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TransRoyal Courier Rewards Staff, Flags off Vehicle Owner-User Scheme

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TransRoyal Courier, leading courier company in Nigeria has given car and motor-cycles to its members of staff who have distinguished themselves in the course of their duties to the company.

In an elaborate ceremony held in its head office in Lagos recently, Ismail Delupe, head of bank operations was handed over the keys to a car while Kenneth Amalu, Hosiah Fawolere, Cosmos Judah, Mutui Oladokun and Michael Pedro each went home with a motor-cycle.

Polly Ofido , executive director told Nigeria CommunicationsWeek that the beneficiaries of motor-cycles will use the bikes to render service to the company for one year after which the motor bikes become theirs, while workers that will be given cars will use the car for the company for three years before they take over possession as their personal cars. He said the scheme will be an annual event which will be operated on the basis of five people from the courier department of the company and two others from the marketing benefiting from the scheme every year.

The aim of the exercise according to Ofido is to motivate and encourage hard working staff of the company who have gone thick and thin with the company.’ Some of them have been with us even when the going was rough’, Ofido said.

TransRoyal Courier, a fast growing courier company and a major player for that matter had as its pioneer managing director, the late Obiorah Okeke who was until his death the president of Anco.

Ofido, executive director of the company has been in the courier business for over twenty-two years and also works as consultant to many courier firms. He said that the strength of the courier company lies on its reputable clients saying that out of twenty five banks in the country, the firm enjoys the patronage of eleven of the banks. Again, he said the staff of the company are all committed and complemented by a good board of directors while making a special reference to Chief E.C.Nwandu,company’s chairman, a retired deputy postmaster general of the federation.

The courier firm is into haulage and logistics, overnight delivery of equipment and parcels, bulk delivery for banks registrars even as he hinted that the network of the company is superb as it has presence in virtually all the state capitals and major cities in the country.

On why some of the banks have refused to pay some of the courier firms that handled bulk deliveries for those banks, Ofido said that their major clients are banks and that they are not owed a kobo by any of their bank customers. The reason he said is when banks that contracted the job are not satisfied with the job done by courier firms.

The executive director maintained that TransRoyal Courier ably piloted by Lady Vivian Okeke, managing director of the company is at home with competition even as he pointed out that competition is healthy for the courier industry. He said that most members of the firm’s management team are courier professionals who know their bearing in courier business. He said ‘Without competition, every body will be operating at their own pace, but with competition, there will be improvement in the quality of service delivered by courier firms.’

 He also lamented the activities of illegal courier operators who are bent on spoiling the courier business by undercutting the market and making their services available at rock- bottom prices which service most of the time they fail to deliver.

Ofido flayed the harassment of courier operators by government operatives, who they encounter in the process of carrying out their duties,

Those he said include NDLEA, Police, LASTMA officers who they encounter on the way. The state of our roads, Ofido said is deplorable thereby causing unnecessary delay in the movement of goods and services even as he complained the dearth of aircraft in the country that are supposed to enhance courier delivery.


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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

AMN Activates Starlink Cellular Backhaul Connectivity in Nigeria

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Africa Mobile Networks Group (AMN) has said that its first of its base stations in Nigeria to connect to SpaceX’s Starlink constellation is now live and using the LEO satellite network for backhaul connectivity.

AMN Activates Starlink Cellular Backhaul Connectivity in Nigeria

It’s the first AMN base station to connect to Starlink since AMN and SpaceX signed a commercial deal in July 2023 to use Starlink for remote base station backhaul connectivity across Africa.

AMN said in a statement that Starlink’s low-latency connectivity enables its multi-carrier RANs to sustainably provide 2G, 3G and 4G services in remote, rural areas of Nigeria. AMN also said it also paves the way for the launch of 5G services, which AMN plans to do before the end of this year.

AMN, which builds, owns, operates and maintains mobile network infrastructure for African mobile network operators, currently operates 1,600 base stations across Nigeria.

The company said it will continue to install new sites throughout 2024 in Nigeria, as well as Democratic Republic of the Congo, Cameroon, Madagascar, Cote d’Ivoire, Benin and Rwanda. AMN also has operations in Bissau, Ghana, Guinea, Liberia, Sudan, and Zambia.

