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Technology Market › Re: Exchange Rates Of International Currencies >>>Updates on First Page<<< by coderXO(m): 7:30am On Oct 13, 2015

Please anyone in the house that uses Standard Chartered for foreign inflows?

Technology Market › Re: Inverter Issues According To Makes And Their Solutions by coderXO(m): 10:05am On Oct 12, 2015

tumababa:
Good. Been using for over 18months and still get 18hrs on it. 1.5kva. I have never called anyone to do anything on it.

Hello what brand of battery do you use?

Business › Re: How Much Did You Exchange The Dollar For Today? by coderXO(m): 9:29am On Oct 12, 2015

dned:
I mean they dint allow me to withdraw in cash at least the minimum stipulated $300 per day by the CBN

$300 limit is on card transactions. That has nothing to do physical cash withdrawals in the bank.

You still did not mention the bank.

Business › Re: How Much Did You Exchange The Dollar For Today? by coderXO(m): 2:07pm On Oct 11, 2015

dned:
Please I am transferring e-dollar from a bank to another within Nigeria...how long doea it take?

My reason was because the initial bank rwfused to allow me withdraw at least $300 in cash as stipulated by CBN .

Which bank did this? Which kind CBN stipulation?

Agriculture › Re: Planting Ugu This Month On An Acre Of Land by coderXO(m): 6:11pm On Oct 09, 2015*

Hello there. I am interested in this. How does one get started?

Computers › Re: Inverter Users : Lets Have Your Experience by coderXO(m): 3:14pm On Oct 09, 2015

adanny01:
Am just a user so have no experience with various brands.

My only advice is avoid made in china.

which do you personally use that has been good for you.

Computers › Re: Inverter Users : Lets Have Your Experience by coderXO(m): 3:09pm On Oct 09, 2015

spinola:
He can charge his battery using Solar Panels. In Nigeria quality 200 Watts Solar Panels are available for N27,000. You can do a lot even with a 500W Inverter

Hey what capacity and brand of battery was hooked up to this setup?

Computers › Re: Inverter Users : Lets Have Your Experience by coderXO(m): 3:05pm On Oct 09, 2015

adanny01:
Any 12V inverter which are usually between 0.8-1.2kva will suit you well. This should be used with one 12V 100ah, 150ah or 200ah.

Hello sir, what battery brand would you recommend?

Technology Market › Re: Inverter Issues According To Makes And Their Solutions by coderXO(m): 2:28pm On Oct 09, 2015

tumababa:
Good. Been using for over 18months and still get 18hrs on it. 1.5kva. I have never called anyone to do anything on it.

What brand of battery do you use, or recommend?

Business › Re: How To Make $1,000/month Writing And Researching Online by coderXO(m): 12:05am On Oct 09, 2015

twosquare:
About Payoneer withdrawal to bank inquiry.... Who understands the last part?

Not quite sure this applies to us here in Nigeria.

But generally you can swipe your card in many countries at POS terminals while paying for something and also get "cashback"

Your card will be charged for what you purchased + the amount you requested.

The cashier will pay you out of his/her drawer cash.

That's what came to mind when I read that.

Adverts › Re: Prime-Link Global Communications [Nairaland] Customer service. by coderXO(m): 4:58pm On Oct 08, 2015

Just did a PayPal to Naira transaction will solbash11. Delivered on time and as promised. Thumbs up.

Adverts › Re: Prime-Link Global Communications [Nairaland] Customer service. by coderXO(m): 6:29pm On Oct 07, 2015*

hello solbash11

Business › Re: Welcome-Hisenjos Fiverr,Freelancer via Payoneer Skrill Exchange Customer Support by coderXO(m): 6:02am On Oct 04, 2015

Just did a PayPal to Naira transaction with hisenjos, and he delivered as agreed. Thumbs up.

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 3:19am On Oct 02, 2015

manie:
I am sure you are older than 18 years old, do not wait till you are old before you start investing in real estate, I was a teenager when I opened my first bank account in 1985 and as a 200 level student at UNILAG I bought my first shares in 1992.

I was been cynical

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 7:19pm On Oct 01, 2015

I like the debate.

For the fellow who mentioned a stock, that is not applicable in this argument.

A good stock will pay dividends, and can as well appreciate in value to 100% to 200% to whatever.

