emmanuelewumi:


Start and grow a business.

I have a business. Just want to spread my investment.

mimini:


I have a business. Just want to spread my investment.

Expand your business, structure your business that the business can afford to grow in your absence.

Diversify into assets that can give passive income eg real estate, bonds, money market funds, Treasury Bills and the stock market.
Passive income will continue to generate income in your absence, when you are sick, incapacitated and dead.

emmanuelewumi:


Expand your business, structure your business that the business can afford to grow in your absence.

Diversify into assets that can give passive income eg real estate, bonds, money market funds, Treasury Bills and the stock market.
Passive income will continue to generate income in your absence, when you are sick, incapacitated and dead.

Thanks

Good day Bosses,

With all the uncertainty caused by this pandemic, I realize the need to be careful of committing funds to any long term investments; however I can't just leave my $ funds lying in the bank (due to bank charges; I'm a freelancer), please I need suggestions on any safe $ investments I can leave my funds for the time being pending further improvements. My goal here is preservation of my capital.

CC.
Oga Ahiboilandgas
Emmanuelewumi

careerwoman:
My Tbills is to expire first week in July. With the current trends, would it be wise to terminate investment now and buy dollars to keep in a dom account? I’m very much interested in preserving the spending power of my little savings. Which bank is preferable for dom acct opening and maintenance? If I deposit $5k would I be able to withdraw everything when I need it?

Opening any account with GTB is without money I.e Zero balance . Dorm accounts inclusive. Though you will still be advised to fund the account when open but that will be totally at your discretion. Also, I don't think there are maintenance charges with their dorm account.

The charges you are likely to get will be transfer charges and the likes..

odimbannamdi:


...Most times, when these discussions are about to begin, it doesnt start with the headline "This is a secret". No! But you will definitely spot secrets our formal education and street knowledge couldnt provide. Only practice and experience afforded it.

Capitalism dont exist here, bro. We share information freely, and just like someone pointed out earlier, the sky in here can accomodate all the birds.

Well presented my man. God bless you.

Dear all, please does anyone know the current dollar to naira rate for black market? I’m seeing 410 but I wanna be sure and also is it advisable to change my usd-naira now considering the high exchange rate? Pls note I don’t have any use for the money now I just wanna take advantage of the night rate. Thanks

NIGHTLIFE100:
Dear all, please does anyone know the current dollar to naira rate for black market? I’m seeing 410 but I wanna be sure and also is it advisable to change my usd-naira now considering the high exchange rate? Pls note I don’t have any use for the money now I just wanna take advantage of the night rate. Thanks

412 right now. I think dollar will hit 500 this year before dropping but won’t drop less than 400. If you have anything you need the money for currently you can change but if not just continue monitoring the rates every day

freeman67:


Opening any account with GTB is without money I.e Zero balance . Dorm accounts inclusive. Though you will still be advised to fund the account when open but that will be totally at your discretion. Also, I don't think there are maintenance charges with their dorm account.

The charges you are likely to get will be transfer charges and the likes..

Thank you

chigo4u:

412 right now. I think dollar will hit 500 this year before dropping but won’t drop less than 400. If you have anything you need the money for currently you can change but if not just continue monitoring the rates every day

okay thank you

If you can supervise/monitor your business for a minimum of 80%, then go to business section and start reading those threads that arouse your interest. Pls beware of scammers! You will get some clues on how to start establishing your own business empires. You can start small btw.

You can check out car washing( good location), real estate (start buying not-so-expensive lands and developing them to reasonable level if there can be land grabbers), farming, transport business/higher purchase and etc.

Remember also that global recession is coming and it's important to be careful in choosing business to venture into at this period.

mimini:


That is really low. Its just that I don't really have a lot of ideas on how to invest my money. Please can u tell me other ways of investing my money that will be really profitable and genuine so I can read it up. How is govt bond at this time? Thank you.

odimbannamdi:


Controversial human being... you don go Banana Island before? If you go there, you go see sey dem no born 1 million Boys Brigade to near there. Na shoot at sight ooo.

On a more serious note, bro, you should let go of some of your proclivities so that you can harness the wealth of knowledge and experience this thread possess.

Also, endeavour to make contributions with the intentions of learning more, rather than wanting to impose your ideologies and contrary opinions. It is not a challenge.

Your account is new, so it is safe to assume that you just discovered Nairaland, unless you have been a guest all along or you have multiple monikers. This thread has survived this long because of the constructive contributions anchored on continuous knowledge sharing. We hardly hoard information here. All you have to do is keep asking.

Some months ago, someone gave a detailed exposition about how he started his lending business during his Banking Graduate Trainee days and grew his capital base to tens of millions presently. It was a rude eye-opener for me! If i wanted to tow that line, i could have just sent him a PM and, if he could divulge so much here, i am sure he could have also walked me through privately as well

Late last year too, just when NTB started its decline, you needed to see the discussions that went down here about techniques to be profitable in real estate. It was really really enlightening for me. If i were to venture into real estate today, i am sure i would avoid the pitfalls most of our elders here made when they started out earlier.

Shares and Stocks nko, Elder Emma has taken us through salient tips one should know about Shares. From choosing a broker to even recommending stocks one can immediately buy into, everything was laid bare here.

Most times, when these discussions are about to begin, it doesnt start with the headline "This is a secret". No! But you will definitely spot secrets our formal education and street knowledge couldnt provide. Only practice and experience afforded it.

Capitalism dont exist here, bro. We share information freely, and just like someone pointed out earlier, the sky in here can accomodate all the birds.

You are right bro. I learnt alot from this thread. God bless you all.

