Tag: business


Dear Esteemed Customer,

Welcome to another wonderful year!!

We’re happy to announce the birth of another special service which will bring smiles to the faces of most entertainment lovers, because the service cuts across various spheres of the entertainment industry.

Lodios is a platform that provides all forms of entertainment via comedies, movies, inspirational content, etc.  The platform which was recently launched at Sheraton Hotel Lagos had various artistes and entertainment stakeholders in attendance.

So when you feel like being in a relaxed mood just login to www.lodios.com and explore the vast world of entertainment. Moreover, the charges won’t “drill” a hole in your pocket since they go as low as N50 per music or movie. Current box office movies can also be rented or bought.

There are movies available for free and this offer lasts for just a month.

What are you waiting for? Start clicking!!!


Best Regards,


Customer Support Team,

VAS2Nets Technologies Ltd


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NCC Begins Enforcement of N5m Fine over Unsolicited Messages

Professor Umar Danbatta, executive vice chairman, Nigerian Communications Commission (NCC)

Nigerian Communications Commission (NCC), has said that it has commenced the enforcement of the Do Not Disturb (DND) code which compels mobile network operators to stop sending unsolicited messages to their subscribers.

Prof Umar Dambatta executive vice chairman of NCC at a meeting with the Academia on ITU Study Group Participation held at Digital Bridge Institute, Abuja, said the move became imperative because the NCC had given the operators ample time to comply with the regulatory directive and was now ready to enforce the N5 million fine stipulated for any breach of the directive by the regulator.

He said: “If a consumer lodges a complaint to NCC that an MNO sent unsolicited text message and the complaint from the consumer get to us, we will ensure that credit deducted from the consumer for this unsolicited text messages is returned to the consumer and will also invoke provision of the fine on the MNO which is N5 million.

“This is to ensure total compliance and this is a measure of last resort. The NCC imposes regulation as a measure of last resort, after we have given the MNO time to ensure compliance and we have monitored them to ensure compliance to ensure that the compliance is not selective.”


Culled from Nigeria communications weekly

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Happy New Year!!!

We welcome you, our dear valued customer to 2017.

And we wish you a lovely and fulfilling year ahead.


NIBSS, banks, Telcos unveil mobile payment solution, mCash | VAS2Nets Technologies

The Nigeria Interbank Settlement Scheme, NIBSS in collaboration with all the money deposit banks in Nigeria and the four major telecommunications operators, Etisalat, MTN, Airtel and Globacom, has launched a new mobile money payment solution.

Known as mCash, the new mobile money solution will facilitate low value retail payments; grow e-payments by providing accessible electronic channels to a wider range of users and to further enhance financial inclusion in Nigeria, by extending e-payment benefits to payers and merchants at the bottom of the pyramid where usage of cash has been predominant.

The mCash utilizes Unstructured Supplementary Service Data, USSD code in payment processing. Merchants can deploy mCash as a payment channel by registering with their banks, who will issue them an 8-digit seller code which buyers or payers need to use while making payments to them.

A customer who wants to make payments through mCash, has to dial the universal code, *402*SellerCode*Amount#. Upon dialing the code, the name of the seller will appear and a list of banks a customer wishes to make payments from. The user can then select a bank and input passcode to authenticate and complete the transaction. Upon completion of the transaction, both the buyer and the seller will receive flash confirmation of debit and credit messages instantly.

However, only mobile numbers linked to a user’s BVN are allowed for mCash transactions.

Although all the banks have signed up to integrate into the solution, at the moment, only six banks have been brought on-board and are active. These include: Diamond bank, Fidelity bank, Unity bank, Zenith bank, Sterling bank and Wema bank. First City Monument Bank, FCMB and Union Bank are expected to go live by this week.

Users are charged N20 per transaction through mCash for all transactions below N10, 000 while all transactions above N10, 000 cost N50 to both the merchant and the customer. Should transactions fail a resolution is guaranteed within six hours.

At the launch in Lagos, the MD/CEO of NIBSS, Mr. Ade Shonubi said: “The whole intention of mCash is to broaden the opportunity for people who rely mostly on usage of cash to find convenient means of making payments electronically.

The CBN has been pushing the cashless initiative for a long time and we have seen significant gains but a lot of people who have benefited so far have been the banking customers. And we need to deepen and reach out to a lot more people, as we begin to make real the dream for financial inclusion and as we begin to realize that a lot of government’s social programme will touch a different set of people.


Culled from Vanguard

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NCC Warns Telecom Subscribers over Use of Substandard Handsets

Nigerian Communications Commission (NCC) has warned telecommunication consumers against the usage of substandard handsets.

Mr Joseph Atoyebi, deputy director, Consumer Affairs of the commission gave the warning some days ago in Abakaliki during a Consumer Outreach Programme .

According to him, such handsets are responsible for the various network and related problems they experience during dialing or receiving of calls. “Consumers should use the handsets outlined in our manual as they have been certified to be efficient for telecommunication usages,” he said.

Atoyebi also urged consumers who use smart phones to be aware of its complexities which are responsible for the difficulties experienced while using them.

“Many consumers complain that their data and credit are illegally deducted by service providers but they should understand that smart phones have various complex attributes.

“Smart phones should be switched-off when not in use as they automatically upgrade themselves and can deduct data in the process,” he said.

