ojesymsym:
Although I think you are right but my common sense would have told me that men will cut cost, reduce non essential expenditure and be more responsible in a dwindling economy. I understand more girls going into olosho wen the economy is tough but how come men can still afford to be customers.
Something does not add up for me.

What you are saying is true for people that are financially educated (people that listen to all that Oga Emma tries to teach everyday ).

Unfortunately, not many people take their finances that seriously. Why do you think slay mamas are cashing out daily even as Nigerians are crying of poverty and hardship? Men are thinking with their ‘balls’ and transferring their wealth to these slay queens.

Grupo:


In those hotels, people pay an average of 2k and sometimes, 1.5k for short time.

For most men, getting sexual pleasure that way is cheaper than keeping a girlfriend.

Especially considering the fact that relationships are still on a "pay to play" or money for ground basis in this country.

ojesymsym:
Although I think you are right but my common sense would have told me that men will cut cost, reduce non essential expenditure and be more responsible in a dwindling economy. I understand more girls going into olosho wen the economy is tough but how come men can still afford to be customers.
Something does not add up for me.

By the way, it is mostly poor people that patronize the olosho houses (or ashi house as they are known in the streets ). To them, money comes and money goes. On their way back from the day’s hustle, they must enter ashi house to step down

emmanuelewumi:



How do you know?

For the first part, there's an active thread on this nairaland where ashawo men talk about their exploits at ndokwa hotels.

For the second part, I have experience trying to keep girlfriends.

Their phones will always spoil one week after meeting, or their birthday is next two weeks after meeting.

Or their car engine has knocked and you have to assist to fix it.

Or their house rent is due.

Or their sick mama in the village needs urgent medical attention.

Or they need a random urgent 2k to make hair.

The list is endless. Haha.

Grupo:


For the first part, there's an active thread on this nairaland where ashawo men talk about their exploits at ndokwa hotels.

For the second part, I have experience trying to keep girlfriends.

Their phones will always spoil one week after meeting, or their birthday is next two weeks after meeting.

Or their car engine has knocked and you have to assist to fix it.

Or their house rent is due.

Or their sick mama in the village needs urgent medical attention.

Or they need a random urgent 2k to make hair.

The list is endless. Haha.

Someone mentioned me last week and I dropped by to advise a patron ie Powerdcom who needed N2 million for a business

Emndy:


*Cash deposits aren't allowed.
*Transfer fees apply when carrying out interbank transfers ( all fees borne by you).
*A way to avoid the transfer fees when subscribing is to have a usd acct domiciled in the same bank as the fund custodian bank, this way you simply source fr your usd (as inflow) and then do an intra bank transfer to the eurobond fund act.

Even if you buy cash then depisit in ur dorm act, you won't be able to use it for wealth mgt activities like yje eurobond or usd funds. Funds must be inflow.

CBN is just crazy with the rule of only inflow can be transferred. Whether inflow or cash deposit, the money belongs to the account holder and he should be allowed to do whatever he wants with it.
Nigeria and frustrating people sha

Lol... You are both right and wrong. There a couple of duplexes in lekki phase one, rented by one madam with girls hosted inside then for same olosho business.
I guess the location in this case increases their market value.

Lazyyouth4u:


By the way, it is mostly poor people that patronize the olosho houses (or ashi house as they are known in the streets ). To them, money comes and money goes. On their way back from the day’s hustle, they must enter ashi house to step down

emmanuelewumi:



Someone mentioned me last week and I dropped by to advise a patron ie Powerdcom who needed N2 million for a business

Hahaha. Powerdc.om should be a brand ambassador for ndokwa by now.

Grupo:



Hahaha. Powerdc.om should be a brand ambassador for ndokwa by now.

Doubt if any serious investor who worked hard for his money will invest in him.

