Tag: CRC

  • CRC Credit Bureau unveils credit advisory, consulting service

    CRC Credit Bureau unveils credit advisory, consulting service

    CRC Credit Bureau has inaugurated the  Credit Advisory and Consulting Service (CACS).

    In a statement, the compnay said it was designed to provide tailored credit management solutions to individuals and businesses, CACS represents a significant milestone in CRC Credit Bureau’s commitment to empowering clients with the knowledge and strategies necessary to achieve financial wellness and business success.

    With the ever-evolving landscape of credit management, individuals, and businesses alike face challenges in navigating the complexities of credit assessment, monitoring, and improvement.

    Recognizing this need, CRC Credit Bureau has developed CACS to offer expert consultation services aimed at addressing the unique credit management needs of our clients.

    Read Also: Tinubu promises to end gender-based violence, promote girl-child’s education

    “Our mission at CRC Credit Bureau is to empower individuals and businesses to make informed financial decisions and achieve their goals,” said Dr. ‘Tunde Popoola, Group Managing Director at CRC Credit Bureau. “With the launch of our Credit Advisory and Consulting Service, we are excited to provide personalized guidance and support to our clients on their journey towards financial stability and success.”

    CRC Credit Bureau’s Credit Advisory and Consulting Service (CACS) will offer comprehensive consultation packages tailored to suit the specific needs of both individuals and corporate entities. The service will include personalized assessments, actionable recommendations, and ongoing support over three months.

    With over a decade of experience, CRC Credit Bureau has emerged as the leading data company in the industry, catering to diverse information needs cutting across data and analytics, credit management and consulting services, financial education and training, and rental screening services. Our comprehensive range of products and services ensures that you have access to accurate information, enabling better strategic decisions.

  • CRC celebrates at 20 

    Student, staff and management of Christ Redeemers College (CRC) Christhill Sagamu Ogun State last week engaged in 24-hour praise and worship session to commemorate the 20th anniversary of the church.

    Principal of the college, Pastor (Mrs.) Antoinette  Omo-Osagie  said that the school had many reasons to give thanks to God.

    The school, she said, has succeeded in producing godly men and women doing very well in their various fields.

    She pointed out the seed planted 20 years ago had become a mighty Oak providing academic excellence and moral shelter for thousands.

    On the challenges facing the school, the principal lamented the deplorable Sagamu- Ikorodu road, saying it remains the institution almost inaccessible.

    Chairman Board of Governors Pastor Adeyemo praised  the vision of the founder of the CRC, Pastor & Pastor (Mrs.) Enoch Adeboye.

    He pointed out that the success stories of the school dated back to the first graduating set in 2002 christened the “first fruits”.

    On activities lined up, the chairman planning committee, Mrs. Aina Badejo, said that the anniversary would span a whole one year.

    She said there would be an opera at the Muson Centre in Lagos as well as a gala night and award presentation.

  • CRC and other stories

    CRC and other stories

    Last week, this column featured the story of the imminent collapse of the Lagos Cardiac and Renal Centre, CRC, located at the premises of the Lagos State General Hospital, Gbagada. Less than 24 hours after the story was published last Wednesday, workers at the health facility downed tools. One of their grievances is that the management of the facility that owed them about six months’ salary arrears appears not prepared to pay them. Instead, the workers were being subjected to threats of dismissal or other punitive measures aimed at covering up the management’s inability to meet up with their financial obligations to the staff.

    The management responded by intimidating the Indian members of staff. They were told that if they embarked on any strike action, they would instantly be deported back to India. That warning sent jitters through the spines of the expatriate workers. As for the Nigerians among them, the management quickly reached out to the Lagos State University Teaching Hospital, LASUTH, in Ikeja, from where they brought in mercenaries who were to replace the Nigerians. But the mercenaries ran into hitches as they could not operate the machines at the renal centre. Stalemate.