Starlink has been commercially available to consumers and enterprise customers since January 2023. Last week, according to a report from Nairametrics, Starlink slashed the price of its internet router by 45%, although its monthly subscription rate remains unchanged. No reason was given, but the report suggests the move may be related to the naira’s recent appreciation against the US dollar and other foreign currencies.

According to figures from the Nigerian Communications Commission (NCC), Starlink had over 11,200 subscribers in the country as of the third quarter of 2023 – which also makes it one of the top ISPs in Nigeria, the report said.

 

 

 

 

 

 

 

 

 


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E-Financial

Banks Lose N10Bn to Cyber Fraud in 2023’

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Stakeholders in the banking and financial ecosystem, yesterday, decried the surge in cyber fraud as Deposit Money Banks (DMBs) lost N10 billion in the second quarter of 2023, representing almost 300 per cent year-on-year compared to the previous year.

Banks Lose N10Bn to Cyber Fraud in 2023’

At a Mastercard forum convened to tackle fraud and cybersecurity threats in the financial sector, Kari Tukur, vice president, Customer Solutions Centre, East and West Africa at Mastercard, said despite the massive awareness and innovations aimed at combating cybersecurity, the amount lost last year by DBMs was “staggering”.

She said, “With Nigeria’s rapidly growing economic expansion, we are starting to see an increase in the adoption of digital financial services, and the financial landscape is also evolving at an astronomical speed.

“What was staggering for me was in spite of the huge investment around innovation, funding in the cyber space, DBMs lost almost N10bn in Q2 last year, and that was almost 300 per cent growth year-on-year when compared to the previous year.”

She noted that there was the need for collaboration among stakeholders “to combat this rising sophistication of cyber security threat.”

Tukur further stated that Mastercard was deeply committed to cyber security and fraud prevention within the payment industry, disclosing that the company invested $250m “to assist small businesses in addressing their cyber security needs.”

She disclosed that Mastercard payment portals incorporated multiple layers of security such as tokenisation technology, encryption and biometrical to stay ahead of cyber attackers.

She added that, “The sector continues to struggle with the aforementioned challenges, necessitating vigilance, proactive action and comprehensive security strategy, and Mastercard remains committed to providing safe, secure and seamless payment services and experiences for our partners and customers in Nigeria and beyond.”

Celestina Appeal, chairman, Committee of e-Business Industry Heads (CeBIH), stated that the total loss to the banking industry in the last couple of years totalled hundreds of billions of naira while Nigeria’s Consumer Awareness and Financial Enlightenment Initiative had projected a $6trn loss by 2030 to cybercrime within and outside Nigeria.

Represented by Mr Temitope Onibaniyi, secretary of the committee, she stated that the committee was ever-willing to collaborate with industry stakeholders to fight against the perpetrators who “constantly rob banks and other stakeholders in the payments industry of their hard-earned money.”

She said the need for collaboration could not be overemphasised as no individual organisation was immune to cyber security attacks.

 

 


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Broadcasting

ARISE News Channel Goes Live in SA, 9 Other Southern African Countries

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ARISE News Channel, Africa’s premier broadcaster, has announced its expansion into South Africa and nine other Southern African countries.

ARISE News Channel Goes Live in SA, 9 Other Southern African Countries

The channel is now available on Multichoice/DSTV Channel 416 in South Africa, Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, Swaziland, Zambia, and Zimbabwe.

With this expansion, ARISE News Channel is now live in 54 African countries, including Kenya, Tanzania, Rwanda, Uganda, Cameroon, Sudan, Ghana, Senegal, and Cote d’Ivoire, among others.

Celebrating its 11th anniversary on January 31, ARISE News Channel continues to showcase Africa’s diversity in business, politics, technology, commerce, science, sports, show business, and fashion, while projecting the best of Africa and its cultures globally.

Nduka Obaigbena, chairman and editor-in-chief of ARISE News Channel,, expressed determination to launch the channel in all countries worldwide, stating, “The move to Southern Africa reaffirms ARISE News Channel’s position as the leading broadcaster in Africa with independence and clear thinking. We are determined to celebrate the best of Africa and tell the African story in the global marketplace.”

He added, “We shall continually showcase the emerging African century where Nigeria and other African countries will be some of the leading economies around the world. This is a marathon and not a dash: we will do for Nigeria and Africa what the CNN, the BBCs, and Aljazeeras have done for their nations and regions. In the emerging African AI- driven new information highway, no one will shape your narrative better than you.”


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