ahiboilandgas:
place with highest returns and more stable currency

I think that place has a name. Ghana or Nigeria

emmanuelewumi:



I think that place has a name. Ghana or Nigeria

...tb ghana 18 tb nigeria 3.8 ....i cedi =Bleep dollars ....1 dollars=380,420,450,470..

ahiboilandgas:
...tb ghana 18 tb nigeria 3.8 ....i cedi =Bleep dollars ....1 dollars=380,420,450,470..

Very good perceptive. Why haven't you relocated to Ghana Or shift your business there.

Have you forgotten that cedi was redenominated about 13 years ago, whereby four zeros were removed.

Soludo wanted to try it will Naira by removing three zeros, but it was resisted

Noah2gud:
@ Oxford group Nigeria

We are offering 40% return on pepper farm investment for a period of 9month.

More so, we are giving 100% guarantee that your capital is save and your interest in secured
As we will be giving a legal document; *DEED of Contract*

And we also give *Post dated cheque* indicating the total amount of your capital and interest, immediately after the payment.

Kindly call or Whatsapp: 08108759222 to start investing

I may invest only 10% of my cash at hand if @emmanuelewumi can recommended it.

emmanuelewumi:



If you have the $250k and asked to invest in either Nigeria or Ghana, where will you choose?

I'll choose ivory coast over ghana and Nigeria

But since its between Ghana and Nigeria

It's going to be Ghana.

There is a coded pet project I run (or will I say fund cos I'm hardly there lmao) in ghana
Not too big

I have been impressed with the outcome so far.

Being Nigerian
I have to invest a sizable chunk of my investment in Nigeria

But I'll rather invest in Ghana

Ibrahim505:

I may invest only 10% of my cash at hand if @emmanuelewumi can recommended it.

Your risk tolerance and knowledge about the investment should determine what you invest in.

They have a thread for such Investments, just listen to the analysis of people who invest in such.

AdaoraNK:


With that amount I will venture into production. And for sake of electricity, I'll choose Ghana. Though Nigeria has a bigger market, I can still ship to Nigeria market. Just as we buy from China and other countries.

Hope you know that exportation is almost hassle free in Ghana

Na so una de hype Ghana over the years that many of us began to think Nigeria was so so useless, only for PMB to close the border and the whole of West, East and part of Northern African began to feel the heat.

I watch some Ghanian stations sometimes, you need to see how they sometime blast their leaders and telling them to take a cue from Nigeria and here we are pretending they are better than us.

Many of their economic indexes are Audio.

DexterousOne:


Hope you know that exportation is almost hassle free in Ghana

Oga na hyper inflation go chop ur profit finish for ghana ooo, the way inflation dey jump up for ghana hmmm no be beans oh.

ahiboilandgas:
...tb ghana 18 tb nigeria 3.8 ....i cedi =Bleep dollars ....1 dollars=380,420,450,470..

Godbpraised:
Oga na hyper inflation go chop ur profit finish for ghana ooo, the way inflation dey jump up for ghana hmmm no be beans oh.

...i no get info

ojesymsym:
Na so una de hype Ghana over the years that many of us began to think Nigeria was so so useless, only for PMB to close the border and the whole of West, East and part of Northern African began to feel the heat.

I watch some Ghanian stations sometimes, you need to see how they sometime blast their leaders and telling them to take a cue from Nigeria and here we are pretending they are better than us.

Many of their economic indexes are Audio.

What are you talking about sir?


I have lived and experienced life in both countries (actually multiple countries)

And I am telling you based on my own personal experience

That I'll rather invest in Ghana than in Nigeria



Nigerians and Americans behave in the same way in this respect lmao
Always triggered when theh hear stuff like this that make them think its putting the country down

ojesymsym:
Na so una de hype Ghana over the years that many of us began to think Nigeria was so so useless, only for PMB to close the border and the whole of West, East and part of Northern African began to feel the heat.

I watch some Ghanian stations sometimes, you need to see how they sometime blast their leaders and telling them to take a cue from Nigeria and here we are pretending they are better than us.

Many of their economic indexes are Audio.

This is a joke right?


Hahahahahahaha

ojesymsym:
Na so una de hype Ghana over the years that many of us began to think Nigeria was so so useless, only for PMB to close the border and the whole of West, East and part of Northern African began to feel the heat.

I watch some Ghanian stations sometimes, you need to see how they sometime blast their leaders and telling them to take a cue from Nigeria and here we are pretending they are better than us.

Many of their economic indexes are Audio.

