EPOMA's Posts
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deenee:Branson started business after he travelled across the English Channel and purchased crates of "cut-out" records from a record discounter.[citation needed] He sold the records out of the boot of his car to retail outlets in London. He continued selling cut-outs through a record mail order business in 1970. Trading under the name "Virgin", he sold records for considerably less than the "High Street" outlets, especially the chain W. H. Smith. The name "Virgin" was suggested by one of Branson's early employees because they were all new at business.[10] At the time, many products were sold under restrictive marketing agreements that limited discounting, despite efforts in the 1950s and 1960s to limit so-called resale price maintenance.[11] In effect, Branson began the series of changes that led to large-scale discounting of recorded music. Branson eventually started a record shop in Oxford Street in London. In 1971, Branson was arrested and charged for selling records in Virgin stores that had been declared export stock. He settled out-of-court with UK Customs and Excise with an agreement to repay the unpaid tax and a fine. Branson's mother Eve re-mortgaged the family home to help pay the settlement.[10] Earning enough money from his record store, Branson in 1972 launched the record label Virgin Records with Nik Powell and bought a country estate, in which he installed a recording studio. He leased out studio time to fledgling artists, including multi-instrumentalist Mike Oldfield, whose debut album Tubular Bells (1973) was Virgin Records' first release and a chart-topping best-seller. Virgin signed such controversial bands as the Sex Pistols, which other companies were reluctant to sign. It also won praise for exposing the public to such obscure avant-garde music as Faust and Can. Virgin Records also introduced Culture Club to the music world. In the early 1980s, Virgin purchased the gay nightclub Heaven. In 1991, in a consortium with David Frost, Richard Branson had made the unsuccessful bid for three ITV franchisees under the CPV-TV name. The early 1980s also saw his only attempt as a producer—on the novelty record "Baa, Baa, Black Sheep", by Singing Sheep in association with Doug McLean and Grace McDonald. The recording was a series of sheep baaing along to a drum machine produced track and even made the charts at number 42 in 1982. In 1992, to keep his airline company afloat, Branson sold the Virgin label to EMI for £500 million.[12] Branson says that he wept when the sale was completed since the record business had been the birth of the Virgin Empire. He later formed V2 Records to re-enter the music business.[13] My friend will say what you Know, How did Richard Branson kill competition to become rich and it is far more differnet from you being given monopoly by a government and avoiding paying import taxes. I have an interview of Branson say that the sweet mother album in 1976 really help grew his money in Africa. If I had 2 million Naira now in Nigeria I will use it to go in to politics and grow from there as it is a business. |
buzugee:Goodluck |
Beaf:Can someone help me tell BEAF to concentrate and support his GEJ. you don have a clue about akwa Ibom. Do you know how much comes to the purse of akwa Ibom in a month? Please tell me what he has done. Am not going to say much. Godswill spend 28 Billion Naira to biuld, paid Arik air 2 billion naira to fly Uyo route which was a fraud. when you are ready we can talk about this man |
Eko Ile:Thank you for your comment, wetin Akwa Ibom do or Rivers in terms of the money they get |
mikeansy:In NNPC, he built 3 refineries which you guys can not maintain till date |
mikeansy:My friend you are talking nonsense, IBB brought Nigeria back. Well true that Buhari has no place in 2011 politics because he is not corrupt, Obj and many more have testified that in the past. Nigeria will continue to suffer as long as we have the idiots ruling you now |
andyanders:How CPC a failure, people just come here to say anything in the air.look very well. It seems you guys just like the suffering that Nigerians are passing through. CPC first point of call was reducing the seize of running the government , removing Immunity for governors. look very well , Una dey forget so quickly |
ibedun:You all shouting constitution, someone mentioned here earlier that David Mark rushed and changed some laws in the senate in 10 days to favour him becoming the next senate leader and please can someone tell me how it was possible for OBJ to be control the petroleum ministry in his time in office, was that constitutional |
ak47mann:Seconded |
dem_people:The only reason I supported CPC was when they said they will built an eight lane motorway to they east from lagos. 80% of industries in Nigeria is in Lagos , so to de-congest lagos to other area, we need such a road first and people will be encourage to locate industries outside Lagos or ship goods to other areas. Make we dey look with all this talk |
valacious:Simple answer is that most Nigerian needs total re orientation. Our ethics is just not just there |
youngmonie:So what is he doing better than his competitors, you mean sponsoring OBJ and Goodluck and then get his way. I don't even think someone like Dangote pays Duties.This nonsense just have to stop. Some people have mentioned here already their interest in bringing in cement but got frustrated |
If they want ETF money, will they charge the same fee with Government Universities or do they think Nigerian government is father xmas as usual |
