Becoming a billionaire NOW

12/11/2022

https://www.intelregion.com/news/26-year-old-nigerian-breaks-record-becomes-first-youngest-black-woman-to-raise-n4-4bn-10m-as-an-entrepreneur/

A 26-year-old Nigerian has becomes first youngest black woman to raise N4.4bn ($10m) as an entrepreneur.

27/10/2022

Reasons Why Indians Are Preferred as Managers

08/08/2022

Very funny, but it's a fact.....

Nursery- 2yrs
Primary- 6yrs
Secondary- 6yrs
Jamb- 1yr
University- 5yrs
NYSC- 1yr
U finally get a job of 300k and work for 30yrs= 108 million naira.
And Neymar is earning 35 million naira daily...
Hence, Neymar's 4 days salary is higher than your lifetime salary.
After they will say education is the key....
Abeg if education is the key, then football is the master key!!!🙄
I swear
.. Copied

22/07/2022

RULES TO TEACH YOUR SON👇🏿
1. Never shake a man’s hand sitting down.
2. Don’t enter a pool by the stairs.
3. The man at the BBQ Grill is the closest thing to a king.
4. In a negotiation, never make the first offer.
5. Request the late check-out.
6. When entrusted with a secret, keep it.
7. Hold your heroes to a higher standard.
8. Return a borrowed car with a full tank of gas.
9. Play with passion or don’t play at all…
10. When shaking hands, grip firmly and look them in the eye.
11. Don’t let a wishbone grow where a backbone should be.
12. If you need music on the beach, you’re missing the point.
13. Carry two handkerchiefs. The one in your back pocket is for you. The one in your breast pocket is for her.
14. You marry the girl, you marry her family.
15. Be like a duck. Remain calm on the surface and paddle like crazy underneath.
16. Experience the serenity of traveling alone.
17. Never be afraid to ask out the best looking girl in the room.
18. Never turn down a breath mint.
19. A sport coat is worth 1000 words.
20. Try writing your own eulogy. Never stop revising.
21. Thank a veteran. Then make it up to him.
22. Eat lunch with the new kid.
23. After writing an angry email, read it carefully. Then delete it.
24. Ask your mom to play. She won’t let you win.
25. Manners maketh the man.
26. Give credit. Take the blame.
27. Stand up to Bullies. Protect those bullied.
28. Write down your dreams.
29. Take time to snuggle your pets, they love you so much and are always happy to see you.
30. Be confident and humble at the same time.
31. If ever in doubt, remember whose son you are and REFUSE to just be ordinary!
32. In all things lead by example not explanation.
33. Dress how you want to be addressed
34. Be blessed by being a blessing.
.. Copied

11/12/2021

*Put a frog into a vessel fill with water and start heating the water.*

*As the temperature of the water begins to rise, the frog adjust its body temperature accordingly.*

*The frog keeps adjusting its body temperature with the increasing temperature of the water.*

*Just when the water is about to reach boiling point, the frog cannot adjust anymore. At this point the frog decides to jump out.*

*The frog tries to jump but it is unable to do so because it has lost all its strength in adjusting with the rising water temperature. Very soon the frog dies.*

*What killed the frog?*

*Think about it…!!*

*I know many of us will say the boiling water.*

*But the truth about what killed the frog was its own inability to decide when to jump out.*

*This is how majority of salary earners live their lives*

*Their salary is not always enough to cater for their needs and are unable to fulfill many of their dreams.*

*They continue to adjust until they get retired.*

*After retirement, they come to realize there is urgent need to have a very viable business that will keep them out of financial mess*

*They try to start their journey to financial freedom, but no more energy to undergo it*

*They have traded their active years for peanut called salary*

We all need to adjust with situations, but we need to be sure when we need to adjust and when we need to move on.*

So let's start to think of Investments and Entrepreneur Ventures
.. Copied

20/11/2021

How the rich make budgets.

Rich
-Needs: 25%
-Caprices: 10%
-Investment: 65%

MIDDLE CLASS
-Needs: 40%
-Caprices: 55%
-Investment: 5%

Even if you are not rich today, you can do much more to have more wealth tomorrow.

17/11/2021

Why Naira is gaining against US dollar at the black market

Naira strengthened against the US dollar last week to a 2-month high of N535/$1 at the black market, thereby reducing the gap between the parallel and the official rates; an uptick that was driven by a significant drop in demand for FX at the black market.

Nairametrics reported that the exchange rate, which had hovered around N570 to N572 to a dollar since September, gained over 600 basis points to N535/$1 in the early hours of Thursday, last week as BDC operators hinged it to improved forex liquidity and decrease in demand. It currently trades between N545-N550 at the black market depending on who you buy from.

Meanwhile, the gain at the black market has been attributed to a couple of factors, ranging from crude oil rally, boost in external reserves, increased corporate loans from the international debt market, workers remittances amongst others.

Foreign loans drive foreign exchange gain

A major boost in the country’s forex reserve via the $4 billion Eurobond raised in September has served as a significant buffer for the apex bank to continue intervening in the official forex market.

Since Nigeria secured the $4 billion Eurobond on September 22nd, a sum of $6.59 billion has been traded on the floor of the I&E window. This is a significant increase compared to $5.62 billion traded in the 36 days preceding the fundraise, implying more funds injected into the market.

