Mocality the internet marketing company is closing down their operations on the 28th of February. I got a mail from them this morning that reads:

Hello Business Owner

Unfortunately all good things must come to an end, and Mocality is one of them. We hereby give you notice that Mocality will cease to render its services on the 28th February 2013.

Please log into the system between now and the 28th to retrieve any data that you may require from the system, as the system will no longer be available after the 28th February 2013.

All paid for services that should have been rendered after that date (including advertising space and the like), will be refunded in full, and you will be contacted about that refund individually if it applies to you.

We would like to thank you for your patronage and your support, and bid you a fond farewell. If you require any more information please email support@mocality.com.ng

Regards
Team Mocality.

why do you think a big company like Mocality had to shut down? For me I know their internet advertising strategy of sending unwarranted mails to subscribers was not effective at all, so people that engaged them were not benefiting from their email marketing. There's more to promoting your business online than sending unsolicited mails to subscribers

Because internet based business is still not viable in Nigeria.