₦airaland Forum

talk2tonie:
I have still not receive my sukuk Oct 13th coupon payment. Did anyone here use FBNquest for subscription? Or is there anyone still waiting to receive payment?

I have received since Monday. I didn't use FBNquest though.

stokfrick:
Pls how does t-bills settlement work on the secondary market? Will I need to sell it off or my capital will just be credited in my account on the due date.

Your capital is credited to your account when due.

KarlTom:
At the bolded:
DisCo = DIStribution COmpany
GenCo = GENeration COmpany

GEREGU and TRANSPOWER are purely Generation. The latter holds 60% stake in AEDC (this doesn't make them a GenCo).

EEDC is a DisCo

There are three parties: GenCo, TCN, DisCo

Something does not seat right with the bolded.

maziemeka2024:
My account officer said we will have to check this week. Let him confirm what happened. That sometimes the interest might delay up to 3 days. And the certificate is not ready for printing as well.

No wahala, just give him to check what the issue is and he his explanations first if not favourable before you take another action.


Normal thing with First Bank is that deduction is done as you indicate interest to subscribe. After the auction, if successful the interest only less charges is refunded to your account and if not successful the whole fund as it were would refunded to your account. So here him out tomorrow and see.

if successful, interest is refunded to

maziemeka2024:
In the form I was clear that I wanted the interest to be paid.

Still find update on the current rate on the cbn website.

Since you said you were very sure that you did not instruct them to invest your interest with the capital, what you should have done is to have contacted them the next week after you were notified that it was successful.

It has taken too long but still nothing stops you from asking them. I have always maintained that once a subscriber/investor hears that the auction is successful or request to get from the secondary investment is successful you next line of action is to request for the certificate/proof of that investment at most a week after if you are not contacted.

With the proof of investment, comes all the contract of that investment and then you will be able to query whatever you are not comfortable with right there and get answers.

Just go to the branch and ask the person incharge face to face for explanations.

machine606:
is Standard Chartered Bank different from Stanbic IBTC?

Yes, it is a different bank.

megawealth01:
When GTB and ZENITH was suffering from Typhoid fever for a couple of days, STANDARD CHARTERED BANK came through for me...

Easily about the best bank in Nigeria right now. No unnecessary charge either for SMS or transfer. Free ATM without maintenance charge. Very good network and safety measures in place.

Alternative contactless (DIY) investment channels for TB, Bond and mutual funds.

The only draw back is no enough branches.

Nakedman:
Oh i see. Hopefully it gets resolved asap.

Yes ooo. That's my prayer...

IamR:
I have not received mine. Are you using Zenith or GTB?

The account I used there is First Bank.

Nakedman:
Have you contacted your broker to know what's going on? Some stated to have gotten theirs.

Yes I have contacted them. They said the transaction failed. I don't know why sha because even on the evidence sent to me. My account was correct. So I am expecting to here from them after resending my details ooo

bewla:
15 years on
My share in Dangote flour am yet to get any royalty

Wema bank
Access bank
Oceanic bank

All this share 1500
Each all follow the owner enter rive

Please contact the registrars to Dangote Flour and collect back your money. Dangote flour has been acquired by Crown Mill since 2019 and payment has been made to all the shareholders. So if you have not seen your money, then you have to search for their registrars and contact them with proof to get back your money.

Sunrisepebble:
Aradel pullback Please for those who of us who are not traders, besides Yochaa where I can monitor live prices. Is there any website that allows you to see live bid and offers

If you are a Morgan Capital customer you can see bid and offer on itrade if you log in during trading hours.

There is nothing wrong in the payments made to you. Everything there seem to be accurate apart from the interim dividend declared in August that was not included and that also will just be the same amount as the last the paid in 2024 (2023 Final Dividend)

If it's confusing, you can just google Transcorp PLC dividend history and you will see that all is well. That screenshot is expressive enough and every detail required is there.

