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Monday 8th August, 2022

Business

Huawei, TD Africa Partner On Clean, Digital Power Solutions For Nigeria

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Group photograph of some members of Huawei Technology and TD Africa Management with distribution and sales partners at the launch of the suite of digital power solutions in Lagos...

 

A suite of revolutionary digital power solutions targeted at various categories of users in the Nigerian market has been launched in Lagos, Nigeria.

Huawei Technologies, a leading global provider of Information and Communications Technology (ICT) infrastructure and smart devices in partnership with TD Africa, Sub-Saharan Africa’s foremost distributor of tech, services and lifestyle products launched the suite of solutions.

Speaking at the well-attended launch event held on Friday, July 15, 2022 at the Tech Experience Centre, Yudala Heights in Victoria Island, Lagos, Chief Executive Officer (CEO), TD Africa, Mrs. Chioma Ekeh identified the perennial public power supply challenge in Nigeria as an opportunity for Huawei’s Digital Power solutions.

Chief Executive Officer (CEO), TD Africa, Mrs. Chioma Ekeh making a remark at the event

She referenced the instability in the global crude oil market which has been worsened by the ongoing war in Ukraine, while also citing environmental concerns and issues with ensuring a steady and affordable supply of crude oil products such as petroleum and diesel, among others in Nigeria, as factors necessitating a shift away from fossil fuels to clean energy.

‘‘The new money will come from digital energy. I encourage our partners to embrace these products which are being unveiled here today as they represent one of the avenues of making new money,’’ Ekeh said.

Justin Tinsey, Principal Consultant on Huawei Digital Power Technologies Co., Ltd in Nigeria, in his presentation, disclosed that the launch of the company’s Digital Power Solution in Nigeria was motivated by the desire to drive down energy costs, while also playing its part in establishing a greener future built on sustainable, stable and cost-efficient electricity supply in the country, in line with its long-term vision of global carbon neutrality.

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While introducing the company’s Digital Power Solution which cuts across Residential, Commercial/Industrial and Utility Scale, Tinsey recalled that Huawei is currently one of the market leaders in global PV inverter shipments, with its Fusionsolar PV solution proving a popular choice worldwide.

He identified the Huawei Intelligent Power Mate Solution or iSitePower-M as the ideal solution for homes or residential users, delivering reliable 6KVA power round-the-clock in a flexible and compact configuration unit of power and battery.

Justin Tinsey, Principal Consultant on Huawei Digital Power Technologies Co., Ltd in Nigeria, making his presentation at the launch

The solution, he revealed, also uses every available energy, including solar, grid and Distributed Generation (D.G), with assured resistance to power grid jumps, high voltage and in-built anti-surge current for high-power loads, along with a five-year warranty.

According to him, the iSitePower-M is guaranteed to reduce household energy costs by 50-70%, while equally delivering green, stable and sustainable electricity with robust load capacity.

He added that Huawei residential ESS are better known for their latest technology, lithium iron phosphate, user reliability, their aesthetic design which is suitable for homes, 100% depth of discharge, quick commissioning, parallel connection of up to 45kWh, excellent safety and pack level optimization.

Further, he introduced the Huawei iSitePower-S, the commercial and industrial option, as a stable and low-cost power solution ideal for no-grid access areas such as remote villages or islands, primary schools and clinics or border checkpoints and camps.

Describing it as a Hybrid Solar Power System Architecture, Tinsey stated that the solution is simple, reliable and efficient, even as he noted that the solution is enjoying positive reviews from users such as banks and other large apartment owners, due to its utility and other exciting benefits.

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Furthermore, he stated that Huawei’s Commercial & Industrial (C&I) solar solutions for enterprises contribute to reduced power consumption costs, increase energy yield by 30% with optimizers and provide active safety for solar systems to prevent arc faults which create heat and potentially lead to electrical fires.

On Utility Scale solutions, Justin disclosed that this combines the FusionSolar 6.0 and Utility Smart PV Solution.

He affirmed that this option refers to a Full-stack Mini Grid Solar Solution, adding that it is guaranteed to reduce the levelized cost of electricity (LCOE) by 15%, while also achieving higher yields, active safety and grid forming.

‘‘The smart ecosystem for energy efficiency is rapidly evolving globally and Huawei’s Digital Power department is at the centre of its development.

