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Tag Archives: Nigeria

Is proof of funds a fraud?

The proof of funds loans has allowed over 100,000 Nigerians to travel abroad for schools or immigration without having the funds demanded by the embassies. This is a fraud but even then, what are the implications for Nigerians?

Posted 18 November 2022 † dejiolowe § Career § Nigeria ‡ Comments (0) ° Also tagged: , , , , , ,

MMM Ponzi – There is always a Mugu in Lagos!

I was doing a random research of recent and stumbled on the current list of top websites in Nigeria (October 2016). The list is dominated by the usual names – Google, Yahoo, Facebook, Nairaland, Linda Ikeji and MMM Office. Wait, what’s MMM Office? It’s a Ponzi scheme and it has its own Wikipedia page. It […]

Posted 28 October 2016 † dejiolowe § Business § Nigeria § Piscalux ‡ Comments (0) ° Also tagged: ,

4K TV – The New Gimmick in Town

I have tripped over more 4K TV cables in the last few weeks than all the bus drivers bashing cars in Lagos. Suddenly 4K became the rave. You wonder what 4K is? 4K is to HDTV as HDTV is to SDTV. If you don’t know SDTV, you may want to read here. 4K is sometimes called […]

Posted 04 March 2015 † dejiolowe § Nigeria § Piscalux ‡ Comments Off on 4K TV – The New Gimmick in Town ° Also tagged: ,

Crashing the Cost of Banking: The Bitter Sweet Experience

The Central Bank (of Nigeria, if you really want to know) has been at the fore-front of financial inclusion, and oh, at the forefront of cashless economy. Obviously they decided to mash the two together. Kudos can be given to CBN for forcefully yanking our sorry backside from comfortable banking to make things really cashless. […]

Posted 03 February 2013 † dejiolowe § Business § Cards § Nigeria § Payment ‡ Comments (0) ° Also tagged: , ,

Driven by faith, Government hikes electricity tariff

Electricity prices will take a leap, not necessarily of faith, on June 1, 2012 as government is saying we need that to attract investors. Now that is faith which is an evidence of things not seen as I haven’t seen anything this government, and the ones before, have done even when they tell us to […]

Posted 14 May 2012 † dejiolowe § Nigeria ‡ Comments (0) ° Also tagged: ,