Kindly read this article has it provides insight to POS industry in Nigeria.

Point-of-Sale (POS) Business, Beyond the Conventional...
https://www./point-of-sale-pos-business-beyond-conventional-oluwaseun-adesanya-dwquf/

TruthsFM:
My Nairaland People, Between Opay Pos and Moniepoint Pos machine, Which is durable and easily to used without hindrance. Happy new year 2024.

Dear Friend & Fellow Nigerian,

I believe regardless of the current situation or leadership, there seems to be great opportunities but our mind is clouded with so much negativity that we can't see through.

Before you start casting the stones, I live here in Nigeria (with my family) and feeling the pain of the reality but yet, I started asking myself where lies the opportunities since every situation create one!

To also add, I believe this country is so blessed that we are suppose to be feeding nations but the greed of our leaders has turned the country into beggar with most minds thinking the only way out is second plan or relocation (that same money for relocation can change your life here for good)

The question now is where are those opportunities for us to consider especially from the railway?

1. The railway (that is being launch today) has created alot of opportunities for all factors of production across the route to leverage the system to access markets

2. It create opportunities for logistics companies to build their value system across the established route of the train

3. The business potential of the rail system is not in the movement of the people but rather in the movement of goods and services. So, what are YOU producing for the demanding markets?

4. There are over 267 communities that the current rail pass through from Lagos to Ibadan with most of them as virgin for agricultural value chain

5. We may not have enough (as the reality is less than 1% of their campaign promises for change) but from what is available (less than 1%), what have you made good of it for yourself?

6. Have you wondered why construction companies in Nigeria are in their best moment of their lives�? Ask anyone of them, they will tell you that this is only Govt (in the recent time) that have not denied them opportunities and fund

7. If anyone prophesied to you that Nigeria will disintegrated, it can never happen. There is so much bidding us together than to tear us apart - Take that from me for free! Where will Dangote and others put their investments across all parts of the country. Only a weak mind will believe such as start thinking of defeat

8. Despite all the challenges and continuous increase in price of commodities, have you heard of any markets that have closed down?� What is problem for some people, it is an open doors of prosperity for others. Which side are you?

9. In my future post, I will be sharing the hidden secret of accessing government contracts in Nigeria which many thoughts is difficult but all you need are 7Cs

Let me stop here and please, don't think these views are meant to support the current government but rather for you and I to starting thinking through the challenges to see areas of opportunities

Oluwaseun Adesanya
I believe that Nigeria will still be Great and I will eat of the good of the land

No More Delay

Exodus 14:15 KJV
And the Lord said unto Moses, Wherefore criest thou unto me? speak unto the children of Israel, that they go forward:

Are you experience delay in any form?
Are you discouraged that despite all the prayers, prophecies and precious seeds, you are still waiting for the turning of your water at the pool of Bethesda (John 5).
Are people describing you by your current situation?

Revelation about Delay
1. Every delay has a source (God, Devil and Yourself)

2. Delay is not permanent but periodic (because every product has an expiration date)

3. Only God can determinate every form of delay regardless of the source or period (Luke 1:37)

Through the mercy of God, He can put an end to every form of delay without seeking the approval of any man... It is called MERCY! (Rom.9:15)

Can we join our faith together today (2 Chro.7:14) and call unto God to terminate every form of delay in the lives every member of Nairaland today (Jer. 33:3)

And by the grace of God, before the dawning of the new day, all delays shall be over in Jesus name. Amen

#No More Delay

https://www.facebook.com/HomeAliveInternationalFellowship

Finally, the blog is back.

WorldChanger7:
Since 1:45pm today, the Linda Ikeji's blog has not be updated. The last post was on https://www.lindaikejisblog.com/2020/11/super-eagles-defender-william-troost-ekong-reacts-after-scoring-his-first-goal-for-watford.html and since then, nothing has happened......

I hope they have not blocked the site o...

Since 1:45pm today, the Linda Ikeji's blog has not be updated. The last post was on https://www.lindaikejisblog.com/2020/11/super-eagles-defender-william-troost-ekong-reacts-after-scoring-his-first-goal-for-watford.html and since then, nothing has happened......

I hope they have not blocked the site o...

Do you notice is as if there is something wrong with his walking?

Check the way he was walking

lekanolas:
Chairman of the National Union of Road Transport Workers (NURTW) in Lagos State, Musiliu Akinsanya popularly known as MC Oluomo on Wednesday visited the burnt Makinde Police station in Oshodi.

The station was among the 16 burnt police stations in the state in the wake of the violent protests that erupted last week in the state.

MC Oluomo was accused of sponsoring attacks on #EndSARS protesters in Alausa. He was accused alongside the Speaker of the Lagos State House of Assembly, Mudashiru Obasa.

He, however, denied sponsoring the attack against protesters.

He also denied collecting any money from anyone to sponsor thugs to the protests.

A day after the attack on the protesters, MC Oluwo sent water and drinks to the protesters in order to redeemed his image. The drinks were branded in his name.

The protesters, however, rejected them, throwing the bottles at the white van that conveyed them.

See video of the visit of MC Oluomo to the burnt Makinde Police station:

https://www.youtube.com/watch?v=ytNjc7QUJwQ&feature=youtu.be

The underpaid poor who are now jobless because of the wicked behaviour of terrible people

Nukilia:

The underpaid poor

The impact of the last 48hours and the two weeks protest is dawning on everyone as many are counting their loses which has created more unemployment......

