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Designking's Posts

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Politics / Re: FOREX Crisis: Raid On BDCs Ill-Advised, Wrongly-Directed - Peter Obi by designking: 8:07am On Feb 25
Currency hawkers or Mallams that sell dollars in some streets and markets are not BDCs.

Their activities is illegal and CBN must clamp down on them to stop their illegal activities.

108 Likes 3 Shares

Politics / Re: Are You Still Batified? by designking: 7:16pm On Feb 18
100% Batified.

Nigeria truly needs these reforms and we expected it to be painful and hopefully things will stabilise soon.

5 Likes 2 Shares

Politics / Re: Obaseki Inspects Ongoing Ekehuan Road Construction (Photos) by designking: 6:58pm On Feb 18
Not a single reasonable project was executed by Obaseki for 8years.

He only rode on the Tinubu and Oshiomhole hate to sail through this abysmal performance

58 Likes 3 Shares

Politics / Re: Senate Announces 37-Member Constitution Review Committee by designking: 6:47pm On Feb 14
The current leadership of the APC don't have the political will to truly reform major misnormal of this country.

Two major constitutional review I look forward to is the Local government Autonomy and Autonomy of State Judiciary

6 Likes

Politics / Re: Nigeria Will Become Net Exporter Of Food, Says Tinubu by designking: 9:27pm On Feb 11
This is not the right time for these kind of talks... The country is bleeding right now and we need to pipe low on extravagant promises.

Most policies by the BAT government is yet to yield any tangible results and bring respite to the masses

118 Likes 6 Shares

Politics / Re: Western Union, Moneygram, Others To Pay Nigerians In Naira Instead Of Dollars by designking: 8:29am On Feb 10
This will favor the Naira as more than 2million Nigerians immigrated to other countries within the last 24months and this will greatly improve the diaspora remittance to over $

3 Likes

Politics / Re: Ibadan Explosion: Malian Miner Denies Ownership Of Building, Urges Investigation by designking: 5:24am On Feb 01
Why are Malians the one helping us mine our minerals? Are we this incompetent?
Health / Re: Styrofoam: Abia Government Bans "Take-away" Foils by designking: 10:34am On Jan 28
Companies producing this Styrofoam takeaway packs are about to go bankrupt

Nigerians spends N120billion on takeaway packs per annum and this huge industry is about to die off except they innovate to something new.

41 Likes

Politics / Re: Rivers State House Of Assembly Bars Governor Fubara From Appointing Chairpersons by designking: 10:17am On Jan 27
Governors shouldn't have the power to dissolve and appoint caretaker committees over local government councils. There should be separation of powers between the Federal, state and local council if we truly want development in Nigeria.

Until there is LGA autonomy, we can't truly have real development at the grassroot

3 Likes 1 Share

Business / Re: Guinness Posts Over N5bn Loss by designking: 8:15pm On Jan 26
Fake beer coupled with rising inflation has forced many to drink just clean water.

The Brewers are not putting in enough measures to combat counterfeiting of their products.

18 Likes 2 Shares

Politics / Re: Isaac Fayose Stops Unknown Minister From Using One-Way In Maitama, Abuja by designking: 8:06am On Jan 25
Isaac Na real werey... I like his gut.

Most of these politicians feel they are above the law and they don't care at all.

39 Likes 5 Shares

Politics / Re: Abuja Kidnappings: Adeyanju Blames Wike For Constant Attack by designking: 8:13am On Jan 21
Demolishing houses built on water ways and FG reserved lands is no excuse to start kidnapping innocent Nigerians.

Demolition is taking place all over the country from East to West and also in the North... It is always easier to blame a perceived enemy whenever evil occurs.

1 Like

Travel / Re: Oyo Govt Urge Residents Around Blast Site To Leave Homes, Check Into Hotels by designking: 8:39am On Jan 17
Who will pay the hotel bills?
Politics / Re: Who Do You Think Should Be Nigeria's Person Of The Year 2023? by designking: 5:05pm On Dec 31, 2023
Asiwaju... The number one political Mastro in Africa

14 Likes 3 Shares

Politics / Re: It Finally Makes Sense Why Buhari Did Not Want Tinubu To Be President. by designking: 1:41pm On Dec 23, 2023
seunmsg:
Would Atiku have covered some of these findings?

Yes for sure cos he is also Fulani
Politics / Re: Would Tinubu As Governor Have Accepted The Directives To Fubara? Emmanuel Aziken by designking: 11:26am On Dec 23, 2023
Obidients finally love Wike Stooge... Somebody they claimed was rigged against their candidate.

What a wonderful world... Anything anti-apc, you will see Obidients

2 Likes

Politics / Re: President Bola Tinubu And His Son, Yinka, In Surulere , Lagos Today by designking: 8:08pm On Dec 22, 2023
Great family

11 Likes 2 Shares

Politics / Re: Fubara: Actions Speak Louder Than Words by designking: 11:13am On Dec 21, 2023
Leave this guy with his delusion.

SIM attending the peace meeting alone shows which political family he belongs to and aligns with.

SIM will rather stick to Wike and Tinubu than follow the Obidients or Atikulators
Politics / Re: CBN's Anti-Money Laundering Fight Triggers Fresh BVN Race In Banks by designking: 6:35am On Dec 05, 2023
My kids created Opay and Palmpay accounts without BVN and I was able to deposit and transfer funds into these accounts.

They have been using this account without BVN for more than 6months now.

1 Like

Politics / Re: Benin People Found Lagos — Oba of Benin by designking: 2:13pm On Nov 27, 2023
Na this kind news they always sweet Igbos.