They can buy drinks for and enjoy his company, but can't be Investment


50% of the fund raised with be spent at Ndokwa and termed as marketing, publicity and business development expenses

You are right on point, one particular one wey I never chop due to work schedule just billed me N600k unto house rent is overdue.
It was actually the third telephone conversation and e don present N600k bill. Some people get mind, no be say I no fit give am the money, I fit even give am X10 of that but on what basis baffles me, because e go bring im toto for the table.
With that amount I fit phuck am for 60 different flavours, why waste it on one.
Some people no get sense.
The same idiot go call me on WhatsApp and within 2 mins e go tell me say im calling credit don almost finish.
Abeg bros, your WhatsApp call get number of calling minutes?

Grupo:


For the first part, there's an active thread on this nairaland where ashawo men talk about their exploits at ndokwa hotels.

For the second part, I have experience trying to keep girlfriends.

Their phones will always spoil one week after meeting, or their birthday is next two weeks after meeting.

Or their car engine has knocked and you have to assist to fix it.

Or their house rent is due.

Or their sick mama in the village needs urgent medical attention.

Or they need a random urgent 2k to make hair.

The list is endless. Haha.

ojesymsym:
Although I think you are right but my common sense would have told me that men will cut cost, reduce non essential expenditure and be more responsible in a dwindling economy. I understand more girls going into olosho wen the economy is tough but how come men can still afford to be customers.
Something does not add up for me.

In times of recession and economy downturn, more people take to drinking. The same with oloshoism.

Lazyyouth4u:


What you are saying is true for people that are financially educated (people that listen to all that Oga Emma tries to teach everyday ).

Unfortunately, not many people take their finances that seriously. Why do you think slay mamas are cashing out daily even as Nigerians are crying of poverty and hardship? Men are thinking with their ‘balls’ and transferring their wealth to these slay queens.

Trust me sir, there is no financially stable slay queen, most are battling the effects of the abuse of human biology, those that have understood d game just act as proxy organizing young misinformed girls for lazy men...........

U can never abuse nature and go Scot free, na ur body go tell u

pizapato:


CBN is just crazy with the rule of only inflow can be transferred. Whether inflow or cash deposit, the money belongs to the account holder and he should be allowed to do whatever he wants with it.
Nigeria and frustrating people sha

My thoughts exactly!

emmanuelewumi:



Minimum cash flow of N4 million per day. Na wa ooo.

I hope the guy is converting all his money to dollars sha

His business model is unique.

He builds a 2 story building comprising of single rooms. Minimum of 27 rooms. He has a manager that manages the place. Only drinks are sold, no food is sold on the premise, meaning once you are hungry you go out to eat.

Now the ladies are tasked to remit N5000 daily to the manager.

Short time... 2k to 3k depending on bargaining power.

Till day break (TDB) 5k to 15k depending on negotiation skills.

N5000 x 27 = N135,000 daily.

Expenses would be just to put on the generator at night, and play DJ mix

Capital includes the fixed assets, Land, House and Generator.

Miscellaneous would be to settle police with drinks and one of the girls when they come.

From the above calculations, earnings can be projected.

omohz:


Yes , i once stayed in amuwo and ajegunle , that man revolutionized olosho business .

That man's model is something to be studied.

I have always admired his approach, despite him applying it to olosho business, it is something that can be applied to other sectors of the economy

condomuser:
You are right on point, one particular one wey I never chop due to work schedule just billed me N600k unto house rent is overdue.
It was actually the third telephone conversation and e don present N600k bill. Some people get mind, no be say I no fit give am the money, I fit even give am X10 of that but on what basis baffles me, because e go bring im toto for the table.
With that amount I fit phuck am for 60 different flavours, why waste it on one.
Some people no get sense.
The same idiot go call me on WhatsApp and within 2 mins e go tell me say im calling credit don almost finish.
Abeg bros, your WhatsApp call get number of calling minutes?

Hahahaha. 600k? These slay queens get mind sha.

pussiboner:


His business model is unique.

He builds a 2 story building comprising of single rooms. Minimum of 27 rooms. He has a manager that manages the place. Only drinks are sold, no food is sold on the premise, meaning once you are hungry you go out to eat.

Now the ladies are tasked to remit N5000 daily to the manager.

Short time... 2k to 3k depending on bargaining power.

Till day break (TDB) 5k to 15k depending on negotiation skills.

N5000 x 27 = N135,000 daily.

