₦airaland Forum

Bamz:
Insightful response as always. People fancy tbills mainly cos of capital preservation, and I'm sure if there is any offering to similar to it with a mild risk, people would diversify.

Digital farming is a thing now but the terms of sponsorship on Farmcrowdy was just a bit scary. They just match farmers to sponsors but I'm not sure of how well they hold the farmers accountable. I love the business model. Have you sponsored any farms successfully?

Diversification is the key in investment as long as you know the right places to invest.

I have successfully invested in farmcrowdy... Infact their unction around April there about at 50k+ per unit forabout close to 2k available units finished in less than 12hrs most from the morning of that day(8am-10am).

But unlike the last unction.. It was available for over 48hrs maybe even till now..

The reason I won't be investing again as I await my current sponsorship is their low interest percentage...

Their website will offer you 14percent or even 15percent for sponsoring a farm for 9months depending....
Then when you're about to buy.. You will be charged 2percent or 3percent commission . So if you do your maths.. It is basically around 11-12 percent.... Think the risk involved also...

At a point I thought to myself this guy's might even be investing some parts of the money on T-bills or financial institutions ...
This is for exclusive farmcrowdy Infact I have their mobile application..

There are others I'm looking at that doesn't charge such commissions... However I'm awaiting someone's testimony before investing in such... (eg ThriveAgric and many others)

aremso:
Think and grow rich
The richest man in Babylon
Turning penny to dollars
The science of getting rich
As a man thinket so he his
The next door millionaire.
These and many more books you can Google and download online, this period Nigeria is passing tru is a stage of wealth transfer for that are smart and ready to take risk. I could rember I sold gtb shares @42 In the early 2018 before the prices crashed and the same is happening now the prices are crashing and the fearful ones are complaining while smart guys are strategising on how to hit it big. When our stocks get to the lowest of the lowest the foreign investors comes in to buy cheap and dump on us when we are waking up from our sleep then the next thing is to start our normal songs of complaints. I will by God grace follow the fpi to invest in their patterns and dump like them

Thanks so much... I've read many of this books but this is over 5years ago... I think I need to read them gain... Thanks so much..

koonbey:
Check ALUX on Youtube. https://www.youtube.com/channel/UCNjPtOCvMrKY5eLwr_-7eUg

Thank you.. I will

Since T-bills rate is becoming not encouraging... I'd like to ask

1. How do you make money from currency devaluation... A naira devaluation as a case study...
2. I'd like some business gurus to recommend books on investment and strategies of creating wealth (Although I've read couple of books mostly authored by Robert Kiyosaki)... Thanks...

SMEDAN Training -Small and Medium Scale Enterprise Development Agency

Anyone been in the attendance before... The website has no
detailed information...

Called one of the numbers.. I was told a 3days training is to commence by July with a fee of 21k.

Is this really worth it??... And what's usually the range or maximum of the loan facility one has gotten through this agency.

I will appreciate your response....

Anyone been in the attendance before... The website has no detailed information...

Called one of the numbers.. I was told a 3days training is to commence by July with a fee of 21k.

Is this really worth it??... And what's usually the range or maximum of the loan facility one has gotten through this agency.

I will appreciate your response....

Hedonini:
What kind of sites were you assessing that you for the ransomeware from?

What do you mean by this?? I don't get,...
Are there sites loaded with it??

bigl:
Or u pay. It happened to a friend some weeks ago. All files were encrypted and they left a note that he should pay for them to decrypt
He had to forget his files

Always ensure you have good antivirus to avoid such occurrence

Same here.. Very serious and true experience..... I couldn't believe it at first

I'd like a discussion one this... My Laptop was recently infected.. And it seems the viable option is to format the system and forget my files

Our Educational system is faulty and curriculum far less than standard...
Norway does Engineering for 4years and Msc 1 year..
Here we do 5 years engineering... 1 year NYSC before you can proceed for MSC

Amarisa:
Its obvious the result will not be announced today due to So many irregularities..

Too massive irregularities... So glaring to INEC chairman himself.... The result will most likely be filled with some surprises

Chechem:
I see this not as a FG recruitment but as an idea a private person is trying to sell to FG....

Time will tell anyway...

True.. Only time will tell...

However an idea of Homeland Security is the picture in place here. And it's worth to be optimistic about...

Any Update...
Has anyone been called or any you know of that has been called??

48,341 * 1000= 48,341,000

Procurement please...

trophee:
Lastly bro. Was calculator allowed for the numerical reasoning? My test is tomorrow morning.

Nope

jidex4life:
an insider told me

An insider told me 28 years... All the best to us all..

Has Amaiden ever called anyone??... Please share an experience

Nice Piece...

she deserves an award for her contribution to the entertainment industry

chigo4u:
So Zenith bank says tbills is open only every 2 weeks time is this true for other banks? Their rate for 182 days is 13% does any bank currently offer a better rate
Response please

15M is quite much..... I will advice you go to Union Bank, First Bank or Sterling to compare that rate...

Campaign without his master... Lols

I once spoke against the Idea of incidence form at the introduction of the card reader .. How can we create a a technological advancement and likewise create a loophole for ourselves just because of self interest... Once a Presiding Officer and so many things we saw that happened

I'm neither PDP nor APC... But this I know...

