As much as I supported Tinubu, sharing money isn't the best way to go except the present government is filled with blockheads. What will it take to diversify this economy by 50%.
Bloomsbury: By the way, I was just thinking about something.
Do we have a Cyber security Startup in Nigeria?
Something like a private investigation or penetration testing Startup in Nigeria? 🤔
This isn't about penetration test. It's an inside job, a product of operational risk as a result of failure of internal systems, people and control put in place. Access rights will have to be given to staffs, but to what extent and what can they do with the access rights....who monitors this access rights? What are the processes to obtaining the rights. Does 4 eye principle exists?....the controls simply failed.
ngoziimmaculata: [/color][color=#000099] But do you know what their Salary looks like because I am confused right here. I don't want to waste my transport money for nothing that is my fear.
You better go o. No say I no tell you o.
. Well, salary is good....you will regret it if you don't go.
ngoziimmaculata: Good evening all Pls I got a test invite from AB Micro finance bank as a Trainee Cashier I want to know what they take home looks like and also I need their past questions on test Pls is urgent because I will be writing on Thursday Here is my contact: 09035267693. You can contact me.
Dare is committed to building access across Africa - by linking mobile money wallets to the rest of the world.
This guy built Africa’s largest mobile money hub: with over 320 million connected wallets.
But when he started, he just wanted to send money to his mom in Benin.
Dare left Benin at 18 to school in Morocco and later France.
Dare would get calls from his mother in Benin, who needed money. But sending that money was notoriously difficult.
In France, he used a cash-to-cash process, where he would go into the post office, give them cash and two weeks later it would be available for his mother in Benin.
When he lived in the US, it was even harder. He would physically give cash to people flying back to Benin - the fastest option at the time.
While money transfer was difficult, Dare noticed a contrast: making calls and sending texts was getting easier. And cheaper.
And in 2005, MTN (Africa’s biggest telecom) made an announcement that set Dare’s thinking (and eventually, MFS Africa) in motion.
MTN had announced it would launch MTN Banking - banking users through mobile.
And the telecom guy in Dare realised: If you could move data, then you could move value.
And if data (ie, texts, calls, media) could be sent between different mobile operators, then so could money.
Dare joined MTN in South Africa to launch mobile money across the continent.
And over time, the realisation gripped him, and his vision was set.
In 2009, he left to start MFS Africa - building a layer to connect mobile money wallets with services across the world.
And today, MFS Africa has taken over the continent. With:
📲 320 million mobile money connections on its platform
🌍 Coverage of 35 African Countries
💰Four acquisitions: Sochitel, Beyonic, Baxi by MFS Africa, and Global Technology Partners (GTP) (a $34 million acquisition of a US Company - one of the first of its kind from Africa).
🚀 Raised a $200 millions Series C from Admaius Capital Partners, AfricInvest Group, CommerzVentures, Vitruvian Partners and AXA Investment Managers
But it wasn’t always world domination for MFS Africa.
It took years before take off. At one point, MFS Africa only had $10,000 left in the bank.
Dare's relentless optimism and his grit saw him build one of Africa's most important companies.
Lol, but they entered the market via acquisition rather than building from scratch. Name it, from beyonic, to baxi and GTP.
Andrenalin: Peter Obi is very very wise, he knows something like this will happen, so he sue them on his own name and with lp. The case file shows that LP and mr Peter Obi sue Tinubu and INEC. So if you knock LP out, Obi is there to hold you on your left leg…. I laugh in Swahili
Hiking interest rate will mean one thing, higher cost of borrowing translating to relative lower prices(when compared to past prices in recent times, not all time low), and scarcity of funds to meet basic needs. This is suicide in disguise. We must understand that demands causing inflation exists from the point of reference of meeting basic needs, it's that bad.
So, rising interest cannot be the solution. The real solution is in the real sector-Diversify the economy to Agric in the short term to long term.
Focus on meeting local production of foods and export excess in the short term to long term
Diversify to industrial growth in the long run.
Anything short of this, we will continue to be in a cycle.
Subsidy in itself is good, but not achieving the purpose for which it was meant is bad. Now, is cutting the head the right solution to headache?
Oil subsidy shouldn't exist from the word go because we are abundantly blessed with oil, check it, governments all over the world only subsidize goods/products/service/commodity produced out of scarce resources. The word oil subsidy comes to play because some people are hell bent in ensuring our refineries don't functions to maximum capacity....hence subsidizing the expensive cost of importing refined oil became pertinent.
Indeed, the honey preventing fully functionality of refineries is corruption and greed to create spvs to siphon funds to the detriment of many, for the benefit of few.
In the wake of Dangote refinery,...the good news is subsidy has come to an end.
AsabaDirect: Hello, A friend of mine wants to relocate to Lagos for better job opportunities. He is making efforts to resign from his current job and move to Lagos. One of his friends have agreed to give him accomodations in surulere pending when he gets a job... He has Bsc in Economics and three years experience in sales in a major FMCG although it is contract... He is changing job because of he is tired of the contract job and wants to look for direct employment in Lagos... He is active in LinkedIn and other platforms... Please what is your advice for him and if you have any possible offers,Please drop. Thanks...
Your friend should change his CV address to that of Lagos and submit applications online. These days you don't submit CV by hand again. He shouldn't leave his job except he has committed a fraud.
The only way out is massive investment in Agriculture. We must grow 80-90% of what we eat, and also earn forex from their export. This will boost GDP, reduce inflation, reduce unemployment.
This is the only way. Now, the governor's are suppose to see this but they wouldn't.
SangoOlukosoOba: The Chinese are very smart! They have studied Africans and are buying into our lapses. Those guys are going to recolonize Africans with debt.
A time will come when we will be so hooked to them and will have nowhere to run to.
Free loans with mad terms! China will give you loan, and still execute projects with same loan, with its own Chinese company.
Let’s be truthful, Africans are dumb!
There is what is called debt restructuring....this is the height of it. Go and study Uganda's recent debt restructuring. Now, the interest was adjusted from about 3.4% to 1%.
OKOATA: Very tiny thing and they expect to survive in this. You went deep into the waters almost 12kk feet with this tiny thing. Reason why main submarines takes years to build. Ordinary deep water waves will sweep this away, but on a serious note even Blue Wales with It's hugeness and all that don't go more than 4k feet. Submarines are built with formidable steel that's why they go deep into the sea. This white submersible wasnt even made of steel but carbon polymer which was a huge mistake according to James Cameron.
Submersible isn't a submarine....
A submersible have to be launched from a ship.
And a very big submarine cannot go as deep as the ocean floor where the wreckage of titanic is, only the submersibles can go that deep. Even this submersible is bigger, can take 5 persons compared to traditional ones that have only 2-3 spaces.
This submersible is made of carbon fibre and titanium...but i guess carbon fibre isn't perfect for process of compression while going in and de--compression while coming out hence leaving cracks not visible to the eyes. The collapse was just a matter of time.....
Again, whales cannot be found that deep at the ocean floor.