MICRO FINANCE unknown to many is the sole panacea to mass poverty eradication in human society.The blog specifically focuses on the industry around the world but with more bias on Africa-unarguably the poorest region of the world.
December 27, 2022
THE PRIMACY OF DEFENSES.PART 8
Defenses as paramount intergrity assets of success mongerers ambitious eco-glots
should we rank the quality of the primacy,are hard to evaluate when
utilitarianists share their immature empiricism from the diagram of
causal effects,unlike empiricists in the empirical field.In the lores
of careerist and visionary defenses as opposed to ordinary or
routinised defenses or traditional defenses that occur in the
narratives of diurnal empiricism,critical rendition of such narratives
unfolds the concernsof action playersand empiricists alike.Wemust be
assured about the natureof empiricism they experience in the condensed
volatility of condition they foundthemselves.The periloustexture of
condition and conditional threats,determines the mode thata particular
defense as maybe fathomedin the variegatedtypes may take to
specifically engineer theform of benefits action playersmightdesire
earnestlyat a specific period.Utilitarianists not moded to devise a
winningstrategy until theyhave experimented
clarityoftheempiricists'clues
THE PRIMACY OF DEFENSES.PART 7
We share the best of moral defenses depending on the ability of the
human expertise,technology or ideology,vision,natural
grace,timing,location and the quality of information at the disposal
of the artists or action players involved.These visionary components
architect moral defenses by adventurers,the standard warchest of
succesful expedition Empiricists are made subject to this investment
of solid defenses and quality of returns they get could not be
detached from the primacy of defenses,that thrive with the allied
causal investment.The dual component of human character begins by
recognising the damaging component of offences peradventure supplanted
bynaturalor agregate human offences to dovetail into social debt
outstandings,on the tainting liability harmohaging.The critical
historical impairment of prior generation of causes and causal
investment snowball the liability side of social debt and these
outstandings,human offenses galore,must be paid amortised only when
egalitarian reformers institute defenses
THE PRIMACY OF DEFENSES.PART 6
of the previous generation of empiricists whodie with them a vastchunk
of potential defenses with littleor no reference literature to tap
behind assuage this miasma of historical
depletion.Nevertheless,remainders of empiricists that might remain do
not have physical energy to execute defenses with which the mission at
hand should be confronted but shall have to rely on youthful strength
of the utilitarianists albeit their contempt to sometimes lampoon the
empiricism of the old as outdated.Whereas it makes a mockery of
history and the rich method and quality of human learning to
calumniate or ridicule tradition instead in the absence of superior
method of learning.When old defenses are ridiculed,the new generation
of social debt incurred skyrockets technology chaos and social chaos
respectively.Moreover,in the befitting atmosphere endowed with
avalanche of literature on the subject,ridicule pour on available
history branded as outdated memoirs also leads to growth of social
chaos.We share the best of moral
THE PRIMACY OF DEFENSES.PART 4
Defenses are solid architectonic offenses armoury of possibilities
with which the insurance of human survival is guarranteed.We cannot be
compelled to disagree categorically speaking,that the best defence is
to offend and the best offence is to defend.The hidden primacy of
defenses much interred in its offences bellyaching their much
versatile threats,requires competition of conditional threats to
threaten strategic transformation.And the two strategic colours of
human character both defence and offence take precedence,sometime over
pristine ethos of household routines.The art of offence,its spectral
of conditional threats mobilises strategic competition and resistance
cummulatives on the victim tend to automate defenses for negotiable
softlanding.It is not out of ignorance to concede that systems are
architected to conform to the adroit uniformity of its purpose of
existence a robotic set up of its impecable phenomenon of totalitarian
systemic perfection within the bolt¬s of its
forms,formats&processes.
PART 3
Primarily wisdom is the principal defence of human organisation and
ways and means of administering them for the rewards of the human
institution and survival.With it mankind secures expertise and
technology,pedigree the very identity of the expertiseand
subsequently,the human position,location,environment and the timing
and formation of causes and the strategic effect or impact,it
generates on the primacy of the knowledge invested.The institution of
the causes and the effect,the social and economic interaction between
them and when the outcome is harvested by the effect of the
outlays,including the defect or likely dislocation,the turnovers as
the effect provides for the beginning of a new dawn when the market
for causes is repositioned.The growth of the market is better ploughed
or reploughed in the primacy of the new defenses.Defenses are fruits
of wisdom organically the experiences of previous dawn when facts are
harvested to create defenses for the round ofnew information or
knowledge investment.Mankind
THE PRIMACY OF DEFENSES.PART 5
However in this context of empirical field being the last field of knowledge
the true defender of human intergrity and intergrity cover when inherent values are optimised.The
inflation of knowledge rises with the strategic demand for it and the
quantity of use is not detached from the accumulated value of
liability and necessity that ordains the social forces of causal
institution.Economically the causal formation draws from market
rational forces not the operating leverage of the bland market where
it is traded to form the sanctity of experiences and successive
experience design to create a new generation of effect from new
causes.Defenses are made riding on the quality of defenses at hand and
investment it procures refines the ministry of new causal
generation.The grade of knowledge and the extant quality of defenses
barely loiter unlike the causal host,knowledge vectors subject to die
away by time left to the successiveage with fresh mental energy but
action players on the utilitarian field operating the causal mission
with the imported mode of the
THE PRIMACY OF DEFENSES.PART 3
Primarily wisdom is the principal defence of human organisation and
ways and means of administering them for the rewards of the human
institution and survival.With it mankind secures expertise and
technology,pedigree the very identity of the expertiseand
subsequently,the human position,location,environment and the timing
and formation of causes and the strategic effect or impact,it
generates on the primacy of the knowledge invested.The institution of
the causes and the effect,the social and economic interaction between
them and when the outcome is harvested by the effect of the
outlays,including the defect or likely dislocation,the turnovers as
the effect provides for the beginning of a new dawn when the market
for causes is repositioned.The growth of the market is better ploughed
or reploughed in the primacy of the new defenses.Defenses are fruits
of wisdom organically the experiences of previous dawn when facts are
harvested to create defenses for the round ofnew information or
knowledge investment.Mankind
THE PRIMACY OF DEFENSES.PART 2
mere defenses until they are invested with facts and convincing
figures,the systemic blunders of its strategic cluelessness with which
they re inculcated in the addlepated behavioural nerds,seasonal
ignorant folks,timely depressed,bedevilled homosapiens,there can be no
much transformation whatsoever.We warm up periodically with our
defenses of the assumable probity of prejudice free conscience.No one
justifies nipping in the bud puzzling riddles,without fair
presentation of concrete evidence,to nail prejudice to grave and
maintain much persevered carcass of human intergrity. You cannever
tell what a condition would look like even in the foreseable aeon of
spectral time,otherwise to play God,man must turn to the artifial
deity what a mordern man or a civilised brute calls science,the
heritage of human civilisation and its harbinger measure up to every
strategic demand that the cardinal task of human survival must not
bargain away the context of intergrity into the obscurity of
history.We assume openness of a
THE PRIMACY OF DEFENSES.PART 1
The primacy of human defenses automated by moral covers is known as
intergrity forest and we examine the exuberant custom through which it
should be actualised,enhanced,maintained and preserved.The blogger
unveils the broadminded concept to unleash intergrity forest.
