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H|D @invest_in_hd
, 4 tweets, 4 min read Read on Twitter
1) "MTN, Africa’s largest telecoms company, ... will apply for a mobile banking license in Nigeria and plans a launch of its mobile money service in Africa’s largest economy in the second quarter of next year, its CEO said."

$TEL #Telcoin #Telfam

qz.com/africa/1462453…
2) Open your eyes, look beneath the surface. Everything #Telcoin does is calculated. I'd like to point you to Q3 2018 of the roadmap and this tweet on June 18th

$TEL #Telfam
3) #Telcoin then announced @JumiaNigeria which fits the "explore solutions for a variety of use cases across Africa". And like I've mentioned multiple times, I know that MTN is the African operator behind the whole thing.

$TEL #Telfam
@JumiaNigeria 4) Guys, remember that #Telcoin isn't trying to reinvent the wheel. They merely want to be a layer on top of an existing product (MTN's mobile money platform).

Connect the dots...

$TEL #Telfam
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#Telcoin #Telfam

More from @invest_in_hd see all

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@CryptoMedicated, thank you for providing a quick analysis on $TEL - #telcoin. Much respect sir. The community appreciates it, but I respectfully disagree with your analysis, and let me tell you why. I'll address all 9 of your points with a rebuttal. Check out the thread.
1) Bearish on $TEL prospect: @CryptoMedicated
I disagree, and please check the stats, and even that's too low. The thing is that #telcoin doesn't operate like every crypto, as a matter of fact the manner in which they operate will allow them to thrive.
2a) $TEL locked out of the US: @CryptoMedicated
Permanently?!!! You should note that #telcoin is a GSMA member, which isn't an easy feat. Did you know that Sprint, ATT, Verizon, and TMobile are members as well.
Read 13 tweets

Related threads

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Chief Chidi Anyaegbu, the owner of #Chisco Transport, Fulham Properties, CTN Express, Chisco Energy, Chisco Haulage, Villa Angelia Hotels, Park Place Hotels, Machine Nation Limited is wicked, corrupt and an anomaly to the league of good and conscientious businessmen in #Nigeria.
In this thread is my story throughout the period I worked, as I am still owed 3 months’ salary, and the people still working there are owed between 2 months to 7 months depending on category of workforce they belong. These practices are worse now. #Chisco
He runs the companies' finances like a kiosk business. He takes 55% of the gross made by all companies to his personal account. The remaining 45% is where the company runs all its expenses - Loans, Spare Parts, Gas, Salary etc. #Chisco
Read 21 tweets
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.@cenbank Governor Emefiele: "Based on our internal research conducted at the Central Bank of Nigeria, there's strong support that the recovery of our economy from the recession may have been much weaker or even negative without the implementation of the restriction on 41 items."
CBN Gov: "Activities in the manufacturing sector also witnessed significant improvement between August 2016 and August 2018, as the Primary Manufacturing Index rose from a low of 42 per cent in August 2016 to 57 per cent in August 2018."
CBN Gov: "The CBN and PEBEC worked together to improve access to credit for under-served Nigerians, through the set-up of a National Collateral Registry and the passage of the Credit Bureau Act."
Read 19 tweets
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In a week where the North East got yet another military commander, we got a better look at overburdened infrastructure.

Elsewhere, as MTN gears up to enter the banks’ turf, concern over Nigeria's food import practices conjures a picture of a recently painted but creaking house.
The @MTNGroup's announcement is a positive for #Nigeria's economy as it substantiates previous comments by MTN that it has no plans to exit Nigeria despite its spat with @cenbank over alleged illegal fund repatriation.
The announcement ties into @MTNGroup’s strategy to become the biggest provider of mobile financial services in #Africa.

The telecoms-led drive to provide mobile money services will introduce a new interesting chapter in #Nigeria’s financial services sector.
Read 21 tweets
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There was cheery news that regulators had seen the error of their ways regarding indiscriminate use of iron fist tactics.

This step forward was blunted by events such as leap backwards in Osun, a problematic strike action, and a return to bad old habits by a bus company.
On 25 September, @cenbank governor, Godwin Emefiele, said that he was optimistic the regulator would resolve the dispute in a way that will ensure that “everybody will be happy.”

We think this is a belated attempt at reassuring waning investor sentiment towards the country.
A day earlier, @SBGroup, one of four banks @cenbank alleged helped @MTNNG illegally repatriate $8.1 billion, said the regulator may review a decision to penalise its West African unit.
Read 27 tweets
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Hello everyone, welcome to @Nairametrics Corporate News roundup for the week ended September 22, 2018. This thread is brought to you by @BluechipTechNG

Thread starts here
As usual, kindly indulge us by retweeting the first tweet of this thread so others on your timeline won't miss out. Feel free to comment as your insights make this thread even more informative

We begin...
1.We begin with news of a surprise takeover of Skye Bank by the CBN. The CBN announced that it has revoked the license of the bank with immediate effect.
Read 57 tweets
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Does AUSA Moira Kim Penza, prosecutor in the fed. #NXIVM #RICO criminal racketeering case, realize that her indictments of #NXIVM leader, Keith Raniere aka "Vanguard," last March, may have affected the outcome of the 2018 Mexican Presidential Election? #ArizonaMafia #Democrats
Moira Kim Penza is 1 of the main prosecutors in the federal #NXIVM #RICO criminal case. A #RICO case is very serious; it is 1 of the most complex types of prosecutions the U.S. Government can initiate. Moira's boss is Richard P. Donoghue, U.S. Atty for the Eastern District of NY.
Penza is a smart lawyer. According to publicly available information, she studied at Cornell Law School, a private Ivy League University located in Ithaca, New York. Cornell was ranked the #13 law school in America, out of 203 law schools, by U.S. News & World Report, in 2018.
Read 117 tweets

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