Can you send link to the business section

Gokoyer0:
If you can supervise/monitor your business for a minimum of 80%, then go to business section and start reading those threads that arouse your interest. Pls beware of scammers! You will get some clues on how to start establishing your own business empires. You can start small btw.

You can check out car washing( good location), real estate (start buying not-so-expensive lands and develop them to reasonable level if there will be land grabbers), farming, transport business/higher purchase and etc.

Remember also that global recession is coming and it's important to be careful in choosing business to venture into at this period.

Here you go. Take your time to check through different threads in the section.
https://www.nairaland.com/business

XiaoLi:
Can you send link to the business section

chigo4u:

412 right now. I think dollar will hit 500 this year before dropping but won’t drop less than 400. If you have anything you need the money for currently you can change but if not just continue monitoring the rates every day

I've gotten quotes for 420 and 423.5. what's your source for the 410? Or are you mistaking buy side for sell side?

Now that oil prices have crashed and keep crashing. What effect does it have on Tb on the long rum?

States are worried that there won't be salary again in next 3 months. Does it mean that govt will borrow more naira locally?

Is the future of tb safe?

What is the treasury bills market going to look like in the next 6 to 12 months; seeing the crash in oil price and shortfall in revenue available to the Nigeria government to finance its expenses

just2endowed:
Now that oil prices have crashed and keep crashing. What effect does it have on TV in the long rum?

States are worried that there won't be salary again in next 3 months. Does it mean that govt will borrow more naira locally?

Is the future of tb safe?

Televisions should be safe in the long run

olujaidi:


Televisions should be safe in the long run

He meant TB, but the joke is well received.

chigo4u:

412 right now. I think dollar will hit 500 this year before dropping but won’t drop less than 400. If you have anything you need the money for currently you can change but if not just continue monitoring the rates every day

Please what's the best site to know the rate? Google is still showing 389

Crazeworld:
Please what's the best site to know the rate? Google is still showing 389

Partner just changed dollars at 410 in abuja about an hour ago. I use aboki fx. mostly shows Lagos rates

Pls house, i really need someone to explain this Treasury Bills and how it works and if it's still profitable to invest in n it. I overheard people saying that NG Government is frustrating TB.

Peterpan222:
Pls house, i really need someone to explain this Treasury Bills and how it works and if it's still profitable to invest in n it. I overheard people saying that NG Government is frustrating TB.

True...Good days of TB is past at the moment...

You can follow Pa emmanuelewumi for other investment opportunities....
Good luck

missjekyll:


Partner just changed dollars at 410 in abuja about an hour ago. I use aboki fx. mostly shows Lagos rates

Dollar to naira I guess.

Afioluwagrace:
Dear Prospect,
1. The world is changing from what we used to know. Challenges abound on every continent and many businesses are shutting down at an alarming rate. The future right now belongs to those who prepare for it, and there is no better way of doing that than investing in an ever-relevant industry (Agriculture and food).
2. Agriculture has been around for as long as we can remember, and will still be around for many more years to come. FarmKonnect Nigeria, the first Agricultural Real Estate Company in Nigeria, has been blazing the trail in the agricultural industry for several years. With investment opportunities which range from N50,000 to several Millions of Naira, they have made it possible for everyone to enjoy impressive returns on investments. They run with a model that gives about 80% total profit to customers, setting them apart from everyone else in the industry.
3. FarmKonnect Nigeria is duly registered with the Corporate Affairs Commission, with over 15 years of experience. You can tap into the wealth of Agriculture by connecting with them. You have the following benefits to enjoy:
a. Become a farmer without having to sweat on the farm.
b. Have access to a wide range of investment packages,
c. Get regular updates on your investment,
d. Receive impeccable customer service,
e. Enjoy up to 80% ROI (depending on your package).

4. There is a lot more that FarmKonnect offers you as a customer; take advantage of these now and secure your tomorrow today. Call Babalola Grace now on 08029098676 or mail her on babalolagrace14@gmail.com and babalolagrace@farmkonnectng.com. You can also visit www.farmkonnectng.comm.

5. Looking forward to having you on board.

Yours faithfully,
Babalola Grace,
Business Executive,
FarmKonnect Nigeria.

@ Grace, there is a thread for what you are marketing here.

Please take your advert to the right thread.

Thank you

missjekyll:


Partner just changed dollars at 410 in abuja about an hour ago. I use aboki fx. mostly shows Lagos rates

thanks

Between the third and fourth quarter of this year, some people who invested in most of these High Yield Investments will realize that they have invested in a Ponzi scheme by then the bubbles would have bursted

olujaidi:


Televisions should be safe in the long run

He meant TB.

emmanuelewumi:
Between the third and fourth quarter of this year, some people who invested in most of these High Yield Investments will realize that they have invested in a Ponzi scheme by then the bubbles would have bursted

:DLet them not hear you sir

emmanuelewumi:
Between the third and fourth quarter of this year, some people who invested in most of these High Yield Investments will realize that they have invested in a Ponzi scheme by then the bubbles would have bursted

The promoters need funds from new speculators in order to pay existing speculators, their fund raising exercises are endless until when the bubbles burst.

They will find it difficult to get new funds going forward due to the current recession in the country, hence the bubbles will burst earlier than expected.

emmanuelewumi:



The promoters need funds from new speculators in order to pay existing speculators, their fund raising exercises are endless until when the bubbles burst.

They will find it difficult to get new funds going forward due to the current recession in the country, hence the bubbles will burst earlier than expected.

One has already burst in Abeokuta. The name of the company is INSURRA SERVICE LTD. Investors are crying now.