₦airaland Forum

Blacktail:
Glory to God... I arrived dubai few hours ago.

Many ups and down... But thank God I have backup

From Egypt air transit wahala... No hotel, we slept in the hotel, and the cold is very much, the Ac was on not like Nigeria Ac than can't blow dust away.

UBA bank wahala of not profiling my card when I requested so I can use it here, and allowing the atm here debit me with dispensing.

To the formal hotel I booked and already cancel few weeks ahead debiting me, which deprive me access to the funds to pay my new hotel.... I had no choice than to cancel one for another.

Well am here and I believe I should have a good memory.

"No hotel, we slept in the hotel"
Pls can you explain?

Nice.

Hmmnn...

chigo4u:
6.2%? Really.
How is cbn gonna fight inflation now with the ban on OMO bills and low tbills rate while at the same time defending naira against dollar?
Economic wonders

Emefiele is doing tombo-tombo with our economy.

Getting accommodation outside the city is always not the best due to the cost of transportation, especially if it is far from the train stations.

Ezewuzie01:
The streets elected him. David Lyon is a street man which means he will have better knowledge of what the people really want.

You're very correct. At least, he has the minimum education requirement to be a state Governor. That is enough for us in Bayelsa. We go where GEJ goes.

emmanuelewumi:
Don't ever make the mistake of going into a business you don't understand, unless you are ready to be an apprentice under someone who has succeeded in that line of business.
That is why I can't go into farming or transport business. That doesn't mean those businesses are not profitable

You are right Elder. My mistake, though. I have tried transportation and agriculture and I came out hurt.

emmanuelewumi:
Let us see the bright side of life, if we see a messed up Nigeria it is unfortunate that is what we will see around us.


To an extent every nation ought to have a degree of food security.
A situation whereby we have cotonou garri in the market is not good enough.

Our youths need to learn marketable skills.
It is unfortunate that most of the the artisans used in the building and construction industry are foreigners from Benin, Togo, Ghana and others.

Our youths are busy working as Okada riders.

Elder Emma, I know a welder that came to Bayelsa to work, but due to lack of electricity, he was left with no option other than to start driving Keke. I agree with you sir, that most artisans are non-Nigerians; most Nigerian youths are on the fast lane. They do not have the patience those foreigners have. It wasn't like this a decade ago.

OgogoroFreak:
Even a farmer can't tell too. that explains the risk involved in channeling your money into that sector. our leaders are just using try by error method to run the country.

I tried it three years ago and I had my fingers burnt. I didn't even see one-third of my capital. The only consolation till now is the acres of land that I bought.

OgogoroFreak:
How long do you think the boarder would remain closed? That's the fear for most farmers.

Imagine a farmer takes huge loan and increases his farm and poultry yield, then, suddenly boarders are opened

Remember recently Emefele and not the custom boss was assuring Buhari that the boarders will remain closed - everything is messed up in this part of the world

Anyone that ventures into agriculture just because of border closure would be taken a great risk. It is known to even the dead that everything is totally messed up in Nigeria.
As for me and my small money, we are not going to be used as a litmus test. Let's see how far Emefiele would go. Now, I see new monikers here on a daily basis, trying to lure us to pull our money from treasury bills and invest in a worthless real economy. We have passed that stage here o.

golddare:
At the end of the day, the losers will be blaming themselves like;
why you write 70,000 instead of 150,000? Na you make us loose this election..
But you know that we cant rig beyond registered voters na.
Which grammar u dey talk, write figures down make we win then we will meet for tribunal, look how our opponent dey wrote their own now...


In a nutshell the best trigger don win.

Funniest comment today.

Nawa o!

BabaOwen:
is it a crime for him to be giving the presidency slot? I will not vote for the PDP in 2023 if they keep on producing a Northerner.

It tired me o. I don't know why some people think that PDP cannot or should not field a candidate from the south for the 2023 presidential election.

Bennycollins:
You are absolutely right about Timi. Dickson should be held responsible. Anyway you can't trust politicians. I won't be surprised if Dickson joins the APC in a short time. It seems to me some PDP governors have been selling out.

