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Business / Re: Union Bank 100 Years Celebration Music Video by Rainmaker69(m): 3:46am On Oct 15, 2017 |
David0: You can't stop dancing because you were paid to run social media publicity ko? |
Politics / Re: Obasanjo In Dele Issues Comedy Skit "Mr President" (Video) by Rainmaker69(m): 10:04pm On Oct 14, 2017 |
gbosaa: Lol! I salute their effort and initiative, but the Dele character diminishes from the significance of the message. |
Career / Re: Chinese Firm Incarcerates 30 Nigerian Staff In Its Premises For Three Days by Rainmaker69(m): 10:30am On Oct 10, 2017 |
This is very unfortunate. If this true, I don't understand how the staff also agreed to stay behind or how the security agreed to enforce such an order. The whole town should boycott the company and then we'll see who needs who. There are things we can do as citizens to defend our rights, we need to take responsibility now and not blame or call on the FG as if we are powerless. |
Crime / Re: Two Female Nigerian Undergraduates Fight Over A Pair Of Undies by Rainmaker69(m): 2:17am On Oct 05, 2017 |
Its always about more than just pant. |
Technology Market / Re: Professor On Any Type Of Generator. by Rainmaker69(m): 7:43pm On Oct 01, 2017 |
niyoni: Same to you my brother. |
Technology Market / Re: Professor On Any Type Of Generator. by Rainmaker69(m): 6:28pm On Sep 30, 2017 |
niyoni:The tank takes about 28 liters. And burns at just under 1 ltr/hr. Once on, it powers 2.5kv inverter, 2 tvs, 2 fridges, 4 fans, a bunch of lights, coupla pcs and general household electronics. The security house is also connected. |
Phones / Re: The Reality Of Unhealthy Smartphone Charging by Rainmaker69(m): 9:40am On Sep 30, 2017 |
You've done your study, how can we confirm whether your study is enough if you don't share the findings from the study. I'm not sure you understand how smart phone charging works. Most phones come with software that regulates charging function-smart charging if you may. Overcharging is a thing though but not where power supply is epileptic. |
Politics / Re: Order Of Federal High Court Restraining EFCC From Arresting Ekiti Govt Officials by Rainmaker69(m): 3:04am On Sep 30, 2017 |
gabolak:My brother, I don't understand what is wrong with our generation. All you need to do is to read the orders to know that the they are temporary. No court will grant a perpetual injunction to stop Government Agencies from carrying out their natural functions. Why would anyone bring a temporary order made since Nov 2016-one year ago- to make an argument about unfairness. 1 Like |
Politics / Re: Order Of Federal High Court Restraining EFCC From Arresting Ekiti Govt Officials by Rainmaker69(m): 3:00am On Sep 30, 2017 |
todaynewsreview: Enough of this nonsense from lazy, brown-envelope bloggers masquerading as journalists. Didn't you read that the orders were granted based on a Motion Ex Parte (without hearing the other side). The Order was made in November 2016 and was made pending the hearing of the Motion on Notice which is heard within 7 days based on the Federal High Court Civil Procedure Rules. This means that the Interim Orders lapsed since November 2016. Even if anyone is being highhanded, what do you profit from publishing fake news SMH 1 Like |
Business / Re: Jumia Moves Farther From Profit, Posts USD 61 Million Loss In Six Months by Rainmaker69(m): 8:08am On Sep 29, 2017 |
The real question is whether these figures represent Jumia worldwide or just Jumia Nigeria. I don't believe the use of such bogus figures without a proper context in the story. This is a poorly written report. Do you know what it means for a company to record that sort of loss in one single economy? They definitely have a different income statement for Nigeria. 4 Likes |
Technology Market / Re: Professor On Any Type Of Generator. by Rainmaker69(m): 11:44pm On Sep 27, 2017 |
Prof I hail, the carb of my Sumec Firman Eco 8990 ESR is quite dirty and causing sputtering. Can you recommend where I can get a new one and advise as to the cost. The gen has served well. Its going on 3 years now. |
Celebrities / Re: Bring Your Coffin: P'square Fight Video Details by Rainmaker69(m): 10:43pm On Sep 26, 2017 |
All these yeyecious bloggers, una done see food, Nigerians no go hear word. If na news una dey report, enter Sambisa or Anambra mek we know. |
Education / Re: Writing WAEC 10x Those Days Because Of 2 Subjects, How Many Times Did You Write? by Rainmaker69(m): 6:19pm On Sep 23, 2017 |
Explorers: My brother! It was a life of struggles. Struggle to buy form. Struggle to fill form. Struggle to submit form. Struggle to prepare. Struggle to know your Exam center. Struggle to do the exam. Struggle to check results. Keypoints na the google of those days. What a lost generation. |
Romance / Re: Man Blasted For Sharing After-Sex Photos With His Girlfriend On Facebook by Rainmaker69(m): 3:23pm On Sep 18, 2017 |
Shameless op. You are sharing private pictures under the guise of reporting... kontinu. Cybercrime Act is waiting for you. |
Technology Market / Re: Phone & Tabs Accessories: Holders, Cases, Touch Pen, Etc. by Rainmaker69(m): 12:41am On Sep 15, 2017 |
