Before nko?

igbizen:

Oleh....you think you just discovered the secret of becoming the next Dangote. You better go back to page one.

CBN Sells N340bn OMO Bills, Retains Rates at Double Digits
https://businesspost.ng/economy/cbn-sells-n340bn-omo-bills-retains-rates-at-double-digits/

dipoolowoo:
CBN Sells N340bn OMO Bills, Retains Rates at Double Digits
https://businesspost.ng/economy/cbn-sells-n340bn-omo-bills-retains-rates-at-double-digits/

no fairness in this country

New way to dysify,my friend just bought four okada for 1m at 250k per each and gave it out as insulment at 320k per one for 12 months do the remaining calculation

Adegokenath:
New way to dysify,my friend just bought four okada for 1m at 250k per each and gave it out as insulment at 320k per one for 12 months do the remaining calculation

We will be expecting your feedback one year from now

rationalmind:


We will be expecting your feedback one year from now

Hahahaha.

One year is too much....

igbizen:

I need stats. So are you saying that there are 2,000,000 people in this country spending 1.2M per month?

Na so. First show me where I made this comment or Implied such reasoning

C505:


Hahahaha.

One year is too much....

DaBogu:
Inflation is now @ 11.58%

Treasury bill is now 5.5%

Mutual fund is 9.43%

$ to ₦ is now ₦362

Over ₦6Tn is being liquidated from the NSE

Fixed deposits is now 0.5%, 30days.

debt service to gulp 29% of total revenue in 2020

Economy is going down. I see tears. What do you see?

I see a group of leaders who care so much about this country they want to renovate their offices for 37billion naira to enable them come up with good ideas to save us. oh how blessed are we. blessed to have such great leaders. Also, a gradual display of bearish sentiment in Naira denominated investments. This may be connected to the rumor on Naira devaluation early next year which would erode the Future economic value on investments despite their expected nominal increment.

More money, less usefulness

This kind of information never elevates. Never. Sentiments is bearish enough for me to allow more negative info enter my life. When bearish sentiments persists, hawkish information is what ought to be discussed. All these sad tales Don do

Adegokenath:
New way to dysify,my friend just bought four okada for 1m at 250k per each and gave it out as insulment at 320k per one for 12 months do the remaining calculation

Is it that after 12 months, the person it was given to pays back a bulk 320k or the person pays an installment on either a weekly or monthly basis?.

rationalmind:


We will be expecting your feedback one year from now

4 months from now.

NL1960:


Is it that after 12 months, the person it was given to pays back a bulk 320k or the person pays an installment on either a weekly or monthly basis?.

After 3 months I expect to hear things like police or street fight.

healthserve:



Na so. First show me where I made this comment or Implied such reasoning

I tot you were against chigo4u’s post.

Adegokenath:
New way to dysify,my friend just bought four okada for 1m at 250k per each and gave it out as insulment at 320k per one for 12 months do the remaining calculation

Pray the bike man wont tell you stories of how some men blocked him and made away with the bike.

kisszhira:


Pray the bike man wont tell you stories of how some men blocked him and made away with the bike.

fear mongering ..not good for bussiness he can insure it

ahiboilandgas:
fear mongering ..not good for bussiness he can insure it

Exactly. Fear mongering. There's a thread on this now that projects this significantly. Off this thread, but the investment section.

Dont liquidate your holding and plunged in any bussiness you dont properly understand cos capital is very hard to put together .....if u dont know what to do keep it in saving bonds or buy an apartment in a develop neigbourhood so to sale back when rate improve ....the ibo are bussiness champions in Africa so follow the way of the man way sabi the road ...i went to kano and went to sabon gari an area dominated by ibo traders so i was suprise and numerous plaza ,multiple apartment sprinking up right left centre ....so i equired from..my tyre dealer ge told me cos of the ban /banned policey of pmb ...importer are moving their capital to property and scaling down import untill pmb is gone ....then they will sale/morgate to raise capital to continue

Adegokenath:
New way to dysify,my friend just bought four okada for 1m at 250k per each and gave it out as insulment at 320k per one for 12 months do the remaining calculation

This is a great mistake I pray you get your initial capital it is never a sustainable idea heard many who did it never even recover the cost of the okada not to talk of profiting

Legendguru:


This is a great mistake I pray you get your initial capital it is never a sustainable idea heard many who did it never even recover the cost of the okada not to talk of profiting

Fear or Facts.


