I
n a bid to take banking services closer to existing and potential customers, Diamond Bank Plc has introduced the mobile banking truck. The bank described the platform as "a moving branch fortified with the latest technology." ThisDAY Reported The new service tagged 'Diamond-in-Motion', according to a statement, was launched by the Group Managing Director/Chief Executive Officer, Diamond Bank, Dr. Alex Otti, at the bank's head office in Lagos. Under the service, customers can open new accounts, pay bills, save money, use ATM as well as make cash/cheque deposits and withdrawals. Otti described the mobile truck as "a full-fledged bank in motion."
Head Proposition and Liabilities, Diamond Bank, Mr. Olumide Akindele, described the new banking platform as part of the bank's strategy to take banking to the customers, adding that it would afford also them the convenience and opportunity to do transactions with ease. He said the bank planned to acquire about 250 additional units of the mobile banking trucks for nation-wide rollout as part of the strategy to serve the unbanked population Also speaking, Head Information Technology Operations, Diamond Bank, Mr. Steve Obiago, who said the initiative was part of the bank's strategy to drive the Central Bank of Nigeria's (CBN) cashless policy, added that it could be moved anywhere and customers would be able to utilise it in any location. He said the service was done in collaboration with service providers and it could be moved to streets, remote villages and it is fully secured for both those working in it as well as the money in transit. Source: thisdaylive.com
The Federal Government, has approved N6.4 billion for the At the briefing with him were Ministers of FCT, Health, Transport, importation of 13 million smart cards for registration of Nigerians Communications Technology and Ministers of State for Power, Works and Foreign Affairs. under the new identity management system. N13 billion has also been approved by President Jonathan to clear It also approved N4.34 billion for the purchase of two sets of modern debts owed some of Nigeria's foreign missions, according to five-Car Diesel Multiple Units (DMUs) each with the capacity of Minister of State for Foreign Affairs, Mrs Viola Onwuliri. 540 passengers and an additional six 60-seater air-conditioned Onwuliri said she briefed FEC of a landmark diplomatic agreement passenger coaches for intra-city rail mass transit services. between Venezuela and Nigeria to allow transit and 90-day stay for holders of official and diplomatic passports of both countries. This was disclosed at the weekly Federal Executive Council (FEC) briefing recently by Special Adviser to the President on Media and Source: leadership.ng Publicity, Dr. Reuben Abati. company's share capital, comprising 6,897,293,744 ordinary shares of 50 kobo each, and the subsequent issuing of 662,550,000 new and fully paid up ordinary shares to Capcom, constituting 90.5 per cent of the post scheme-reorganised, issued share capital.
A
L
Delivering high-speed bandwidth of 1.92 Tbps, the Main One cable enables access to global information, data and markets in Western Africa. As a member of the Atlantic Private Maintenance Agreement (APMA), Main One will continue to manage and maintain its network at the highest level of performance.
According to a consulting firm Bain & Company, the number of African millionaires is estimated at 120,000, higher than those of Russia which is estimated at around 95,000. The number of “HNWI,” people with more than USD1 million net assets, grew by 4 percent last y e a r, d w a r f i n g A s i a - P a c i f i c r e g i o n ' s 1 . 6 p e r c e n t .
Under the service level agreement, Alcatel-Lucent will make available its maintenance vessels, as well as certified specialist personnel for cable repairs.
LG Electronics' 84-type Ultra HD TV features an Ultra HD (3840x2160) definition, four times clearer than those of full HD (1920×1080). The 84-type Ultra HD TV is also equipped with LG's unique Cinema 3D technology.
G Electronics announced on December 3 that it has released an lcatel-Lucent and Main One Cable Company have 84-type Ultra HD TV in Nigeria, targeting affluent consumers extended their marine maintenance contract for Main in Africa.Given that there are many high-income families in oilOne's submarine cable system connecting Portugal to rich countries in Sub-Saharan Africa, LG Electronics selected Nigeria Nigeria over 7,000 km. as its base to gain a larger share in the African premium TV market.
T
he bid to get a new investor for Starcomms Plc now lie in the hands of its shareholders as the company announced that it has posted to shareholders documentation relating to Capcom Limited's proposed investment in the telecoms company. ThisDay Reported
As part of the transaction, Capcom will inject a combination of assets and cash into Starcomms worth $210 million.
Speaking about the transaction, Interim CEO of Starcomms Plc, Olusola Oladokun, said: "Starcomms has experienced significant challenges over the past two years, at the heart of which have been the changing competitive and operational dynamics of the Nigerian The company said in a statement that the transaction would be telecommunications industry, especially in the voice business. effected through a scheme of arrangement and a private placement, "As a result, the board of directors has been considering a number of both of which had been approved by the board of directors of options to reposition the company for growth. After a careful Starcomms. consideration, we believe that the investment by Capcom, which Starcomms said the scheme had also been filed with and obtained will provide the capital required for continued operations as well as the necessary sanction of the Federal High Court and both are now enabling investment in new technology, combined with the injection of new spectrum and the CDMA assets of Multi-links, creates the subject to approval by Starcomms' shareholders. best possible platform for Starcomm's future. We strongly THISDAY findings revealed that the transaction will be effected recommend - and look forward to - the transaction being approved through a scheme of arrangement to be followed by a private by our Shareholders." placement and a rights issue. Further checks showed that the scheme Source: Thisdaylive.com will involve the cancellation of N3,448,646,872 in the