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Akerewe's Posts

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Jobs/VacanciesRe: N-power: How To Fix All NASIMS Portal Issues by Akerewe(m): 5:34pm On Mar 26, 2021
Pls after I update my profile my certificate is not showing /displayed but other documents are on displayed. Is it normal?
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 6:08pm On Mar 19, 2021
emmanuelewumi:
If the price increase to 1200. 5000 units will cost you N6 million and you will have a coupon of N560,000, your yield will be 9.33%
but dey selling in multiple of 1 unit at a time not
compulsory u buy bulk unit like 5,000 at ago. What u saying is d same thing as my illustration. D broker said d interest rates remain d same. Dat its d unit price that will change which av illustrated above
Simply d same as #6m ÷ 1200 = 5000units. Then 5,000 × 11.2% = #560,000
kindly signify if am right or wrong
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 5:47pm On Mar 19, 2021
emmasoft:
Without going to any technicality just understand basically that once a bond has been offered in the primary auction the price, yield/rate on that bond will never be the same again when it's in the secondary market. For this SUKUK 3 now or any bond in the secondary market the price most likely will be higher than what it's at the primary auction and the yield lower. So buying now I doubt if you will get 11.2% as it's in the primary auction. The only time you get everything as it's written in the bond document is when you buy and hold to maturity.
Hence you notice that most discerning investors will not want a reopening bond.
I went back to the drawing board nd I came out with thsee base on d initial question I ask. What dey are trying to let me know is dat d interest rates remain d same 11.2% but d unit per price may differ. Meaning..... d last Sukuk was sold at #1,000 per unit. Assuming you are buying 5m worth of money, ur total units will be #5m ÷#1,000 =5,000 units nd ur yield will b 5,000 × 11.2% which gives you 5,600.00 d same as #560,000.
NOW
This is what dey mean by change in unit price. Assuming dey decided to sell their own at the secondary market rate of let's say #1,100 per units. Now assuming u r coming with d same #5m to d secondary market @ #1,100 per unit, u will something like #5m ÷ 1,100 = 4,545, soo ur total units will be 4,545 units. Let's go again by the actual rate of 11.2% × 4,545 = 50,904:00 which translate to #500, 904 as d total yield. The above illustration is solely base on my on point of view as a layman in stock market and is subject to corrections, criticism, modification e.t.c
God bless you all
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 5:38pm On Mar 19, 2021
yazga:
You can also decided to Invest in US Stocks using the link in my signature we both get FREE shares
Thanks
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 5:22pm On Mar 19, 2021
emmasoft:
Currently guaranteed rate is 4.5% with an additional interest that can get your total earning to around 8%. The payment is twice a year and like I said earlier if there is upward rate adjustment it also affect your funds in VGIF
what do u mean by additional interest rate? Y not together? U mean u have passive and active interest rate on VGIF?
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 5:19pm On Mar 19, 2021
emmasoft:
Currently guaranteed rate is 4.5% with an additional interest that can get your total earning to around 8%. The payment is twice a year and like I said earlier if there is upward rate adjustment it also affect your funds in VGIF
Thanks for your insight
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 5:05pm On Mar 19, 2021
emmasoft:
I want to suggest you keep the money in VGIF and continue to top up while waiting for the next SUKUK. since you can always enjoy any upward adjustment of rates and you can exit VGIF when you wish.
at what rate
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 4:55pm On Mar 19, 2021
Thanks all for this eye opening tutorials, I really appreciate your tutelage. God bless you all
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 4:30pm On Mar 19, 2021
emmasoft:
Without going to any technicality just understand basically that once a bond has been offered in the primary auction the price, yield/rate on that bond will never be the same again when it's in the secondary market. For this SUKUK 3 now or any bond in the secondary market the price most likely will be higher than what it's at the primary auction and the yield lower. So buying now I doubt if you will get 11.2% as it's in the primary auction. The only time you get everything as it's written in the bond document is when you buy and hold to maturity.
Hence you notice that most discerning investors will not want a reopening bond.
Thanks a lot for the clarification. But what I was told is that d interest rate remain d same 11.2% but d unit per price will change
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 3:01pm On Mar 19, 2021
emmasoft:
To buy a listed bond is just like buying a listed coy on the exchange; if there is a seller then you can buy.

Since you have a cscs account already that is what it takes. You give a purchase order to your broker and if available they will buy for you.

However, if you wish to go along with investment one, the first thing is to open a cscs account, you can do that online just click on the link on my signature and complete the online form once it is opened we take it up from there.
Thanks for your timely response Chief Emmasoft, they later called me to explain things to me exactly like u said just now. But want thing I don't understand is that they told me about [/b]Offer Unit that might be different from the initial Unit the government sold it[b]. [/b]Can u please shed more lights as to the Units different and d Long time effective of such variations in original Unit vs Secondary offer Units and the effect on the overall yield. I can as well cite ur response with some empirical figures[b].
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 12:37pm On Mar 19, 2021
olukaygold:
Heat can't be a pro here cos we're going for POP for the ceiling, concerning chimney, it's very possible,I'm thinking of including it on my next project to make it exactly America building version according to how people qualified/described the building here.
already kudos to Engineer, more wisdom
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 10:42am On Mar 19, 2021
emmasoft:
http://www.nse.com.ng/Listings-site/corporate-disclosure-site/Documents/DMO%20Lists%20N162.557bn%207-year%20Sovereign%20Sukuk.pdf
Oga Emmasoft, Pls kindly help me out on how I can purchase some of this sukuk unit cos have mailed stanbic bank as my stockbroker but their response was somehow
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 10:30am On Mar 19, 2021
emmasoft:
http://www.nse.com.ng/Listings-site/corporate-disclosure-site/Documents/DMO%20Lists%20N162.557bn%207-year%20Sovereign%20Sukuk.pdf
God bless you Oga Emmasoft
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 9:59pm On Mar 18, 2021
Dsticks47:
Now you can pick the option that works best for you and secure the future of the ones you love.

