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General News

Yamaha Motors Corporation Partners MAX to Finance 50,000 Vehicles

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Moto Business Service Nigeria (MBSN), a subsidiary of Japan’s Yamaha Motor Corporation has announced a strategic partnership with Metro Africa Xpress Inc. (MAX) – Africa’s first mobility technology platform to finance and maintain over 50,000 vehicles over the next 2 years.

The partnership will expand Max’s operations in Nigeria, Ghana and Cameroon and fast track their goal to serve 100,000 independent commercial drivers by the end of 2023.

MBSN provides services for tech startup companies that focus on the shared mobility space in Africa. MBSN will provide financing options to enable independent commercial drivers who are on MAX’s platform to access a range of vehicles for commercial use.

The deal will also provide the drivers with the opportunity to access two, three and four-wheeler vehicles (including Electric Vehicles), as well as a suite of additional services, all through a single affordable subscription.

MBSN’s mission is to increase the usage of vehicles on shared/rental platforms, create employment opportunities and contribute towards improving people’s quality of life across Africa, with a keen focus on maintaining a cleaner and greener environment in the country.

The agreement was announced during a corporate meeting between Yamaha Motor Corporation’s leadership team at the MAX office in Eleyele, Ibadan in Oyo State, Nigeria.

Adetayo Bamiduro, Co-Founder and Chief Executive Officer at MAX, said: “We are extremely thrilled to partner with MBSN and the Yamaha Motor Corporation. It demonstrates our shared commitment to democratizing access to vehicle subscriptions, and enabling entrepreneurs across Africa to unleash development by moving people and goods safely and reliably from point A to point B. This collaboration will enable MAX to significantly accelerate our goal of serving 100,000 independent commercial drivers across Africa by the end of 2023.”

Mr. Shoji Shiraishi, Fellow at Yamaha Global said, “We are extremely excited to officially launch MBSN in Africa by kick starting our operations with MAX.

“We will onboard vehicles across multiple cities and generate employment avenues for the youth of the African subcontinent. We plan to work with more mobility companies in the future and to transform the overall shared mobility space in Nigeria and Africa, by bringing our financial and strategic experience from our stakeholders.”

Founded in 2015 by Adetayo Bamiduro and Chinedu Azodoh, MAX’s mission is to disrupt Africa’s transportation sector via smart technologies. Its core product consists of a subscription service that enables independent commercial drivers to access a low-to-zero emission vehicle, as well as an array of value-added services, including vehicle and health insurance, licensing support and service plans.

Through MBSN, Japan’s Yamaha Motor Corporation brings to market a broad range of quality vehicles and genuine parts, as well as best-in-class maintenance facilities and workshops. Yamaha’s MBS model is currently deployed in 6 countries around the world.


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General News

OpenAI Sues Elon Musk Claiming Bad-Faith Tactics

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OpenAI is suing Elon Musk over claims he has tried nonstop to slow down its business for his own benefit.

OpenAI Sues Elon Musk Claiming Bad-Faith Tactics

Elon Musk

The company accuses the Tesla boss of using “bad-faith tactics” against OpenAI to help him control cutting-edge AI technology.

Musk sued OpenAI chief executive Sam Altman last year in a bid to stop him from changing its corporate structure. Mr Musk co-founded OpenAI with Mr Altman but left several years ago.

Meanwhile reporters has approached his lawyer for a response to OpenAI’s lawsuit, which was filed on Wednesday.

The countersuit opens up a new front in the high-stakes battle between two Silicon Valley heavyweights.

“Elon’s nonstop actions against us are just bad-faith tactics to slow down OpenAI and seize control of the leading AI innovations for his personal benefit,” “Today, we countersued to stop him.”

Last week, a federal judge in Oakland, California, set a March 2026 trial date in Mr Musk’s suit in a bid to fast-track the legal fight.

US District Judge Yvonne Gonzalez Rogers previously declined to grant Mr Musk an injunction that would temporarily halt OpenAI’s conversion from a non-profit to a for-profit company.

She also said that she expected Mr Musk to give evidence in the case.

Musk alleges that OpenAI strayed from its founding mission as a non-profit to develop AI for the benefit of humanity and is therefore in breach of contract.

He left the company in 2018.

“This is about control. This is about revenue. It’s basically about one person saying, ‘I want control of that startup’,” said Ari Lightman, professor of digital media and marketing at Carnegie Mellon University.

Lightman said it has been a distraction from making AI safe and equitable.

“That takes a backseat with all this rigmarole over control and monetization,” Lightman said.

OpenAI claims Musk has “been spreading false information about us,” in a X post on Wednesday, adding “Elon’s never been about the mission. He’s always been about his own agenda.”

Musk’s xAI is a competitor to OpenAI, but has so far lagged behind. Last month, xAI aquiired Musk’s social media platform X formerly Twitter.

Musk claims the combined company, XAI Holdings, is valued at more than $100 billion.

In February, Musk made an unsolicited bid for OpenAI, offering to buy it for $97.4 billion, which Mr Altman rejected by posting: “no thank you but we will buy twitter for $9.74 billion if you want.”


