DexterousOne:


I wont put it exactly the way you put it

Even though you are right

How I would put it, is that America gives you the financial incentive to be fiscally irresponsible
And if you go down that road
You will have yourself to blame

When there is nothing wrong with the tv and game console you bought say 10 months ago
Why do you see the need to buy another one?
Especially as you can barely afford it

Your current iPhone is still very functional
And its not even up to 22 months since it was released
Then all of a sudden you want to ditch that one and get another

Or a lower income person see the need to periodically change his car and get stuck with a $400 car note

Which kind destructive psychology be this ?

I think one of the best things to happen to anybody is when he gets a grip of his finances and consumption patterns.
And live by the motto :
Spend less than you make
And if you cant afford it
Dont buy it

It's a good lesson that takes one far

Do you now see why such are brought to Nigeria as fairly used and people now think they are being bought because of poverty.

TotoNaRubber:
Another one.

FG Plan to borrow $11 Billion early next year, more devaluation loading.

not all are dollars .there is Naira components with is the Majority .....and several roll over of tb and coupons payments ...

ahiboilandgas:
A young Nigerian man has been murdered in the US five months after graduating from Virginia Tech where he studied industrial system engineering.

Alexander Nwogu, 23, had just been hired as a tech consultant with a Northern Virginia firm, Ernst and Young, before he was murdered around 1:30 a.m. at the Shell gas station in the 4900 block of Connecticut Avenue, according to the Metropolitan Police Department.

Officers arrived at the scene after reports of gunfire. D.C. Fire and Emergency Medical Services found Nwogu with a gunshot wound and determined he was dead, the police department said.


A police report said Nwogu suffered blunt trauma to the back of his head and a single gunshot wound to the middle of his back.

According to Virginia Tech, Nwogu graduated in May with a bachelor of science in industrial and systems engineering degree.

“It is a tragic loss of a very promising life,” said Charlie Klauer, an associate professor who advised Nwogu on his senior project in the department of industrial and systems engineering. “I would say that he was a perfect blend of studiousness, seriousness and fun. He knew what he wanted and he was going to go after it and he had direction, for sure. But he also was lighthearted and could be very funny.”

"Never had any negativity about him," Nwogu's friend, Will Ventura, said. "Really positive, really hardworking, and caring. And he had such a bright future ahead of him."

Ventura said they dreamed of opening their own consulting firm together.

In a news conference, DC Police said they are looking for two suspects responsible for the murder of Alexander Nwogu.

The Metropolitan Police Department is also offering a $25,000 reward to anyone who provides information for leads to the arrest of the person or persons responsible for the hom

So sad! May God comfort his family and rest his soul in peace.

.

ahiboilandgas:
not all are dollars .there is Naira components with is the Majority .....and several roll over of tb and coupons payments ...

Sholapey:
So sad! May God comfort his family and rest his soul in peace.

Good day Madam Sholapey. Kindly unquote me (@ 4tunebest).

Thank you in anticipation of your cooperation

9jatriot:
Oga, leave that guy. He is just a low budget trialist masquerading as a financial expert.
Please, if you have any influence to any country, help me beg them to grant him visa, even if na Sudan, he speaks so often of wanting to leave, yet he never go.

You noticed as well, give those types power and they will sell the country.

Are these rates annually or monthly?

Exactly.

Nigsrdumb:


You noticed as well, give those types power and they will sell the country.

XiaoLi:
Most Nigerians live in suffering and smilling mentality!

Better life is relative.
Some people enjoy quiet life why some enjoy owambe life style.
One mans food is another man’s poison. I have what it takes to leave abroad, outside security and road network, I still prefer naija.

ahiboilandgas:
I miss t.b at 15.54 ...... I attempted to rent out some empty flats , several persons show interested strangely when it time to pay they dissapper......only 1 person has paid out of 20 person that show strong interest......

So was I wrong when I told you so??

ahiboilandgas:
The number of disturbing calls from agents to tenates begging or pricing rents like tomatos ....me and not a fan of build to rents

Oh. Is that so? Now you don dey change mouth. I thought you said I was being pessimistic? Na wa o.

emmaversity:

Hi!
am a newbie
Just wondering if you have achieved the bolded?
Thanks inanticipation of your reply?

Guy, most of these forex trading schemes na scam/yahoo yahoo. Take your money and run and don’t look back!

TotoNaRubber:
Another one.

FG Plan to borrow $11 Billion early next year, more devaluation loading.

Can someone tell me what is tribalist about this gentleman's post?

@9jatriot especially

Incips:
Are these rates annually or monthly?

Any rates you see are annualized

Then it get the actual return
You divide proportionately

Like 6 months tenor
You divide the annual rate by 2
And 3 months u divide the annualised rate by 4

Perhaps Ahib change the person he quoted, I think he quoted your response previously.
With that, I will have to adjust that post as it was not tribalist in anyway.

DexterousOne:


Can someone tell me what is tribalist about this gentleman's post?

