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Business / Re: What Do You Think Should Be Done To Appreciate Naira ? by hothead(m): 10:26am On May 09 |
Two metrics are very important. If they can be balanced; Demand-Pull: GDP growth, consumer spending, export volume. Supply-Cost: Inflation rate, interest rates, business operating costs. Gdp growth will mean consumer spending has increased and export volumes up. How will consumer spending increase? Currently majority of the population earn less than $2.50/day. How can we increase the people's earnings to $10/day? What resources/tech can be leveraged on? I have ideas of several solutions leveraging on tech that can help increase earning of the people. That's another topic. How will exports increase? What are the most exportable resources? Which ones have the highest return rates and the lowest creation cost? There are there in plain sight: we invest in them and make them 1st solve local gaps and then export across Africa and the world. All of this is solving for demand pull. Them supply cost - Inflation rate must be controlled using data, interest rates must be balanced with the Ecosystem to business operating costs low enough to keep sustainable operations. Some actions can have elements of both demand and supply-side effects like address speculations which is necessary. After blocking all leakages from new technologies in the digital economy, create regulations like SEC is doing with the VASP license and then reopen the digital space up. Show transparency and communicate about economic policies with citizens for input to build trust and confidence, potentially leading to increased consumer and investor spending. Then obviously, Manage foreign exchange reserves effectively. 6 Likes |
Celebrities / Re: There Is Only One GOAT In My Country And It’s Me,” - Davido Brags by hothead(m): 10:20pm On Apr 18 |
OBO is the very best of them all... If you think otherwise, it's ok. But OBO stands miles apart from the rest. |
Business / Re: How Binance P2P Contributes To The Plummeting Naira Value by hothead(m): 8:58am On Feb 22 |
It's crucial to balance regulation and innovation, ensuring that measures to combat manipulation do not stifle the growth of the digital economy or hinder the legitimate use of digital currencies. What our country Nigeria could employ to tackle these challenges: -. Strengthen Regulatory Frameworks Enhance Oversight of P2P Platforms: Implement stricter regulations and oversight for peer-to-peer (P2P) exchange platforms operating within Nigeria. This could involve requiring platforms like Binance to register with Nigerian financial authorities and comply with local financial regulations and anti-money laundering (AML) standards. Set Clear Guidelines for Merchants: Establish clear guidelines and requirements for merchants operating on these platforms, including verification processes, transaction limits, and anti-market manipulation policies. -. Monitor and Enforce Compliance Collaborate with Platforms: Work closely with P2P platforms to monitor transactions and identify suspicious activities. Platforms should be required to report large transactions and suspicious patterns that may indicate market manipulation. |
Politics / Re: What Does Crypto Contribute To The Economy by hothead(m): 8:24am On Feb 22 |
market stabilization actions are needed yes, but Banning crypto could push the ecosystem underground, making it harder to regulate and potentially exacerbating financial instability. A balanced approach, where crypto is regulated and integrated into the financial system with proper oversight, is a better choice. This would allow FG harness its benefits while mitigating its risks. Benefits like having 1) alternative financial system, 2) potentially increases financial inclusion, 3)transparency of transactions, 4) better supply and demand management Direct inflation control measures that will Strengthen the economic fundamentals here are monetary policy proposals for Nigeria involving crypto and blockchain, targeting inflation control without stifling growth: - Manufacturing Zones: Establish special economic zones with incentives for manufacturers, including tax breaks and infrastructure support to spur industrial growth. - Crypto-Backed Agricultural Lending: Launch a blockchain-enabled platform for issuing crypto-backed loans to farmers at below-market interest rates. This encourages agricultural productivity, a sector crucial for growth and inflation control, by providing much-needed capital. The use of crypto ensures ease of distribution and repayment, while blockchain