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Nigerian military denies meeting with Atiku Abubakar

February 12, 2023 by AFR Business

The Armed Forces of Nigeria has condemned the allegation that some of its officers met with a presidential candidate over the 2023 election.

Former Minister of Aviation, Femi Fani-Kayode alleged that the Atiku Abubakar of the Peoples Democratic Party, PDP, and top military personnel met.

A rebuttal Saturday evening by Brigadier General Tukur Gusau, Acting Director Defence Information, denied the military was involved in a plan to disrupt the general polls.

The spokesperson said the “wicked and very malicious propaganda indicated that a so-called Thursday meeting plotted a Coup d’etat to establish unconstitutional order”.

The Armed Forces expressed dismay that “politically exposed persons can denigrate themselves into joining agents of destabilisation and violence in making false claims just to heighten tension in the polity”.

The director stated that the military is loyal to the constitution of the Federal Republic and will never be part of any evil plot against democracy.

The Defence Headquarters maintains it remains apolitical and neutral in the current political process and will not engage in shenanigans.

“Those who engage in fabricating and spreading unfounded misinformation will be invited by the appropriate law enforcement agencies to substantiate their claims.

“The Armed Forces of Nigeria will never be part of any ignoble plot to truncate our hard-earned democracy."

APC and PDP trade barbs over Obi’s Lagos rally

February 12, 2023 by AFR Business

The camps of the Peoples Democratic Party, PDP, presidential candidate, Atiku Abubakar and the All Progressives Congress, APC, Bola Tinubu on Saturday exchanged words over the Labour Party, LP, presidential rally in Lagos State.

LP presidential candidate, Peter Obi’s supporters embarked on a road walk from Lekki-Epe expressway to the Tafabalewa Square in Lagos.

The rally was said to have caused a massive traffic gridlock along the Lekki-Epe expressway.

Reacting, Tinubu-Shettima Director of Media and Publicity, Bayo Onanuga accused Obi of conducting an uncivilized campaign.

In a tweet, Onanuga accused Obi of causing discomfort to the people of Lagos State.

Onanuga wrote: “Peter Obi and his supporters are doing a road walk in Lagos, causing massive traffic jam on the ever busy Lekki-Epe expressway.

“His rally is at TBS on the island. But he chose to cause discomfort to Lagosians. An uncivilized way to campaign in our city.”

However, Atiku’s spokesman, Phrank Shaibu wondered why Onanuga should complain about Obi’s rally.

Shaibu recounted how MC Oluomo prevented Christians from going to church when he had a walk for Tinubu on October 9, 2022.

He asked Onanuga if Atiku and Obi complained about MC Oluomo’s action.

“@officialABAT’s ailment appears communicable! Did #MC Oluomo not prevent #christian worshippers from going to church when he held a walk for Tinubu on Sunday October 9, 2022?

“Did the @atiku or @PeterObi supporters complain? @OfficialAPCN & Moslem/Moslem ticket,” he tweeted.

Parimatch Tech is now GR8 Tech

February 10, 2023 by AFR Business

On January 25, 2023, GR8 Tech, an international B2B provider with full tech coverage for established gambling businesses, including iGaming platform solutions and the Parimatch brand franchise, entered the global iGaming B2B market to provide exceptional gaming tech to satisfy the ambitions of clients.

As the successor to Parimatch Tech, GR8 Tech combines 30 years of experience in the iGaming market with a focus on long-term partnerships, commitment, and a straightforward approach.

The race in the gambling industry by GR8 Tech began in 1994 with the birth of the Parimatch brand. Over the years, the company helped Parimatch grow to a world-renowned level, providing it with a leading technological platform and partnership with top football clubs, athletes, and esports.

The company has created a successful platform for the Parimatch brand that handles millions of active players and peak load times during major sports events.

Therefore, the evolution of Parimatch Tech to GR8 Tech is a start of a new beginning. Maksym Liashko, ex-CEO of Parimatch Tech, says that the creation of GR8 Tech is a long-awaited event “towards which we at Parimatch Tech have been consistently working throughout 2022”.

Coming from a large ecosystem, GR8 Tech understands how to engage with B2C clients and can use its development to solve operational challenges.

“The current B2B iGaming market saturates with offers, yet it lacks consistency, convenience, and quality service. GR8 Tech operates to set a new norm for what a great product means,” said CEO Evgen Belousov.

