I never knew the power of hugs until I got older. I’m a sucker for a nice long hug.

realizing you’re not sad anymore over something you thought you’d never get over

And I hate being poor more than I hate working

The tougher the year, the dettier the December. Nigerians wey like enjoyment 😭

She wore her mum’s wedding aṣọ-òkè for her own bridal shoot. The durability and legacy of Aṣọ-Òkè >>

Here is what I think contributed to the ATM era's fall and why I believe the POS era has come to stay. Stay with me as I cook:

First, ATMs are expensive to set up and maintain. To profit from ATMs, banks must charge ATM fees. The issue is that banks only charge ATM fees on withdrawals made by people who use other banks. As such, there is a "mismatch" between ATM fees and ATM costs for the banks.

The banks can only earn ATM fees from customers of other banks. However, they have to incur the cost of servicing both their customer and customers from other banks who use their ATM. Another problem is customers from other banks get three free withdrawals monthly.

This brings us to the biggest issue banks have with ATMs — Bank customers are very smart, in fact, too smart. And like the old Japanese saying goes, "Some of us are wise; every other person over-wise...You are smart, you are smart, you are indeed the smartest of all..." IYKYK

You see, people prefer to withdraw from ATMs run by their bank to avoid paying withdrawal fees. When they withdraw from other banks' ATMs, they are careful not to withdraw more than 3 times a month. Hence, banks were not making as much from ATM fees.

From an ROI perspective, ATMs are not the banks' favourites. That's why only a tiny spark was needed to change things. And the spark here was POS. POS has been around for a while but was mostly used to make payments.

Around 2017 (probably earlier), many people started using POS solely for cash deposits and withdrawal business; it was profitable. (Today, POS agents earn fees of between 2k - 12k daily, depending on location and volume of transaction)

With the peculiar unemployment rate in the country, it makes sense that many people turned to POS agency as a source of livelihood. All of a sudden POS agents flooded the economy. This should be around 2019.

This led to an increase in suppliers of "withdrawal" services. As they taught us, the rational consumer goes for the cheaper option in a free market with many suppliers. POS is cheaper for many people. It might not be cheap in terms of fees. But in terms of time, it's cheaper.

if this babe sabi how many of my “last card” i don use to make am happy, she no go give me attitude again

Real 🥲

I'm so excited for what is to come. Bye bye inertia. 🚀

🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉

2006 😍

I don collect my sub 😂😂😂 so runnnnn