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Family / Re: Nairaland Easter Giveaway 2021 Edition by DaBogu: 6:00pm On Mar 28, 2021
iamoyindamola:
Is this a joke
is this rather not shameful of you to make such statement?
Investment / Re: FGN Savings Bond by DaBogu: 4:43pm On Mar 28, 2021
inspirator1:

.
Thanks for your response. However the 4% is it quarterly or yearly
You are paid 3 times in a year kindly read the details on www.dmo.gov.ng
Investment / Re: Treasury Bills In Nigeria by DaBogu: 10:11am On Mar 28, 2021
EarlyCareer:


True, ARM is much bigger, and are also pension managers. Good that they are doing this. As I said, i am yet to see Morgan capital's own. Maybe because they are stockbrokers and sell some bonds here and there....I might be wrong, and would also appreciate the correction

lack of or generally unclear regulations plague this sector. With time, and better people at the helm of affairs, things might improve, I guess.
ARM is still the best in my own opinion, very fantastic customer service.

1 Like

Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 10:01am On Mar 28, 2021
wilmaria14:
20k
Can over u d inverter SMR

Panel 400w as @valto said nd give u for 55,500
Cc too but for battery u done hear from him go ur self to ojota to get it sir
I don't get the bolded
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 9:34am On Mar 28, 2021
wilmaria14:
no sir dat is not d point 30meter of cables is much probably you are living on a two-story building
No, one storey building o
Investment / Re: Treasury Bills In Nigeria by DaBogu: 9:30am On Mar 28, 2021
seyisanya:
Analysis paralysis will eventually paralyse some people's journey to wealth creation. Yes, due diligence is very essential. However, when you're too sceptical about everything, you will end up doing nothing to achieve financial freedom. There is no need to re-invent the wheels when it comes to investment; simply do what wealthy people have successfully done over the years.

Determine your risk appetite and go for what works for you:

Low Risk = Treasury Bills, Mutual Funds, Fixed Income, Bonds...
Medium Risk = Real Estate Ownership, REITs...
High Risk = Stocks, Establish a business...

Putting your money in a venture that promises a 10% per month return shows how greedy you are. In fact, it's a waste of time to do any due diligence in this case. It's simply a no-no! 120% per annum!! Haba!!! And we should stop deceiving ourselves with the phrase ''the money you are willing to lose'' - what does that even mean? Even if you're a billionaire, why should there be a percentage of your riches that you're ready to lose?

One of my mentors always says: If you're too careful, you'll be careless!
Oga no vex, abeg this REITs, is it like FG savings bond where we are paid 3 times a year upfront or like treasure bills paid upfront depending on the tenor on choose? Kindly educate me. Thanks.
Investment / Re: FGN Savings Bond by DaBogu: 9:25am On Mar 28, 2021
freeman67:
CBN savings rates has gone above 2 and 3 years have gone above 4%. Attached is the notice I received from my broker.
Thank you for the information
Satellite TV Technology / Re: Free To Air Satellite Tv General Thread by DaBogu: 9:23am On Mar 28, 2021
Penuelseun:
lol, you don reach here again. What is your budget and what type of entertainment do you want?
Boss, atleast make we self enjoy wetin you dey enjoy. Movies, football, telenovela, animal channels, music and religious channels. what's the least amount for FTA?
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 9:20am On Mar 28, 2021
wilmaria14:
boss even with d installation cable e no reach 50k how much be cable na maybe he is buying 50meter of 10mm grin
meaning the installer wants to rip me off
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 9:19am On Mar 28, 2021
Penuelseun:
@valto has said it all, @dabogu the ball is in your court.
Thank you
Satellite TV Technology / Re: FTA Live Football Matches Announcement Thread by DaBogu: 9:18am On Mar 28, 2021
Hotnholy:
This page seems inactive. Good day fellas. For unlimited premium dstv now account for all channels using your smartv, laptop or phone contact me ubamaholy@gmail.com.
What's this smart TV
Satellite TV Technology / Re: Free To Air by DaBogu: 9:17am On Mar 28, 2021
bigabbey:
yes
Please, I am a newbie and would like to install this free to air
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 9:12am On Mar 28, 2021
Valto:
your normal Ceiling fan is what i meant by AC fan. DC fans the type that can work directly on battery or uses adapter m it consumes far less energy than normal fans.

the installers quote is not bad if he is truly going to buy all this.

