Gare2510's Posts
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It is not about quitting or staying, when NNPC buy their share from Dangote will they still subsidise the price thereby making it impossible for other marketers to thrive |
These cars can't be less than 30m |
What are the things we started producing locally that made us stop importation? You increase custom duty, devalue Naira making cost of importation prohibitive |
Allow Dangote to refine and sell to whoever he likes, allow other people to import and sell if they can compete with Dangote |
I attempted selling my OANDO at #73.75 there were about 6million bids in front of me but it was filled immediately, is this possible? |
Is Morgan Capital having issues, the final prices have not been updated for today? |
Can't the VP do the swearing in? |
Namsweoj:They did nothing to make it real. Lazy PR; i hope the payment platform/app won't be this lazy? |
Just imagine this happening when NNPC goes public; President will just wake up and say dividend money should be used for national portrait |
Massive deals this morning on Fidelity Bank |
How does 400000 bbls of crude oil get stolen it definitely has to be the same way snake swallowed money. How do they steal the crude, who buys it? For context 400000bbls = 64000000 ltrs = 1940 trucks a day No unaided thief can move this kind of quantity in a day or maybe it is not really stolen rather people embezzle proceeds of crude oil sales and attribute it to oil theft Tell all the oil companies to publish on a daily basis what is being stolen from them then you will see that the figured will no longer add up |
Her response was gracious |
Very soon we will hear OandO has bought the 13% since NNPC could not meet up |
Can one invest in TB through ARM, primary or secondary market? |
Bid for Oando drops from 62 million to 33 million; what happened? |
This increase is basically because the prices of goods and services went up. |
ndept:Don't be surprised to see 100000 unit bid at 2.19pm |
I think the message by NASCON was either hasty or intentional. They could have worked the issues with SEC in the background and issue an amendment to the merger. Why issue a notice that will send your stock price on a free fall. |
Itsrm:
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Mpeace:Same thing happening in TRANSCORP PLC; case of thunder striking your goat in the farm and pig in the house same day and time |
aieromon:Even though the 364 days bid got 21.49% it doesn't mean all the banks will get 21.49% it depends on what they bidded, they have to be careful too because if the bank bids higher than the stop rate the bid will be unsuccessful and they lose all the commissions for that week |
freemindcity:Maybe the person you met doesn't know about it and didn't bother to ask or the branch doesn't do TB. I also went to Stanbic and they told me the next auction date was 13th March 2024 vs 6th March 2024 |
Itsrm:Yes, but mine was 5% |
kristien4:Mine was successful with First Bank, around 20 -21%. I have not seen the certificate just rough calculation from the interest returned |
farydah:Yes through your bank |
skydiver01:Is this schedule verified, 7th March 2024 is a Thursday; do they issue TB on Thursdays now? |
Deadlytruth:Somebody is ensuring TRANSCORP doesn't go below a level, anytime it starts free fall some will just come a place bid for 1million units |
Godisrealxyzabc:Did you specify your rate or went with bank rate? Is it normal for bid for some customers within the same bank to be successful while others are not especially if they go with bank rate |
My TB with First Bank was not successful, did anybody experience same? |
[quote author=egojeny1 post=128611551]I follow dey ask o. Pls folks help I read it up If the stop rate for 365 days is 19% and you invested 1000000 Interest =19/100 × 1000000 =190000 The bank will take (1000000 -190000) = 810000 from the money you planned to invest and leave your interest (190000). So the real amount you part with to earn the interest is 810000 True yeild = 190000/810000 × 100/1 = 23.456% I think the difference in the decimals may be charges |
Shalom428:Pls. can someone help explain how the true yeild is calculated |