“Smart power residential solutions, as evidenced by our iSite PowerM – to large-scale commercial and industrial as well as utility-scale solutions – as evidenced by Huawei’s iSitePower-S and Fusion Solar solutions – are leading the smart ecosystem revolution,’’ Tinsey stated.

Also justifying the relevance of the Huawei Digital Power Solution, Victor Koyier, Key Account Manager, Renewable Energy for Huawei Technologies in Nigeria, disclosed that renewable energy is set to become the major global energy source by 2050, while adding that there has been an observed rise in interest for solar power solutions in Africa and Nigeria, in particular.

He identified other digital power solutions within the Huawei bouquet to include its UPS which has a wide range application for various categories of users; while also introducing the SmartLi, Huawei’s revolutionary small smart lithium battery.

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Niyi Onabanjo, Head, Corporates/DMFI Sales at TD Africa, had earlier restated the company’s dominant position in the technology distribution ecosystem in the sub-region as the key driver of trade revolution across Africa and with a growing partner database of over 2000 resellers.

He added that TD Africa is in a strong position to take Huawei’s Digital Power Solution to the nooks and crannies of the market as part of its mission of making products and services accessible, affordable and usable across Africa through its efficient distribution network.

The event was witnessed by several channel partners drawn from TD Africa’s extensive database, as well as key officials from both Huawei and TD Africa.

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Founder/Editor of www.digitaltimesng.com. He is passionate about technology and how it can be used to transform human life, businesses and services.

BANKING

FirstBank Branch, Head office, Not Sealed- Mgt.

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First Bank Nigeria has denied online media (not DigitalTimesNG) reports that its branch or head office was sealed at any time.

The bank, through a statement signed by Kehinde O Taiwo of the Marketing & Corporate Communications Department, described the report as “a misrepresentation of the facts and misleading.”

According to the statement, “Please be informed that the referenced story is a misrepresentation of the facts and misleading. Neither our branch nor head office was sealed.

“On the 4th of August, 2022, there was an unlawful enforcement at the Bank’s Coomassie House Branch of a garnished order issued by a Federal High Court sitting in Abuja which orders the Bank is still challenging in court.

“While the Bank has taken appropriate legal steps to deal with the situation, we wish to reassure our customers of unhindered banking services and the unique customer experience in all our branches and through our numerous alternative channels.”

 

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BANKING

Firstmonie Agents Process Over 1 Billion Transactions, Amounting To Over N22 Trillion

-Reinforces Firstbank’s Leading Role In Promoting Financial Inclusion In Nigeria
• The Bank’s Firstmonie Agents play a critical role in promoting financial inclusion in the country
• The Bank currently has over 180,000 Firstmonie Agents spread across 772 Local Government Areas in Nigeria
• Since 2020, FirstBank has economically empowered thousands of its Firstmonie Agents with over 100 billion naira credit facility

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Dr. Adesola Adeduntan, MD/CEO FirstBank Nigeria

First Bank of Nigeria Limited, Nigeria’s premier and leading financial services provider has announced that its agent banking network – Firstmonie Agents – spread across the nooks and crannies of the country has collectively processed transaction volume in excess of 1 billion, amounting to over 22 trillion naira.

The Bank currently has over 180,000 Firstmonie Agents, spread across the country’s 772 Local Government Areas.

Firstmonie Agents have been integral to bringing financial services closer to the under-banked and unbanked segment of the society, providing convenient banking services that are easily accessible, thereby saving time and travel costs for individuals in the suburbs and remote environments with no access to financial services.

Popularly referred to as the ‘Human ATM’, Firstmonie Agents are empowered to reduce their reliance on over-the-counter transactions while providing convenient personalized services.

Amongst the services carried out by the Agents include; Account Opening, Cash Deposit, Airtime Purchase, Bills Payment, Withdrawals and Money Transfer.

Through various empowerment and reward schemes implemented to put its Firstmonie Agents at an advantage to economically impact their immediate communities whilst importantly having their business sustained, the Bank’s Agent Banking scheme has remained a toast to Nigerians, irrespective of where they are in the country.

Amongst these schemes is the Agent Credit – launched in 2020 – which has had the Bank provide credit facilities to the tune of 238 billion naira to its teeming Firstmonie Agents.

Expressing his appreciation to the Firstmonie Agents, Dr. Adesola Adeduntan, CEO, FirstBank said “since the relaunch of our Agent Banking scheme in 2018, our Firstmonie Agents have played a vital role in bridging the financial inclusion gap in the country, as many more people have been able to undertake various financial and business transactions in cost-effective ways, thereby saving a lot of time and money in travelling over long distances for basic banking services.”

