Nigerian smart card plant supports expansion of financial services to poor
23.01.2015
Due to an editing error, the story, "Nigerian smart card plant supports expansion of financial services to poor," posted on the wire Thursday, incorrectly reported that Lagos is the capital of Nigeria. Abuja is the capital city of Nigeria; Lagos is the country's main commercial city. The second paragraph of the story has been corrected and now reads:
The plant, built by Nigeria-based SecureID, will be based in the country's commercial capital, Lagos, and produce mostly payment cards such as credit, debit and prepaid or personalized card services with various combinations of functions including payment (Visa/MasterCard/Verve), photo identification, Mifare contactless access control and biometric match-on cards. It is fully Nigerian-owned and 95 percent of its staff will be composed of local workers. The plant will have annual production capacity for 200 million cards.
IDG News Service staff