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DigitalMallam's Posts

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Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 7:37pm On Apr 05
Omotolani513:
@DFPS Please do you mind sharing the rate you got with Stanbic. Thank you
You can try CP too, there are couple of them out there still available with even better rate than TB.

1 Like

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 7:14pm On Nov 28, 2023
freeman67:


He is not looking to make a new investment, he talking about the already subscribed SUKUK VI.

There are other CP's with higher rates; like SKDL and Robust international with coronation. My issues with TB is the sudden 10% WHT they are deducting from accrued interest these days.
Thanks, I didn't read the request well.
I did Sukuk V last yr. It took approximately a month before the advice came through. I remember calling my broker repeatedly and they had to explain the process. Until the DMO aggregate the subscription and announce % over/under subscription in a press statement - which take btw 2-3weeks. Individual investor will have to wait.
More importantly, one won't get the exact amount subscribe, as it's usually oversubscribed to, another one week will pass before your excess money will be credited to your account.
Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 6:24pm On Nov 28, 2023
keeper303:


Please anyone with information about the 6th fgn sukuk bond? I have not heard any news since I made payment.
That should be next year September.
It's done yearly based on past occurrences. You should have tried MTN CP @16%, ended just yesterday.

1 Like

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 8:52pm On Aug 01, 2023
abraolas1:


Hi All,

Is there any dollar instrument, account or funds one can invest in with better interest rate or dividend

Not looking at fintech in this instance , any advice will be appreciated .
Banks and other reputable financial houses do USD Euro Bond (btw 5 - 6% interest pa).
Try United Capital PLC.
You won't regret diversifying your portfolio

2 Likes 1 Share

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 8:44pm On Aug 01, 2023
spencekat:
It will keep on increasing till we reduce our dependence on importation generally.
But what is other W/A countries doing differently from Nigeria. Few years back 1k Naira is about 2.5k CFA Franc. Today 1CFRA Franc = N1.29
Yet Benin Republic economy depends largely on what happens in Nigeria, they also import virtually everything they consume just like Nigeria. Why is FX pressure not felt as much as we have in Nigeria?
I honestly need to know what they are doing right which Nigeria don't do.
Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 6:00pm On Jul 08, 2023
Fyabdul:
Account number: 0024904846

Account Name: SISL/FGN SAVINGS BOND

Bank: Stanbic IBTC Bank Plc

Good evening all. Please how authentic is this above account? I received a mail that FGN Bond for 2 and 3 years are available and will close by Friday.
I don't have cscs account yet but said I can still bid. Please advice me.
This is in the public domain, check DMO website monthly.
To participate, walk into your bank to fill the form.

2 Likes

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 6:47pm On Jul 05, 2023
Starboytwo:
I’m looking to divest my BCH(all) for lite coin.

1- cuz of the halving I’ve heard so much talked about coming up in a months time and it’s very cheap at the moment, about $100.

For BCH, I’ve read a couple of things online and mostly, they all talked about the price going back to previous low or something of such. And it’s really been down for a couple of days. Can or will it’s still go up?

Is this a smart move or just chill and watch?
You've been lucky enough to get in early, sell the fuckin BCH & lay ambush for another free fall. It's surely going back to status quo.
And for the LTC, it might not rise quickly as you wish. Have you ever heard of "Buy the rumor, sell the news" - the hype is already factored into the price you see now. Go and read about ADA
LTC price will rise if you are willing to wait, wait and wait. This game favors only the patient dog.
But what do I know - things might just turns out the opposite of the gibberish I just wrote

3 Likes

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 3:51pm On Jun 16, 2023
feelamong:


Send an email to this guy...he will sort this out for you

ootenaike@cscs.ng
Thank you sir.
Said my payment returned with invalid nuban no.
Will sort that out.

5 Likes

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 3:49pm On Jun 16, 2023
primzi:
@Feelamong, you are doing a great job and i really appreciate your efforts (sure a lotta others do too) thanks men! keep up the good work and GOD bless.

2 Likes

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 5:18pm On Jun 15, 2023
DigitalMallam:

Yet to get mine
Still can't fathom reason behind this (sukuk v rentals due since June 2nd). CSCS and my broker ain't saying much. Keep telling me they are checking..
Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 8:20pm On Jun 07, 2023
Foodempire:


Same here! God bless the Federal Republic of Nigeria and may we all reap bountifully in her harvest.
Yet to get mine
Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 11:38am On May 11, 2023
Foodempire:


As seen online.... A moratorium is a pause on payments for a certain period of time. The reason is typically financial hardship and the period of the moratorium is agreed upon with the lender. Knowing the difference between grace periods and moratoriums, and utilizing them appropriately can help with financial planning strategies.
From a colleague "..after 2yrs of purchase, one will be getting part-principal repayment on the bond. Hence the value of the coupon reduces over time "
Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 8:58pm On May 10, 2023
Apitch:


Is my eyes paining me or am I seeing a 24-months moratorium?
Could you please shed more light on this clause. What exactly does it implies?

3 Likes

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 12:37pm On Feb 04, 2023
Tohmey:
Good day to you all, please help and recomend a legit fixed deposit platform that can yield up 15%-18% per annum with a minimum of 1,000,000
None that is legit.
Your best option for now is to go for commercial papers

3 Likes

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 12:05pm On Jan 12, 2023
yinkaoke:
Please any details about Nigerian breweries CP??
As seen online..
What is the rate?

Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 10:41am On Dec 30, 2022
yungestmoney:


Mine hasn't still reflected in portfolio.
Yeah, but have received advise from my broker
Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 4:32pm On Dec 28, 2022
Learner247:
@DigitalMallam and @Yungestmoney, if you bought through your stockbroker, you will see it in your portfolio.

I didn't get any email, I just saw it alongside my stocks in my Portfolio. Meanwhile, I got 100% allocation, perhaps because mine was just a modest sum.
Many thanks.
I've been able to activate and access my CSCS acct, but yet to reflect in my portfolio.
Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 7:40pm On Dec 27, 2022
Learner247:


It already reflected in my CSCS since last week Monday or so.
Really? I did contact my broker and was advised to be on the lookout for their mail.
I was also waiting for some refunds due to the fact that it was oversubscribed.
How do I check/access my CSCS account.
This is my first Sukuk.
Investment / Re: Treasury Bills In Nigeria by DigitalMallam: 9:22pm On Dec 05, 2022
Published in DMO In The News


The Debt Management Office (DMO) is pleased to inform the public of the successful conclusion of the Issuance of N100 Billion Sovereign Al ’Ijarah Sukuk. The Offer for N100 Billion opened on November 21, 2022 and was supported by wide public sensitization to encourage subscription from diverse investors, particularly the retail investors. The initial Offer size of N100 billion was upsized to N130 billion due to the over 165% Subscription level. The Sukuk was issued at a Rental Rate of 15.64% per annum.

1 Like

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 7:50pm On Nov 05, 2022
XaToXi:


Heard USA is planning to stop accepting bills older than 2021 to checkmate stockpiling in Africa. Other allies were enjoined to follow suit.

Demand for USD dropped and NGN seems to be gaining strength for now.

BTC might be the next alternative for the criminals and politicians stockpiling cash outside banks.

N745/$ incoming ...

https://thenewsnigeria.com.ng/2022/11/05/usa-moves-to-checkmate-dollar-stockpile-in-africa/

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 7:23am On Dec 04, 2021
My akagum is out of this world, only 45% of my bid clicked.
Still believe in Wyclef, the record is not over yet...

3 Likes

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 6:57am On Nov 28, 2021
luvlyoracle:
Honestly I really need to know whats giving me the money o
Not upto 2hrs ago I converted 10usdt that I don't know where it came from
Now this again...if it gets to 10usd 2morro Sunday chicken don sure cheesy
Some people must have registered with your referral ID, so each time they buy any coin, you get certain percentage.

5 Likes

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 8:04pm On Nov 23, 2021
eToro has announced the delisting of Cardano (ADA) and Tron (TRX) trading for United States customers.

In a blog post, the trading platform stated that the halting would take effect from December 26, 2021, while the staking of the tokens would end on December 31, 2021.

6 Likes

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 8:19pm On Nov 21, 2021
BUGOFF:
embarassed U come turn am into assignment. Lol.
Thanks for the direction.
Before buying, Use CoinCodex to lookup coin performance and likelihood of it doing well or otherwise in the coming days

3 Likes

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 7:51am On Nov 19, 2021
Decemberist306:
make una help my life, I need to swap this coin before I go sleep, the thing just dey red
Go to Twitter, start your own version of N100k challenge.
Tag #Davido, #donjazzy, #Mr Macaroni, #ObiCubana, #Cheifpriest etal.
Share the success story here thereafter.
Be ready to be invited by your bank to come defend the loot.

1 Like

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 6:15pm On Nov 18, 2021
I'm loving this moment.
My target coin has been One. Waiting for it to touch 0.2
Not in a hurry

1 Like 1 Share

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 3:37pm On Nov 11, 2021
Breaking: United Nations Launches NFTs to Highlight Climate Crisis.
UN announced a climate initiative called DigitalArt4 Climate that would convert the art pieces of the winner into an NFT. UN showcased the result of the art climate initiative at the United Nations Climate Change Conference held in Glasgow, Scotland. The UN-Habitat group partnered with Unique Network, IAAI GLOCHA, and Exquisite Workers to shape its NFT climate initiative.

1 Like

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 8:38pm On Oct 16, 2021
odysey:
Any projections for Lazio? Someone mentioned that they will hit dmoon with the fan coin
Exercise pursuit of this coin with caution.
Not that Lazio is even doing exceptionally well in seria A.
They are in 5th place and having played more matches.

2 Likes

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 6:15pm On Oct 13, 2021
IRWSBE:
Please, I need help.

I updated my Binance app few days ago. But I am very surprised is flooded with may FIL UP, BNB UP, and AAVESDOWN pairs. Please, how can I return to the previous update
This has been fixed via a new update.
Try update your App again.
Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 6:46am On Oct 10, 2021
Fury too good for Wilder.
Catch him if you can. Undisputed in the waiting.
Wilder gave it his all.
What a fight.

3 Likes

Investment / Re: Crypto Currency Investors Thread by DigitalMallam: 9:30pm On Oct 06, 2021
U.S. Bank Announces Bitcoin Custody Service
U.S. Bank, the fifth-largest retail bank in the United States, has announced a Bitcoin custody service.

U.S. Bank, which currently has custody of $8.6 trillion in assets, will make custody services available for Bitcoin, it was announced today .

It will initially offer Bitcoin, though custody services for Bitcoin Cash, Litecoin, Ethereum, and other assets will likely come over time, according to the vice chair of U.S. Bank’s wealth management and investment services division, Gunjan Kedia.

1 Like

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