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Nairaland Forum / Nairaland / General / Business / Yorubas Have Taken Over IT & Foreign Investors In Nigeria (1839 Views)
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Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:16am On Oct 04, 2019 |
Na wa for Yoruba people So Nigeria dominated the list of tech startups in Africa and I decided to check the owners of the company running this things and I saw majorly Yoruba people effectively Yoruba people are calling the shots in a $8bn IT market flutter wave alone is worth $200m and this guys are all under 30 years Andela founded by a Yoruba boy made over $50m in revenue, over the 153 tech start ups in Nigeria 139 was from Yoruba boys effectively Yorubas developed more IT firms than any other country in Africa Very wise move as Nigeria leaves oil Yorubas are leading the way in a digital economy I have no doubts that the Yorubas vision of leadership is ideal for Nigeria let everyone manage what they have While some other noise makers are draining dollars from Nigerians reserve by importing items we don’t need Yorubas are attracting dollars to Nigeria on a massive scale end of my 2 cents Also a lot of these start ups by Yorubas are being backed by foreign banks now they don’t even need Nigerian banks again great job our brothers from the west 5 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Simplyleo: 1:25am On Oct 04, 2019 |
Just IT and you are jubilating? ![]() Have you forgotten our blodas from that side have taken over 98% of the universe? ![]() 1 Like |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:29am On Oct 04, 2019 |
Simplyleo: I’m not jubilanting but I’m impressed with that feat it’s the future. As oil falls in price Yaba tech is growing remember Mark Zuckerberg was mostly mingling with Yoruba people when he cans unannounced before Buhari met with him By the time Nigeria’s economy goes fully digital Yoruba will extend and maintain the hold it has on Nigeria’s economy Remember Paga by a Yoruba man too These guys are planning ahead men I give it to them 4 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:31am On Oct 04, 2019 |
Osaze007:I just laugh at people like u ..... There are two type of business men in nigeria The Yoruba's ...they like formal business with nice office ,attend seminars and talk shows answer CEO buy every year post lose Andela guy just sacked lost of staff told people months back that business was not sustainable Jumia ,konga ,jobberman ,are all under this level ...just name but never make profit Then there is the Igbo n Hausa man ,they are after one thing and one thing alone ....thats profit nothing more ...they don't care about name n fine building What I'm saying most IT companies are not profitable ....Igbo's in IT prefer to design apps n sale ,and there is no name on that The crypto currency industry in nigeria is maned by mostly Igbo's ....but we just don't like to show off Don't deserved 6 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:32am On Oct 04, 2019 |
Osaze007:The highest app sold by an African was done by an Igbo guy sold for a billion dollars 2 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:34am On Oct 04, 2019 |
Simplyleo: CChub has also bought Kenya Ihub effectively having the largest hub in Africa Biko they are forgetting about oil and matching into the future 2 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:37am On Oct 04, 2019 |
mrvitalis: That’s a lie The price was undisclosed And he’s based in USA I’m talking about based in Nigeria 2 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:38am On Oct 04, 2019 |
Osaze007:Lol when it comes to IT the world is a global village Have u ever heard about tennece ? This is a company that run the IT data base of over 15 tertiary institution in nigeria ...owned by an Enugu guy ...u won't hear his name Bro IT industry is like show biz most people like to show but have nothing 2 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:38am On Oct 04, 2019 |
mrvitalis: Andela is still raking $50m revenue so I don’t know what your saying Jumia still holds a popular name in Nigeria Jobberman is still successful even Nairaland is owned by a Yoruba man 2 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:39am On Oct 04, 2019 |
mrvitalis: And what is the name of these app and the guy sef May I check I see very little Igbo representation in IT |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:42am On Oct 04, 2019 |
Osaze007:When last did jumia post profit 3 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:44am On Oct 04, 2019 |
Osaze007:Chinedu Echeruo HopStop.com. Its not buy being popular 3 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:46am On Oct 04, 2019 |
Osaze007:Revenue is not profit say ...50m dollars revenue what's that Tennece beats that hands down I'm sure 4 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:46am On Oct 04, 2019 |
mrvitalis: https://techcrunch.com/2019/04/12/african-e-commerce-startup-jumias-shares-open-at-14-50-in-nyse-ipo/ The same Jumia that’s now pan African with $1bn valuations I must give it them a job well done effectively if Nigeria goes it separate ways They have remittance( Yorubas are the most travelled st least in Canada USA and uk which remit the most money to Nigeria ) and tech start ups to sustain themselves 3 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:47am On Oct 04, 2019 |
