CPriest's Posts
Nairaland Forum › CPriest's Profile › CPriest's Posts
 Business › Re: We Can’t Reverse ATM Card Ban Abroad – CBN by CPriest(op): 7:26am On Dec 28, 2015 |
Dymaco:Thought Buhari was going to work his magic. Nigeria's HIV will turn to AIDs if they don't stop 'politicising' things. When the suffering goes beyond measure and public outcry turns to public law breakdown, they will know how hard life gets with silly leadership. |
| Business › Re: Imagination - How To Survive "Ba-dollars" As A Foreign Student by CPriest(op): 7:24am On Dec 28, 2015 |
PLANETMARS:Please how do I fund it? Getting a verified pp is possible. Thanks. |
| Business › Re: We Can’t Reverse ATM Card Ban Abroad – CBN by CPriest(op): 7:11am On Dec 28, 2015 |
chuksbaby:Ben Murray Bruce says it is a way to punish bloggers (social media activist) through the backdoor. Although that may be taking it too far but he was so much for the masses in his post on the matter. |
| Business › Re: We Can’t Reverse ATM Card Ban Abroad – CBN by CPriest(op): 7:01am On Dec 28, 2015 |
Dymaco:- many likes for your post. A refinery can be built under $1bn and it can be built under 3 years. That will so much ease the pressure on dollars. Toothpicks and school fees isn't the major consumer of dollars. |
| Business › Re: Wikipedia Now Begs For Funds by CPriest: 6:57am On Dec 28, 2015 |
This is not the first time they will be doing this ... And maybe Nigerians don't pass ... No big deal in asking for donations. It is a normal way of life over there. 2 Likes |
| Business › Re: We Can’t Reverse ATM Card Ban Abroad – CBN by CPriest(op): 6:44am On Dec 28, 2015 |
CoCoLav:But we can't afford to leave them to hang. It is unjust. The sad thing is, children of politicians and the rich will not suffer. It is only the poor hardworking Nigerians who have gone to really study for a brighter future that will bear the stress. Some Nigerian students survive on the N5,000, N10,000 etc their parents deposit into their accounts here. Some Nigerian lecturers running postgraduate survive on their salaries paid into their accounts back home. It isn't only the students that should protest. And that protest was not even strong enough. Next year will be tough on them. |
| Business › Imagination - How To Survive "Ba-dollars" As A Foreign Student by CPriest(op): 5:54am On Dec 28, 2015 |
Scenarios and my possible actions Scenario 1. No access to dollars to pay for school fees The lives of several promising young people are being affected with this no more dollars matter. What a shame. But then what will I do if that happens to me? a. I will notify my school/university immediately. Copies of the letter will go to my advisor or supervisor, faculty admins, and the provost's office. It is important that you get an official letter from your bank if possibly stating that they are so poor now (just joking) and that they can't provide dollars for you. Attach your parent's / sponsor's statement to show you are solvent in Naira. This is just so that when push becomes shove, you can still buy time. b. My online banking must work. Right now I am in desperate conditions. If any bank/banker annoys me ... So I need a platform where I can transfer Naira as fast as immediately. c. I will network. Now is the time to go shopping for all Nigerians in town! From Arewa, to Ndigbo, to Odua, I must know every Nigerian in the town/country that I am in. Especially those employed or in business. I will have them become my dollar-ATM, and I will become their family-support ATM back home. That is why my online banking must work. d. If my fees are under $10,000 I will simply carry the cash, I will arm myself with my school invoices, letter from the bank. I will declare cash when I get to the destination. Each time I come around to Nigeria, I will carry dollars physically with me. Period. e. As much as possible, I will get the cheapest accommodation that I can. f. As nice Nairalanders, you must post me sachet milo, indomie, sugar, you get the picture? Don't forsake me in a foreign land. Be your sister's keeper. Don't beef me because I am studying abroad. Tomorrow may be your turn. Ok, jokes apart. My family must NIPOST me every possible thing that is allowed. Now that is export isn't it? I am patronising made in Oshodi goods. I am a nice Nigerian. Don't bother sending Agege bread. Won't make it to me fresh. g. By the way, I won't buy ANY clothing, no matter how cheap it is. h. Time to get some work. I know it is hard, and maybe illegal, but desperate times. Yeah. i. I will pray to God that the downfall of the Naira not be an obstacle to my education. Seeing that time is money, I will stop this post now, and look for someone who will at least pay me something, even if it is $5 per hour. To be continued! 1 Like |
