₦airaland Forum

I have just 80k unit of EvansMed @ average price of N1.10 if you are interest I can cross it over to you at half the price.. Thank You

Why is the account they sent for the duty not customs or gov/remittance account. If it is actually the duty and that is the charge? If it was ordered through Jumia the custom duty charge would not have been upto N1,000. I do not know the country you ordered from sha.. But what I do if I order from USA is to contact a shipping company(www.heroshe.com) mostly if an order is upto or exceed certain amount stores offer free shipping.. So I will use that to ship it to heroshe warehouse. From there we calculate the shipping down to Nigeria by kilogrammes. Then after payment & confirmation you are given a time line for pick up or delivery depending on your location and option. They do not disturb you with any payment in Nigeria... They take care of duty from the charge..

This fedex custom duty tarrif is not customer friendly at all... Its not as if Nigeria is making phones per say so there is not stiff regulation on the importation.

I think you should go to their office in person and see if you can Negotiate it ooo.

Aim07:
Please i invest 105k in tb and i ticked invest with d interest at 10.5% for 290 days in FBN last week Friday. How should i expect at d end of d tenure? i was asked to check for my certificate.

At maturity you will get N9,000. I am sure the fraction remaining would have been sent to your account after removing their commission and VAT.

aremso:
meristem charges what is obtainable in the industry and for Morgan, the have charges for withdrawal of fund and by the time u add those charges together, it would amount to the same charges.

Morgan charge for withdrawal is just is very negligible it's just N500 between 1.00 to 1,000,000.00 and N1,000 for 1,000,001.00 to 5,000,000.00. Depending on your volume and frequency of transaction what you stand to gain from morgan is more.

Cadillac15:
The bear period is a time to know the true members of NSEMPA. You wont hear the history of some directors and CEOs neither will you hear Km 10 or Boulevard 30.

Ani ne aba go nime onunu mile mi

Once the bulls surface now, you will start hearing how some stocks were bought in 2002 @ 20kobo and how the Lion killed the tortoise stories.

Kudos to the real Ogas here

Cc

Agba
CP monkey hunter
OGG
Rabbi
Loco
Fxuser - though missing in action since
BBM

If Pa Ewunmi catch somebody eehn.

Desanta:
Has anyone used this I-invest app. from sterling bank? Is it reliable? Is it easy for one to get his money back?

It's actually by parthians partners limited but in partnership with sterling. I have downloaded it on my phone and it looks very cool and easy to navigate but I am yet to try it with cash.

michael03:
Gud evein all pls I nid to kno how interest rate in secondary market is bn calculated,is it d same way with pry market?

Yes

Fidelity landed around 1:40pm for my side...

Harddiskng:
Its not a crime to lack understanding at a point, remaining ignorant should be a crime.

If you read my later post, you would see where i stated something about placing a call to customer-care to seek clarification.

Sorry I just responded to your message immediately I saw it. I didn't mean it's an offence in anyway. I was just trying to point out that your were ignoring the first point in the screenshot which is very vital.

Harddiskng:
I was actually waiting for this if you are a staff, please fix-up your services.

Thank God for your ability to read, oya come lets read it together. (See screenshot).

5 days is for Paper redemption, you can call their customer service to verify. If you are a staff, I am sure you know this already.

NB: Have a strong inbuilt bullshit detector. Never mistake an excuse with an explanation

I think you are the person that lacked the understanding of what you just posted. It is clearly stated as the first point that redemption is within 5 business days.

As simple as the poster before me said... Just go to their website and register. You may need pay something for confirmation but it will eventually be refunded....

Sammybabelious:
Good pm my sabi/gurus in the House. Please I have come again,thanks for the swift responses I got 91days ago.lolz...

Back to my question, am a Frist timer on TB,I did 1.1M ,around feb dis year and I got 11.75 thereabout,FBN,primary market and I was given around 35k interest.Today should be the end of d tenure, wen I checked my balance online I was credited #583 ,,,,,now my confusion is that it seems I mistaken ticked rollover(or they did),now I don't know what rate that I was given,
2.....pls can I go to another first bank branch to make confirmation....(because presently am not in the state I did d last TB transaction)
3......if the rate is small ,can I terminate d TB...
Pls I need answers fast...

Please gurus, I was having 1.1M, plus the 35k that 1.135k,now it was reinvented, and #583 was dropped into my account,,pls at wat rate do u think it ,at 91 days.pls urgent answer is needed...
Plenty thanks

If your initial TB investment in FBN was through primary and you chose reinvest Principal + interest option it will be rolled over at maturity automatically without contact you. TB investment is in multiples of N1000. The N583 you got is the amount not upto the 1k to be reinvested when rolling over. If you go to other branch of FBN they will see the details of your transaction but will not give you the certificate because the investment was not done there; at best they may give sketchy detail verbally. However you can mail firstcontact@firstbankofnigeria.com to request for it to be emailed to you. They can easily contact your branch and ask them to forward it to you.

janga:
ANYONE INVESTED TREASURY BILLS IN DIAMOND BANK AND IN WHAT RATE DOES THE BANK GAVE YOU?

Pls look for a better bank..

Will this ever happen again?..

Horlartunes:
the current
CBN rate GTB

You will have to contact GTB to know what their current rate is.

Horlartunes:
help me to.calculate 20m for 364 days will give how much

@ what rate(%)?

Horlartunes:
abeg drop your whatsapp so you help me how to go with it

No need dropping any what'sapp number again.. Everything can be discussed here.

I am considering this investment one Vintage dollar fund after enough stress to open a dorm... However, afraid is catching me because of the recent Naira and Renminbi currency swap deal between Central Bank of Nigeria and People's Bank of China. I do not what the future holds... No clear picture of how it may affect the NGN/USB exchange rate in the nearest future.