The list of many institutions affected through looting, vandalization and burning across both the public and private institutions are beyond imagination. Just imagine what will be next phase for the employee of all these organisations

1. Lekki Shoprite
2. Surulere Shoprite
3. Various shops at Admiralty road, Lekki
4. Various shops at Surulere
5. Various shops at Ikeja
6. Oriental Hotel
7. TVC (even if it belong to the Elephant but people are feeding their families from there)
8. BRT Buses (over 150 Buses means over 300 jobs)
9. Recreational Center, Oregun
10. All LASMA and VIO offices across the state
11. Lekki Toll Gate
12. Branches of many banks
13. Warehouses and shops
14. .....unaccounted loses

While most owners can reclaim their loses from insurance, what is the fate of the employees of those institutions?

Guess people have lost touch with culture and tradition.......Iga Idunganran has become a laughing stock

https://en.wikipedia.org/wiki/Iga_Idunganran

JokeAdeleke:
Do you know the spiritual meaning when a palace gets vandalised?

Go and ask your elders you have some learnings to learn

Update from Ejigbo

WorldChanger7:
The situation is getting out of hands with LASMA, VIO and Local Government Office looted, damaged and burning.

We heard the next target is the Oba's Palace, Police State and the UBA while guys are moving from street to street.

Please be help

The vandalization of the palace of Oba of Lagos and the display of the staff of office in the market place has been termed as ridicule and disgrace to the entire Yoruba race by some indigene of the state stating that a sacred place and custodian of the Yoruba heritage has been turned into a laughing stock.

While the call for a complete change of attitude and approach of leaders is necessary, some said that the extend that an heritage of a Yoruba race will now be turned into a laughing stock is a shame to the entire Yoruba race.

Can this be correct?

Copied

https://www.lindaikejisblog.com/2020/10/children-enjoying-a-swim-in-oba-of-lagos-pool-after-hoodlums-vandalised-his-palace-video.html

The situation is getting out of hands with LASMA, VIO and Local Government Office looted, damaged and burning.

We heard the next target is the Oba's Palace, Police State and the UBA while guys are moving from street to street.

Please be help

How I wish all these people can combine efforts and make the entire East great to the extend that it will be the pride of Nigeria and Africa at large....

But I guess, pride, creed and selfish are part of the hindrance that can make all these people work together for common goal.

I rest my case.

kevid:
When it comes to money, power and respect, the Igbos are envied all over the world. And this is not a false claim, it is not debated either. Here are the top influential Igbo people you should know.

1) Prince Arthur Eze

He is a Nigerian oil mogul, philanthropist, politician and the CEO of Atlas Oranto Petroleum (the largest privately held Nigerian exploration and production group). Nigeria’s economy is largely oil-dependent and thus, its richest people have major holdings in the energy and oil services industry, bestowing them with a lot of economic and societal influence.

2) Tony Elumelu

He is known as one of the most influential persons in Nigeria. Tony Elumelu is an economist and philanthropist who is included in the top 10 richest men in Nigeria. He owns the Tony Elumelu Foundation; formerly the chairman of United Bank for Africa (UBA) and now heads Transcorp and Heirs Holdings.

3) Dr. Emerie Agunwah

Dr. Emerie is the President of Marina Group. He is a business manager, investor and philanthropist. He has pioneered business invention schemes in Nigeria, the Middle-East and Europe cutting across all business sectors including government business dealings. He also has multiple awards of recognition for his contribution to the business community in Africa.

4) Chimamanda Ngozi Adichie

She is a Nigerian writer whose works range from novels to short stories to non-fiction. She was described in “The Times Literary Supplement” as ‘the most prominent of a procession of critically acclaimed young Anglophone authors who is succeeding in attracting a new generation of readers to African Literature’.

5) Chibuzor Nelson Azubuike (Phyno)

Phyno is a Nigerian rapper, singer, songwriter and record producer. He started his music career as a producer in 2003. He is renowned for rapping in Igbo language and has numerous endorsements as well as other investments. He is a brand ambassador for Airtel Telecommunications.

6) Mercy Chinwo Nnenda

Mercy Chinwo is a Nigerian gospel singer, a talented composer and songwriter. She was the winner of the Nigerian Idol Season 2 in 2012 and named the winner in three categories – Africa Gospel New Artiste of the Year, Africa Gospel Female Artiste of the Year and Africa Gospel Song of the Year (Excess Love).

7) Pete Edochie

He is regarded as one of Africa’s greatest actors and was honored as a Member of the Order of the Niger in 2003 by Olusegun Obasanjo. He has received recognition both locally and internationally and has motivated other professionals in the movie industry. He has remained committed to his dreams.

8. Ebuka Obi-Uchendu

He is currently one of the richest and most influential On-Air personalities and television presenter in Nigeria. He is also a lawyer by profession. Ebuka is known for hosting the reality show Big Brother Naija.

9) Linda Ikeji

Linda is a Nigerian blogger, writer, entrepreneur and former model. She currently has her TV and she is the highest paid blogger in Nigeria.

10) Ngozi Okonjo-Iweala

She is a Nigerian born Economist and international development expert. She was the first woman to become the Finance Minister and Foreign Minister of Nigeria.

11) Obiageli Ezekwesili

She is a Nigerian chartered accountant, education minister as well as a co-founder of Transparency International. She is a force to reckon with. She was one of Times magazine’s 100 most influential women of 2015.

13) Genevieve Nnaji

She is an actress who has been able to transfer commercial acclaim into a prominent film career, becoming a leading face of Nollywood. For many households across the world, she is iconically known as “Genevieve”. Her influence span outside the film industry, with lucrative endorsement deals, clothing lines, recording albums and charities. She is also a member of the Oscars Academy.

