Get Rich from this "Slow" venture Business

Snail 

Many countries like united state and United Kingdom have embraced the Agribusiness Called "Snail Farming" because of it's demand from customers that due place the other in supermarkets and Stores.

The number of people practicing Snail farming in Nigeria Is large including some other countries of Africa like Ghana and Kenya.  Not setting a Standard Margin of the demand, Snail farming is still in High Demand because Farmers Don't come up with High Margin that will settle All That are In need of it in Nigeria.

Snail Cooking is an everyday Routine for some Homes in Nigeria, it is use in party Meals and Events.

Despite this large demand for edible snails, many people stay away from the trade. They’d rather only choose to purchase the snails in markets, while they focus on other agribusiness endeavours. A large reason for this is the great misconception that snail farming in Nigeria or anywhere else in Africa can only be done by handpicking the snails in vegetative environment (usually bushes). This reasoning generally places the idea of snail farming as one only done in the rainy seasons, and is majorly carried out in the villages.

Based on Research, the business , Snail farming is really a Slow venture Business that can make one a a millionaire Just in a space of 1-2 Years, not minding if you're rearing the Snail at Home, Even undergraduate can Grab the wonderful Farming that Request No heat or Hole.

Undergraduate can make it part of they work and grab financial Independency for Life, You can also make it to become part of your Investment..Meanwhile it is not time wasting.

One problem with Many Nigerians is that they Need quick money, but know that this business is no for everybody especially people that want to turn a Millionaire Overnight.

SNAIL FARMING VENTURE

Snail

Snails are slow but would give you fast profit, snails are invertebrates(without bone), snails have shells, are passive or inactive during the day but very active in the night, at dusk or after rainfall. 

There is a master escapist but there are delicious when well-cooked garnished with all the sauce. 

Snail production was given little or no attention in the past but in recent times, there are growing interests in snail rearing due to human attempts in domesticating & commercializing them. 

In West Africa countries, particularly Nigeria, Republic of Benin, Ghana, snail is considered a delicacy. 

WHY SNAIL PRODUCTION VENTURE?

Why snail production venture you may ask, 

1- Snail rearing is a good source of income & capital for starting is relatively low compared to other livestock ventures. 

2 - Snail farming doesn't constitute any nuisance to the environment, 'the droppings are generally firm, odorless, easily cleared & cleaned. 

3 - Snail is noiseless, easy to handle & not aggressive. Snail meat is a good source of animal protein of high biological value, the protein content range between 16-18% (Awesu, 1980; Omole, 1998).

4 - The low-fat content makes snail meat a good source of meat for health-conscious individuals.

5 - Snail farming could be combined with other ventures/businesses, the feeds are cheap & readily easily sourced. 

6 - Snail are prolific breeders, snails can lay 150- 450eggs per clutch.

7 - Calcium and iron from snail meat contribute immensely to the building of good bones especially for young infants.

8 - A mixture of snail bluish fluid found when the snail shell is broken from the rear mixed with palm kernel oil in equal parts reduces the severity of stroke or severe headache when on the affected part of the body.

9 - The shell could be used for ornamental purposes.

10 - The shell could be used to replace bone meals for livestock farming.

Snails have been fetching me cool slow cash within the period I started this venture, it is a low capital entry kind of ventures and even your kids can pick up one or two skills from your snail farming endeavors. 

For further questions on how to make your cool "slow" millions meet me in the comment sections, I would be answering questions on 

1 - Common breeds of snail

2 - Site for rearing of snails

3 - Type of snail housing 

4 - Feeds & feeding of snails 

5 - And any other snail rearing related questions 

Man Counting Dollars / torixus

Financial Freedom is assured In a free-market economy, for anyone that want to make it Big. 

Even as a snail Farmer, you shoul have some basic Skills to make you to be financially independence and will Keep you Going.

In other to assist you reach the financial Goal we've listed out 5 pieces of advice from some people who became Millionaires before clocking 30.

The below list is not a prove that you will be a Millionaire if you follow them, But Following the process is not bad at all.

