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Nairaland Forum / Nitric's Profile / Nitric's Posts
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Investment / Re: Will Naira Crash Further Against Usd? by Nitric(m): 5:59pm On Jan 04 |
It is very likely it will crash further due to demand pressure because Nigeria is an import dependent country |
Business / Re: In What Good Business Can One Invest N5,000,000? by Nitric(m): 5:52pm On Apr 26, 2023 |
kingssmith: Charcoal business is rubbish business, you people should not be giving investment advise about business you know nothing about. I invested in that business and every single day I remember that investment I get angry for wasting so much money in a stupid business. If you are sure of what you are saying provide a movable collateral worth 4 million let me give you a loan of 2 million so you can show us how you will perform the miracle of making profit of 500K every month from charcoal business! 2 Likes |
Investment / Re: Seeking Export Partnership For Food Items - N1million Fund Available by Nitric(m): 2:48pm On Sep 24, 2022 |
MrSuama: Thank you for your input...I have a few additional questions The intended customers are Nigerians who live in Europe and the Americas. Do you have any idea how much it costs to register a product with the regulating authorities in these countries? If these items have already been registered is it still necessary for me to register them because I'm very sure I won't be the first to start exporting these items? |
Investment / Seeking Export Partnership For Food Items - N1million Fund Available by Nitric(m): 11:35am On Sep 23, 2022 |
I want to explore opportunities available in export of food to the United Kingdom and the United States and I need partners who have experience in it. An investment fund of N1 million is available to use as working capital for purchase of the first few items to do a test run. I'm not looking to invest in another person's business, there is already a business name and a dedicated bank account for this business therefore what I need is someone who will lead the business operations while I provide the funds and at the end we share profits on pre-agreed ratio The items I want to start exporting are Nigerian packaged foods and condiments that have a shelve life of at least 4 months such as Nigerian made noodles, food seasoning such as Maggi cubes, Onga, Knorr etc, then palm oil, ogiri and the like. This proposal is not for people who only have theoretical knowledge, it is for those who are currently involved in it and understand the entire value chain from export in Nigeria up to marketing and actual delivery to African shops in the UK and US Please contact me using the email address below - universaljointventure@gmail.com 1 Like |
Investment / Re: 2022 Investment Thread by Nitric(m): 11:19am On Jul 21, 2022 |
ublight: Where are the remaining 98 business opportunities you talked about? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 10:14am On Jun 13, 2022 |
xenastar: I replied your PM but it bounced back. It appears there's a problem with your email |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 1:48pm On Jun 11, 2022 |
HorlinksStore: Yes it's still viable however the amount available is smaller now. Please note that the conditions for making an investment still remain - Only existing businesses which have been in operation for at least 5 years will be considered |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 11:31pm On Apr 23, 2022 |
ChybuzzDD: Well it started off well but eventually I realised that it's not even as profitable as I was led to believe. When people bring business proposals to you they make it seem as if everything will proceed like clockwork once you invest money in it especially if you will bear most of the risk of financing the project 3 Likes |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 11:19pm On Apr 23, 2022 |
LifeSolutionsTV: Why would anyone go to an arcade to play digital games in 2022 when he/she can do so online using his phone or computer? 1 Like |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 2:53pm On Aug 28, 2021 |
chiefibeto: Do you have any particular company in mind? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 2:48pm On Aug 28, 2021 |
cleish: How long has this business being in operation? Do you have assets you can use as collateral? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 2:46pm On Aug 28, 2021 |
afosoft: How long has this business being in existence? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:14pm On Jun 27, 2021 |
Oluwahelpme: What's the investment proposal about? |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:08pm On Jun 27, 2021 |
Phraences: I already have an active savings scheme in Piggyvest. I'm not interested in Risevest |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 9:42am On Apr 21, 2021 |