What tab holders do you have in stock, where are you and whats the cost? |
Properties / Re: 4 Simple Ways To Invest In Real Estate In Nigeria by Rainmaker69(m): 4:41pm On Sep 08, 2017 |
phoenix480: I acknowledge your point with regards to the heavy investment in Real Estate and I think we both agree on this. The point i was trying to make is that their investment in Real Estate is used to further their businesses. Examples like Walmart, Berkshire and Zara fit this model. Its based on the same concept that Ray Kroc used with the McDonald franchise. His real holdings formed a significant portion of his networth. They don't just buy the real estate to resell or hedge the way we do here. |
Properties / Re: 4 Simple Ways To Invest In Real Estate In Nigeria by Rainmaker69(m): 12:41pm On Sep 08, 2017 |
phoenix480: I think the real estate market hit was really bad because property prices were not determined by market forces but by Political exposure. The recession created a market stabilization but political forces are so strong that we aren't at equilibrium yet. Sadly, it really won't last forever. Its so hard to pass over some of these distress sales, some really tantalizing deals. I wish I could lay claim to authorship of the modules you referred to, alas, I am also in line to receive from erico2k2. I find there are many things to learn from how the West develops business models. |
Properties / Re: 4 Simple Ways To Invest In Real Estate In Nigeria by Rainmaker69(m): 12:32pm On Sep 08, 2017 |
erico2k2: My brother, I didn't say Real Estate is not a good investment- that would be a hypocritical statement coming from someone with investments in the industry. What I meant is that Real Estate (especially in Nigeria) is a safe form of investment. As you know, safe doesn't mean best. Lets take a look at the 20 richest people in the world (I don't mean them Dieziani oh, lol) and see how many of them are into real estate as a core business. You will find the list dominated by Tech, Retail and Hospitality. Real estate is developed and used for business. Over here, we grab and hedge, waiting for the perfect time to sell and make a killing. That's because the majority of the people who buy Real Estate are not in the real estate business. Sadly, society cannot develop that way. |
Properties / Re: 4 Simple Ways To Invest In Real Estate In Nigeria by Rainmaker69(m): 12:16pm On Sep 08, 2017 |
erico2k2: erico2k2, from an industry point of view, the Rent-2-Own Model can work when the beneficiaries buy to use as opposed to the practice of grabbing to hedge. There are many other factors that should be in place. As Phoenix480 pointed out, there are several reasons why this policy may not be realizable en masse in Nigeria- weak regulatory systems, fluctuating interest rates, inflation, insecurity and so on. I have a close relation who buys, develops/remodels and sells. Although He is very wealthy by UK standards, he only works on one site at a time. He doesn't use his capital on more than one project at a time, for financial reasons. I would like to learn some more about the business model that you propose, especially with respect to how we can use it here in Nigeria. |
Properties / Re: 4 Simple Ways To Invest In Real Estate In Nigeria by Rainmaker69(m): 12:05pm On Sep 08, 2017 |
phoenix480: Thank you very much for your intervention. You captured the essence of my comment. Real Estate is generally a safe investment but thats a very general rule. I'm not saying its not a good vehicle, I'm just saying that the general rule does not always apply generally. Apart from our land-use challenges in this part of the world, even the West has its share of property woes. You will recall the global economic crash caused by the massive failure of sub-prime mortgages. Simply buying Real Estate to shore up money isn't a fool-proof investment strategy. There are so many distress property sales in Lagos and Abuja because its currently a Buyer's market. The industry is suffering from a liquidity crisis. If Agents even think you have a serious buyer, they will call you more than Christ Embassy Evangelism Unit. Even Banks have stopped lending to Developers unless the Developer can provide up to 70% of the total cost, subject to several factors. I admire Ray Kroc's business model, the land he acquired was put to use by renting to McDonald's Franchisees. Real Estate should be developed- I digress. Thank you Phoenix480. |
Properties / Re: 4 Simple Ways To Invest In Real Estate In Nigeria by Rainmaker69(m): 10:43am On Sep 08, 2017 |
erico2k2: My brother, please respond to the post you quoted, I'm not a social media property consultant. I operate in the real world, we can connect and take it up from there. I would like your candid response to the post you quoted. |
Celebrities / Re: Akpororo Reacts To Yung6ix's DJ's Accusations About His Wife, Sex & Abortions by Rainmaker69(m): 9:10am On Sep 08, 2017 |
Bloggers sha... reaction wey no be reaction. Copied from another blogger. 1 Like |
Properties / Re: 4 Simple Ways To Invest In Real Estate In Nigeria by Rainmaker69(m): 8:56am On Sep 08, 2017 |
