Joy83:

Prepaid electricity bill
I am rushing because I am working assiduously against temptation to either spend or lend people.
I don't want to be seeing the money for now

Chucklive:
Hello bosses!!

I would like to invest approx N10m(USD equivalent) in Tbills over 10-20years ; however, I’m wondering if I can invest the cash in $USD if possible..

My questions are:
1. Does CBN sell $USD bonds? And at what rate?

2. Tbills vs bonds . Which is better ? I also like my money to be as liquid as possible.

3. If I invest selling $ for N360, I’m I likely to suffer FX losses over a 10-20year period when I convert back to $USD @ maturity?

4. Finally, does anyone know how I can get a NDFcontract for USD?

Thanks brothers and Sisters!

feelamong:


To invest in actual Eurobonds...just speak to your Fund managers. I use Axa Mansard.

They will tell you the process which is basically to fund your dollar account with them.

contumely2:

What are you saying?
So what will happen if he mentions 100m? He will be kidnapped?

So all these bank staff that know people's account balances nko?

What about Otedola, Dangote etc

Don't be a scaremonger. Don't say rubbish here!

Akin3891:
...This is a public domain, and your so called incognito is not 100% guaranted.

Akin3891:



N who tell you some of the bank staff are not crook? Some of them are snitch n schemers ,they cld sell one out to kidnappers. This is a public domain, and your so called incognito is not 100% guaranted.

Akin3891:



N who tell you some of the bank staff are not crook? Some of them are snitch n schemers ,they cld sell one out to kidnappers. This is a public domain, and your so called incognito is not 100% guaranted.

capsule:
please, were can I get USD at a good rate in Abuja? I don't want to buy fake USD biko.

tijusegele:



For real how do they calculate it, that is a total waste of time juz 21k

modgba:
Treasury Bills Yields Jump to 12.99% Friday
https://businesspost.ng/2019/09/14/treasury-bills-yields-jump-to-12-99-friday/

RealityShot:
i wonder how "a whole DaBoGu"
doesn't know about banker's CABALS...
lolzzz



please there is a thread for i-invest...

see my signature for link.

thank you

feelamong:



hahahahaha.....you will not understand the 'Cabal' in banks..

Just ask your account office or any marketing staff in a bank what his 'Cabal' is like and you will understand.

decargne:
Good day, please my friend ask me to help him ask the following questions, he doesn't have an account here and doesn't want to register.
1. what is the minimum amount needed to put in for a five year FG bonds
2. How would one go about it, is registration with a stockbroker compulsory particularly if one has a mutual fund account with a bank like standbic?

please we have read all the pages on bond investors hub thread and those on the DMO page but the answers to these questions seem not to be clear. please help. thanks. Am sorry for derailing the thread.

freeman67:

Go to Zone 4 plaza, in Wuse Zone.

spriteB:
Stanbic IBTC secondary market; 16/09/2019

122 days..................11.9%

213 days..................12.3%

346 days...................12.9%

eniorisha:
Good evening, distinguished ladies & gentlemen! Pls I need your inputs & suggestions to make an informed decision about my investment life.

I av been investing in TBs for d past 3 years with my hard-saved money. The capital is approx N1.1m. Since my 3rd year till now I returned from my youth service, I av been living on d yield as my pocket money.

Now, 3 months after nysc, no job, no viable business opportunity with very minimal risk & I'm fed up with d meagre yield on my TB investment even in d face of decline in d rate & my full assumption of personal & a little of family responsibilities.

My tb will mature next month. I av d mind of diverting my investment to uber. I'll buy a uber worthy car & gv it to a driver to drive on my behalf as I'm a complete novice in driving & on roads drives. I know next to nothing about uber too.

So, I need your inputs, pls. How good or bad is my intention? Those who have idea about uber especially on average weekly return to d car owners shld help me with such information too.


Your suggestions & inputs will be well appreciated.

eniorisha:
Good evening, distinguished ladies & gentlemen! Pls I need your inputs & suggestions to make an informed decision about my investment life.

I av been investing in TBs for d past 3 years with my hard-saved money. The capital is approx N1.1m. Since my 3rd year till now I returned from my youth service, I av been living on d yield as my pocket money.

