₦airaland Forum

PresidentBuhari:
I think it will be safe to travel in late Nov/December time without any Covid 19 restriction, I have relatives due to fly into Nigeria this month but we just got an update yesterday stating that anyone that travels outside the zone now will be quarantined for 14 days upon return, oyibo mean business.

Also, this is the most boring time to travel to Nigeria, December will be lit, people are trying to get back to work now to hustle more in lost income and enjoy at the end of the year.

Sholapey:
Yes I guess! Because Lufthansa offered me a rebooking till September of my cancelled trip in April due to COVID-19.

PresidentBuhari:
Air travel just started off operations is some parts of Europe, there are likely two things that will happen. A sudden hike in prices of air travel or losses by airlines to maintain social flight distance on board aircraft for the next few months.

When do you plan to come to Nigeria?

zamirikpo:
Ignore that mumu, when ever u mention women in any context she'll jump out like a wounded frog.

No be today.......

missjekyll:
If I start my own bickering,na ban go end am las Las for this thread o.
Can we all just get along?
I m compiling the names of troublemakers on this thread
They will be sanctioned appropriately as I will leave them out of any hot money making tips.

Nnamz:
Emphasis on the bolded, your own words. Next time don't generalize all women. Not all women are like your late mother or the women in your family. Oh and fyi you referred to my own mother first (and the entire strong successful women in my family) when you generalized all women.

Nnamz:
Na so God create your mama. Some if not most men on this thread are fools surrounded by the kind of women that have shaped their mentality about how they see other women. That is why I don't blame you guys because how you see people vis a vis women just reflects on the kind of people vis a vis women that surrounds you. Sorry for you guys. Na your daughters I dey pity. You know yourselves.

athorello:
Loans @4% per month
Deposits from 10-14% per annum depending on tenure max of 30 days.

otomatic:
I don't understand this rates. You mean they receive interest at 4% but pay out at 14%? Seems to be a mismatch and unprofitable for them.

helpyom:
1. I MUST PAY BACK.. #Gratitude





No sir.

I WILL NOT DIE THIS YOUNG.

I have a purpose to fulfil in this generation.

Satan knows what I have in me reasons he just want to stop me via finances and stopping my destiny helpers all these shall be stories.

Am being motivated to keep striving hard..All these shall be end with praise.

athorello:
Opay is quite popular with their app that offers payment solutions, ORide, e-commerce, pay day loans, savings and fixed deposits accounts.
My main reservation is that I feel many borrowers may default cos of our current realities although Opay is aggressive on recovery cos of use of BVN.

athorello:
Hello fellow investors, will it be wise to fix some funds with Opay for 30 days @ 14% p.a? Giving existing rates, the fact that Opay give out quick loans @4% monthly interest rate and our current economic realities.

SlowlybtSurely:
A 2 bedroom condo in downtown Toronto will be between $2,800 to $4,000 per month, depending on available facilities.

It's cheaper in other cities except Vancouver which is comparable to Toronto.

ukay2:
Just go through this trade.

https://www.nairaland.com/5669161/us-stocks-pick-alert

ukay2:
Yes Sir.

Am also in USA stocks market.

We keep learning every day and God will continue to bless our side hussles.

Amen.

emmanuelewumi:
Multinational companies like PZ and Unilever are not finding things easy, their financials are not encouraging, Indian owned businesses are giving them a big battle for market share, profitability and cost of production

PresidentBuhari:
I can imagine, I recently encountered this with two tenants in one of my properties in Nigeria, the first one moved in with okada to the flat, within 3 years he progressed, his business started moving well, he bought 5 vehicles, 3 trucks, 2 private cars and married, currently he has 3 kids. My caretaker even used my car to rush his wife to hospital for delivery for his first child while he was still riding okada at the time.

He is uneducated, recently he felt he has made money and started causing problems at my property, he slapped his fellow tenants wife . When I heard it I was shocked but I expected the husband of the man slapped to deal with him cos he had reasonable amount of money but the man did nothing and said he will let it slide.

I couldn't take such and I made some contacts as early as 6am, some new recruits from 82 division came and bundled the troublesome tenant away saying their oga sent them due to what he did to the woman. They beat him black and blue, he returned and piped low for some weeks, a few months later he started trouble again, this caused one tenant to move out, two tenants were already having issues with same troublesome tenant, through a third party, I contacted a lawyer, paid N40k, he issued eviction notice for the tenant, followed it up and within 4 months the troublesome tenant packed out, we didn't even get to court which was going to cost at least 250k.

