@LaceVine@icekied The petrol is not a lubricant. Petrol acts like a cooling agent to cool the piston heads during the intake phase. If the engine is a port injection engine, petrol also serves as solvent to wash carbon deposits from the intake valve
@Rxbremen@a_faruk9 Vitafoam did 1,632,073 units of trade as at 2-Feb-2026 with a Day Value of 181.278m
I consider this as thin liquidity. During that period, liquidity is most likely to be thin, because not only you may have this idea.
Profit-taking is quite common after dividend distributions.
@DonAzag And this is why it is important to properly document your business dealings so that you can separate capital (money to do business) and revenue (capital + profits). So that we don't spread inaccurate information. Tax cannot be collected on revenue.
@DonAzag You are wrong on the calculation of tax. Tax is not on revenue, it is on income. Your income on that whole transaction is your 1.5m profit. It is assumed that the VAT you collect upon selling the car should be remitted to the taxman. And even at that...
@DonAzag ...that the final amount is taxed based on the tax bracket. For example let's say out of your 1.5m profit you deduct all legal tax deductibles and you have a balance of say 800k, it is that 800k that would be taxed. There is no tax law that goes after revenue. Let's get it right.
@DonAzag ... It is not the entire 1.5m that is taxed. You have bills which you would pay, and there are reliefs that have been recognised like rent which is 20% or 500,000 Naira whichever is lower and others reliefs that are made available. It is after all those deductions...
@Kelvintalent_ I want to ask a question oh @Kelvintalent_ ... Why are you always editing your telegram entry posts? If you post an entry before you know it, you have edited it. In my very eye, words have changed and also the entry images have changed. Just asking...
@KDTrader1999 Them don dey explain. Them wan restart so that them go rug-pull again. Person that trades majorly EJ all of a sudden decided to trade NU. One would think that they stick to the pair they know the best. And come on..., 25lots on a 1k master account. The Master account is 1k BTW
@Kecyy I have a small food stall I run with my partner. We have 3 employees currently.
We began the business in January 2024, had a pause in April as a result of re-building. We began again late April 2024. We have the daily cash flow in and out since March 2024.
1. @Princemoye1 I know you don't know me but I want to get clarification on something. I was coming from Ajah area going towards Ojo. I was looking for a particular bus stop in Ojo which I was not familiar with. I got to Volks bus stop where all the buses were loading.
4. Points to note: I didn't park at the middle of the road, I parked behind the last keke napep I saw at that Volks bus stop and I had not come down from my car before they all surrounded me.