₦airaland Forum

Good evening house, i dont know if this the right place to ask this question in 2008 one marketer force me just to buy 800units of ecobank shares, till today i have not collected any dividend or even know the valve, i have tired to contact there registry many times no response, please who can help me calculate the value of the shares now, maybe the shares have increase in units by now or make any profit its 12years already.

Only waec

Grupo:
What's this your brother's qualification? This will be needed by someone that wants to proffer genuine solution.

If he has BSc. You people can go the express entry route.

You people can ask him why he likes Canada. Hope it's not because of the current hype about that country?

I have a family member like that sha. He would be 40 this year, not married, has refused to engage in every business suggested to him. He is only fixated on moving out of the country.

That is the only country he said he want to go if anyone have an idea how to go about it please the person should drop info

XiaoLi:
Must it be Canada or west? He will also make good money working in South Korea or Japan and can use his pay to do export from those countries if he is business oriented.

Good day everyone, please i need assistant from people in canada or who have info about canada, i have this problematic brother who refuse to do anything, for year he has been telling us to sponsor him to canada school he refuse to go, work he refuse to learn, we are now planning to ship him to canada as he have always demanded or wanted, the question here is there anything he can do when he arrive in canada maybe working in factory, security, farm, sales person anything and lastly what is the best way to go about this.
Note this person is 36 he refuse to marry or even accept money to do business all he want for us to send him to canada.

Please please we will need advise to deal with this issue is really serious to us especially when is the eldest.

Good morning everyone in the house, out of curiosity what will one might have achieved to be classified as rich person or a millionaire in nigeria note i am talking about billion, example house, business, car and save's, how much?

Never make a mistake for your tenant to know you, for example i am 31 today since 5 years now i have been renting out my house my tennant does not knw me they keep calling me oga the fear of the unkown is much better.

emmanuelewumi:
I don't know why people make the mistake of dealing directly with their tenants.


Get a lawyer, a facility manager or an estate agent to deal with tenants and you will give yourself peace of mind.

Yes i am the person you are right when i bought the house dollar was 180, i have managed to recoup 10m plus from the rent, also invested part of the rent to my project in my place and in treasury bill just to see if i can keep the value of my money, the only problem from 2016 i started renting the property the rental value does not increase still that 3m to 3.2m.

Note i am not in the country so i will patiently wait to recoup all my money in years to come, i also believe the value of the property is also increasing as well.

Pascopele:
The most heart breaking story I heard this week. Someone shared how he bought a house in Lekki for roughly 60M in 2014.

The house is realistically worth maybe 30M naira today.

So he bought it for $390,000 in 2014. And it's worth about $70,000 today.

VALUE INCINERATION.

You said it all i made that same mistake building 5bedroom duplex in the village which i have not slept in for one day since 2015 i build the house, everyday of my life i cry and regret millions spend on building the house just because of per pressure.

ahiboilandgas:
The ibo man the most successful enterprenural group in africa builts several apartment units for a reason ..that why onitsha is like that ..they later on build a nice retirement duplex.....while other start will duplex ( liability) then hustle had to maintaince ans stay afloat....

My brother you said the true but i have managed to collect rent of about 10m plus and also dont forget the house in question the value also increases, just that for over the years now the rental value is still the same 3m to 3.2 annaully, why i am not really crying is because i am not planning to sell and also i am not in the country.

Lastly the money i get from the rental is also reinvented in any property and little in treasury bill.

Pascopele:
The most heart breaking story I heard this week. Someone shared how he bought a house in Lekki for roughly 60M in 2014.

The house is realistically worth maybe 30M naira today.

So he bought it for $390,000 in 2014. And it's worth about $70,000 today.

VALUE INCINERATION.

I dont intend to sell and never going to sell

emmanuelewumi:
Until the you sell and have the money in your account or your bank accepts the property as a collateral and offers you a loan of N50 million to expand your business or create more wealth.

To me dont look at the rental value for now, look at future prospective for example 2015 december i bought 5bedroom duplex at ikota villa estate.
agent, lawyer and all chargers everything amount to 59million naira, the rental value is 3m annual of which i have collected 3 annual rent which amount to almost 10m includ deposit and money i get from the agreement, yes i did some renovations but i dont think is up to 2.5m in dat case i have made about 7.5m without thinking of losing my money to quick rich investment if i want to sell the property today i think will be look at 65m to 70m so to me is not a bad investment especially if you are not in the country, from the rent money i get have contributed 30% my new house i want to live in my state.

ozymes:
Are there new estates cominog up in this area?

Yes there is, mega mount, ikota Gra and lekki county all are inside ikota villa estate but the new one is ikota estate gra

TotoNaRubber:
Guys sorry to derail but been thinking of securing a property/poperties in Lekki as a hedge against the Nigerian government doing vumm wonders with unending sale of debt instruments.

Here are my questions.;
1. Does anyone know how the location of ikota Lekki phase 1, is it far from Elegushi beach?
2. Is there any house agent here that can get a similar property below at a better price.
3. Is it a good idea to buy such properties?
4. Any unforseen risks of buying and owning such?..

The house and land ae sold by estate agents so the buyer pays, signs the documents and receives his house keys.
Thanks

I Will not advice you to buy it, I own a house at ikota villa estate to rent the house out are problem atime, when the tenant move out they leave a lot of damages I Will advice you to go for blocks of flat in mainland.

