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Mykellio's Posts

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Investment / Re: Foreign Investors’ Interest In Nigeria Declines By 27.5% by Mykellio: 3:51pm On Jul 12
thebosstrevor1:
The professor is talking nonsense, saying things like inefficient power supply, naira depreciation and increased cost of production that is why no body is investing , the same nonsense he has been telling his students since 1989.

the Director-General of the Abuja Chamber of Commerce and Industry, Dr Chijioke Ekechukwu, made some very good point than the professor.

The main issue why nvestors are not investing is mainly security and not naira depreciation, naira depreciation makes foreign investors buy assets for very cheap. Cosy of labour is very cheap in Nigeria, compared to other places and big companies do economics of scale to recoup all their investments.

How is Naira depreciation not an issue?

You transferred USD1m (NGN360,000,000) in 2020 at NGN360 to USD1.00 from your Bank in New York to your UBA account in Nigeria for business.

Fast forward to 2021 the principal amount NGN360,000,000 now is USD720,000 (@NGN500 = USD1.00) that's 28% loss on the PPP value of the Naira.

To repatriate the USD1m you must have done business worth NGN500,000,000 which is NGN140,000,000 (38% ROI) over and above the initial principal amount.

Tell me how is that attractive as an investor whether local or foreign?

How is the professor talking rubbish and you are the one making sense?

4 Likes 1 Share

Phones / Re: Let's See Your Phone Home-screen (screenshot) by Mykellio: 11:59am On Jun 29
Mine

1 Like

Pets / Re: Inquiry For International Pet Travel Assistance by Mykellio: 6:07am On May 04
Anyone with credible info
Pets / Inquiry For International Pet Travel Assistance by Mykellio: 10:22am On May 03
Hi everyone,

An experienced expert in international pet travel (export) is urgently required.

The following areas are to be covered:
1. Vaccination

2. Documentation

3. Logistics (feeding, accommodation and transport from current location till handover to cargo company)

Thanks

WhatsApp only 07014120649
Business / Re: Shoprite Sells Nigerian Business To Property Company by Mykellio: 9:21am On Apr 15
Frontail:
... Google map and many more appss you can start from point A to point B by setting a dummy Location without necessarily being in point A as displayed.

Shey you get time to dey answer me ba ? I have unlimited Data to help you Useless your time cool

Mr. @Frontail... I didn't set any point A to point anything.

I pinpointed a single location. Not a direction. There's a difference.

Now we can all see it merely boils down to having a cheap Android and daily bundle to spew thrash on intelligent threads.

Not a single iota or atom of intellectual effort.


No wonder you have over 900 meaningless posts/ comments and not one intelligent topic to your moniker.

Empty barrels really....

The mistake is mine. Good day.
Business / Re: Shoprite Sells Nigerian Business To Property Company by Mykellio: 5:06am On Apr 15
Business / Re: Shoprite Sells Nigerian Business To Property Company by Mykellio: 8:07pm On Apr 14
grandstar:


They are. making sales. The problem is the bad economy under Buhari.

One of it is FOREX instability.

How do you explain having Ngn100m in your bank account which should be equivalent of Usd263,000 (Ngn380 = Usd1.00 official rate)?

You decide to change and forward to your domiciliary account. You are getting Usd260,000 thereabout (Ngn480+ = Usd1.00).

Which country in the world has multiple FX rates for one currency?

How do you expect a foreign investor to stay with such systemic discrepancies and inconsistencies

2 Likes

Business / Re: Shoprite Sells Nigerian Business To Property Company by Mykellio: 7:55pm On Apr 14
smiley

1 Like

Business / Re: Shoprite Sells Nigerian Business To Property Company by Mykellio: 7:40pm On Apr 14
Frontail:
.. Mumu talk ! Shoprite is exiting most of its west n east African Market ! You think is only Nigeria ?

Stop saying or posting what you ain't sure of.

With regards to Kenya. They met a stiffer competition.

NAIVAS Stores...

Certainly they'd underperform. They SHOPRITE couldn't stand the heat.

Kenya is not like Nigeria. Within 2km on Nairobi-Mombasa Road. There are 3 big malls:

1. NAIVAS Shell near Hilton hotel

2. Gateway Mall also has NAIVAS Stores

3. Signature Mall also with NAIVAS.

And people don't go in snapping pics like Ikeja City Mall, Novare Ajah, Palms Lekki.

There's real purchasing power.

Please get your facts straight.

2 Likes

Business / Re: Shoprite Sells Nigerian Business To Property Company by Mykellio: 7:33pm On Apr 14
ZendayaColeman:
Nothing remain for this country again.



Nairobi on my mind

Buzz me
Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 11:07am On Mar 24
Juno wants to cook...

