₦airaland Forum

That’s an animal behavior!

By the way, can we see the bum bum he grabbed?

All I see here is a lion and tigers, nothing concern me!

As long as she won’t starve the baby

Distribusiness:
Good evening Nairalanders,

My name is Oluwamuyiwa Olusanya, a car wash operator at Dugbe, Ibadan since May 4, 2025. I write an Investment4Business blog.

I want to share a real comparison I did for Fixed Deposit vs Mutual Funds Money Market Fund in 2026, because many people are confused.

I tested with ₦100,000 for 90 days:

A. FIXED DEPOSIT:
- Rate in September 2026: 10-13% for ₦100k (Access Bank 11%, First Bank 10.5%, Stanbic 12% if you have ₦1m+)
- Interest formula: Principal x Rate x Days / 365
- ₦100,000 x 11% x 90 / 365 = ₦2,712 gross
- Withholding Tax 10% = ₦271.2
- Net you receive = ₦2,440.8
- Lock: 90 days, if you break before, you lose interest.

B. MUTUAL FUNDS (Money Market Fund):
- Rate in September 2026: Stanbic IBTC Money Market 15.2%, Cowrywise Money Market 15%, PiggyVest Flex Dollar
- Interest: Compounding daily, not simple
- ₦100,000 x 15% x 90 / 365 = ₦3,698 (approximate, daily compounding adds small extra)
- No 10% WHT deducted upfront, fund pays after
- Liquidity: Withdraw within 24-48 hours, no penalty
- Risk: Not insured by NDIC like Fixed Deposit, but invested in Treasury Bills and Commercial Papers

My Result:
Mutual Funds paid ₦1,257 more than Fixed Deposit for the same ₦100k for 90 days.
When to choose which?
- Choose Fixed Deposit if you want NDIC insurance up to ₦500k and you will not touch money.
- Choose Mutual Funds if you want higher return and flexibility to withdraw for emergencies.

I am not selling anything. Just sharing what I learned saving ₦10k monthly with ₦334 daily from car wash.

What do you use? Fixed or Mutual Funds?

Thank you.

I want to try with FairMoney, I think they have higher interest rate compared to Opay and PalmPay

She lacks some kind of home training. She should have knelt down😔

It can be a useful tool in the nearest future.

Just release it inside bottles and keep, it will be needed as bombs in Sambisa forest.

The black one is originally from Africa while the other ones’ father/mother is an American

I ride okada only three hours daily (night - between 7pm and 10pm). I make 200k plus monthly. I don’t just feel like doing it full time (make I dey get time rest well 😆)
I started January this year. Now I have almost a million savings in my account (900k precisely).prior to now, I have never had up to 500k savings in my account even after doing salary work for 10 years!
I wish I started earlier like two years ago, by now I should be establishing myself a better business. But it’s just a matter of time by God’s Grace.
So people who are making below 300k monthly looking down on okada riders, I pity una

The funny part is that she may not even have up to half of the money the guy has made with the okada. She fit not even get shishi for her account!

Your boss has memory problems, because the moment he didn’t see his car in the office premises, he should have remembered that it is at the meeting venue, not until they get there

This is why I prefer to trek, if vehicles cannot get to where I’m going.
Anything air transportation, count me out!

He’s saying the truth, but the best he should have done is to get a tricycle for himself and leave the lecturing job

If I can’t find a virgin girl with good character to marry, then I will just have babies mama (2 children) and continue to live my life!

My policy remains; I can NEVER and WILL NEVER officially marry a girl I didn’t meet as a virgin, NEVER! not in this messed up female generation!

I cannot struggle, deprive myself of pleasures, build up my life financially for years and end up with a retired ashawo! NEVER!

That one na for person wey no get catapult!

If I fire five among them in quick succession, others no go need prophet to advice them to run for their lives

You don’t expect a guy who send you money not to ask for sex na. Of what use are you to him exactly?

From someone that can act blue film for 10k naira
Rubbish!!!

SAMBARRY:
Pedo.na small pikin dey enter your eye.yes we know say her papa na community preek but the little girl is a child, respect yourself

Person wey dey crush on wizkid na small pikin!

I don’t have any issue with what she’s putting on. My concern is the position of her lime-like breast, they’re supposed to be on her chest not on her belly 😔

When I thought petrol price will reduce to below 1k, then boom! It went up again.
I thought the war ended, or have they started another war?

