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Bennycollins's Posts

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Politics › Re: Court Freezes $225 Million In Assets Linked To Arise TV Owner Nduka Obaigbena by Bennycollins: 6:27pm On Feb 04, 2025
Http40k:
Politically motivated
Are you saying his company never collected a loan that he hasn't serviced as due or what?
Investment › Re: Treasury Bills In Nigeria by Bennycollins: 3:07pm On Feb 03, 2025
Joyful365:
You're not supposed to lose anything apart from 30% of accrued interest and any transaction fee charged by the bank.

Using 19% and 10,000,000 for 340 days;

U would have been debited around N8,100,000 while + or - N1,900,000 is your upfront interest payment.

around 5588 will accrue daily for 340 days to make around 1,900,000 and at the end of one year, 10,000,000 is supposed to be paid back to you.

Since you cancelled the transaction early (within 24 hours), around 8,090,000 is what should be returned back to you, taking cognizance of whatever transaction or processing fee charged by your bank because no interest has accrued on the investment.

30% of accrued interest is charged if you liquidate your treasury bill before 30 days minimum holding period.

In your 10,000,000 treasury bill amount with 8,100,000 deducted and around 1,900,000 paid as interest for 340 days, the daily interest is around 5588.

If you hold for 5 days and decided to cancel the treasury bill, 27,941 will be the accrued interest... 30% of 27,941 will be deducted as penalty charge... The rest will be added back to your 8,100,000 and credited to you. Bank will remove their processing fee.

I hope this is clear. Don't allow any useless bank steal your money especially when they don't know how to liquidate the treasury bill early but foolishly go sell it off in secondary market at a discounted price.

In any case, go back to your bank and sit down with the operations manager or whoever gave you that cock and bull story and demand for your money or tell them you'll report the matter to CBN, EFCC and DMO and take them to court.
Thank you very much for this reply.
Investment › Re: Treasury Bills In Nigeria by Bennycollins: 11:43am On Jan 30, 2025
NL1960:
340+ days should be secondary market. Even with N50m, a customer cannot decide the rate in a secondary market. A customer with N50m can only decide a rate in a primary action. The secondary market rate is always made known before the transaction is done.
That's the point. They claimed information on available rates is not available at the branches, very strange from my experience with other banks.
But I left clear instructions, when submitting the form.
Investment › Re: Treasury Bills In Nigeria by Bennycollins: 11:39am On Jan 30, 2025
Odunharry:
Sorry for your experience. What they invested for you is the secondary market.

I feel they should have contacted you before investing in the secondary market.
Exactly
Investment › Re: Treasury Bills In Nigeria by Bennycollins: 8:41am On Jan 30, 2025
Hi esteemed forumites.
I need help from those that know.
Zenith bank subscribed me for 340+ days Tbills at the rate of about 19+ % . I had chosen 22% rate in the form with instructions that any thing less should not be accepted to me, but the did everything without consulting me.
So I applied that the investment be cancelled.and the have kept back 309k as penalty, according to the Operations Head. Principal amount was 10m and 1703000 had been credited as upfront.
How do I handle this, as 300k is too much for me to lose like that.
Thanks
Politics › Re: Nigerians Are Suffering Because We Chose Darkness Over Light — Bishop Kukah by Bennycollins: 4:08pm On Dec 25, 2024
Habbeyy:
undecided he was not talking about Tinubu being the darkness, always read before you comment. Your constant mentioning of Tinubu at any slight opportunity won't remove him from office, at least not until 2027.
That's what the Bishop is saying, you people prefer darkness and hate those who stand for the truth. Good that you also live in this country.
Politics › Re: LP: What happened in SW Won't Happen In 2027, Peter Obi May Dump Party - Okupe by Bennycollins: 7:53am On Dec 23, 2024
flokii:
I'm still trying to figure out how a party with only 1 Governor out of 36 States and FCT can be claiming they won 2023 Presidential election.. una be wetey o.

