₦airaland Forum

Some of these lecturers eh, they'd be praying lowkey you don't perform exceptionally. Just be an average student and graduate

Mindlog:
Very sick in the head and very likely to be killed by other female prisoners.

People who commit child rape for West, dem no dey expose dem give their fellow inmates coz the fear that they will be killed by their inmates should they know of their crime

Now I see the reason why China recently said content creators must have degree. I mean w°t°f is this?

Sonofgod1990:
Her opueh don Dey scratch her

She need something strong to handle the opueh right now

Sorry madam
Your man will soon come back maybe another woman don corner ya husband

Na wa for some comments sha

I pray the man returns alive

FreeStuffsNG:
As in, drink the contaminated water of an adult human corpse that is full of putrefying bacteria, ammonia, maggots and fecal matter vestiges

This is more than an Ino State Ministry of Women Affairs rescue mission, the Police and NHRC must be involved to prosecute all those involved and help rehabilitate the poor widow.

When you hear the Yoruba proverb that marrying a horrible wife is not as terrible as having horrible in-laws, this is it. In-laws from hell!
May love and marriage not take you into such families and communities with such cultural practices.

Dem say na tradition na.

Kukutente23:
Is POS really soft work? I don't think sitting in a kiosk for hrs waiting for a customer to buy cash is softer than any other trading of goods that directly relates with consumers
Whichever may be the reason, we're still seeing more POS open up even with the fall in profit margin which means the demand is still there. If the demand has fallen, you'll begin to see a decline in POS shops. And I'm not talking of those using to receive payments for their goods
I'm talking of those using it as a business. That's a distortion in itself and it's still viable till now. POS is still a full time job for a lot of people I know. In my area, none of the POS have closed in the past 3 years. Instead more have joined
BDCs can't just close simply because people begin to prefer to transfer from their phones. If that were the case they shouldn't have remained all these years even through the period when IMTO was as easy as ABC

I just explained the reason behind the influx into POS business to you. Abeg I don tire to dey follow you argue. Have a nice day.

aariwa:
They now have their own Tinubu. I remember few years ago when we were mocking Cameroun about Paul Biya, now we have our own Paul Biya and shame no dey allow us talk we’re Cameroun people dey again

Abeg rest. What's happening in those countries cannot happen in Nigeria. The worst any President can do in Nigeria is 8 years.

kokoA:
See person wey people been dey pity that year.

As in eh.
I was having this conversation with someone just last night

Kukutente23:
Demand is not the same as profit
Are you saying there are less pos centres now than they were in 2019?
Profit is about margin between cost and selling prices. It can be higher based on the interplay between demand and supply
Supply usually responds to demand. If demand falls, supply will begin to fall as well, if demand rises supply rises as well. I hope you can understand this enough to relate it appropriately with POS and BDCs

There is more POS centres today because the criteria required to get a terminal has been simplified unlike before, secondly, a lot of people moving into it see it as the simplest and easiest way to make some side money without necessarily sweating (Soft work), lastly, POS is now more of a mode of receiving payments hence why it is everywhere coz almost every small business have it coz of customers who will prefer to make transfer for goods purchased.

Do you even know POS used to be a full time job in the past? Just like BDC is full time job right now?

In the case of BDC, demand will fall beyond imagination if everybody should adopt transferring dollar from their phone.

CyracksMrBlogger:
some of u are so uneducated 🤣. See question. The refinery belongs to Dangote Group, a registered conglomerate (business) a legal entity on its own. If dangote is no more, Dangote Group continue managing it under the leadership of any of his family member. Why would government takes over someone's business upon his demise? 🤣 chai! Ignorance

This one you are shouting ignorance upandan asif you just learnt the word

Just a quick question, should Dangote departs the world today, what will happen to the refinery? The government will takeover or his family members will continue with it

Kukutente23:
So why is there still high demand for POS
What makes you think POS is still viable even with segregated demand but BDCs will not? Demand for currency is elastic just like its supply

2k 3k profit na hin be high demand?

As of 2018, 2019, POS attendants were making profit of 20k to 50k daily. Now they barely could make steady 5k profit and you are talking about demand? That is what BDC are afraid may happen to them.

Like I said, you have little to no knowledge of this.

OnionBandit:
Dem never mend this guy enough. He is disturbing public peace and must be treated as such.

You think he will change? Abi you think he started today? Started since 1992, probably you weren't born that time sef

Kukutente23:
You already answered the question
Why do we have POS selling cash when we should have ATMs
Demand has fallen due to the exacerbated rates. With time, demand will begin to mount. Emefiele's CBN restricted access to forex in order to restrict demand. It's obvious the alternative is to drive up rates with its attendant effect on inflation and exchange rate parity

You don't do POS business, just like I belive you're not a BDC agent.

