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Sterling Bank Partners Helium Health and Ekiti State On Digital Healthcare Service

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Sterling Bank - Investors King

Sterling Bank Plc has partnered with the Ekiti State Government and Helium Health on the installation of an Electronic Medical Record (EMR) system in hospitals in Ekiti State for digital health care service delivery to the people of Ekiti.

The bank and the state signed a Memorandum of Understanding (MoU) at the Data Bank Building, Ministry for Health in Ado-Ekiti, Ekiti State.

Sterling Bank had outlined the health sector as one of the five sectors where it is focusing investments under ‘HEART’ one of Sterling programme in a bid to make an impact in the Nigerian economy. The other sectors are education, agriculture, renewable energy and transportation.

Group Head for Health in Sterling Bank, Mrs Ibironke Akinmade noted that health care will greatly improve in Ekiti by the time the EMR is fully in place.

“This will bring an end to the practice of carrying files from office to office in hospitals and clinics across the state. She added that mismanagement of data would also become a thing of the past,” Akinmade said.

enjoy better medical attention. Sterling Bank had set aside money for this project six months ago. We had already done it in other states and we plan to go to as many states as possible.

“Health is one of the five pillars of Sterling Bank. It is a sector that is very dear to us as a bank because we are very passionate about the well-being of every Nigerian. Rather than just do our traditional business, we want to enrich lives,” Akinmade said.

Head, Regional Growth, Public Sector, Helium Health, Mr. Abiola Osunniyi said the agreement will enable critical health infrastructure for digitisation of four hospitals in Ekiti that will be used as pilots before expanding to other hospitals.

“The essence is to digitise the patients’ data so that our doctors can access them easily for improved and quick healthcare delivery. One of the core mandates of the state government is the delivery of quality health care to the citizens. So, as a private organisation, we want to support the state government through the provision of technology in hospitals.

“We have done this partnership with Akwa Ibom and Lagos, primarily around bridging the existing gap that exists in patients’ data because there is usually a gap. The old days when patients’ data are kept primarily on papers are over.

“In most cases, patients’ records got lost, but with the provision of this digital infrastructure, their data can be protected. In cases of lost patient data, doctors may ask patients to repeat treatments (operations, tests, etc. ) that might be deleterious to the patients. We plan to introduce an electronic medical record (EMR) system so that at the mention of a patient’s name, the records will be displayed. Accurate health care data and storage can affect healthcare administration positively,” Osunniyi said.

Ekiti State Commissioner for Health, Dr. Oyebanji Filani said the project will remove redundancy in hospitals and inject modernity into the healthcare system in the state.

He said technology is a critical weapon that can strengthen the health sector through accurate collection, processing and storage of health care records that will improve the quality of healthcare services by providers.

“Digitisation process in health system all over the world helps to reduce wastages and redundancy as well as inject transparency and accountability into medical facilities. I know there will be a tremendous improvement in the keeping of health care records and significantly improved turnaround time in the delivery of healthcare services in our facilities with this technological intervention,” Filani said.

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Akinwumi Adesina Lauds Dangote Commitment to Africa’s Growth After Visiting Dangote Refinery

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Dangote and Akinwumi

The President of the African Development Bank Group, AKinwumi Adesina has lauded Aliko Dangote’s dedication to Africa’s growth.

Akinwumi, who was on a visit to Dangote Refinery with his wife, said the $16 billion investment is the largest single-train refinery in the world. He described the petrochemical industrial site as a game-changer for Nigeria and the entire Africa.

“I was delighted to visit Dangote’s incredible world-class refinery and petrochemical plant with my wife Grace, with @AlikoDangote and @realFemiOtedola. The power of vision. Whenever the two billionaires get together they do great things! Nigeria is proud of them,” Mr. Akinwumi stated via his official Twitter handle @akin_adesina.

Dangote, Otedola and Akinwumi and his wife, Grace

Dangote, Otedola and Akinwumi and his wife, Grace

“I was very impressed with Dangote’s refinery and petrochemical industrial zone. A $16 billion investment. The largest single-train refinery in the world. It shows Africa’s power to industrialise. A game-changer for Nigeria & Africa. Well done @AlikoDangote! I am proud of you.”

