Politics › Re: Subsidy Removal: Turnover, Profits Soar In Oil Companies by laryken14(m): 8:47am On Jul 21, 2025 |
Except for the fact that fuel is a peculiar type of commodity. People still buy when the price increase. If 100 people were buying when the price was 200 naira and 50 people buy when the price is 1000 naira, that's massive profit. SmartPolician: Who wrote and edited the article for Vanguard? Profit before tax is no profit. The real profit is what you keep after all deductions have been made which is called net profit.
That's what I looked out for because I never expected it to increase. In fact, I expected sales to drop because price increases always result in sales drop. This is basic economics. |
Politics › Re: Lai Mohammed Bags UN Appointment by laryken14(m): 1:31pm On Jul 27, 2023 |
Until Nigerians understand who the real masterminds of Nigeria's problems are, Nigeria will continue to be the way it is. They say a problem known is a problem half solved. |
Politics › Re: Floods Kill 20, Injure 37, Destroy Properties Worth ₦1 Bllion In Bauchi by laryken14(m): 3:20pm On Aug 27, 2021 |
Good drainage system cannot stop these floods caused by climate change princealexndre: If they were told to use good drainage system they won’t believe |
Career › Re: The Privileged #nairalife Of An Investment Banker With Multiple Side Businesses by laryken14(m): 1:47pm On Aug 17, 2021 |
This was so enlightening |
Investment › Re: How Easy Is Forex Trading by laryken14(m): 6:42am On Dec 20, 2020 |
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Investment › Re: MBA Forex (please I Need Better Explanation) by laryken14(m): 6:36am On Dec 20, 2020 |
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Investment › Re: Metatrader 4 Account For Sale by laryken14(m): 6:33am On Dec 20, 2020 |
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