₦airaland Forum

donfortune48:
Please is the season2 out?

Nope! Learnt US ban d movie from airing, so deh have to stop d movie.

deedee44:
Sometimes I cant help but wonder, are some people living outside the world

If u r.a movie lover, download d series Event, u will find some answers to ur tots

1daboi:
na sit home cause am boss. Abeg pour me holy water

Day 3 boss, stay hydrated... We will see each other at d end of this.

1daboi:
person yab you. I even dey vex for pope but its alright I take the blame.

Boss how u take reach conclusion, u know I should not b responsible for ur understanding. Same thing u read, nah em Shollywendy read, even Felicity read em too and he no talk say I yab em

Felicity0001:
Fortunately for you, your wife happens to be my madam.

If u burn grass, e go b like say u don know enough, but person wey understand know say d drug to drown sorrow nah attitude & reflection... All I can say to u my Oga b say make u take em jeje, you see this life? Nah game and the pathetic part about em be say, e no get reset.

Felicity0001:
How are we sure you re not having "fun" with those lovely and beautiful virgin sisters that called themselves "sisters" abi na mothers of Mary they call them.

In the flip side.

Angryman just burst my ribs with laughter with his recent post giving us insight he's coming back to the street again just like I predicted some months ago.

The truth is, doimg a business in Nigeria and succeding is not easy at all. Even I myself I'm facing similar issue roght now with my farm. You cant find anyone you can trust to entrust anything to while you do other things in this country. Can imagine a land I sent N150k to brush one stupid manager was telling me to post another N80k for packing since some area didnt burn well. Like I'm plunking money on trees here in Lagos. This same attitude is how we in Nigeria sees every of our relatives or friends abroad.

To me ooo... Best place to invest your money in this country is agriculture but first, have a huge capital, acquire the knowledge, gather the experience then see how you rise within 5-10years.

Everybody on planet earth eats, so the market is always available.

I dig, but investment is relative and what u set out to achieve. If we go by logic, r u saying ur madam is making a mistake? One thing we fail to understand in certain cases is u may try 20 tins and succeed in 1, thats ur legacy.

Felicity0001:
Pope you call my name, I was sleeping before.

As I wake I read the line 3x I no understand, I go smoke read am again I still didnt understand.

Any problem??

Let me leave this to you all to ponder about.
How many kids took after their rich parents despite all the wealth and good education?

Hey! Dont get it twisted. Do your best for your kids but it doesnt change the fact, its God that makes men not what their parent left or did for them.

Take another wrap boss, it can only get clearer

confusedworld17:
Abeg make peace reign.

Wot ya say... We r just out here to have fun

A305:
Nice contribution bro

You just talked a great deal. I like your financial projection. Good one sir.

Thanks boss, I sight u Sir

shollywendy1:
"Wa sere padi mi larinlodu" hahahaa. Its a good idea. But wait ooo, you said " couples giving birth to felicity" why not tojahn or izzou? Just joking sha

I deh come, baba buhari is calling me

shollywendy1:
The investment too came as side investment since the guy that brought up the question too is driving on uber/bolt.
He needed something that will be bringing profit elsewhere apart from the car he drives.
Mutual funds investment that we all know is not a kind of investment you will be needing the money soon. Its a kind of money u dont need at that particular time but for future purpose.
Like the one i did for my son since month he was born that will last for years. It requires remitting certain amount monthly for a stipulated period of maturity. The money will surely be needed in future.

I understand, like what he said, something that will fetch him daily income, having a million naira stuck in your savings acct for 3 months is a waste of fund, imagine you've used it to purchase Tbills within those months, maybe it would have return with extra 35k on it compare to 1500 gtb would have add to it... Having a save insurance/assurance for kids is one tin I hope and pray for any parents, nothing gives peace of mind regarding giving those little Glories a secure future... I'll encourage newly married couples to run such acct for like a year before giving birth to Felicity, but life can b funny, if u know what I mean.

On the side of real hustle and business, we honestly can't depend on what our financial institution have to offer. If you truly have money and want to invest, go find a land beside school and build hostel, like 15 rooms on a block, have like 6 blocks and go relax, just wake up in the morning tie wrapper and b reading newspaper from ur balcony, with a chilled bottle of woteva

nitigriti:
@xana101
A305 gave you the best advice: invest in mutual funds! And there is no better place to take your funds to than StanbicIBTC.

