Lazyyouth4u:
Most Nigerian airline companies finance the purchase of their aircrafts through lease agreements (another form of OPM). Axxxx Air leases its fleet of planes from European lessors. Go FBN go confirm

When Arik and Aero were taking loans and entering lease arrangements for their fleet of planes, Nigerians were hailing Ibru and that Arumeni man say them dey buy the planes with their own cash. Until AMCON struck and took over these companies and their fleet of planes

ahiboilandgas:
I rather have me investwment in 4 peecent dollar securities than 20 percent in yeye naira...unless am moving back to Nigeria finally and no more dollar expense....

ojesymsym:
OPM!!! I think there is a church so named.

Anyway, OPM in the context of this thread, funny thing is that ahib, NL1960 and lazyyouth are basically saying the same thing using different jargons, terms, grammar, terminologies and different case studies.

ojesymsym:
OPM!!! I think there is a church so named.

Anyway, OPM in the context of this thread, funny thing is that ahib, NL1960 and lazyyouth are basically saying the same thing using different jargons, terms, grammar, terminologies and different case studies.

NL1960:


If not for AMCON, na so dem for dey grant interviews upandan saying they bought the planes with their own cash made from pure water business they started when they were 10 years old.

ahiboilandgas:
This is the risk associated with fixed income in a Nation with weak currency and magicians as cbn governor this was 3500 last year now 5000 ...by the time those yeye bond issued by fgn matured at 11 matured in 2031 this 5 litres will be 25000k

NL1960:


Did he buy others in the fleet with cash?. Why did he not use the cash for the 3 aircraft to get more airctaft on lease basis?.

I know of an owner of a company who thinks in this cash usage way. He wanted to buy 4 Toyota Corrola cars for use in the operations of the company. The cost of a Toyota Corolla then was 4m. He wanted to pay 16m cash for the 4 cars. His eyes were then opened to the possibility that he can pay 4m down payment for the 4 cars and spread the balance repayment over 4 years with a monthly repayment on each car thereby having 12m cash at hand.

So between the owner of Azman air and this business man, who you think say get business sense pass?.

OgogoroFreak:
By 2031 you suppose don grow your ROI on those bond nau.

ojesymsym:
OPM!!! I think there is a church so named.

Anyway, OPM in the context of this thread, funny thing is that ahib, NL1960 and lazyyouth are basically saying the same thing using different jargons, terms, grammar, terminologies and different case studies.

ahiboilandgas:
This is the risk associated with fixed income in a Nation with weak currency and magicians as cbn governor this was 3500 last year now 5000 ...by the time those yeye bond issued by fgn matured at 11 matured in 2031 this 5 litres will be 25000k

ukay2:


You too like headaches

Learn to swim in any ocean like the Nigerian Banks

ahiboilandgas:
been indebted to banks is different from using OPM for asset acquisition or business establishment....the debt might be for route expansion , running cost ,maintance cost, raw material purchase etc ....cos Amcon bought over the debt of the airlines doest show that the airlines was established with OPM ....

ahiboilandgas:
This is the risk associated with fixed income in a Nation with weak currency and magicians as cbn governor this was 3500 last year now 5000 ...by the time those yeye bond issued by fgn matured at 11 matured in 2031 this 5 litres will be 25000k

ahiboilandgas:
This is the risk associated with fixed income in a Nation with weak currency and magicians as cbn governor this was 3500 last year now 5000 ...by the time those yeye bond issued by fgn matured at 11 matured in 2031 this 5 litres will be 25000k

emmanuelewumi:



It is their headaches, no point taking Panadol for other people's headaches.

I have found out that fixed income and Treasury Bills people usually mind their own business, it is people in the real sector that usually give themselves headaches over what fixed income and Treasury Bill Investors are doing with their money.

Ideally an investor should be diversified, by having different Investments and assets like real estate, gold, cash, fixed income, Eurobonds, REIT, shares, etc.

But if you have the temperament, knowledge, experience and time they can also have a small business.

The most important thing is to make sure our Investments generate more that enough cash flow that can take care of our expenses

ojesymsym:
No business school or university go teach you this one, this one na imbibed experience. It is simple and small details like this that determines if a business especially a retail business will be a successful business one or not.

This is what an apprenticeship model teaches you, either from your oga or from your parent/ward.

Anyone with real life experiences?

Lazyyouth4u:


Just seen somewhere that Harvard Business Review is researching the success of the Igbo Apprenticeship System for possible inclusion in their publication. Interesting.

By the way, the success of GT bank was published as a case study that is read and discussed at Harvard. Kudos to Fola Adeola and the late Tayo Aderinokun (and the likes of Aig Imoukhuede and Herbert Wigwe that started GT bank with them). Must read for young aspiring enterpreneurs on how young chaps in their 30s took the bulls by the horn and created an empire in this same Naija while their lazy youth mates were busy day-dreaming and complaining about the economy

ahiboilandgas:
show me the way nah ...daf xf of 3.5m in 2010 now 8 to 9m .....45000 litres tank of 2.5m now 6 to 9m tyre of 30k now 85k ..... battery of 15 now 40k ...Nigeria is a strange land crude is now 67 dollars but naira still 470 but if crude move to 20 naira will drop to 600

emmanuelewumi:
Mail from an Investment Banking firm yesterday

ojesymsym:
Morgan non de give us this kind deal o

emmanuelewumi:


It will depend on the liquidity of the firm.


I don't want to give them unnecessary publicity, but their asset management subsidiary is now the third biggest in Nigeria with hundreds of billions of Naira under management

ojesymsym:
E non go pass United Capital na.

2020 would have been a good time to get this kind of loan.

ojesymsym:
It is taking Harvard to study a successful made in Nigeria model, which our own ASUU from Nigerian universities cannot do.

Abeg link to the report.

We complain about everything and anything rather than lift one finger. Even me sef don already complain about ASUU. lol. that thing e b like say na blood e de.

stevemims:

https://www.tekedia.com/igbo-apprenticeship-system-going-to-harvard-business-review/

emmanuelewumi:



It is their headaches, no point taking Panadol for other people's headaches.

I have found out that fixed income and Treasury Bills people usually mind their own business, it is people in the real sector that usually give themselves headaches over what fixed income and Treasury Bill Investors are doing with their money.

Ideally an investor should be diversified, by having different Investments and assets like real estate, gold, cash, fixed income, Eurobonds, REIT, shares, etc.

But if you have the temperament, knowledge, experience and time they can also have a small business.

The most important thing is to make sure our Investments generate more that enough cash flow that can take care of our expenses

NL1960:


Imagine me retiring and relocating to my village. Wetin concern me with real sector.

emmanuelewumi:



Be careful, loans are a two edged sword. It requires discipline and good understanding of the market to succeed with it.


I make sure, I don't take more than 20% of my portfolio size as loans for speculative positions.

E get why

OgogoroFreak:
The people really feeling this are those salary earners with no other sources of income and salary no increase.

I am a business man. Everything price don increase. Funny thing is, I now make far more profit than before.