He also informed consumers that borrowing of credit from service providers is a business strategy which is not offered without costs.


Culled from Nigeria Communications weekly

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Are you aware that Pig Farming is an extremely big business in Nigeria? A lot of people don’t seem to notice the opportunity around this business.


Pigs are highly reproductive animals; a single Pig gives birth to as much as 15 piglets at a time. And a fully grown Pig goes for as high as =N=20,000 – =N=30,000 depending on the weight of course.


It’s believed that due to the ignorance of how it works, a lot of people don’t pay much attention to the huge profits being generated from Piggery.


To know more about Pigs and how to take care of them, you can subscribe to our mAgric service by simply texting:

PIG to 32122 at =N=30/ 2 days (for Airtel users)

PIG to 35131 at =N=50/ 5 days (for Etisalat users)

PIG to 32126 at =N=30/week (for MTN users)


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Microsoft to Buy LinkedIn for $26.2 Billion | Vas2nets Technologies


Microsoft announced last Monday (13/06/2016), that it would acquire the popular professional networking site LinkedIn for $196 per share in an all-cash transaction valued at $26.2 billion.

LinkedIn will remain its own “distinct brand, culture, and independence” according to a press release and Jeff Weiner will remain the as the CEO.

Satya Nadella, Microsoft CEO, mentioned that “The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals, together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.”

While the LinkedIn CEO, Jeff Weiner said “Just as we have changed the way the world connects to opportunity, this relationship with Microsoft, and the combination of their cloud and LinkedIn’s network, now gives us a chance to also change the way the world works.”

LinkedIn was founded in 2002 by Reid Hoffman has over 400 million users and over 7 million active job listings and makes money through premium subscriptions that enable connections between professionals.


Culled from Time

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Interested in downloading Callertunez?….Just click!!

You don’t need to memorize the numbers to send to any longer in order to download a caller tune, simply send a mail to content@vas2nets.com and tell us the tune you want to subscribe to. Our team would check our array of tunes to confirm if we have it listed and send the related link back to you.

e.g. if you are interested in Isaiah 66v12 by Amen Praise as your caller tune this season simply click on the link below, enter your phone number and the tune is yours:


For Hail Mary by Daughters of St. Paul simply click:


Then for lovers of Chidinma’s latest sizzling new single “BABY NA LOVE” click on the link below:


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Nigerians Rush to Reserve NTEL Mobile Numbers | NTEL | VAS2Nets Technologies


Nigerians have responded enthusiastically to the number reservation campaign which was announced by Ntel, Nigeria’s advanced 4G/LTE network operator recently according to Leadership Newspaper

Under the terms of campaign, the first batch of subscribers (hundreds of thousands) to reserve their numbers on the network, and subsequently Sim-activate after launch, will be recognized as pioneers on Nigeria’s newest mobile network marking them out as among the first to reap the company’s promise of abundant broadband on it’s pure-play Advanced 4G/LTE network.

This was announced by,  Kamar Abass, CEO of Ntel, who had noted that “Ntel is a proudly Nigerian company that is fully committed to empowering Nigerians through a technologically advanced pure-play 4G/LTE network.

The number reservation campaign will run till 08/04/16

NATCOM Development and Investment Limited (trading as ‘Ntel’), the company that acquired the core assets of Nitel/MTel (in liquidation) made its first Voice over LTE call in Lagos yesterday and the company is happy about it.

The test VoLTE call was made at 3.30pm at Ntel’s new Tier III data centre located on Lagos Island.

VoLTE calls are enabled over a carrier’s high-speed data network instead of on a voice network.

Voice over LTE calls also connect faster upon dialing and feature ultra-clear high-definition voice quality.

The VoLTE call was completed in partnership with Original Equipment Manufacturers L M Ericsson of Sweden and Sony Electronics of Japan.

This follows Ntel’s first data call on 18 January, 2016 and its first SIP voice call on 18 February, 2016.

Ntel will now progress work with Nigeria’s other mobile operators and international partners to perform cross-network VoLTE calls: This will ensure that Ntel’s customers can connect with each other as easily as they can to both customers in Nigeria and to those elsewhere in the world: a network now comprising more than seven billion telephones, globally.

The CEO also mentioned “the Ntel network is built on the 900/1800 MHz which are the most efficient propagation frequencies for the deployment of 4G/LTE technology.”


Culled from Nigeria communications weekly

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Naira falls to N345/$ in parallel market

The naira, yesterday, suffered its biggest daily depreciation against the dollar as it exchanged for N345 to a dollar in the parallel market. This represents N20 depreciation when compared with the closing exchange rate of N325 per dollar in the market on Friday. But the naira was relatively stable at the official interbank foreign exchange market as the interbank rate stood at N197.47 per dollar at the close of business, yesterday.

The naira also depreciated by N45 against the British pound as the parallel market exchange rate rose to N485 per pound, yesterday, from N340 on Friday. Bureau de Change sources, who confirmed the development to Vanguard, attributed the sharp depreciation to persistent scarcity of the dollar and pound sterling in the market.

According to an Abuja-based BDC operator, who spoke on condition of anonymity, “the market is experiencing huge demand for dollars but there is no supply. Even those who have dollars are not willing to sell. The way things are going, the rate might reach N350 per dollar before it stabilises.”

Culled from Vanguard

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