The overbearing nature of the human organisation cardinally
utters the utmost significance of the human esteem in general.When it
exudes the forklift of pristine administration,the appreciable quality
of the inherent esteem redefines value system much vaunted to
attain,sanctify and maintain the standard context of human
intergrity.We set those optimal values much maligned by the laity to
maintain the majestic talisman of this intergrity forest.We are as
porous as the intergrity cover,we exude,as it maybe in the wanton
benighted orgy,to satisfy the paradign shift in the quality of human
expression oriented to defend the passionate drive for the becoming of
goals and objectives of its action.Defenses are simply what they are
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 13A
There is a momentum you get when history reaches the empyreal
height.It is marked by the rise and fall of history a spill over
effect of the prior rise and fall of great culture.Development demand
declines causal supply to catapult the fall of great culture and great
history.Then after an interregnum,something bolder or dreary takes
over the stage,rumminating the dusk of culture age and the formation
of new ecosystem of cultureage to kickstart a new dawn.The moral
burden of empiricism underpins the strategic thrust for institutional
growth and sustainability of development demand affording no need to
improvise causal supply in the abrasion of visionary defences.The
economics of development demand optimises value chain influences of
visionary defences.The golden strategyfor development of causalvalue
supply is informed by the need andvelocity of time.Time investment in
thisnew ecosystem howeverrequires ubiquitousembrace of thesevisionary
defensestocoagulate andaccelerate momentum forsustainable development
THE PRIMACY OF DEFENSES.PART 9
We share the best of moral defenses depending on the ability of the
human expertise,technology or ideology,vision,natural
grace,timing,location and the quality of information at the disposal
of the artists or action players involved.These visionary components
architect moral defenses by adventurers,the standard warchest of
succesful expedition Empiricists are made subject to this investment
of solid defenses and quality of returns they get could not be
detached from the primacy of defenses,that thrive with the allied
causal investment.The dual component of human character begins by
recognising the damaging component of offences peradventure supplanted
bynaturalor agregate human offences to dovetail into social debt
outstandings,on the tainting liability harmohaging.The critical
historical impairment of prior generation of causes and causal
investment snowball the liability side of social debt and these
outstandings,human offenses galore,must be paid amortised only when
egalitarian reformers institute defenses
THE PRIMACY OF DEFENSES.PART 8
We share the best of moral defenses depending on the ability of the
human expertise,technology or ideology,vision,natural
grace,timing,location and the quality of information at the disposal
of the artists or action players involved.These visionary components
architect moral defenses by adventurers,the standard warchest of
succesful expedition Empiricists are made subject to this investment
of solid defenses and quality of returns they get could not be
detached from the primacy of defenses,that thrive with the allied
causal investment.The dual component of human character begins by
recognising the damaging component of offences peradventure supplanted
bynaturalor agregate human offences to dovetail into social debt
outstandings,on the tainting liability harmohaging.The critical
historical impairment of prior generation of causes and causal
investment snowball the liability side of social debt and these
outstandings,human offenses galore,must be paid amortised only when
egalitarian reformers institute defenses
THE PRIMACY OF DEFENSES.PART 7
We share the best of moral defenses depending on the ability of the
human expertise,technology or ideology,vision,natural
grace,timing,location and the quality of information at the disposal
of the artists or action players involved.These visionary components
architect moral defenses by adventurers,the standard warchest of
succesful expedition Empiricists are made subject to this investment
of solid defenses and quality of returns they get could not be
detached from the primacy of defenses,that thrive with the allied
causal investment.The dual component of human character begins by
recognising the damaging component of offences peradventure supplanted
bynaturalor agregate human offences to dovetail into social debt
outstandings,on the tainting liability harmohaging.The critical
historical impairment of prior generation of causes and causal
investment snowball the liability side of social debt and these
outstandings,human offenses galore,must be paid amortised only when
egalitarian reformers institute defenses
THE PRIMACY OF DEFENSES.PART 6
of the previous generation of empiricists whodie with them a vastchunk
of potential defenses with littleor no reference literature to tap
behind assuage this miasma of historical
depletion.Nevertheless,remainders of empiricists that might remain do
not have physical energy to execute defenses with which the mission at
hand should be confronted but shall have to rely on youthful strength
of the utilitarianists albeit their contempt to sometimes lampoon the
empiricism of the old as outdated.Whereas it makes a mockery of
history and the rich method and quality of human learning to
calumniate or ridicule tradition instead in the absence of superior
method of learning.When old defenses are ridiculed,the new generation
of social debt incurred skyrockets technology chaos and social chaos
respectively.Moreover,in the befitting atmosphere endowed with
avalanche of literature on the subject,ridicule pour on available
history branded as outdated memoirs also leads to growth of social
chaos.We share the best of moral
THE PRIMACY OF DEFENSES.PART 3
Primarily wisdom is the principal defence of human organisation and
ways and means of administering them for the rewards of the human
institution and survival.With it mankind secures expertise and
technology,pedigree the very identity of the expertiseand
subsequently,the human position,location,environment and the timing
and formation of causes and the strategic effect or impact,it
generates on the primacy of the knowledge invested.The institution of
the causes and the effect,the social and economic interaction between
them and when the outcome is harvested by the effect of the
outlays,including the defect or likely dislocation,the turnovers as
the effect provides for the beginning of a new dawn when the market
for causes is repositioned.The growth of the market is better ploughed
or reploughed in the primacy of the new defenses.Defenses are fruits
of wisdom organically the experiences of previous dawn when facts are
harvested to create defenses for the round ofnew information or
knowledge investment.Mankind
THE PRIMACY OF DEFENSES.PART 5
however on the empirical field being the last field of knowledge are
the true defender of human intergrity and intergrity cover.The
inflation of knowledge rises with the strategic demand for it and the
quantity of use is not detached from the accumulated value of
liability and necessity that ordains the social forces of causal
institution.Economically the causal formation draws from market
rational forces not the operating leverage of the bland market where
it is traded to form the sanctity of experiences and successive
experience design to create a new generation of effect from new
causes.Defenses are made riding on the quality of defenses at hand and
investment it procures refines the ministry of new causal
generation.The grade of knowledge and the extant quality of defenses
barely loiter unlike the causal host,knowledge vectors subject to die
away by time left to the successiveage with fresh mental energy but
action players on the utilitarian field operating the causal mission
with the imported mode of the
THE PRIMACY OF DEFENSES.PART 4
Defenses are solid architectonic offenses armoury of possibilities
with which the insurance of human survival is guarranteed.We cannot be
compelled to disagree categorically speaking,that the best defence is
to offend and the best offence is to defend.The hidden primacy of
defenses much interred in its offences bellyaching their much
versatile threats,requires competition of conditional threats to
threaten strategic transformation.And the two strategic colours of
human character both defence and offence take precedence,sometime over
pristine ethos of household routines.The art of offence,its spectral
of conditional threats mobilises strategic competition and resistance
cummulatives on the victim tend to automate defenses for negotiable
softlanding.It is not out of ignorance to concede that systems are
architected to conform to the adroit uniformity of its purpose of
existence a robotic set up of its impecable phenomenon of totalitarian
systemic perfection within the bolt¬s of its
forms,formats&processes.
THE PRIMACY OF DEFENSES.PART 2
mere defenses until they are invested with facts and convincing
figures,the systemic blunders of its strategic cluelessness with which
they re inculcated in the addlepated behavioural nerds,seasonal
ignorant folks,timely depressed,bedevilled homosapiens,there can be no
much transformation whatsoever.We warm up periodically with our
defenses of the assumable probity of prejudice free conscience.No one
justifies nipping in the bud puzzling riddles,without fair
presentation of concrete evidence,to nail prejudice to grave and
maintain much persevered carcass of human intergrity. You cannever
tell what a condition would look like even in the foreseable aeon of
spectral time,otherwise to play God,man must turn to the artifial
deity what a mordern man or a civilised brute calls science,the
heritage of human civilisation and its harbinger measure up to every
strategic demand that the cardinal task of human survival must not
bargain away the context of intergrity into the obscurity of
history.We assume openness of a
THE PRIMACY OF DEFENSES.PART 1.
There is a momentum you get when history reaches the empyreal
height.It is marked by the rise and fall of history a spill over
effect of the prior rise and fall of great culture.Development demand
declines causal supply to catapult the fall of great culture and great
history.Then after an interregnum,something bolder or dreary takes
over the stage,rumminating the dusk of culture age and the formation
of new ecosystem of cultureage to kickstart a new dawn.The moral
burden of empiricism underpins the strategic thrust for institutional
growth and sustainability of development demand affording no need to
improvise causal supply in the abrasion of visionary defences.The
economics of development demand optimises value chain influences of
visionary defences.The golden strategyfor development of causalvalue
supply is informed by the need andvelocity of time.Time investment in
thisnew ecosystem howeverrequires ubiquitousembrace of thesevisionary
defensestocoagulate andaccelerate momentum forsustainable development
GOLDEN THOUGHTS ON EMPIRICAL FIELD.PART 13A
There is a momentum you get when history reaches the empyreal
height.It is marked by the rise and fall of history a spill over
effect of the prior rise and fall of great culture.Development demand
declines causal supply to catapult the fall of great culture and great
history.Then after an interregnum,something bolder or dreary takes
over the stage,rumminating the dusk of culture age and the formation
of new ecosystem of cultureage to kickstart a new dawn.The moral
burden of empiricism underpins the strategic thrust for institutional
growth and sustainability of development demand affording no need to
improvise causal supply in the abrasion of visionary defences.The
economics of development demand optimises value chain influences of
visionary defences.The golden strategyfor development of causalvalue
supply is informed by the need andvelocity of time.Time investment in
thisnew ecosystem howeverrequires ubiquitousembrace of thesevisionary
defensestocoagulate andaccelerate momentum forsustainable development
THE PRIMACY OF DEFENSES.PART 2
Primarily wisdom is the principal defence of human organisation and
ways and means of administering them for the rewards of the human
institution and survival.With it mankind secures expertise and
technology,pedigree the very identity of the expertiseand
subsequently,the human position,location,environment and the timing
and formation of causes and the strategic effect or impact,it
generates on the primacy of the knowledge invested.The institution of
the causes and the effect,the social and economic interaction between
them and when the outcome is harvested by the effect of the
outlays,including the defect or likely dislocation,the turnovers as
the effect provides for the beginning of a new dawn when the market
for causes is repositioned.The growth of the market is better ploughed
or reploughed in the primacy of the new defenses.Defenses are fruits
of wisdom organically the experiences of previous dawn when facts are
harvested to create defenses for the round ofnew information or
knowledge investment.Mankind
THE PRIMACY OF DEFENSES.PART 1
GOLDEN THOUGHTS ON EMPIRICAL FIELD.PART 16
tied to the institutional seedbed of strategic necessity.The concept
of strategic necessity lays bare the moral outstandings of liability
ingrained capital effects.Some generation of effects never die nor
blurred by stigma of event's laden liability or debt exposed
effect,still the natural law of culture ecosystem strategically
demands the effect be terminated inspite of the lasting impact,better
still be whisked to the grave-obscurity of history.This may happen by
natural or manmade means and successive history could be on the
decline.Culture ecosystem replanting and reaforestation of new causes
blessed with dynamics of power ecosystem takes over successives to
promote new cultureage.This dreary times could be undertaken at the
fall of previous generation of golden history and does grow beyond
previous dynamics until a considerable period of time has passed and
it produces landmark epoch.It is impractically impossible for such
monumental feat of historical progression to happen in the abrasion of
new modes
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 15
The moral output of utilitarian field guided by the utilitarian school
of knowledge is history from which mothernature manufactures
empiricism or scientific nodes of empiricism.A complicated web that
begins with the organic process of knowledge extraction from
abstraction field popularly known as eternity.This tripod entity that
provides legal framework for the writing and literature of culture
also shares similar interaction with the environment they create to
produce history the eternal output and generation of external input of
expired effect.The composition of that effect to suggest liability of
expired causes and decomposition of that effect,boldly links
empiricism to the strategic imperatives of automatic periodical
refueling of known history.There is nothing like unknown history that
belongs to the unknown spirits and deities unless it is scupltured by
atavistic intents of abstraction field.Growth and development cannot
progress where they are strangulated nor embryonically intertwine
their mutation to
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 14
more history for the sustainable growth of new modes of
empiricism.Organically,it is left tothe sacrificial nuggets and
operating regiments of boundless streams of lifestyles and exclusive
prerogatives of cultural events to perpetually design and redesign new
modes of events and conditions to write and rewrite history in the
notebook of cause and effect to recreate and create new dimension of
history.Historybesides being the memory of cultural ecosystem is also
the proven bank of empiricism as opposed to unproven bank the
utilitarian field as producer of changing modes of history.We evacuate
portfolio of matured or expired empirical resources from the producing
plants of utilitarian field to rewrite novel modes of empiricism and
history.The intervention of the utilitarian field at critical times
invariably does not undermine the context of moral outcome and
logistic support,it improvises and tediously provides when empirical
field,hiring known axioms from the limitation of overstressed
historical reserves.