14) Bright Okpocha (BasketMouth)

He is an award-winning comedian and actor. He won the National Comedy Award and the awards for the best Stand-up comedian of the Year.

15) Stephanie Obi

She is a leading African Woman in technology, pioneering the knowledge technology industry in Africa. She is an entrepreneur who helps African women earn a living from monetizing their knowledge online. She was recognized as one of the 100 most inspiring women in Nigeria.

16) Professor Joy Chinwe Eyisi

She is an Igbo Nigerian Professor, author, scholar, educationalist and philanthropist. She was the Centre Director of NOUN’s study Centre in the National Assembly in Abuja. She’s best known for her Common Errors in the Use of English.

17) Peter Obi

He is a Nigerian Politician and businessman who was the vice-presidential candidate in the 2019 general elections and is also known for his successful stint as a former governor of Anambra State. He is widely known for his nation-building and transformation theories and is widely admired by myriad Nigerians often being cited as the best person to lead Nigeria forward.

18) Adaora Onyechere

She is a Broadcast journalist extraordinaire, a prominent Social Innovation and policy development consultant. She is the founder of NEWE NETWORK AFRICA and also the Executive Director of Yellow Jerrycan Save A Child Foundation.

19) Nduka Obiagbena

He is the Nigeria Media Mogul. He is a Duke of Owa kingdom, the founding chairman and Editor-in-chief of the THIS DAY media Group, ARISE NEWS and ARISE Magazine.

20) Arunma Oteh

She was the treasurer and vice president of the World Bank. She occupied the position of the Director-General in the Securities and Exchange Commission in Nigeria. She oversaw the regulation of the capital market and the Nigerian Stock Exchange.

21) Jim Ovia

He is a successful businessman who founded Zenith Bank that is considered one of the best banks not only in Nigeria but the whole of Africa. He takes his desired place in the Top 10 richest men in Nigeria. He also makes investments in the telecommunication as well as real estate.

22) Pearlena Igbokwe

She is the president of Universal Television. She is the first woman of African Origin to be president of a large television studio in the USA.

23) Vincent Amaechi Obinado

He founded the Young Shall Grow Motors Limited in the early ’70s. He is a hardworking businessman and one of the trailblazers in the Nigerian transportation business.

24) Ifeanyi Ubah

He is a businessman and politician. He owns Capital oil and gas Industries and Ifeanyi Ubah Football Club. He also exports motor tires and spare parts in West Africa. He founded The Authority newspaper and Nigerian daily newspaper.

25) Pascal Dozie

He has UK economic education and also the co-founder, partner, and non-executive partner of Africa Capital Alliance. He is also the founder of Diamond Bank PLC.

26) Leo Stan Ekeh

He established Zinox Technology Limited which manufactures computers and other computer-based devices in Nigeria and sells in other countries. He leads the Nigerian IT scene.

27) Kanu Nwankwo

He is a well-known footballer. He made a brilliant football career in the best European clubs of the top division. The Nigerian forward has won many awards including African footballer of the year on multiple occasions. He was part of the team that won the gold medal in the Atlanta 1996 Olympic football tournament in the USA, becoming a fan favourite all around the nation. He is popularly known as “papilo”.

28) Cosmas Maduka

He is a Nigerian businessman and philanthropist, the Founder, President and Chairman of the Coscharis Group. He is famous for Coscharis Motors, a leading automobile sales and servicing company.

29) Cletus M. Ibeto

He is the founder of Ibeto Group which manufactures oil lubricants and other oil products; he also has a branch ‘Ibeto Hospitality’ which rules many hotels in Nigeria. He started his business activity with the importation of spare parts for cars and motorcycles.

30) ABC Orjiako

He is a heavyweight of the Nigerian oil and business sphere. He was a highly skilled orthopedist and traumatologist before he became a businessman. He established SEPLAT and makes investment in shipping, pharmaceutics industry, real estate and construction.

31) Emeka Offor

He is one of the wealthiest Igbo men in Nigeria. He is a Nigerian oil magnate and entrepreneur. He is also renowned for his magnanimity, helping indigent Nigerians through his foundation, the Sir Emeka Offor Foundation (SEOF) to become independent and self-sufficient.

32) Tony Ezenna

He has a significant weight in the pharmaceutics industry. He is a philanthropist and good businessman. He was the founder of Orange Drugs Nigeria Limited.

33) John Mikel Obi

He is a Nigerian football player who plays as a defensive midfielder for the first-class football clubs all over the world. He was CAF Most Promising Talent of the year in 2005 and Chelsea Young Player of the Year in 2007, 2008.

34) Nkem Owoh (Osuofia)

He is a Nigerian actor, producer and comedian. He won the African Movie Academy Award for Best Actor in a leading role in 2008.

35) Charles Chukwuma Soludo

He is a Nigerian economics professor and former governor and chairman of the board of director of the Central Bank of Nigeria. He was also profiled as one of the 100 most influential Africans.

36) Ken Olisa

He is the first black Lord Lieutenant of Greater London. He is a British businessman and philanthropist. He founded and led the AIM-listed technology merchant bank interregnum and he now leads Restoration Partners.

37) Patrick Okedinachi Utomi

He is a fellow of the Institute of Management Consultants of Nigeria and founding Senior Faculty of the Lagos Business Schools Pan African University, he was the Director of The Centre For Applied Economics at the Lagos Business School.

38) Godwin Emefiele

He is a Nigerian economist who has been serving as the Governor of the Central Bank of Nigeria (CBN) since June 4, 2014. Prior to this, he served in different capacities at the Zenith Bank PLC. He is an icon in the Nigerian banking and finance sector.

