E-Business
Rally Trade Unveils new website & partner program

Rally Trade has unveiled its New Partner Program and website. The new partner program is aimed at empowering its proficient clients to share their new-found skills with others while representing the values that Rally Trade stands for.
Speaking at the unveiling, Luca Constantinescu, CEO, Rally Trade; said that the platform is custom built for Nigerian partners which will enable them to generate additional revenue that rewards and supports their efforts.
He explained that anyone with social and teaching skills is invited to register themselves in Rally Trade’s Partner Program either as an Introducing Broker or an Affiliate, to access their database of promotional and educational materials, and start collecting the rebates rewarded for their referrals.
Constantinescu added that the brand-new Partner Program is based on a Multi-Tier structure that enables its partners to earn on introduced sub-partners as well up to 3 Tiers.
He also revealed that they have increased percentage split of Net Spreads, starting from 1st of August 2019.
This new rebate system, according to him will offer 60% of Net Spread for Direct Clients, 15% of Net Spread for Tier 2 Clients and 5% of Net Spread for Tier 3 Clients.
He said, “Serving as an example of the latest trends and technology available for a better user experience, Rally Trade’s website (www.rally.trade) has just gone through a major overhaul.
“It has been developed specifically for its Nigerian users to accommodate the need for a platform that encourages online access making vital information available from anywhere and at any time.
“Traders anywhere will be able to find the latest industry news, regularly updated market analysis, an events section to keep them up to date on all upcoming events, and an updated learning centre created for all traders by visiting www.rally.trade.
“Also starting on the 1st of August 2019, trading conditions on its MT4 Platform will be upgraded. “Leverage, currently set at a maximumof 1:200, will be increased to 1:500. This upgrade comes as a popular demand from traders that use the most prevalent trading platform in the world.
“Moreover, Rally Trade will continue to offer leverage as high as 1:1000 on its cutting-edge Rally xTrader platform for proficient traders.”
Rally Trade, established in 2015, is an international online broker providing highly competitive brokerage services to markets with emerging economies.
Winner of the “Best New Comer Broker in the Region” Award at the Lagos Forex Expo in 2015 and the “Best Broker in Nigeria” Award at the 2018 Lagos Traders Expo.
Rally Trade is well known for the top quality services it is providing to its Nigerian customers alongside the exciting competitions it has organized on its cutting edge trading platforms.
In Nigeria, Rally Trade currently has offices in Lagos, Port Harcourt, and Ibadan, and plans on expanding its reach across the nation.
Rally Academy serves as the educational arm of Rally Trade and is a platform that enabled the company to make considerable investments in the financial education of Nigerians.
Employing a team of world class professionals to guide Nigerians in starting their online businesses, Rally Academy specializes in services for Online Entrepreneurs and Investors, holds recurring seminars and educational events across the country informing the public on various streams of income via online businesses.
Over the past 3 years, Rally Academy has trained over 10,000 entrepreneurs and enabled them to start generating incomes in the online environment.
The Partner Program which is now available for pre-registration at www.rally.trade/Partner-Program/register will commence on the 1st of August, 2019.
E-Business
NCC Vows to Tackle Online Infringement, Block Illegal Music Websites

Nigerian Copyright Commission (NCC) has pledged to enforce its legal obligations to combat online intellectual property infringement and urged commercial music users to obtain proper licences from rights holders or their representatives.
The Commission stated that this ensures creators are fairly compensated, supporting the music industry’s sustainable growth.
In a statement commemorating the 2025 World Intellectual Property Day, themed “IP and Music: Feel the Best of IP,” the NCC announced plans to enforce the Copyright Act 2022, which allows for the takedown of infringing materials and blocking of websites hosting illegal content.
Signed by Mrs Ijeoma Egbunike, director of Public Affairs, the statement outlined an aggressive anti-piracy campaign in collaboration with the private sector, targeting the online environment.
Egbunike affirmed the NCC’s commitment to establishing enforceable standards for transparency, digital audits, and real-time royalty reporting to protect creators’ rights. She stated, “The NCC will continue to champion policies that support the growth of the music industry, improve the livelihoods of Nigerian musicians, and foster a culture of creativity and respect for intellectual property.”
Despite the global success of Afrobeats and other Nigerian genres, the NCC noted that many musicians face low royalty returns due to rampant digital piracy.
To address this, the Commission revised its Collective Management Regulations to enhance transparency and accountability among Collective Management Organisations (CMOs).
The NCC emphasised that proper licensing is a legal obligation and vital for Nigeria’s creative economy, stating, “Music must feel the beat of intellectual property for the full potential of creativity to be realised.”
The Commission highlighted that creators’ livelihoods depend on fair royalty compensation.
Recent enforcement measures include the NCC’s designation by the Attorney-General of the Federation as an authority under the Proceeds of Crime (Recovery and Management) Act 2022.
This, combined with the Copyright Act 2022, empowers the NCC to order takedowns and block illegal music distribution websites.
E-Business
FG Warns Nigerians Against Growing Threat of Cyber Slavery in West Africa

