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Viktoreze's Posts

Nairaland Forum › Viktoreze's Profile › Viktoreze's Posts

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Properties › Re: The Best Way To Sand-fill A Water-logged Piece Of Land by Viktoreze(op): 3:18am On Jul 23
“Buy real estate in areas where the path exists and buy more real estate where there is no path, but you can create your own.” David Waronker.
Properties › Re: All You Need To Know About Building Foundation by Viktoreze(op): 7:08pm On Jul 21
“Buy real estate in areas where the path exists and buy more real estate where there is no path, but you can create your own.” David Waronker.
Business › Re: The Goldilocks Rule: How To Stay Motivated In Life And Business by Viktoreze(op): 5:54pm On Jul 21
“Buy real estate in areas where the path exists and buy more real estate where there is no path, but you can create your own.” David Waronker.
Art, Graphics & Video › Re: Some Of The Most Famous Artists Of All Time by Viktoreze(op): 5:53pm On Jul 21
The bad news is time flies. The good news is you're the pilot."
— Michael Altshuler
Science/Technology › Re: Backfilling In Foundation: Types And Procedure by Viktoreze(op): 5:52pm On Jul 21
“Landlords grow rich in their sleep without working, risking or economizing.” - John Stuart Mill, political economist
Properties › Re: Land Acquisition In Nigeria: Procedure And Requirements. by Viktoreze(op): 1:58am On Jul 21
“Buy real estate in areas where the path exists and buy more real estate where there is no path, but you can create your own.” David Waronker.
Properties › Re: 10 Rock-solid Reasons Why You Should Be Investing In Land by Viktoreze(op): 1:57am On Jul 21
“Some people look for a beautiful place. Others make a place beautiful.” - Hazrat Inayat Khan, spiritualist
Business › Re: Land Banking: A Highly Lucrative Yet Relatively Untapped Investment Goldmine. by Viktoreze(op): 1:55am On Jul 21
“Landlords grow rich in their sleep without working, risking or economizing.” - John Stuart Mill, political economist
Business › Re: Dangote Refinery: How It Will Boost The Nigerian Economy by Viktoreze(op): 1:27pm On Jul 19
“The wise young man or wage earner of today invests his money in real estate.” Andrew Carnegie
Properties › Re: Land Investment Myths And The Truth About Them by Viktoreze(op): 1:25pm On Jul 19
“When you invest, you are buying a day that you don’t have to work.” Aya Laraya
Investment › Re: Factors Driving Real Estate Investment In Nigeria by Viktoreze(op): 1:25pm On Jul 19
A well chosen property is certain to deliver greater return in the future not only in the form of capital growth but also in the form of rental returns. In order to maximise investment return, investors must position correctly especially in this hard times. Buying real estate is more than just finding a place to call home. It's about investing in the right property that produces a decent return over time.
Business › Re: Land Banking: A Highly Lucrative Yet Relatively Untapped Investment Goldmine. by Viktoreze(op):
Burob:
Ok, I have all these legal estates developed, & undeveloped in former Bendel State now ( Edo & Delta State), and also in Lagos State, I inherited, will be interested in leveraging?
Hi,

Kindly reach out via WhatsApp.

