bjtinz:


Can you imagine. 2.2 - 4% and still being oversubscribed?? I don't understand the obsession with it despite the ridiculously low rates. . . . . abi some people do blood covenant with NTB?

Dumped the shiit since December.

No mind them. I dumped it too since january and i have no regrets.

Who wants to buy Shares from crowd1??.

Join portfolio 9 team and smile

IamR:
Guys, please stay away from Eurobond for now. My capital is now -9.8%.

You're not alone lolz. The only consolation is currency appreciation now. The unit cost fell from 120 to 110, hence the loss.

presiade:
Sorry to deviate a little from the topic. Who knows and can recommend an effective and reliable debt recovery agent in Lagos?

Hello Presiade, if still in search. I can help you with the details of two companies we use at my firm. Kindly contact me via my signature number or send a PM.

IamR:

I am the one. There is a lot going on that we don't know yet. I can't even get the money until a month's time, something that used to take 72hrs.

Beware of Eurobond!

.

I thought the maximum holding period for fbnquest is 6 months?

.

bjtinz:


Can you imagine. 2.2 - 4% and still being oversubscribed?? I don't understand the obsession with it despite the ridiculously low rates. . . . . abi some people do blood covenant with NTB?

Dumped the shiit since December.

The thing tire me. The funny thing is leaving your money idle in your savings account pays higher interest than treasury Bill's presently..

billtommy:


You're not alone lolz. The only consolation is currency appreciation now. The unit cost fell from 120 to 110, hence the loss.

Yeah. Getting the capital is another issue now.

billtommy:
.

I thought the maximum holding period for fbnquest is 6 months?

Yeah, but it takes 30 days instead of 72 Hrs to get back your capital after 6 months holding period.

kryptem:

Such an expository exposition. Every paper money will at one time or the other be limited. Gold or crypto serve the alternative and the true store of value.
Waiting till yuan takes over dollars dorminance.....

very soon

Thisnut:
dagote will even make more profit self.

He buys a barrel (159 liters) at 19usd and sells at 115 to 120 naira a liter to the distributors. Even if he decides to sell at 80naira self he will still gain.

The losers here are those that are selling the raw material, not the finished product. Na as you buy you go sell, but here, he's buying low and still selling high.

My only only fear for dangote is why not invest on renewable energies since that is the direction the world is leaning to right now. In 10 to 20 years from now, newer car models will be fully running solely electric and solar. The fate of fuel will then be like that of kerosene now

Over to the economists.

Very very vali

ahiboilandgas:
My hustling partner that remain with property business has exceeded a capital base of 200m using same strategy he friends to several local agent ..once there is a cheap bargin he called ....he is always very liquid or holds a very sellable property...he buy inherited property, distress sale , loan wahala ,broke owners, relocating people or during recession.......Never ever buy from an estate developer or a rich man ....it already over priced .....

True...

Rates to Ease as N131bn Treasury Bills Mature via OMO
https://businesspost.ng/economy/rates-to-ease-as-n131bn-treasury-bills-mature-via-omo/

yomi007k:


No mind them. I dumped it too since january and i have no regrets.

pls what other investment can one do especially this period

those of u on Gt-targe Acct, plz is there a limit to Amount you can locked to it. i tried to put some money there and the system was showing maximum limit is 1mill

udysweet:
pls what other investment can one do especially this period

For now i have no good recommendations. I will let my ogas talk.

kristien4:
The thing tire me. The funny thing is leaving your money idle in your savings account pays higher interest than treasury Bill's presently..

Lol! Imagine that.

CsRockefeller:


I once said that the FG economic team know that the average Nigerian is scared to invest his money in the real sector so, the TB rates will continue to go down because they (CBN) know its the safest bet any Nigerian has.

That questions the motive behind the high rates all these while, surely it was done to enrich a few class at the detriment of the economy.

Preciously. I know some the gurus have said it will rise again, but honestly I really don't see that happening in the near future. CBN know that even at 1% people will still rush the TB, so there's really no incentive to increase rates.

