₦airaland Forum

feelamong:
91 days -------7.798%

182 days -----9.00%

364 days -----10%

God Forbid!

I really hope that these rates will be better during Christmas/New year season

Ironman15:
Hunger is rili beating me

You will be okay.

How do u have money to subscribe and not to eat?

Misplaced priorities

RealityShot:
Stock market will boom with this ban.

but i wont join them
(mago mago full there both on companies side and NSE itself)

its money market fund or bond time.

if none of the above works.. Dump it in savings account till Emefiele retires.


WHAT IS so WRONG with individuals choosing to loan govt their savings so govt can use it for the development that is making it go abroad and beg for loans?

that CBN gov has lost a nut!
he NEVER expected to return there..
perhaps, this is Buhari's worst mistake in this next level.

Money market rates has dropped significantly

I just came across an offer from Renmoney Fixed Deposit.

The rate is 19% p.a

Has anyone here invested with them before?

QuickStandard:
Hmmmmm!!!

What a title!

"Your broke husband"

He should just let you go, so you can marry
"Your rich husband"


From your title it's obvious you have no regards for him cos he's broke

That been said, I hate lazy people, that can't think out of the box.

He should hustle at least to put food on the table, pending when he gets the big break.

You can encourage him.

But calling your husband broke and insensitive is degrading.


My 2cents

It was the moderator that changed the topic to that. That was not the title she used initially

Jejebabaa:
https://punchng.com/cbn-stops-treasury-bills-sale-to-individuals/
Guys serious trouble is looming as from Nov 29. If you have opportunity to lock your fund now for longer terms above 10% please do so asap. Treasury bills might go lower to single digits rate if care is not taken with all these CBN monetary policies. I never expected Emefiele to go this "low".

Stopping sale of treasury bill is an all time low. Yeye country

Charleys:
This is a scam, it's a Ponzi scheme pretending to invest in agriculture

Please how do u know that they are a scam? Kindly share so we can learn from u

Please follow this thread to learn more
https://www.nairaland.com/1912965/mutual-funds/196

prekumohtim:
Don't waste your time on it. It's nothing to write home about. I once invested but the interest is very low and it could still wipe out at any time. For about 6 months I was only able to realise about a #1,000. Look for something better to invest your money

I am guessing u had less than 100k in the MMF at that time.

MMF interest makes more sense when u have at least 100k there. For instance the interest for 3 months on 100k should be about 2700 naira with a daily rate of 12%

Barrytone:
Tbills parenting. She thanked us all earlier and tuned off from the discuss, that means she was satisfied but we still took 2 more pages to advise. She is contented and have taken a decision. Help us maintain the thread, stick to treasury bills discuss. Thanks

Please lets stop derailing this thread. Na beg

ositadima1:
The insurance company is not father chrismas, they are there to make profit. Do you know what they do ?

They estimate the chances and rate of an accident occurring, they calculate expected loss PA for each customer category and bill you higher.

For example if ur expected loss per month is 5k they will bill you 6k. Effectively they are recovering what ever they paid you plus profit over time. In short, you pay more over a longer period.

If you can absorb shock it is always better not to insure.

By d way, if you keep having accidents they will revise ur premium upwards why is that?

But what if ur expected loss is 5k and u lose 10k?

Hello everyone,

Does anyone have any news on NTB? I recall someone posted here that his bank asked him to come back on Nov 4th for auction. Has anyone been to the bank or does anyone have the intention of visiting the bank?

Lets still consider other investment options sha

FGN Bonds
https://www.nairaland.com/3658395/fgn-savings-bond/7

Mutual Funds
https://www.nairaland.com/1912965/mutual-funds/196

Commercial Papers
https://www.nairaland.com/5010648/commercial-papers

Digital Agriculture
https://www.nairaland.com/5358517/digital-agriculture-investment-platforms-options

Stock market
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick

U can as well decide to read the following books

The richest man in babylon

The intelligent investor

Rich dad poor dad

And others

God bless us as we start the new week

freeman67:
The words of our elders are truly the words of wisdom. A little research on Nairaland will reveal that the caveat inserted in post up and down is just a smoke screen..



Ordinarily in a discussion on a forum like this if someone is countered the evidence should be there for those reading after the discussion to learn from but I just discovered that he has other motives.

His own is just to woo investors with very high interest rate to part with their money irrespective of whether it is feasible or not. So where his argument is not convincing enough he will delete them inorder not to deter the intending investors.

You are the 4th person to call him out on this. I initially thought that he had some haters but when more than 3 people are saying the same thing (on different threads), then there is a truth to it.

worldclass68:
scam!!!! any third party nah scam oooo

Its not a scam.

Its called J-force

They are marketers who help people place orders online to reduce the stress for the individuals.

The marketers get comission from jumia on each order placed

BotherMleeper:
Sorry to ask but why should people order for goods through agents when they can order directly from Jumia?

It will help the sales consultant meet their target

prestige2013:
People help me ooooo, I tried to redeem fund on my stanbic MMF which is over a year and to my suprise I was charge penalty if am withdrawing all my fund, should it be so?

When last did u make a deposit in the account? I heard there are some MMF that charge a fee if u withdraw fund within 30 days of last deposit, even if your account is over 1 year old.

I dont know how true this is but I think this is what happened

DigitalMallam:
Perhaps it's time to look in the direction of Digital_Agric => Crowdyvest, Agrorite etc. But I still can't commit good money to these newbies.
Currently testing the waters with few millions

Few millions is good money sir

.

efismikoko:
If I get 11% for 364 I will be very happy I am expecting less

Na wa o. Anything below the current inflation rate (11.24) is not worth it to me

sabanageorge:
Can anybody tell me where else I can invest 10m? I have already invested too much in MMF and I'm fed up with it at this stage. I wanna try other stuff. Do you guys have any other ideas like MMF where one can make stable income of capital per month? Thanx

Trusted Agric platforms https://www.nairaland.com/5358517/digital-agriculture-investment-platforms-options