Naijacutee's Posts

Nairaland Forum › Naijacutee's Profile › Naijacutee's Posts

1 2 3 4 5 6 7 8 ... 10 11 12 13 14 15 16 17 18 (of 140 pages)

Webmasters › Re: Anyone Got A Facebook Page For Sale? by naijacutee(op): 9:52pm On Oct 28, 2016

Snapchat:
It was originality meant to be a fan page to a rapper. Then I thought I could use it to promote a blog though I never did but the likes grows weekly even though the last post was around last year.
If I may ask why do you need a page, what for??

I need the page to promote a site through, and receive feedback. I want a highly engaged audience and a Facebook page is thefts way (I believe) to get this.

Webmasters › Re: Anyone Got A Facebook Page For Sale? by naijacutee(op): 9:48pm On Oct 28, 2016

I'm working on a motivational/skills development site to help people in these hard times so niches could be motivational quotes, learning, higher institutions, job seekers etc

fighal:
what niche are you looking for?

Webmasters › Re: Anyone Got A Facebook Page For Sale? by naijacutee(op): 6:53pm On Oct 28, 2016

emyryx:
I can help u grow to 30,000 followers in a month. Pm me if u are interested

This is also an option. Real or fake followers? I actually need real followers to engage.

Webmasters › Re: Anyone Got A Facebook Page For Sale? by naijacutee(op): 5:32pm On Oct 28, 2016

Snapchat:
Really??
On air personality.

Sorry, it means something else where I live. What's the page with 3000 likes about?

Webmasters › Re: Anyone Got A Facebook Page For Sale? by naijacutee(op): 4:53pm On Oct 28, 2016

Snapchat:
I have two, one opened with an o.a.p name with over 7000 likes and another with over 3000 likes.
Interested?!!

Whats an oap? Old age pensioner?

Webmasters › Re: Anyone Got A Facebook Page For Sale? by naijacutee(op): 4:15pm On Oct 28, 2016

falcon01:
I HAVE A PAGE WITH ONLY 3 LIKES

Maybe in 20 years :-)

1 Like

Webmasters › Anyone Got A Facebook Page For Sale? by naijacutee(op): 4:05pm On Oct 28, 2016

[color=#000099]Has anyone got an idle Facebook page they would like to monetise/sell? [/colour]

Investment › Re: MMM Nigeria Crashed by naijacutee(f): 2:47am On Sep 28, 2016

Oh my gosh. The amount of ignorance on this thread is baffling. Even if the paid in the first 200 days, it is not sustainable because the money is not actually being invested. Help doesn't work that way. People warning against it aren't bad belle, they just don't want you to lose your money when (not if, when) there's no more new money and hence, when it crashes.

http://www.mrpepe.com/personal-finance/is-mmm-a-scam/

12 Likes 1 Share

Business › Re: What Can I Buy With 8k? by naijacutee(mod): 2:36am On Sep 23, 2016

Why do you need to buy something? Is there anything wrong with investing a little amount of money?

1 Like

Business › Re: Help Needed Exporting 200kg Of Flour To Belgium. by naijacutee(mod): 12:08am On Sep 16, 2016

There are a few companies that help you export here (with prices and kgs). http://www.mrpepe.com/business-news/postalcourier-services-for-sending-goods-from-nigeria-to-the-international-market/

Investment › Re: What Is MMM And Is It A safe "investment"? by naijacutee(op): 12:10pm On Sep 15, 2016

larj:
Anyway anyhow Nigerians re only insterested getting out of the hustle zone to effortless self sustainability

The sad truth is that most people are lazy and don't want to think. Poverty has already eradicated if only people learn the right skills, and work on being good at these.

1 Like

Investment › Re: What Is MMM And Is It A safe "investment"? by naijacutee(op): 3:05pm On Sep 14, 2016

VikingsOO7:
They already know its a scam, ponzi scheme, pyramid scheme and it will crash one day...what else?
Thing is, for now it PAYS. Why cant people understand that and leave them alone? They have seen enough anti-mmm threads already.

They know?

Investment › What Is MMM And Is It A safe "investment"? by naijacutee(op): 2:44pm On Sep 14, 2016*

In a nutshell, you could lose all your money without warning and the scheme is under no obligation to pay you back.

With that out of the way, here's the full gist: “It has the signs of a Ponzi scheme, abi na HYIP them dey call am. The signs are there from the website sef”

This friend told me some of his friends had been on it since last year. I had to explain to him the little I knew about Ponzi schemes and advised him to tread softly.