Please does anyone know current interest rate of firstbank fixed deposit.

As bank makes exciting offers to customers at Valentine By Peter Egwuatu The Access Bank’s proposed listing of its N15 billion Green Bond on the Luxembourg Stock Exchange (LuxSE) has created some excitement in the fixed income market. This comes as the bank sets to unveil exciting offers to celebrate its customers this Valentine season. The 15.5 percent fixed rate green bond with five-year maturity is the first-ever climate bonds standard certified corporate green bond to be issued in Africa, and was first listed on the Nigerian Stock Exchange, NSE, in 2019. [ 306 more words ]
http://www.vanguardngr.com/2020/02/access-bank-n15bn-green-bond-sets-for-cross-listing/

What is the price of eagle paint 20lts off white, white and rose colour?

Good morning everyone in the house, I called firstbank yesterday the person who spoke to me said firstbank is no longer selling shares how true it's.

Thank you very much, that shares cost me almost 50k to 80k in 2008 now I am the one losing money chai.

Mcy56:
ETI's closed at N7.80....................800units multiply by 7.60 = N6,240 as at today.
You'll have to contact your broker to know/get the dividends declared so far..................if there's any.
As for First bank, maybe you wait and let the price-fall stabilize first. It's good mostly for price appreciation, even though they pay dividends too.
My ogas are in the house. They may have something different to say.

Good evening everyone please i need advise and information have ecobank ETI share 800units bought in 2008 I have not recieve any dividend till now please what will be the worth now? And I want to buy firstbank stock for N100,000 Please it's advisable to invest in there stock?

Please is firstbank stock advisable to invest N100,000 or which stock is advisable to invest on at this moment.

Below is email from firstbank

Please note that the closing stock price as at 1/13/2020 was N7.25/ share.

Good morning everyone in the house, I will like to try shares again as low as 50,000 Which company is advisable to buy from, I want to give a try again I sworn not to buy share anymore after 2008 ecobank ETI which I have not receive any dividend till now or even know the worth. I was thinking to buy from First Bank Ing.

Pascopele:
Hmmmmm, how were you affected? I have a friends that have in Ugbolu but my uncle built in the same Okpanam.

The were breaking fancy claiming the land belong to them

Pascopele:
In Asaba? 3 bedroom 600k Asaba main town before interbua or St Patrick Axis or FMC, 2 bed room Ogbogonogo 400k a room and parlour self-contained before head bridge 200-250 Location matters and I don't think there is land in Asaba, Opkanamu have finished selling their land, the next available place is Ugbolu land goes for 5-6mllion.

Okpanam is a big problem now because of ibusa according to they own the land even one of my was affected at Austine dada estate marble hill

emmanuelewumi:
How much will the 8 flat cost you and what is the rental income the property would have generated?

It is better to spread your risk, I will rather want to get N4 million rent from 8 tenants than having just one tenant who will pay me a rent of N4 million

I have learn my lessons

emmanuelewumi:
Because that is the prevailing price in the estate does not mean the investment was not overpriced.

I am regretting the investment everyday would bought 8flat of 3 bedroom in Asaba I will be getting same amount, i was told dangote refinery will make property demand high in that axis

Pascopele:
I disagree with you. You weren't tricked. @ the bolded Always allow professional(Lawyers, expert property managers) handle your property plus you wanted to make fast profit in short time. If I were you I will rent it out on 1.8m and increase after 3yrs.

Rent in that environment fully detached duplex is from 3m naira

ahiboilandgas:
u where trick '...mean that the business( rental ) was responsible...u didnt do enough home work ,under study the terrain well....it beyond just having 55m and any property.....u can over pay for a property......if i use 55m to buy 6 set of 2 bedroom in festact at 8m each ....i will rent all within 1 months at 500k each and if i intend to sell at 10m in 3 years is very much possible cos of some certain parameters like limited supply of new one ,ease of new millionaires hammering 10m m from clearing

The problem is that it's a duplex my taught was that company was suppose to take for there staff but it did not happen that way, I did not over pay for the property cos it's on going price of properties in that estate

Property business to me is capital NO, I was trick by agent in 2014 buying a property over 55million naira, at ikota villa estate, rental is 3 million naira annually telling me in 3years property will be over 100m today to see a tenant is a problem, 2 times I manage to see a tenant after that annual rent expire to move out na wahala, if them manage move out them go leave damage worth over 1m naira which you have to repaint in and out again, sometimes it stay vacant for about 8months to 1year to get a tenant again, today I am really regretting that investment cos I bought the house when dollar $1 was 198 now devaluation of naira have finish me and even the rent is not coming in, so be wise when buying a property to me now is a no go area anymore.

FGN bond what are the risks involve? What is the minimum amount one can invest? Do you also reinvest your interest if you want?

Emmaesty:
You can buy FGN saving bonds. It is usually for a 2-3 yr period as aganist TB which is just for a year

Thank you

Good day

I am currently out of the country which I think I will be away for more than 5years I just did a treasury bill at 7.9% annual, please I need advice if this my treasury matures what can invest for 3 to 4years that offers more interest rate with less risk involve.

Thank you

ogunjyde2004:
We will help you to get your outstanding dividend.

How explain