₦airaland Forum

DAVIDOLAWALE:
Good day fellow investors , Which account number can I use to send fund to Stanbic ibtc money market mutual fund.
I noticed their money market account number was changed recently.

The picture is not clear so you can download the attached.

fibonacci2526:
You dey mind them? Na dem e easy to scam na.By their logic, If someone is offering iPhone 12 for like 300k and because Na 100k be my budget, I suppose go price am 100k when I know that my 100k will probably get me iPhone 7+ Abi? Can't even wrap my head around these takes to be honest.

For God sake we are talking about a second hand phone. Personally I would never even buy any gadget used by anybody except you dey my house and I know when and how you bought it. Instead I will go for a lower version of a new one.

That said, Oga no be sin say person price market just tell am say you no sell e don finish... It's only on this thread I see that if someone price lower it is easy for him/her to fall into scam but if seller add money to his quoted price he is legit.

If person price your product and him money no reach need no dey to insult am. 'I no sell' no go commot anything from you. You can quote any price for that phone and he can bid any price it is only when you agree that goods and money will exchange hand. On eBay people bid $200 item for $30 it hurts nobody. So I don't get what the fuss is.

MrSuama:
Wallahi I felt so bad with the way he insulted the guy. He could have simply said no. The same Redmi note 7 4/64 version people are advertising here for 50k to 55k is what I saw on jiji advertised for 40k. When I sent him a deal of 30k he simply replied me with smiles no deal and after negotiating he even agreed 39k.

Even In Bauchi, I saw a very neat Redmi note 8pro with a slight crack at the back which would be hidden with a pouch for 55k. This is a phone with the lowest advertised rate of 70k on Jiji.

The fact you can't sell at a given price does not mean others can't. The same phone weh you wan sell others na dash out them go use am do.

I don't really know who you are but from your body language it seems you gat more than enough, so why not extend an olive branch to my brother in the #40k gang by dashing him the device so that he can really use his 40k to eat as advised by you.

To be frank some times some sellers on this thread do not help matters at all. I have contacted a seller for a phone and asked if he has someone reliable in my area (an escrow) where I will see the phone before payment. His next response was that if I can't pay before he send the phone, we can't deal. I smiled and say ok. But he eventually sent me a message minutes later, provided one and the transaction went seamless. I went saw the phone transferred his money and collected my phone.

I always see them call prices here and write firm. In December, I wanted to get Umidigi A7 Pro for someone. I already checked out the prices available on Jumia but here I will have a direct contact with the seller and possibly get it faster or so I thought. I sent a message to a seller that has a quoted (firm) price for it here after check. The price he gave me in the chat was about N10,000 higher than the firm price here. I thought that maybe he wouldnt know how I knew he had it. So I told him that the price was different from the price I just saw on Nairaland. He said the price he just gave me was the price he will sell. Thank God a Jumia seller had it at a better price. I just ordered it immediately from jumia and sent him the screenshot of my order. Though it took like 5 days before it got to me but then it's worth more than 10k plus the 4k voucher I already have.

Why then will you get angry if a customer price lower an item lower? If a customer do not buy what you sell others will buy. If you do not sell to a customer he will still contact others too till he gets elsewhere. There is nothing wrong on pricing and also nothing wrong if you tell him no you can't sell it at that price. He can't force your item from you.

seborrhic:
My question is if JJ Okocha felt that the bureau D Change business was not yielding any revenue and was a drain pipe,why did he go and now register same bureau de change business,this time in his name?
Both sides are not telling us the whole truth.

It is not the Bureau the Change business that was not yielding profit. It was the managers that were not running the business sincerely. It is very common in Nigeria. Once they sense that you have money, they would device means to swindle you. I guess that was what he realised and decided to run his own by himself.

chimex38:
Is is true you must have about 1millon in your account before u use Stanbic brokers as ur firm..
I was about to fill their online form as my agents when o saw the about..
I need more enlightment from experienced folks if its a clause with a condition. as i ve about 20k to start with plan to keep topping up for the stocks i choose..
I need advice,thanks.

You are already getting your replies on the stock thread.

NL1960:
Is this Naira equivalent or raw dollars?.

Who go collect dollar equivalent from your. Na you go come with your dollar ooo. So if you do not have it at home or in your dorm account, na aboki go supply you.

emmanuelewumi:
Ask them to mail your updated statement of account to you.

I have been using United Capital for the past 15 years

@4tunebest above is a very good testimony. I am using them too and their services are ok.

