₦airaland Forum

I read this and I think it will be beneficial to some who may be interested.

"Following the border closure in Nigeria, there is growing interest among farmers to go into rice farming. One thing is certain, as long as the border remain closed to the importation of rice into Nigeria, there is a ready market for rice. Rice is a staple food here in Nigeria. Even if you are not in Nigeria, I don't think that there is any country where they don't consume rice....https://legitsmallbusiness.com/start-rice-mill-business/

tobilavish:
This is a wonderful opportunity for people without dogs to own one.....

Thanks for this opportunity

Although I am not interested..I have mine and she means the world to me..

I might refer my friends


Can you post their pictures or are you using Whatsapp

Can you whatsapps me via the number above

Taxation is one of those things that will shake 2020. Read details here.
https://outsourcetonigeria.com/taxes-in-nigeria/

New Policy on Taxes in Nigeria
Individuals and Non-Individuals in Nigeria need to take interest in knowing about taxes in Nigeria. Many things are actually going on in the background which many people are still ignorant of. But I can say that there is fire on the mountain. I hope you hear me well. There is fire on the mountain! Therefore, you have to run, run and run. But where are you running to? Unfortunately, no matter how fast or how long you run, there is nowhere to hide.

So, if there is nowhere to hide, why sounding an alarm? Well, to be forewarned is to be forearmed. Knowing in advance what can happen help you to be well prepared. If you are sensitive to the happenings in the country, you will understand that taxes are fast becoming a focus for generating revenues for all levels of government. Naturally, we don’t like paying taxes here in Nigeria. But with the initiatives being taken by the government, Nigerians may not have choice but to be tax compliant. This is the essence of this article.

If you don’t know, Senate has passed a Finance Bill that makes it mandatory for individuals to presents their Tax Identification Number (TIN) as a requirement for opening, maintaining and operating a bank account in Nigeria. This law is billed to take effect from 2nd January 2020. However, because of the short notice to bank customers, I guess that there may be a need for banks to give a grace period so that customers will have ample time for the TIN registration so as to be able to comply with his new policy. However, it is possible that you have been assigned Tax Identification (TIN) without your knowledge. If you have enrolled for BVN, NIN or you work in an organization that remits Pay As You Earn (PAYE), there is likelihood that Joint Tax Board has assigned you a TIN. For the self-employed, you might have been assigned TIN at the point of registering your business or company especially if the registration is done recently. But if you are in doubt of whether you have a TIN or not, you can verify this from the JTB Portal.

If you realise that you don’t have Tax Identification Number yet, then you need to quickly register. So, after registration, what next? Well, the breaking news is that you are now in the tax net. Your TIN is automatically linked to your bank account. I hope this is not causing you panic already. I believe that many people share your feeling. That is, you are not alone. “All have sinned and fallen short of the glory of God”. The big question now is “If thou shall mark iniquity, who can stand?” At this juncture, every Nigerian needs to do self-assessment so as to determine where he stands. Thereafter, the next thing will be to ask Nicodemus’ question, “what can I do to be saved?” No matter the situation or challenge, there is always what to do. So, what can you do? Below are the steps you need to take............
https://outsourcetonigeria.com/taxes-in-nigeria/

Have you ever thought of having a dog? Many people actually would have loved to keep a dog but the price of getting one can be scary to average income earners. But the truth is that, you don't necessarily need to have a foreign bred dog. Foreign dogs can be very expensive. Also, they need proper and adequate care such as foods and vaccination. Except it is extremely important that you have a foreign breed, local breed can actually serve some purposes. They are less expensive to maintain. Ever since I have been keeping dogs, I have discovered how important they can be: For instance,

1. They provide companionship. Besides, they actually communicate. They have a special way of welcoming you.
2. They alert of any intruder whether a person or animal.
3. They keep strangers or unwanted guests away
4. They provide certain level of security.

I started with a male dog. As it began to grow, I felt I should give it a female dog as wife. If you like, you can say that I arrange their wedding. Now after few months, they welcome their babies, four puppies (one male, three female). They are now more than two months old. However, I don't intend to keep them. If you are in Lagos and are interested, you can call 08024768668 to make inquiry.

