₦airaland Forum

Teenaira:
Commercial banks hardly give loan to SME. They will rather give the loans to salary earners who may not even need the loan . Even though such loans are labeled as unsecured but it is codedly secured against their entitlement and they charge for insurance too.
As an SME, they believe loan given to you are not secured even after paying for insurance. That is the only reason people take unreasonable loan from the fintech companies.

Because research has shown that the life expectancy of an average SME in Nigeria is unbelievabley short.

Zagee:
Usd? So we know where to point you.

Ichimoku is saying project 2027 OO. Me I want a disruption to that oo. 😁😅🥲

NGX for now

This FBN still shock you ba?

searchng4love:
Imagine a power company called Geregu Power as a big lemonade stand. To buy expensive new machines, they borrowed money from people by issuing "bonds"—basically promising to pay them back on a set schedule with extra interest.


​Recently, Geregu had to pause its business to do massive repairs on its power turbines. Because the machines were turned off, they barely made any money, and their profit crashed by 88%. This forced them to miss a big payment to their bondholders, causing a debt default.


​If you own regular stock (shares) in Geregu, this is bad news for a few reasons:
​Lower Stock Value: Panicked investors have been selling their shares, driving the price down by over 27% this year.


​No Allowance (Dividends): Companies share profits with stockholders through dividends. With almost no cash coming in, shareholders won't be getting paid anytime soon.


​Standing in Line Last: In finance, lenders get paid first. Stockholders have to wait until all bondholders are happy before seeing a dime.
​The company hopes to fixed its turbines soon and get back on track, but until then, share prices will likely stay rocky.

Worry more about the fate awaiting others who bought firsthold co at 130 or 150.... In here

pluto09:
https://nairametrics.com/2026/08/08/ngx-market-value-to-hit-n230-trillion-by-end-of-2026-says-popoola/

DR will add like 16trillion alone...

Pump it!!! Hehehehe...

Investors worry as Geregu Power defaults on bond payments

https://nairametrics.com/2026/08/09/investors-worry-as-geregu-power-defaults-on-bond-payments/

An inexperienced investor with free money bought out a smart experienced one just before the company defaults.

Raider76:
Investors worry as Geregu Power defaults on bond payments

https://nairametrics.com/2026/08/09/investors-worry-as-geregu-power-defaults-on-bond-payments/

An inexperienced investor with free money bought out a smart experienced one just before the company defaults.

It was looted money so it must go to waste
Many more will go that way in 2027

HesInMe:
Nigeria's national income is $20bn per year? See why we might need to make quality university education free?

On a more serious note: One of our biggest developmental challenges is low productivity. Upskilling the population should be a national priority if we want to become a medium-income country, so if that means free or heavily subsidized post-secondary education -- especially technical education (high-skilled welders, builders, electricians, IT technicians, nurses, etc) -- then that's what we should be doing.

You are right .
But even the low productivity is mostly due to poor infrastructure like power, transportation, high cost of doing business etc.
A country where some university lectureres have to use their own personal generator to power their office gadgets and electronics inside campus during working hours .
What meaningful research do we expect can be done in such environment?
Yet our political class are budgeting huge allowances for themselves

mikeapollo:
You are right .
But even the low productivity is mostly due to poor infrastructure like power, transportation, high cost of doing business etc.
A country where some university lectureres have to use their own personal generator to power their office gadgets and electronics inside campus during working hours .
What meaningful research do we expect can be done in such environment?
Yet our political class are budgeting huge allowances for themselves

It is just that we are not used to taking problems to universities. We prefer churches. If you take any problem to a university and you have money, they will turn it into a research and solve it. If all the monies being spent in churches are spent on research then the country would be different.

lawani:
It is just that we are not used to taking problems to universities. We prefer churches. If you take any problem to a university and you have money, they will turn it into a research and solve it. If all the monies being spent in churches are spent on research then the country would be different.

Look at what you are saying. Money being spevt in Churches are private money of members and they can spend it anyhow they are pleased with.
Instead of you to talk about the reckless and irresponsible expenditure,, waste and corruption by govt you are rather talking about churches.
Sensible governements all over the world spend more than 25% of their national budget on education. Our own govts (past and present) have failed to do that and you are here shifting blame to churches.

Raider76:
Investors worry as Geregu Power defaults on bond payments


https://nairametrics.com/2026/08/09/investors-worry-as-geregu-power-defaults-on-bond-payments/

An inexperienced investor with free money bought out a smart experienced one just before the company defaults.

Ote$ don Maga some investors..
No hard feelings, simply business.

Na church matter go give some people wahala...

Nigerians should leave churches alone and face their wicket leaders

mikeapollo:
Look at what you are saying. Money being spevt in Churches are private money of members and they can spend it anyhow they are pleased with.
Instead of you to talk about the reckless and irresponsible expenditure,, waste and corruption by govt you are rather talking about churches.
Sensible governements all over the world spend more than 25% of their national budget on education. Our own govts (past and present) have failed to do that and you are here shifting blame to churches.

Ote$ levels don hook them

Raider76:
Investors worry as Geregu Power defaults on bond payments

https://nairametrics.com/2026/08/09/investors-worry-as-geregu-power-defaults-on-bond-payments/

An inexperienced investor with free money bought out a smart experienced one just before the company defaults.

mikeapollo:
Look at what you are saying. Money being spevt in Churches are private money of members and they can spend it anyhow they are pleased with.
Instead of you to talk about the reckless and irresponsible expenditure,, waste and corruption by govt you are rather talking about churches.
Sensible governements all over the world spend more than 25% of their national budget on education. Our own govts (past and present) have failed to do that and you are here shifting blame to churches.