The Federal Government, has warned Nigerians against the growing threat of cyber slavery within the West African sub-region.
The Ministry of Foreign Affairs, in a statement issued in Abuja by Kimiebi Imomotimi Ebienfa, acting spokesperson, noted with grave concern the alarming rise of cyber slavery across parts of West Africa, targeting Nigerian citizens, particularly vulnerable youths.
The government said many young Nigerians, including underage teenagers, were lured out of the country under the false promise of lucrative employment opportunities abroad, particularly in crypto-related operations.
According to the government, “In reality, these individuals are trafficked into sophisticated scam operations and enslaved to work in criminal “call centres” — often referred to as “419 cyber-scam factories.” There, they are forced under coercive and inhumane conditions to send thousands of fraudulent emails, text messages, and calls aimed at defrauding victims worldwide.”
The government also noted with dismay, a recent incident where the Economic and Organised Crimes Office (EOCO) in Accra, Ghana, rescued and detained a group of Nigerians forced to engage in cybercrime activities under inhumane conditions.
“This incident highlights the severe exploitation and abuse associated with cybercrime operations. It also underscores the need for enhanced efforts to combat such multibillion-dollar criminal networks and mitigate the susceptibility of victims.
“The Ministry strongly warns all Nigerians, especially the youths and parents, to exercise the utmost caution when presented with job offers, particularly those promising easy money, overseas travel, or remote work involving cryptocurrencies.
“Nigerians are therefore advised to verify all employment offers through official channels and report suspicious cases to relevant authorities for necessary investigation and action to curtail the activities of the perpetrators.
“The Ministry wishes to assure the general public that, as a precautionary measure to address this unfortunate situation, the Federal Government is working closely with regional partners, law enforcement agencies, and international organizations to tackle this heinous crime, rescue victims, and bring perpetrators to justice.
“The Ministry remains committed to protecting Nigerian citizens at home and abroad and will continue to raise awareness about emerging threats to the welfare and dignity of our people,” the statement read.
E-Business
ALX Nigeria Launches 2025 Ventures Incubator, Premieres Pan-African “Do Hard Things” Finale

ALX Nigeria is once again proving that when African talent meets the right opportunity, magic happens. In a celebration of innovation, grit, and ambition, ALX officially launched its 2025 Ventures Incubator Cohort, an elite group of startup founders handpicked from across the country, while simultaneously premiering the grand finale of the pan-African “Do Hard Things Challenge” at its Lagos hub.
From tech founders solving community challenges to creatives turning ideas into global solutions, ALX is backing the bold and building the infrastructure to help them scale. The ALX Ventures Incubator is the next big leap for graduates of the Founder Academy, providing them with hands-on mentorship, investor access, and the resources to grow sustainable businesses that shape the future of the continent.
“The launch of the ALX Ventures Incubator is proof of our unwavering commitment to building the infrastructure for African innovation to thrive,” said Ruby Igwe, Country General Manager at ALX Nigeria. “We witnessed incredible potential at our Founder Academy, and this next step ensures that these promising startups receive the support they need to grow into high-impact ventures. It’s about translating potential into lasting impact.”
These new ventures are powered by the same spirit that drove the Do Hard Things Challenge—a bold initiative that saw ALX travel to eight African cities in search of the continent’s most inspiring entrepreneurs. The final stop? Mauritius, where top finalists pitched in a high-stakes finale, now screened live for the Lagos tech and media community.
The challenge took ALX across Lagos, Nairobi, Johannesburg, Kigali, Accra, Cairo, Casablanca, and Addis Ababa, shining a spotlight on resilience, creativity, and unstoppable drive.
“The ‘Do Hard Things Challenge’ embodies the spirit we cultivate at ALX: resilience, ambition, and the courage to tackle complex problems,” said Joshua Ebinabo, ALX Ventures Country Entrepreneurship Development Manager.
“Showcasing the finale from Mauritius here in Lagos connects our local innovators to the broader African story. It inspires our learners, reassures parents about the future of tech, and shows business leaders the investment-ready talent right here in our ecosystem.”
The event brought together founders, business leaders, creators, and media influencers—all gathered to witness what happens when African talent is seen, celebrated, and supported. The energy was electric, the vision was bold, and the mission was clear: empower Africa’s brightest minds to build global solutions from right here on the continent.
Whether you’re a startup founder looking to scale or a dreamer looking for your big break, ALX continues to be the launchpad for Africa’s digital and entrepreneurial revolution.
Learn more about ALX’s tech and business programmes at alxafrica.ng, and follow the movement on YouTube, TikTok, LinkedIn, and Instagram via @alxnigeria.
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