As @ yesterday, d exchange rate of naira to cfa(benin currency) is 360.This rate s record highest so far in transaction over d years.
i do wonder sometimes why d rate could reach this far compare 2 d rate we have some months ago.
Let's have ur views on this as stakeholders,experts,& business gurus in this area.
i resides around benin rep. border town( igolo)so u can contribute to this discussion even with everything u need 2 know about exchange rate, enquiries on frozen food business( chicken & turkey)

Interesting thread, i heard things are extremely cheap in cotonu but crossing border with them might be difficult, i know a lady who buy chicken and turkey in cotonu and she is doing quite well, how much does a carton of chicken and turkey cost over there.

Following...

I usually buys Palm-oil from Oja-Odan market regularly. Of recent the prices are going on the high side and the traders are saying it's due to the depreciation of the Naira. I have never cross to Benin Rep. before. @OP, are you privy to any lucrative business or product in Cotonue that is good for the Nigerian market at the moment. Pls share.

[quote author=lady deb]Interesting thread, i heard things are extremely cheap in cotonu but crossing border with them might be difficult, i know a lady who buy chicken and turkey in cotonu and she is doing quite well, how much does a carton of chicken and turkey cost over there.
getting things cheap? maybe in good old days, u need to see d how far people go to be able to get these goods here and what they go thru in getting them 2 lagos and beyond.
4 instance a bag of rice here cost #7100. u cross it to nigeria with #250. then from idiroko to sango ota,u tranport it with 1300 per bag. couple with d risk involve owning 2 seizure by customs.
d cheapest carton of chicken here cost 12500cfa like #4600 in naira, a carton of turkey cost 15500cfa,4rm here to sango,u pay 850naira(tranport & crossers).
if u come 2 the mkt with 500k,hardly would u buy 100cartons in it,so would u say they r cheap again?
exchange rate today is 357.5 to cfa.

@ ranson
i don' t know much about palm oil business.

@ eni orisha
pls do u know abt d importation of used clothings.e.g baby wears,shoes e.t.c

op can you help by giving more info like ellmateo of DIY

GOD bless you by doing so

[quote author=diamondlov]
go to tokpa and mesehbo.
There u See varieties of used wears those of babies & adult.

shinaf: op can you help by giving more info like ellmateo of DIY

GOD bless you by doing so

i don' t get u sir/ ma.

I would like to know too about goods going from Benin to Nigeria.
(following)
How safe is it, and what are the expenses.

eni orisha:
i don' t get u sir/ ma.

. He needs you to provide us with useful information about business activities in Benin Republic that could generate business ideas for 2014.

eni orisha:
i don' t get u sir/ ma.

DIY means do it yourself importation from importation from any where in the world ...with a lot of information sir the man called elmateo had been source of joy to many pple the guy gave info on how to buy all over the world ....please can you help on what we need to start all what it takes from cotonue to nigeria..buying low price item fayawo it to nigeria

Planning to travel to cotonou to buy ladies wears! I don't really know how cheap they are over there.pls any body with useful info should please share!thanks all

abhi.r:
I would like to know too about goods going from Benin to Nigeria.
(following)
How safe is it, and what are the expenses.

to great extent,i can guarantee safety of frozen foods i deal in.Moreover, u can as well deal in some portable commodity like jewelries,etc

shinaf:
DIY means do it yourself importation from importation from any where in the world ...with a lot of information sir the man called elmateo had been source of joy to many pple the guy gave info on how to buy all over the world ....please can you help on what we need to start all what it takes from cotonue to nigeria..buying low price item fayawo it to nigeria

First,u need 2 decide on d particular commodity u wanna deal in, then u start on a very small scale.
will be back later.

@ eni orisha, I am interested in buying and selling of jewellries. Are they real gold that are measured in karrats and sold using scale? You adviced anyone that is interested in this kind of biz to start with little cash. If I may ask, what little amount can I use to start? What about the marketing aspect? How can I sell them off fast? Who are the targetted buyers I can supply and get my proceed/cash immediatly? Thanks

dammy1985: @ eni orisha, I am interested in buying and selling of jewellries. Are they real gold that are measured in karrats and sold using scale? You adviced anyone that is interested in this kind of biz to start with little cash. If I may ask, what little amount can I use to start? What about the marketing aspect? How can I sell them off fast? Who are the targetted buyers I can supply and get my proceed/cash immediatly? Thanks

Hello Dammy, drop your email address so that we can discuss better. I sells jewellries in bulk.

Hello Dammy, drop your email address so that we can discuss better. I sells jewellries in bulk.

Are you talking about expensive jewelry (gold/diamonds)??
Or Semi precious jewelry ?
Or Artificial Jewelry?

Am talking about the type of jewellries the Hausas at Sabos(hausa's communities) buy...

abhi.r:
Are you talking about expensive jewelry (gold/diamonds)??
Or Semi precious jewelry ?
Or Artificial Jewelry?

I am talking about the type I can sell to Hausas. I want to know the buyers first. Thanks

yes, its always better to know about buyer's first.

To those who r interested in jewelries business, if ur motive to going into jewelries transaction is to preserve cash,then u could choose d hausas.If u really want to trade in it ,then it should be fashion ones of semi precious ones with better artificial ones to start with.And moreover,it depends on sociable u are,ur connections.ur target mkt could be students,offices/ govt secretariat,etc.
u can start with as low as 20,000 naira.

Hi,I'm interested in buying n selling of the Gold, pls pm me "Ouahabian@gmail.com"

shinaf:
DIY means do it yourself importation from importation from any where in the world ...with a lot of information sir the man called elmateo had been source of joy to many pple the guy gave info on how to buy all over the world ....

DIYI is one of d best thread on NL, I've benefitted a lot frm it, same wit so many other pple. Could remember sighting ur handle a couple of times on that thread, dats d reason for d quote.

@OP, I'm very interested in purchasing male and female used shoes frm cotonou, I have people who would be willin to buy. Please how do I go about this? Thanks in advance

Nice thread

[quote author=fursh]

DIYI is one of d best thread on NL, I've benefitted a lot frm it, same wit so many other pple. Could remember sighting ur handle a couple of times on that thread, dats d reason for d quote.

@OP, I'm very interested in purchasing male and female used shoes frm cotonou, I have people who would be willin to buy. Please how do I go about this? Thanks in advance
i suggest u try semeh border entry point, i am at idiroko entry point anyway.Ask 4 direction to tokpa or mesehbo( mkt 4 used wears, grade A & low grades)
@ all, exchange rate 2day s 354 to naira i.e 354naira to 1000cfa..

op .....i will love to transport frozen turkey , rice ..groundnut oil....from cotonue ...what does it takes

eni orisha: .

Thanks for your reply, I'd make arrangement on how to go about it, probably by next year. Thanks once again

pls am interested in buyin used wears nd shoes nd jewelries pls how much is d lowest strat up capital on this and what are d procedure for safety purpose....thanks sir

tobbyte:
pls am interested in buyin used wears nd shoes nd jewelries pls how much is d lowest strat up capital on this and what are d procedure for safety purpose....thanks sir

I will advise you to forget about there jewelries coz they don't sell real gold. If you really want to go into jewelry fully try kano.
As per wears and shoes, u go buy tire for there.

My 50cent

estilo:


I will advise you to forget about there jewelries coz they don't sell real gold. If you really want to go into jewelry fully try kano.
As per wears and shoes, u go buy tire for there.

My 50cent

Do u normally go to Cotonou? Need to make enquiries