₦airaland Forum

slawormiir:
Damnnn niggar
I got no idea who this moe is

And they should stop praising the Nigeria embassy and ambassador

That is thier job


You are not a real niggar

That's Nigerians for you. You loathe them when they don't do their job but when they do there are not to be praised because it's their job.

Footballers play football as their job and are praised when they do well. Sometimes they even get awards for it. Musicians too play/make music as their job. They get praised when they do well and sometimes get awards for it too. Why is it that Nigerian public officials only get called out when they don't do well but when they do well you guys do not like people praising them. Why?

mickky22:
Happy new year Guru in the houses.

Please I need 3 good dividend shares that you can recommend.

Thanks in anticipation.


Best regards.

Zenith Bank
UCap &
GTCo..

Going by their track records. Though GT just metamorphosed into a holding company not quite long and that particular corporate action could change behaviour. Make I leave people wey sabi to chuk mouth.

The game was well played. It wasn't Arsenal's to win. If Martinelli had buried his last attempt before the penalty City would have gone to pass the ball instead.

The had work and determination was there but mentally, the team hasn't arrived yet. Xhaka has no business holding the guy in box 18 whether he was diving or not.

Though the Ref was kind of rash in his distribution of cards especially to Arsenal players (like his card to Saka and Gabriel's first card) which somehow affected the game, I think Arsenal players too should try and manage their temperament when winning in big games especially. Nothing wrong if they complain to their captain and allow him take issues up to the Ref instead of talking anyhow.

In all it was a good fight between two top 4 teams.

Thehilah4jesus:
@emmanuelewunmi please l haven't heard anything from stanbic ibtc capital since l paid 1.5m to the stanbic account you dropped on this platform for sukuk 4.l called their customer care and l was asked to send the form and proof of payment to them and they will forward it to the right quarters but up until now since 22nd of Dec l haven't heard anything back.what can l do about this please?thanks in earnest

To me ooo, I feel you should be contacting the bank or asking other people that subscribed here if they have heard from the Issuing Houses they used. I don't think anyone has heard from any of the issuing houses or broker/agents yet. If successful, you will be contacted and certified/proof of investment forward to the email through which you communicated with them. Also, people around here will talk about it.

emmanuelewumi:
Bond reopening in the primary market is through the banks

Okay, was thinking they could participate too as a broker.

Pesuzok:
I buy through Morgan capital.

I check the debt market for any appealing FGN bond and send an email to Morgan capital stating the bond name and quantity I want them to buy for me.

While searching for fgn bond, take note of the tenor remaining and the premium you might be paying to buy it. You need to do some calculations to know what exactly you will be getting.

I sometimes buy bonds at premium and use a year's coupon to offset that.

This should be from the floor of the NSE right? I have used them for FGN Saving Bond but I once contacted them for a possibility of subscribing to an FGN reopening bond and they told me they are yet to start.

This is a normal thing that you shouldn't allow to bother you. Lots of people want to cajole/blackmail their friends, relations and neighbours to buying what they sell even when those involved are not so comfortable. Personally, I feel those people should be more concerned at addressing the reason why people that are supposed to get things from them are going elsewhere to buy.

Some of these reasons are:
1. Unnecessary inflation of prices which most times leads to not being able to sell fresh items early enough and as a result leads to...

2. Lack of fresh items / availability of expired items.

3. Gossiping instead of facing their business which is the main reason for them coming out, they would be discussing other people's business.

Though, they sometimes succeed in hoodwinking some shy and indecisive people. However, so long as you are not going to depend on them when broke: collecting on credit to pay back when you have the money, then it is fine to just do what's best for yourself. Buy from where you feel comfortable.

jedisco:
Government borrowing rates are very different from individual rates.

More than 10% for government bonds is extremely high. Very few countries offer that- and such countries all have one thing in common. They have about the worst performing currencies.

Business folks may get higher rates of returns but it comes with added risks. You don't expect PFAs to put folks pensions in recharge card business. The reason I didn't partake in the last bond was cos I had used free funds I had to buy grains backs weeks. A bag of maize I bought for 17.5k then now sells for 25k. That's over 40% in about 2 months and prices may still rise before the rains. But then, it doesn't come with the safety a government backed bond gives

You are not considering the prevailing Bond Market rates... MTN Nigeria issued a 10 year corporate not quite long, same with Dangote Cement and Lagos State Government. Their rates were all in the neighborhood of 12%. All these are to be considered in determining rates. Like I ask before and will still ask again does it mean that the experts of these companies and state government are not being prudent too..? These companies and sub-national Bonds are well rated and have not defaulted too. So the risks with them are relatively minimal.

