{"id":37674,"date":"2022-08-04T06:36:38","date_gmt":"2022-08-04T06:36:38","guid":{"rendered":"https:\/\/www.withinnigeria.com\/broadnews\/?p=37674"},"modified":"2022-08-04T06:36:38","modified_gmt":"2022-08-04T06:36:38","slug":"access-bank-enjoins-companies-to-embrace-technology","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/broadnews\/2022\/08\/04\/access-bank-enjoins-companies-to-embrace-technology\/","title":{"rendered":"Access Bank enjoins companies to embrace technology"},"content":{"rendered":"<header class=\"entry-header\" aria-label=\"Content\">\n<p class=\"entry-title\">The Group Managing Director of <a href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/06\/03\/access-bank-pledges-to-fund-entrepreneurs-small-businesses\/\">Access Bank Plc.<\/a>, Roosevelt Ogbonna, has enjoined corporate entities to embrace technology, to stay afloat in the increasingly competitive market place.<\/p>\n<\/header>\n<div class=\"entry-content\">\n<p>Delivering a keynote address at the unveiling of an app, known as \u201cCydene Express\u2019\u2019 in Lagos on Wednesday, Ogbonna said that corporate entities failing to keep pace with technology and innovations would go into extinction sooner than later.<\/p>\n<p>Ogbonna said that technology\u00a0had caused disruptions in markets across the globe, a development he said, had resulted to untimely deaths for many corporate entities.<\/p>\n<p>\u201cGlobally, disruptions have become the order of the day and technology is at the heart of that disruption, therefore, any entity that fails to shape up will naturally ship out.\u2019\u2019<\/p>\n<p>He lauded Skalid Obi, the software developer, who built the \u201cCydene Express\u2019\u2019 app for inventing a software that would help thousands of Nigerian homes to ensure efficient use of household utilities.<\/p>\n<p>\u201cMr Obi and his team at Cydene Energy Services have thrown up a challenge to other Nigerian youths to bring change through the creation of innovative technologies and ideas,&#8221; he said<\/p>\n<p>The Access Bank chief described the new app as a value-added platform that would give easy access to utilities and services in Nigeria.<\/p>\n<p>Also speaking, the Executive Vice-Chairman of Techno Oil Ltd., Nkechi Obi, praised the software developer for his tenacity and commitment to bridging the gap in delivering utility services to households.<\/p>\n<p>She, however,\u00a0told the Federal Government and corporate entities to find ways to encourage young Nigerians to embrace innovations and technologies that\u00a0would contribute\u00a0to nation growth.<\/p>\n<p>Earlier, Skalid, who is also the Chief Executive Officer of Cydene Energy Services, said that the company developed \u201cCydene Express\u2019\u2019, to boost the adoption of Liquefied Petroleum Gas (LPG) among Nigerian households.<\/p>\n<p>He said that the company was prompted to develop the app, to bridge the gap in accessing and paying for household utilities from the comfort of homes.<\/p>\n<p>\u201cAt Cydene Energy, we have built a socially inclusive app that can accommodate Nigerians. With this app, Nigerians can now securely purchase utilities while maintaining comfort and maximizing productivity.<\/p>\n<p>\u201cWe realised the need to own the management system in other to understand the logistics of delivering services from merchants to consumers.\u201d<\/p>\n<p>He said that with the introduction of the app, the Federal Government\u2019s effort to boost LPG adoption as cooking fuel via the National LPG Expansion Plan would receive a boost.<\/p>\n<p>A Director of Cydene Energy Services, Sam Ochonma, said that the app was also handy in making payments for other utilities such as airtime, cable television and electricity bills.<\/p>\n<p>He explained that users could send money to friends and families to pay for utilities, using the app.<\/p>\n<p>The News Agency of Nigeria (NAN) reports\u00a0that up to 10,000 Nigerian households\u00a0have embraced\u00a0the app for efficient use of household utilities.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Group Managing Director of Access Bank Plc., Roosevelt Ogbonna, has enjoined corporate entities to embrace technology, to stay afloat in the increasingly competitive market place. Delivering a keynote address at the unveiling of an app, known as \u201cCydene Express\u2019\u2019 in Lagos on Wednesday, Ogbonna said that corporate entities failing to keep pace with technology [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":37703,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"footnotes":""},"categories":[25],"tags":[7000],"class_list":["post-37674","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-access-bank-plc"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Access Bank enjoins companies to embrace technology &#187; BROAD NEWS \u2014 WITHIN NIGERIA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.withinnigeria.com\/broadnews\/2022\/08\/04\/access-bank-enjoins-companies-to-embrace-technology\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Access Bank enjoins companies to embrace technology\" \/>\n<meta property=\"og:description\" content=\"The Group Managing Director of Access Bank Plc., Roosevelt Ogbonna, has enjoined corporate entities to embrace technology, to stay afloat in the increasingly competitive market place. 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