Investment › Re: Treasury Bills In Nigeria by akpos4uall(m): 7:07pm On Jul 24, 2020 |
ultron12345: Remember the discussion we had here the other day about how the fraudulent and corrupt mindset of Nigerians ends up killing businesses that are supposed to create jobs and improve the economy.
Copied this from Twitter. --------------------------------- So I am doing a Strategy course and I want to tell a story about how Enviroments impact Strategy. When Uber came to Nigeria, they had a world class strategy. There was one flaw in their Strategy, it only worked "Ceteris Paribus" Unfortunately Nigerians are not normal.
So one of the strategies was to encourage New riders/Drivers to Sign up. Lets start with the riders. Whenever a new person signed up on Uber they gave a promo code. Typically this was between 1000, and 3000 naira. Sounds good right?
Nigerians, started multiple signups. So if I (hypotethical I please) wanted to go out, I would create a new account. Ride free. When I get there, I would create another and ride back. Also free.
Uber tried their best to mitigate this fraud, tried to limit it phone numbers. But like Oga Pantami said each one of us has 4 lines, even if you don’t. New sim 200. Free ride 2000. Net profit 1800. So they started locking phones to 3 acccounts per phone.
That was the riders o. Now to the drivers. First there was the signup bonus. Basically everytime you introduced someone to driving on Uber, Uber paid you 40,000 naira. I am not going to lie this was part of my motivation. I made money.
Tap your neighbour and say Nigerians. Oya sanitize your hand let’s continue.
So first and foremost there was the issue where people would sign up and not drive. When you get the money you share them. Uber now said no problem. They would only pay after 20 trips.
People would register, drive the Trips, collect the Bonus and Stop Driving. You also know In Nigeria we had the fleet Option, so I would hire a driver, register him and on every driver, make 40k. All in all stress for Uber.
Final Strategy for today, I am tired. Incentives. Part of the plan was to undercut local taxis, so in Abuja an Airport to Town trip was between 4-5k. Its been like that for years, Uber came and said we will carry this route for 3500.
So to encourage Drivers, Uber now said okay. Please go, if you go rider will pay you 3500, we will then give you a matching bonus of 3500 making the Trip 7000.
Beloved, eye hath not seen, ear hath not heard, neither had it entered the heart of Uber the kind of Fraud that happened next. Now you remember the earlier rider fraud? So a Driver, creates a new Rider = +2000 Requests himself to the airport, Cash trip, 3500 = -1500 paid =7000 Round Trip = 14000. An enterprising Fraudster can do 10 Roundtrips to the Airport in a day. That's 140,000. Without picking a single person. How much do you earn? Fink About it
Uber tried everything. Geofencing the Airport. Not allowing people request from the same spot, everything. They had to remove the incentives. Essentially what I am saying is Nigerians are special, factor that . Till another episode of 'Tales from Uber' Grace to you.
---------------- Copied from Twitter. Thanks for sharing. May you please share the twitter handle you copied from or better still share link to the thread |
Gaming › Re: Brand New Gaming Clan Needs Members by akpos4uall(m): 9:39am On Jul 08, 2020 |
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Computers › Re: How To Download And Install PUBG Lite For PC In Any Country by akpos4uall(m): 9:00am On May 06, 2020 |
The site can't be reached. The link you provided is not working. |
Computers › Re: How To Download And Install PUBG Lite For PC In Any Country by akpos4uall(m): 8:59am On May 06, 2020 |
The site can't be reached. |
Gaming › Re: Brand New Gaming Clan Needs Members by akpos4uall(m): 12:48pm On May 05, 2020 |
Please help. I'm trying to play on pc but it's saying "not available in your region" how may I go about this. |
Computers › Re: Post Your Computer (PC) Troubles Here. by akpos4uall(m): 6:54am On Oct 27, 2019 |
I just turned on my laptop, was using calculator on the computer to make some calculations and suddenly I heard a pop sound and the laptop turned off. Now it can't start. The power button not responding. I removed the battery and connected it directly to power yet it won't start.
Please help me, thanks! |
Education › Re: Why Are School Children Not Repeating Classes Again? by akpos4uall(m): 10:38am On Oct 25, 2018 |
ITbomb: Repeat which class?
Is it the one I'm paying 80k per term and N240k per year?
