lalasticlala:
CBN Shuts Down Cryptocurrency Exchange Bank Accounts

"February 5, 2021

LETTER TO ALL DEPOSIT MONEY BANKS, NON-BANK FINANCIAL INSTITUTIONS AND OTHER FINANCIAL INSTITUTIONS

The Central of Bank of Nigeria's (CBN) circular of January 12, 2017 ref FPR/DIR/GEN/C1R,06/010 which cautioned Deposit Money Banks (DMBs), Non-Bank Financial Institutions (NBFIs), Other Financial Institutions (OFIs) and members of the pubic so the risk associated with transactions In crypto currency refers.

Father to earlier regulatory directives on the subject, the Bank hereby wishes to remind regulated institutions that dealing in crypto curencies or facilitating payments for cryptocurrency exchanges is prohibited. Accordingly, all DMBs.

NBFIs and OFIs are directed to identify persons and/or entities transacting in or operating crypto currency exchanges within tier systemsand ensure that such accounts are closed immediately. Please note that breaches of this directive will attract severe regulatory sanctions. This letter is with immediate effect."

Osaretin Victor Asemota @asemota shared it on Twitter and wrote:



https://twitter.com/asemota/status/1357647685801676802

A Twitter user, Futurist @nathaniel_luz, reacted:


https://twitter.com/nathaniel_luz/status/1357648314016096256?s=19

But I thought there is one registered Crypto Company in Nigeria which is licensed by CBN? BitX. Or are they not?

I support you on this journey. Most great frameworks started this way. Don't quit.

Seun:


If you're competent in another programming language, Python is the easiest programming language to pick up. Just download Python 3.2.3 and read the Python tutorial that comes with it. If anything is not clear, browse/search StackOverflow. Go through the Python module documentation. Ask questions on this thread.

Once you understand Python, download the CherryPy web framework and install it. Read the documentation to get up to speed and play with it for a while. If you have questions, search the web or ask on this thread.

You will also need the MySQL driver for Python. Download this and follow the Python 3 installation instructions. Of course, you must download MySQL to your machine in order to use it.

Is CherryPy still the best framework for Python?

By best I am most concerned with speed/performance.

Hmmm! The Art of the Deal by Dangote. Bottom line is: They are buying the name, not the business.

Wow! Your story is inspiring. Of course I know you, knew you here actually through the article you referred to where you were guiding us on how to do freelance writing on freelancer.com. I am happy for you and your guide is worth giving a trial. More blessings!!!

I have been thinking about an offer to become lecturer at my school for 3 years now. The thing is, take the job, but make sure you invest in a business preferably around that your school.

olorire24:


please how do I go about this?

Topic for another day. I cannot do a write-up now on it. Will do so next week by God's grace.

olorire24:

please what is Airbnb all about?

One more legit way of making money with you already have from right here in Nigeria.

If you are on Airbnb and have made some money but don't know how to cashout, then here is a solution thread for you. I just stumbled on a solution and it worked for me.

I am in Nigeria, and I host in Nigeria, since 2018, but had no idea of how to withdraw my earnings on Airbnb until last week. As I write this, I have successfully withdrawn my Airbnb earnings.

If you are wondering how I did it, then, just message me on 080 9633 9911 and I will guide you through.

Don't be scared, I don't charge a dime. But you must be ready to do exactly as I say.

Thanks for this write up.

Jac007:


Your moniker is your reply

Na wa o. This lawyer (liar) sha!!!

StancyFrosh:
Starting a provision shop is no big deal. You mustn't get half a million naira to open a big shop that will attract people. You can start from somewhere. The setting of the business can be at a busy road, if its a school environment. The small shop can be close to hostels, lecture halls and classrooms. You can be selling normal and simple provisions and yet add selling of snacks to it, to draw more customers.
Now, when you start the business. There are rules guiding your business. If these rules are not respected and carefully followed, it might wreck down ur business, like some shops that started filled with provisions, but after some months, d shop began to go empty, and d shop owner may not have enough money to refill the shop.
Here i have 5 steps to take to make your small shop a big shop and let it boom, with my rules.