Freezing the persons account doesn’t mean they will reverse the money to you. You will have to obtain an affidavit from a court (a proof) then sent it to them (them bank you transferred the money from) before they can do anything.

Someone mistakenly sent 54k to my Opay, and reported the transaction( cos he thought I will not refund). He came crying in my WhatsApp I refunded the money to him. But Opay freeze the said amount in my account cos of the report he made to them after I have already refunded.
The said have to wait for 14 days, if he did not provide a proof (affidavit) from a court they will unfreeze my money.
I had no choice than to wait for 14 days and they unfreeze my money as promised.
So, it’s normal

Britishcoins:
I was like this ops in 2019, that year was terrible for me, serving my uncle 10 years and was settled with just 50k, as if it is not enough I lost my mother 2 months later,
the little they gave me I spent it on hospital and burial...

it was my 18 years old brother that gave me 100k.. I used that money to rent container shop and start to sell clothes, today I have 2 houses and car and lovely wife and a son... planning to build my own shop soon by the grace of God... life is a step...

My breakthrough came from collecting goods on credit and paying them back ASAP

You have two houses and car, but you’re still planning to build your own shop. That means you built those houses with the income of a rented container shop. Una dey try o!

They still kidnap the dead?
Wetin man no go see!

Goodmarlian:
I am just tired of this my girls approach towards our relationship,this girl is good ,well behaved and has a good job shes doing at hand but the problem I have with her is that she barely picks my calls or reply chats don't get me wrong we talk so very well offline we can gist for long and all that but we are no longer together forget it she will never reply my chats or calls
I have complained a lot about this to her she will apologize but still continue now I think it either she doesn't really like me as I think or she just want to weaponise communication I just want to continue with the relationship for fun while a find someone else who is ready and prioritizes me for marriage ,I see poor communication as a huge red flag .

Must you always call her?
You call her twice, highest trice and she doesn’t pick up then give her space! If she values you she will return the call (she’ll definitely see the missed call) If she doesn’t return the call then you know where you stand and think of your next plan!
Some of una (guys) just Dey mumu una sef around! That’s why they (these bitches) always misbehave anyhow

You should also ask: Why are people rich/wealthy?

The truth is, poverty and wealth are the major characteristics of human existence. That’s, one must either be poor, average or rich/wealthy.

My prayers is that May I not be poor, but do you know that life would be more difficult if everybody are/were/becomes rich/wealthy?

Think about this things

Treepower2000:
I have observed that my data cost is increasing every month.
Before now I used 4k worth of data for one month but after the rate increase by the telcos even ten thousand Naira worth will finish before the end of the month.
Any suggestion for where I can get cheap data will be welcome.

I spend and average of 400 Naira (2g) daily on data. That’s about 12k monthly

gassbee:
Allow sleeping dogs lie for your own sanity because even if you found out dna prove d kids r not yours, I dont think u have d liver to discard those lovely kids u have been taking care since their birth

That is why you need to carry out the DNA immediately the child is born or even before the child is born (if possible) to avoid stories like this

Ifeoluwadev:
Before anybody calls me a liar or a complainer, sit down and read this first. Because I have numbers. And numbers don't lie.

In 2019, I was earning ₦150,000 per month. Junior staff. I was not rich at all. But I was comfortable. I could breathe.

Today in 2026, I earn ₦500,000 per month. On paper that is more than 3x growth. I should be living large. I should have savings. I should be talking about investments by now.

Instead I am broke before the 25th of every month.

Let me show you exactly why.


THE NAIRA ITSELF
In 2019, one dollar was roughly ₦360.
Today in 2026, one dollar is over ₦1,500.

The naira has lost about 75% of its value against the dollar in 7 years. So anything imported, whether electronics, medicine, baby products or even some food, now costs 4 times what it used to.

My ₦500k today equals roughly $333.
My ₦150k in 2019 was worth roughly $416.

Read that again.

I earn more naira but fewer dollars. In real purchasing power I have gone backwards even though my salary tripled on paper.


FOOD

In 2019, I fed myself comfortably for around ₦30,000 per month. Decent food, market twice a week, occasionally a small restaurant.