You should be looking at the inflation rate and devaluation and currency devaluation in the USA and China when using their bond rates as reference.

emmanuelewumi:
They are commercial papers. Commercial papers are for 270 days and below.

Be careful Sha, they can disappoint ooo except the issuers have very good credit ratings

Yes, so I read. So I try to check their ratings, and track records.

emmanuelewumi:
Those are corporate bonds and not commercial papers.


What was the tenor of the investment

Their tenors for all are 270. Though they had 180. They are Commercial Papers..

Someone even posted Mixta Africa CP here then for about 15% sef. I just drag leg... And no enough money for my hand then. If not I would have subscribed.

emmanuelewumi:
Commercial papers at 12% keh, who are the issuers ?


Not buying the public offer of MTN should not cause any regret

Coronation Merchant Bank was about 12.3%

Valency Agro Nigeria Limited was about 13.7%

DLM Capital Group Limited was about 13.09...

emmanuelewumi:
What are our investment mistakes in 2021?

What are the Investments and businesses that gave us the best returns in 2021?


What are our investment plans for 2022?

Not buying vitafoam from about N4 when it was being discussed in the NSEMPA. That's even before 2021 ooo... Na better money I for don gain. It's most because of the illiquid nature then that made me look away... Also I did not just concluded MTN PO even when many investment houses were sending me numerous messages about it. I wanted to ooo but had to change to wait and get later from NSE. Also I could not subscribe to the MTN 10 year Cooperate Bond because my account then send no reach minimum required subscription... I also couldn't subscribe to the Mixta Africa CP advertised here. The rate seem to be the among the CPs I came across this year.

I had to delve into alternatives to TB this year as it became glaring that rates are not going to get to double digits soon. I did about 3 CP with rates from 12.2% to 13.7%. As I no get power and money for real estate. I just start to invest small small.

2022 na preelection year. I am assuming that people will start dumping some of their shares because of the uncertainty that comes with the election. Na to try begin get some.

Omoedeki:
Lost 2M to this Ponzi scheme that came in the name of forex. They never showed to us their MT4 account nor myfxbook page to verify their claim. I foolishly invested because I knew that 15% is very small to achieve when you actually know how to trade forex. Now I know better.

Intelligence Prime Capital LTD a Company registered in both Canada and the United States has come to the rescue. Now I can see my investment in my own Mt4 platform and follow the trades daily then cash out my profit weekly.
I can also go to their office in Ontario or call FINTRAC on them if I suspect any fowl play �.

If you are interested you can sign up using the link in my signature. Also you can shoot me an email for guidance.

It shall never be well with Maxwell for deceiving many of us.

Very wicked soul... The loss people have incurred already is not enough for so you want to add more sorrow to them?

People will repeat your last line for you when your FINTRAC vanish.

steveneche:
My uncle died early this year. He was the head of finance in the company he worked before his demise.

Now due to the level of influence he had in the company, I was made an offer because they know me well in the company.

5million cash, or I get employed in the company with 100,000 monthly pay starting January.

Please Nairalanders help me decide... Candid opinion please

If you have flare for business and have a plan already you can go for the N5,000,000. You can also collect the money if you feel you can have another job elsewhere. Collect and invest it. However, if you know that you can't do business and don't have prospect for another please collect job. That 5,000,000 is about 4 years 2 months salary. Minus the salary other things can come up that will give you more money. You can also grow more on the Job too.

Onyeka2019:
Way Kanu and Musa photos

The second picture with 2 boys sitting on their mum is Musa's family. The senior boy is his replica.

Mercychen:
What kind of xmas gift can you suggest for a guy who wears and uses designer stuff.

He's not a card person. So let's not go there. He already has tons of perfs which was what I wanted to get but I don't want something that he'll abandon in his stash.

Please I'm on a budget here Biko. I already spent so much putting my house in shape.

Thanks.

Cufflinks, belt, wallet, shoes...the list is inexhaustible if I want to continue..

Akerewe:
Av tried doing that but i was ask to fill an indemnity form which i didnt agree to but i will look into it these days because no time to be visiting the branch. thanks

Yes that is their required process. You will even need a witness for the form. At the end of the day, you will have to way your options and make a decision you will standby.

What is the difference between interest, rent and profit? Why is interest classified as Ar- Ribaa and the others not?

emmanuelewumi:
Please do it before 12 noon, if possible call your account officer.

