What Kind Of Fast Paying Business Can Be Set Up With N500,000 Here In Nigeria? - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / What Kind Of Fast Paying Business Can Be Set Up With N500,000 Here In Nigeria? (797 Views)
Who Needs Free N2,000 Here? We Are Giving Free N2,000 To As Many As Want It. / I Need A Good Urgent Paying Business / Online Paying Business Needed! Willing To Pay (2) (3) (4)
| What Kind Of Fast Paying Business Can Be Set Up With N500,000 Here In Nigeria? by Franky158(m): 2:06pm On Jan 26, 2018 |
Fellow NairaLanders, I greet you o. I am a Youth Corper, serving somewhere in Afikpo-North, Ebonyi State. Though my service year will end sooner this year, but I know how difficult it is to find job here in Nigeria. But, just in case job search fails, I need useful suggestions on a lucrative business that pays faster, which one can easily set up with N500,000 or at most N750,000 here in Nigeria. I do not have the cash yet but I have faith I will be able to find a way out. Please I need only serious and reasonable suggestions. Thank you. |
| Re: What Kind Of Fast Paying Business Can Be Set Up With N500,000 Here In Nigeria? by Fxmanager(m): 10:18pm On Jan 26, 2018 |
Franky158:Check our profile signature. 1 Like |
| Re: What Kind Of Fast Paying Business Can Be Set Up With N500,000 Here In Nigeria? by RealityShot: 12:13am On Jan 27, 2018 |
Franky158:bar, resturant, barbing saloon female attachment etc... beans, rice, corn shop fast moving is the keyword here 2 Likes |
| Re: What Kind Of Fast Paying Business Can Be Set Up With N500,000 Here In Nigeria? by Fxmanager(m): 6:57pm On Jan 27, 2018 |
[quote author=Franky158 post=64530565]Fellow NairaLanders, I greet you o. I am a Youth Corper, serving somewhere in Afikpo-North, Ebonyi State. Though my service year will end sooner this year, but I know how difficult it is to find job here in Nigeria. But, just in case job search fails, I need useful suggestions on a lucrative business that pays faster, which one can easily set up with N500,000 or at most N750,000 here in Nigeria. I do not have the cash yet but I have faith I will be able to find a way out. Please I need only serious and reasonable suggestions. Thank you. [/quote We are here for you. Your #500,000 can currently give you an average of #25,000+ monthly return investing with us after performance fees. And if you want an average monthly return of more than #466,980 after 60 months(5years) of your investment with us, you can do so using compound interest in your investment with us. This means after 60 months(5years) of your investment with us using compound interest, you will be getting an average monthly interest/income of more than #466,980 assuming you decide to start withdrawing your monthly interest. This will be possible as long as we stay under our working risk of 5-10% of your capital, and the maximum permissible risk of 30% to your capital. Note: we are doing everything possible to stay under 10% risk to our potential investor’s capital. At 5% average monthly returns using compound interest without withdrawing funds from your account, your #500,000 will grow to more #9,339,593+(9.3million plus) in 60months(5years time). How is it possible to turn #500,000 to #9,339,593+(9.3million plus) in 60months(5years time)? It is possible through the power of compound interest as explained below. Compound interest is the concept of adding accumulated interest back to the principal sum, so that interest is earned on top of interest from that moment on. The act of declaring interest to be added to the principal is called compounding.(I.e you decide to add the earned interest to the initial principal in the investment going forward) Monthly compound interest formula We are using monthly here ,since we are talking of monthly returns. The formula for Monthly compound interest, including principal sum, is: A = P (1 + r/n) (nt) Where: A = the future value of the investment, including interest(returns) P = the principal investment amount (the initial deposit amount) r = the monthly interest rate(returns) in decimal. n = the number of times that interest is compounded per month (in this case once or one time) t = the number of months the money is invested Note that this formula gives you the future value of an investment, which is compound interest plus the principal. Should you wish to calculate the compound interest only, you need this: Total compounded interest = P (1 + r/n) (nt) - P Or simply Total compounded interest =A-P Let's look at an example Compound interest formula (including principal): A = P(1+r/n)(nt) If an amount of #500,000 is invested with us and we return a monthly interest rate (returns) of 5%, the value of the investment after 60months (I.e 5 years) can be calculated as follows... P = #500,000. r = 5/100 = 