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FG Unveils e-Visa, Digital Entry Cards to Strengthen Border Security

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In a major step toward strengthening border security and modernising travel protocols, the Federal Government has announced the introduction of automated landing and exit cards as part of its wider e-Visa solution. The new system, set to take effect on May 1, 2025, aims to eliminate travel bottlenecks while enhancing national security.

The initiative was unveiled during a joint press briefing held in Abuja on Wednesday by the Minister of Aviation and Aerospace Development, Festus Keyamo and the Minister of Interior, Dr. Olubunmi Tunji-Ojo.

The ministers emphasised that the project is a collaborative effort involving key agencies, including the Nigeria Immigration Service (NIS), the Federal Airports Authority of Nigeria (FAAN), and the Nigeria Civil Aviation Authority (NCAA), all of which will play a critical role in the rollout of the e-Visa and the new digital travel documentation.

“What we are doing here today is a further testament to the determination of this government to foster cooperation between key ministries that have mandates that overlap,” Keyamo stated. “Today is another example of that kind of cooperation and collaboration, and this has to do with the introduction of the e-Visa.”

Speaking on the importance of the new initiative, Minister Tunji-Ojo highlighted its significance to Nigeria’s security framework.

“This initiative has a very serious effect on our national security architecture. Prior to now, we have always had the exit and landing card in a manual way — travellers had to fill a paper form. But now the narrative has changed with the introduction of the e-Visa and automated exit and entry cards,” he said.

He explained that the process will now be completed digitally before boarding, with travellers required to fill out the landing and exit cards online and present them to airlines before being allowed to board.

“Nigeria is a country of 230 million brilliant people and we have to lead in terms of technology. In view of that, we are automating the visa process. The responsibility of coordinating and issuing regulations to the airlines lies with the NCAA,” Tunji-Ojo added.

“This shows our commitment to the protection of our country, to border security, and to ensure that our sovereignty as a nation is well respected.”

The interior minister further noted that the e-Visa system is designed not only to strengthen border controls but also to simplify entry processes for visitors.

“The e-Visa will make it easier for people to come into Nigeria while enhancing the security of our country,” he said.

 


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Leo Stan Ekeh Advocates for “Last Mile Takeover” at KongaFM Event, Pushes for Deeper Brand-Consumer Connections

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At a recent industry gathering hosted by Nigeria’s pioneering Hit Music & Commerce Station, Konga 103.7FM, renowned tech entrepreneur and Chairman of Zinox Group, Dr. Leo Stan Ekeh, delivered a compelling case for revolutionizing how brands connect with consumers in today’s hyper-competitive market.

Dr. Ekeh positioned what he termed the “Last Mile Takeover” as the critical differentiator for business success in Nigeria’s evolving commercial landscape.

The event, themed “Consumer Last Mile Takeover – The New Key”, brought together entrepreneurs, marketing executives and brand managers from leading corporations to explore innovative approaches to consumer engagement. Ekeh, renowned for his transformative ventures in Africa’s digital space, emphasized that the final point of contact between brands and consumers represents the most valuable real estate in modern commerce.

In his address, Leo Stan charged entrepreneurs who are serious about growth to focus on that last engagement point, as the critical pivot. According to him, that is “where trust is built, loyalty is secured, and value is delivered.”

Dr. Ekeh believes that the media is the strongest link between brand and consumers, and his vision for deeper, more meaningful brand-consumer relationships is what gave birth to KongaFM. Konga 103.7FM is the latest addition to the Konga Group driven by cutting-edge technology and artificial intelligence.

Earlier in her welcome address, Ifeoma Ajumobi, Head of KongaFM, detailing the station’s unique architecture as a robust platform designed with robust support frameworks for brands and businesses, while delivering premium entertainment.

Since its launch in January 2025, the station has experienced remarkable growth, steadily expanding its fanbase and establishing itself as a powerful medium for consumer engagement.

The initiative garnered significant praise from brand representatives across various sectors, including those from Samsung, Nivea, Checkers Custard, Kenya Airways, Emzor Pharmaceuticals, Xiaomi, and LG, who frequently referred to KongaFM as a game-changing platform. Their positive feedback underscored the station’s emerging role as a critical tool for brand communication, particularly in terms of boosting FMCG visibility and fostering direct connections with consumers.

Peggy Abengowe, Marketing Manager, Checkers Custard Africa, applauded the station’s impact on distribution and visibility, while Oge Maduagwu of Samsung Electronics West Africa praised its innovative blend of commerce and technology. Rachael Okeke, Marketing Executive, Emzor Pharmaceuticals, in her words, described the establishment of KongaFM as a “win-win for brands and consumers”.

The event concluded with a unified call to action for businesses to leverage the unique opportunities offered by KongaFM, with Leo Stan reinforcing the importance of boldness in business.

Konga 103.7 FM is Nigeria’s first hit music and commerce radio station, designed to connect brands with consumers through music, storytelling, and targeted promotions. A brainchild of the Zinox Group and Konga, KongaFM is redefining the role of radio in Nigeria’s digital commerce era.

Businesses interested in exploring partnership opportunities with KongaFM can connect via the station’s social media handles @Konga103.7FM or stream live programming 24/7 through its official website for a firsthand experience of this innovative platform.


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