1. You do not select, judge or lay insult to your customers. You have to be SOCIAL, be friends with everybody that comes to your shop to buy onething or d other, they will come back patronizing you.
2. Be neat, wear good cloths, if possible speak good english.
3. Always, be happy. Smile. Your smile attracts many customers, not because you are beautiful or handsome, but because they will think you are rich.
4. No matter what happens, do not eat your provision, share with your family, or to your love ones. Because, you are into business, you mean business.
5. Do not sell your goods for credit. If the person does not have money to buy, let him come another day.
Also, do not involve yourself in any cooperative society. Remember d proverb, "A brower is a slave to the lender". You will get addicted n continue paying your credits, and get frustrated.
Heed to all of my advice and it shall be well with you. You grow very rich within a year.

I agree with everything but the bolded part.

With a very good feasibility study, you can always know if it right to take on a loan or not. For instance, let's assume you started November 2017, and 4 months down the line (today), you have started making a profit (after all expenses) of 36K. Plus, in these past few months your customers have been recommending that you purchase some stock that they usually buy, and all you need is about 120K, a cooperative loan will be a very good bargain at this juncture, because:

1. You can easily pay back with profit.
2. Your customers will be happy patronizing you because they know you are ready to satisfy their needs.
3. You do not miss on sales just because you do not have the item in your shop.

And that means your profit will increase thereby helping repay your loan (plus the little interest) in a very short time.

If the escrow thing is the main catch, then, how is this different from other existing escrows?

Jagaban is on his own. He and Bubu.

This STORY is full of BS. If you are smart enough, you would have noticed too many unbelievable trash in it.

If you want me to point them out, I will, but I expect most, if not all to be able to fish the LIES therein.

OP, I agree with you. Nowadays, many bloggers post rubbish. I get angry when I visit a post, and find out what's in there is not exactly what the title portrays. I feel like shutting that blog down.

HappyScent:
Instead of truck,why not buses,and lease to transportation company.@ the end of every month,you are sure of ur cool cash.truck don get jobs everyday unlike the bus

Seconded!

This people no even encourage us to marry again.

hisgrace090:
I have used solar light, of course it is the costliest source of electricity.
Almost 10 times costlier than generator.
Your 400,000 naira worth of battery can became heap of waist after 2 to 3 years use.
Count me out of it . I have never finish mourning for my many dead batteries.

Are you serious?

Seriously speaking, my TRAINING will be next week (October 10th -14th) but with all the noise about Guarantors for a Federal Government guaranteed loan, I am begining to consider taking a bow out of this.

First, they put us through the first test of spending internet data, and then they surprised us with the Take-Care-of-your-Bills warning for the training.

I think this is getting too far... how can government not be able to make provision for what it envisioned will boost the economy? This programme is becoming laughable o... seriously.

And the solution to this problem shouldn't be so tasking. But, it is today for a developer on a similar problem that is currently running.

I see some "Aggressive Behaviours" here.

Anyway, just a heads up that up till now, I have not been able to download either my End of Course REPORT or CERTIFICATE for any of the FOUR completed courses so far.

I have cleared cache (even using the Forget Site feature of Firefox), tried using Chrome, all to no avail. Anyway, I had to message them, cos I ran out of credit while on a call to AMI.

But when I contacted the customer service through info@africanmanagers.org, I was sent the copy for the last one. How come?!

So far, I am loving this training.

Ehen! How many of you have done feasibility of your chosen businesses?! I did mine yesterday, and surprisingly, POWER (using Generator of course) turned out the PRODIGAL expense, followed closely by salaries. In fact, without a GOOD feasibility, you may not make it, except GOD be for you.

samint1:
Keep trying. Maybe your network is bad or try using another browser or system. 55% is the cut off point. Has your buddy confirmed? If no then you can't download till then.

