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Emzedz's Posts

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PoliticsRe: FG Plans Further VAT Increase, New Sharing Formula by Emzedz: 8:17am On May 09, 2024
Una never see anything yet..

Shege promax must touch u anywhere u dey.
PoliticsRe: "Let The Poor Breathe" -Seyi Law Cries Out Over Incessant Taxing By Tinubu Govt by Emzedz: 4:03pm On May 07, 2024
Believe it or not, the president myst have given approval before this order by Cbn.
Its merry go round.. watch out for other levies to come.
PoliticsRe: What 0.5% CBN Cyber Security Levy Means by Emzedz: 4:00pm On May 07, 2024
The shege never start oo..
It must surely favour me n my family..
PoliticsRe: Former Abia Speaker Chinedum Orji Officially Joins APC (Photos) by Emzedz: 3:54pm On May 07, 2024
Who is he n why is this news.. he even lost in the last elections. I think he is not relevant in the scheme of things.
Useless politicians.
CrimeRe: How I Killed My Cousin, Friend & 3 Others For Rituals – Ondo Fruit Seller by Emzedz: 6:43am On May 06, 2024
Wicked n heartless people deserve to rot in jail.. I will not call their names cos its already obvious.
PoliticsRe: Atiku Links Lagos-calabar Coastal Highway To Tinubu, Chagoury Business Relations by Emzedz: 12:43am On May 06, 2024
Sometimes read the message n understand..
Tinubu is doing us real shege in this hopeless renewed agenda.
TravelRe: Yearly Salary & Monthly Income After Tax Deductions In UK by Emzedz: 12:41pm On May 04, 2024
Are u in UK.. when are u coming back.
EventsRe: Babatunde Fashola's Daughter, Yewande, Weds Posi Ogunlesi (Photos) by Emzedz: 12:39pm On May 04, 2024
Its not Rocket science.. infamous minister of darkness.
Congratulations.. I hope u now have 24hrs power supply.
PoliticsRe: How Voters Voted For Presidents By Region And State In Nigeria- Statisense by Emzedz: 12:31pm On May 04, 2024
In 2023 wats d statistics before the infamous glitch.
FoodRe: Hunters Fight Over An Antelope Their Dog Caught (Video) by Emzedz: 4:30pm On May 02, 2024
Herdsmen loading..
PoliticsRe: Yahaya Bello To Bribe Judges With Wads Of Dollars Whatsapp Chat Shows by Emzedz: 4:28pm On May 02, 2024
Yoruba moslems politicians are so corrupt n uncouth.
PoliticsRe: Nigeria’s Declining Economic Activities Worrisome – CBN by Emzedz: 6:06pm On May 01, 2024
People dey hungry.. una dey speak English
PoliticsRe: New Minimum Wage To Take Effect From May 1, 2024 – FG by Emzedz: 1:55pm On May 01, 2024
What is it with long hairs, lashes n nails that all ladies are so fond of. Damn generations.
PoliticsRe: Joe Ajaero: FG’s 35% Pay Rise Mischievous — Living Wage Should Be N615k by Emzedz: 1:43pm On May 01, 2024
When it's time to pay civil servants that toil day n night then you will start hearing flimsy talks..
Yet political office holders like senators earn very fat salaries n allowances not to talk about other sundry funds they receive.
Let them pay n stop complaining.
PoliticsRe: Nigeria’s VAT Collection, Lowest In Africa – Tajudeen Abbas by Emzedz: 9:54am On May 01, 2024
Shege promax.. watch out VAT will soon be increased.
PoliticsRe: Drama As Senators Fight Over Seat At Newly Renovated Chamber by Emzedz: 5:49pm On Apr 30, 2024
Useless Northern senators as usual. One Nigeria indeed.
PoliticsRe: Adebayo Adelabu: FG Requires $10bn Yearly, To Revive Power Sector by Emzedz: 6:35am On Apr 30, 2024
Worst power minister ever.. so incompetent.
PoliticsRe: Nigeria’s Economy Has Escaped The Phase Of Sabotage – Tinubu by Emzedz: 11:11pm On Apr 29, 2024
This vegetable speaks with ignorance n arrogance..
PoliticsRe: Petrol Scarcity Worsens Nationwide by Emzedz: 1:05pm On Apr 29, 2024
They have petrol. They are hoarding it so as to increase price abysmally. Wicked Nigerians.
TravelRe: 19 Passengers Die In Okene Bypass Fatal Accident by Emzedz: 10:47pm On Apr 28, 2024
No fire extinguishers to stop the firehuh?
CrimeRe: Man Escaping Arrest Jumps Into Lagos Lagoon, Drowns by Emzedz: 5:26pm On Apr 28, 2024
Yoruba moslems always stealing n dodging.
PoliticsRe: Poor Power Supply: Governors Hire Consultants To Break Discos Monopoly by Emzedz: 2:23pm On Apr 28, 2024
They should expedite action on it. All these discos have been discovered to be failures.
InvestmentRe: Treasury Bills In Nigeria by Emzedz: 2:14am On Apr 25, 2024
awesomeJ:
1m invested for 180 days, discount rate is 19.85%,
Your upfront interest is 1000000 * (19.85/100) * (180/366)= 97,600.
Since you're getting the interest upfront, it means you didn't actually invest 1m, but rather only 902,400.
So the 97,600 is the return on just 902400.
97600 as a percentage of 902400 gives 10.816% yield in 180 days, you annualize it by multiplying by 366/180 to get 22%.