technology ensures transparency and tracking of fund usage. - Blockchain-Managed Supply Chain Financing: Implement a supply chain financing system using blockchain to provide liquidity to small and medium-sized enterprises (SMEs). By using a stablecoin pegged to the Naira, businesses can transact and receive financing with more stability, reducing the pressure on forex demand, a key contributor to inflation. - Tourism Development Strategy: Develop historical and cultural sites, invest in tourist infrastructure, and market aggressively to international tourists to boost foreign exchange earnings. Transaction Ledgers. A public ledger recording all transactions to ensure transparency. It can have Privacy settings to balance transparency with confidentiality through diversification and increased productivity. Digital Infrastructure Bonds: Issue blockchain-based bonds to fund digital infrastructure projects, attracting global crypto investors and ensuring transparent use of funds. 8 Likes 1 Share |
Technology Market / Join Our Waiting List. Zepama, Advancing Together. Zepama.io by hothead(m): 12:52pm On Sep 26, 2023 |
Zepama: Your Gateway to Thriving Communities and Beyond In a fast-paced world driven by technology, we often find ourselves craving genuine connections, exciting adventures, productive collaborations, and memorable experiences. Enter Zepama, a revolutionary mobile and web application that transcends the ordinary to bring you extraordinary opportunities for community engagement, personal growth, and global exploration. Buckle up and join us on a journey to discover what makes Zepama a must-have in your digital toolkit. Unveiling Zepama: Your Co-Living Universe Zepama isn't just an app; it's a universe of possibilities. It's the passport to your co-living journey, connecting you with fellow travelers, students, remote workers, and gamers across the globe. Here's a glimpse of what awaits you: 1. Co-Trekking: Explore the Great Outdoors Together Imagine conquering challenging trails, discovering hidden gems, and experiencing breathtaking landscapes with like-minded adventure enthusiasts. With Zepama's co-trekking feature, you can plan or join thrilling treks, hikes, and outdoor expeditions. Whether you're a seasoned mountaineer or a weekend wanderer, there's an adventure waiting for you. 2. Co-Studying: Elevate Your Learning Experience Learning is an eternal journey, and Zepama is your companion. Connect with fellow students, share knowledge, and collaborate on projects with Zepama's co-studying feature. Access educational resources, study materials, and virtual study groups that make learning fun and engaging. 3. Co-Working: Redefine Remote Work The future of work is remote, and Zepama's co-working feature is here to redefine the way you work. Access a digital workspace equipped with productivity tools, connect with remote colleagues, and collaborate seamlessly. Say goodbye to geographical constraints and hello to productivity on your terms. 4. Co-Gaming: Level Up Your Entertainment Gaming isn't just a pastime; it's a lifestyle. Zepama's co-gaming feature invites you to a world of multiplayer gaming and immersive experiences. Team up with players from around the world, compete, and celebrate victories together. 5. Blockchain Integration: Secure and Inclusive Financial Solutions Zepama believes in financial inclusion. That's why we've integrated blockchain technology and cryptocurrencies into our platform. Send money, convert currencies, and manage your digital wallet with ease. We're making secure and affordable financial transactions accessible to all. Zepama: More Than an App - It's a Community At the heart of Zepama is community building. We're fostering connections, bridging gaps, and creating global networks of like-minded individuals. Whether you're a solo traveler, a student seeking study buddies, a remote worker craving coworking companionship, or a gamer looking for allies, Zepama is your gateway to thriving communities. Join the Zepama Revolution It's time to break free from the ordinary and embrace the extraordinary. Zepama is your ticket to a world of adventure, learning, collaboration, and entertainment. Join our ever-growing community and discover what it means to co-create, co-learn, and co-thrive together. Don't miss out on the Zepama revolution. Join our waiting list waitlistr.com/lists/6f1a0cb0/zepama-waitlist now. You will be one of the 1st to download our app and embark on a journey of connection, growth, and unforgettable experiences as soon as we launch. Welcome to the future of co-living; welcome to Zepama.
