Tobex4realTobex234:


Except you're working for the government, most private organizations would require you to have the requisite skill.

Are you saying a job like software development can be gotten via "man know man"? If you're simply not initially capable, even if your brother owns the company, you won't be employed if you don't have the skills.

Gbam. 'Man know man' no dey write codes. It is mainly in ministries you hear of slots.

How about capital preservation?

freeman67:


Yes.

So are we now agreeing that we call connection here is not the same as what westerners call networking?

Let's say networking is for private sector in naija (in the west, it can be handy in both private and public sector).

But connection is strictly for the public sector in naija.

emmanuelewumi:



The pandemic will end up creating a new sets of normal.

I learnt 60% to 70% of workers on Victoria Island are still working from home. 3 of my Stockbrokers have not opened their physical offices but they have done and still doing transactions running to billions of Naira between April and now.

This may affect cost of real estate on the Island. Businesses may just need small offices where workers can come once or twice in a month

Employees at Deloitte have been working from home since April.

CsRockefeller:


Employees at Deloitte have been working from home since April.

Same with United Capital Plc FSDH Asset Management, Investment One.

HR, Finance, Admin etc departments of Unilever are working from home, except the guys in production.

Chapel Hill Denham has been working from home since end of February and I heard they might not resume till next year

emmanuelewumi:


Same with United Capital Plc FSDH Asset Management, Investment One.

HR, Finance, Admin etc departments of Unilever are working from home, except the guys in production.

Please, does anyone have info or link to info about an estimate of the total amount of garri produced/consumed annually in Nigeria? Trying to do some market research for a planned venture

ozymes:
How about capital preservation?

Capital is preserved.

yemibayo:
Chapel Hill Denham has been working from home since end of February and I heard they might not resume till next year

This is not good for rental income and real estate Investments on the island ooo. This working from home may become the new normal.

Grupo:
So are we now agreeing that we call connection here is not the same as what westerners call networking?

Let's say networking is for private sector in naija (in the west, it can be handy in both private and public sector).

But connection is strictly for the public sector in naija.

Networking can never be the same as what we know in Nigeria as "connection"


We know it in our heart of hearts

I see opportunities. Co-working spaces will spring up. I don't mind paying between 15-25k per month with access to fast internet, uninterrupted power and a chance to network with professionals from other fields and firm

emmanuelewumi:


This is not good for rental income and real estate Investments on the island ooo. This working from home may become the new normal.

It is already a model that is increasing. Bank of industry actually have a few partnership with some companies on that.
Many cities have these offices, so you don't worry about generator, internet, and other office logistics.

yemibayo:
I see opportunities. Co-working spaces will spring up. I don't mind paying between 15-25k per month with access to fast internet, uninterrupted power and a chance to network with professionals from other fields and firm

DexterousOne:



Networking can never be the same as what we know in Nigeria as "connection"


We know it in our heart of hearts

My point exactly

The problem with dollar fund or investing in foreign currencies in Nigeria is, whenever FGN default and cannot pay investors their coupon or interest, those holding investments in foreign currencies are often the first casualty. We have seen it happen in many countries.

X21:


Bond fund 12.17% annualized[img][/img]



bond fund returned 12% pa
[img][/img]
capital rate interest
1 60,000.00 12.17% 608.65
2 120,608.65 12.17% 1,223.48
3 181,832.13 12.17% 1,844.54
4 243,676.67 12.17% 2,471.91
5 306,148.58 12.17% 3,105.63
6 369,254.21 12.17% 3,745.79
13,000.00

dollar fund returned 9.2%
3 months 69
1 year 276
capital 3000
rate 9.2%
add exchange diff between march and July of about 30% dollar fund out performed bond fund

emmanuelewumi:


This is not good for rental income and real estate Investments on the island ooo. This working from home may become the new normal.

I have not been to my office in VI since March too.
Being a Tech person, i work remotely, have meeting with business partners from my apartment on the mainland. My salary is consistent as i still deliver my work and the company is still making money.
Infact, i'm thinking of relocating to Cote d'ivoire as recommended by Oga Ahib.

Olaide1295:


I have not been to my office in VI since March too.
Being a Tech person, i work remotely, have meeting with business partners from my apartment on the mainland. My salary is consistent as i still deliver my work and the company is still making money.
Infact, i'm thinking of relocating to Cote d'ivoire as recommended by Oga Ahib.

steady electricty is guaranteed,very diverse population,high purhasing power,Good investment oppurntiies....and babe with big ukwu....