Now, 3 months after nysc, no job, no viable business opportunity with very minimal risk & I'm fed up with d meagre yield on my TB investment even in d face of decline in d rate & my full assumption of personal & a little of family responsibilities.

My tb will mature next month. I av d mind of diverting my investment to uber. I'll buy a uber worthy car & gv it to a driver to drive on my behalf as I'm a complete novice in driving & on roads drives. I know next to nothing about uber too.

So, I need your inputs, pls. How good or bad is my intention? Those who have idea about uber especially on average weekly return to d car owners shld help me with such information too.


Your suggestions & inputs will be well appreciated.

eniorisha:
Good evening, distinguished ladies & gentlemen! Pls I need your inputs & suggestions to make an informed decision about my investment life.

I av been investing in TBs for d past 3 years with my hard-saved money. The capital is approx N1.1m. Since my 3rd year till now I returned from my youth service, I av been living on d yield as my pocket money.

Now, 3 months after nysc, no job, no viable business opportunity with very minimal risk & I'm fed up with d meagre yield on my TB investment even in d face of decline in d rate & my full assumption of personal & a little of family responsibilities.

My tb will mature next month. I av d mind of diverting my investment to uber. I'll buy a uber worthy car & gv it to a driver to drive on my behalf as I'm a complete novice in driving & on roads drives. I know next to nothing about uber too.

So, I need your inputs, pls. How good or bad is my intention? Those who have idea about uber especially on average weekly return to d car owners shld help me with such information too.


Your suggestions & inputs will be well appreciated.

Grupo:


If you won't drive the car yourself, don't bother about uber.

There is an uber thread in business section of this forum. Check it out, you will get all the information you need.

Etfash:


Your intention is to legitimately break loose from financial insufficiency, which is noble. However, your plan needs to be more informed in order to enable you achieve your goals.

Having said the above, i have a few questions to ask you:

1. How were you able to gather 1.1m?
2. Has that source ceased?
3. Can you reawaken that stream or adapt your current reality so as to get it back?

If your answers to the last 2 is Yes and No respectively, then:

4. Would you survive if you didn't have the 1.1m? If yes, how? Weigh the options, identify the pros and cons and get back to the house. You will need to do a serious assessment here. It may take you days; put pen to paper and get results that are close to reality.


Whatever you do, ensure you don't lose that money.

All the best.

Use the funds and buy an Uber ride and drive it yourself, check for the link with amdman to buy cars from Canada, you will get an Uber standard car at 1.2m or 1.5m.

Do not buy naija used car or else you will be paying salary to the car else everyday you will be the mechanic shop as soon as you wake up.

Tbills is a stagnant investment and mostly suitable for people who are not willing to risk their hard earned cash in the real business sector due to their unavailability to monitor events, low risk appetite, too much money etc

eniorisha:


1) Manual labour for over 12 years after my secondary sch edu. The climax of d hustling was a 7 year stint carry head load @ Cotonou border.

2) Completely yes. several years ago, u l saw d warning. That's why I returned to sch

3) Maddening exchange rate & recent Border closure av sent away all my customers.

4) I'll survive without it. Although it's going to be hard. I av education degree. So teaching jobs are everywhere.

Yes Sir That is why I indicated an investment with a very minimal risk. I can't avoid to lose my life saving o.


Boss, Thank u for your input sir

fickyola:


.



I pity you, I lost all my #1.3m in transport business, most drivers out there are wicked, they may fulfill the 1st 3 weeks obligations, the next episode will be how chicken born 1 and 2 died. If you cannot drive it yourself, I won't advice you to go for uber. My #1.3M would have been doubled by now if I knew about TB then because it occurred when TB was trading for 18-19%, but I have learnt my lesson but in a horrific way. A word they say is enough.

TotoNaRubber:
Use the funds and buy an Uber ride and drive it yourself, check for the link with amdman to buy cars from Canada, you will get an Uber standard car at 1.2m or 1.5m.

Do not buy naija used car or else you will be paying salary to the car else everyday you will be the mechanic shop as soon as you wake up.

Tbills is a stagnant investment and mostly suitable for people who are not willing to risk their hard earned cash in the real business sector due to their unavailability to monitor events, low risk appetite, too much money etc

spriteB:
Stanbic IBTC secondary market; 16/09/2019

122 days..................11.9%

213 days..................12.3%

346 days...................12.9%