| Business › We Can’t Reverse ATM Card Ban Abroad – CBN by CPriest(op): 4:12am On Dec 28, 2015 |
Ifeanyi Onuba The Central Bank of Nigeria has said the decision of Deposit Money Banks to place a restriction on the use of Automated Teller Machine cards abroad by bank customers is due to scarcity of foreign exchange. The apex bank said while it had no powers to reverse the restriction placed by the DMBs on the use of the ATMs abroad, the CBN was in support of the decision as it would assist in reducing the pressure on the naira. The Director, Monetary Policy Department, CBN, Mr. Moses Tule, who said these in Abuja while speaking with journalists, explained that the restriction might continue until the country could increase its foreign exchange earnings. He said if banks had not taken the decision to restrict the use of the ATM cards abroad, some of them would current be experiencing challenges meeting the overseas demand of their customers. This, he added, would have caused huge liabilities in the balance sheet of the banks, thus affecting their operations. Tule said much as the CBN sympathised with Nigerians for the sufferings they were experiencing in carrying out transactions abroad, there was little it could do to reverse the decision of the banks. He said, “The limitation on the use of debit or credit cards outside the country was not a limitation that was placed by the CBN. “They were restrictions that Deposit Money Banks placed because they have to settle whatever transactions you make with your debit cards with their corresponding banks in foreign currency. And if the banks do not have the foreign currency to do that, then you create a liability problem for them.” He said, going forward, the priority of the CBN would be to use the foreign exchange to settle matured Letters of Credit that had been opened for importation of petroleum products and other raw materials. “Given the level of current flow into the reserves, by the time we meet these priority areas, [size=23pt]you will discover that people who are using their debit cards overseas for shopping can never be on the priority list[/size],” he added. On the devaluation of the naira, Tule said President Muhammadu Buhari had, using the budget, given a policy direction on what the CBN should do, adding that “hard choices” would be taken next year by the bank. He, however, failed to provide details of what he meant by hard choices. He said, “If you read the budget speech of the President, there was one sentence there where he said we must make hard choices in 2016. The budget is designed to open the growth potential of the economy and the President has said we must make hard choices. “As policymakers, we are going to make those hard choices so at the right time, the CBN will take the appropriate decisions that will strengthen the foreign exchange market.” http://www.punchng.com/we-cant-reverse-atm-card-ban-abroad-cbn/ |
| Business › Re: If You Are As Rich As Billionaire Richard Branson, Will You Do This? (photo) by CPriest(op): 5:46pm On Dec 26, 2015 |
ratchy:Yeah, I didn't see it in that light. You must be a right-activist in the spirit. I wonder what was on his 'head' with this type of act. |
| Business › Re: If You Are As Rich As Billionaire Richard Branson, Will You Do This? (photo) by CPriest(op): 5:37pm On Dec 26, 2015 |
ratchy:I was already setting myself up for that type of pose. I bet it would trend, but you burst it as 'silly'. |
| Business › Re: If You Are As Rich As Billionaire Richard Branson, Will You Do This? (photo) by CPriest(op): 5:35pm On Dec 26, 2015 |
ratchy: |
| Business › If You Are As Rich As Billionaire Richard Branson, Will You Do This? (photo) by CPriest(op): 5:29pm On Dec 26, 2015 |
Well, one of the most famous billionaires, Sir Branson is having a fun time. What do you think about this picture? Which Nigerian billionaire would you love to see in a pose like this?