    This is the sort of cat and mouse game that has been going on at the medical facility for quite some time. The bottom-line is that the management put in place at the health facility by the concessionaire, Renescor Health LLP, a consortium of international health experts saddled with running the centre, has actually messed up the place. Like this column said last week, the centre is on the brink of collapse due to the fact that the concessionaire lacks adequate working capital to properly manage the facility. And as a way of cutting corners, those at the helm of affairs at the facility have resorted to diabolical management practices bordering on blackmail, intimidation and strong-arm tactics to cow the workers who have been bearing the brunt of the inadequacies at the hospital.

    Few months ago, some of the patients visiting the hospital were so moved by the plight of the workers that they embarked on a protest march to the Lagos State House of Assembly. Surprisingly and most unfortunately, all they got was that they were asked to go and put their grievances on paper and submit to the assembly. Since the protesters were renal patients who were merely moved to sympathy by the injustice being meted out to the staff by the management of the centre, all they simply did was to go in search of other places to do their dialysis while the rot and decay in the facility continue. As it is, the only thing that can change the misfortune of the health facility is for the Lagos State governor, Akinwunmi Ambode, to focus his binoculars on the activities of the hospital and rescue it from an impending doom.

    Away from the CRC, the re-run election in Rivers State came up last Saturday, March 19. Now the election has come but not gone yet with the cancellation or postponement of election in eight local government areas. Even with the deployment of a large contingent of security personnel to ensure peace during the election, the exercise still recorded widespread violence and killing. In the run-up to the election, it was quite obvious that there was tension everywhere as political gladiators from the two major political parties – the Peoples Democratic Party, PDP and the All Progressives Congress, APC – were busy fanning the embers of discord and acrimony all over the place.

    Since the return of democratic governance in the country in 1999, peace seems to have taken flight in Rivers State. During the election in 1999, politicians in that part of the country were alleged to have armed the bad boys in the creeks who were turned into political thugs to unleash terror on political opponents. After the elections, these bad boys were not disarmed by their paymasters and they were abandoned. In a bid to survive, the boys organised themselves into cartels of militants and that witnessed an escalation of the political and economic agitations in the Niger Delta region. The late President Umaru Yar’Adua’s government invented a masterstroke by introducing the amnesty programme. As a prelude, there was an arms mop-up in which the militants were required to voluntarily submit their arms. The exercise recorded a huge success.

    Though the amnesty programme is still in place, more arms have been pouring into the region thereby worsening the already bad situation in that region. The result is the spate of violence and killing all over the region particularly the Rivers-Bayelsa axis. During the last election in Bayelsa, it was the same story of bloodbath. In the case of Rivers, the politicians have consistently shifted the blame on cultists operating in the state. But there is no gainsaying that their godfathers and sponsors are some unscrupulous politicians who want to remain relevant in the politics of the state through unfair and foul means. These politicians have ensured that the politics that should have ushered in the greatest good for a greater number of people has now become a huge nightmare tormenting the people. This is very disheartening. Therefore, to restore peace and tranquillity to the state is an admittedly uphill task the security agents must do and do urgently before things get out of hand.

    There are too many trouble spots in the country. It is quite sad that while the terrorism and criminality in the north-eastern part of the country seems to be abating, there is a resurgence of violence going on in some parts of Benue State. Today, the Agatu ethnic group in that state have suddenly been turned into the Tutsis of Nigeria. Remember the genocide in Rwanda in 1994 in which the militiamen of the Hutu ethnic group targeted members of the Tutsi tribe and moderate Hutus claiming thousands of innocent lives. It is like the whole episode is being re-enacted in Nigeria, this time, between the nomadic Fulanis and the agrarian Agatu tribe in Benue State. And the grazing routes for the herdsmen’s cattle, remains the bone of contention. This is the underdevelopment and double-standard we are talking about in Nigeria.

