awesomeJ:

4.

Includes Airtime purchases!!

What is the current interest rate on savings acc?

Whiteshield:


You should have asked them at the station when your Mom was begging constables and corporals.
You this useless dropout, you think fraud only refers to internet scam called Yahoo. Half education is worse than illiteracy.
You need a family to love you and accept you, you need sensible parents to teach you integrity and responsibility and you need teachers to mould your thinking. You are a perfect example of failed parental upbringing.

My mom beg constables and corporal?
You must think my mom is as wretched and unconnected like yours.
Who told you my mom would even need to come to a police station if I get arrested to secure my bail?
Crazy losers plenty for here sha.
When you finish talk,find water go bath sleep.
You don craze obviously.
I didn't finish school,yes.Does that make me uneducated?of course not.
Not especially when I am financially savvy more than your dumbass

TransAtlanticEx:
My mom beg constables and corporal?
You must think my mom is as wretched and unconnected like yours.
Who told you my mom would even need to come to a police station if I get arrested to secure my bail?
Crazy losers plenty for here sha.
When you finish talk,find water go bath sleep.
You don craze obviously.
I didn't finish school,yes.Does that make me uneducated?of course not.
Not especially when I am financially savvy more than your dumbass

This trash is the exact symptom of the sociological disease affecting your life. You're an outcast, unable to socialise freely with others.
You think you're financially savvy because your circle consists of illiterates, dropouts, drunkards, smugglers and criminals like yourself. You can't grow above the company you keep. The day you move out, you would weep for your level of stupidity.

Whiteshield:


This trash is the exact symptom of the sociological disease affecting your life. You're an outcast, unable to socialise freely with others.
You think you're financially savvy because your circle consists of illiterates, dropouts, drunkards, smugglers and criminals like yourself. You can't grow above the company you keep. The day you move out, you would weep for your level of stupidity.

This fool must think smugglers are your typical roadside traders that sit and play draft all day and talk trash.
If you know the level of brain and connection you need to smuggle an already represented product in a market territory,you'd close that your stinking dumb mouth.
First you have to find a product you want to bring its "parallel".
Secondly you have to go to the country of origin of that product and make arrangements for its purchase without "tipping off" its representatives in the market you want to sell it in.
Thirdly you've got to look for a transit country where you'd use as base or entry for your operations.you've got to create connections there too so they won't tip off your markets that an unauthorised dealer has their products in large quantity about to bombard their markets with it.
Fourth you've got to make "unnoticable" transport arrangements so this product can enter that market unannounced.
Fifth you have to sell underground without tipping the owners of that brand off likewise the authorities.
You've got to be very financially savvy too so you can be able to move money worldwide without losing it,making exchange rate losses and also be able to predict rise and fall of currency so you know when to push money or when to wait.
So tell me,if at all I was a smuggler like your dumbass say,will you call a person that does this successfully dumb or uneducated lol?
Or you think having a low paying,cheap 9-5 job is what make you smart or have a good circle?
Lol the delusions of these NL clowns.Una never see life na.

emmanuelewumi:


Are you sure? Where is that?


We should do our due diligence and avoid goods that are very cheap, some are stolen or looted during the last unrest in the country

I don't know the state he resides but it is very possible. A bag of Nigerian rice where I reside now between N26000-N28,000. However, I know somebody that has been getting foreign rice from Katsina around N20,000. Though the last one he got early this month is N21,000.

Akin3891:

What is the current interest rate on savings acc?

1.15% pa
slightly below 0.1% per month.

awesomeJ:


1.15% pa

slightly below 0.1% per month.

Thanks, I asked cos I want to know when to put a halt to my mutual funds if it falls below 1.15%. I'm searching for a property worth of 15m that can fetch me say 1.5/2m annually, is this realistic?, if anyone have any ..kindly contact me.

