dobnina:

Bitter truth

Remix10:
Please I need a loan of 1M, is it advisable to apply for a bank loan, or private loans?

emmanuelewumi:



That doesn't solve anything.

Since most of transactions have gone cashless, it is digital to an extent

IyaTola:
How are you? It been a while or you are in vacation?

kisszhira:
Interpol declares Gloria Osei, husband wanted for investment fraud
Nigerian couple entrepreneurs, Gloria Igberaese and Muyiwa Folorunsho, have been declared wanted by the Interpol over their involvement in multi-million dollar investment fraud.
The entrepreneurs are said to be the CEOs of Divergent Enterprise operating businesses such as Landlagos, PorkMoney, Hyberfactory and Porkoyum, among other companies that they allegedly used to fleece thousands of Nigerians in a slew of Ponzi schemes linked to them.
In one case, the suspects, whose social media prominence earned them the pseudonym ‘Bonnie and Clyde’, allegedly defrauded investors N1 billion.
“These funds were however diverted to personal use, including for the purchase of luxury properties and foreign citizenship,” victims said in a January 21, 2021, petition to federal authorities.
Warrants of arrest separately issued for them by the Lagos Division of the Federal High Court said they are wanted for obtaining money under false pretence and stealing.
“He is wanted by the police for the offence of obtaining money under false pretence, stealing and diversion of fund,” a notice issued by the Intepol section of the Nigeria Police Force in Lagos said with descriptions of their physical qualities.
If seen, arrest and hand over to the nearest police station or to the office of the commissioner of police Interpol Section Force Criminal Investigation Department Annex Alagbon Ikoyi Close, Lagos,” the documents further said.
In 2019, the CEOs who are said to be a couple, came under heavy criticism on Twitter after users who claimed to be their former employees accused them of fraud, creating a toxic work environment, deducting from their salaries or firing them over trivial mistakes.
One of the alleged former employees identified as Ada accused the couple of defrauding clients and keeping their married status from public space.
However, in their defence, Mrs Osei denied ever mistreating any staff member.
For those who are unhappy with my perceived treatment of them while working for me, I sincerely apologize, and I do hope that over time, as you venture into creating businesses of yours that you get to understand why some things however unpalatable are totally necessary if one is to survive as a business owner in Nigeria,” she wrote. The couple also denied all allegations of corruption.
They were declared wanted following a petition filed by Chijioke Ukaegbu and other victims. Intelligence research firm Sylnam Strategies coordinated the petition against the suspect.
Credit: People Gazette.

dobnina:

No peace for the wicked.
Good move.

yazga:
How Ready are you for retirement

At 30, you should have your annual salary saved for retirement
At 40, you should have 3X your annual salary
At 50, you should have 5X your annual salary
At 60, you should have 7X your annual salary

Where are you based on this recommendation?

yazga:
How Ready are you for retirement

At 30, you should have your annual salary saved for retirement
At 40, you should have 3X your annual salary
At 50, you should have 5X your annual salary
At 60, you should have 7X your annual salary

Where are you based on this recommendation?

yazga:
How Ready are you for retirement

At 30, you should have your annual salary saved for retirement
At 40, you should have 3X your annual salary
At 50, you should have 5X your annual salary
At 60, you should have 7X your annual salary

Where are you based on this recommendation?

emmanuelewumi:



This can't finance a comfortable retirement oo.

X21:



retirement and financial freedom may not be same or are they?

topsquino:


How can I contact you outside this platform. Or could you please send me a message by adding @gmail.com to my username?

DaBogu:
8.9%

yazga:
How Ready are you for retirement

[s]At 30, you should have your annual salary saved for retirement
At 40, you should have 3X your annual salary
At 50, you should have 5X your annual salary
At 60, you should have 7X your annual salary[/s]

Where are you based on this recommendation?

emmanuelewumi:



This can't finance a comfortable retirement oo.

modath:


Are you sure about this? I made enquiries from Asset Mgt people two days ago (4th Aug) & they said its 8%... I know 8.9% is 8 but .9 is too significant to be ignored... it's more like 9%....

abraolas1:


InvestNow MMF (United Capital) is now 9.89% by the way

just2endowed:


How do I register with investnow. I can't register with there app

just2endowed:


How do I register with investnow. I can't register with there app

Lazyyouth4u:


So someone making 1m a year should have 7m to retire on? 7m to last for 20 to 30 years

You for kukuma just add caveat say this list is for people making 10 million and above

Lazyyouth4u:


Exactly what I thought.

NL1960:


If i intend to retire to my village at 60, do i need 7x my annual salary for retirement?.

yazga:
No

NL1960:


I also know. That is why some of these things should be rightly qualified and that is why sometimes i do not pay attention to them. Life does not start and end in expensive cities.

NL1960:


I also know. That is why some of these things should be rightly qualified and that is why sometimes i do not pay attention to them. Life does not start and end in expensive cities.

emmanuelewumi:



You will be the big man in the village and you will spend money on the less privilege that looking up to you in the village. Do you also consider medical costs in the village. Lagosiana bring their aged parents from Ogun, Delta, Ekiti, Anambra, Kwara and all over the country in order to get affordable Medicare in government hospitals

Instead of looking at cash as the basis of retirement, I look at having income generating assets or investments that are valued at 25 times the annual income of the retiree

emmanuelewumi:



You will be the big man in the village and you will spend money on the less privilege that looking up to you in the village. Do you also consider medical costs in the village. Lagosiana bring their aged parents from Ogun, Delta, Ekiti, Anambra, Kwara and all over the country in order to get affordable Medicare in government hospitals

Instead of looking at cash as the basis of retirement, I look at having income generating assets or investments that are valued at 25 times the annual income of the retiree

ukay2:


One needs to start investment early to achieve this....

bayelsaowei:
how does risevest work? Are these trusted apps for investment?