39) Alex Mascot Ikwechegh

He is a business mogul and philanthropist. He is the youngest elected Local Government Chairman in Nigeria, the Chairman of Gross Group and major contributor to Alex Mascot Ikwechegh Foundation which has provided educational support and relief materials to victims of social, artificial and natural disasters in Nigeria.

40) Emeka Okonkwo (E-money)

He is a famous Nigerian billionaire, entrepreneur, investor, business tycoon and the CEO of Five Star Music.

41) Williams Uchemba

He is a well-known social media user with over 2.5 million followers on Instagram, a philanthropist, Nollywood actor, movie producer, model, comedian, entrepreneur, motivational speaker and television personality. He is currently the United Nation Ambassador and African youth Representative to the United Nation.

42) Augustine Azuka (Jay-Jay Okocha)

He is a Nigerian former professional footballer who played as an attacking midfielder. He is considered the best Nigerian and one of the best African players of all time due to his confidence with the ball, technique, creativity and dribbling skills. He has a stadium named after him, the Jay-Jay Okocha Stadium in Ogwashi-Ukwu.

43) Chiwetel Ejiofor

He is a British actor and filmmaker. He has received numerous awards and nominations for his world-class acting starring in notable movies like The Lion King; The Boy Who Harnessed the Wind; Doctor Strange etc . He is renowned for his portrayal of Solomon Northup in 12 Years a Slave (2013) for which he received Academy Award and Golden Globe nominations.

44) Nelly Agbogu

She is the founder of Nellies Healthy Snacks and Meals. She is the convener of the annual Naija Brand Chick Trade Fair, she is the Naijabrandchick Instagram influencer and the facilitator for Naija brand chick Instagram Boot camp.

45) Tobechi Nneji

She is commonly known in entertainment circles as TobeDaDiva. She is a Nigerian On-Air personality, broadcaster and events compere. ThisDay described her show as the “most listened to show in all of Eastern Nigeria at mid-day” in 2013.

46) Onyema Ugochukwu CON

He is an economist, a journalist par excellence and indeed a gifted one. He served as the Senior Special Adviser on Communication to President Olusegun Obasanjo and also the first Executive Chairman of the Niger Delta Development Commission (NDDC). He vied for the position of the Governor of Abia State in 2008 losing to Theodore Orji.

47) Priscilla Ekwere Eleje

She was the first Director of Currency Operations at the Central Bank of Nigeria (CBN). She is the first woman to have her signature appended on a Nigerian Currency, the 1000 naira note.

48) Innocent Chukwuma

Popularly known as “Innoson”, after his automobile brand, Innoson Vehicle Motors, the “Ifediaso of Nnewi” is a business mogul with holdings in automobile production and distribution, plastics, and general merchandise. He’s is the first automobile manufacturing company in Nigeria starting operations in the early 2010s.

49) Micheal Collins Ajareh (Don Jazzy)

He is a Nigerian record producer, singer, songwriter, entrepreneur and philanthropist. He is the co-founder of Mo’Hits Records and the owner of Marvin Records.

50) Chile Eboe-Osuji

He is the judge and 4th president of the International Criminal Court (ICC) The Hague. He was the Legal Advisor to the United Nations High Commissioner for Human Rights.

51) Nnamdi Kanu

He is a British Nigerian Biafra political activist and also the phenomenon leader of the Indigenous People of Biafra. Nnamdi kanu is the director of a UK registered radio station named Radio Biafra.

Source: https://www.anambraupdate.com/2020/07/arthur-eze-elumelu-peter-obi-adichie.html

Before you cast the stone, consider the following:

1. PDP was the only strong opposition despite the defeat at the general election

2. Even in the face of the defeat, many still believe in the party and stayed despite the insult and allegations (Kudo to those who refuse to keep quite)

3. With the way APC has been handling the affairs of the country, many seems to sympathize with PDP (at least, we missed Mama Peace)

4. Just because Godwin Obaseki did not secure the support of APC, he believes that PDP can be bought (despite Gov. Wike's stand)

5. Securing the PDP ticket was a piece of cake and every other candidates that have stayed all these years were taken for a fool

6. The simple meaning is that PDP never had an intention of winning the Governorship, so they easily bought the idea and suspended all protocols including the labour of their supporters who believed even when they were termed opposition

7. I want to believe there were several trade off but this simply show that PDP has lost its principles and can only survive by getting the bad eggs of APC

The dice is cast and it is only in a matter of days ahead..........

You can now cast your stone

Reports reaching TheNewsGuru.com (TNG) can authoritatively confirm that immediate past governor of Oyo State and acting chairman of the All Progressives Congress (APC), Senator Abiola Ajimobi is dead.

Findings by TNG revealed that the 70-year-old, who had been on a life support machine since last Friday at First Cardiology Hospital in Ikoyi, Lagos, after slipping into a coma following Coronavirus complications, died on Thursday (today).

https://www.thenewsguru.com/news/nigeria-news/article/breaking-ex-oyo-gov-ajimobi-is-dead/

The coming governorship election in Edo State can only have three possible outcomes for the current Governor, Godwin Obaseki

1. Godwin Obaseki secure the PDP Governorship ticket and win the election to remain in PDP (which ofcourse mean, all other existing members of PDP does not have what it takes to win election, so they need people to decamp from APC).........this will ridicule the entire PDP but they will claim the state and another political structure will emerge

2. Godwin Obaseki secure the PDP Governorship ticket and win the election but decamp back to APC thereafter.........this is to ridicule the Godfather that he is now a stronghold in Edo state and ofcourse, rubbish PDP (but no bii today, plenty people used another party to secure election and only decamp for other gains)

3. Godwin Obaseki lose the PDP Governorship ticket and try all possible best to get another party ticket........this is a desperate situation and worst case scenario but it gives both APC and PDP a pride that the party is greater than any individual and cannot be manipulated

Regardless of the outcome, he should be ready to fight his Godfather till the end of his life as there will never be peace as a result of the bad blood between them.

