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  •  Customers of various banks in the Federal Capital Territory FCT have frowned at poor network experienced in their financial electronic transactions as the country mark its 62nd Independence Anniversary Some of them who spoke to the News Agency of Nigeria in Abuja on Saturday said the development did not portray the spirit of celebration in the country Mrs Ekaitte Ibim a civil servant said that epileptic network in banks negated financial inclusion initiative of the Central Bank of Nigeria CBN Ibim said the situation was frustrating and discouraging adding that most banks Automated Teller Machines ATMs were also unable to dispense cash I came to the market here in Nyanya to buy food stuff for my family but I have gone round three bank ATMs but all of them were temporary unable to dispense cash This is frustrating because I want to withdraw huge amount of money to enable me do my family shopping for the month now that salaries have been paid I have been going round and round looking for ATM that dispenses cash and I don t have enough time The only one i saw the crowd there was so discouraging If today is like this you can imagine what on Monday will be like she said Mr Ugochukwu Chijindu another bank customer and a business man urged banks to ensure the effective functioning of their ATMs This is very annoying I have been standing on this ATM queue for some hours now We are celebrating 62 years of the country and banks are making us suffer with our own money I want to withdraw some money to take my children who have been disturbing me out in the evening At least to give them a little treat that I can afford I also left my business for someone to be here thinking that I will finish immediately Some machines are working while some are not Banks should find a lasting solution to all these he said Mr Edward Obande a bank customer in Kubwa said the situation was terrible in the area Obande said he also visited a Point of Sale PoS operator only to discover that the man did not also have enough money to dispense to him Even the PoS man told me he didn t have enough cash to give me because he could not withdraw from the bank Things like this usually happen during the weekend and holidays he said Mr Fidelis Nnanna a PoS operator in Nyanya axis alleged that banks network were usually epileptic during month end From my experience in this business I have noticed that bank s network for electronic transactions are usually poor during the end or beginning of the month So many people are accessing the network because salaries have been paid It will soon normalise Nnanna said A bank staff in one of the new generation banks who preferred anonymity said there was nothing to worry about as the situation was under control According to the staff we have people who come to load money in the ATMs even during weekends and holidays I do not think they will fail in their duties the staff said NewsSourceCredit NAN
    Nigeria @62: Customers decry poor network, inability of ATMs to dispense cash 
     Customers of various banks in the Federal Capital Territory FCT have frowned at poor network experienced in their financial electronic transactions as the country mark its 62nd Independence Anniversary Some of them who spoke to the News Agency of Nigeria in Abuja on Saturday said the development did not portray the spirit of celebration in the country Mrs Ekaitte Ibim a civil servant said that epileptic network in banks negated financial inclusion initiative of the Central Bank of Nigeria CBN Ibim said the situation was frustrating and discouraging adding that most banks Automated Teller Machines ATMs were also unable to dispense cash I came to the market here in Nyanya to buy food stuff for my family but I have gone round three bank ATMs but all of them were temporary unable to dispense cash This is frustrating because I want to withdraw huge amount of money to enable me do my family shopping for the month now that salaries have been paid I have been going round and round looking for ATM that dispenses cash and I don t have enough time The only one i saw the crowd there was so discouraging If today is like this you can imagine what on Monday will be like she said Mr Ugochukwu Chijindu another bank customer and a business man urged banks to ensure the effective functioning of their ATMs This is very annoying I have been standing on this ATM queue for some hours now We are celebrating 62 years of the country and banks are making us suffer with our own money I want to withdraw some money to take my children who have been disturbing me out in the evening At least to give them a little treat that I can afford I also left my business for someone to be here thinking that I will finish immediately Some machines are working while some are not Banks should find a lasting solution to all these he said Mr Edward Obande a bank customer in Kubwa said the situation was terrible in the area Obande said he also visited a Point of Sale PoS operator only to discover that the man did not also have enough money to dispense to him Even the PoS man told me he didn t have enough cash to give me because he could not withdraw from the bank Things like this usually happen during the weekend and holidays he said Mr Fidelis Nnanna a PoS operator in Nyanya axis alleged that banks network were usually epileptic during month end From my experience in this business I have noticed that bank s network for electronic transactions are usually poor during the end or beginning of the month So many people are accessing the network because salaries have been paid It will soon normalise Nnanna said A bank staff in one of the new generation banks who preferred anonymity said there was nothing to worry about as the situation was under control According to the staff we have people who come to load money in the ATMs even during weekends and holidays I do not think they will fail in their duties the staff said NewsSourceCredit NAN
    Nigeria @62: Customers decry poor network, inability of ATMs to dispense cash 
    Economy5 days ago

    Nigeria @62: Customers decry poor network, inability of ATMs to dispense cash 

    Customers of various banks in the Federal Capital Territory (FCT) have frowned at poor network experienced in their financial electronic transactions as the country mark its 62nd Independence Anniversary.

    Some of them who spoke to the News Agency of Nigeria in Abuja on Saturday, said the development did not portray the spirit of celebration in the country.

    Mrs Ekaitte Ibim, a civil servant, said that epileptic network in banks negated financial inclusion initiative of the Central Bank of Nigeria (CBN).

    Ibim said the situation was frustrating and discouraging, adding that most banks’ Automated Teller Machines (ATMs) were also unable to dispense cash ”I came to the market here in Nyanya to buy food stuff for my family but I have gone round three bank ATMs but all of them were temporary unable to dispense cash.

    ”This is frustrating because I want to withdraw huge amount of money to enable me do my family shopping for the month now that salaries have been paid.

    ”I have been going round and round looking for ATM that dispenses cash and I don’t have enough time.

    ”The only one i saw, the crowd there was so discouraging.

    ”If today is like this, you can imagine what on Monday will be like,” she said.

    Mr Ugochukwu Chijindu, another bank customer and a business man urged banks to ensure the effective functioning of their ATMs. ”This is very annoying, I have been standing on this ATM queue for some hours now.

    ”We are celebrating 62 years of the country and banks are making us suffer with our own money.

    ”I want to withdraw some money to take my children who have been disturbing me out in the evening.

    ”At least, to give them a little treat that I can afford.

    ”I also left my business for someone to be here thinking that I will finish immediately.

    ”Some machines are working while some are not.

    Banks should find a lasting solution to all these,” he said.

    Mr Edward Obande, a bank customer in Kubwa said the situation was terrible in the area.

    Obande said he also visited a Point of Sale (PoS) operator only to discover that the man did not also have enough money to dispense to him.

    ”Even the PoS man told me he didn’t have enough cash to give me because he could not withdraw from the bank.

    ”Things like this usually happen during the weekend and holidays,” he said.

    Mr Fidelis Nnanna, a PoS operator in Nyanya axis, alleged that banks’ network were usually epileptic during month end.

    ”From my experience in this business, I have noticed that bank’s network for electronic transactions are usually poor during the end or beginning of the month.

    ”So many people are accessing the network because salaries have been paid.

    It will soon normalise,” Nnanna said.

    A bank staff in one of the new generation banks who preferred anonymity said there was nothing to worry about as the situation was under control.

    According to the staff, we have people who come to load money in the ATMs even during weekends and holidays.

    ”I do not think they will fail in their duties,” the staff said.


    NewsSourceCredit: NAN

  •  FirstBank of Nigeria Ltd says it is joining the rest of the world to celebrate 2022 Customer Service Week while pledging continued support for individuals businesses to impact the economy positively Mrs Folake Ani Mumuney Group Head Marketing and Corporate Communications FirstBank said in a statement in Lagos on Saturday that the event will start from on Oct 3 to Oct 7 She said that the event with the theme Celebrating Service would be marked across its FBNBank subsidiaries in seven countries She said that the event would be marked in FBNBank UK FBNBank Ghana FBNBank Senegal FBNBank Gambia FBNBank Guinea FBNBank DRC and FBNBank Sierra Leone For us at FirstBank Celebrating Service the theme of the 2022 edition of the Customer Service Week is a reflection of our brand mantra You First This reiterates the essence of our existence since 1894 centred on putting You our customers first as we continue to support individuals and businesses to impact the economy With our dynamic and vibrant human led and digital led customer services operations we remain committed to rendering the gold standard of services to our customers and stakeholders regardless of where they may be across the globe Ani Mumuney said According to her Customer Service Week is an international celebration that highlights the importance of customer service and staff who serve and support customers daily to deliver exceptional service to customers She said that the bank s celebration of the 2022 Customer Service Week would include several activities considered integral to promoting a relaxed atmosphere whilst extending its participation to everyone irrespective of where they are She said the activities would include virtual engagement of customers on its social media handles firstbanknigeria on Instagram First Bank of Nigeria Limited on Facebook First Bank of Nigeria Limited on LinkedIn and FirstBankngr on Twitter Others are a video booth and photo frame funfair then a virtual party on the Friday of the weeklong event and a movie date for staff She said through the last 128 years of its operations FirstBank has played a leading role in utilising its robust customer service network and digital banking architecture to support its customers It cuts across diverse cultures tribes and races beyond the shores of Nigeria especially in meeting their individual and business needs The bank achieves this through its innovative interactive self service banking platforms like 894 Quick Banking mobile solution FirstMobile banking application Firstmonie Agents FirstOnline internet banking WhatsApp banking and ATM amongst many others The bank s electronic banking channels are constantly updated with new and exciting features to expose customers to exemplary services and experience to put them at an advantage in the industry NewsSourceCredit NAN
    Firstbank celebrates 2022 Customer Service Week
     FirstBank of Nigeria Ltd says it is joining the rest of the world to celebrate 2022 Customer Service Week while pledging continued support for individuals businesses to impact the economy positively Mrs Folake Ani Mumuney Group Head Marketing and Corporate Communications FirstBank said in a statement in Lagos on Saturday that the event will start from on Oct 3 to Oct 7 She said that the event with the theme Celebrating Service would be marked across its FBNBank subsidiaries in seven countries She said that the event would be marked in FBNBank UK FBNBank Ghana FBNBank Senegal FBNBank Gambia FBNBank Guinea FBNBank DRC and FBNBank Sierra Leone For us at FirstBank Celebrating Service the theme of the 2022 edition of the Customer Service Week is a reflection of our brand mantra You First This reiterates the essence of our existence since 1894 centred on putting You our customers first as we continue to support individuals and businesses to impact the economy With our dynamic and vibrant human led and digital led customer services operations we remain committed to rendering the gold standard of services to our customers and stakeholders regardless of where they may be across the globe Ani Mumuney said According to her Customer Service Week is an international celebration that highlights the importance of customer service and staff who serve and support customers daily to deliver exceptional service to customers She said that the bank s celebration of the 2022 Customer Service Week would include several activities considered integral to promoting a relaxed atmosphere whilst extending its participation to everyone irrespective of where they are She said the activities would include virtual engagement of customers on its social media handles firstbanknigeria on Instagram First Bank of Nigeria Limited on Facebook First Bank of Nigeria Limited on LinkedIn and FirstBankngr on Twitter Others are a video booth and photo frame funfair then a virtual party on the Friday of the weeklong event and a movie date for staff She said through the last 128 years of its operations FirstBank has played a leading role in utilising its robust customer service network and digital banking architecture to support its customers It cuts across diverse cultures tribes and races beyond the shores of Nigeria especially in meeting their individual and business needs The bank achieves this through its innovative interactive self service banking platforms like 894 Quick Banking mobile solution FirstMobile banking application Firstmonie Agents FirstOnline internet banking WhatsApp banking and ATM amongst many others The bank s electronic banking channels are constantly updated with new and exciting features to expose customers to exemplary services and experience to put them at an advantage in the industry NewsSourceCredit NAN
    Firstbank celebrates 2022 Customer Service Week
    Economy5 days ago

    Firstbank celebrates 2022 Customer Service Week

    FirstBank of Nigeria Ltd., says it is joining the rest of the world to celebrate 2022 Customer Service Week, while pledging continued support for individuals, businesses to impact the economy positively.