Okupe should stop stressing himself.. no vacancy in Aso rock till 2031.
Now be informed that, the president of Benin Republic does not belong to any political party. He won as an independent candidate and is doing a second term now. How much more in a country that the ruling class as members of large parties have impoverished us by plundering our common destiny?
Politics › Re: Peter Obi Offers To Meet Dele Farotimi’s Bail Conditions by Bennycollins: 8:49am On Dec 21, 2024
yarimo:
Eyes service agulu fraudster, why didn't you speak about bailing of NNAMDI KANU or Simon epka
He hasn't and still you and your cohorts say he supports Ipob, what then would you say if he offered to bail those ones?
Politics › Re: Okpebholo Celebrates Edo-Born New Miss Nigeria, Doris Ogah by Bennycollins: 6:01am On Dec 21, 2024
MatrixCircle:
Ogah sounds like Cross Riverian name around Etung L.G.A area
Some bloggers have already reported she is from Cross River.
Politics › Re: Economy Responding Positively To My Policies —Tinubu by Bennycollins: 1:09pm On Dec 19, 2024
Lithiumite:
If hunger is all you see,that would continue to be your portion.
No be madness so?
What is the meaning of this reply now? How is it related to the comment in reply?
Politics › Re: She Is Not Interested In Doing Nigeria’s PR — Kemi's Aide Replies Shettima by Bennycollins: 2:06pm On Dec 12, 2024
Dengoh:
We are not interested either. Let keep Nigerian out of her mouth. We know we are in a mess but we'll fix up when we are ready both leaders and followers.
Kemi is not a Nigerian, but she forgot she's not white either. She'll found out sooner or later.
When will you be ready to fix up like this? Ehn, when the truth about your mess hurts both leaders and followers like you?
The other day some were attacking Davido for saying the truth about our country, Dele Farotimi is in detention now for saying truth about the mess Nigeria has become and now Ms Badenoch.
Politics › Re: Video Of The Arrest Of Dele Farotimi by Bennycollins: 12:44pm On Dec 04, 2024
garykoeman:
He should face the consequences of his action.


How can u label someone criminal without evidence.
Why not you fellas just sh00t and k:ll him so your happiness will be maximum? You urchins can help them.
My own joy is that this won't cage the man, he looks unworried and he will soon be let off to continue speaking the truth. You can check up for his latest public statement on this matter.
Only death can stop him.
Politics › Re: Dele Farotimi Was Arrested Over Afe Babalola's Petition - Inibehe Effiong by Bennycollins: 8:18am On Dec 04, 2024
simpleseyi:
Carry your kindergarten lawyers to go and face Afe Babalola in Court. Even your lawyer fit collect jail term
Did you read where the post said he has been denied access to lawyers and family?
That clearly should tell you that the people have no case against him, they just want to torture him.
Politics › Re: Police Arrest Dele Farotimi by Bennycollins: 5:25pm On Dec 03, 2024
helinues:
Have some shame and stop talking rubbish. You initially thought the arrest was political hence attacking my comments .

Same rubbish the guy has been written that got him into trouble might also lead you into canal if you don't retract your steps
Guy correct your grammar first, I have seen the same blunder twice, I thought the first was just an error. "He has been writing" not " he has been written".
Politics › Re: Police Arrest Dele Farotimi by Bennycollins: 5:13pm On Dec 03, 2024
Bobodee09:
How is he abusing power??

This a man that has alot to lose if some rubbish is written about him if not true.

No top business man will smile at someone defaming his/her character.

He did the right by reporting to the authorities.....let dele prove what he wrote is true that all.
Dele has said he is ready for arrest and has even report to the police. Why going through the back door, trying to lure him to certain locations to abduct him, probably to 'teach him a lesson'. You know all those Machiavellian measures these elites deploy to get back at those who try to expose their misdemeanors.
If you claim defamation, file a suit, let the accused be duly served/ charged
Politics › Re: “INEC Rigged The Edo Election In Favor Of The APC” - Osita Chidoka (Video) by Bennycollins: 5:15pm On Nov 30, 2024
Throwback:
Peter Obi wondered why APC sent Nasir el'Rufai to Anambra to monitor the 2013 Anambra gubernatorial elections on behalf of the then newly formed APC which had former Governor Chris Ngige as its candidate. He wondered if APC did not have any Anambrarian or SouthEasterner who could play the election monitoring role for APC, and even boasted that he will not be found campaigning in Kano or Katsina or any Northern State that el'Rufai was from.

Thinking like Peter Obi, what exactly is Olisa Chidoka's business with the electoral wishes of Edolites?