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 13
There is limit to which empiricism can go including its multiplier
effect and potential impact.Obviously this etchinated fact is
undeniably proven.Little wonder,empirical field is tied to the
utilitarian field,to bridge this limit of capacity gap and empower its
factory of history to manufacture new facts to produce more
history,provide historical energy with which new empirical natural
resources such as evidence of data,intelligence,facts and proven
events can be ploughed to refuel the use of new modes of empiricism.It
is the least or smallest of the known field of knowledge but the only
field that can reach perfection as well as the contraction by
limitation.Truth is the perfection of empirical field while falsehood
and its influential forces of ignorance,opens up the utilitarian
field.The later field resigns its fate the moment the purpose of the
field is achieved and impact concretised either by expiration of
effect or miscarriages of causes.When empiricism reaches a capital
limit,you have to plant more
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 12
be proven but also maintain the long run sustainability concept.The
material texture of history ordinarily speaking makes thing happen so
mucheasily when the postulations are observed and imbibed by
mothernature in the critical assemblage of socioeconomic system and
cultural exis.Historical scorecard does not preview nor review itself
excerpt if studentsof history reexamine the periodical contours of
these historical identities to unleash new age of innovation and
technology.Empiricists in the grandiloquent materialityof larger
historicalcontext,deemed it grotesque to examine their scorecard left
behind beyond label ascribed utilitarianists to either fairly or
unfairly critique them.Openconscience cannot bebetrayed
whereindellible footsprintsare examinedand sancrosanctly
proven.Theliterature of historyis notwritten neither complete nor
perfect where the sacrifice of the open conscience is mortgage by
politics of prejudices.We share consensus evidence bow for
evidence.Moreso,as startling evidences undeniable.
PHILISTINES.SONNET 1
Clung to the black cup of cafebrulot and cafecreme,goggled the
penthouse's windowpane,a cafila and caespitos of jimberjawed,gimber
jawed,jimmie jawed,jigger jawed,jibberjawed mesoamericans of
quintessential aborigines,in their cold jawed,flabjawed,caducicorn
temperament.The bard himself scribbled in the sockdolager cacoethes of
cacoethesscribendi.Theypoured egregious cacophony,on western bent,as
taradiddle,bildungsgate,bumfuzzled,catawampous,flummadiddle,in the
flabjawed,ironjawed cadbait ecclectic cacogenetic cocoepy and cadenza
of slantindicular cacographical,dysgenetic cacology.The fugue's
mollagasouger cacique in the cacholong caciquismo of the hornswoggling
and honeyfuggling illwillies,pacified obscenecacochymied
cheeks,lacklustre fulminatedcondescripts.Discomfitureand irate withthe
cat's misery andkatzenjammer,scathing widdershinsandsnickersnee,sipped
offthecup,gourmandised slumgullion,hazilyrode pinion,masticating
caciovallo cheese,till the rear ambush gardyloo to flog with
cachinated grin cacodoxy.
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 11
The folklores of historical transition are evidenced in the causal
fabric of historical identity.When the material components of history
are experimented by the indellible footprints of the great time
investors with enduring legacies,we see undeniable historical identity
back up with evidence at hand.Those who report the footprints are not
deified with the sanctity of the reportage until spot analytic
evidence has shown otherwise evidences of eyepopping and
heartrendingtrends and sustainability of extantcapacity building
proven beyond legendary audacityof visionary defenses and open minded
persistent social transformation not ridiculed by same politics
ofprejudices.There is nopalpable change beyondthe outpouringofsuch a
grassrootand ideologicallyoriented accolades.The evidences
ofhistoricalidentities changes the moral perspectives of the human
verdictand rationalises even the politics ofprejudices shift its
illusory bent from where it may err or goof into thearena where
sustainaibility cannot only beproven
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 10
In every age of knowledge mated with cultural components,new
causes,condition and effects incubated to spiral eternity of
history.Advanced knowledge age predominantly cultureage opens the
floodgate of historical interaction with a cause planted by a decision
and the causal stock must irreedeemably in most cases,grow into a
condition after being transformed into a tradition having being mated
with an ideology,a vision and a belief for the cause.It must be
transformed into partial or full blown condition to be harvested at
the effect end.This spiral of knowledge age transition invariably
known as cultureage when it grows into a condition responsible for the
formation of characters of knowledge and history to know the critical
nature of cultural field at the maturity of effects.When cultureages
mature a new empiricism and history created.Then it can be said that
history is knowledgeable enough to afford new innovation and
technology only if the empirical field's nuggets are critically
reevaluated and reexamined.
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 9
Should i subscribe to the dictate of Ralph Wardo Emerson that 'the
fields cannot be seen from within the field'thatis to say that even
empiricists in the empirical field might not be better endowed to
unravel their empirical asset than the utilitarianists or
utilitarianists not experienced and skillful enough to unravel their
growing spurt of budding utilitarian empiricism better than
grandoldmaster empiricists who have passed through similar stages of
brain cycle and knowledge before.To be candid the latter postulation
is truer than the former's as to say the aged isblessed more with
ragsthan the phoneyyouth.The purposeof historical transitionis
civilisationand to embracethetutelage in timeistoavert the
colosaldamageor the repetitionof the fauxpas.Then itcan be painfulwhen
lies wrought similarmarvel ochestrated by the partaking of truth and
well imbibedin the sacrifice of hardwork.Even men with limited
perspective find convincing evidencetoorecorded substantial progress
though would be unevenly distributed.
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 8
In the context of decision management there is a gross disconnect
betwixt the verdict taken in the intangible form and the physical
impact,it commands and the aftermath of both evidences and post
evidences in the other hand.For instance weather changes decades after
the greenhouse gasses'emmission or at the microlevel failure of an
exam by either brilliant or unserious student.Cacophonies do happen
too and quite unrelated.Nevertheless,no effect is possible without
cause and it is the job of utilitarianists to find out.Such empiricism
might not even be useful to empiricists but offer valuable insight to
the users.Utilitarianists like empiricists share volatile characters
and the stability of ethos and tradition they elude belong to men in
the abstraction field.This strategic ilks of machismo in the
unconscious display of mutual wits with the right artisticplurality or
sufficient expertise offering value added services inthe market could
go a long way to witness alsoacareer lifeendowedwithphenomenal feat
alike.
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 7
Sometimes,most evils of social and technology chaos ensue from
utilitarianists experimenting with immature fiction of
empiricism,understimating empiricism of history as grotesque,appalling
and ridiculous and so they attempt to change history not forgeting the
fact that there is a limit to which history can go for a particular
innovation that if its welfare and benefit not guaranteed imprecation
and calamity is guarranteed.It sounds ridiculous when such
contemptuous limits areknown,still tinker withstrategic threats to the
same profound chaoticedge.Not interested in recognising the limit to
bothscience and history inthe dangeroushorizons reflects theextent at
whichhuman assumption can fly even beyond the logical end of the
resistance and irrational perspective.Mankind plays with politics of
prejudice drearily lingers adinfinitum in the context of decision
sciences and environmental management.We know decision lifetime is
shorter than human lifetime but strategic impact of the former can
last aboveeternity.
