₦airaland Forum

Why did he die na?

Now peace can reign......... Tommorow is Sunday

PatrickOkunima:
Or is the moderator on holidays? What is all this Cash App post I'm seeing? So irritating!

it is very annoying, I had to stop going to career section

Finish this story now..... Very funny though

This should make front page for others to be enlightened.

I knew there was a strange motive behind the job advert, because this is the first time I'm seeing such advert. Sometimes experience is the best Teacher.


That is why employers are more concerned about GUARANTORS nowadays, I just hope Nigerian change this bad habit of corruption.

Corruption is not only at workplace, even at Markets, Churches and Mosques, Government agencies ( the worst).

This things are caused by societal factors, such as, the feeling to oppress your fellow human with expensive houses, cars, women etc. These things are seen as achievement. That is why a YAHOO BOY IS MORE RESPECTED THAN A TEACHER.

Speak2klein:
Life was rosy for Femi Otedola until it took a sudden turn leaving him billions in the red. He had to start all over again.
In 2008, a shipment containing one million tons of diesel set sail, heading for the shores of Nigeria. The owner of the vessel, Femi Otedola, Chairman of Forte Oil, a petroleum and power generation company, had grown the company to one of the largest in Nigeria, with over 500 filling stations, according to Forbes. The growth had been rapid, and profits were at an all-time high. Then disaster struck.

“I had about 93 percent of the diesel market on my fingertips. All of a sudden, oil prices collapsed, and I had over one million tons of diesel on the high seas, and the price dropped from $146 to $34” — Femi Otedola.

That was only the beginning of his problems. The naira was subsequently devalued, and interest began to skyrocket. When the dust settled, Otedola had lost over $480 million due to the plunge in oil prices, $258 million through the devaluation of the naira, a further $320 million due to accruing interest, and then finally $160 million when the stocks crashed.

“I had two options, either to commit suicide or to weather the storm. I decided to weather the storm. I just knew it was a phase I had to go through.

You see, God prepares you for more incredible things and, of course, the Experience is the best teacher, so I had to learn my lessons. I took the bitter pill”. — Femi Otedola

Otedola was now $1.2 billion in debt. He sought solace in the only thing that had set him on the path to discovering oil, destiny.

“You cannot compete with destiny, so it was my destiny to make billions every month and lose billions as well. I said to myself, ‘I was not going to have friends and enemies, I was only going to have competitors.”
At the age of six, Otedola had already discovered his knack for business. He would provide manicure and pedicure services to his father and his friends and write them a receipt for payment.


On his birthday, while all his friends wanted toys, Femi Otedola would ask his father for a briefcase instead. His father, Sir. Michael Otedola, as a former Governor of Lagos State, was a well-respected man. But now, his son’s public fall threatened to destroy that name.

“After I lost the money, something that struck me was that my father had always been my role model in life, and the first thing I had to do was to protect his name. He had a policy; honesty was the best policy, so I had to protect that name and his integrity.”


Just after the global banking crisis had struck, the Nigerian government established the Asset Management Corporation of Nigeria (AMCON) to buy up distressed loans. Otedola’s loan was sold to AMCON, by the bank he blamed for his challenges.

“Experience is the best teacher. I didn’t have a proper structure, and I also blamed the banks for not advising me. All they were interested in was the profits. They were not interested in the sustainability of the business, they were short-sighted, and all they were interested in was throwing money at me. So they never advised me,” — Femi Otedola.

The banks had to shave off about $400 million from the debt leaving Otedola $800 million in the red. AMCON offered him a restructuring deal, which Otedola declined. He opted instead to repay what he owed and start all over again.

“So we got a reputable firm to value my assets. I had about 184 flats, which I gave up. I was the largest investor in the Nigerian banking sector, which I gave up, I was also a major shareholder of Africa Finance Corporation, and I was the Chairman of Transcorp Hilton. I was a shareholder in Mobil Oil Nigeria Limited, the second-largest shareholder in Chevron Texaco, Visafone, and several companies which they valued, and I had to give up to repay the debt.”

