Connect with us

Broadcasting

Vintage Confluence Assures on Lightning-speed Transactions, Advocates Technology Innovations

Published

on

Kindly share this post

Vintage Confluence LLC, leading global Bitcoin trading company, has assured its existing and prospective clients of lightning-speed transactions that would ease their burdens and eradicate the delays that pose a threat to their bitcoin business transactions.

Precious Aire, Chief Executive Officer of Vintage Confluence LLC, gave the assurance while delivering his speech at the 2021 edition of the NITRA Technology Forum, organized by the Nigeria Information Technology Reporters Association (NITRA).

Aire, who was represented by the company’s media consultant, Patrick Aigbokhan, also emphasized on the need for enhanced technology innovations that will boost initiatives in the ICT industry.

He said: “Vintage Confluence as a company has been able to explore the required technology innovations to solve the bitcoin trading problems that formed the bane of smooth trading for investors over the years.

“We offer lightning-speed transactions taking just 10-30 minutes every 24 hours of the week in regular circumstances. We even could do better if we find a more efficient web hosting system.

Advertisement

This is the reason we embrace this forum because it tends to address an innovation that calls for the achievement of speedy online trades.”

While expressing his view over the possibility of Nigeria’s ICT industry achieving 30% growth in local Cloud hosting by 2024, the Vintage Confluence CEO said: “What makes the global village? It is nothing other than technology innovations. And for the intentions of the global village to thrive, there is a dire need for re-iterating and addressing the adoption of Cloud hosting, which now happens to become sacrosanct in the daily movement of data usage in the present global business world.”

He went further to explain the relevance of the Cloud: “Cloud hosting is a type of web hosting which uses multiple different servers to balance the load and maximize uptime. Instead of using a single server, your website can tap into a “cluster” that uses resources from a centralized pool. This means that even if one server fails, another kicks in to keep everything running.”

Responding to the theme of the event, ‘Achieving 30% Growth in Local Cloud Hosting By 2024’, Aire said: “So, I am strongly optimistic that 30% growth in local cloud hosting by 2024 is achievable in Nigeria. And when this happens, what do we expect of a company like Vintage Confluence whose dedicated service depends on the quality of network efficiency for speedy response communication to the need of our clients?

For us at Vintage Confluence LLC, we are a leading global organization that offers solutions to Bitcoin Holders who need to sell their Bitcoins in exchange for instant cash in Nigeria and South Africa.”

Advertisement

He further explained that the company’s mission is to provide traders with the most comprehensive web-based trading platform available with no hassle or verification. “We are recognized as the most reliable, fastest and cheap e-currency exchanger with collective experience dating back to the origin of Bitcoin.

No other platform offers a mix of security with convenient transparency, trust, honesty, and customer service like Vintage Confluence does.”

“As a company that only buys and not sells Bitcoins, we have been an active leader and certified vendor in the cryptocurrency industry since 2019, and our company has been able to provide amazing exchange rates and quick execution of payment from small orders to large orders. This platform provides a seamless interface between the trader and Vintage Confluence as its Vendor,” he further elucidated.

Aire also noted that Vintage Confluence has been devoted to the constant revolution of the company by listening to its users and enhancing its product mix to satisfy their requirements.

Vintage Confluence is committed to providing an exceptional customer experience in building a long-term relationship with both existing and prospective clients.

Advertisement

“Every day, thousands of users around the world use Vintage Confluence LLC, and they have become our best advertisers. With our minimum trade acceptance of $1000 USD worth of Bitcoin, customers receive immediate payment into their bank accounts on transactions, which makes trading with our company an experience to always remember.

“If you need to know further about us and our services, please visit our website www.vintageconfluence.com or follow us on Instagram @vintage.llc, and LinkedIn: Vintage Confluence LLC.

At Vintage Confluence LLC, we are the grandmasters of trading Bitcoins,” he added.

Kindly share this post

Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

Broadcasting

BON Establishes Six Ad Hoc Committees to Modernize Broadcasting

Published

on

Kindly share this post

Broadcasting Organization of Nigeria (BON) has established six committees to help strengthen and modernize the country’s broadcasting industry.

The committees will focus on content creation, skills development, digital transformation, sustainability, policy and commercial opportunities

The initiative aims to support industry growth and improve collaboration between broadcasters, regulators and media experts

The official launch recently, was led by Tony Akiotu, president, BON and attended by media professionals, program directors, former journalists and heads of specialized media organizations.

The event brought together several prominent figures in Nigeria’s media industry, including veteran broadcaster and trainer Bimbo Oloyede, Tony Uyah of M4S TV, Kingsley Uranta of Channels Television, Ismael Sani of Platinum TV and Ibrahim Shehu of Trust TV.

Advertisement

Together, they are expected to help drive innovation and support the growth of Nigeria’s broadcasting sector.

According to Akiotu, the committees are intended both to help shape industry policy and to provide a forum for dialogue between BON and broadcasting experts.

Akiotu said the ad hoc committees were intended to strengthen BON’s work and ensure that the umbrella body for Nigeria’s broadcasters played a more direct and meaningful role in developing the country’s broadcasting sector.

The six committees reflect the sector’s main priorities. The first focuses on collaboration and innovation to promote content creation.

The second is dedicated to training and talent development, while the third focuses on industry sustainability by improving the sector’s long-term financial viability.

Advertisement

A fourth committee will focus on digital transformation and work with the National Broadcasting Commission (NBC) on regulatory issues.

