₦airaland Forum

The north will remember.We won't forget the persecution we are facing now.

Thanks for sharing. I really enjoyed this. Now which location do you think will be good to open a female clothes boutique.

bigpicture001:
It I now a common site and we all wonder why newly established small scale businesses like logistics, salon, bars, barbar shops etc which are excitedly established by very enthusiastic young entrepreneur usually folds up with 3years..

Here are 8reason why this happens.

1 The entrepreneur "assumes the air" with his /her start ups..

too much expectations makes most budding starters to invest too much in a business which doesn't have histroy

2. Starting a new business with a loan.. to be on the safer side start your small business with funds from friends and family, Neve a bank loan with interest. This is because you haven't created a history business book, hence can't figure out how patronage will b

3. Bad location!
Example, u are on a suicide mission if u start ur business in a bad location, say, starting a provision store on shops on the express roads..No! Shops inside neighborhood is best for that. Locating you hotel inside a crowded area,No! U require a rather quiet and secluded location cuz ppl that lodge wants privacy. You don't open a fast food in a student area, yes, there will be sales, but not enough to make your business successful, students are many in numbers, but usually broke..

A business center ,hair salon , bookshop ,phon repair etc are best for school environment,

3. Getting an employee even before u break even.

Many young entrepreneur like feeling like bosses, as fast as they have open a business ,they have employed someone to assist, thinks just so that they can be called boss..this will kill your business, employees are needed and not wanted. If u place and employee because of want, u will grid down you business in two years...


4. Improper book keeping.

Many don't even know this, to them, every income means profit, this one is a big problem for most POS operators..most of them dnt know the POS machine charges, bank charges, bank ATM machine withdrawal charges etc. They can't even fanthome data cost , paper cost and cost of location into their expenses, to them all income is profit..and that is why most have been doing POS for over 10years..get your books and fanthome everything into consideration...

5. Assumption that company income is your income

This is a common mistakes made by young entrepreneur, they assume money made by firm belong to them so long as they own the business...the other day, I was at my Business place ND a customer who.made purchase of big gift item for his girlfriend who he can along with, transferred my payment n the senders names reads "Quick delivery services".. well, I confirmed payment but just smiled.he will kill his business, that I know, not because of the purchase for the lady, but his recklessness..

Now how do bosses separate these monies : company money and your money...it's simple; conduct a random interview of 3-5 qulified person's fo the management of a business like yours. During the causual but serious interview, list all your job in your firm as his properties role ..ND ask him how much he will take as wag for such role or position. Do this 3-5 ties with different qualified person.and list down their wage demand.....then calculate the average of this demands and that is you suppose monthly payment from your business...

In those interview, remember to tell the interviewees that the firm is new and has so so as total income.so far...ur deduce income should be transferred to ur personal acct and used only as your personal expenses

6. Inability to recover cost expenditure

All accrued cost of a business must be recovered and surpassed before profit begins, however, identifying these cost can be challenging, not every cost is easily calculated by a new man in business, so for this I teach u different types of cost

a. Implicit b. Explicit cost.

Implicit cost is opportunity cost while explicit cost I accounting cost.

Opportunity cost is cost u didn't pay for all cuz u did it on u own..e.g home baking, u didn't pay for business rent and so u make bigger profit than those who did it in their business place, but that doesn't mean u would not remember to ad the cost when u compare business profits.. I warned it, it is difficult to locate and calculate...

Let's move to explicit cost, this is cost as you know it, but their are two types of it. VARIABLE and FIXED costs..

Fixed are cost made on items or services that that long time to expire, while vs variable cost at cost accrued on item that expires in a short time.

When u open a salon, ur generator, your glass door, your chairs your fan,hair dryer, your machines etc are all under fixed cost ND ur cost of weavon, wigs, soaps etc

Now remember u have to recover all cost...


I will continue explanation if u guyz urge me to ...

Tales by moonlight.

