afroxyz:

Likewise the entry barrier for a club is capital intensive. Thats why most footballers don't own clubs.

afroxyz:

Thats why i outlined their achievements. They also play the same position. Using your line of argument, i guess a filling station should pay a pump attendant who adds value more money than other attendants right?

afroxyz:
Sergio Ramos and Varane are teammates at Real Madrid. They are both central defenders. They are both World cup winners. They are both multiple champions league winners. Yet Sergio ramos earns twice as much as Varane. Why didnt they peg their salaries to their positions as you see corporations do? Can a bank pay two tellers doing the same job different diffrent salaries?

afroxyz:


So if Ihenacho plays for the Super Eagles he is an employee of NFF?

afroxyz:


A footballer negotiates how much you would pay him and the period of years he would play. He even add clauses and can request for transfer if he wants to leave. If he is a free agent he pockets all transfer fees for himself. This is aside other endorsements. Does that look like the workings of an employee?

Ronaldo makes almost a $1m per tweet. He has hotels and investments. Gerrad Pique has a football club in 3rd division.

NL1960:


Why play for a club and collect salaries when you can form your own club and be making more money from ticket sales, TV broadcasts and betting.

Lazyyouth4u:


It’s not so o. The footballer is an employee of the club. The club pays his weekly wages and then the club makes all the money received from broadcasting the football to millions across the world.

The same way Access Bank or Shell pays its staff and then makes the money from selling their products.

Lazyyouth4u:
Because there is something called specialization. We do what we are good at and get paid top money if we are good at it. The same way some people like entrepreneurship, is how some enjoy the jobs they get paid for. Why should they leave these jobs that pay them well to go and do business?

Many entrepreneurs are forced into it because they couldn’t find top paying jobs. Many of them will leave their business ventures without thinking twice if they are offered correct jobs at banks or oil companies.

Donbrig:
Capital flight is one of the biggest problems facing our local currency, BDC traders are only a small fraction of the problem.

If you know the amount of dollars Nigerians (mainly politicians) are transferring out of the country on daily basis, you will know it is a great miracle we still have an economy and a country called Nigeria.

Lazyyouth4u:
I’m guessing well paid football players should also leave football and go and do business instead of collecting fat wages

Lazyyouth4u:
Because there is something called specialization. We do what we are good at and get paid top money if we are good at it. The same way some people like entrepreneurship, is how some enjoy the jobs they get paid for. Why should they leave these jobs that pay them well to go and do business?

Many entrepreneurs are forced into it because they couldn’t find top paying jobs. Many of them will leave their business ventures without thinking twice if they are offered correct jobs at banks or oil companies.

Lazyyouth4u:


Most tenants that owe are entrepreneurs. Speaking from experience here...

Lazyyouth4u:
For every 10 year observation of an entrepreneur doing better than an employee, there are more observations of employees doing better than entrepreneurs.

If we use observations of real landlords (not audio landlords), then employees are doing better. Most problematic tenants are entrepreneurs!

MercyBA:
Good evening house, please am applying for tier 2 visa soon I want to know if I can use my parents statement of account for the first month fund,or it has to be my own personal account.

emmanuelewumi:


If you have $1 million in four bank accounts, how much will you get

Lazyyouth4u:


250k is maximum insured. You can get more depending on how much is raised from liquidation.

Lazyyouth4u:


Exactly. There’s a book on his exploits. Barbarians at the gate...

emmanuelewumi:



SEC does not allow junk bonds in Nigeria. The conditions are very stringent in Nigeria. The bond Market is over 40 years in Nigeria and there is no report of any that went bad, I think that is highly commendable.

Pension fund managers came to scene about 15 years ago

emmanuelewumi:



That is the highest they can get


Will also be prorated. Those will $1000 might get $500, those will $10 million will get maximum of $250,000

Lazyyouth4u:


Please have an open mind. Not all corporate bonds are secured and not all are senior.

Corporate bonds are not failing because in Nigeria, the bond investors are typically pension funds that can only invest in investment grade bonds.

Do you know there are high yield investors that invest in the subordinated instruments of high risk companies in Nigeria that people do not hear of? If these high risk companies fail, you won’t know na.

In developed countries, there are some investors that specialize in investing in only junk bonds. They may lose money in many investments of companies that go bankrupt but when they clean out, they clean out big time.

emmanuelewumi:



So a business that has 1 million pounds will get maximum of 85,000 pounds

emmanuelewumi:


Kindly Google the liquidation of a bank. Bond holders are secured creditors and will get 100% of their funds, depositors are unsecured creditors and can't get 100% of their funds. It is maximum of 500k in Nigeria

Tmeegal:
Please does anyone have a contact phone number of TLS Ikeja ??They take forever to reply emails .

Maiyakz:
Hello Guys,

Hope you are all doing good?

Am filling out a dependant visa on my 'Tier 2 work visa' for my wife. As an evidence from my bank to show financial support for her do I need to just show am paid enough to take care of her while here i.e. payslips and bank statement? or should it be a savings of a substantial amount? Will either of the two be okay?

Your response would be appreciated. Thanks

goryorhal:


You have any idea of which card i can use ??
Thou i just recently got the card and haven't use it before ........

budaatum:


After four months of relative calm, the Turkish lira is once again doing what it does best: slumping against every major currency. It nose-dived 17% overnight to near all-time lows, hitting 8.39 against the dollar and 9.97 against the euro before recovering later on, ending the day down over 7% against the dollar, amid concerns that the central bank and state-owned banks cushioned the fall by selling dollars into the market, thereby further depleting Turkey’s already scarce foreign currency reserves. The lira has lost half of its value since its currency crisis began in 2018.
https://wolfstreet.com/2021/03/22/after-shock-awe-rate-hike-turkeys-central-bank-governor-gets-sacked-and-all-heck-breaks-loose/

ojesymsym:
Thanks for your feedback.

The common denominator here seems to be Medina Estate. Someone mentioned Yetunde brown also, how does it rank compared to these?

hosey:

A freind currently in the he UK just got a job in the health sector and they are asking for Criminal history in Nigeria which can be proofed with police clearance.

How can he obtain the form for police criminal record for CRB? Does he need to come to Nigeria?

Thanks.

justwise:


I totally understand the issue here but this is my problem.. why should Nigerians have to contact a govt official privately to go job done?

Why can't this be done openly for everyone that needs such service? The more we keep referring people to this official privately the more he will abandon his official responsibilities for side deals.

FieryJoe:
Thanks. Please what is the link to fill the form for Police clearance. I learnt I can as well submit from my state Police Headquarter.

Olorunfemi101:
Thanks. I wish to know if there is expiration to it and also, will my partner have it done too please, maybe not for the school purpose but for Visa application?

solalal36:
Hello, I recently got a conditional offer for postgraduate admission. However, one of the conditions is to "provide satisfactory documentation which evidences reasons for gap in studies".
This is where the problem lies.... I graduated in 2018 and finished NYSC service year in October 2019. I have documents to prove this.. I got a small teaching job January 2020(no appointment letter, no documents at all), three months later, Corona pandemic came and when schools resumed, the owner closed down the school(Mental breakdown). So, I haven't been employed since then but I have been tutoring university applicants. Please, how do I provide documents for the last one year.
NB: I gave this info in my personal statement..

cc justwise