mrvitalis: Good for Chinedu I didn’t say there were not igbos I said it’s dominated by Yorubas that’s my point 1 Like |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:48am On Oct 04, 2019 |
Osaze007:Yoruba's are the most traveled ? OK I give up Too muck media lies has killed u bro 4 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:49am On Oct 04, 2019 |
mrvitalis: Based on my own experience o At least I have been in Canada now for a year na Yoruba full Vancouver Alberta & Ontario same thing with USA and uk at least in those 3 2 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:51am On Oct 04, 2019 |
Osaze007:U can't say , Igbo men prefer there business underground mostly to avoid tax I'm sure they are same in IT industry ... If not that I know tennece first hand won't even know they made so much money I'm sure u never heard of them ...but trust me they are one of the best company to work in nigeria IT start up are nothing ....app design is the main money spinner 3 Likes 1 Share |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by mrvitalis(m): 1:52am On Oct 04, 2019 |
Osaze007:Lol oga Igbo man no go show u say him be Igbo man abroad ....unlike Yoruba's ....let's have regional government aha I go open so many people eyes 3 Likes 1 Share |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Bridget95(f): 1:56am On Oct 04, 2019 |
I thought yorubas are not chestbesters until I saw this post. 3 Likes 1 Share |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 1:59am On Oct 04, 2019 |
Bridget95: Aunty I be edo man 4 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 3:12am On Oct 04, 2019 |
! |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by MetaPhysical: 4:39am On Oct 04, 2019 |
Osaze007: MainOne - Yoruba Ntel - Yoruba Glo - Yoruba These three have equity ownership in the intercontinental submarine cable connecting from Europe to West Africa. 2 Likes 1 Share
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Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by ufotty2001: 4:42am On Oct 04, 2019 |
you also fail to tell us that yoruba have also taken over human head mining. 1 Like |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by helinues: 4:43am On Oct 04, 2019 |
Sorry we don't brag... Try next |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Osaze007: 4:48am On Oct 04, 2019 |
ufotty2001: Smh every tribe has its bad side just how igbos have exported baby factory to SW. 1 Like |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by LegendHero(m): 5:02am On Oct 04, 2019 |
mrvitalis: In the UK, USA, and Canada, yoruba have the most population. It’s a fact known to even most Igbos. If you’re talking about Europe or Asia, I won’t deny the Igbos are enormous in that side but within that 3 countries up there, the Yorubas dominate. I also saw you talked about the IT guys not making profit, that’s the most rubbish statement I’ve ever heard. Not all IT make profit but those that are established are crazily rich. If you’ve lived in the USA, IT companies alone in Silicon Valley generates a lot of revenue and infact IT is the future. Ya’ll always talk about Igbo traders like we don’t also have Yoruba, Hausa, and other tribes traders. You always make it seem like you own the monopoly of trading and that’s a ridiculous assumption. We have a lot of importers that are of different tribes, the Yorubas are known to have the largest concentration of artisans, mechanics, etc beside the Iya oloja selling Aso ebi and all. Tho the OP need not project the Yoruba as the best in IT, it’s already an established fact so no need of louding it again. Can you see the population statistics of both Yorubas and Igbos in USA
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Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Ndibunna: 5:09am On Oct 04, 2019 |
Another express news fully loaded today. They were defeated in a supposed thread and now Tech filled with Lagos-Ibadan express magazine/news. I want to ask do West which are mostly Yorubas do take this propaganda and Carry their brothers along in Togo and Benin republic. 1 Like |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Ndibunna: 5:11am On Oct 04, 2019 |
LegendHero: leave Wikipedia that is been edited every minute. Infact leave propaganda, we already know you guys for that one. I want to ask a very sincere question Hope you guys carry your brothers and sisters, your people, your blood in Benin republic and Togo along in all these feats and achievements? 1 Like |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by LegendHero(m): 5:16am On Oct 04, 2019 |
Ndibunna: This is not a matter of propaganda, for USA, UK, and Canada, Yourba got the most representation. Now to your question, I really don’t know much about the Yorubas in Benin and Togo, maybe some other Yorubas on here could better answer your question. Gracias. |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Ndibunna: 5:21am On Oct 04, 2019 |
LegendHero: The highest thing I hate in my life is outright and barefaced denial. Very sad indeed. Who in this age, infact grown up will say that he/she is not aware of Yorubas in Benin and Togo. Same culture, language, dressing, sane everything and you look into my face telling me you don't know. You can do better than this lie. Too bad. 2 Likes |
Re: Yorubas Have Taken Over IT & Foreign Investors In Nigeria by Iamgrey5(m): 5:28am On Oct 04, 2019 |
Ndibunna:@ emboldened so what are you saying exactly. |
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