Money spent by churches is public money as much as taxes are. You want to blame a politician for wasting money while leaving out a Pastor collecting money from the public to own four private jets? In a normal country they will go for the Pastors first before the politicians

Then I was merely pointing out to you that research for progress isn't free and it is also profitable. There will be a difference between a country spending billions on research and one paying billions of naira to Pastors. Both are cultures. That is the point

lawani:
Money spent by churches is public money as much as taxes are. You want to blame a politician for wasting money while leaving out a Pastor collecting money from the public to own four private jets? In a normal country they will go for the Pastors first before the politicians

Then I was merely pointing out to you that research for progress isn't free and it is also profitable. There will be a difference between a country spending billions on research and one paying billions of naira to Pastors. Both are cultures. That is the point

Face your useless, irresponsible and corrupt govts and leave churches alone.
Taxes are compulsory payents to govt. Donations or tithe paid to churches are not compulsory!
Enough ass-licking the govt.

mikeapollo:
Face your useless, irresponsible and corrupt govts and leave churches alone.
Taxes are compulsory payents to govt. Donations or tithe paid to churches are not compulsory!
Enough ass-licking the govt.

Na una dey spoil this country. Church is a charity organisation. Both the government and the church are accountable to the public. But Nigeria is a special place sha

mikeapollo:
Face your useless, irresponsible and corrupt govts and leave churches alone.
Taxes are compulsory payents to govt. Donations or tithe paid to churches are not compulsory!
Enough ass-licking the govt.

Is this normal?

Agbalowomeri:
Na una dey spoil this country. Church is a charity organisation. Both the government and the church are accountable to the public. But Nigeria is a special place sha

All the churches I attended are accountable. If your church is not, then you have work to do....

https://www.youtube.com/watch?v=cV2U77Z8kLQ?si=lClbnSz7Su7WcycP

A few stocks on my radar in the coming week's trading session.

[quote author=lawani post=140286314]Money spent by churches is public money as much as taxes are. You want to blame a politician for wasting money while leaving out a Pastor collecting money from the public to own four private jets? In a normal country they will go for the Pastors first before

This ur reasoning is skewed!! Money given to church is never same as tax money!! Tax payed is for govt to provide needed infrastructure and facilities not to be pocketed by an individual while the one I give to church is left for d man of God!!

Person wey no dey go church, mosque or shrine. No waste your time

londonerr:
All the churches I attended are accountable. If your church is not, then you have work to do....

londonerr:
All the churches I attended are accountable. If your church is not, then you have work to do....

You assume that I dey follow una go religious houses

Agba no believe in God ooooo? No waste your energy joor

megawealth01:
Agba no believe in God ooooo? No waste your energy joor

He may believe in God but doesn't congregate

Agbalowomeri:
Na una dey spoil this country. Church is a charity organisation. Both the government and the church are accountable to the public. But Nigeria is a special place sha

Can you show me which church has come to tell citizens that they must come and pay tithes and donations compulsory whether they like it or not?
Nigerians always looking for excuses to blame someone else when they are supposed to face the roo[bsource of their problems! Chasing shadows
Does the oil money and the fictitious, inflated contractts go to the churches?

Can this be true or something from the troll factory

mikeapollo:
Can you show me which church has come to tell citizens that they must come and pay tithes and donations compulsory whether they like it or not?
Nigerians always looking for excuses to blame someone else when they are supposed to face the roo[bsource of their problems! Chasing shadows
Does the oil money and the fictitious, inflated contractts go to the churches?

They do brainwash people that they will burn in hell if they don't pay. It is coercion too. Not all countries allow it. However it is wrong to allow NGOs to collect money in such a manner and if they now collect it it must be for a reasonable reason. I don't know what that reasonable reason is for mega churches but in any case they will still be wrong to use it for obviously frivolous purposes because it is NGO money

searchng4love:
Imagine a power company called Geregu Power as a big lemonade stand. To buy expensive new machines, they borrowed money from people by issuing "bonds"—basically promising to pay them back on a set schedule with extra interest.


​Recently, Geregu had to pause its business to do massive repairs on its power turbines. Because the machines were turned off, they barely made any money, and their profit crashed by 88%. This forced them to miss a big payment to their bondholders, causing a debt default.


​If you own regular stock (shares) in Geregu, this is bad news for a few reasons:
​Lower Stock Value: Panicked investors have been selling their shares, driving the price down by over 27% this year.


​No Allowance (Dividends): Companies share profits with stockholders through dividends. With almost no cash coming in, shareholders won't be getting paid anytime soon.


​Standing in Line Last: In finance, lenders get paid first. Stockholders have to wait until all bondholders are happy before seeing a dime.
​The company hopes to fixed its turbines soon and get back on track, but until then, share prices will likely stay rocky.

Worry more about the fate awaiting others who bought firsthold co at 130 or 150.... In here

I have been trying to sell the few ones (Geregu shares) I have for about 3 months, no one wants to buy.

ghm:
I have been trying to sell the few ones (Geregu shares) I have for about 3 months, no one wants to buy.

If na you, u go buy...

ghm:
I have been trying to sell the few ones (Geregu shares) I have for about 3 months, no one wants to buy.

That's how FIRSTHOLDCO will end up

londonerr:
That's how FIRSTHOLDCO will end up

Unlikely. Bank money and power is too sweet. Ote$ is holding this one till he goes to be with the Lord.

ghm:
I have been trying to sell the few ones (Geregu shares) I have for about 3 months, no one wants to buy.

You don hook.