₦airaland Forum

obaze21:
So apart from treasury bonds and like, what other safe investment are there? Pls help

Savings account

Risk and investment go hand in hand

Why should one invest in something other than banks on the nse

Anytime I look away from banks my heart bleeds.....

Without banks, investing in the nse is utter waste as the minimum to recoup ones investment is a minimum of 20 years

OgogoroFreak:
No system is 100% secure. Even bank accounts can be compromised. If you allow your email to be hacked then alot of damages can be done with most systems.

And someone here is looking for who will help him with bank statement

Chai

There is God o

emmanuelewumi:
We all want convenience, but we should also consider the safety of our funds and Investments.


If more than 50% of your networth are in digital forms and can be easily converted to cash in seconds, we need to be security conscious.

This is one reason I love beaureaucratic paperwork,most times it frustrates owners with genuine intent, but most times ends up being tha bane of scammers......

Biafran4life:
I think what you mentioned are the imported version.The 195 diseal generator to power it should be about 500k.The local fabricated should not cost more than 500k presently based on what the price was then I stayed in KD. Then it was less than 200k from a good welder with good finising double mould for 6 inches and single mould for 9 inches.The Yoruba guys could do wonderful finishing.Look for contact in the north axis if you consider block business for local machine.I believe with 1.5M you can start on low key plus space to use for it.And you can compliment the 5 and 4 inches with manual mould.Wishing you success

My dear u r overflogging the horse,

With just 1million, move out of the city and enter the interiors, there are lots of developing areas, lease or rent land for a year........ Not more than 1k for half a plot......with proper introduction and sincere intent, a lot of people will willfully lease u their land as the land will be put to use and not overgrown with weeds and trees

There is no way a 9-5 person like me will advise u on block molding, Na u b consultant, even when u don't know, u are better disposed at who to ask, u must have met with countless site engineers, plumbers, electricians, building contractors and must have visited many block molding industries

Please wear ur hard hart be proud and get ready to answer our questions, ur experience would be highly valued on this thread as many of us have sites we are developing

Zobah:
Good evening all!

I am writing this with heavy hearts and tears in my eyes I will be 28 years old this year ending.

it's been a long time coming from 8 years of SERIOUS hustling (carrying blocks at building site). But by God's grace I have been able to save =N=2m without stealing or killing to make money.

I need advice on what type of INVESTMENT I should invest the money into.

NB: The underlisted are out of my scope
a. CryptoCurrency
b. Gambling/Betting of all sort
c. Network Marketing/ Referral business program
d. Agritech & affiliatiate marketing

Thank you for you anticipated responses.

Suffering will forever be a mindset.....That u carried block for 8 years and can boast of 2million in your account speaks a lot about you

My dear you don't need advice again, u r a MAN

What u must change is the mindset that a block carrier is a failure......

That a Block carrier located this thread speaks Volume

Dear mute the noise of the crowd and enjoy the works of ur hands


Selah

Wapco dividend from pioneer profit


No withholding tax


But



Still can't match zenith

Oya....... E don do...... Sorry to all participants




Let's get back to worthwhile economic discurssions

condomuser:
Anyday any of the person's here start meeting together for any reason, it maybe the start of the greatest KIDNAPPING of all time.
A lot of people on this thread are thieves, cultists, arm robbers in real life. They are just waiting for you to slip slightly so they chop you mugu.

Do not fall for it . On the other hand, this thread is filled with lots of audio billionaires and millionnaires not knowing if they unfortunately get kidnapped, the same masterminder of the kidnap will care less of your worth rather eyes will be on the N100 million ransome.

On the other hand, what gives people the guts to come to a faceless forum to seek documented assistance still baffles me, is it the belief in miracles? It is wrong to seek for such in an open platform such as this, it's a personal matter and should never be brought openly unless a person with keen interest requests to sponsor such individual.

Lol

Gather for where, which billionaire has time for that, make maga use another format

In today's Nigeria, if one has gone through the scars of gathering only #1 million.....there are so many cheap calls he glosses over

The most difficult is usually the first time, that's y I fear for newbies

No oldies will fall for all the format I see on nairaland

helpyom:
I don't have anyone with such amount.

PS : Atleast for landed documents i have 3 at hand people willingly to give me both rural or urban area.

What the school need is an account with $Aus60,000 around 18mils naira.


I however said I don't mind paying anyone willingly to help me with that am not asking for money just documents to scale through this journey.

It's very rare getting help from unknown people yes the same internet has helped many for speaking up I can't die in silence.

Atleast let me ask whereby nothing happens by 25th March I know God knows why it still happened.



Please anyone here ready to help me.

I am only soliciting for statement of account with 18mil and other docs to verify I have a sponsor.

