₦airaland Forum

yMcy56:
Pls note that Lead Capital may be excellent in other aspect of investment o, but as for brokerage, not too good in my opinion.

If going with STANBIC, then consder and compare the fees. You fit no do JIJO anyhow there...in my opinion.

Ogechi has been very up and doing at GTL/Mytradebook. Customer response good too.....but site response can be slow during downtime.
Lol. I've been with Mytradebook for quite some yrs and I know this.

GTI Securities/gtiportal go need crash course on customer services/relationship from Ogechi and another crash course on Interative & scalable webpage design from some IT guys of Morgan capital.

Princkez:
ZENITHBANK dividend has dropped.....waiting for AFRIPRUD

Maybe dem dey post am alphabetically, some of us never see alert oh.

elipheleh:
Lol. I know it sounds crazy. I work 2 jobs

Job 1. CONTEC Global. We produce expertraits CERPAC cards for the Nigerian Immigration service. Google CONTEC. The salary is very very small. Not up to 150k in naira monthly.
Job 2. Second job is programming job for a USa company. Salary is 4k US Dollar (ie 3 million naira) monthly. Soon to be increase to 8k monthly.

You are not doing badly at all.

HRSweetness:
This saying your rent should be 1 month's salary, please where do you live? What kind of shelter would that be?

Definitely not any of the metropolitan cities in the following Nigerian states;
Anambra
Delta
Imo
Akwaibom
Crossover
PH
KD
Kano
Abuja
Ogun
Lagos

elipheleh:
My [b]5 days salary pays my rent for the year.[/b]

By the way my rent is 500k a year.

And I've been earning 3M monthly and believing God for 6M per month soon.

Yahoo or Audio salary?

Viking07:
The average Abuja salary starts from 50-70k. 100k is considered a good pay in Abuja. Now which part of Abuja can you rent a decent 1 bedroom apartment with 200k(2 months salary)?

Nigerians in general are suffering from hyperinflation but nobody cares. Price of items keeps going up while salary remains constant. People now use their 3-5 months salary to pay as rent. In gwarimpa. A selfcon is between 900k-1m. How many Nigerians earn 500k monthly? Lol how many can even boast of 200k saved in their accounts at any point in time? We’re joking in this country.

In Abuja, anything less than 30-45% for the average salary earner na either Mararaba, Gwagwalada, Kuje, Bwari village, Zuba, Suleja or Kaduna road you go find yourself.

Pussykills:
Please I need sincere inputs. Those leaving with someone, please don't derail this thread. Just read an learn.

I'm planning on relocating to new area in Abuja but I'm really confused if 20% of salary is too much to pay for rent.

Where I currently stay lacks some amenities and I pay 10% of my salary for rent.

What percentage of your salary goes to rent? How much do you think should be the ideal percentage of salary for rent??

I think the right percentage would allow for proper saving to allow one build his or her own apartment.

Thank you for your responses.

Net monthly or net annual?

OBAGADAFFI:
Peter will deny you, if you follow him

Agbalowomeri:
He wan do shakara Lol. The cost of the 500k is Oga Emma's dividend in UBA

When you are big, you are large. We go like be like una when we grow up.

OBAGADAFFI:
So you have up to 500,000 units of UBA and your are advising people to leave NGX.
That's people here don't take you seriously.

My brother no be small thing oh....
I never fit explain wetin Peter analysis-paralysis did to me with Guinness. Triple Chai!!!

VeeVeeMyLuv:
My dear,
Nigerians (whether from North, South, East & West) are not ready to be liberated
so let the suffering continue.

And they want to remove subsidy.

How can they remove subsidy without first of all removing corruption or minimizing it to barest minimum? How? For gawd sake.

In some sane country when they catch all these big man emblezzing, stealing public fund red handed whether big or small amount of the funds, they will just bundle up the person and execute that person without mercy. Such country will always have no other choice than to make progress in leaps and bounds.

With the way Nigeria is structured, it will be difficult to implement the bolded.

OneCandleAway:
Look at the early morning traffic around mararaba. You'll feel as if you're in lagos.

The High cost of rent keeps pushing people to rent in karu nasarawa when so many houses in abuja are occupied by lizards.

Same thing for those staying around Bwari and Kubwa.
I really pity those coming from Kaduna road, Suleja and gwagwalada axis.
Our elites are extremely wiked.

xpressionx:
The number of buildings in estates unoccupied in abuja is alarming.

The estate I live in Lokogoma,30% of the buildings are unoccupied

How much is the average rent for a three bedroom in Lokogoma?

VeeVeeMyLuv:
The most painful part is that these estates, castles, mansions and fortresses have been lying fallow, empty, idle and unoccupied for more than a decade

While majority of the masses are grappling with lack of accomodation.

Anytime I pass through Jahi and Katampe, cry go begin hungry me.
So many unoccupied estates/houses and yet the masses are looking for affordable accommodation within Abuja to no avail .

Agbalowomeri:
Very fair considering inflation in the last four years. There should have been at least two increments

This man no get love at all.

kalu61:
I have been following you boss and your inputs here are apt.

