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Author: Pride Team
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By Alex C The Medical Laboratory Science Council of Nigeria (MLSCN) is collaborating with SystemSpecs, a Nigeria-based Information and Communications Technology firm, to boost the Central Bank of Nigeria’s cashless policy drive. As a result of this development, MLSCN has migrated to the electronic payment system through Remita, a multibank e-payment platform that allows e-payment, e-collections, e-payroll and e-schedule solution developed by SystemSpecs. According to a statement by SystemSpecs, the initiative is part of the firm’s efforts to ease payment processes for corporate organisations and individual members that make payment regularly. It said the migration would enable MLSCN to collect…
By Alex C Skye Bank Plc has introduced a Security Verified Identity Card for members of the National Union of Road Transport Workers (NURTW) as part of measures to build a reliable data base for the association and integrating its members into the financial system. The card, which was unveiled recently is a multi-functional card which includes features like insurance purse, mobile wallet and an identity card, according to a statement by the lender. Skye Bank, which is the lead bank on the project, is working in partnership with other organisations like Globacom, G3 Limited. A few other banks are…
By Alex C The Central Bank of Nigeria has put the volume of transaction on Automated Teller Machines (ATM) in the country at over N1.7trillion as of June 2014. The apex Bank revealed that the number of ATMs increased from 10,727 in 2012 to 15,000 as of June 2014, “with transaction volumes moving from N1.3tn to N1.7tn within the same period.” The CBN however regretted that despite the 15, 000 active and existing ATMs, over 46 percent of Nigerian adults remained unbanked. The bank made these figures known recently at the launch of a mobile money initiative led by Globacom…
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Movies Being Mrs Elliot St. Omoni Oboli, AY, Majid Michel et al. This movie that was shot in Lagos, Asaba and Ekiti was the first ever Nigerian movie to be premiered at the Presidency, with the President and many members of his cabinet in attendance. The movie is a story of love. Though there was so much noise about the cleavage revealing outfit this Actress cum Producer wore to her movie premiere at The Presidency, she actually dusted off the noise when she said she actually thought it was ok. What do I think of the outfit? She can wear…
By Alex C Underwriting firm, Law Union & Rock Insurance plc for the financial years ended December 31, 2013, recorded a profit after tax of N485 million as against a loss of N1.3 billion in 2012, while the profit before tax stood at N459 million as against a loss of N1.1 billion during the same period. Adenike Adeniran, chairman of the company, disclosed this during the firm’s 45th annual general meeting held in Lagos. Notwithstanding, the intimidating challenges and continued economic turbulence globally and Nigeria in particular, the company achieved a gross premium income of N3.7 billion in 2013, as…