    Mrs Folake Ani-Mumuney, Group Head, Marketing and Corporate Communications, FirstBank, said in a statement in Lagos on Saturday that the event will start from on Oct. 3 to Oct. 7.   She said that the event with the theme, “Celebrating Service”, would be marked across its FBNBank subsidiaries in seven countries.

    She said that the event would be marked in FBNBank UK, FBNBank Ghana, FBNBank Senegal, FBNBank Gambia, FBNBank Guinea, FBNBank DRC and FBNBank Sierra Leone.

    “For us at FirstBank, Celebrating Service, the theme of the 2022 edition of the Customer Service Week, is a reflection of our brand mantra, “You First”.

    “This reiterates the essence of our existence since 1894, centred on putting You, our customers first, as we continue to support individuals and businesses to impact the economy.

    “With our dynamic and vibrant human-led and digital-led customer services operations, we remain committed to rendering the gold standard of services to our customers and stakeholders, regardless of where they may be across the globe,” Ani-Mumuney said.

    According to her, Customer Service Week is an international celebration that highlights the importance of customer service and staff who serve and support customers daily to deliver exceptional service to customers.

    She said that the bank’s celebration of the 2022 Customer Service Week would include several activities considered integral to promoting a relaxed atmosphere, whilst extending its participation to everyone irrespective of where they are.

    She said the activities would include virtual engagement of customers on its social media handles: firstbanknigeria on Instagram; First Bank of Nigeria Limited on Facebook; First Bank of Nigeria Limited on LinkedIn and @FirstBankngr on Twitter.

    Others are a video booth and photo frame funfair, then a virtual party on the Friday of the weeklong event and a movie date for staff.

    She said, “through the last 128 years of its operations, FirstBank has played a leading role in utilising its robust customer service network and digital banking architecture to support its customers.

    “It cuts across diverse cultures, tribes and races beyond the shores of Nigeria, especially in meeting their individual and business needs.

    “The bank achieves this through its innovative, interactive, self-service banking platforms like *894# Quick Banking mobile solution, FirstMobile banking application, Firstmonie Agents, FirstOnline internet banking, WhatsApp banking, and ATM amongst many others.

    “The bank’s electronic banking channels are constantly updated with new and exciting features to expose customers to exemplary services and experience to put them at an advantage in the industry.


    NewsSourceCredit: NAN

  •  The Ibadan Electricity Distribution Company IBEDC Plc has pledged its commitment to national development as Nigeria celebrate its 62nd independence anniversary on Saturday This is contained in a statement signed by IBEDC Interim Managing Director Mr Kingsley Achife and made available to newsmen on Friday in Ibadan The News Agency of Nigeria reports that Nigerians would on Saturday October 1 celebrate 62 years anniversary of her existence as an Independent nation IBEDC is committed to contributing its best to national development through excellent service delivery improved power supply prompt response to customers complaints and bridging the metering gap across our franchise he said He congratulated Nigerians on the anniversary saying the sacrifices as well as ideologies of the founding fathers should remain the watchwords for a united and peaceful country The IBEDC boss urged Nigerians to continually strive for the development of the country saying one of the catalyst that drives growth and development of any economy is electricity Achife explained that IBEDC has put stringent measures in place to ensure good service delivery during the holiday We are aware that our customers are looking forward to enjoying power supply during the holiday so our technical crew are available to rectify any faults that may arise during this period Our customer care line 0700123999 will remain active to respond to complaints and reports promptly Wishing our esteemed customers a happy Independence Day he said He advised motorists to avoid driving under the influence of alcohol and observe traffic rules to prevent collision with electric poles as well as other forms of accidents during the independence celebration The IBEDC boss also implored customers to take advantage of the company s hassle free channels of payment such as Quick teller Payarena Jumia Watu Buypower and ATM to pay their bills Our payment centers are also open during the holiday from 9am 3pm to attend to customers NewsSourceCredit NAN
    Independence: IBEDC committed to excellent service delivery, national devt.- MD
     The Ibadan Electricity Distribution Company IBEDC Plc has pledged its commitment to national development as Nigeria celebrate its 62nd independence anniversary on Saturday This is contained in a statement signed by IBEDC Interim Managing Director Mr Kingsley Achife and made available to newsmen on Friday in Ibadan The News Agency of Nigeria reports that Nigerians would on Saturday October 1 celebrate 62 years anniversary of her existence as an Independent nation IBEDC is committed to contributing its best to national development through excellent service delivery improved power supply prompt response to customers complaints and bridging the metering gap across our franchise he said He congratulated Nigerians on the anniversary saying the sacrifices as well as ideologies of the founding fathers should remain the watchwords for a united and peaceful country The IBEDC boss urged Nigerians to continually strive for the development of the country saying one of the catalyst that drives growth and development of any economy is electricity Achife explained that IBEDC has put stringent measures in place to ensure good service delivery during the holiday We are aware that our customers are looking forward to enjoying power supply during the holiday so our technical crew are available to rectify any faults that may arise during this period Our customer care line 0700123999 will remain active to respond to complaints and reports promptly Wishing our esteemed customers a happy Independence Day he said He advised motorists to avoid driving under the influence of alcohol and observe traffic rules to prevent collision with electric poles as well as other forms of accidents during the independence celebration The IBEDC boss also implored customers to take advantage of the company s hassle free channels of payment such as Quick teller Payarena Jumia Watu Buypower and ATM to pay their bills Our payment centers are also open during the holiday from 9am 3pm to attend to customers NewsSourceCredit NAN
    Independence: IBEDC committed to excellent service delivery, national devt.- MD
    General news5 days ago

    Independence: IBEDC committed to excellent service delivery, national devt.- MD

    The Ibadan Electricity Distribution Company (IBEDC) Plc has pledged its commitment to national development as Nigeria celebrate its 62nd independence anniversary on Saturday.

    This is contained in a statement signed by IBEDC Interim Managing Director, Mr Kingsley Achife and made available to newsmen on Friday in Ibadan.

    The News Agency of Nigeria reports that Nigerians would on Saturday, October 1 celebrate 62 years anniversary of her existence as an Independent nation.

    “IBEDC is committed to contributing its best to national development through excellent service delivery, improved power supply, prompt response to customers’ complaints and bridging the metering gap across our franchise,” he said.

    He congratulated Nigerians on the anniversary, saying the sacrifices as well as ideologies of the founding fathers should remain the watchwords for a united and peaceful country.

    The IBEDC boss urged Nigerians to continually strive for the development of the country, saying one of the catalyst that drives growth and development of any economy is electricity.

    Achife explained that IBEDC has put stringent measures in place to ensure good service delivery during the holiday.

    “We are aware that our customers are looking forward to enjoying power supply during the holiday, so our technical crew are available to rectify any faults that may arise during this period.

    “Our customer care line 0700123999 will remain active to respond to complaints and reports promptly.

    Wishing our esteemed customers, a happy Independence Day,” he said.

    He advised motorists to avoid driving under the influence of alcohol and observe traffic rules to prevent collision with electric poles as well as other forms of accidents during the independence celebration.

    The IBEDC boss also implored customers to take advantage of the company’s hassle-free channels of payment such as Quick teller, Payarena, Jumia, Watu, Buypower and ATM to pay their bills.

    “Our payment centers are also open during the holiday from 9am-3pm to attend to customers.