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 6
They re encouraged not to put to much resistance in this context and
be somehow flexible not put their subtle eggs into one basket to be
mindful of threatening effect their ferocious resistance might have to
the new changing pattern of social transformation regardless of
evidence at hand.To be charged with an adversarial form of moral
subversion threatening their social esteem should be ample lession for
rational empiricism to embrace new innovation and subscribe periodical
uncommon social transformation thrown up by liabilityand necessity's
responsibility of the season.Toavoid this somewhattribulating
implications,rational empiricistssubmit to theresearch curiousity
introducing newinnovationpattern.Excerpttothe rationalist among,they
hardly care andwhen the utilitarianistsmove into comfortable
zone,theirhuge prejudice for subversivecould speak delay and avert the
innovative progress.Ifprolonged,innovators andutilitarianists are
distracted and beautiful dreams pillaged,envisaged social
transformationtruncated
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 5
The complex texture of modern civilisation has come to rub off on the
not too discernible pattern of change in the empirical field.We hardly
exhume in the face of increasing evidence strategic threats and boon
it poses to perfect human understanding.Despite lack of information,or
complete information,decision must be taken to move onto and such
painful pattern do become painfully obvious especially to
utillitarianists still hunting for information tubers to harness
empiricism that will not be used by him when he's gone.Sometimes the
availability of information does not warrant its discovery let alone
its applicability and consumption.And when chips are down and findings
and discovery made and application endorsed,fatalists might be too
ridiculous to endorse its consumption.To be candid the dreaded impact
of the use and the inherent implication to warrant or influence
dramatic changes to social life.Thosewho benefit so much the present
are invariably much indisposedto the equalitarianbenefits of the
posterity
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 5
The complex texture of modern civilisation has come to rub off on the
not too discernible pattern of change in the empirical field.We hardly
exhume in the face of increasing evidence strategic threats and boon
it poses to perfect human understanding.Despite lack of information,or
complete information,decision must be taken to move onto and such
painful pattern do become painfully obvious especially to
utillitarianists still hunting for information tubers to harness
empiricism that will not be used by him when he's gone.Sometimes the
availability of information does not warrant its discovery let alone
its applicability and consumption.And when chips are down and findings
and discovery made and application endorsed,fatalists might be too
ridiculous to endorse its consumption.To be candid the dreaded impact
of the use and the inherent implication to warrant or influence
dramatic changes to social life.Thosewho benefit so much the present
are invariably much indisposedto the equalitarianbenefits of the
posterity
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 4
timing,magnitude,multiplier,hazard and bliss parts,data
analysis,critique and objectivity,barely speculators unless for
profiteering.They unveil gravity of the event at
hand,grotesque,spectacular and interesting expedition,environmental
impact analysis,including progression and retrogression of the
impact.Such strategic impact assesment could enable them forecast
future trends,its pattern of significant changes,potential
disruption,environmental strategic threats,vulnerability,options for
remedy and solution demanding serious attention.I think global word
warming much impactful and revolutionary than global warming in
general and the former has the potential to transform the latter in
one fell swoop.I wrote it in one of my essayson climate change.If we
could get global climate scientists why can we getglobal climate word
scientists and we should deploy positive inclination to enable
thisnewbreed of scientists employ positive thinking approach to
resolve the fundamentalscience error.To remodel the empiricism,
SANCTUARY OF LIBERTY.PART 1
IN THE SANCROSANCT HOMAGE OF LIBERTY,THE CONTOURS OF HISTORY HAVE BEEN SHAPED TO AUTHOR HUMAN CIVILISATION.IN THIS CONTEXT THE BLOGGER EXAMINES IN A CAREFULY WORDED TREATISE,THE BEAUTY OF FREEDOM AND THE HAZARDS IN ITS DENIAL.
In the sacred homily of liberty,the seeds and spirit and sanctuary of
liberty have been built,and in that circulable blood of freedom
consecrated for all time.The sovereign authority of the spirit of
liberty solidly observes,insulates and subscribes to the sacred texts
of libertas spelt out long ago authored parimaterial freedmen of the
atavistic aeon.The ardent love with which they defended its hall of
fame against vitriolic contempt of freedom and the wisdom they used to
gain mastery from trenches churning out its artistic magnum opuses
over the ages to prove till mordern times that men ought to be freed
that both so called chosen races and vulgarmen alike are collectively
designed to abide the vintage sanctuary of liberty for all time.In the
circumlocution of freedom,the vast swathes of mordern history infact
the expedient jurisdiction of freedom battlefields have been fought by
the phenomenal speeches of freedom and the giant strides of the so
called vulgarmen to which history was consistenly denied only
OTHER MODIFIED FEATURES OF SELLER FINANCED METHOD.PART 2
incorporation and inclusion of 6 major obligations of real estate
development over which this innovative method of accelerated
sellerfinanced option(ACSO) is tied with its robust plan.The six
duties or roles of real estate development includes:1.).Land
acquisition;2.)Market Studies;3.)project financing and financial
projection;4.)approvals and permits;5.)Estate construction;6.)facility
management and building renovation.7.)marketing and flipping.cOMPANIES CAN IMBIBED THIS HEAVILY MODIFIED METHOD.Hence we
examine the recommendation as terms of reference and rules of
engagement of sellerfinanced ACSO committes:1.)Presentation of offer
letter from the buyer;2.)Reply with acceptance by seller of offer
letter from the buyer.(Note:There are six components in the law of
contract namely:a.)offer;b.)acceptance.c.)intention to create legal
relation.d.)parties must have legal capacity.e) consideration.f)legal
formalities followed.g)genuine consent.h.)contractual objectives
lawful.Hence,elements of
OTHER MODIFIED FEATURES OF SELLER FINANCED METHODS.PART 1
This essay is a continuation of our effort,in the last essay posted entitled;Nigerian Real estate development,regulation,marketing strategy and transation process.part 1-5.We proposed seller financed stategy.
This method however operates in tight credit market like Nigeria.It operates with five types of sellerfinancing
option and below are the features;amortized over 30years period but with balloon payment due in
five years;it is refinanced within that five years when buyers
financial situation will have improved to either fully amortise the
facility or qualify for refinance from traditional lender;sellers have
no patience nor can wait for 30years for loan to be repaid whether it
provides finance or not;avoid risk of credit extension;provides
financing only when seller's own mortgage is paid off using buyer's
downpayment;where the seller's own sizable mortgage still exist on the
property,seller's own lender must agree to that transaction;secure the
loan or promisory against the value of the estate estimated to worth
at least $5m.This hedges against inability of the seller not being
able to offer finance and the fear of defaults by buyer or fear of
foreclosure by seller from the buyer.No downpayment or need to run
credit check on the buyer,or possesion of asset once the plan is good;
THE NIGERIAN REAL ESTATE DEVELOPMENT,REGULATION,MARKETING STRATEGY AND TRANSACTION PROCESS MANAGEMENT.PART 5
THE NIGERIAN REAL ESTATE DEVELOPMENT,REGULATION,MARKETING STRATEGY AND TRANSACTION PROCESS MANAGEMENT,PART 4
The nature of transaction.Common documents include sale and purchase
aggreement,deed of assigment or deed of lease,or sublease or power of
attorney.Governor's consent application form signed by seller or
lessor.With relevant documents prepared and transfer of
possesioncompleted to purchaser,process for obtaining consent and
registration of interest transfers commences after payment of taxes
and fees.Buyer at his own discretion conduct due diligence at the land
bureau for interest protection and vital in title transfer process.A
solicitor,buyer or agent could conduct due diligence at the bureau to
confirm title and interest in real property,zoning purpose,land
use,commited or global,external or 3party interest,residue or term of
years,status and seller's capacity.Consent follows transfer completion
together with registration of transfer deed.Joint owner,or
owner,patner of real property interest,by consent must be sought to
prove title transfer validity by seller.Board resolution is vital if
property is owned
THE NIGFERIAN REAL ESTATE DEVELOPMENT,REGULATION,MARKETING STRATEGY AND TRANSACTION PROCESS MANAGEMENT PART 3
that must be paid include stamp duty,capital gain,consent,registration
fee and other outstanding land charges needed for registration of
transfer deed are vital to lawfully vest ownership of real property to
the purchaser.Land registry located in every state to guide real
estate transaction where records and archives of real property in
urban areas excluding rural areas are domiciled and updated.We could
verify intending purchasers from the geometric weekly plan by surveyor
general of the state domiciled in states'survey daparments where land
statistics and information on titles and purpose can be found.Real
estate title records duly documented in register of deeds at
respective land registry offices in states.It documents transfer in
real property interests with respective files in respect to title
transfers to purchasers or assignee.Upon the completion of background
check and due diligence by parties and consensus transaction cost,it is followed by the preparation of much vaunted relevant documents and depending on the
nature
THE NIGERIAN REAL STATE DEVELOPMENT,REGULATION,MARKETING STRATEGY AND TRANSACTION PROCESS MANAGEMENT.PART 2
2.)property and conveyancing law(of south west states excerpt
Lagos.).3.)Conveyancing act of 1881(northern&eastern states).4)Rent
control and recovery of premises law(of states.].5.)Land registration
law of lagos state 2015.6.)Land use charge law of 2020.7.)Tenement
rate laws of states.8.)Willis act of 1837.9.)Willis laws of
states.10.)CAMA2020.11.)Administration of estate laws of
states.12.)Tax legislations-finance act(2019&2020amendments),capital
gains tax act of 2004 as amended,personal income(amendment)tax act of
(2011)as amended,stamp duties act 2004 as amended and companies income
tax act(2004)as amended.We do not forget cases in the court judge made
laws are binding precedents too.These laws regulate the transfer of
interests in land and applicable to every category of real estate
transactions.The transfer of title and interests in real property is
required by law to be in writing and by deed duly executed by parties
and vital in transfer transaction.Applicable statutory transaction
taxes and transfer fees
THE NIGERIAN REAL ESTATE DEVELOPMENT,REGULATION,MARKETING STRATEGY AND TRANSACTION PROCESS MANAGEMENT
Nigerian real estate industry has grown exponentially in terms of
scale,volume,value activity and commerciability over the last 30 to
40years period.However like any industry is subject to regulatory and
institutional framework through which its state was accelerated to grow
in size and volume of activity providing critical means of employment
for the teeming citizenry of the nation.We examine a couple of these
laws,real estate transaction process and in this case we devise
uncommon marketing method which we hope property developers should buy into and
the mutual benefit we hope both parties will derive backed by
conventional means of agreement to make it workable for all parties
exploited for artful and speedy resolution in this unique
proposition.Apart from the nigerian constitution and other statutory
laws like land use act degree 1978,we also have several laws guiding
real estate practice in the country.They include:1.) land Instrument
Registration act and Land Registration law of states;2.)Property and
conveyancing
JIM CROW.CHAPTER 2,PAGE 6
to When They Call You A Terrorist:A Black Lives Matter Memoir by
Patrisse Khan-Cullors and Asha bandele,it seems the lot of blacks is
to go jail as captured by most fictions in the review.They boast of
no good memoirs,dry of intellectual freedom,throwing in the towel and
mostly disinterested in celebrating the great black inventiveness.You
went to Tuskegee like Dad and you inspire me too including my son,what
efforts did Tuskegites of your generation make to change the
statusquo?Have you documented your own personal experiences too?I
Think Dad did not`'i told him same thing and was reluctant lamented we
were defeated race,that anything you do will not be appreciated.I
documented my experience and i could tell my best experience with
him.Do you know your dad died as a result of vietnam war?''You mean
what,did he go to vietnam?'Of course we fought together in the
samefront at Saigon.''Jesus he didnt say a thingbut i only saw him
wear military uniform when he said it was just a cameo''No,he served
for 20years.
