₦airaland Forum

Let him keep trying. As long as there are pregnancies, it is mathematically guaranteed that he will have a male child.

By the way, what does he need a male child for? Don't say he wants to retain his family lineage or some other such nonsense.

They stole money from Nigeria and lent it back to Nigeria at high interest rates

This one don use site enhancement oils like synthol

Shehu sani and typing of rubbish

Summary:

Dangote has liquidity issues and there are cost overruns

Fitch is also concerned with the key man risk. What happens if Dangote dies suddenly? The organization is not properly structured to function without the key man "Mr Aliko"

mannasseh:
your point is highly valid, he could have mitigated there punishment but there should have been a punishment, so others who would want to tow same path would be deterred from doing same.

Punishment does not deter from crime. We have the entire human history to show this. If punishment deterred others from committing crimes, we would have a crime free world by now..

[quote author=Rawhumper post=112765127]How can Lebron sell that stuff over 700m dollars and his net worth will still be around 121m dollars, how is that plausible?


Bloggers and their news, others will still have their different views.

So you don't know the difference between income and networth? What is listed is their income not their wealth.

obynzo:
Ohhhh Oga you are such a big time liar. So people from Ibusa, Asaba, Onicha Ugbo etc are not igbo abi? Oga stop all these lies abeg

Why do you like doing attache by force?

obynzo:
The map you put Ika, Ndokwa and other areas are igbo areas. Oga try to be honest and truthful for once stop all this post civil war politics

They are not Igbo.

I am from Ndokwa. We are not Igbo.

Biafra stopped at the river Niger. Know your history.

Nten:
An imbroglio of monumental proportion!
Until teachers are formidable enough in such school who will take drastic measures like down tooling together at the heat of such issue.
But unemployment has created a huge vacuum were people are willing to take anything without recourse.

Do private schools earn revenue while not in session? Teachers who don't like the salary should not take the job.

Strikes are a foolish way of attempting to resolve labor issues. That can only work in an unfree market. In a free market, someone would take your job and those who try to force people into "downtooling" would be sent to jail where they belong.

Yes, Captain obvious.

Your "son" is the VP. Advise him

obembet:
Its easy to win when you coach the likes of bayan, psg, chelsea, madrid and AC Mila

Those jobs don't go to anyhow coaches.

NobleAngell:
The new wife is strictly on her own. You can never enjoy a marriage that you acquired through another woman's tears. Never!

Mercy Johnson begs to differ

SmartyPants:
I don't really know what you are arguing about.

I never said the offer is not for the entirety of Twitter. I said HE is not buying it outright, meaning the deal is not being financed by him in the context of someone saying he doesn't have enough money to buy coca cola.

Again, meaning you don't need to have the money to buy a company on your own.

What does this have to do with what you've posted up there?

This is what I too know gets you.

When they say he is buying it outright, it means he is purchasing the entire thing. How he chooses to finance it does not come into play.

SmartyPants:
There is no excuse for this sort of ignorance because where on earth did you hear that he bought it and paid cash? You assumed that, probably from reading headlines without understanding the content.

1. He is not buying Twitter outright. He is buying with the help of Investment banks. His actual stake will be around 30%

2. He has not bought Twitter yet. He has an agreement with the board but there are still many hoops to go through. Point is, the sale is not concluded not to talk about buying it with cash.

https://www.bloomberg.com/news/articles/2022-04-27/confused-by-musk-s-twitter-lbo-here-s-what-s-weird-quicktake#:~:text=What%20is%20the%20deal%3F,if%20the%20transaction%20goes%20through.

You are the one who is ignorant.

His offer is for the entire stock of Twitter.

He is borrowing 70% of the money but would hold 100% of the equity. Next time, actually read the links you put up instead of trying to win an argument. You don't even know what LBOs are. When the Glazers bought Man Utd, they contributed 10% of the financing but owned the entire club outright.

LBOs basically turn a chunk of equity into debt. If it's a fast growing company, then there is an opportunity to make outsized gains plus there are tax advantages as interest payments are tax deductible whereas dividends are taxed.

In summary, although Musk is only contributing a part of the financing, when the deal is done, he will be holding 100% of the equity.

Allow those of us who have finance training educate you on this instead of claiming faux knowledge

just2endowed:
Total asset value of Coca-Cola $87.296B at at 2020.


Yes the dude can buy the company..

Total Assets is not what is used to value a public company.

It is the market capitalisation and you have to pay a premium over the market capitalisation to buy the company. In Coca Cola's case, the market cap is almost 300 billion US dollars.

bullionman:
A man that's worth $1trillion? He will buy it conveniently...how much is the total net worth of coca cola again..$230b

He is not worth a trillion dollars and his networth is tied to the volatile stock price of Tesla Motors

SmartyPants:
It's not about buying it outright. There are a million ways to buy coca cola without buying it outright, same way he's not buying Twitter outright.