    NewsSourceCredit: NAN

  •   I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to deliver cutting edge digital solutions to our customers A strong and resilient network reliably connects all elements of the platform Moses Okundi CIO of Absa Kenya Who is Absa Bank Kenya Absa Bank Kenya is listed on the Nairobi Stock Exchange and is one of the leading financial institutions in Kenya Established in 1916 the bank has been a major player in Kenya s financial landscape involved in personal and corporate banking business credit cards and bancassurance In line with the bank s purpose of bringing possibility to life the bank offers comprehensive financial solutions to retail business and corporate clients and its regional and global presence enables it to offer leading edge financial solutions to its clients The bank is a leader in the credit card space It has also been associated with a number of market firsts such as the launch of the first ATM Sharia compliant banking and unsecured loans Absa Bank Kenya is part of the Absa Group one of the continent s largest financial services institutions with a presence in 12 African markets and a global scale with offices in London and New York In Kenya Absa is present in 38 counties It has 83 branches 212 ATMs and a robust Internet and mobile banking platform Facing changing customer needs in recent years Absa Bank sees digital enablement as one of the company s key strategies While accelerating business innovation Absa works closely with partners to accelerate digital transformation deliver high quality and convenient innovative services for employees and customers and further enable the creation of a digital Africa Bank outlets reconsider their positioning as epidemics and digital technologies affect the financial industry In recent years the epidemic and digital technologies have continuously affected traditional commercial banks The diversified requirements of banking users and the physical isolation caused by the COVID 19 epidemic have accelerated the digital transformation of commercial banks As a result mobile first has become a mainstream theme in the industry More and more banks see mobile money as the essential route to digital transformation As consumers embrace mobile banking digital channels are absorbing many traditional banking transactions As a result the customer footprint at bank outlets begins to shrink leading to the closure of many outlets However bank outlets remain an important channel for serving customers According to a June 2020 McKinsey study The branch approach will evolve to help customers with their complex needs In another Deloitte study of the outlook for banking and capital markets to 2021 Nearly half of bank respondents said their institutions are considering real time interactions with bank staff via smart ATMs There is no doubt that bank outlets remain indispensable in the digital transformation journey of banks However banks are supposed to re examine the position of offline outlets In the future branches will act as face to face F2F channels and customer experience centers where customers handle complex transactions resolve problems and receive financial advisory services Smart bank branch networks will be the key for banks to achieve this goal and support the digital strategies of commercial banks The traditional branch connection solution makes it difficult for banks to digitally upgrade Who is Mr Right for this situation However traditional bank branch network architectures are no longer sufficient to support or even make it difficult to upgrade digital branches First the cost of traditional WAN solutions for connecting branch offices is too high With the promotion of digitization the demand for real time data transmission of transactions services and financial files in bank branches has skyrocketed as has the demand for high quality digital offices and video voice within branches However most banks traditionally rely on multi protocol label switching MPLS to implement network connections between head offices and branches as well as between branches However the cost of building MPLS links is too high Most banks are hesitant at such a high cost This becomes an obstacle for the establishment of smart branches of banks Traditional solutions also do not meet the requirements of banking agility and flexibility Previously building configuring and commissioning a network in a new bank branch could take weeks or even months Also many services that should have been available to clients if there was a strong network cannot be provided in some areas due to a lack of professional staff As a result traditional solutions become an impediment to the agility requirements of banking in the digital age In addition the low efficiency of operation and maintenance of the network becomes a critical point for the digital transformation of banks Banks are typical of these situations the network structure is complex and invisible branch locations are scattered and network diagnostics cannot be performed remotely As a result when network problems arise IT technicians must handle them It could take several hours or even days which would be disastrous for the banks operations and lead to significant losses As we can see when the continuity of banking services is threatened by a network problem traditional solutions fail Since the traditional branch connection solution is obsolete in the digital age what is the best solution for digital branch building SD WAN Software Defined Wide Area Network technology is the answer SD WAN as a next generation technology and service can help banks connect their branches and promote smart branch upgrades by building a powerful network based on cost effectiveness agility flexibility scalability security and compliance Absa Bank Kenya partners with Huawei on SD WAN solution to build a new digital foundation for branch networks As the business continues to expand Absa Bank Kenya actively searches for the most suitable network infrastructure We strive to provide our customers with a seamless digital experience We want to enable them to bank and transact smoothly and seamlessly in the comfort of whatever they may be said Moses Okundi CIO of Absa Bank Kenya To realize that the bank needed to build a new infrastructure to improve the efficiency of various banking services reduce operation and maintenance costs and improve the user experience at branches To meet the digital transformation requirements Huawei and Absa Bank Kenya s technical team conducted in depth discussions and surveys Based on the bank s actual requirements and digital strategy as well as Huawei s strong technical reserves and building experience in enterprise networking and financial digital transformation Huawei provided Absa Bank Kenya with a customized NCE based SD WAN solution Campus In addition to the common capabilities of SD WAN this solution comes with other unique advantages including High performance and congestion free forwarding 3 times higher performance in the industry meeting SD WAN development requirements in the coming five years Intelligent application routing ensures user experience for key applications application level intelligent traffic steering 5G plus fiber on demand scheduling A FEC enable 20 video packet loss with no frame freezing or artifacts 3 Automation of the whole process Support multiple ZTP modes including emails USB flash drives etc Network deployment at branch offices can be done in a matter of minutes Branch device application and link status are displayed Capable of centralized management and simplified operation and maintenance Finally Absa Bank Kenya also selected Huawei as its digital transformation partner to build a cloud based network between its headquarters and branches This is a proof that Absa Bank Kenya highly recognizes Huawei s SD WAN solution to meet its digital innovation and service expansion requirements during its digital upgrade Efficient reliable and intelligent O M accelerating the digital transformation of Absa Bank Kenya What does an SD WAN based cloud branch network bring to Absa Kenya We got to a point where we can manage traffic and distribute traffic evenly across multiple technology options or multiple connectivity options from multiple connectivity providers The value of this is that it gives us strong resilience to manage that connectivity adds Okundi In fact in the future Absa Bank Kenya s branch network will have an intelligent traffic direction capability It means that the network can dynamically select MPLS links or Internet links based on the quality of the application and the quality of the MPLS link to ensure that key services use good quality links In addition based on Huawei s proprietary algorithm support even if the Internet link quality is not that good the communication quality can still be guaranteed which means that MPLS has a cost effective alternative In addition Huawei provides the iMaster NCE Campus O M platform for Absa Kenya which can display key O M quality of devices applications and traffic This platform can visualize the application traffic of all branches and thus enables the IT team to monitor dynamic data and adjust the bandwidth of each branch in a timely manner This provides efficient and intelligent operations as Okundi explains For my technology team we now have a very good level of visibility into usage from the connectivity partners we ve contracted with We can see where the usage is and how the traffic is distributes And in the worst cases where manual intervention is required our team can identify the challenges making their intervention very precise and efficient These are just the tip of the iceberg in terms of the benefits provided by SD WAN Absa Bank Kenya s cloud based intelligent branch network will serve as a critical foundation for the financial giant s digital transformation As Okundi puts it I look at it like Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to really deliver cutting edge digital solutions to our customers And right at the bottom layer is strong connectivity In the future this powerful branch network will further promote Absa Bank s smart upgrading and eventually help them evolve into smart customer experience centers This digital foundation will continue to support Absa Bank Kenya s business expansion and innovation to deliver the best and more advanced financial services to Kenyan customers and businesses
    Absa Bank Kenya partners with Huawei to build a new digital foundation for branch networks
      I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to deliver cutting edge digital solutions to our customers A strong and resilient network reliably connects all elements of the platform Moses Okundi CIO of Absa Kenya Who is Absa Bank Kenya Absa Bank Kenya is listed on the Nairobi Stock Exchange and is one of the leading financial institutions in Kenya Established in 1916 the bank has been a major player in Kenya s financial landscape involved in personal and corporate banking business credit cards and bancassurance In line with the bank s purpose of bringing possibility to life the bank offers comprehensive financial solutions to retail business and corporate clients and its regional and global presence enables it to offer leading edge financial solutions to its clients The bank is a leader in the credit card space It has also been associated with a number of market firsts such as the launch of the first ATM Sharia compliant banking and unsecured loans Absa Bank Kenya is part of the Absa Group one of the continent s largest financial services institutions with a presence in 12 African markets and a global scale with offices in London and New York In Kenya Absa is present in 38 counties It has 83 branches 212 ATMs and a robust Internet and mobile banking platform Facing changing customer needs in recent years Absa Bank sees digital enablement as one of the company s key strategies While accelerating business innovation Absa works closely with partners to accelerate digital transformation deliver high quality and convenient innovative services for employees and customers and further enable the creation of a digital Africa Bank outlets reconsider their positioning as epidemics and digital technologies affect the financial industry In recent years the epidemic and digital technologies have continuously affected traditional commercial banks The diversified requirements of banking users and the physical isolation caused by the COVID 19 epidemic have accelerated the digital transformation of commercial banks As a result mobile first has become a mainstream theme in the industry More and more banks see mobile money as the essential route to digital transformation As consumers embrace mobile banking digital channels are absorbing many traditional banking transactions As a result the customer footprint at bank outlets begins to shrink leading to the closure of many outlets However bank outlets remain an important channel for serving customers According to a June 2020 McKinsey study The branch approach will evolve to help customers with their complex needs In another Deloitte study of the outlook for banking and capital markets to 2021 Nearly half of bank respondents said their institutions are considering real time interactions with bank staff via smart ATMs There is no doubt that bank outlets remain indispensable in the digital transformation journey of banks However banks are supposed to re examine the position of offline outlets In the future branches will act as face to face F2F channels and customer experience centers where customers handle complex transactions resolve problems and receive financial advisory services Smart bank branch networks will be the key for banks to achieve this goal and support the digital strategies of commercial banks The traditional branch connection solution makes it difficult for banks to digitally upgrade Who is Mr Right for this situation However traditional bank branch network architectures are no longer sufficient to support or even make it difficult to upgrade digital branches First the cost of traditional WAN solutions for connecting branch offices is too high With the promotion of digitization the demand for real time data transmission of transactions services and financial files in bank branches has skyrocketed as has the demand for high quality digital offices and video voice within branches However most banks traditionally rely on multi protocol label switching MPLS to implement network connections between head offices and branches as well as between branches However the cost of building MPLS links is too high Most banks are hesitant at such a high cost This becomes an obstacle for the establishment of smart branches of banks Traditional solutions also do not meet the requirements of banking agility and flexibility Previously building configuring and commissioning a network in a new bank branch could take weeks or even months Also many services that should have been available to clients if there was a strong network cannot be provided in some areas due to a lack of professional staff As a result traditional solutions become an impediment to the agility requirements of banking in the digital age In addition the low efficiency of operation and maintenance of the network becomes a critical point for the digital transformation of banks Banks are typical of these situations the network structure is complex and invisible branch locations are scattered and network diagnostics cannot be performed remotely As a result when network problems arise IT technicians must handle them It could take several hours or even days which would be disastrous for the banks operations and lead to significant losses As we can see when the continuity of banking services is threatened by a network problem traditional solutions fail Since the traditional branch connection solution is obsolete in the digital age what is the best solution for digital branch building SD WAN Software Defined Wide Area Network technology is the answer SD WAN as a next generation technology and service can help banks connect their branches and promote smart branch upgrades by building a powerful network based on cost effectiveness agility flexibility scalability security and compliance Absa Bank Kenya partners with Huawei on SD WAN solution to build a new digital foundation for branch networks As the business continues to expand Absa Bank Kenya actively searches for the most suitable network infrastructure We strive to provide our customers with a seamless digital experience We want to enable them to bank and transact smoothly and seamlessly in the comfort of whatever they may be said Moses Okundi CIO of Absa Bank Kenya To realize that the bank needed to build a new infrastructure to improve the efficiency of various banking services reduce operation and maintenance costs and improve the user experience at branches To meet the digital transformation requirements Huawei and Absa Bank Kenya s technical team conducted in depth discussions and surveys Based on the bank s actual requirements and digital strategy as well as Huawei s strong technical reserves and building experience in enterprise networking and financial digital transformation Huawei provided Absa Bank Kenya with a customized NCE based SD WAN solution Campus In addition to the common capabilities of SD WAN this solution comes with other unique advantages including High performance and congestion free forwarding 3 times higher performance in the industry meeting SD WAN development requirements in the coming five years Intelligent application routing ensures user experience for key applications application level intelligent traffic steering 5G plus fiber on demand scheduling A FEC enable 20 video packet loss with no frame freezing or artifacts 3 Automation of the whole process Support multiple ZTP modes including emails USB flash drives etc Network deployment at branch offices can be done in a matter of minutes Branch device application and link status are displayed Capable of centralized management and simplified operation and maintenance Finally Absa Bank Kenya also selected Huawei as its digital transformation partner to build a cloud based network between its headquarters and branches This is a proof that Absa Bank Kenya highly recognizes Huawei s SD WAN solution to meet its digital innovation and service expansion requirements during its digital upgrade Efficient reliable and intelligent O M accelerating the digital transformation of Absa Bank Kenya What does an SD WAN based cloud branch network bring to Absa Kenya We got to a point where we can manage traffic and distribute traffic evenly across multiple technology options or multiple connectivity options from multiple connectivity providers The value of this is that it gives us strong resilience to manage that connectivity adds Okundi In fact in the future Absa Bank Kenya s branch network will have an intelligent traffic direction capability It means that the network can dynamically select MPLS links or Internet links based on the quality of the application and the quality of the MPLS link to ensure that key services use good quality links In addition based on Huawei s proprietary algorithm support even if the Internet link quality is not that good the communication quality can still be guaranteed which means that MPLS has a cost effective alternative In addition Huawei provides the iMaster NCE Campus O M platform for Absa Kenya which can display key O M quality of devices applications and traffic This platform can visualize the application traffic of all branches and thus enables the IT team to monitor dynamic data and adjust the bandwidth of each branch in a timely manner This provides efficient and intelligent operations as Okundi explains For my technology team we now have a very good level of visibility into usage from the connectivity partners we ve contracted with We can see where the usage is and how the traffic is distributes And in the worst cases where manual intervention is required our team can identify the challenges making their intervention very precise and efficient These are just the tip of the iceberg in terms of the benefits provided by SD WAN Absa Bank Kenya s cloud based intelligent branch network will serve as a critical foundation for the financial giant s digital transformation As Okundi puts it I look at it like Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to really deliver cutting edge digital solutions to our customers And right at the bottom layer is strong connectivity In the future this powerful branch network will further promote Absa Bank s smart upgrading and eventually help them evolve into smart customer experience centers This digital foundation will continue to support Absa Bank Kenya s business expansion and innovation to deliver the best and more advanced financial services to Kenyan customers and businesses
    Absa Bank Kenya partners with Huawei to build a new digital foundation for branch networks
    Africa6 days ago

    Absa Bank Kenya partners with Huawei to build a new digital foundation for branch networks

    “I see it as Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to deliver cutting-edge digital solutions to our customers.

