Man loses N1.8m in a day after making 3 times his capital

A Nigerian man identified as Adeola Owosho has taken to social media to disclose that he lost N1.8 million while doing business and almost got depressed.

Owosho, who took to his LinkedIn page to make the disclosure, said he borrowed N500,000 from his father to go into a business he started learning while he was in his final year.

According to him, he made three times his capital in a few months but lost it all in a day, which was on May 29, 2018.

The young man, however, did not disclose the type of business that cost him the money, but promised to talk about it someday.

He said despite the failure, he kept his head up high and learnt the greatest lessons of his life that will forever guide his path.

Owosho wrote:

"Sometimes it is best to fail early in life. That way you learn vital truths that open your mind."The young man advised people to pray to fail early.