Expenses would be just to put on the generator at night, and play DJ mix

Capital includes the fixed assets, Land, House and Generator.

Miscellaneous would be to settle police with drinks and one of the girls when they come.

From the above calculations, earnings can be projected.

He can't have it all, the manager will keep N2000 for the running of the place and his own money.


N3000 per room is his ideal income. Multiplied by 27 rooms then multiplied by 48 outlets.

He doesn't have to run the bar, the people running the bars will pay weekly rent to the man

condomuser:
You are right on point, one particular one wey I never chop due to work schedule just billed me N600k unto house rent is overdue.
It was actually the third telephone conversation and e don present N600k bill. Some people get mind, no be say I no fit give am the money, I fit even give am X10 of that but on what basis baffles me, because e go bring im toto for the table.
With that amount I fit phuck am for 60 different flavours, why waste it on one.
Some people no get sense.
The same idiot go call me on WhatsApp and within 2 mins e go tell me say im calling credit don almost finish.
Abeg bros, your WhatsApp call get number of calling minutes?

Is this 600k with condom or without condom as you be condomuser?.

na definitely with condom o, I no trust am, make im no give person craw craw.
Any of them wey bill me like that goes to the transactional list queue.
How can someone I never take eye see bill me N600k even Tinubu won't pay such

Na only babe wey live with me under same roof for six months idey do raw, unless trust dey and we go testing and we confirm everything dey ok on both sides then I lash am like oke mkpi (He goat).

NL1960:


Is this 600k with condom or without condom as you be condomuser?.

Lazyyouth4u:


I agree with the bolded. With the way Naira continues to devalue, you can only beat the Naira for sure and not lose money by keeping funds in USD and then converting when needed.

But the question I keep asking is if you go to mallam and change the money, will you just keep it at home and be changing to Naira when you need Naira? What about Omila? You go just dey see omila for dream until HBP strikes

You can’t use dom accounts if you are a guy with millions in Naira because of limits as per CBN regulations.

You can’t open offshore accounts if you are not a resident of the country where the bank is. There are ways around this but most people can’t do this.

So how should people do na? Nobody is answering this question.

There's a simple solution to this, some already know this but I dey fear make cbn no go block the loophole, it's not illegal either.

You can scale through all those imagined barriers.. size, withdrawal, investing, saving, diversification.

Pm if you want to know.

There are barriers to it, ..there is limit to how much you can deposit in your dom account, if you change millions of naira to USD then depositing the USD to your dom account is where the barrier comes in..this law started this year i think because i was able to convert and deposit a lump sum to my dom account last year February.

The only way you can withdraw this money in naira and get it deposited in your dom account is by illegal means.

At the bolded why not share it here for others to learn if it is legal.

neyohh:


There's a simple solution to this, some already know this but I dey fear make cbn no go block the loophole, it's not illegal either.

You can scale through all those imagined barriers.. size, withdrawal, investing, saving, diversification.

Pm if you want to know.

emmanuelewumi:



He can't have it all, the manager will keep N2000 for the running of the place and his own money.


N3000 per room is his ideal income. Multiplied by 27 rooms then multiplied by 48 outlets.

He doesn't have to run the bar, the people running the bars will pay weekly rent to the man

The manager is a salary earner.

His extra money comes from the girls as tips and side hustles.

pussiboner:


The manager is a salary earner.

His extra money comes from the girls as tips and side hustles.

So he is the one managing 50 outlets, that is why I love Dangote's style. The man no dey disturb himself too much.

OgogoroFreak:
Yes, it will always do better in the long run but how would you be paying your bills in that long run? That is why I mentioned common sense.

Even while you invest, it's a good idea to still have cash ready or access to cash to grab certain opportunities when they come.

I recently bought a really cheap property at distress sale. Two plots of land with uncompleted building on it. I almost lost out on the deal even with my ready cash. Imagine if I didn't have cash or waiting to liquidate an investment?

I will be building an olosho/ashawo joint there(heard the girls pay as high as 5k per day for a room) where people can come relax, drink and carry olosho. This is why I have been spending more time reading posts in the bear palour olosho thread. Just to understand my would be customers.