JIM CROW ERA.CHAPTER 2,PAGE 5
New People,a novel by Danzy Senna a suspense thriller follows story of
biracial Maria a New Yorker,a research scholar,entrepreneur seemingly
living the perfect life.And then she questions the dreary notions of
defined expectations and interested in black narratives not conforming
to expected script.''Dont be silent about Ta-Nehisi Coates author of
We Were Eight Years In Power.A collection of Coates essays about race
and history and power during Obama's presidency.He also wrote Between
the World and Me''The book is part of review here too.Jesmyn Ward
wrote Sing,Unburied,Sing an award winning novel draws inspiration from
experience of family facingthe embattled choiceof racial dynamics in
the americansouth about 13year jojo and hismother Leonie road trip to
pick up his father in Mississipi.When you explore the contents of
these books from Why am no longer talking about race to white people
by Reni Eddo Lodge;Dear Martin by Nic Stone;This Will Be My Undoing by
Morgan Jerkins;An American Marriage by Tayari Jones
JIM CROW CHAPER 2 PAGE 4
The Six African Americans Who Escaped slavery and became Millionaires
in America.''U have read Thick:And Other Essays by Tressie?''Nope,you
mean Tressie McMillan Cottom''Yea,a collection of essays on black
female experience in america.''I Love Ghost Boys,by Jewell Parker
Rhodes.Jerome main protagonist was killed a fate similar to Tamir Rice
a 12year old massacred in 2014 in Cleveland.The murder is done by
officer who confuses toy gun for real gun.He moves round as a ghost
meets Emmett Till 14 year black teen murdered in 1955 and later also
meets Sarah,police officer's daughter and try to uncover sources of
Jerome's death.''Danez Smith's Poetry collection Dont Call Us Dead is
particularly inspiring.It treats black challenges,hostile environment
they operate opens the poetry with'Summer somewhere'a 25page long
elegy imagines paradise for black boys murdered by police
brutality.Angie Thomas wrote The Hate U Give a New York Times Best
seller.It tells the story of Starr Carter a sweet little sixteen
trying to
JIM CROW.CHAPTER 2 PAGE 3
was written in Reynold's neat voice drew inspiration from previous
book by kendi.''Franklin said it 'condenses kendi's expansive
nonfiction masterpiece''exactly,entitled Stamped from the
beginning:The Definitive History of Racist ideas in America.About
10chapters of 246pages.You have none on your shelf''Excerpt for the
joint publication,i dont have the rest.See papa,i stumbled on many
books so far written on antiracism and black freedom.'Like
what?'Colson Whitehead wrote Pulitzer prize winning novel'The Nickel
Boys'published by Penguin Random house.'Was it not the novel written
on real life reform school in Florida where boys weremurdered
andregularly beaten for a good century?'Yea,it focuses on Elwood
Curtis a blackteen.''Yea,but he wrongly ends up in nickel academy,a
fictional academy.'You know Curtis,he had friendship with Jack
Turner,another black student.Cast in 1960s both faced the tragic
reality of being a black boy in america.''I love Shomari Wills,author
of'Black Fortunes:The Story of the First Six
CHANGING MODE OF ECONOMIC SECURITY.PART 4
Prominent figures such as novelist H.G.Wells,economist Thorstein
Veblen courted the best governance system ever mooted in the States
and it became a serious intellectual movement.Same engineers borrowed
classical economics its mathematical tradition to usher in emergence
of neoclassicals.With over a million members,in 1934 in California
oddly enough had blossomed till date.They contended that price system
was outdated and production system based on traditional economic
theory antiquated.And the world should beleft in the care of engineers
and technology experts,supported rigorous application of engineering
principles as necessary solutions to economic security.They detest
political right and every logics of political and economic system
branded purely of unsound principles. The volunteerism of President
Hoover's era was excellently repackaged as social security with the
dawn and emergence of Rooseveltian times.Hoover had become a household
name after world war 1,distributed tons of food to starving millions.
CHANGING MODE OF ECONOMIC SECURITY.PART 3
I was fond of Upton Sinclair's plan End The Poverty program in
California(EPIC) that i mooted similar program in Lagos(EPIL) and
forecast that ending poverty in Lagos would take a decade.Hams and
Eggs movement had 300,000members and over a million callifornians at
its peak in which the saboteurs reportedly ridiculed the movement
based on dubious economics.Yet in the face of internecine wars by
ridiculous rivals was seen as solution to the state income security
for old age people.Elijah Muhamed did same for The Nation At Islam
planned and packaged socialist program for the colored people.Arthur
Johnson founded General Welfare Foundation of America and denounced
Social Security Act as great American fraud.Ham and eggs raised fund
on 2% tax on corporations and individuals and was killed in house of
representatives in 1939.Production for use was popular in america in
1918 in contrast to production for profit in the reform movement of
the period that gave birth to technocracy initiated by a patent
attorney in
CHANGING MODE OF ECONOMIC SECURITY.PART 2
Thomas Paine's logic of common sense appealed to native americans same
logic was instrumental to their political independence.Paine's system
of agrarian justice based on 10%inheritance tax also partly
contributed to economic freedom- social security of post depression
era.Civil war pension program,State and company pension
programs,Coxey's and Townsend clubs which died a political death made
their early impact too.Townsend clubs had 2.2million members within
two years of being introduced.The passage of social security act of
1935 accelerated graveyard silence of Francis E.Townsend's
vision,buried in dustbin of history.Charles E.Coughlin,had a weekly
Radio of 35m.-40m.listeners.The passage of the act destroyed this
beautiful dream too.When in 1936,Townsend and Huey Long's Share the
weath movement came together to form 3rd party against devil Roosevelt
their sworn enemy to contest presidential election of the period and
prevent New dealer from being elected,faded as it were into obscurity
and finallycrashed.
CHANGING MODE OF ECONOMIC SECURITY.PART 1
Our world is fast changing and the people and sciences that support
it.With the new proposition by Neomarxism and Marsolism,we benchmark
and juxtapose with similar ideas worldwide.We take the United States
as a case study in this context.All over the world,changing mode of
economic security,is hidden catalyst to the spectrum of universal
economic progress.First,it was the feudal lords guarranteed by land
and labour of slaves and later evolution of formal system changed the
key metrics in mordern custom as land was snapped from feudal lords
and transformed into villages,towns and cities in the face of
ballooning populationtime bomb.Thetraditional guilds later came to
occuppydynasty and customary influence onceaccorded to the feudal
lords andsquirearchy.America adopted same poor law tradition asher
colonialmaster and subsequently welfarism and freemasons stepped in to
fill thevoid of economic security,priorto the emergenceofsocial
security act of 1935.We briefly examined the contours of history
sequel to 30s.
JIM CROW.CHAPTER 2,PAGE 2
addiction''Oh my late dad's bossom,fellow Tuskegite,i knew it was
you.I told my wife to get down to meet you.Are you back from beverly's
and detroit now and done with automobiles?''Long ago,3years now but
got no pension.They decided to remove blacks from payroll
pension.'shook head as he listened to the weary Tuskegite.'Racist
policies everywhere deliberately to deny blacks their dues.Yet
prejudices fly with racism and bar people from talking about
it''Exactly you get the gist.Ibram X.Kendi a black man,award winning
scholar in the study of history of racist ideas published in 2019 How
to Be an Antiracist,wrote about it.''Oh you've read that too.''Yea''he
said america needs transparent self reflection and critical thinking
otherwise americans who swear theyare not racists continue to hold and
support racist policies.Therefore in the book,heshows how to be
antiracist.''Youre right Ibram Kendi also teamed up withyoung Jason
Reynolds to write and publish Stamped:Racism,Antiracism and
You.''Youknow that samebook
December 26, 2022
JIM CROW.CHAPTER 2 PAGE 1
JIM CROW.CHAPTER 2.PART 1
ibikunle laniyan
Nov 15, 2022, 7:21 PM
to laniyanibikunle
Joe louis door was knocked by old man and forced by spouse to attend
to the strange knocks.'i can hear dreary knocks downstairs?You re much
concerned about books and dead to fungi and matters around you.''she
complained.'And you think so?'Why didnt you hearthat knock?''Go
downstair andattend to it.Bring upthe old man to thepassage and i'll
bein the library in a jiffy.ok.''She stood upin her pyjama and the
eyebrows she raised and the pat,woke him up in the new day.He
continued with the last 17 books,reviewed on Mashable in an essay
written by M.J.Franklin documented books by black authors shaping race
relation in america.Franklin had said in the essay's intro entitled:17
books by black authors that are shaping our conversation about
race'sometimes the best way to understand the world around us is to
pick up a book'He was more interestedinthe powerofthe booksbeing
thehiddentruthaboutthe environment man deserts.Theold man smiles
sheepishly opening library door and commended him:Big joe you're back
to your ver
December 13, 2022
MY WORLD CUP DREAM
3.1 did it again.It defeated Ronaldo team in penalty shoot out to set pace again becoming first African team to get to semifinal since 1930 when the mundial started.In above photo, somebody is pointificating. Now I wish any of the two underdogs to win world cup preferably Croatia beating Morocco in final.Shallom.