    A strong and resilient network reliably connects all elements of the platform.” - Moses Okundi, CIO of Absa Kenya Who is Absa Bank Kenya?

    Absa Bank Kenya is listed on the Nairobi Stock Exchange and is one of the leading financial institutions in Kenya.

    Established in 1916, the bank has been a major player in Kenya's financial landscape, involved in personal and corporate banking, business, credit cards and bancassurance.

    In line with the bank's purpose of bringing possibility to life, the bank offers comprehensive financial solutions to retail, business and corporate clients, and its regional and global presence enables it to offer leading-edge financial solutions to its clients.

    The bank is a leader in the credit card space.

    It has also been associated with a number of market firsts, such as the launch of the first ATM, Sharia-compliant banking, and unsecured loans.

    Absa Bank Kenya is part of the Absa Group, one of the continent's largest financial services institutions with a presence in 12 African markets and a global scale with offices in London and New York. In Kenya, Absa is present in 38 counties.

    It has 83 branches, 212 ATMs and a robust Internet and mobile banking platform.

    Facing changing customer needs in recent years, Absa Bank sees "digital enablement" as one of the company's key strategies.

    While accelerating business innovation, Absa works closely with partners to accelerate digital transformation, deliver high-quality and convenient innovative services for employees and customers, and further enable the creation of a digital Africa.

    Bank outlets reconsider their positioning as epidemics and digital technologies affect the financial industry In recent years, the epidemic and digital technologies have continuously affected traditional commercial banks.

    The diversified requirements of banking users and the physical isolation caused by the COVID-19 epidemic have accelerated the digital transformation of commercial banks.

    As a result, "mobile first" has become a mainstream theme in the industry.

    More and more banks see "mobile money" as the essential route to digital transformation.

    As consumers embrace mobile banking, digital channels are absorbing many traditional banking transactions.

    As a result, the customer footprint at bank outlets begins to shrink, leading to the closure of many outlets.

    However, bank outlets remain an important channel for serving customers.

    According to a June 2020 McKinsey study: "The branch approach will evolve to help customers with their complex needs."

    In another Deloitte study of the outlook for banking and capital markets to 2021, "Nearly half of bank respondents said their institutions are considering real-time interactions with bank staff via smart ATMs. ."

    There is no doubt that bank outlets remain indispensable.

    in the digital transformation journey of banks.

    However, banks are supposed to re-examine the position of offline outlets.

    In the future, branches will act as face-to-face (F2F) channels and customer experience centers where customers handle complex transactions, resolve problems and receive financial advisory services.

    Smart bank branch networks will be the key for banks to achieve this goal and support the digital strategies of commercial banks.

    The traditional branch connection solution makes it difficult for banks to digitally upgrade.

    Who is “Mr. Right” for this situation?

    However, traditional bank branch network architectures are no longer sufficient to support or even make it difficult to upgrade digital branches.

    First, the cost of traditional WAN solutions for connecting branch offices is too high.

    With the promotion of digitization, the demand for real-time data transmission of transactions, services and financial files in bank branches has skyrocketed, as has the demand for high-quality digital offices and video/voice within branches.

    However, most banks traditionally rely on multi-protocol label switching (MPLS) to implement network connections between head offices and branches, as well as between branches.

    However, the cost of building MPLS links is too high.

    Most banks are hesitant at such a high cost.

    This becomes an obstacle for the establishment of smart branches of banks.

    Traditional solutions also do not meet the requirements of banking agility and flexibility.

    Previously, building, configuring and commissioning a network in a new bank branch could take weeks or even months.

    Also, many services that should have been available to clients if there was a strong network cannot be provided in some areas due to a lack of professional staff.

    As a result, traditional solutions become an impediment to the agility requirements of banking in the digital age.

    In addition, the low efficiency of operation and maintenance of the network becomes a critical point for the digital transformation of banks.

    Banks are typical of these situations: the network structure is complex and invisible, branch locations are scattered, and network diagnostics cannot be performed remotely.

    As a result, when network problems arise, IT technicians must handle them.

    It could take several hours or even days, which would be disastrous for the banks' operations and lead to significant losses.

    As we can see, when the continuity of banking services is threatened by a network problem, traditional solutions fail.

    Since the traditional branch connection solution is obsolete in the digital age, what is the best solution for digital branch building?

    SD-WAN (Software Defined Wide Area Network) technology is the answer.

    SD-WAN, as a next-generation technology and service, can help banks connect their branches and promote smart branch upgrades by building a powerful network based on cost effectiveness, agility, flexibility, scalability, security and compliance.

    Absa Bank Kenya partners with Huawei on SD-WAN solution to build a new digital foundation for branch networks As the business continues to expand, Absa Bank Kenya actively searches for the most suitable network infrastructure.

    “We strive to provide our customers with a seamless digital experience.

    We want to enable them to bank and transact smoothly and seamlessly in the comfort of whatever they may be,” said Moses Okundi, CIO of Absa Bank Kenya.

    To realize that, the bank needed to build a new infrastructure to improve the efficiency of various banking services, reduce operation and maintenance costs, and improve the user experience at branches.

    To meet the digital transformation requirements, Huawei and Absa Bank Kenya's technical team conducted in-depth discussions and surveys.

    Based on the bank's actual requirements and digital strategy, as well as Huawei's strong technical reserves and building experience in enterprise networking and financial digital transformation, Huawei provided Absa Bank Kenya with a customized NCE-based SD-WAN solution.

    Campus.

    In addition to the common capabilities of SD-WAN, this solution comes with other unique advantages including: High performance and congestion-free forwarding: 3 times higher performance in the industry, meeting SD-WAN development requirements in the coming five years; Intelligent application routing ensures user experience for key applications: application-level intelligent traffic steering + 5G plus fiber on-demand scheduling + A-FEC enable 20% video packet loss with no frame freezing or artifacts .

    3) Automation of the whole process: Support multiple ZTP modes, including emails, USB flash drives, etc.

    Network deployment at branch offices can be done in a matter of minutes.

    Branch, device, application, and link status are displayed.

    Capable of centralized management and simplified operation and maintenance.

    Finally, Absa Bank Kenya also selected Huawei as its digital transformation partner to build a cloud-based network between its headquarters and branches.

    This is a proof that Absa Bank Kenya highly recognizes Huawei's SD-WAN solution to meet its digital innovation and service expansion requirements during its digital upgrade.

    Efficient, reliable and intelligent O&M, accelerating the digital transformation of Absa Bank Kenya.

    What does an SD-WAN based cloud branch network bring to Absa Kenya?

    "We got to a point where we can manage traffic and distribute traffic evenly across multiple technology options or multiple connectivity options from multiple connectivity providers.

    The value of this is that it gives us strong resilience to manage that connectivity," adds Okundi.

    In fact, in the future, Absa Bank Kenya's branch network will have an intelligent traffic direction capability.

    It means that the network can dynamically select MPLS links or Internet links based on the quality of the application and the quality of the MPLS link, to ensure that key services use good quality links.

    In addition, based on Huawei's proprietary algorithm support, even if the Internet link quality is not that good, the communication quality can still be guaranteed, which means that MPLS has a cost-effective alternative.

    In addition, Huawei provides the iMaster NCE-Campus O&M platform for Absa Kenya, which can display key O&M quality of devices, applications, and traffic.

    This platform can visualize the application traffic of all branches and thus enables the IT team to monitor dynamic data and adjust the bandwidth of each branch in a timely manner.

    This provides efficient and intelligent operations, as Okundi explains: "For my technology team, we now have a very good level of visibility into usage from the connectivity partners we've contracted with.

    We can see where the usage is and how the traffic is distributes And in the worst cases where manual intervention is required, our team can identify the challenges, making their intervention very precise and efficient.” These are just the tip of the iceberg in terms of the benefits provided by SD-WAN.

    Absa Bank Kenya's cloud-based intelligent branch network will serve as a critical foundation for the financial giant's digital transformation.

    As Okundi puts it: "I look at it like Lego blocks where the bottom layer is a strong technology foundation that gives us a platform to really deliver cutting-edge digital solutions to our customers.

    And right at the bottom layer is strong connectivity."

    In the future, this powerful branch network will further promote Absa Bank's smart upgrading and eventually help them evolve into smart customer experience centers.This digital foundation will continue to support Absa Bank Kenya's business expansion and innovation to deliver the best and more advanced financial services to Kenyan customers and businesses.

