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Agriculture / Re: Agriculture, The Untapped Panacea To Our Nigeria's Economic Issue. by hollerbaby: 1:08pm On May 24, 2020
How do you sell the harvested plantain i. Ago owu
Properties / Re: New Food Dehydrator For Sale. by hollerbaby: 9:13pm On May 22, 2020
Whats the capacity of the inverter and asking price
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 11:55pm On May 21, 2020
1kinggy:


This is what I'm saying.

You took your time to read the thread and responses. You saved us all another unnecessary line by not repeating this questions.

May you live long and do well.


Amen , i understand ur pov, but if they didn't ask how will i learn?

Lets drop this and move on please.

2 Likes

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 10:51pm On May 21, 2020
Some of these seemingly silly questions , i have an idea of what the answers are but i would rather ask here from people who have been dere nd done that.

Reassurance that, what i think is right is actually right. Since i have been following this thread when tb rates where pretty good, so u know how long. I have stuck to what i know and learnt here on treasury bills .when i see bond shares i dont even bother cause i dont know it well nd tb was still paying well.


With tb gone south we need to learn other investment opportunities So excuse the silly questions, correct people gladly responded to to clear our doubts.
I didn't see u answering any. Give me time to obtain my MBA degree in bonds and shares from this thread first. Me that i hv been following the responses to other people's questions that relates to this sukuk jejely no yab us at all

12 Likes

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 10:30pm On May 21, 2020
emmanuelewumi:



No discrimination when playing the money game, Femi Otedola a Yoruba and devoted Catholic is a friend to Dangote a Hausa man and a Muslim.
Such funds don't invest in brewery, lottery, piggery and usury business or investments. Enjoy 11.2% rental income or whatever it is called on your investment


No discrimination intended. 11.2 % rental is sweet just learning
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 8:14pm On May 21, 2020
from the advert i understand that the money is for construction of road by the Federal .

My question what's that name about sukuk? Is it an acronym abi it has arabic meaning?

It appears like an Islamic financial arrangement since they used rental period instead of interest. Why ? sebi it federal government ?

Please i am not in anyway religiously biased. I respect everyone religious beliefs so that's not my point. I just wanna learn.
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 6:21pm On May 21, 2020
unite4real:


This is the third time government is selling sukuk in Nigeria. The person you met may not be aware and is mistaken it for FGN bond. Why don't you go with the printed offer. One person will pass it around and before you know it, you are sorted out. Which state and branch did u visit.

Do u have a cscs number already. If u don't, go get one first and it's not Stanbic IBTC bank that will do that but stock brokers.

If you already have, the just fill the sukuk form, go to same Stanbic and pay into the account for sukuk as advertised.

Take your form and evidence of payment and walk out of Stanbic if they cannot help. Take them to either FBN Quest Merchant Bank or Lotus Financial services LTD. Give it to them and go home. Wait after 6 months and receive your first rent in December.

Can you please help us new bees with a figure lets say 1millon

11.22 % , 7 years and. Half yearly rent payment for 7 year.
Please if u dont mind give practical figures of the payments ever 6month
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 5:35pm On May 21, 2020
emmanuelewumi:


[b]
It is impossible for 20% of the employees to be financially intelligent.[[color=#006600][/color]/b]

But a worker who is financially intelligent should be allowed to invest his Retirement Savings Account by himself. This can be determined if the employee accumulated a sum or built an investment that is equivalent to or higher than the sum in his Retirement Savings Account.

If at retirement you have N20 million in your Retirement Savings Account, but you have built a personal investment portfolio of N25 million by yourself apart from the Retirement Savings .

It is better to allow such an employee to manage his total Retirement Savings if he wishes


Even if you try educating them with your little knowledge they will still be sceptical and afraid
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 5:19pm On May 21, 2020
ahiboilandgas:
150bn naira sukus fgn bond at 11.2 is on offer for 7 years ...instead of the fluctuation in tb ....use the couponds to buy tb, secondary markets bonds and blue chip stocks ( zenith and Gtb ) ....and continue your hustling up and down


So i wont be ashamed of my question


Does the bolded mean my funds will be tied down for 7 years

Na knowledge i find come this tread grin

My question has been answered thanks

1 Like

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 11:06pm On May 20, 2020
But 1million 20years ago no be beans o, anyway people that invested the little they had will be making a to do list now sha
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 10:08pm On May 19, 2020
emmaodet:


I believe so.
Did one around 2015 when naira to dollar disparity was much, around 70k between cbn rate and parallel rate.
A lot of guys made it then, you transfer from bank using moneygram to ghana, go to ghana for withdrawal and change the dollar in nigeria.
On average, i made 50k per $1,000 after removing transport and miscellaneous.
I can't do that any more because am too busy and too stressful to be going to accra regularly.
The present difference now between cbn #360/$1 to black market #435/1$ is big to kick start roundtripping again.
I'm too old for that now bro, no more on the street.