Commercial properties would be more impacted than residential properties. Rents and leases on commercial properties in Ikoyi and Victoria Island are being re-negotiated downwards as we speak.

emmanuelewumi:


This is not good for rental income and real estate Investments on the island ooo. This working from home may become the new normal.

ahiboilandgas:
steady electricty is guaranteed,very diverse population,high purhasing power,Good investment oppurntiies....and babe with big ukwu....

Please what is the meaning of Ukwu?

emmanuelewumi:



Please what is the meaning of Ukwu?

Every man's profit after a good investment

Barrytone:


Every man's profit after a good investment

It should depend on the investment.

Real estate = rental income

Business= Profit

Bond= coupon

Treasury Bills= interest..

Stock = dividend

Sales = commission

emmanuelewumi:


It should depend on the investment.

Real estate = rental income

Business= Profit

Bond= coupon

Treasury Bills= interest..

Stock = dividend

Sales = commission

Ishewu/beer/wine buying investment

corike:
Has anyone has a dealing with MBA forex before I hop in I will like to hear from you guys thanks in anticipation.

Any legitimate forex company should be trading the forex market using a government licensed, regulated, periodically monitored and audited forex broker, and such forex company should be able to show proof about this.

Any legitimate forex company should name and put the name of the government and government regulatory body regulating its preferred broker, used in offering its investment service on its website, with a link to the government regulatory body website or a direction to where the investors can verify about the broker's government licensed and regulatory status, and the investors should also verify that the website is actually the government regulatory body's website, as a scam investment company can go as far as building their own fake government regulatory body's websites, list other brokers to deceive and directs its potential investors there.

Any legitimate forex company should provide an independent/third party audited and verified trading performance track record from websites such as www.fxblue.com, www.myfxbook.com and www.fxstat.com to its investors by placing the verified track records on its website, and the investors must do their due diligence to verify the broker in the track records as a recognized broker.

Note that a trader or an investment company can partner with a broker that will doctor, through their trading server and provide to the trader/investment company a trading performance track record, which they will use to operate their scam schemes. You will see monthly trading performance track record, not knowing that it is doctored through the broker's trading server in favour of the scam investment company, without the actual trading taking place in the real market environment. If the broker used by the forex investment company is not a popular broker, and you can get in touch with the trader/investment company, request that they provide another of their independent/third party trading performance track record from another known/popular broker for you to compare the trading performance track record of both.

You can suggest and get the forex investment company to use your preferred popular broker to run a demo account, if not a live account, using their trading strategy, going forward as long as you feel comfortable, so as to compare the trading performance with their main portfolio trading performance track record, to prove that their trading performance track record is not doctored by the broker, even if it is from an independent/third party website, before investing with them.

A legitimate forex investment company that does not want to exposed the investors to being scammed should allow the investors to open their personal brokerage account and give them the log in details for them to manage the account for the suppose investors. This approach is always very complex to the forex fund managers/investment company in a situation where they are to manage multiple investors account at the same time.

In a situation where the investment company is to manage multiple investors account, which is a certainty, the preferred means of fund management is through a PAMM , LAMM and MAM system of fund management. This puts the deposit/withdrawal control, 100% in the hands of the investors, so that even if the investment company wants to close shop and run away, they can't run away with a dime of investors funds, same with the investors personal brokerage account being traded by the fund manager/investment company.

With all of the above, you should be able to differentiate between a legitimate forex investment company and scam/ponzi scheme.

All these scam/ponzi schemes are actually using the name forex to run their scams. They are using new investors funds to pay old investors in the scheme. Those payouts are not from actual trading. That they are running the schemes without running away yet, does not mean that they are legit.

Any scam/ponzi scheme always launches with a target amount of money they will run away with. The time to shutdown depends on the inflow of funds from investors into the scheme compare to the outflow of funds to payout investors.

The promoters of the scheme might meet their target amount to shutdown and run away with, but choose to increase their target amount to run away with, as they discover that more funds are still coming in, and being rolled over into the scam scheme compared to the payouts to investors.

It will definitely earn in tears, both to the new investors and those rolling over into the scheme, when a decision is made for the scheme to shutdown by the operators. We just pity the marketers of the schemes as they will be roasted by the gullible investors.

DexterousOne:
Wel, well, well

The current discussion is very very interesting


There are opportunities in the west

There are opportunities in Lagos

And there are opportunities in some rural areas.


Most black folks who did not succeed in the west wont have succeeded in Nigeria either


Success is more of function of the person

There are a good number of millionaire nigerians in the diaspora (USD)
Tho they are in the minority

It tells that you can succeed out there too with the right mindset


Here in Nigeria as well


The millionaires are also in the minority

If that weren't the case
Nigeria wont be the headquarters of extreme poverty


I personally am putting plans in place to relocate permanently, as I have had enough of this madness in the country.
No more back and forth

Permanent move.