Getting antivirus software is very simple these days. You don't need to go to Computer Village or any Tech market to have one. Purchase, downloading and installation of antivirus can be done right from the comfort of your home or office as long as you have access to the internet. I need to mention that free antivirus does not provide adequate security for your system. Prevention is better than cure. System attack is not caused by virus only. Your system is faced with many other threats. Read details below:
https://www.otnconsultinglimited.com/index.php/software/antivirus

I totally support the person above me. Some people think that using free antivirus software is enough. The truth is that, free antivirus does not provide adequate security. With the number of possible threats today, it is advisable to protect your investment on your system and your information. The article below is just an eye-opener to me. Before I thought that virus is the only thing that can attack a computer.
https://www.otnconsultinglimited.com/index.php/software/antivirus

Wha o. Is it only me that noticed the large maize plantation

Don't wait till you are big before you start playing big, otherwise you may find yourself in an embarrassing situation just because you are not used to the lifestyle. There are Chinese restaurants around that you can visit to have a feel about their menu. If you are looking for Chinese restaurants around you, just visit the link below:
https://restaurants-nearme-now.com/chinese-food-near-me/

Have you heard about Subway. I think it is the largest restaurant chains so far. You can find out if there are Subway locations in your area here.
https://restaurants-nearme-now.com/subway-near-me/

Melange between 100kg and 120kg for sale in Lagos call or whatsapp 08028196013 while the stock last

Melange between 100kg and 120kg for sale in Lagos call or whatsapp 08028196013 while the stock last

I actually got someone. I will keep in touch with you any time there is such. Thanks for your responses

If you are in Johannesburg, you can find best Chinese Restaurants from the link below
https://restaurants-nearme-now.com/chinese-food-near-me/

Definitely, this is for people living in the named cities in USA. If you are in other cities or country, you will need something general like https://restaurants-nearme-now.com/

Some Nigerians are making money through Fiverr by writing articles. But the only downside is that Fiverr is very competitive. Being a good writer does not guarantee you will get offers if you don't know how to promote yourself.

The good news is that if you are a good writer and can do some research work, you can get as much writing jobs as much as you desire right here in Nigeria.

If you are a good blogger or you have good writing and research skills, you can drop your email address and whatsapps number below.
You determine the limit you can earn per month.

If you get a loan of N5m, would you use it to get your second degree or invest the money in business? You need to take Nigerian factors into consideration

I think we need to add this:

Borrowing for burial ceremony: People spend so much money on burial. Ironically, when the person was alive, he/she might not get good food to eat. But after death, children will paint the house, buy expensive coffin and throw a big party with different aso ebi.

That is very impressive.

ehbellsho:
truth well said.

But truth is bitter. Only few can swallow it

Are you planning to take a loan? People take loans for different reasons or purposes. And there are different types of loans to meet the demands of the teeming borrowers. There are auto loans, personal loans, mortgage loans, payday loans, student loans and business loans. Just to mention but few. The duration of loans may vary depending on the type of loan you take, the purpose of the loan and the availability of cash to repay. For instance, if you are taking a loan to buy a house, it may take longer time for you to repay than when you are taking a loan to buy a car. Also, somebody taking a payday loan to quickly bridge a liquidity gap may just have one month to repay the loan.
Loans have its upside and downside. Loans can provide you access to funds so that you can attend to some issues when you don’t have your own personal money. This means that with loans, certain things may not necessarily suffer just because you are short of cash. Loans can also help you seize some opportunities. A good example is when you take a business loan to finance a lucrative project. However, if you want to take a loan, you need to assess your situations carefully so as to determine whether taking a loan is the right decision for you. If you are taking a loan, you need to take the right type of loan, the right amount and at good terms. If care is not taken, loan can drag you into debts that you may not be able to recover from easily.

Read Also: Using Debt Avalanche Strategy to Get Out of Debt

Before you are granted a loan, some lenders will require that you pledge a collateral. The collateral can be your car, house or deposit certificates. If you are unable to pay the loan, the lender will sell the asset you pledged as collateral to recover his money. That is why it is very important that you are sure that you will be able to pay back a loan before you pledge your asset. Otherwise, you stand the risk of losing the asset. Besides, when you borrow money, the lender will charge you interest. The rate of the interest you will be asked to pay depends on where you are getting the loan from, the type of the loan, the collateral you pledge, your credit score, the amount involved and the duration of the loan. So, you need to bear in mind that you will not only pay back the principal. You will also be required to pay interest. This is where the problem lies. If you don’t pay back the loan on time, the loan will continue to grow while the interest keeps accumulating. And the interest will also continue to accumulate further interest. That is why a loan of $5,000 can grow to become $10,000. That is the power of compound interest. For this reason, it is important that you borrow money for the right reason(s).