The remaining two committees will oversee public policy advocacy and the development of sports and commercial rights to help broadcasters increase revenue and attract more investment. Together, the committees are expected to guide BON’s efforts to modernize and strengthen Nigeria’s broadcasting industry.

The committees, chaired by members of BON’s General Assembly and supported by the organization’s Secretariat, have an initial 12-month mandate that may be renewed if necessary.

They are required to submit a progress report within three months and implement approved recommendations within the following six months.

The arrangement is intended to ensure close oversight and the timely implementation of their work.

Advertisement

Akiotu also reminded committee members that Nigeria pioneered television broadcasting in Africa and urged them to carry out their work with greater effectiveness and efficiency.

Kindly share this post
Continue Reading

Broadcasting

NELFUND Investigates 34 Universities Over Students’ Missing Tuition Refunds

Published

on

Kindly share this post

Nigerian Education Loan Fund (NELFUND) says it is investigating about 34 tertiary institutions over allegations that they failed to refund students whose tuition fees were paid twice under the Federal Government’s student loan scheme.

The Managing Director of NELFUND, Mr Akintunde Sawyerr, disclosed this during an interview on Arise Television.

Sawyerr said the agency had deployed a five-member investigative team, including operatives of the Economic and Financial Crimes Commission (EFCC) and internal auditors, to examine the allegations.

According to him, the investigation was prompted by numerous complaints received from affected students.

“As of right now, there are 34 institutions that we are looking at closely with respect to this issue,” he said.

Advertisement

Sawyerr explained that the double payment issue arose because President Bola Tinubu directed that the student loan scheme commence in the middle of an academic session instead of at the beginning.

He said the decision compelled many students to pay their tuition fees to meet registration deadlines while awaiting approval of their loan applications.

“What happened is that a lot of schools got double payment; some from the students and some from us,” he said.

“The refund process is entirely out of our hands. It is the recipient of the double payments that is obliged to make refunds to the students.”

The NELFUND boss noted that many students had borrowed money from family members, friends and other sources to pay their tuition with the expectation of receiving refunds once the loans were disbursed.

Advertisement

He said while some institutions had promptly refunded affected students, others had failed to do so.

“Some have been very good at this. Others haven’t been so good at it,” Sawyerr said.

“I reserve judgement on the intentionality around it because, for some of them, they just didn’t have the process to make refunds.”

Sawyerr disclosed that NELFUND was exploring a tokenised payment system that would enable students to authorise tuition payments directly to their institutions, thereby reducing the likelihood of duplicate payments.

He said the agency deliberately chose not to disburse tuition loans directly to students to minimise the risk of fund diversion.

Advertisement

“Paying the funds to the students could really lead to the temptation for them to divert and do other things,” he said.

The managing director, however, acknowledged that NELFUND lacked the statutory powers to compel institutions to refund students or prosecute officials found culpable.

He added that many frustrated students had submitted complaints not only to NELFUND but also to anti-corruption agencies, including the EFCC and the Independent Corrupt Practices and Other Related Offences Commission (ICPC).

Sawyerr also expressed concern over increases in tuition fees by some institutions following the introduction of the student loan scheme.

He said NELFUND had declined to pay institutions that increased their tuition fees beyond acceptable levels.

Advertisement

“Some schools, because they get paid easily, started to put up their fees. We refused, point blank, to pay institutions who had hiked their fees beyond a certain level,” he said.

He reaffirmed the agency’s commitment to investigating every reported irregularity and strengthening the implementation of the student loan programme through continuous monitoring and internal reviews.

Kindly share this post
Continue Reading

Broadcasting

Obi, NDC Presidential Candidate Faces N50Bn Defamation Claim over Alleged Podcast Remark

Published

on

Kindly share this post

Abayomi Arabambi, national vice chairman (South-West) of the Labour Party, has demanded a public apology, a retraction, and N50 billion in damages from Peter Obi, presidential candidate of the Nigeria Democratic Congress (NDC), over an alleged defamatory statement made during a podcast interview.

Obi, NDC Presidential Candidate Faces N50Bn Defamation Claim over Alleged Podcast Remark

The demand was contained in a letter issued by the law firm Neplus Ultra Attorneys and signed by Anderson U. Asemota, Peter O. Asimegbe, and Stanley C. Eziefulle on behalf of Arabambi.

According to the letter, the legal dispute arose from comments allegedly made by Obi during the interview, where he reportedly stated that Arabambi “does not have an address.”

Arabambi’s legal team described the statement as false, malicious, and defamatory, arguing that it portrayed their client as a faceless individual without legitimacy, credibility, or standing in public life.

The lawyers further claimed that the interview was widely circulated on television stations and digital platforms, exposing Arabambi to public ridicule and damaging his reputation.

Advertisement

“Our client has had a known residential and business address, maintains professional and political affiliations within Nigeria, and has never been a person whose whereabouts or identity were unknown,” the letter stated.

The legal team maintained that the alleged publication caused embarrassment and harmed Arabambi’s public image and political standing.

As part of their demands, the lawyers called for an unreserved public apology to be aired on national television, published on Obi’s verified social media platforms, and carried as full-page apologies in national newspapers.

They also demanded the payment of N50 billion as compensation for the alleged injury to Arabambi’s reputation, dignity, political standing, and public image.

 

Advertisement

Kindly share this post
Continue Reading

Trending