|
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 5:25pm On Dec 26, 2015 |
deedat205:Flippa Afternic Freemarket NamePros If you can try to resolve your issue(s) with Sedo, then that will be great. |
| Christianity Etc › Re: Christmas Full Moon - Last Seen 1977; To Be Seen Today, And Not Again Till 2034 by CPriest(op): 11:28pm On Dec 25, 2015 |
MrPresident1:True |
| Christianity Etc › Re: Christmas Full Moon - Last Seen 1977; To Be Seen Today, And Not Again Till 2034 by CPriest(op): 11:27pm On Dec 25, 2015 |
vooks:This is nice, really. |
| Christianity Etc › Re: Christmas Full Moon - Last Seen 1977; To Be Seen Today, And Not Again Till 2034 by CPriest(op): 6:23pm On Dec 25, 2015 |
Ishopbest:I noticed the moon yesterday evening about 6pm when I was outside. I was wondering the sudden appearance of a moon at that time. Just read this now and I understood why that happened. |
| Christianity Etc › Christmas Full Moon - Last Seen 1977; To Be Seen Today, And Not Again Till 2034 by CPriest(op): 6:00pm On Dec 25, 2015 |
Rare Full Moon on Christmas Day Not since 1977 has a full moon dawned in the skies on Christmas. But this year, a bright full moon will be an added gift for the holidays. December’s full moon, the last of the year, is called the Full Cold Moon because it occurs during the beginning of winter. The moon’s peak this year will occur at 6:11 a.m. EST. How the moon will appear on Christmas, 2015. This rare event won’t happen again until 2034. That’s a long time to wait, so make sure to look up to the skies on Christmas Day. As you gaze up at the Christmas moon, take note that NASA has a spacecraft currently orbiting Earth’s moon. NASA’s Lunar Reconnaissance Orbiter (LRO) mission has been investigating the lunar surface since 2009. “As we look at the moon on such an occasion, it's worth remembering that the moon is more than just a celestial neighbor,” said John Keller, NASA’s Goddard Space Flight Center in Greenbelt, Maryland. “The geologic history of the moon and Earth are intimately tied together such that the Earth would be a dramatically different planet without the moon.” LRO has collected a treasure trove of data with its seven powerful instruments, making an invaluable contribution to our knowledge about the moon. LRO is managed by NASA’s Goddard Space Flight Center in Greenbelt, Maryland, for the Science Mission Directorate at NASA Headquarters in Washington. https://www.nasa.gov/feature/goddard/rare-full-moon-on-christmas-day |
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 1:02pm On Dec 25, 2015 |
Chibenze:God bless you, God bless us all. |
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 7:56am On Dec 25, 2015 |
Goodnuel:I wish you the same too! Hope you've got the chickens and turkeys lined up for firing squad already. Got .com.ng N1,350 and .ng N12,800. Am a reseller though but then there was also a promo going. |
| Business › US $6.5 Billion Up For Grabs - Where Are The Affiliate Marketers On NL? by CPriest(op): 9:42pm On Dec 24, 2015 |
Seeing that there are variety of gloomy predictions for 2016, .pro.ng considered various options and chose affiliate marketing as a potential industry for Nigeria and Nigerian youths. The affiliate industry globally is worth US$6.5 billion and it is growing. Now for most of us who don't know what affiliate marketing is, it is simply getting paid a cut of business leads you send to the affiliate program owner. We are starting this thread for those who are interested and those already in one affiliate program or the other to show us what the program is like and what the experience has been like. You are free to post your links too. Make sure you share your experiences and links. |
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 8:59pm On Dec 24, 2015 |
Goodnuel:You are welcome. Are you talking about the domain names or their hosting? I bought from them in October and it was the cheapest .ng I have bought in over 5 years. |
| Business › Why Doesn't Your Business Have A Website? by CPriest(op): 9:25am On Dec 23, 2015 |
I am interested in knowing why many businesses, both large and small in Nigeria don't have a website. |
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 8:05am On Dec 19, 2015 |
Goodnuel:There are several sites where you can. Just search and make your choice. I get from Whogohost but you do your own research too. |