I also cannot download mine (report and certificate).

oneking4all:
Is the third course out?

Not yet!

Fvine:
@ Nairaplus Nwanne m nwanyi or Nwanne m Nwoke, biko, ozo emezina. We're peaceful here, no cussing or cursing. Share your views, sell your views, do whatever you wish to do but be kind, and peaceful and let it be in line with the ideals and objectives of this great group that has spanned many years.

@ pwettymii my dear friend and sister, no vex again you hear, you know we all got everyone's back both old and new and you were only trying to do that for your sisters. But I wouldn't want us to derail the thread further. Nothing do you a d nothing go ever do you, praying for a successful tww for you, your BFP is next, Amen.

@ All Mamas and Papas, with the power vested in me as a Fruitful Mama in this thread, I hereby declare the matter closed and beg that no further comment/post be made except for a post of apology and make up from both people involved as the spirit leads. I feel happy when I come and see that the thread has moved fast cos I'll believe that a bfp or bfp's sef don shele and it's congrats pouring in but when I see this kind posts that derail thread, I no dey like am at all.

Daalu nu, Una Doh! , Ekushe, Sanu Da aiki, Una Welldone! If I no greet for your language, no vex just teach me.

No be NairaPlus na. Na NairaSurplus abeg. You just drew my attention to this.

1Dray:


The number was increased 1200 to 4000 (luckily the shortlist is not up to 4,000) when 40,000 people applied instead of 10,000 that they were expecting to apply.

2. What physical equipment would you give someone for eCommerce platform when he requires mainly working capital.

3. What is worrying in the fact that it's a loan and not a Grant? Weren't you aware it was a loan and not grant before applying? There are thousand and one peeps that wanted that space knowing it's a loan and not a grant but you ended up occupying the space and now worrying to the fact that it's a loan.

Good answers my brother.

I wouldn't even mind the loan at 15%, insofar as the complete 5million Naira is approved for me.

dominique:
You meet someone online and you decide to send money to him just like that? This is so baffling, I used to think that Nigerians are not 'scammable'. Sorry about your lost money, Hope you recover what you've lost.

Babe! We do business online and we transact cash here and there. So, the guy did nothing wrong by trusting him. Many people send me money before I render service requested.

However, where I blame him is that since he hasn't met this particular guy, he would have played safe by sending half the money first or even less. Many of my clients prefer to do that, even when only 10K is involved. In fact, as I am writing this, one of my client has paid upfront for something that I haven't delivered. So, we blame the guy who is making it difficult for clients to not trust us beforehand.

In fact, this is an opportunity... thinking mode activated!

40k for the feasibility study is scary for most Nigerian entrepreneurs.
I sell my feasibility study for 10k. Consider reviewing your price please.
Thanks.

In the spirit of the season, Nigeria’s Super Actress, Mercy Johnson Okojie is at the time of this report donating to widows according to a report filed in by Elder Enojie Omon.

Widows of Uromi Land are jubilating in Prince Odi Okojie house as his wife Mercy Johnson Okojie gives out to widows ahead of Easter celebration.

Items being donated to the widows by this superstar includes bags of rice, jars of groundnut oil, clothes and money.

Source: http://www.govaa.com/mercy-johnson-okojie-donates-widows-1959/

Many Students have the capacity to graduate with a CGPA of 5.0, but, the WICKEDNESS of the Professors and Doctors will not let them have it.

Imagine when a lecturer either tells you that:

"The Grade 'A' belongs to God"

or that

"You can never get an 'A' in my course"

or that

"Since I never got an 'A' in this course, you cannot get it"

They will even go to the extent of adding: "...no matter what you write."

How do you expect any student under such WICKED persons to graduate with a 5.0, even if they are worth it.

Kudos to the guy from Unliag, cos even though he's brilliant, he was also lucky.