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Investment / Re: What Is The Purpose Of Financial Statements Part 2 by bnanzip(m): 7:49pm On Sep 01, 2022
A financial statement like a balance sheet is useful in assessing the financial health of a company. From it, you can calculate the current ratio and quick ratio, debt to equity ratio, working capital, etc. You can follow the link to find more on a balance sheet, the accounts, the equation, and the importance.
Business / Re: How To Do A Balance Sheet For A Business Start-up by bnanzip(m): 7:45pm On Sep 01, 2022
I have written a detailed post about the balance sheet that can be extremely useful for beginners. You can find the templates and examples of the various types of balance sheets and also see how to make your own balance sheet.
Business / Re: The Balance Sheet: A Sample Of Financial Statement by bnanzip(m): 7:43pm On Sep 01, 2022
A balance sheet is an important financial statement useful in assessing the financial health of a firm. From it, many ratios can be calculated to know how well the company is performing financially.
Career / Re: How To Create Your Own Personal Balance Sheet: by bnanzip(m): 7:33pm On Sep 01, 2022
A Balance Sheet is one of the financial statements that every entrepreneur, accountant, auditor, and business expert is expected to have a proper understanding of it. It is a very useful tool for investors in assessing the financial health of a business.
In the link below, I have written an extensive article on Balance sheet Accounts, equations, and examples as well as many downloadable templates that you can use to create your own statement of financial position.
Education / Re: Explain Balance Sheet: Define Assets, Liabilities, And Net Worth by bnanzip(m): 7:28pm On Sep 01, 2022
A Balance Sheet is one of the financial statements that every entrepreneur, accountant, auditors, and business expert is expected to have a proper understanding of it. It is a very useful tool for investors in assessing the financial health of a business.

A detailed write-up on Balance sheet Accounts, equations, and examples as well as many downloadable templates can be found here.
Investment / Re: How To Invest Effectively! by bnanzip(m): 5:09am On Aug 18, 2022
Common stocks are good assets to investors and therefore should be a priority when you are looking for ways to effectively invest.
Career / Re: ASSET AND LIABILITY (Lucky Douglas Atafo) by bnanzip(m): 5:06am On Aug 18, 2022
Another asset you can acquire is common stocks, though some people consider them to be liabilities to the company that issue them, they are assets to an investor. Therefore the argument whether common stocks are assets or liabilities is because they mean different things to the company and investors. I would advise you to get common stocks of good companies that have been known to pay dividends; these income stocks can continue to bring passive income for you in many years to come.

1 Like

Investment / Re: 10 Rules Of Money Management by bnanzip(m): 8:46pm On Aug 09, 2022
Money management or financial management is crucial for wealth creation as it guides you on how to effectively use your funds in the best possible way.
Nairaland / General / Re: Must Read For Money Management!!!!! by bnanzip(m): 8:45pm On Aug 09, 2022
Basic knowledge about the principles of financial management is helpful in wealth creation. These principles serve as a guide to managing your finances. You can learn more about the functions of financial management: https://www.financialfalconet.com/functions-of-financial-management/
Career / Re: Understanding Financial Management: Finance For Non-finance Managers by bnanzip(m): 8:41pm On Aug 09, 2022
Understanding the principles of financial management is crucial for the efficient and effective management of a company's funds. There are many functions of financial management that every prospective financial manager is expected to have known. You can learn more about financial management functions and its principles here: https://www.financialfalconet.com/functions-of-financial-management/
Business / Re: How To Achieve Competitive Advantage By Improving Employee Welfare by bnanzip(m): 11:41am On Aug 06, 2022
Achieving a competitive advantage is good.
Investment / Re: Nigerian Stocks To Buy - 2024 Best Performing Stocks by bnanzip(m): 12:18am On Jul 30, 2022
I advise that you take a look at the different market prospect ratios (financial ratios) that help you value a stock or a company before you think of investing in stocks. Understanding these ratios will allow you to make better decisions than just following the crowd. For example, a company may have negative treasury stock and you wonder what that means on their balance sheet.

