₦airaland Forum

Dsticks47:
How fast can you solve this
easy riddle?

#2k

ojesymsym:
Oga, if it only transcorp, I suggest you just snooze. I bought Transcorp IPO around 2006 because I wanted to be a part owner of Nitel with my small savings that year, today, the value is not worth the pen I used in filling the form.

Lol. This man is a comedian.

TotoNaRubber:
I see, regarding EuroBonds say someone invests $12,000 capital at about 7%.
On a daily basis interest of about $2 is added to the account?
Are there days interest could drop to 50 cents?
Could capital amount drop too?
Thanks

It may or may not happen, but it has not gone below 6% since I started. In fact, I have been getting twice of the usual daily interest in the last 5 days.

IamR:
100% capital preservation is not guaranteed because it depends on price movement of the underlying assets. I think this is still the best time to invest in Eurobond Fund.

tipzy001:
I get it. What is the minimum investment amount?

1K$

tipzy001:
This rate is good. Is capital preserved with this investment option?

100% capital preservation is not guaranteed because it depends on price movement of the underlying assets. I think this is still the best time to invest in Eurobond Fund.

ojesymsym:
How long have you been doing your eurobond, my own has not moved into the positive spectrum from the bank charges since the beginning of the year. Stanbic then increase the money one can subscribe which means I have to be looking at that one there for as long as possible.

Not quite long. I was with fbbnquest before i moved the fund to united capital. See the rate as at today.

ojesymsym:
There is a dedicated thread for MMF, if you have entered that thread and customer service response was your priority, then I am not sure you would have typed fbn not to talk of typing it in full fbnquest. Except they have changed.
I have not united capital experience, I think oga Emma uses them. for some strange reasons u did not even add stanbic ibtc as an option.
Anyway, that thread will serve you better. They are also matured there.

lol

I am very pleased with my Eurobond Fund with United Capital.

TransAtlanticEx:
Do you think he owns the account?
He can always provide accounts like these for customers like you for such transfers,doesn't mean it is his or is part of his MO.
They don't do it!

That is very possible.

TotoNaRubber:
What rate does your mallam buy usd?
Are you able to withdraw cash too and sell?

My friend sold his USD at N470 last week, but I have neither sold nor withdrawn USD this month.

TransAtlanticEx:
Speculators,not black market.
Nothing concern mallam and dorm account,especially in times like these.
Speculators won't be able to withdraw to sell at black market rate which is true,but mallams aka BDC do cash most times or have their compatriots in other countries doing "wire" for them so how does this affect them?
It even favours them because the harder it is for you to get your legit dollars,the more he can hike his selling price.
Na 480 right now as we dey yarn laidis

Not all of them. I can transfer to my aboki BDC account from my dom account and I get Naira cash.

TransAtlanticEx:
You guys keep making the same mistake over and over again.
Forget nominal value,what should matter to you is purchasing power.

Some people won't stop making that same mistake. The purchasing power of a currency matters most.

Tobex4realTobex234:
Egungun be careful.

I received it from GTB.

Nezzjnr:
Anyone that brings up issues relating to Nigeria politics should be banned

There's a reason Seun created the Politics section... You can go there and relate with your fellow mad Men

Supported

Greenvaiper:
This life no just balance for naijeriya peoples

lol

XiaoLi:
On point, I think this is the aspect Ahib is looking at.
I heard somone saying you dont invest and go to sleep, In a good economy that has stable currency you invest and go to sleep without worrying!

Hmmnn. You don't invest and go to sleep o.

Godbpraised:
Rule number one, invest in what you know and understand end to end. If it is too juicy it certainly has some traps.

Correct

Nigsrdumb:
Bro today's Nigerian youths are lazier than your average black American.

In fact u copy the worst of them.

Betting , drugs, degeneracy has become the order of the day .

There's no political consciousness or any movement to change things yet you think you're better than the black American who fought an oppressive force for hundreds of years.

