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Cross Country Courier Eyes Market Leadership

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Cross Country Courier has been said to be one of the leading logistics companies that is in business to revolutionize the industry. The head of the courier department, Mr. Toyin Adeojo disclosed this to Nigeria CommunicationsWeek stating that the primary objective of the company’s diversification into the courier segment is to keep customer loyalty. He said that after a careful study of the inadequacies in the way already existing courier firms run the business where sensitive documents and parcels are delivered wrongly or even declared missing, the management of the company felt the need to come on board to correct these lapses while leveraging on their strong advantages.

Adeojo revealed that the transport company has over a thousand fleet which traverse all the major cities and state capitals in Nigeria coupled with the quality of staff in the establishment who mostly university graduates are necessitating the floating of the courier company. The pressure from their clients who would always want to send parcels and letters to different destinations in the country through the transport company because of the level of trust they have on the company also gave impetus to the flagging off of the courier firm.

Apart from the normal courier services which the company renders, Adeojo said it is also a technical partner to many courier companies including the world celebrated ones which make use of the Cross Country fleet on daily basis. He said the company deploys over a hundred buses from its Lagos terminal alone on daily basis and that this feat is replicated in their other branch networks across the country.

The courier firm also engages in prime services such as Traders Groupage which involves customers instructing the courier firm to take charge of what has been cleared on their behalf at the seaport or airport and send them to the destination of the customers. There is another one they call Express Help Buy or Express Help Delivery. With these products, the courier company can buy items for the client and send them to the places requested by the client. The customer can as well buy those goods by himself and send them through the courier company even if he is not accompanying the consignment, all these services , Adeojo said are moderate compared to the quality offer they render.

Adeojo said that from the outside, one may tend to criticize the practice of motor transport companies also running courier, but arguing from an informed point of view one would discover that most of the so called conventional courier companies still fall back on the transport companies’ logistics to send their messages across the length and breath of the federation. Coming from this background, Adeojo said " Nobody in our shoes will not make use of such an advantage by floating a courier".

He also maintained that even with the more than 200 registered players in the courier industry that the market is still not yet saturated as some of the registered ones are not practicing.

Adeojo spoke about competition in the industry and expressed that the credibility of the outfit as a dedicated and registered courier firm makes them stand out even as he emphasized that anybody can run errands but that in Cross Country Courier, they run errands with uncommon diligence. Prompt and safe delivery of mails and parcels according to Adeojo, is their key selling point. "We are out to provide a better professional mail and home delivery in a way that is cheaper, fast and safe with content remaining in tact on delivery", said Adeojo.

In spite of the bourgeoning courier business, he however frowned at the activities of some courier companies who are undercutting the business by accepting prices for services less than the industry stipulated prices even as he lampooned security operatives for making business difficult for them. He said that in certain situations, security operatives go the extra length of insisting that courier personnel unseal some of the consignments under their care arguing that this practice is a breach of trust on the part of their clients who they owe the obligation of delivering their parcels sealed and in tact.


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Nigeria CommunicationsWeek believes that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. So since 2007, we have devoted our energy to independent reportage of technology and how they affect lives.

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Telecom

Airtel Boosts NIPR Public Relations Week with Onsite Unlimited Data Connection

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Telecommunications service provider, Airtel Nigeria has collaborated with the Nigeria Institute of Public Relations (NIPR) to provide with unlimited internet access at the institute’s inaugural edition of the Nigeria Public Relations Week.

The trailblazing event themed ‘Leveraging Public Relations as a Critical Asset for Nigeria’s Economic and Reputation Renaissance’ is set to run from Monday, April 22nd to Friday, April 26th, 2024, and will welcome thousands of delegates across Nigeria to the prestigious June 12 Cultural Centre, nestled in the heart of Abeokuta, the Ogun State capital.

Speaking on the strategic collaboration, Femi Adeniran, Director, Corporate Communications and CSR, Airtel Nigeria, expressed enthusiasm about the partnership, stating, “Airtel is proud to support the Nigeria Institute of Public Relations in its endeavor to advance the field of public relations.

“The relevance of public relations practice in Nigeria cannot be overstated, as it plays a vital role in shaping perceptions, managing reputations, and influencing public opinion. Hence, our support is a demonstration of our commitment to empowering individuals and organizations with innovative solutions that drive progress and create an enabling society.”