Because Ghana artificially removes zeroes from their exchange rate, dem begin hype Ghana all over the place as if Nigeria cannot also remove zeroes from the exchange to make it $1 to 30kobo.

ahiboilandgas:
...i no get info

It's better to be actively invested in Ghana than investing in securities

Venture Capital is becoming a big thing in Ghana too

If you are lucky to strike the cord correctly twice

You will be made.


Quite shameful that we are not so big on venture capital in Nigeria


There are opportunities in Nigeria

There are opportunities in Ghana too

But Ghana is where I'll rather invest more if I had the luxury of choice

NL1960:


Because Ghana artificially removes zeroes from their exchange rate, dem begin hype Ghana all over the place as if Nigeria cannot also remove zeroes from the exchange to make it $1 to 30kobo.

That is not the point

Many Nigerians dont seem to get it

It has nothing to do with currency

And every thing to do with LEADERSHIP ans POLICY.


Japan has one of the WEAKEST currencies on the planet

Its weaker than NGN ZAR and GHS

However, the Japanese GDP is bigger than the whole of africa put together

And USA is owing Japan to the Tune of $1.1 trillion and counting

So its not about currency or adding or removing zeroes.


Nigerians we think we are all that
That has always been our problem

(AND AMERICANS ALSO HAVE THIS ISSUE)


Nigeria is making its strides

OTHERS ARE MAKING THEIR OWN STRIDES TOO

Which joke?
One of the ones I remember off my hat was when I heard a speaker say something like, "when Ghana hopes to get a big brand like Glo, fully national company playing across the sub terrain"

Nigeria is not edorado but it is definitely not a write off

DexterousOne:


This is a joke right?


Hahahahahahaha

ojesymsym:
Which joke?
One of the ones I remember off my hat was when I heard a speaker say something like, "when Ghana hopes to get a big brand like Glo, fully national company playing across the sub terrain"

Nigeria is not edorado but it is definitely not a write off

Did anyone say Nigeria is a total write off?

Sir, Japan does not have one of the weakest currency on the planet sir. It is around yen120 to 1USD, definitely not close to been one of the worse in the world.

If you want to compare Nigeria with any African country please use South African, Rwanda or Moroco and perhaps Kenya and some other silent countries in Southern Africa.

Oga Ema mentioned in either this thread or NSEMPA thread that Uniliver moved their production facility from Nigeria to Ghana only for it to coincide with the border closure and they could not sell their products to the extent that the Ghanian CEO was queried, here you are hyping Ghana like say na Dubai.

DexterousOne:


That is not the point

Many Nigerians dont seem to get it

It has nothing to do with currency

And every thing to do with LEADERSHIP ans POLICY.


Japan has one of the WEAKEST currencies on the planet

Its weaker than NGN ZAR and GHS

However, the Japanese GDP is bigger than the whole of africa put together

And USA is owing Japan to the Tune of $1.1 trillion and counting

So its not about currency or adding or removing zeroes.


Nigerians we think we are all that
That has always been our problem

(AND AMERICANS ALSO HAVE THIS ISSUE)


Nigeria is making its strides

OTHERS ARE MAKING THEIR OWN STRIDES TOO

ahiboilandgas:
if i convert my 100k euros at 40
m and bought suku bond at 11.3 my annual profit be around 4.5m ...total 44.5m after 365 days ...but in 2 weeks they are unifying rate with i .e window at 470 ....so my 44.5m/470 =94600 euro ...so i have lost 5400 euro .....cos i wasnt a rational investor but an emotional one ....5400 eurox 470= 2.6 m ...my monthly lost of over 200k permonths ....that just year 1 .....Naira has never recovered since introduced in the 60 s na to gain 2 naira and lost 100

I bought a plot of land in an estate at magboro for 4m naira then €20000. I sold it in 2017 for 5m naira, in naira I gained 1m but lost about €6000. Since then I learnt never to convert my foreign currency to naira again. I only invest naira ROI in Nigeria and my foreign income in foreign investment.

I swear, I also bought into the hype. Now that I think of it rationally, it is like someone visits Abuja in Nigeria and goes back to Gabon and start telling them Nigeria is like heaven. Accra and Kumassi are the major cities there.

NL1960:


Because Ghana artificially removes zeroes from their exchange rate, dem begin hype Ghana all over the place as if Nigeria cannot also remove zeroes from the exchange to make it $1 to 30kobo.

ojesymsym:
Sir, Japan does not have one of the weakest currency on the planet sir. It is around yen120 to 1USD, definitely not close to been one of the worse in the world.

