₦airaland Forum

Bunkering is a technical term for transfer of fuel.

And yes, illegal bunkering is common in Nigeria Martine space.

Educationalserv:
Bunkering is not a criminal activity as misunderstood in Nigeria

This how to bunker a ship
It a legitimate refueling activities !
Let get a Mental case intoxicated Tonite ...

STANBIC30 and the likes are down at the moment. Seems like a good entry already.

HLion:
Good evening all, I need opinion regarding Aradel and Stanbic ETF 30. Would this be a good entry point for the prices ?

Tricky one, if they detect.

bassdow:
Alternatively, show your digital editing skills to constantly update the date so as not to wahala ya sef

Both can work. CW is now prominent too, just make sure the funds are not appearing as fixed or locked. Embassies want so see that you have access to the funds anytime, especially around yor planned travel period.

milliondollarma:
I have been building my Proof of fund on Cowrywise MMF for close to a year now. I am worried if I can present the statement as a POF or should I move the total sum to Stanbic MMF instead which is more recognized as a traditional bank. If I should move my funds to Stanbic, will it not be flagged as a lump sum?. How should I go about this please?.

Just recharge your meter with 1000 naira or the lowest possible amount on your platform. The new receipt will suffice, and it has 3 months validity for other uses.

Amya:
The utility bill I have for the old address is close to a year old. Remember the point of the KYC is for them to know where you cutrently reside, that's why they ask for current utility bill.

Stanbic can be difficult at times.

Neurotika:
A utility bill is proof of address, period. Asking for a second document to validate a utility bill is ridiculous. Standard procedure is for account officers to physically verify the address and write a visitation report. Our weak consumer protection laws are the reason companies get away with pushing this stress onto customers. Stanbic is particularly notorious for senseless KYC procedures.

Politics money.

Itzlinda:
Yari get money oo. 40 billion is something he can personally lose and move on.

I know even know how the man take make his money

No.

tenderjunkie:
Please do you have the MER fees for these funds?
I only know about Stanbic Equity fund with an MER of 3.0%

investmentvirus:
Akin

As an Investment Analyst and Fund Manager with over 20 years experience. With over 10 years experience in the Real Estate Industry. grin

Keep 70% of your money and Buy Dangote Refinery Shares once it comes out in September (Stocks) This is HUGEEEEEEEEEE. This Shares will re-design ones destiny.
Make sure u have your CSCS and Clearing House Number, a stock broking firm can help u with that.
So immediately Dangote Refinery IPO comes out, u invest as much as u can.
You will get dividends in dollars.
This is going to be the best decision u will ever make in ur life.


For Equity, this is High-Risk, High-Reward.
There will be sweet months, there will be bad months.
This the best time to invest in Equity fund, now that there is a major dip.
Put 30% into Stanbic IMAAN FUND or Zedcrest Equity Fund. (Zedcrest Annual Profit is Massive) U can buy both.
Then keep topping up every week or every month and watch ur money grow.
This should be a long term investment.
Watch your money compound over the years.
People will be wondering if u did jazz (Thats if u can keep for 8 years at least)
This will be the second best decision u will ever make ever. Sweet for Retirement Plan. tongue grin smiley wink shocked cool


Later, If u have loose change, invest it in Money Mutual Fund.

Come back and thank me later.

IPOs are not for retail investors. They are exit liquidity for the early investors. Don't expect profits soon. Alhaji needs to sort early investrors and lenders. IPOs follow a J-curve, sometimes dropping below IPO prices. Target price discovery range to enter.

dammybrite:
I am co-asking about the NREIT too.

Do they really pay the distributions in the currency of income?

Dividend is paid in Naira.

deathwing:
How does this work? Is it like a stock you can buy and sell? What is the dividend yield?

Yes. It is listed on the stock exchange. You can trade it, and earn dividends as well.

Just exit before they do.

Oasisblue:
I agree regarding TOE but FO na my guy o. I exited Geregu with 240% profit, although it took over a week of lisitng before I sold it all off, but it it was worth my while.

And whe they want to cash out....

mikeapollo:

Yet, these are guys that move stocks when they take over, especially FO.
Wetin we go do now?

The power generation business in Nigeria needs a lot of overhauling to make it profitable for shareholders. And for me, I have long ago, decided to reduce my companies with TOE and FO majority stakes. You need a very long spoon to eat from the same plate with them.

megawealth01:
I made a big blunder by transpower sha but na the dividends dey encourage me

They have seen the profitability and want to chop alone.

megawealth01:
I bought at 50+ naira... I don't know why they want us out when I have positioned it as one of my dividends oil well

Maresca betrayed the club because he wanted to be available for Shitty.

The market is about to see some volatility. It's time for astute traders to make some fast cash.
Some fingers will be burnt too.

yMcy56:
Let's see how far it could have positive impact....
Although it will come with its own disadvantages too......because price will be easily altered either positively or negatively... especially the big Caps.

Looks like the Rule was made for the big Cap stocks..... ARADEL, SEPLAT, AIRTEL, DANGCEM and the likes.. .
Especially SEPLAT and AIRTEL to enhance liquidity...

Maybe 1k to make it worth the waiting of the locked up period.

mikeapollo:
Isn't the PO slated for Sept this year? So how come 12 months?

Most likely you bought NAHCO during COVID. I averaged up so, I'm no longer around your returns.

KarlTom:
Some of us are sitting pretty on over 600% profit.

Except a 'tsunami' happens, those stocks are for keeps...

Use your kettle wisely

mank1234:
I chatted them. They said WYSIWYG. What I see topped up to my 5k investment correlates with my calculations.

