Access Bank Chief Enjoins Companies to Embrace Technology to Stay Afloat - Omoh Global News

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Monday, 8 August 2022

Access Bank Chief Enjoins Companies to Embrace Technology to Stay Afloat


The Group Managing Director of Access Bank Plc., Mr Roosevelt Ogbonna, has enjoined corporate entities to embrace technology, to stay afloat in the increasingly competitive market place. 

Ogbonna, while delivering a keynote address at the unveiling of an app, known as “Cydene Express’’ in Lagos, said that corporate entities failing to keep pace with technology and innovations would go into extinction sooner than later. 

He said that technology had caused disruptions in markets across the globe, a development which resulted to untimely deaths for many corporate entities. “Globally, 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.’’ 

He lauded Mr. Skalid Obi, the software developer, who built the “Cydene Express’’ app for inventing a software that would help thousands of Nigerian homes to ensure efficient use of household utilities. 

“Mr. 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. 

The Access Bank chief described the new app as a value-added platform that would give easy access to utilities and services in Nigeria. 

Mrs Nkechi Obi, the Executive Vice-Chairman of Techno Oil Ltd., also speaking, praised the software developer for his tenacity and commitment to bridging the gap in delivering utility services to households. 

She, however, told the Federal Government and corporate entities to find ways to encourage young Nigerians to embrace innovations and technologies that would contribute to nation growth. 

Earlier, Skalid, who is also the Chief Executive Officer of Cydene Energy Services, said that the company developed “Cydene Express’’, to boost the adoption of Liquefied Petroleum Gas (LPG) among Nigerian households. 

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. 

“At 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 maximising productivity. We realised the need to own the management system in other to understand the logistics of delivering services from merchants to consumers.” 



 

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