₦airaland Forum

Jejebabaa:
Oga, if no be say Buhari don close border. I for tell you say make you enter bus go Ghana go do treasury bills. Below is their interest rates.

healthserve:
Exactly what people say. I did back and fail so its bad. Mind stating the businesses you did. Area you set it up. What went wrong. What could have been done right? Why you think its a bad idea.


Disclaimer: I'm not soliciting for patronage or money or private discussions

Jejebabaa:
https://punchng.com/cbn-stops-treasury-bills-sale-to-individuals/
Guys serious trouble is looming as from Nov 29. If you have opportunity to lock your fund now for longer terms above 10% please do so asap. Treasury bills might go lower to single digits rate if care is not taken with all these CBN monetary policies. I never expected Emefiele to go this "low".

abimbola01:
https://punchng.com/cbn-stops-treasury-bills-sale-to-individuals/

vanida6:
Yes

healthserve:
I'm sure this doesn't answer Lionhearted question. If the principal's existence ( Nigeria ) ceases to be, what then will vested interests ( Contracts ) be hinged upon. I believe we both know the obvious answer to that question Sir. In historical context, there are many yet to be fulfilled contracts till today that follows the same character and spirit of the FGN bonds and co as of today. There's never a completely risk-free investment.

To play safe, given the risk-averse profile at the moment that threaten's the nation's unity/existence, investments should be from medium to short term, as any other thing implies gambling whatever way we like to describe the risk exposure as, low, very low, extremely low or fast Sir.

Bbbwings:
Where do you subscribe.
Banks?

OgogoroFreak:
Yes, that's savings bond.

Can we get Federal Government bond for less than 50M?

Lionhearted:
What happens if Nigeria cease to exist?

Homextras:
I heard ban on secondary market has been lifted, how true is this? Got the info from stanbic ibtc bank customer rep today..

OgogoroFreak:
Wow! That really smart.

But I think federal government bond is from 50m? And savings bond which can be done with less than 50m always have low interest.

healthserve:
I was commenting innocently I was accused as fraudster by people who couldn't maintain an intellectual debate. I'm sorry Sir. I rather won't comment on the forum anymore Sir. Sorry

emmanuelewumi:
I am sure no one will ever dignify the jack of all trades guy with a response.

RealityShot:
Am just laughing at our stupid banks that are most likely loving this new cbn idea..

by the time we all leave the 500 billion that is chasing tbills in our savings account for 2 months..

ALL of them will default on their DLR and they will pay better FINE!

who will collect loan at 23% with his whole life plus sureties ?

CBN will fix this mistake quickly..
Hakuna Matata

OgogoroFreak:
Tbills is closed for individuals for now. Buhari want make people suffer till further notice.

What else do you want us to discuss in tbills again?

Donbrig:
Nylon business is a no go area, the govt is truly making plans to start a harsh campaign against that business because of the environmental harzard plastics normally cause, it takes hundred of years for a plastic waste to decay and Nigeria is yet to have good system for recycling plastics or introduce a more environmental friendly plastics to Nigerians, like they have in Europe or America. My family has a nylon business and we have received several letters from different govt agencies.

mercifull:
This months offer has reduced by a whole 1percent. . Those that subscribed last month,una own better .
Are the rates likely to go up or down going forward?

healthserve:
Every business we must do Sir as our dad's did workers must have duties to do from day to day and comprehensive reports needs to be sent to service head. All we need to do Sir is sip drink and review business reports. With ordinary graphic charts any business failures, successes, strong areas , weak areas can be identified or and improved upon


Thing is people say businesses fail. Let's ask do they maintain data analytics of performance in their business so milestones can be setup, performance improved and sustainability which ensures business presence and continuous productivity can be attained.

Primusinterpares:
Oga I own a bike and my driver balances me 10k every week...bike's on HP...
if aboki carry you sometimes and they mistakenly bring all the money in their pocket in a bid to look for change you go open mouth o. forget say dem Dorty o... There is clean money on the Street.
Main while tomorrow is Sunday I await my osusu from my driver...
#dont say what you don't know man

athorello:
Actually the bank is the best place to earn 80k.
I don't know of UBA but in some banks, contract staff get overtime, atm duties, and leave bonuses, etc.

Then add, illegits like pecks from customers and extra runs in some units, links with BDCs, yahoo boys, etc.

Also, the average pay to full time bankers is cool, add allowances and bonuses, profit sharing in some banks, a banker will do very well, easily venture into business or relocate to Canada through dedicated savings.
There's always mass exodus in banking that's one main reason they're always recruiting.

jay7:
Bro am a livestock farmer and a transporter so I know what am saying except if people did not move in a day that's when a transporter will not eat and as for the car, the money the car makes is enough to feed and repair it. Don't over do, just plan well and give birth to the number of kids you can train conviniently without having to over work yourself.

iammo:
lol, Bus in lagos is sweet business, some drivers actually pay you the money upfront for your bus, especially the ones around ikotun - igando..

I was telling someone that the main reason Ambode got kicked out was him planing on phasing out busses with his own busses,

Quorax:
Where will you want this done?

Its time consuming and I have my own hustle that needs my attention.

stanliwise:
Enterprenurship has been over beaten, oga some entrepreneurs can't fund their house rent.
Don't be deceived, entrepreneurship isn't for everyone.

healthserve:
I did that wo



I've managed at least 70 ventures across 15 sectors so I know. In fact my specialty is working on financially moribound businesses and bring it back to profit track. Nevertheless, your opinion is highly valued. Mind stating your reasons Sir?

healthserve:
There are lots of businesses Sir


1. Food processing industry be it sea food, poultry crop. Just processing oh not even the food production aspect



2. Marketing - Bulk wholesale supplies of commodtieis like carbonated drinks etc


3. Retail Gas supply


4. Logistics chain for goods delivery


5. Nylon production


6. Nylon Marketing


7. Plastics Recycling


8. Supermarket.

There's a lot. If we're open to critical review of business blueprints first before going ahead to forge them on ground, you'll realise many businesses gives 50% and more annually Sir. Ive managed businesses across diverse fields for people so I know

Realhommie:
Stupid blunder to give away the Pk.

All the blame goes to the coach.

contumely2:
There is more to this than meets the eye. Seems what you are stating are for public consumption. It's understandable. PETROL STATIONS DON'T RELY ON 10 PER LITRE ISH.

Petrol stations buy from "bunkery" at a very cheap rate. They go there at times armed. I know a petrol station in Onitsha that is into it full time. (I know you must know about it.)

They also tamper with metres. If you take a 20 litre gallon to any station, at least 25 litres will be needed to fill it. Some stations have been sanctioned for this and I am sure those are the ones that didn't settle the inspectors ---- I think they are from DPR.

All these are first hand experiences.

If petrol stations sell or rely by the margins you are quoting, then 90% of stations would have closed. There are many stations here that can't sell upto 5,000 litres daily.

It's just like a governor contesting just because of salaries he will be paid --- not upto 1m sef.

But he will embezzle billions through contract inflation etc.

Almost all big money in Nigeria are from illegalities and standard breaches.

Tamel:
Mehn that dribble loud o