Cheers
Properties › Re: Nigeria: Overview Of The Compulsory Acquisition Of Land By The Government by Viktoreze(op): 8:26pm On Jul 17
“When you invest, you are buying a day that you don’t have to work.” Aya Laraya
Properties › Re: The Making Of The Lekki Tourism Zone by Viktoreze(op): 5:44pm On Jul 17
“90% of all millionaires become so through owning real estate.” Andrew Carnegie
Properties › Re: A Simple Guide To Understanding Real Estate by Viktoreze(op): 5:43pm On Jul 17
“Some people look for a beautiful place. Others make a place beautiful.” - Hazrat Inayat Khan, spiritualist
Investment › Re: Learn First And Then Earn by Viktoreze(op): 1:08pm On Jul 17
“You will come to know that what appears today to be a sacrifice will prove to be the greatest investment that you will ever make.” Gordon B. Hinkley
Business › Re: The Goldilocks Rule: How To Stay Motivated In Life And Business by Viktoreze(op): 1:07pm On Jul 17
“You will come to know that what appears today to be a sacrifice will prove to be the greatest investment that you will ever make.” Gordon B. Hinkley
Properties › Re: All You Need To Know About Building Foundation by Viktoreze(op): 1:06pm On Jul 17
Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.”
-Russell Sage
Science/Technology › Re: Backfilling In Foundation: Types And Procedure by Viktoreze(op): 1:06pm On Jul 17
“You will come to know that what appears today to be a sacrifice will prove to be the greatest investment that you will ever make.” Gordon B. Hinkley
Properties › Re: Important Land Documents For Property Transactions In Nigeria by Viktoreze(op): 1:05pm On Jul 17
“Owning a home is a keystone of wealth… both financial affluence and emotional security”.
Suze Orman
Business › Re: The Goldilocks Rule: How To Stay Motivated In Life And Business by Viktoreze(op): 10:17pm On Jul 15
The bad news is time flies. The good news is you're the pilot."
— Michael Altshuler
Properties › Re: A Guide To Understanding What "Excision Of Land“ Entails In Nigeria by Viktoreze(op): 7:55pm On Jul 15
The bad news is time flies. The good news is you're the pilot."
— Michael Altshuler
Business › Re: Land Banking: A Highly Lucrative Yet Relatively Untapped Investment Goldmine. by Viktoreze(op): 7:54pm On Jul 15
“It is a comfortable feeling to know that you stand on your own ground. Land is about the only thing that can’t fly away.” - Anthony Trollope, novelist
Properties › Re: 10 Rock-solid Reasons Why You Should Be Investing In Land by Viktoreze(op): 7:44pm On Jul 15
“When you invest, you are buying a day that you don’t have to work.” Aya Laraya
Career › Re: The Proven Path To Doing Unique And Meaningful Work by Viktoreze(op): 7:44pm On Jul 15
“Some people look for a beautiful place. Others make a place beautiful.” - Hazrat Inayat Khan, spiritualist
Investment › Learn First And Then Earn by Viktoreze(op): 7:40pm On Jul 15
Education is sacrosanct.

In becoming a successful real estate investor, the importance of education cannot be over-emphasised. Nothing can take the place of right knowledge and information in the world of real estate. It is therefore important that you get yourself educated.

Before you think of investing in real estate, go for the right education and knowledge.

As important as education is in real estate industry, do not spend so much money on seminars, workshops and coaches. Do not be misled with the common notion that you should go for an expensive education.

Information is available, plentiful and inexpensive. So, why spend more than necessary on the right education? Find it online as it is readily available there or seek the expertise, knowledge and experience of someone who has been successful in real estate.

You need to understand that holding on to assets is a fundamental way of creating wealth for yourself in real estate, as the shelter is an underlying universal need.

By having a rental, you are in control of a business that will steadily bring income for you.

Many young individuals want apartments close to the cities….

It is therefore advisable that you buy houses in your cities. It is also good that you do not inflate your budget.

Majority of the projects you will embark on have surprises. See this as part of the real estate business. Expect the unexpected and lower your funds for increased returns and reduced risks.

As a beginner, it is wise you begin with one project at a time. Devise your model, modify it, and keep buying ass the opportunities avail themselves. Continue with this system until you build a portfolio for yourself.

The tip is making a success out of your real estate business is that you educate yourself… Get yourself actively involved in the industry;

Create values for clients and prospects….

Cultivate the habit of taking positive, determined actions on a daily basis towards the achievement of your set goals.

Go for meet-ups, seminars, network and learn from others. When you are ready, and it’s time to take decisive action on deals, act immediately.