Which of the outcomes do you think will be possible?

Godwin Obaseki (Edo State) vs. Akinwunmi Ambode (Lagos State)

Who has the best political strategy against godfather? And what are your reasons?

Just a trend to teach future politician students, our local strategy!!!

The reason for this post is not to create panic but a way of praying for our own (Anthony Oluwafemi Olaseni Joshua) to continue to succeed in his dream.

I had a dream and it that dream, i noticed that where few days to Joshua boxing match, he had an incident that could prevent him from attending the boxing match which could cost him his belts.

Try reaching out to him but can only pray that God's mercy will prevail.

It may look like just a dream but from experience, it worth praying for.....please let's keep him in our prayers

Post COVID-19 Advice to Churches & their Leaders
(A must read for every church leader and Christian)

It is definitely longer news that the recent pandemic has affected the church and the impact is such that it will take a longer time for the church to recover.

Of course, the fear of unknown even with the increasing numbers of cases and deaths will create a lot of doubt in the mind of members and many will prefer doing online services at the comfort of their homes.

Thus, the numbers of membership, worshipers and even cashflow will be affected and yet the church still have to sustain the maintenance of her huge and magnificent buildings that are mostly and currently on loans!

What then should the leadership of the church do?

1. Accept the reality without deceiving ourselves (even the great Prophet Elijah accepted the fact that the Brook Cherith dried up)

2. This is the best time to show that the church cares beyond the concerns of offerings and titles (Even our Lord Jesus demonstrate the importance of feeding (food) the same congregation after preaching the word)

3. Adopt and make the best use of electronic channels to make impacts upon people (if the world can use Internet to their advantage, have you thought of what the WORD's impact will be through the same channel)

4. With lost of jobs on the increase, people want to hear teachings that will inspires and empower them in order for them not to end up begging to eat (this is the best time to teach and faciliate opportunities for members)

5. Leadership of churches should stop all the fighting, envy and hatred but rather United for the gospel...(we are actually the enemy of ourselves not even the devil)

6. This is the best time for discipleship not building of the churches (who the church building help?.... abeg build people)

7. Every man's goal should be the pursuit of making Heaven through Holiness and Dedication to God (Covid-19 taught us a great lessons that even money and power can fail)


These are just deep thoughts coming to mind and they are my views.....you can share yours too!

Oluwaseun Adesanya is my name and am a believer and Child of God
+2347013990127 (WhatsApp Only)

There is no case sir! When you apply, their feedback says, you will need an electronic business plan, do you want CBN to develop that one for people too?
All NIRSAL did was to get a company that can do it at discount which is what you people are claming as the processing fee

chiemmanuel:
NIRSAL has a case to answer

You are correct!

Kindly go through this article too https://www.nairaland.com/5791598/covid-19-pandemic-top-business-gainers it gives another dimension to the emerging opportunities after Covid-19 is over...

Omooba77:
These are the set of people that will feel the brunt of lockdown:

1. NURTW - Like most Nigerians, NURTW drivers and conductors, live by the day, with the additional 14 days, it means no work, no delivery.

2. Agberos - Closely related to the above are agberos that collect money at every bus stop and junctions

3. Betting Agencies - These group loss of revenue is due to sporting lockdown world wide. Also because of no work, most people can't patronise them

4. Canteen Food Sellers - Most offices are closed, no customers; Ghana High is a good example

5. Eatries - Just like number 4 above, patronage is low.

6. Mechanics - Many people only warm their cars/vehicles without driving out

7. People selling in the traffic - Gala and drink sellers are feeling it.

8. Police /LASTMA/ Traffic Warden - No bus to catch

9. Cinema Houses - People can not gather to watch films

10. Add your own.

Covid-19 Pandemic: Top Business Gainers and Losers

In early 2015, one of the most adorable personalities in the world, Bill Gates held a session on TED about “The Next Outbreak? We’re not ready”. This was immediately after the world survived the outbreak of Ebola. He explained how we reacted to the epidemic with detailed statistics but also stated that despite our efforts the world was far from being ready for another epidemic or a pandemic!
Fast forward to the year 2020: COVID-19 has become a flame without a fire that has engulfed the entire world and brought us all to a standstill, with “compulsory holidays” being declared in most countries and no logical end in sight to the pandemic! If Bill Gates was a religious leader, the entire world would have become his congregation by now and of course, with plenty prophet offerings!
According to Wikipedia, coronavirus disease 2019 (COVID-19) is an infectious disease caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The disease was first identified in December 2019 in Wuhan, the capital of China's Hubei province, and has since spread globally with common symptoms including fever, cough and shortness of breath. Other symptoms may include fatigue, muscle pain, diarrhea, sore throat, loss of smell and abdominal pain. The time from exposure to the manifestation of symptoms is typically around five days, but may range from two to fourteen days. As of 10 April 2020, more than 1.6 million cases had been reported in more than 200 countries and territories, resulting in more than 100,000 deaths!
The virus is mainly spread between people during close contact, often via small droplets produced during coughing, sneezing, or talking. While these droplets are produced when breathing out, they usually fall to the ground or surfaces rather than being infectious over large distances. People may also become infected by touching a contaminated surface and then their face. The virus can survive on surfaces for up to 72 hours. Coronavirus is most contagious during the first three days after onset of symptoms, although spread may be possible before symptoms appear and in later stages of the disease.