Femi Itedola now had only two properties, his office space and a 34-percent stake in African Petroleum, which he rebranded to Forte Oil in 2010.
In 2014, Otedola bounced back to reclaim his place on the FORBES rich list and currently has a net worth of $1.8 billion, according to the FORBES wealth unit.


These days, he is much wiser; there are systems in place to prevent a similar collapse of his mammoth business empire.
According to the mogul, the day he lost everything was the day he learned his biggest lesson.
It taught him that he could overcome anything.

Source: CNBC Africa

PS: Billionaires lose millions to become billionaires.
Millionaires lose thousands to become millionaires.
But the poor don’t want to lose anything, so they remain where they are.

The greatest glory in living lies not in falling, but in rising every time, we fall. ― Ralph Waldo Emerson

More people will find this article, and get inspired just as you are, if you share. Thank you!

My name is Klein Udumaga

I am happy I read this story....... Klien, thanks for sharing this great article I'm really motivated

I wish them best of luck

mykwaba:
Good news for Lagos residents as you can now pay rent in monthly installments on any apartment across Lagos on [url]kwaba.ng[/url]

We help you sort out your bulk while you pay us later in convenient installment at a very low interest rate.

Note: You have to be a salary earner, earning a minimum of 80k monthly to apply!

Visit [url]kwaba.ng[/url] to apply or download the kwaba app on play store to apply by following this link https://play.google.com/store/apps/details?id=mobileapp.kwaba.com

wow! Great initiative, you will surely sell. This is similar to phone loan by Easybuy. Lagosians are having difficulty paying the heavy rent rates.

If you have an offer for affiliate marketers, pls inform me

Why did she eat her hair

Inside life

This is great! We are all moving irregardless of COVID-19 or not

This is great! From a common security guy to a core bank staff, I'm happy for him

Ogarexmas:
Good day everyone

Today I tried buying airtime from jumia pay like I normally do, I tried paying for the airtime with my unity bank master card it was rejected.

I tried buying through quickteller my card was also rejected.

Due to my curiosity I went to the nearby ATM and tried withdrawing with the same card then it displayed "CARD NOT SMART"

Please what could be the issue

Has anyone experienced this before

What should I do

Your inputs is highly welcome and appreciated

your ATM CARD might be faulty. Go to your bank to lodge the complain

This should make FP na, since snake is involved

In this post COVI-19 era. It will be hard for government to meet there demand

favz:
If you can type 60+wpm, chat me up @ 08120474844. I have something for you.

is it a remote job or what? I don't have a PC but I can meet 60+wpm

euniceukonu:
A Female Accountant is needed in a logistics company in Ikeja Lagos State.

Preferably Igbo, must be in her 30’s . She must be very good in Balancing Accounts etc

Qualifications Bsc/HND

A male Office Assistant is also needed , preferably Igbo. Must be 24 and above .

Qualifications SSCE/OND.

Pls forward all your credentials to Paspy2049@yahoo.com.

Ps: please if you are a kleptomania , please I beg you in the name of God do not apply.

I had to Google the word ' kleptomaniac' have people been stealing from you? Nigerian lmao

Where is your testimony offering?

Queenlovely:
Damnnnnn niggarrr
Isoright

Slawormir

why do you keep saying dammnn nigar

Macsjebs and explorers are either brothers,friends, or the same person.

this I can swear on a stack of bible

the only difference is that explorers uses my pictures in his post, he is an ondo man, married, has a son and a heavily pregnant wife . his post has a 90% chance to make front page. my guess is that seun and explorers are friends . explorers joined nairaland before Macsjebs

Macsjebs on the other hand is a nice person living in the Western part of Nigeria, my intuition says he is a Lagos brought up. he is single but has a girl. intending blogger who wants to carve a niche market on nairaland before taking along some nairalanders with him

I'm suspecting you. How do you know about explorer and macsjebs marital status and even their location. Talk before I arrest you

Agbo19:
Npower 2020 has shortlisted for its second stage. Check if you are included or forward to your loved ones who applied. https://npower-fmhds-gov-ng.

