₦airaland Forum

megawealth01:
1. The cost of fund at 27% vs capital gains tax

If you take an asset-backed loan at 27% interest, that means you’re paying ₦27 annually for every ₦100 borrowed.

Capital Gains Tax (CGT) in Nigeria is 10% on the profit when you sell an asset.

On the surface, 27% financing cost looks much more expensive than 10% tax.

At the bolded, it is not “looks much more expensive”. it is for a fact much more expensive.

Where what you are mentioning works effectively are 1st world countries where interest rates are so low (US - 4.25%, UK - 4%….). I would never advise anybody to take loan and buy stocks in “Nigeria”. For business where your RoI is more than 27%? Its between “Maybe” and “Yes” cuz you are slaving for your creditor.

It is good to be vast in knowledge but sometimes we forget the purpose of this enlightenment, it is not just to follow blindly.

I would advise, for the Nigerian environment ehn, be very knowledgeable then write your own playbook to fit the environment. Cuz if Adam Smith was born in Nigeria, half of what he wrote would have never seen light of the day. Nigeria’s economy would invalidate them

Final bullet: don’t forget the “rule of 72” 72/27 = 2.67 years. Meaning what ever amount you take as loan at 27%, would double in 2.67 years (ie 50 million becomes 100 million in just 2.67 years). That is not a small burden if you ask me.

LeoThaGreat:
This is why many oil companies chose Lagos as their headquarters, and barely anywhere in the South South.

I can't even imagine Badagry youths terrorizing oil workers at Folawiyo's company. The whole Badagry will stand up against it.

People really need to learn how treat investors then watch as more investment stream in. Human resources trumps natural resources always

Treat investors well you say?

Have you visited any of these communities, the level of poverty is visible to the blind. You can even stay there, cuz even from your moniker I don’t think you can sleep comfortably there.

Omo i just tire. The rich shouldn’t expect to live comfortably when it is poverty all around them.

God help us

owobokiri:
Bandits have taken over Kwara State and have sacked most of the indigenous people living in the villages.
As at today, Kwara State is the epicentre of herdsmen displays in Nigeria.
Meanwhile the folks from there are all fixated at the SE. Busy celebrating the capture of Gentle while fulani herdsmen create a new Emirate in Kwara.

Thread will end at most in page 2 or 3..

This is serious and cause for major concern.

If you are reading this and don’t understand the gravity, there are just two states seperating Kwara from the the center of excellence of Nigeria (Lagos state)

Just two states away from Lagos, bandits are having a field day.

There is a rule i always apply; if something is happening to others around you, never think it can’t happen to you.

***********************************

The smart move for Governor SanwoOlu is to start lending neighboring states resources to fight insecurity.

Read your bible, when a conqueror is coming: waging war against a country that is two/three borders away. Do you think Kings of old just fold their arms and say it doesn’t concern them? No! They lend resources. Cuz when countries are conquered, they are next!

Beerbeer:
Please know what you're saying. I have always been grateful to her for everything she has done. This is the first time I have ever messed up.

Grateful as how? Gratitude is in action, when it was time for action you showed your true colors.

Oga continue to hustle for yourself, nobody owes you anything especially when no be them born you.

Sonnobax15:

Nigerian politics is,the more you look,the less you gon see ....And it's not for the spiritually weak people..

If you no get body, no put body!

armadeo:
Truth and facts. Who's renting to them.

In hose days dem no born you well to come home even with t shirt when you no fit explain the source. Now pikin go build house for the papa the man go dey dance.

Shame on the nation. We're blinded by greed nothing else.

The extreme poverty is also a big factor.

Poverty is not an excuse, people were even poor in the 70s 80s, talk-less of now the quality of life has improved. I watch a clip of an interview with Warren Buffet, I can’t reallyy remember the context but he was talking about something that bothered him; he said something about how greed was increasing. He made mention of the Great Depression; people were poor but contented, that he beats him that now quality of life has greatly improved, people are so dissatisfied.

T-shirt ke? You are going too far. Extra “Pencil” that is not yours? You go explain tire.

At the bolded, I don’t understand some parents of nowadays. These failures we see in morality and craze for money are from the home.