  •  The Federal Government on Friday unveiled the Nigeria Cooling Action Plan N CAP to promote sustainable and affordable access to cooling system The Minister of Environment Mr Mohammed Abdullahi while unveiling the N CAP at the commemoration of World Ozone Day WOD in Abuja said the objective of N CAP was to deliver the global environment agenda The minister was represented by Mr Charles Ikea Director Pollution and Environmental Health of the ministry Abdullahi said that the WOD is an annual event that commemorates the date of the signing of the Montreal Protocol MP on substances that deplete the Ozone layer in 1987 He said the Montreal Protocol has continued to provide a platform for more than 198 countries to work together to phase out Ozone Depleting Substances ODS so as to protect the Ozone layer Abdullahi said that the protocol was the most successful environmental agreement to date with universal ratification The minister said that the theme for the 2022 WOD is Montreal Protocol at 35 Global Cooperation Protecting life on Earth Abdullahi said that the theme highlighted the protocol s positive impact on the Ozone layer He explained that Nigeria signed the Protocol in 1988 and subsequently ratified all its related amendments to further protect the climate Abdullahi said the ministry with United Nations Development UNDP United Nations Industrialisation Development Organisation UNIDO had been implementing the phase out programme in Nigeria According to him in order to ensure the operationalisation of the N CAP being unveiled an implementation plan is developed and agreed by stakeholders The Plan includes the strategies to be adopted activities or actions to ensure the success of these strategies the responsible parties and timeline A major strategy of the N CAP that will support the transformation of the market of inefficient cooling appliances to more efficient ones is the rebate scheme This is where a large number of energy efficient cooling appliances need to be procured and exchanged with obsolete and inefficient ones at a subsidised price Abdullahi said The minister said that the scheme would require adequate funding urging financial institutions to co operate and support the ministry He said cooperation of banks would also be needed in the procurement of efficient air conditioners that met the level of the air condition of the Minimum Energy Performance Standards MEPS This is recommended in the N CAP or even higher These efficient air conditioners can be installed in bank s ATM rooms and other spaces within the banking hall Abdullahi said He called on other development partners to support the government in the implementation of the N CAP by providing additional funding for the rebate scheme In the hospitality sector we also seek the co operation of hotels to procure efficient cooling appliances within the level of the MEPS recommended in the N CAP As for the agricultural sector the N CAP will play a key role in the efficient preservation of food thereby preventing food through a sustainable and efficient cold chain infrastructure In this food will be transported from the farms to retail outlets at a favourable temperature that will prevent food spoilage This will hopefully reduce contact between farmers and herders and prevent their incessant clashes Abdullahi said The Regional Director UNIDO Mr Jean Bakole said that 2022 marked the 35th year of signing the Montreal Protocol on substances that depleted the Ozone layer Bakole who was represented by Dr Osuji Otu National Programme Officer UNIDO said that the world achieved industrial success by discovering and manufacturing cooling gases aerosols for firefighting He said that the manufacturing of the items had created problems for the environment Bakole assured that the UNIDO would continue its commitment toward supporting the government to promote inclusive and sustainable industrialisation development NewsSourceCredit NAN
    World Ozone Day: FG unveils Nigeria’s Cooling Action Plan
     The Federal Government on Friday unveiled the Nigeria Cooling Action Plan N CAP to promote sustainable and affordable access to cooling system The Minister of Environment Mr Mohammed Abdullahi while unveiling the N CAP at the commemoration of World Ozone Day WOD in Abuja said the objective of N CAP was to deliver the global environment agenda The minister was represented by Mr Charles Ikea Director Pollution and Environmental Health of the ministry Abdullahi said that the WOD is an annual event that commemorates the date of the signing of the Montreal Protocol MP on substances that deplete the Ozone layer in 1987 He said the Montreal Protocol has continued to provide a platform for more than 198 countries to work together to phase out Ozone Depleting Substances ODS so as to protect the Ozone layer Abdullahi said that the protocol was the most successful environmental agreement to date with universal ratification The minister said that the theme for the 2022 WOD is Montreal Protocol at 35 Global Cooperation Protecting life on Earth Abdullahi said that the theme highlighted the protocol s positive impact on the Ozone layer He explained that Nigeria signed the Protocol in 1988 and subsequently ratified all its related amendments to further protect the climate Abdullahi said the ministry with United Nations Development UNDP United Nations Industrialisation Development Organisation UNIDO had been implementing the phase out programme in Nigeria According to him in order to ensure the operationalisation of the N CAP being unveiled an implementation plan is developed and agreed by stakeholders The Plan includes the strategies to be adopted activities or actions to ensure the success of these strategies the responsible parties and timeline A major strategy of the N CAP that will support the transformation of the market of inefficient cooling appliances to more efficient ones is the rebate scheme This is where a large number of energy efficient cooling appliances need to be procured and exchanged with obsolete and inefficient ones at a subsidised price Abdullahi said The minister said that the scheme would require adequate funding urging financial institutions to co operate and support the ministry He said cooperation of banks would also be needed in the procurement of efficient air conditioners that met the level of the air condition of the Minimum Energy Performance Standards MEPS This is recommended in the N CAP or even higher These efficient air conditioners can be installed in bank s ATM rooms and other spaces within the banking hall Abdullahi said He called on other development partners to support the government in the implementation of the N CAP by providing additional funding for the rebate scheme In the hospitality sector we also seek the co operation of hotels to procure efficient cooling appliances within the level of the MEPS recommended in the N CAP As for the agricultural sector the N CAP will play a key role in the efficient preservation of food thereby preventing food through a sustainable and efficient cold chain infrastructure In this food will be transported from the farms to retail outlets at a favourable temperature that will prevent food spoilage This will hopefully reduce contact between farmers and herders and prevent their incessant clashes Abdullahi said The Regional Director UNIDO Mr Jean Bakole said that 2022 marked the 35th year of signing the Montreal Protocol on substances that depleted the Ozone layer Bakole who was represented by Dr Osuji Otu National Programme Officer UNIDO said that the world achieved industrial success by discovering and manufacturing cooling gases aerosols for firefighting He said that the manufacturing of the items had created problems for the environment Bakole assured that the UNIDO would continue its commitment toward supporting the government to promote inclusive and sustainable industrialisation development NewsSourceCredit NAN
    World Ozone Day: FG unveils Nigeria’s Cooling Action Plan
    Environment3 weeks ago

    World Ozone Day: FG unveils Nigeria’s Cooling Action Plan

    The Federal Government on Friday unveiled the Nigeria Cooling Action Plan (N-CAP), to promote sustainable and affordable access to cooling system.

    The Minister of Environment, Mr Mohammed Abdullahi, while unveiling the N-CAP at the commemoration of World Ozone Day (WOD) in Abuja, said the objective of N-CAP was to deliver the global environment agenda.

    The minister was represented by Mr Charles Ikea, Director, Pollution and Environmental Health of the ministry.

    Abdullahi said that the WOD is an annual event that commemorates the date of the signing of the Montreal Protocol (MP) on substances that deplete the Ozone layer in 1987. He said the Montreal Protocol has continued to provide a platform for more than 198 countries to work together to phase out Ozone Depleting Substances (ODS), so as to protect the Ozone layer.

    Abdullahi said that the protocol was the most successful environmental agreement to date, with universal ratification.

    The minister said that the theme for the 2022 WOD is “Montreal Protocol at 35: Global Cooperation Protecting life on Earth”.

    Abdullahi said that the theme highlighted the protocol’s positive impact on the Ozone layer.

    He explained that Nigeria signed the Protocol in 1988 and subsequently ratified all its related amendments, to further protect the climate.

    Abdullahi said the ministry, with United Nations Development (UNDP), United Nations Industrialisation Development Organisation (UNIDO), had been implementing the phase – out programme in Nigeria.

    According to him, in order to ensure the operationalisation of the N-CAP being unveiled, an implementation plan is developed and agreed by stakeholders.

    “The Plan includes the strategies to be adopted, activities or actions to ensure the success of these strategies, the responsible parties and timeline.

    “A major strategy of the N-CAP that will support the transformation of the market of inefficient cooling appliances to more efficient ones, is the rebate scheme.

    “This is where a large number of energy efficient cooling appliances need to be procured and exchanged with obsolete and inefficient ones at a subsidised price,’’ Abdullahi said.

    The minister said that the scheme would require adequate funding, urging financial institutions to co-operate and support the ministry.

    He said cooperation of banks would also be needed in the procurement of efficient air conditioners that met the level of the air condition of the Minimum Energy Performance Standards (MEPS).

    “This is recommended in the N-CAP or even higher.

    These efficient air conditioners can be installed in bank`s ATM rooms and other spaces within the banking hall,’’ Abdullahi said.

    He called on other development partners to support the government in the implementation of the N-CAP by providing additional funding for the rebate scheme.

    “In the hospitality sector, we also seek the co-operation of hotels to procure efficient cooling appliances, within the level of the MEPS recommended in the N-CAP.

    “As for the agricultural sector, the N-CAP will play a key role in the efficient preservation of food, thereby, preventing food , through a sustainable and efficient cold chain infrastructure.

    “In this, food will be transported from the farms to retail outlets at a favourable temperature that will prevent food spoilage.

    “This will hopefully reduce contact between farmers and herders and prevent their incessant clashes,’’ Abdullahi said.

    The Regional Director, UNIDO, Mr Jean Bakole, said that 2022 marked the 35th year of signing the Montreal Protocol on substances that depleted the Ozone layer.

    Bakole, who was represented by Dr Osuji Otu, National Programme Officer, UNIDO, said that the world achieved industrial success by discovering and manufacturing cooling gases, aerosols for firefighting.

    He said that the manufacturing of the items had created problems for the environment.

    Bakole assured that the UNIDO would continue its commitment toward supporting the government to promote inclusive and sustainable industrialisation development.