Culled from Investopedia

Business › Re: Dangote Refinery Cuts Fuel Prices Again, Signals Further Moderation by Viktoreze(op): 3:02pm On Jul 14
The Dangote Refinery is a notable landmark in Ibeju-Lekki, Lagos State.
Business › Dangote Refinery Cuts Fuel Prices Again, Signals Further Moderation by Viktoreze(op): 2:59pm On Jul 14
Dangote Refinery reduces PMS by N200 per litre in one month, says refinery absorbed global oil price surge.

Dangote Petroleum Refinery & Petrochemicals has announced another reduction in the ex-depot price of Premium Motor Spirit (PMS), marking its fourth price cut within a month as the company said it continues to pass lower production costs to consumers despite still processing crude oil purchased at significantly higher international prices.

The latest N50 per litre reduction brings the cumulative decrease in the refinery’s PMS ex depot price to N200 per litre since May 30, 2026, reducing the gantry price to 1,075. Over the same period, the refinery has reduced the ex-depot price of Automotive Gas Oil (AGO) by N300 per litre and Jet A1 aviation fuel by N520 per litre.

The company said the successive reductions demonstrate its commitment to ensuring Nigerians benefit from favourable market developments while maintaining the long-term sustainability of domestic refining operations.

In a statement issued on Thursday, the Dangote Refinery explained that petroleum product pricing cannot mirror daily movements in international crude oil markets because crude is purchased weeks, and sometimes months, before it is processed. According to the refinery, the petroleum products currently being supplied to the market are being produced from crude inventories acquired during periods of substantially higher prices.

It disclosed that the average landed cost of crude processed stood at approximately US$124.80 per barrel in May and US$95.25 per barrel in June, compared with the current international benchmark of about US$71.01 per barrel.

The refinery also clarified that its crude procurement costs are not based solely on the headline ICE Brent benchmark commonly quoted in the media.

Rather, crude is purchased on a Dated Brent basis together with applicable market premiums, freight and logistics costs, resulting in actual feedstock costs that differ materially from benchmark prices.

Despite the sharp increase in crude acquisition costs during the period, Dangote Refinery said it deliberately refrained from transferring the full impact to consumers, choosing instead to absorb a significant portion of the additional costs in order to support market stability and cushion Nigerians from the volatility in global energy markets.

The company noted that this pricing approach has helped to keep petroleum product prices in Nigeria below those prevailing in neighbouring countries, even after accounting for applicable taxes. It added that as lower priced crude cargoes progressively enter its production cycle, the refinery has begun systematically passing the benefits to the market through phased price reductions.

“Today’s N50 per litre reduction is the fourth price cut in one month, bringing cumulative reductions to above N200 per litre on PMS. This approach ensures that pricing decisions are anchored on actual production economics and inventory costs rather than short term fluctuations in international oil markets,” it said. “Nigeria today benefits from the stabilising role of domestic refining capacity. The Dangote Petroleum Refinery currently supplies volumes sufficient to meet national demand, helping to strengthen energy security, eliminate dependence on imports, conserve foreign exchange and provide greater price stability for consumers and businesses”.

Culled from premiumtimes

Business › Re: The Goldilocks Rule: How To Stay Motivated In Life And Business by Viktoreze(op): 11:14pm On Jul 13
Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.”
-Russell Sage
Investment › Re: Factors Driving Real Estate Investment In Nigeria by Viktoreze(op): 11:14pm On Jul 13
“Some people look for a beautiful place. Others make a place beautiful.” - Hazrat Inayat Khan, spiritualist
Properties › Re: A Brief History Of Modern Architecture And Design by Viktoreze(op): 11:12pm On Jul 13
Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.”
-Russell Sage
Properties › Re: Land Acquisition In Nigeria: Procedure And Requirements. by Viktoreze(op): 8:08am On Jul 13
Real estate is an imperishable asset, ever increasing in value. It is the most solid security that human ingenuity has devised. It is the basis of all security and about the only indestructible security.”
-Russell Sage

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