As a former Grand Commander and Patron this is a very lucrative business. Mist BUSINESS in Nigeria that does not have any law backing it or properly regulated is a goldmine.

Akthedreamer started out by selling ladies to men

Kingblackhoc was once a agrand Patron of the Ashewo thread and went further to open his own website but drugs and alcohol killed him, though he made money from it

Codedruns is still up and running, daily number of verified registered members stands at 5. I worked briefly with them before moving to EN

Exotic Nigeria started before CR but exotic Nigeria have fre challenges
1. They are not resident in Nigeria
2. The business is not registered unlike CR
3. No business survive without advertisement which EN finds it difficult to do
4. Poor remuneration

The site Administrator of EN has started his own (hotnigeriangirls)

Now, let leave the virtual brothel and move to the physical ones.

Ensure you have the following fully covered


Police
This cannot be overemphasize, if you don't settle them on a regular, they will raid you brothel non-stop

Solution: Once you open, make sure you visit the DPO and state it clearly to him, you are running a brothel in his domain and you are dropping xyz amount and a bottle of hot drink for ensuring that you business is safe and secured. He may tell you, you will have to settle SO and his boys, ensure when you are leaving, you get his number and drop a few cash for his recharge card.


Manager
You need to bring someone with the experience in brothel business and knows the in and out of the business, don't employ a hotel manager in place of a brothel manager, you will run at a big loos if you do so. The brothel manager should be entitled to 2 bottle a month and a call card (depending on you) make it clear to him that what makes you smile is the money an nothing else, he may have a girlfriend among the girls, it none of your fucking business as long as your money is complete, you smile, but if it not be very brutal and mean.


Girls
They will make passes at you especially once they are owing, at every given point don't ever smile or laugh with them, you don't have any business with them, some will feel as long as you are a man, you have a price, be smart, control yourself and you had enjoy the business. They usually have a leader that deals directly with the manager.


Location
This is very important otherwise, you will be feeding the police. A street away from a very busy major bus/stop is key or few meters away from the b/stop.
E.g Kampala, Empire, Tanke, Oluko, New benin Gbesa, otukpo to name a few. If you look closely you will see that some of the mentioned places are a street away from the major b/stop or few meters away from the b/stop


Association
Just like other business brothel have association, this is because these girls would want a cheaper place hence the need for the association to have a specific price for the rooms. This is to make sure you the new entrants don't spoil the business by charging a lesser fee.

It's a very lucrative business, as long as there is unemployment, there will always be a fresh supply of women

emmanuelewumi:



He can't have it all, the manager will keep N2000 for the running of the place and his own money.


N3000 per room is his ideal income. Multiplied by 27 rooms then multiplied by 48 outlets.

He doesn't have to run the bar, the people running the bars will pay weekly rent to the man

He doesn't need a DJ it's a brothel, your phone or MP4 connected to a large speaker is all that is needed.

Since his starting out the manager doesn't need an imprest.

pussiboner:


His business model is unique.

He builds a 2 story building comprising of single rooms. Minimum of 27 rooms. He has a manager that manages the place. Only drinks are sold, no food is sold on the premise, meaning once you are hungry you go out to eat.

Now the ladies are tasked to remit N5000 daily to the manager.

Short time... 2k to 3k depending on bargaining power.

Till day break (TDB) 5k to 15k depending on negotiation skills.

N5000 x 27 = N135,000 daily.

Expenses would be just to put on the generator at night, and play DJ mix

Capital includes the fixed assets, Land, House and Generator.

Miscellaneous would be to settle police with drinks and one of the girls when they come.

From the above calculations, earnings can be projected.

Oga it a brothel not a hotel, the generator goes off by 12 am otherwise he will buy fuel and maintenance and he will factor it into the room cost and at the end of the day, customer will run to your competition.

emmanuelewumi:



Someone mentioned me last week and I dropped by to advise a patron ie Powerdcom who needed N2 million for a business

Poweredcom missed a golden opportunity when he started his own outfit on Facebook, he lost focus, he was competiting very well with CR when CR didn't even have a website. The traffic on his page on Facebook then was very good, perhaps today he would have been a leading player in the adult industry.