u are yet to mention the name of the 150k inverter
incase u prefer standalone solar system, there is an SMR power 3.5kva inverter with good review here, u just buy it with a good 60A mppt Cc, then u are good to good.
Pureswine wave but if it a stand alone solar, the idea is I want a situation where back up time can last for 12hrs.
How much is the SMR power inverter
Satellite TV Technology / Re: Newbie In Satellite Installation: Introduce Yourself Here With Your Problems by DaBogu: 9:08am On Mar 28, 2021
umbo:
go for csat ,I have used it for many client
How much is it and how do I install, I am a newbie kindly out me through
Satellite TV Technology / Re: Free To Air Satellite Tv General Thread by DaBogu: 9:05am On Mar 28, 2021
Please how do I go about the free satellite tv kindly help me
Satellite TV Technology / Re: Solar Energy, A Complement To FTA by DaBogu: 9:03am On Mar 28, 2021
ojeysky:


Actually it may be too small but it depends on the backup time you so desire
12hrs back up time
Satellite TV Technology / Re: Solar Energy, A Complement To FTA by DaBogu: 9:01am On Mar 28, 2021
mctfopt:

Not bad...
I should go with Felicity Batteries?
Investment / Re: FGN Savings Bond by DaBogu: 9:00am On Mar 28, 2021
inspirator1:
Please I'm a novice on this and would love to invest.
.
Please explain to me the difference between FGN Bond and FGN saving bond
.
Please also tell me about Treasury Bill; what's it all about?
.
Please how and through with medium can I invest in the above listed terms.
.
Thanks for your help.
Read about FG savings bond from the first page.

There is a thread for treasury bills

You can use any of the banks to invest in any of the above mention items.

Current rate of TB for a yr is 7%
FG savings bond for 3 yrs is about 4% not so sure
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 8:57am On Mar 28, 2021
Valto:
if u are in lagos, why not get these stuff yourself. if u can't go to alaba, u can get thier contacts, they can waybill to your location. but u have to go to ojota yourself to purchase the batteries

as for the 50k quote, it might be installation cables and other stuffs
You mention AC ceiling fan, I don't have a ac ceiling vans, but what's dc ceiling fans.


Installers quote

1. 100Amps DC breakers 1piece = #3000

2. 63Amps DC breaker 1piece = #2500

3. DC Surge #5000

4. AC Input breaker 1pc #2500

5. AC Output breaker 1pc #2000

6. 6mm 2core flex cable 30m = #550 x 30 = #16,500

7. Breaker box = #2000

8. Aluminum profile and its accessories = #10,000

TOTAL = #43,500
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 8:50am On Mar 28, 2021
Valto:
what is your location? i advise u buy these things yourself, and get an installer from this thread to fix it for you.
Thank you, I am in Lagos. Is it good to use prepaid to charge this inverters?
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 8:45am On Mar 28, 2021
Valto:
note. am not a reseller, but let me give u better quote
buy
mustpower 24v 3kva hybrid pure sine wave inverter with 80A mppt inbuilt CC, from direct dealer auxano solar at alaba for 175k

3pcs of 400w yingli mono panels @ 58k each, from yingli main distributor at alaba(u are better off with 4pcs,if there enough funds)

2pcs of original 160ah AGM slim FULLRIVER battery @105k each, from their ojota office

your load plenty sha. if u can replace some of those Ac ceiling fans with dc ceiling fans and those 20pcs bulbs with 3w or 5w AKT or ctorch bulbs.
pls stay away from felicity gel batteries. original Fullriver can last u minimum of 4yrs
the prices i qouted here is real and the best option for you. cheers smiley

Thank you for your response,
the installer he gave me is charging 30 extra for installation and ask me to buy some item costing 50k. Is this how expensive these things are?
Science/Technology / Re: All your Inverter problems by DaBogu: 8:41am On Mar 28, 2021
bomb1:


Step1: Place your change-over to "neutral" to prevent PHCN or Gen supply.
Step2: Press the "DG Mode" button on the Inverter for about 10 secs till you get a beeping sound
Step3: Return your power source as appropriate to PHCN or Gen

You should be fine now.
Thanks
Satellite TV Technology / Re: Solar Energy, A Complement To FTA by DaBogu: 8:36am On Mar 28, 2021
here is a quote I got from a seller
is this not too much for 20 white bulbs, 1 TV, 6 ceiling fans.
Kindly note, I use prepaid meter