    In other climes, herds of cattle are confined to ranches, but here they are allowed to roam freely, destroying crops and farmlands with impunity. All of a sudden, the Fulani man that was hitherto known to be moving about with a stick now parades AK-47 rifles and other lethal weapons with which he terrorises villagers as he moves his cattle from one community to another, destroying other people’s source of livelihood in the process. And the government has been slow in taking action to stop this growing genocidal attack on the hapless Agatu people. The questions are: Why is the government treating the Agatu people as second class citizens?  How are the Fulanis getting their cache of sophisticated weapons with which they wreak havoc all over the place? Who are the unseen hands behind this brigandage?

    And just as we are left to ponder the dilemma facing the Agatu race, Nigeria scored an international mark in criminality last week. The scene was at the National Mosque in Abuja. That day, Dr. Abdullahi Bin Abdul, the Executive Secretary of the World Muslim League in Saudi Arabia who was in Nigeria and had been accorded the honour of leading last Friday’s Jumaat Service at the National Mosque, lost his phone to some smart guys who defied the heavy security cordon around him to strike. Since stealing is a very serious offence in Saudi Arabia, perhaps, whenever the thieves are apprehended, they could be “repatriated” to Riyadh for trial so that they can taste firsthand, the Saudis’ religious extremism. Period!

  • ‘ CRC facilities, comparable to any in the world’

    ‘ CRC facilities, comparable to any in the world’

    Lagos State Commissioner for Health, Dr. Jide Idris speaks to Gboyega Alaka on the new Cardiac and Renal Centre, which he says is state-of-the-art and rare in this part of the world.

    The new Cardiac and Renal Centre is no doubt a welcome facility; tell us about it.

    To start with, cardiovascular diseases and Renal diseases, that is heart diseases and kidney diseases, are classified under what we call non-communicable diseases.  You would also recollect that the World Health Organisation, WHO, three years ago, declared that this category of diseases have attained an epidemic proportion, such that cardiovascular diseases were declared to be the leading cause of death worldwide. Even as a government, we ourselves have seen this in the course of our activities in the state. Lagos state is populated by about 22 million people and having attained the mega-city status, there are challenges that come with it; both the positive and negative. The negative has to do with the influx of cultures and lifestyle from across the globe. So we had designed strategies to address these issues.

    Let’s talk about the standard of the facility. Nigerians would like to know how well they can trust this new hospital.

    All the equipment are state-of-the-art and designed to provide that specialist care. I’m talking of that cutting edge special technology services that Nigerians travel out of the country to access. It’s a 3-floor building. The ground floor basically is for heart patients and kidney problems. There you can have 24 dialysis patients for people with renal diseases. The people who are diagnosed here are people whose illness have reached that advanced stage, called end stage renal disease. And there are only two ways these are managed. One is by dialysis, which is not a definitive management. Dialysis helps to cleanse the blood of the toxic wastes, the kidneys would have effectively cleansed if they were functioning normally. But like I said, it is not a definitive treatment, and is very expensive. Also you need to do it a minimum of three times a week. The major cure is through a kidney transplant. And you have to get a donor who has a functioning kidney, and whose kidney matches yours, so your body does not reject it, before they proceed with the transplant proper. That facility is there to take care of all of that, aside dialysis.

    On the first floor, it is mostly heart patients they see. Here we have the CT scan for diagnosis; it has echo, more like ultra-sound for the heart that can do more detailed investigation concerning the blood and the vessels. They have the ECG and the echocardiography and they can do all sorts of tests for you there. On that same first floor is the high-dependency unit; more like intensive care, where patients can be monitored intensively. They also have other facilities for training. There is a lecture room, with a screen, which is linked with the theatre on the first floor, so that while you’re operating, everything is relayed to the theatre and you can teach the students in the process.

    That means the centre is a veritable facility for the training of medical students as well.

