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Hyundai Names Sata Motors new Benin Dealer



Hyundai Motors Nigeria
  • Hyundai Names Sata Motors new Benin Dealer

Hyundai Motors Nigeria Limited (HMNL) has named Sata Motors Nigeria Limited as its provincial dealer in Benin, Edo State.

Sata Motors would provide sales and aftermarket services for Hyundai Motors in the ancient city of Benin.

Head of Sales and Marketing Jatin Nadkarni who recently presided over the sign-on ceremony at the Hyundai Motors Nigeria showroom in Lagos said the appointment of an independent sales agent for the ancient city of Benin and its environ was crucial to the growing Hyundai clientele.

He urged the new agent to carve a niche for the brand by positioning Hyundai and its service facility for outstanding customer experience.

“The essence of pushing boundaries is to emphasize Hyundai brand direction geared towards providing new values and experiences to yet more customers of today through ways that are unique to the brand to go beyond customers’ expectations,” Mr. Nadkarni reasoned.

The endorsement of Sata Motors Benin brings to six numbers of Hyundai provincial sales agents at various locations in Nigeria including, Ikeja, Ilorin, Awka, Warri and Uyo. 

Mr. Nadkarni said it is imperative to inaugurate quality aftermarket shop in line with expanding Nigerian economy and increasing new car sales that is approaching 50,000 vehicles annually.

Also adding that modern day vehicles require sophisticated diagnostic equipment and trained technicians, HMNL sales and marketing helmsman said a rapidly evolving economy as Nigeria can’t leave such vital service in the hands of small independents aftermarket shops.

He said investments in equipment for this type of technology are huge and could be out-of- reach of most independent repair shops which explain why Sata Motors is appropriate to fill the vacuum to provide discerning customers with affordable and convenient car care repair.

An emerging enterprise with predisposition for excellent service delivery, Sata Motors currently has one of the best after sales service facilities in Benin with standard OEM (Original Equipment Manufacturer), body repair facilities and a dedicated training centre.

The management of Sata Motors has however said it wasn’t just motivated by the volume of sale but ready to offer excellent aftermarket service and customer satisfaction.

“We are an established market with proclivity for what customers want in terms of efficient automotive services otherwise called 5-star experience,” the Sata management affirmed.

The company has meanwhile promised to woo discerning customers for Hyundai in Benin axis and consequently raise the brand’s profile among competitions.

CEO/Founder Investors King Ltd, a foreign exchange research analyst, contributing author on New York-based Talk Markets and, with over a decade experience in the global financial markets.

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African Startup uLesson Raises $15m, with Support from Tencent and Nielsen Ventures




Two-year old edtech startup uLesson, founded by a Nigerian, announced that it has now closed a $15 million Series B round.

Edtech startup companies benefited greatly from the pandemic’s disruption, pulling huge amounts of money from investors worldwide and it felt like African startups were left out. However, the announcement of uLesson shows that this is not the case any longer.

The investment comes almost a year after uLesson closed a $7.5 million in Series A round. and was completed by five different investors, and they are; Tencent, TLcom Capital, Founder Collective, Nielsen Ventures and already existing investors Owl Ventures. The investment is also the largest announced investment in an African edtech startup.

uLesson was founded by Nigerian Sim Shagaya in 2019, and it came into the market when the pandemic ravaged the world last year. Being a young company, uLesson had to keep switching business models in a bid to determine what would be best for a very tough African market.

At its launch, uLesson started by providing a product pack of SD cards and dongles which had pre-recorded videos for K-12 students. They can access lessons either via streaming or through using SD cards to download and save the lesson content.

However, uLesson has introduced some new features for a comprehensive edtech play for the demographic. It added quizzes, as well as a homework help feature that would assist students in connecting to tutors from other universities.

It also started a live class feature, which consists of polls and leaderboards as well as a live experience of DevKids, a coding class that is separate from the core uLesson platform. DevKids has however been rolled back, with Shagaya stating that plans were being made to introduce the feature – which was initially an experiment in teaching kids how to code and at a point raked in about 30% of the company’s total revenue – sometime in January next year.

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Alexa, Global Web Traffic Analytic Company to Shut Down in May, 2022



Alexa, owned web traffic and analytic company, on Wednesday announced it was shutting down operations after 25 years of helping businesses grow and expand their reach.

The company disclosed this in a statement published on its website.

Alexa will officially shut down on May 1, 2022. Therefore, businesses are advised to export their data between now and May 1, 2022.

However, current paying subscribers will continue to enjoy Alexa service up until May 2022.

The statement reads: “We will be retiring on May 1, 2022

“Twenty-five years ago, we founded Alexa Internet. After two decades of helping you find, reach, and convert your digital audience, we’ve made the difficult decision to retire on May 1, 2022. Thank you for making us your go-to resource for content research, competitive analysis, keyword research, and so much more.

“We have been proud to serve you as customers.”

Alexa FAQ For Subscribers

How do I export data from

Can I buy a new subscription?

  • No, stopped offering new subscriptions on December 8, 2021 UTC.  Customers with existing subscriptions will continue to have access to their subscriptions until May 1, 2022 UTC.

What will happen to my existing subscription?

  • Existing subscriptions will remain active until May 1, 2022 UTC.  After that, customers will no longer have access to

Will I be charged for my existing subscription?

  • Yes, the last subscription billing date will be prior to April 1, 2022 UTC.  Customers will continue to have access to until May 1, 2022 UTC.

Can I delete my account?

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Nigeria’s Bento Expands Further into Africa




Nigeria’s digital payroll and human resource management platform, Bento is expanding into other African countries like Ghana, Kenya and Rwanda while maintaining plans to start operations in six other markets in Africa within the next one year.

For the next expansion phase, Bento is targeting Egypt, South Africa, Uganda, Tanzania, Angola and Ethiopia for further expansion by the end of next year.

Bento is accessing the payroll and Human Resource management market in Africa that has usually relied on laborious analogue processes to distribute payment. The start-up, which was founded in 2019, is assisting businesses to automate the payment of their salaries and other statutory remittances, which include taxes and pensions.

The co-founder and CEO of Bento, Ebun Okubanjo lamented about other companies making use of the analogue processes to manage their workforce, citing it as frustrating but exciting for Bento. Okubanjo stated that employers do not have access to customised, world-class payroll and HRM (Human Resource Management) tools, and the employees cannot access third-party tools to make their lives easier. Okubanjo then said that the company is building the operating system that will have a solid impact on the African continent even for the generations to come.

Bento stated that its platform is leveraging data to expand credit solutions to third parties (or employees) and other services such as unemployment insurance, investments and savings.

The start-up’s main credit engine which was built in partnership with Tarya of Israel, makes sure of the payment of instant loans. In Nigeria, Bento currently serves more than 900 businesses, including healthcare and financial service companies like Hygeia and Tangerine Africa, and Y Combinator-supported start-ups Paystack, Kobo360, Branch and LORI Systems.

The second co-founder and COO of Bento, Chidozie David Okonkwo said that the company is starting off with payroll and HRM, but also moving very quickly towards Salary 2.0 where the company will “redefine the intersection of work and life and transform how people earn, spend and borrow money on the continent.”

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