@9jatriot especially

DexterousOne:


These things happen

Young graduates are killed all the time
Naija or USA

Corpers get killed too sometimes
The cruel world we live in

The kain beef wey African Americans have for African immigrants who are excelling sha.


A brilliant Nairalander Bawomolo, a Nigerian American was also killed about 5 years ago in a similar circumstance

9jatriot:
Perhaps Ahib change the person he quoted, I think he quoted your response previously.
With that, I will have to adjust that post as it was not tribalist in anyway.

Imagine that

So it was even me you were referring to...

You see how biased you have become
Hahahahaha

That said

Pick up the tribalist statement I made from the quote below

DexterousOne:



The financial recklessness of this foolish president of ours will have its repercussions
But most nigerians are either too stupid to care
Or are just damn ignorant of how the futures of their descendants is being given away

Make we dey look...
We would see where this will lead

Maybe some of you who comment here are right
That Nigerians deserve what they are about to get.....
Just maybe

Underline the tribalist statement there
Calling out the buffoon we have as a president does not make me a tribalist
At least it makes me a patriot worried about the direction he is steering the country towards

I did not denigrate the tribe of anyone
Neither am I one to cheer tribalistic politics

So that preconceived notion you have of me, that even made you quote something else in error is not correct

emmanuelewumi:




The kain beef wey African Americans have for African immigrants who are excelling sha.


A brilliant Nairalander Bawomolo, a Nigerian American was also killed about 5 years ago in a similar circumstance

Sometimes these things are robberies gone bad
Some of these black boys (and other boys too ) from broken hones are out there, up to no good

The other day it was one who went to rob a vet at a petrol station
Only to get disarmed and beaten to death

This black boy was only 19

If I had that one post to judge you I would have been very unfair. Antecedents do not hide.
Patriotism you say? Hmmm... that just got a new definition today.

DexterousOne:


Imagine that

So it was even me you were referring to...

You see how biased you have become
Hahahahaha

That said

Pick up the tribalist statement I made from the quote below

Underline the tribalist statement there
Calling out the buffoon we have as a president does not make me a tribalist
At least it makes me a patriot worried about the direction he is steering the country towards

I did not denigrate the tribe of anyone
Neither am I one to cheer tribalistic politics

So that preconceived notion you have of me, that even made you quote something else in error is not correct

9jatriot:
If I had that one post to judge you I would have been very unfair. Antecedents do not hide.
Patriotism you say? Hmmm... that just got a new definition today.

A patriot who is more interested the developed world more than how his own country will develop.
I laugh in western statistics

It's not just me that has noticed it abi.

Nigsrdumb:


A patriot who is more interested the developed world more than how his own country will develop.
I laugh in western statistics

9jatriot:
It's not just me that has noticed it abi.

The irony of it all, you will think there are flying car's in the west, houses built with diamonds, 3 hour working jobs that pay you gazillions.

Make them no go face Nigeria matter.

emmanuelewumi:


This is different from someone who sold about 51% equity in his company for millions of dollars.

That $10 million can be used to start another company, which I can sell at a premium in another 10 years and the cycle will continue

Point of correction. She did not get the USD10m in cash. The PE firm did not buy her shares in the company. They injected cash into the company for its CAPEX and expansion needs (to grow the business). Dilution is what reduced her shares in the company.

She and the PE firm were supposed to make their money at the sale of the company or an IPO.

I believe the reason the PE firm refused to inject the balance of USD8m is that the value and prospects of the company have changed (COVID and all) since they signed the original agreement in 2018. I also believe certain milestones agreed were not achieved by the company.

9jatriot:
If I had that one post to judge you I would have been very unfair. Antecedents do not hide.
Patriotism you say? Hmmm... that just got a new definition today.

Lmao

Nigsrdumb:


A patriot who is more interested the developed world more than how his own country will develop.
I laugh in western statistics

A patriot wants the best for his country

And it's not compulsory for a patriot to be based in his country of origin
I dont think anyone here wants Nigerias downfall (well expect some misguided "Ipob Yoots" as Nairaland will call them )

And that by definition makes me, and most of us here Patriots
Yes indeed there is a lot of foolishness in the country
Yes indeed we have a loose canon in the Aso rock

But I still wish Nigeria the best
And will never commit treason against the country

That's just what you guys should understand

There are over 10 million brits living abroad
Does it mean they are not Patriots?

Nigsrdumb:


The irony of it all, you will think there are flying car's in the west, houses built with diamonds, 3 hour working jobs that pay you gazillions.

Make them no go face Nigeria matter.

Hmmmm.....
Interesting comment you got there.
So to you
It's all about material things.....

Okay.
Ko buru

However
I want you and NgParrot to please answer this question honestly devoid of sentiment

Do you think the current leadership in Nigeria is steering Nigeria the right direction?

DexterousOne:


Hmmmm.....
Interesting comment you got there.
So to you
It's all about material things.....

