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Itsrm's Posts

Nairaland Forum › Itsrm's Profile › Itsrm's Posts

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Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 3:32pm On Mar 10, 2024
jidobaba:
Do they only attend to this on-site now? I used to send TB instructions via email in the past but they're not even responding now. Gtbank.
They should attend to it as long as you have email indemnity. No idea why they aren't responding
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 12:35pm On Mar 10, 2024
Jodera:
Why not Rice Vs Caicedo and Lavia

I'm being generous here cheesy
You'll be surprised to find out they ain't that far apart. Pull out their respective stats. One is the darling of the media by virtue of his teams league position.
Car Talk › Re: 2016 W212 E350, 2017 Accord V6 Touring, Or 2019 Optima Sx? by Itsrm(m): 11:26am On Mar 10, 2024
If you reside in major cities with hundreds of decent mechanics who specialise in German cars and part availability is not an issue then the Benz is a no brainer.

If otherwise, the Accord it is.

Never been a fan of Kias. There's this element of cheapness to it.
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 8:39am On Mar 10, 2024
swiz123:
"Players like Jorginho can't be used compete for the league. "

An infamous quote from a disgraced analyst.
When the going got tough, he was the first to be yanked off. Speaks volumes
Autos › Re: Total Cost Of Clearing A Vehicle In Nigeria by Itsrm(m): 9:32pm On Mar 09, 2024
Voice234:
Please educate a novice, what’s the difference and is there any implication of paying the lesser fee?
If customs ever stop you on the road, they may impound the car. If you're lucky, you get away with paying bribe. And of course, customs bribe is usually heavy. They are not police officers.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 9:14pm On Mar 09, 2024
biznus:
Really? Meaning I can go to Stanbic this Monday or Tuesday to indicate interest in primary markethuh
Monday preferably. Some banks don't take instructions for Tbills beyond Monday.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 9:13pm On Mar 09, 2024
Foodempire:
I believe auctions are 14 days apart, are you sure of these dates? I want to pull out funds from mutual funds to bid on the next auction, thanks.
100% sure
European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 7:47pm On Mar 09, 2024
That would have been the goal of the season
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 10:00am On Mar 09, 2024
Nakedman:
But next Auction is supposed to be on the 20th
No auction on 20th. Next is 13th and then 27th.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 3:44pm On Mar 08, 2024
Tataffo:
So a moneybag will gamble on Olumide Akpata and spend such just in primaries because he has not made his bank account public or solicit for funds yet
Wike gave Dino hundreds of thousands of dollars in 2019 even when it was obvious he wasn't going to win the primaries

Guess how many votes Dino got? 70.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 3:16pm On Mar 08, 2024
gare2510:
.
I get now.

European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 3:14pm On Mar 08, 2024
Tataffo:
People fund/contribute 300,000 dollars for primaries and it was not made public, na drug barons fund am? Jor ooo if he gets such amount for ordinary lp primaries how much will he now need for gubernatorial
No big deal here.

Dino said Wike gave him hundreds of thousands of dollars to contest his election in 2019. Wike also said he supported Akpabio for speaker because he gave him(Wike) 200m naira when he was running his election.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 2:44pm On Mar 08, 2024
Tataffo:
Na atiku him be to pay 300 plus delegates?
Let's even assume he has no such money. Who says it's his money? You do know people contribute and fund candidates, right?
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 2:43pm On Mar 08, 2024
OasisX:
grin

.....Olumide ain't good enough to lead Edo. An Obidient tọkàntọkàn, flagbearer of their SPV but GRV should lead Lagos.

Emilokan ain't good for Tinubu but good for Asue. We all know what we are doing ṣẹ.
grin

No way for Theflint1 to spin himself out of this one.

You hold am tight grin
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 2:41pm On Mar 08, 2024
[quote author=Tataffo post=128840085]izzou, your guy was right....Olumide really shared $1000 to each delegate

you expected him to admit to paying bribe. grin
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 1:07pm On Mar 08, 2024
gare2510:
Yes, but mine was 5%
Not possible. You must have gotten the calculation wrong.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 1:05pm On Mar 08, 2024
Foodempire:
Thanks. So all together should be like 7.6% for tax?
Far less. How did you do your calculation? Fees on an investment of 100,000 are as below.

Commission-N125
Custody fee -N100
Transaction fee- N100,
VAT -24.3.

Total- N349.3

That's all. No other tax.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 4:18pm On Mar 07, 2024
Foodempire:
Is there any withholding tax from your interest?
Here

European Football (EPL, UEFA, La Liga) › Re: Official Chelsea Fan Thread: Club World Cup Champions 2025-2029 by Itsrm(m): 6:27pm On Mar 06, 2024
raumdeuter:
Watchers of midfielders ibime how do you think he fared and what are some technical things he can improve on

Looks like Bayern was in total control of the match. Was hardly under any pressure. Will like to watch him against better teams.
Investment › Re: Treasury Bills In Nigeria by Itsrm(m): 5:59pm On Mar 06, 2024
Dum20:
This thing nigerian government is doing. I no understand again.

If they put the rate at 5% they know it will be oversubscribed.