RHAPSODY OF REALITIES DAILY DEVOTIONAL

THURSDAY, 4TH JUNE 2026

THEME: SUPERIOR TO SATAN AND HIS STRUCTURES

THEME SCRIPTURE: And Jesus knew their thoughts, and said unto them, Every kingdom divided against itself is brought to desolation; and every city or house divided against itself shall not stand (Matthew 12:25).

The Lord Jesus revealed an important reality about Satan, his kingdom and structure when He addressed the accusation of the Pharisees that He cast out demons by Beelzebub, the prince of devils. In response, He asked a simple but profound question: “...How can Satan cast out Satan?” (Mark 3:23). Through this statement, the Master unveiled something significant about the nature of satanic operations.

The Lord Jesus explained that a kingdom divided against itself cannot stand. This tells us something crucial: Satan operates with an organized structure; he has a kingdom. This kingdom functions with coordination and hierarchy. Demonic forces operate within an ordered system designed to oppose the purposes of God and influence the affairs of this world.

This insight helps us understand why the Bible speaks of principalities, powers, rulers of the darkness of this world, and spiritual wickedness in high places (Ephesians 6:12). These terms describe ranks and authorities within Satan’s kingdom of darkness. But they’re all under your feet.

The Bible says we’re seated together with Christ in the heavenly realms, “Far above all principality, and power, and might, and dominion, and every name that is named, not only in this world, but also in that which is to come” (Ephesians 1:21). In Christ, you belong to the Kingdom of God, a far greater and superior Kingdom ruled by righteousness, truth and divine authority.

Therefore, it makes no difference the structure of Satan’s kingdom or his modus operandi; you’re the one in charge. You have the dominion. Through the Word of God and the power of the Holy Spirit, you stand firmly in the victory and authority of Christ over Satan, hell, and the powers of darkness.

No structure of darkness can prevail against you or the authority of the Kingdom of God to which you belong. You’re not within their jurisdiction. You’re in the Kingdom of God’s Love-Son (Colossians 1:12-13), where you reign and rule over all things by Jesus Christ. Hallelujah!Hallelujah!

PRAYER
Dear Father, thank you for the light of your Word which gives me insight into spiritual realities. I walk in the authority of the Kingdom of God and stand firm in the victory Christ has accomplished for me. Every influence of darkness is subdued under the authority of Christ, and I live triumphantly in your truth, in Jesus’ Name. Amen.

FURTHER STUDY
Mark 3:23-24 And he called them unto him, and said unto them in parables, How can Satan cast out Satan? [24] And if a kingdom be divided against itself, that kingdom cannot stand.

Luke 11:20 But if I with the finger of God cast out devils, no doubt the kingdom of God is come upon you.

Colossians 1:12-13 Giving thanks unto the Father, which hath made us meet to be partakers of the inheritance of the saints in light: [13] Who hath delivered us from the power of darkness, and hath translated us into the kingdom of his dear Son:

1-YEAR BIBLE READING PLAN
John 18:28-40; John 19:1-16; 1 Chronicles 14-16

2-YEAR BIBLE READING PLAN
1 Corinthians 15:29-39; Proverbs 31

The same Trump begging the whole world to join them to open strait of Hormuz You are a comedian.

QuinQ:
You can only shine teeth because you know what I said id 100% true.
Tell us WHAT would have stopped Trump from totally destroying Iran. Mention one thing

Honestly the guy knows nothing

madridguy:
Even Trump will be laughing at your comment Too much of America film is affecting you.

The terrorists are winning

The paranoia, fear and distrust has begun

Yesterday one of my neighbors called me to ask that I tell him if anything is about to happen because I am 'connected'

Apparently because I am a Muslim I somehow have access to information about terrorists.

Right now everyone is in panic mode seeing terrorists everywhere.

Will it take that much for my eastern neighbors to say I am a terrorist plant?

And the fact of the matter is I look at the abokis the same way.

All these okada riders, suya sellers, etc. Which of them are plants and radicalised

--
Suspected gunmen on Tuesday night attacked an office of the Nigeria Immigration Service in Ogbomoso, Oyo State, carting away weapons belonging to officers on duty.

