₦airaland Forum

Osahon7:
Yes o! #TEAMGETTINGRICH...so far it's Legit no wahala! Abeg how far this fixed deposit?? That's my only option now! Can I get an intrest rate of 15percent if I fix 11Million for one year??

Not sure you would with any big bank...maybe with the Micro finance banks..

kingsilly:
Sent you a mail

baba I never see ya mail o!

Osahon7:
the exact reason why the rich keeps getting richer and the poor getting poorer!

EXACTLY WHY WE ALL NEED TO GET RICH....OR DIE TRYING

unite4real:
i am in shock to think that govt expect small investors will want to tie their money down for 2 to 3 years. this will be counter productive. small players will be greatly affected by this policy. how many individuals will have the time to deal with stock brokers who are the dealers. i think the rich want to hijack the system to further suffocate the poor

You dont actually have to hold for the period..

It is expected to trade like shares on the floor of the exchange. That is why Stock brokers are being involved in this now.

Considering how much many of us fear these brokers...anyway it would be in my CSCS statements

WOW!!!

These guys dont want us to earn like them anymore....

so its either we buy in the secondary markets at reduced rates or higer rates depending on the market conditions or we go for the Savings Bond with their miserly rate there...

Hmmmmm!

midfinger:
Oga feelamong,I hail oh!actually am very grateful for your guidance here as it regards particularly treasury bills.Am the type that tends to sit back and learn from other peoples comments.But am interested in something which I have seen u direct someone to PM you.I have done likewise while I hope for a response ,Thanks.

seen ..responded..

I have just confirmed that there was an OMO yesterday...

this means we are save to bid at last Auction stop rates...maybe a little lower.

Intendy:
https://www.thecable.ng/cbn-pumps-fresh-80m-fx-market-school-fees-pta

Like I posited in one of my previous mails..I have started buying dollars yesterday

I bought at N460...

I intend to buy more as the price continues to slide....

Hopefully those that are waiting for dollars to get to N1000, will eventually sell to us..

[quote author=zamirikpo post=54128298][/quote]This is not a Thread for Bitcoins...pm me on that..

40manlappy:
Hello all, what is the recommended rate for 364 days at this week's auction? I am thinking of 18%.

Below were the stop rates for the last OMO dated 17-02-2017
174 Days 18.0000
321 Days 18.6000

Does this give us an idea of what to expect this week?


cc: feelamong

I was told that an OMO was held today...yet to confirm from my banker friends...would confirm by morrow...

Till then...I would just just keep mining bitcoins..

leo1234:
You assured your followers that dollar was heading to #1000.
Why did you stop hoarding at #480

sanerugwei:
Gurus in the house, what rates are we looking at for favorable bids this week.
It seems the banks have dried up their funds and channel same towards the forex markets.
Does it mean, we will get higher rates this week, as per lower demands?

feelamong, ukay2, Alikote, ogas

banks actually got some inflow on friday and the Inter Bank rates dropped form about 110% to 18%

lets watch how today's trade in the secondary will go..

Godisfaithful:
Sir, don't worry about my issue. You will seee the main losers soon. it is okay by you to keep believing what CBN pronounced in terms of forex policy. Just focus on what works best for you. Very soon, I will buy your FCMB at N1 or less. Just watch...

Am really enjoying your counter narrative......

I have added Dollars to my basket of portfolio now..

I will be buying dollars daily as the price continue to drop...

At least I have share price of FCMB and UBA and Bitcoins gaining to hedge any losses here come year end

http://nairametrics.com/interbank-lending-rates-hits-200-as-banks-borrow-from-each-other-to-buy-forex/?utm_source=&utm_medium=twitter

Nigerian Banks are on a buying spree and they are borrowing at record rates to do so. According to a Reuters article, Nigeria’s interbank overnight lending rates, the rates at which banks lend to each other, spiked to a record high of 200 percent on Thursday. The reason for the spike was no other than Forex.

Banks were reported to have made dollar purchases as the central bank sold forex in fulfillment of its promise to sustain supply. Banks are expected to sell on to customers at a juicy margin of about 20%. Purchases will only be for those looking to travel out of Nigeria either for personal, business or medical travel. Forex will also be purchased by those looking to pay school fees abroad for their wards.





This is already affecting the yields of Treasury Bills in the Secondary markets... Yields spiked UP yesterday as many banks sold off their Tbills to go and buy Forex..

http://nairametrics.com/interbank-lending-rates-hits-200-as-banks-borrow-from-each-other-to-buy-forex/?utm_source=&utm_medium=twitter

Nigerian Banks are on a buying spree and they are borrowing at record rates to do so. According to a Reuters article, Nigeria’s interbank overnight lending rates, the rates at which banks lend to each other, spiked to a record high of 200 percent on Thursday. The reason for the spike was no other than Forex.