    Oh yes. On the second floor, we have the cardiac catherization lab. Basically it’s a huge state-of-the-art equipment. It can take x-rays; it can process the blood vessels from the veins, the heart and everywhere, to see whether there is a blockade or to see where the problems are. And if they see anything, they may not necessarily have to open up your body. They can pass the equipment through your system and open up the blockade. Where they cannot do that, and a require surgery, we have two state-of-the-art theatres, on that same floor. So we can carry out diagnoses and definitive treatments. You can also use the facility to train different categories of health workers: doctors, medical students, residents who are training to be consultants; we can train nurses and doctors on how to care for those who are on intensive care; we can train other health workers and sentries. All that is part of the package.

    You said the government had designed a strategy to address health issues in the state. How did this facility fit into that design?

    Now going back, we did not just decide to put up the facility. We had to start from the bottom. We had a strategy as a government to build infrastructure, to do primary health care, we do healthcare financing, we do health promotion and disease prevention. Health promotion and diseases prevention is very essential, because they are very crucial to cardiovascular diseases and renal diseases. These conditions arise as a result of risk factors of the people, which may be due to lifestyle, habit or diet.  He I’m talking of your eatery habits, the Chinese restaurants, and co. Most of these foods are very high in salt, high in fat, high in so many things that you should not just take for granted. All these things predisposes you to having heart problems, because if you have too much fat, the fat could be deposited in your blood vessels and if it gets too much overtime, it can start narrowing those blood vessels, so that blood cannot flow properly. And if this happens, the heart is going to have to beat faster to pump the same amount of blood and if your heart continues to do that for so long, the heart is going to become weak and may not be able to pump as much again. That’s what is called heart failure. Again, if the fat blocks the vessel, this deprives the heart of oxygen and nutrients, and that part of the heart where the vessels supply can die. This is what is called heart attack.

    Is this facility available for people who may want to do regular body checks?

    No. It is a tertiary facility. It’s a referral hospital and if you allow just anybody to walk in, the people there would not be able to the job for which they are paid. They are performing specific expertise functions. The man, who is going to open your blood vessels, is not going to sit down and start asking you questions. As a government, we have the primary health care centres, we beef up the general hospitals, which are the secondary healthcare centres and LASUTH here is a tertiary health facility. 70% of the illnesses that you come across in this state can be treated at the primary health care centres. It is where they cannot take care of them there that you’re referred to the secondary facilities (the general hospitals); and is only if they cannot handle them there, that you’re referred to the tertiary facilities. Even at the teaching hospital, they have limitations, and that is why this facility (the CRC) is an annex of the teaching hospital and they can refer cases there. And here they don’t waste time, because by the time you get there, it’s an emergency or a difficult situation that requires serious diagnostic procedures.

    The governor also said the place is open to patients even from the sub-region. Would that means that it is also a veritable income earner?

    Oh yes, it has the potential to earn income, because not many facilities of its kind can be found in this part of the world. Take the cathlab (catherization lab) for instance. What we used to have in those days is much different from what we have now because of technological advancement.

    There is also that part about the government providing free treatment for indigent Nigerians in need of treatment at the centre; how do you hope to accomplish that, considering that Nigerians like to take advantage of opportunities irrespective of their economic status?

    The people managing the facility are doing it as a business. They’re going to pay the salaries of those recruited; they’re going to pay for consumables and several other things, so they have to make money. What we’ve done is to reach an agreement with the management that a fixed proportion of those people that are referred there from LASUTH will be treated free. They must also be certified to be indigent, and we have criteria for determining that. But if they’re more than ten percent, the state government will take care of the extras.

    Can you give us a statistics of the rate of cardiac and renal cases in Nigeria, and how it prompted this facility?