Is like something is wrong with you You are part of the problem we are facing today in our country Nigeria. |
Romance › Re: Do You Believe In Love? Nigerians React (Video) by akpos4uall(m): 2:08pm On Dec 16, 2017 |
safarigirl: the only true love that exists is between mother and child, any other thing is conditional love The love of a mother towards her child is also conditional. The condition being that it is her own blood. Hence you are wrong. |
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TV/Movies › Re: 6 Things To Know About TSTV Before Buying by akpos4uall(m): 4:01am On Oct 03, 2017 |
damilarea2: The data is additional package like its done in UK... BSkyB comes with Unlimited Data for browsing with their decoder hot spot. You watch channels with Satellite signals while you use the data to connect your laptop , phones, tablet even your PS4 to internet till your data finished. Your data can even finished before 30days and still be viewing channels. Such a contradictory message. You said it comes with unlimited data for browsing yet it is possible for you to exhaust your data before 30 days. How? |
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Investment › Re: How To Withraw Your Bitcoin Staight To Your Local Bank Without Any Exchanger by akpos4uall(m): 11:39am On Apr 27, 2017 |
egodswill: Go to localbitcoins.com and choose any seller whose price is ok for you and buy bitcoins... It's safe and secured. Just be sure to deal with a reputable seller So on point. I'm even surprised that most people here seem not to know it. I've traded several times on that site. It is a reliable site for trading bitcoins. 10 minutes is enough to complete a transaction. One can even be a daily active trader by quoting his/her own exchange rate, buying and selling bitcoins at various rates with well specified conditions. |
Phones › Glo Data Share Not Working by akpos4uall(op): 9:09am On Apr 13, 2017 |
I'm having problem sharing my data with a particular friend of mine. I've been able to share data with several other friends in the past but when I did with this other friend, it didn't work. According to him, once his data connection is enabled, money gets deducted from his account. When his account is zero, the connection doesn't work. What could be the cause? Anyone else experiencing such problem with data sharing? |
Politics › Re: James Ibori Is Set To Return By December, Delta Residents Rejoice by akpos4uall(m): 3:16pm On Sep 27, 2016 |
sevule: People like you are the first to throw a tire on a man that is caught stealing a phone because he is hungry. Yet you are welcoming a man that stole enough money to buy a million phones. If that is NOT A GENERATIONAL CURSE then I do not know what is!
ABEG DID SOMEONE SWEAR FOR NIGERIANS
All the things that James Ibori did in Delta state, DID HE USE HIS MONEY TO DO IT? Are you aware that the money belongs to you and I? If someone steals 100,000 Naira from you and decides to give you 100 Naira from it would you congratulate him??
But that is EXACTLY what you are doing by welcoming James Ibori!!
Tufiakwa!!!!! I agree with your analogy , but tell me that ex governor/politician that stole 100,000 Naira from her people and was able to return as little as 10 Naira? It is rare to find any and if there is any with a better will for her people, it will be difficult for him to get up there. I noticed that non deltans have a far different view about Ibori compared to the deltans. The irony of it all is that 95% of our politicians are not different from him but... My reply to non deltans, 'the devil you know is better than the angel you don't know' |
Business › Re: ATM Usage Higher In Nigeria Compared To UK - Computer Warehouse Group by akpos4uall(m): 10:59am On Aug 03, 2016 |
1stCitizen: There is nothing like believing.Its a fact. I use cash machines everyday in the UK. I have used Nigerian cash machines as well. UK cash machines just dispense cash, allow balance checking and PIN reset. Naija cash machines have better functionality. I think the key word here is "functionality" He must have misinterpreted the word. |
Romance › Re: Dating Drills! Guys Only! by akpos4uall(m): 3:25pm On Aug 01, 2016 |
SexyRat: I called her now, and she is asking me if I have a girlfriend. I told her to come over to the house so we talk about it. Though I have a babe, but we ain't serious. I want to date her. What do I tell her. And pls, give me vibes way I go take they turn her head upside down
Thanks Here lies your answer. HARDDON: Now to your Question:
IF A LADY EVER ASK U ONE OF THESE THEIR CLASSIC , NERVE WRACKLING QUESTIONS, THESE R THE RESPONSES
CLASSIC QUESTION:
1) Do you have a gurl friend? 2) What do you want from me? 3) What I'm a to you? 4) Are you a player/heard u r a player, my mind tells me you r a player 5) What about your gurl Friend? ( they ask these when u tryina take things physical 6) Where is this r/ship leading us? 7) Can you pay my bills?
DO you have a ride? 9) what do u think about waiting till marriage b4 sex?