Is as if i am interested o
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 3:59pm On May 19, 2020
Phyde:

Leave this one for your boy naa. Boss like you don big pass this one grin

Eegungun be careful check posters profile well well

4 Likes

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 3:24pm On May 19, 2020
Barrytone:

Please see below, the indicative terms of the proposed offer:
Issuer Dangote Cement PLC
Description: Series 15 Series 16
Tenor: 175-days 266-days
Target Size:
Up to ₦50.0billion across both tenors
Discount Rate (%): 4.8833% 5.7492%
Implied Yield (%): 5.0000% 6.0000%
Offer Open Date: Thursday, 14 May 2020
Offer Close Date: Wednesday, 20 May 2020
Allotment Date: Wednesday, 20 May 2020
Issuer Rating: Aa2 (Moody); AA+ (GCR)
Minimum Subscription: ₦5.0million
Tax Consideration: Free and clear of withholding taxes

Like this
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 3:21pm On May 19, 2020
emmanuelewumi:
When you are old the best thing is to have investments that will give you steady returns. Why should he use his own money to recapitalised non performing loans.

Access Bank is crazy they are currently recovering some of the bad debts


Na CEO of Access dey even lead the debt recovery exercise

That may be the reason why some companies are inviting investors at 5% intrest to pay off loans
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 8:20am On May 16, 2020
emmaodet:


I believe so.
Did one around 2015 when naira to dollar disparity was much, around 70k between cbn rate and parallel rate.
A lot of guys made it then, you transfer from bank using moneygram to ghana, go to ghana for withdrawal and change the dollar in nigeria.
On average, i made 50k per $1,000 after removing transport and miscellaneous.
I can't do that any more because am too busy and too stressful to be going to accra regularly.
The present difference now between cbn #360/$1 to black market #435/1$ is big to kick start roundtripping again.
I'm too old for that now bro, no more on the street.

I thought there is restrictions on internal travels

2 Likes

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 3:17pm On May 13, 2020
Godbpraised:
no i am just wondering his level of financial Prudence.

He mentioned huge capital u know

1 Like

Travel / Re: An African Migrant's Story: 'Libya Is Too Dangerous' (Graphic Photos) by hollerbaby: 7:23pm On May 12, 2020
oladimejiX:


I will like to read these books, you pictured here, but getting a Baptist bookshop, eish! not sure I have that anywhere near me.
Anywhere one could get these books online, like place an order online.


If you are in lagos. They have one in d Baptist compound, obanikoro by the pedestrian bridge
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 11:49am On Apr 29, 2020
TotoNaRubber:
Thé interest is very discouraging compared to what the capital could have earned you.

You are not left out, I have 5m Naira in TB that will land in my acc tomorrow, the interest earned on that is annoying now, I don't even know what to do with the money maybe do giveaway but only if it will bring me more money angry



Same here 30th maturity date waiting, "give away ke" i wish i know a business thats sure that i can invest in and that can be done alongside my teaching job.

But for now make d money stay my savings account.
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 10:56pm On Apr 28, 2020

2 Likes

Business / Re: What Distributorship Biz Can I Start With 2M by hollerbaby: 10:42am On Mar 19, 2020
Whats about tissue, wipes, diapers, and goods in that category
Investment / Re: Mutual Funds by hollerbaby: 8:56pm On Jan 20, 2020
In this hard interest rate times, little interest is better than losing all of ones capital due to wrong choice and greed . The funny part is that fraudulent people are ready to take advantage of this panic period to milk people dry of their hard earned investment savings. I agree, my risk appetite is small. Abo oro ............

10 Likes

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 6:23pm On Dec 17, 2019
My Account officer called to inform me there is a bid tomorrow. Only God know what the rate Will be like.
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 12:11pm On Oct 07, 2019
Hallenjay:
I'm in d bank now
66days 11.7%
135. 11.8%
365 12.8%



Thank you
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 10:30am On Oct 07, 2019
Today's stanbic ibtc secondary market rate anyone please?
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 6:22pm On Aug 23, 2019
104 days 10.80%, 209 days 11% 300 days 11.10%
Gtbank today

2 Likes

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 9:20am On May 07, 2019
i have checked and i wasn't able to locate the message about a link someone sent to the thread on daily updates secondary market rates for commercial banks. if you have the link kindly send it please.
Investment / Re: Treasury Bills In Nigeria by hollerbaby: 12:37pm On Apr 01, 2019
aremso:
any rate from Stanbic?


31days ____9.25%
192days ___12.25%
326days ____12.20%

7 Likes

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 12:29am On Mar 26, 2019
Bluecollarguy:
After two unsuccessful primary market Tbill transactions within the last month with GTBank, due to over-subscription and low stop rate, the voice in my head tells me to take a break and NOT trade next week(March 27)...that I should wait and observe the market rate for a little while as opposed to engaging in unsuccessful trades.

Fellas in the house, what do you think? Am I the only one feeling this way? Although I have millions sitting in my savings account, but my attempt to invest it in Tbill has been abortive as of late. What should I do? Your opinion is appreciated!


If not for the voice in your head. I would have told you to compose a mail to their branch and threaten to remove your account from their branch and if possible change account officer... you will see that they will call you fast and offer you secondary market rate that's what happened to me.. grin they just need a lil craze

ps. The difference betweens pry Nd sec market this days is not so significant

1 Like

Investment / Re: Treasury Bills In Nigeria by hollerbaby: 10:04pm On Jan 27, 2019
Did regular commercial banks say they are tired of bidding on our behalf?.
Abeg let anyone who is using
I-invest continue. Me i-stanbic and i- gtb as usual. Make my small change no go i-fly away biko.
#enoughwithdadvert

16 Likes

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