Overboard's Posts
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Very interesting discourse on here. Unilever discontinuing those brands is more likely a decision to focus on more profitable products as Omo and Lux most especially have obviously lost market share due to stiff competition. The products are not close to top of mind as before. To dilute a brand either through quality reduction or lowering the price point would make no sense to some establishments but rather, discontinue and focus/consolidate efforts on the more viable options. No biggie here as this is a norm in such situations. If a relaunch or repackaging would salvage those brands, some metrics and research would have prompted Unilever to take that route. However, the concern is the trend is often an indicator of a bad economic policies and an unfavorable business environment… In economies where purchasing power dwindle as ours, brand loyalty can easily give way to what the pocket is saying. I personally ‘stopped’ low on a number of brands I use just to keep head above water. From real sausage to chicken franks; from Heineken to Trophy; from Nescafé Gold Blend to Classic and now to another lower rated brand… The emergence of competitors that seem to stifle legacy brands is not always a bad thing. Sometimes, it’s a mixture of growing demands being fulfilled by newer players and untapped opportunities actively taken up… Remember, Nigeria has a large (‘middle class’) population and this alone is an attraction for FMCGs. I saw some comment on backward integration. Yes, as much as many multinationals would rather give more monetary advantage to their home countries, if competitors are able to maximize profits sourcing locally, no one will tell them to do same. However, there’s a caveat to the immediate above: often times backward integration isn’t as easy as it sounds. I am privy to the fact that a number of critical raw materials available or source-able here don’t (yet) meet standards to which certain brand requirements dictate. Some attempts at creating local production of key raw materials have been futile. So FMCGs opt to continue importation of such to keep the quality aflame. My desire is that there is greater commitment to R& so that much of what is required by these entities is sourced here and the resultant effect is less use of FX to acquire materials at increasingly expensive costs and have more jobs through these efforts. |
@buygala, Easy ooo. The quoted below is too harsh na. Biko. “How can Linda, being a mother herself, albeit an unfortunate and useless one, be so callous?” __ Truth is, she may or may not seek consent to produce the story. It depends if it is an adaptation where the characters may bear semblance in name and likeness and the storyline reminiscent of the happening… However, I think it is only fair to consult with the families especially as this is a deeply traumatic event. For instance, my wife wept for days when this thing happened, no joke. She had to stay off social media to recover. What it would take would be some nominal honorarium not to buy their conscience but an appeasement of sort to tell their children’s story and somewhat seek their blessing. She could also obtain a release to use their real names etc… Strictly speaking, it isn’t a must but she ought to have, if you get what I mean. It would have only eased everything. |
To @jeromestarks What you claim you’ll do is for a weak man. Hustle up and resolve to bring a ‘better’ man by revenging with success. PS First love is a scam often times. |
kingmsookwagh:Nope, she is a straight arrow! |
Simple slight of tongue ooo. People wey dey get brain freeze nko a la BATista & coy? I'm not even saying I'm OBIdient but c'mon! |
Where is the weight? ![]() |
Apportion some to treasury bills... I think the rates are higher now but find out. Real estate in my opinion isn't a very motivating investment. Unless you may buy something cheap, reno and flip but a lot of factors have to fall in place for it to work. Other higher yield businesses though they come with risk. I think one or two legacy coins may be a good buy if the purchase is minimal. It is not very attractive at the moment but it is bound to pick up as crypto isn't going away; my opinion. Stocks. Like some US companies but research well. Even the highly rated Tesla stock dipped appreciably if I remember well. NB: I'm not a financial expert. |
IMC247:How do you sell? |
If you are a male between the ages of 27 and 34, very intelligent, experienced in media and advertising and resident in Asaba, Delta State; and is willing to travel the length and breath of the East for media and advertising related work for an FMCG, please send your CV to: richgamutonline@yahoo.com Thank you. |
How apt. |
Cantonese:Well said. |
Nigeria, the cruise of Africa. Humour me something please - how can such high incidence of cars on airport runway be?!? I’m weak. |
Distilling from comments here - informed or not - I would opine that a company such as MainOne should in the future, be designated something in the ilk of Companies Strategic to Preserving National Security, CSPNS. For the mere fact that a horde of Nigerian banking institutions and other sensitive agencies rely on their channels for data traffic, encrypted or not, is to me, enough impetus for a governmental bailout where VC funding, an IPO (if feasible), or closely vetted merger (not full blown acquisition), is not agreeable. No, MainOne isn’t exactly a data mining venture like Facebook etc but is still a potential treasure trove for foreign parties interested in undermining national security. This may be through hacking or other disruptive means, nonetheless, the consequences could be grace. Just imagine China allowing Facebook to acquire TikTok. You tink say na beans make US clamp down on ByteDance (TikTok). They understand these fundamentals, and beyond. |
MB, MB, MB… oh how sweet. Just sold my E320 (2004) cause it was 4matic and left it on a spot for too long. But when it was going, it was going… This is coming from someone wey don use Toyota, Geely and Nissan tire. Please, what’s up with these Suzuki SUVs, are they any good? |
Yes, twice. And she nor send me stil ![]() |
Ayo2004:Guy don’t make me sh*t my pants abeg ![]() |
LordReed:Very true bro. Norton after a while became a system hog and largely unusable. It thus fell out of favour with many. They probably remained strong in enterprise level security as I can not remember the last time ANYONE I know used Norton AV, the one-time king. |
Music studio? Tread very carefully. Unless you have a sure means to secure stream of clientele. Location, network and investment level also matter. Same for rehearsal studios which is a better bet generally, at least in my opinion but I’ve come across a relatively new (about one year plus) rehearsal studio barely getting any work. Much of what we hear as published music is produced in bedrooms and private spaces. There is still the need for professional studios at least for mixing and mastering though. |
Chai... |
Dogasas:My belle ooo ![]() |
ABBkelvin:Bro, na wah to you ooo. |
Very insensitive banter given the current circumstances but then again, Mr. Momodu more often than not, goofs. |
netmillionaires:No lele, understood |
Wow, he is a beast! |
netmillionaires:Chai, I was on your side o |
netmillionaires:Keyword, "conscience" |
Legalcriminal:Wrong mentality. Op, do the needful. Trust me, dis ting called fraud is a destiny killer. All the justification Yahoo Boys give is pure twaddle. I know the average Nigerian totally lacks ethics and it is hard to live right in Nigeria no matter how hard you try - I mean, if you could get away with offering N2k to a traffic officer to let you go for not wearing seatbelt, you’ll actually thank God for that ‘opportunity’ rather than being a straight arrow and face the music... it’s woven like fabric into our day to day... nonetheless, where we can absolutely do better, let’s do so. |
brightalo1010:Oga. Check my history on NL. This is my home. And he asked - I offered what I know. I provided a name that is easily verifiable. Likewise that location and is functional. It’s a school - Creche, KG, Primary and Secondary school. I know you’re trying to help though and everyone needs to be careful. Tip: *Always share with someone your movements and details * If possible, use Google Maps to locate and share your trip with a close person or family; I do that often so that I may be tracked real time. * Be utterly vigilant when walking or even driving especially in low population/quiet areas. Develop a habit of self awareness. * Pray to God. Na im get de final power. Cheers. OverBoard. |
incogni2o:Hello. I'm told there is vacancy for KG and nursery only. If interested, go to Eveland School, Mabo Street (after Bishop Road), Surulere. It's not far from Mushin. |
incogni2o:Let me confirm and get back to you tomorrow. |
so that much of what is required by these entities is sourced here and the resultant effect is less use of FX to acquire materials at increasingly expensive costs and have more jobs through these efforts.