So was I right or wrong in my assessment?
Is MMM a scam or not?

Months and more readings later I have arrived at a conclusion I will share in this post.
But first, some history…

According to the Wikipedia page, MMM was started by three Russians; Sergei Mavrodi, Vyacheslav Mavrodi and Olga Melnikova in 1989. The page then went on to list the Ponzi-like operations of MMM, how Sergei Mavrodi got jailed (and subsequently released) for fraud plus other MMM exploits.

In 2011, Sergei launched MMM-2011 and expanded to more countries, chief examples of which were China, South Africa and recently, Nigeria. In the first two countries, the scheme was met with serious opposition. In South Africa, one bank froze investor bank accounts over red flags of fraud. The Chinese government warned her citizens of the illegality of MMM earlier this year.
In Nigeria, the Security and Exchange Commission warned Nigerians to be wary of MMM, labelling it a Ponzi scheme. Warnings have generally been met with disapproval and refusal from MMM investors.
How does MMM Nigeria work?

Generally, schemes like these promise a high return on investment (ROI) and encourage members to get more people to join. The pattern of operation is similar in most cases and goes thus;
John invests in a ‘venture’ that has guaranteed high returns.

Peter and Paul invest later in the same venture.
Monies from Peter and Paul are used to pay John when it is John’s time to cash out.

Peter and Paul can only cash out their investments (plus profit) when others invest in the program.

Process continues

It is evident from the above that this type of system will collapse when new money stops coming in. This is why there are generous referral commissions to maintain continuous cash inflow.
According to the website, MMM is a platform where its members can help each other with funds when they need it. Participants are promised a 30% return after a month when they ‘provide help’ to other members. In addition to this, the scheme also promises referral bonuses, sign up bonuses and returns of up to 50% when using bitcoins.
There is no central bank account. Participants are not required to pool their money but to transfer it to one another when help is needed.

Let’s say a participant (James) is to provide help. What he does is;
Log into his account,
Click on ‘provide help’ and send it to whoever needs it.

Before then, James must have paid the money into his account. After the money has been sent, the receiver can go ahead to withdraw it.
The money James sent as help will now be converted to Mavro (the currency of the system). This money will increase over the next thirty days to an accumulative 30%.

At the end of this time frame, James can now request for help. Other members now send help to him, inclusive of the 30% accrued to James’ initial investment. Participants are only eligible to receive help after giving help.

Is MMM a Ponzi scheme?
Not exactly.

It does share some similarities with a Ponzi scheme but it is not exactly one. A correct term for MMM is a pyramid scheme. In a pyramid scheme, investors bring in other investors who in turn bring in more investors and the loop goes on. Typically, referral and other bonuses are paid to members for bringing others to the system.

A pyramid is slightly different from Multi-Level Marketing or MLM (like GNLD in Nigeria). Usually, In MLM, there is a something being sold such as beauty or pharmaceutical products.

In MMM, there is no product on sale, just money exchanging hands.

Disclaimers
The MMM Nigeria website has a boldly written disclaimer on its warning page. Here, participants are told in very clear terms that there is the possibility of losing all their money. They are then encouraged to only use their spare money or not join at all.

The system, also, puts certain checks in place to stop multiple registrations and dishonest users. Transactions are monitored to ensure authenticity through POP (proof of payment).This gives it a more credible look.

From discussions with friends and what I’ve read on forums, my conclusion is that the system can still be rigged. This can be done in any of these two ways:

While there are no central accounts, it is hard to tell if there are MMM agents having accounts in the system. These agents can decide to request help together and vanish. They created the system, they can manipulate it. In the case of China, the website just stopped working leaving investors unable to withdraw their money.
The bitcoin system (which looks more enticing offering 50% ROI) can be exploited like in this example.

Of course, there could be a number of other ways to beat the system, hypothetically.

Final thoughts
MMM operates on a model that is only sustainable with greater inflow than outflow of money. Once inflow is lower than outflow, issues are bound to arise.

Also, since there are no products sold, it might be difficult sustaining the 30% ROI and numerous other rewards. Hence, there’s no denying the high probability of it going bust in the future.
Be rest assured, if (or is it when?) it goes bust, there will be winners and losers. Regardless of that, a simple fact about MMM is: it is a pyramid scheme.

