₦airaland Forum

dazzlingd:
Dumb achievement

I guess Biden congratulates every GWR in US

GWR should be left for the fun fact where it belongs , not something that Nigerian leaders would be celebrating.

My exact sentiment.

This activity can get tiring in no distant time.

I don't imagine that the Presidency will be coming out to congratulate this. Its never an achievement, like what relevance is there to cook for hours?

emmanuelewumi:
Since you are not the one running the business that is why one needs to carry out his due diligence, risk management and give a reasonable margin of safety.

Did you get the annual reports of the company, do you have an idea of their debt, equity, free cash flow etc

When was the last annual general meetings of the company.


Anybody who is not ready to scrutinize all these should invest in Treasury Bill, FGN bonds, commercial papers, corporate bonds and other money market instruments.


People who lose money should take it as part of their financial education and then up their investment game

...but this hasn't been my argument na

emmanuelewumi:
Investors are expected to do their due diligences, make provisions for margin of safety, understand how the Investment makes money, have an average idea of the market, know the expected profit margin from the business, the growth rate of the business.


I stand to be corrected all the people who lost most are either greedy, speculating,dumb, trying to play catch up or lacked basic understanding of functional financial literacy

I can't see anywhere you mentioned motive of the Investment? Like, what do I want in a particular investment...?

If you have the time and resources to do as much a thorough check of such a company, you should as well just do the business yourself, don't you think?!

Germi9:
You really messed up

You definitely got comprehension issues

Felaincarnated:
Media trial first cox dey are public servants

Laughable at best

Felaincarnated:
Guess u haven't heard of hardened criminal

Infact i have, however, enough of media trial.

Germi9:
Just because he sounded confident ? Na wa oh ..just dey play

Una lot no sabi read or na comprehension wahala? U see where I say "I guess"?

Iamzik:
At least you have learnt that it is possible to lie confidently without jittering

I have also learnt that people can crucify only on the basis of allegations. Whatever happens to fair hearing and presumption of innocence clause?!

PussyKing:
Thunder ⛈️⚡ kill your right hand amen

Sorry ... na my right hand I use type this.

Rayban25:
When sanwo olu was on arise tv contesting for 2nd term you think he wasnt telling lies due to his confident posture? They knew they have to save face and fabricate lies before the interview

Yet you're using body posture to judge. So yes you're naive to believe he is innocent..I wont say more than that

What do you know about the Presumption of Innocence Law in Nigeria. I want to believe you are not naive as you want to appear.

Rayban25:
Your writeup proves that you are only naive. Politicians go Scott free because of how naive Nigerians are and you just proved it here.

Care to explain please?

He sounded very confident in the interview, wasn't jittery, I guess he is innocent.

Lama70:
Thanks for the correction. Masari must be a very common name in Katsina like Bello in Ilorin. Lol.

You are a great guy, know this.

Lama70:
Nope.
That one that complained is the immediate past governor of Katsina state. Ahaji Aminu Bello Masari.

Certainly not the past governor Bello Masari

https://www.nairaland.com/7696566/what-ganduje-masari-discussed-leaked

Isn't this the same Ibrahim Masari that was in a conversation with Ganduje on how Tinubu was reconciling with Kwankwaso without "their" being carried along?

Was it ever stated that the NSA must be a retired Military General?!

miqos02:
adherence to corporate governance is low in one man business

Like Godwin Emeifele in CBN, Hadi Sirika in Aviation, Ahmed Idris erstwhile AG Ministry of Finance, Matawalle Zamafara e.t.c ?

miqos02:
this is a one man business, it would be easy for properly established businesses to scale through such challenges.

The ultimate point is fund recovery not rhetoric.

fortune1968:
But he is saying the truth .Why would people continue to make the same mistake ?

Investing is one of the four ways to make wealth according to Cash Flow Quadrant by R. Kiyosaki. Agreed, then how can anyone having observed thoroughly the Farmforte business model, discern that it will crash?

fkj950ax:
Anyone that gets duped by these investment schemes or e-agro business DESERVES to be duped because they know fully well that these businesses are fraudulent.

Its the same pattern and process from multi-level and MMM and all the other schemes that have repeated the same pattern for the past 10 - 20 years.

Why will people keep "INVESTING" in these shady schemes if they aren't looking for ways to launder money or looking for how to double or get returns on their money quicker than normal.

With due respect, you are not an investor hence you aren't qualified to speak on such matters.

dalaman:
Dangote refinery is in the same league with these fraudulent companies in reality. Let me explain. We are now in an enegry transition era, refineries are now low profit margin businesses. Infact White people don't build refineries anymore, and the few ones they built in the past 10 years are all not more than 250bpd. Check out all the refineries world wide and see their profit margin despite high crude oil prices. Dangote went and built a 650bpd single train refinery knowing very well that refineries don't make any serious profits anymore, he sent the liar and scammer Godwin Emifiele to lie that the refinery has started paying its debts. Which is an outright lie and a fraudulent claim.

Once the refinery starts operating, he will Issue and IPO and people will run to go and buy the shares, that will increase his personal wealth to over $50 billion. The refinery will no longer be based on the profit or loss it brings but based on the shares that are traded. Its a ponzi, but a legitimate one because we live in a world where might is right.

You are well lettered bruv, analysis spot on too.

Elsueno:
Hmm, na wa woh, dats why i hardly trust anybody in business, even a close relative of mine has scammed me B4, what saved him from my wrath na family ties... nowadays I run the business myself & always keep records of all expenses... any sales girl/boy way try to Conner more than N500 weekly gets flagged & subsequently fired if them try to play smart hustler with me

Dey play... I sense pride, u go soon jam. No be prayer o, na law of structure and flow... remember, pride comes before a fall

omoadeleye:
Sorry guys, they didn't scam anyone they just ran into debt and can't pay back and can't withstand investors again so they had to skedaddle.

Just move on to another scheme

Most times when these happens, investors need to rally round the executive as a show of support rather than shoving threats, mounting pressures, hounding them around and other abuses. It's the only way to bring about the recovery of their funds.

Dafresh:
They want to crucify Emefiele and leave Baba Buhari can CBN governor print new naira with out President approving it even the minister for finance will approve it too

Clearly it was his brain child, otherwise he had the latitude to resign if the policy was muted and hoisted on him by the latter two

Politics Today, one man is fighting a Senator Elect oooo

Stylishwebs:
The Person said: While I won't disclose the exact amount she received, it was significantly less than half of ₦10,000,000.

Half of 10m is 5m. And he said significantly less than half of the 10m. Which means significantly less than 5m. If the amount is significantly less than 5m, then it's either 2m or 3m.

Lazy readers everywhere.

Na u no dey comprehend well, what else did u think I meant by "forget the extra information" which infact was an afterthought?! Do the maths na, na tithe she comot give and tithe na 10%... simple

.

Stylishwebs:
Apparently you did not even read a single word of what was written aside from the title.

Forget the extra information, @metrolane did the maths, 10% tithing. Simple

FireUpNow:
The tithe she paid is between her and her God. Why make it public? She paid 10% of what she got.

You are smart