And I know just as I have achieved some level of success here
I will do same abroad too.

But that's just me


Everyone should know what is best for him or her
And go with it


But the idea that a black man cannot make it in the west is pure bunkum

Millionaire's in naira or dollars?

emmanuelewumi:



Please what is the meaning of Ukwu?

oga na our slangs for people born from 1975 -1985 ....investors wetin this range understand

emmanuelewumi:



Please what is the meaning of Ukwu?

The most beautiful part of the other gender is the reward for social investment

ahiboilandgas:
steady electricty is guaranteed,very diverse population,high purhasing power,Good investment oppurntiies....and babe with big ukwu....

Sir please can you tell us the investment opportunities in Ivory coast? Thank you

And dont you think language will be a big barrier for someone wanting to do business there? These are my thoughts. Thank you

DexterousOne:
And for those saying that nepotism does not exist in the private sector

I just dey laugh una

And it will lead to the death of the business, when people who are not capable are employed to manage the affairs of the company

Good morning all

Fxmanager:
Any legitimate forex company should be trading the forex market using a government licensed, regulated, periodically monitored and audited forex broker, and such forex company should be able to show proof about this.

Any legitimate forex company should name and put the name of the government and government regulatory body regulating its preferred broker, used in offering its investment service on its website, with a link to the government regulatory body website or a direction to where the investors can verify about the broker's government licensed and regulatory status, and the investors should also verify that the website is actually the government regulatory body's website, as a scam investment company can go as far as building their own fake government regulatory body's websites, list other brokers to deceive and directs its potential investors there.

Any legitimate forex company should provide an independent/third party audited and verified trading performance track record from websites such as www.fxblue.com, www.myfxbook.com and www.fxstat.com to its investors by placing the verified track records on its website, and the investors must do their due diligence to verify the broker in the track records as a recognized broker.

Note that a trader or an investment company can partner with a broker that will doctor, through their trading server and provide to the trader/investment company a trading performance track record, which they will use to operate their scam schemes. You will see monthly trading performance track record, not knowing that it is doctored through the broker's trading server in favour of the scam investment company, without the actual trading taking place in the real market environment. If the broker used by the forex investment company is not a popular broker, and you can get in touch with the trader/investment company, request that they provide another of their independent/third party trading performance track record from another known/popular broker for you to compare the trading performance track record of both.

You can suggest and get the forex investment company to use your preferred popular broker to run a demo account, if not a live account, using their trading strategy, going forward as long as you feel comfortable, so as to compare the trading performance with their main portfolio trading performance track record, to prove that their trading performance track record is not doctored by the broker, even if it is from an independent/third party website, before investing with them.

A legitimate forex investment company that does not want to exposed the investors to being scammed should allow the investors to open their personal brokerage account and give them the log in details for them to manage the account for the suppose investors. This approach is always very complex to the forex fund managers/investment company in a situation where they are to manage multiple investors account at the same time.

In a situation where the investment company is to manage multiple investors account, which is a certainty, the preferred means of fund management is through a PAMM , LAMM and MAM system of fund management. This puts the deposit/withdrawal control, 100% in the hands of the investors, so that even if the investment company wants to close shop and run away, they can't run away with a dime of investors funds, same with the investors personal brokerage account being traded by the fund manager/investment company.

With all of the above, you should be able to differentiate between a legitimate forex investment company and scam/ponzi scheme.

All these scam/ponzi schemes are actually using the name forex to run their scams. They are using new investors funds to pay old investors in the scheme. Those payouts are not from actual trading. That they are running the schemes without running away yet, does not mean that they are legit.

Any scam/ponzi scheme always launches with a target amount of money they will run away with. The time to shutdown depends on the inflow of funds from investors into the scheme compare to the outflow of funds to payout investors.

The promoters of the scheme might meet their target amount to shutdown and run away with, but choose to increase their target amount to run away with, as they discover that more funds are still coming in, and being rolled over into the scam scheme compared to the payouts to investors.

It will definitely earn in tears, both to the new investors and those rolling over into the scheme, when a decision is made for the scheme to shutdown by the operators. We just pity the marketers of the schemes as they will be roasted by the gullible investors.

But you are also in this business. Are you trying to say you have all the necessary approvals and certifications from government?

Who is the regulator of forex trading investments in Nigeria?

emmanuelewumi:



And it will lead to the death of the business, when people who are not capable are employed to manage the affairs of the company

Like Diamond Bank plc.......

emmanuelewumi:
Good morning all

Good morning Mr Emma.