If everyone fails according to common statistics no business is ever successful, if this were so, half the world wouldn't be engaging in businesses. Back to the matter sha. Tbills thread before they come for moi


All this Internet validation thingy will deprive people from experiences that would otherwise have remarkable uplifting benefits if only the fear they catch on the web doesn't debar them

rationalmind:


We will be expecting your feedback one year from now

Lol, how I wish he knows what he just got himself into

reservd:

Lol, how I wish he knows what he just got himself into

What if he succeeds?

reservd:

Lol, how I wish he knows what he just got himself into

Early last year, I wanted to buy two cars for Uber business. I was kind of dragging my feet. While I was still thinking, my friend bought a corolla and gave to one guy to drive on Uber.

The guy remitted money for one month and stories started. My guy had to retrieve the car and sell.

I learned from him, shelved the idea and luckily, I just discovered this thread then. So I just dumped my money in Tbills with rest of mind.

healthserve:



What if he succeeds?

What he hasn't done bfr, he went into it with 4 bikes at once. Is that how it works?

reservd:

What he hasn't done bfr, he went into it with 4 bikes at once. Is that how it works?

Rules for man. And not otherwise. As long as they're no fixed rules, it can be anything. Dangote is starting with a massive refinery. I wonder if he wouldn't have set the bar lower if he listened to speculators.


Speculating is good but not entirely healthy. While it can be speculated to fail, it's a 50-50,it could suceed. More so, I'm a firm believer in experiences that people shouldn't hold back in life but launch as whatever gains or loss experienced also comes with exponential positive experiences that would have not been learnt if people withhold by " skepticism". So it can be four, it can be 40. As long as risk appetite accommodates complete loss while chasing green bars

healthserve:



Rules for man. And not otherwise. As long as they're no fixed rules, it can be anything. Dangote is starting with a massive refinery. I wonder if he wouldn't have set the bar lower if he listened to speculators.


Speculating is good but not entirely healthy. While it can be speculated to fail, it's a 50-50,it could suceed. More so, I'm a firm believer in experiences that people shouldn't hold back in life but launch as whatever gains or loss experienced also comes with exponential positive experiences that would have not been learnt if people withhold by " skepticism". So it can be four, it can be 40. As long as risk appetite accommodates complete loss while chasing green bars

The reference u made with dangote's refinery, it would be managed and run by uneducated, uncoordinated, planless set of peeps that dominates the okada business right? . Let him give you updates, he doesn't need to share them here. I'm sorry for derailing, it's not my thing

reservd:

The reference u made with dangote's refinery, it would be managed and run by uneducated, uncoordinated, planless set of peeps that dominates the okada business right? . Let him give you updates, he doesn't need to share them here. I'm sorry for derailing, it's not my thing

Hian. I like to retain my comments within the premise to avoid issues. However, you don't have his template and whatever template you're using to critic his business is subject to flaws. To accurately diagnose a concept, we should always hmwait out to get intricate details and operational concepts.

Anyways since it borders around the periphery of my business expertise, permit me to chip in a simple, chai how do I avoid this. I don't want wahala.


Let's leave it that. Abeg. Back to thread issues

Way forward?

Adegokenath:
New way to dysify,my friend just bought four okada for 1m at 250k per each and gave it out as insulment at 320k per one for 12 months do the remaining calculation

I did such business in 1999 it often end in tears and regret.

bikerboy1:
Way forward?

Cool info. Well done Sir

Hello everyone.Compliment of the season to us..Quick 1 pls; First bank Euro bond or stanbic dollar fund, which is better?? Based on interest rates and ease of operation..Thanks

Adegokenath:
New way to dysify,my friend just bought four okada for 1m at 250k per each and gave it out as insulment at 320k per one for 12 months do the remaining calculation

I hope you have DPOs and SARS as friends?