₦airaland Forum

chiho:
New session jamb registration starts very soon.
The problem is with the NiN stuff.
Actually have the NIN slip but it doesn't have the logo at the back.
Does it mean its not valid

What you need is the NIN number because it is the number that you will send to JAMB short code to get your JAMB profile.

Adedapoayo:
UNIBEN Admission Matters.
You scored above 50.1 as aggregate in your putme (send a DM if you need assistance #NOT FREE)


No Scam
No Fraudulent
Pure Assistance with Thanksgiving

Do you know the aggregate cut-off marks for Engineering courses?.

Glamouzpeter:
I was born in April, I started school before 2years base on what happened between my parents, am doing well and am currently in my 300level which I'll be finishing next year at 22
It's not bad starting school early, so give it a try and u won't regret

If you started school before 2years and will be graduating at 22, if it is a 4 year course, it means there was a gap somewhere or was it ASUU?.

Drakkernoir:
Its not about the expense, i am just of the opinion that a child should be able to express themselves a little before they start...given what is happening in schools nowadays..my preffered age is actually 3, in the western world...it is 4/5.

I am just saying 2 sef, to let peace reign.

Age 3 is fine. I always advocate for targeting Nursery 1 at age 3. Primary 1 at age 5. Primary 5 at age 10. At age 10 and Primary 5, the child can take entrance into secondary school or the parent can allow the child to do Primary 6 and then enter secondary at age 11.

Lordsagna:
Unilag just released cut off mark...guess what, I'm 1.875 below catchment... just feel like dying it's just like everything is against me, I actually prepared really hard for this exam but luck wasn't on my side... I'm really depressed and down
Had 285 in jamb, 26.25 in putme and 16 in Olevel 1.875 just destroyed everything I've worked for....

Was surprised at the high cut-off marks for competitive courses despite the cry that JAMB scores were not high this year. Could it be as a result of the merging of two sessions?.

Itsrm:
The drivers deliver 30k weekly on average. Some more, others less.

Is this amount broken down into daily for daily delivery or is it that at the end of the week, this amount is delivered?.

Itsrm:
The first thing in rentals and where most people fail is, the vehicle has to be in a very good shape.

Putting a Nigerian used vehicle on rentals is a recipe for disaster.

The next pitfall is the agreement. Most people just copy someone else's agreement and have the driver sign.

This is what works for me.

Drivers should bear the whole cost of miscellaneous fixes.

Miscellaneous fixes includes exhaust leaks, tire fixes, wheel balancing, alignment, e.t.c.

Drivers bear 10-15% of all suspension fixes above 20,000 and 15-20% when it's below N20,000.

You only bear the whole cost of repairs of damage to drivetrain components. Your engine, your transmission, cv axles, e.t.c.

When they know they are partly responsible for repairs, they drive carefully.

Lastly, vehicle owners should be reasonable with rental demands.

So for a place like Lagos, what is the daily range rental that an owner should expect?.

OgogoroFreak:
Exactly! Rental is the best, if and only if you would be getting the drivers direct from heaven.

And we all know that heaven will not send drivers to Nigeria because when he gets to Nigeria, he will start behaving like a typical Nigerian driver that is on rental basis.

Lovelygbems:
We can offer you 8% on our FD


07067025384

Stability Assured....

Na for phone number you go offer the 8% on the FD?. Na phone number also be the 'Stability Assured'?.

freeman67:
Nothing like crap there. If you don't understand ask for more explanation. Every business either public or private is out to make money. So it is actually what about what comes with you to the table. Yes they may have a specification required of their staff. However, once something more serious is involved they overlook some rules...

Leave him, He thinks everybody that comes in is through shortlisting and competitive tests and interviews that take months. Iam sure he has not heard of 'if you want the N2Billion Consultancy job, then you have to employ my son or employ my niece or employ my nephew'. A Partner earns according to the business he/she brings to the organization and not by the number of First Class or 2.1s that he employs.

Tobex4realTobex234:
He worked 3 years at PWC as a Financial Analyst baba. Even PWC Nigeria you won't find dummies working there.

