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Nairaland Forum / Nairaland / General / Business / Despite Recession, Business Is Good In Nigeria, Says US Firm (18313 Views)
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Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by cutekhalifa(m): 7:31am On Oct 16, 2016 |
anybody is entitled to his/her own opinion MTN GLO ETISALAT AIRTEL will not charge you for opening and closing your mouth... the MOD that ban me for 3months you think you are doing me |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by sapientia(m): 7:31am On Oct 16, 2016 |
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Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by OBAGADAFFI: 7:32am On Oct 16, 2016 |
LOL, They've not started business in Nigeria, let them come in taste the water, before talking. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by jimi4us: 7:35am On Oct 16, 2016 |
Until he mistakenly bring in that his small dollar , and won't be able to take it back to his country. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by pampers2wear: 7:35am On Oct 16, 2016 |
I don't know the party my wife belong to. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 7:37am On Oct 16, 2016 |
This devils stil want to come and grab us from our weaking point. chineke odinma. Ngozi abeg bia come see another trouble loading for Nigeria and Nigerians |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Afrocentric: 7:37am On Oct 16, 2016 |
Ahmadgani:they are very stupid for their useless comments,they are the ones that told that useless Buhari to continue killing our naira. That's the option they gave him for supporting him during the 2015 election. Useless president |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Themind: 7:38am On Oct 16, 2016 |
siraj1402: |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by dfrost: 7:39am On Oct 16, 2016 |
mikolo80: Of course he's not losing. So he won't complain. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by mikolo80: 7:41am On Oct 16, 2016 |
dfrost:Toh so which recession are you talking about when clearly he is hammering |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by ucheuzor1(m): 7:41am On Oct 16, 2016 |
Miles300:I thought u guys are looking for job here in Nigeria....A firm is coming to establish here in Nigeria that will create job, we are already viewing them with a different notion..I just wonder when we Nigerians will all begin to see something good from the same perspectives 2 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Towncrier007(m): 7:42am On Oct 16, 2016 |
rawpadgin:You are not a fool, u wise, smart, and will make a good business mogul. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Miles300: 7:45am On Oct 16, 2016 |
ucheuzor1:I never said it's something bad , my point is that they are trying to take advantage of the nigeria situation , which is why is called business for there own gains by employing people wit cheap labour considering the recent xchange rate... This is the same reason why China is where it is today , they devalued there currency to attract investment .. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Johncuppa(m): 7:50am On Oct 16, 2016 |
Honza27:07061314637, let's talk if you are for real. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Horchmane(m): 7:51am On Oct 16, 2016 |
I think we need a positive mentality to succeed in this country cos a lot of us are captives of negativity. I thought we are need of jobs, instead we wail all day long while some people are using their creative and innovative minds to cash out. 1 Like |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by gfullmoon(m): 7:51am On Oct 16, 2016 |
Why would not business be good as Naira have crashed to almost tissue paper? All that the US Firm need is to gets Dollar from home at official rate, and pump it to Nigeria. Even getting Dollar at official rate in US and selling in Nigeria only is a brisk business. Who knows whether this might be the good business. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 7:54am On Oct 16, 2016 |
Senorprinz:so because you see people drowning their sorrows with their last cards in beer palours means there is no recession for other people.. maybe the only way they know to manage the recession is to get drunk they proberbly can not afford anything else apart from beer and nkwobi. 1 Like |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by AreaFada2: 7:55am On Oct 16, 2016 |
Ezechinwa: It is not that simple. Has petrol remained same price as 3 years ago? No. What about raw material prices, local & imported? All gone up. With fall in value of the Naira, inflation comes too. Just like the bag of rice you bought 3 years ago for under 8k is now over 20k. So have other prices. It looks big as you said. But it can afford little. 2 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by profkalu(m): 8:02am On Oct 16, 2016 |
Start importation business and make huge profit even above 100% The following are the requirements for starting importation business 1. You must have internet access, cyber cafe is an option if you don't have your laptop or android phone 2. Own an accessible address or office 3. Own a credit card/ATM card for your purchase. 4. You need a mentor or an eBook for guide on how to start and make success. 5. Shipping processes 6. Websites where you can buy any item from USA, UK or even CHINA Get other details here www.importationincome.info |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 8:04am On Oct 16, 2016 |
AreaFada2:precisely, 3 year ago my tenants were paying less on their rent this year because of the inflation on the prices of building and maintainance materials i am gonna be forced to put up rent. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by dklex(m): 8:05am On Oct 16, 2016 |
Themind: God bless u sir, u nail it. We are so used to free money, billionaires without inventing anything, over night millionaires full every where before now. Thank God for Sanity, God bless Pmb. 2 Likes |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by sonety2k(m): 8:05am On Oct 16, 2016 |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by wordcat(m): 8:07am On Oct 16, 2016 |