The Effect of COVID-19 Pandemic on Business Environment
The emergence of the mighty COVID-19 has definitely altered lifestyle on a global scale. The business environment has now become more challenged especially as no one knows how long the pandemic would last. But even in the current challenging reality, further opportunities have been created for some industries that now are enjoying tremendous cashflow despite the suffering of the world.
Imagine what the current situation would have been without access to information communication technology. Imagine what it would have been without online platforms for e-commerce, trainings and financial services.
Definitely, the financial industry has helped tremendously to stabilise the economy from collapsing through their various payment channels such as Internet Banking, Point of Sales (PoS) Terminals, Automatic Teller Machine (ATM), Mobile Banking Application and USSD. This management of the demand and supply flow is steadying various economies of the world and preventing another global economic recession.
In complementing the efforts of the financial industry, fintech companies are deploying innovative solutions for greater convenience in the performance of electronic payment transactions. Of late, one of such innovation is Paylink, a payment solution for anyone to receive money INSTANTLY into their bank account from anyone, anywhere, anytime! This particular payment solution has become the delight of SMEs, crowd funder, social entrepreneurs, religious organisations, individuals and others at this time of restricted movements and social distancing.


The Biggest Business Losers
For industries that the pandemic negatively affected, the list is almost unending. But to kick-start discussions, here are the possible top losers:
1. Aviation
This industry is one of the most capital intensive in the world and its operational cost is not a joke! The nature of the business involves continuous maintenance, high taxation, increasing operational and administrative costs which are the reason most airline operators utilise debt financing or are currently in huge debt with only bailout or liquidation as options. The outbreak of COVID-19 has complicated the struggling cashflow (revenue) of the airlines with several operators finding it difficult to survive!

2. Small & Medium Enterprises
SMEs have been the backbone of many economies as their activities have created employment opportunities and facilitated daily livelihood of many. However, with the lockdown, most SMEs have struggled to adjust as closure of business premises and markets has reduced patronage and sales. Although once business operations resume, it might be a slow start for them, but their recovery will definitely be short term.

3. Religious Organisations
Their major sources of income are donations and contributions of members and followers in terms of voluntary and mandatory giving through their various beliefs and principles. Many of such leaders have become richer than organisations in the real business world!
Definitely, they were shocked that such an outbreak could turn their worship centres into ghost sites with many of them now embracing and adopting technology to reach to their members. As their members are also affected financially, the impact would reach the religious organisation. However, their recovery could be medium term as they would need time to convince their members to continue in belief and obedience of the doctrinal principles of giving!

4. Entertainment
They were one of major cash cows before the COVID-19 with several shows, albums and events for brand visibility and definitely more money. The industry has produced more celebrities and overnight millionaires with little or no knowledge of wealth or fame management!
The belief is that all you need is just to have a talent and the world would be at your feet. But the reality is that the industry is a Red Ocean with several people struggling for the same audience. At the moment, it is even difficult because the lockdown and social distancing measures have put shows and events on hold.
Regardless, the industry would still continue to survive through innovation that can create a new path to Blue Ocean within the medium term but definitely not in the short term!

5. Transportation & their Unions
It was necessary to specifically separate this from Aviation Industry and combine it with unions especially if you are from this part of the world where National Union of Road Transport Workers (NURTW) is a major stakeholder in the affairs of the state. Outsiders think its members are illiterates but majority of its leaders have their family abroad and their children schooling overseas. Yet, we think they are not that smart but they milk money through extortion and harassment of motorists.
However, since governments across several states have ordered a lockdown to limit the spread of the pandemic, it has been very challenging for the transport operators and their unruly unions to eke a living. But once this period phases out, their business would resume as usual and their recovery will definitely be a short term!


Top Business Gainers and Next Emerging Opportunities!
While some will definitely find it hard to recover immediately after normalcy returns, a few will reach huge opportunities as the “Next Cashcow Industries” They include:
1. Food & Beverages
The demand in consumption will be increasing as people would put survival as a priority – and access to market will increase demand for food items.

2. Communication
There will be a change in culture and attitude in some areas such as work pattern, education, commerce and access to information, with more preference for online channels which in return would increase demand for data.

3. Lending
With many current loans going bad due to collapsed businesses and loss of jobs, the lending business would be receiving huge patronage by people looking to start all over again.

4. Logistics and Distribution
Commerce and demand for commodities across locations as a result of the impact of current situation and fear of the unknown would create an increasing need for logistics and distribution of commodities.

5. Lottery
People will be desperate for quicker ways of making money and lottery would give hope even when such people might end worse off.

So, while we can’t change the reality of the challenges that would arise from the COVID-19 pandemic, we can at least apply wisdom to prepare towards joining the “Cashcows” when the season changes for good!
The next season is just around the corner! Are you Ready?

Oluwaseun Adesanya
+234-701-399-0127
Lagos, Nigeria
(An international consultant with great wealth of experience across several countries with special interest in fintech, financial inclusion, insurance, innovation, financial services, strategy, social impact, business transformation and technology. He is currently, the Group Head, Strategy & Innovation of SystemSpecs, leading financial technology and human capital management firm.
https://www.linkedin.com/in/oluwaseun-adesanya-928a4725/

A Valentine Vacuum in Bayelsa State

Just as drums were being rolled out and rehearsal were being had of what should be a reality on a fateful Valentine’s Day, suddenly thunder struck and threw everyone into a state of commotion!

Can this be real? Or is it similar to what happened in Imo State? How can the candidate with the majority vote become the loser? Why wait till the eve of inauguration? Definitely, the gods must be blamed! But who are these gods?