On Monday, Investors King reported that Dangote Refinery has perfected plans to start processing as much as  540,000 barrels of oil per day in the third quarter of 2022.

The refinery has a processing capacity of 650,000 barrels per day. However, it is kick-starting operations with 540,000 barrels per day while the Refinery is expected to generate 400MW, an equivalent of Ibadan Electric Distribution Company (IBEDC).

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FG Has Empowered 4million Businesses With N150bn in Five Years– Osinbajo

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The Federal Government of Nigeria, in the last five years, has disbursed N150 billion to boost four million businesses across the country.

The business empowerment was done through the federal government schemes set up for micro, small and medium enterprises (MSMEs), Vice-president Yemi Osinbajo says.

Osinbajo stated this on Monday, in a statement issued by his Spokesperson, Laolu Akande while delivering his keynote speech at the Bank of Industry (BOI) ‘Aid for Productivity Report’ launch. 

He noted that the support for the MSMEs sector amounts to 50% of Nigeria’s GDP and 76% of the country’s labour force.

The vice-president pointed out that the sector attained success due to the diligence and commitment of Nigerians which he described as ‘the Nigerian can-do spirit and the entrepreneurial DNA we carry.’

Impressed with the results derived, Osinbajo commended the youths who took advantage of the MSMEs schemes to grow their business.

“This is a shining case study of what President Muhammadu Buhari strongly believes– that Nigerians will solve Nigeria’s problems.

“This is an example of what we can achieve when we unleash the best of our people, especially our young, on the toughest of our challenges and give them the free-hand to deliver results. 

“What might also not be obvious is the sheer scale of impact that has been achieved with these programmes, as over four million Micro, Small and Medium Enterprises have been direct beneficiaries of the over N150 billion deployed in the past five years,” he said.

Disclosing the statistics of the beneficiaries, Osinbajo said 57% of the businesses are owned by Nigerians below 35 years, and 60% of the beneficiaries are women. 

He added that the team of Nigerian professionals solidly backing the work are youths with an average age of 28 years. 

Osinbajo, who had earlier visited Kaduna and conversed with a Tradermoni scheme beneficiary during its launch in the state, expressed satisfaction on the impact of the scheme.

He said the beneficiary, Jafar Abubakar who sells ginger and garlic was one of the 5,000 traders who got ₦10,000 to improve his business.

“This is perhaps for me one of the most satisfying things about the way our social intervention schemes are deployed. That there is a platform that can process applications from potential beneficiaries, payout credits or other benefits, and maintain auditable records seamlessly. It is those people and infrastructure that make this happen that we are celebrating today.”

The vice president hinted that the idea was birthed 6 years ago with the aim of building systems that will serve the population fairly and justly, bringing credibility to government programmes. 

He, however, mentioned that one of the hindrances encountered was directly reaching the people, to capture and digitize their bio-data as well as get their benefits across to them directly in a transparent way.

Osinbajo lauded the infrastructure and transparency behind the BOI Growth schemes.

He also commended Toyin Adeniji, executive director of BOI and Uzoma Nwagba, the chief operating officer; the co-authors of the ‘Aid for Productivity’ report presented at the launch.

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SEC Gives Dangote Cement Waiver to File AFS Within 60 Days of Year-End

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Dangote Cement Plc has received approval from the Securities and Exchange Commission (SEC) not to file its fourth-quarter unaudited returns within thirty days of its period end.

The company disclosed in a statement signed by Edward Imoedemhe, Deputy Company Secretary.

However, the company must file its annual audited financial statements within sixty days of its year-end.

Dangote Cement, therefore, announced that it will file its Audited Financial Statements for the period ended December 31, 2021, on or before February 28, 2022.

The statement reads “Dangote Cement Plc (“DCP”) hereby announces that further to its request for a waiver, the Securities and Exchange Commission has granted approval for DCP not to file its Fourth Quarter Unaudited Returns within thirty days of its period end, but to file its Annual Audited Financial Statements within sixty days of its year end.

“In view of this, DCP will file its Audited Financial Statements for the year ended December 31 2021, on or before February 28 2022.”

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