TransAtlanticEx:

This fool must think smugglers are your typical roadside traders that sit and play draft all day and talk trash.
If you know the level of brain and connection you need to smuggle an already represented product in a market territory,you'd close that your stinking dumb mouth.
First you have to find a product you want to bring its "parallel".
Secondly you have to go to the country of origin of that product and make arrangements for its purchase without "tipping off" its representatives in the market you want to sell it in.
Thirdly you've got to look for a transit country where you'd use as base or entry for your operations.you've got to create connections there too so they won't tip off your markets that an unauthorised dealer has their products in large quantity about to bombard their markets with it.
Fourth you've got to make "unnoticable" transport arrangements so this product can enter that market unannounced.
Fifth you have to sell underground without tipping the owners of that brand off likewise the authorities.
You've got to be very financially savvy too so you can be able to move money worldwide without losing it,making exchange rate losses and also be able to predict rise and fall of currency so you know when to push money or when to wait.
So tell me,if at all I was a smuggler like your dumbass say,will you call a person that does this successfully dumb or uneducated lol?
Or you think having a low paying,cheap 9-5 job is what make you smart or have a good circle?
Lol the delusions of these NL clowns.Una never see life na.

Good to see that you've started explaining yourself. That's an important step in realising that you're an idiot and probably an incurable one too.
You try to rationalise crime but unfortunately, I'm not interested in your sob stories. You think you are smart but I tell you, you are just one day closer to your comeuppance. If you are lucky, you would be caught. If unlucky, the gendarmerie would dash you a silver bullet that would shut you up forever. Smuggling is a crime and that's what they do to criminals.
Your life is already ruined by lack of parental love and upbringing and it shows in everything you do and say. Don't you realise no one wants to associate with you offline? You are an outcast everywhere you step in. You try to gain recognition and acceptance but the more you try, the more repulsive you become.
I suggest you go for therapy. Try to love your family. Get a pet, learn online skills, read books on emotional intelligence and social skills.

Honestly, I really pity you cos if you continue like this, you are going to be full of regret at old age and a very lonely one too.
That's even if the Gendarmes allow you to live to old age.

Whiteshield:


Good to see that you've started explaining yourself. That's an important step in realising that you're an idiot and probably an incurable one too.
You try to rationalise crime but unfortunately, I'm not interested in your sob stories. You think you are smart but I tell you, you are just one day closer to your comeuppance. If you are lucky, you would be caught. If unlucky, the gendarmerie would dash you a silver bullet that would shut you up forever. Smuggling is a crime and that's what they do to criminals.
Your life is already ruined by lack of parental love and upbringing and it shows in everything you do and say. Don't you realise no one wants to associate with you offline? You are an outcast everywhere you step in. You try to gain recognition and acceptance but the more you try, the more repulsive you become.
I suggest you go for therapy. Try to love your family. Get a pet, learn online skills, read books on emotional intelligence and social skills.

Honestly, I really pity you cos if you continue like this, you are going to be full of regret at old age and a very lonely one too.
That's even if the Gendarmes allow you to live to old age.

Most of the things I said is common knowledge to anyone with brains na.So how exactly am i "revealing" myself?
And as for gendarmes,don't worry,smugglers run their operations from cosy hotels with chilling AC while giving directives to their footsoldiers on phone.
So there's no way the actual smugglers can catch a bullet.If anyone is ever going to get shot,its the boys and not their ogas
Oga will always go and pay off motherfuckers and its business as usual
So you see how dumb you are na?
Trying to be accepted by whom?you people?lol bitch please.

Akin3891:


Thanks, I asked cos I want to know when to put a halt to my mutual funds if it falls below 1.15%. I'm searching for a property worth of 15m that can fetch me say 1.5/2m annually, is this realistic?, if anyone have any ..kindly contact me.

Possible but not likely.

That's like 400k-500k per flat for a 4-flat block.

land alone in an area where such rents are prevalent should be near 10m

But with current T-bills yield, even 1m on 15m property is sweet, provided you can minimize vacancy rates and tenants' defaults.

I know one police estate in Idimu.

it's a condominium sort of. One block has 6 flats. Each flat used to be around 11m for a rental income of 400-500k per year.

There are about 500 units of flats, so I reckon it should be easy to buy.

Rental yield based on those figures is slightly above 4%.

