₦airaland Forum

ikutikut:
harmonweb

I see they are a Nigerian hosting company. I haven't used them before and they don't have offer a free tier option that one could have used to try things out on their platform. I'll suggest you check out the corresponding documentation for the VPS or, better still, reach out to their support. I hope you find your answers!

GOFRONT:
U.S has stopped providing us with USAID. Now they are to deport us back to our Nativeland...

NIG 0 Vs USA 2

Well, since there is no more USAID to Cushion the effect of AIDS, the best thing is to think twice before I use my device because the quickest way to contract the HIV na through the Device.......

What the hell has USAID got to do with AIDS?

ikutikut:
Hello everyone,

I’ve already hosted my chatroom application on a VPS server, but I’m having trouble figuring out the correct IP address and port number to connect the chat to the server.

Could anyone help with:
1. How to find the right IP address to use?
2. How to choose or check the correct port for the connection?
3. Any firewall or networking settings I should configure?

I’d really appreciate any guidance. Thanks in advance!

You need to specify where your VPS is located or hosted at so we can provide useful feedback for your use case-is it Google Cloud, Azure or Digital Ocean?

MindHacker9009:
From a blog post: A little over a year ago, a friend of mine hired an agency to build a web application for his business. The application is basically a simple online platform for medical appointments and consultations via video calls using Twilio. Since my friend doesn’t have that much technical knowledge, he asked me to help him validate what the agency was proposing. When I read the proposal, I was shocked. Not only because of the value they were asking but even more so due to the technological choices. It was clear to me right away that they were the typical agency where no one knew anything other than Javascript and MongoDB (thanks, Freecodecamp! 😠) - in other words, they know very little about proper software engineering.

They mentioned React, Strapi, MongoDB and GraphQL as the foundational technologies for the application. This made absolutely no sense:

Strapi is a framework to build CMS, not a framework or library to build a full-fledged web application.
MongoDB is a document store but this type of application will obviously be based on relational data and thus, it needs a relational database.
GraphQL is meant for scenarios where you have a lot of scattered data and you need to easily be able to fetch random pieces of data from random places.
React might be a good fit for large teams building very large and very complex frontends but this is a fairly simple application and the agency building it is very small. [Would suggest jQuery still for any size project]

In summary, none of the tools they chose were meant to solve the problem at hand, which was building a very specific and very well-defined type of web application. Sure, any of those tools could be used to build the application, just as you can also use a spoon to cut your potatoes and a fork to eat your soup - but does it make sense? Just because you can doesn’t mean you should.

All of those choices added unnecessary complexity, which meant unnecessary time spent building the application, unnecessary electricity spent and the accompanying carbon footprint, unnecessary money spent by my friend, and ultimately even unnecessary frustration for the developers who are working on it. Yes, “working”, not “worked”, because they still haven’t finished it and are way beyond their original estimation of three to four months.

I’m not sure exactly how we got here but I think it’s a combination of at least three things:

The “anyone can code” culture, which led to too many pseudo-programmers contributing negatively to the ecosystems.
Marketing folks pushing buzzwords to everyone’s mind.
Script kiddies wanting to use the cool tools from the big guys because they all want to be the next Zuckerberg, without understanding the problems these tools were designed to solve.

The vast majority of companies are small. Your company is most likely a small company. What huge companies like Google and Facebook do does not apply to you. Not only does it not apply, trying to replicate what they do on your smaller company is actually detrimental. You do not have the same problems they do, and certainly not at the same scale. And even if you did, you don’t have the amount of money or people to absorb the complexity of the systems and tools they use. It’s incredibly counter-productive to adopt, for example, micro-services and Kubernetes in a company that has 6 or 7 engineers. Such a company does not have the type of problem these tools solve, nor do they have the capacity to absorb the complexity that comes with said tools. And yet, this is exactly what many small companies do.

