₦airaland Forum

BruncleZuma:
My gee howfar?

I dey well, I hold my side tight. Still in kano?

BruncleZuma:
Army Day Secondary School, Bukavu Barracks, comes readily to mind...

I sight a Kano resident.

Such an act from the authorities of the Nigerian Army should be commended. I just feel on my inside that they are doing everything to paint Buhari good in our sight. I said so because our Military always get themselves involved in partisan politics.
Boy enjoy your brown envelope.

*****Modified*****
Expect petitions to start flying cos people would no longer be afraid to speak out or report these untammed folks.

Sultannayef:
FBNINGLA

The Lagos State covers other States because it is where the HQ is located. In other words, it’s the same..

Thank you so much.

gistblogger:
SEE PHOTOS OF THE LADY & HER BOYFRIEND HERE >>> http://gistmore.com/lady-gets-iphone-x-boyfriend-just-one-month-started-dating

What would you gain by deceiving people with misleading information for a blog traffic?
BTW, You would hardly rank your blog because you focus on too many niches at the same time. Romance, Politics, Fashion? Damn...rather dedicate your blog to a particular niche and related niche to your major niche otherwise 15 months from now you will angrily abandon it for something else.

helpsomeone:
. Thanks, have explained to him

Wish you the best.

DaddyNimo:
so all the while he was giving u products for free to sell, you couldn't save enuf to stand alone one day....how do I trust you will be able to pay the loan if given den

I don't think the little profit he makes might be enough to feed him and his family let alone transportation to place of work (or market) not to talk of savings.
OP might give a valid explanation to this other than what you posted.

Make a formal report to your bank for rectification. If they don't address your issue the way you want, fastly email CBN complaints email address. Your bank will sit up and tight for you matter.

Na wa o, Wetin be did?

tayotayo60:
Did you buy the arbitrage or you got it free too?

Got it free of charge. Finished reading it and it is awesome.

ziziangel:
Check the twitter space, it's typed there

Thanks for the eBook. Got it from Op without hassle via Whatsapp.

ziziangel:
I got this ebook on warrior forum...it's BASICALLY about being a middleman on Fiverr, meaning you can earn without having skills by OUTSOURCING.

Note: I've NOT attempted any method on it yet, I just got it few secs ago & I'm giving it out for FREE.

So drop me a msg on my whatsapp.
Check my signature for my whatsapp contact.

No Whatsapp contact on your siggy.

Ubongdemaga:
. The fact is the man handling the stuff @ abuja is telling me to exercise patience till next year when d current controller-general will b going cos he is a difficult man to deal wit. He said if a new man comes he can now approach. Am surprise to see that both contribution of my own n prisons still running . The amount i saw some minutes ago is a balance as @ march 2018 amounting to 1:6million.

Still go ahead and apply don't let what the man handling it for you is saying. If you are not satisfied, petitioned them through Brekete Family and you will see speedy resolving of your matter.
Meanwhile, I wish you the best.

Shittaakeem:
My Guy it not funny at all
I will unleash my inner hulk If they don't fix it on monday

I will email them today or by Monday. I hope our queries are attended and rectified.
Thanks for the mention.

Shittaakeem:
GT bank did this to me yesterday I recharged 600 they deducted 800 without recharging my phone.
I complained to their customer care this morning but the story no be here ooo. Well Monday will tell.

Had same recharging issues with GTB. I recharged MTN 200 twice, only got 200 instead of 400.

Custaqueen:
something that happens in the brothel where I stay everyday ....i even seperate fight this morning sef..so op how is this news?


Meanwhile,I would really appreciate it if you all check my signature God bless

What's in your signature other than your contact?

thewesternking:
Yet in Malaysia's president is 92.
Age is nothing but a number

Buhari is a failure. I do not expect any development from him cos he can't do it. And L's don't compare Nigerian system to a working Malaysian system.
For now it is not a wise to compare the both.

Abegi. Buhari is over 80 years. He need a rest biko.

EmpresFIDEL:
you did not add groundnut oil, and note.. if you want to eat it with yam it should contain a level of groundnut oil so that it will not be too dry but a little but watery and yummy.

I bet you meant to say oily and not watery.

Stop calling this dude a retired boxing champ. He will run back to the ring to fight for cash prize if his wealth starts dwindling especially with a trending young boxer.

What an advice from Areafada? I do not expect much from you though.

Trying not to comply with gun welding police officers has ended a lot of people's lives in Nigeria.

paroh137:
These figures give me a headache when I see/hear them. That's how I was looking through Timaya's fleet of cars and thinking of my life. God knows if I even have 0.1 percent of this 170m I can never be broke again. Too many business ideas, zero capital. Sigh

Don't give up. Some way some how you will pull through.

lovere:
And I am using Huawei p10

Are you a serving US personnel? You dont need to over work yourself.