If you want to compare Nigeria with any African country please use South African, Rwanda or Moroco and perhaps some other silent countries in Southern Africa
Oga Ema mentioned in either this thread or NSEMPA thread that Cabury moved their production facility from Nigeria to Ghana only for it to coincide with the border closure and they could not sell their products to the extent that the Ghanian CEO was queried, here you are hyping Ghana like say na Dubai.

Japan has one of the weakest currencies on earth

South Korea own is even weaker


Its weak

But somewhat stable.

I read the comment from NSE thread

The border closure was unfortunate
But then

That does not take anything still away from Ghana

The production plant was sited there to service the Nigerian market
And that was the mistake


I'm sure the industrial space at TV Africa thaf focuses on the Ghanaian market is not as badly hit as this CEO.


As for the bolded

Hahahahahahaha

That's all I'll do

Laugh out Loud

DexterousOne:


Hope you know that exportation is almost hassle free in Ghana

Really? Never knew that. Though its certain that most African countries are easy to do business than here where you have to know somebody before you get things done easy.

Sholapey:
I bought a plot of land in an estate at magboro for 4m naira then €20000. I sold it in 2017 for 5m naira, in naira I gained 1m but lost about €6000. Since then I learnt never to convert my foreign currency to naira again. I only invest naira ROI in Nigeria and my foreign income in foreign investment.

The best thing to do

If you are Nigeria centric

What should worry you is more of inflation

Than the FOREX rate

emmanuelewumi:
Have you forgotten that cedi was redenominated about 13 years ago, whereby four zeros were removed.

Soludo wanted to try it will Naira by removing three zeros, but it was resisted

The fact that people keep forgetting this and think Ghanian currency is stronger than ours is funny.

After Rand, Naira is the next best thing in Africa.

GonFreecss1:


The fact that people keep forgetting this and think Ghanian currency is stronger than ours is funny.

After Rand, Naira is the next best thing in Africa.

Currency does not tell the full story

I keep telling people everywhere I go.



And Naira being the next big thing after rand

I'm not too sure about that tho.


But


Fundamentals of a country
Its policy and all
Is what matters most

Sholapey:
I bought a plot of land in an estate at magboro for 4m naira then €20000. I sold it in 2017 for 5m naira, in naira I gained 1m but lost about €6000. Since then I learnt never to convert my foreign currency to naira again. I only invest naira ROI in Nigeria and my foreign income in foreign investment.

....smart investor....

Godbpraised:
Oga na hyper inflation go chop ur profit finish for ghana ooo, the way inflation dey jump up for ghana hmmm no be beans oh.

I don’t like that we are oil dependent, but Nigerians keep underestimating Nigerian oil and how it has continuously saved our savings.

Some people arguing nonsense that Ghanian currency is stronger than ours. I laugh.

If not for our population explosion that affects our GDP per capita... wetin concern Croaker with sardines?

DexterousOne:


What are you talking about sir?


I have lived and experienced life in both countries (actually multiple countries)

And I am telling you based on my own personal experience

That I'll rather invest in Ghana than in Nigeria



Nigerians and Americans behave in the same way in this respect lmao
Always triggered when theh hear stuff like this that make them think its putting the country down

Bro! Forget that one.

Nigeria might be turbulent, but I rather leave my savings in Nigeria than Ghana. Me I know what I am saying o. The numbers dey there.

DexterousOne:


It's better to be actively invested in Ghana than investing in securities

Venture Capital is becoming a big thing in Ghana too

If you are lucky to strike the cord correctly twice

You will be made.


Quite shameful that we are not so big on venture capital in Nigeria


There are opportunities in Nigeria

There are opportunities in Ghana too

But Ghana is where I'll rather invest more if I had the luxury of choice

Bro. Who told you we are not big on VC funds?

DexterousOne:


That is not the point

Many Nigerians dont seem to get it

It has nothing to do with currency

And every thing to do with LEADERSHIP ans POLICY.


Japan has one of the WEAKEST currencies on the planet

Its weaker than NGN ZAR and GHS

However, the Japanese GDP is bigger than the whole of africa put together

And USA is owing Japan to the Tune of $1.1 trillion and counting

So its not about currency or adding or removing zeroes.


Nigerians we think we are all that
That has always been our problem

(AND AMERICANS ALSO HAVE THIS ISSUE)


Nigeria is making its strides

OTHERS ARE MAKING THEIR OWN STRIDES TOO

Edit


Scratch the NGN there

Naira has fallen so much that it's now below the YEN.


Pardon me.

But my point still stands

GonFreecss1:


Bro. Who told you we are not big on VC funds?

VC is not mainstream in Nigeria