[b]Jonathan blames declining education standard on abysmal reading culture Written by Christian Okeke, Abuja Wednesday, 18 May 2011 President Goodluck Jonathan, on Tuesday blamed the decline in education standard in the country on what he identified as poor reading culture among Nigerians. The blame by the president came as The Federal Capital Territory (FCT) Minister, Senator Bala Mohammed, revoked the N27 million contract of an abandoned block of eight classrooms in Government Science and Technical College, Area 3, Garki-Abuja. President Jonathan who spoke at the launch of his Bring Back the Book campaign in the FCT, Abuja, attributed the poor quality of graduates across the country to the same reading decline. He said the campaign was initiated against the background of his administration’s commitment to promote sound and qualitative education. Jonathan, who was represented by Vice-President Namadi Sambo, maintained that the problem of declining reading culture continued to pose a major challenge not only to the government but also the entire society and observed that, “the ripple effects have permeated the entire society as the quality of graduates from our schools at various levels has fallen below standard.” He said: “It is in realisation of this need to revive the reading culture that we embarked on the Bring Back the Book programme as a deliberate policy to redress the pitfalls that have been adversely affecting the quality of education in our country in the past three decades or thereabout.” Meanwhile, FCT Minister, Senator Mohammed recalled that the revoked contract was awarded to M/s Ell Services Nigeria Limited in 2009 and was expected to have completed the project within a period of 36 weeks. He directed that the same contract be re-awarded to another contractor on site, M/s B. Chons Nigeria Limited who is currently handling a laboratory complex in the school awarded in 2010 but nearing completion. The minister assured that the FCT Administration intended to build more modern libraries across the territory to encourage students to imbibe a reading culture. Senator Mohammed remarked that the administration would deliver a sound and institutional framework that would improve the quality of education and enable FCT pupils/students take their proper position among their peers globally.[/b] Coming from an educational background in Nigeria, I believe Goodluck would have given a much more better reason for the decline in the standard of education in Nigeria than the reason he just gave. This still makes me doubt his ability to lead when he can not even spot clear problems like this. How will he be able to get a solution them. Our educational system needs more than abysmal reading. Please have your say |
PLEASE WE DON'T WANT ANY NEGATIVE COMMENTS FROM THE SUPPORTERS OF JONATHAN AND PDP. |
king-child:Please can you tell us what he has, I thing he does not have an idea |
blacksta:That is what a sincere man would do but not a dumb like the one we have |
gidson12:All the money spent in the last election by dangote and Otedula has to be recovered |
GODSON2009:To divide walls inside needs pure skills, do we have places where people can learn this? no. we dont like learnin new things |
My first question to Goodluck and his supporters, Is nigeria not running a capitalist econony? so how cement producers are just be called up to reduce the price of their product in 1 month. I thought Goodluck's government does not has a dictatorial tendency as the said Buhari Diesel = Otedula up after the election Cement = Dangote up after the election PDP =Zoning after the election More to come |
konkolok:well said |
vanunu:Are you talking about the likes of Andy and Chris Uba and which Igbos. Look very well |
Donlittle:Am laughing too. The pictures have been there |
joecrack:Fifa has always been politics and corrupt, we seems to forget how the president normally bribe his way through re-election |
[b]Obasanjo offers panacea for sit-tight leaders in Africa By Bassey Udo May 6, 2011 12:57AM President Olusegun Obasanjo yesterday offered a panacea for the problem of sit-tight leaders in Africa, saying amnesty for their mistakes while in office will help resolve the problem. Mr Obasanjo, who was answering reporters’ questions during the ongoing World Economic Forum (WEF) in Cape Town, South Africa, said heads of governments in Africa should be forgiven their mistakes and allowed to retire home in peace without being made to face trials. He said this would encourage them to exit power. The former Nigerian president said the fear of being tried for the crimes they committed while in office is largely responsible for refusal of many leaders in the continent to yield power until forced to do so. “Unless it is absolutely necessary, I believe that any African leader, whatever mistakes he made while in office, unless it is a heinous crime, when he gets out of office should be left alone to vegetate and retire to his village, or where ever he wants to retire to,” he said. “One of the things that can discourage others from following the footsteps of those who have vacated power is the fear of what will happen to them after they leave office.” He, however warned sit-tight leaders that time is running out on them. He said while there is life after their stint in office, the affected leaders should also not do anything that would make them harbour worries about being sent to the Hague for trial. “When one looks at the political horizon, sit-tight leaders are becoming extinct species,” he said. “Very few of them are left. They should look and see that those who have taken their exit, are not worse for it. I am here. I know that ex-President Mbeki is also there. There is life after the State House. And if they know that and also appreciate that there is something they can do to be useful to their country, Africa and humanity, maybe they would be encouraged to vacate.” ZONING IS GOOD Mr. Obasanjo also urged the Federal Government to address six key areas, namely the economy, security, unemployment, corruption, infrastructure development and stability in energy generation and supply. Reviewing the benefits of the recent elections, which produced Goodluck Jonathan as president, Mr. Obasanjo noted that leaders of the Peoples Democratic party (PDP), who believed in the principle of rotation of power among the component units of the federation, were proved right. He said the outcome of the election has not only strengthened the country, it also put to an end the role of religion in the country’s politics. “My party, the PDP, believes in what is in the country’s constitution, which indicates that there must be federal character reflected in all appointments and elective positions,” he said. “What the PDP said was that for now, where there is a president from one section of the country, who has had his term, whenever the term ends, either by himself (through resignation), by the constitution (through impeachment) or by God (through death), the next president should come from the other part of the country. “That is what the PDP believes, and that is what has happened. So, the PDP has been proved right. The result of the last election has, in fact, strengthened the country’s unity, because for the first time in our history, somebody from the minority in the South South geo-political region was elected as president on his own merit. It has never happened before. If one takes a look at a place like Kaduna, and the issue of Moslem-Christian religious sentiments, where people believed a Christian could never be elected as the governor in the state. But, that was put to rest permanently. These are good for our democracy.”