Once a cheat always a cheat. Call off your engagement cos you will die of heartache if you go ahead with your marital plans.
You have gotten an early sign already don't let her ruin the beautiful life ahead of you.
I am confident you will find a lady well deserving to settle down with.

databoy247:
Thanks mate.

Part of what I do is stated in my post.

I hardly comment on most topics because I feel a lot of folks really need to go out there and see what is going on in the world of online business.

Making money online has to do with knowing the right thing to do. In 2016, I set up a website that raked in over 500k in less than 5 months of being operational. Nairaland is so full of people who believe affiliate marketing, Fiverr, or CPA are the only ways of making money online. It pisses me off and weakens me to see these set people who refuse to explore other gamut and spectrums of online businesses.

All the best mate. You have a beautiful mind. I have always told folks the sure way of making cash online is selling a product or service via a blog or website. Sure way though. Thanks for you post once again.

databoy247:
You are totally wrong my friend. Making money online isn't about affiliate marketing or CPA. Not everyone is cut out for those line of businesses.

Cases:
Mr Toba makes a killing running Whogohost with over 30,000 domains hosted. He has an office with series of staff (including official cars). This is web hosting and not affiliate marketing.

Mark Essien makes a truckload of money running hotels dot ng. Again, not affiliate marketing.

How about Leke? Founder of Voguepay - an award-winning Fintech platform. if you don't know, Leke is a member of this forum.

There are others that are social media influencers having hundreds of thousands of social media followers. They rake in good cash. An example is my friend Ushebebe.

Stagger here on Nairaland has landed properties and massive agricultural investments - benefits of being an online freelance writer.

Abiola and co who are the founders of Paystack recently raised $1.3 million funding to expand their business. Note that paystack is a payment processing platform (Fintech) which I and a lot of other service providers make use of. This is not affiliate marketing.

Personally, I have a CV writing platform that gives me a CONSISTENT monthly income and averages a million naira annually (aside from my other online ventures). Am not an affiliate marketer.

Affiliate marketing is cool, but the best bet is to offer a service online and get folks to patronize you. Get your marketing plan right with the target of scaling and you are made.

Finally, the real folks who make real money online don't have time to troll here. Because they are out there making money. Even, the affiliate marketers I know like Victory Akpomedaye, etc really don't have the time to keep convincing people to join them.

@OP, N30k can get you started if you know the right thing to do.

Your post is inspiring and made a mark on my mind. Its been long I saw good post on NL.
What business are you currently promoting online?

To do an affiliate marketing, you need a dugged approach as your competitors are armed to the teeth.
Fact is, the folks that make good income are westerners and they are non stop doing this game.
They go as far as doing comprehensive market research, setting up SEO based website (and blog) in regards to their niche and a good promotion go with it.

Getting proper info before delving into your choice business.


****Modified****

Get a good product or service and a good digital marketing plan and you will gradually earn.

If Recharge your phone from airtime vendors, retailers and manufacturers and you still don't get paid then you need to stop doing that. If you still buy airtime via recharge card vendors, or quickteller (website) or mobile bank app, then you need to STOP because you are sincerely losing money. 
HOW DO YOU LOSE MONEY?
Check this out, when you top up your phone airtime via bank account on ATM or any other means, your bank makes as low as 5% from your purchase and sadly you make 0% or even loose further from the SMS you received for topping up (SMS charges). 
HOW TO PARTICIPATE AND EARN MONEY?
• Have a GSM phone number MTN, GLO, Airtel or 9Mobile (Formerly Etisalat)
• Bank account to fund your wallet
• Bank account to transfer your earnings
• Little start up capital
• Don’t need any skills to do this
WHAT DO YOU STAND TO BENEFIT
• Recharge your GSM number and get a discount profit
• Buy data for any GSM network and get a discount profit
• Pay your subscriptions (Gotv, Dstv, Startimes etc) and get a discount profit
• Refer any one to buy airtime, data, pay for Tv subscription or to join this program you get a discount profit
• Make passive money 24/7 even when you are asleep.
• Any many more
Reach me via my whatsapp number   Zero- Seven- zero-three-two-one-five-two-four-four-seven- for more information and to get started now.

Samleen:
*If government can stop the printing 500 NGN notes and 1,000 NGN notes and officially discontinue its use!

*Reintroduction of Nigeria coins, 50Kobo, 1 NGN and 2 NGN.



Welcome, lets get started by examinining the top 10 performing currencies in the world to gain necessary insights before drawing our conclusions.

