₦airaland Forum

deepwater:
Team
I have an argument over here and so I decided to get a wider view / contributions

Please is there any difference between the black market rate and parallel market rate in terms of currency exchange?

Theconglomerate:
No cash to give anybody now at that price o madam.
It's better you meet your aboki for any inflow.
They transfer to their foreign account and they pay you your naira,that is if you want naira anyways...
Dorm account now story full am.

Nigsrdumb:
Submit your investment ideas and strategies here, please note this is not a place for advertisements or scamming.

Feel free to discuss stocks bonds real estate and business ideas.

chigo4u:
Nothing. Just a local transfer

Theconglomerate:
I wanted to say this.
No one can access their dorm accounts now.No bank will pay you dollars now.
I'm sure if you request for the money to be converted to naira,they'll pay you immediately.
Reason I always advise against this.Dorm account is useless in times like this.
Better get offshore aza jejely.

chigo4u:
GTB is the best for dorm accounts in Nigeria, I don’t think any bank comes close. I successfully transferred over 5k today without any problems although cash withrawals was not available..

emmanuelewumi:
I pray things won't get to a stage whereby people can't get the money in their domiciliary accounts.

NL1960:
NNPC filling stations are all over the place. This was what the FG had in mind when they started flooding the whole place with NNPC filling stations. Moreover, i buy fuel for my car once in a week. I can easily buy during the weekend. Moreover, once NNPC sees he queue, they will open more or take over dormant ones. If Ahib oil and gas that normally sells a trunk a day now sells a truck a week and NNPC comes with a buyout offer, you no go sell?.

Theconglomerate:
Never?
I guess you don't drive German.
If you were,you would have known how easy it is to hit 220kph.
We are even planning to go faster sef,na money for better machine never dey

rationalmind:
I like quick and fast cars. You won't be able to brake yourself out of trouble eveytime, sometimes you have to accelerate out of it.

I can't take bends at speeds with an SUV the way I'll take a sedan. I also can't dodge potholes with SUVs the way I'll dodge it with a sedan.

Theconglomerate:
Maybe you don't drive fast.
If you were a speed demon,I guess you will know why we stick to sedans
You can't be going 220kph in a truck and not feel like you might somersault anytime na.

rationalmind:
Noo, I've always been team sedans. No SUVs or pickup trucks. I can't drive those the way I like to drive.

ahiboilandgas:
i don tire

Theconglomerate:
Me too.

deleson:
Hello,

Just checking if had a closure on this issue.

Also, I'd like to know (from you or anyone else with experience) if Eurobond payout are made in Dollar or Naira.

Thanks.

ahiboilandgas:
i dont want the naira getting destroyed cos it will hurt us all in the end ...

Theconglomerate:
This is called sure banka investment where I come from.
Na wetin dey pay boys for Abuja be this since 99 oo
If you succeed Marry am baba you don make am.
You know that kind wedding weh the groom no dey get confidence,na them ooo.
Just buy one clean E350 now 2016 model for 9m and pay 1 year rent for good place.
If you no catch rich girl weh go later bleed for you ehn,it means the guy no sharp at all.
Don't go for the flashy ones ooo,no no no!!!
Those ones that dress corporate all the time and drive prado only and hardly go out,the bored ones infact and most times semi ugly.
Na these ones dey bleed wella

Grupo:
Abeg, don't bring religious arguments to this thread.

Deuteronomy 26:12 New International Version (NIV)
When you have finished setting aside a tenth of all your produce in the third year, the year of the tithe, you shall give it to the Levite, the foreigner, the fatherless and the widow, so that they may eat in your towns and be satisfied.

Theconglomerate:
Lol shebi when I said it you all said I'm crazy
It is only old,tired men that invest in all these instruments with mad volume of cash generated while they were our age from the real economy.
When I see all these 2million people here talking investments in fixed income I know that they are really slow in the head
It's better to use that your money and buy a big mercedes so you can look for a rich girl to deceive in your youth than to invest 2m for 200k PA...
Atleast the girl go pay you in the long run
I want see sujimoto or paddy adenuga start talking about buying bonds abi sukuk
Na to rush am go yabaleft ooo

chigo4u:
What is your definition of homeless and where do they live

chigo4u:
Are we talking about the same north of homeless almajiris running into millions? Looks like the rich in Nigeria are really detached from the plight of the poor that’s why you hear such statements as there is no homeless in Akwaibom

Sholapey:
I get royal welcome with my Irish passport anytime I travel to other country but in Nigeria airport even with your Nigeria passport they act like racist to you black and welcome the white people. Horrible mindset!!!

meine:
Did he put a gun to your head to buy the stock or not to buy? Why didnt you do your own due diligence? What of correct predictions hw has made in the past? To slap people like you just dey hungry me.

talk2me2:
Oga you can no longer mislead me the way you did during the Cement company merger that produce the BUA Cement. Because I listened to you that was why I missed out on the deal that would have given me about 100% of my investment.

I wonder what you stand to gain by miss directing people that took you as there mentor.

emmanuelewumi:
MMF are also falling, these are the types of financial instruments they also buy eg Treasury Bills, fixed deposits, Commercial papers, short term FG bonds etc

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

ahiboilandgas:
Brent 35 dollar's.....speculators and ecomomic sabotures ...fingers and neck about to be cut....