I got offered to a 2 year Direct entry Nursing program in Australia with partial scholarship. I am not asking any money from my help all I need is statement of account from any boss here to help me achieve my dream. The money for my tuition and scholarship are already sorted out just documents to verify me I can pay 100k for it please help an upcoming I will be grateful even when I eventually move to Australia my dream country

Oga

For whatever u say mind u, there are a million and one meaning that u imply which u may not be voicing out......

First and foremost thank u for implying that millionaires and maybe billionaires grace this thread

2.) u seem not to understand the weight of ur request, many of us here are averse to even our wives seeing our account balance not to talk of a handing a total stranger ur bank statement........ Seriously, I want to believe Oyedepo laid hands on u cos ur request bold gan

3.) Do unto others what u do to urself. As a true Nigerian can u release ur bank statement to someone u have no personal relationship with other than brief meetings on social platforms........

4.) my dear calm down, use this energy well off line, the fact that u have paid part of ur tuition means u or ur family is probably well to do....... Getting a statement of that magnitude is not beyond ur circle, do whatever it would take offline to achieve ur dreams even if it means kissing ass.

Nigerians will pay with their health for the refinery, many drug companies are already preparing, Banana island and lekki are just stone throw away......This inhabitants already can pay


It will boil down to this:

If you value your health over money you leave Lagos but if u value money over your health you stay

The beauty of a faceless forum is dat one can mask under the handle of a user name, ask pertinent questions and get solutions to ones problems that might have costed an arm or a leg if one has visited a consultant

BUT

BUT all too often we see people trying to get personal, wanting to get phone numbers and mail addresses forgetting "The true nature of close face to face relationships"

Until Kata Kata burst

Then we now have a plethora of character assassination.........

Please let's learn to be civil,keep private discussions private, don't let stuff out into public space when the going goes sour, when you probably would have kept quiet if all had turned out well

If I had a whip, I for beat tony and his bank UBA for failing me, after preparing for #1 dividend, they scammed me and gave 35kobo,,,,,I was sincerely hoping GT would tow the line of UBA but things no come balance


Lesson learnt

For those that keyed into zenith during covid-19,,,Happy first anniversary of dividend chopping with capital appreciation

This year I have a feeling it's UBA that will perform the magic.......UBA will be purnished severely for reducing dividend payment.....I see it coming down to the realm of circa #4.......

That's when we plan the swoop..........I see UBA giving a total dividend of 0.80k this year

I want to believe this will happen towards the close of second quarter when the likes of Dangote cement are paying dividend


...............caveat: I'm just thinking out aloud

arduino:
If Zenith near that price again........ Make I no talk sha...

it will

dipoolowoo:
Nigeria’s Unemployment Rate Rises 33.3% as Unemployed Persons Hit 23.2m
https://businesspost.ng/jobs/nigerias-unemployment-rate-rises-33-3-as-unemployed-persons-hit-23-2m/

Ardova to Fund Enyo Acquisition With Debt, Equity
**Assures Shareholders Higher Dividend Payout
https://businesspost.ng/economy/ardova-to-fund-enyo-acquisition-with-debt-equity/

Champion Breweries Gains 45.24% in Five Days on NSE
https://businesspost.ng/economy/champion-breweries-gains-45-24-in-five-days-on-nse/

GTBank Foresees Banks Struggling With 15% CAR
**Expects Tighter System Liquidity, Rise in Interest Rates in 2021
https://businesspost.ng/banking/gtbank-foresees-banks-struggling-with-15-car/

NASD Investors Gain N2.5bn in One Week
https://businesspost.ng/economy/nasd-investors-gain-n2-5bn-in-one-week/

2023: Fayemi and a Development Minded Presidency
https://businesspost.ng/featureoped/2023-fayemi-and-a-development-minded-presidency/

Merchants, Shoppers Jubilate as NQR Code Launches in Nigeria
https://businesspost.ng/banking/merchants-shoppers-jubilate-as-nqr-code-launches-in-nigeria/

India to Criminalise Use of Cryptocurrencies
https://businesspost.ng/world/india-to-criminalise-use-of-cryptocurrencies/

Oyo Lawmaker Urges Politicians Provide Basic Needs to Masses
https://businesspost.ng/general/oyo-lawmaker-urges-politicians-provide-basic-needs-to-masses/

At about the time the loan Otedola took out as chairman is about to expire, this guys are about to reopen another loan,when will minority shareholders smile

Biafran4life:
Oga I no get strength.We don't live in the moon.How many Nigerian drive new cars presently or can afford quality one including you.The electric car will come as brand new car. And how much do you think it will cost for the low/middle class to buy one With good safety standard..Pls don't even advocate people can go the way of consumer loan

there are lots of enterprising folks hustling trying to make ends meet..................... Let me give an example, when the price of Keke marwa was getting out of hand, someone out there probably in Ladipo came up with the Idea of bringing in this Suzuki hijet buses from Japan as tokumbo replacement for keke, a risk that finally paid off as it is priced in conjuction with new keke.......................... At inception I once priced this buses for 100k and the seller would sell gladly to me, something you cant get now for 900k