TONY56:
All these are happening because the investments were done with First Bank. That's one of the reasons I stick to my darling Stambic. There's no roll over with them and no reinvestement of upfront profit. So nobody will tell me that my money was rolled over or that my interest was mistakenly reinvested.

I am also aware that some investors too don't like Stambic cause of the very reason why I like them.

"One man's meat is another man's poision"

Very true... I was actually using Stanbic before FBN and the funny thing is that I started using FBN because of that rollover principal + interest option but if it fails it can go either way.

Olarewajub:
I'm i not entitled to an interest if my investment was rolled over?

Hmmm....! It depends ooo... I once gave an instruction for my investment to be terminated and the instruction was not carried out. When I got there and discovered it was rolled over I told them I didn't ask them to rollover.. They calmed me down and promised it be resolved the TB was resold in the Secondary Market with lesser percentage and part of the interest I earned from the first one was eroded.

Olarewajub:
Happy Weekend

My treasury bill got matured earlier this month and since then, First Bank has refused to give back my investment. I've already contacted Firstcontact and their response is that they are investigating on the issue. But now everything seems to be like fraud. To the experienced folks here, what legal actions can i take to recover my money?

Unfortunately for me, I'm far away from the bank the TB was done. Nevertheless, I'll be storming any of their branch on Monday

In addendum, i got a call from a Lady this week claiming to be from First Bank. She only asked whether i took any loan and my response was negative. .

Good day to you,

It's OK to be alarmed if anything unusual is happening to your investment. However there are things you should be sure of before laying complaints.
1. Did you collect your proof/certificate of investment when you invest..? This is because if you have doubt on date, tenure, rate and maturity that is the best and easiest place to consult before the bank is the certificate. It also stands as your proof of investment but if you have deduction alert or notification it could also serve.
2. You make sure you check your account balance. On several occasions my funds have been personally dropped in my account with any alert or notification. From 9:00am of Thursday you fund matures it start dropping automatically except if you are to roll over.
3. You will have to remember if it primary or secondary market you invested in if possible note it down somewhere whenever you invest.. Reasons are; first the staff checking will know exactly what to check.. I once did a primary market investment with a branch of FBN and when I got there to collect my proof after a while they told me they couldn't find anything about me on that date. It was when I was about leaving after about 45mins that I remembered it could be an issue then I point that out to them and search and saw my name then printed it for me. Second is that while secondary market matures and get credited to your irrespective of whatever option you choose for reinvestment or not, Primary market do not get credited if you choose the option of reinvestment because FBN are the owner of their own custodian. They will only drop the money for if their bidding for that week is not successful if you choose the rollover option. If you chose to rollover with capital + interest you will only get any amount that is less than one thousand on your interest.

So before going there, check your account if the money was credited, if amount lesser that could be considered as interest or if any small money not up 1k was dropped/credited to your account that has NTB in its narrative. Also, note that any other branch apart from your branch of transaction may not be able to give you the certificate except maybe you request for the e-mail of through firstcontact@firstbankofnigeria.com.

Good luck as you go... I believe that nothing bad will happen to your cash. It will just be a misunderstanding somewhere.

suyamasta:
Has anyone tried Renmoney investment here? whats your opinion about Renmoney??

Haven't heard of anybody trying it here.. Only their marketers come here once in a while in different guise.

Lots of pple here may not remember that voting is not by SMS alone. Each person could vote 100 times through https://africamagic.dstv.com/show/big-brother-nigeria-s3/vote for every nomination week.

I don't understand what this protest is for... I believe the music was not used in acting a movie. It was not used as BBN theme or sound track either. It was only used by a DJ.. Ordinarily upcoming artists beg and in some instances pay for their songs to played inorder for it to get popular..

It is actually your song and you may choose to do whatever you desire with big brother about it. However this is my first time of hearing about you.

eniorisha:
Hello, good people, my fbn TB alert will drop on fri 13th. i'm a prospectv corp member going to camp on next thus 19th. i want to lock my fund in tb pry mkt(fbn) for d next 365 days. if i apply today or tomorrow, will it be completed b4 d 19th?

TB's matures on Wednesday and get settled on Thursday...

phemmie06:
Sir based on your analysis cutix last YE was 29k but 3rd quarter was 30k. Should we be expecting such this year or what lẹd to drop in earnings.
I will also be glad if anyone can help with site dividend and bonuses declared for the past 5-8 years can be viewed.
Thanks

It use to be accurate on www.cashcraft.com back then but now the dates have been scattered.. But the you can still check it you will get something meaningful there.

sameniceguy:
Thanks bro. It dropped

Uwc

sameniceguy:
Hi guys.
Please which point will I receive my capital. Bought TB with FirstBank early Jan. They sent ne an email last 2days that my investment matures today 4th but i am yet to get an alert.

Note I didn’t check for it to be reinvested

Maturing 4th but will drop in your account on 5th. 4th is Wednesday TB proceeds is rarely credit on Wednesday cos that's the auction day. Thursday is FBN settlement day after auction.. So check your account from 9:00am on 5th.

JideSM:
Hi freeman67, please note the regular data bundle share service is not available. ONLY the SME data share service is available https://mtnbusiness.com.ng/sme/datashare

Thanks for your reply...

Grupo:
I started following this thread recently. I have been hearing some words being thrown about. Are you kind enough o help me explain what primary and secondary market mean? Also, face value and all the other values. Thanks

Face value as the name implies is the value of the funds being committed to contract/investment with out any deduction. The amount of money being invested.. i.e principal.

Many people will want to concentrate on the drunken state of the man before going there without asking what an insecticide doing in a bottle water container and what it was doing on the table of a customer that ordered a bottled water.. What sort of carelessness is that..?