₦airaland Forum

Farmerakinloye6:
appreciate bro,thanks.

Godbpraised:
If u av funds with them, they would tell u their not aware.

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.

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

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.

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

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

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.

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

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

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

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.

Godbpraised:
no i am just wondering his level of financial Prudence.

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.

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



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.

Hallenjay:
I'm in d bank now
66days 11.7%
135. 11.8%
365 12.8%

aremso:
any rate from Stanbic?