David Lyon, as the governor-elect of Bayelsa State, was sacked by Nigeria’s apex court on the eve of his inauguration and assumption of office on the grounds that his deputy, Biobarakuma Degi-Eremienyo, presented a false certificate to the electoral body, INEC, in the build-up to the election.

Thus, the coast is clear for Douye Diri of the People’s Democratic Party (PDP) who had the second-highest number of votes and secured 25 per cent of votes in five of Bayelsa’s eight local governments to be declared the winner of the November 16 election. Guess you would say, wonders shall never cease in Nigeria!

The last 12hours of Nigeria’s political scene has been tough and interesting – and would be remembered and serve as a reference point for decades. The expectation of several people was dashed by the Supreme Court judgment in favour of the opposition.

However, what is most confusing is that the APC believed that the candidate of the PDP did not secure 25 per cent of votes as required by law. Thus, they are calling for a vacuum in the leadership of the state.

Will there be a Valentine Vacuum in Bayelsa State or this is the opportunity to the Speaker of the State House Assembly to step in as “Acting Governor”? But even the State House Assembly has been experiencing Vacuum of Speaker since late last year!

This matter tire for my Matthias!

Oluwaseun Adesanya
Social Impact Analyst
https://www.linkedin.com/in/oluwaseun-adesanya-928a4725/

Dear House,

I have over the last few month monitor all discussions on this platform with hope that the good news will start to be celebrated (even though we are still waiting).

However, I will have thought of many scenarios of how this might end and here are my thoughts:

1. The entire process cancelled by the management without any apology because it is their cost not ours (moreso since they have paid for our tfare)

2. Everything goes into silent mute with no indication but recruitment concluded even the selected resuming work without anybody knowing

3. Public declaration by the Institution of the entire process with the names of selected published for verification

Regardless of how it ends, i believe we have an option too! The option is no keep waiting or take ones life into your hands and make the very best of it. Meaning if it comes, it comes and if not, am better with my life!

There are many opportunities in this country and i believe we can use the same strength to identify such and take advantage of it.

All the best fellas!

Honestly, while the current reality shows that but the truth is every state in Nigeria has what it takes to survive without federal allocations!

The informal sectors are the engine room of every state and they are very active with huge cashflow being circulated in the hands of politicians!

The question you need to ask is since the cry of the current bad economy situation in Nigeria, have you heard of any market that got closed? (Think about it and who is collecting those government revenue from those markets)

ijustdey:


Lagos, Rivers, Akwa Ibom can survive without federal allocation





https://www.thecable.ng/budgit-lagos-rivers-akwa-ibom-can-survive-without-federal-allocation

https://www.nairaland.com/5396792/xenophobia-south-africa-untold-truth#81890916

quote author=frosbel2 post=81889558]
https://www.youtube.com/watch?v=SMBNPhCAS7E



https://www.youtube.com/watch?v=-yCCnwiLoIY[/quote]

It is very surprising that the recent situation that calls for national attention is not taken that serious by the governments of both countries!

Here are untold truth that you need to consider:

1. Xenophobia is not new and in the past, nothing was done by any government to stop it. They just swept them under the carpet even upon thousands of lives that were wasted

2. Nigeria Government calling the High Commissioner to come and make a statement that nothing of such is happening in South Africa upon all the various videos and comments is definitely waste of time.

3. Destroying companies from South Africa in Nigeria is completely digging in the hole because none of South Africa businesses in Nigeria has any asset volunarable to the people of South Africa. All they have in Nigeria is a simple "franchise".....it is Nigerian that owns all those businesses and it is Nigerians working there

4. Fundamentally, have you heard or seen any country in world that can boost of having South African community? None exist....they don't have the liver or courage to stay outside their country.

5. Angry Nigerians in Nigeria should not waste their efforts in destroying those businesses you claimed are from South Africa. Doing so, only create more unemployment for your people

6. While we expect a quick action from the Nigerian Government to either secure safety of Nigerians in South Africa or best, facilitating their return (even though I doubt if some will even want to return).

7. Let Nigerians that have South African as Bosses in Nigeria plead with them to come out and condemn the evil act of Xenophobia by telling their people in South Africa that their lives can be at treat if all this stupid behaviour does not stop quickly

8. This xenophobia is indeed a reflection of South Africa government's failure of empowering their citizens and creating opportunity for them all....best, taxed the foreigners and give welfare salaries for your citizen (even if they refuse to work.....)

9. This situation has showed that even while we internally disagree with all our differences and enthic crisis, we are still United as a Nation!

10. Nigeria is United to against anything that create treats to our national interest.......Nigeria, we hail thee!

Let’s get facts right!
The title of this article must have piqued your interest and probably left you wondering if there really is any that can be termed “The Best Insurance Company in Nigeria”.

Definitely, the curiosity is stronger considering the following statistics:
• 198million people (estimated population)
• 90.5milllion employable population
• 23% Unemployment rate (i.e. 21million)
• 69.5million Employed population (formal and informal sectors)

And on the insurance side, the statistics of the stakeholders and their pursuit increase the curiosity level:
• 14 Life Insurance Companies
• 28 General Insurance Companies
• 13 Composite Insurance Companies
• 2 Takaful Insurance Companies
• 2 Reinsurance Companies
• 0.5% Penetration Rate (with the promise by NAICOM that 40% is achievable by 2020)
You must be speechless looking at the projected penetration rate seeing that 2020 is just around the corner!

