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Business / Re: CBN Bars MFBs, Opay, Moniepoint From Registering New Customers - Gazette by Temitopemo6e6(m): 10:36pm On Apr 29 |
In continuation…Part 1. Let me not say that Nigeria’s govt “love to see Nigerians suffer” but you should be the judge. First scenario, either Musa, Tunde or Emeka wants to transfer N100k to his mum in the village through GTB. His mama in the village uses Ecobank. GTB will charge him N50-100 for stamp duty and tax for sending money. Ecobank will charge his Mama N50-100 for receiving. The money has reduced to N99,800. Second scenario, Femi, Uche, or Adamu wants to send his mama N100k through his Opay. His mama uses Palmpay. He will send the money without any charge from Opay. They will even pay him at least N20-70 for sending money through them. Palmpay will gladly receive the money for his mama, for free. the N100k is intact. Again, at month end, Musa, Tunde, or Emeka who uses GTB, First Bank, UBA, Access Bank etc, will start getting debit alerts up and down - they’ll call it “account maintenance” charge, “SMS alert” charge, etc. Meanwhile, Femi, Uche, or Adamu who uses Opay or Palmpay will not get such charges. Rather, they’ll get a percentage for saving money on their platforms. 3 Likes |
Business / Re: CBN Bars MFBs, Opay, Moniepoint From Registering New Customers - Gazette by Temitopemo6e6(m): 10:33pm On Apr 29 |
With Opay, for instance, Nigerians can send and receive money in less than 2 minutes - money will enter acct and alert will show. This is what takes commercial banks over 5-30 minutes. Fintechs like Moniepoint and Opay have reduced the queues in bank ATMs with their POS. So, Musa, Emeka, or Tunde will not need to stress and go to ATM to queue. The ATM sef will still charge them. Fintechs like Palmpay, Kuda now have a very secure system where people can save money and be rest assured that it’s safe instead of stressing to go to the bank. So, FinTechs are hugely affecting commercial banks and might just close their business, if care isn’t taken. Their owners had to run to Abuja to beg for help. Let me stop here for now. Hope this helps👍 10 Likes |
Business / Re: CBN Bars MFBs, Opay, Moniepoint From Registering New Customers - Gazette by Temitopemo6e6(m): 10:33pm On Apr 29 |
Let me break this down in a plain language. Tinubu’s govt has asked Opay, Palmpa, Kuda Bank, and Moniepoint to stop new customers from opening accounts on their platforms. So, if Musa, Emeka, or Tunde wants to register on Opay, they can’t. The reason they gave was that Nigerians use the platforms for “illegal forex exchange - i.e. Nigerians send and receive dollars and Naira on the platform. This is a fat lie, actually. Here’s the real truth. Nigerians are fast accepting and trusting FinTechs like Opay, Palmpay, Kuda, and Moniepoint. This is because they do for Nigerians what commercial banks can’t do - I mean, the likes of GT, First Bank, UBA, etc. 6 Likes |
Romance / Re: How Did U Save Ur Lover Contact In Ur Phone Let See The Romantic Ones by Temitopemo6e6(m): 9:45pm On Oct 07, 2022 |
If god say so Wahala |
Family / Re: House Clearance Sales.. Come In Here!!!! by Temitopemo6e6(m): 9:34pm On Jun 28, 2022 |
tunjigypsy: 1 Like |
Technology Market / Re: Oneplus 8 5G 128GB used With Box - 150K by Temitopemo6e6(m): 12:13am On Apr 28, 2022 |
What your take |
Politics / Re: Buhari Choice For 2023 Presidency Revealed — Not Tinubu Or Osinbajo by Temitopemo6e6(m): 12:18am On Jan 31, 2022 |
Na aboki way |
Sports / Re: Rafael Nadal Wins Elusive 21st Grand Slam. by Temitopemo6e6(m): 12:17am On Jan 31, 2022 |
Djokovic thought he was above the law and this is the end result! Listen and adhere to simple instructions is the lesson learned here. |
Sports / Re: Rafael Nadal Wins The Australian Open, His 21st Grand Slam Title by Temitopemo6e6(m): 12:15am On Jan 31, 2022 |
Vinstel:Djokovic thought he was above the law and this is the end result! Listen and adhere to simple instructions is the lesson learned here. |
Sports / Re: Rafael Nadal Wins The Australian Open, His 21st Grand Slam Title by Temitopemo6e6(m): 12:14am On Jan 31, 2022 |
Felicidades Rafa. A great champion and warrior. Was on crutches in September 2021,won a grandslam in January 2022. What a battle...congrats to the GOAT!!! |
Business / Re: Buy At Alaba International Wholesale Price by Temitopemo6e6(m): 2:15pm On Jan 13, 2022 |
Alabaintprice:Amin |
Politics / Re: Olamilekan Adeola: Ogun Indigenes Reject Installation Of Senator As Aremo Oba by Temitopemo6e6(m): 5:20am On Oct 25, 2021 |
Oba wa , we no go gree, make dem cancel the match and fix it another day.� 2 Likes |
Sports / Re: Manchester United Fan Burns His Jersey by Temitopemo6e6(m): 11:32pm On Oct 24, 2021 |
Ok |
Crime / Re: Smart Alban Eze Njoku Ike Nabbed By Efcc by Temitopemo6e6(m): 5:11am On Oct 17, 2021 |
Will you be there when its time to pay back the loan, |
Politics / Re: IPOB Clears Air On Declaring Sit-at-home On Monday, Tuesday Next Week by Temitopemo6e6(m): 5:08am On Oct 17, 2021 |