Once again, this is not a validation for people to go and put their money on Rise, because I've noticed that people here are waiting for who they will hold if something happens

You think so. If a state governor or somebody at the corridors of federal power makes employing a 'dummy' for PWC to get a lucrative deal, you think PWC will not employ the 'dummy'?.

Olaide1295:
A bank MD mentioned this same thing to me (that there’s an unseen hand). I asked for a hint and he said “Central bank”.

I’m not even sure what it means. Does Central bank invest in companies? Why Otedola?

You can dig further on this unseen 'Central Bank'. If the unseen hand is 'Central Bank' who or which bank will likely be the beneficiary?.

Make we dey watch sha. Still early days. FBNH has come out to say that they are not aware of Otedola acquiring a majority individual stake in the bank.

emmanuelewumi:
I don't think so.


But our banks are dirt cheap sha.


Paying about N30 billion for 7.5% ownership of First Bank

A bank with shareholders fund of over N600 million, Naira deposits of about N40 Trillion and dollar deposits of over $1 billion, 8 million customers a lot of billions of Naira in dormant accounts of dead customers.

Single handedly gave out a loan of $400 million to Kola Aluko and co, loan went bad but the bank is still standing

Let us watch sha. CBN sack the Board of First Bank this year.

emmanuelewumi:
Otedola is a smooth operator, he just acquired 7.5% of First Bank shares making him the largest single shareholder of the bank

Somebody whispered to me that Otedola is just the 'seen' hand and that there is an 'unseen' hand. Do not know how true is that.

AngelicBeing:
Hahaha, lol at the bolded in your post, l was expecting a response like this from any poster on nairaland.com, how about if l tell you that l inherited the wealth of King Solomon and the Queen of Sheba l invested 27 million dollars with IMG , will you call me audio billionaire

No. You will be called audio Naira trillionaire.

Nezzjnr:
Nawa oooo


Audio people just full here sha... Make una dey calm down abeg.

There's no way a Recognised Commercial Bank will eat your Money like that and you'll forget it... Ordinary 10k wey Access Collect from my Mama... She stormed the Bank sharply.. It didn't even take 10 mins... She saw the money in her account.... They knew heads will roll if the Money wasn't sent back.

A lot of people are having issues with Kuda.... Go to their Twitter page and see for Yourself

Real audio o. When @Lazyyouth talk am, dem dey attack am. I did a transfer of a tasere amount this morning from one bank to my account in another bank through Mobile App. I got debit alert immediately but no credit alert. I login to my account and the credit no dey. After waiting 10 minutes, I was about sending a mail to their customer care and also calling them before i see the credit alert. Dem get luck o because wetin happen for 1960 for happen again.

mymadam:
Shocking! This is absolutely unnecessary and a disgrace

Take it down.

Not only take it down, he should apologize to the lady.

[quote author=bushu9 post=106898105][/quote]Wetin concern me with Agropartnerships?. Are you sure you are responding to the right post?.

OgogoroFreak:
Are you the one on your profile?

I go like fvck you. #100k

DM

This is disrespectful. This is TB thread and not romance or sexuality thread.

richforever123:
All their investment has sold out, Agropartnership has a new cycle rolled, but there is none like that on Piggyvest

Typical Nairalander, asking for my age, while having a constructive discussion, you left discussion to ask for my age, so that you can say I am a small boy, while you are the most matured and intelligent, it's okay, I am actually not here for that kind of discussion OgogoroFreak

Why are you bothering yourself on the age question?. When there is an intellectual and constructive investment discusion and argument and somebody starts asking for the age of a contributor, just ignore and move on as it seems the person asking has run out of points.

emmanuelewumi:
The promoter of the business was a former banker with Zenith bank.

He resigned to start the business and it was profitable. If he had stopped as a N500 million to N1 billion business, paying investors 2.5% per month he might have been sustainable.


Your bank account officer or marketer should NOT be your financial adviser. Lai Lai.


The guy made use of account officers and marketers in the banks. These people know customers with huge account balances.

They convinced these customers with huge account balances to invest in IMG..


IMG paid the bankers good referral fees. IMG equally employed some of these bankers offering them 4 times to 5 times of their salaries.

The promoter of IMG also used churches where the upwardly mobile and top middle class attend to market his business.