However, one thing I discovered with Nigeria financial service providers and asset managers is that a lot of transactions done by December ending especially in Christmas week and first week of January are likely to get delayed and may need some follow up before it is where you want it. Because of that I am still keeping some some funds I would deposited to them. End of the year activities of balancing accounts and others will distract them.

If it is not done yet. You can use their whatapps number for a direct complaint. 0 8 1 six 8 2 8 two 3 9 6

BIGPREEQ:
Why Is This So In The South East?? I Need Explanation

So today I decided to travel to Owerri from onitsha for a business meeting, the journey was meant to be a 1hr30min journey or less, but the check point for such short distance was sooo much!!

Like literally every 1km of the road has checkpoint, it's so bad that from a particular check point, you can basically see another check point ahead.

Ranging from the Army to the police to FRSC. Basically every force is on the road and all of them including the army were collecting bribe from the drivers. I actually felt bad for the drivers because it was too much. I felt really disgusted as well because I expected them to distinguish themselves but no they didn't.

I guess this is why the transport rate here is on the high side.

Now I've spent 4hrs on the road due to traffic induced by these forces from blockage of the road

Last week I came back from Abuja to Anambra and the check point were few across the north and I kept wondering.

Is there insurgency in the SE or is the crime rate high here or what exactly is the cause of this excess checkpoints / extortion points

It bad of of the security agencies for collecting bribe from drivers. The cost is eventually transferred to innocent commuters at the end of the day.

It is a very bad situation. However, it is better than what would have been if the road is left free. Most times for us as a people we complain about most things because of the inconvinnience felt at that moment not knowing/considering that it is for a reason.

Our different communities/societies are the cause of the security situation of they get. The first time I visited the East as an adult, I saw a bank bullion van carrying money escorted by a Joint Task Force of Army, Mopol and others in about 3 Hilux Van. I was shocked and couldn't comprehend because everywhere I have been in Nigeria before then a bullion van will just pass you with only 1 police Hilux as escort with no much fuss.

To comprehend the situation, I inquired from a police man than once served there. He told me that the situation I witnessed was even better that it got to time they could not move cash in bullion van but it had to be moved via police helicopter. He said it is so because armed robbers must attack them so they have to prepare it. In such situations, innocent people loss their lives too so they had to consider the chopper. Do not forget that Kidnapping and similar crimes are prevalent there during this season. It actually commenced from there before it went national.

Those security arrangement are always put in place by the governors as the CSO of their state to ensure the security of their people. They cannot just fold their arms and watch. It is somehow the best of worst situations for them. Yes there will still be crimes with all of them there but then the rate will be reduced than what would have been.

I believe that If everything was ok those security guys would want to celebrate and party for Christmas too but then that is where they found themselves.. No excuse for bad behaviours anyway but a very high possibility is they that they may not even get their entitlement for the job from their authority.

I believe if we all can find a way to preach to our communities to avoid crimes it would go a long way in reducing the presence of security agencies from our community.

unite4real:
All the sukuk coupons coming in batches is really surprising to me. Although I got mine in the afternoon on 16th, I find it uncomfortable to read about the delays. I have never experienced this with all bonds. There is need to make enquires to know why this happened. One day without my money is a loss to me.

Considering that we are expecting another sukuk rental payment next week, I have to dig deep because I don't want this delay to happen to me.

I did all my sukuks with lotus capital and the rentals have never missed the payment dates.

Pls let's know if there are any outstanding rentals for last week and the broker used.

Yes it is very true that a day without payment is a loss and today will make it about 6 days loss on that rent for me. However, I have discovered what went wrong and I am trying to see how it can be corrected. The fault is neither from me nor Morgan as I thought implied.

It is an error from CSCS. They did not input my account number correctctly hence the transaction failed. In the transaction status It was showing Invalid Nuban Number. I don't know how fast they treat complaint but it is something that could be done immediately.

ojesymsym:
You can check now, looks like it has finally landed.

I just checked, it has not landed.

cooldudeng:
My Sukuk coupon just landed. I’m sure yours is on the way

Unfortunately, it didn't land today. Tomorrow is weekend so I will have to start hoping again on Monday. It's now added to my investment mistakes of 2020. I will never use Morgan for such investment again except they are the issuing or main partners/ collection house for the FG.

kemi21:
I have not received mine. I purchased through afrinvest. I was told that its paid I. Several batches. I suppose we give it a few days.