[i]The attack reportedly occurred at about 10 p.m., causing panic among residents of the area[/i].

Sources familiar with the incident disclosed that the assailants stormed the facility and overpowered security personnel before making away with their firearms.

An immigration officer, who pleaded anonymity because he was not authorised to speak on the matter, confirmed the incident in a message sent to Daily Trust on Wednesday evening.

The officer, however, did not provide further details regarding the number of attackers involved or whether any casualties were recorded during the operation.

As of the time of filing this report, authorities had yet to issue an official statement on the incident.

Source: https://dailytrust.com/gunmen-attack-immigration-office-in-ogbomoso-disarm-officers

Septuagenarian:
Please stop saying nonsense with pride, you dont know anything about war and governance. If it's so easy to bomb a country, Russia would have used nuclear weapons and destroyed Ukraine. You are just blabbling trash as if Trump is slapping a nursery kids.

NOT nuclear weapons at all, just regular weapons. Very, very easy because Irsn had no air defence whatsoever. Remember their response to Trump? - they put women and children on bridges and major infrastructure

Usmanovic95:
Arsenal won't be playing that cautious tactic next season. They needed to win a major trophy firstly and since they achieve their target, they'll go gung-ho next season.

They need that gung-ho style again, albeit they still need to balance it with a good defensive play. If they do that, they'll be a joy to watch.

Gotocourt:
Theft/insecurity
Loan
Employee
Bad location
Inexperience
Expensive rent
Energy (run from fuel (petrol & diesel), use solar.


Most businesses fail in this bad economy, lots of new businesses around me can't renew rent😥.

*If you watch Nigerians in the diaspora closely, you’ll notice a pattern.*

They send millions home to buy land.

They:
- Build houses in Lekki.
- Estates in Abuja.
- Warehouses in Ogun.
- Land in Owerri, Aba and Onitsha.

*But they rarely build operating businesses.*

Ask them why and the answer is usually the same:

*“If my eyes are not on it, it will grow wings.”*

So they stay abroad:
* Running pharmacies
* Managing care homes
* Driving trucks
*sending money home to assets that sleep.*

The land appreciates either.

But the business never starts.

*Now here’s the interesting part:*

_A Nigerian in Lagos can start a business in London, put another Nigerian in charge, and sleep well._

But
_that same Nigerian in London cannot start a business in Lagos, put a Nigerian in charge, and sleep at all._

* Same people.
* Same blood.
* Different environments.

*This is not primarily a trust problem.*

*It is a systems problem.*

The same Nigerian who won’t trust his brother to manage a supermarket in Lagos will gladly hire a Nigerian to run a logistics company in Manchester.

*Why?*

Because in Manchester, *the system enforces the agreement.*

In Lagos, *the agreement often enforces nothing.*

Trust is not just about people.

It is about structure.

A Nigerian in Manchester trusts another Nigerian in Manchester *because the system makes trust cheap.*

A Nigerian in Lagos distrusts another Nigerian in Lagos *because the system makes trust expensive.*

The person is the same.

The environment changes the behaviour.

This is why smart business owners focus less on
*“finding honest people”*
and more on building systems.

Don’t recruit for character alone.
Build for accountability.

Don’t pray for honest employees.
Create structures where honesty is the easiest option.

*Your brother in Manchester is not magically more honest than your brother in Mushin.*

He is simply in an *environment where honesty pays better.*

Change the environment,
and the behaviour changes too.

*Copied*

LordIsaac:
I remember UBA in the 90's!

The current UBA led by Elumelu is a cesspool of corruption.

Unfortunately, he won’t be jailed as he is a sacred cow for Tinubu and Oshiomole’s Assembly of Past Criminals, APC.

ijustdey:
Nigeria will pay an interest of 11.85 percent per annum on the $3.3 billion “pre-export finance facility” (PxF) facilitated by the Nigerian National Petroleum Company (NNPC) Ltd and arranged by Afrexim Bank, TheCable can report.

Until now, the fine details of the transaction, which has a five-year tenor, had been withheld by all parties involved.

