₦airaland Forum

N71m for sale at $210...BB 793F3D58

Bro, trust no one!

Welcome to Nigeria, where basic amenities is a luxury!

I miss the 9ja squad from 1994. Yekini, Amokachi, Oliseh , Finidi, Ammunike...ORDINARY Guinea beating us now is a shame to our country

Mugun don pay shout halleluya o o o o o

Auction Date 18/11/2015 18/11/2015 18/11/2015
Allotment / Issue Date 19/11/2015 19/11/2015 19/11/2015
Tenor (91-Day) (182-Day) (364-Day)
Offer Amount (=N=) 32,436,508,000 22,824,447,000 64,677,523,000
Total Subscription (=N=) 67,095,252,000 63,461,822,000 170,498,311,000
Allotment (=N=) 32,436,508,000 22,824,447,000 64,677,523,000
Range of Bid Rates (%): 3.9900 – 12.5000 5.0000 – 12.0000 6.4400 – 9.3448
Stop Rates (%): 5.3424 7.2500 8.5000

Dumb post...

This country self. We were almost robbed on Lagos- Ibadan express way , we saw a policeman walking about a mile from the scene like " wetin be my own" i tire.

I was in 9ja last week , that airport is a mess. I am very disappointed in the way things are in that country, no improvement since 20 years ago when i moved. God help us!!!

Use your common sense here bro!

Keshi isnt the issue, we need good talented players: we have two or three ONLY!

Is t bills save with the new govt inplace?

Nothing good comes out of Nigeria...Fire, robbery,accident , corruption. God help us

I cant believe some folks are still going for Jonathan. I guess some people are just surfer head. If he wins, dont come back and start complaining. Another 4-8 years of corruption and mis management

I dont know why Nigerians pay so much emphasis on cars! It is not an ASSET O! WHO CARES?

Nigeria Jagajaga...The election will be postponed again. Lawless country driven by the rich and the politicians.

U definately no get work lol

Thats part of being a man...You win some u lose some! 6k aint nothing but shine your eye next time ...

U on BB?

Price is vey important when advertising

70m for this tiny crib? "Justasking"

The NFF is a mess, cant believe we havent kicked these guys out after the World Cup performance. Osagie, Enyima deserves to stay; the rest of the team should go to hell!!!

Sold!!!

Hello Fellows, whats is a good business to do in Nigeria with 85m? I live in Canada and looking to shuttle from here ; have invested in businesses in the past but had bad experience dealing with dishonest and greedy folks out there. Any suggestions?

LAGOS (Reuters) - Africa's richest man, Aliko Dangote, plans to invest up to $8 billion to build a Nigerian oil refinery with a capacity of around 400,000 barrels a day by late 2016, the tycoon told Reuters on Tuesday, almost doubling Nigeria's refining capacity.

"This will really help not only Nigeria but sub-Saharan Africa. There has not been a new refinery for a long time in sub-Saharan Africa," Dangote said in a telephone interview.

The country currently has the capacity to produce some 445,000 barrels per day among four refineries, but they operate well below that owing to decades of mismanagement and corruption in Africa's leading energy producer.

Nigeria, the continent's second-biggest economy, relies on subsidized imports for 80 percent of its fuel needs. A surge in domestic capacity would be welcomed by investors in Nigeria, but it would cut into profits made by European refiners and oil traders who would lose part of that lucrative market.

Dangote said the country's ability to import fuel would soon be challenged. "In five years, when our population is over 200 million, we won't have the infrastructure to receive the amount of fuel we use. It has to be done," he said.

Past efforts to build refineries have often been delayed or cancelled, but analysts have said Dangote should be able to build a profitable Nigerian refinery, owing to his past successes in industry and his strong government connections.

The Dangote Group's cement manufacturing, basic food processing and other industries have helped lift his personal fortune to $16.1 billion from $2.1 billion in 2010, according to the latest Forbes estimate.

Nigeria has two refineries in its main Port Harcourt oil hub, one in the Niger Delta town of Warri, and one in Kaduna in the north that serve 170 million people. Not one of them functions at full capacity.

Analysts have said previous attempts to get refineries going have been held back by vested interests such as fuel importers profiting from the status quo. Dangote said this concerned him.

"The people who were supposed to invest in refineries, who understand the market, are benefiting from there being no refineries because of the fuel import business," he said. "Some ... are going to try to ... interfere."

Nigeria's government subsidizes fuel imports to keep pump prices well below the market rate at a cost of billions of dollars a year. Fuel subsidies are the single biggest item on the country's budget.

Dangote said making a new refinery run at a profit would work even if the government failed to scrap the subsidized fuel price that has deterred others from investing.

"We've done our numbers and the numbers are okay."

Whats the ROI on that?

Guys! I am moving to Nigeria after been in the U.K for 15years. What type of biz could i invest in with 40M naira?

Thanks

What a country!

Still for sale 4.5m

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Your thoughts pls...