December 9, 2022
REVENGE
to be disposed otherwise to the truth of the matter risk the slavery of mordern art.Peradventure,one enthuses that curbing avarice could lead to it's censure and abdication.Revenge on the increase at alarming rate is spurred by unbridled growth of capitalism and avarice.However,it has taken an entirely different dimension in mordern neoliberalism arouses insecurities between companies and between nations in the global community.To be precise, revenge comes in the mode of competition for companies in the market place.But for nations in the international community,it is declared boldly and rival nations faced their fate accordingly.For instance cold war rivalry between Russia and America took close to 70years to wage.The crash of old Soviet necessitated Indirectly the Russia Ukraine war masterminded by revenge of America against the country with world largest landmass.Revenge can take many dimension with sometimes Illogical steps from it's victims or victory.Contented arts barely brawn nor bicker their conditions when it arises in the horrible canyon of the most unpredictable nebula facing modern age.Contentment is the key to absorbing avarice and must not be taking for granted.Taking a look at the jobless boys in various betting centers in Lagos,we see above photos of contented boys and men thinking out of box trying to make ends contented with their position.
December 6, 2022
THE END OF THE YEAR
Shallom.
December 5, 2022
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 3
perspective grows in transition to enable capture of the whole view
and its constituent parts with the whole balance persist over time
turning the tides over like natural force.This enables critical
indepth view of the whole crisis spot and not abandoning the graver
consequences of the beautiful accomplishment.Man on the empirical
fields is much more concerned about the blissful adventure of
benediction nottraumatic ravages of malediction and lamely the
forecast resolutionto dampen the incongruence.He lamentsin most cases
when heproffers solutionand such task is left to the successive glides
of utilitarianists.And where they show a sample of resolution it is
only implemented at the elementary stage to spawn a critical lineage
of long term innovation.Cultural hazards like technology chaos and
social chaos catapulting malaise as social debt items pan out in the
same way.We struggle at most crucifix,mordern civilisation in this
context isfaced with challengesof benevolent inventions and malevolent
innovations.
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 2
To gather intelligence otherwise also known as expired empiricism,is a
tortuous journey on the utilitarian field in a thoughful transition
composed of expertise,timing,psychological transport,ideology,location
or environment,intelligence gathering and crisis resolution.An
empiricist then autilitarianist must identify a crisis spot toproffer
a resolution after a cerfiablelevel of extensiveenquiry and
intelligence survey.Utilitarianists in this context in the web
oftransitory field construct and promotecomplex and astonishing
edifice of morderncivilisation.This experiencedesign could be later
retrieved and consumed by successive generation or civilisation and
such cummulative packets of intelligence or information freedom if not
critiqued by later generation will quash doldrums.And to those who
arrogate as shallow the truth of the past,the concerted efforts of
prior gladiators might be ridiculed but certainly will spur a new age
of mass innovation and entrepreneurship.Truthfully,moral edifice of
psychological
GOLDEN THOUGHTS ON EMPIRICAL FIELDS.PART 1
Mankind is an empirical animal planted on the empirical field of knowledge in most cases and it runs the utilitarian fields with the knowledge of the former field.in this treatise the blogger explores the strategic impactthe field interaction with man have had on survival of homosapien.
Nature is a journeyman in the empirical field recording the spectre of
golden thoughts it mines from the spigot of invinsible abstraction
field and supplanted in the utilitarian field of knowledge harvested
in the empirical field when the nature of such condition and event
periodically dies when they less matter at the depletion of its time
and maturity of lifetime in a given culture and cultural life
cycle.And lo culture becomes a mother and subsequently,It left behind
a gigantic book as the world greatest investment,remains of world
information stock market to which time and seasons,age and epoch never
weary to admit astrographical riches of the earth.We cannot be coerced
to unravel the majestic tapestry of this historically industrialised
field until we've gain a mastery of its fortune including both
benediction and malediction as the case maybe at a particular time.A
good student of history popularly known as historian barely challenges
its empiricists'master craft in the critical rendition of empiricism.
ibikunle laniyan
Wed, Nov 23, 12:46 PM (12 days ago)
to laniyanibikunle
November 16, 2022
ARISEN GRAVEYARD
How oft it is when men die that death may die at the point of
grave.Should there be mercy that it may flee abode at their keepers
wrath.O that truth may come from its den as a lion that it may speak
that my sordid and blisful pen brutal than death and merry as sweet as
the lollipop and mercurial as the day.Graveyard that hath sucked my
uncle's bone dry as the sanddunes hath been impuissant to transit him
dead bone into the graveyard.To behold that my pen hath tucked the
graveyard beneath his foot so death's pale flag emasculated him ere
his transition into the yard of silence.O graveyard,earnest brute of
the heaven's moisture speakest thou foul to give up his carcass for
the resting place.O what more favour can my pen do to recalcitrate him
sheol.Is such axiom so crimson in thy lips to utter and swallow in thy
guttural?Depart again death as brute as my pen sallow;for the grave
shall not have my uncle's recumbence to the yonder beneath.Now will i
lay myself with everlasting life to ferry comfortable comfort,
THE FUNDAMENTAL ECONOMICS OF MARSOLISM.PART 2
In the marsolist fundamental economics,being the primordial basis of
marsolist of economics,there are basically ten theories to be
considered.They include the theory of the firm,the theory of the
consumer,the theory of the market,the theory of the society,the theory
of ideology,the theory of history and the theory of culture otherwise
known as the theory of existence.The strategic interaction this true
theory of the market system speaks volume of the fundamental theory of
the market system and the theory of human welfare and theory of price
system,the theory of time and theory of price time
investment.Understanding these 12theories differently creates
ordinarily strategic ease of passage into the goldenage economy.The
purpose of humaneconomy wouldsoonexpand until itreaches a stable
climatewhen it will then bedriven by ridiculous contempt of
welfare.Degrading profitmotive andthe maximisation of profit
motivetocitewelfarism asthemost realisticpurpose of theoryofthe
firmwouldsoonbe proven beyond a reasonaldoubt
MANAGERIAL ECONOMICS REDEFINED AND FIRM'S VALUE.PART 3
its research and development personel to engage in development of new
products vital to further grow total revenues.However,it is a logical
disservice to the ingenuous method of inventive art to accrue the
determinants of a firm's value as shown in the last equation to equal
the equation.That the value of i depends on the riskiness of the firm
as shown in chapter 15;and conditions of the capital markets as shown
in chapter 16.That the values of TRt depends on:1.)demand and
forecasting noted in chapters 3-6;pricing as shown in chapters
11-14;and new product development in chapter 8.That values of TCt
determine by 1.)production techniques shown in chapters 7-10;2.)cost
functions in chapter 9;and 3.)process development.Hence,Mansfield
concluded a firm's value depends on factors influencing TRt,TCt and i
and the allied constraints.While it is necessary to realise that the
constraint factors it faces endear it to explore optimised innovative
techniques should ordinarily create leverage for its continue
existence.
MANAGERIAL ECONOMICS REDEFINED AND FIRM'S VALUE.PART 2
That the profit equals total revenue(TR)minus total cost(TC) as
expressed in the equation =£n,t=1TRt-TCt%(1+i)t.where TRt is firm's
totat revenue in year t and TCt total cost in year t.We might query
this equation logically as abnittio as apriori.Does it not amount to a
blunder of strategic analysis to suggest managers and
workers'capability in influencing a firm's value in an astray lacking
the mettle to evaluate the possibility and probability of all revenue
options available to firms in the marketplace?Is it positive or
negative?if positive then it maystrive to reduce its cost and huge gap
can be witnessed b\w two curves-cost curve and profit curve.There is a
limit to which its marketing managers and sales reps can go to grow
total revenues,neither its production managers nor its engineers to
practically reduce cost budget to the barest minimum.Not to demystify
the velocity of ratio at which capital is procured in the marketplace
that is determine by price time investment.Though it's desirable for
its
MANAGERIAL ECONOMICS REDEFINED AND FIRMS'VALUE.PART 1
We redefined the context of managerial economics and charts a new dawn in the academic appraisal of firm's vavalue
In the book Managerial Economics by Edwin Mansfield,methinks we quite
agree that in theory of firm,firm generally tends to maximise their
value and has control over its value and can set at any level it
chooses contrary to mansfield irrespective of constraints.Constraint
factors on the limitation of value such as limitation of input
factor,related capacity constraints in respect of procurement of
materials,human resources,specialised equipments,timing of
expansion,dearth of technology,legal and contractual constraints and
taxes.They can limit the cashflow or ratio of profit it can generate
and constraint on a firm's actions main analytical relevant techniques
for this problems are contained in constrained techniques like linear
programming etc.A firm's value is defined as the present value of
expected future cash flow and as expressed in the
equation=#1%1+i+#2%(1+i)2+....+#n%(1+i)n=£nt=1%(1+i)t.where # is
expected profit in year t,i is interest rate and t moves from1(next
year)to n(last year of planning spot)
JIM CROW.CHAPTER 2.PAGE 6
to When They Call You A Terrorist:A Black Lives Matter Memoir by
Patrisse Khan-Cullors and Asha bandele,it seems the lot of blacks is
to go jail as captured by most fictions in the review.They boast of
no good memoirs,dry of intellectual freedom,throwing in the towel and
mostly disinterested in celebrating the great black inventiveness.You
went to Tuskegee like Dad and you inspire me too including my son,what
efforts did Tuskegites of your generation make to change the
statusquo?Have you documented your own personal experiences too?I
Think Dad did not`'i told him same thing and was reluctant lamented we
were defeated race,that anything you do will not be appreciated.I
documented my experience and i could tell my best experience with
him.Do you know your dad died as a result of vietnam war?''You mean
what,did he go to vietnam?'Of course we fought together in the
samefront at Saigon.''Jesus he didnt say a thingbut i only saw him
wear military uniform when he said it was just a cameo''No,he served
for 20years.
