Alaska90:


Even less than 0.5% will earn that....

emmanuelewumi:



Earning $250,000 per month is an exaggeration.


I doubt if 20% of the workforce make up to that in a year

OgogoroFreak:
It's very possible for tech startup not salary earners.

Alaska90:



Then that's business and anybody can make that anywhere in the world...depending on the solution you are providing.

OgogoroFreak:
How many tech companies in Nigeria are really making money?

ahiboilandgas:
dont miss the point ...Nigeria is a mess and am not comparing the oppurntiies in develop countries with Nigeria .....there over 3 million dollars millionaires in America compared to Nigeria of 15000 thousand.....my issue is for people at the top of their career to resign to go abroad for security work or gaurd...a total worker on 18million resign to move to canada to start as uber driver....but the project guy on 150 that moved to 1.2 is good move

OgogoroFreak:
How many tech companies in Nigeria are really making money?

The truth remains it is easier to be successful abroad than in Nigeria.

Ikjosh04:


I doubt if that guy is saying the truth. People should refrain from coming here to sugar coat things.

ahiboilandgas:
how many trader in alaba are making money....money na money either from tech solutions or buying are selling or churches tithe collections

OgogoroFreak:
what we call money in Nigeria Is actually peanut.

I see you were happy saying you now worth 100M. That's just about $250,000 and you might have been hustling for roughly 20 years.

I know a guy in tech called iyinoluwa aboyeji, he was born 1991. He owns fluttereave - a payment processor and he is already a billionaires in $.

OgogoroFreak:
what we call money in Nigeria Is actually peanut.

I see you were happy saying you now worth 100M. That's just about $250,000 and you might have been hustling for roughly 20 years.

I know a guy in tech called iyinoluwa aboyeji, he was born 1991. He owns fluttereave - a payment processor and he is already a billionaires in $.

OgogoroFreak:
what we call money in Nigeria Is actually peanut.

I see you were happy saying you now worth 100M. That's just about $250,000 and you might have been hustling for roughly 20 years.

I know a guy in tech called iyinoluwa aboyeji, he was born 1991. He owns fluttereave - a payment processor and he is already a billionaires in $.

chigo4u:

Many young people in tech abroad earn over 100m naira in USD equivalent/month.. You can’t compare opportunities in Nigeria to developed countries. Not everyone is a cab driver abroad

ahiboilandgas:
it not peanuts since over 100m Americans dont have just 10 percents of 250k dollars ...the corona don open their nyash 43 m America are queuing for food ....if they have 250k dollars can feed a family for 10 years so how is it peanuts or meat pie ...dangote is going to earn 200bn as dividen next months

OgogoroFreak:
what we call money in Nigeria Is actually peanut.

I see you were happy saying you now worth 100M. That's just about $250,000 and you might have been hustling for roughly 20 years.

I know a guy in tech called iyinoluwa aboyeji, he was born 1991. He owns fluttereave - a payment processor and he is already a billionaires in $.

oluayebenz:


You people have started again.....

Many? Are you among?

Earning 250k usd monthly not even annually


Please dont misleading people here

Theconglomerate:
E go do am like film
Maybe the guy made one dollar investment that won't mature till 2022,so he doesn't even want to hear anything naira appreciation.
Maybe that's why he is so emotional and adamant to the whole thing weh CBN go soon change am for am

ahiboilandgas:
u must be dreaming the catalyst fractionation columns has be installed....i no get strength ....dont even waste your time to envy Aliko dangote he is rear human ....according to otedola aliko wonder land ...he earning 200bn next month

Wiseoldman:


He is indeed a rear breed. I respected him more when I saw his factory in Cameroon. He broke the age long french cement monopoly I'm Duoula. He built a towering factory right in front of the French cement company on the Duoula jetty.

You will have a sense of pride when you see the number of people that troupe out daily wearing their work T-Shirt saying "Dangote". Funny thing, I was there doing work for French interest.

I have no doubt he will complete the refinery and change the business like we have never seen.

ahiboilandgas:
how many trader in alaba are making money....money na money either from tech solutions or buying are selling or churches tithe collections

mikylon:
I feel really blessed knowing about this forum. I have really gained a lot of financial education here free of charge just by been a dedicated reader.
In the quest for financial freedom and to liberate my self from been dependent on salary, I started my financial saving journey since January last year, using both TB & MMF. I started with about 1m then, and have grown it to over 20m. This all happened with financial prudence and drastic cut down in unnecessary spending.
Am currently have all my savings in MMF as TB is no longer juicy. looking at saving up to the 50m and invest into FGN bonds, don't know if that's a good idea. I have decided not to go into building of houses to rent again, cos even the once I have, to see rent collect from tenants na war.

Thanks to the elders in the house (Oga Ahib, Oga ewumi, Oga conglomerate just to name a few) that have being dishing out this advice and sharing investment opportunities.

Any advice on how to preserve this little change wey to done gather is highly welcome.

Topson88:
Cc emmenuelelewunmi, ahiboilandgas, sholapey

I work and live in the UK, before now my plan was to convert all extra pounds to naira which is to be invested in my MMF account monthly and using 20 percent of what i have in my mmf account to increase my holdings in zenith and uba shares during September/ October bear periods in NSE market ( stock investment plan is for long term except if i acheive 150 percent gain then i can sell off to buy again when stocks fall )

Q1. With naira struggling at the moment do you think i should continue with my plan or hold on to forex till tbills and mmf rate increase?

Q2. Do you as a long term stock investor sell at all irrespective of how much percent gain you get as long as fundamentals remain solid and if you sell, is my 150 percent exit target ok or you think 200 percent is not bad.

Q3. Please how do you deal with omo onile problem when buying lands. I have heard nasty experiences from friends and family members.

N.B please pardon my ignorance, the enlightenment in business and finance management i have is being acquired here and on NSEMPA nairaland thread.Thanks

oluayebenz:


You people have started again.....

Many? Are you among?

Earning 250k usd monthly not even annually


Please stop misleading people here

OgogoroFreak:
How many tech companies in Nigeria are really making money?

The truth remains it is easier to be successful abroad than in Nigeria.

Ikjosh04:


I doubt if that guy is saying the truth. People should refrain from coming here to sugar coat things.

Alaska90:



The tech companies in Nigeria are not making money because they don't have the right solution for the existed markets.

Like I said before you can make big money anywhere you are in the world especially in digital sector

If I am lying check out the story of Patrick Collision on Google

He created his company and solution in Ireland and there was no money to sponsor him and his brothers

Then Silicon valley found out about his solution and they came for him and took him away to US

Today the he is worth more than $3 billion

My argument is on salary vs business

In business you can make big money anywhere in the world depending on the solution you are providing

But not so with earning Salary

zohan101:
Bro while it seems strange to you, thats what I am currently been paid workinh in FortMacMurray..While other go to camp after 4pm, I stay back and work overtime! Every day of the week my G...Thats how it is in Canada..You work hard and smart, you make shitload of money..Basically work like an elephant and eat like an elephant unlike in Nigeria where I worked from 8am- 6:30pm but still ate like an Ant..

Matter of fact some canadians went home this weekend complaining they cant be away from their family for too long, but I go no where! Lol..I am going to continur raking in the hours and getting my pay..You get the gist now ba?