1. Focus on earning.

2. Develop multiple streams of income.

3. Save to invest, don't save to save.

Writes Cardone

4. Be decisive

5. Don't show off; show up.

6. Change your mindset about money.

Lagos hosts the 33rd edition of the Lagos International Fair

 

The Lagos Chamber of Commerce and Industry (LCCI), the main chamber of commerce and main voice of the organized private sector (PAHO) in Nigeria, launched the 33rd edition of the Lagos International Fair on the theme: Connecting Business, create value companies

The opening ceremony took place on Friday, November 1, 2019 at 10:00 in Tafawa Balewa Square, Onikan, Lagos. While the closing ceremony is scheduled Sunday, November 10, 2019 at the same place at 15h. The trade show will last a total of ten (10) days at TBS.

Muda Yusuf, General Manager of the Lagos Chamber of Commerce and Industry (LCCI), said: "In addition to the general interest fair, the annual International Business Event will also feature Business-2-Business meetings at the same time as the fair. While Thursday, November 7, 2019 will be the celebration of Africa Day at the same place at 10 o'clock. This year's goal is to encourage intra-African trade and position Africa as the next emerging economic power among other continents in the world. "

Yusuf added: "The exhibition will also facilitate networking between exhibitors and between exhibitors and visitors. The fair is expected to attract a large number of visitors seeking to take advantage of networking opportunities and reduced prices. Companies, including multinational corporations, conglomerates and Aboriginal financial institutions, as well as SMEs, have expressed interest in participating in the exhibition. Exhibitors expected at the fair include companies from China, Japan, Ghana, Egypt, the Republic of Benin, Cameroon, Russia, the United States, Pakistan and some countries of the European Union .

Yusuf also stressed that relevant government agencies and departments will be available to exhibit and serve other exhibitors and visitors. He indicated that the agencies that confirmed their assistance in information and education of exhibitors and visitors are the Bank of Industry (BOI), the Nigeria Export Promotion Council (NEPC), the Federal Institute of Research, Oshodi (FIIRO), NAFDAC, Corporate Affairs Committee, among others.

Yusuf said, "So far, the excitement that has generated the show has been phenomenal and we are very pleased with our strategic partnership with United Bank for Africa, Airtel Nigeria, the African Export and Import Bank, the Nigerian Export Bank, Max NG and FAE Limited ".

Two million new subscribers channel to Globacom within a month

Globacom, the national telecommunications operator, has become the preferred network of 2 million new subscribers in Nigeria in September, the largest in the sector, according to the latest statistics released by the Nigerian Communications Commission (NCC).

In the September 2019 report, Globacom added a record number of 1,945,846 new subscribers. With this addition, the company's subscriber base increased from 47,265,628 in August to 49,211,474, the second largest number of customers in the industry.



Airtel, which was short in the industry's second position, now has 48,909,678 subscribers at the end of September, after adding 987,787 new customers, representing 50% of Globacom's new constitution during the reporting period. . . Its figure at the end of the previous August was 47,921,891. It is now the third largest operator in the country.



NCC statistics showed that only Globacom and Airtel added new subscribers to their networks, as MTN and 9mobile experienced a decrease in the number of active subscriptions during the month.



According to telecom sources, Globacom's record performance in September was driven by improved service delivery after continuous updating of its infrastructure.



Although MTN remained the leading mobile operator in Nigeria, it lost 379,795 subscribers in the month under review. This reduced its total subscriptions to 65,328,104 out of the 65,707,899 registered in August.



The fourth mobile operator, 9mobile, lost 268,159 subscribers in September, from 15,602,255 in August to 15,334,096 in September.



According to the regulator of the sector, the number of active mobile users in the country rose from 176.6 million in August to 178.9 million in September.

For example, the country's teledensity, which measures the number of active telephone connections per 100 inhabitants living in the same region, also increased to 93.8%.

The Nigerian government will open the borders next Year January

President Muhammadu Buhari approved the extension of Joint Border Operations under the code name Exercise Rapid Response, resulting in the total closure of land borders across the country.

The land borders are expected to reopen on January 31, 2020, erasing the hopes of West African entrepreneurs, optimistic that the Nigerian government could end the military exercise before Christmas.

In a circular dated 1 November 2019 (NCS / ENF / ABJ / 221 / S.45) and signed by the customs controller in charge of the application, Victor David Dimka, to the sector coordinators, Simulation of Border Operations at the Border. sectors 1, 2, 3 and 4, as part of a rapid intervention exercise, asked them to take note of the new development and to comply accordingly.

Jeff Bezos regains the title of richest man in the world,

The founder and CEO of Amazon, Jeff Bezos, claimed the title of the richest man in the world hours after losing his seat to Microsoft co-founder Bill Gates.