Source: http://www.mrpepe.com/personal-finance/is-mmm-a-scam/

3 Likes 1 Share

Health › Re: If Health Insurance Is So Cheap In Nigeria, Why Don't People Buy? by naijacutee(op): 12:18pm On Jul 10, 2016

@charix LOL. You make it sound as if people feel they can pay their way into heaven, but not into good healthcare.

I do understand your point though. I feel ignorance is probably the biggest obstacle.

Health › Re: If Health Insurance Is So Cheap In Nigeria, Why Don't People Buy? by naijacutee(op): 11:48am On Jul 09, 2016

I like your explanation, @charix. But people also "sow seed" in churches with no immediate (physical) benefits. How are people more ready to sow a seed at the compulsion of a preacher, and remain unwilling to sow a seed for healthcare for them and their families?

1 Like

Health › If Health Insurance Is So Cheap In Nigeria, Why Don't People Buy? by naijacutee(op): 1:13am On Jul 09, 2016

A friend had to do some research on health insurance and compared various health insurance providers. The data was so interesting, he swept it all into a blogpost.

My question: Based on the findings, it turns out that it costs under N20,000 per year to be insured in Nigeria. This means that major hospital bills can be paid for if people just commit to N20,000. Am I missing something here? Why isn't everyone getting health insurance? Why are people opting to pay N100,000 for admissions when this can al be taken care of by health insurance? Plus an insurer would be linked with reputable hospitals, so it is a cheap way of getting good healthcare for next to nothing. Why are people not "rushing" it? Am I missing something here?

If you're interested in the data/prices, here's the post: http://www.mrpepe.com/personal-finance/10-places-to-get-health-insurance-in-nigeria/

1 Like 1 Share

Business › Re: I Need Traffic To My Instagram Pages Anyhelp by naijacutee(mod): 11:44pm On Jun 25, 2016

Are you posting quality content?

Business › Re: Pls I Need A Help On How To Use POS by naijacutee(mod): 11:35pm On Jun 08, 2016

It is a great idea, but POS machines are usually given out to business owners. Plus you need to think about the consequences of handling cash.

Can you contact a company like http://mats.ng and relay the situation to them, to see if you can work with them to bring the service to your village?

Business › [Review] Sending £300 From The UK To Nigeria Across 5 Transfer Agents by naijacutee(mod): 11:44pm On Jun 06, 2016*

Short Version:

In this article, I will be reviewing five online transfer agents that can be used when sending money from UK to Nigeria. Please note that rates were valid as at 6am on Monday 6th June and are subject to change.
I was able to get the information on profiled agents through their website. Like in the previous version of this review, agents were assessed based on exchange rates, transfer fees and transfer time. Let’s see how they fared.

Western Union
Transfer rate: £1 to N450.75
Recipient receives: N135,226
Pros: Money in minutes
Cons: Low transfer rates

MoneyLineUK
Transfer rate: £1 to N494
Recipient receives: N141,142
Transfer time: Same working day
Pros: Good rates.
Cons: It isn’t seamless – lots of effort involved in making calls, transferring the funds and then calling again to check receipt etc.

Small World Global Link
Pros: You have an account area where you can save details of regular payees.
Cons: Online transfers are usually completed in minutes but could take up to hours before it is received by beneficiary.
Transfer rate: £1 to N490
Recipient receives: N140,140
Transfer time: Within two hours

World Remit
Transfer rate: £1 to N463.11
Recipient receives: N138,934
Transfer time: Within one working day
Pros: Mobile app, option to send airtime
Cons: Low rates.

Azimo
Transfer rate: £1 to N470.4
Recipient receives: N141,120
Transfer time: Within two hours
Pros: No fees
Cons: Can’t think of any to be honest

Source (More detailed version): http://www.mrpepe.com/banking/review-uk-to-nigeria-money-transfer-agents-what-is-the-best-way-to-send-300/

1 Like

Business › Re: Is Learning How To Make Yoghurt This Expensive? by naijacutee(mod): 11:49pm On May 22, 2016

How to make yoghurt for free: http://www.thekitchn.com/how-to-make-yogurt-at-home-cooking-lessons-from-the-kitchn-125070

1 Like

Webmasters › Re: What's The Best And Cheapest Way To Have Multiple Blog. by naijacutee(f): 3:00pm On May 08, 2016

I pay £4.99 monthly to host 6 websites with TSOHost

For the level of customer service they provide (they respond to emails in minutes) and they are open till 11pm each night, they are a bargain.