3.5kva 24v inverter 150k
4 pcs of 280w panel 35k each= 140k
2pcs 200Ah Felicity Battery 95k= 190
60A mppt charge controller 60k
Science/Technology / Re: Crypto Traders & Investors In Nigeria , Come In. by DaBogu: 8:32am On Mar 28, 2021
Bernardhill:
I have 100k I wanna invest on crypto , What Crypto is advisable to hold long term ? And due to the ban in Naija , where can I buy and hold?
You can buy through p2p. I will advise you spread the 100k into Ada, Klv, and BNB
Science/Technology / Re: Solar Installation For Your Home And Business by DaBogu: 8:22am On Mar 28, 2021
Good work where are you based?
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 8:18am On Mar 28, 2021
Penuelseun:
first of all, 300w load on a bluegate 650 ups is too much, get a 1.2kva inverter for that, the capacity of your solar panels depends on your battery capacity and if you want to run your load during the day while charging the battery
A rule of thumb I always adhere to is to use 600watts solar panels and a 50a charge controller to every 200ah battery. Tell us your budget first and what you have on ground
Please this is the quote that was given to me by a seller

Quote
-3.5kva 24v inverter 150k

-4 pcs of 280w panel 35k each= 140k

-2pcs 200Ah Felicity Battery 95k= 190

-60A mppt charge controller 60k

I told him it 20 white bulbs, 6 ceiling fans, a TV and that's the quote he gave me plus he said I will still get am installer to come install it, I feel this is too outrageous. Please kindly help
Science/Technology / Re: How To Create A Locally Made Inverter With Ease by DaBogu: 8:12am On Mar 28, 2021
Penuelseun:
if you are looking to reduce your electric bill, then charge your batteries solely by solar, except on occasional bad weather days
Thank your response, my concern is that I use prepaid meter and I understand that solar panels inverters use Solar and Inverter, my concern is the power to charge the inverter considering that am using prepaid which is not like postpaid, I don't know if you understand my point
Investment / Re: Treasury Bills In Nigeria by DaBogu: 8:09am On Mar 28, 2021

2 Likes

Investment / Re: Treasury Bills In Nigeria by DaBogu: 6:05pm On Mar 27, 2021
emmanuelewumi:
Return of my money is more important than the return on investment.

People who have worked hard for their money, will always asking probing questions before they invest. Maybe that is the reason why I have never been scammed.

I remember asking questions in 2007 from the promoter of Sefteg. My probing questions were becoming too much, to the extent that some people who wanted to invest were becoming skeptical.

They had to take me to the inner office so as not to spoil their show. They asked if I wanted to make money, answer yes or no. So why are you asking all these questions. I told them, I needed to know how they will make money that would pay us 10% every month.

Since they could not convince me, I went home.

Two months after Sefteg went under and investors lost billions of Naira.


We should always ask relevant questions before investing our hard earned funds
emmanuelewumi:
Return of my money is more important than the return on investment.

People who have worked hard for their money, will always asking probing questions before they invest. Maybe that is the reason why I have never been scammed.

I remember asking questions in 2007 from the promoter of Sefteg. My probing questions were becoming too much, to the extent that some people who wanted to invest were becoming skeptical.

They had to take me to the inner office so as not to spoil their show. They asked if I wanted to make money, answer yes or no. So why are you asking all these questions. I told them, I needed to know how they will make money that would pay us 10% every month.

Since they could not convince me, I went home.

Two months after Sefteg went under and investors lost billions of Naira.


We should always ask relevant questions before investing our hard earned funds
emmanuelewumi:
Return of my money is more important than the return on investment.

People who have worked hard for their money, will always asking probing questions before they invest. Maybe that is the reason why I have never been scammed.

I remember asking questions in 2007 from the promoter of Sefteg. My probing questions were becoming too much, to the extent that some people who wanted to invest were becoming skeptical.

They had to take me to the inner office so as not to spoil their show. They asked if I wanted to make money, answer yes or no. So why are you asking all these questions. I told them, I needed to know how they will make money that would pay us 10% every month.

Since they could not convince me, I went home.

Two months after Sefteg went under and investors lost billions of Naira.


We should always ask relevant questions before investing our hard earned funds
In your own opinion and experience, what questions should we ask?

1 Like

Investment / Re: Treasury Bills In Nigeria by DaBogu: 5:45pm On Mar 27, 2021
Leezah:
What are you thoughts about, Yochaa, Nairang & Trove?
Yochaa is a trading partner with cardinal securities,
Nairang no idea
Trove are s a trading partner with arm securities, arm have been in business for over 16yrs
Investment / Re: Treasury Bills In Nigeria by DaBogu: 5:31pm On Mar 27, 2021
OgogoroFreak:
So how long would a fund manager manage funds successfully before you consider them "experienced"?
10-15yrs

4 Likes

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