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What Has Been Your Biggest Source Of Income In 2024? - Business (6) - Nairaland 203j7

What Has Been Your Biggest Source Of Income In 2024? (35462 Views)

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Ibehchizzy: 7:59pm On Dec 18, 2024
tope777:


=$1,160..that's basically some people forex trading earnings in a day.
yea it’s really bad out here
Willie2015: 8:01pm On Dec 18, 2024
AngelSlay:
Please why should he not go into production. Please explain

U have to get land ..
and other resources....to start up...
Naija environ is not conducive for production base...
2 much issues rangin from Fulani wahala... Farm Robbers.. etc
No2 is that yield is not guaranteed in farming....
No 3 is the chaotic value chain....
U get cheated if you are the lowest level...
For example.. I dont farm grains....corn etc
What I do is to mop it during harvest from
farmers...store it and sell afterwards...
U buy low directly from farmers and sell high afterwards...
U avoid all these stress associated with direct production on the farm..

14 Likes 1 Share

riverbird: 8:04pm On Dec 18, 2024
AngelSlay:
You mean banbiala made you money in 2025?

What a lazy fellow? undecided, instead of bambiala I rather do conductor work
K4daniel: 8:06pm On Dec 18, 2024
Crypto ki ni..biko i will never go there again, all the money I lost in the past is more than enough to call it a useless business endeavour.

PS. It could work for others but for me it's just not a good deal to introduce to people.

9 Likes

riverbird: 8:06pm On Dec 18, 2024
Jerchance:
Nothing big for me jare, but thank Jah nonetheless for life and gift of a child. I'm just hear to be thrilled and motivated by your success stories

May jah widen your success road

8 Likes 1 Share

Aroyjunior(m): 8:06pm On Dec 18, 2024
Ice block

2 Likes

SFSNIPER(m): 8:09pm On Dec 18, 2024
Aruba what's the way forward? I've not won anything tangible this year.
Damilola0147:
This may sound weird but my biggest source has been sport betting . Have made couple of millions this year already.
morikee: 8:10pm On Dec 18, 2024
Crypto
Meerahbel: 8:10pm On Dec 18, 2024
Real Estate Investment Trusts (REITs) in Nigeria offer a unique opportunity for individuals to invest in real estate without directly managing properties. REITs allow people to buy and sell shares in companies that own or finance real estate properties, providing a way to diversify investment portfolios and earn rental income without the hands-on work of being a landlord

Types of REITs in Nigeria:

- Equity REITs: Invest in and own properties, generating income from rents and property sales.
- Mortgage REITs: Invest in and own property mortgages, generating income from interest on the mortgages.
- Hybrid REITs: Combine elements of equity and mortgage REITs, investing in both properties and mortgages .

*Benefits of REITs in Nigeria:

- Liquidity: REIT shares can be easily bought and sold on the Nigerian Stock Exchange.
- Diversification: REITs provide a way to invest in real estate without directly managing properties.
- Stable Income: REITs can provide a regular stream of income through dividend payments.

Challenges Facing REITs in Nigeria:

- Lack of Public Awareness: Many Nigerians are not familiar with REITs and their benefits.
- Difficulties in Processing Land Titles: The process of obtaining land titles in Nigeria can be slow and cumbersome.
- Limited Regulatory Framework: The regulatory framework for REITs in Nigeria is still evolving and may not provide sufficient guidance or .

Despite these challenges, REITs in Nigeria have the potential to provide attractive investment opportunities and contribute to the growth of the country's real estate sector.
Lifemanage:

Example pls...it is real estate investment trusts...which companies offer it

4 Likes 1 Share

Sirchiboy: 8:11pm On Dec 18, 2024
Ibehchizzy:
My salary oo
I earn 1.8m a year sad
That’s basically some ppl salary in a month
Is your company still recruiting let me submit cv

3 Likes

SFSNIPER(m): 8:11pm On Dec 18, 2024
Alia has been regular with salaries. Except it's not a civil service job you're talking about.

Penboy:
NYSC Allowee - 33K
Benue State Govt - 100K (Irregular)
General Hospital - 60K

Not much, but we thank God!