Dickson should not only be held responsible, he should also be expelled from the party. His greeds brought Bayelsa PDP to where it is now. Bayelsans voted against Dickson, and I am sure that they are still loyal to the party and not to Dickson. If it were to be Timi Alaibe, PDP would have won with wide margin.
Shame on Dickson.

emmanuelewumi:
I will advise you spread the money between bonds, Treasury Bills, money market funds and Eurobond.
We are not sure of the future of the Naira in 2 years time.

If you are like me I will also consider investing in stocks like Nestle, Dangote cement, Zenith and GTB.

N1 million invested in GTB in 2000 is now worth over N100 million, the dividend received in 2018 is 10 times the amount invested.

God bless you Elder!

emmanuelewumi:
What is the duration of the bonds you are looking at?

2 years sir

emmanuelewumi:
Very good, you paid N20 million because you bought from the secondary market.

You will need about N100 million to buy FGN bond from the primary market.

With a minimum of $2500 you can also invest in the Eurobond fund of FBN Quest Merchant Bank @ 6%.

You are sure of the preservation of your fund from currency devaluation

Elder Emma, in my own case sir, I want to mop up all my treasury bills by January to raise about 30m naira. I have done Eurobond with around 13k$; I want to put 25m naira in FGN Bond secondary market and still put 5m naira in treasury bills. My spouse prefers we put the whole 30m in FGN Bond which I am not in support. What have you to say to this, Elder Emma and madam needful?

kakakii:
Since we used Ethiopian airline they won't stamp you, they only check your passport and check you in, same when checking out. As long as its Ethiopian airline. And if your lay over is more than 9 hours they give you hotel

If your lay over is more than 9 hours, you will be given accommodation voucher with transit visa card. You will be stamped in for 24Hrs.

kakakii:
yes....

did you witness the 2 fighting on the plane? lol

Lol, I did.

It's like we flew together yesterday, it was 1:40pm flight from Lagos to Addis. I got a connecting flight to another destination around 11:55pm yesterday.

Nice one guy.

opomulero:
hello,
couple tryong to spend 640k (£1379)

breakdown
flight : 423k (£910)
accommodation hostel with breakfast : (£176)
misscellanous : (£293)

Total : £1379 for 6 days

they have account with a clossing bal of N1.77m

will this fly for uk visit visa?

i can post screenshot of account if need be.

Hostel accommodation for a couple? I don't think that is right.

Nice thread.

midehi2:
Guy, those ones is too far na, just tell him to start from mile 2 to Badagry, if him waist no break, yeye man

Lol

Barrytone:
Disclaimer via channels TV this 6pm news. CBN only stopped OMO participation and not NTB. Status quo is maintained. Lets gather and go stone that media house but it wouldn't be a revolution ooooo, just a protest because I can't fit join sowere. I repeat protest and not revolution.

I am ready sir. In fact, I am in Lagos now. The moment I read the news this morning, I lost my appetite. I couldn't even eat the refreshment Airpeace served me.

zamirikpo:
I was with the branch manager of stanbic ibtc asaba branch today and he has no knowledge of this new cbn policy.

Even if its true it's an inner caucus plan....no publication or circular to that effect .

Let's keep our finger crossed.......

My question is that was @dipoolowoo quoting punch newspaper or businessdaily or both.

Thank you for this additional info, at least we info from two banks now.

Fashola should start from Enugu to Onitsha
Yenagoa/Mbiama to Port Harcourt
Suleija to Minna
Akwanga to Jos
Ikeja to Abeokuta

I am sure when he returns, he will apologize to all Nigerians on his insensitive comment.

I just spoke with a friend in charge of treasury bills in one of the regional head office. He said the news in punch newspaper also came as a rumour to them because they have not received any instruction to that effect from their headquarters in Lagos or from CBN.

He promised to keep me abreast of any new development in individuals' participation in treasury bills investment.

NaijaRoyalty:
Same Dana Air I boarded this morning to Abuja

Make una dey fool una selves lying government .

IgbereLiar or IgbereLinus. Don't mind them.

This can't be true, I boarded Airpeace to Lagos today and Dana Air was ahead of us from the same terminal in Abuja. Dana Air taxied before us while we followed.

ahiboilandgas:
My t.b comarades been chased by emefele to bond happy investments

Wetin we go do since Emefiele wan force us to invest in his hopeless real economy?

I am here

titilope07:
https://www.nairaland.com/4524641/bonds-investors-hub/10

Thank you.