[/b] This is the reason why I can never support PDP for anything because it is a doomed party. This is a party that doesn't discuss the accountability of its members like removing immunity from our constitution for executives while in office and now the cheiftain is telling us not to probe leaders after they leave office. what an ideology. Still watching and laughing |
Sophieamore1:Correction mr english, it should be OFF |
Kenya sets world first with money transfers by mobile · Banking system bypassed by using text messages · Phone networks size up global trade worth billions Xan Rice in Nairobi The Guardian, Tuesday 20 March 2007 Article history The following correction appeared in the Guardian's Corrections and clarifications column, Saturday March 31 2007 The claim in the article below was wrong. The mobile banking system may be the first in Africa but two companies, Globe Telecom and Smart Communications, have been operating money transfers in the Philippines since around 2005. The ping of a text message has never sounded so sweet. In what is being touted as a world first, Kenya's biggest mobile operator is allowing subscribers to send cash to other phone users by SMS. Known as M-Pesa, or mobile money, the service is expected to revolutionise banking in a country where more than 80% of people are excluded from the formal financial sector. Apart from transferring cash - a service much in demand among urban Kenyans supporting relatives in rural areas - customers of the Safaricom network will be able to keep up to 50,000 shillings (£370) in a "virtual account" on their handsets. Developed by Vodafone, which holds a 35% share in Safaricom, M-Pesa was formally launched in Kenya two weeks ago. More than 10,000 people have signed up for the service, with around 8m shillings transferred so far, mostly in tiny denominations. Safaricom's executives are confident that growth will be strong in Kenya, and later across Africa. "We are effectively giving people ATM cards without them ever having to open a real bank account," said Michael Joseph, chief executive of Safaricom, who called the money transfer concept the "next big thing" in mobile telephony. M-Pesa's is simple. There is no need for a new handset or SIM card. To send money you hand over the cash to a registered agent - typically a retailer - who credits your virtual account. You then send between 100 shillings (74p) and 35,000 shillings (£259) via text message to the desired recipient - even someone on a different mobile network - who cashes it at an agent by entering a secret code and showing ID. A commission of up to 170 shillings (£1.25) is paid by the recipient but it compares favourably with fees levied by the major banks, whose services are too expensive for most of the population. Mobile phone growth in Kenya, as in most of Africa, has been remarkable, even among the rural poor. In June 1999 Kenya had 15,000 mobile subscribers. Today it has nearly 8 million out of a population of 35 million, and the two operators' networks are as extensive as the access to banks is limited. Safaricom says it is not so much competing with financial services companies as filling a void. In time, M-Pesa will allow people to borrow and repay money, and make purchases. Companies will be able to pay salaries directly into workers' phones - something that has already attracted the interest of larger employers, such as the tea companies, whose workers often have to be paid in cash as they do not have bank accounts. T[b]here are concerns about security, but Safaricom insists that even if someone's phone is stolen the PIN system prevents unauthorised withdrawals. Mr Joseph said the only danger is sending cash to the wrong mobile number and the recipient redeeming it straight away. [/b] The project is being watched closely by mobile operators around the world as a way of targeting the multibillion pound international cash transfer industry long dominated by companies such as Western Union and Moneygram. Remittances sent from nearly 200 million migrant workers to developing countries totalled £102bn last year, according to the World Bank. The GSM Association, which represents more than 700 mobile operators worldwide, believes this could quadruple by 2012 if transfers by SMS become the norm. Vodafone has entered a partnership with Citigroup that would soon allow Kenyans in the UK to send money home via text message. The charge for sending £50 is expected to be about £3, less than a third of what some traditional services charge. |
dinggle:I cant stop laughing. Well if they provide the right infrastructures like insurance, banks authorizations before a cards are accepted, may be it will help. This is very funny |
kanmiariyo: That money is Nigeria property and it is only with you for a short time.We are all slaves to the system. Check your cash, na cbn they write for am |
[quote author=jarkbauer link=topic=656549.msg8231556#msg8231556 date=1304119412] i dont have any issue with local transactions most people wil just have to own a POS.but can someone answer this my main issue with it.how do i do my international transactions which sometimes run into tens of thousand of dollars.if i have 5million in my account how do i buy something worth that price oversees [quote][/quote] Letter of Credit(LOL), Domicilary Account, Get aboki wey get POS machine . Many more options, Trade by barter |
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