Next time you can walk into the bank to do the transfer if the cash if beyond your daily limit

Or if you intend to be doing that volume of transactions from your comfort zone. You can increase your limit. The maximum you can increase to for the app and internet access is 5M.

emmanuelewumi:
Just got this from Stanbic IBTC Capital, Sukuk 4 coupon reviewed to 13%.

And also extended by 24 hours

It is likely that they may not have met their required target sum of 250 billion before it closed yesterday so they had to extend it. Also,

Though, there were lots of assumptions in the discussions here earlier. In all there was no consideration for the prevailing market price of 10 year bond issues in 2021 for both cooperate and government bond across board. MTN, Dangote Cement , Lagos State government etc all issued 10- year bonds this year. The benchmark/band of their rates were all from 12%. Will these corporate guys want to be imprudent as we perceive the FG Managers?

Thehilah4jesus:
Yes l did and sent an email but it was sent back that it can't be delivered

You can use other banks or agent or issuing Houses.

The joint issuing houses are Greenwich,Stanbic and Vetiva. You can subscribe through any of them.


To invest in the FGN Sukuk Issuance through Greenwich, Kindly complete the subscription form and make payment into

GSL/FGN Series IV Sukuk
Access Bank Account Number
1517480518.

Then send the completed forms and evidence of payment to:

fgnseries1vsukuk@greenwichbankgroup.com.

Include your CHN and Stockbroker in the mail if you have one.

Which anonymous and you are covering the sender's detail. Why you no leave am as it is...

Thehilah4jesus:
Please who is meant to fill the part of the sukuk form for witness and sign? And what does it mean that applicant should not print his signature and if unable to sign the normal manner he should be treated for the purpose of this offer as an illetrate and his right thumb should be clearly

The person meant to fill the witness part is the literate person or the financial adviser filling the form for an intended investors that is not literate or would not be able to sign but thumbprint.

Your second question is self explanatory. You are to sign the form. If anything would make you not to be able to sign, then you thumbprint.

Livestrong:
Please I need some steer. Can someone fill the Sukuk form without d cscs, and then have it inputed in his cscs account later.
I used to operate with cashcraft which is now default, don't know if I can use their cscs, so I'm in process of opening a new stockbroking acct.

Your CSCS account from Cashcraft should suffice. The broker or agent is just a vehicle. At the end, It is supposed to be warehoused somewhere for subsequent transaction when required. The CSCS or FMDQ is that warehouse.

With that your Cashcraft CSCS account number you can still see your investment on CSCS platform any time you wish to if you subscribe to it.

Also for those that does not have a CSCS account, you can still subscribe. That's why this part : E-allotment Preference: Investors with no A/C is included in the form. Just choose where you want it either with CSCS or FMDQ. However, you may be able to transfer/sell at will before maturity without contacting the CSCS...

Thehilah4jesus:
Please what is the E-allotment details on the sukuk form(Applicant S4/Custodian A/C. I am pretty new to these things but l just registered my Cscs

Tick CSCS and input your CSCS number in the space provided under. Then Tick CSCS under again.

Thehilah4jesus:
Please help me,how do l complete the sukuk application form.l can't edit it.do l print it out and fill then scan it back to the email address. Biko l need urgent answer.thank you in anticipation

If you want to complete the form without printing It out to fill. You can use Adobe Acrobat application to open on either your phone or computer (If your computer has touch/calibrating screen because you may need to use your finger or stylus to sign it) After opening it with the application, select the fill and sign option, tap each field you want to fill and start filling.

creategist:
The Sukuk tenors are rather lengthy (7 and 10 years) if someone subscribes to them and intends getting out pre-maturity is it guaranteed he/she will suffer a loss on their initial investment?

Na market forces go determine that one ooo....

Mommytas:
Guys check these airdrop is � legit hurry up and grab yours few days left

https://metakings.ai/buy?r=WmED9bSuuA

. Any wey them dey scream legit dey in haste is likely going to bring tears at the end...

Leeds United has about 7 injured senior/first players going into this game. Arsenal should win.

Mills55:
Sukuk just landed. Christmas settlement.

Confirmed.... Mine too has entered.

Nero4306:
How do one subscribe to this 2021 sukuk bond??

You can contact any of the receiving bank listed there or your registered stock broker if you have one.

In life everyone has his own luck and destiny. They are drawing this comparison because he is having issues... What about Raheem Sterling that left there to Mancity and since then have been a bigger player than he was in Liverpool? What about Luis Suarez too? Why did they compare Storridge that stay till his career was wrecked...? Abeg, in life some moves will pay off others won't.. That the creators design....