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
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Broadcasting
BON Establishes Six Ad Hoc Committees to Modernize Broadcasting

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.
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.
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.
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.
Broadcasting
NELFUND Investigates 34 Universities Over Students’ Missing Tuition Refunds

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.
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.
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.
“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.
“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.
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