Plus why do you feel so entitled to oyinbos lands?

They see u how u see urselfs and want none of it.

Nigerian youths are not lazy.

To those still leaving paying jobs to travel abroad on top harsh weather for greener pasture, may this pix not be your portion. This is France and Nigerians are hustling real hard. When they arrive naija with one convertible which is either stolen or bought with a decade long hustle, you that is living large here will feel oppressed. Be contented and increase your hustle. Most of us are better than them.

Are you sure?

DexterousOne:
The worst that will happen is "what will people say"


If you get past that


A lot of things will e different

You are correct.

emmanuelewumi:
Depends, as usual different strokes for different folks.

I should not be a financial burden on others especially my children.

To me home is where my bread is buttered.

Very true sir

DexterousOne:
Yup
Indeed



Despite being an igbo man myself


I dont mind being buried in the vicinity i died


If that would put less strain on the kids.

As long as the burial was decent enough

Are you serious? Most Igbo I know always kick against being buried outside Igbo land.

ahiboilandgas:
yes ...this family is just middle class ....with a bill of 3.9m yet the sister are saying is not enough.....

Are they supporting him or just only him will bear the expenses? That bill is too much for a family that their heads are just a little above the water.

NL1960:
There is now private cemetery in Lagos.

You don't mean it.

Smartphelz:
Good morning investors in the house. I have 1 million to spare for an investment because of how busy my job is to monitor the market and how illd want an investment with the least risk I have always thought treasury bills was safest. Which bank offers the most interest rate? Are there better investment opportunities that you'lld advice?

@emmasoft

emmanuelewumi:
Funeral service is now a big business in Lagos. People pay for their caskets 20 years before they die. The companies even have halls for funeral service, they also have clergymen who they use for their customers. You don't need to get from your church or mosque

My friend's father paid for everything (casket, pall-bearers, food, drink, musician etc.) before he died.

emmanuelewumi:
Funeral service is now a big business in Lagos. People pay for their caskets 20 years before they die. The companies even have halls for funeral service, they also have clergymen who they use for their customers. You don't need to get from your church or mosque

Eko wenjele!

emmanuelewumi:
Reason why we will keep on struggling in this part of the world.


If they can afford it no big deal, but putting unnecessary expenses on people is what I frown at..


My boss who happened to be the president of s foremost professional body in Nigeria died and over N20 million was budgeted for his funeral.

Nobody was disturbed nor taxed, a fund that was generating interest of 10% per annum was set up for that purpose with an insurance company.

As a matter of fact your invitation card for funeral came with the Aso Ebi for free.

Exactly. Few persons that can afford it will contribute the major chunks. The rest can support if they so wish. What he left behind is enough to bury him but we will not use his money for the burial.

ahiboilandgas:
yes ooh i attended a burial ceremony 2 days ago for top politician in 1 hour everthing was cover cost less than 5k .....an he was a billionare and own a construction company

That is how it is supposed to be, but it is the opposite in the south.

ahiboilandgas:
whoooa do attendees pay a token to recoup the 5m

lol...this man is truly a business man.

ahiboilandgas:
how much is each person contributing ?is this partucular to edo people or southern Nigeria
.....educate me

Southern Nigeria. Nothing like this in the Northern part of the country

ahiboilandgas:
how much is each person contributing?

General contribution varies from 1 - 1.5m. Individuals may spend twice that amount. My budget alone is 2.5m, I won't spend above this figure no matter what happens.

ahiboilandgas:
Please can some explain to me the rationale behind huge burial expense in edo state or southern Nigeria ....my friend is about to bury his mum and expense is currently 3.9m but his sisters are still requesting another 900k to buy 3 cows ....it is a norm or they are trying to extort money from him since he aboard....

It depends. The one we are planning may cost us close to 10 - 12m, though it is a pretty large family. Musician alone is around 1.7m.