“The brand composes tailor-made gaming solutions designed to evolve and fit changing business environments, thus allowing partners the freedom of forward-thinking and long-term planning.”

In addition, GR8 Tech offers consulting, integration, and operation services—all via a convenient one-stop-shop approach. The outcome is a series of rubost stable, resilient, adaptive, and highly scalable iGaming business solutions that are easy to integrate and manage without the need for supervision or intrusion.

The GR8 Parimatch brand supports several global partners, including Parimatch Responsible Gambling Ambassador Oleksandr Usyk; four English Premier League football teams (Leicester City, Chelsea, Aston Villa, and Newcastle United); and two top esports organizations (00 Nation and Team Secret).

GR8 Tech, would have its first offline contact with the global gaming community in February 7-9, 2023, at ICE London, where attendees will be able to meet the CEO, CTO and BD Manager, learn more about the dynamic tech in the iGaming B2B market, and be one of the first in 2023 to get GR8 Tech for their businesses.

Naira strengthens at currency market

February 10, 2023 by AFR Business

On Thursday, the naira exchanged at N461.10 to $1 at the Investors and Exporters window.

The figure represented an appreciation of 0.02 per cent compared with the N461.17 it exchanged on Wednesday.

The open indicative rate closed at N461.25 to the dollar on Thursday.

An exchange rate of N462 to $1 was the highest rate recorded within the day’s trading before it settled at N461.10.

The naira sold for as low as N439.96 to $1 within the day’s trading.

A total of $40.24 million was traded at the official Investors and Exporters Window on Thursday.

According to FMDQ, the Investors’ & Exporters’ FX Window is the market trading segment for investors, exporters and end-users that allows FX trades to be made at exchange rates determined based on prevailing market circumstances, thus ensuring efficient and effective price discovery in the Nigerian FX market.

100m SIMs now locally produced, says NCC

February 10, 2023 by AFR Business

The Nigeria Communications Commission, NCC, says over 100 million Subscribers Identity Module, SIM, cards have so far been produced locally within a year of the first Nigeria Telecommunications Indigenous Content Expo.

This was made known by Aderonke Sola-Ogunsola, NCC’s head of Financing and Stakeholders Engagement Team at this year’s AFRICANXT on Thursday in Lagos.

Ms Sola-Ogunsola spoke on: Mandate and Strides Towards Full Digital Economy in Nigeria.

She said that through the Nigeria Telecommunications Indigenous Content of the NCC, the country could serve as manufacturer of SIM in West Africa.

According to her, over 100 millions of SIMs have been ordered by various telecommunications companies putting an end to the importation of SIM and an attainment of a fully digital economy in Nigeria.

Ms Sola-Ogunsola said that at the 2022 indigenous content expo in Lagos, the Federal Government banned the importation of SIMs.

She said that the Nigeria Telecommunications Indigenous Content was put in place to encourage innovation among the youths and promote the digital economy.

“There is the need to ensure individuals, businesses, and the nation harness derivable benefits and the opportunities offered by the emergent digital culture, to improve quality of life, grow businesses, and leapfrog the national economy.

“This remains the overarching objective of government policies, plans, and strategies,” she said.

The head, Digital Skills and Services, NCC, Freda Bruce-Bennett, said that Nigeria was rapidly becoming a digital economy.

Mr Bruce-Bennett said that out of seven unicorns in Nigeria, Nigeria had five which were Andela, Flutterwave, Interswitch, Jumia and Opay

According to her, NCC is working with campuses and the National Youth Service Corp, NYSC, on how youths could build their capacity.

Head, Spectrum Administration, NCC Abraham Oshadami said that digital economy could not exist without infrastructure because globally infrastructure was the bedrock for adequate broadband penetration.

Mr Oshadami said that Nigeria had taken the lead by providing wireless resources because there were policies to deploy the infrastructure and make them work.

According to him, Nigeria has done so well in the entire Africa by being at the forefront of making resources available to provide high dosed broadband leveraging on satellite and technology

The News Agency of Nigeria reports that the ongoing AFRICANXT, formerly called Social Media Week, is an annual event held in February.

This year’s theme is: ‘’Cooperate. Collaborate. Innovate. Unlocking Our Potential, Ensuring Africa’s Prosperity”.

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