Place your funds in a high yield investment portfolio (they are riskier, but yield higher) and watch your funds grow at 13-20% per annum. In extremely good years, your funds could grow by as much as 25% in 1 year. And, to make it sweet, keep rolling over your yield earnings along with your capital. In 15 years time, we would be talking about several free millions of naira in your account.

Let's crunch some numbers:
(1) If you start out with #800,000 principal in a high yield investment averaging 12% yield every year for 15 years; leaving the capital and yield (interest) untouched; but adding additional #360,000 yearly; you would have your capital of #6.2 million plus accumulated interest of #11.6 million at the end of 15 years.

(2) If you start out with the same #800,000 principal in a high yield investment averaging 15% yield every year for 15 years; leaving the capital and yield (interest) untouched; but adding additional #360,000 yearly; you would have your capital of #6.2 million plus accumulated interest of #17.4 million at the end of 15 years.

Note that both scenarios are conservative. StanbicIBTC is Nigeria's financial markets "market maker," so its book's will never go red. The implication is that its portfolio products will always give the best yields in the country for sometime to come. Only a political upheaval will upturn its current position. Maybe this is the reason Dr. Atedo Peterside refused OBJ's offer of CBN Governorship.

You have the capital. I'm sure you can afford an extra #360,000 deposit every year. StanbicIBTC is there waiting for you.

You are good to go sir.

Boss I love your financial analysis, but it all depend on what you are aiming at. Imaging making a profit of 200 thousand withing a space of a year with 1 million, while some folks will turn that 1 million to 2 million within the space of 8 months investing on land and other business. The business principle I learnt from my boss, is any business that yield beyond 30% profit within a space of a year is leaning on greed. I don't see mutual fund, treasure bills or fix deposit as business, but a safe zone to put away cash one actually don't need. I know of insurance policy you invest 500k and once you r 50 yrs old, they pay you 50k every month till d Mighty one yell cut, I think is under one of Aiico policies. What I am still trying to figure out here is 10/15/20 years from now, what will 50k monthly fill in ones life.

In-btw: if I've bought a dollar of 1 million at 310 and within the space of a month or 2 sell at 400 sometin, thats easy 300k profit in no time. Same goes for bitcon, if you know when to cash in and cash out. As for shares, I don't even want to hear that thing with my ears, outside few shares like Unilever, Nestlé, Guinness which other share is doing better in the hype filled stock market? All these criminals that scammed innocent citizens within the space of 2005/2007 where r deh today? Every public offers, from Transcorp, Daar communication, Intercontinental, UBA, BankPHB, GTB, Dangote Sugar, Japual Oil, Zenith, FCMB, FBN and more just ruin ppl life and use them to big up.

Imagine 500k fix deposit returns 515k in 3 months... U can get Honda civic of 750 and gross 600k in 3 months and still have same car intact, if you r d one driving d car. I'm not saying one should invest in transport business o.

deedee44:
I'm not bored anymore, no need for games anymore

boredom go fear boredom dis season

izzou:


[color=royalblue]Jesus said to him, “Thomas pope191, because you have seen Me, you have believed. Blessed are those who have not seen and yet have believed.”

John 20:29[/color]

See lemmi tell u chum chin, u can not b holier than me, just show me example pere, so I don't do mistake

deedee44:
Ohhhhh it's that game, it's one of my favorites. I love it so much, I love watching it from the sidelines not participating in it. Thanks sir

Sideline, u can try sometin new today boss, adventure is always fun

izzou:
[color=royalblue]Do you want to make money today? Very simple

Requirement: GET AN AMBULANCE

-Switch on your app and get a request

-Call the rider and negotiate offline. Make sure you multiply the fare by 10

-Tell them you'll be picking them up in an ambulance

-Tell them you WILL NEVER accept transfers[/color]


Then come back here and testify

Boss can u pls show us example, just a practical test to run check how it works

1daboi:
All heading to one hospital or another. Stay indoor guys

2.0 just entered b4 my app even load, so temptive... But I won't go, unless d rider comes to my initial location

deedee44:
Russian what? I'm lost

Its fun, u r going to find it interesting...

searchng4love:
Are you still crushing on radautowor.ks?