Hi, just a quick one.
Which area in Lekki are houses for rent in more demand, my options are Chevron alternative/ Osapa London/Chinese Court. I intend to buy and rent.

I have ruled out ikota as you mentioned

Diyke4rich:


I Will not advice you to buy it, I own a house at ikota villa estate to rent the house out are problem atime, when the tenant move out they leave a lot of damages I Will advice you to go for blocks of flat in mainland.

bjtinz:


Preciously. I know some the gurus have said it will rise again, but honestly I really don't see that happening in the near future. CBN know that even at 1% people will still rush the TB, so there's really no incentive to increase rates.

The people rushing the T-bills are Institutional investors like Pension funds etc. Those people have much funds at their disposal and are ready to buy at any rate.

Olaide1295:


The people rushing the T-bills are Institutional investors like Pension funds etc. Those people have much funds at their disposal and are ready to buy at any rate.

10trillio naira precisely. Even at 0.5% they will still subscribe.

Is dollar likely to increase or decrease considering the recovery of Brent crude?

Will Nigeria devalue it's currency?

Should I sell my dollars now or wait more?


cc

emmanuelewummi

ahiboilandgas

Atkin

partnerinbiz3:
Is dollar likely to increase or decrease considering the recovery of Brent crude?

Will Nigeria devalue it's currency?

Should I sell my dollars now or wait more?


cc

emmanuelewummi

ahiboilandgas

Atkin

please wait small after the opec meetings

partnerinbiz3:
Is dollar likely to increase or decrease considering the recovery of Brent crude?

Will Nigeria devalue it's currency?

Should I sell my dollars now or wait more?


cc

emmanuelewummi

ahiboilandgas

Atkin

What has always work for me is to always expect the worst to happen to Nigeria and plan accordingly cos it never gets better in this part of the world. Yes! It always get worse with time, before you know it, people would think you are a prophet

Thisnut:


My only only fear for dangote is why not invest on renewable energies since that is the direction the world is leaning to right now. In 10 to 20 years from now, newer car models will be fully running solely electric and solar. The fate of fuel will then be like that of kerosene now

Over to the economists.

No need for economists. Dangote will recoup his investment in less than 10 years and Nigeria/West Africa(his primary markets) will not be ready to operate only electric cars in the next 20 years.

abraolas1:


Hi sir,

I will like to reach you directly for some advice don't know if u can mail me abraolas@gmail.com so for me to reach you via mail

thanks

u can post here no body is all knowing we have other inputs

ahiboilandgas:
please wait small after the opec meetings

Okay. Thanks.

janga:
those of u on Gt-targe Acct, plz is there a limit to Amount you can locked to it. i tried to put some money there and the system was showing maximum limit is 1mill

No limit transfer 250 k first then continue to transfer whenever you want u can’t do all transfer once do it simultaneously

Dollabiz:


No limit transfer 250 k first then continue to transfer whenever you want u can’t do all transfer once do it simultaneously

what's the interest rate and the tenor

ahiboilandgas:
u can post here no body is all knowing we have other inputs

thank you boss

how will advice a person (a low risk investor) that want to invest at least 1M.

please kindly advice with a practical steps if possible

thanks

abraolas1:


thank you boss

how will advice a person (a low risk investor) that want to invest at least 1M.

please kindly advice with a practical steps if possible

thanks

it already a horrible 1 quarter for all fixed income investors including me ....all my income projections are currently in disarrays but we went though this cycle in 2015 ....i added several side biz to balance up the short falls but it not been easy ......expanded my cement biz , also added a tipper and i represents an industrial equipment provider just to meet up....but it doesn't make any sense to keep 1m at 4.5 per anum ....that insanity financially

ahiboilandgas:
it already a horrible 1 quarter for all fixed income investors including me ....all my income projections are currently in disarrays but we went though this cycle in 2015 ....i added several side biz to balance up the short falls but it not been easy ......expanded my cement biz , also added a tipper and i represents an industrial equipment provider just to meet up....but it doesn't make any sense to keep 1m at 4.5 per anum ....that insanity financially

Is cement business lucrative? Can you give a quick run down of running it. You only talk about the oil biz