NewStats: 3,264,682 , 8,184,410 topics. Date: Thursday, 12 June 2025 at 02:44 AM 5it6t

Reussite:
Ighalo should really stop shooting directly at the keeper...third time he's done that since he started for United.

Ighalo is not a great player.. He is just average with God's favour his side, so what are you guys expecting from him? Ronaldo kind of result?

nathaliya:


You're welcome but I'll rather answer the questions here

Okay, thank you.

I also have interest and I know an identified product that would do well after extensive research that I spent months on but means of receiving payment has been what I was wary of, in a case whereby goods get to buyer and they still do not pay. How do you avoid such? I once read that from a respected Nairalander experienced this and lost money. How would you mitigate against such?

Do you have a specific place where you get buyers for your goods or you just google companies directly and pitch to them?

Are there any means of meeting this people first before doing the deal or it is just over the internet?

If it the latter, how did they trust you enough to want to do business with you for the first time? Do you have a website built to help boost your credibility?

Also with the cost of shipping containers and hold up at the Apapa port in Lagos, how do you battle this for shipping containers?

Thanks in advance and I hope I have not asked too much.

division2020:

I find it complicated to list on Epik, don't know why. after adding name it takes me to another page

it's simple. I will do a tutorial on it soon.

Despite Epik's contributions to this thread, we have recorded little to no sales report from there. It wouldnt be bad idea to try them out guys or are you having problem on how to list your domain name there?

nathaliya:


Stand By Letter of Credit. It's like a post dated cheque which the buyer's bank stands like a surety that instead of the cheque to bounce, they must pay you 100% immediately you present it to them.
It simply means once you deliver, your money is non negotiable or sacrosanct.

Discounting an SBLC is a loan offered by banks to businesses meet up with huge projects. For example, the profit margin in a business may be 10 to 20% which can be a lot depending on the size but your capital may be 50 - 70% meaning you need at least 10% to 30% extra. The bank steps in and says since we are sure you will get paid, we don't want you to lose this deal, take this money, finish your business and pay us back with 1% interest.
Eg: you want to sell a cup of rice at #100 and your profit there is #20 meaning it will cost you #80 to buy and ship the rice. Meanwhile what you have is #60. Normally to borrow #20 from the bank, you need collateral or a guarantor who has collateral valued at 130% of what you want to borrow.
When you have an SBLC it's like a pending cheque so instead of you to fail, the bank steps in and gives you #20 at a very low interest of 1 or 2%. There's no risk because once you deliver, the money must come to your with them and the loan will be deducted immediately. So you can meet up with your customer's order.

Nigerian banks still play god even in these situation by looking at your 1year acct history. If the money there is not up to the amount you want them to discount sorry 4 you. Meaning if you haven't blown before, they won't help you blow even when it costs them nothing and they'll happily watch you fail.

Thanks so much for the lectures. Wow, this is an eye opener. Yeah, I have an idea about Letter of Credit but didn't know the abbreviation was SBLC. From your explanation, this is clearly an export business and thankfully, you didn't lose the deal.

Do you mind if I send a PM please? I have some questions to ask but if you want me to ask them here, no problem.

sammchuck1:


Its just 14 letters sir. BuyAmericanUsedTrucks is 21. The results can't be similar.

it is not by length of the word. WeSell+ WeBuy+ is a trend that does well in commercial sectors. It has the commercial ring to it and that makes it appealing.

xtremecr8:

They are still using the same logo we designed(screenshot of their Twitter page and picture of their MD, Dr. Adeduntan presenting a package, carrying the 125th FBN logo we designed,to Senator Alasoadua are shown below).
We have not being paid yet she Mrs Folake Ani-Mumuney sent us to their legal unit.
Every email we send and even enquiry from Mrs Folake Ani-Mumuney by everyone we sought their help to intervene, she kept referring us to the legal unit(screenshot of her email reply)
Meanwhile, we can't pay our own bills.
Please help us tweet at them to beg them to pay us.
We are a small brand and it that we can't match their kind of resources in Nigeria's legal system. We hardly pay our own overheads let alone paying for protracted legal case in Nigerian courts.
We just want to get paid for deg their 125th Anniversary logo. Nothing more, nothing less. We are ready to meet with their unit not legal because we don't have business with their legal unit.