Dr Phil have come again

deedee44:
You have learnt this from aunty radu , small time you will say you have not learnt anything on this thread.
Na coro joke o Mr dru, I'm bored

If u r bored, I'm bored too. Let's play game n while away time... How abt Russian roulette? u start n I follow *brb"

Felicity0001:
I love the way you and pope191 did justice to the question asked by peeps4u.

In addition, I would say it is imparative in the case of accident for both the driver and the owner to come together and work it out because to me the property belongs virtually to both parties since its creating income for both ends.

Not all owner partners have that much and as a matter of fact most of them depend on the weekly remittance to keep up with their family so it will be inhuman for anyone to be reckless or dont contribute incase of repairs that requires huge sum of money.

My opinion though I might be wrong.

Outside insurance being the best policy... Even if there is insurance in place, agreement should b adhere too. This one part I noticed an average Nigerian does not consider serious, you pen an agreement like Mikel and in no time start looking for ways to buy out of it with different excuses and how inconsiderate the agreement was drafted.

Either the owner, driver or they should both b liable and to what ratio in case of foreseen and unforeseen event should b put in agreement.

tojahh:
Come enter heaven make I see na

Boss u know funny thing for life, class rep and time keeper no deh repeat class, once deh have been ordained, assurance don cover dem

Blackbishop:
Boss this is savagery at best....

Someone use my phone, that wasn't my handwriting

Eizenburg:
I disagree

Lol trekking is sha involve

tojahh:
Mrjaydee please help me appeal to all the audio big men and sophisticated women here o.

Time don reach to do giveaway for boys. This second half of stay at home is termed

WAR!!!

its just 689km, if u start to trek now by Thursday u go reach dia *I'm out*

Blackbishop:
Boss explanation go do well the bolded?

Driver intentionally using owners car to have accident for reason's best known to him/her.

izzou:
[color=royalblue]So if a driver bashes my car and destroys the headlamps, grill, radiator, hood.....all he needs to do is bring 5k? [/color]

That's why each clauses in an agreement need to disgest and tackle very well before putting pen to paper. All the possible outcomes of any event need to b understood and make abreast to each party.

In d words of Pablo: I negotiate for a living

izzou:
[color=royalblue]Pope191.

He said accident, not repairs

[/color]

Boss either u say fix or repairs, once a car is been taking to any of its doctors in my village we consider it as repair

Have you even heard of premeditated accident?

peeps4u:
Izzou, gentlelife50, Tojahh, pope191, shollywendy1 and all ogas I failed to mention, Incase of accident, assumed it is not the driver's fault, should the driver bear from the cost? I am curious to know.


Dru, this has nothing to do with your case as I dont know if the driver was at fault or not. So, please no name calling.

From litigation view... Who is liable in any given contract is been address by the agreement/MOU binding both parties, not just signed and sealed, but stamped and accepted by court of law.

Too many times we neglect or by ignorance forget to register under CAC before embarking on any sought of business, which I am guilty off as well. Another part is not emphatically stating the role of a guarantor in agreement clauses, if they will b liable or not in case of certain occurrences, all we just do is get two people to stand for business partner... These r part of the reasons guarantors go free when its said and done, cos they r no clause(s) indemnifying them.

A straight answer to the question

On HP: Driver is liable for any repair, accident or not, even during the period of repair, he must not stave me of my deserved dues, if he wants to use accident as an excuse... Its within my jurisdiction to get the car back and he must fix it before return. I once signed an agreement with a driver, that upon termination due to driver's inability to meet up with agreement then the car must b certified OK by blackbishop before return.

Rental: Drivers are not meant to b liable for any repair above 5k, that means the owner of the said valuable is liable to repair the car. Unless it is crystal clearly stated otherwise in the agreement that driver will b liable in case of foreseen and unforeseen event or a share factor will occur in such instances.

Blackbishop:
Pope abeg naso you hate me reach.... Hunger wan finish your boy here...

Boss u GI survuve, just keep breathing

SaintHilary:
Finally there's a 2weeks curfew in lagos. Uber Drivers will finally rest by force

I saw this coming, that was why I opt for drivers to get by whichever way they can as long as they don't hurt anyone or their self and family. The previous winter is child's play, imagine a family with 4 kids after the first half, when the real one is about to start. This too shall come to pass

shollywendy1:
Triplets nkwa
I don win champions league and europa league.
Na pre-season( fair play) we dey play now o.
Seriously, lots of babies will be born next year.

I deh tell u boss, too many children will b name obanikoro next year, just like when will have Rose in d 70s