Recently, I told my mum. Landlord wahala is too much for me, that i would buy a house soon (me prophesying to myself). You need to see how this woman start grilling; with which money? Apart from your regular job are you doing something I don’t know about? “Please don’t run faster than your legs, don’t get into something illegal”.

This is me with a full time job, talkless of a man his 22 year old daughter in University sending him money and he is happy about it. Tufiakwa!

brain54:
When madam vex na where she dey even go...?


Na wah o. Me sef short of words and advice!

Most people see these red flags at relationship stage and ignore it to the extent that you even marry her.

Babe wey small argument, she go comot. Hang out with friends all day, no return your text/call. Na hin you go wife lol. OYO

Who are the people renting it to them?!

Ironically the caretaker of my apartment building is an elderly man.

If it was in the 80’s such an elderly man seeing a young boy with no point-able source of income would refuse to rent to him. Fast forward to 2025, I can categorically tell you this elderly man is among the greediest and untrustable person I have ever met

The older generation of nowadays are nothing to write home about.

I know families, that their young daughters are the breadwinners. Like what tha heck! As a father your daughter in 200L Unilag sends 50k and you don’t question how she got the money?! Who does that?! This would never happen in the 70’s or 80’s no matter how poor the parents are.

Is armed robbery not death by firing squad? Has the law been changed

Let’s do the need abeg

Ibtxxo:
Gambling addition.
Hatred.
Poverty.
Depression.
Idleness.
This month alone I lost over 1m on sporty bet.
Why me

Oga take responsibility.

All these are yours to change. Leave your old man out of it.

Shawarmagirl:
She's right. Why bring children into this world to suffer? We have suffered on their behalf. My hubby and I agreed on only 2 children not because we can train them. Gone are days when people born 12. Even if you are a farmer, business man, born what you can carter for and give them good life comfortably like our politicians do.

It is just irresponsibility. When i become governor, there would be a special task force to protect children.

If an under 18 is seen hawking, the child would be taken and their parents called to pick them up at the nearest station. Once parents arrive, they will be locked for atleast 3 days and the children would be sent to orphanage till the parents can proved that they are now responsible and financially able to carter for children. In short it would be a crime for parents that have “offended” in this regard to have more children

Omayie:
Just In
💥💥REG2022 duty
🇳🇬 MB GLK350

As you posted it here.

It is either you read the trend name or you don’t know how to read

Anyways you go gree collect N1.2 million?

Babe wey you met at night club at 2am na hin e reach your turn, you can turn am to wife lol.

Who has that picture of a man rolling eba/fufu

Sabadon:
One of the wanted terrorist in public glare, and it calls for celebration cos he released some of his captives.
them even give am microphone dey televise am

I don’t know why northerners are toleranting this.

Look at the captives they are all Northerners, how can you tolerate something eating away at your well being

Kelvinnchucks:

this is nice.. but for a bank that has so many issues, i'm pretty sure these earnings aren't from the middle class.

imagine having to wait for an otp because you want to transfer 1k.

@Bolded it beats me.

I am pretty sure its government funds

oyaskii:
I am talking from half

Now i know you were watching the back of your TV lol.

When i say then, you know its the fight against Rengoku,I was referring to right.

Akaza was so pathetic in that fight, me sef shake my head for am. He was such a sore loser, he despised even himself…

…So much that he went to train, that is why he was way stronger in Infinity Castle.

NeoWanZaeed:
You saw the movie yourself. . Why quoting another person's opinion?
Something I watched more than millions time. Rengoku is my favourite
Go rewatch the scene again bro. Until tanjiro moved, that's when akaza picked up he needs to run. Had tanjiro not moved, akaza might be badly injure by sunlight with his head cut off

No mind that guy, Akaza got lucky. It was a win that even himself hate to remember. He was an inch from dying then.

**********************************

If i were to choose a side to fight for, I’d fight with the winning team; demons of cuz . I don’t see Hashiras taking the win in Infinity Castle without some serious plot armor.

.

oyaskii:
You forget Akaza is a upper ranked demon, and decapitating his head was no sure fire way of eliminating him as he might actually regenerate!, So Rengoku trying to cut his head, was him stalling for the sunlight to come..as far as i have watched now, sunlight and decapitation by Nichirin blade is the only sure fire way to off an upper ranked demon.