And a host of others that just makes ur mouth dry if u ain't prepared HARDDON: lets unravel the riddle
1) DO YOU HAVE A GURL
POSSIBLE RESPONSES:
1) if she ask this while u guys r hanging out physically, make a surprise face with a queer smile , if it is tru chat, use the surprise emoticon followed by a crooked smile.... And say:
How can u ask a tall , dark n handsome guy with broad shoulders n abs if he has a gurl? I don't have a gurl, I have gurls! One for each day of the week....
If she ask : so what r u doing with her? Reply her with : well, my Saturday just became vacant because Saturday Boo travelled out for her masters! Told her already I don't do longDistR/ship n parted ways with her so I don't go cheating on her while she is gone. We r currently taking application to fill that void.
2) or say; I'm I not too hawt not to have a gurl? Then proceed and show her ur puffed muscle , stand up n pretend u wano pull up ur top so she can check out ur abs .... By the time she is laughing so hard, she wud forget
3) or say, You have been trying to have one but they r all too interested in sex @ first sight! And u just stop taking their calls thereafter, hope u wudnt be like them?
4) or say : No, I am a virgin, I don't want anybody that wud come and take my virginity without my conscent !
5) Or make funny faces n say..... My heart is too big for one gurl to carry! You wano kill her?
6) or simply say yes and start Describing her.... Yes i mean start describing the she that just asked the question now!
Like; she got tiny eyes, small mouth, big nose, wears cup size 38a bra(this must be a fact! U must learn all bra sizes out there! ) yea i know its kinda small but i manage it, she can be a pain in the as3 sometimes but what can I do.. She always thinks I'm cheating on her cos I'm so handsome ......
These are some of the lines I personally use n still use! I used that number one yesterday, now we r talking dirty, we r meeting next week Friday n guess what?  |
Politics › Re: Senators Fear Gender Equality Bill Will Turn Women To Prostitutes & Lesbians by akpos4uall(m): 9:48am On Apr 14, 2016 |
hush15: If anyone care to listen, why even bring it up in the first place.
This term called "gender equality" shouldn't be encouraged. What is the comparison in the first place? That a woman wants to have equal rights with men or what! How can it be so? What rights does man have that women wish to have or should I ask what right a woman has that a man wish to have cos this gender thing shouldn't exist in the first place! Is it the quest for superiority? What's the competition all about? What happen to a life of purpose and it's sad to think we inferior to each other that would want to make us contest for superiority.
God created man for a reason, and then formed the woman for a reason and am pretty sure the two reasons are mutually exclusive and never equal, neither is one superior or inferior to the other. It's very simple, let's walk according to God's Will and reason for us rather than equate each other. I am not sure plan man and woman to fight for equality else context of term "weaker vessel" won't have suffice.
Pls, let's observe nations that have accepted this gender equality and examine them. The first thing you would notice is relationship values are lost and gone, where respect and love of God is taken for granted and thrown to the trash. Followed by decay in moral value where dignity, honor, family values among others are lost and the final phase which is lost societal and spiritual values are 6ft below. It's this same gender equality that lead to gay marriages in some part of the world. All these leads to a society where men are no longer men and women no longer helpers as God designed. It's really sad cos I wonder and ask, so where is God in all these?
Women no longer understand their roles and men who can't cope find solace in men like themselves. Marriages crashing at very alarming rate and relationships built on false foundations. Gender Equality isn't empowering women, it is killing the institution called FAMILY cos at the end of a day, when a woman believes she and her husband have equal rights, rights that only God can give, there is no way she wouldn't take it for granted and misbehave eventually that will breakup the marriage.
We need to understand our roles in life as Structured by God. When we do, we would realise that there isn't any need for this gender equality. It doesn't mean there won't be issues, it just that we will have a more Godly way of resolving them than proclaim a right that no man can give.
Men, let's us learn to appreciate the women as Christ loved the church and women, let's honor our men as God has designed it. He is God and he knows better. The Senate should go take a chill pill on the gender thing.
So much to explain but for me, this gender thing is just another tool of the devil to confuse the world and spoil the design of God thru mankind. We should not give in...