Travel › Re: Here's The Easiest Way To Chase An Arik Air Flight Refund by naijacutee(op): 5:23pm On Apr 15, 2016

abdussalam:
Rather than flying Arik on a local flight, try alternative airlines. Arik's poor customer satisfaction show should be looked into by the authorities. They need to be sanctioned.

I agree! There are so many alternative airlines out there, it isn't even worth the hassle. I researched and found the various ticket prices from Lagos to Abuja as a guide to flight prices per airline.

Here's a post on how to save money on bookings: http://www.mrpepe.com/personal-finance/how-to-book-the-cheapest-flight-fares-from-lagos-to-abuja/

Business › Re: How To Get A Virtual Credit/debit Card. by naijacutee(mod): 7:52am On Apr 15, 2016

Another vote here for Payoneer. You get a MasterCard posted to you, and better still you can accept international payments through it unlike Paypal. Here's a guide on how to get one: http://www.mrpepe.com/banking/how-to-successfully-use-payoneer-services-in-nigeria/

Travel › Re: Here's The Easiest Way To Chase An Arik Air Flight Refund by naijacutee(op): 4:41pm On Mar 25, 2016

Thanks!

Travel › Here's The Easiest Way To Chase An Arik Air Flight Refund by naijacutee(op): 12:20am On Mar 25, 2016

**Disclaimer: I neither work for, nor own a competing airline. I'm not being paid to do this either. However, I do feel that that we as consumers have a huge role to play in setting the standards of service we deem acceptable for businesses to operate by, especially if the said businesses rely on our patronage to stay in business. **

A couple of weeks ago, I made the unfortunate decision of booking a flight with an airline which shall hitherto remain nameless (but rhymes with "Barbaric". Stay with me till the end of the post to find plenty of clues as to the identity of the said airline.

At the airport, I had two choices: Take the 12.30 flight for about ₦21,000 or wait a couple of hours and fly Air Peace for ₦3,000 less. Being in a hurry to get to my destination, I decided to pay the ₦3,000 extra to fly Babaric on the basis that I would arrive in 50 minutes and continue with my business in the destination city. BIG MISTAKE, as I was soon to find out.

Just as it was time to board, a tired sounding member of staff hurriedly announced that the flight I paid ₦3,000 extra to board was being delayed by 2 hours. Okay. 2 hours later, as I watched the last of the Air Peace passengers disappear from the boarding queue, and we were still not boarding. I clenched my fists. After all, I bought the ticket myself, no one had forced me.

FOUR HOURS after our flight was supposed to depart, we were called to board. Fuming, I boarded the flight, and the captain cheerily greeted us with "We will be stopping at Port-Harcourt to by fuel before proceeding..." I'd had enough. Swearing, I stormed off the flight, back to the ticket counter and demanded a refund. Very apologetically, she promised I would get one. One week, two weeks, nothing. I had to take matters into my hands. It took a series of steps to get a refund (and an apology) and if you want to save yourself some headache, internet data and unproductive phone calls, here are the steps I took below:

- Step 1: Put your request in writing. Write your experience and complaints to the customer care service, and then indicate that you are giving them 7 days to respond to your letter, or you will take the matter further. If you have taken note of any members of your staff who might have been involved (like the sales clerk who might have promised a refund, for example), mention them. I can help with a template, but I don't want to waste my time preparing one if you won't find it useful, so please indicate in the comments section if you would find a template helpful.

In the case of Babaric, the complaints team you should write to is:

arik.refunds@arikair.com

Prepare your mind. Think of this as a project, and the end goal is your money back. Don't expect an immediate response at any stage, so keep working on your Plan B's.

- Step 2: If at the end of the 7 day period there has been no response, take it further and write again to the e-mail above. Begin your email with: "Further to my email dated DDMMYYYY, I have not received a response within the 7 day period and I have been forced to take this matter further.."

Copy senior staff members, as well as the Consumer Protection Council.

Here are Barbaric's key emails:

Abiola Shodiya <abiola.shodiya@arikair.com>
Prince Ahuchaogu <Prince.Ahuchaogu@arikair.com>

Louis Okonye <Louis.Okonye@arikair.com>

Michael.Arumemi-Ikhide@arikair.com,
Michael.Arumemi@arikair.com,
Michael.Ikhide@arikair.com,

Copy the CPC: cpc contact@cpc.gov.ng

- Step 3: If after another 7 days, you have heard nothing, submit a direct complaint to the CPC. 99% of consumers would have heard back by now, but in the unlikely event that you have not heard anything, submit a direct complete to the CPC who has the right to sanction the airlines and make them pay.