A similar cocoa-backed $800 million facility arranged for Ghana by its cocoa marketing board attracts an interest of 8 percent per annum.

Bilateral lenders, such as the International Monetary Fund (IMF), would typically charge 1-3 percent with a longer tenor.

In the details seen by TheCable, Nigeria pledged a total of 164.25 million barrels of crude oil — at 90,000 barrels per day — starting from 2024 to repay the loan through Project Gazelle Funding Ltd, an “orphan” special purpose vehicle (SPV) incorporated in Bahamas for the PxF.

Effectively, the NNPC has pledged 38.58 percent of five years’ worth of tax and royalty oil to secure the loan.

Nigeria pledges over $12 billion worth of oil
At the beginning of 2024, a barrel of Nigerian oil was sold at the international market at $77.93 per barrel, according to the Central Bank of Nigeria (CBN) data.

At $77.93 per barrel, the 164.25 million barrels of oil pledged by Nigeria equals $12.8 billion — about three times more than the facility taken.

Pre-2014, the national oil company used to remit an average of $3 billion from oil sales every month.

Officially, Project Gazelle Funding Ltd (PGFL) is the borrower while the NNPC is the “sponsor” and will pay with oil to the SPV to liquidate the loan.

To make the repayment, the NNPC will forward-sell 90,000 barrels per day of Nigeria’s share of offshore crude oil under the production sharing contract (PSCs) with the oil companies.

Under PSCs, the companies usually pay royalties and taxes by giving the oil equivalent to the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Federal Inland Revenue Service (FIRS) respectively.

The NNPC in turn exports the oil on behalf of NUPRC and FIRS and remits the proceeds to the agencies.

This is part of the revenues paid into the federation account and shared by the three tiers of government.

But under the PxF, the revenue from 90,000 barrels per day will be used to service the loan in the next five years.

The loan arrangers will get a commission of $66 million or 2% of the facility, TheCable further learnt.

Nigeria will pay 2 percent penalty per annum in the event of a default.


‘DOLLAR LIQUIDITY TO STABILISE THE NAIRA’

The national oil company announced in August 2023 that the PxF was to support the federal government “in its ongoing fiscal and monetary policy reforms aimed at stabilizing the exchange rate market”, describing it as “a relief for the naira”.

It called the facility “crude oil repayment” with an upfront cash loan “against proceeds from a limited amount of future crude oil production”.

At the time, the dollar exchanged for an average of N775 in the official market and N885 on the streets.

The rates have now moved to N1,035/$ (official) and N1,230/$ (parallel).

Nigeria’s outstanding forex liabilities are currently thought to be over $7 billion.

In an explainer after announcing the PxF last year, the NNPC said its exposure is very limited, “covering just a fraction” of their entitlements and that “there are no sovereign guarantees tied to it”.

It said it “will also equip the Federal Government with the necessary dollar liquidity to stabilize the Naira, with limited risk”.

A strengthened naira as a result of the initiative, it said, “will lead to a reduction in fuel costs. This means that if the Naira appreciates in value, the cost of fuel will drop and further increases will be halted”.

It also ruled out subsidies, maintaining that a stronger naira “will result in lower prices from the current level, making subsidies unnecessary. The deregulation policy remains unchanged”.

Critics questioned NNPC’s involvement in getting loans to boost forex reserves when it should be concentrating its efforts on bringing in more oil revenues.

There were also questions over the decision to pledge the tax and royalty oil belonging to the entire federation to secure the loan.

Analysts also queried why the details of the deal were never made public.

https://www.thecable.ng/exclusive-nigeria-to-pay-11-85-interest-on-3-3bn-afriexim-nnpc-loan-pledges-164m-barrels-as-security/amp

Basic food, and domestic daily family requirements are still very expensive.

The common man is not interested if there was a trillions dollars inflow into the country.
This news doesn't matter to many Nigerians.
We need security, we need better education, health care and good roads if a trillion dollars inflow doesn't guarantee that which is currently done by this administration, I considered it a monumental failure by the Tinubu led government.

NSEstudent:
They have now downgraded the IDU as well.

