₦airaland Forum

This one can't arouse me sexually...I'm not attracted to girls with tattoos.

Baddestguyp:
this guy needs a welcome party

Lol... English checker...I meant to say movie series.

Bunch of failures. Under their leadership, insurgency, kidnappings and all kinds of abominable crimes thrived. The country bled badly and is still bleeding. They ought to be arrested.

That's ecobank.

Witcher on Netflix...it's a movie series. Very intriguing and full of suspense.

I'm done with season 1 and 2. Season 3 would be released on the 29th of this month.

Buddha3:
Baba, if you ever need to withdraw foreign currencies from 2K upwards, kindly find your way to the headquarters of the bank. You'll get what you want. Forget the inconvenience of traffic or any other excuse. If the money is meant to solve a pertinent issue, disregard those factors.

I'm not holding grounds for the banks or the Nigerian Government, I'm only giving you neighbourly advice as regards how these things work.

Errrm I don't think I'll need to do that cos I already have a much better alternative.

I transfer the $ to my mallam customer from my dorm account, and he'll transfer the naira equivalent to my naira account. It saves me the stress of going there only for them to give me one story or the other.

pharmagba:
Stop this myopic nonsense!
If you need you money transfer it to who can give you cash! In the first place what do you need $10,000 cash for in Nigeria

It's a pity when most people who claim to be intelligent rush to speak only for them to display gross ignorance.

The topic said withdrawal. And it was on that basis I made my comment. You're talking about transfer. Did you see transfer anywhere near the topic at hand?

Vinnie2000:
Ogbeni, Man U is bad for Osihmen.😊

Rashford will use him Jealousy take chase am away
Like he did to Ronaldo. 😏

Him and Rashford don't even play the same wing, so I don't understand what's making you giggle.

Dbest10:
How about Diego Costa

Did Diego Costa ever finished any season as the top scorer?

He did his best, but he certainly wasn't among the best.

Buddha3:
This is a colossal lie. If you ever need to do a withdrawal up to the stated amount, go to the capital city of the state you're in and head to the major bank branch. It might take a bit of time cause of bank queues, but you'll get $10K without being a politician. I've done it a decent number of times before, when I was executing a building project for a client.

You cannot need that kind of amount and walk into just about any First bank branch (for instance), and expect them to have the dollars lying in the vault for you. Even with the naira, there's a limit to how much unit branches are supplied from the headquarters. Let's be objective when we're analysing these things please.

How many customers can easily make it to their Branch's headquarters?

I know how many times I've been to the bank to withdraw ordinary $3k and they told me they're short on $$. Would you now Suggest I enter Lagos hellish traffic from the mainland to the island just to withdraw $$ when there are countless mallams I can easily transact with?

The reality is that no bank can easily cough out that amount at once and give to any customer.

Vinnie2000:
Ur club, Man utd will KILL his career. 😒

Dem Rashford, Sancho, Martial Jealousy and Badbelle will make him Struggle.

He should move to Arsenal or even Chelsea. But Chelsea no dey UCl. 🤨

Apart from Drogba, how many top strikers succeeded in Chelsea? Chelsea is a cemetery for strikers.

As for A$snal, unless he wants that title he won at Napoli to be the only silverware in his entire career, he shouldn't even dream of going there.

Mancity is out of question cos he'll definitely be on bench. He obviously can't bench Haaland.

And Liverpool didn't make it to UCL...

So ManUtd is still his best bet. Once he starts banging in goals, he'll get the support of the fans and most importantly the coach, so no one would be able to frustrate him.

Lol, what's the point, the reality here is that it would be almost impossible for a bank to give you $10k cash unless you're a politician. They'll always tell you that they're short on $$$.

What's the latest with our star boy, is leaving Napoli or is he staying, cos so far there are no confirmed offers from top clubs...I want him to come to England. ManUtd can buy him we need strikers

deewhydoski:
Doctors in house, Does having sex with a 1 month old pregnant wife have effect on the baby?. I don't want to take any chance it took us a while before God answer us.