Likewise, your stock can be worthless just as fast as it shot up.

---

When I grow up, I will have more property than anything else. That's me. That's where I'm headed.

---

It is very risky to hold too much "paper" especially of an unstable currency.

Physical assets, you hardly can go wrong.

1 Like

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 4:39pm On Oct 01, 2015

carpenter:
Oga if you have a striving business, you should be investing your money in your business not bonds or T-Bills or even shares of other companies...that's the way it works.

I don't expect Dangote to be investing his money in another man's business unless he is planning a takeover.

Thus, those here putting money into these bills here should be putting their money into their businesses rather.

Business › Re: How Much Did You Exchange The Dollar For Today? by coderXO(m): 3:41pm On Oct 01, 2015

Eyop:
Bro,i am not aware of this new CBN policy except this is only applicable to that GTB branch. You shouldn't have sold it to them except the USD wasn't much. I was @ access bank yesterday and a guy cashed USD over the counter and also wire transferred some funds too. Access bank is a neutral bank here and why is this CBN policy not affecting them? Well they succeeded in doing that to you but they can't try that with me.

This seems to be an internal policy by GTBank. Take your USD elsewhere.

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 3:37pm On Oct 01, 2015

Moses247:
Lol Just Incase We Forgot, This Is Not A Real Estate Thread ooo biko, it's Treasury bills ooo...enough of this real estate stuffs.

It is worthwhile to know the pros and cons.

Some are sounding as though TBills are fool-and-error-proof investments.

Trust me, in some cases and a weak economy, you are just offsetting price inflation at the end of your bill/bond term.

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 2:39pm On Oct 01, 2015

Moses247:
Lol Just Incase We Forgot, This Is Not A Real Estate Thread ooo biko, it's Treasury bills ooo...enough of this real estate stuffs.

It is worthwhile to know the pros and cons.

Some are sounding as though TBills are these fool and error-proof investment.

Trust me, in some cases and a weak economy, you are just offsetting price inflation at the end of your bill/bond term.

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 2:35pm On Oct 01, 2015

seguno2:
It seems everyone is overlooking the capital growth of real estate which is absent for T-bills.

i tire.

@yomi007k, google nthc ghana

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 11:59am On Oct 01, 2015

Let's not be in a hurry to hoard paper assets. The above example I have made shows you exactly why.

Physical goods/assets will change price according to inflation and currency value.

Nuff said.

yomi007k, you need to go to Ghana and be a Ghanaian to buy them directly, but you can buy indirectly via funds.

You need to be careful because the example I made above also applies to them.

Any govt that pays high interest of loans do so because the know it is a high risk investment to the investor.

The interest is increased because of instability and low buying power of the currency as well as inflation.

$1, 5 years ago is still pretty much $1 today.

You cannot say the same for N1 or 1 Ghanaian cedi.

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 9:08am On Oct 01, 2015*

@mekaboy, @carpenter

Let's go ask Dangote if he has any Ghana or Nigeria bonds.

Ghana pays 23% on my last checking.

Nigeria pays 14%.

Or better yet, let's ask them which they hold more since they have financial experts managing their money.

If any of us NL know's Dangote, Otedola, Adenuga's people abeg make una ask them what they own more of.

Physical assets or paper investments (not including stock).

Don't even get me started.

This time last year $1 was N160. Today it is $1 to N220.

Mr Adenuga put in $1m at N160 = N160m , at 13% for a year October last year. He gets back N180m today

N180m today is currently $900,000.

I needn't say more.

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 4:45am On Oct 01, 2015

mekaboy:
Lol. 10m house in a reasonable place will fetch between 250-400k.

350k rental for 5yrs 1.750m plus 5m yearly appreciation =6.750m.

Now if u trade treasury bills with 1.5m annually from bonds. u will have up to 9m

Now after u sell that your house, deduct 15% agent fee and lawyer agreement.

Fees in property are typically 5% or less when you enter high millions.

A 10m budget can build you (2), two-bedroom flats, and definitely will not rent at less than 400k each in a good area.

Bonds, Bills, Property: all good to invest granted that you do your due diligence. But none compares to Property.

If bills/bonds are so tasty, why aren't all the world's billionaires flocking to put money into them? $10m will fetch you a cool $1m per year won't it?