Is Chidoka from Edo state or the SouthSouth region? Or PDP does not have anyone from the region who can comment on how their party was sacked from office?
Be reasonable. So if national agency, the electoral umpire for that matter compromises an election anywhere it should not concern other citizens?
Nigeria parades some of the best brains globally, but with this your reasoning, I think the worst brains are also from here.
Politics › Re: Atiku Abubakar Hosts Peter Obi In Adamawa (Video). by Bennycollins: 4:47pm On Nov 30, 2024
Praktikals1000:
Peter Obi will be over 70yrs by the time Tinubu finishes his tenure lol
How? Obi was 61 when Tinubu assume power. That plus 8years is how many, assuming Tinubu even wins a second term?
Politics › Re: Atiku Abubakar Hosts Peter Obi In Adamawa (Video). by Bennycollins: 4:43pm On Nov 30, 2024
blowjohn:
As a politician, it would be very difficult for me to eat at another politician's house tho
I was going to say PO should watch his back here.
Politics › Re: Atiku Abubakar Hosts Peter Obi In Adamawa (Video). by Bennycollins: 4:38pm On Nov 30, 2024
ogascomax:
If they could partner it will be an easy ride for them. Because North will never support TPain. It's so obvious. This is not about North becoming president but it's about demolishing APC at the centre. For that to work Obi should deputize Atiku then by 2031 Atiku can take a bow for Peter Obi to become presiden.
APC is our common enemy that must be taken out without sentiment.
Yes Atiku has always wanted to be president, but his desperation has not turned him to killer or someone that is ready to do terrible things to achieve that, with that I can trust him to become president, at least for one term.
Deep down you know that can't happen. There is no way Atiku can get to power and leave just after 4 years. Obi knows that very well.
Politics › Re: Peter Obi Congratulates Dr. Ngozi Okonjo-Iweala On Her Reappointment As WTO DG by Bennycollins: 8:05am On Nov 30, 2024
Salewa97:
Peter Obi, the master of congratulatory messages
Politics › Re: Abaribe: Nigeria Would Have Been Better Under Peter Obi by Bennycollins: 8:58am On Nov 26, 2024
emkz:
The messianic toga coronated on Peter Obi became his albatross that ended up exposing him badly.

Among the three leading presidential candidate, Peter Obi was the least prepared. His buzzwords were: "new Nigeria", "consumption to production", "Nigeria is at the last stage of collapsing".

It was even disturbing that Peter Obi saw himself as the one to rescue Nigeria. He was not even prepared because he had no manifesto until he was forced to produce one by the crew of Arise News. This manifesto was released on December 4, 2022. Tinubu released his own manifesto around October 20, 2022. But one of Obi's henchmen claimed Tinubu copied Obi's manifesto.

If Obi presiding over Nigeria would have made Nigeria better, let's interrogate the following:

(1) Obi presided over Anambra for 8 years. Is Anambra under him as inspiration of what Nigeria should be? What specific policies did he propose to turn Anambra from consumption to production?

(2) How did he improve the IGR of Anambra?

(3) He had claimed Anambra came first in WAEC. Does anyone even understand what that means?

(4) Looking at his campaign expenses as released by his campaign treasurer, he spent more money on post election litigation than pre-election campaigns. He either did not believe he could win on the ballot and wanted to win through the courts, or he wanted to spend less and maximize benefits. He ended up wasting money as his calculation failed.

(5) He claimed to have bought 505 as a student. Yet, he struggled to explain to Arise News what he did for a living. He said they should ask others, that he was a distributor (not a manufacturer) and studied market to market at Harvard. What exactly was he distributing?

(6) His name was mentioned in Pandora papers. Why did he hide money in a tax haven?

(7) Through his utterances, he demarketed Nigeria. His entire campaign had no strategy. His spokesmen could not talk about anything apart from religion and attacking Tinubu. This was also an area Atiku failed. Tinubu was the only one who had a campaign slogan: "Renewed Hope" and that was his message.

Now, in terms of Nigeria being as it is. Many years ago, some elder statesmen warned that Nigeria penchant for wasting funds was us eating away our future. We subsidized dollars, which only benefitted the rich, subsidized fuel which many turned into a dangerous business by smuggling and even making claims when they didn't supply fuel, four refineries collapsed at once, gas was and is still being flared; we subsidized religious pilgrimage, and even killed our manufacturing sector. The only subsidy we enjoyed was education and healthcare.

It was in Nigeria they were defending the naira by subsidizing dollar sales. Defending the naira from what? Who benefitted? When we could no longer afford the mess we created, we started borrowing to pay subsidies and salaries and some states were bankrupt and could not meet salary obligations. Former President Buhari bailed out the states in 2015 and 2021. This was the reality.

Now they are asking what Nigeria did with the savings from subsidy. The fact is that the word "savings" is a misnomer. Nigeria simply stopped borrowing to fund a corrupt subsidy regime.