2 Likes

Meerahbel: 8:16pm On Dec 18, 2024
Jokerman:


Sorry please... But why are Nigerian stocks paying little dividends?? Or is it because of the amount of shares someone buys?
Yes.
Babtunz: 8:17pm On Dec 18, 2024
Meerahbel:
Real Estate Investment Trusts (REITs) in Nigeria offer a unique opportunity for individuals to invest in real estate without directly managing properties. REITs allow people to buy and sell shares in companies that own or finance real estate properties, providing a way to diversify investment portfolios and earn rental income without the hands-on work of being a landlord

Types of REITs in Nigeria:

- Equity REITs: Invest in and own properties, generating income from rents and property sales.
- Mortgage REITs: Invest in and own property mortgages, generating income from interest on the mortgages.
- Hybrid REITs: Combine elements of equity and mortgage REITs, investing in both properties and mortgages .

*Benefits of REITs in Nigeria:

- Liquidity: REIT shares can be easily bought and sold on the Nigerian Stock Exchange.
- Diversification: REITs provide a way to invest in real estate without directly managing properties.
- Stable Income: REITs can provide a regular stream of income through dividend payments.

Challenges Facing REITs in Nigeria:

- Lack of Public Awareness: Many Nigerians are not familiar with REITs and their benefits.
- Difficulties in Processing Land Titles: The process of obtaining land titles in Nigeria can be slow and cumbersome.
- Limited Regulatory Framework: The regulatory framework for REITs in Nigeria is still evolving and may not provide sufficient guidance or .

Despite these challenges, REITs in Nigeria have the potential to provide attractive investment opportunities and contribute to the growth of the country's real estate sector.

Thanks for this. Which companies in Nigeria offer these services, please?
socialjustice93: 8:19pm On Dec 18, 2024
SyrusdeHansome:


Mining crypto requires patience, time and data. To start with u must know that some projects will take up to 4 yrs before they get listed on exchanges while some may take months. You must take it as a side hustle.
Well said. Crypto is not a get rich quick scheme. You must prioritize knowledge first and while at it, do airdrops to get your first seeds you can use in investing in crypto that can now earn you good returns.
If you have the funds, don't jump in without prioritizing knowledge first otherwise you will cry.

5 Likes

Pilopher: 8:20pm On Dec 18, 2024
I am quite intrested
SyrusdeHansome:


Mining crypto requires patience, time and data. To start with u must know that some projects will take up to 4 yrs before they get listed on exchanges while some may take months. You must take it as a side hustle.
Meerahbel: 8:20pm On Dec 18, 2024
Quick question: is sport trading same as sport betting?
riverbird:
Sports trading.....the game paid me so much money this year and also made me a landlord too, it can only be God though I have a job but I don't depend on the salary.
Moscodee1990(m): 8:21pm On Dec 18, 2024
SyrusdeHansome:
For me crypto currency mining and investment has been my biggest source of income so far. Though I've lost some money in the process of investing on some projects I've also made great gains. Hoping to make more money from it before January 1st. Tell us yours, maybe someone will learn from ur story.

Modes pls help me push this to fp let us learn from others.
Same here, crypto Na life saver for me this year
More to come 2025 God's willing

1 Like 1 Share

SFSNIPER(m): 8:22pm On Dec 18, 2024
What did you use the 1m for precisely?
I opened my bet365 in 2020 or so and I could fund it with my naira card then. When it stopped, I started using a £ card to fund. My only problem is the fact that withdrawal reflects in 24hrs on this new card.




Sapeleboy911:
As oddly as it sounds mine was value betting. Made a huge bank from bet365 alone. That betting site was like a poverty alleviation program for me. Very safe, easy withdrawal of your funds, out of the world odds, and a very flexible KYC process. I spent over 1m to create bet365 s. Unfortunately, lately, they have become very strict and ruthless with Nigerians and Africans in general. s restrictions and closure are now on a minute basis. 1xbet is also another money spinner but withdrawing your winnings is even more difficult than winning. Honestly, I miss bet365.
Meerahbel: 8:24pm On Dec 18, 2024
Buy ARADEL if you have money on NGX.
Babtunz:


Thanks for this. Which companies in Nigeria offer these services, please?
If you're looking for companies that offer Real Estate Investment Trust (REIT) services in Nigeria, here are some top options:

- UPDC Real Estate Investment Trust (REIT): A close-ended real estate fund listed on the Nigerian Exchange Limited (NGX) and regulated by the Securities and Exchange Commission (SEC). They offer a diversified portfolio of real estate assets in Lagos

- Union Homes REITs is listed on NASD

These companies provide various options for investing in real estate in Nigeria, offering benefits like stable cash distributions, rental income, and potential long-term capital appreciation.