It should not be that way. Investor are given dates of rental payments for a reason. Millions of people invest in treasury and get their pay back on due date except it falls on weekends or public holiday. The due day for this was on a business day and it didn't come through. I had plans for the coupon and they have scattered it. Also the 2 days delay is to attract something too. If it is to be paid in batches collection would have been in batches too. Everything about the payment should have been arranged before now.. They had 6 months to do it for God sake..

Myhelper1:
I don't think it's MC fault as they're not the one paying coupon.

All the people I know that did through other source have received their coupon. Today is an added day gone. The official date announced is 16 Dec and I haven't gotten it at the end of 17 Dec. With that I have lost a day already. I only know myself that did through them and have not gotten that I am not happy with them.

ositadiima1:
I just dey go through my email updates come find d alert, chai it is well. It landed yesterday. Not bad.

Yours is good. I do not know what is wrong with Morgan Capital Group on this one ooo. I have not gotten my rental payment. I mailed them earlier today and was told that it is being paid in batches how many days will it take to clear the batches for God sake. This is something I would have just paid in any of the receiving bank and send the proof of payment and the subscription form to DMO by myself. Morgan is just getting me angry.

Jetline:
I carried out the transaction through my bank.
Stanbic IBTC Asaba branch

Stanbic IBTC is a great bank but of recent some of their staff are becoming dubious. I heard on Human Right Radio that one account officer in one of their Kano branches duped his customer for about 52M because the customer was not literate. The man only came to realize that when a partner he issue a cheque of 12M did not see anything to cash and had him arrested.


So you need to put your feet down. Combine all medium to let them explain. If your Twitter account is a vibrant one, the better for you. If it is not, as you twit it on their page you may get other vibrant accounts/influencers to help you retwit it too. You can also call their customer service. Mail them and copy CBN even though this time the CBN complaint unit no longer seem to be as active as it used to be.

apartlawful:
There is this corper I met during orientation camp in Ikare akoko ondo state few yrs back He is like 45yrs old. I still don't know how he did till today

The age limit is 30 years. Anyone graduating above 30 is supposed to get an exemption but in Nigeria many people have their ways of disregarding the law.

Back then in my service year, I served with a woman that has a that's almost my age.

BrokerHaruna:
Those scrambling to scoop ETI now are not fools. Remember; buy on the deep!

I am not analyst but to be very sincere with you, something is fundamentally wrong with ETI, they swallowed a dead big animal that refused to digest. I used to operate a salary account with them. I started seeing some signs that all is not well with their services not long after they took over that Oceanic Bank but was hesitant in moving because of the bureaucracy in changing a salary account where I work. I had to summon courage last year ending to do because of incessant network unavailability, unreliability and general poor service delivery.

Around Abuja and its environs where I reside, several branches have been shut down. There used to be 2 branches in Gwarimpa, now 1 has been closed with the other offering epileptic services. Same thing with Kubwa, Garki Area 3 had 1 main Ecobank now closed. Garki area 7 and 8 have 1 branch each adjacent to each other. The one in Area 8 is so poor in service that sometimes operations is halted when there is no electricity from AEDC. Another one in shippers plaza, wuse zone 5 now closed. Madalla branch is also now closed(Though the closure of this is said to due to the planned expansion of road Abuja- Kaduna.

They may be others branches closed that I have not even observed. Most times their ATM machine will pay other bank customers but for their customers carrying their cards " Issuer will be inoperative". It is only easier to cash money from accounts with them through POS.

All these plus the fact that they do even not pay dividend these days make it seem very unappealing to me.

Grupo:
Why?

The major underlying asset for most MMF here is Treasury Bill. Now, the highest tenure rate is already competing with the very low savings account interest rates and no fund manager has announced any plans of maybe diversifying MMF
so far. Since it is no longer tenable to me, I believe my money in my account will help me better incase I need to take any swift investment decision.

talk2tonie:
NTB Auction Result for today 25th November 2020

91 days - 0.0215
182 days - 0.0900
364 days - 0.1500

Happy investing

Hmmm, it's now close to the time to move my small balance from MMF.

petaling:
This is true.
Morgan website is not optimised for mobile devices. Be sure you use lap/desktop for flawless navigation.

Buying a phone with better spec...Not big name ooo. I think will solve some of those optimization issues. I have been using phone for Morgan Itrade for upto 4 years now. The only time I experience issue is if the NSE network is down; if Morgan is having difficulty of connecting to NSE live trade, if my phone is having network issue where I am or issues with KYC as recently observed. Morgan Itrade runs flawlessly on this my old phone.

MssRose:
Thanks alot.