Thank you Thanks for nailing it. Not until I read this, I was trying to understand how this so called equality could lead to lesbianism and all that but clearly, as you pointed out, it is one of the major causes of same sex marriage and the high alarming rate of family/relationship break ups in the western world. |
Romance › Re: Beware! Pornography Dulls The Brain, Kills Libido.... by akpos4uall(m): 9:29am On Sep 06, 2015 |
PaoloMaldini: Actually I personally think the increase in the gay pics stuff on google is as a result of scamming nt that nigerians enjoy gay porn or sumthin. Nigerians don't only scam staright guys. They scam gays as well. They accounts on these gays sites. Talking from what av actually seen Making sense |
European Football (EPL, UEFA, La Liga) › Re: Nairaland Fantasy Premier League 2015/2016 by akpos4uall(m): 3:57pm On Jul 12, 2015 |
akpos4uall: Got the code @mukina2 for Carling Cup but it is invalid. Once again E Dragon FC Please ignore. I Just gave it a try once again. It worked this time around. Thanks |
European Football (EPL, UEFA, La Liga) › Re: Nairaland Fantasy Premier League 2015/2016 by akpos4uall(m): 3:19pm On Jul 12, 2015 |
Got the code @mukina2 for Carling Cup but it is invalid. Once again E Dragon FC |
European Football (EPL, UEFA, La Liga) › Re: Nairaland Fantasy Premier League 2015/2016 by akpos4uall(m): 4:29pm On Jul 11, 2015 |
Send codes. Among top 50 last season as well as made it to the knock out stage of the H2H I joined. E Dragon FC reporting. |
European Football (EPL, UEFA, La Liga) › Re: Nairaland Fantasy Premier League 2014/2015 by akpos4uall(m): 12:00pm On May 16, 2015 |
mukina2: Haters 
I gorritt!
Team Librans FC  Oh oh oh So you're Librans FC You eliminated me in the just concluded round. Congrats mate. Wishing you the best May the better team win |
Education › Re: Nairaland Mathematics Clinic by akpos4uall(m): 12:21pm On May 12, 2015 |
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Education › Re: Nairaland Mathematics Clinic by akpos4uall(m): 12:16pm On May 12, 2015 |
benji93: I see you really like differentiation, but i dont tink its necessary here,infact you can solve this problem without it if there is a solution,you were not given V as a function of t,neither were you given r as a function of t,so where are u going to apply this, i know i could have done sth with my average multiplying by two and subtracting the initial rate,but you dont even have one in this question,only if i take the initial rate as zero,tht i can have the final rate as average times 2(in that case u can continue), your use of differentiation will only come handy when it involves functions,but yours contained values. This problem involves differential equation We were given an initial value as well as another value after a certain amount of time Here is the problem once again akpos4uall: Lemme also drop mine. Btw, its off head assumption, but its a lil bit realistic. Assuming that the rate of outflow of water from a tank of capacity 2500 dm3 as a result of a hole at the base of the tank is directly proportional to the volume of water in it at each point in time, if it takes 10 hours for the water to drop from full capacity to 1%, find A) how long it'll take to drop to 10% B) the volume of water left after 1 hour C) the volume of water left after 9 hours In short in a tabular form, show the % of amount left for each of the first ten hours. *the solution is in the thinking* The flow rate can be represented as dV/dt This is proportional to the volume V i.e. dV/dt = kVWhere k is the constant of proportionality dV/dt = kV dV/V = kdt Integrate to get InV = kt + cWhere c is constant of integration Applying the given conditions When t = 0, V = 2500 & When t = 10, V = 25 The equation becomes InV = In2500 - 0.1tIn100 InV = In2500 - In(10) 0.2tTake exponential of both sides to get V = 2500*(10)-0.2tThe above equation is the volume-time relationship. Using V = 250, Solve for t to get t = 5 Hence it'll take 5hrs for the water to reduce to 10% When t = 1, V = 1577.4 which is 63.10% When t = 9, V = 39.622 which is 1.585% In a table like form, here is corresponding % left for the first ten 10hrs Time(hrs). % left 1 63.10 2 39.81 3 25.12 4 15.85 5 10.00 6 6.310 7 3.981 8 2.512 9 1.585 10 1.000 I stand to be corrected |
Education › Re: Nairaland Mathematics Clinic by akpos4uall(m): 12:54pm On May 10, 2015 |