What are they really doing with these rates
Bold of you think they will have 1.5 trillion subs if the rate was 5%.

This was from 2021.

European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 5:41pm On Mar 06, 2024
raumdeuter:
I don't work in the oil sector, But who will India buy from?
My understanding is this and someone more knowledgable can correct me

Oil companies drill and give Nigerian govt their portion based on agreement 65-35, 60-40 etc
Oil companies (Shell/Chevron) take theirs sell the crude or refine and sell anywhere they want in the world at prevailing prices.
Naija govt through NNPC sells theirs mainly as crude to generate income
whatever is left would be sold to Dangote to refine
The refined would be sold at a reduced price to Nigerians (because he wont incur shipping cost and due to the benefit he got from govt in the first place)

Is the above right or wrong. If wrong which part of it

Do you think Dangote will buy all our oil meant for export and pay us? You think Dangote has the capacity to buy our Govt portion of oil
This is correct

Everything about NNPC is shrouded in secrecy. No one knows for certain how much oil NNPC has per day. We took some long term loans and used crude oil as collateral. Experts believe that all NNPC has left is about 100,000 barrels per day once they settle all loan obligations. This may or may not be true. No one really knows. Only NNPC can confirm.

Assuming that is true and dangote needs 650,000 barrels a day, he can absorb 100,000 barrels from NNPC, give them FX and import the remaining.

So yes, he has the capacity to buy the govt portion of the oil. The govt portion of the oil is not even enough for him.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 5:03pm On Mar 06, 2024
raumdeuter:
How is it same

How do we get FX from Dangote? So na Dangote go dey sell to OPEC?
NNPC doesn't sell to OPEC na.

India that buys most of our crude is not even a member of OPEC.

All NNPC needs to do is sell crude oil meant for export to Dangote and get FX from him.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 4:42pm On Mar 06, 2024
raumdeuter:
Baba how we go get money to pay salary, construct roads and even fund budget. You think that na Dangote to do that for us

Crude serves 2 major goals, Most importantly and number 1, FX income and sustaining the economy. 2 is local consumption
It's still the same thing na. Just that we get the FX from Dangote.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 4:35pm On Mar 06, 2024
izzou:
[color=royalblue]Or barrels?[/color]
Barrels jare. Na dollar dey all my head cheesy
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 4:32pm On Mar 06, 2024
raumdeuter:
Nigeria has to produce crude for export to generate income for the country that is very important. Now any excess we give to Dangote and others to refine

If due to whatever reason e.g theft and co we cannot

Say we need to export 20m barrel to meet our income needs, Dangote needs 5m barrels. Until we are able to produce 25m barrel before we can satisfy everything. If we produce 22m, Our income need will take precedent, Dangote will get 2 locally and source for 3m barrels anywhere he can get it
Why export to generate income though? Why not just sell to Dangote and achieve the same purpose. Even cheaper for them since cost of logistics is less.

The main problem is that NNPC has no crude to sell. Experts believe all that is left for NNPC once you take away loan obligations is 100,000 barrels a day. Dangote needs 650,000 barrels a day
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 2:03pm On Mar 06, 2024
iamoyindamola:
This guy if you no they wike bankroll I go vex for you 😂😂
Shey you realise I'm also saying the election was rigged.

If you were Wike, why will you put someone confirming you rigged election on your payroll?

We can say the election was rigged without adding all the salt and pepper.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 1:31pm On Mar 06, 2024
seankafor:
Omo, it still baffles me how that rivers election take slide through those courts without anyone making any reference to it..

I commot cap 🧢 for naija for corruption kiss
All lies. I was in the ICT department at INEC office on election day. The result was rigged the same old way at the collation centre in local governments.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m):
izzou:
[color=royalblue]Abeg who win election, and who dey play opposition? grin

Gas na 1,800/kg but Obi is a repackaged scam and you dodged a bullet grin

Naira has started falling again without Binance in the picture, but Obi is the problem.

grin grin grin grin grin

It does not take raumdeuter anything to stir up the docility in some of you.
[/color]
shocked shocked
Business › Re: If You Are Uber Partner In Lagos, Please Share Your Experience Here by Itsrm(m): 7:03am On Mar 06, 2024
tojahh:
Why I like you be say... You no dey fear to put your money where your mouth is.

Shey you go like make we throw small funds on top this findings?
Both vehicles in good shape, you will lose. The manufacturers already gave a rough idea of the fuel consumption of both vehicles.

There's no finding to make.
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 8:40pm On Mar 05, 2024
livelongprospa:
We await this too😅
This is what we signed up for. Make she drop receipt
European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 1:28pm On Mar 05, 2024
afrodoc2:
The moment I saw Doyin Okupe was the director I knew that money would be siphoned.
Doyin Okupe when they were contributing money grin

European Football (EPL, UEFA, La Liga) › Re: EPL Chatroom - All Discussions by Itsrm(m): 8:25am On Mar 05, 2024
Segedinho:
The beauty of it is you must give it to LP,there is always somebody that believes in the struggle and wouldn't compromise..


On the issue of crowd funding,the urge for theft is always there
That's why the idea of asking ordinary citizens like you and I to donate money towards the campaign of a politician never made any sense to me.

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