₦airaland Forum

C505:
Yes... A year.

Quoting you, I agree about knowing the interest that one will be getting albeit it's not an investment perse. Just using it to save up for rent and my assurance policy so whatever interest I get at the end, it's super ok by me.

At least I know it's the bank that'll be responsible for my beer money for the calendar year.

As a sales guy I still have to tell you what I sell.
Make some findings on ziing and zplan.
It’s powered by investment one and you get 10% on target account.

C505:
Hello house. Can someo knowledgeable explain this?

I've been doing target savings with gtb and this is the 3rd month with zero interest. I've also read here people say target savings is more better than t bills for now cos of their interest.

Does it appear gtb don't issue interests on t. Savings or what?

If you are running a normal savings account you are entitled to interest if the Debit transaction on the savings account is Not more than 3times.

If am correct your target savings account should be different from your savings account.

If the fund in your target savings account is different from the one in your normal savings account then I think you are entitled to interest since you don’t withdraw from the target savings account.

fineguy11:
Why not put it in fixed deposit ?

We also have our fixed deposit but the rate varies based on the amount you are fixing and the duration.

No Fixed deposit as at now gives a guaranteed rate of 8.5% on 50,000 for 365 days( I stand to be corrected tho)

So why not go for VGIF which is just like fixed deposit the rate is reviewed every 6 month.

olujaidi:
I don't have a problem with you selling, man must whack but this is selfish advice riddled with conflict of interest. Can't you proffer advice instead of peddling a product?



These are uncertain times. In uncertain times in Nigeria, cash, preferably Fx is king. You don't even know what the value of your currency will be tomorrow.

“Please great minds, I have this spare cash I wish to invest instead of leaving it untouched in my bank account. I'm new on this thread”

From his post I feel he is new to investment and his risk appetite will be very low.

Advising such person to go into FX?

We all have our risk appetite.

Don’t invest in what you don’t understand. “ Tope Omojokun”

Brownhypo:
Please great minds, I have this spare cash I wish to invest instead of leaving it untouched in my bank account. I'm new on this thread

Right now I will advice you go for VGIF managed by investment one.
>>Guaranteed Rate

For More info check my signature.

.

LaCremy:
Which bank has the best rate now when it comes to Treasury Bill please?

I am also open to other viable and almost risk free investment plan... thanks

you can invest in VGIF managed by investment one. It has a guaranteed rate of 8.5%.

vgif is another form of mutual fund in the fixed income category.
Check my signature for more details on how to subscribe.

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Orange one employee loan introduces 2.5% rate.

Terms & conditions applied.

emmasoft:
No restriction whatsoever from experience.

To add to what Emma has said if you still choose to go through the manual process just put the number on @Emmasoft freelance link on the form and it will definitely count for him.
Check his signature for his freelance number.

olujaidi:
Oga, you're breaking rule 5 and 18 of NL. You're basically spamming this thread consistently. Reduce your spamming

Noted sir.
Thanks

YankeeRealtor:
GT bank offered me 12.28% this time last year for secondary market, I was doing shakara. Glad I decisively locked in my little 7m then; which matures on March19. My other 5.5m matures in April. Since I have no need for these funds when they're available once again in my GT bank account, do I leave it in the bank, judging by the measly TB rates? And other than TB, are there other reasonable/transparent investment instrument(s) out there for my small 12.5m? Thanks guys, and please stay safe in Nigeria!

The best Right Now is VGIF Managed by Investment One.

Ok that is Is VGIF

VANTAGE GUARANTEED INCOME FUND (VGIF)


VGIF is an actively managed investment product that invests in and combines the benefits of money market and capital market, affording subscribers a diversified hedge against inflation risk whilst ensuring minimum guaranteed income as well as the principal invested, the fund is the first of its kind in the Nigerian financial services market.




Key Product Features/Benefits

· VGIF is a guaranteed investment that assures your principal as well as a minimum income paid twice yearly (July and January)

· The minimum investment of 50,000 Naira with additional investments in multiples of N1.00

· It is noteworthy that in spite of the capital market downturn, VGIF have consistently met and paid its guaranteed returns to subscribers, affirming the funds benefit of shielding subscribers against vagaries of the capital market while offering opportunities to earn above average money market returns

· VGIF’s guaranteed return is referenced to the Central Bank of Nigeria’s (CBN) Standard Deposit Facility(SDF). The VGIF rate is however, ONLY changed twice a year that is, January and July. Currently, the VGIF pays subscribers a minimum guaranteed return of 8.5% per annum

· In addition to minimum guaranteed return, unit holders are also entitled to an additional income of the fund’s excess return above the SDF

· Investments can be redeemed after a minimum period of six months, failing which such redemption will be liable to a pre-termination charge of 10% of accrued interests (Pre-liquidation before 6 months is 10% charge on the accrued interest)

· VGIF is managed professionally by Investment One Financial Services, backed by its trustees, First Trustees Nigeria Limited. The Custodian and Registrars to the Fund are Stanbic IBTC Plc and First Registrars Nigeria Limited respectively

To Subscribe kindly Use the link on my Signature and Also my contact details are there.

