zamirikpo:


Chai....why did I come late, it's the respect I have for ur views and that of @ grupo @lancee and @ sach , I had more insults to dish out to some people's reasoning, but since u have called for peace let me stand down.

But bros tell them ooh.....IF THEM NO KNOW.....MAKE THEM LEARN.

IF U KNOW, U KNOW...

ahiboilandgas:
750 million euro (part of 2.8 bn euro bond )offered at 9.7 with 10 years maturity period...meaning if u invest 10000 euro u will get around 20000 euro in 10 years (without reinvesting the interest payment) by 2028 your 20000 euro will be @600 =1200000 naira initail investment 4200000 ....for proper understanding u need have long term experience 5 -10 not 1 to 2

condomuser:
Can you clarify this. Even though it is called Euro bond, it is denominated in USD and investment currency is in USD.

Is there any changes to it at the moment, which of the banks are offering it at the moment, their rates and tenure. This information will be useful to some investors.

ahiboilandgas:
I dey fear to talk make dem no lynch me.....

vexing:
I have not received alert for my 364 days TB I did with First bank oh. Who else did this week primary TB with First bank?

vexing:
I have not received alert for my 364 days TB I did with First bank oh. Who else did this week primary TB with First bank?

condomuser:
Can you clarify this. Even though it is called Euro bond, it is denominated in USD and investment currency is in USD.

Is there any changes to it at the moment, which of the banks are offering it at the moment, their rates and tenure. This information will be useful to some investors.

freeman67:


Sometimes FBN do not send alert when crediting your account for TB at maturity. Other times some people rollover investment mistakenly without knowing. What you should do is first of all, check your account balance to be sure it's not been credited; if so then contact the bank to know why..

Fyabdul:
Good day all.
I went to First bank to bid for treasury bill for highest.
The lady gave me 13 percent for 350 days. She said there's no higher rate than that.
I packed my car and trek to the Stanbic. The lady said I should wait till 10am.
I quickly moved out and go straight to Gtbank to know their rate. The lady said I should fill a form that by tomorrow the rate will show. I should be expecting 13 plus she for the rate. Actually my money is still in my First bank but am targeting a best rate. I don't want tomorrow. It might be late. I left the place to checked Stanbic. She gave me 13.8 for 350. I quickly grabbed it. House is it lost or gain?
Alert Don entered o.

ahiboilandgas:
Atiku intend to flout the naira meaning 380-400 naira to dollar next year or 350 in cbn rate .....prices might jump by 15 percents wiping your purchasing power....store up from dollars to mitigate this risk.......if u know u know .....

Fyabdul:
Good day all.
I went to First bank to bid for treasury bill for highest.
The lady gave me 13 percent for 350 days. She said there's no higher rate than that.
I packed my car and trek to the Stanbic. The lady said I should wait till 10am.
I quickly moved out and go straight to Gtbank to know their rate. The lady said I should fill a form that by tomorrow the rate will show. I should be expecting 13 plus she for the rate. Actually my money is still in my First bank but am targeting a best rate. I don't want tomorrow. It might be late. I left the place to checked Stanbic. She gave me 13.8 for 350. I quickly grabbed it. House is it lost or gain?
Alert Don entered o.

zamirikpo:


Pls why would he want to do that , what does he want to achieve.

ahiboilandgas:
check the link I posted earlier ..but u be my man(pms,ago,dpk,atk) I go explain...the free flout will allow the forces of supply and demand determine the value ..now the major force demand is been settle at 305 by cbn while invisible transaction at 360 (which might be the real value) but if the cbn allow free market the govt rate might jump to 360 ,the black market to 370 (convergence of rate) this allow forex inflow into Nigeria economy from oversea cos fear of devaluation and force scarcity or rationing is out....effect is that price hike will follow since Nigeria is import dependant but might lead to more job created with the coming overseas forex

ahiboilandgas:
https://www.premiumtimesng.com/business/business-news/295841-ill-risk-inflation-to-win-huge-foreign-investments-atiku.html

ahiboilandgas:
check the link I posted earlier ..but u be my man(pms,ago,dpk,atk) I go explain...the free flout will allow the forces of supply and demand determine the value ..now the major force demand is been settle at 305 by cbn while invisible transaction at 360 (which might be the real value) but if the cbn allow free market the govt rate might jump to 360 ,the black market to 370 (convergence of rate) this allow forex inflow into Nigeria economy from oversea cos fear of devaluation and force scarcity or rationing is out....effect is that price hike will follow since Nigeria is import dependant but might lead to more job created with the coming overseas forex

zamirikpo:


Boss u see all this economic theories most often doesn't work in naija, remember the term deregulation of AGO and how it was meant to free market and encourage healthy competition that we hoped will bring down the price, guess what diesel has never been as expensive as it is today.

U know why these policies don't work, 90% of our forex is controlled by just 5% of Nigerians who continue to manuever the system for their selfish gains. Even when foreign investors come in, they still do so through these same 5%.

Atiku should build local capacity in oil refining , rice production,electricity and other delicate areas such that the dependence on the dollar would reduce, that way the naira can begin to gain.

If not dollar would hit 600 in no time.

vexing:

They didn't credit my account, maybe I will go to the bank tomorrow. I just hope their 364-day bid went through because I don't have the patients to wait for another two weeks.

CNN80:
Hello, I need advice. I have a 6 months Tbills investment I need to liquidate now. It's been running for about 2 months.

I bought it through my bank and when I asked about liquidation, they offered to liquidate by collecting back almost all my interest. I'll be left with just 6.6% of the interest even though I have gone through 1/3 of the tenure.

Is there a way to liquidate it so as to get a better deal? I really need the money as an opportunity I have been waiting for has finally come up.

CNN80:
Hello, I need advice. I have a 6 months Tbills investment I need to liquidate now. It's been running for about 2 months.

I bought it through my bank and when I asked about liquidation, they offered to liquidate by collecting back almost all my interest. I'll be left with just 6.6% of the interest even though I have gone through 1/3 of the tenure.

Is there a way to liquidate it so as to get a better deal? I really need the money as an opportunity I have been waiting for has finally come up.

freeman67:


https://www.nairaland.com/4667123/eurobond

zamirikpo:


When the mind can't accommodate or assimilate a higher level of reasoning the fastest way out nah to beef....

Mature minds don't act like that....they know that life is a classroom where we learn everyday.

IF U KNOW ,..U KNOW.

ahiboilandgas:
check the link I posted earlier ..but u be my man(pms,ago,dpk,atk) I go explain...the free flout will allow the forces of supply and demand determine the value ..now the major force demand is been settle at 305 by cbn while invisible transaction at 360 (which might be the real value) but if the cbn allow free market the govt rate might jump to 360 ,the black market to 370 (convergence of rate) this allow forex inflow into Nigeria economy from oversea cos fear of devaluation and force scarcity or rationing is out....effect is that price hike will follow since Nigeria is import dependant but might lead to more job created with the coming overseas forex

Ifelove1:
@UBA today

14.15 percent for 336 days