| Webmasters › Re: Learn The Domain Name Business - See What Sold, See What Just Dropped by CPriest(op): 8:03am On Dec 19, 2015 |
freetimes:Please remove or I report. Thanks. |
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 10:58am On Dec 18, 2015 |
chuksmad:@chuksmad, glad it helped. Incase you need to transfer a domain, it is $7.39. coupon is DOMCOMP. I forgot to say there is FREE WHOIS privacy (costs $4 at Godaddy). http://www.namesilo.com/register.php?rid=ad08b65uq - if anyone wants it. But for domainers, I think it is easier to go without whois privacy. 1 Like |
| Webmasters › Re: Learn The Domain Name Business - See What Sold, See What Just Dropped by CPriest(op): 10:18am On Dec 18, 2015 |
etcme:Thanks @etcme. You know I still owe @jammeyboy some videos. If I get by the screencast program, I will let you have a copy of the video. I agree that it is something one needs to study well. But do you know you can start with just $5? To me it is the easiest business if you have time. How? Buy a nice $8 or $5 .com or .org name (http://www.namesilo.com/register.php?rid=ad08b65uq). Place it in a good marketplace for between $20 - $50. You have made over N10,000 profit on something you spent under N1000 to buy. The hard task is to know good names to buy. The harder task is to be able to sell the good name. |
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 10:17am On Dec 18, 2015 |
Chibenze:@Chibenze, Dynadot renews at $10.99. NameSilo remains $8.99 for life. .14c benefit for a first year is lost in renewal. So if you plan on renewing, go NameSilo. Secondly you should use coupon to get $1 off the NameSilo base price. |
| Webmasters › Re: Learn The Domain Name Business - See What Sold, See What Just Dropped by CPriest(op): 5:47am On Dec 18, 2015 |
24. Techtalk.org - sold for $2000 Well, the right names always have value regardless of TLD. |
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 4:39am On Dec 18, 2015 |
lovelani:The normal ICANN rules will apply/there would be no problem. You can't transfer to another registrar 60 days after a registration or after a transfer. You should simply ask the buyer to open an account with Namesilo and then you push the domain to them. The rules are same across all registrars. The thing I like about this Namesilo is you can buy a domain name at $8.9 (http://www.namesilo.com/register.php?rid=ad08b65uq) and sell at $19.99 (https://www.namesilo.com/Marketplace?rid=ad08b65uq). You will still make $10 profit at least. In other cases, that is impossible. And my are there good domains there? Even if you care looking for domains to resell, I see quite great domains with no reserves. 1 Like |
| Webmasters › Hello! No More $$$ For SSL. Check These 2 Sources For FREE SSL For Your Websites by CPriest(op): 9:34pm On Dec 17, 2015 |
We frequently get asked if we offer SSL/TLS certificates; as you can tell from the title, the answer is no. Most registrars that do sell SSL/TLS certificates are simply reselling them from a different certificate authority and pocketing a middleman fee - we have chosen not to do this either. Sure, we could make some money by selling SSL/TLS certificates, but we would rather just save you money and inform you about options you may not be aware of that offer you secure SSL/TLS for free (that's correct - no need to pay registration or annual certificate renewal fees!): LetsEncrypt LetsEncrypt gives out free SSL/TLS certificates - the real deal - completely free. So how do you get them? If you are technically inclined, its pretty cool how it works. If you are not technically inclined, you will need to utilize a hosting provider that integrates with LetsEncrypt. They may make no indication that LetsEncrypt is offering the SSL/TLS, it may just be marketed as "Free SSL". CloudFlare If all you need to encrypt is web traffic, Cloudflare offers free SSL with their reverse proxy service (also free) with free DNS thrown in. The only major downside to Cloudflare's free universal SSL solution is that it requires web browsers support SNI, but since virtually all modern browsers support SNI (Internet Explorer on the older Windows XP being the notable exception), it's really not much of a downside in our opinion. One more reason to register a domain name with Namesilo. Other reason is that .com is $8. See (http://www.namesilo.com/register.php?rid=ad08b65uq). See: https://www.namesilo.com/Support/Why-we-do-not-offer-SSL%2FTLS-certificates?rid=ad08b65uq |