For those seeking alternative to MMF, I advise you go for investment one VGIF.
ROI Benchmarked against SDF.
Guaranteed Interest rate.
EXCESS ROI.
To subscribe check my signature.
If you stay in Lagos and want to open the account in person you can come to our office at Maryland and ask of Goriola David.
Contact is on my signature.

Also we have the High yield Investment at 10% ROI (Fixed) Minimum of 10m and duration 12 month.

For those seeking alternative to MMF, I advise you go for investment one VGIF.
ROI Benchmarked against SDF.
Guaranteed Interest rate.
EXCESS ROI.
To subscribe check my signature.
If you stay in Lagos and want to open the account in person you can come to our office at Maryland and ask of Goriola David.
Contact is on my signature.

Also we have the High yield Investment at 10% ROI (Fixed) Minimum of 10m and duration 12 month.

Orange one employee loan.
If you are a salary earner with minimum take home of 70k and you need fund check my signature.

Orange One Employee Loan

You can get up to 15 Million Naira loan if you are a salary earner in Lagos , Ilorin, Abuja,Port Harcourt and Ibadan.
Orange One offers a relatively low interest rate of (2.5%)

Option to Pre-liquidate/ Part liquidate anytime (@ no fee)

Powered by Investment One

check ad for contact.

Loan Will be disbursed within 48hrs after all documents have been verified.

For those calling am sorry I will post the requirements here for all to see.

For Employee loan at 3% check my signature.

Easy loan

Investement one ROI as at today.

For Abacus, Vgif, Vdf, High Yield subscription check my signature.

Interest rate as at today.

For Abacus, VGIF, VDF, High Yield subscription check my signature.

amosfunmi:
Thanks

You are welcome.

baroun04:
What's about your dollar fund

VANTAGE DOLLAR FUND

The fund is an Open-ended Fixed Income Dollar Fund and will invest in Nigerian Originated Dollar Denominated assets (Sovereign and Corporates). The fund seeks to provide investors with bias for dollar denominated securities access to such securities, which ordinarily would be inaccessible to them by virtue of the minimum amount typically required to make such investments.



Key Features

· Open-ended unit trust scheme which is duly authorised registered in Nigeria

· The minimum investment amount is US$1,000.00 with additional investments in multiples of US$1.00. The Fund Manager however reserves the right to review these amounts as the need arises.

· Redemption will be paid within 5 Business Days after the relevant documents have been submitted to the Fund Manager.

· Every unit holder shall be entitled to receive from the Fund Manager an Electronic Certificate for the number of units purchased by such unit holder. The Electronic Certificate shall be conclusive evidence of the number of units held.

· The minimum holding period in the fund shall be 180 days. However, the Fund Manager is aware that investors might have need for their monies within the minimum holding period and as such would allow redemption during the minimum holding period subject to a 15% charge on the positive total return on the units being redeemed on the day of redemption.

· Dividend will be paid from the income earned to unit holders annually.

· Dividend can either be reinvested into the fund or credited into the unit holders’ bank accounts via electronic means

Interest earned is currently between 4% to 6% per annum

Check my signature for more info.

On VDF(4-6%), VGIF(8.5%) , ABACUS, HIGH YIELD (10%)

amosfunmi:
Good evening all,
can someone please help me with the GTB ussd code to top up my investment one Abacus acct. Thank you

Dial *737*50*Amount*83# and provide your Abacus customer number

Seeeeeeee:
what are the required documents and how much loan can you give?

Below are the requirements.

6 months bank statement
Work ID and Valid means of Identification (Driver's license, International passport, National ID card)
Utility Bill or any valid means of ID different from the above and have your house address
Employment letter, Confirmation Letter or letter of last promotion
Passport photograph

For the amount you can get it depends on your salary ....but we can go as much as 15m

jossy26:
Can someone explain more of this cos even at 8.5% interest rates as advertised monthly returns should not be less than 34k on 5m investment. I just opened an account with investment one VIGF and about to fund the account but I have to pause till I get some clarification

Am sure that issue have been addressed.
VGIF ROI is 8.5% Benchmarked against SDF.
Go ahead and fund it as we are regulated by SEC we don’t offer what we won’t be able to give.
And also Over the years investors get more than the 8.5%.
VGIF is an actively managed investment product that invests in and combines the benefits of money market and capital market, affording subscribers a diversified hedge against inflation risk whilst ensuring minimum guaranteed income as well as the principal invested, the fund is the first of its kind in the Nigerian financial services market.

VGIF’s guaranteed return is referenced to the Central Bank of Nigeria’s (CBN) Standard Deposit Facility(SDF). The VGIF rate is however, ONLY changed twice a year that is, January and July. Currently, the VGIF pays subscribers a minimum guaranteed return of 8.5% per annum

In addition to minimum guaranteed return, unit holders are also entitled to an additional income of the fund’s excess return above the SDF.

Go ahead with the payment you can call your account officer.
For those staying within Lagos am at The Maryland office.

For those that wants to subscribe to The VGIF.
Contact me through my Sig.

ojesymsym:
Thanks. I'll explore Euro bond and see how it goes.

Ok you are welcome ..
For investment one Dollar fund check my sig.