Broadcasting
Vintage Confluence LLC Pledges to Provide Customers with Exceptional Experience

Precious Aire, Chief Executive Officer, Vintage Confluence LLC, has reaffirmed its resolve to provide exceptional customer experience in building a long-term relationship with both its existing and prospective clients.

Vintage Confluence LLC, is a web-based cryptocurrency trading platform, that has been able to explore the required technology innovations to solve the bitcoin trading problems that formed the discouragements that some prospective investors and individuals struggled with over the years.
Precious Aire, dropped this hint at a Technology Forum organized by the Nigeria Information Technology Reporters Association (NITRA) in Lagos on Thursday.
Speaking on what the Company stands for in the technology revolutionary era, through a representative, Patrick Aigbokhan, Aire said that Vintage Confluence LLC offers lightning-speed transactions taking just 10-30 minutes 24/7 in regular circumstances.
“We even could do better if we find a more efficient web hosting system”.
Speaking on the purpose of the gathering he said that the country can achieve 30℅ growth in local cloud hosting by 2024.
“Yes, it is possible with all that our speakers have unraveled here, and with the strong pens in the hands of NITRA as the driver of the industry’s vehicle.
“We can’t afford to ignore prominent issues like this at a time like this when the need for technology-driven innovations have almost become the breadth, or let me say, the live wire of business in the global village.
“To start with, 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”, the CEO explained.
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.
“This is the reason we embrace this forum because it tends to address an innovation that calls for the achievement of speedy online trades.
“I am strongly optimistic that 30℅ growth in local cloud hosting by 2024 is achievable. 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 & South Africa.
“We only buy Bitcoins, we don’t sell.
“Our 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.
“We have been an active leader and certified vendor in the cryptocurrency industry since 2019, Vintage Confluence 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.
“Vintage Confluence LLC has been devoted to the constant revolution of the company by listening to its users and enhancing its product mix to satisfy their requirements.
The CEO pledged the Company’s commitment to providing an exceptional customer experience in building a long-term relationship with both existing and prospective clients.
Earlier in his welcome speech, the Chairman of Nigeria Information Technology Reporters’ Association (NITRA), Chike Onwuegbuchi, said that the theme: “Achieving 30% Growth In Local Cloud Hosting By 2024”, was carefully selected to enable stakeholders in the information and Communications
Technology to discuss issues that will bring growth and development to the sector.
“This edition”, he said, “we are looking at local cloud hosting a very important aspect of technological development.
“Cloud computing has been described as the greatest game changer since the creation of the internet and is one of the fastest growing areas of technology today. It can be simply defined as renting time on a computing infrastructure over the internet, rather than building your own from the ground up. In a way, it could be described as outsourcing your computer infrastructure.
“Cloud computing offers scalability and reliability that cannot be matched by a single enterprise.
“Today, we are talking of data protection. How can you protect data that is warehoused outside of our shores?
“Local cloud hosting also helps to keep our local internet traffic local as local content providers host their content in-country.
He also recalled that NITDA in 2019 launched Nigeria’s Cloud computing policy and one of the goals of this Policy is to ensure a 30% increase in adoption of cloud computing by 2024 among Federal Public Institutions (FPIs) and SMEs that provide digital-enabled services to the government.
“The policy also targets 35% growth in cloud computing investments by 2024. It is on this that we selected the theme of today’s event.
“When we are talking about local cloud hosting we can’t achieve it if we don’t patronize local datacenters; this informed the presences of datacentre operators in this discourse.
The Forum attracted industry stakeholders including corporate organisations; Nigeria Internet Registration Association (NiRA); Internet Exchange Point of Nigeria (IXPN); Cloudflex; Layer3; Vintage Confluence LLC and industry associations – ALTON, ATCON, NCS, amongst others.
Broadcasting
Canal+ to Cut Jobs as Part Sweeping Restructuring

Canal+ is to cut jobs at MultiChoice as part of a sweeping restructuring plan aimed at stabilising the African pay-TV operator, following years of operational and financial pressure.