Okay.
Ko buru

However
I want you and NgParrot to please answer this question honestly devoid of sentiment

Do you think the current leadership in Nigeria is steering Nigeria the right direction?

Any black person who doesn't have a goal to see Africa great ain't an ally.

I know Nigeria has problems, let's divide ourselves into group's and start tackling them.

Most of the problems solved in Europe were done by industrialists and scientists not the president's.

Buhari is 1000 times better than his predecessors, but he's is definitely not doing enough, a lot of the hindrance is coming from those working with him and the useless state governments and yes citizens.

Instead of bothering us with constant Western propaganda, which i know is false ,

Here are your options

Revolt
Elect people who will serve
Disintegrate the country structurally
Tackle persistent issues using community standards

Sick of the constant complaining without actions.

DexterousOne:



Huh?


Hahahahahahahaha


In a country that only 2% of account holders have more than 500k inside ?
Hahahahahahahaha

Since 2017, I have never kept above 100k in my account, I have multiple of such account across many banks, first bank alone I have dorm, savings and current, I run account for my four kids and one for my wife, I use them for my nature of biz, several hundred of millions in investment houses etc, so that statistics might be right but not accurate, let them use bvn and tell us again that all the business men moving money on daily basis don't have 500k and above in account and they don't make 2% of our population. Not even talking of politicians that bury money underground.

I have seen both climes and I choose nigeria over any unfavorable climate. Spent 10 days in UK 2016 and left the house about thrice, did I pay my way to be watching TV indoors. The weather was bleeped and everybody remained indoors, had to run back because of boredom.

Nigsrdumb:


Any black person who doesn't have a goal to see Africa great ain't an ally.

I know Nigeria has problems, let's divide ourselves into group's and start tackling them.

Most of the problems solved in Europe were done by industrialists and scientists not the president's.

Buhari is 1000 times better than his predecessors, but he's is definitely not doing enough, a lot of the hindrance is coming from those working with him and the useless state governments and yes citizens.

Instead of bothering us with constant Western propaganda, which i know is false ,

Here are your options

Revolt
Elect people who will serve
Disintegrate the country structurally
Tackle persistent issues using community standards

Sick of the constant complaining without actions.

Most Nigerians are quick to blame the President without focusing on their LGA Chairman, State Governor, House of Reps member and Senator. They want the President to come down from Aso Rock to fix their LGA roads and Primary schools despite the federal allocation given to the LGA. Check out how much a state like Delta state or Bayelsa state has collected as FAAC with nothing to show for it but their people will continue to attribute their plight to the President. Second base jare.

RayRay06677:


Since 2017, I have never kept above 100k in my account, I have multiple of such account across many banks, first bank alone I have dorm, savings and current, I run account for my four kids and one for my wife, I use them for my nature of biz, several hundred of millions in investment houses etc, so that statistics might be right but not accurate, let them use bvn and tell us again that all the business men moving money on daily basis don't have 500k and above in account and they don't make 2% of our population. Not even talking of politicians that bury money underground.

I have seen both climes and I choose nigeria over any unfavorable climate. Spent 10 days in UK 2016 and left the house about thrice, did I pay my way to be watching TV indoors. The weather was bleeped and everybody remained indoors, had to run back because of boredom.

Actually there are reasons why one should think against settling elsewhere sha
Abroad is not for everybody
Different countries with different headaches

That said
Let us for argument sakes agree that you are right

I can bet my left toe that not up to 10% of people living in Nigeria (let's say 20m people ) can boast of N500k liquid

Lets assume the margin of error is 500%

I'm happy that you have found what works for you
And you are happy about it.

I wish to be in your shoes one day (the happiness part actually)
Until I get myself to live that expat life without hassles
There will be that missing part to me

Cheers Chief

Lazyyouth4u:

Point of correction. She did not get the USD10m in cash. The PE firm did not buy her shares in the company. They injected cash into the company for its CAPEX and expansion needs (to grow the business). Dilution is what reduced her shares in the company.

She and the PE firm were supposed to make their money at the sale of the company or an IPO.

I believe the reason the PE firm refused to inject the balance of USD8m is that the value and prospects of the company have changed (COVID and all) since they signed the original agreement in 2018. I also believe certain milestones agreed were not achieved by the company.

She initially owned 100% of the company and later transferred 95% to a special purpose vehicle. Where she and the PE investors owned 45% : 55%.

When that is prorated in additional to her fully owned 5%. That is what reduced her direct and indirect holdings to 48%

NL1960:


Most Nigerians are quick to blame the President without focusing on their LGA Chairman, State Governor, House of Reps member and Senator. They want the President to come down from Aso Rock to fix their LGA roads and Primary schools despite the federal allocation given to the LGA. Check out how much a state like Delta state or Bayelsa state has collected as FAAC with nothing to show for it but their people will continue to attribute their plight to the President. Second base jare.

While you are right
And the lower tier deserves blame

I hope you will agree with me that the blame on the president is not 100% out of place

Because the current structure of this country vests enormous power in Aso Rock to the detriment of the component units