₦airaland Forum

niyoni:
Hmm...but government at all levels in Nigeria is so bereft of workable solutions. No holistic approaches to solving problems. There are economic, social and legal angles to solving environmental challenges. Has the government considered the economic impact of an outright ban on nylon/plastics? Even at a time when poverty and unemployment is at an all time high? What happens to the livelihood of the players in that field? Using a sledgehammer to kill an house fly never ends well. The solution lies in implementing proper waste management systems that include segregation and
recycling of nylon/plastics. Nigeria should already be annexed to Singapore, Japan or China! Better still, Nigeria should be put up for sale on the international market and sold off to the lowest bidder

You write-up is educative though, the last sentence is enough to prove that you are in early stage of depression.

It's never a bad idea to publicized your good work for atleast, haters will feel bad.

Willie2015:
The Nigerian value chain is too chaotic....
Go and read the story of the Zimbabwe farmers that came to Nigeria.....
Most of them left Nigeria as the business environment is too hostile....
The few ones that came back is into broiler business...
And they owned the whole value chain...
From Hatchery... Day Old .....Feeds.... Abattoir, cold room & deliver to consumer directly....
Its difficult to go into business that have 5% chances of survival....
I rather keep my money safe than waste it in the name of doing business
If CBN shut down TBills... we will move to FGN Savings Bonds, FGN Bonds and CP.

If you are not good with business and you like saving in a liquid investment you can keep hedging your fund against inflation with treasury bills.

She must have being depressed.

A highly inspiring and educative thread. The secret to success is in books. I read inspirational books since at my early twenties. I've powerful control over my spending habits. I am now successful with stress free job, descent house, good investment in tbills, lovely family and better health.

Icecream4U:
Do I get my interest paid upfront like normal tbills so I can use it to do business?

No

i-invest is having an attractive rate of 14.46% for 362 days which may be a good catch for long term investors.
You can also now invest 50k which means they are making it simpler.
Kudos to parthian partners as they activated their Eurobond investment vehicle.

I went to break from tbills investment following inability to credited my wallet using debit card but, it has now resolved with the updated app.
Though, i recently buy tbills at sibtc, it's always stressful and time consuming, hence, i prefer the app.

Curvinus:
I'm very sure of this. The guy showed me the bid on their screen and I saw N18k, and there were other charges as well but they were not part of the 18k. I told him to cancel the bid which he did and tore the paper.

These charges will be indicated on the Treasury Bill certificate.

Commission: 0.125%

Custody Fee: 0.10% per transaction (per investment)

Transaction Fee: N100.00 per transaction (per investment)

VAT: 5% VAT on Commission, Custody Fee and Transaction Fees.

lizzypro:
About the withdrawals is it to only the bank uour bvn is related to. Like can you withdraw to another account not related to that bvn

You can widraw only to any of your bank account link with your bvn.

zellfoxx:
Tried funding my account with a debit card and internet banking. No luck after multiple attempts. How did you fund yours?

I normally used to pay with debit card and it fails after multiple attempt yesternight. Its the only payment method i have convenience with.

igbizen:
Point of correction, it’s not like mutual fund ; you can’t pull out your money like mutual fund at any time without a penalty.

The penalty is 30% of the available profit and payment is always instant.
This is consistent with the rule of Tbills: You can never lost your money and you must always gain.

kryptem:
So much deviation from TB so far. Well, back to the intent of the thread.

Have you guys used i-invest app to execute your TB mission?
Their rate seems great only for the obvious that they don't pay upfront but until maturity of the fund subscribed for. Much like a mutual fund in operation but better rates.

Who has been using the i-invest app to invest in TB and how has the experience been?

Candid view please!

I've being using them since October 2018. And I always acknowledges their services.
They are in partnership with sterling bank for now but I believed they will soon be too big to be hiding under the bank thanks to their credibility and the way they simplify money market investment.

kryptem:
So, who has had experience with i-invest about their dealings and trustworthiness for sizable number of months to guide others?