It appears people stop being rational and logical with their money when they get into churches or religious organizations.

We should know that Nigerians are not nice " when Nigerians start telling you the secrets of their wealth and are inviting you to come and invest, we need to be extremely careful."
Most times it will end in premium tears.


I think those bankers who adviced their customers to invest in IMG should be sacked by their employers.


Many years ago my account officer at First Bank told me to invest in Nospetco, thank God for contentment. That same year my Stockbroker told me to invest in Sefteg, God has a way of protecting His own. The person I loaned the money to did not pay as scheduled, by the time he paid Sefteg and Nospetco had crashed.


When Investing don't just look at the upside, also consider the downside.

Ask questions on how the business or Investment makes money and the sustainability of the money made

Whenever somebody tells me to invest in such high returns companies, i normally ask the person if the company has a crude oil well at its backyard.

https://www.nairaland.com/6808317/bamise-ajetunmobi-wife-elizabeth-accused

Mr Bamise Samson Ajetunmobi And His Image Lenders Story. What I have learned so far:

1) Bamise Samson was a quiet banker who quietly did his job as a Zenith bank staff. He was with the bank for 8 years before he left to start his Image lenders startup in 2016.

Before he joined the bank, he was a graduate of Banking and Finance, from Madonna University Okija.

2) When Bamise set up his business in 2016, his first customers were his former colleagues, he was able to convince his colleagues in the bank to trust him with their funds in lieu of a 10 % monthly ROI payment.

His first investors saw their money paid promptly on time, those investors helped the young alleged scammer to spread the word that there is a new king in town who is trustworthy and a breath of fresh air.

Before one could say, Jack Robinson, Investors started flocking around Bamise with their money in return of a regular monthly payment from his company.

Even branch managers of commercial banks flocked to Bamise with their life savings.

Zenith bank staff were his marketers and foot soldiers.

A lot of them convinced customers that they were managing their account to invest with Bamise.

Because of this headstart of having your former colleagues in Zenith bank brought and convinced customers for your business, Bamise did not invest in media branding neither did he need social media influencers to influence for him online.

This is why his business was not popular on social media, only few people like myself knew about his business before now.

I knew him before now because a zenith bank staff told myself and Ndiya Baykay Eze Eze about him.

Bamise’s phone rang non stop from investors, convinced by his former colleagues in the bank and those callers want to invest their money with him so what is he doing with social media influencers?

3) Seeing that his fortunes and investors money with him have quadrupled, Bamise went to lure his old colleagues at Zenith bank to join him in his new startup.

He poached a lot of Zenith bank staff by offering mouth-watering salaries they could not resist and most times, double of what they earned at Zenith bank.

Because of this, a lot of Zenith bank staff resigned in droves to join Bamise in his wild goose chase and to be fair to them, they did not know what they signed up for.

He needed the validation that Zenith bank staff are working for his startup, to convince investors that he was real.

Boy! Bamise paid crazy salary salaries to his former colleagues who resigned to join him.

Imagine earning 200k per month in Zenith bank only for Bamise to offer to pay you 1 million naira. You don hit gold mine be that.

4) With his consistent monthly payment to his investors, Bamise had this brainwave: why not open Image lenders office abroad to cater for Nigerians in the diaspora who have been making enquiries on how to invest with his business in lieu of monthly ROI payment?

Image Lenders offices in China, Ghana, Dubai, South Africa and London were born and these offices were set up to attend to only Nigerians in diaspora who wish to invest in his business with their funds for monthly payment.

5) As the investor's money with him grew, to an excess of $ 50 million dollars at the last count, the young man knew he had to change his lifestyle to reflect his new status.

He bought a duplex at Ned Okonkwo's Victoria crest project in Lekki Lagos and paid cash up front, he is now a big boy so money is not a problem.

The only problem is how to spend it.

He also bought a house in UK and Dubai, to reflect his new status as a billionaire.

6) To also reflect his status as a man of means, a man of Timbre and calibre, Bamise also bought a citizenship passport of Antigua and Barbuda for his wife, himself and his two kids.

He paid over $50,000 to be able to do this, my sauce told me.