    NewsSourceCredit: NAN

  •  Sen Adetokunbo Abiru Lagos East has facilitated N300 million constituency intervention revolving loan interest rate of six per cent for 1000 Micro Small and Medium Enterprises MSMEs in the district Abiru the Chairman Senate Committee on Industries made this known at the formal unveiling of the loan to 1000 beneficiaries in Lagos on Thursday The News Agency of Nigeria reports that the Lagos East senatorial zone consists of five Local Government Areas namely Epe Ikorodu Somolu Kosofe and Ibeju Lekki Abiru noted that the loan facility was in furtherance of his commitment to the improvement of the economic lives and empowerment of the people The lawmaker said the economic empowerment would go a long way in reducing unemployment and eradicating poverty Sen Tokunbo Abiru He said The MSMEs play important roles in the economic development process and this reality is acknowledged globally They play crucial roles in job creation income redistribution mobilisation of small savings technology adaptation economic inclusion and many more In Nigeria the MSMEs account for about 50 per cent of our Gross Domestic Product and over 80 per cent of employment and have footprints across all sectors of our economy Therefore they offer good channels for the realisation of development objectives of job creation economic inclusion and poverty reduction Abiru said the constituency intervention revolving loan for MSMEs would go a long way in bringing succour to their numerous small businesses in the Lagos East district He urged the beneficiaries to make use of the loan to empower themselves and repay it at the stipulated period of one year adding that the fund was not a free money to them The senator said the Small and Medium Enterprise Development Agency of Nigeria SMEDAN the Bank of Industry BoI and the Lagos State Employment Trust Fund LSETF contributed N100 million each to the N300 million loan Abiru said applicants must provide a recent tax clearance certificate LASRRA ID Bank Account details BVN NIN evidence of training with a recognised enterprise development centre ATM card The Governor of Lagos State Mr Babajide Sanwo Olu commended Abiru for facilitating the constituency intervention loan at a modest rate of six per cent This he said had contributed to ameliorating one of the key challenges militating against MSMEs thriving to their full potential especially during the period of recovery from the impact of COVID 19 pandemic on small businesses Sanwo Olu represented by his Deputy Chief of Staff Mr Gboyega Sayannwo noted that the initiative also recognised the role of MSMEs play in driving economic growth and creating employment opportunities in all sectors of the economy He said At the state level we recognise the critical role and contribution of MSMEs and the need to give them every support This is to overcome whatever challenges they may be experiencing especially in the areas of access to finance and capacity building The Director General of BoI Mr Kayode Pitan urged the beneficiaries to use the fund to trade and endeavour to pay back in good time so the cycle could remain unbroken Pitan said the BoI remained an advocate for poverty reduction and job creation for the youths NAN reports that present at the unveiling were party chieftains women leaders market leaders traditional leaders youth leaders and House of Assembly members in the senatorial district NewsSourceCredit NAN
    Sen. Abiru supports 1,000 MSMEs with N300m loan in Lagos East
     Sen Adetokunbo Abiru Lagos East has facilitated N300 million constituency intervention revolving loan interest rate of six per cent for 1000 Micro Small and Medium Enterprises MSMEs in the district Abiru the Chairman Senate Committee on Industries made this known at the formal unveiling of the loan to 1000 beneficiaries in Lagos on Thursday The News Agency of Nigeria reports that the Lagos East senatorial zone consists of five Local Government Areas namely Epe Ikorodu Somolu Kosofe and Ibeju Lekki Abiru noted that the loan facility was in furtherance of his commitment to the improvement of the economic lives and empowerment of the people The lawmaker said the economic empowerment would go a long way in reducing unemployment and eradicating poverty Sen Tokunbo Abiru He said The MSMEs play important roles in the economic development process and this reality is acknowledged globally They play crucial roles in job creation income redistribution mobilisation of small savings technology adaptation economic inclusion and many more In Nigeria the MSMEs account for about 50 per cent of our Gross Domestic Product and over 80 per cent of employment and have footprints across all sectors of our economy Therefore they offer good channels for the realisation of development objectives of job creation economic inclusion and poverty reduction Abiru said the constituency intervention revolving loan for MSMEs would go a long way in bringing succour to their numerous small businesses in the Lagos East district He urged the beneficiaries to make use of the loan to empower themselves and repay it at the stipulated period of one year adding that the fund was not a free money to them The senator said the Small and Medium Enterprise Development Agency of Nigeria SMEDAN the Bank of Industry BoI and the Lagos State Employment Trust Fund LSETF contributed N100 million each to the N300 million loan Abiru said applicants must provide a recent tax clearance certificate LASRRA ID Bank Account details BVN NIN evidence of training with a recognised enterprise development centre ATM card The Governor of Lagos State Mr Babajide Sanwo Olu commended Abiru for facilitating the constituency intervention loan at a modest rate of six per cent This he said had contributed to ameliorating one of the key challenges militating against MSMEs thriving to their full potential especially during the period of recovery from the impact of COVID 19 pandemic on small businesses Sanwo Olu represented by his Deputy Chief of Staff Mr Gboyega Sayannwo noted that the initiative also recognised the role of MSMEs play in driving economic growth and creating employment opportunities in all sectors of the economy He said At the state level we recognise the critical role and contribution of MSMEs and the need to give them every support This is to overcome whatever challenges they may be experiencing especially in the areas of access to finance and capacity building The Director General of BoI Mr Kayode Pitan urged the beneficiaries to use the fund to trade and endeavour to pay back in good time so the cycle could remain unbroken Pitan said the BoI remained an advocate for poverty reduction and job creation for the youths NAN reports that present at the unveiling were party chieftains women leaders market leaders traditional leaders youth leaders and House of Assembly members in the senatorial district NewsSourceCredit NAN
    Sen. Abiru supports 1,000 MSMEs with N300m loan in Lagos East
    General news3 weeks ago

    Sen. Abiru supports 1,000 MSMEs with N300m loan in Lagos East

    Sen. Adetokunbo Abiru (Lagos East) has facilitated N300 million constituency intervention revolving loan interest rate of six per cent for 1000 Micro, Small and Medium Enterprises (MSMEs) in the  district.

    Abiru, the Chairman,  Senate Committee on Industries, made this known at the formal unveiling of the loan to 1000 beneficiaries in Lagos on Thursday.

    The News Agency of Nigeria reports that the Lagos East senatorial zone consists of five Local Government Areas namely, Epe, Ikorodu, Somolu, Kosofe and Ibeju Lekki.

    Abiru noted that the loan facility was in furtherance of his commitment to the improvement of the economic lives and empowerment of the people.

    The lawmaker said the economic empowerment would go a long way in reducing unemployment and eradicating poverty.

    Sen. Tokunbo Abiru He said: “The MSMEs play  important roles in the economic development process, and this reality is acknowledged globally.

    “They play crucial roles in job creation, income redistribution, mobilisation of small savings, technology adaptation, economic inclusion and many more.

    ” In Nigeria, the MSMEs account for about 50 per cent of our Gross Domestic Product and over 80 per cent of employment and have footprints across all sectors of our economy.

    “Therefore, they offer good channels for the realisation of development objectives of job creation, economic inclusion and poverty reduction.

    ” Abiru said the constituency intervention revolving loan for MSMEs would go a long way in bringing succour to their numerous small businesses in the Lagos East district.

    He urged the beneficiaries to make use of the loan to empower themselves and repay it at the stipulated period of one year, adding that the fund was not a free money to them.

    The senator said the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN), the Bank of Industry (BoI) and the Lagos State Employment Trust Fund (LSETF) contributed N100 million each to the N300 million loan.

    Abiru said applicants must provide a recent tax clearance certificate, LASRRA ID, Bank Account details, BVN, NIN, evidence of training with a recognised enterprise development centre, ATM card.

    The Governor of Lagos State, Mr Babajide Sanwo-Olu commended Abiru for facilitating the constituency intervention loan at a modest rate of six per cent.

    This, he said,  had contributed to ameliorating one of the key challenges militating against MSMEs thriving to their full potential,  especially during the period of recovery from the impact of COVID-19 pandemic on small businesses.

    Sanwo-Olu, represented by his Deputy Chief of Staff, Mr Gboyega Sayannwo, noted that the initiative also recognised the role of MSMEs play in driving economic growth and creating employment opportunities in all sectors of the economy.

    He said: “At the state level, we recognise the critical role and contribution of MSMEs and the need to give them every support.

    “This is to overcome whatever challenges they may be experiencing,  especially in the areas of access to finance and capacity building.

    ” The Director General of BoI, Mr Kayode Pitan, urged the beneficiaries to use the fund to trade and endeavour to pay back in good time so the cycle could remain unbroken.

    Pitan said the BoI remained an advocate for poverty reduction and job creation for the youths.

    NAN reports that present at the unveiling were party chieftains, women leaders, market leaders, traditional leaders, youth leaders and House of Assembly members in the senatorial district.


    NewsSourceCredit: NAN

  •  A Kaduna Chief Magistrates Court on Thursday ordered the remand of two mechanics Garba Usman and Moses Peter in a correctional centre over alleged armed robbery The defendants both residents in Ungwan Dosa Kaduna are facing a three count charge of armed robbery unlawful possession of firearms and conspiracy The Magistrate Ibrahim Emmanuel did not take the plea of the defendants Emmanuel directed the prosecution to send the case file to the State Department of Public Prosecution DPP for legal advice He adjourned the case until Sept 30 for hearing Earlier the Prosecution Insp Chidi Leo told the court that the defendants and two others now at large while armed with a locally made cut to size gun robbed Wasiu Hussaini of his motorcycle Leo said they attacked Hussaini and robbed him of his motorcycle and his tecno cell phone worth N45 000 two ATM cards and N25 000 cash The prosecutor said that the defendants were arrested by the police during a stop and search duty along Kawo Kaduna He further said that immediately the police stopped them one of the accomplices on the motorcycle took to his heels while the defendants were apprehended Baba said the offence contravenes the provisions of Sections 59 241 and 283 of the Kaduna State Penal Code 2017 NewsSourceCredit NAN
    Court remands two mechanics over alleged armed robbery
     A Kaduna Chief Magistrates Court on Thursday ordered the remand of two mechanics Garba Usman and Moses Peter in a correctional centre over alleged armed robbery The defendants both residents in Ungwan Dosa Kaduna are facing a three count charge of armed robbery unlawful possession of firearms and conspiracy The Magistrate Ibrahim Emmanuel did not take the plea of the defendants Emmanuel directed the prosecution to send the case file to the State Department of Public Prosecution DPP for legal advice He adjourned the case until Sept 30 for hearing Earlier the Prosecution Insp Chidi Leo told the court that the defendants and two others now at large while armed with a locally made cut to size gun robbed Wasiu Hussaini of his motorcycle Leo said they attacked Hussaini and robbed him of his motorcycle and his tecno cell phone worth N45 000 two ATM cards and N25 000 cash The prosecutor said that the defendants were arrested by the police during a stop and search duty along Kawo Kaduna He further said that immediately the police stopped them one of the accomplices on the motorcycle took to his heels while the defendants were apprehended Baba said the offence contravenes the provisions of Sections 59 241 and 283 of the Kaduna State Penal Code 2017 NewsSourceCredit NAN
    Court remands two mechanics over alleged armed robbery
    General news3 weeks ago

    Court remands two mechanics over alleged armed robbery

    A Kaduna Chief Magistrates’ Court on Thursday ordered the remand of two mechanics Garba Usman and Moses Peter, in a correctional centre over alleged armed robbery.

    The defendants both residents in Ungwan Dosa, Kaduna, are facing a three-count charge of armed robbery, unlawful possession of firearms and conspiracy.

    The Magistrate, Ibrahim Emmanuel, did not take the plea of the defendants.

    Emmanuel directed the prosecution to send the case file to the State Department of Public Prosecution (DPP) for legal advice.

    He adjourned the case until Sept. 30 for hearing.

    Earlier, the Prosecution, Insp. Chidi Leo, told the court that the defendants and two others now at large, while armed with a locally-made cut-to-size gun, robbed Wasiu Hussaini of his motorcycle.

    Leo said they attacked Hussaini and robbed him of his motorcycle and his tecno cell phone worth N45, 000, two ATM cards and N25, 000 cash.

    The prosecutor said that the defendants were arrested by the police during a stop and search duty along Kawo, Kaduna.

    He further said that immediately the police stopped them, one of the accomplices on the motorcycle took to his heels, while the defendants were apprehended.