*.Kuwait Dinar KWD:  (  1 KWD = 1201.9611 NGN  )
Bank notes: 1/4, 1/2, 1, 5, 10, 20 Dinars
Coins: 5, 10, 20, 50, 100, 200 Fils


*.Bahraini Dinar BHD: (  1 BHD = 956.3254 NGN   )
Bank note: BD 1/2, BD 1, BD 5, BD 10, BD 20
Coins: 5, 10, 25, 50, 100 Fils, BD 1/2


*.Omani Rial OMR: (  1 OMR = 936.2906 NGN  )
Bank note: 1/2, 1, 5, 10, 20, 50 Rials
Coin: 50, 10, 20, 50, 100 baisa and rarely used 200 biasa


*.Jordanian Dinar JDD:  (  1 JDD = 507,65070 NGN  )
Bank notes: 1, 5, 10, 20, 50, Dinars
Coins: 1/2, 1, quirsh, 21/2, 5, 10 Piastras


*.British Pound GBP:  (   1 GBP = 504.8154 NGN   )
Bank notes: €5, €10, €20, €50
Coins: 1P, 2P, 5P, 10P, 50P, €1, €2


*.Caymanian Dollar KYD:  (  1 KYD = 432.7622 NGN   )
Bank notes: 1, 5, 10, 25, 50, 100 Dollars
Coin: 1, 5, 10, 25 Cents


*.Euro EUR:  (  1 EUR = 448.2926 NGN  )
Bank notes: €5, €10, €20, €50, €100, €200 and  €500


*.Swiss Franc CHF:  (  1 CHF = 388.1395 NGN  )
Bank note: 10, 20, 50, 100, 200, 1000 francs
Coins: 5, 10 and 20 Rp/cts, 1/2, 1, 2 and 5 Fracs


*.United State Dollar USD: (  1 USD = 360.5000 NGN   )
Bank note: $1, $2, $5, $10, $20, $50, $100
Coins: 1C, 5C, 10C, $1/4, $1/2, $1.




Go back to the list once again and check what's the highest denominations of each currency (and population of users of each currency), You will discover that the top performing currency do not have high face value like we have 500 NGN and 1,000 NGN in Nigeria.

Also, you will notice that the top performing currencies have coins form of currency with denomination of very low face value.

The highest of the denominaton is 1000 Franc followed by 500 EUR. 1000 Franc is not in frequent use and the highest Franc denomination next to it is 200 Frank ( not like 500 NGN as we have here in nigeria ). Also the use of 500 EUR will discontinue this year 2018.

Get a hold on history of exchange rate in Nigerian, you will find out that every introduction of new high denomination currency note has averse advese effect on it.


Why High Denominational Currency Note Is Bad:
1. Increase in prints of currency notes with high face value e.g 1000 NGN makes other lower currency of less important and less usefull. This can gradually lead to upgrade of price of goods and services in market.

2. It makes stealing and loothing of cash easier as larger amount of money value can be packed into a very small space.

Why do CBN currently print more high denominational currency alone? Methink its in a bid to enhance hoarding of cash against the comming 2019 general election.

3. 500 NGN and 1000 NGN are no money for the common man, go to the market and examine what denomination are most in use.

4. It's in a way opposing the cashless policy by the federal government of Nigeria.


What The Wise Nations Did:
1. United State of Ameria used to have $500, $1000, $2000 currency notes until December 14, 1945, when the high denominational bills were last printed and officially discontinued on July 14, 1969 by the Federal Reserve System.

2. Europian Central Bank announced on 4 May, 2016 that it would phase out the 500 Euro notes by the end of 2018.



Other Factors That May Affect The Exchange Rate Of A Currency Include:
1. Ratio of goods/services importation to exportation

2. Availability of currency and number of complying users.

The Illegal illegal printing of currency by the CBN according to as reported by some news media outlets has a long way to desctroy value on our cash.

3. Inflation rate

4. Government debts and federal reserve.

5. Political policies and stability

6. And many more



My Recomendations:
Nigerian government should permanently discontinue and remove 500 NGN and 1,000 NGN currency notes from circulation. Reintroduction of 50 Kobo, 1 NGN and 2 NGN coins should also be done.

A serious government fighting corruption will yield to my advice as abundance of lower denomination currency will discourage looters from hoading and keeping cash in a safe instead of bank.

Caveat emptor:
This writeup is a personal opinion resulting from my many observations. It is not a scholarly work and should not be treated as one. Copy-and-paste bloggers should please reference the link and author of the article.

You deserve a space in the Nigerian Economy team. Thank you for this analysis.