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Investment / Effects Of Currency Exchange Rate On Product Prices by Olushalom247: 12:53pm On Apr 30
As we all have seen today, the current exchange rate of dollar to naira, pounds to Naira, CAD dollar to naira, Euro to naira in the black market and official rate is way worse than what it used to be.

Although the dollar to naira black market today at NairaRate https://nairarate.ng/dollar-to-naira-black-market-today/ is an unofficial market and trading in it can be very risky but it actually reflects the true value of naira against the dollar.

As a result of weakening of the naira against the dollar, we have seen that product prices have gone way higher than what it used to be. The price of rice today is about 70,000 naira, Cement prices in Nigeria went from 4,000 naira to 7,500 naira.

Iron rods prices went from 500,000 per ton for TMT iron rods to about 1,400,000 today. You can check iron rods prices here https://bestsales.ng/price-of-iron-rods-per-ton/Everything tripled in price. The poor man can hardly survive.

Car Talk / Where To Sell Used Cars, Phones, Other Items Online In Nigeria by Olushalom247: 12:04pm On Jun 29, 2023


There are various online platforms where products, used Cars, used phones, other used items in Nigeria are being sold. In this present world where almost everything is being done online, people now buy virtually everything online. People advertise and sell online for free.
In this part of the world that's technologically oriented, people could use phones or laptops to visit the internet and then search for whatever they want to buy online or sell whatever they want to sell online.

There are Beta Sales Free Classified Online Sales in Nigeria. So if you're looking for Where to sell online for free in Nigeria, you'll have to consider the following; BetaSales.ng, , olist.ng etc.
People do sell sell on Jumia, Nairaland, Konga etc. There are various products you can sell online, ranging from Building Materials, phones, baby things, fashion, used cars, other used items and phones, job advertisement, Skills and services, etc.

There are many advantages of using the internet to sell your items, they're;
1) You'll not spend money paying for a rented shop.

2) Ease of sell. (Just upload your adverts and people will call you)

3) Saves time for buyers; they can easily go to the internet rather than going to your shop to make enquiries and placing of orders.

4) More flexible ways of making payments. Either cash on delivery or online payment.

5) Less cost of marketing.

Now I'll be giving you top reliable online platforms where you can sell your used items for free in Nigeria today. They include;

a) BetaSales.ng
b) Nairaland
c) Olist
d) Jiji
e) Slot .ng
f) Carlcare
g) Swappa
h) Efritin
I) Declutter

a) BetaSales.ng
BetaSales Online Marketplace is one of the best online marketplace where you can sell used cars, phones, both new and used cars, other used and new items. You can also advertise jobs and your CV (CV is only for job seekers). Finally you can advertise your skills and the services you offer to people. There's virtually nothing you can't advertise on BetaSales. BetaSales has a unique way of detecting fraudulent sellers and they'll not hesitate in banning any seller who attempts to defraud a buyer. It's a very good marketplace with an average rating of 5.0 on Google.

b) Nairaland
Nairaland is the biggest online forum in Nigeria today. Millions of Nigerians visit Nairaland daily to interact with one another. There are forums where it's allowed to sell your products free of charge.

c) Jiji
Jiji is one of the major online marketplace in Nigeria. There's nothing you can't advertise on Jiji as we speak. Jiji is just like BetaSales.ng and Olist.ng

d) Olist
Olist is like BetaSales.ng and . They're among the biggest online marketplace in Nigeria where you can sell anything you want.

e) Jumia
Jumia seems to be the biggest online store in Nigeria today. You can sell on Jumia. But you can't be in control because buyers won't be allowed to call you directly. But unlike BetaSales.ng where Buyers can call you directly and you're in full control of your advert.

Read more on https://betasales.ng/where-to-sell-online-for-free-in-nigeria
Business / Building Materials Types And Cost In Nigeria by Olushalom247: 3:13am On Jun 03, 2023
Building Materials business is one of the most lucrative business in Nigeria. It has now become a multi million naira business in Nigeria. There are many building Materials you can go into. First of all let me give you a list of some building Materials that when you venture into them, you'll make money fast.

1. Block industry business
2. Roofing Sheets Business
3. Plank wood business
4. Plumbing materials Business
5. Nails and Plywood business
6. Wooden and Aluminum Sliding Windows and Doors

Let's Start with number one

Block industry business
Blocks contribute to about 95% of the total materials used for building construction. There are different types of blocks, we have 5 inches, 6 inches and 9 inches blocks. Depending on the type of building you want to erect, your choice depends on the structure.
If you want to go into block industry business, make sure you mould all the block types ranging from 5 inches (non-hollow blocks) to 6 and 9 inches (hollow blocks)

Roofing Sheets Business in Nigeria

The current price of roofing sheets as updated on 2nd June on updatedprices.com calls for serious concern regarding the hike in prices with the last 8 years before this immediate past government took over. Check the current price here https://updatedprices.com/roofing-sheet-types-and-prices-in-nigeria

There are different types of roofing sheets
Asbestos Roofing Sheets
Corrugated Zinc Roofing Sheets
Aluminum roofing sheets
Stone coated roofing sheets
Nigerite roofing sheets

I'll advise you to focus on any of them when you want to go into the business. Don't be the jack of all trades. Let people know you for one particular thing. But you can actually go for all types of roofing sheets and still make it big.

The third one is the Plank wood business

There are different types of plank woods 2 by 2, 1 by 12, 2 by 4, 2 by 6, 4 by 4, 3 by 4 etc. There's also facing boards, plywoods, etc. It's advisable to have all these woods if you really want to go into this business. I would advice you to open this shop in a known sawmill. Don't run a sole wood business, you'll have to do the business anywhere you know wood sellers are already existing, that's the sawmill. Buyers normally prefer going to sawmill to get everything they want rather than buying only wood from you and going back to sawmill to get other things.

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