    Baba said the offence contravenes the provisions of Sections 59, 241 and 283 of the Kaduna State Penal Code, 2017.
    NewsSourceCredit: NAN

  •  The Federal Government has formally launched the Government Enterprise Empowerment Programme GEEP 2 0 in Imo to assist the poor The Minister of Humanitarian Affairs Disaster Management and Social Development Sadiya Umar Farouq inaugurated the national phase of the programme in Owerri on Saturday The News Agency of Nigeria reports that the major highlight of the event was the minister s presentation of cheques for interest free loans to selected beneficiaries of the programme in Imo They included some peasant farmers and petty business women In a speech Farouq said that the initiative was in line with President Muhammadu Buhari s commitment to fight poverty and its devastating impact from all angles According to her GEEP is a programme designed by the present administration to create further opportunities for the poor vulnerable and low income Nigerians She said that the targeted beneficiaries were mainly those involved in viable informal productive activities with limited financial requirements but never had access to loans from the formal financial sector It is meant to give priority to the most vulnerable in our society like widows youth persons with disabilities and the internally displaced persons amongst others she said She said that at least 4 144 beneficiaries were selected from across the 27 Local Government Areas of Imo The minister also said that the process of their selection was transparent adding that the beneficiaries were verifiable These beneficiaries now have bank accounts They have been given ATM cards and are currently being enumerated All these are our deliberate efforts to enhance financial inclusivity of our poor in a sustainable manner Farouq said She further said that the GEEP roll out which heralded a launch and disbursement of loans in all the states was a consolidation of the National Social Investment Programme This programme is being implemented in close partnership with the State Government and this effort is a clear demonstration of our collective commitment to address poverty which is the core developmental challenge confronting us as a people she further said NAN reports that GEEP 2 0 has three unique products including Tradermoni loan of N50 000 meant to uplift the under privileged and marginalised youths between the ages of 18 and 40 years The second is MarketMoni loan also of N50 000 for the under privileged and marginalised women like widows divorcees and other vulnerable groups The third is FarmerMoni loan of between N50 000 and N300 000 designed for small scale farmers in the communities to improve their productivity and inclusion into commercial farming In a remark Gov Hope Uzodimma pledged the Imo Government s readiness to play a complimentary role toward the success of the programme I have seen that Federal Government alone cannot get to you people without the support of the State and Local Governments That is why I have pleaded that more Imo people should benefit from the programme The minister has graciously approved that more Imo people would benefit Uzodimma said He further described the home grown feeding programme as one of the best inititiatives of the Federal Government That is why I want all our parents to pick interest knowing that your children will eat when they go to school Pick interest in how the food is prepared and served he said The governor said that the Federal Government s gesture had proved that promises could be made and fulfilled in politics He recalled that in 2021 his administration gave N250 000 each to 15 000 youths in the state He promised that the figure would be increased before the end of the year The governor who commended Buhari for his interest in the masses urged the beneficiaries to utilise the loans judiciously to meet the expected economic impacts NewsSourceCredit NAN
    FG launches national GEEP 2.0 in Imo
     The Federal Government has formally launched the Government Enterprise Empowerment Programme GEEP 2 0 in Imo to assist the poor The Minister of Humanitarian Affairs Disaster Management and Social Development Sadiya Umar Farouq inaugurated the national phase of the programme in Owerri on Saturday The News Agency of Nigeria reports that the major highlight of the event was the minister s presentation of cheques for interest free loans to selected beneficiaries of the programme in Imo They included some peasant farmers and petty business women In a speech Farouq said that the initiative was in line with President Muhammadu Buhari s commitment to fight poverty and its devastating impact from all angles According to her GEEP is a programme designed by the present administration to create further opportunities for the poor vulnerable and low income Nigerians She said that the targeted beneficiaries were mainly those involved in viable informal productive activities with limited financial requirements but never had access to loans from the formal financial sector It is meant to give priority to the most vulnerable in our society like widows youth persons with disabilities and the internally displaced persons amongst others she said She said that at least 4 144 beneficiaries were selected from across the 27 Local Government Areas of Imo The minister also said that the process of their selection was transparent adding that the beneficiaries were verifiable These beneficiaries now have bank accounts They have been given ATM cards and are currently being enumerated All these are our deliberate efforts to enhance financial inclusivity of our poor in a sustainable manner Farouq said She further said that the GEEP roll out which heralded a launch and disbursement of loans in all the states was a consolidation of the National Social Investment Programme This programme is being implemented in close partnership with the State Government and this effort is a clear demonstration of our collective commitment to address poverty which is the core developmental challenge confronting us as a people she further said NAN reports that GEEP 2 0 has three unique products including Tradermoni loan of N50 000 meant to uplift the under privileged and marginalised youths between the ages of 18 and 40 years The second is MarketMoni loan also of N50 000 for the under privileged and marginalised women like widows divorcees and other vulnerable groups The third is FarmerMoni loan of between N50 000 and N300 000 designed for small scale farmers in the communities to improve their productivity and inclusion into commercial farming In a remark Gov Hope Uzodimma pledged the Imo Government s readiness to play a complimentary role toward the success of the programme I have seen that Federal Government alone cannot get to you people without the support of the State and Local Governments That is why I have pleaded that more Imo people should benefit from the programme The minister has graciously approved that more Imo people would benefit Uzodimma said He further described the home grown feeding programme as one of the best inititiatives of the Federal Government That is why I want all our parents to pick interest knowing that your children will eat when they go to school Pick interest in how the food is prepared and served he said The governor said that the Federal Government s gesture had proved that promises could be made and fulfilled in politics He recalled that in 2021 his administration gave N250 000 each to 15 000 youths in the state He promised that the figure would be increased before the end of the year The governor who commended Buhari for his interest in the masses urged the beneficiaries to utilise the loans judiciously to meet the expected economic impacts NewsSourceCredit NAN
    FG launches national GEEP 2.0 in Imo
    Economy4 weeks ago

    FG launches national GEEP 2.0 in Imo

    The Federal Government has formally launched the Government Enterprise Empowerment Programme (GEEP 2.0) in Imo to assist the poor.

    The Minister of Humanitarian Affairs, Disaster Management and Social Development, Sadiya Umar Farouq, inaugurated the national phase of the programme in Owerri on Saturday.

    The News Agency of Nigeria reports that the major highlight of the event was the minister’s presentation of cheques for interest-free loans to selected beneficiaries of the programme in Imo. They included some peasant farmers and petty business women.

    In a speech, Farouq said that the initiative was in line with President Muhammadu Buhari’s commitment to fight poverty and its devastating impact from all angles.

    According to her, GEEP is a programme designed by the present administration to create further opportunities for the poor, vulnerable and low-income Nigerians.

    She said that the targeted beneficiaries were mainly those involved in viable informal productive activities with limited financial requirements but never had access to loans from the formal financial sector.

    “It is meant to give priority to the most vulnerable in our society, like widows, youth, persons with disabilities and the internally displaced persons, amongst others,” she said.

    She said that at least 4,144 beneficiaries were selected from across the 27 Local Government Areas of Imo .

    The minister also said that the process of their selection was transparent, adding that the beneficiaries were verifiable.

    “These beneficiaries now have bank accounts.

    “They have been given ATM cards and are currently being enumerated.

    “All these are our deliberate efforts to enhance financial inclusivity of our poor in a sustainable manner,” Farouq said.

    She further said that the GEEP roll-out, which heralded a launch and disbursement of loans in all the states, was a consolidation of the National Social Investment Programme.

    “This programme is being implemented in close partnership with the State Government and this effort is a clear demonstration of our collective commitment to address poverty, which is the core developmental challenge confronting us as a people,” she further said.

    NAN reports that GEEP 2.0 has three unique products, including Tradermoni loan of N50,000, meant to uplift the under-privileged and marginalised youths between the ages of 18 and 40 years.

    The second is MarketMoni loan, also of N50,000 for the under-privileged and marginalised women, like widows, divorcees and other vulnerable groups.

    The third is FarmerMoni loan of between N50,000 and N300,000 designed for small scale farmers in the communities to improve their productivity and inclusion into commercial farming.

    In a remark, Gov. Hope Uzodimma pledged the Imo Government’s readiness to play a complimentary role toward the success of the programme.

    “I have seen that Federal Government alone cannot get to you people without the support of the State and Local Governments.

    “That is why I have pleaded that more Imo people should benefit from the programme.

    “The minister has graciously approved that more Imo people would benefit,” Uzodimma said.

    He further described the home-grown feeding programme as one of the best inititiatives of the Federal Government.

    “That is why I want all our parents to pick interest knowing that your children will eat when they go to school.

    “Pick interest in how the food is prepared and served,” he said.

    The governor said that the Federal Government’s gesture had proved that promises could be made and fulfilled in politics.

    He recalled that in 2021, his administration gave N250,000 each to 15,000 youths in the state.

    He promised that the figure would be increased before the end of the year.

    The governor, who commended Buhari for his interest in the masses, urged the beneficiaries to utilise the loans judiciously to meet the expected economic impacts.


    NewsSourceCredit: NAN

  •  Police in Kwara have arrested one Hassan Ibrahim for allegedly killing his 90 year old father Sabi Ibrahim to dispossess him of his ATM card Police spokesman in the state SP Ajayi Okasanmi stated on Thursday in Ilorin that one Aishat Ibrahim reported to the police on Aug 5 that the older Ibrahim missing He added that the sudden disappearance of the 90 year old retired army corporal raised suspicions Investigation into the matter led to the arrest of Hassan a biological son of the missing old man During investigation the suspect confessed to have administered pain killer injection mixed with other substances on his father who became weak and dizzy immediately after This he did after returning from the bank where he took his father to renew his ATM card He took the father on a motorcycle which he borrowed to an isolated uncompleted building and strangulated him to death after the father had collected the new ATM card He thereafter dug a shallow grave where he buried his father after dispossessing him of the ATM card Okasanmi stated The police spokesman added that Hassan thereafter escaped to Kaduna State and started withdrawing from his late father s account He already withdrew N59 000 before he was arrested Okasanmi stated also that Hassan sold the borrowed motorcycle before he escaped to Kaduna where he was arrested The ATM card and the stolen motorcycle have been recovered he stated Hassan will be arraigned after thorough investigation the police spokesman assured nannnews NewsSourceCredit NAN
    Man kills 90-year-old father to collect latter’s bank ATM card
     Police in Kwara have arrested one Hassan Ibrahim for allegedly killing his 90 year old father Sabi Ibrahim to dispossess him of his ATM card Police spokesman in the state SP Ajayi Okasanmi stated on Thursday in Ilorin that one Aishat Ibrahim reported to the police on Aug 5 that the older Ibrahim missing He added that the sudden disappearance of the 90 year old retired army corporal raised suspicions Investigation into the matter led to the arrest of Hassan a biological son of the missing old man During investigation the suspect confessed to have administered pain killer injection mixed with other substances on his father who became weak and dizzy immediately after This he did after returning from the bank where he took his father to renew his ATM card He took the father on a motorcycle which he borrowed to an isolated uncompleted building and strangulated him to death after the father had collected the new ATM card He thereafter dug a shallow grave where he buried his father after dispossessing him of the ATM card Okasanmi stated The police spokesman added that Hassan thereafter escaped to Kaduna State and started withdrawing from his late father s account He already withdrew N59 000 before he was arrested Okasanmi stated also that Hassan sold the borrowed motorcycle before he escaped to Kaduna where he was arrested The ATM card and the stolen motorcycle have been recovered he stated Hassan will be arraigned after thorough investigation the police spokesman assured nannnews NewsSourceCredit NAN
    Man kills 90-year-old father to collect latter’s bank ATM card
    Defence/Security4 weeks ago

    Man kills 90-year-old father to collect latter’s bank ATM card

    Police in Kwara have arrested one Hassan Ibrahim for allegedly killing his 90-year-old father, Sabi Ibrahim, to dispossess him of his ATM card.

    Police spokesman in the state, SP Ajayi Okasanmi stated on Thursday in Ilorin that one Aishat Ibrahim reported to the police on Aug. 5 that the older Ibrahim missing.

    He added that the sudden disappearance of the 90-year-old retired army corporal raised suspicions.

    “Investigation into the matter led to the arrest of Hassan, a biological son of the missing old man.