What do you know about shares? What do you know about the ratios used for assessing the profitability of stocks or companies? You must know these things. If you don't, then you are not ready for long term investment in the stock market.
Business / Content Marketing Strategies by bnanzip(m): 5:04pm On Jun 14, 2022
There are many ways you can market your content in order to drive action. This is what content marketing is all about. It is an important aspect of marketing that is cost effective because you get to write the content yourself. FOllow this to learn more about content marketing and content strategy.
Business / Re: Content Marketing For Startups In 2022 by bnanzip(m): 4:56pm On Jun 14, 2022
Another type of marketing that is untapped is inbound email marketing or you tap into the benefits of mobile marketing.

1 Like

Investment / Re: Investment Branding:Get An Article Written &Published In Your Name In Newspapers by bnanzip(m): 5:48am On Jun 14, 2022
Learn about Mobile Marketing
Investment / Re: How Cryptocurrencies Are Empowering Nigerians by bnanzip(m): 3:57pm On May 31, 2022
Cryptocurrency helps to empower people by creating jobs, this helps with the issue of unemployment that is high in Nigeria. The only downside to this is that it is risky and you can lose your money when the coins drop.
Politics / Re: Sign In Into Inec Portal To View 2021 Anambra Governorship Election Results by bnanzip(m): 7:39pm On Nov 06, 2021
Praxtech:

INEC will not use a .com domain

INEC is supposed not to have used .org or .com, but only .gov
But the reality is that they used .com for their website and the same thing for the result checking portal.

I expect them to have used results.inec.gov as the subdomain for checking results and inec.gov for their main website but we are in Nigeria.

So the truth is that, the link is truly that of INEC.
NYSC / Re: Ransom Payment For Corpers Traveling On High-Risk Roads - NYSC Denies Report by bnanzip(m): 2:53pm On Sep 24, 2021
dettolgel:


Before the end of today they will come back to say it was a printing error.

No be Naija. APC government format:

Step 1: outright denial that it was a lie

When the people bring more evidence, then move to step 2

Step 2: accept but blame it on someone else.

In this case it will either be blamed on the printer or the reviewer

Step 3: Ask corper to ignore that section that an updated copy will be sent out

Step 4: allocate funds for updated version. Wait long enough for the people to get distracted by another boko or herdsmen attack and then embezzle the funds

You have really studied this government.

They have moved to step 2 already. Nysc has accepted it. See premium times.https://www.premiumtimesng.com/news/headlines/486560-just-in-nysc-admits-pamphlets-contain-advice-on-ransom-payment-begins-probe.html

1 Like 1 Share

Politics / Re: Kwamoti Laori: Each Rep Gets N100m For Constituency Project by bnanzip(m): 12:00pm On Sep 11, 2021
Is the 100m yearly or every 4 years?

2 Likes

Webmasters / Re: Nairaland And Other Nigerian Websites Can't Be Accessed Without VPN By Nigerians by bnanzip(m): 1:16pm On Jun 17, 2021
404Dev:
It's just a network issue. Even mtn was down around 4am this morning couldn't access anything except Google domains. But was restored around 6
Yeah, it's true.
Webmasters / Re: Can't Access NL Without VPN Lately. by bnanzip(m): 7:59am On Jun 17, 2021
Emeka71:
I couldn't access the web yesterday and I believe is a network issue of airtel.
Yes, it's Airtel issue

1 Like

Webmasters / Re: Nairaland And Other Nigerian Websites Can't Be Accessed Without VPN By Nigerians by bnanzip(m): 7:54am On Jun 17, 2021
Emeka71:
I am using airtel and I couldn't log-on yesterday to any site the data was not working on 4G and even others and I believe that was a network issue of airtel because I couldn't even access facebook.