It's dangerous cos if the child is a female, your sperm can impregnate her and you'll be expecting another child from your child in the womb. 🙄

You're advertising a property, yet you can't even put a single picture of the said property. So you expect prospective customers to waste their time calling you over a property they have no idea how it looks like?

De play.

izonborn098:
But i believe 4m fit work for bayelsa here.

Possibly...cos labour would definitely be cheaper than Lagos.

blujoi:
How much should one budget for a standard bar with the facilities you just listed. I’m interested

Depending on you location. If it's somewhere like Lagos, you should have at least 5m.

folake4u:
What is this? 😂😂😂

It is me ensuring that my wallet is safe.

KingAzubuike:
It's unfortunate many people dont know how fixed deposits works. That's how one was preaching to me if I invest so so amount I'll get bla bla in just 3 months. Let's say you invest 1M. 12% per annum of 1 million will give you 120k. If you decide to fix for 3 months that'll be 120÷12 × 3. That's 30k for 3 months. It doesn't make sense if you ask me. If you invest 5M that's 150k in 3 months. Fixed deposit na rubbish. Many banks won't even give you up to 12%. The highest is access and its about 8-9% or so. Its the fintechs like fairmoney or renmoney that gives up to 20% .

Thank God you understand what I'm trying to say.

The truth is you can never make any reasonable profit from the bank. It's literally impossible. Their fixed deposit is just a means to get high profile people to make huge deposits for them to trade with, and you're even right no bank would give you an interest rate of 12%.

As for the fintechs, I can't even advice anyone to fix 5m there regardless of how high their rate is, reason being that CBN can easily withdraw their license, or bring up a new policy that can permanently restrict them from operations, or a corrupt manager can defraud them and abscond with the money.

If you happen to have fixed your money there, and any of the following happens, what then, most of them don't even have a physical address, so how do you recover back your money?

What I use most of them for is to pay bills...I don't keep huge sums of money there cos it's not safe.

Puss360:
Oga REST......
Did I say that he should "Invest" on Fix Deposit
I said, since the money is an "extra" for now, he should put it in Fix Deposit, till when he needs it....
We always like investing without saving....
If he invest everything, what happens when there is an emergency either business emergency or health emergency?
Dropping it in Fix Deposit is better because of lesser access to the money....


Thanks

He said he wants to invest the money on a side Hussle, at least that's what I read. If someone comes to you for advice on what kind of business he should set up with 1.5m would you tell him to keep it as extra cos of emergency?

He already has a farm and is looking for an alternate source of income, the best we can do direct him on how to get one.

sukkot:
hehe trust you are well. Happy weekend

👍

sukkot:
ahhh well na your hand I dey chief. Take it easy on me lmaooo

Lol. No wahala, na hail I say make I hail you.

What exactly is this girl into. Cos she looks more like a brothel ashewo hussling for customers.

sukkot:
lol breh what it doooooo

I don catch you na. No hiding place for you.

GloriousGbola:
Farming is a hands on job. Your workers will mercilessly rob you blind. They will steal you into bankruptcy if you have no means of checking them

That's not how I understand farming. You only have to be physically present during farming and harvesting. He can hire people to weed it maybe once a month to avoid snakes pending harvest.

During planting season, he would be there physically to inspect them. Once cultivation and planting has been done, he can go back to his business and wait for harvest time...during the wait period, there would be nothing to steal cos the crop hasn't started yielding produce.

During harvest, he'll be back again to monitor them and take stock of his harvest, and transport them to wherever he wants them to be before selling them off.

pocohantas:
E be like na Nazgul be the guy wey buy me that their rice .

Na me o, na me. I go still buy you more if you so wish. Up Chicken republic. 😊

Sukkot aka Obadiah 777 aka Buzugee how body our Nairaland falseprophet1.