.

guyman3000:
teacher needed to manage a starting school ,at a rural area in Lagos...it's a primary school......
Accommodation available......
Interested one can call on me or WhatsApp me on 09076488329.
Let's plan urgently

location

We should be calming down abi

princeofnolimit:
Are you a graduate, highly motivated and seeking to make it big in Agriculture, Digital marketing and Pastries?
Do you live in Abia, Osun, Enugu, Bayelsa, Kaduna, Kano, Plateau, Rivers, lagos, Ondo, Edo, Imo, Oyo, Delta, Kogi, Ekiti, Ogun, Kwara and the FCT?
Our client, an International firm is seeking candidates with the above Qualities to work with.
Notable Benefits include:
Free Career Training.
Business Mentorship
Access to ready markets
Access to Zero percent interest loans.
Interested candidates should send an email to:
thepedigreehimself@gmail.com or
send Your name, State and phone number to 08150524937. Please do not call.
deadline: 10th september 2020

what are the requirements? I've just applied but I don't have prior experience in those fields

Some people can be wicked Sha. 72k debt will be paid by you...... Please don't accept it

bishopjoe02:
Vacancy, a firm around ikeja/ogba is looking for people to do product upload to their e-commerce website.

Requirement: must have a laptop and live around ikeja/ogba
Reply if you are interested or have someone

I don't have laptop yet but I stay close to Ikeja

This should make front page......very funny

SirMichael1:
After this season, if PSV or feyenoord doesn't carry Eredivise, then they're useless. Seeing how Ajax have been throwing their top player for the past three season away, this is their time to win that league.

do you think ajax are fools? Next season you will see new players even better than this ones

So na because of this guy I go pack all my money for access bank.

OlaCrown123:
VACANCY FOR SALES CANVASSERS
Our client is recruiting suitably qualified candidates to fill the position below:
Job Position: Sales Canvasser
Job Location: Lagos State
Job Requirement:
• Qualification: OND only.
Duties
• Memorizing and reciting sales scripts or statements
• Approaching and talking to people on the street and specific locations about the company and its products
• Displaying knowledge of t0810 664 5384he product and organization
• Answering questions about company products
• Maintaining a clean appearance
• Meeting quotas set out by the organization
Required Skills
To perform these tasks, you’ll need the following skills:
• Ability to sell company products
• Ability to work outdoors
• Previous work experience is necessary
• Interpersonal Skills
• Communication Skills
• Computer literacy
• Sales experience is an advantage
Application
Interested applicants should submit CV to myresourceman@gmail.com as an attachment and send a private
message to 08153036370, 09028483603 . WhatsApp only please .
o Your name should be the title of your CV
o The job title should be the title of the email

which product is that?

Lennylinconlee:
- 3 applicants gave birth at the screening Centre.

- MURIC deliberately accused us.

- Highest score is 86%

- Cut off recommended 50% but the cut off can't be the same across subject line

(I predicted it)

- 6369 (10% of total) scored above 50%

- Board to determine cut off base on subject

- Whoever meets the Cut off, goes into the interview

- After interview of teaching, Non teaching list will be treated

- People with disabilities will undergo interview

- Interview to take place within 1 to 2 weeks so as to resume in the new calender year in September

. How can I apply for Lagos State Teaching job? Pls answer abeg

Samiolafire:
Hackers are reportedly in possession of accounts belonging to about 2000 Access Bank customers. Some of the account details have been posted online by an unknown individual. Access Bank said criminals posted information of their customers, but the bank didn't confirm the validity of the details.

In a video seen by AllNews, a man stated that he hacked Access Bank's system server to obtain customers' personal information to show the vulnerability in Access Bank's internal security. The unknown person said none of the customer information is safe.

Continue Reading:

https://allnews.ng/news/hacker-get-2000-accounts-of-access-bank-customers-tech-expert-slam-access-bank

. Is that why my access bank application not responding?

I need a teaching job around Ojota, Maryland, Ikosi, Mile 12 axis. Kindly quote me if any. Thanks