JIM CROW.CHAPTER 2.PAGE 5
New People,a novel by Danzy Senna a suspense thriller follows story of
biracial Maria a New Yorker,a research scholar,entrepreneur seemingly
living the perfect life.And then she questions the dreary notions of
defined expectations and interested in black narratives not conforming
to expected script.''Dont be silent about Ta-Nehisi Coates author of
We Were Eight Years In Power.A collection of Coates essays about race
and history and power during Obama's presidency.He also wrote Between
the World and Me''The book is part of review here too.Jesmyn Ward
wrote Sing,Unburied,Sing an award winning novel draws inspiration from
experience of family facingthe embattled choiceof racial dynamics in
the americansouth about 13year jojo and hismother Leonie road trip to
pick up his father in Mississipi.When you explore the contents of
these books from Why am no longer talking about race to white people
by Reni Eddo Lodge;Dear Martin by Nic Stone;This Will Be My Undoing by
Morgan Jerkins;An American Marriage by Tayari Jones
JIM CROW.CHAPTER 2.PAGE 4
The Six African Americans Who Escaped slavery and became Millionaires
in America.''U have read Thick:And Other Essays by Tressie?''Nope,you
mean Tressie McMillan Cottom''Yea,a collection of essays on black
female experience in america.''I Love Ghost Boys,by Jewell Parker
Rhodes.Jerome main protagonist was killed a fate similar to Tamir Rice
a 12year old massacred in 2014 in Cleveland.The murder is done by
officer who confuses toy gun for real gun.He moves round as a ghost
meets Emmett Till 14 year black teen murdered in 1955 and later also
meets Sarah,police officer's daughter and try to uncover sources of
Jerome's death.''Danez Smith's Poetry collection Dont Call Us Dead is
particularly inspiring.It treats black challenges,hostile environment
they operate opens the poetry with'Summer somewhere'a 25page long
elegy imagines paradise for black boys murdered by police
brutality.Angie Thomas wrote The Hate U Give a New York Times Best
seller.It tells the story of Starr Carter a sweet little sixteen
trying to
JIM CROW.CHAPTER 2.PAGE 3
was written in Reynold's neat voice drew inspiration from previous
book by kendi.''Franklin said it 'condenses kendi's expansive
nonfiction masterpiece''exactly,entitled Stamped from the
beginning:The Definitive History of Racist ideas in America.About
10chapters of 246pages.You have none on your shelf''Excerpt for the
joint publication,i dont have the rest.See papa,i stumbled on many
books so far written on antiracism and black freedom.'Like
what?'Colson Whitehead wrote Pulitzer prize winning novel'The Nickel
Boys'published by Penguin Random house.'Was it not the novel written
on real life reform school in Florida where boys weremurdered
andregularly beaten for a good century?'Yea,it focuses on Elwood
Curtis a blackteen.''Yea,but he wrongly ends up in nickel academy,a
fictional academy.'You know Curtis,he had friendship with Jack
Turner,another black student.Cast in 1960s both faced the tragic
reality of being a black boy in america.''I love Shomari Wills,author
of'Black Fortunes:The Story of the First Six
JIM CROW.CHAPTER 2.PAGE 2
addiction''Oh my late dad's bossom,fellow Tuskegite,i knew it was
you.I told my wife to get down to meet you.Are you back from beverly's
and detroit now and done with automobiles?''Long ago,3years now but
got no pension.They decided to remove blacks from payroll
pension.'shook head as he listened to the weary Tuskegite.'Racist
policies everywhere deliberately to deny blacks their dues.Yet
prejudices fly with racism and bar people from talking about
it''Exactly you get the gist.Ibram X.Kendi a black man,award winning
scholar in the study of history of racist ideas published in 2019 How
to Be an Antiracist,wrote about it.''Oh you've read that too.''Yea''he
said america needs transparent self reflection and critical thinking
otherwise americans who swear theyare not racists continue to hold and
support racist policies.Therefore in the book,heshows how to be
antiracist.''Youre right Ibram Kendi also teamed up withyoung Jason
Reynolds to write and publish Stamped:Racism,Antiracism and
You.''Youknow that samebook
JIM CROW.CHAPTER 2.PAGE 1
Joe louis door was knocked by old man and forced by spouse to attend
to the strange knocks.'i can hear dreary knocks downstairs?You re much
concerned about books and dead to fungi and matters around you.''she
complained.'And you think so?'Why didnt you hearthat knock?''Go
downstair andattend to it.Bring upthe old man to thepassage and i'll
bein the library in a jiffy.ok.''She stood upin her pyjama and the
eyebrows she raised and the pat,woke him up in the new day.He
continued with the last 17 books,reviewed on Mashable in an essay
written by M.J.Franklin documented books by black authors shaping race
relation in america.Franklin had said in the essay's intro entitled:17
books by black authors that are shaping our conversation about
race'sometimes the best way to understand the world around us is to
pick up a book'He was more interestedinthe powerofthe booksbeing
thehiddentruthaboutthe environment man deserts.Theold man smiles
sheepishly opening library door and commended him:Big joe you're back
to your very
UNFUNDED TAX CUT
New Prime minister recently took over power in Britain on Monday
after he met endorsement of over 100members of parliament in
accordance to rules of 1922 committee.Rishi Sunak,the first asian and
firsthindu british prime minister and youngest prime minister in
200years at age 42.After he was approved by the Monarchy,the superrich
banker and former chancellor who served Brexiteer Boris Johnson,the
people's choice for two years took over no.10.Downing Street in a
bigbang 44 days after Liz Truss the late Regina Windsor's last choice
as PM resigned.I keep wondering still uncomfortable albeit my
imponderables,what has come over Britain that they have 3 prime
ministers,in two and a half years,3home secretaries and 3 chancellors
during the same period?Is it that they also lack capable hands to
handle purely economic matters as it were since 1832 when Robert Peel
became first democratically elected prime minister after the great
reform act of 1832 or ever since Walpole became the first prime
minister and gallantly
November 15, 2022
BROTHER'S KEEPER.SONNET 4
New Prime minister recently took over power in Britain on Monday
after he met endorsement of over 100members of parliament in
accordance to rules of 1922 committee.Rishi Sunak,the first asian and
firsthindu british prime minister and youngest prime minister in
200years at age 42.After he was approved by the Monarchy,the superrich
banker and former chancellor who served Brexiteer Boris Johnson,the
people's choice for two years took over no.10.Downing Street in a
bigbang 44 days after Liz Truss the late Regina Windsor's last choice
as PM resigned.I keep wondering still uncomfortable albeit my
imponderables,what has come over Britain that they have 3 prime
ministers,in two and a half years,3home secretaries and 3 chancellors
during the same period?Is it that they also lack capable hands to
handle purely economic matters as it were since 1832 when Robert Peel
became first democratically elected prime minister after the great
reform act of 1832 or ever since Walpole became the first prime
minister and gallantly
BROTHER'S KEEPER.SONNET 3
brood of moses and kith'n`kin of Joseph Laniyan's whose daisy kick a
centurion's evening toss had passed beyond annals'kismetic
handikraft.Literati Moses as well as her jolly comfort,supplanted in
the mercurial sanddunes from turbulent abnittio across the median
trudges fallen in the wilderness,whereon mothernature assumed
parentage to aid bewildered kinsmen navigate last vestige of virulent
memoirs.Heypresto Abraham and Jonathan struck blackgold from the
beaches of sanddunes.Bravo,gnomes in zurich kinsmen partying in eulogy
of mothernature and abraham's kinsfolks globetrottersacross
thegluts.Sunny times'bliss,glowing the leagueand tepid sun interred in
the median passage as the purple birthirradiatedthe junglesof
deforested sands ofsahara,pack of wolves,feeding the scavengesof
fallen dreams.Agolden troth of brother's keepers' wedlock,who can
divorcethee?There miscarriages of broken troth barely fathoms
sweetening eagles of the air and roses of the rosecoloured
petals,threatened to fade in pinionofdingy sand
BROTHER'S KEEPER.SONNET 2
Let the consortium bloom phosphorescence as the lillies and the
eagles,Arise we arise villatic gangsters in the encroaching urbane
genus,bade overseas,kindred,in the clique of gemutlichkeit,radiated
bonhomie beyond golden roots,Not the gild clothed with cadre of
sobriqueted irreverence and sodality to commune discord apple break
the brawn of the junto,but a bloodline,a blood squads of
klatches,maelstromed in the empyreal chapter of nuclear gangsterism's
renaisance.And we dreamy mobsters in the cabalised camarilla of
rudderless confederacy,barely adrift the good-bad wine of glutten
sororities,bade for better days.Mafia of ogbomosho beverages and
brewery gluts,inthe tempestuous quivers in Lagos accelerated broken
gorgesas nethers of band's collective rings emasculated progenies
andkinsmen asundered in trenches,community of plutocracy-hungry menage
and wandelust-kinfolks.Hungriots and junketing wolvesin the piety of
broken sands and broken gongs.Cuzzie-bros,ainga of own flesh and
blood,of nearest and dearest
BROTHER'S KEEPER .SONNET 1
A million laughs a million miles away do i lovemy bloods?A tooth for a
tooth to hideneurosis,a thing about something,not to abalienate to the
abaftof sunny times.Oh am my brother's keeper in thetedious sun's
astern till adversity's loath
andsmothered,mollusk abbot-generals,my
archabbotsofcomradeshipsings untramelledtedious sun'selegyat
abattoir.Astenderfoot abloomgonegaga withthiselegy,house
ofrancourplummets
afarwherefeticideofrapprochement,aborticideofbrotherhood's
abnegationsings eulogyofthetedious sun,abalone to abaloneableist
language hath renderedcivility impuisant.Abluent of
thislanguage,clannish kinship drooped over the rancorous wall,in
florescence ablushed and reddened in a tangle of wildrose bushes
offraternity's savages.My genealogy,abolla of collegiality?what
abomasum a bolt from the blue,clad in the velvet of painstaking a bon
marche?Lucre and nuptial knot,plays the elegy o what abortifacient
hung over this abortus of clique's broken reed to quell ab ovo as
posteriori?
