₦airaland Forum

This man saying all this should be investigated by EFCC. he seems to know so much information that is suspicious.

NIN registration is free.. well so we were told.

Useless people..

Mpeace:
First bank is offering me 350 days at 19%. This offer is for today. Access bank say make i take 17%

Access rate poor oo..

Okk.. continue. Abi na statistics we go chop.

One of the most incompetent former minister.
Very myopic n lacking drive to success.

Dump them all in their brown roof states.. una dey claim lagosians. Una brown roof dey leak ni..

Suffer no dey tire agbado munchers.. bunch of lazy foul mouthed miscreants.

Una never see anything yet..

Shege promax must touch u anywhere u dey.

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.

The shege never start oo..
It must surely favour me n my family..

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.

Wicked n heartless people deserve to rot in jail.. I will not call their names cos its already obvious.

Sometimes read the message n understand..
Tinubu is doing us real shege in this hopeless renewed agenda.

Are u in UK.. when are u coming back.

Its not Rocket science.. infamous minister of darkness.
Congratulations.. I hope u now have 24hrs power supply.

In 2023 wats d statistics before the infamous glitch.

Herdsmen loading..

Yoruba moslems politicians are so corrupt n uncouth.

People dey hungry.. una dey speak English

What is it with long hairs, lashes n nails that all ladies are so fond of. Damn generations.

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.

Shege promax.. watch out VAT will soon be increased.

Useless Northern senators as usual. One Nigeria indeed.

Worst power minister ever.. so incompetent.

This vegetable speaks with ignorance n arrogance..

They have petrol. They are hoarding it so as to increase price abysmally. Wicked Nigerians.

No fire extinguishers to stop the fire?

Yoruba moslems always stealing n dodging.

They should expedite action on it. All these discos have been discovered to be failures.

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..