Bezos, who ended his 24-year career as the richest man in the world in 2018 and became the first man on earth with a net worth of $ 160 billion, lost his place on Thursday, October 24 , after the poor results of the third quarter of Amazon, which earned him losing $ 7 billion of shares. Amazon shares fell 7% in off-calendar operations.


He returned to first place at the end of Friday's markets. Its shares fell by only 1% to $ 1,760.78, placing its net worth at $ 109.9 billion. Bill Gates currently has a value of $ 105.8 billion.


Bezos' brief slip Thursday was not entirely due to the fall of his shares in Amazon, as he would never have lost first place if his ex-wife, MacKenzie Bezos and himself had not divorced.


MacKenzie, 49, received a quarter of his property from Amazon in July. With a net worth of $ 32.7 billion, it is one of the 20 richest people in the world.

Airtel Joins MTN to charge N5 for every 20 seconds spent using bank USSD

The Airtel Nigeria has Said it's company to Bill it's users N5 for every 20 seconds spent while carrying out a USSD bank transaction.

It is just after the Nigerian Communications Commission (NCC) stopped MTN Nigeria Communication Plc from charging customers N4 for USSD transactions.


Torixus Media have previously posted on  Monday that the body of Nigerian Bank Chief Executive Officers, CEOs, also dismissed claims from MTN that banks requested that customers should be charged for USSD transactions.

MTN had sent a message to its mobile customers that with effect from October 21, 2019, N4 will be charged on every 20 seconds spent while using USSD access to banking services.

“Yello, Please note that from Oct 21, we will charge N4 per 20 seconds for USSD access to banking services. Thank you,” the message had read.


However, our correspondent confirmed that Airtel Nigeria has hitherto been charging its customers for using bank USSDs.

It was learnt that Airtel had on Wednesday billed a customer (name withheld) N15 for carrying out a transaction using the Wema Bank *945#.

Contacted, an Airtel customer care agent, told our correspondent in a message that the organisation charges N5 for every 20 second spent using USSD.


The customer care agent, who identified herself simply as Tope said, “Dear customer, please be informed that on the (Airtel) network, you will be billed N5 for every 20 seconds spent while carrying out an USSD bank transaction. Thank you.”

Dangote's Commercial Cement Leads as Trading Rate Rises 290%

Strong speculation on Dangote Cement Plc shares has recently increased the volume and value of stock market trading despite continued bearish dominance. Trading volume and value increased by 49.5% and 290%, respectively, to reach 363.2 million shares valued at 19 billion naira. Dangote Cement Plc has estimated at 114.7 million the number of shares N16.6 billion.

Despite the high market turnaround, the All-Share index of the Nigerian stock market fell by 0.06% to 26,583.75, while market capitalization rose close to 12.9 billion naira.

The market remained bearish as investors entered a cautious bargain pending a stimulus and corporate earnings report for the third quarter. To date, the market has decreased by 15.4%.

In total, 15 stocks lost value yesterday, while only eight were appreciated. WAPIC Insurance Plc was the biggest loser with 8.5%, followed by Linkage Assurance Plc with 7.8%. Custodian Investment Plc lost 5.8%, while Honeywell Flour Mills Plc and Royal Exchange Plc fell 5.0% and 4.7% respectively. Cutix Plc and Ecobank Transnational Incorporated depreciated to 3.21% and 2.6% in that order.

Fidson Healthcare Plc, which recently paid a dividend of 15 kobos per share to shareholders, was also among those who lost prices, down 1.3%. The chairman of the company, Segundo Adebanji, told the shareholders that the company will continue to strengthen its facilities in terms of fashion and processing.

He said that thanks to capital injections, business realignment and useful industrial alliances / collaborations, the board and management are ready to reposition the company to take advantage of market growth opportunities. .

He also said that the company's capital structure had drawn attention to how to reduce the level of indebtedness because they thought it would have a positive impact on the profitability of the company, because the future remains bright .

"We are currently developing the use of our capabilities by increasing production and outsourcing for other notable companies in the industry," said Adebanji.

Learn Africa Plc won 9.8%, followed by Livestock Feeds Plc with 9.3%. United Capital Plc earned 7.5%, while Associated Bus Company Plc earned 5.2%.

Wema Bank Plc and FBN Holdings Plc gained 3.4% and 0.9% respectively.