Are you the owner of Journalist.com?

nathaliya:
Nawa o, going by another comment here the Ani Mumuney is notorious for this behaviour. I sometime last year I had an SBLC and needed some discounting service of 20-30% to meet up. This same wonderful bank refused to help saying it was my first deal. They watched that business nearly go bankrupt because I'm not a big fish. With God on my side, I was able to discou t the same SBLC from another country. Nigerian banks in general are just financial traps.

Chai. Please what's the meaning of SBLC in this context?

SalamRushdie:
So this woman called Ani Mumuney hasnt stopped all this hanky panky behaviour , that's how she mad us waste resources in developing a third party business model for her department and after draining us intellectually and financially she took the finished model and handed it over to another firm and even gave the 500 thousand US dollars to implement the idea whereas my firm would have don the implementation for absolutely free whilst recovering our investments from sale of the solution to third parties but this woman and her cartel backstabbed us and handed my 100% original creation to another company where she obviously had interest ..But God being on my side they company failed to deliver and the project now moribound while I have made a ton of money deploying the solution with 3 other Banks who ed us and didn't back stab us ..

I also have an idea that Banks can play a huge role for but knowing how Nigeria's IP is weak plus porous legal systems, I can't bring myself to let them know about it.

It will practically change how businesses is transacted in Nigeria but this country is fuck3d

anonymousghost2:

Stop fooling urself ode..
Wetin e teach u?
Using ur real email as recovery mail? Is that not foolish? Who does that..
Invictus was full of himself cos he's a developer n a computer guru... If u learnt anything from Invictus, u must be a fool. Ode

They will come and pick soon. Worry not.

ibrutex:
I can't use my gtb master card to buy domain from international platform but I use it on our local site. I went to the bank to complain ,they said it supposed to work that since its a master card that it's automatically activated. any idea pls

If you have internet banking enabled on your , and apply for another card. Mark the one you currently have as lost or stolen while filling your form.

Pick the nearest branch to you among others

Wait for a few days and u will get an sms alert to come and pick up at the bank.

ChocolateBunny:
An end want to buy my domain only on Godaddy but the problem now is that its being listed there before by the previous owner who forgot to delete it ..please help.me how do I go about this .. thanks

Go to Afternic.com and list there.
If it shows pending review after u list, send an email to [email protected] and complain about it.

It will be fixed

anonymousghost2:


Him life dn better ..
Stop fooling yourself..
D criminals dey house of assembly, governor n all.
Where's the recovered money ?
Ode....

invictus arrest clearly did not teach anything abi? Na here we go dey when they will catch u. Fool

anonymousghost2:

Ode..
Mompha wey dey Dubai.

He's a free man



Go n hustle..

fork off criminal.... He is in Nigeria. He was only granted bail interim.

Mod should correct the typo on front page.

Instead of Mompha to lay low, baba agbaya was displaying on social media again.

Poverty na disease true true.

HigherEd:
1.4 Billion naira for 13 acres in Ota(18 million naira/plot). Extortionist gold diggers. Canaancity a recent acquisition was bought for 350,000/acre. This case is going no where.

The court should get three independent surveyors and award their average recommendation to the claimants.

They are thieves... they want to reap where they have not sown.

Did Oyedepo not pay for those land back then? I hope his son is in the know OF EVERYTHING regarding their properties.

Drakkernoir:
Madness everywhere....

Why would u wake up and u want to die ur eye whites....i still cant fathom...

I wonder what will be going on through God's mind..when he looks at this world.

things like this are bound to happen when a country is too comfortable and developed. would a Nigerian think of doing such when the next food or bill is not even sure?

They have too much free times in their hand.

schullten:
Please house, can this be true!?

not yet... but soon it will be.

cyriletifit:
The month of February thought me a lot of lessons.
Happy to report these few sales.
All thanks to Jehovah and everyone here.

Domain: quality//printing//services/king
Selling price: $235
Venue: Dan

Domain: Modesto//auto//glass/king
Selling price: $300
Venue: afternic

Domain: moissanite//direct/king
Selling price: $500
Venue: First sales at Namesilo

All Handreg and held for less than 6 months.
All outbound sales.