I have highlighted below three bad reasons to take a loan. I know many people may not agree with me. Well, it doesn’t matter whether they agree. That does not stop me from saying what I think it is good as far as personal finance issue is concerned.

Read Also: How to Build Credit Score Without Going into Debt

Bad Reasons to Take a Loan
Wedding ceremony: According to data released by The Wedding Report, Inc. “The average wedding cost in the United States for 2017 was $25,764. Couples, on average, spend between $19,323 and $32,205 but, 50% of couples spend less than $15,000. This does not include cost for a honeymoon.” Imagine borrowing $15,000 for a wedding! Just as I always say, it doesn’t matter the amount of money you spend on your wedding day, you can’t still please everybody. Don’t spend money on wedding just to please others while at the end of the day you are depressed. Cut your coat according to your cloth. Plan the wedding ceremony you can afford. Your married life is more important than the wedding ceremony. After the wedding, if you can’t live comfortably, your marriage may be heading for disaster. Crosswalk revealed that money is the #1 reason couples cite when filling for divorce in America. The reason why money may cause more stress for younger couple is inability to meet their financial obligations due to loan they took to finance their wedding. In fact, you don’t need to borrow to finance wedding ceremony. In a study conducted by Ramsey Solutions, it was also revealed that “the larger a couple’s debt, the more likely they were to say money is one of the top issues they fight about. Almost half of couples with $50,000 or more in consumer debt say money is a top reason for arguments.” For this reason, if you still want to borrow at all, reduce it to the barest minimum. You will thank me you did. In order to achieve this, you need to carry your spouse along. Both of you should see the reasons why you need to cut down your wedding expenses. Possibly you may even be helping some people by sharing this article with them.

Lifestyle enrichment: A respected person once said, “Life is in phases, men are in sizes.” It is important for you to live within your means. If you cannot live a particular lifestyle that you desire today, that does not mean you can’t live the lifestyle tomorrow. You should be able to delay gratification. Delay is not denial. There are many things competing for our meagre income such as new phone, new swag, apartment upgrade etc. You should be able to prioritize. The fact that it looks good does not mean that it important. Even not all things that are important are necessary. You should live the life you can afford.

Gift of any kind: Why should you borrow to buy gift for somebody? It is good to give but you should only give gifts you can afford. If you borrow and you are not able to pay back the money, the person you bought the gifts for may be among those who will be mocking you. Gifts may not necessarily be a monetary or material gift. If you don’t have money to give, you may have time to spend helping the people in one way or the other. You can choose to offer free service for the person. At times, a word of advice is much more valuable than material gifts.

Read Also: Sure way of getting into debt and how to avoid it (Part II)

In conclusion, I am not saying that you should not borrow. If you need to borrow, it should be for the right reason. Borrow wisely and secure your tomorrow.
https://myfinancekits.com/3-really-bad-reasons-to-take-a-loan/

I will avoid them sitting in my front

$100 a week is not bad. That is about about $400 a month. If that is converted at today's exchange rate of N361, this gives N144,400. Far more than that national minimum wage.

Dollar to Naira exchange rate changed slightly. The new rate is N361 at the close of business today

Competing with other top billionaires around the world is actually challenging. I wonder what his net worth would have been if the exchange rate of naira to US dollar is 1:1
https://converteurostodollars.com/naira-to-dollar/

Ugosample:
see another one

Uganda that I have seen witt my two eyes is where you are advising someone to go?

I only talk about where his Naira will translate to millions or billions of the other country's currency.

Relocate to any of these countries. By the time you convert your N6 million, you will be swimming in millions over there:
South Korea
Chile
Lebanon
Paraguay
Uganda
Tanzania
Vietnamese

You can see other countries that follow the same categories by look at the Naira exchange rate table following the ling below:
https://converteurostodollars.com/naira-to-dollar/

Can someone give direction as to where one can learn about forex trading. Without adequate knowledge, one can easily get his fingers burnt. Somebody suggested that euro and dollar are good pair to trade. But knowing whether and when to buy or sell is very important.

I was surprised when I read that Naira exchange rate is now $1 to N184. This is just a fallacy. The Naira exchange rate as applicable to the masses as at today is N360.41. If you are planning to buy online, you should forget about the CBN rate as you will not get that rate for online purchase. You can check the naira exchange rate against other currencies by yourself
https://converteurostodollars.com/dollar-to-naira/

Naira seems to be gaining strength now. But I will prefer we have stable exchange rate so that importers and exporters can plan effectively.
https://converteurostodollars.com/dollar-to-naira/

Jonathan:
You’re right

Thanks