As a result of the Eurobond inflow and $3.35 billion direct allocations, approved by the International Monetary Fund (IMF), Nigeria’s reserve recorded a boost of $5.05 billion in October, following a $2.76 billion gain recorded in the prior month. The nation’s foreign exchange reserve is now well above the $40 billion threshold.

The newspaper also reported that:

Similarly, just as Nigeria moved to the international debt market for funds, Nigerian corporates also raised notable debt fundings from the international market as well. Fidelity Bank, a tier-2 bank, in October, successfully raised $400 million through its 5-year Eurobond issuance.

Another major company in the country with a recent successful Eurobond issuance is Access Bank, after raising $500 million unsecured Eurobond from major global investors from the United States and Europe, amongst others.

These corporate Eurobond issuances indicate more forex liquidity in the country and reduced demand for FX from the parallel market. It is also worth noting that, some Nigerians have stashed dollars during the decline four months ago when the CBN placed a ban on the sales of forex to BDC operators in the country

Crude oil rally boosts forex earnings

In the same vein, the impact of the recent crude oil rally on Nigeria’s exchange rate cannot be overemphasised, after gaining over 60% year-to-date, trading at record highs as the Organization of Petroleum Exporting Countries, kept a tight leash on crude supply in the market, which ensured a positive movement in the prices of crude oil.

Crude oil export accounts for about 90% of Nigeria’s forex earnings, hence any movement in the global price of crude oil will also affect the supply of foreign exchange in the country.



Other factors contributing to the recent gains in the parallel market include the rise in P2P transfers with increased crypto adoption in Nigeria. According to a report by Binance, the largest cryptocurrency platform by trading volume in the world, Nigeria is leading the charge as the #1 country leading cryptocurrency adoption.



Nigerian youths and investing minds are now moving into crypto investments and blockchain technology to hedge against inflation in the country, with headline inflation still very much in double figures.

The increased appetite for (foreign) remote working jobs has also helped in increasing FX liquidity in the country.

The number of Nigerians working for foreign firms and earning dollars as freelancers has increased in recent times, as it is an opportunity for Nigerians to hedge against inflationary pressure with their multiple streams of income.

A cursory look at the balance of payment figures from the Central Bank of Nigeria shows that workers remittances into Nigeria increased to its highest level in five quarters, in Q2 2021. Specifically, workers remittances improved from $4.29 billion recorded in Q2 2020 to $4.91 billion in Q2 2021.

Source:

Why Naira is gaining against US dollar at the black market 

19/11/2019

*ALUMNI WITHOUT INVESTMENT*
There are Two (2) sides to the Laws of finance:
1} LAW OF POVERTY.
2} LAW OF WEALTH.

*1} LAW OF POVERTY:*
This law states that work alone or work under someone and the chances of becoming wealthy will be relatively LIMITED! 95% of people in the world are living under this law.

The people under this law make use of their credentials, they seek for job, they have someone called boss, they receive salary which is fixed amount.

*S.A.L.A.R.Y*
S= Small
A= Amount
L= Limiting
A= And
R= Restricting
Y= You

These people are called the working class. They always look for job.

*J.O.B*
J= Just
O= Over
B= Broke

*2} LAW OF WEALTH:*
This law states that work with a team or group of people and remain wealthy forever, it is just 5% of people in the world that are living under this law.

The people under this law make use of their potentials, and they are called the thinking class, they think of what to offer to the society and in turn make money. These people they earn their money which is income and it is not a fixed amount. These people are called the thinking class.

_The difference between these laws is that the people under the_ *LAW OF POVERTY* _don't make use of opportunity.. while those under the_ *LAW OF WEALTH* _make use of any opportunity that comes their way. The wealthy ones make use of *User Name(s) & Password(s)* and also *Partnership,* they have what is called big dreams that the poor don't have._

*REMEMBER THESE TODAY*
👇🏼👇🏼👇🏼👇🏼

Money does not respond to qualifications
Otherwise the wealthiest people should have been *Ph.D holders.*

Money does not respond to age
Otherwise the world's oldest twins would have been the *richest.*

‍ It is not about your *degree*
It is all about what you do after the *degree.*

‍Have you noticed that the 1st class degree holders are not the *Richest*
Neither are the *3rd class degree holders the poorest.*

There is more to being wealthy than education.

The most important thing is *YOUR Mindset* 👌 And the next important thing is a *Commitment to self DISCIPLINE.*

The only person holding your key to success is *YOU.*

The secrets to success is for you to be willing to pay the price but the challenge is that very few are ready and willing to pay the price to succeed.

While some are partying and gisting, others are learning, planning and earning.

Don't sit down and complain about where you are, it won't change anything.

If you must see changes, the person that must change is *YOU*.

Be assured...
*YOU HAVE ALL IT TAKES TO Succeed,*
Learn to invest the little you have and get a mentor to teach you how to grow your money.

*REMEMBER...*
There are two kinds of pain:
*PAIN OF REGRET*
*PAIN OF SUCCESS*

God bless you as you make the right decision by taking a bold step today. Good luck!
.. Copied