It's like you expected more but unfortunately very very Transcorp has been sluggish in both capital appreciation and dividend payments over the years. It's just last year when Forte attempted a form of hostile take over that the price got elevated a little. Even at that, the quantity your Dad got is not significant enough to bring any humongous suprise as it also never declared any bonus through the years.

fredoooooo:
Bunch of cry babies .
You maltreat them .. they retaliate all of a sudden you all started crying ..
That's a country coming from war o , remember. ..
If truly we're serious and want the truth , the NFF officials involve should be answering questions by now but No .. everyone is crying

It's either you didn't read the post before commenting or you just lacked the capacity to comprehend. If not, what is this gibberish you are typing.

The NFF should be answering questions for what? That Libya decided to use another airport instead of the one they were told to use claiming they had no permission to use it or that they did all asked them to fly from PH to Uyo and they decided they were using buses on their own?


If at all anything went wrong why didn't they voice or even make an official complaint instead of opting for do me I do you as it's toddlers that handling the issue?

efismikoko:
Boss hope you finally got this cos everyone I know got that 10th

Not yet ooo. I have not seen it.

Ibrahim505:
Today marked the rentals payment date for the recent Sukuk bond.

The payment should be tomorrow. Today na weekend.

Chudymario:
Have you checked your banking app yet? Cos I received same coupon yesterday, 10th.

Yes, I checked on 10th, yesterday 11th and today 12th morning. Nothing came.

Nakedman:
APRIL 2027.

Ok. We are still waiting for July 2027 sha.. The payment date is 10 Oct

Nakedman:
Got my fgn saving coupon today. Stanbic ibtc

Which particular Savings Bond is this? When was it issued because I expected coupon for FGS JUL 2027 that was issued July this year and the payment date is 10 Oct and today is 11 Oct but I have not received anything ooo.

If na that one please indicate make I know where my problem come from.

Chuksteve:
How do I invest in this? I live abroad and can only see treasury bills offer on Afrinvestor 2.0

Very easy, you can do it with same Afrinvest na.

Just send them a mail. Expressing your intentions to invest in Federal Government Savings Bond for either 2 or 3 years tenure depending on your preference and they would send you the required details and account number to fund for it.


This and several other investments like CP's and co they do are usually not listed on their app. Its only when you personally indicate interest that they'll send them to you. Attached is the notice sent to me by Afrinvest.

emmanuelewumi:
I hope more venture capitalists will identify more companies on NASD and bring them to NGX.

We thought the venture capitalist were crazy when the stock was selling for N200 but the loan conversion to shares was done at about N500.

I only have 4 stocks on NASD

1. Aradel
2. CSCS
3. Afriland Properties ( the landlord of United Capital)
4. Friesland Wamco, makers of Peak Milk.

Afrland Properties quietly moved from N2 to N18 within 4 years

Even with the bolded, it's the only one among TOE's shareholders complained about at their last AGM.

VeeInsider:
I just had a funny and wonderful experience with Stanbic MMF.

I placed a redemption request on 2nd October @ 1pm. I assumed the account I set up for redemption is GTB and I've been expecting the alert since 3rd October on my GTB account, because I placed the withdrawal late and I don't expect them to handle the request on the same day.

Today being 7th I was already calling their Customer Service while going through my email to confirm again before they answer the call because this was strange. They always handle requests as early as possible.

I kept scrolling until I saw an alert from Stanbic on that same 2nd of October by 4pm. The transfer was done to my Stanbic savings account.

I was surprised because this didn't take them up to 24 hours to send the funds to me. It took them only 3 hours.

I had to quickly end the call before they answer. Lol

Thank God for Stanbic MMF. Good job to Stanbic MMF team.

Crediting your account same day is one of their strongest points. Once all your security details are well set up and correct you will not have issues with them on that.

House , please what is the difference between NASD, FMDQ and NGX?

Rhyah:
It didn't rollover as I saw the accrued interest seated in my cash account and a new accrued interest started again from zero. Principal is only showing the initial funds with no added interest.