The device will still work fine if Airtel is stable in your location.

It has WiFi 6 though

chiefolododo:
With good companies , you are covered, don't put your egg in one basket

Telecommunications (25% of your money) e.g Mtn, Airtel

Bank (25%) e.g Gtb, Zenith

Oil and Gas e g Dangote (25%)

Food and or pharmaceutical industries 25%

All of them cannot go bad at the same time.

Stock is better than both land and bank
, owning land isn't bad it just that you might not find buyer at the time you want

Mmm.

NEITHER OF THE TWO.
THE ANSWER IS RUSSIA AND "OGA PUTIN ".

dru23:
You are very funny. Because of the war now fuel prices has increased. I use to pay $51 to fill up my tank. Since Trump started this war I now pay $80 to fill up. Make it make sense

You pay higher for fuel doesn't mean the economy is not booming. See below
Meanwhile Iran is in TOTAL depression and super hyper inflation

do4luv14:
If e easy go keep na

If e hard for am, make him leave goalkeeping come do my work too.

1Alex:
I used to believe that there are no jobs in Nigeria till I went to indeed and glassdoor, especially indeed. Thousands of jobs are posted every 10 minutes on indeed.

That's not true. Nigeria doesn't have thousands of jobs to post every day on those platforms.

Sometimes, those job boards redirect applicants to LinkedIn for positions that recruiters have stopped receiving applications for.

Besides, jobs that pay less than 100k are no jobs - they are modern slavery work.

Tactical deception.

Has always been Trumps strategy. Keep them guessing. Fear would drive the IRGCs economy to collapse as they continually invest in weapons at the expense of economic growth. In time a civil war would erupt.

And let’s remind ourselves of 1 thing. The IRGC has a choice to be North Korea, minding its business in its evil coven. Not sponsoring resistance/islamic revolution across the region.

This is so heartbreaking. I can't imagine what our kids are going through. In igboland, a child belongs to all. God pls help me God , help us to release our kids. My heart is breaking o.

He should resign and concentrate on sleeping

This wicked witch that's impersonating a pastor, she's sitting on the topmost sit of the witches coven sucking on the blood of innocent Nigerians alongside her husband, until Nigerians free themselves from that family, this country can not move forward

wiseone28:
Wetin you been carry position do when you were in secondary school?

Ogbeni, please remove that wise from your moniker immediately. Replace am with a word that starts with f and ends with h. It should be F…..shone28

QuinQ:
If Trump were a dictator like Putin Iran would have long ceased to exist as a we know it.


https://thehill.com/homenews/house/5908560-iran-war-resolution-house/

Trump is a dictator...if putin is a dictator as you say. Why is uktaine not flattened like how "democratic" netanyahu levelled gaza and Southern Lebanon

That's his opinion

EponObi:
Obidients will disagree

They will wake up post 2027 elections.

BlueRayDick:
It's just unfortunate. Anyways he knows he has Sergio Ramos dem only that will always defend him no matter what.

They actually doesnt defend him well with any good point. They only focus on making it a tribal war between the masses..so the focus will shift from the incompetent man.

Please stop saying nonsense with pride, you dont know anything about war and governance. If it's so easy to bomb a country, Russia would have used nuclear weapons and destroyed Ukraine. You are just blabbling trash as if Trump is slapping a nursery kids.

QuinQ:
Meaning what exactly?
Even a slow person knows that Trump would have bombed Iran to the stone ages but for checks and balances inherent in the American system, that don't exist in Russia.

This below is exactly what Trump would have done (and IRGC putting women and children would not have stopped him)

YES YOU CAN.

jedisco:
You and how you repeatedly report falsehoods.

The average 25yo Brit in pure financial terms is already an economic negative to the tune of 500k to the government. Many remain in the negative all through their working life. This is a well researched fact.

...

Zahra29 is a dangerous person, and unfortunately, our community has many of them.
Imagine making someone like the voice of people like us because they look like us. They'd make life hellish for people starting out in the same system that was favourable to them. Thank God man no be God.