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	<title>Web Trends Nigeria &#187; Prediction</title>
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	<link>http://webtrendsng.com/blog</link>
	<description>...shaping the future of Internet usage in Nigeria!</description>
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		<title>VTN, Nigerian e-payment site set to raise N1.5 Billion ($10M) for expansion</title>
		<link>http://webtrendsng.com/blog/vtn-nigerian-e-payment-site-set-to-raise-n1-5-billion-10m-for-expansion/</link>
		<comments>http://webtrendsng.com/blog/vtn-nigerian-e-payment-site-set-to-raise-n1-5-billion-10m-for-expansion/#comments</comments>
		<pubDate>Tue, 11 May 2010 07:21:23 +0000</pubDate>
		<dc:creator>Possicon</dc:creator>
				<category><![CDATA[Africa]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[Facebook]]></category>
		<category><![CDATA[G-Nigeria]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Prediction]]></category>
		<category><![CDATA[Products]]></category>
		<category><![CDATA[Statistics]]></category>
		<category><![CDATA[epayment]]></category>

		<guid isPermaLink="false">http://webtrendsng.com/blog/?p=1318</guid>
		<description><![CDATA[



We interviewed VTN CEO, Peter Ojo recently about their innovative e-payment system. Today comes a very big news, Virtual Terminal Network (VTN) is set to raise N1.5 billion ($10Million) in private placement. I got the scoop in my mail just this morning.
The fund is said &#8220;&#8230; will be used for the expansion of the company’s [...]]]></description>
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<p><img class="alignnone size-full wp-image-1221" title="vtn_logo" src="http://webtrendsng.com/blog/wp-content/uploads/2010/04/vtn_logo.gif" alt="vtn_logo" width="240" height="85" />We <a href="http://webtrendsng.com/blog/interview-with-vtn-ceo-on-e-payments-solution-in-nigeria/">interviewed</a> VTN CEO, Peter Ojo recently about their innovative e-payment system. Today comes a very big news, Virtual Terminal Network (VTN) is set to raise N1.5 billion ($10Million) in private placement. I got the scoop in my mail just this morning.</p>
<p>The fund is said &#8220;<em>&#8230; will be used for the expansion of the company’s network, enhance its working capital and increase its operational capacity.</em>&#8221;</p>
<p>The placement comprises of 1,520,000,000 ordinary shares of N1.00 each at N1.05 per share. This means that with about N55,000 you can participate.</p>
<p>Remember, this is a private place and not IPO. It&#8217;s usually opened to institutional investors and not the general public. If you are one, why not request for info <a href="http://www.virtualterminalnetwork.com/VTNInfo/" target="_blank">here</a>.</p>
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		<title>Nigerian Internet Market Prediction for 2010</title>
		<link>http://webtrendsng.com/blog/nigerian-internet-market-prediction-for-2010/</link>
		<comments>http://webtrendsng.com/blog/nigerian-internet-market-prediction-for-2010/#comments</comments>
		<pubDate>Sun, 27 Dec 2009 17:38:52 +0000</pubDate>
		<dc:creator>Possicon</dc:creator>
				<category><![CDATA[Africa]]></category>
		<category><![CDATA[Events]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[Nigeria]]></category>
		<category><![CDATA[Prediction]]></category>
		<category><![CDATA[Products]]></category>
		<category><![CDATA[Site Review]]></category>

		<guid isPermaLink="false">http://webtrendsng.com/blog/?p=791</guid>
		<description><![CDATA[



Internet Market in Nigeria witnessed a jump in awareness in 2009; launching of websites and events. More than 5 web related event took place in 2009, webtrendsng.com was present at most of the events. We are also recapping happenings around the globe for 2009.
Outlook 2009
Barcamp Nigeria
Internet Marketers Association of Nigeria
Launch of Turenchi.com
Launch of naijaborn.com
Launch of [...]]]></description>
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<p>Internet Market in Nigeria witnessed a jump in awareness in 2009; launching of websites and events. More than 5 web related event took place in 2009, webtrendsng.com was present at most of the events. We are also recapping happenings around the <a href="http://webtrendsng.com/blog/2009-in-retrospect-looking-back-shaping-the-future/">globe</a> for 2009.</p>
<p>Outlook 2009<br />
Barcamp Nigeria<br />
Internet Marketers Association of Nigeria<br />
Launch of Turenchi.com<br />
Launch of naijaborn.com<br />
Launch of greenlagos.com<br />
Launch of kilonsele.com<br />
Digital Sense Africa<br />
Launch of nairajobs.com<br />
Joomla Day Nigeria</p>
<ul>
<li>I predict a high increase in corporate awareness of importance of web to their businesses.</li>
</ul>
<ul>
<li>The mainstream will be more interested in online related business as Web Technologist will be at the coming <a href="http://webtrendsng.com/blog/nigerian-web-technologist-takes-the-web-to-the-mainstream/">Outlook 2010</a>.</li>
<li>Network Marketing awareness/trust will also increase next year with the growth of Holiday and Cash products.</li>
<li>These and many more&#8230;</li>
</ul>
<p>As 2010 will be released on Thursday this week, what is your prediction of the Internet Market in Nigeria/Africa for the year 2010. This could include corporate web awareness, product releases/launch and events. What do you hope for or expect in 2010. Drop below&#8230;</p>
<p>Hey we are currently conducting research of the Nigerian Internet Market, click <a href="http://webtrendsng.com/blog/nigerian-internet-report/">here</a> to participate.</p>
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