GloriousGbola:
Maybe our man naz-Gul. To avoid story that touch. How much damage can a hard greedy chop your babe do in chicken republic? As she dey order dey you get the numbers

Yes o! Make all these urgent 2k girls no go run me street. If she like let her eat 3 plates the money wouldn't reach 7k. So it's a win win for me.

Puss360:
Lol...
Why are we Nigerians always in a haste to invest....?
Investment is good, but you need to really really study the economy and the business... This our economy is not stable...
Try to save!!!
Save!!!
Put your money in Fix deposit...
You have one business, face it, save your profit after removing expenses...
Nobody knows tomorrow...
Don't open any business if it's not you that will handle it yourself..., Even your family, don't trust them with your business.. We are all Nigerians...
You have gotten 1.5m, save it... Face your business, hopefully it will yield more, then you expand that same business...
One big business, is better/sure than 3 or 2 businesses someone is managing for you....

The way most of you call this fix deposit, one would think that it yields billions. Unfortunately, you're just raising capital for the bank to enjoy. They profit with your money and give you peanuts.

Let me explain it better for you

Let's say he fixes 1m out of the 1.5m at a rate of 12% per annum for 3months.

This means that for the 3 months his 1m would be fixed in the the bank, he would be paid 3% of the 1m. Meaning he'll get 30k after fixing 1m with the bank for 3 months.

So would you still advise him to fix his money where he'll be making a profit of 1% (10k) per month or to set up a business that can sustain him and his family?

About trusting people...he's into farming. And Farming isn't a time consuming job, meaning he can always be at his new business and keep checking up on his farm from time to time.

talented321:
Nazgul,
Thanks for the advice, so like how much should i hold for the bar and restaurant, an average one

For bar. I would advice you make it standard not all these road side make shift bars, so as to get rid of hungry drunks, and credit mongers, who might turn your bar to their second home and run you down with debts.

A standard bar would attract high earners, (Yahoo boys, business men, traders, office workers...etc) so even if your drinks are slightly above the regular price, they would gladly pay for it because they love the setting.

To set up something like that, the following should be on your budget...

ACs

Deep freezers

Wines and drinks...you should have a reliable supplier for this.

Meat supplier...for pepper soup, Nkwobi, peppered meat, Pomo and gizzard.

Mikano plant.

A barbecue stand.

Bouncers and other staffs

DJ (for weekends)

Interior design cost.

Chairs. (Different types)

Plasma TVs


You can work with this budget and can modify it if need be.


As for restaurant, provided you have a very good location, 1.5m would definitely be enough to set it up.

Bet shop is gradually fizzling out because most customers are moving online which to them is more discreet. So in the next few years I doubt if bet shops would be in existence anymore. Besides your staffs might steal from you as it's very common in that business. They would play games worth thousands in a bid to hammer, and run away when discovered so the debt would be on your head to clear off.

Bar/restaurant. That amount is too small for setting up a bar...It would definitely be enough for a restaurant cos aside shop rent, other expenses wouldn't be up to 600k. But a standard bar no way, unless you already have a very big shop on ground. Even at that, that amount wouldn't be enough, deep freezers, different brands of drinks and wines in large quantities, ACs, interior designs, lightings...etc. You'd have to increase your principal in order to achieve this.

My advice...with that budget, you can go for the following.

* A standard barbing saloon. Beautify it and make it very neat. When it comes to barbing, customers would pay anything to Barb in a clean saloon even if your price is a little above average.

* If you're based in the town like Asaba, I'll suggest you start a laundry and dry-cleaning service where customers can drop off their clothes to be washed and ironed. You may also offer pick-up and delivery services to attract more customers.

* Mobile Phone Accessories: Open a store that sells mobile phone accessories such as cases, chargers, headphones, and screen protectors. With the increasing use of smartphones, this business can be profitable.

Because they're extremely judgemental towards other Christian.

Pickmycall:
Ofe nsala na pepper soup

Lol it's not pepper soup. It's a soup native to Anambra state which is consumed with any swallow of your choice. Pepper soup is totally different from Ofe Nsala.