- Blackberry Unveils New Android Phone
Blackberry Mobile Nigeria on Monday unveiled Blackberry KEY2 LE, an Android version of Blackberry smartphone in the Nigerian market.
The re-born icon Blackberry brand is being sponsored by Ngilex Mobile Ltd.
Speaking during the unveiling in Lagos, the Chief Executive Officer, Ngilex, Mr Kingsley Obaji, said that with the Blackberry KEY2 LE, the company was targeting 10 per cent market share in Nigeria by end of 2019.
Obaji said that Nigeria was 7th in the world in terms of cell phone usage; hence, the Nigerian smartphone market had to be taken seriously.
He said that Blackberry was ready for the competition in the market, as it had the best product that would enable it become the leader in the smartphone market in a couple of years.
According to him, Ngilex Mobile wants Blackberry phones to be organic, to be part of Nigerian smartphone business; hence, is looking at what the market demands.
“Nigerian market demands the best. The market is large; the Nigerian users are smart and looking for better options.
“We are looking at capturing some five per cent to 10 per cent market share within the next year and this requires a lot of efforts in marketing and outreach,” he said.
The Ngilex boss said that the all-new Blackberry smartphones brought together iconic Blackberry features; with new experience that included dual-SIM, dual-rear camera, more intelligent keyboard, extended battery life and improved privacy controls.
He said that the Blackberry KEY2 LE ran the latest Android 8.1 Oreo operating system and provided access to millions of applications in the Google Play store.
Obaji said that Nigeria was the first country in Africa to receive and market the Blackberry KEY2 LE smartphone.
He said that the KEY2 LE came at a time when the Nigerian market was looking for a different smartphone option.
According to him, the company brings values of productivity, reliability and security to the next level.
“Talking about productivity, the BlackBerry KEY2 LE has all the features you need to manage your work, travel, and personal life on the go.
“This includes support for dual personal accounts and business ready software that makes it easier to manage all aspects of your business and personal life.
“The BlackBerry KEY2 LE is the first BlackBerry with dual account management built in to enable you to separately manage both personal and professional social media profiles on apps like Facebook and Instagram.
“All Blackberry devices we are bringing into Nigeria are dual SIM enable and will support dual WhatsApp and other apps that require unique numbers.
“In Nigeria, most cell phone users are carrying multiple phones on multiple carriers. You can have these lines on a single device, while avoiding carrying the power bank that most users are used to here in Nigeria,” he said.
Obaji said that the phone came with BlackBerry Hub, which brought all your messages into one consolidated place – including emails, texts and messages from almost any social media account; including WhatsApp.
He said that for reliability, the phone had power to get one through the day with enhanced battery features.
“The BlackBerry KEY2 LE features a powerful and efficient Qualcomm Snapdragon processor and battery that can stay powered through a full day and often into a second day of use (22 hours of mixed usage).
“With contextual battery reminder, the BlackBerry KEY2 LE will learn from your daily charging habits and calendar appointments to recommend when to charge.
“This is to ensure you have the battery power to get through important meetings, trips, and events. Never get caught out again with suddenly needing to charge before going flat.
“Qualcomm Quick Charge 3.0 enables up to 50 per cent charge in just 36 minutes. Turbo Charge your battery and get power fast, to do more, when you need it most.
“The BlackBerry KEY2 LE includes enhanced security and built-in privacy features right from the start,” he said.
The Vice President, Ngilex Mobile Ltd., Thomas Larson, said that the Blackberry KEY2 LE experience was different, compared with many smartphone options in the market.
Larson said that the phone combined the best of professional and personal use and the price could not be matched.
“All our phones come with standard one-year warranty provided by McDorsey Services Company Ltd., ” he said.
Jeff Bezos Sets a New Record as Net Worth Hits $172bn
Jeff Bezos Breaks His Own Record, Now Worth $172bn
Jeff Bezos, the Chief Executive Officer and Founder of Amazon Inc, on Wednesday broke his own record to set a new all-time record of $172 billion net worth.
