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Akerewe's Posts

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Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 9:30pm On Apr 13, 2022
emmanuelewumi:
contact@meristemng.com
Av contacted the above mail tire nd d below is the one responding b4 I sent the filled forms but since I submitted the form no acknowledgement yet.

adebosolailelaboye@meristemng.com
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 9:13pm On Apr 13, 2022
emmanuelewumi:
The N10,000 will be in your account for the purchase of shares
No wahala chief Oga Emma but seems this people MERISTEM r not serious oo. I sent them all the d filled forms nd since yesterday no acknowledgement from from them whatsoever nd more over their customers care r not proactive.
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 6:15am On Apr 13, 2022
ojesymsym:
I am just curios. If you already have investment somewhere then you should already have a CSCS account number shouldn't you?
If you do, then there is no need to open a new one
Na so I see am oo, I called them nd they told me to open another cscs account with them as rightly affirm by Oga Emma nd on the process of opening it. Their personnel said it's between the two cscs account that I can switch my stocks.

Thanks for the insight chief
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 8:12pm On Apr 12, 2022
emmanuelewumi:
Interbroker transfers are done through the hardcopies of the documents submitted. The transfer is between the stockbrokers, cscs will come in after you have been signed out by Stanbic.


Info@cscs.ng

Contact@cscs.ng




You need to understand how these things work, you got in touch with Meristem on Monday.

Have you filled the account opening forms with meristem and submitted all the documents? If you did alll these on monday your cscs account with meristem would be opened by tomorrow. It is from tomorrow or thursday that you can embark on the transfer of your investments
God bless you immensely for this wonderful tips Oga Emma, yes I have filled all their forms, scanned and submitted it. But their customers care seems poor. They don't av as much info as d one u gv now.
Let me wait till I get cscs account number from meristem before I forward all these letters to cscs. Am also required to fund my account with 10k, nd I think since it's a stockbroking account what is the 10k for? My Stanbic stockbroking account is always zero.
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 1:42pm On Apr 12, 2022
emmanuelewumi:
You need to open an account with Meristem.


You can only transfer your account after this.


There are forms to fill and letters to write.


You can tell either meristem or stanbic to initiate the transfer
I have filled all the forms and sent it to them
Initially I ask her if I will address the letter to MERISTEM or to STANBIC and she said I need to address those letters to CSCS and I ask for cscs email address she said doesn't know.
Then if this is true pls Oga Ema kindly send me cscs email address here to enable me forward those letters
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 1:34pm On Apr 12, 2022
emmanuelewumi:
You need to open an account with Meristem.


You can only transfer your account after this.


There are forms to fill and letters to write.


You can tell either meristem or stanbic to initiate the transfer
Yes I know, am working on it
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 12:50pm On Apr 12, 2022
emmanuelewumi:
If you have a steady income and you want to amortize the loan over 12 months, paying back both the interest and principal you will pay about N229,200 per month making a total payment of about N2,750,000
Thanks and God bless you immensely for the insight.
But am having serious issue with these MERISTEM customer care agent. Dey dont pick calls and if they pick they don't answer to questions accordingly. Imagine I called and a lady talk to me and I ask her to give me cscs email address to forward my instructions for the transfer and she said she didn't know cscs email and that's all.
Is this not a red flag dealing with MERISTEM
As it is now, do you still advise me to continue with them as I don't know much about them or you have in the past experience such with them and how did u deal with it then.
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 9:46pm On Apr 11, 2022
emmanuelewumi:
Processing and management fees of 2% and interest rate of 18% per annum compounded every month.

For N2.5 million the processing fees is N50,000 while the interest is N450,000.

Meaning about N37,500 interest per month, if you choose to service only the interest and pay back the loan of N2.5 million as a lump sum at maturity.
God bless you immensely for this insight, I really appreciate!
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 3:53pm On Apr 11, 2022
emmanuelewumi:
Moving your investment will take about 2 weeks, your loan application would be approved within 72 hours.


I will advise you should have more than one Stockbroking accounts.


I use Stanbic IBTC Stockbroker, Meristem Securities, Investment One and FSDH Capital.


I actually moved my United Capital Stockbroking account to Meristem Securities.