Almost everyone will rise on whatever favours them.... Trademoney... Npower...and the rest...

The difference in people's response on Osinbanjo and Atikus visit is all on self interest... Then what differs us from them

If that Bill is signed.. PDP wins... If it isn't... The best rigger wins..

We are quick to forget PDP had 16years ...Likewise no reasonable APC will be ready to let power go in 4years...

I wished the YOUTH Coalation of PACT had been successful but of course they were also after their self interest...

Nigeria still has a long way to to go....

This is a Nigerian Opinion.... We live here together

crownwealth:
Too late

It's never too late.. A bold step of humility...

freeman67:
Your topic of discussion sound like what all these insurance company package for people ooo. I said so because mutual fund though encourage people to save and continue saving. It is mostly not tenured like the others. You can leave money there like the savings account.. Even though some invest in stock which is very volatile I don't think it would have gone down that way even if that what they invested... What is the company's name...?

The name is mutual benefit assurance... Usually with a green logo...i tire

Thanks @Desanta and @NL1960

Guys... Please I need a quick advice and I will appreciate your contributions..

My mother invested in mutual benefit 2013 (I guess most of us around my family weren't enlighten by then)...
In summary she was to pay 5k per month... She was only able to to 10months out of 60months... She tried terminating it but they said it wasn't adviceable..
Fowrad to today... We went last week and we were told that we will be sent a voucher of our payment...

On seeing the voucher now.. What we had is 37k.. Please what kind of investment is this??.. Any help or advice... ..

GonFreecss1:
Seriously? Have you ever heard of scarce naira?

I haven't. I don't care what the theory states, I deal with reality and that reality is that total money supply is still an X (money paid by investors for Tbills) + newly printed money + whatever was formerly removed from previous X for the government to pay bills, or interest rates on bonds, tbills salaries etc. On and on... it would have sounded good if we operated on deflation, but we don't. We do not burn our naira. Less naira today still means more tomorrow, and the less that should have been for tomorrow means more for the day after. It's a zero sum game, at the end of the day more money is created. You hide money for the present and reintroduce it in the future, it doesn't change the fact that more money backed by only government trust is created from thin air. Hereby what you have and call money is not value, just a debt system in which the value of money continues to go downwards. Inflation, especially infinite inflation can never help the value of any currency. Current supply means nothing, but total supply over time is the real deal and the major problem of inflation.

If dollar to naira rate moved from 360 naira to 1000 in 1 day, then went back to 360 naira the next day, but after 5 years it's 200 naira to a dollar, no one will remember that 360 naira to 1000 in a day, as it will be like a spec of dust in the charts. We are talking long term effect. [b]It is why I am still looking for a way to calmly reply the guy that gave me a list of calculations to do, with fixed figures and assumptions with a 5 year span. I could also come up with figures and my own year spans to favor my argument. That will be stupid of me as I don't have to do that, why? History is there to show him, me and all of us that over time the dollar has done better with respect to the naira even if we include that small period when we went to 520 naira to a dollar and back to 362, that period means nothing over time, as it will be in years to come if Nigeria continues to handle things like this. Even if you compounded your Tbills, many of you don't know as you can compound your interest so is inflation compounded. That is why we can't spend 1 naira again, 5 naira is useless, and 10 naira is almost useless, I implore all of you to pick an average interest rate and make your principal 1 naira (as in 1 naira note) and compound it over time, then you will begin to understand that anything easy can't make you rich.
[/b]
Oh! No need to reply him again, I think this explanation should do.

So what I am trying to say is if the government keeps creating more money from thin air, taking it back from us is not strengthening the naira in any way, we are just delaying the inevitable, as we usually do in Nigeria.

Can the naira be stronger in the future? Of course, but from what I can see, not anytime soon if we continue like this.

How 2 people thinks the same thing in the world... The 520 is still inevitable if we keep handling things like this... History is there for us all....

greggng:
To be honest I have never heard buhari insult anyone...despite all the insult of waec, jubril , dead brain by fayose and co....because of all this I and my family will vote only Sai baba....even if he has nepa , or he is clone or dead brain we will vote him

Except when he said... You're a lazy youth... #walkOut#

GSA01:
Trader Moni is not for big traders. it is for petty traders like those that Hawk tomatoes, Pepper. Kola. there are so many people in this country looking for 1k to start up something. please, all fingers are not equal.

Insult to our collective intelligence... You talk of 1k in this country That's less than 3dollars... Go to the street and some beggar will dash you 1k...

joashette:
This is just ONE BIG LOAD OF BULLCRAP!!!

YOU don't know how the next stage would look like. even insiders knew there would be sales themed test yet didn't know specifics. You are saying there would be banking awareness what??

And then people can go see if they were successful or not on the bank's site?
check which details where?
You just want people to meet you and buy questions or ask you write for them.
The questions are online, google them and get links esp the data science part and some logic. That's the untold secret of scoring above 80.

Kudos bro...You said it all .. Receive one bottle


This online test is crap if they don't take 40 and above

Nanomat:
The site keeps on saying I should despite being sent a receipt that I have paid

The same shoe bro