Take for instance in POS business, the demand for bulk cash as of 2018, 2019 and 2020 were very high but after those years many people who go to POS to ask for bulk cash have adopted the transfer options. Even the labourers now have bank account and no need for bulk cash to pay them, don't bother arguing with me coz it is my field.
Same thing will happen to BDC should many of their customers adopt transferring from their phones instead of lookin for dollar upandan to use when they can swiftly send dollar from their phone

Kukutente23:
For one have you ever heard of politicians sourcing for forex?
What about those who want to change hard currency to naira and vice versa?

Except it's for money laundering, else I just told you they can make transfers. Infact, even the Naira debit cards can now handle international transactions.

Is just like going to POS people now to source Cash of 10 million, what exactly do you need cash of 10 million for when you can easily transfer it from your bank to the next person's bank?

Well I am not surprise you mentioned Yahoo boys and politicians

Kukutente23:
Yes until the demand rises sharply again
It is the demand that drives BDC up
That's what CBN countered with direct supply
If their demand goes up again, there will be a divergence
Or you think demand will remain this way?

Can you give some reasons why demand will suddenly go higher?

Kukutente23:
What were they using before?
BDCs have existed since the 70s

You still don't get it?

Bye bye to the middlemen (BDCs) coz customers now prefer to do their thing by themselves from the tap of their phones.

As if that's not enough, CBN has now cut them off from get dollar cash, meaning CBN is indirectly pushing customers to opt for the direct dollar transfer on their phone instead of looking for cash upandan.

What this means is that the cost if running BDCs will be too much and the profit will be extremely small since patronage will be low, and sourcing for dollar outside CBN will be higher

Jennyclay:
There are many format I use to collect money from rich men not the poverty stricken ones

Just know and understand the man mumu button
then you’re good to go.

One will think with how you hate men online, you won't want even the fly that touches a man offline to touch you talk more of collecting a man's money but all of una na the same thing una be

omoredia:
So BDCs is now a business? What are u selling? What are u buying? Thieves

The ones doing forex trading and crypto trading online, what are they buying are selling??

Kukutente23:
If true expect the black market and official rates to begin to diverge sharply in the coming weeks

Diverge where?

Customers now prefer to do direct dollar transfer instead of looking for physical dollar to use and make payment.

They are the one who will maybe close shop

Ezeama400:
It’s obviously more than that..

The media only covered the ones they could cover..

A lot of Christians are being massacred everyday without media report.. It’s a pity..

Are they being massacred coz of their religion or it is a case of insecurity that is all over the country?
Do these murderers separate the Christians from other people of other religions when they Lunch attacks??

If you say cos of their religion, what about the Moslems being killed everyday in the North? Are they also being killed coz of their religion?

Hotzone:
Men with one wife are the strongest

No be only strongest

Hahaha just incase, make person no go dey display madness na

Why the door come tiny like that na

marlow1962:
The stop and pocket/bag search with keep happening cus illiteracy has made the citizens not to know their rights.

U wan do know your right to someone who doesn't no shit about the law and is holding gun abi??

DIVINEEVIDENCE:
AI that you'll ask about an issue you both discussed yesterday and it'll be like "can you remind me where we left off?" naim you go dey fall in love with.

Where do they manufacture all these men Abasi mbok?

That was before but they have fixed that

Pls which android app person fit use watch?

SpecialAdviser:
Only fuuls will misunderstand these words.
He is not commending Yahoo. He is simply saying that the ICT skill with which the yahoo boys use can be redirected to something better.

Most yahoo guys writes strong codes to break cyber secured assets. The problem is that theee idiot. S are using their skill to defraid innocent people. The government should equip good guys with sound ICT skill to achieve something better than what these animals are currently doing

No be only strong code na gidigba code

Fynx:
Once I see case of murder, rape and internet fraud, I know it came from one side without opening the thread. If I see case of drug I also know it came from the other side. The question is which of the crimes is bigger; Murder, rape and internet fraud vs drug? Over to you nairalanders

What about terrorism? Where does that come from??

DaudaTheSexyGuy:
Don't let anyone scare you with scare tactics to.to na to.to.

Married women to.to dey sweet well well

I was really expecting you here

Edoreborn:
No be d same abroad he made all d money he is bragging about owning businesses and having drivers and chef? Abeg no compare ds useless naija with country wey their head straight?

Did you read everything or you skewed through the article? Coz I read everything and didn't see where Op praised Nigeria over America

Educationalserv:
Cutting grass in winter with all your UK 15000 pounds degree at 38 year is degrading and humiliating couple with daily treats of Reform UK kicking the grass Cutter out of UK
So I rather be chopping Najia govt 200k with zero stress and use the 15000 pounds or 30m to do Business
Example if I order Dangote fertilizer 720 bags at 38k each
Will sell for 41k
720*3000=2.1m
This 720 bags sell out in a Month and repeat the cycle .
So you can see the UK grass Cutter is no better
Than the Civil servant with 30m capital and business knowledge in Nigeria
The Nigeria Civil servant with this Capital will come to UK with a 1000 pounds to 5 days holiday he will see his fellow Nigerian Mopping the Hotel Floor after spending 30m +UK MSC to Japa

Do you sell Fertiliser or this is just your imagination?

Look, business comes with several challenges than this your imagination o