₦airaland Forum

cutedharmee:
Pls help...i went to d Bank and was told to include my rate. Don't know the rate to put so woh do i do

Always safer to go with the bank's rate

QuinModah:
How do I go about the bolded? No area boys o!!! Boys within the vicinity that knows him

Open a stockbroking account with investment one and you can buy as many units as possple from the NSE. You can either send a mandate for purchase or buy it yourself on the online trading platform which you have access to once your account is opened.

To open stockbroking account, click the link on my signature and complete the online form.

N. B: Investment one will never ask for cash to open any product account.

Ephemmm:
I referenced I-invest because that was where the N2M investment was coming from. I have been trading on the platform for over 3 years without any ugly experience, but their interest is low at present and that is why I was seeking for better alternative. However, their low interest/yield is understandable in consideration of the current economic mess.

As for Piggyvest, my due diligence has not given me the expected result, as I found no evidence of being registered with SEC and NSE unless they registered under different name.

You can provide better explanation on why Piggyvest yield is greater bro, as no investor would like to trade at loss.

@Ephemmm if you don't mind you can also consider VGIF currently at Gurranteed rate of 4.5% with a promise of extra yield base on fund performance.
it's manged by investment one.

Also investment one has ziing which offers 10% In one of d products - Zplan.

To open account click the link on my signature
For more details you can chat me up I will send my voice note explain how it works to you.

Ephemmm:
Hello house,

Please what is the update on the Treasury Bill? I didn't keep tab on same nowadays due to low yield.

However, I have an idle cash in the region of N2m waiting to be invested at present; it is an accumulated investment in treasury bill on I-invest app which just matured today.

Save for 3.39 yield pa yield for 357 days offered by I-Invest, I must confess that I have run short of the best ideas on how to invest this idle fund.

Financial gurus in the house, please come to my aid on this subject matter.

Thank you all.

For an investment with Gurranteed capital and returns, I will advice you invest the fund in VGIF while waiting for TBills rate to improve.

VGIF guarantees 4.5% plus additional extra yield that can bring total returns to about 8%.
To open account, click the link on my signature.
You can also chat/call

MrDiligence:
Some mutual funds have changed collection account. Is that the case with VGIF?

Account details for VGIF remains

Bank: CitiBank
Account Name: FBNQUEST TRUSTEES/ VANTAGE GUARANTEED INCOME FUND
Account Number: 0012706049

Please note if there is any change in collection/custodian account it will be communicated officially.
Anytime in doubt kindly get in touch with customer care or myself for clarity.

Thank you.

emmanuelewumi:
They invest in real estate, private equity, fixed deposit, Treasury Bills, corporate bonds, state bonds, FG bonds and shares of companies that have been consistent with dividend payments for the past 5 years.

The performance of Investment One Pension and others was aided by the returns in the equity market in 2020

@PA Emma thanks for that answer. @Cyberknight to add to what he said the ability to now balance all those underlying assets he mentioned at a particular period and with some privileged informations makes the difference.

ojesymsym:
Are we allowed to have more than one PFA now?

Also they now allow one to pay directly into his PFA himself?

No you have one PFA at a time but you are now allowed to switch from one PFA to another.

Contribution is through your employer.

INVESTMENT ONE PENSION FOR HIGHER RETURNS ON YOUR FUNDS!

Gone are the days to stick to just one PFA whether you like the ROI or not.
You now have choice to switch your PFA.
If you want better returns on the funds in your RSA come over to Investment one Pension.
Don't just save let you savings save
Call/chat me. Check my signature for contact number.

Pesuzok:
Can I trade in the bond market with investment one?

Yes you can and even Eurobonds as well.
Click the link on my signature to complete the online form for account opening.
once you click, pick two products- ]fixed income and stockbroking.

INVESTMENT ONE PENSION FOR HIGHER RETURNS ON YOUR FUNDS!

Gone are the days to stick to just one PFA whether you like the ROI or not.
You now have choice to switch your PFA.
If you want better returns on the funds in your RSA come over to Investment one Pension.
Don't just save let you savings save
Call/chat me. Check my signature for contact number.

INVESTMENT ONE PENSION FOR HIGHER RETURNS ON YOUR FUNDS!

Gone are the days to stick to just one PFA whether you like the ROI or not.
You now have choice to switch your PFA.
If you want better returns on the funds in your RSA come over to Investment one Pension.
Don't just save let you savings save
Call/chat me. Check my signature for contact number.

lexy2lexy:
Does anyone have information about trading shares in NASD OTC? Who are those licensed to trade there? Regular stockbrokers?