Facebook Libra: Mastercard, Visa and Ebay Join the Crypto Paypal Departures

Facebook's efforts to create cryptocurrency were hit on Friday after several key partners, including MasterCard, Visa, eBay, Paypal, Stripe and Mercado Pago, abandoned the project, the first company to abandon it was paypal. The defections followed fierce criticism from global regulators and lawmakers and led some industry observers to question whether the Balance program could survive.

The news comes days before the Libra Association, the group that will oversee the digital currency, prepares to summon its members and asks them to sign a constitution. The meeting is scheduled for Monday in Geneva. A spokeswoman for the Libra Association said Friday that the meeting would be held as planned and that it would announce the first list of official partners once the official letter was signed.

In a statement, the spokeswoman said the group "is committed to moving forward and building a strong partnership" while working to create a "safe, transparent and user-friendly implementation of 'a global payment system that collapses' financial barriers for billions of people'.

When Facebook launched its plans for Libra in June, an essential part of its launch was supported by key players in the payments and technology sector. Cryptocurrency would be performed outside of Geneva by the organizations that make up the Libra Association, not just Facebook. But now that this alliance seems to be eroding, the future of the project is uncertain.

"I do not think Facebook can do it itself," Wedbush Securities analyst Michael Pachter told Bloomberg TV. "Unless a big bank intervenes like JP Morgan, I do not think that can happen."

In a tweet Friday, David Marcus, the Facebook executive who led the effort, said the departure of six partners would not affect the effort. "I do not advise you to read the fate of Libra in this update," he writes. "A change of this magnitude is difficult. You know that you are in something when so much pressure is created. "

Whether Libra implodes or not, the outings highlight the extreme challenges that await the project and, if successful, could have a radical impact on the global financial system. "It's very possible that this will fail completely," said Lisa Ellis, an analyst at MoffettNathanson. Even if he survives, progress will take much longer and "may become somewhat obscure," he added.

Facebook has faced a violent reaction since the company announced plans for Libra. Politicians and regulators around the world have asked Facebook to stop its progress, and some have suggested that Libra could be used for money laundering or money laundering projects.

Despite the control of officials and the exodus of partners, Facebook remains attached to Libra, according to a person familiar with the case that would have asked not to be identified because it was not allowed to speak in public. Some people within the company believe that defections are partly caused by established payment providers who care about a new entrant who invades their territory, said the person.

In the months following its announcement, Facebook frequently found itself in the limelight of cryptocurrency. Marcus went to Washington in July to testify before Congress about Facebook's plans. Later this month, Executive Director Mark Zuckerberg is scheduled to appear before the House Financial Services Committee to answer more questions about Libra.

Multi-million dollar Greenhouse Farm set up by Dangote egins operations

The multi-million dollar high-tech greenhouse set up by Dangote Farms Limited to stimulate the growing of high quality tomatoes in the country began its total production in the commercial city of Kano.

Dangota

This fully automated farm is the first of its kind in West Africa and is expected to transform the economy of local tomato growers, with the technology to increase its current crop from 10 tonnes to 40 tonnes. .

Abdulkarim Kaita, chief executive of Dangote Tomatoes Processing Company Limited, confirmed this on Thursday during a visit to the senior management office of the Kano office of the Central Bank of Nigeria.

Speaking to BusinessDay on the sidelines of the visit, Kaita revealed that her company's new investment on the farm was motivated by a desire to help Nigeria stop the $ 350 million spent on tomato imports. fresh and processed. Annually

He added that his company has so far injected more than $ 3 billion into the development of the farm. Over the next three weeks, it will supply high-quality tomato plants to tomato producers in the 12 states of the Federation where the highly-grown product

"The administration of Dangote Farms, a subsidiary of Dangote Tomatoes Processing Company Limited, is pleased to report our considerable efforts to make Nigeria self-sufficient in tomato production.

"The planting medium you see is called PAT MOOSE, which has the capacity to produce 350 million seedlings per season and can be used to plant about 12,000 hectares of tomatoes.

"We are pleased to announce that we are the first to introduce this new technology into the country, which will greatly accelerate the performance of our tomato growers.

"The project is being executed as part of the CBN program Tomato Anchorage Provider. CBN will pay for the plants we grow and will be distributed to farmers.

"The PAT MOOSE process you see takes 3 weeks, after which it goes to the next step, and the entire process of growing tomatoes takes only three months," he explained.

To provide more information on the value added that Greenhouse Farm would provide, Kaita said the introduction of the technology would end post-harvest losses and increase the volume of the crop.