The arithmetic of the market potential
So, how can a country blessed with huge numbers still suffer such a low penetration rate? An analysis of the performance of the industry shows that the total industry gross premium was around N327B in 2016 and probably will be within the range of N350B for 2018, which makes the sector one of the lowest contributors to Nigeria’s Gross Domestic Product (GDP).

The current reality has indeed undermined the growth projection envisaged by the industry players especially the regulator and this has posed a big challenge to the possibility of the sector becoming a significant economy player within the next few years.

However, the numbers (from the population) shows more potential that are probably undiscovered and untapped. For instance, let’s use life insurance as hypothesis by assuming an average monthly insurance premium at N2,000 with the total employable population of 69.5million discounted by 50%. There will be an estimated N834billion annual life premium only (which will definitely increase penetration rate to around 18%!)

The truth is that such estimated annual life premium can be made available for investment within the economy which will stimulate economic activities towards increase in socio-economic growth of Nigeria.

Why is it difficult to achieve such potential?
The difficulty lies in some vital areas that have bundled to become an hinderance to industry growth and the business of insurance in Nigeria. They include:

• Perception: The cultural background and past experiences with insurance business have created a biased perspective about the insurance business generally in Nigeria. As a common language from practitioners, it is said that “it is only in Nigeria that insurance is sold, not bought” meaning people don’t see reason why they need to buy insurance. So, all stakeholders must join hands together in restoring the “trust” that will end up changing the general public perception.

• Awareness: Imagine the rate of collapsed buildings, accidents, fire incidents, thefts and low life span in Nigeria, yet people are still ignorant about the role of insurance in mitigating these risks. Thus, the awareness needs to be holistic with the involvement of all stakeholders including the regulators and Government.

• On-boarding: Have you seen an insurance form before? You wonder if they are actually asking you to sign your death warrant! This was the same experience with the banking industry until recent where even with a phone number, you can open and operate a bank account. Making it easy, convenient and fast can encourage people to patronize insurance services for protection from possible risks.

• Distribution Channels: The effectiveness of efficient, flexible and multiple channel of distribution goes a long way in increasing access to insurance products. There are various silos of distribution channels that their synergy can create an aggregated platform for Nigeria to buy insurance policies. Heard how in 2018, #Alipay sold 1.1 billion insurance policies in one day leveraging its over 500 million users and it's payment solution.

• Agent Management: The agency arrangement has helped in tremendous ways especially with the informal sector. This needs to be enhanced through appropriate compensating model with adequate resources (which include technology) to increase penetration rate for possible increase in patronage and sales!

• Regulations & Compliance: What are the laws in place for industry players that default in their obligations to their clients (i.e. insured)? Has there been an example of any industry player punished over the years or recent? What happens when claims are outstanding for a long time? Guess, there is a lot the general public expect from regulators in order change their current perception about the industry!

• Innovation: The industry players need to be creative in their approach and services. There is need to move further from conventional to tailored-made products and services that can meet the current need of the general public! Everyone is selling the same products, in the same way and at the same cost!

Who wears the crown?
To answer the above question, the crown is available but only those who are ready to take the bull by the horn and dive into the blue ocean can definitely claim the crown.

With the glaring potential of the market, if I had the required capital and the right team, I will definitely not be announcing this vacant post but rather be singing the praise while wearing the crown because “one who wears the crown, bears the crown”!

Oluwaseun Adesanya
+234-803-849-8000
Lagos, Nigeria
(An international Consultant with wealth of experience across several countries with special focus on Financial Inclusion, Insurance, Innovation, Financial Services, Strategy, Social Impact, Business Transformation and Technology. He is currently, the Group Head of Strategy & Innovation for the leading Software company in Africa, SystemSpecs – Owner of HumanManager and Remita)

https://www./best-insurance-company-nigeria-oluwaseun-adesanya

Started A Professional Laundry & Dry Cleaning Business With Less Than N300K...
https://www.nairaland.com/4649274/started-professional-laundry-dry-cleaning

Numbers are the language of the Business

There are many reports you will read about Nigeria and this has led to many youths runing away from this country in the name of looking for greener pasture but regardless, there is a huge business opportunity that can make you a millionaire - "as far as you can see with strong belief and determination, you can bring not just water but gold out of the rock"!

I spoke at several conferences and workshops on different opportunities in Nigeria, but all were theories without any evidence until May 29, 2016. After speaking to a group of youth with loud accolades. As I was about leaving the stage, then something said to me, "So what business do you have?".

Opportunities are disguise with challenges and only the wise can see it!

It was like a blow and I said to myself that before the end of the year, I will have something (a business that I have stated) to share with my audience! Guess what? At that time I was at the mercy of my laundry guy and even my neighbors were also having a similar experience! That was when it hit me that this challenge can be turned into an opportunity. Yes, great opportunity!

Here is our report card for 2years!

- Turnover of over N5.6m
- Over 157 Customers and 5 Corporate Organisations
- 6 Staff with an average monthly income of N30k (excluding commissions & bonus)
- 3 Collections centers (that has empowered 2women with N30K monthly)
- Most Affordable with Free Pick Up and Delivery anyway in Lagos
- The business started with less than N300k
- Guess what? We don't even have a shop! Yes. We use available space around us (which has saved us the cost of rent)
- Check us out www.classicprolaundry.com

I will be glad to share more experience for those who are interested in starting something small and needs encouragement....The honest truth is that there are opportunities in this country!

amarilo:
I want to establish this kind of business for somebody but have no clue of what is required or where to buy them. I know the major thing is commercial washer and dryer then Generator( i wonder which KVA will power the two machines). Pls where can one buy them in Nigeria and the price range. Can 1milla do the necessary stuff?