benji93: let rate =r and volume =v R is proportional to V R1/V1 = R2/V2 at the point where it drops to 1%,the rate is (99/100*2500)/10 rate=247.5 but the volume at that point is 2500-2475=25 when the level drops to 10% volume=(10% of 2500)=250 247.5/25=R2/250 ,R1 =2475 R1 = Volume out/ total time 2475 = 250/total time total time taken to reduce to 10% = 6.1 minutes Nice try. You are closer to solving this problem but not there yet. There is a flaw in your approach. It has to do with your rate of change Using your formula R1 = Volume out/ total time This can be rewritten as R1 = change in Volume/ change in time R1 = change in V/ change in t The above is simply average flow rate within two time frames. This is not what we need. We need to find the flow rate at any point in time t. We can achieve this by applying first principle of differentiation. Which is: as the change in time approaches zero, we will get the flow rate at that point in time R1 = change in V/ change in t As change in t approaches zero, the above equation becomes R1 = dV/dt There you have it. I guess you can continue from here. |
Education › Re: Nairaland Mathematics Clinic by akpos4uall(m): 10:40pm On May 08, 2015 |
Kendzyma: whats d proportionality constant? That's why it is a problem. Try to figure it out. benji93: at the point where it drops to 1%,the rate is (1/100*2500)/10 rate=2.5 but the volume at that point is 2500-25=2475 when the level drops to 10% volume=(90% of 2500)=2250 Your work shows that you misinterpreted “a drop to 1%” as “a drop by 1%”. These are two different statement. Give it a try once again. |
Education › Re: Nairaland Mathematics Clinic by akpos4uall(m): 7:37pm On May 07, 2015 |
Lemme also drop mine. Btw, its off head assumption, but its a lil bit realistic. Assuming that the rate of outflow of water from a tank of capacity 2500 dm3 as a result of a hole at the base of the tank is directly proportional to the volume of water in it at each point in time, if it takes 10 hours for the water to drop from full capacity to 1%, find A) how long it'll take to drop to 10% B) the volume of water left after 1 hour C) the volume of water left after 9 hours In short in a tabular form, show the % of amount left for each of the first ten hours. *the solution is in the thinking* |
Health › Re: Be Careful Who You Sleep With by akpos4uall(m): 11:56pm On Apr 27, 2015 |
Toks2008: I have heard many guys boast about the number of ladies they have bedded and even some foolish ladies do this and when i hear some clueless people pride themselves about this i only feel pity for them because rather than boast and celebrate the number of guys or ladies they have slept with,in actual fact, they ought to be in a church praying for deliverance for the number of curses they have added to their lives.
For every lady or man you sleep with,you become one with such and that means you share in any form of curse he/she has irrespective of the source of the curse... Why the emphasis on curses only. What about blessings, character etc |
Education › Re: Calculus Game Lodge!! (its Rewarding ) by akpos4uall(m): 7:54pm On Apr 27, 2015 |
Lemme also drop mine. Btw, its off head assumption, but its a lil bit realistic. Assuming that the rate of outflow of water from a tank of capacity 2500 dm3 as a result of a hole at the base of the tank is directly proportional to the volume of water in it at each point in time, if it takes 10 hours for the water to drop from full capacity to 1%, find A) how long it'll take to drop to 10% B) the volume of water left after 1 hour C) the volume of water left after 9 hours In short in a tabular form, show the % of amount left for each of the first ten hours. *the solution is in the thinking* |
Education › Re: Nairaland Mathematics Clinic by akpos4uall(m): 6:36pm On Mar 22, 2015 |
benji93: let me give you a hint,complete the triangle by joining the dip points,then by applying circle theorem you have the upper angle gives you 90 degrees,then you can use congruent shapes to find the radius of the larger circle and then the area of the square benji93: What is the area of the large square ? Using the center of the figure as O, the point where the two circles meet as A & the points where the smaller circle touches the horizontal & vertical axis as C & B respectively, OC = x, OB = y OA = r = 6 + x = 4 + y => y - x = 2 AC = x + r BC 2 = x 2 + y 2AB 2 = r 2 + y 2Using circle theorem, AB 2 + BC 2 = AC 2r 2 + y 2 + x 2 + y 2 = (x + r) 2r 2 + 2y 2 + x 2 = x 2 + 2xr + r 22y 2 = 2xr Substitute 2 + x & 6 + x for y & r respectively into the above equation 2(2 + x) 2 = 2x(6 + x) (2 + x) 2 = 6x + x 24 + 4x + x 2 = 6x + x 24 = 6x - 4x x = 2 => y = 4, r = 8 The area of the larger square = 4r 2= 4 * 8 * 8 256
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Education › Re: Nairaland Mathematics Clinic by akpos4uall(m): 3:37am On Mar 08, 2015 |
benji93: (12345678*12345678)-(12345676*12345680) [quote author=Tpappie post=31244609][/quote]Let 12345678 = w The question can be written as w*w - (w - 2)(w + 2) w*w - (w*w - 4) w*w - w*w + 4 4 |