₦airaland Forum

SmartPolician:
You call them useless and still expect someone to buy them 😂😂

You see am ba.


It can be made useful, but not by the government as of today. They're just using it to move money. If it were owned by a businessman, that person would have either revived it or wound it up.

Those useless REFINERIES should be number 1.

Foolish man!


To his fellow SIMPLE petty men:
Buy the property/land or make sure everything is in your own name if you're this 'SIMPISH & PETTISH'!

They recommended you take her to LASUTH, but you want to hear from from NLUTH first.





Edited: Today's 5th. Any update?

As usual!


Watch how average frustrated Nigerians will rant on SMs!


Ranting as a form of protest no get any effect, know this and know peace.

Onto the next rant.

E fit be for donation for polio vaccines.




E


Fit


B

This one don hit him peak from 19yrs and still counting!


Some castigators wey no fit hit their peak even with their preek from birth to date go dey yarn dust.

Robber wey get INTEREST abi na SPECIALIZATION.

A notorious armed robber who is mostly interested in robbing hilux owners.

It is well. Dem go find her intact.

A good initiative. Keep it up.

Thanks. I get.

Preator:
Cool.

The big three do not rate nigerian fund managers to the best of my knowledge. They issue ratings on entities with major international exposure either countries, banks or major financial institutions.

Now, the ratings done by national rating agencies are not credit ratings like those of banks. It does not reflect their ability to repay debts or meet their financial obligations in a timely manner.

Mostly, the ratings are management quality or investment managers rating. They assess the quality of your managers. It shows how good your fund manager is in managing your assets. It also talks about the quality and adherence to internal controls, risk management and operational efficiencies.

These are important. We mostly forget that almost all these fund managers are heavily involved in managing equity based portfolios where quality of the manager shines.

However, for your mmf, it is largely insignificant because SEC mainly limits what each manager can do. Essentially their use of individual judgement is limited

1. You must invest at least 70% in assets that will liquidate within 365 days
2. The assets must have a minimum of BBB rating
3. You cant put more than 20% of your AUM in a single security(no matter how sweet it is) except its government securities (t-bills)
4. Fees and expenses are capped at 1.5% and 3.5% of your NAV
5. You must settle every redemption within T+1
6. Interest must be distributed quaterly
7. Plus the funds are not kept with the fund manager

There are some more rules sha. You can also read more on Regulation of investment of pension fund assets which is allied.

With this, you will see that judgment is limited for MMF but the rating is indicative for Equity based portfolios.

Kindly share their ratings on Naija MMF/Managers.

As I said, I'm open to learning. Take it or leave it.

Preator:
The intl rating agencies actually do national ratings mostly as its more useful locally.

The other onr u wan learn.. 😂 i reserve comment for now. Na public forum

Why shouldn't a rating by Agusto et al give me comfort?

Pls check Agusto et al & S&P et al ratings scope. Maybe I'm missing something.

Agusto et al rate based on National scale while S&P et al rate based on Global scale.

I'm very open to corrections and learning.

Preator:
Your money market is like stock. For example i trade US stocks via bamboo. So what happens to my holdings if bamboo collapses?

A few years back i did some research into that and found out that nothing happens. I simply log on to Drivewealth LLC in US and move on. The stock doesnt get lost until the company's stock i bought from collapses. So if i have Pepsico stock via bamboo, unless pepsico collapses, i am fine.

In this case, Cowrywise, Stanbic, Trustbanc etc are like bamboo. The underlying assets are commercial papers and government securities. As long as Cowrywise executes my instructions to buy those underlying assets, along with funds from other investors, we are safe. We only lose money when government defaults. And that will affect stanbic too.

By the way, its risks and rewards. Also, knowing what i know as a Finance person. augusto rating shouldnt give you any comfort. If u have the time compare ratings by GCR,datapro and Augusto vs those done by standards and Poors or , fitch or moody. U will see a trend.

Odidigboigbo:
Nano should be around 1.5m for 65" I bought 55" for 1.2m

I bought one in September 2025 not up to 1.2m. They're in categories though.

Britishcoins:
To know original TV is very simple, firstly check the back of the TV, the place they normally write the size, you will see the LG logo, Secondly press the menu, you will see LG office in some smart TV...
Even the original ones do get issue, and original LG is not price friendly.... and many Nigerians cannot even afford it.
I bought my 65" original one abt 450k 3 years ago... now it is close to 600k

It's not that simple oooo, just go to Fouani and have peace of mind.

Now its 1.2m for Nano
And about 800k for UHD.

The best president, judiciary officials and senators so far.


Argue with your mama and papa.



If they aint the best, at least 2m Nigerians for dey street dey protest.

You wan sound funny or clownish?

See wetin poor people dey post?

Adenyga, Dangote, Otedola dey play Naija roads and dem dey stay Naija.

valuedammy:
Wetin you dey find for Nigeria road ?

Goo0dHardDick:
Village people don finally remember this guy.

Dude should better go and stay in the UK

Bittersweetnig:
AJ should go and stay in UK, Nigeria will kill him.

Too bad.

Get well soon, AJ. RIP to the dead.

I hope say him still get 30billion stacked somewhere in the soakaway.

Pete Edochie

&


Olu Jacobs - Beauty and the Beast

Nigerians will come and do the predictable


RANT ONLINE


as


USUAL!

Life continues.

Nigerians don't want to be save!


If more than 100m people are unemployed;
More than 20m children are out of school;
More than 150m are struggling to survive (both employed and unemployed ooo);

With all these, no single protest but online ranting upanda.

ezra1990:
Lol...why you dey paint the truth...make their husbands run DNA test because women can't be trusted...wetin concern nurses for this matter now?

Who man?

Allthelight:
are you a woman?

Omo, marry early (18-22)


Make sure you learn a skill, bag a degree and remain intact.


Remember to remind your hubby to run a DNA test immediately after the birth of your offspring(s). Dem nurses dey change children for hospital.

I get 2 preeks.

1 for urinating
The other for kpansing.

No complaints sha, slow and steady. Fast and furious.

When I opened this thread:
https://www.nairaland.com/8582724/how-much-pay-rent-place
and started seeing rents that people were tagging as expensive, my mind just started lamenting to my other mind.

I didn’t see any Abuja person post their rent, abi dem dey fear make dem no tag am as lie?

Omo, the rent people are calling expensive in PH and some other states for a 2–3 bedroom is almost same with what I’m paying for a 1-bedroom here in 'The Centre of Unity'

Abuja people, make una come update this thread. Maybe government go see am and give us subsidy

When I decide to japa, if I no go carry all my families along ehn, I no go move.


How do sum×of×you do this?


You'll japa and still be insulting and badmouthing Nigeria from abroad, the same Nigeria wey you leave all your siblings and parents inside.


Kai!

So legislators wan do oversight for MDAs, na the MDAs go provide logistics money?


Isn't this questionable?

I hope there won't be any Randy Orton's moves today like this:
https://youtube.com/shorts/6uu8WXCEUgg?si=Pc7SOchbiEj3hh7P



I prefer to see John Cena's.

Let see who they will replace the DANCER with.




I won't be surprised if I see a RAPPER!