It is an Airtel issue.
Webmasters / Nairaland And Other Nigerian Websites Can't Be Accessed Without VPN By Nigerians by bnanzip(m): 7:31am On Jun 17, 2021
I could not access any Nigerian website, not even my own website but I could visit foreign sites like Facebook and Youtube and even my website host. I am currently using a VPN now to type this. Even my website, Punch, and other Nigerian websites cannot be accessed. It was only Vanguard news I could accessed without a VPN.

The funny thing is that websites outside of Nigeria can be accessed such as Youtube, Facebook, etc.

I called my Web host abroad and they said they could access my own site. Which means foreigners could accessed Nigerian sites but Nigerians cannot accessed Nigerian sites.

I called Airtel and they refused telling me anything about it. That my issue will be resolved within 18 hours. I asked the call rep that are they blocking Nigerians from visiting Nigerian websites? and she simply told me they will resolve my issue. I told her it was not my issue but the whole of Nigeria because I had another airtel number and it has the same issue. I used my MTN number and it had the same issue.

If Nairaland records a drop in internet traffic, it is because of this issue.


I think they are up to something.

UPDATE!
MTN has rectified its own.
Airtel still persists on both router and normal phone. It is an Airtel issue.

Cc: Seun,
Lalasticlala
Webmasters / Re: Can't Access NL Without VPN Lately. by bnanzip(m): 7:23am On Jun 17, 2021
The same thing with me also. I am using a VPN now. Even my website, Punch, and other Nigerian websites cannot be accessed. It was only Vangauard news I could accessed without VPN.

The funny thing is that websites outside of Nigeria can be accessed such as Youtube, Facebook, etc.

I called my Web host abroad and they said they could access my own site.

1 Like

Business / Re: I'm Starting A Fintech Company, What Advice Do You Have For Me? by bnanzip(m): 7:54pm On Mar 11, 2021
Ifesinachi22:
If i have the money. What i should start in Nigeria and make billions of naira annually is a stock brokerage firm. A broker that will allow Nigerians in particular and Africans at large to buy and sell stocks listed on NYSE, Nasdaq and AMEX to name a few.

If you are an investor you will understand how terrible it is finding a broker that will allow Nigerians invest directly on any US stock. I know there are handfuls of brokers already in Nigeria like Passfollio, Trove, Chaka and Bamboo, but this firms only list companies they feel are safe thereby limiting your chances of making a big money from start up companies. This companies limit the kind of stocks you can trade. They don't list all the US stocks. In fact, they don't have up to 20% of the stocks. Passfollio is even better because its free commission trade. The only one left Nigerians can use is ChoiceTrade with poor interface, old website they have refused to update just like Nairaland grin ChoiceTrade is based in Chicago but Americans don't use it. How will they use it when they have hundreds of competitive brokers to choose from?

Many brokerage firms like Interactive brokers, TD Ameritrade, Trading 212 and Trade Station, allow every other African country except Nigeria. Reason being that Nigeria is a Red Zone. Insurgency and fulani Herdsmen. I almost cried one day begging a customer care representative to allow me open an account with them. He said based on regulations, Nigerians cannot open an account with them. Its a sin being a Nigerian and very frustrating if you are a stock market trader.

If i have the technical know-how, I will start a stock brokerage firm that can allow Nigerians trade the US stocks directly. I'm going to make it big and my clients will make big money too.

Iam interested in this too but I need someone who has years of experience and knowledge of it.
Business / Re: Please What Business Can I Do Alongside My Nursing Job. by bnanzip(m): 8:31am On Jan 03, 2021
If you don't want to lose your money, don't go into any business while working. Business needs your time and presence to grow. Save your money and do something else with it.
It is better you buy land and resale after sometime than running a business while working.

1 Like

Business / Re: Which Business Can I Start With $40k In The Current Day Nigeria? by bnanzip(m): 6:11pm On Jan 02, 2021
Just asking out of pride. You mean you have 19 million and you don't know how to invest it and you are asking those who don't have?
Is Nigeria even using dollars that you are asking what to invest dollars in?

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