In the same vein, he added that the introduction of technology would lead to an expansion of product production beyond the 2.5 million tonnes of current consumer demand.

"According to the GEMS project study, Nigeria has 171,000 hectares of land for tomato production, and if this is multiplied by more than 40 tons, this technology is capable of producing per hectare, this means that we can increase our production to about 8 million piles.

"In the next two years, if the government bans the import of commodities, as was the case for rice, Nigeria will soon become a net exporter of this product.

WhatsApp will stop working on these phones from February 2020

WhatsApp is an application that works on all platforms. In fact, even phones with affordable features are compatible with the app. But from time to time, WhatsApp searches for a list of old phones for which support is suspended and if you have an old phone as a backup, you can continue reading.

The popular email application terminates support for several older operating systems, which means that users will not be able to create new accounts or re-check existing accounts on multiple old phones. WhatsApp in a message on its Frequently Asked Questions page now mentions that users of Android phones versions 2.3.7 and earlier, as well as iPhone with iOS 7 and earlier, will no longer be compatible as of February 1, 2020.

This update should not affect you unless you use an older iPhone or Android phone as a backup copy of the worst case. But this is how WhatsApp suggests not to support old phones forever.


According to a tweet published by WABetainfo, WhatsApp will not support devices running on iOS8. However, users can still use WhatsApp in iOS 8, but they will not be able to check the account if they reinstall it.



WhatsApp has regularly added new features and some of them require powerful phones and newer versions of Android and iOS to work properly. Features such as video embedded in discussions, fingerprint authentication, etc. they require a lot of resources and powerful phones with enough RAM and a newer operating system. WhatsApp said that some phones would not be able to support the function it was planning to offer in the future. That's why he ends their care.

"We will no longer actively develop these operating systems, and some features may stop working at any time.If you are currently using an older operating system, we recommend upgrading to a newer version ...", declared WhatsApp on its support page.

CBN Bans Banks from Dealing in Virtual Currencies and Bitcoins

The Central Bank of Nigeria, CBN has banned banks from all transactions in virtual currencies.

The ban was issued Tuesday by the director of the department of financial policy and regulation, CBN, Kelvin Amugo, who said that this was necessitated by the inherent money laundering and terrorist financing risks to virtual currency transactions.

In a circular to banks and other financial institutions on virtual currency trading in Nigeria, Amogu said: "The emergence of virtual currencies (VCs) has attracted investment in payment infrastructure that provides new ways of transmitting money. value on the Internet.

Exchange platforms

Virtual currencies

"CV transactions are largely untraceable and anonymous, making them vulnerable to criminal abuse, especially in money laundering and terrorist financing." VCs are traded on trading platforms Unregulated, all over the world, consumers can lose their money without any legal recourse in the event of collapse or closure of a market.

"The development of VC payment products and services (VCPPS) and their interactions with other new payment products and services (NPPS) require guidelines to protect the integrity of the Nigerian financial system. address the risks associated with money laundering and terrorist financing associated with VC and other types of institutions that function as nodes, where convertible CR activities cut across the regulated financial system.

"The attention of banks and other reporting financial institutions is drawn to the above risks and you are required to take the following steps pending the regulation or substantive decision of the NCB;

"Make sure you do not use, store and / or perform transactions in any way in any virtual currency;

"Ensure that existing customers, who are virtual currency exchangers, have effective AML / CFT controls that enable them to comply with the requirements of identifying, verifying and monitoring customer transactions;

"When banks or other financial institutions are not satisfied with the controls put in place by the virtual currency exchangers / customers, the relationship should be stopped immediately, and any suspicious transactions from these customers should be reported immediately to the cell. Nigerian Financial Intelligence Unit (NFIU). "

The apex bank reiterated that VCs such as Bitcoin, Ripples, Monero, Litecoin, Dogecion, Onecoin, etc. and similar products are not legal offers in Nigeria, so any bank or institution that transacts in these matters does so at its own risk.

The ban on CBN comes a week after the Securities and Exchange Commission (SEC) issued a warning against virtual currencies.

The Commission said in a statement last week that "the public is urged to be extremely cautious about digital (cryptocurrencies) as an investment vehicle. individuals, companies or entities that promote them have not been authorized, nor any guidelines / regulations developed for them by regulatory authorities in Nigeria, no protection is offered to users or investors in these virtual currencies. if virtual currencies fail or if the companies that promote them go bankrupt. "