You N2.5 million loan will fly provided your collateral is at least 150% of the value of the loan ie N3.75 million
Ogs Emma, weldone sir, pls I need insight on the modes of calculating their interest @ meristem. Like how much should I b looking at paying as interest on 2.5m per annum?
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 3:52pm On Apr 11, 2022
highcurrent:
Alright. Thanks
Investment › Re: Treasury Bills In Nigeria by Akerewe(m):
Ogs Emma, weldone sir, pls I need insight on the modes of calculating their interest @ meristem. Like how much should I b looking at paying as interest on 2.5m per annum?
Investment › Re: Treasury Bills In Nigeria by Akerewe(m):
emmanuelewumi:
Moving your investment will take about 2 weeks, your loan application would be approved within 72 hours.


I will advise you should have more than one Stockbroking accounts.


I use Stanbic IBTC Stockbroker, Meristem Securities, Investment One and FSDH Capital.


I actually moved my United Capital Stockbroking account to Meristem Securities.

You N2.5 million loan will fly provided your collateral is at least 150% of the value of the loan ie N3.75 million
Thanks for the insight Boss, I really appreciate. I will start the process tomorrow nd feed u back accordingly but seems this meristem guy doesn't want to go with sukuk, he was referencing to share nd the likes
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 5:15pm On Apr 09, 2022
emmanuelewumi:
Haba your investment is safe.


But to access a loan you have to move your Investments to Meristem.

How much are you looking at and what is the duration?
Of course I will move it, I will follow up with d guy on Monday but I just want to be sure dey are good to deal with because I deal only with Stanbic and am hearing about meristem for the first time and moreover, will Stanbic agree to release my stock to them on time nd how fast is the transfer of stocks.
Although I saw them among the NSE & D.M.O regulated broaker but I just want to b sure they are 100% legit.

Am looking at 2.5m for 12 months for urgent property acquisition.
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 1:39pm On Apr 09, 2022
Oga Emmanuelewumi God bless U immensely sir. The meristem pple called me nd I made reference to you and the guy promised to call me back on Monday to start the process. Pls sir, hope my bond is safe 100% with them since am not familiar with their authenticity.
Investment › Re: Treasury Bills In Nigeria by Akerewe(m):
emmanuelewumi:
Do you have shares and bonds? If yes, try


Meristem Finance

Orange One Finance

United capital

Multiply 1218 by the current price of the bond and calculate the coupon from the last payment date till now, you will have an idea of what to get
Yes I have other bonds and sukuk also. I will try those financial institutions and give you feedback later.
Thanks always Oga Emma, I really appreciate!

Pls help me check d below if it's d current bond price for the highlighted line

Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 10:05am On Apr 08, 2022
emmanuelewumi:
You didn't tell us the units bought.


You bought in January and you are planning to sell in April. Why, you should have just bought a 90 day Treasury Bill or Money Market Fund
Yes u r right OGA EMMA, I intend to borrow some money from WEMAALAT OR SOME OTHER FINANCIAL INSTITUTIONS but 5hey r not ready to gv out loan hence, d LIQUIDATION. Thanks always Oga Emma, see the attached picture for all the details
1,218units

Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 4:16am On Apr 08, 2022
Akerewe:
Good day house, pls I bought this below FGN BOND this January and intend to sell it off now to use d money urgently. Like how much should I b expecting after d liquidation.

2028 Feb FGN BOND
I bought 1.5m nd I collected this February coupon
......
Investment › Re: Treasury Bills In Nigeria by Akerewe(m):
Good day house, pls I bought this below FGN BOND this January and intend to sell it off now to use d money urgently. Like how much should I b expecting after d liquidation.

2028 Feb FGN BOND
I bought 1.5m nd I collected this February coupon
....

Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 2:30pm On Apr 07, 2022
Good day house, pls I bought this below FGN BOND this January and intend to sell it off now to use d money urgently. Like how much should I b expecting after d liquidation.