What that means is that it's either you did not instruct them to roll over your interests from the beginning or they is an oversight on their part. So, what you have to do now is mail them a fresh instruction to do it. Then send/deposit the one in your account to them Mutual Fund account. That's all

First of all, even though administrative procedures is supposed to be the same for all the organisations dealings, humans sometimes exercises some discretion too. The Administration that handled Fayose's case and the humans then are the same.

The adminstration then might have exercises some discretion that this adminstration is not willing to wave. A

Another thing to look at is that though Wike was a seating Governor, he was not never the governor of Ekiti state and predecessor of Fayose. Thus, his being may not have any effect on Fayose rather just a friend showing support. However, In the case of Yahaya Bello, Ododo is Kogi State governor and the direct predecessor of Yahaha and also, was part of Yahaya's administration being alleged to have mismanaged funds. If not for Immunity, he might be part of those to be questioned. So being his there can compromise the process.

Pete002:
Please can I ask you a question, about the UCAP 3-1 share price reconstruction that happened, has the share unit equivalent been added to your trading account yet?
what I'm asking, is before the reconstruction, if you have 1 unit of share at #33, after the reconstruction and removal of the bonus, the price came to #10 or #9, so that means your current number of unit share is supposed to be 3 now, I'm asking if anyone has received the additional 2 in there trading account or I'm missing something, Thanks

It has not been added for anybody. We're all still expecting it. It will happen in due course.

ELLAHLAKES MH seem to have finished selling to the villagers. Now they are looking for who to buy but....


Bus don spoil for road conduct lock door with passengers inside come run away.

SirLaw12:
Please someone should guide me on how to liquidate my treasury bill investment.

Just contact the same channel you bought it from and tell them you want to sell it.

Read your proof/certificate of investment very well ooo. You may lose money as penalty for default.

Also, consider the fact that you have collected upfront and they will minus it except if you didn't collect it.

Susantice:
How come people I referred on stanbic mmf, are not showing on my referrals dashboard. What is happening, I have sent email and make calls, yet they are unable to rectify the problem. Does it mean the referrals program in stanbic mmf is a scam?

I have told people here that the referral programme is a sham because the staff registering/documenting them would just add them to his or her own and get the benefits but you guys won't listen.

Do referrals only if you feel they have done well for and you can recommend them for others not because you will get any benefits. Except you are a staff with them or related to them in a way, they'll never reward you for referrals.

IYGEAL:
June 12 FGNSB coupon finally paid.

I hope they bring to an end this late payment issue.

Yes but they are still some not yet paid..

I know of 3YR FGSB OFFER FOR SEPTEMBER 2021 which matured on the 15/09/2024. The last coupon was supposed to be paid on that day along with the principal but it wasn't. In fact only the principal was paid after like 3 days of maturity.


I heard last month payments were delayed too. So, something is definitely not right.

GanagiBitrus:
The Arsenal I watched against Atalanta does not have what it takes to trouble City in this match.

All the best to them.

So how is the Man city you watched against Inter at home? Or is it only Arsenal matches you watch?

efismikoko:
Oh boss so you can confirm that they paid the principal amount to those that matured then this means there’s hope 😅

Where is the hope? Principals are paid with the final interests. The final coupon was not paid and even other coupons that did not mature but coupon payments are due have also not been paid.

FGSB is supposed to be a kind of fixed income investment with over 90% guarantee so long as Nigeria still exists.

So people invest and plan with it. Its some people's monthly allowance where they feed. Some people plan to pay rent with it. Others plan children school fees and upkeep with it. If they want an uncertain/high risk situation, the stock market is there. At least with that you will take whatever you see.

You said you want to encourage people to save. You want them to trust you and you are pulling this kind of stunt? Wonderful!!!

The situation speaks very loud about something seriously wrong but want to be kept under the radar. All does not seem to be well.