Lazyyouth4u:

Due diligence to buy a bag of rice? Very soon we will be doing DD to buy yam. This country sef

Lol, but why all this buhala about rice, is rice that tasty? There are many alternatives to rice like pasta, noodles etc. Beans is many times more nutritious and has several varieties.

ositadiima1:


Lol, but why all this buhala about rice, is rice that tasty? There are many alternatives to rice like pasta, noodles etc. Beans is several times more nutritious and has several varieties.

Rice is cheap,that's why.

TransAtlanticEx:
Most of the things I said is common knowledge to anyone with brains na.So how exactly am i "revealing" myself?
And as for gendarmes,don't worry,smugglers run their operations from cosy hotels with chilling AC while giving directives to their footsoldiers on phone.
So there's no way the actual smugglers can catch a bullet.If anyone is ever going to get shot,its the boys and not their ogas
Oga will always go and pay off motherfuckers and its business as usual
So you see how dumb you are na?
Trying to be accepted by whom?you people?lol bitch please.

You see what I'm saying?
Why the unnecessary shalaye? Who cares?
Good to see you explaining yourself like a schoolboy accused of stealing candy. That is how you would keep explaining till they cage you like a wild animal just how that caught like Hammani Tijani and you die in jail.

You desperately try to gain acceptance as if you have everything figured out but I can see through your emptiness, hopelessness and cry for validation.
I see how you talk to various posters here and I smile. I see how you roam around desperately try to be someone to reckon with and the more you try, the more you are pushed away. Even your fellow smugglers in Aba are trying to push you away, hence you wanted to add robbery and murder to your list of crimes.

At infancy, you were deprived of love, care and attention and all you do is to make up for what you didn't get at home. You fight for attention. You compete for acknowledgement. Unfortunately, the more you try, the more people push you away. Notice how most posters ignore your posts and refuse to mention you? Really sucks to be you.

TransAtlanticEx:
Rice is cheap,that's why.

Pasta is cheaper now o. About 4 cups of rice will be equivalent to one pack of spaghetti.

ositadiima1:


Lol, but why all this buhala about rice, is rice that tasty? There are many alternatives to rice like pasta, noodles etc. Beans is many times more nutritious and has several varieties.

the average Nigerian consumes 2-3 times more quantity of rice than beans.

It's been 3 months or longer since I for instance tasted beans, even then I ate it with rice.

While growing up too, we considered beans boring, rice was fun.

Then importantly, you can just sell beans without adding much value which Nigerian farmers are used to, so we're at or close to self ssufficiency, unlik rice that needs significant processing before it shines.

ositadiima1:


Pasta is cheaper now o. About 4 cups of rice will be equivalent to one pack of spaghetti.

Yes it is.
But it is only because of exchange rate fluctuations now.
If rice persist at this price,watch how people will switch to pasta,garri,wheat and other things.
It has always been about the price bros.
Let's be honest,semo and garri,which is better and tastier to eat?
I guess semo abi?
Why don't people eat as much of it like garri?price.

ositadiima1:


Pasta is cheaper now o. About 4 cups of rice will be equivalent to one pack of spaghetti.

True.

Just that rice has more "subscribers"-young and old.

Whiteshield:


You see what I'm saying?
Why the unnecessary shalaye? Who cares?
Good to see you explaining yourself like a schoolboy accused of stealing candy. That is how you would keep explaining till they cage you like a wild animal just how that caught like Hammani Tijani and you die in jail.

You desperately try to gain acceptance as if you have everything figured out but I can see through your emptiness, hopelessness and cry for validation.
I see how you talk to various posters here and I smile. I see how you roam around desperately try to be someone to reckon with and the more you try, the more you are pushed away. Even your fellow smugglers in Aba are trying to push you away, hence you wanted to add robbery and murder to your list of crimes.

At infancy, you were deprived of love, care and attention and all you do is to make up for what you didn't get at home. You fight for attention. You compete for acknowledgement. Unfortunately, the more you try, the more people push you away. Notice how most posters ignore your posts and refuse to mention you? Really sucks to be you.