7) Bamise loves God as he worships at Sam Adeyemi's Daystar Church.

He was even a worker with the church and does not miss Sunday service except he is not in Lagos.

As a child of God, his monthly tithe runs into millions of naira and was one of the biggest spenders in Sam Adeyemi's church

God has blessed his hustle so he needs to show his gratitude by giving back generously to the church and he did on a scale never seen before.

8 ) Elevation Church in Lekki was one of his investors. Godman Akinlabi, the senior pastor of the church invested over 500 million naira with Bamise in lieu of a 10 % monthly payment.

Bamise was consistent in payment to the pastor and other investors who invested with him till he disappeared last month

9) Bamise was a sweet talker, his innocent looks, his love for God and the fact he has a background in finance influenced his investors to trust him with their money.

10) At the end of the day, the monthly ROI payment was not sustainable and the fact that Bamise was living a luxurious life on Investors funds, so the business with so much promise crashed like a pack of cards, just like other Ponzi businesses before it.

11) Piggyvest has nothing to do this with failed Ponzi scheme business that Bamise ran so I don’t know why some of us are spreading the false news that Piggyvest invested over 2 Billion with Bamise, causing panic for Piggyvest customers. It is not good ooo.

12)Such a sad story. I hope that Bamise and his fleeing wife are tracked down soon so that they can refund the investors the money that they ran away with.

ojesymsym:
Do these guys set up these businesses with an intent to defraud or they just get greedy when they start seeing the gullibility of people?

It is greed and maybe lack of financial education. They always think that cash with them equates to profit. Somebody brings 5m and suddenly they go on a spending spree thinking that it is profit whereas the 5m is a liability. When the person now comes for the 5m plus interest, the 5m is no longer available to be given because it was seen as profit by them and spent.

richforever123:
According to the Lady's Instagram Status, they had a SEC licence and all that, they have the same Model of Business as Branch, personally I never invest in a Husband and Wife Business, it never ends well

Wife is Board Chairman while husband is Managing Director and people are putting millions into it. Very funny.

OgogoroFreak:
Not true at all. Even me wont fall for such img global nonsense. Even the interest rate was a ponzi red flag. 6 - 36% MONTHLY.

I consider it a red flag seeing investment CEOs taking pics with men of God trying to ride on gullible religious people.

Those that invested in such companies, when they talk, you will see pure stupidity in what they say. Like the one below.

I think they always use people like this to draw people into the ponzi scheme. Who in his right senses will go and put 300m in a company without much history?.

skydiver01:
No reference to SEC licence on their website....

https://imaginelenders.com/aboutus/

Domain name has expired is what it is showing.

Afromentalist:
A thread has been opened on this issue.

https://www.nairaland.com/6805076/fraud-alert-bamise-ajetunmobi-investment#106781337

I would be very astonished if true that institutional investors such as GTB could fall for such a cheap scam.

"Imagine Global Solution Limited ". See the company name self, Imagine as in 'imagine your money enter voicemail'.

emmanuelewumi:
Crazy, that is like 120% per annum

They are mainly short term loans. Doubt anybody will take 10% per month for one year.

einsteine:
They lend at an average rate of 10% per month so they should be able to pay 20% annually. The problem occurs when they raise more capital than they can successfully deploy.

Hearing of 10% per month for the first time. Had always thought 6% per month was the highest.

SeaTrade:
If the 10m was just sitting idle with no purpose,I'd say use it.
You somehow forget to see that a loan has something called interest attached to it and also remitting capital and interest in non collateral cases.

It might be idle as you say and it might not be idle. The person taking such a decision knows why. It could be it is being kept for an opportunity that can come out from the blues.

ojesymsym:
lol... There is some logic to it, but would you sell your house or truck to get cash to run a short term business? Wouldn't you rather stake the house as a collateral to get the funding?
That stock, mutual fund and bond is usually viewed with the eyes of a physical asset even though it is liquid so guys would rather bank with it.
It is the same way where an average naija man will not understand why people live above their means in the US using credit card.

Let me add to this your points.

It is like somebody asking why a person having 10m in the bank is taking a loan of 8m to buy a transport vehicle and that why did the person not take 8m out of the 10m as he will still be let with 2m.