Recently the CBN issued a circular on February 5th, 2021, to DMBs (Deposit Money Banks) to desist from transacting in/and with entities trading cryptocurrencies; and close their bank accounts accordingly. This unexpected policy resulted in adverse effects on the Patricia ecosystem, which saw other products and services not related to cryptocurrency suffering gravely.
As a business, we understand the challenges this has created for our non-crypto trading customers, and we recognize their needs to continue to do business without restrictions. We are excited to introduce Glover Exchange as the new entity responsible for the day-to-day operations of our Gift cards, Airtime2Cash, and refill services (Bill Payment).
Glover Exchange will be the new home for products and services like Gift cards, Airtime 2 Cash, Refill, and bill payments. Innovation is the driving force of what we do, and in the coming weeks, we would see the introduction of new solutions geared towards making our customers’ lives easier.
In this light, Friday, 19th of March saw the official birth of Glover exchange and all the aforementioned services moved from the Patricia App to the Glover App to alleviate the challenges and limitations experienced in the last couple of weeks within the Patricia ecosystem.
Going by the words of our CEO Fejiro Hanu Agbodje in a previous press release addressing the CBN circular on February 19th, 2021 – “We are standing by our brand promise to constantly do the most and innovate in directions of our users’ needs. Decentralizing Glover from Patricia will ease the current strain our users are experiencing and allow for unhindered transactions to our Nigerian and Ghanian users.”
Existing Patricia users will not have to register for a new account on Glover Exchange; we will simply transfer their database to the new entity to facilitate seamless transactions and uphold our consumer loyalty scheme.
We want to assure our users and the general public that we remain committed to bringing innovative solutions to their needs and fulfilling our promises to you, and we want you to trust Glover Exchange as you have trusted Patricia over the years,
Thank you for choosing Patricia, and keep doing the most.
For more information and inquiries, please contact our support center [email protected]
Patricia Technologies Limited.
Jaiz deploys NQR code to Fraser Suites
The NQR service is designed for merchants/individuals to receive or make payments for goods and services.
Jaiz Bank Plc, the premier Non-Interest Bank in Nigeria has deployed the newly introduced Quick Response Code (NQR) to Fraser Suites in Abuja as part of the Bank’s efforts to drive contactless payment solutions in the country.
Managing Director/CEO of Jaiz Bank Mr. Hassan Usman presented the platform to the Managing Director of Fraser Suites, M.G Nasreddin, yesterday.
During the presentation, Usman said the indigenous Payment Platform provides a reliable and enhanced payment experience that would lower transaction costs for customers.
The MD assured the Fraser boss that the NQR Code would ensure quick and convenient means of payments for goods and services.
On his part, Nasreddin appreciated Jaiz Bank for the deployment of the NQR, saying the platform would assist in easing payment for customers.
The NQR service is designed for merchants/individuals to receive or make payments for goods and services. The Platform is integrated with the Bank’s existing mobile banking application to support retail payment and cardless ATM withdrawal.
The payment system will only require customers to log into the app, scan the NQR code, authenticate the transaction with a PIN and merchants are instantly credited with the value. It enhances the scanning to pay mode, fast-track the process for receiving money in real-time, and facilitates quick payments.
Bayer set to hold the 3rd edition of the Nigeria Maize Conference
This year’s conference which will be virtual is tagged “Much More Maize” and is scheduled for the 22nd of April 2021.
Bayer Nigeria Limited, a subsidiary of Bayer AG, Germany has announced its plan to hold the 3rd edition of its annual Nigeria Maize conference. This year’s conference which will be virtual is tagged “Much More Maize” and is scheduled for the 22nd of April 2021.
Speaking ahead of the conference, the Country Sales Manager, Bayer Nigeria Ltd, Mr. Temitope Banjo said that the Nigeria Maize Conference is an initiative to bring together stakeholders in the Maize agricultural value chain, to deliver innovative solutions that would help Nigerian farmers maximize their farm yields and secure their harvests from devastating disease and pests.
According to Banjo, “Nigeria is yet to reach its full potentials in terms of maize productivity, for example where a hectare of farmland in Egypt can yield up to 7 metric tonnes per hectare, a farm of the same size in Nigeria only produces around 1.8 metric tonnes per hectare which is one of the lowest among the top 10 maize producers in Africa.” He went on to say that even though Nigeria is presently the largest producer of Maize in Africa, the country is still not able to meet up with its domestic and industrial needs for the crop.
He stated that the challenges with maize production in Nigeria are mainly due to poor agronomic factors and the use of bad seeds during planting and cultivation, and there is a need to educate our farmers on how they can increase the productivity and profitability of their farms, hence the theme for this year’s conference.
Commenting on how Bayer intended to address the maize production challenges in Nigeria, the Managing Director of Bayer Nigeria Ltd., Mr. Sefihait Kone explained that Bayer has a suite of products which is called the Bayer “Much More Maize” toolkit, specially put together to help farmers protect their crops and boost productivity of their farms from the planting phase through the harvesting stage.
“We will show how these products, if used properly have the potential to increase the profitability of their farms which translates to higher revenue for them. We hope that once all farmers imbibe these proper procedures, it will have a ripple effect on the economy and increase the food sufficiency of the country,” Kone stated.
Some of the guests and keynote speakers expected at the virtual conference include Alhaji Abubakar Bello who is the President of the Maize Association of Nigeria (MAAN), Dr. Olusegun Ojo, the Director of the National Agricultural Seed Council (NASC) as well as experts from Bayer in person of Dr. David Wangila and Dr. Joseph Kibaki.
Visit https://nigerianmaizeconference.com/#register to register for the event.
Bayer is an innovation company with a more than 150-year history. Its scientific successes are intended to help improve people’s lives. It’s a global enterprise with core competencies in the Life Science fields of health care and agriculture.
Nairametrics | Company Earnings
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- PZ Cussons Nigeria Plc appoints Ifueko Okauru as Independent Non-Executive Director.
- Chams Plc announces the appointment of Patricia Duru as new CFO
- NPF Microfinance Bank reports a profit after tax of N614.42 million in FY 2020.
- UACN Property Development Company Plc appoints Ojo Odunayo as new CEO.
- Unilever Nigeria Plc reports a loss of N492 million in Q1 2021.