I dey catch fun with your ass and educate you where necessary you say I dey shalaye?
Must really suck to be an old,unwanted woman whose mates are bearing kids already doing 9-5 for a fùcking Nigerian bank
I guess that's where all the negative energy is coming from.
Ask more questions in the form of allegations,I'm willing to answer as much as I can tonight and educate you and your fellows .
Seeking for attention...

TransAtlanticEx:
Yes it is.
But it is only because of exchange rate fluctuations now.
If rice persist at this price,watch how people will switch to pasta,garri,wheat and other things.
It has always been about the price bros.
Let's be honest,semo and garri,which is better and tastier to eat?
I guess semo abi?
Why don't people eat as much of it like garri?price.

I dont chew my swallow.

ositadiima1:


I dont chew my swallow.

Your throat suppose dey taste am now

TransAtlanticEx:
I dey catch fun with your ass and educate you where necessary you say I dey shalaye?
Must really suck to be an old,unwanted woman whose mates are bearing kids already doing 9-5 for a fùcking Nigerian bank
I guess that's where all the negative energy is coming from.
Ask more questions in the form of allegations,I'm willing to answer as much as I can tonight and educate you and your fellows .
Seeking for attention...

I suggest you try to repair your damaged psyche and rebuild your emotional ruins. No one here is responsible for your love-starved upbringing and no one should suffer any more stupidity from you.
I speak for a lot of people here when I say you should talk to people here with respect, decorum and civility. After all, we weren't the ones who said they should not love you at home.

Whiteshield:


I suggest you try to repair your damaged psyche and rebuild your emotional ruins. No one here is responsible for your love-starved upbringing and no one should suffer any more stupidity from you.
I speak for a lot of people here when I say you should talk to people here with respect, decorum and civility. After all, we weren't the ones who said they should not love you at home.

Also treat your bank Job with respect and be very bold to tell people you work in a Nigerian bank upfront,not lie you work for kpmg and all sorts.
I mean,what are you ashamed of?the pay?the stereotype? you think people are stupid and won't know you are not what you want them to think of you?
Please...

TransAtlanticEx:
Also treat your bank Job with respect and be very bold to tell people you work in a Nigerian bank upfront,not lie you work for kpmg and all sorts.
I mean,what are you ashamed of?the pay?the stereotype? you think people are stupid and won't know you are not what you want them to think of you?
Please...

You see why I said your life was ruined by not showing you love? A post by a total stranger giving an accurate description of your poor upbringing and lack of maternal affection and lack of father figure makes you paranoid.
I have never worked in a bank, a financial institution or the numerate field. However, that is not a deficiency as I posses above-average skills at reading people.
Your own case is an open book, very easy to decipher.
If I continue, you may even eventually accuse me of being your family member or parent due to the things I would tell you about your childhood and upbringing.

Whiteshield:


You see why I said your life was ruined by not showing you love? A post by a total stranger giving an accurate description of your poor upbringing and lack of maternal affection and father figure makes you paranoid.
I have never worked in a bank, a financial institution or the numerate field. However, that is not a deficiency as I posses above-average skills at reading people.
Your own case is an open book, very easy to decipher.
If I continue, you may even eventually accuse me of being your family member or parent due to the things I would tell you about your childhood and upbringing.

I no expect you to gree na

Sholapey, I hope you are doing great. Stay blessed.

Akin3891:
Sholapey, I hope you are doing great. Stay blessed.

I'm good, thanks my brother.

Whiteshield:


You see why I said your life was ruined by not showing you love? A post by a total stranger giving an accurate description of your poor upbringing and lack of maternal affection and lack of father figure makes you paranoid.
I have never worked in a bank, a financial institution or the numerate field. However, that is not a deficiency as I posses above-average skills at reading people.
Your own case is an open book, very easy to decipher.
If I continue, you may even eventually accuse me of being your family member or parent due to the things I would tell you about your childhood and upbringing.

Laugh wan kill me. I knew someone was giving him hot the minute he came for me.

You need a family to love you and accept you, you need sensible parents to teach you integrity and responsibility and you need teachers to mould your thinking.