According to NIPR, through the PRWeek Organizing \Committee Chairman, Mr Yomi Badejo Okusanya, the NPRW will gather over 2,000 experts in the fields of economics, PR, and nation-building to discuss strategies for effectively communicating government policies and initiatives to the public.

Other activities at the NPRW will include conferences, the annual general meeting, workshops, induction of new members, breakout sessions with students as well as traditional rulers and a tour of some legacy projects in Ogun state.

With Airtel’s provision of onsite unlimited data connection, attendees and participants can enjoy unparalleled access to online resources, real-time updates, and interactive engagements throughout the duration of the event. This will significantly support the exchange of ideas, foster networking opportunities, and elevate the overall experience for all stakeholders involved.

Airtel Nigeria remains committed to offering unwavering support for initiatives aimed at driving innovation, collaboration, and nation-building.


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Broadcasting

NCC Seeks Media Collaboration on Copyright Infringement

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The Nigerian Copyright Commission (NCC) has called for effective collaboration with the media in the country towards tackling the menace of copyright infringements.

The Director-General of the commission, Dr. John Asein, who made the call at a media parley in Ibadan, said while the commission has the power to arrest and prosecute people involved in copyright infringements, it still needs the support of journalists to achieve its aims, maintaining that copyright infringements have negative impact on authors and the society as a whole.

He said: “We need your support to stamp out copyright infringements. This means we all have responsibility.

“We have the power to search, arrest and prosecute. But, we rely on police, NSCDC and other security agencies so as to get it done. We have a good working relationship with the security agencies. The problem of enforcement is real.”

The Executive Secretary, Nigerian Publishers Association (NPA), Mr. Emmanuel Abimbola, in his contributions, urged governors of Southwest states to reduce fees charged on book review for publishers, stating that this will reduce cost of books in the markets which has become a burden to most parents in the country.

He insisted that fees charged on book review by government agencies particularly in the region is becoming exorbitant.

According to him, an official of one of the states once said that the exorbitant fee charged was a means of generating revenue which should not be so because education must be seen as a social service.

He said: “We don’t really have much problem with the government of other region because some of them only charge flat rate for the book review which we publishers are ready to cope with.

“However, we are calling on the government of states in the Southwest to stop the exorbitant fee, it is becoming too much, a situation whereby we are asked to pay N10,000 or N12,000 per book title, by the time you calculated it, it will be going to N2 to N3 million.


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E-Financial

Shareholders Approve $1.5bn Capital Raising for Access Holdings

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The shareholders of Access Holdings Plc have unanimously approved the company’s proposed capital raising of $1.5 billion through a bond or share sale and a further N365 billion via a Rights Issue to fund its ambitious growth plans.

The shareholders also ratified the appointments of Aigboje Aig-Imoukhuede, Olusegun Ogbonnewo, and Ojinika Olaghere as Non-Executive Directors.

The appointment of Aig-Imoukhuede as the Chairman of Access Holdings was praised by the shareholders, who pointed to his rich history of success with the institution, having transformed it into Nigeria’s biggest lender by market value alongside late Herbert Wigwe.

The shareholders stated that Aigboje’s leadership was instrumental in driving the institution’s growth during the 2004 recapitalisation of the banking industry led by the Central Bank of Nigeria (CBN) under the leadership of its former Governor, Prof. Charles Soludo.

“We are thrilled with Aigboje Aig-Imoukhuede’s return to the role of Chairman. His proven track record, experience, and strategic insights position him as the ideal leader to steer Access Holdings towards meeting its lofty targets.

During his tenure as CEO, particularly during the recapitalisation directive by the CBN, he steered Access Bank to raise an impressive $2 billion in capital, and this demonstrates his capacity to, once again, lead Access Holdings towards successfully achieving the objectives of our planned capital raise and Rights Issue targets,” said Chief Sunny Nwosu, Chairman Emeritus of the Independent Shareholders Association of Nigeria (ISAN).

In line with the Group’s strong financial performance, the payment of a final dividend of N1.80 kobo per every N0.50 kobo ordinary share for the 2023 financial year was approved, marking a 28 per cent improvement from the corresponding period in 2022.

 


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