Bezos’s previous record was $167.7 billion attained in September 2018. However, the billionaire broke the record on Wednesday after Amazon shares gained 4.4 percent to close at $2,878.80 per share.
This is despite the billionaire parting with 19.7 million Amazon shares in July 2019 as part of his divorce settlement to his wife, Mackenzie Bezos.
Mackenzie Bezos’s 19.7 million shares now worth around $56.9 billion, making her the second richest woman and the thirteenth richest person in the world.
Jeff Bezos’s net worth has now risen by $57.4 billion from the year-to-date, according to Bloomberg Billionaire Index.
Opay Pauses Some Business Operations as COVID-19 Bites
OPay Halts Some Business Units Amid COVID-19 Pandemic
Opay, a seamless mobile money service provider, has announced it would be putting some of its business units on hold as COVID-19 pandemic bites.
In a statement released by the Chinese owned mobile money start-up on its official twitter page @OPay_NG, the company said “We can confirm that some of our business units including the ride-hailing services, ORide, OCar as well as our logistics service OExpress will be put on pause.”
This, it said was largely due to the tough business environment brought about by COVID-19 pandemic, the lockdown and government ban of motorbikes in Lagos.
The statement read “Globally, ride-sharing businesses have been heavily impacted by the pandemic. But several months ago, foreseeing this issue, OPay had already taken preemptive steps to restructure our business focus away from rides. It is worth to note that this final restructuring has minimal impact on OPay as a whole business.”
“It is important to clarify that ride-sharing had always been only one part, and not a major part of OPay’s diversified business in Nigeria. In fact, OPay had been investing more and seeing accelerated growth in its commitment to Nigeria’s financial and technology inclusion.
“During the pandemic, we have seen continued demand for our offline mobile money agency, and online digital payment, which remains the core of our business.
“From January to April 2020 for example, we witnessed a 44% growth of offline and online transaction value even in the midst of pandemic and lockdown. This is a testament to the high demand for flexible and easy financial services by Nigerians. OPay remains one of the most well-funded and profitable mobile money platforms in Nigeria, and we will continue to do more for our customers.”
Below is the company’s official statement as published on Twitter.
Facebook, Google Earn 80% of Annual Digital Ads Spend – Report
Facebook, Google Earn 80% of the £14bn Spent on Digital Ads in 2019
A recent report from the United Kingdom’s competition watchdog has shown that Facebook and Google earned 80 percent of all the money spent by advertisers on digital platforms in 2019.
In the 440-page report, the Competition and Markets Authority (CMA), UK said Google and Facebook market positions are having a “profound impact” on newspapers that now receive almost 40 percent of all visits to their sites through the two platforms.
“This dependency potentially squeezes their share of digital advertising revenues, undermining their ability to produce valuable content,” the watchdog said.
This is coming two weeks after Investors King called on the Federal Government of Nigeria to protect Small and Medium businesses against Facebook and Google activities or watch the nation’s SMEs die. Investors King had posited that “Nigerian startups can not compete with Facebook and the recent tax announced by the Federal Government through the ministry of finance would not be enough to stop these giant tech companies from taking advantage of Nigeria’s young growing market.”
According to the CMA report, out of the £14 billion spent on digital advertising in the United Kingdom in 2019, Google with more than 90 percent share of market search earned £7.3 billon while Facebook with more than 50 percent of display market earned £5.5 billion. Representing 80 percent of the total digital ads spent in 2019.
While the report admits that the two platforms help small businesses reach customers and are valued by users, it also said they have “developed such unassailable market positions that rivals can no longer compete on equal terms”.
Andrea Coscelli, Chief Executive at CMA, said: “What we have found is concerning – if the market power of these firms goes unchecked, people and businesses will lose out.
“People will carry on handing over more of their personal data than necessary, a lack of competition could mean higher prices for goods and services bought online and we could all miss out on the benefits of the next innovative digital platform.
“Our clear recommendation to government is that a new pro-competitive regulatory regime be established to address the concerns we have identified and regulate a sector which is central to all our lives.”
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