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“We are delighted by the giant strides of our Firstmonie Agents in promoting financial inclusion and commend them for their efforts in taking banking to the doorsteps of Nigerians – irrespective of where they are – in a very effective way,” he concluded.

 

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Business

Konga Kares, Med-Direct Africa Roll Out Free Delivery Of Quality Drugs

—Partnership will also ensure free delivery of Supplements and others to Nigerians nationwide

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Konga, Nigeria’s leading e-commerce giant and Med-Direct Community Pharmacy, a 21st Century online retail pharmacy have announced a partnership to support the free delivery of highly discounted, quality drugs and medications to millions of Nigerians nationwide starting from Monday, August 15, 2022.

The project, a humanitarian initiative will be executed under the auspices of Konga Kares, the Corporate Social Responsibility (CSR) arm of the Konga Group, through which it has identified with and empowered critical segments of the population in need of a helping hand.

Through this initiative, Konga Kares and Med-Direct Africa are hopeful of crashing the cost of accessing quality medicare for millions of Nigerians by a minimum of 10% irrespective of their location nationwide, especially those on managed health conditions and reliant on routine prescription drugs and other medications at this challenging period globally.

Head of Corporate Communications for the Group, Mr. Gideon Ayogu disclosed in a statement made available to DigitalTimesNG that the mandate is to reduce the cost of quality drugs by a minimum of 10% off its current retail prices plus free deliveries to patients nationwide.

Also, he stated that interested and public-spirited Nigerians at home and in the Diaspora can seize this opportunity to purchase quality drugs and have same delivered at no cost to friends, families, the less privileged and communities of their choice across Nigeria.

‘‘We plan to extend additional incentives to Nigerian civil servants: retired and current, military and paramilitary service men, women and their families, lecturers in institutions of higher learning, civil servants, teachers and those who are above 60 years of age so that they can get genuine drugs at affordable prices delivered on time. We plan to save a minimum of three million Nigerians huge costs on quality drugs by the close of the year 2023.

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‘‘These include a variety of prescription drugs for diabetics, high blood pressure patients, cholesterol and asthmatics, among others. Also available are nutraceuticals as well as an array of high-performing supplements for people who wish to enhance their health, lifestyle and beauty goals.

“For prescription drugs, shoppers can use the live chat feature to interact with experienced pharmacists and upload their prescriptions via the same channel for verification before supplies are made. For those on daily prescription drugs, we have deployed appropriate technologies and logistics to make sure their drugs are replenished one week before they run out of their supplies,’’ he affirmed.

The drugs are available for purchase on Med-Direct Africa’s e-Pharmacy portal: https://meddirectafrica.com/ or on Konga.com.

Ifeanyi Ogbolu, Head of Retail Operations, Med-Direct Africa, expressed delight with the impact the deal with Konga Kares would have on improving the health and well-being of Nigerians, revealing in addition that the partnership would equally benefit local and international donor agencies who wish to leverage this initiative to ensure free deliveries of medical supplies to the last mile for the needy or less privileged Nigerians.

‘‘Swift and cost-effective access to genuine drugs and other routine medications is one of the obstacles to quality healthcare delivery in Nigeria. Through this partnership with Konga Kares, Nigerians can now enjoy free delivery of quality prescription drugs, supplements, lifestyle products and other medications to their doorsteps nationwide.

‘‘We are delighted with this landmark development. It is in line with our mission of reducing the cost burden of drugs for Nigerians, while also providing quick access to these medications,’’ he enthused.

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Continuing, he stated: ‘‘Donor Agencies – local and international – can also take advantage of this partnership to deliver drugs and other medical supplies in bulk to needy or beneficiary communities or to target groups and other users in record time and free of charge, wherever they may be in Nigeria.

“For enquiries, you can reach out to us via WhatsApp on +234 907 729 9649 or through the short link: https://wa.me/message/2NIMVAXER4VBD1

Konga Kares, a CSR arm of the Konga Group, has been at the forefront of supporting the needy and other identified target beneficiaries in Nigeria.

It added exceptional value to the nation during the COVID-19 regime by supplying quality food and drugs to thousands of Nigerian families free of charge. It is also known to discount prices for essential products to families during the Christian and Moslem fasting and festive periods.

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