Returning to my friend’s project: over a year later, what started as a simple medical appointments platform has become a cautionary tale of modern software development gone wrong. The unnecessary complexity introduced by poor technological choices has led to delays, increased costs, and frustrated developers - exactly the problems I’ve outlined above. Through this series of posts, I hope to show that there’s a better way: one that focuses on choosing the right tools for the job, embracing simplicity where possible, and remembering that our goal is to solve real problems, not to chase the latest trends. Perhaps by examining these issues one at a time, we can start shifting our industry back towards more sensible, maintainable, and enjoyable software engineering.

https://www.borfast.com/blog/2023/06/19/software-engineering-is-broken/

You're against companies using microservices or ochestration tools like Kubernetes just because the dev team consists of 6-7 engineers? Is it the team size alone that determines whether to use these tools or not, or the complexity of the product the company is building and other data points such as the number of users the company is serving?

Only God can purge the evil going on in that Ogun State. The state is cursed for real

The fact that it's able to understand what "Body dey inside cloth" means amazes me

Mariangeles:
At least, AI believe in prayers.😀

Who started this stupid idea of push gifts sef

She's so damn right. The last time I was there I couldn't help but complain to my guest about the foul stench present almost everywhere. The reply I got was "Who has the time to care about sanitation in Lagos"?

I'm also ending the year with Jesus.

I have come to realize that everything one can hope or pray for can only be gotten through God's generosity.

In 2025, I'll be living every second of my life with a deeper reverence for God. So help me God.

Amen.

Apple 🍎

Wordson:
Which kain rubbish play be this one na?!
1-1 half time?!
I refuse to watch the match until I see 2-1 or 3-1 in second half.

You can resume watching now

Obinnau:
To simplify your question:

Should you save your money in dollars at about 10% interest or should you save in naira at about 20% interest...

I am saving in naira, sometimes I feel I am mad, but I think all things being equal I get better returns in the naira investment than hedging against inflation using dollar instruments.

Another point to note is that I blend my investments over the months, so I exchange my usd to ngn in varying rates which smoothes out some of the dollar appreciation over time.

Thank you for this. I have analyzed both investments and I think it'd be wise to do 70-80% MMF and 20-30% Risevest.

Neurotika:
It’s unclear how investing in a portfolio yielding 8% less than MMF qualifies as a better inflation hedge. Unless there are additional factors not disclosed, such as historically stable returns or other undisclosed advantages. The argument is unclear.

Risevest's real estate plan has been yielding a consistent 11-12% annual return since 2021. Since both investments are low-risks, I don't think the real estate plan has any better advantage against the MMF. The only advantage might be the hedge against inflation but I think an 8% difference will make up for that and more.

enque:
I don't know much about risevest, but I know that the stanbic MMF rates is not fixed at 20-21% per annum as it is subject to going higher or lower depending on variable factors.
Meaning that at the end of the year, you may end up with 2M, less than 2M or more than 2M as the case may be.

Oh, interesting. I actually thought the interest for MMF is guaranteed to increase. What are some factors that could influence the rates, if I may ask?

emmasoft:
@Babtunz Kindly note that everything is in order.

By SEC rule, all MMF should have the following parties involved:

1. The Fund manager registered with SEC. In your case, it's Stanbic asset management
2. Custodian bank- a bank not affiliated to the fund manager, in your case, the custodian bank is UBA which is not affiliated to Stanbic, others like FBNQuest uses Citibank, Norrenberger uses UBA, Ucap uses Stanbic and so on
3. Trustees which ensure the MOU of the fund and the underlying asset is adhare to, this is always the second Account name seen on the collection account
4. SEC - This is the government representative and incharge of all investment matters in Nigeria. Any investment product or fund manager not approved by SEC is illegal no matter who is involved.

Reason for the above arrangement is to have checks and balances (Good corporate governance). It's one of the reasons we say MMF is a low risk investement, everything likely to be of risk is mitigated against.

Hence when anyone introduce a fund manger to you, check out for all the parties mentioned above. If any or all is missing please keep your money to yourself irrespective of the returns that is promised

let's be well guided.

Thanks for the explanation. I appreciate it!