DATA SCIENCE.PART 2
However data is generally defined as representation of facts about
something.We analyse data using the three fields of knowledge ranging
from abstraction field to utilitarian field onward to empirical fields
where objective data operates on a concrete framework.Subjective data
operating the fiction parts full of dots.Data can be both fiction and
facts and when it is objective data it is facts and a fiction when it
is subjective data and it begins with dots,signs and later symbols and
then units and bytes.It produces two types of data intelligence both
man made or artificial intelligence or robotic
intelligence.Application programs on a computer can be described as
robotic intelligence that is a particular sets of data has been
robotised and given us robotic intelligence and nonrobotic or natural
intelligence such as stored in the space or in the person's mind.The
stages in the generation of data include the following data needs;data
identification;data profiling;data assemblage and organisation;data
selection
DATA SCIENCE.PART 1
The world is governed by information and the main motive of the
economy of existence and the science of history being culture is to
provide information that is backward audit of history and to generate
and promote transformation in terms of the backward audit of
history.Forward audit harvested at the effects'end and backward audit
at the causal end when a given tuber or metric tonne of information is
invested.This information investment however is called decision and a
price that is paid for the investment.We explore the meaning of
data,the state of data,stages of data that form the data cycle and the
essence of data or data generation,data theory and data economy and
the growth of data GDP in the long run and the impact of data or data
generation capacity in the ethonomy of development cycle and the role
it plays in the causal influence of all other sciences that govern
human,social,political and economic and so to say cultural
technological endeavours.We do not have to bother about concept of
data and use.
November 10, 2022
LOAN DOCUMENTATION AND BANKING FINANCE.PART 1
Banking services in this part of the world to those with meagre
knowledge of the nature of banking is considered absurd owing to not
too informed verdict about financial services in general.Nevertheless
access to banking services is a life transforming affair for seasoned
economic agents.In this essay the blogger ibikunle laniyan examines in
the process of finance and critical access to credit facility,loan
documentation invariably makes a difference and to understanding
various documents used in the credit negotiation could go a long way
in getting finance to the borrowers alike.We explore various documents
banks require to make loans accessible to clients below.It appeals to
several types of facility especially to the mortgage facility.Enjoy
the reading.Offer letter readily comes when borrowerseagerly initiate
loan process.A document that specifies loan terms and
conditions,subject to interested borrowers examination.If agreeable to
stipulated terms signs the letter often adjudged binding to both
parties.
LOAN DOCUMENTATION AND BANKING FINANCE.PART 3
There is a debenture when the borrower creates a charge over its asset
in favour of lender.This means the lender is given some interest over
some asset of the borrower.Obviously,the lender takes over in the
event of borrower's default and sell it to get repayment.2 types of
debenture fixed and floating charge,the former is a fixed charge on
specific fixed asset while the floating charge floats on inventory or
non constant assets like shares.Another option is a combination of the
two.Moreover,stock hypothecation floats on the use of stock of goods
as collateral.Companies that deal with large stock of goods fall into
this category and could use the stocks as collateral and maybe seized
in case of default.We shall not rule out the letter of lien and set
off.A borrower uses the letter to create an interest over the
borrower's asset,in favour of the bank.It could be cash in a bank or
property.The borrower simply signs the letter stating that it gives
the bank a right of lien over the specified property.Borrower
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 13
microfintechs spin offs from traditional fintechs serving communities
and states at most.Outlandish innovation incorporated into the value
chain tends to abhor this missing link.It could only do a disservice
over the longterm to alienate the underserved and the unbanked poor in
general.As vertically intergrated value chains declines in the
financial sector and technology enabled disruption practices
exponentially explores financial clarity,identify promising innovation
policy makers as well investors and regulators must undergo
intellectual reform.And in terms of opening up financial landscape to
the poor specifically its chronic gross underperformance in this
aspect,leaves muchto be desired.However,CGAP understudying the
evolutionary paces,points out the missingspace for the unbankedpoor in
the fiercely competitive highly sophisticated consumer mass
market.Same missing space muchmaligned by traditionalbanks to ignore
theinformal sectorat largehad been imbibed by fintechs in the
emasculating and insensitive
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 12
of highly competitive driven business products and valuebased
services,altering corporate models and transforming financial value
chains enhanced by eyepopping regulation that left legacy banks green
with envy and goose pimples.Nevertheless,in the context,in the clarity
of strategic innovation enterprise between specific innovation and
financial inclusionis often assume rather solidly proven.Hallucination
and all the buzz around fintech sound crazy,viciously intriguing and
absolutely grotesque.As fintechs perpetually abhor this potential
link,strategicgoal of poverty eradication goes up in smoke and the
glory of everlasting influence now belong to sovereign wealth fund
fintechs(SWFF\SWEFFINs)whose asset should begin from a trillion dollar
up.Practically we expect fintechs to evolve from microfintechs with
paid up capital less a billion naira or $2m.to $5m.at black market
rate.Their elitist approach also explains fully their programatic and
institutional notion of grassroot disconnect. Or better still several
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 8
SA accounts for 40%african fintech market,with Ghana and francophone
westafrica and then nigeria and egypt growing until 2025 at 15%,13%and
12%respectively.11 Markets comprising
nigeria,Ghana,Egypt,Kenya,Tanzania,Southafrica,Uganda,Cameroun,Senegal
comprises of 70%and 50% of african GDP and population respectively
take the fintech radiance where growth will be concentrated.Inspite of
all the activity,only a handful of unicorns start ups with
$1b.valuation like kuda,flutterwave etc.Navigating the key component
challenges of sustainability,scaleability,profitability,technology
ecosystem,regulatory framework and corporate governance is a major
hurdle.This is navigable with robust business method.Forget that in
assumption of similar investment levels per customer,that is 4 times
harder to achieve profitability in africa than in latin america and
13times harder than it is in EU and 20times than America,a globalised
fintech with unique business methods escape unhurt.We quite agree
regulatory framework uncertain,
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 11
(KYC),General data protection regulation(GDPR) and a whole lot of
regulatory bodies to deal with based on divergent jurisdictions they
work with.They include office of comptroller of commerce(OCC),Consumer
financial protection bureau(CFPB),commodity futures trading
commission(CFTC) and federal deposit insurance
commission(FDIC)regulate their conduct in america.Fintech start ups
should learn from them prior to venturing and inherent regulatory risk
as they vary from country to country reduces to the barest
minimum.Moreover,fintechs niches go beyond just digital banking and
comprises of popular niches like investment management,wealth
management,digital lending,mobile banking,global money
transfers,insuretech,regtech,microfintechs dealing with digital
microcredit,loans and advances,blockchain and Artificial intelligence
based solutions,crowdfunding,emicroinsurance,eREITs,e-micropayments
and mobilepayments,financial product services.There is a lot of stuffs
to be done in the heavily untapped underbanked and the
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 10
negotiated terms of investment in the digital bank.Protecting the
intellectual property assets is vital to the survival of a digital
bank.Property such as the logo,software,apps and source codes from
appropriate registry such as National copyright commission(NCC) or for
trademark,patents and designs registry.The setting of robust corporate
governance platform to ensure sound corporate governance practices
with duly constituted board comprising at least one independent
director and required board committees etc.A staggering host of
boundless opportunitiesawaitsfintech start ups,which are under
mandatetoworkwith specified apps and softwaredevelopers ranging from
digital lending,digital banking,consumer efinance,digital
microcredit,due to the fact that they aid users to
bank,pay,save,spend,invest,borrow and generate money.Digital banks and
fintechs are also heavily regulated.Considering regulations such as
antimoney laundering(AML)policies,payment card industry data security
standard(PCIDSS),Know your customers
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 9
The emergence of fintechmania came with a lot of sensation and more
than ever before Nigerians are expressing interest,making increasing
enquiries at the local commercial law firms on what it takes to set up
digital banks in the country.The central bank guidelines in this
context for digital regulation and specific licensing regime yet to
emerge but the prevailing initiative to work with available financial
licenses share consensus across the board.The extant licences below
will fill the gap:a.The use of microfinance bank licence.b.Payment
service banks licence.It can accept deposits from clients but cannot
issue loans.PSB licence can be obtained by established banking
agents,telecom companies and available fintechs.Capital requirements
to obtain licence is 5billion naira.c.Finance company licence.capital
requirement:100m.naira.The receipt of licence by promoters is followed
by CAC registration and promoters must ensure they have right contract
in place to protect their business interest coupledwith properly
FINTECHS AND THE NEW WAVES OF DIGITAL REVOLUTION.PART 7
intechs surpasses $1tr.annual global revenue.Mobile payment dominated
revenue and payment apps like paypal,payoneer,Venmo,apple pay and a
host of mobile money services prevalent in SSA region.The region
account almost 50% or 48.4% of active global mobile money
users.Bureaucracy in public civil services drasticaly reduces
including ease of opening bank account,including telecom services,made
accessible to the larger audience.The growth of cyberattacks could be
equally mindboggling.MPESA witnessed a wave of organised crimes led to
huge loss in kenya.Kuda in nigeria and Zazu in Zambia raised over
$3m.still shows remarkable resilience.Mckinsey analysis shows african
fintechs have made remarkable inroad with revenues between
$4b.-$6b.per annum in 2020 and penetration levels excluding south
africa absymally low at 3%-5%.Cash still used in 90%of transaction in
africa compared to less thanU.K.20%currently.Africanfinancial services
based on the study could grow by 10%annually growing by2025 to $230b
excluding SA.
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