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Home Companies Corporate Updates

CBN’s financial inclusion drive achievable with tech– Expert

NM Partners by NM Partners
May 28, 2020
in Corporate Updates
Wumi Oghoetuoma, CEO, Crown Interactive

Wumi Oghoetuoma, CEO, Crown Interactive

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To help Nigeria’s apex bank, the Central Bank of Nigeria achieve financial inclusivity and accelerated growth among Micro, Small and Medium Enterprises (MSMEs), business processes will require integrated technology for optimum results.

This was revealed by the United Kingdom trained IT expert, Wumi Oghoetuoma, CEO, Crown Interactive. According to him, critical technology intervention such as CICOD Lyte would help businesses to thrive and scale above the hurdles of inefficiency, leakages and poor service delivery.

Ogboetuoma revealed this while unveiling Crown Interactive’s new offering, CICOD Lyte which will help grow and engender profitability among Micro, Small and Medium Enterprises (MSMEs).

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Shedding more light, the IT expert explains, “All organizations have business processes that enable them to deliver their products and services to their end-users. For many organizations in Nigeria, these processes are tracked manually, leading to inefficient operations, leakages and ultimately poor service delivery. Today, large organizations such as Eko Electricity Distribution Company and others currently use the CICOD Lyte solution provided by Crown Interactive to manage their key business processes and track their revenue flow.”

Explaining more, he disclosed, “CICOD Lyte provides customers with the ability to set up their online businesses immediately, manage orders, take payments and manage deliveries without the need for any technical skills. CICOD Lyte is currently offering a 30 days free trial period. Crown Interactive is offering fully integrated but modular systems that can be integrated into existing organizations’ software applications where required or operate independently to provide an unparalleled platform for automating key business processes.

Set up in 2005, Crown Interactive is a software company based in Lagos, Nigeria with a focus on delivering solutions that enable Customer Management, Workflow Management and Revenue Assurance. Wumi Oghoetuoma is a graduate of Computer Science from Kingston University, UK. His career spans over 20 years across various continents providing technology and business analysis services for global organizations such as Oracle Corporation, AOL, Virgin Media, Altech UEC and Thompson Reuters


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NM Partners

NM Partners

"NM Partners" encompasses a diverse range of articles and content published on behalf of various organizations, including corporate entities, government and non-governmental institutions, academic bodies, and key stakeholders in the economic sphere. This content spectrum covers press releases, formal announcements, specialized content, product promotions, and a variety of corporate communications tailored to engage our readership. Notably, a portion of these articles are sponsored content. At Nairametrics, while we provide a platform for these diverse voices, it is important to clarify that our relationship with the content under "NM Partners" does not imply endorsement or affiliation. The responsibility for the content accuracy and viewpoints expressed rests solely with the respective contributors. Nairametrics maintains a firm commitment to editorial independence and integrity. Consequently, we do not assume responsibility for any of the content published under "NM Partners." For any inquiries, comments, or feedback regarding the content featured in this section, we encourage open communication and can be reached at info@nairametrics.com. Additionally, we invite our readers and contributors to familiarize themselves with our Paid Post Guidelines, which outline the standards and processes governing paid content on our platform.

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