And lets not forget, governments do default on debt.

Give me your comeback on that one.

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 8:52pm On Sep 30, 2015

mekaboy:
Assuming you buy a property for 10m and it appreciates hopefully with 10% every year, in 5 years that property will be worth 15m.

Now if you buy bond of 10m for 5yrs and you just put the interest in an account not touching it, in 5 years you will have 17.5m assuming the bond is 15% a year.

That means your bond pays you 1.5m a year. Now assuming your trading tbills with that 1.5m annually, you could have a total of 19-20m in 5yrs.

10m which is your initial investment and 9-10m from trading interest.

So while your 10m property is now 15m in 5yrs your 10m in bond has become 20m.

Funny analysis. Still not correct.

Consider you start living in your built house, that is (minimum) N1m no longer goes to rent you were paying landlord. Over 5 years, that is N5m saved plus your property appreciation itself.

Let's assume that you already had a house; at the very least a N10m house should fetch you anywhere between N800k - N2m annually depending on location, by renting out. Then add that to your 10% appreciation.

And trust me, property does not appreciate linearly.

They don't compare.

1 Like

Investment › Re: Treasury Bills In Nigeria by coderXO(m): 5:42pm On Sep 30, 2015

yomi007k:
Real estate is not a bad idea but u need to consider a lot of factors.
1. Do u like omo onile stress?
2. Do u hav d finances to complete d structure.

3. If u finally complete d structure, will d returns be worth it?
I knw someone who used about 1.5M to build a room- and parlor. Only for dem to be asking 60k per year.

1.5M on T-bill @ 13 percent will give u abt 180k.

Different folks sha

You have it totally wrong.

He is getting a 60k per year currently. I guarantee it will not be 60k in the next 3 years.

Secondly, the value of the property itself will have appreciated in 3 years as well.

Not comparable at all. Not even close.

1 Like

Satellite TV Technology › Re: Free To Air Satellite Tv General Thread by coderXO(m): 2:31pm On Sep 29, 2015

All you selfish people telling others to stop posting stuff because you already have it. Mtschew, If someone did not post it, would you have it? If it gets blocked, what? Will you die? Secondly you think too much of yourselves. You think because of you handful Nairalanders someone will block a access to a sat.

If it gets blocked so be it, find something else and stop crying please.

IRIB went and it has nothing to do with what was been posted.

Are you dead now?

If you want to deride others for not following rules of the forum stop contravening copyright law and legislation and using keys to access content you did not pay for.

True FTA does not involve using mago mago to watch a station. No keys, no droid boxes, no sim card decoders.

FTA means you put in the tp and it pops up on your screen, end of.

Stop crying. Enjoy what you have while it lasts. If it ends move on.

End of.

8 Likes 2 Shares

Satellite TV Technology › Re: Free To Air Satellite Tv General Thread by coderXO(m): 5:35am On Sep 28, 2015

oromia ke?

Business › Re: How Much Did You Exchange The Dollar For Today? by coderXO(m): 5:33am On Sep 28, 2015

For informational purposes for the thread, has anyone withdrawn foreign currency CASH from any bank at all in the last 7 days?

Please state the circumstances.

Bank name,
Currency,
Funds source

Thanks

Travel › Re: A Discriminating Experience In Poland by coderXO(m): 8:52pm On Sep 26, 2015

princetunex:
Sir, it's 121 likes, 2 shares and counting. You still av 3 likes

Sense is obviously not common.

Satellite TV Technology › Re: FTA Live Football Matches Announcement Thread by coderXO(m): 4:50pm On Sep 26, 2015

mayamiko:
Southampton vs Swansea on feed 1 amos5

abeg wetin be the tp, it need kokoro?

Business › Re: How Much Did You Exchange The Dollar For Today? by coderXO(m): 2:31pm On Sep 26, 2015

For informational purposes for the thread, has anyone withdrawn foreign currency CASH from any bank at all in the last 7 days?

Please state the circumstances.

Bank name,
Currency,
Funds source

Thanks

Satellite TV Technology › Re: FTA Live Football Matches Announcement Thread by coderXO(m): 7:29pm On Sep 25, 2015

Reims v Lille, toute de suite direct TV5 MONDE

1 Like 1 Share

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