Afribank Nigeria Plc has launched its tertiary institutions consumer banking initiative in Auchi, with the presentation of laptop computers to staff of Auchi Polytechnic and the sponsorship of internet connectivity in the institution.
The bank also presented 50 personal computers to the school authorities to aid rapid computerisation of its operations.
Launching the programme in Auchi, the Group Managing Director/CEO of the bank, Mr. Sebastian Adigwe, said that the initiative is one of the steps that will revive the standard of education in the country.
The presentation of the personal computers was done under the Computer for all Initiatives (CaNI) project being undertaken by Afribank in partnership with Omatek Computers Plc.
Adigwe explained that the extension of CaNI project to Auchi Polytechnic would aid skills acquisition and staff empowerment and assist in the integration of the school to the knowledge economy.
He commended the Rector of the Polytechnic, Dr. Mrs Philipa Idogho and the entire management of the institution for working hard to attract credible programmes to the institution.
The Group Managing Director stated further that the CaNI project at Auchi Poly is one of the ways Afribank is deploying to make life easy for staff and students. Afribank’s consumer programme allows the individual to pay over a 36-month period.
The top-flight banker pledged the support of the bank to also train the Polytechnic staff.
In her speech, the MD of Omatek Computers Plc, Mrs. Florence Seriki thanked Afribank for its interest in the development and growth of Nigeria. She said the computers were one of the best in the world with components sourced from top class companies. She noted that the partnership with Afribank in the task of bridging the digital divide between Africa and the rest of the world has been working.
The Rector of the Polytechnic, Dr Mrs Philipa Idogho congratulated Afribank for the initiative, and for accepting to train staff of the institution in the area of information technology.
She also thanked Afribank for making the computers affordable.
Category Archives: Internet
Afribank Presents Computers to Auchi Poly
Teen made computers ‘zombies’
CHEYENNE — A local teenager has been charged in connection with an elaborate computer virus scheme that officials say turned thousands of personal computers into “zombies” and used them to rip off banking and credit card information.
Jason Michael Milmont, 19, has agreed to plead guilty to a federal charge of unauthorized access to a computer to further a fraud, according to the U.S. attorney for the Central District of California.
Federal prosecutors allege that Milmont spread the virus, called the “Nugache Worm,” through junk e-mail and by tricking people to download a phony copy of a peer-to-peer software program called Limewire.
Once the virus was inside a computer, Milmont could order the machine to turn over valuable banking and credit card information, court records allege.
“All the data stored on the compromised machines would be available to (the) defendant, including, but not limited to, credit card information,” according to court documents filed by prosecutors.
Japan Stocks Fall in U.S.
July 2 (Bloomberg) — Japan’s stocks fell in the U.S. after auto sales plunged in June in the world’s biggest vehicle market, diminishing the earnings outlook for Japanese automakers.
U.S.-traded receipts of both Toyota Motor Corp. and Honda Motor Co., Japan’s two largest carmakers, sank 0.9 percent from the closing share price in Tokyo yesterday. Toyota and Honda get more than half of their operating profit U.S. sales.
The Bank of New York Japan ADR Index, which tracks Japanese companies’ American depositary receipts, slid 0.2 percent. Nikkei 225 Stock Average futures expiring in September last traded at 13,505 in Chicago, 0.3 percent higher than the close of 13,460 in Osaka and 0.2 percent up from 13,475 in Singapore yesterday. The Nikkei dropped 0.1 percent to 13,463.20 yesterday, a ninth-straight decline, the longest streak since September 2004.
“Stocks have fallen to a level that may prompt investors to buy,” Hiroichi Nishi, a Tokyo-based equities manager at Nikko Cordial Securities Inc., said in an interview with Bloomberg Television. “We’ll see a rally for the meantime, though the outlook remains hazy.”
Auto sales in the U.S. plunged in June as consumers turned away from gas-guzzling trucks and found small cars in short supply. General Motors Corp. reported a 19 percent decline, and Toyota’s sales dropped 21 percent.
Commodities
Crude oil for August delivery rose 97 cents, or 0.7 percent, to settle at $140.97 a barrel. The price gained 38 percent between April and June, the biggest quarterly jump in nine years.
June auto sales plummet
June was a dismal month for auto sales nationwide, hurt by a sluggish economy and poor sales of trucks and SUVs.
Many of Hawaii’s auto dealers are also coping with double digit declines compared to a year ago.
Last month was the worst June in 17 years for the U.S. auto industry.
Analysts say expect more dismal months ahead.
As gas prices continue to go up…
“Every day the gas is going higher and higher and higher,” said SERVCO customer Barry Wong.
…auto sales continue to go down.
Nationwide last month, GM sales dropped 18%, Toyota’s U.S. sales fell 21%, Ford sales tumbled nearly 28%, and Chrysler took a huge hit, with sales down nearly 40% compared to June 2007.
Here in Hawaii, SERVCO officials say they’ve also noticed a double digit decrease in sales compared to a year ago.
Meanwhile, at Windward Auto Sales, where trucks used to be their top sellers –
“Nowadays it’s the opposite people are trading out of the trucks because they can’t afford the gas prices,” said Clifton Reed, Windward Auto Sales New Car Sales Manager.