The move comes alongside a planned $115 million capital injection, underscoring the urgency of efforts to revive the business after the French media group took control.
The planned layoffs are expected to form a core element of a broader cost-cutting and efficiency drive, as Canal+ seeks to streamline MultiChoice’s operations and improve profitability.
The restructuring signals a shift toward leaner operations, with a focus on eliminating redundancies and optimising the company’s cost base.
MultiChoice has struggled in recent years with declining subscriber numbers across key African markets, weighed down by macroeconomic pressures, currency volatility, and changing consumer behaviour.
The rise of global streaming platforms has intensified competition, chipping away at the company’s traditional pay-TV dominance.
Canal+’s intervention marks a pivotal moment for MultiChoice, reflecting a more aggressive approach to repositioning the business.
By combining fresh capital with structural reforms, the new owners are aiming to both stabilise short-term performance and lay the groundwork for longer-term growth.
The $115 million injection is expected to provide immediate financial relief, supporting operations and potential strategic initiatives.
However, the accompanying job cuts highlight the depth of the challenges facing the company and the scale of transformation required to restore competitiveness.
Broadcasting
Nigeria tops global rankings for USDT, USDC ownership

Nigeria has ranked first globally in the ownership of the two largest stablecoins, Tether (USDT) and USD Coin (USDC), reflecting the country’s growing reliance on dollar-linked digital assets.

USDT, USDC
Stablecoins such as USDT and USDC are designed to maintain a fixed value against the U.S. dollar, allowing users to store money digitally while avoiding the price volatility associated with cryptocurrencies like Bitcoin.
According to the 2026 Stablecoin Utility Report released by BVNK, about 59 percent of Nigerian crypto users hold USDT, while 48 percent own USDC, giving the country the highest combined ownership rate among all nations surveyed.
The report placed Nigeria ahead of several major economies, including Australia and India, highlighting the country’s strong adoption of dollar-denominated digital assets. Australia ranked second with 34 percent USDT ownership and 29 percent USDC, while India placed third with 30 percent USDT and 27 percent USDC holdings.
The study also examined adoption levels across other regions. Countries such as Colombia and Singapore showed strong usage of both stablecoins, while adoption levels were also notable in South Africa and the United States.
Other markets included in the analysis were Philippines, Thailand and Argentina, where stablecoin ownership has also increased significantly. Among European economies, the report said France and Germany showed moderate levels of adoption, while Latin American markets such as Mexico and Brazil recorded smaller but growing usage rates.
The United Kingdom also appeared in the ranking with modest levels of stablecoin ownership. The report noted that USDT ownership exceeds USDC in many countries, including Nigeria, Australia, India, Singapore, the Philippines, Thailand, Argentina and France.
However, USDC is often viewed as a more compliance-focused stablecoin because of its stronger transparency and regulatory alignment. In some markets, including South Africa, Colombia, Germany and Brazil, the report found that USDC adoption slightly exceeds USDT.
More broadly, the data suggests that stablecoin adoption is being driven largely by emerging economies rather than advanced financial markets. According to the report, countries such as Nigeria, Argentina and the Philippines are among the biggest users of stablecoins, where people increasingly rely on dollar-pegged digital assets to protect savings from currency volatility and facilitate cross-border payments.
Broadcasting
Spotify’s Loud & Clear Report Reveals Over ₦60Bn Revenue for Nigerian Artists in 2025

Spotify has unveiled Nigeria-specific data from its annual Loud & Clear report, highlighting how Nigerian artists generated more than ₦60 billion in revenue from the platform alone last year, amid explosive growth in streams, local consumption, and global discovery.

The report, which analyzes millions of data points to illuminate music streaming economics, shows Nigerian artists’ revenue surged over 140% in the past two years.
This boom stems from rising global appeal and stronger domestic engagement, with 30.3 billion streams and 1.6 billion listening hours on Spotify in 2025. First-time discoveries of Nigerian music hit 1.3 billion, up 26% from 2024.
Locally, Nigerian tracks dominated Spotify Nigeria’s Daily Top 50, accounting for over 80% of features, while consumption of homegrown artists jumped 170% year-on-year.
“Nigeria’s music scene thrives on creativity, innovation, and global influence,” said Jocelyne Muhutu-Remy, Spotify’s Managing Director for Africa. “Loud & Clear spotlights how artists are forging sustainable careers and deepening local ties.”
Key highlights include:
55% year-on-year growth in local streams for Nigerian female artists.
75% surge in streams for independent Nigerian artists.
Independents and indie labels earning 58% of all royalties from Nigerian artists on Spotify.
Spotify’s editorial playlists featured nearly 2,000 Nigerian artists in 2025, boosting visibility. Nigerian music appeared in 320 million global user playlists and over 12 million in Nigeria, totaling more than 60 million playlists worldwide.
The report also notes evolving tastes, with top-growing genres in Nigeria over five years including pop urbaine, alternative pop, anime, emo, and drill.
For full details, visit spotify.com/loudandclear.
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