On the question of how they are able to pay higher, they sent to me their factsheet but I'm unable to interpret well. As at December: 0.7% cash, 20.6% commercial paper, 25,1% treasury bills, 53.6% fixed deposits. The returns from each of this instrument wasn't mentioned.
65% of the instruments were maturing within 0-90days, 28% 91-180days,
7% 181-364days. And the YTD return was 20.67% against benchmark of 17.21%.
Can you make meaning from these numbers?

Good then.

Nope. It applies both ways.
It is taken off the sellers account, appears on your account but not settled (fully yours) until settlement is completed.

Investcom:
Xplain pls,...why will l not qualify. I thought t +2 applies to only sell. And buy is immediate credited to my cscs

How about T+1? It won't settle in his account till the 14th.

Forgive my maths, if I'm wrong.

jonnysessy:
Monday 13th April 2026 is the qualification date. You are very qualified to benefit from the dividend.

doggedfighter:
The thrills of equity 😁

Stay focused. Don't get carried away.

mank1234:
I see STL and Trustbanc MMF give rate in excess of 19% whereas other like Stanbic gives below 16%.

Considering that treasury bill hovers around 16%, how is STL able to generate this high rate?

Does anyone have link to their factsheet? I have not seen their factsheet in the online app.

Check well, that's likely before they deduct their fees.

Check well, that's likely before they deduct their fees.

mank1234:
I see STL and Trustbanc MMF give rate in excess of 19% whereas other like Stanbic gives below 16%.

Considering that treasury bill hovers around 16%, how is STL able to generate this high rate?

Does anyone have link to their factsheet? I have not seen their factsheet in the online app.

Thazard:
Instead of this fluctuations, isn't piggybank safelock better?

If you're cool with safe locks, then you can invest directly in t-bills and bonds and earn your full rates.

If all you're investing is 5M, 2 classes is best. Depending on your risk appetite:
Aggressive: EMF & Balanced (50/50, or 60/40)
Moderate: fixed income & balanced (60/40)
Conservative: fixed income & balanced. (70/30)

This is given for perspective. Do your own research.

bassdow:
No matter the Asset manager e.g Stanbic , Norrenberger, firstAlly, etc, so long it's MMF, the interest rate is not static. It changes on daily basis hence there's no guarantee an interest rate of 20.52% on Monday morning wouldn't go higher or lower by evening of same day.

If you wanna lock in rates, better go with the likes of FGN bonds, Treasury bills BUT those doesn't support automatic compounding.

In other words, that you started with an interest rate of 20.52% doesn't guarantee it would remain at that. it could go higher or lower or very lower or very higher depending on state of the economy.

AnyOne looking for inSane interest rates should go on their Knees on top the highest mountain and pray for the economy to really go bad the CBN would have to raise interest rates.

NB: if you get mind, and willing to tae the cool risk, you could split said funds into 5 parts and invest 1 million naira in MMF, invest 250,000 naira in Stanbic IBTC's Nigerian Equity Fund , another 250,000 naira in Ethical Fund , another 250,000 naira in Imaan Fund , then the remaining 250,000 naira in Balanced Fund

mind you after doing the above, be prepared to leave the funds for at least 1-year or 1-year 6-months and if your heart ain't strong enough, don't look at them for those periods as it can be going up and down BUT even if it's in Negative, so long you don't attempt to REDEEM, it's still not a LOSS. They all have the capacity to really earn yyou much higher than MMF but you have to give them at least +1Year

Your daily return is based on the day's rate

Thazard:
Please i have a question.


If I invest 2 million at today's rate of 20.52% and tomorrow, the rates keeps dropping down till the end of my tenor.

Will that affect the rate i invested on?

aj8:
Yes, you are quite right. Liquidity-induced craziness (volatility) is the “game”. Requires patience, familiarity, and knowledge. No one that understands ETFs in the Nigerian market will touch Stanbic IBTC ETF 30, NewGold ETF, and quite a few others at their current prices.

The trick is to be guided by their NAV with respect to what the ETF tracks and also their historicals. Many get burnt not knowing this. Buy close to their NAV. Never buy an ETF without first checking its latest NAV. Prices will always be at their highest in January /February and rotate back towards their NAV. Also note the dates the funds are rebalanced (sometimes twice a year) by the fund managers. Very important.

I traded STANBIC30 for good trade. Look at the charts, you'd see 2 tops, I rode both, and exited before reversal.
Waiting for the next both to enter.

Beeron:
I just finished a T.A on this and realized, Only the price is too expensive at this time for it, however, volume is moderate (NOT HIGH) but seller will exercise a little bit of patience before position sells off.

Except you're planning to hold for long, with a fair understanding of TA, you can go in and out in swing trades. Easy money.

feelamong:
This should have been done like 15 years ago

Thats why i pity those people buying coys without any foundamentals....in the next few months a few stocks i know will fall to 50kobo and would be delisted from there

I am aware of the plans by NGX to delist a lot of useless stocks in the coming months....Just watch this space

They want to tidy things up.

ETF has gained attention lately. Just know it's more of pump and dump for now. See that charts.
And liquidity issues as well.

aj8:
Don't try this unless you are conversant with ETFs on NGX. You must familiarize yourself with the ETF’s NAV before you buy. Buy only if the price makes sense, close to NAV. Yes, if it makes Common Sense. It’s easier to run this on ETFs because of their volatility.

Happy Easter 🎁🎁📦🎁 to you and your family. Let His Light shine.

Remember to never sell all your shares, leave at least 1-10 units for the Registrars to keep you on their register for ease of payments. That way, you won't need to fill out a new mandate form.