The second tenant is with the police force, same strategy but this time used only a lawyer as he is a bit educated and understood he will be evicted of he didn't pay, he has been paying in advance ever since.

Understand the type of tenant and apply a suitable approach.

ukay2:
U didn't listened to the deep meaning of what she intended to mean....hahahahaha

....so much liquidity in the system. Also OMO of 7trillion is maturing this year to add to the excess liquidity. More oversubscription of FGN Securities etc.

For me....outside the box is outside NTB.

Am currently in NSE, FGN Bonds, Comercial Papers of good companies and MMF.

Any other business, I no follow.

ukay2:
Loooooool

Very funny tenants everywhere.

I have a new tenant, in one of my comercial apartments in Abuja, that always send me new month messages. I told my wife that am worried about this tennant messages to me with prayers. She said why? I told her I don't do business with Christainees or Muslimees. This is because they hid under religion and refuse to pay up on time.

Last month was his 2nd year in the apartment, his rent is due, oga pay rent na.....stories upon story na. My Lawyer wants to serve him quit noticed, but am having cold feet dealing with him. I will give him 3 months grace due to the economic realities.

I hope he settles his rent on time.

PresidentBuhari:
Real Estate is the way to go now, currently I am negotiating with housing agents for some properties.

Always use a third party to run your rental property if you do not live in the country, do not come in close contact with tenants when they owe you, things can easily get personal and other tenants who have grudge against you may start conniving but with third party they have less conflict.

ukay2:
Very unlikely to increase NTB rate from her countenance yesterday.

There is so much liquidity in the system chasing government securities.

FGN is even happy seeing oversubscription of their securities at the current ridiculous rates.

We need to think outside the box for now.

Sholapey:
You're right sir! I don't even want to go there. My parents passed some years ago, so I went to Nigeria for the burial which lasted for couple of days. Immediately after the burial I went back to my house and a neighbour who attended the party came to invite me to her daughter's wedding and the date on the invitation falls to the day of my return back to base.
So, after few days I sent someone to gift her some amount of money then I left Nigeria. The lady got my number before I left Nigeria, so few days I arrived she called to thank me for the money I sent someone to give to her and i said no worries.
Her husband called few weeks after to thank me again, the husband started calling me mummy mummy, immediately I said no sir, please call me my name and he insisted on calling mummy, saying he so much appreciate my good gesture of the money given to his wife and the security gates I donated to our neighbourhood blablabla.
I said abi ooo, the next thing he said was that he needed me to send money to mount up his house fence that he wasn't happy the way his house looks....I became wick immediately but I kept it cool to explain that I just came back from Nigeria and I haven't resume to work so no money. He said okay, keep me in mind and don't forget I'm retiring next year o...Again I kept it cool.
A month after, the wife called me saying she needed money for her Christmas business, I ignored because I hate people who take advantage of other, so I blocked their a***s off.

ukay2:
7 trillions naira is maturing this year from OMO auctions.

So much liquidity.

The cooperate bonds at 12% will be a good bargain compare to the NTB

abraolas1:
cc:
@Emmanuelwunmi
@Godbepraised

jayjay1512:
You got my attention.
Where are you based?
Sorry for replying this very late.Am based in otta Ogun state.Lets talk more in private

speak2lift:
There is also a product being run by United Capital which I subscribed to around February this year when TBills started nosediving...it is called the Bond Fund and as at when I bought into it, it was 10.0% but as at Today it is 9.59%. I think it is a pretty good deal. Very similar to MMF in that profits are calculated on the fly...

I also made sure I got written confirmation of "Security of Capital" from my Account Officer to be sure that it is not an Equity Fund product.

Theconglomerate:
445.
Speculators,exporters and yahoo boys are winning...
It is safe to assume emefiele might be running out of magic now.
Don't take my word for anything,I might be drunk on tomato paste

Sholapey:
We don dey vex o....Maybe some of us were created as a man(strong) in a woman's body as I fit lead war front

olujaidi:
Yeah well your currency has lost 20% of its value too