When you discount WHT, it really becomes just 19.8%.


1m invested for 270 days, discount rate is 21.46%,
Your upfront interest is 1000000 * (21.46/100) * (270/366)= 158,300.
Since you're getting the interest upfront, it means you didn't actually invest 1m, but rather only 841,700.
So the 158,300 is the return on just 841700.
158300 as a percentage of 841700 gives 18.81% yield in 270 days, you annualize it by multiplying by 366/270 to get 25.5%.


When you discount WHT, it really becomes just 22.95%.
Apt..
PoliticsRe: Ministry Of Works Replies Critics of the Lagos-Calabar Coastal Highway by Emzedz: 9:17am On Apr 24, 2024
Useless fashola does not understand how these things work. It's not rocket science indeed.
EducationRe: PHOTOSPEAK: The Most Expensive School In Nigeria by Emzedz: 4:45pm On Apr 23, 2024
My children must attend this school..amin..
CrimeRe: Bobrisky Begs Court To Convert Imprisonment To N200,000 Fine by Emzedz: 5:54am On Apr 23, 2024
Cry-cry mommy of lagos..
EducationRe: Charterhouse: Why We Charge ₦42M Fees For Primary School Pupils — Lagos School by Emzedz: 11:11am On Apr 22, 2024
When is the school resuming. My child must attend this citadel of learning.
God punish poverty.
CrimeRe: Court Jails 20 Internet Fraudsters In Benin City (Photos) by Emzedz: 3:11am On Apr 22, 2024
Pablo no dey finish oo
PoliticsRe: Alex Otti’s Ph-Aba Road Vs Lagos-calabar Coastal Road by Emzedz: 2:59am On Apr 22, 2024
yarimo:
ALEX OTTI is only good at fake promise to his people, nothing is happening in Abia state
U never cease to disappoint ur useless generation.
AutosRe: Sold out 1.4m Super Clean Registered Toyota Corolla by Emzedz: 6:07pm On Apr 19, 2024
Greedy Nigerians. Old car like this u wan sell at that price.
The audacity..
PoliticsRe: Jubilations As Senator Orji Uzor Kalu Commissions Schools He Renovated At Isuikw by Emzedz: 2:51pm On Apr 17, 2024
Can his children attend these schools.

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