He that has ears...

awesomeJ:

Possible but not likely.

That's like 400k-500k per flat for a 4-flat block.

land alone in an area where such rents are prevalent should be near 10m

But with current T-bills yield, even 1m on 15m property is sweet, provided you can minimize vacancy rates and tenants' defaults.

I know one police estate in Idimu.

it's a condominium sort of. One block has 6 flats. Each flat used to be around 11m for a rental income of 400-500k per year.

There are about 500 units of flats, so I reckon it should be easy to buy.

Rental yield based on those figures is slightly above 4%.

When one thinks real estate it's better to think long term especially with growth prospects of an area,then develop property with organic growth in mind...........

With 15m naira, it's better one acquires a series of land in promising areas than say buying a flat space in lekki especially if one has rental income in mind

Many properties built in areas like amuwo, mazamaza and ikorodu say 15years ago now command the capital used to develop it as rental income......

Yes half of my monthly income come from forex but if i take such, i expect 100 percent of the repayments to come from Nigeria, with the current exchange rates in Nigeria since the last few days, it may be difficult to source forex to repay monthly, i believe the major thing is to find a business or investment like real estate in Nigeria that can guarantee 10 percent return minimum before signing the agreement, what are your thoughts?

emmanuelewumi:



Are you making your income in forex? If yes you can go for it


Study and observe the banks, a lot of them hurriedly liquidated their forex debts some few months ago. Not quite long Naira after this, Naira was devalued

Sure it would've been great those days, I am looking for investment that will generate 10 percent income to take up the offer. This issue of devaluation and unstable exchange rate makes it looks impossible to go for. I will go for field study on this before taking it up.

awesomeJ:

It would have been good in the days of 182 day bills at 17%.
You'd just be buying t-bills and collecting interest to service the loan every 6 months.

But as with most business loans, you have to be sure of a venture that returns at least twice your finance cost ( that'll be interest + exchange rate differential in your own case)
for it to be worth your while.

4% is a good rate.

If you were in the US, it may be better to buy some healthy index Funds that you' LL cash in on buy Q1' 21. Because there's hope for more stimulus money that may push the market some 10,15%.

emmanuelewumi:


There turnover and profits increased.

Dangote sugar, Floor Mills and BUA sugar are the 3 sugar manufacturers I know of in Nigeria.

Presco and Okomu have Palm Oil plantation in Edo state and some states in the South South region, the border closure also favoured them. Importers could not important Palm Oil from Malaysia and other Asian countries

Some still import though, in the name of raw material for processing. And then package to resell.

TransAtlanticEx:
Yes and process and refine them here.
So how do you smuggle and be cheaper than someone that has that kind of capacity in Nigeria?
Bros,you cant smuggle sugar into Nigeria,especially now that naira is very weak.
One of the advantage of devaluation.
Even rice smugglers from The south of Nigeria have stop smuggling it into Nigeria because it will be too expensive due to weak naira.

People still smuggle sugar into Nigeria chief, even as I type. Cost of production over there is way cheaper than here. Moreso, most of those products been smuggled are way past their prime and the cost of buying and smuggling in are cheaper than the locally manufactured ones.

Nigerians are naturally greedy, I keep asking why locally produced goods are more expensive than foreign goods, particularly food stuffs. Every state govt should set up special agency to checkmate the incessant increase of food stuffs, it is getting out of hand.

Few years ago when I visited a local market in Russia near Moscow, the entire market was closed down by the authorities. When I asked what was going on, a Serbian who is also a trader in the market explained to us in English that the (Putin) govt had to close the market due to incessant increase of food stuffs and other goods.

The govt went to negotiate with the producers of those goods and bought lots of their products at a discount price and directly sold them to the people, few days later when the closed market opened, the marketers were compelled to sell their goods the normal price to remain in business.

Today, Nigerians are just giving all kinds of flimsy excuses to increase their goods, particularly food stuffs and cements. Greed and massive corruption from our custom officers in our borders are responsible for the unprecedented increase of goods across the country.