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Family / Re: That One Child That You Love, But Will Frustrate You Unintentionally by hothead(m): 10:50pm On Aug 06, 2023 |
ahnie: To be honest, that boy is a Starr lmaooo the chics came to look for him o lmaoooo 4 Likes 1 Share |
Family / Re: House Clearance Sales, Abuja Only. by hothead(m): 1:19am On Aug 05, 2023 |
ttomexy: 150k deal? 1 Like |
Foreign Affairs / Re: 41 African Countries Sign Military Agreements With Russia (Photos) by hothead(m): 9:30pm On Aug 03, 2023 |
Who is the guy in military uniform Infront? |
Programming / Re: Muili Seun Sells Off Gocampus To Vickram Sybri, Indian Tech Guru by hothead(m): 4:19pm On Jun 21, 2023 |
Homeboy abeg let's work together.. I am building something abit better .. I need gingered tech guys to push with ... slawomir: 1 Like 1 Share
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Jobs/Vacancies / Re: Comedy Script Writer by hothead(m): 1:10pm On Mar 22, 2023 |
Title: The Election Madness FADE IN: INT. LIVING ROOM - DAY Ade, Bay, and Dap are sitting on a couch, watching the news about the upcoming elections. ADE: (excitedly) Guys, the elections are coming up soon! Have you decided who to vote for? BAY: (sarcastically) Yeah, I'm voting for the candidate who promised to give us free food forever. DAP: (rolling his eyes) Bay, stop being silly. We need to vote for someone who has a good track record and can lead our country to greatness. ED enters the room, carrying a large stack of flyers. ED: Hey guys, have you seen these flyers? I'm running for office! ADE: (surprised) Ed, you're running for office? What's your manifesto? ED: (proudly) I'm running on a platform of free ice cream for everyone! BAY: (shaking his head) Ed, you're not taking this seriously, are you? ED: (defensively) Of course I am! I've even made campaign t-shirts that say "I scream, you scream, we all scream for Ed's ice cream!" DAP: (sighing) This is getting out of hand. We need to focus on the real issues that are affecting our country. ADE: (nodding) Yeah, like education, healthcare, and the economy. BAY: (smiling mischievously) Or we could just vote for the candidate who promises to make Mondays a national holiday. DAP: (exasperated) Bay, that's not even a real issue! ED: (grinning) But it's a great idea! Who wouldn't want an extra day off every week? ADE: (laughing) Ed, you're a clown. But I have to admit, your ice cream campaign slogan is pretty catchy. BAY: (smiling) Yeah, I might even vote for you just for the free ice cream! DAP: (shaking his head) I give up. You guys are impossible. The group continues to debate and joke about the upcoming elections, each with their own unique perspective on the issues. FADE OUT. 2 / 2 |
Jobs/Vacancies / Re: Comedy Script Writer by hothead(m): 10:48am On Mar 22, 2023 |
Rubyjade: Title: The Election Shenanigans FADE IN: INT. A SMALL TOWN VOTING CENTER - ELECTION DAY ADE, Bayo, and Dapo, three enthusiastic volunteers, are setting up the voting booths, while Eddy a lazy government official, sits in a corner playing games on his phone. ADE: (Excitedly) Today is the big day, guys! I can't wait to see the turnout. Bayo: (Nervously) I just hope everything goes smoothly. I heard there are already some reports of voter fraud. Dapo: (Confidently) Don't worry, Bay. We'll keep a close eye on things. Ain't that right, Ade? ADE: (Proudly) You bet! Nothing will get past us. Suddenly, a loud noise interrupts their conversation. They turn to see Eddy, who has accidentally knocked over a pile of voting forms. Eddy: (Nonchalantly) Oops, my bad. You guys can handle that, right? ADE: (Angrily) Ed, what have you been doing all day? Get up and help us! Eddy: (Sarcastically) Oh, I'm sorry, Your Highness. I didn't realize I was supposed to work on election day. Bayo: (Sternly) Eddy, we all have a job to do here. This is important, and we need to make sure everything is done right. Eddy: (Sighing) Fine, fine. I'll help. But don't expect me to break a sweat. As they clean up the mess, a group of voters starts to arrive. The volunteers greet them and direct them to the voting booths. ADE: (Eagerly) Good morning, sir! Here's your form, and here's where you can vote. Bayo: (Politely) Good morning, ma'am! Right this way, please .... Something loading like this? 1 Like |