The real estate sector in Nigeria still remain untapped. Increasing population and over population in Lagos, low government policy to solving the housing needs makes it good environment for investment. The mortgage banks and accessibility of funds should be made easy for citizens especially civil servants.

Here is Port Harcourt, Sun City Garden where we construct for is making huge in road.

Exactly, even to access the recently PENCOM approved withdrawal of 25% RSA balance for payment of equity contribution for residential mortgages by RSA holders na war.

Streetinvestor2:
I know it is not easy but the landlord is considerate. My landlord was increasing every 2yrs before I moved to my house.In 7 years he made 3 increase.

:I
My Landlord na saint be that..

edwardaigb:
Sorry about that, God thank you for giving me the grace to overcome landlord's wahala. I moved into my personal house last week, everybody join me and my family to glorify God for his mercies.

Thank God for you oh.
Moving into personal house for Abuja no easy again because of inflated cost of land and building materials.
The cheapest 3Bedroom semi-detached Duplex in an Estate within the satellite towns here na around 28Million naira for semi-finish/Carcass and 35Million for Basic finish.
How can a civil servant on minimum wage go fit afford one.

emmanuelewumi:
When was the last rent increase.


Rents have gone up by 70% to 100% in last 10 years

5 years ago

Meanwhile, my landlord this hot afternoon gave every tenant notice/letter of upward review of rent by as much as 23.5% in these hard times.
Abuja Landlords go hardly make heaven.

Mpeace:
Somebody should pls ask ote$ to join daar coms abeg una.

We plenty wey dey pray this prayer with you. Also, he can join Multiverse Resources to the mix.

perfectgen:
Add Forte oil; I dodnt only take a haircut on that stock, I became bald; all the way from.162 naira entry price to selling it at 19 naira.

I boy ye!

DrAwo:
Lol...
Caverton never show you shege before...

Maybe because him never enter market in the days of Jegede oil and gas Ltd.

YoungBuffet:
Also happened in Oct 1965

Vawulence everywhere

20A 2P TOMZN DC breaker needed in Abuja.

ytdivine:
I was invited to NYSC orientation camp to give talks on self employment. I saw right inside the camp wasting assets and human resources.
I saw hectares of land owned by NYSC lying idle. I saw untapped human potentials in the youth that could turn the land asset into job creations and money.
I asked myself why the whole verse land was lying idle?
All we need in Nigeria is just change of mentality and right vision mindset because as a country, we have all it takes to succeed

And I have 5,000 square meters land some where in Kuje wasting away.....

yMcy56:
Why liase with Mcy?
For your info, I do not belong to any Whatsapp group...
* Whatever you see me post here are efforts of my own hardwork in my own little way......going out of my way to do readings, observe, study trends, etc.

I was once invited to a WhatsApp group and the day I posted/made appearance there was the day I exited the group due to some biases expressed against my person.
Also, they're more of value/long term investors and me I be trader, I don't really look belonging there. So I quit.

Neither flesh nor blood revealed this to you.

RabbiDoracle:
Very brief without taking questions so that he won't say something off point.

There are still challenges. The regional banks where big funds over the FDIC limits will continue to have a run to the systemically Important Banks (SIB). And since the shareholders and the bondholders of the failed banks were made to lose everything, those investors(bondholders/shareholders) in the regional banks that are still open will continue to sell down their positions because they know that if anything happens, they too will loses everything just like they saw in SVB, Silvergate and Signature Banks.

And that is why currently, we have

First Republic Bank losing 74% just today alone,
PacWest at - 57% today
West Alliance at - 84% today

It now becomes self reinforcing loop where buy as Fed and FDIC solve SVB and signature Bank issues, more banks issues crop up in the same way and they will be forced to intervene again.

As at today they have 3 more banks(highlighted above) that are losing big time.

So will Fed intervene or allow it fail?

If any touch $1, I fit gamble small

Earthquakes:
So why was billions of tax payers money spent on something that is not going to work? Who procured the device? At what price?

APC is really evil, if you are celebrating the robbery that was done last Saturday in the name of elections; may you be rigged out of any position you naturally merited, may any promotion that you are qualified for be swapped with another person in whatever name you worship. Amen.

Nigerians and emotional blackmail. Una no dey tire?
It does not work again in this age wey everybody eyes don open.

yMcy56:
GTCO currently ahead of ZEE...
GT 27.05...
ZEE 26.65/26.95.....range..

If only they could sustain this momentum till May 29.

mendes911:
LOL. I can see what you have done here...

My Oga I did nothing oh....... I only highlighted the most volatile states as far as this election is concerned

Mpeace:
INEC has already done their worse. Most voters in the listed states have had their polling units changed by inec without their knowledge.
They will go to their former poling unit and not be able to vote.

Mine was changed to a polling unit one hour from my previous unit. Mind you no vehicular movement on election day. So i no go fit vote.

You can check your polling unit on inec website.

My polling unit was also changed. How do I trek from Gwarimpa to Dakwa to cast my vote tomorrow with the restrictions on vehicular movement.