Ahmadgani: So on point |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by AreaFada2: 8:08am On Oct 16, 2016 |
gypsey: Oga your own good o. I had to lose over 6 months rent & use more money to evict them through lawyer. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by AfroBlue(m): 8:10am On Oct 16, 2016 |
notime3555: i noticed it and took the time to look up the company. https://www.akyumen.com/ their US HQ is in silicon valley California. They also have a presence in nearby Ghana. American Technology Company introduces Projector Phones in Ghana \ http://thevoicelessonline.com/american-technology-company-introduces-projector-phones-in-ghana/ In American mobile technology company, Akyumen Technologies, has introduced projector mobile phones onto the Ghanaian market. These devices will be able to afford the average businessman, students and management of organizations the opportunities to conduct presentations with just the click of a button on the mobile phone. Ghanaian Graduates Must Arise On August 1, 2016 the Daily Graphic reported President Mahama was at the eight congregation of the University of Professional Studies (UPSA) in Accra, and charged graduates of tertiary institutions to think “outside the box” by exploring the many job creation and business opportunities in the country. He said in order to become innovative and productive, graduates should make effective use of the knowledge and skills they have acquired to become independent citizens. Moreover, he added that by becoming independent and productive through innovative thinking, the youth, especially graduates, would become less dependent on government for jobs. Recently, I read about the projector-phone, a cell phone with a built-in projector called the Hawk which can be used to make calls, watch movies, television shows and do business presentations using the projector and the flash. What fascinated me about this device was what the inventor, Aasim Saied, the Chief Executive Officer of Akyumen Technologies Corporation in the United States said in an interview. When asked about what inspired him to produce the device, he stated: “I came up with the idea when I was still in college (in 2004) in the United States. My college professor was tinkering with a big projector in the classroom. So I was thinking; how about putting a projector in a smartphone so you will be able to make presentations anywhere you are?” In 2008, he realized his dream by making a projector-phone. Here is the conclusion to that interview mentioned above: “We decided that we can form a company based on this, and then we can literally go to the market with it.” Indeed, there are reported stories of young people around the world who began businesses during their university days or right after school. These were brave young people who through innovative thinking developed ideas and followed them through to the end. Microsoft and Dell computers are hugely successful billion-dollar businesses that have become household names. Microsoft, built by the world’s richest man, Bill Gates, and Dell Computers by Michael Dell. Dell and Gates both began these corporations from their youth as either graduates or as drop outs. https://www.akyumen.com/category/news/ and it looks like he may have roots in India. CEO of Akyumen Technologies, Aasim Saied making a demonstration Speaking to Joy Business during the outdooring ceremony on Thursday, April 27, Chairman and Chief Executive Officer (CEO) of Akyumen Technologies, Aasim Saied says the devices have the potential to enhance business operations and education. A few global big boys just met in India. Some being very important trading partners with Nigeria. BRICS leaders discuss how to shape global trade, finance http://wowway.net/front_controller.php/news/read/category/Asia%20News/article/the_associated_press-brics_leaders_discuss_how_to_shape_global_trade_fi-ap [img]http://image.vam.synacor.com.edgesuite.net/a9/4f/a94f5f0ba9334408179d218a77e96e18986b9977/h=300/?app=portal&sig=51bb5d0af651d7aec4a10085af72a45b1861319cd3f8649845ba7095250d4d73[/img] 1 Like |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 8:13am On Oct 16, 2016 |
AreaFada2:first let's use your bag of rice example.. at 1$ = 150 naira 8k naira rice would cost 8000/150 = 53 33 $ 2016 at 20000K the price of rice, and dollar 450naira against a dollar 20000/450 = 44.44 $... that's a 10$ profit.. back to this topic, the hoarding of goods and services is directly proportional to the exchange rate in some cases, but the growth rate of prices of goods isn't fixed, for instance some goods remain the same despite the change in exchange rates. good like Gala, Transportation, NEPA bills etc.. this makes it favourable to the foreigners. since the inflation rate of goods isn't fixed then it favours those abroad. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by izobemheuwaize: 8:13am On Oct 16, 2016 |
notime3555: some Nigerian youth no gree get sense. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nnamdikalu: 8:13am On Oct 16, 2016 |
Eya diok o no mbufo ke itiedo do,nso e nam ndito ifot'm,yak nduk ufok ndi efre fut mbufo eya isuana. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 8:26am On Oct 16, 2016 |
Towncrier007:yes because he bought jeans of 80k and perhaps sold for 100k now he believes he is a big business man. When 200k is not even enough to fuel some people's jeep. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by Nobody: 8:32am On Oct 16, 2016 |
AreaFada2:i feel your pain i was just been optimistic by not mentioning the 2 of my tenants who have not paid rent for the last 18 months and they are still living in my accomodations. I could not evict them they have children and are struggling (recession) i don't want to feel responsible for making their children homeless. |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by buffalowings: 8:37am On Oct 16, 2016 |
Ezechinwa: Finally somebody with sense has commented 1 Like |
Re: Despite Recession, Business Is Good In Nigeria, Says US Firm by buffalowings: 8:40am On Oct 16, 2016 |
Meanwhile small indigenous companies are creaking under pressure |
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