One thing with free markets is that people will come up with solutions, You will be suprised

Im not claiming anything, what Im saying is that whatever makes the govt of developed countries trying to phase out petrol and diesel engine cars from their roads will also trickle down to Africa ............... Im not a scientist to start advocating the advantages of one form of energy over another, what im saying is that this technologies that are touted to replace engines are filtering in gradually to the streets, Solar is just an example that I have seen being used daily around me with laymen advocating its efficiency over Nepa and petrol generators.......................... The more this tech gets cheaper the more the adoption, the more you see them in Africa ..........

ositadima1:
Trust me, I have done some research on utilizing solar panels to charge PEVs (Plug-in electric vehicles) and it is not viable on a commercial scale. Except there is a drastic improvement in the efficiency of solar panels.

Let me do a little math here:

2020 Tesla Model 3 Long Range only requires 26 kWh of energy per 100 miles.

A standard solar panel generates 300W per hour.

You need 26000 / 300 = 86 pannels to fully charge one vehicle in 1 hour.

You need 26000 / (300 × 2) = 43 pannels to fully charge one vehicle in 2 hour.

You need 26000 / (300 x 5) = 17 pannels to fully charge one vehicle in 5 hour.

U get my drift? Note that I am not accounting for losses during the energy transfer.


On your second point, like u said, people solving these problem don't take Africa into account - they dont take our abysmal electricity situation into account.

Even at that, they are not going to run this vehicles on solar, they are planning to install charging stations for these cars supplied from a grid.

Do we have such infrastructure in Nigeria, most importantly, are we going to have them in the near future?

Lets not drag on the numbers or the technology that would replace oil, its not in my place to say anything on that

but the practical example i gave should show you that the world is heading somewhere, " the normal electrical store usually possess 1 i pass my neigbour Generator to test bulbs, DVDs, and sundry that customer buys, the fact that many have moved to solar tells me this traders have seen something practical in it...................... This definitely is revenue loss both for NEPA and Oil traders...........

Africa will definitely not be left behind, rather i would say maybe Africans would use technology of lower quality, If Apple phones are too expensive, we use tecno and itel and not grand mama telephone

Me and You know that Yankee Coke taste better than Nigerian Bottled Coke, but Coke na still Coke, Africans are not drinking Zobo and calling it coke

ositadima1:
Their will be a diminished demand for petroleum products in d western countries, but in Africa not so much, I still see a lot of 90's cars on the streets. Most African countries cant generate enough electricity to run their basic needs talkless of using it to run vehicles.

50 years from now, the internal combustion engine will still be prevalen in most parts of Africa.

So also Africa, If u go round streets this days, most shops are installing one form of solar or the other, No viable small scale electric shops use Nepa or "I pass my neigbour Generator" again............

The death of internal combustion Cars in Europe and America spells doom for such devices in Africa....... I once heard Students of a nearby polytechnic discussing the advantage of that #1000 solar charger to "I pass my neugbour" Generator....


Secondly, the people solving this fundamental problems are not Africans, I dont see Africans today using the morse code, telephone or even Fax, Africa moved with the world to the use of internet communications, one would have expected Africa to be using this outdated technologies

ositadima1:
So why is dangote afraid? Why are they pursuing regulations that will allow only refinery owners import refined petroleum?

Massive investment such as Dangotes refinery usually recoup their investment in 20 to 25 years but Dangote probably wants to recoup his in 2 years...........

Dangote knows he faces an existential threat from renewable energy, while we Nigerians wallow in our pitiable state of fuel price increase......

The refinery targets mostly pms and diesel, the current opium of the Nigerian and west African markets

ahiboilandgas:
Americans are a bunch of hypocrites....what development contribution have they brought to Nigeria compared to the Chinese that have built trains and airport terminal in Nigeria ...instead give loan via imf with crippling conditions of civil servant sack, electricity hike via markets rate ,petrol hike , high taxes to pay back their wicked loan paid into federation accounts when they know that the monies will be looted and Mis managed .....Americans govt wants us to be importing cement and petrol ..Dangote refinery is a treat to thier refineries and will capture the west african markets ...from their hawkish traders like vitol and transfuga whom are the biggest oil traders and will never want the arrangement changed

Dangote once mentioned that he can only invest in businesses that international majors divest away from or are not interested in......

This is a very good strategy for a big business originating from one of the most corrupt countries in the world.........Every Tom Dick and Harry knows that the likes of Dangote can never take on the likes of Shell, BP or Texaco in their hay days.........

This companies gradually divested away from oil and gas........

Well managed firms that learnt well from the Americans are also doing the same currently, you can imagine the likes of The Saudi Royal Family taking the likes of Saudi Aramco public and agreeing for the public to have a share of this sugary cake............