    “During investigation, the suspect confessed to have administered pain killer injection mixed with other substances on his father, who became weak and dizzy immediately after.

    “This he did after returning from the bank where he took his father to renew his ATM card.

    “He took the father on a motorcycle which he borrowed to an isolated uncompleted building and strangulated him to death after the father had collected the new ATM card.

    “He thereafter dug a shallow grave where he buried his father after dispossessing him of the ATM card,’’ Okasanmi stated.

    The police spokesman added that Hassan thereafter escaped to Kaduna State and started withdrawing from his late father’s account.

    He already withdrew N59,000 before he was arrested.

    Okasanmi stated also that Hassan sold the borrowed motorcycle before he escaped to Kaduna where he was arrested.

    “’The ATM card and the stolen motorcycle have been recovered,’’ he stated.

    Hassan will be arraigned after thorough investigation, the police spokesman assured.

    nannnews.


    NewsSourceCredit: NAN

  •  Because of close agents Kane missed the chance to go to Manchester City Messi almost ended up in jail and so did Ronaldinho This article is about exciting facts that happened in the families of the most popular sports stars of the time If you follow the world of sports and betting you should take a look at reviews written by Bookmaker Ratings like Superbet Review nbsp By the way did you know that Ronaldinho and Anelka suffered because of brothers It s natural when relatives become agents of deserving sportsmen People tend to trust loved ones more but blood ties are no guarantee of better conditions Family members don t always cope best with the legal financial and commercial nuances of an elite football career Moreover in situations where an honest agent is doing his job and collecting a commission the brother in law may make the wrong decision go too far in negotiations be seduced by momentary advantages and thereby damage the player s career nbsp In the summer of 1999 Arsenal s young French goal scorer Nicolas Anelka demanded a move to Real Madrid from the London management Neither the persuasions of coach Arsene Wenger nor improved contract terms could change the player s mind In his autobiography Nicolas Anelka admitted that his older brothers insisted on the switch and unsettled the striker with stories about how great he was As a result Anelka moved to Madrid for a whopping 26 million at the time but never played for Real Madrid Relatives made good money from the deal and the striker became a nomad He played for Liverpool Chelsea and other big clubs but never stayed anywhere for long nbsp Ronaldinho suffered even more from his brother Throughout his career the Brazilian s agent was his brother Roberto Contracts with Bar a Milan and other top brands brought in around 90 million and it seemed the idle life would go on forever So far in 2018 only 6 has remained in his accounts Roberto s risky investments and Ronaldinho s complete indifference to his finances have led to this result What can you talk about when a footballer at the age of 35 doesn t know how to withdraw money from a ATM His brother s dark deeds plunged the legend to the bottom of the Paraguayan prison whereupon he took his brother out of business nbsp Kane misses chance at City over brother Oezil sacks agent father The biggest danger in a player s association with a relative is that as the fee rises the star s agents begin to put personal gain above that of the client One of the Premier League club s officials told The Athletic a revealing story One day a relative of one of the club s players came into my office and gave a long monologue about the sacrifices he once made for his son s career and how he supported him at every stage of his education And then he said It s time to get something back He threw the footballer s father out of office and ended the negotiations nbsp A similar approach is shown by the father of the famous Neymar The father dreamed of a great career but he didn t have enough talent so he sees his son s rise as the realisation of his own dreams He received 20 million just for his son s contract extension with the Parisians in 2021 The footballer s father has a brutal appetite but it s not a fact that a parent cannot be overwhelmed by money and then the striker himself can suffer The most vivid example of this is Messi nbsp Another father in the role of agent The touching story of Leo signing his first contract with Barcelona on a napkin is in stark contrast to the atmosphere in the courtroom in the footballer s tax evasion case In 2017 Messi was found guilty on all charges by Spanish prosecutors The footballer was given a suspended prison sentence of 21 months and a fine of 2 million Leo s agent and father Jorge who was used to finding simple solutions to complex problems advised Leo to hide his earnings from the Spanish crown Messi Sr s mediocre agent qualities are evident in his attempt to terminate his contract with Barcelona in 2020 but Jorge remembered to activate such an option 2 5 months after the due date As a result the Argentine smouldered for another season at the Camp Nou nbsp These dramatic stories teach us that it s better not to mess with relatives And what do you think
    How relatives framed Messi, Ronaldinho and other stars
     Because of close agents Kane missed the chance to go to Manchester City Messi almost ended up in jail and so did Ronaldinho This article is about exciting facts that happened in the families of the most popular sports stars of the time If you follow the world of sports and betting you should take a look at reviews written by Bookmaker Ratings like Superbet Review nbsp By the way did you know that Ronaldinho and Anelka suffered because of brothers It s natural when relatives become agents of deserving sportsmen People tend to trust loved ones more but blood ties are no guarantee of better conditions Family members don t always cope best with the legal financial and commercial nuances of an elite football career Moreover in situations where an honest agent is doing his job and collecting a commission the brother in law may make the wrong decision go too far in negotiations be seduced by momentary advantages and thereby damage the player s career nbsp In the summer of 1999 Arsenal s young French goal scorer Nicolas Anelka demanded a move to Real Madrid from the London management Neither the persuasions of coach Arsene Wenger nor improved contract terms could change the player s mind In his autobiography Nicolas Anelka admitted that his older brothers insisted on the switch and unsettled the striker with stories about how great he was As a result Anelka moved to Madrid for a whopping 26 million at the time but never played for Real Madrid Relatives made good money from the deal and the striker became a nomad He played for Liverpool Chelsea and other big clubs but never stayed anywhere for long nbsp Ronaldinho suffered even more from his brother Throughout his career the Brazilian s agent was his brother Roberto Contracts with Bar a Milan and other top brands brought in around 90 million and it seemed the idle life would go on forever So far in 2018 only 6 has remained in his accounts Roberto s risky investments and Ronaldinho s complete indifference to his finances have led to this result What can you talk about when a footballer at the age of 35 doesn t know how to withdraw money from a ATM His brother s dark deeds plunged the legend to the bottom of the Paraguayan prison whereupon he took his brother out of business nbsp Kane misses chance at City over brother Oezil sacks agent father The biggest danger in a player s association with a relative is that as the fee rises the star s agents begin to put personal gain above that of the client One of the Premier League club s officials told The Athletic a revealing story One day a relative of one of the club s players came into my office and gave a long monologue about the sacrifices he once made for his son s career and how he supported him at every stage of his education And then he said It s time to get something back He threw the footballer s father out of office and ended the negotiations nbsp A similar approach is shown by the father of the famous Neymar The father dreamed of a great career but he didn t have enough talent so he sees his son s rise as the realisation of his own dreams He received 20 million just for his son s contract extension with the Parisians in 2021 The footballer s father has a brutal appetite but it s not a fact that a parent cannot be overwhelmed by money and then the striker himself can suffer The most vivid example of this is Messi nbsp Another father in the role of agent The touching story of Leo signing his first contract with Barcelona on a napkin is in stark contrast to the atmosphere in the courtroom in the footballer s tax evasion case In 2017 Messi was found guilty on all charges by Spanish prosecutors The footballer was given a suspended prison sentence of 21 months and a fine of 2 million Leo s agent and father Jorge who was used to finding simple solutions to complex problems advised Leo to hide his earnings from the Spanish crown Messi Sr s mediocre agent qualities are evident in his attempt to terminate his contract with Barcelona in 2020 but Jorge remembered to activate such an option 2 5 months after the due date As a result the Argentine smouldered for another season at the Camp Nou nbsp These dramatic stories teach us that it s better not to mess with relatives And what do you think
    How relatives framed Messi, Ronaldinho and other stars
    Features4 weeks ago

    How relatives framed Messi, Ronaldinho and other stars

    Because of close agents, Kane missed the chance to go to Manchester City, Messi almost ended up in jail and so did Ronaldinho! This article is about exciting facts that happened in the families of the most popular sports stars of the time. If you follow the world of sports and betting, you should take a look at reviews written by Bookmaker Ratings, like Superbet Review. By the way, did you know that Ronaldinho and Anelka suffered because of brothers?It's natural when relatives become agents of deserving sportsmen. People tend to trust loved ones more, but blood ties are no guarantee of better conditions. Family members don't always cope best with the legal, financial, and commercial nuances of an elite football career. Moreover, in situations where an honest agent is doing his job and collecting a commission, the brother-in-law may make the wrong decision, go too far in negotiations, be seduced by momentary advantages and thereby damage the player's career. In the summer of 1999, Arsenal's young French goal-scorer Nicolas Anelka demanded a move to Real Madrid from the London management. Neither the persuasions of coach Arsene Wenger nor improved contract terms could change the player's mind. In his autobiography, Nicolas Anelka admitted that his older brothers insisted on the switch and unsettled the striker with stories about how great he was. As a result, Anelka moved to Madrid for a whopping €26 million at the time, but never played for Real Madrid. Relatives made good money from the deal and the striker became a nomad: He played for Liverpool, Chelsea and other big clubs, but never stayed anywhere for long. Ronaldinho suffered even more from his brother. Throughout his career, the Brazilian's agent was his brother Roberto. Contracts with Barça, Milan and other top brands brought in around €90 million and it seemed the idle life would go on forever. So far, in 2018, only €6 has remained in his accounts. Roberto's risky investments and Ronaldinho's complete indifference to his finances have led to this result. What can you talk about when a footballer at the age of 35 doesn't know how to withdraw money from a ATM. His brother's dark deeds plunged the legend to the bottom of the Paraguayan prison, whereupon he took his brother out of business. 

    Kane misses chance at City over brother, Oezil sacks agent father

    The biggest danger in a player's association with a relative is that as the fee rises, the star's agents begin to put personal gain above that of the client. One of the Premier League club's officials told The Athletic a revealing story. "One day a relative of one of the club's players came into my office and gave a long monologue about the sacrifices he once made for his son's career and how he supported him at every stage of his education. And then he said, "It's time to get something back". He threw the footballer's father out of office and ended the negotiations. A similar approach is shown by the father of the famous Neymar. The father dreamed of a great career, but he didn't have enough talent, so he sees his son's rise as the realisation of his own dreams. He received €20 million just for his son's contract extension with the Parisians in 2021. The footballer's father has a brutal appetite, but it's not a fact that a parent cannot be overwhelmed by money, and then the striker himself can suffer. The most vivid example of this is Messi. 

    Another father in the role of agent

    The touching story of Leo signing his first contract with Barcelona on a napkin is in stark contrast to the atmosphere in the courtroom in the footballer's tax evasion case. In 2017, Messi was found guilty on all charges by Spanish prosecutors. The footballer was given a suspended prison sentence of 21 months and a fine of €2 million. Leo's agent and father Jorge, who was used to finding simple solutions to complex problems, advised Leo to hide his earnings from the Spanish crown. Messi Sr's mediocre agent qualities are evident in his attempt to terminate his contract with Barcelona in 2020, but Jorge remembered to activate such an option 2.5 months after the due date. As a result, the Argentine smouldered for another season at the Camp Nou. These dramatic stories teach us that it's better not to mess with relatives. And what do you think?