1 Like

Pets / Re: Breeders Forum Nigeria by Mykellio: 11:24am On Mar 22
07014120649
Pets / Re: Dog Breeders Whatsapp Group Link by Mykellio: 11:23am On Mar 22
07014120649
Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 11:18am On Mar 22
Venus...

Now 6 months old.

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 11:17am On Mar 22
Juno...(pics)

8 weeks ago.

She's an expectant mummy right about this week.

Looking forward to cute and healthy puppies.

Stay tuned.

Pets / Re: Venus: Cutest LBD (local Breed Dog) On Nairaland - Post Yours by Mykellio: 5:03pm On Oct 30, 2020
Lunchtime!!!!

Plates arrangement - daddy, Juno and Venus

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 4:42pm On Oct 30, 2020
Juno and Venus at 10 months and 8 weeks respectively...

Pets / Venus: Cutest LBD (local Breed Dog) On Nairaland - Post Yours by Mykellio: 4:42pm On Oct 30, 2020
Let's celebrate the Nigerian breeds, local breed dogs (LBD), Ekuke, Nkita and all the funny names we call them here.

Here's mine - Venus...

Currently an 8 weeks old female LBD.

I see a lot of pips here look down on Nigerian breed or local breed or Ekuke.

Our LBDs just need a bit of care, attention and affection.

Give them good food.. Not just swallow and watery stew. Improve their fat and protein diet. Book them a vet appointment.

Venus is so much fun to be with.

She never allows her big sister Juno - a (10 month old) female Rott Mastiff - to rest.

There's a thread of them together https://www.nairaland.com/6029413/juno-female-rott-mastiff-venus

1 Like

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 4:51pm On Sep 27, 2020
Juno and Venus bonding beautifully

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 3:20pm On Sep 27, 2020
PAQ:
What is NSD pls? Nigeria Shepherd Dog angry

That's how I met it here on nairaland bro....

Venus is a Nigerian breed. But I'm hellbent turning her into an enviable stunning beauty that will make foreign breed studs drool. grin cheesy wink

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 8:47am On Sep 25, 2020
One big happy family cheesy smiley

After food... Everybody will just crash.. cool

2 Likes

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 8:15am On Sep 25, 2020
Lol...

Venus still trying to get the flow.

She did her number 2 on the centre rug - Juno's fav spot

Juno looking like ...WTF did you just do Vee? Seriously?

Lol...

Once you are equipped, cleaning up mistakes like this won't be a biggie. 2mins we are back to normal.

When it's food time, everyone is quiet. Table manners. I'm the slowest eater in the house. Lol.

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 8:28pm On Sep 24, 2020
More bath pics

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 8:26pm On Sep 24, 2020
Juno bath time...

She just loves the feel of handshower pumping warm water on her body...

Lol

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 8:20pm On Sep 24, 2020
Juno playing big sister

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 8:18pm On Sep 24, 2020
Welcome Venus

A month old female NSD..

Juno's kid sis and playmate.

Very assertive and fun.

The real extrovert between the two.

1 Like

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 9:23am On Sep 12, 2020
wizi44:
your dog might be close to its heat period

She has actually started.

We are waiting till next year as advised by PAQ.

She's handling her changes well.
Pets / Re: Diary Of Zee My Female Boerboel. by Mykellio: 11:34pm On Sep 10, 2020
PAQ:
Zee is 4 months today.

Looking gorgeous...

1 Like

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 11:30pm On Sep 10, 2020
Just back from work...

She started playing with my shirt.

So we decided to have a photoshoot.

1 Like

Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 6:16pm On Sep 08, 2020
Wow..

Thanks for this. A lot of people (friends, family, neighbours and admirers) dozens of contacts collected during walks.

All waiting for puppy alert.

I felt so too about the timing. But the pressure now is something else.

Someone even called from Jos to sell me a male bull mastiff yesterday evening.

Please more of these helpful comments are needed. I don't know it all.

Thanks so much.

PAQ:
Juno looks loved and cared for. Because of this you should allow her develop fully before you start crossing her. Large dogs take 18 - 24 months, do not be in a hurry and cross her at her first heat, you will stunt her growth.

When you look at most female dogs on nairaland, they look smallish and malnourished because the owners rushed in crossing them to cash-out. You can rarely see good looking females like you see males. Allow your dog develope fully.
Pets / Re: Juno (Female Rott Mastiff) and Venus (Female NSD) (Brief Diary) +pics by Mykellio: 12:06pm On Sep 07, 2020
Photoshoot today...... 8months old Juno

Pets / Re: Stud Service by Mykellio: 12:03pm On Sep 07, 2020
Hi.

Send pics to 07014120649.

Thanks.

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