₦airaland Forum

esky158:
Multi billion naira companies never run at loss they just don't declare their full profits and will always declare loss to avoid taxes and Government eyes on their business cous if government find out just how much they make they may try to take over the company form them ask tiktok what U..S is doing to them

motymop:
That is $2m in a year.

A top trader in Goldman sac earn this in bonuses per year also

soccerlite:
Lori iro

Inosky:
Why can't Naija govt use intelligence and technology to their output and profits like US

jaxxy:
Not possible

iamnotillicit:
So how much is his monthly salary...?

YoshihideSuga:
Different economies and cost of living.

Tajbol4splend:
When you hear price hike in multitrillion businessess like telecom businesses, it's not because of economic situation, it's because of the kind of lifestyle they want which they want you to pay for.

cucumbar:
what is this one even saying?

So he’s not a true billionaire. Mchewww.

Hemanwel:
How is this possible? Let's bring it to perspective:

N8.5m × 5 days = N42.5m per week

N42.5m × 4 weeks = N170m per month

N170m × 12 months (1 year) = N2.04b per year.

N2.04b per year?? Again I ask: how is this possible when you are not a footballer?

stagger:
It is sheer stupidity to be earning such money and his company is bleeding N400 billion.

shortgun:
Do 8.5m by 30

motymop:
Stop spreading lies

companies still pay tax after declearing a loss

MTN nigeria made N3.36 trillion in revenue in 2024

they paid tax on top of that and still declear a loss

YoshihideSuga:
Do you have evidence to refute the thread?

kettykin:
And the business he is managing is loosing N400b annually

Hemanwel:
How is this possible? Let's bring it to perspective:

N8.5m × 5 days = N42.5m per week

N42.5m × 4 weeks = N170m per month

N170m × 12 months (1 year) = N2.04b per year.

N2.04b per year?? Again I ask: how is this possible when you are not a footballer?

motymop:
they are not wages which is true but they do earn that after base salary

for instance in 2018, Deutsche Bank paid Christian Bittar one of their top trader $140m for a single year

helinues:
And how did you know he's the highest paid person.

Hahaha, you guys don't even have an idea how much companies like Shell, Total pay their top staff

ItisWell22:
Let them keep shouting “school na scam”, as if we all can manage the risks and headaches involved in businesses.

Same way I laughed when someone said law is a useless course in Nigeria. My parents thought same too and even fasted to prevent my baby sister from studying it. Now, my parents are so surprised at how the little girl is doing so well for herself.

There are no hard and fast rules in life.
Let’s all pray to find our paths early, and maximize them while we can.

Ijaya123:
I thought you guys blamed it on Tinubu before?

Dougad:
How exactly is this possible?

Athemisia:
Is not up to 2m usd but a little below 200k usd

Saga16:
We don't know what Karl got as his bonus though.

Dalohad:
Oga Agbadorian, they specifically mentioned Highest paid 'EMPLOYEE'. Make Una dey read well before opening your big mouths.

shortgun:
MTN Nigeria CEO, Karl Toriola, reportedly earns ₦8.5 million daily, making him the highest-paid employee in the country.
How much do you earn?

https://x.com/instablog9ja/status/1896126458785054974?t=_iojVQ563l9ruVxITTH7xA&s=19[/quote]And, MTN claims to have lost N400b in the last 1 year

motymop:
who is karl?