Here is the direct link for complaints: http://cpc.gov.ng/?page_id=911

These steps will almost certainly work for you as they have worked for me.

All the best, and please share your experiences in the comments section!

Source: http://www.mrpepe.com/service-reports/how-to-successfully-get-a-refund-from-arik-for-a-missed-flight/

5 Likes 4 Shares

Jobs/Vacancies › Re: Experiment: I Want To Train Someone To Be A Self-employed Virtual Assistant by naijacutee(op): 11:48pm On Mar 22, 2016

odimbannamdi:
Is this position still open?? can i still apply?

You can still apply.

Thanks to everyone who has applied so far. I've started contacting those who I think sound good for the role, and should reach out to all selected candidates by Friday. Apologies, I'd like to notify you sooner, but I'm extremely busy and have been going through your CVs and cover letters one by one.

Some notes:
- In your CV, your date of birth and state of origin aren't necessary.
- There's no need to create a separate document for your cover letter. Your email body can be your covering letter.
- I really don't need your marital status, honestly.

All the best.

4 Likes

Jobs/Vacancies › Re: Experiment: I Want To Train Someone To Be A Self-employed Virtual Assistant by naijacutee(op): 7:15am On Mar 20, 2016

tosyne2much:
I just hope this is real... OP, I will say I'm interested because I have most of the attributes you crave

It's real o. I've been on Nairaland for too long to post things that aren't real

2 Likes

Jobs/Vacancies › Experiment: I Want To Train Someone To Be A Self-employed Virtual Assistant by naijacutee(op): 4:48pm On Mar 19, 2016*

A virtual assistant is generally self-employed and provides professional administrative, technical, or creative (social) assistance to clients remotely from a home office. Tasks involve Microsoft Word, social media management (Twitter, Facebook etc), blogging, customer services via e-mail.

These are services I need myself, and I actually was about to hire someone from Fiverr, but had a rethink and thought it might be better to sow a seed into the life of an inclined job seeker to make a career out of this. So I decided on n experiment: I would like to train someone to work with me as a VA - pay for them to go on a course if need be, but also allow them to be free to work for themselves and seek supplementary work. I will assist them in finding regular international clients for this purpose, and also personally commit to providing them with a minimum of $100 worth of work monthly.

All I seek is someone who is reliable, has reliable internet access, great organisational skills, and is an articulate writer. This is not a position for anyone who wants to get rich quick. It is a position for someone who wants to control their own destiny and grow better, adding more skills to their portfolio and making money while doing so. If you own a blog, even better.

If this interests you, please PM.

3 Likes

Business › Re: From Lagos To Igbo Land: My Business Move by naijacutee(mod): 7:18am On Mar 18, 2016

Sorry to hear you've been ill, John. I think you've had food poisoning. It isn't major - you need to drink plenty of water, and rest a lot. Here's more about it here: http://www.nhs.uk/CONDITIONS/FOOD-POISONING/Pages/Treatment.aspx

Who's going to open your shop though?
Have you spoken to your friend Obinna? I called him over the weekend.
Get well soon.

8 Likes

Business › Re: From Lagos To Igbo Land: My Business Move by naijacutee(mod): 12:09pm On Mar 09, 2016

Seen and replied to. Sorry been really busy this week.

1 Like

Business › Re: From Lagos To Igbo Land: My Business Move by naijacutee(mod): 6:32pm On Mar 06, 2016

grandstar:
Do the shirts have AC
That amount can buy tokunbo AC

Lol, they don't. But there are some people who buy them for reasons best known to them.

2 Likes

Business › Re: From Lagos To Igbo Land: My Business Move by naijacutee(mod): 1:34pm On Mar 06, 2016*

John, this is the best thread I've seen on Nairaland this year. I really like the way that you write so clearly - you make the effort to write properly and this is something that many salaried people can't discipline themselves enough to do.

I've got some goods I would like to donate to your shop - a couple of Charles Tyrwhitt shirts (£70 each) and Superdry wristwatches (£100). You can sell and reinvest the profits. If you have someone in Lagos who can collect from Satellite town, I can get it ready for you.

41 Likes 1 Share

1 2 3 4 5 6 7 8 ... 10 11 12 13 14 15 16 17 18 (of 140 pages)