You are welcome.

MssRose:
Thanks, apart from the normal transfer charge of #52, is there any additional charges?

If you are transfering from your StanbicIBTC bank mobile app to any of their mutual fund account the only charge will incure is maybe SMS alerts charge if you use the service. It is same bank transfer so there should be no charge except for only "one fund" where they use a standard chartered Bank account and maybe the dollar fund if it is not same as the standard chartered account.

MssRose:
Please can this be done online using their mobile app

Yes, it can be done with StanbicIBTC bank mobile app if you have an account with them.

emmanuelewumi:
Are you sure? Where is that?


We should do our due diligence and avoid goods that are very cheap, some are stolen or looted during the last unrest in the country

I don't know the state he resides but it is very possible. A bag of Nigerian rice where I reside now between N26000-N28,000. However, I know somebody that has been getting foreign rice from Katsina around N20,000. Though the last one he got early this month is N21,000.

kristien4:
Pls someone help me with the answer to this...on savings account that receive monthly interest, what is the maximum number of debit transactions allowed??

3

aezenkwu:
Black Friday deals
Redmi 9 4+64@65k
Note 9 pro 6+128@109k
Note 9 4+128@82k
Note 9 3+64@75k
Note9s 6/128 95k
Mi10lite 6/128 145k
Note8pro 6/128 97k

Pay on delivery Lagos and Onitsha
07037890136.

Thank you for coming through @ aezenkwu.

First of I want to say sorry for making you go through the stress of looking for an Escrow because my location was not on your POD list and it was not part of your business decision to consider it. It was my first of dealing with someone in this phone section. Also, I needed a 50/50 ground that is the same reason I didn't request for POD either.

I appreciate the fact that you were flexible with me in your dealings even when it seemed the deal may not go through. You had faith in it and went ahead to find an escrow.

No doubt I chose to deal with you from here because your price for the Redmi Note 9 pro was the fairest of of all I see, your shipping fee also very considerate.

I kept praying my bank app network didn't disappoint as it does sometimes so that you will not be disappointed and thank God it didn't. My regards to our Escrow your (friends wife). I really disturb her with calls ooo.

I will love deal with you again and again whenever I have the need or have someone that's in need of phone and gathers you deal in.

Thank you

Systrom:
Do soldiers and military men go for service. Let’s say they went back to school while still a soldier. After school, will they go for service?

Also, can an NDA graduate go for service

Thanks

Nooo military men do not go for service. There are already serving Nation. There are exempted.

Ablemed:
Thanks for this piece of Advice GeoAfrikana

pls my own question is, actually I have an intention of joining the Force. NAF to be precise, so I'm working at influencing my service to Bauchi so I can serve at the NAF base there either teaching or any Dept I'm required to work

Do you think it'll help boost my CV in the application for the NAF recruitment??

It should boost your CV. If you work your way there and relate well with everyone. Ensure you get yourself in the good books of senior officers there; you will get good references. Serving with them will also expose you to their ways of doing thing that could prepare you before hand. Depending on your course of study, if you read a professional course and your area of study is needed your display of efficiency, effectiveness and readiness to learn may also favour.

The most important thing is that have set your goal. Work towards it, have faith and believe in God that it is possible except if he has a better option for you.

Hmmm.... I see a trap for breaching of security here. So long as some is neither a celebrity or a fraudster. There is no need of showing any asset as proof to anybody. Anyone can claim anything on Internet but so long as he/she doesn't try to dupe you of anything, Its all normal.

If anyone decide to brandish or claim whatever on Internet it's his/her personal business. Trying to blackmail/cajole the person to prove anything when you are not in any contractual agreement with them is not normal. You can choose to believe his claim or not depending on how you view it. If you don't, anytime you are to do any serious business with him or take serious decisions with inspiration from him then you do your background check. That's all.

TotoNaRubber:
Good morning everyone,
I would like to read from anyone who invested in the FGN N150 Billion SUKUK Bond that was later upgraded to N162 billion SUKUK Bond maturing June 2027 at 11.2 % .

I thought the first coupon payment was supposed to be in July 2020 as it is a half yearly coupon payments ?

Did anyone receive any coupon payment for this bond in July 2020 ? Or is it too early to expect coupon payment.
Secondly, when should a coupon payment be expected ?
Thanks

First coupon is expected 16 December 2020.

Darkseid:
That's exactly how I have been doing it.

Then you will have to contact your bank cos I did same 2 times from my GTB and non was returned. It has reflected on my mutual fund account.