He is buying Twitter outright. 100%.

And no, he can't afford Coca Cola. With no experience in consumer goods/beverages, banks won't lend him money like they are doing for the Twitter deal.

DoctorOlasDesk:
I lose. agree. But things i know, i know

You don't know anything. All quoted companies in Nigeria together are worth just under 70 billion. That is basically all companies in Nigeria. Nigeria's nominal GDP is just under 600 billion.

At the moment, no Nigerian company is worth 40 billion dollars. All the banks in Nigeria together are not even worth 40 billion. That's almost 10% of Nigeria's GDP

DontBullshitMe:
Einsteine.

As an Economist, what do you think about this Elon Musk's move?

It's a vanity purchase.

Taking Twitter private allows Musk more political power but it doesn't make economic sense. He is planning to cancel a lot of the revenue generation moves the current executives were planning. His move is no different from billionaires buying newspapers so they can have their own media tool.

wisdomkid:
it baffles me how you don't think others should be allowed to have their own opinion, whereas you that haven't step a foot in Russia, or seen Putin before, think all these. No, I don't support him, but please, realize that there's something called "Western Media", and it never paints Putin in good words... Lols, that was how they made us believe Muammar Gaddafi is bad, Robert Mugabe, Idi Amin, etc... calm down sir.

So Mugabe, Gaddafi and Idi Amin are not bad?

Go and ask the citizens of their countries if those men were bad. It is Western Media that made Idi Amin cannibalize his enemies abi?

Yet some Nairalanders either due to sheer hatred of America, a history of denied visas by Western countries, or misguided wokeness continue to support Putin and his dictatorship.

Russia with its corruption and politics is basically Nigeria with snow.

Maxymilliano:
Overpriced bullshit ... He's Injury prone and could be a risk at that price

Mumu take with mumu likes.

He is 21 years old. At least 10 years of service right there. Even the 120 million purchase of Felix by Atleti is not a waste because of the young age.

People bought 29 year old Lukaku at 100 million.

Big joke to compare Darwin to Haaland. Halland is far better and has proven himself across multiple leagues. Haaland also has an insane goal ratio in the UCL. He is also used to gegenpressing.

ogbiwa:
I believe you meant Roberto Di matteo, and it was also in 2012 not 2010

He is talking about Mourinho with Inter.

Debtors owe...

Creditors are owed.

Quota system finance minister

Oh breaking news. Fans accuse strikers of trying to score goals

Eriokanmi:
So, who owns Gatwick? Since you seem to know better, maybe you should just educate me. Have you heard of GIP( Global Infrastructure Partner) ? I have a relation and a Britsh friend working there. The company acquired Gatwick Airport in 2009 at £1.455 billion. The Italian Railway Company acquired isn't even added to this. Mr Ogunlesi owns GIP, fyi. Like i said earlier, this is an undebatable issue. It's there for those who already know.

Oga, do you know what private equity funds are?

GIP is a fund manager that pools funds from various investors. GIP's funds not GIP own the infrastructure and in the case of Gatwick, they have since disposed of the investment. Bayo Ogunlesi is a fund manager. At best, he controls the investments. To say he "owns" will be stretching the truth.

It's like a company like Stanbic IBTC pension managers buying majority shares in say, MTN. You are not going to say the CEO of Stanbic IBTC Pensions owns MTN. That would be absurd.

Gatwick is owned by Vinci Airports.

Eriokanmi:
So, who owns Gatwick?

It is owned by Gatwick Airports Limited which is in turn owned by Vinci Airports, an Airport investment company.

Adebayo Ogunlesi owns an infrastructure fund called GIP that originally bought Gatwick. Note GIP is a fund with money collected from various investors. Ogunlesi manages it in exchange for fees. Typical fees are 2% management and 20% performance fees. Ogunlesi is a fund manager and it is the Nigerian press that basically popularize the idea that he owns Gatwick. At best, you could say he controlled a fund that bought Gatwick but saying he owned it would be stretching the truth.

In any case, GIP's infrastructure fund sold the airport to Vinci Airports.

Eriokanmi:
It's what I already know and not even today,no need to argue ok? If you don't mind, you can go the Google route on whether he owns Gatwick Airport and Italian railway company or not.

Lol, you are the one who needs to Google.

He doesn't own Gatwick. He himself will be the first to tell you.

BoltAndUberAbj:
go tell this gibberish to drivers in USA, SOUTH AFRICA and UK who protested against the same issues. Nonsense

Did any of those impound the cars of those who are okay with the status quo?

Go and paint your cab yellow and perambulate for customers since Uber and Bolt are not useful to you.

Don't be a greedy rent seeker.