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IamR's Posts

Nairaland Forum › IamR's Profile › IamR's Posts

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Investment › Re: Treasury Bills In Nigeria by IamR: 12:42pm On Nov 25, 2019
zamirikpo:
AM at stanbic now and I just told my account officer to place a bid for 65m. When the actual amount in my account is 6.5m.

Let's see how it goes. Let them prorated at 10% am waiting.

WE DIE here.
Lol. I like that, but not sure if Stanbic will honour it.
Family › Re: Every Home Should Have This! by IamR: 10:02pm On Nov 24, 2019
bizgenera:
I'll advise you go for the 1.5kva type with 2 big batteries. With 300k, we will set it up for you if you stay in Lagos.
Pls what appliances can it power? I am considering one that can power 1 TV +DSTV Decoder, 10 energy savers, 4 fans.

Or

1 TV + DSTV Decoder, 10 energy savers, 3 fans + 1 Fridge
Autos › Re: Toyota Corolla 2012/13 Tokunbo Sweet To Own @ 2.9m by IamR: 9:16pm On Nov 24, 2019
Nice ride. Something I am looking for.
Mileage and VIN so that we can take it forward from here.
Investment › Re: Treasury Bills In Nigeria by IamR: 10:41am On Nov 24, 2019
igbizen:
Na who dem catch be thief.
Lol
Travel › Re: 9ja To Usa. A Story Of Grace And Providence. by IamR: 8:04am On Nov 24, 2019
Nice
Business › Re: Allen Onyema: U.S. Seizes $14 Million In Bank Accounts Linked To Air Peace Boss by IamR: 2:17pm On Nov 23, 2019
zoeA:
the US now believes any outrageously rich Nigerian na fraudster
That is my problem with the USA. I just hope and pray that Onyema comes out clean.
Politics › Re: Allen Onyema: U.S. Court Issues Warrant Of Arrest For Air Peace Boss by IamR: 1:08pm On Nov 23, 2019
Africonji:
This is getting serious. Dr. Allen Onyema should step down from his position at Air Peace until he clear his name, so as to save what is left of the brand. The board of directors should release a statement separating Allen from the brand. The airline must not be allowed to die over this scandal.
I don't think he should step down until he is finally proven guilty. He needs our support and not telling him to relinquish his position.
Politics › Re: BREAKING!!! Court Orders Arrest Of Air Peace Boss , Allen Onyeama(photos) by IamR: 12:39pm On Nov 23, 2019
It is getting messy. We are watching from here.
Travel › Re: I Am Planning A 10days Visit To Dubai by IamR: 8:37pm On Nov 22, 2019
Blacktail:
Sorry that's an error message, I meant no hotel but we slept at the airport
OK
Travel › Re: I Am Planning A 10days Visit To Dubai by IamR: 8:05pm On Nov 22, 2019
Emmyk:
Hi. smiley

If you are planning a budget trip, contact 'Irinajo' on IG. They are a travel company that organises group tours.

Total cost about 400k which includes;

Visa -single entry.

City tour,

Hotel - Hotel Ibis in Al Barsha a 3star hotel close to downtown Dubai.

Breakfast -about 4 hours of buffet every day.

Desert Safari,

Etihad is the airline. It lands in Abu Dhabi then Etihad bus transfers you to Dubai. About an hour trip.


And if you aren't on a budget trip, you can still contact them to plan it for you. cheesy
Are they on twitter?
Autos › Re: Superclean 010 Highlander Reg Limited 3row Leather Revcam Thumbstart 3.4m by IamR: 5:52pm On Nov 22, 2019
Nice
Travel › Re: I Am Planning A 10days Visit To Dubai by IamR: 4:54pm On Nov 22, 2019
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?
Travel › Re: I Am Planning A 10days Visit To Dubai by IamR: 4:50pm On Nov 22, 2019
Nice.
Family › Re: I Need A Young, Dark Skinned, Wealthy Igbo man for Marriage. by IamR: 7:42am On Nov 22, 2019
Hmmnn...
Investment › Re: Treasury Bills In Nigeria by IamR: 3:40pm On Nov 19, 2019
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? grin grin grin
Economic wonders grin
Emefiele is doing tombo-tombo with our economy.
Travel › Re: 13 Best Ways To Enjoy Cheap Travel By TravelWahala by IamR: 12:39pm On Nov 19, 2019
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.
Politics › Re: David Lyon Is The Least Educated Governor-elect Since Creation Of Bayelsa State. by IamR: 6:36pm On Nov 18, 2019
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.
Investment › Re: Treasury Bills In Nigeria by IamR: 4:43pm On Nov 18, 2019
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.
Investment › Re: Treasury Bills In Nigeria by IamR: 4:38pm On Nov 18, 2019
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.
Investment › Re: Treasury Bills In Nigeria by IamR: 4:28pm On Nov 18, 2019
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.
Investment › Re: Treasury Bills In Nigeria by IamR: 4:23pm On Nov 18, 2019
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 shocked

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.
Politics › Re: Bayelsa Governorship Election Official Results 2019 Announcement (Live Updates) by IamR: 5:26pm On Nov 17, 2019
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.
Politics › Re: Kogi Governorship Election 2019: Updates, Results, Reports And Live Monitoring by IamR: 3:19pm On Nov 17, 2019
Nawa o!
Politics › Re: Bayelsa Governorship Election 2019: Updates, Results And Live Monitoring by IamR: 8:45am On Nov 17, 2019
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.
Politics › Re: Bayelsa Governorship Election 2019: Updates, Results And Live Monitoring by IamR: 8:38am On Nov 17, 2019
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.
Investment › Re: Treasury Bills In Nigeria by IamR: 7:21am On Nov 17, 2019
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!
Investment › Re: Treasury Bills In Nigeria by IamR: 6:59am On Nov 17, 2019
emmanuelewumi:
What is the duration of the bonds you are looking at?
2 years sir
Investment › Re: Treasury Bills In Nigeria by IamR: 6:49am On Nov 17, 2019
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?
Travel › Re: Tour To Seychelles --- My Experience by IamR: 6:41am On Nov 16, 2019
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.
Travel › Re: Tour To Seychelles --- My Experience by IamR: 10:18pm On Nov 11, 2019
kakakii:
yes....

did you witness the 2 fighting on the plane? lol
Lol, I did.
Travel › Re: Tour To Seychelles --- My Experience by IamR: 6:55pm On Nov 11, 2019
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.
Travel › Re: General UK Visa Enquiries - Part 4 by IamR: 8:44pm On Nov 10, 2019
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.

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