erico2k2: Why not respond to the points raised? You have no way of knowing how much i know or don't know. You have only succeeded in revealing how shallow or empty your thinking process is. For your info, I own land in at least 2 of Nigeria's most viable states and a timeshare outside Nigeria. I'm also a professional who handles property transactions including management and recovery, with more than 15 years experience. To summarise for you, I have the credentials and experience to speak on these issues. Don't join the bandwagon, think for yourself my brother. I suspect you're an agent and this is a knee-jerk reaction, that's one of our problems in this country. Speak to the points please, your market go still move. 1 Like |
Career / Re: He Was Fired After Performing An "Impossible" Task by Rainmaker69(m): 8:39am On Sep 08, 2017 |
talk2riel: It's a possible but improbable conclusion. There's definitely more to the story than what we see on the surface. Especially if the order came from the same management that commended him. Another point one should note is that nothing is said about his overall performance at the company esp in relation to what he was hired to do. If he does another person's work well but fails at his own job, then he's on his own. |
Career / Re: Kogi Introduces Daily Payment For Civil Servants by Rainmaker69(m): 8:33am On Sep 08, 2017 |
The complaints are nonsensical. How does an accountability-based reporting system make work difficult? Only in Nigeria. A worker on secondment will clock in to the secondary office. Any staff who has to spend more than 6 hours outside the office is a truant or a thief stealing government time. Those on essential service work in shifts which can be timed to meet the clocking requirements. Civil service truancy is the bane of the public sector and poor states like Kogi are often hit the worst. Most Civil servants don't go to work, the civil service is just a hustle to make side money. So sad. |
Properties / Re: 4 Simple Ways To Invest In Real Estate In Nigeria by Rainmaker69(m): 8:20am On Sep 08, 2017 |
One of the biggest lies sold to the modern world is Real Estate ownership as a good form of investment. Although real estate as a vehicle provides a 'safe' way to tie up money, you will find that unless its a short term purchase, recouping the purchase value of the property will take more than 10 years. In real life terms, that's a slow investment. That's leaving out factors like inflation, and the monetary cost of perfecting title, ground rent, tenement rates, property maintenance and reasonable wear and tear. Interestingly, liquidating real estate is a source of headache for many owners, especially when the property is not 'prime'. |
Business / Re: 8 Commandments Of Shopping In A Nigerian Market. by Rainmaker69(m): 2:18pm On Sep 07, 2017 |
tortorri1: Nice article... I think this point is not captured right. The belief is that amount of the first sale determines the sales for the rest of the day. They would rather prefer the first sale to be lucrative. This means that first customers may be taxed more than usual. |
Crime / Re: 2 Men In Army Uniform Came To Rob GreenVille Estate Badore, Lagos & Got Mobbed by Rainmaker69(m): 1:53pm On Sep 07, 2017 |
I pray they're fake soldiers and that the facts are as you presented. Otherwise, expect a violent and gory reprisal attack. I advise residents who don't have the liver to move out of the estate for a few days until the true state of things can be ascertained. |
Politics / Re: I Support Monitoring Of Social Media By Security Agencies- Babangida Aliyu by Rainmaker69(m): 10:42pm On Sep 03, 2017 |
Babangida Aliyu, that one na human being? Abeg shurrup there. |
Religion / Re: What God Is Saying About Tasha Cobbs Ft Nicki Monaj Collaboration by Rainmaker69(m): 8:59pm On Sep 03, 2017 |
We Christians on this side of the Atlantic need to really invest time in studying the bible in plain English. We can be religious and hypocritical. What is a secular song? Is God not the ultimate source of all inspiration? Is your national anthem not a secular song? God can speak through anyone and most times he chooses the unqualified. A Pastor once said to my hearing that He would rather put his sermon on Sound City than on TBN cause that's where the Word of God needs to be heard. If Nikki will take God's word to the world, we should encourage more collabos. Maybe Don Moen ft Nikki or Kunle Ajayi ft Drake. 2 Likes |
Education / Re: ASUU: We Have Had A Enough Of Toying With The Future Of Students -aruna Kadiri by Rainmaker69(m): 7:51pm On Sep 03, 2017 |
NANS should file a Class Action suit against ASUU and the FG. First, ASUU has no business disrupting the Academic calendar. What steps have they taken to improve the quality of University education with the current resources they have? Secondly, the lecturers are contractually bound to provide services, as at when due, to Students who have paid for an education. This issue pain me, nor be small. |
Politics / Re: Over Our Dead Bodies Will Anambra Election Hold – BSS Leader, Ezekwesiri by Rainmaker69(m): 6:27pm On Sep 02, 2017 |
Then people should invest in casket-making companies. |
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