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Many youths especially the male folks amongst them are sport fanatics. To put it in a more specific and friendly way, they are football fans and this opens a whole lot of opportunities to make money. This fact is not even arguable as the number of betting shops showing up here and there is increasing likewise the number of people patronizing them. This is as a result of story circulating around on how a person or two made fortune with just N100 or N200 through sport betting. This had lured people who would normally not go into it and as far as the betting business is concern, this is good for business.
First, let take a look at how the business operates. The person placing the bet is known as a punter. Now, the punter places his bet by predicting a particular outcome from a match. If the prediction comes out right, then the company pays the punter an agreed amount of money and if the prediction What Is Bet9ja Bonus Code wrong, the punter loses his/her money. It is that simple. If you want to have your own pie out of this multi-billion-dollar industry, then follow the steps below. The first step in starting this business is registering under a betting company as a franchise. This is needed in situations where you don’t have fund required to start the business from scratch.
This gives you the opportunity to use the company’s reputation, name, logo and even software. However, you are required to pay a franchise fee. Some of the popular betting companies around includes Bet9ja, Nairabet, Surebet, Merrybet, etc. each of these betting companies have their own unique requirements and commission rate. Shop location is key in this business. The area where the betting shop is located most be accessible and an area with a large football fan base. The size of the shop of the shop should also be taken into concentration. It is advised you have a betting shop that could accommodate at least a hundred people.
However, if you can’t accommodate up to this number, it is still ok. After securing a shop, the next step What Is Bet9ja Bonus Code buying equipment. The equipment required in a betting shop includes computers, printers, UPS, fittings, TV sets and generator. You need to buy all this equipment and many others that will enhance your customers satisfaction. The computers do not have to be new and have great specs. They should be preferably desktops as they are less susceptible to theft. Also of important is the subscription fees for both internet and satellite cable. Betting companies pay commissions based om sales or net-profit made. Each company have its own commissions rate. For example, Bet9ja pay 10% commission rate on sales every week.
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The Nigerian online gambling industry has seen rapid growth over the last decade. New betting sites from Nigeria have come onto the scene and made a name for themselves against a backdrop of international competition from major European players in the online sports betting market. Big names in the Nigerian online sports betting scene include Nairabet, Bet9ja, Lions Bet, Merrybet and 1960Bet. Each year new betting companies are being launched to serve Nigerian players and offer a growing number of sports markets. This competition between the betting companies is good for Nigerian punters. It means even better welcome offers and bonuses for new customers. However, punters must ensure that they choose a licensed and legitimate online betting company. Some international betting companies operate in Nigeria. Most of these come from the UK, where the betting industry is highly mature and regarded as a leader in Europe and the wider world. Bet365 What Is Bet9ja Bonus Code one UK-based sites that is available for Nigerian customers to place bets on, and they even offer markets in the matches of The Nigerian Professional Football League (NPFL).
Interswitch Financial Inclusion Services (IFIS), the owners of Quickteller Paypoint announced that they have now reached the milestone of 10,000 activated agent mark. This makes them the second largest agent network in Nigeria. The CBN has also mandated the company to increase its agent network to 150,000 by 2020. Will this model not be obsolete by 2020? I hear it’s been improving. Nokia announced last week that it had selected MTN to help drive its drive transformation from network-to customer-centric operations. Not to be mistaken for mobile phones, it’s a solution that helps service providers have a complete view of customer satisfaction, revenue, and device and network performance.
It also helps provide holistic view of service behaviour and performance. 5 million to acquire Micro-Station, the Computer Village, Ikeja-based mobile phone retail chain store. This is after their alleged failed bid for Slot. This is apparently aimed at getting a foot hold of the Nigerian retail phone distribution market, where Slot has been dominant. Network service provider Airtel, will be rolling out their 4G LTE network this December to 3 states which includes Lagos, Abuja and Rivers States before other states will follow. You may recall that in November, Airtel had awarded a three-year contract to Ericsson. The program involves the upgrade and expansion of network elements on Airtel’s Nigeria operations, including switching, radio, network management, data, charging, and consumer-services platforms and systems and also modernizes and expands its packet core network.