For more info, you can reach me through the details on my signature.
what is the interest rate on both package?
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 8:36pm On Mar 18, 2021
HopeVictor:
But won't the flat roofing cause heat in the house?
yes good question. Engineer Pls let's know if heat will not be too much cos of d roofing type used. Is it possible to include chimney in this type of roofing?
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 7:01pm On Mar 18, 2021
mickky22:
Goodday 'Ogas' in the house.
Will the SUKUK Bond still the same 11%?

What the procedure to get and the closing day.

Thank you.
Pls kindly share d link to d NSE website where sukuk 3 is bn listed cos on NSE website now now only sukuk 1& 2 is listed
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 10:37am On Mar 18, 2021
afroxyz:
Check the Twitter account of DMO
Thanks i'll
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 9:52pm On Mar 17, 2021
afroxyz:
The 2020 SUKUK which was launched in May 2020 is to be listed on NSE tomorrow. This means members of the general public who invested in the 2020 SUKUK bonds can now sell their investments and those who wish to invest in SUKUK can now invest.
Pls & Pls if this news is genuine, kindly share me d link to NSE website where i can also get access to bid asap
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 9:50pm On Mar 17, 2021
afroxyz:
The 2020 SUKUK which was launched in May 2020 is to be listed on NSE tomorrow. This means members of the general public who invested in the 2020 SUKUK bonds can now sell their investments and those who wish to invest in SUKUK can now invest.
InvestmentRe: Treasury Bills In Nigeria by Akerewe(m): 9:50pm On Mar 17, 2021
afroxyz:
The 2020 SUKUK which was launched in May 2020 is to be listed on NSE tomorrow. This means members of the general public who invested in the 2020 SUKUK bonds can now sell their investments and those who wish to invest in SUKUK can now invest.
Pls & Pls let me know d source of this news If it's genuine nd kindly share d link to NSE website where I can bid for the sukuk ASAP.
Thanks
TV/MoviesRe: ADO: Kunle Afod's Movie About Vitiligo (Photos) by Akerewe(m): 12:07pm On Mar 12, 2021
mrgbenga1:
Vitiligo is a medical condition that causes white patches on your skin.

There is no cure for vitiligo.
there is a cure for vitiligo "LOCALY".
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 11:54am On Mar 12, 2021
wow! wow! wow! this is beautiful kudos to you engineer!

PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 3:46pm On Feb 18, 2021
well done Engineer
olukaygold:
Hand Moulded sir
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 11:10am On Feb 18, 2021
Kudos Engineer, are the blocks for the building hand mould or fabricated?
We are following religiously........
InvestmentRe: Mutual Funds by Akerewe(m): 10:16pm On Feb 13, 2021
DAVIDOLAWALE:
Good evening dear investors, please how long does it take for Stanbic ibtc mutual fund online top up to reflect in one's account ?

I top up my investment since 9am on Friday 12/Feb/2021 but it is yet to reflect in my dash board.

Has anyone with similar experience ?

Kindly advice please .
u will get ur notification on Monday
BusinessRe: Oil Supplier Needed. by Akerewe(m): 4:36pm On Feb 13, 2021
Diesel engine oil or petrol engine oil. Black oil or... mention the type of oil u want is it mobile or total if it's new oil u want. Are u paying on delivery or u r making purchase order.
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 10:24pm On Feb 11, 2021
olukaygold:
I used only sharp sand to mould the blocks,The clay soil I added to plaster the house,I got it from the well I digged. You can only get those sand combinations in Ogun state, Lagos and some part of Ondo state.
ok good
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 12:42pm On Feb 11, 2021
What are d Sand spec's for moulding this ur block cos I heard some people do use (gum sand), clay nd different mixture of sand to achieve a solid nd strong block.
Gum sand image below

PhonesRe: Samsung A30s 4gb RAM 64gb ROM by Akerewe(m): 10:59am On Feb 09, 2021
Price nd location
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 2:02pm On Feb 06, 2021
shocked huh embarassed undecided cry grin grin grin grin grin grin grin grin[color=#000099][/color]
aremuforlife:
There is nothing bad moulding block in 21 st century, while are we still usjngbhand to dig the foundation, we should be using excavator for it, just because we are in 21st century.
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 5:49am On Feb 06, 2021
aremuforlife:
The moulding of your block depends on the mixer, if you have a good and experience mixer, 9'30-32 is ok while 6'42-45, I am talking from experience.
Well done good people, u all mean it's still ideal nd in vogue to mould block by oneself in this 21st century? Is it still in practice to use hand moulded block to build? Any advantage over machine mould in respect to cost saving and shapes?
PropertiesRe: Building Of My Cheap Self Cons with Pics by Akerewe(m): 4:28pm On Feb 03, 2021
olukaygold:
Pls chat me up on WhatsApp in other not to derail this thread from its purpose. +2348162907678
ok i will

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