Their model is very nice and smooth to utilize but I still need some testimonies about their financial dealings so as to guide others.

I was investing with the app since October, I did more than 30 transactions as i always salute the team for their credible services.
iinvest is just like a saving account where you can readily get your cash back as you demand it.

eddyakinrinde:
I felt like I shud have waited till today before I placed my last tbills on the app. That was like a month now. They have very nice rates currently.

The recent attractive rates is possibly as a result of investors preliquidating their investments following cloud servers sickness.
Some even preliquidates their investment 15 days to maturity.
I trust iinvest team but I've less confidence with internet today.

koonbey:
"Epilepsy of the internet at large?" What does this mean, exactly?

Those that browse the internet regularly would believe 'there is problem accessing some web pages recently' leading to panic among heavy internet users.

I just aborted 90% of my investment at iinvest app. I opt to recalled my cash following the epilepsy of the internet at large.
The widrawal process remain as fast as it was as my bank account was credited instantly.
Kudos to the team for simplifying Treasury bills in Nigeria!

.

willijot:
Wonderful thread here.
I came across the I-invest app of sterling bank and I am not really free with the app(in terms of genuineness).
I like the fact that it is going to be very convenient for me crediting the account, but I don't know how the withdrawals work.

Just need to know if it's safe to go with the app.
Any info will be highly appreciated.

I'm using it for long
It's credible

please which brokers allowed their clients to trade online?

dake40:
Hi. What's your take on "I invest" app by Stanbic bank?.

I'm also using it
More convenient

Individuals who are well integrated into the society are less likely to commit suicide.

Always live within your means and avoid copying others.

blissfulsoul:
Is it safe to invest in I-invest?

It is safe. I completely relocated to the app.

You may not like the app but investing with it is more convenient to me, thanks to their liquidity and credibility

The fact that you had one bad experience with them should not be a reason to be tarnishing their reputation as we just read from your side.

I started using the app from October as i did more than 30 transactions so far. No single problem!

Whenever I demand my money from either matured or running investment i got it instantly.

My verdict; @Barrytone must be novice at using business application which made makes him to follow the wrong procedure of investing with the app.

OgogoroFreak:
you would be asked to submit documents. They don't ask for documents before you invest but they need your documents before you can withdraw.

I was never asked for documentation before before widrawal as i did my documentation and kyc before my first deposit.
I made more than ten widrawal so far and the payment was all instant.

walcolm:
Why are you guys making phantom claims, see Screen capture of the 8 maturities currently on the platform

Where is the 14%?

In tbills, quoted rates are dynamic while those you captured remain constant in your portfolio up to maturity.

Desanta:
True talk. They had 14.1% about 3 weeks ago.

I was even into 14.4% (their highest) before i aborted it. I'm now having almost all at 14%.

He arrested a commissioner and other government official and set to present them in court today as he deny them freedom

nwaanambra1:
i guess kano people have learnt from their mistake at the presidential election when they thought INEC will be fair in their conduct of the elections - now they decided to guide their votes with their lives!

APC fooled them in the presidential election with their computerised rigging system now they have refused to be fooled again!

There is nothing like rigging in that election, Atiku does not have the integrity to stand against Buhari in Kano.

Same Kano voters that massively support APC at presidential elections have today reinforced their turn out, to vote for PDP at governorship elections.
They have even storms the streets to celebrates with Kwankwasiyya as the drumbeats keeps resounding!

The previous election day is for Buhari but Kwankasiyya dominates heavily today to the extent that the populace have commenced beating their drums in their support for 'Abba gida gida'.
Kwankwaso is a great politician! He solely anointed a politically strange candidate a makes him a household name. Almost everyone here in Kano is celebrating the downfall of Ganduje.

The drumbeats of the celebrations has started right from the day of elections?
Kano politics sweet die!

All the reports has it that Abba is winning at all units.

Gandollar just called for emergency meeting at the government house, fatan dai ba murdiya za a yi ba.

The ongoing governorship elections has it that 'Kano people are voting massively for PDP', gandollar needs only miracle to retain his seat.