Banks were reported to have made dollar purchases as the central bank sold forex in fulfillment of its promise to sustain supply. Banks are expected to sell on to customers at a juicy margin of about 20%. Purchases will only be for those looking to travel out of Nigeria either for personal, business or medical travel. Forex will also be purchased by those looking to pay school fees abroad for their wards.


Am looking at the net placers of funds to win big here...

Abeg those of us buying dollars...

Are we still buying or selling now?

Abeg gist me more...I want to set up a local bitcoin exchange and need to be able to get regular cheap bitcoins

PussyKrook:
@ Kasson

Be very careful about people asking you to contact them outside the forum.

Most people here will sell you bitcoins at the current black market rate. This means that you won't likely have enough margin to make good profit.

If you want to invest in BTC as exchanger, you will need to look to maybe bitstamp, or other online sellers.

Go to Reddit, search for Bitcoin exchangers and you will get more than enough. Read the reviews, read user responses, etc.

Just be very careful. Some people here would scam you real good.

if you need further help and guidance, mention me and I will further guide you

Send me mail at feelamong@gmail.com

Houstency:
Please which Investment house gave you such rate? I need to buy 364days Tbills before end of February. Thanks

I use Fidelity Securities limited most times..

olujaidi:
Because say na you o! If not...
In fact, how we wan take know say na the real feelamong be this ? The feelamong wey we sabi na TB and Stocks im dey do.

Abi dem don hijack your moniker?

* In Eminem's voice* Will the real feelamong please stand up

The only thing Constant in Life is CHANGE!

acorntree:
pls we need more information on this

Please lets not derail this thread. I cannot go into details here! This thread is for Treasury Bills.

when am chanced later in the day I would open a thread for Bitcoins Investments.

but you can PM on this...

40manlappy:


@feelamong: Were you able to get a good rate at the secondary market for your proposed Tbill investment?

Yea was able to get at 18.35%.

My friends were nice to me...

PLEASE I BEG FOR YOUR PERMISSION AS I POST THIS IMPORTANT INFO******


A few months ago i discovered Bitcoins through someone in this forum!

After buying for some time and hoping for an increase, i noticed that the price fluctuates and as such could be tradeable (Buying at times of low and selling at times of High)

This led me to searching for reputable coys that I could Invest my Bitcoins with so that they trade for me.

I found one and did a research on them to be sure they are reputable.

The coy is CRYP TRADE CAPITAL...they are based in SPAIN

They actually guarantee at least 17% monthly return (Dollars) on your Bitcoins investment.

I have invested here for the past 3 months and just felt i should share!

You can pm me for further info.




PLEASE FORGIVE ME FOR THIS!!! JUST WANTED TO SHARE AN INVESTMENT INFO THAT IS WORKING FOR ME!

i prefer a face to face until we get to know our selves well..

am in VI lagos

Walexz02:
Do you still need coins

Yes......hit me up on feelamong@gmail.com

who has bitcoins for sale?

I want to buy up to $500 worth of bitcoins....

how much? and what quantity?

Team16:
feelamong. Please I need your help. I sent my bid for 364 days at my rate of 18.39% with Gtbank and my account officer told me that my bid failed at that rate. Please what do you think about this. Stop rate yesterday was 18.449%. He was saying crab about bank having to make profit and all those stuffs. From all I could get is that, GTB bids at a higher rate and sell to its customers at a lower rate in order to make their own profit off your money. So anything higher than their rate won't be submitted because they don't make money off it. Please any Gtbank debit higher than 17.9% should comment. Thanks

If i were you I will make trouble with the bank until i see their MD...

someone is clearly short changing you..

http://www.nse.com.ng/Financial_NewsDocs/16437_TOTAL_OIL_NIG_-_BOARD_MEETING_CORPORATE_ACTIONS_FEBRUARY_2017.pdf


In other news FO still on the Run.....

hancock:
Is the procedure for the secondary market similar with that of the primary market? I'm using GTBank . Also what are the interest rates for 364 days at the secondary market now?

For secondary markets transactions..I usually shop around..

most times I ask my investment bankers to shop around for the best rates..

hancock:
wow and i went for 18.5%

sorry bro...also lost my bid at 18.5%

seems the rates are now going down gradually...

na to quickly rush to the secondary market cos in two weeks time we might see even further decrease