8 Likes 3 Shares

socialjustice93: 8:26pm On Dec 18, 2024
SyrusdeHansome:


Apart from notcoin and dogs I can boldly tell u 99% of telegram projects are scam. Some u will have to invest to be given good amounts of airdrop, some (most) are creations of international scammers. This days if you're not an influencer don't bank ur hope on telegram projects.

The real deal now is DePins and Testnets, but most people are either lazy or don't have a laptop

6 Likes 2 Shares

Meerahbel: 8:26pm On Dec 18, 2024
K4daniel:
Crypto ki ni..biko i will never go there again, all the money I lost in the past is more than enough to call it a useless business endeavour.

PS. It could work for others but for me it's just not a good deal to introduce to people.
First Rule of investment: You learn before you earn.

7 Likes

Meerahbel: 8:29pm On Dec 18, 2024
socialjustice93:


The real deal now is DePins and Testnets, but most people are either lazy or don't have a laptop
Honorable off your mic.

3 Likes

Ekpeitut: 8:29pm On Dec 18, 2024
Deriv

3 Likes

dauntless15(m): 8:30pm On Dec 18, 2024
Surveys and research, atleast 10pounds a day is sure.

3 Likes

SFSNIPER(m): 8:33pm On Dec 18, 2024
What platform?

dauntless15:
Surveys and research, atleast 10pounds a day is sure.

4 Likes

jamafa: 8:39pm On Dec 18, 2024
ecomalchemistt:
Gadgets and accessories business.

Daily income business printing cash daily, if you have funds and import directly , the better.

I have 5000 pcs of BASEUS powerbanks , laptop powerbanks for wholesale and retail....if you are interested in becoming a wholesaler / dropshipper or retailer, reach out.

checkout BASEUS powerbanks business here > > > > > > > > https://nairaland.unblockandhide.com/8163865/baseus-30000mah-15-20w-available

BAVIN Laptop powerbanks Dey move market too > > > > > https://nairaland.unblockandhide.com/8293123/bavin-laptop-powerbank-08148578730#133352107


Quick screenshot of my Konga store shows how much you can make from powerbanks alone if you are well positioned.

That’s a business that can fetch you 20k daily without doing much.

I am interested
Veenbanks(m): 8:43pm On Dec 18, 2024
Synthetic trading. I bless the day for venturing into this industry.

5 Likes 1 Share

Tenshades(m): 8:46pm On Dec 18, 2024
post=133352815:
Publishing Terrible Bad News

It has generated a lot of Money For Mr Blogger

That's Why, We Are King Of BAD NEWS ooooo

With utmost respect, you be weerey!

6 Likes

medolab90(m): 8:52pm On Dec 18, 2024
Meerahbel:
Thank you for your this question.

Risk=Rich
Fear is what is holding many people from reaching the peak.

You can save by either living below your means. However savings CANNOT make you rich.

Let assume you just got a job, you can squat with friends or stay with parents and when you want to get your own apartment go for a single room not a self contained or if you lucky the jobs gives you accommodation (you are to left with only the expanse to feed yourself) With 60k, save 20% that's N20,000 a year would give you 240,000, that's if accommodation is provided but if no accommodation is unavailable you can do 5-10k per month, you can decide to buy a plot of land or invest in crypto, stocks market most especially foreign stocks (because earning in naira is no longer profitable), Treasury bill, or FG savings bonds (5000 to start by the way and you get interest quarterly) Your return can be used to pay monthly bill in the case of FG savings bonds school fees though or professional qualifications exams.

Invest FIRST, then SPEND the rest.

Everything is all about planing, the day you start taking actions and stop complaining or giving excuses you would see the difference.