God bless you! And congrats.

EGUNSOLA14:
Dynadot is here with dotcom promo code

MARCH599COM I just bought two with it now @ $5.99 enjoy

how many domains can one get with this?

tranxo:


That YOU are still scratching bottom of pot does not mean everyone that comes here on Nairaland does the same. I know those here that spend minimum of $500 to buy a domain name. You also believe nobody here has good-paying jobs? Go figure!

It is so unfortunate that some of you missed to grab the lessons that were SO OBVIOUS from the post I shared.

So, what I said about developing negotiation skills is nothing? And your mind couldn't wrap around the fact that someone that initially low-balled at $200 finally bought the name at $20,000? Doesn't this tell you that many buyers are experienced BUSINESS MEN that KNOW their onions, AND for YOU to survive the mind games, bluffs/counter bluffs, and psychological intimidation, YOU NEED to step up your game.

See the big picture. I have always been a proponent of not selling ourselves short. Mind you, I am not saying we should buy high and sell low (which business principle is that even?). If YOU buy a name for $10, list is for $600, and accept the FIRST $150 that comes along, without even countering, something is wrong somewhere.

I never wanted to respond to the first person that veered "off-course" when he quoted me on this, but I needed to say this 'cause it's starting to feel like throwing diamonds to swine.

Next time IF I happen to share more resources, I will break them down in kindergarten format.

Shalom

Do you know how many names get negotiated and still no sale?

All I am saying is, I can bet my money that a lot of people here will hold their ground firmly on an offer if they have no need for money.

Among domainers, it is often argued that RICK Schwartz has no need for money hence he can decide to reject even 1M but a lot of domainers can't do that even with their job.

It all boils down to how much you have in your bank when that offer comes in.

That is the point...

Domaining does not have consistent cash flow and its highly capital intensive to command such with renewals hanging on your head.

If someone has 200k domain names for instance and only end up making $50k in revenue, is that a profitable business model? Also note that there is a difference between revenue and profit, though people mistake and mix them up.

I never accused you of not having a well paying job and I wonder why you feel personally attacked and if you insinuate having, that puts you above others to reject offers because you have another source that pays your bill (that is your negotiating skill right there).

It is good to dream but be realistic while dreaming.

tranxo:
KNOW your name.

From $200 initial offer to $20,000 buy price. (Now see the counter offer)

I once said in this thread that we should go and read up/learn about effective negotiation skills

Domaining, when seen as a business, CAN help us develop many business skills.

Good morning all.

Its not about just knowing your name. Theses guys you compare yourself with have good paying jobs. Or you think someone still scratching bottom of a pot can pay $3.5k to acquire a domain name?

As much as we all want to dream big, do not forget your reality while dreaming big.

Ibrixy:
Hello, please how do I reply this..
@ideaspro

is this a website sale or just domain?

These guys would view your email, click on the domain to visit the page but will never reply you even when your email suggest that they reply for further discussions.

Oyiba is too character too weird for my liking.

IdeasPro:


Hmmm! There is NONE!

Before you flip your website, how many articles do you put one them? How long does you wait for it to rank before you sell them?

sonsomegrigbo:



Is that not the election rigger of Obasanjo?





Àràmi è rírí, mo r'órí ológbò l'átẹ

baba is looking for escape route for the case hanging on him

Arrewa:
Why do people so much adore fake news...

Anything to paint Islam and Northerners bad is what they're just after....nothing else

I'm in kano, this news is fake!!

This news is as fake as Aba product!!

The son of the cleric insulted Prophet Muhammad and threatened to bokoharam...

Some group of area Boys and bigots attacked his family house in a mission to fish him out

This has nothing to do with almajiri attacking a cleric

k

Ebenezer2021:
dollar online? If so you're lying

what do you know?

xynerise:
Those complaining about the phone are just plain ignorant. You expect a phone of such price to have everything you want?

Gerrarahia mehn.

Not everybody do Instagram and other heavy consumption apps.

spoken like a true old timer lol. How is Anderson and SkyDeep my regards to them.

This model reminds me of my Nokia C1-01 and how I made my first dollar with just that small phone.. $500