Autos / Re: Direct Tokunbo Engines And Gearboxes by hothead(m): 5:01am On Jan 17, 2023 |
How much for Nissan Titan 2008 gear box |
Politics / Re: Sack Emefiele Now - Sowore Reacts To Redesigning Of Naira Notes by hothead(m): 6:05pm On Oct 26, 2022 |
immortalcrown: At what cost to the economy? Instead of him to thinkm9f how to buy dollars from China's trillion $ holding of US treasury money to settle foreign businesses with funds stuck in Nigeria's economy.. Na wa o.. burnt out brains 9 Likes 3 Shares |
Politics / Re: “I Cannot Be A Yoruba Boy And Vote For Igbo” - Prophet Oladele Supports Tinubu by hothead(m): 11:03pm On Sep 12, 2022 |
Daft statement. |
Art, Graphics & Video / Re: Newly Employed Security Draws Eyes On £740,000 1931 Painting In Russia(Pics) by hothead(m): 12:22pm On Sep 12, 2022 |
Culture / Re: Who Is The Longest Serving Monarch In Nigeria? by hothead(m): 4:43pm On Sep 10, 2022 |
Check Adesida the Great 40th Deji of Akure Reign June 22, 1897 – 1957 ...60years |
Culture / Re: Who Is The Longest Serving Monarch In Nigeria? by hothead(m): 4:40pm On Sep 10, 2022 |
Adesida the Great 40th Deji of Akure Reign June 22, 1897 – 1957 Coronation June 22, 1897 |
Crime / Re: Na Wa Unbelievable!!! Neighbour Illegally Taps Water Supply by hothead(m): 4:10pm On Sep 10, 2022 |
Wow! I think this is happening to me... my water bill went up from around N4000/mth to 20 something k/mth..... It baffled me because its just 2toilets, 2 baths and kitchen point that dispense water in the apartment... even if I have leaks at all points, 20k water bill per month is crazyyy .. |
Crime / Re: NFT Scam Detector Rug Pull Finder Got Hacked by hothead(m): 3:16pm On Sep 05, 2022 |
Hmm this nft space is foreign to everyone right now so attackers have plenty prey .. crazy world |
Politics / Re: Face Of The Owner Of Lagos Oriental Hotel Not Tinubu (see Photos) by hothead(m): 3:11pm On Sep 05, 2022 |
Correct. The Tung family own oriental hotel. RichestMinds: |
Music/Radio / Re: What Song Are You Listening To Right Now As The Day They Go by hothead(m): 6:55pm On Sep 03, 2022 |
Saturday by 21 pilots Skyline by Khalid |
Politics / Re: Breaking: Kwankwanso Steps Down For Tinubu, To Join APC On Saturday by hothead(m): 3:13pm On Aug 31, 2022 |
This is it! Yes Obi it is DaddyFreeze2020:
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Romance / Re: I Slept With My Ex And I Think My Husband Knows by hothead(m): 9:01am On Aug 17, 2022 |
Don't tell. I repeat, do not tell....jus keep your secret to yourself... telling will ruin your whole relationship. Do not tell daylay7: 5 Likes |
Autos / Re: Gazzuzz Autos And Part Store. by hothead(m): 1:41am On Aug 14, 2022 |
biosilicon: Abeg na acura mdx 08 ENGINE be this? How much ? |
Car Talk / Re: Naija MDXers Community: For The Owners, Techs, DIYers, Or Fans Of The X by hothead(m): 1:26am On Aug 14, 2022 |
Thanks guys, I will go thru all the checks |
Politics / Re: Nigeria Seeks $400 Million Private Investment To Complete Millennium Tower by hothead(m): 12:26am On Aug 13, 2022 |
It is at the tail end of your time in office that you people are noticing this abi? Na wa .. shaa, let's complete it thru PPP. I wld help |
Car Talk / Re: Naija MDXers Community: For The Owners, Techs, DIYers, Or Fans Of The X by hothead(m): 3:46pm On Aug 11, 2022 |
2008 MDX, Been having issues with my battery terminal. It makes my battery so hot and run down and makes car refuse to start until it is cold.. They said its the alternator but I don't see the battery lights on at dashboard.. Any one had this issue b4? |
Crime / Re: Police Helicopter Films Violent Bloody Shootout On Highway by hothead(m): 10:41pm On Aug 09, 2022 |
Who is this man? You have sense .. Jakumo: |
Politics / Re: Nigeria In Uncharted Waters -cfr.org by hothead(m): 7:52pm On Aug 08, 2022 |
Maybe we shld take a look back at Democratic Republic of Congo's story too ...We might be able to connect some dots on The rebels and their trajectory |
Politics / Re: Pyrates Confraternity Mock Tinubu (Photos, Video) by hothead(m): 7:28pm On Aug 08, 2022 |
The song is a hit sha |
Politics / Re: What A $1,700,000 Mansion In Lekki Look Like by hothead(m): 6:52pm On Jul 17, 2022 |
Constructive update ..osheyy take cappuccino bross Dsalvo:
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