Hello all,

Please I need your inputs on this. Say you have #10m to invest, how would you go about it? Would you rather:

1. Invest all in Risevest real estate plan for a 11-12% annual return. Using the exchange rate of 1650, that's about $6060. 12% of that is $727 which is about #1.2 return in a year.

2. Invest all in Stanbic MMF for a 20-21% annual return, which is about #2m.

3. Putting inflation into consideration, I'd go for number 1 but leaving out a potential 800k in option 2 doesn't sound very wise to me.

If you have any other way you'd go about this please kindly share 🙏🏾

May Nigerian Police never happen to us all. Those psychopaths should not be living among sane people.

freeman67:
I transfer to that same account when funding. I alo ensure that I write my account number on the narration,remark or reason for payment column so , there's nothing weird there.

Infact that's how all much funds collection accounts are.

Plus10:
It’s not weird, that is how mmf collections work.

Thank you!

Hello all,

Please how do you normally fund your Stanbic MMF?

I found this (see attached image) on their website, but it looks weird to me that the receiving bank is UBA.

Onyiridike:
I will.

All right. Thanks!

Onyiridike:
He cannot change his style and neither can he take risk. The reason I prefer Mourinho to him.
Mourinho can play a defender as a striker if that will help him to win.

Hello,

I attempted to reach out to you by sending a message request. I'm not sure if you received it. Please kindly check 🙏🏾

Meerahbel:
Buy ARADEL if you have money on NGX.If you're looking for companies that offer Real Estate Investment Trust (REIT) services in Nigeria, here are some top options:

- UPDC Real Estate Investment Trust (REIT): A close-ended real estate fund listed on the Nigerian Exchange Limited (NGX) and regulated by the Securities and Exchange Commission (SEC). They offer a diversified portfolio of real estate assets in Lagos

- Union Homes REITs is listed on NASD

These companies provide various options for investing in real estate in Nigeria, offering benefits like stable cash distributions, rental income, and potential long-term capital appreciation.

Many thanks!

Meerahbel:
Real Estate Investment Trusts (REITs) in Nigeria offer a unique opportunity for individuals to invest in real estate without directly managing properties. REITs allow people to buy and sell shares in companies that own or finance real estate properties, providing a way to diversify investment portfolios and earn rental income without the hands-on work of being a landlord

Types of REITs in Nigeria:

- Equity REITs: Invest in and own properties, generating income from rents and property sales.
- Mortgage REITs: Invest in and own property mortgages, generating income from interest on the mortgages.
- Hybrid REITs: Combine elements of equity and mortgage REITs, investing in both properties and mortgages .

*Benefits of REITs in Nigeria:

- Liquidity: REIT shares can be easily bought and sold on the Nigerian Stock Exchange.
- Diversification: REITs provide a way to invest in real estate without directly managing properties.
- Stable Income: REITs can provide a regular stream of income through dividend payments.

Challenges Facing REITs in Nigeria:

- Lack of Public Awareness: Many Nigerians are not familiar with REITs and their benefits.
- Difficulties in Processing Land Titles: The process of obtaining land titles in Nigeria can be slow and cumbersome.
- Limited Regulatory Framework: The regulatory framework for REITs in Nigeria is still evolving and may not provide sufficient guidance or support.

Despite these challenges, REITs in Nigeria have the potential to provide attractive investment opportunities and contribute to the growth of the country's real estate sector.

Thanks for this. Which companies in Nigeria offer these services, please?

Is it AI that helps students draw chemical structures and solve math problems during exams?

Lastbornbuns:
The part he said he'll deport undocumented immigrants and their family who may be US citizens in order not to "break up the family" 💀

Or where he said he would only show retribution through success. And then when asked if he will go after his enemies, said "If they were crooked, if they did something wrong, if they have broken the law, probably."

justwise:
Trump vows to end birthright citizenship

Hurry up before Trump gets his way

https://www.bbc.co.uk/news/articles/cj30er1d6mxo

I laughed so hard reading this

Potable water*

JONSYN7154:
you didn't add TINIBULATION

Tinubulation

datola:
What kind of data in percentage is this

I think the percentage is based on the number of people that responded to a particular category.

Trust women at your own peril.