| Webmasters › Re: Domain Name Business; The Easiest & The Most Profitable Online Venture by CPriest: 9:26pm On Dec 17, 2015 |
Guys, just found out that NameSilo (not Namepros now) has got a new marketplace going for domainers. But the catch is your domain must be registered with them. They take only 7.5% of the sales, and no listing fees. Considering the fact that you can register a .com domain name for $8 (http://www.namesilo.com/register.php?rid=ad08b65uq) and the annual renewal is about that same amount, I guess their deal is the best for those who may plan to register .com names for sale. Use coupon - Namecoupon and you get $1 reduced from domain registration. See the various domain marketplaces - commission fees. NAMESILO 7.5% No minimums No listing fees GODADDY 10-20% $15 minimum SEDO 10-20% $60 minimum AFTERNIC 10-20% $15 minimum SNAPNAMES 20% FLIPPA $9 listing fee + 10% commission |
| Business › 6 Business Lessons From Mtn's $3.9 Billion Fine by CPriest(op): 5:46pm On Dec 16, 2015 |
As the credit ratings of MTN begins flashing amber, and a number of CEOs from the company spend a Christmas without job (sincere feelings that it won't be long before these nice guys get engaged again); these are the lessons I learnt and I hope serious business people will benefit from it as I share it. 1. The bigger you are, the riskier business gets for you. Some say the bigger you are the bigger the crash. So if you are big, also remember your problems will be big when they show up. 2. Always consider the flip side (negative possibilities) of every coin. If MTN had taken time to imagine a scenario where just 100,000 SIMS are unregistered, they would have taken caution with signing a N200,000 / unregistered customer fine with NCC. Be cautious with every single commitment you make. Imagine the worst scenario that can occur with each of your commitments. 3. Nobody is God. Failure always happens. It is only a matter of when and how major. The successes we have in life make us feel invisible. No condition is more dangerous than when things are smooth. Isn't that why someone was praying "may your road be rough"? 4. Be a stickler to the rules. Don't play smart. Be straight. A little sleep, a little slumber ... so shall your poverty come.... MTN had been enjoying the various NCC fines all along. If they had tried to be excellent in all their operations, not only when the government pressurizes them, this won't have happened. As business people, it pays to do the right thing even if the "bloody government agency" seem incompetent. 5. Mr Board Chairman should walk in the garden too. When God made heaven and earth, he employed Adam as CEO and Eve as MD. God didn't sit back in heaven. He came walking in the garden to see what was happening. Where were the executives of MTN when the NCC made the announcement of the need to terminate all unregistered SIMs? It can't be that no one cared to even discuss this at the top level at that time. Even if not for the fine, but the business losses of 5 million subscribers being cut. But it seems they all were too busy to care. The price for not walking in the garden is $3.9billion. 6. Employees will cause you damage, you will bear the damage. Stress-test your employees Apple will always test their staff. Fpr instance, before they launch new products, they come up with dummies (fakes). If it leaks, they know who had access to information about it, take steps and fire the person. I now see why employ-and-forget does not work. Staff must be kept sharp and diligent. No slacking must be allowed. Do not wait until damage occurs, you can fire staff when damage occurs but the damage would have already been done. Complacence must have crept in somehow else MTN wouldn't have been in this hole. Hopefully MTN would use this $3.9billion fine as a lesson to polish and emerge as the best telecoms firm in Africa. One good thing is that for several years to come, MTN will be in every business text as case study. And coming from Africa makes it about the most notable corporate fine globally. Welcome to the league of iconic history, MTN. 1 Like
|