Today that same lifestyle costs me at least ₦120,000 and that is me managing carefully.

| Item | 2019 | 2026 |
|---|---|---|
| Bag of rice (50kg) | ₦18,000 | ₦85,000+ |
| Cooking gas (12.5kg) | ₦3,500 | ₦18,000+ |
| Groundnut oil (4 litres) | ₦2,800 | ₦12,000+ |
| Tomatoes (paint bucket) | ₦800 | ₦5,000+ |
| Full chicken | ₦2,500 | ₦10,000+ |
| Big loaf of bread | ₦350 | ₦1,500+ |

My food budget went up by 400%. My salary went up by 233%. The food is winning.



RENT

In 2019, I paid ₦350,000 per year for a decent one bedroom in a Lagos suburb. That is about ₦29,000 per month if you break it down.

Today that same apartment, same area, same size, same leaking ceiling, is ₦1.2 million per year. That is ₦100,000 per month equivalent.

I now spend 20% of my gross salary on rent alone. And landlords still want one to two years upfront. So every renewal season I need to drop over ₦1 million at once like I am buying land.



ELECTRICITY AND GENERATOR
In 2019, NEPA was bad but manageable. Fuel was ₦145 per litre. My monthly gen fuel was around ₦8,000.

Today petrol is close to ₦1,500 per litre. My monthly generator fuel alone is ₦45,000. And NEPA is still giving me the same 4 hours they gave me in 2019. Nothing changed on their side except the bills went up.


TRANSPORT

Bus from my estate to office in 2019 was ₦150 each way. That is ₦300 per day, about ₦6,600 per month.

Same route today is ₦700 minimum each way. ₦1,400 per day. Nearly ₦31,000 per month.

Ride hailing? Multiply that by three. I now spend between ₦30,000 and ₦50,000 every month just moving my body from home to work and back.



SO WHERE DOES THE ₦500K GO?

| Expense | Monthly |
|---|---|
| Rent (broken down monthly) | ₦100,000 |
| Food and groceries | ₦120,000 |
| Generator fuel | ₦45,000 |
| Transport | ₦35,000 |
| NEPA bill | ₦18,000 |
| Airtime and data | ₦12,000 |
| Toiletries and misc | ₦20,000 |
| Tithe | ₦25,000 |
| **Total** | **₦375,000+** |

That leaves me ₦125,000 for savings, emergencies, hospital, clothes, sending money home, school fees if you have children, and anything unexpected.

In 2019 on ₦150,000, my total expenses were under ₦90,000 and I had ₦60,000 left. That leftover was worth $167 at the time. My ₦125,000 leftover today is worth $83.

I saved more real money when I earned less. That is not a feeling. That is arithmetic.



THE PART NOBODY TALKS ABOUT
Beyond the numbers, what has changed is how money feels.

In 2019, seeing ₦100,000 in my account felt like safety. Like I had options. Like I could breathe easy.

Today I see ₦500,000 land on payday and my first feeling is anxiety, not happiness. Because I immediately start calculating what is owed, what is running out, what will still not be enough.

That shift from feeling okay to feeling like you are always one emergency away from trouble, even as your salary grows, is what this economy has quietly done to the Nigerian middle class.

We are not imagining things. We are not lazy. We are not bad at managing money. We are just running on a treadmill that keeps speeding up.



MY QUESTION TO NAIRALANDERS:
What was your salary in 2019 and what is it today? Are you genuinely better off or are you like me, earning more and living less?

Drop your numbers in the comments. No judgement for anybody. Let us count together.

The major mistake you made in this analysis is the constant comparison of Naira to Dollar.
If I may ask, do people in America (dollar users) compare their currency to Naira in respect to expenses over there, or you and some others are the one who keep living in their shadows?
If you want to talk about inflation in the country fine. Stop unnecessary comparisons.
Do you buy goods in dollars over here?
See, no vex me this morning o

The truth there is that deep down you haven’t moved on yet, you still want him (unless you have another man already).
My advice is that, since he’s also realized and come back, you better drop unnecessary shakara (ego) and accept him back as well.
If he stops coming and move on, na you e pain pass cos the truth there is that his family were the one who poisoned his mind initially and if they find your replacement in the process of begging you, just forget it.
He will get married and have up to three children while you’re still single.

A wise is enough for the word!!!