Just to conclude, there is no evidence beyond gaslighting that Nigeria would have been better off with Peter Onwuabasi Obi (POO) as president. Is is akin to the hallucinatory toga of messianic superpowers poured on Mr Peter Onwuabasi Obi, such powers that made his investments of Anambra money worth toilet paper according to the current Governor Charles Chukwuma Soludo of banking is no ludo fame.
So you were Obi' s accounting officer to know he spent more money on post election tribunals than pre election campaign? Ok, let's have the real figures. Soludo is even ashamed now of his role in trying to undermine PO presidential ambition.
Politics › Re: Accept Part Of Responsibility For Nigeria’s Situation – Akande Tells Obasanjo by Bennycollins: 10:29am On Nov 20, 2024
UltraSolid:
Only clowns take OBJ seriously. Which Nigerian President, to date, has attempted to buy a third term in office as OBJ sought? That alone shows what OBJ is.
Snatching and running away with power through blatant rigging of elections is worse than trying to buy a third term after you have greatly improved the economy.
Crime › Re: Money Rituals: Who Has An Explanation For This? by Bennycollins: 9:38am On Nov 19, 2024
All the people here telling you that there's nothing like money rituals, blablabla, fear them.
Politics › Re: Labour Party’s Votes In The Last 5 Governorship Elections Held by Bennycollins: 4:19pm On Nov 18, 2024
heykims:
We know what u guys consider as free and fair na.
If LP wins, it's free
If PDP wins, it's fair
If APC wins, it's not free and fair.
So you voted for the APC ? And are happy with the situation in the country since 2015?
Politics › Re: Ondo 2024 Governorship Election Results From INEC IReV Portal by Bennycollins: 8:23pm On Nov 16, 2024
TossTos:
APC is winning this hands down ..

To the likes of
PDP
LP
NNPP
SDP
APGA

If they want to win in this country, they will need to come together and form one party , that when people will start taking them serious including the ruling party.
If they like let all the other parties come together and even import foreign parties to join them, APC will still snatch it and ask them to go to the same court they have already appointed, after IreV 'technical glitches'
Sports › Re: Benin Republic Vs Nigeria: AFCON 2025 Qualifier (1 - 1) On 14th November 2024 by Bennycollins: 2:57pm On Nov 15, 2024
Procashtips:
"If Rwanda had won"

yet you went ahead writing unnecessary comment on what can no longer happen.
Someone commented that if Rwanda had won their match against Libya, we would be doing permutations trailing Benin( when we hadn't equalized), and your rely to him was that win or lose changes nothing, to which I made that clarification. I don't understand your latest comment again because what I said is a simple fact.
Sports › Re: Benin Republic Vs Nigeria: AFCON 2025 Qualifier (1 - 1) On 14th November 2024 by Bennycollins: 8:57pm On Nov 14, 2024
Procashtips:
Permutations for what?

Their winning or losing stops nothing
You say what?
If Rwanda had won against Libya, and we losing here and will place us under pressure because we must secure at least a point against Rwanda who will be playing for their life in the next match.
Sports › Re: Benin Republic Vs Nigeria: AFCON 2025 Qualifier (1 - 1) On 14th November 2024 by Bennycollins: 8:45pm On Nov 14, 2024
Ekaka14:
The interesting thing here is that if we don't beat Benin tonight and beat them well...and they win tonight or draw...then we will see the confidence they will come out with to beat us at the world cup qualifiers....we're probably not going to make the World cup anyways ...inspite of the array of stars we parade
We lost the world cup ticket long ago, considering the form of South Africa and the attitude of our big players.
Politics › Re: Tinubu Will Win 2027 Election – APC by Bennycollins: 5:57pm On Nov 10, 2024
I read it clearly, " the electoral processes are different between the two countries"
😃😃
Romance › Re: From Salesgirl To Wife: Lady Shocks Social Media With Engagement To Her Boss by Bennycollins: 6:43am On Nov 07, 2024
Are we this bitter in Nigeria? No one here is happy for the girl. Everyone battering. Why?
Politics › Re: Peter Obi At The Burial Of Emmanuel Iwuanyanwu In Imo (Photos) by Bennycollins: 5:11am On Nov 03, 2024
Sharpsharp00123:
shame no dey catch u say local champion defeat your international champion for election
'defeat' you mean?
Politics › Re: Court Stops CBN From Releasing Allocation To Rivers State Government by Bennycollins: 12:26pm On Oct 30, 2024
Sharpsharp00123:
Ghen ghen ghen ghen

I said it yesterday n I will keep saying it that those people from d land of d rising hate will push this guy to doom all in d name of fighting wike who is way above their league

There are precedents of how they have pushed men to their doom cos they believe they can help them fight who pass them

Eg
Osinbajo
Ambode
Dino melaye
Aregbesola
Obaseki


N now fubara is towing that lane, just know that once those people are supporting u with their hate then u are heading for destruction

To those people who will want to insult wike, ask yourself if u know u won't want to b controlled by a godfather then u come through one?

Seyi makinde of oyo state contested many times before he became governor, he fought individually against all odds n after multiple trials he had it, many of these power hungry politicians are not willing to wait n fight on their own but will b looking for godfather n after getting there they will want to start forming boss

Let's watch n wait till d end of d movie
So this is just to spite Fubara huh? You don't have sense. You should have known that Rivers state is bigger than both Wike and Fubara. If the allocation is withheld, who suffers and loses, and who gains?
In your shallow thinking, this is merely a loss to Fubara and win for Wike, you don't think about the people of Rivers state as the greatest losers.
I know you will foolishly think I am an Ibo.

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