Anything that makes them feel Lagos isn't for the Yorubas gives them heavy orgas*m

12 Likes 2 Shares

Car Talk / Re: Local Vehicle Assemblers Struggle Amid $1 Billion Investment, Lament Low Demand by designking: 8:22am On Nov 14, 2023
Nigerians can't afford their new cars without auto-credit scheme

8 Likes

Politics / Re: Exchange Rate: NECA, Experts Disagree On FG’s Target by designking: 9:00am On Nov 09, 2023
You want to know their plans so that you can sabotage it abi?
Business / Re: Ghanaian Fintech Dash Shuts Down After Raising $86.1 Milion In Five Years by designking: 8:45pm On Oct 07, 2023
The CEO was busy paying himself $50,000 monthly as salaries and was buying properties all over Accra Ghana when the business was even struggling to survive.

The Africa tech space is filled with fintech startups... 95% of Africa tech ecosystem is fintech (Financial Tech) because of the easy access to fund and also easy setup and technical know-how.

Africa needs core techs... not some invest and get percentage return techs. Most of the fintechs are simply upgrade of MMM.
Business / Ghanaian Fintech Dash Shuts Down After Raising $86.1 Milion In Five Years by designking: 8:45pm On Oct 07, 2023
Dash, the Ghanaian fintech has shuttered after a tumultuous run. The company did not achieve its vision to solve cross border payments for Africans by connecting mobile money wallets.

Dash, the Ghanaian fintech company with a mission to connect mobile money wallets and bank accounts across Africa, has confirmed that it is shutting down operations. The startup’s closure was first reported by WeeTracker

. Dash was founded in 2019 by Prince Boakye Boampong, and investors were excited by the problem the startup wanted to solve. Dash was working to ensure interoperability between mobile money wallets and bank accounts across Africa; its solution would have made sending money across Africa easy and efficient. 

The startup raised $86.1 million in five years and attracted big-name investors. It raised $32.8 million in a seed round—the second largest seed round for an African startup—in 2021. Insight Partners led the round and other investors, like Global Founders Capital, 4DX Ventures and ASK Capital, participated. It went on to raise additional funding with convertible notes and debt financing from October 2021 to 2022. 

In 2021, Dash began sharing eye-popping growth numbers. Per one publication, Dash claimed to have processed transactions worth $1 billion and said it had acquired a million users from Ghana, Nigeria and Kenya. Those numbers represented a 5x increase in its users in only five months. 

In February, at least two publications reported suspicions about Dash’s user numbers and metrics, and later that same month, Prince Boakye Boampong was suspended as CEO. Internal audits of Dash’s numbers proved that Boampong misrepresented and exaggerated user numbers. He was eventually fired and replaced by Kenneth Kinshua.

New reporting suggests that the damage was already done by the time Kenneth Kinshua became CEO. The publication claimed that upon another audit of the company’s account, there was a shortfall of at least $25 million that was unaccounted for. With a reported burn rate of $500,000 per month and no revenue, Dash’s primary problem appeared to be its high overhead, as it had operations across five countries. 

As reported by WeeTracker, Boampong was earning $50,000 per month and allegedly diverted at least $8 million. There are claims that the money was used to buy property and luxury cars. Boampong has not spoken publicly about any of the allegations. 

Source
https://techcabal.com/2023/10/06/ghanaian-fintech-dash-shuts-down-after-raising-86-1-milion/

Politics / We Took Every Other States In SW But Left Lagos For Him by designking: 4:20pm On Oct 05, 2023
"Tinubu didn't support me in 2007, at the primaries held in Lagos, I won on merit. He later sent people to me so he can be my running mate but I don't like Muslim Muslim Ticket, till date, I will never support it. In 2007, Tinubu worked for Umaru Musa Yar’Adua to win. Whereas, I was the one who asked OBJ, in 2003, to leave Lagos State for him, we took all other SW states but we deliberately left Lagos for him, unfortunately, he supported Yar’Adua against me....."

Atiku Abubakar at his World Press Conference in Abuja

Atiku just confessed he and OBJ were just rigging every state elections during their reign.

2 Likes 1 Share

Politics / CSU: Not Enough Arsenal To Remove Tinubu by designking: 12:48pm On Oct 05, 2023
First and foremost, the inital perception was that the CSU revelation will rock the core of this country. It will produce a monstrous revelation of president Tinubu.

The main facts which eventually came out:

1. President Tinubu Actually Attended Chicago State University

2. He graduated with honours. He was a first class student.

3. The Tinubu that got admission into CSU is male and the Tinubu that graduated is also Male.

Arguments about certificate forgery or not doesn't really count. It is not enough arsenal to remove a powerful Nigeria president.

2 Likes

Politics / CSU: The Certificate Case Wouldn't Sway The Supreme Court Judgement by designking: 8:21am On Oct 05, 2023
I was expecting a smoking gun findings that would have damaged the image of Tinubu globally. A very clear case of identity theft or proofs he didn't attend Chicago State University at all.

I was shocked that Tinubu actually studied at CSU, read his books... focused as a student and came out with a first class degree.

The bantering wether the certificate he submitted is forged or.not is a non-issue as far as the Nigeria supreme court is concern.

The main issue was actually if he went to CSU and graduated with honours. This has been confirmed and every other issue is just waste of time.

Even if he never went to CSU or graduated... the Supreme court wouldn't have been able to remove him.

It would have been a public disgrace and an irreparable damage to his image if he never attended the school and this could have affected his chances for re-election 2027.

Right now, there are no smoking gun issue with the CSU saga.

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