My dear Dangote is about to finish the scraps and he has got only 10 years to recoup his investment


The likes of London even Beijing have announced the end to internal combustion engines in the year 2030........ Germany is seeing a rise in unemployment as generations that have depended on the German car industry go out of business.......The internal combustion engine need about 3000 parts crafted to high tolerance and has depended on Germans for generations to come up with solutions compare it to the new tesla electric engines that need fewer than 150 component parts with lower precision.........

Dangote refinery might end up being a cog in the wheel of the Nigerian adopting better and safer technologies as the govt will definitely want him to recoup his investment

Dangote is definitely not the Messiah

Y r all not factoring covid 19 into companies results


Na GT result go finish every body


I expect serious cut in GT dividend announcement


Then Access will bury the coffin

Silverpurple:
Hello house,

What are your thoughts on crowd funding agric investment going forward. Is it a stable environment? Some firms have collapsed while some are still going strong.

I just want to have a feel of the team here on this form of investment....

Merci

If the operators of the fund know their onions well, it definitely will pay off but the bulk of crowd funded agric schemes are just charlatans looking for guillible newbies

eziokwunwoko:
Good evening sirs/ ma.
I want to buy UCAP because of dividend.
Qualifications date is March 5th , if I buy on 3/4 march, Am I qualified?
Closure of register is March 8-15. When is it appropriate to sell?if I sell before March 15 will I still get dividend?
Please I need answers

UCAP right now is for seasoned traders, except you want to key in for long term, in fact very long term or should i say life time.............. In 6 months time UCAP price will fall to u=its year low

Donbrig:
You just viewed it from my own perspective. It is all about greed.

emmanuelewumi is only supporting the unethical banking modalities in Nigeria because it favours his investment plans, perhaps he has enough money to pump into the system and make huge profits, forgetting about the millions of people who don't have such privileges and might become a threat to his own investments and life.

I have lots of investments in Nigeria, mainly hotels, bakeries and real estates, but whenever I look at the unfair system I am making money, I begin to ask myself lots of questions. King Solomon called it vexation of the spirit, all vanity.

At the end of it all, it is far better to have a healthy society with fairness and equality, than have a few multi millionaires and billionaires who doesn't want the status quo to change for the betterment of the masses.

Why blame him for a system the whole world has adopted, he just found a way to get his own cut from the system of things by analyzing numbers.............

Don't place a judgement on his dealings

Entering deep into this discussion would mean delving into the fundamentals of how to run a society, an emotionally charged topic for we humans.......

Dum20:
I am really curious to know why a stock like Zenith that pays clost to N3 as dividend per year struggles to sell at N30.

This is amazing to me.

Maybe oga @emmanuelewumi will know better

I think its generally the nature of the banking business.......... Banking is generally the easiest business to do, if you can scale through regulations, Its also the fastest way to loose your entire wealth.......................... The bulk of Banking assets are really just numbers on some servers, These numbers are even worth more than the servers they reside on, any head wind that threatens the reality of this number spells catastrophe for the business.......


That is why the best time to buy banking stocks is not now but during headwinds like covid-19, Ebola scare, Financial melt down, hurricane Katrina,

What is crypto in crypto currency,
What can I buy with it,
Any physical representation of its online value like a dollar bill



Ballers should educate me on the rudiments

emmanuelewumi:
For those who have the liver, United Capital an Investment Banking firm is giving out margin trading loans of between N5 million to N100 million to their interested clients for trading in the stockmarket.

If u sure of ur trading tactics....

Put ur money where ur mouth is.......

I can now see why Nugerians prefer to borrow from friends and relative......there is option for stories that touches


Who will hear this stories at United capital, then go just wipe ur stock collateral

Lazyyouth4u:
Banks in other countries were hearing ‘ween’ in 2020 as a result of lockdowns and curfews while Naija banks are reporting huge profits and declaring dividends

Na wa o...

Lockdown was only in Lagos Abuja and Ogun state..... Other states were buzzing with activities

Be careful of d news

Exumal:
Just know that there are lots of irregularities in the Nigeria's system, if not those Ibo guys ought not to run pharmceuticals at all. The results are really affecting everyone, even the musa anin the street self. The system is really bleeped up. To them it's business over human lives and professionalism. No be person wet go study pharmacology go understnd professionalism.

Why blame those Igbo guys when there is a NAFDAC, there is also an NPA through which this drugs pass and there is a Standard Organisation of Nigeria.........
Mind you there is also a Pharmaceutical body in the country......

To every Nigerian out there, Don't ever pray to be in need of the system cos e go Bleep u up big time, dats y Buhari visits his London doctors anytime he farts irregularly

Ucap and probably uba will be the only compensation this yeAr for holding Tony's companys