    Like I told you, it’s a continuum. We started with advocacy and sensitisation, telling people what hypertension is, what diabetes is, what kidney disease is; what can cause them; what kind of lifestyle can lead to them. Take for instance kidney diseases. There are many things that we do and take for granted in this part of the world that can lead to the situation. Take simple abuse of analgesics for instance. If you take too much of panadol, paracetamol, alabukun without recourse to proper dosage, they have effect on your kidney. Then also all the concoctions: paraga, alomo and all the likes, can affect your kidneys. I can tell that that is why we’re beginning to see all sorts of kidney disease cases today. Meanwhile the people don’t know. So what we did was start our screening exercise programmes, and from that, we discovered that about 30% of the people were hypertensive, which tallies with the global statistics. By the way, hypertension is a form of cardiovascular diseases. Worldwide, about 15 percent of the people have cardiovascular diseases. Now imagine that 10 percent of Lagos’ 22million people have this disease. That is about 2.2million. Still talking about kidney diseases, there is a serious shortage of resources in terms of where people can be treated. I don’t think we have more than 50 centres where people can go do dialysis in the whole of Nigeria. And about 30% of those are in Lagos and about 80% are in the private sector. So we still have a shortage of dialysis centres for people who need them. Now juxtapose that with our huge population of poor people, who cannot afford dialysis two times a week, not to talk of a kidney transplant.

    Quoting the governor, ‘job done;’ but don’t you foresee the problem of pressure on the equipment, considering that this is the only facility of its kind in a country of 180million people?

    Yes. I did say that by the time the facility is fully functional, it will be completely overwhelmed. And that’s why we need many more of it. By taking this step, we have shown that it is doable. It’s also an incentive for private organisations who might be interested to come in. I also know of a few states that are already taking a cue from Lagos state and are ready to replicate it.

    Having a world class facility is one thing, having an up to per experts on ground to run it is another. Tell us of the staffing arrangement.

    We have a shortage of very serious specialists in this country. We have very few cardiologists who can cater to the cardiac health issues that arise in the country. Ditto for nephrologists and urologists, for the kidney diseases. Besides, there are specific procedures that are required in diagnosing. Take for instance cardiac cathetarization. It’s a specialty called interventional cardiology. So we do not only use that machine to make a diagnosis, it can also institute treatment. And that’s special expertise. You need to have been trained in medicine; then you do a sub special in cardiology, and then a sub-sub special in interventional cardiology, before you can attain that specialty. There are very few of them in Nigerian. As a matter of fact, I don’t think they are up to five. And see the number of patients they need to see. The same with other four specialties you have in cardiology. Not to talk of urology and nephrology for kidney conditions. But what we discovered was that there are people, Nigerians, who are working in America or Britain, who have these expertises and we decided to attract them back with this kind of facility. And that’s why we have partnered with the group in charge now, the Renescor Team. They have the capacity to run the facility. It’s a consortium of people with the right expertise who are either in Britain or America; most of them, Nigerians. Not only that, we needed nurses who have specialty in intensive care. But part of the agreement is that there must be proper skills transfer to our people. So, they’re going to have a proper handshake with LASUTH, where they can treat residents, train medical students, and consultants who want expertise in certain areas can be trained, along with the nurses. We actually threw it open and organisations applied, and that’s how we settled for Renescor.

    There is that brash habit of our medical personnel that even our own people complain about and which they say is non-existent in the foreign hospitals; what measures are you putting in place to make sure that does not rear its ugly head in this new environment?

    No, that’s not likely. One of the significant points to note is that those people are coming over with a different culture. And it is that culture that they’re bringing over that they will automatically transfer to the new staff they employ. So this kind of thing will not happen in this facility.

    As we speak, has there been any major operation carried out at the centre, be it cardiac or renal?

    Even before we commissioned the centre, we’ve had over 160 dialysis sessions. Because we had to be sure all the equipments were working well. I also know that about four patients have been attended to in the cardiac catherization lab. And, no, they’ve not done a kidney transplant yet. That process is a bit long. We should get there within the next six months. Don’t forget you have to make the diagnosis, look for a donor, match the donor; and prepare the patient for the transplant. But if you’re asking whether they can carry out a successful kidney transplant or other major heart surgeries, I’d say yes.

    What are the chances of children with hole in the heart?

    Oh yes. With that cath facility they can repair a lot of them there, depending on the nature. Or they can make use of any of the other two theatres. A lot of the children with hole in the heart can be treated there. Some of them are minor while some are more complex. The complex cases, once they finish the operation, they take them to the intensive care section, where the nurses and other personnel will take good care of them.