Another cheat code to wealth is in Real Estate.
For instance, a land I bought for 800,000 in 2015, today that land is worth more than 15 million naira, you can decide to sell and go but an acre some other place. When you buy the acre, you self a plot or two and go to another place buy an acre and RINSE & REPEAT.

I am invested in the following;
1. Crypto
2. Stocks market (both local and foreign) I use trove for foreign stocks, if you interested use the link on my profile to get started we both get free shares.
3. Real Estate
4. Nigerian Treasury Bills
5. FG savings bond
6. REITs (silent money spinner)
7. Remote jobs - By next year I will no longer do 9-5 anymore, I done with onsite jobs
8. My Spa business

No rich person depends on one source of income.

I hope this helps.



Only you


You must be close to being a billionaire

1 Like

Lifemanage: 8:53pm On Dec 18, 2024
Meerahbel:
Real Estate Investment Trusts (REITs) in Nigeria offer a unique opportunity for individuals to invest in real estate without directly managing properties. REITs allow people to buy and sell shares in companies that own or finance real estate properties, providing a way to diversify investment portfolios and earn rental income without the hands-on work of being a landlord

Types of REITs in Nigeria:

- Equity REITs: Invest in and own properties, generating income from rents and property sales.
- Mortgage REITs: Invest in and own property mortgages, generating income from interest on the mortgages.
- Hybrid REITs: Combine elements of equity and mortgage REITs, investing in both properties and mortgages .

*Benefits of REITs in Nigeria:

- Liquidity: REIT shares can be easily bought and sold on the Nigerian Stock Exchange.
- Diversification: REITs provide a way to invest in real estate without directly managing properties.
- Stable Income: REITs can provide a regular stream of income through dividend payments.

Challenges Facing REITs in Nigeria:

- Lack of Public Awareness: Many Nigerians are not familiar with REITs and their benefits.
- Difficulties in Processing Land Titles: The process of obtaining land titles in Nigeria can be slow and cumbersome.
- Limited Regulatory Framework: The regulatory framework for REITs in Nigeria is still evolving and may not provide sufficient guidance or .

Despite these challenges, REITs in Nigeria have the potential to provide attractive investment opportunities and contribute to the growth of the country's real estate sector.
Which companies offer it in nigeria
africanman85: 8:54pm On Dec 18, 2024
Meerahbel:
Thank you for your this question.

Risk=Rich
Fear is what is holding many people from reaching the peak.

You can save by either living below your means. However savings CANNOT make you rich.

Let assume you just got a job, you can squat with friends or stay with parents and when you want to get your own apartment go for a single room not a self contained or if you lucky the jobs gives you accommodation (you are to left with only the expanse to feed yourself) With 60k, save 20% that's N20,000 a year would give you 240,000, that's if accommodation is provided but if no accommodation is unavailable you can do 5-10k per month, you can decide to buy a plot of land or invest in crypto, stocks market most especially foreign stocks (because earning in naira is no longer profitable), Treasury bill, or FG savings bonds (5000 to start by the way and you get interest quarterly) Your return can be used to pay monthly bill in the case of FG savings bonds school fees though or professional qualifications exams.

Invest FIRST, then SPEND the rest.

Everything is all about planing, the day you start taking actions and stop complaining or giving excuses you would see the difference.

Another cheat code to wealth is in Real Estate.
For instance, a land I bought for 800,000 in 2015, today that land is worth more than 15 million naira, you can decide to sell and go but an acre some other place. When you buy the acre, you self a plot or two and go to another place buy an acre and RINSE & REPEAT.

I am invested in the following;
1. Crypto
2. Stocks market (both local and foreign) I use trove for foreign stocks, if you interested use the link on my profile to get started we both get free shares.
3. Real Estate
4. Nigerian Treasury Bills
5. FG savings bond
6. REITs (silent money spinner)
7. Remote jobs - By next year I will no longer do 9-5 anymore, I done with onsite jobs
8. My Spa business

No rich person depends on one source of income.

I hope this helps.
Can u teach me remote job ?

4 Likes

jericco1(m): 8:56pm On Dec 18, 2024
Surveys oo

It’s the only thing that makes sense for me.

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