Zinox Group news archive. Founded by a team of ICT technocrats led by Leo Stan Ekeh, Zinox Technologies Group has flourished into one of the leading ICT ecosystems in Africa. Konga has in recent times turned out to be unsustainable given the difficult business climate that pervaded the Nigerian economy. To join in the contest, entrepreneurs are to post a 1-minute video of themselves explaining how N1 million will boost their businesses. Also speaking at the event, Obaseki emphasised the determination of his administration to leave a lasting legacy in the state through a deliberate focus on technology. Mr. Balogun further reported that, “across the Group, our digital transformation gathered momentum, with the total number of internet banking growing by 43% to 6.6 million. Report this profile ... • Ensure daily stock count for all department and proper updating of stock reconciliation sheet by all branch Internal Auditor. He stated that, “our businesses continue to improve with growth in other key indicators, such as loans and advances 14.9% and total assets 23.4%. Foremost ICT Group, Zinox Group has extended its sphere of dominance in the marketplace, with a major investment in Xputer – a leading and strategic software development and management company based in Ibadan. Although the current wave of digital revolution was birthed by the administration of former President Olusegun Obasanjo, the current administration of President Muhammadu Buhari has also dedicated huge attention to the importance of building a digital economy in Nigeria, especially with the renaming of the Ministry of Communications and the appointment of Dr. Ali Isa Pantami, a digitally-savvy professional to man it.’’. Qatar Airways makes history, completes first longest non-stop flight of 16 hours from Doha to New ... Confusion in Gambia, Jammeh stays put, Barrow to be sworn in at Gambia embassy in Senegal, It's true. We provide secure solutions and services that facilitate convenience and real value for consumers, businesses, governments and other organizations, helping to reduce costs, improve operational efficiency and drive sustainable revenue growth. Interswitch is a leading technology-driven company focused on the digitisation of payments in Nigeria and other countries in Africa. Get the scoops and market intelligence that can helpyou make better investment decisions right in yourmailbox. Be proud of your state and country of birth and the knowledge privileges you are enjoying under Governor Obaseki and continue to pray for good leadership. “We are quite an ambitious team that is conscious of the future needs of this generation and generations unborn on simplifying operations both at personal and corporate levels. According to him, ‘’the Board of Directors has adopted a policy that seeks to provide investors with a stable and sustainable form of capital distribution, with consideration given to the growth and capital requirements of the business, thereby maximising long-term share value for shareholders’’. At present, e-Commerce spending Profit and dividend are rapidly increasing going by the 2020 financial results. Chris Eze Ozims disclosed that the move was in line with the ambition of becoming the largest 360 degrees ICT conglomerate on the continent. The shareholders gave the commendation at the 8th Annual General Meeting (AGM) of the Group held on April 21, 2021 at its corporate head office in Lagos. The dividend payment of 15k to shareholders is a very good one in the midst of the difficult situation caused by the COVID-19 pandemic. Loans and advances surged by 15% to N822.8 billion as at December 2020. The videos should be uploaded on Facebook, Instagram, Tiktok or YouTube with the hashtag #boostwithquickteller. We will also remain committed to elevating the quality of life of all our stakeholders’’. ‘‘I felt the power of enforced digital knowledge in February when I celebrated my birthday. In addition to its enviable status as pioneer manufacturers of Nigeria’s first internationally certified branded computers and mobile devices, the company has deployed some of the biggest projects in the continent, while institutionalizing high-end ICT solutions which have contributed in moving the sector and the Nigerian economy to the next level. Speaking at the AGM, the Co-ordinator of Independent Shareholders Association of Nigeria (ISAN), Sir Sunny Nwosu, praised the institution for efficiently running its affairs and the appreciable growth recorded in key operating areas. Our customer base in the Group also increased from 6.8 million to 8.3 million. The Nigerian e-Commerce sector is a much-touted lucre that has attracted a number of players. Customer deposits grew by 33.3% to over N1.2 trillion with a large portion of the growth coming from current and savings accounts. ‘‘It is obvious that the COVID-19 pandemic and its encumbrances has helped Edo State turn more attention to transforming the state into a digital economy. Company profile page for Zinox Technologies Ltd including stock price, company news, press releases, executives, board members, and contact information An analyst described it as, “very encouraging”. We will remain resilient and innovative in charting new avenues for growth. VFD Group set to raise additional capital of N9.01 billion through rights issue and private placement. In a bid to ameliorate the impact of the lockdown occasioned by the ravaging COVID-19 pandemic in most states of the Federation, the To submit an entry, business owners are required to paste their post’s URL in the video URL section of the entry form on the Quickteller Business site, share the entry with friends and family and invite them to vote. “The Zinox Group remains the only ICT Group with core experience and proven proficiency in all areas of the industry: hardware manufacturing, distribution, software solutions, retail, support and much more. Ekeh made this known on Monday, April 12, 2021. https://businesspost.ng/economy/konga-to-trade-stocks-on-nse-two-others Speaking about the promo, Cherry Eromosele, Group Chief Marketing and Communications Officer at Interswitch noted that the promo is important to Interswitch as it helps business owners – not only to boost their businesses – but to provide solutions that addresses some of the pain points of business owners. Non-interest income equally increased to N37.8 billion, representing a 9% growth, as against N34.8 billion prior year. Also speaking on the acquisition, Zinox Group Executive Director and Company Secretary, Barr. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists... Zinox Group Strengthens Software Division, Invests in Xputer, ITTF: Nigeria’s Mustapha Becomes World’s Best boys’ U-11 Cadet Player, European Super League collapses as all six EPL clubs pull out, SUPPORT JUST TRANSITION TO NET-ZERO EMISSIONS, GLOBAL ACCESS TO COVID-19 VACCINE- OSINBAJO URGES U.S, Sanwo-Olu lauds Police officer assaulted in viral video for professionalism, civility. Head of Internal Control & Au at Tdilife - Zinox Group Nigeria 38 connections. The Zinox Chairman hailed the cultured disposition of the young ladies, jokingly noting that if he were to marry today, he will go for a tech-savvy Edo girl already prepared to rule the world. The serial digital entrepreneur declared that Edo boasts ready whiz kids who can defend the state and Nigeria in the 21st Century. Too much "blackness", Exclusive: Nigeria Has Highest Number of International Students in Hungarian University, Says Ambassador Yunusa, IGP Withdraws Senior Police Officers Attached to EFCC, U.N. rights chief says George Floyd murder case shows scale of systemic racism, Death of Ada Jesus and what you must know about kidney disease, Zinox iPower Inverter Claws to Market Dominance, Your Kidney is Your Life, Watch Your Lifestyle, Counsels Dr. Amira. Further, the Zinox boss disclosed that the benefits of leveraging technology in all facets of human endeavour cannot be over-emphasised in the 21st Century, even as he reiterated that it is the only resource today that can bridge the gap between the haves and the have-nots. We began in 2002 as a transaction switching and electronic payments processing business, building and managing payment infrastructure, delivering innovative payments solutions and driving transactions across Nigeria and other African markets. Barring any last minute change, Zinox will become a publicly-listed technology company either by late 2016 or early 2017, when owners of the business reckon they would have narrowed the gap as a “distant Number one ICT Group in Sub-Saharan Africa.” The Group Chief Executive added that, “we also supported state governments across the country to provide testing, palliatives, various medical items, including Personal Protective Equipment and ambulances to assist them effectively equip and secure health workers. The Group’s Assets Under Management (AUM) also sustained its growth trajectory by rising to N495.2 billion for the year ended December 2020, up by 23%. Similarly, capital adequacy ratio remained stable at 17.7% for the retail and commercial banking subsidiary of the Group (that is, First City Monument Bank). Innovation and efficiency gains will be the key pillars on which we seek to raise our game in the near future. It is also performing well in terms of innovation, technology and customer service. The promo is believed will help businesses signed onto the Quickteller Business platform boost their business further. The top 10 entries with the highest votes by 11:59pm on Friday, April 30, 2021 will qualify to participate in the grand finale. “Our core specialty is in providing and delivering custom-built software solutions that have powered a number of businesses in various sectors. We also provided catalytic support for givefood.ng. Your Governor has made all of you global citizens because you have great value to add to the society as wealth creators and not a burden to the society,’’ he counselled the youths. Presenting the report for the year ended December 31, 2020, the Chairman, Mr. Jadesimi, assured that FCMB Group is well-positioned to continue to succeed in the years to come, even in the face of the COVID-19 pandemic. The fact that it has been able to meet all its financial obligations to its creditors is a very good sign of strength. They also unanimously approved the payment of a dividend of N2.97 billion, translating to 15 kobo per ordinary share for the year ended December 31, 2020, as against 14 kobo per share the previous year. To contest for the prize money, business owners are simply required to complete their account activation on Quickteller Business and they stand a chance of winning. “At Interswitch, we are committed to growing the business community by providing simple and scalable payment solutions because it is critical to their growth and essentially to the national economy at large,” she added. We commend FCMB for the introduction of paperless and cardless transactions at branches and other touch points. “The solutions provided have varied in scale, complexity and technological platforms, but in all, Xputer Technologies has been able to accumulate a large repertoire of technical skill, experience and a retinue of satisfied clients that has placed it in a strong position to succeed. FCMB Group is a frontline financial services institution in Nigeria with subsidiaries that are market leaders in their respective segments. Zinox Technologies Ltd. | 1,509 followers on LinkedIn. As of 2017, Zinox Group filed a law suit against a media outfit for … He attributed the optimism to the decisions that the financial institution has made over the past few years, especially those around leveraging new digital technology, to expand access to financial transactions. Other accused persons include the Company Secretary/Legal Adviser, Join to Connect Tdilife - Zinox Group. Analysts have already expressed broadly positive views on FCMB’s 2020 financial results. We are proudly pan-Nigeria yet richly spiced with African and global news. Zinox Technologies General Information Description. “With Zinox Group’s investment, we have now relocated our Head Office to Lagos since last year and still maintain our core Research and Development unit in Ibadan because of the serenity. Britain launches expert group to prepare for future pandemics. Linkage Assurance Plc proposes N500million as final dividend for 2020, and a bonus issue on its existing shares. Your email address will not be published. How to find the total number of database partitions and range (data) partitions held by a table? A financial expert stated that, “the 2020 results of the Group is a clear indication that the business is on a stronger pedestal with capacity to deliver more value to shareholders, the market and other stakeholders”. Also commenting, the National Co-ordinator of Pragmatic Shareholders Association of Nigeria Mrs. Bisi Bakare, stated that, “we are impressed by the digital transformation drive of FCMB which has impacted positively on customer service and financial inclusion. The Chairman of FCMB Group, Mr. Oladipupo Jadesimi, along with the Group Chief Executive, Mr. Ladi Balogun; Company Secretary/General Counsel, Mrs. Funmi Adedibu; a Director of the Group, Mrs. Olapeju Sofowora; Executive Director, Corporate Banking & Investment Banking of the Group, Mr. Olufemi Badeji, representatives of the Central Bank of Nigeria, Securities and Exchange Commission as well as leaders of shareholder Associations, were present at the meeting. Transaction volumes from mobile banking (App and USSD) grew by 74% in 2020. We appreciate the results and dividends declared by FCMB, while looking forward to many more years of prosperity”. 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