    Cancer. When are we going to get round to that?

    Well if you look at that hospital in Gbagada, there is an undeveloped space not too far from the Cardiac and Renal Centre, earmarked for a cancer centre. There is a space where we’re going to have a full diagnostic centre, with facilities to support the projected Cancer Centre, the Cardiac and Renal Centre and all the other health facilities. We also have spaces reserved for hotel-styled accommodation, where people who come from afar can stay with their escorts, or even the experts we bring in can also stay.

    Your message to Lagosians and indeed Nigerians regarding this facility and other health issues.

    Adopt proper lifestyles; check your diet; no smoking; no excessive drinking; because all these things have their effects on the heart and kidneys. Go for regular exercises, so that you don’t get overweight, because all these predispose you to heart and kidney problems. Go for regular checkups and do what your doctors say. Most especially however, if you develop any of these conditions after taking all these care, be rest assured that you have a place in Lagos State, where they can carry out all the necessary treatment on you, without you having to travel out at high cost.

  • CRC bags best loan application services provider award

    The CRC Credit Bureau Limited has won “the Best Loan Application Services Provider Nigeria Award for the year 2014.

    The award which was conferred by Cfi.co (Capital Finance International) is in recognition of the CRC’s outstanding provision of credit information to financial services companies and other lenders as well as being a key partner to banks and credit companies in Nigeria.

    The awarding organization which is a print journal and online resource reporting on business, economics and finance with its headquarters in London applauded the CRC for its “peerless standard services; and feel confident in granting the best loan application services provider award 2014 to the company”.

    The awards identify individuals and organizations that truly add value. It is also interested in other small companies which might otherwise go unnoticed in the international stage but contribute to global progress.

    “We want to demonstrate through those programmes the many ways in which the economies of the world are converging: best practice can be found everywhere around the globe and we can all learn from each other”, Cfi.co stated.

    The organization further noted that the initial nominations for the various awards were based on inputs from readers, subscribers, contributors and visitors to its site.

    The judging panel reviewed the information generated during the nomination process and drew “on their members’ expertise to identify candidates for award consideration.”

    It explained further that “shortlisted nominees are often given the opportunity to furnish the judges with extra information as the process continues.

    The Cfi.co stated that it subsequently “brings into focus, the critical eye of a combined 170 years of business leadership and experience in financial journalism to make informed award decisions”.

    The CRC Credit Bureau is a private limited liability company established by a consortium of eleven (11) leading financial institutions in Nigeria in association with Dun and Bradstreet (a leading global credit information services provider) for the purpose of creating and operating a corporate credit bureau in Nigeria.

    Speaking on the awards, Tunde Popoola, Managing Director, CRC Credit Bureau said: “the management of CRC is pleased to receive the award, which is a testimony to the recognition of the silent revolution in credit and risk management process, being championed by our company.

    “We are elated that so soon, with just about five years of live operations, respected institutions and individuals are beginning to take note and recognize our pioneering role in promoting information sharing among lenders in Nigeria, thereby making lending in the dark a thing of the past.

    “We are encouraged by this award and we hope to continue to bring innovative processes and products to support our customers”.

    Similarly, Asia Plantation Capital won Global Sustainability Award; AHLI United Bank for Best Regional Bank GCC, 2014; Morgan Stanley bagged Best Institutional Broker UAE 2014; while Lafarge was conferred with “Our Corporate Governance Winner”.

    Others include Exxon Mobil, being awarded for Best HSE Standards in West Africa; Africa Re won Best Insurance Company in Africa; North America CSR Award to AMD; Best Investment Bank to Group Bank Columbia; Emirates Airlines won Corporate Leadership Award; Alexander Forbes Bagged Best Corporate Governance Award in South Africa; HSBC as Best Pension Fund Advisory in Brazil and Julius Bar as Best Private Bank in Switzerland.