Akaza was really just toying with Rengoku in hindsight, all through the fight, and he only stepped up the gear, when he saw the sunlight coming..

You are wrong at the bolded. If Akaza had lost his head then he was gone gone.

The only reason he didn’t die from losing his head in infinity castle is because he evolved higher.

Given his evolution, I was angry about his death. That was definitely an plot armor.

CoronaVirusPro:
If you remove prostitution, the girl child is the best.

They have less problem.

Unlike the boy child, he will either be into internet fraud, drug and substance abuse , cultism, gambling or even armed robbery.

The chances of a girl going nut is very low if you remove prostitution.

What if i told you prostitution is the oldest and mother of all vices.

Plus i have noticed a pattern with any society on a decline, it always starts with moral decadence (ie prostitution) this gives way to children that will carry out more heinous acts.

Was it not recently i read a comment about the rise of matured self-proclaimed prophetess’.

Now here we have this one calling out someone’s else’s unholy lifestyle. So you can’t reach out to the person the message is for, right. The whole world has to hear the message along with her.

Hell fire will be full of sycophants, i just know it

GodPunishOsu:
I'm not sure this Dapo abiodun is normal at all

I'm not sure this Dapo abiodun is normal at all

It is not only him. Even his predecessors.

It is almost like they are operating under some weird curse that manipulates them to hate development. Like a secret covenant with backwardness.

Even to the extent that a church, would offer to build standard roads (the job of ogun state government) and they will say No, telling them to bring the money. It is definitely no normal.

I won’t like to be a member of his immediate family, i for don run go God of Oyedepo or MFM for God to separate me from the implication of being in any of Ogun state past governor’s lineage.

When i say you steal because you are thief! (Not necessarily cuz you are poor or even rich).

There are people earning 1/4 of this pilot salary and they will never do such.

Imagine earning over £170,000 and being a thief is in your soul

He should have been dismissed Management have set a bad precedent, they no longer have right to dismiss any younger staff for same conduct

NB: when i see a hookup babe telling a sob story or someone try to justify their crime with stories that touch, I just roll my eyes. You are who you are cuz that is exactly what you choose to be. Nothing else!

nedekid:
Oga even if them talk say stun gun, pepper spray de illegal, does that stop you from having one codedly? The illegality of stun gum pepper spray etc is not on the same level of illegality as owning pistols and other firearm.
Better get one oh, e de work well well.

You see the kinda narratives we promote in this country when we allow influential people get away with crime

The system they operate is a scam.

Timothy paid for visa, you refused Timothy and still kept his money

What is the difference between that and advance fee fraud

If you refuse someone a good/service, refund them. It is w fraudulent policy, just check their approval rate, US is cashing out from their fraud.

Sonnobax15:

Bannies

Just see how she was shining her teeth only the imagination that her husband is based in abroad alone don already make her s0ak with full bucket of orgasm

Had it been the so-called brother was one urhobo man who was struggling and hustling in Lagos and he mandated his brother to propose to his banny in Warri, would she had accepted?

Guys,make money and leave the rest to wonders..

Imagine getting married to someone abroad, wey you no too sabi; why? She sef wan go abroad.

You would think sense would guide her that this is not a viable relationship that should connote marriage.

Then tell why she doesn’t deserve everything her eye see for the marriage.

SadiqBabaSani:
THIS MAN DOING ALL THE WRONG THINGS RECENTLY.

From Radio ban to this,

Own goals everywhere

Bro the fight against radicalism no easy at all.

The poor are easily susceptible, then imagine a state where more than 70% are poor. God go help am

Dazzay:
It is God's money and the man shouldn't be refunded. He was not forced at gun point to donate the money.

Let’s be using sense please.

You go to the grocery store, you are to pay N10,000 then you mistakenly pressed N100,000.

Would you ask for a refund of N90,000, or it is now the grocery store’s money; so you will let it go cuz you were not forced at gun point to transfer the money

God doesn’t even want anything you are not giving willing, read your bible

Let go of folly in 2025 please

lol

Chubhie:
Izu has a clear pathway to becoming future Nigerian president if he can study and adopt the bobo Chicago manual.

Hmm