You can trade NASD OTC shares with investment one. We are one of the licensed stockbrokers.

Please note you will need to register differently to have the cscs account for that platform. The details of your regular cscs account for NSE stocks cannot be used on NASD platform.

To open account click on the link on my signature.

After completing the online form send a mail to customer care that your application is for NASD
with that you are good to go.

seyisanya:
@Emmasoft. Is it possible to fund my spouse's VGIF account from my bank account?

Yes Sir very possible. Write her customer account number as the narration or description with that they know the fund is for her and will be posted to her VGIF account.

Mirallas:
Please is it possible to transfer shares of stock from one CSCS account to another . My mum bought stocks some years ago and her broker is no longer active, so we can't sell it. I have my own CSCS account with an active broker, I don't know if it is possible to transfer the shares

It's possible. Let your mum open another cscs account with your current active broker. When completing the form use her current CHN when her account is opened, the active broker will tell you the necessary documents to submit and her stocks will be moved. With her stock moved to the same broking firm you are right now, she just give a cross deal order and all her stocks will be transferred to you instantly.

talktofemi:
Thank you.

But will the registrar process the e-dividend mandate form if the account number of her shareholding in a company is not known?

Once again thank you.

Yes.Shareholder account number is generated by the registrars; if not known by the shareholder it's not an issue.

talktofemi:
Hello all,

I am trying to locate some shares owned by an elderly aunt for her. She know the name of the companies she has shares in but can't find documentation for some again. How can I get the shares' details for her?

I tried using this link //sec.gov.ng/non-mandated/ but according to her not all her shares are listed.

She need the account number for e-dividend registration.

Thanks.

If the only documentation she has is the name of the company where she has shares that is enough to get all her outstanding dividends not older than 12 years.

All you need do is to check for the registrar in charge of the company she has shares in. Download the e dividend mandate form, complete and send to the registrar or submit at the customer care at her bank whichever is convenient.

However if there is a change of name along the line then the registrar in charge need to be notified accordingly with acceptable evidence.

By

eziokwunwoko:
Good evening sirs/ ma.
I want to buy UCAP because of dividend.
Qualifications date is March 5th , if I buy on 3/4 march, Am I qualified?
Closure of register is March 8-15. When is it appropriate to sell?if I sell before March 8 to 15 will I still get dividend?
Please I need answers

Buy before 5th and sell after 15th to avoid any stories from the registrars.

stevemims:
Can anyone help clarify what should be in the column for the shareholder's account number? Should it be a bank account number or a stock broking account number?

A screenshot is attached.


Cc: emmasoft

The shareholder's account number is assigned by d registrar. It has nothing to do with your stockbroking account. You don't have it. Leave the space blank. The form will still fly.

If it was to be in the days of physical dividend warrants it's always written there.

[quote author=stevemims post=99448119]Can anyone help clarify what should be in the column for the shareholder's account number? Should it be a bank account number or a stock broking account number?

A screenshot is attached.


Cc: emmasoft
[/quote

The shareholder's account number is assigned by d registrar. You don't have it. Leave it blank.
If it was to be in the days of physical dividend warrants it's always written there.

hilaryxoxo:
Please which stockbrokers are the best in Nigeria if I want to purchase online myself?

U can open account with investment one oneline
Click the link on my signature to complete d online form.
All you will need are your kyc documents to be uploaded at the last page of the form.
Once account is opened, you can trade online using the web or the app.
You can call or chat me for more details

ggoldmine:
Hello good people. Is Zenith paying or has already paid Interim dividend? I just received an alert and can't tell which is it for, whether last year or this year. I'm quite confused because I bought the shares last year and this is the first dividend I've received.
Thank you.

If it's last year you bought the shares, it means it was before the closure date and definitely it should be interim dividend because the final dividend proposed by the directors still has 8th of March 2021 as qualification date. You are getting it now because they concluded the processing of the e mandate you sent earlier.

YourhealthNG2:
Please any idea on how to fill this share transfer form? I was told that I have to fill it along with E-dividend Form for processing of dividends with the registrar..

You fill the transfer form and submit to your stockbroker, d e dividend mandate to your bank or to the registrar.

For better result submit the transfer form and give one week interval before you submit the e mandate beause the transfer form is for registrars to have a specimen of your signature and compare when your e mandate gets to them.