2028 Feb FGN BOND

Properties › Re: Don't Be A Victim. Investigate Every Property Before You Buy Any Land This Year by Akerewe(m): 3:30pm On Mar 21, 2022
Good day learned Lawyers and great investors, Pls I need insight into this issue asap. I met a man who agreed to sell a land for me in a residential area where he himself built and resides. But to my surprise this man told me there no other paper with him except OMO-ONILE receipt. And this man is an elite and the land is up to an acre. Also I didn't find the location of that land on google map nd the land is in a developing are and not a new site. Kindly assist me, if I want to buy such land, how do I go about it to avoid story that touch.
Properties › Re: Building Of 1bedroom Bungalow(Flat roof) With 2.5million Naira with Pictures by Akerewe(m): 4:55am On Feb 26, 2022
olukaygold:
Good.9" for block moulding, 1 bag of cement go give you 35 pieces of 9"blocks for hand moulding block. So budget 63 bags of cement to give you 2200 with 50 tonnes of sharp sand.
God bless you engineer!
Properties › Re: Building Of 1bedroom Bungalow(Flat roof) With 2.5million Naira with Pictures by Akerewe(m): 10:07pm On Feb 25, 2022
olukaygold:
Good afternoon sir...is that a sharp sand or clay sand. Vibrated block is the best but due to the cost,we opted to hand mould.when do you want to mould it,cos I'm already creating a mobile concrete block which would commence work at the middle of March.selling out 6"block at 220 while 9" at 270.concerning your question, are you talking about 6" or 9"?
9 inch blocks I think the sand is sharp People use it for blocks here nd to miz concrete
Properties › Re: Building Of 1bedroom Bungalow(Flat roof) With 2.5million Naira with Pictures by Akerewe(m): 9:43am On Feb 25, 2022
Welldone engr.olu,av bn following u from ur first thread nd its awesome. Pls can u assist with an estimation price of moulding 2200 blocks hand moulding currently. More so which one is better between moulding and buying blocks. Also what is the usefulness of this below attached picture sand in making blocks or concrete casting

Properties › Re: Hectares Of Land Available In OGIJO/NNPC MOSIMI. SAGAMU ROAD, OGUN STATE. by Akerewe(m): 4:11pm On Feb 05, 2022
baur:
For your genuine and affordable land around Ogijo and its Environment, you will not regret dealing with me.

Call for inspection
09058656453
Whatsapp
09083461393

Good Road/Police Station and many other benefits.
Put price nd locations
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 12:53pm On Jan 24, 2022
Ojix85:
Got this listing from a stock broker.
Yes I know, which firm stockbroker!
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 2:05pm On Jan 23, 2022
please which bank sent this??
Ojix85:
Dear House experts,

I received the bonds secondary market offers below.

I would kindly like to know which would be the most profitable to invest in assuming I have a capital of N5mill.

I still do not understand the relationship between yield and coupon rates.

Thanks in advance.
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 2:16pm On Jan 13, 2022
emmanuelewumi:
Not so, get in touch with your account officer in the bank they pull funds together from customers
thanks Oga Emma am hearing this for the first time oo. i have been buying fgn bond from the secondary market, don't know funds can be pool together, i will try this next time.
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 10:28am On Jan 13, 2022
emmanuelewumi:
They are primary market openings which happens once in a month


That was the time table for the first quarter of the year
Also 50m minimum sub
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 10:19am On Jan 13, 2022
emmanuelewumi:
They are old bonds that are reopened, it is the 2042 bond that is a new offer
Are these bond in the primary or secondary market
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 9:50pm On Jan 10, 2022
Foodempire:
Hello house, is there any how I can see (on websites) the daily FG bond offers for secondary market without contacting my bank for such info. I want to buy some. Also is 12.5% yeilds feasible for a ten years bond in a secondary market. Thanks
not possible. FgnBond not a shares
Investment › Re: Treasury Bills In Nigeria by Akerewe(m): 5:28pm On Jan 10, 2022
Hi house
Properties › Re: Land For Sale by Akerewe(m): 10:22am On Jan 08, 2022
oshorstan:
Good morning Family. My name is Omigie Oshor from Edo State. I have a Land (50/100) to sell (DPC level) with 3 bed room , 2 self contain, and a single master bedroom. The location is Ekose Community via Egba road. The land is flat, no erosion. The documents and approval are intact. There is no discrepancy

Chat me 08138188962..
Put price nd pishure

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