We no gree. We no gree. We must sit at home throughout the week. We are not tired of sitting at home. It is helping tbe economy of the south east. It is attracting so many industries. It is helping our students and teachers. It is a boost to commerce. In fact, other regions are envious because they do not sit at home as often as we do. IPOB leadership that is based in the UK must be hailed for imposing the order. Ironically, they go to work while we sit at home. Their kids go to school while ours sit at home. They don't know what they are missing. 8 Likes 1 Share |
Crime / Re: Muslim Mob Kills Pastor, Razes His House, Church (Graphic) by Temitopemo6e6(m): 12:22am On Sep 27, 2021 |
Northern Nigeria and Afghanistan have same belief. This is an open murder and no culprit will be brought to book. The world will be a better place without these useless Muslim fanatics and their useless islam. |
Politics / Re: Boko Haram Members, Wives Surrender To Nigerian Military by Temitopemo6e6(m): 5:57am On Aug 06, 2021 |
It's is finally catching up with us all. No preferential treatment. Insecurity will consume us all. The failure of our leaders will teach us a big lesson And yet with same mouth u said u are better off now than u were in GEJ era...... |
Politics / Re: Court Stops Inauguration Of Newly Elected APC EXCO In Abia State by Temitopemo6e6(m): 5:56am On Aug 06, 2021 |
SHAME ! on Nigeria and the leaders. It has now come to this.... |
Family / Re: VIDEO: Young Billionaire Chico Buys N100m G Wagon For Mother 2weeks After Get.. by Temitopemo6e6(m): 12:05am On Aug 02, 2021 |
GOD blesses all the motherhood |
Education / Re: VIDEO: I’m 24 Year Not 20, Esther Chukwuemeka,celebrated Law Graduate Apologized by Temitopemo6e6(m): 11:50pm On Aug 01, 2021 |
Awon blogger blogger |
Celebrities / Re: Historical Photos Of The Life And Times Of Prince Philip As The World Continues by Temitopemo6e6(m): 12:21am On Apr 10, 2021 |
world is still mourning a man who not only wholly symbolised imperialism but actively promoted degradation of other races via supposedly harmless jokes? How many people's fathers or grandfathers live to 99? Europeans say racism and white supremacy only persists even without the direct brutality of colonisation because black people readily see themselves as less worthy, less human than those with paler skin. Hit them with any level of hardship they would willingly find excuses why they deserve it and should continue honouring the white man. Comments on this post reflect just that. Same Africans whose wild animals are valued more than they themselves, whose exploited raw materials are more welcome in Europe would soon pick aso ebi to commemorate someone who never gave 2 bleeps about their lives. Right before they are dehumanised queuing to beg for paper visa in the hot sun. |
Crime / Re: Cleric Arrested For Allegedly Kidnapping 15-year-old Girl For Ritual Purpose by Temitopemo6e6(m): 12:16am On Apr 10, 2021 |
Ogun state and Rituals are siblings. They Love quick money more than life and could use their own Blood for Money rituals. Awon Ole |
Foreign Affairs / Re: U.S. To Send Two Warships To Black Sea, Russia Voices Concerns( Pics) by Temitopemo6e6(m): 12:10am On Apr 10, 2021 |
Hmmmm Ukraine engaging war against Russia is going to be a big mistake, their young president is not experienced and without good advisers. if Ukraine is the battle ground, Russia will occupy 1/3 of Ukraine as a buffer zone and the remaining 2/3 devastated. Russia still occupy lands seized from Finland, Japan Germany till today after WW2. US WILL DO NOTHING. 4 Likes 2 Shares |
Literature / Re: Dirty Hustlers by Temitopemo6e6(m): 11:59pm On Apr 07, 2021 |
Update 2 Likes |
Family / Re: House Clearance Sales.. Come In Here!!!! by Temitopemo6e6(m): 12:37pm On Apr 05, 2021 |
benjanjo1:naija why |
Family / Re: BUY&SELL In Here House Clearance Sales.. Come In Here !!!!!!!!!!!! by Temitopemo6e6(m): 10:54am On Apr 05, 2021 |
[quote author=Temitopemo6e6 post=93095487][/quote] |
Family / Re: Direct UK Used Quality Sewing Machines by Temitopemo6e6(m): 1:22am On Apr 04, 2021 |
POOH96:what happened |
Politics / Re: NBC Intervenes In Ebonyi, Enugu Boundary Crisis by Temitopemo6e6(m): 5:39am On Mar 18, 2021 |
Ok enugu on the beat again... |
Romance / Re: A South African Female Prison Warder Caught Having Sex With A Prisoner by Temitopemo6e6(m): 5:13am On Mar 18, 2021 |
South African prison authorities accepted the wrong from their official. Now they are going to work and be better. But Nigeria authorities will deny and claim it was doctored and they system will keep getting worse because they don’t accept their mistakes. 2 NPF stole phones and the NPF authorities were busy threatening the citizens who caught their official stealing. 488 Likes 33 Shares |
Celebrities / Re: Erica's Fans Buy Her A Three-Bedroom House In Lagos & Keke Napep On 27 Birthday by Temitopemo6e6(m): 2:41am On Mar 14, 2021 |
Me don't understand...where do they contribute the money...how . we get issue oo 66 Likes 1 Share |
Politics / Re: Dapo Apara: Life Was Threatened For Exposing Tinubu Corruption by Temitopemo6e6(m): 6:06am On Mar 03, 2021 |
Who be this again 3 Likes 1 Share |
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