On the transfer form write the name of the company and the quantity bought in a transaction e.g if you bought Zenith bank shares in trenches write just the quantity in a trench not all the quantity you have in Zenith right now.

Then on the column Transfer to transferee fill it with your name and address and your CHN.
Sign in the third signature column.

Lion123:
I really doubt many people that bought at N10.70 are still holding.

Don't doubt it. Some investors long term starts after five years.

Lion123:
The Eagle has landed -- http://www.nse.com.ng/Financial_NewsDocs/32445_ZENITH_BANK_PLC%20_AUDITED_FINANCIAL_STATEMENT_FOR_2020_.pdf

They are always on point pandemic or no pandemic. Zenith never disappoints. Na my dollar be that.

XiaoLi:
Kudos to all who is still contributing to this thread positively.

Gurus in the house do you think this is the right time for someone to convert his USD to NGN.

A good approach is to hold investments in both currencies it helps or if you must keep cash without investing keep it in USD.

r4blessing:
Thanks but I was only given a CSCS number after my registration with Chaka. How do I get the CHN number?

Chaka is just an app for trading. I'm sure it's affiliated or powered by a stockbroking firm.
You can ask for your cscs statement and on the statement CHN is clearly written

r4blessing:
Please can I have more than one stockbroker?. I just started using Chaka but I also want to use InvestNow. Would that be possible?

You can have as many stock broker as possible it depends on what you want from a broker.
However, a good practice is for your to always supply your current CHN while registering with another broker with that you just have one CHN across all your accounts; it helps in the area of dividend mandates.

If you don't mind you can add investment one to your picks.
click the link on my signature to open account with investment one for free.

AllBusiness:
I need money very urgent and I wanted to redeem part of my money at StanbicIBTC Money Market, so I attempted to redeem 2.5m online and this is what I saw Does that mean they will charge me penalty of over 600k?

Redeemable with penalty
N601,933.00


Redeemable without penalty
N2,749,275.29

My online redemption limit is 2.5m

I didn't even bother again. I am PISSED OFF right now

@AllBusiness this is the meaning of what is shown on your account:

The amount redeemable with penalty means the said amount is not up to 30 days in the fund hence you will pay penalty if your withdrawal will include the sum; that means if it's mmf you will pay 10% of the accrued interest on the amount as the penalty.

The other amount without penalty means the money has been in the fund for more that 30 days.

The above is in the assumption that you are a unit holder of IBTC money market fund and they operate just like investment one. If it's other type of mutual funds it might mean a different thing all together.

Mikeshine:
Please, what's the best amount to enter into buying shares and how do someone go about it? I'm interested.

If your are interested, first read how stock market works some basic knowledge will do for a start and you learn more while at it.
Have your investment object ie why you want to invest, duration of your investment etc.

Open a cscs account with a stockbroking firm preferably one with online trading platform so that you can do the buying and selling yourself with a little guidance at the beginning.

To open a cscs account with investment one, click the link on my signature and complete the online form. You will need your passport photo, id card, utility bill and your signature all uploaded at the last page of the form. in 72hrs max if no kyc issues your account is open and you are good to go.

You can start investing as low as N5,000

N.B: Investment one will not ask for cash to open a cscs or other product account.
Account opening is free.

You can also chat/call me with the number on my signature if you need further clarification

marylandcakes:
So can I use my dad’s bill?

Sure you can. That is perfect!

With that you are good to go. However, the utility bill should not be older than three months ie December 2020, January and the current month February will fly.

Once you get everything ready click on the link on my signature and complete the online form.

marylandcakes:
Many thanks but I haven’t got Nigerian utility bill.

What I normally advice my diaspora clients is to just ask from any contact person in Nigeria and use the bill your name doesn't need to be on the utility bill. It can be a family or friend. In that case, it's the address on the utility bill sent to you that you will supply on the online form as your residential and contact address.
The truth is that it's just SEC regulations all correspondence is by email. The physical address is not used.

marylandcakes:
Hello house can someone recommend the best broker app for Nigeria stock exchange for those that live outside Nigeria. Many thanks.

Register and open an account with investment one to get the ziing app, with that you can trade anywhere in the world as well as trade through the web.

To open account for free click on the link on my signature.

Kyc requirements: a passport photo, id card, utility bill and your signature all to be uploaded on the last page of the online form. To avoid the stress of notarization of your foreign documents, you can use your Nigerian particulars such as the utility bill to complete the form.

Should you have need for further clarification chat me up with the number on my signature.

N.B: Investment One will never ask for cash to open account for any of the investment products