MTN launched its own 4G LTE last year. An update on Aero Contractors; The AMCON run airlines informed investors last week that they have shortlisted an initial 19 investors to invest in the airline. The CEO of the Airline, Capt. Ado Sanusi also said it will be eventually shortlisted to 6 and then to 3, the preferred bidder, second preferred bidder and the standby bidder. Sometimes I wonder how long drawn and costly this process can be. I may be paranoid but it at times looks deliberate. Medview commenced flight operations to Dubai, UAE last week. The announced this to investors on the Nigerian Stock Exchange last week. Coincidentally, Nigeria also signed a BASA with UAE last week. Well they say, everyone likes a good story. So Kellogg opened its new plant last week said to be worth about N6 billion.
Stanbic IBTC not about to be left out of this story disclosed that it When Was Bet9ja Invented the sole arranger and lender to Kellogg Tolaram. In other words, Stanbic financed this deal on its own and is set to reap fully from the benefits, assuming the loans don’t go bad. Are you Diary farmer or know someone who is one? FrieslandCampina WAMCO, for the first time, will bring certified dairy farmers from the Netherlands to train and advice Nigerian farmers on best dairy farming practices. We understand that the Dutch farmers are expected to engage local pastoralists on dairy farming practices like animal health and welfare, farm record keeping, feeding and watering, calf-rearing, milking hygiene, cow fertility, hoof care, housing and barn design.
If you ask me next year will be the beginning of the Spirit War in Nigeria. As more local consumers move towards spirits, brands are noticing and shifting strategy. Last week, Edrington, an international spirits company based in Scotland announced a partnership with Premium Spirits Nigeria to sell its brand of Scottish whiskey in Nigeria. ICYDK, Premium Spirits is owned by Nigerians Bottling Company (Coca-Cola). Erdington sells the The Macallan, The Famous Grouse and Highland Park spirit brands. Guinness (Diageo), Nigerian Breweries and William Grant’s Glenfiddich. Sticking with Nigerian Bottling Company, they launched three new variants of its popular Five Alive Fruit Juice in Lagos last Tuesday. They claim the new variants "contain natural and local fruits such as pineapple, Where Is Bet9ja Head Office Located In Port Harcourt apple, mango, passion fruit and orange." They claim with this variant, there is no limit to how many bottles you can drink.
In a major surprise to Beer watchers in Nigeria, the country’s largest brewer, Nigeria Breweries launched the Stella Beer. Stella Beer brand What Is Bet9ja Bonus Code owned by Belgium’s Stella Artois. However, the world’s largest brewer AB InBev, is a major shareholder in Stella Artois and also manufacturers the beer. Why is this important? AB InBev is an indirect shareholder in Nigeria’s International Breweries and perhaps the most potent competitor to Nigeria Breweries dominance in the beer market. You have to respect NB strategy in the local market. They now own two of one of the world’s most popular beer brands in the country, Heineken and Stellar.
Stellar is a Pilsner and a type of Pale Larger beer. Following the conclusion of the FIFA world cup draws, all is now set for marketing, advertising and sponsorship deals to start kicking in. Last week, the FIFA "announced" the appointment of Nigeria’s Pencilland Travels and Tours Ltd (Flyforvalue) as the Exclusive Travel Agent for 2018 FIFA World Cup tournament for the country. The contract allows the company to bundle the match tickets with other ancillary services like hotel bookings, tours and many more. Apparently, the right When Was Bet9ja Invented secured from Integral Sponsorship & Experiential Marketing Ltd, the FIFA authorised agent for selling hospitality package in Nigeria.
A bit of background of Pencilland, the company CEO, Kemi Soname is said to be a very close ally of Senator Remi Tinubu, the wife of BAT. She is also the wife of former LG Chairman for Ikosi-Isheri LG. ICYDK Mr. Soname, is the current Marketing committee chairman of the Nigerian football league and a board member of the NFL. He is also the owner of Remo Stars and two years ago bought a Portuguise second division club. He also owns Bet9ja. The competition and maybe bad blood between BUA and Dangote are well known, if you believe some of the press releases that the former often places in some Newspapers.
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