Pascopele:
Oga it a brothel not a hotel, the generator goes off by 12 am otherwise he will buy fuel and maintenance and he will factor it into the room cost and at the end of the day, customer will run to your competition.

With 5k per room and about 30 rooms. 150k per day.

10k or less per day for diesel won't kill the business.


His unique selling point, all rooms have AC and are ensuite, generator and security. That is why he is sending others out of business in Lagos

Lazyyouth4u:


That shows how much the person is making. Organic growth as business is booming. Olosho business for Naija has been growing at double digit rates since Bubu enter and brought along recession

Sadly, the average Nigerian girl from a poor home turns to ‘oloshoism’ to survive while the average Nigerian man is willing to spend his last card on olosho to satisfy his cravings

The business has been booming before Buhari came to power even before Jonathan, Obasanjo and others. Truth be told it not girls from poor home alone, even the rich girls are in this game, let leave that for another days discussion. The average Nigeria undergraduate or graduate see prostitution as a means to meeting her needs. There are something better left unsaid

Very possible to get 13% yield in the secondary market for FG bonds

Pascopele:
As a former Grand Commander and Patron this is a very lucrative business. Mist BUSINESS in Nigeria that does not have any law backing it or properly regulated is a goldmine.

Akthedreamer started out by selling ladies to men

Kingblackhoc was once a agrand Patron of the Ashewo thread and went further to open his own website but drugs and alcohol killed him, though he made money from it

Codedruns is still up and running, daily number of verified registered members stands at 5. I worked briefly with them before moving to EN

Exotic Nigeria started before CR but exotic Nigeria have fre challenges
1. They are not resident in Nigeria
2. The business is not registered unlike CR
3. No business survive without advertisement which EN finds it difficult to do
4. Poor remuneration

The site Administrator of EN has started his own (hotnigeriangirls)

Now, let leave the virtual brothel and move to the physical ones.

Ensure you have the following fully covered


Police
This cannot be overemphasize, if you don't settle them on a regular, they will raid you brothel non-stop

Solution: Once you open, make sure you visit the DPO and state it clearly to him, you are running a brothel in his domain and you are dropping xyz amount and a bottle of hot drink for ensuring that you business is safe and secured. He may tell you, you will have to settle SO and his boys, ensure when you are leaving, you get his number and drop a few cash for his recharge card.


Manager
You need to bring someone with the experience in brothel business and knows the in and out of the business, don't employ a hotel manager in place of a brothel manager, you will run at a big loos if you do so. The brothel manager should be entitled to 2 bottle a month and a call card (depending on you) make it clear to him that what makes you smile is the money an nothing else, he may have a girlfriend among the girls, it none of your fucking business as long as your money is complete, you smile, but if it not be very brutal and mean.


Girls
They will make passes at you especially once they are owing, at every given point don't ever smile or laugh with them, you don't have any business with them, some will feel as long as you are a man, you have a price, be smart, control yourself and you had enjoy the business. They usually have a leader that deals directly with the manager.


Location
This is very important otherwise, you will be feeding the police. A street away from a very busy major bus/stop is key or few meters away from the b/stop.
E.g Kampala, Empire, Tanke, Oluko, New benin Gbesa, otukpo to name a few. If you look closely you will see that some of the mentioned places are a street away from the major b/stop or few meters away from the b/stop


Association
Just like other business brothel have association, this is because these girls would want a cheaper place hence the need for the association to have a specific price for the rooms. This is to make sure you the new entrants don't spoil the business by charging a lesser fee.

It's a very lucrative business, as long as there is unemployment, there will always be a fresh supply of women

You are indeed a grand patron in this field ,if i may ask, how do sites like codedruns make money, enlighten me

Pascopele:
Poweredcom missed a golden opportunity when he started his own outfit on Facebook, he lost focus, he was competiting very well with CR when CR didn't even have a website. The traffic on his page on Facebook then was very good, perhaps today he would have been a leading player in the adult industry.

Bros that time was just for fun ..now that the business de my mind to explore the best areas and make good money in the future now no money

Abeg forget CR ...jare those people have money to invest online