SouthernTaliban: Quite a number of people contacted me here and through PM so I received a wide rage of business proposals from ones that were very good to some that were foolish or just downright scams. The major issue is that they all claim not to have collateral; based on my previous experience there is absolutely nothing that will make me provide funding without unless I get a collateral or have some way to implement tight controls to secure my funds. I did go into a partnership with an upcoming rice distributor of Nigerian rice. To secure my funds we opened a business account to which I am the sole signatory but she receives credit alerts on the phone while I receive the email alerts so we can both keep track of payments and deposit of sales to the account. 2 Likes |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 9:28am On Apr 21, 2021 |
Onuels: Thank you for your advise, I will bear it in mind |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 9:27am On Apr 21, 2021 |
Akorede1010: I'm not interested in anything that has to do with speculation of any kind no matter the potential profit. I only want real businesses |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 9:03am On Apr 21, 2021 |
kemkem303: I live in Lagos and would prefer to only get involved with businesses that are within Lagos so it will be easy for me to monitor |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:38pm On Dec 31, 2020 |
Phraences: I will only consider companies that are physically located within Nigeria's legal jurisdiction 1 Like |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:36pm On Dec 31, 2020 |
Hybkay: I have no experience in large scale agriculture and because of the nature of my job I will not be able to physically oversee the operations of a new farm I would consider investing in an already farm (It must be located in Lagos or Ogun State) so long as it has already been in business for a minimum of three years. Please note that before I release any money I will conduct a thorough financial due diligence |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 6:27pm On Dec 31, 2020 |
FlyHeight: I'm open to considering short term loans with adequate security (collateral) so long as the loan will be used for a productive business that will generate inflow for servicing and repaying the loan. In this case I do not think the owner of the property will give it up without a fight which means that the process will likely take longer than 90 days resulting in any loan I provide getting tied up. Good luck in your search |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 9:02pm On Dec 20, 2020 |
Phraences: I'm not asking for investment advise I'm asking for suggestions of investment opportunities...they're two very different things |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 9:53pm On Dec 05, 2020 |
Wyloutproperty: I'm not particularly interested in real estate at the moment |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 11:21am On Dec 04, 2020 |
30card: I'm based in Lagos therefore I would only enter into such an agreement with a company that is based here because it would make it easier for me to conduct a due diligence and also do periodic reviews after the asset has been acquired |
Investment / Re: Seeking Person(s) With Experience In Fintech by Nitric(m): 11:17am On Dec 04, 2020 |
mcameo: Thank you for reaching out Mike but I have suspended the project for the time being |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 8:58pm On Nov 29, 2020 |
Oluwahelpme: I don't mean to sound rude or immodest but I don't think there is anything you are going to teach me about investment which I don't already know. I have managed teams that provided investment advisory services to some of the biggest private equity firms in Africa including Abraaj, Helios Investment Partners, Actis etc. My purpose here is to sift through investment opportunities and select the best ones and I have the competence to do that. The only reason why I contacted you is because you said you are involved in an enterprise which trades in food items; I would need you to provide further information on this business bearing in mind the guidelines which I gave earlier. Oluwahelpme: |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 8:43pm On Nov 29, 2020 |
30card: I will consider it subject to the following conditions being met: 1. The business to use the machine must have been in operation for at least 24 months with registered business name and dedicated bank account 2. The equipment to be purchased must be brand new 3. The equipment must be stationed in Lagos 4. The equipment must be fully insured 5. It must not be an equipment that is so specialised such that it cannot be sold in the open market 6. It should be a machine that can be sold on it's own 7. The company must not have a loan from another lender whose value is more than 25% of the value of the equipment |
Investment / Re: Suggestions Needed On Where To Invest N11million For 17months by Nitric(m): 5:20pm On Nov 29, 2020 |
Oluwahelpme: I don't remember having contacted you, I'm sure you have me mixed up with someone else. That notwitstanding since you say you have a business that needs finance I would like you to give a brief description of the business here. I hope the business name is already registered and that it has a dedicated bank account. You must also have at least bank statements of the business for the last 24 months at the very least Please send me a PM if you have all the requirements in place especially the bank statements |
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