0.05 (decimal). n = 1 (since we are compounding it once a month. t = 60. If we plug those figures into the formula, we get: A = #500,000(1 + 0.05 / 1) ^ (1(60)) = #9,339,593 So, the investment balance after 60 months (5years) is #9,339,593 Methodology Step-by-step explained, how we get the #9,339,593. This all revolves around BODMAS and the order of operations. Let's go through it: A = #500,000(1 + 0.05 / 1) ^ (1(60)) Using the order of operations we work out the totals in the brackets first. Within the first set of brackets, you need to do the division first and then the addition (division and multiplication should be carried out before addition and subtraction). We can also work out the 1(60). This gives us... A = #500,000(1 + 0.05) ^ 60 Then: A = #500,000(1.05) ^ 60 The exponent goes next. So, we calculate (1.05) ^ 60. This means we end up with: #500,000× 18.679185894122945668381742854713 = #9,339,593 You may have seen some examples giving a formula of A = P ( 1+r ) ^ t . This simplified formula assumes that interest is compounded once per period, rather than multiple times per period. We have the best currency trading team here to assist you in building your #500,000 to over #9,339,593 in 5years (60 months) (you will be getting an average monthly interest/income of more than #466,980 assuming you decide to start withdrawing your monthly interest after that) and helping you live the life you deserve even without a job. You can give us a trial. This is the best structured, secured and transparent savings/investment you will ever find in this forum. No lock up period on your savings/investments and you can withdraw or close your account anytime. Your withdrawals from our partner broker to your bank Mastercard/Visa debit card takes 2 to 4 days maximum. If you are using ecurrency payment system, it takes 5 mins to the ecurrency payment systems then you can then make instant withdrawals to your Nigerian Bank account using Nigerian trusted e-currency exchanges. You can also use Bank wire transfer. You might be interested in what we offer. We promise a target of average 5-10%+ monthly profit on your savings/investment. Funds in a secured licensed,audited and regulated financial firm. You can monitor your savings/investment anywhere you are in the world 24/7 using any internet enable device. Deposits/withdrawal are 100% controlled by the investor (We only have access to trade your account through the trading platform and not given access to withdraw). You are free to test us with any amount you can comfortably risk before saving/investing fully with us. Statement of account sent to your email daily. working risk to savers/investors capital is 5-10% risk and maximum permissible risk to savers/investors capital is 30%. Visit the link below. https://www.nairaland.com/4265102/currency-trading-journal-avg-5-10 Visit the posts below to learn how to avoid scam and fraud. Learn to check and get the regulatory body's website to verify any company's regulatory status. https://www.nairaland.com/3925379/investments-anti-scam-fraud-guide https://www.nairaland.com/3931027/4-ways-avoid-investment-scams 1 Like
|
| Re: What Kind Of Fast Paying Business Can Be Set Up With N500,000 Here In Nigeria? by Futureinvestors(m): 8:42pm On Jan 27, 2018 |
Franky158: My Dear Friend invest a token in Foreign Currency Exchange. Did you know? The simplest way to earn 25% - 100% on your Investment with no hassle with proven profitable proprietary strategies. No gimmicks. Just check it out and heed to my counsel. Just a minimum investment will do in Naira or US Dollars. The truth no bank will reveal to you is out. Bank will always trade with your money and make profits off you without your consent while you warn yourself out at the office. Only you can change this right now! After a month or two you can be rest assured to get your initial capital back and continue with your available profit. No risk attached. I will show a simple proof and that's enough otherwise I can't help you. Note: Don't post your Phone or E-mail here please. Keep your details private. Contact me only when you have such capital at hand to invest. If you are in Lagos you can arrange a meet. Fine by me. Regards. @FutureInvestFX Call or TEXT ur email to below contact @+234*8*1*4*1*1*9*5*9*9*9 (WhatsApp) 1 Like |
| Re: What Kind Of Fast Paying Business Can Be Set Up With N500,000 Here In Nigeria? by Franky158(m): 11:04pm On Jan 28, 2018 |
Great! I'm glad with the replies I'm getting, I'm putting them all into consideration while chasing after the capital. God bless you all. |
(1) (Reply)
How Does One Export Food Products Abroad / How To Start Domain Trading Business In Nigeria / Plz Help Where To Get Wholesale Clothing Material In LAGOS
(Go Up)
| Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 37 |