₦airaland Forum

chudy144:
INTRODUCTION

I still remain my humble self chudy144 of Nairaland. I am doing this because my friend Ymodulus inspired me to help people.

Abeg make una pardone me oo any where una see English error
Me I no be English student ooo

Nah Engineering I study ooo

We all know that selling your imported products fast is the most tedious work to do in this line of business.

I suffered a lot of waste before I figured out how to sell my imported goods fast, most time I use to have my imported goods stay up to 2months some times more than that before I finally sell it up or better still dash them out to my friends and family members.

After doing my research and trying out so many ways to solve this problem. I am happy to share with you guys that care for it my ideas on ways I use to sell my imported goods fast.

I have been able to classify it into Two [2] categories to help your understand it better.

Pls if you really want me to drop this “Selling Concept” Here, encourage me by showing interest and liking this post.

This will encourage me to go ahead to share this info with you guys.

Do you know why I am doing this?
Am doing this because I know Nigerians will not appreciate FREE information and I know how much it will cost me to write and type this here.

So go ahead and encourage me to do this post right away.
Tell me you are interested.

Am waiting ooo

Please Chudy accept my bbm invite. I want to start the importation biz and I ll need you to put me through. Please!

@ Op Please accept my invite on bbm, I ll really need u to put me through as am about to start the business. Thanks

ogaofficer:
This is the third part of my series on fixed
income investments. A fortnight ago, we
discussed investing in Treasury Bills. Today, I
will guide you through investing in FGN
bonds.
What is a bond?
A bond is a contract between a lender and a
borrower, whereby the borrower agrees to pay
the lender interest and repay principal upon
maturity.
What is an FGN bond?

FGN bonds are debt instruments issued by
the Federal Government of Nigeria for an
agreed period of time. The investor lends an
amount of money to the government and
earns interest on the investment until the
maturity of the bond when the principal will
be returned.
What are the benefits of an FGN bond?
1. Interest received on FGN bonds is not
subject to tax.
2. Provides a stable income stream when held
to maturity.
3. Repayment is guaranteed at the maturity
of the bond.
4. FGN bonds can be used as collateral.
5. It is easily tradable as it is quoted on the
Nigerian Stock Exchange and can also be
traded over the counter.
Who can invest in FGN bonds?
Anyone can invest in a FGN bonds. They can
be individuals or corporate bodies.
When are FGN bonds issued?
The government sells bonds via the Debt
Management Office at a primary auction.
Freshly issued bonds usually take place on
the third Wednesday of every month.
What are the bond maturity terms?
FGN bonds have maturity years ranging from
five to 10 or 20 years. The maturity of a bond
is the number of years remaining for an
already issued bond to be due for payment of
principal.
Where and how do I invest in FGN bonds?
You can invest in bonds through a primary
dealer/market maker. PD/MMs can be banks,
investment houses, brokers etc. To invest,
simply approach your chosen PD/MMs and
fill a form including your personal
information, bank details for payment of your
interest, CSCS no’s, the amount you wish to
invest, including your bid interest rate etc.,
and then sign. You can invest a minimum of
N10,000 and multiples of N1,000 thereafter.
Why do I have to bid interest?
FGN bonds are sold via an auction system
where investors quote interest rates for bonds
they wish to buy. As such, bond applications
with interest rates that are below the
minimum average interest rates otherwise
called the marginal rate quoted are accepted
and those higher may be rejected. For
example, if the marginal rate is 12 per cent,
then bids below 12 per cent will be accepted.
Therefore, different investors can have
different interest rates provided it falls below
the minimum average bid price. Someone can
have 10 per cent, another 11 per cent, nine
per cent, 10.5 per cent etc.
What is the marginal rate for bonds and how
does it work?
Bonds are like any other financial assets and
are affected by interest rate pressures. As
such, despite the coupon rates, the FG
indicates it will pay. Bond buyers and sellers
determine the price of a bond based on its
expected yield. For example, FG offers for
sale FGN bond with a coupon rate of 10 per
cent. Thus, N100 units (bond price) of the
bond will earn N10 in coupon interest.
However, when you buy, the marginal rate
determines the price you pay. So, if the
marginal rate is 13 per cent, you pay N76.9
for a bond with a face value of N100 per
unit. This is derived by dividing the fixed
coupon (N10) by the expected yield of 13 per
cent (10/0.13) to arrive at N76.9. As such,
the N10 coupon that will produce a yield of
13 per cent will be based on a price of
N76.9. Basically, when the yield is higher
than the coupon, the bond price is sold at a
discount and when the premium is higher
than the yield, the bond price is sold at a
premium. The price or value of a bond is
therefore determined by the yield.
What other factors affect bond price?
A. The credit status of the issuer.
B. Forces of demand and supply of such
securities.
C. The inflation and interest rate movements.
Is there a secondary market?
You can buy or sell bonds in the secondary
market. So, for those who do not wish to hold
to maturity they can just go to the OTC
market on the floor of the Nigerian Stock
Exchange and trade.
How quickly can I convert bonds to cash?
If you do not wish to hold to maturity, you
can convert bonds to cash by selling it on
the secondary market through your PD/MMS.
When is the interest paid?
The coupon interest on FGN bonds is paid
semi-annually (twice a year) and will be
credited to the account that you indicated
when you filled the form.
Can my interest payments be rolled over on
top of the principal?
The coupon is not rolled over automatically.
It is credited to your accounts as cash.
However, you can then use the cash to
purchase the next round of bond sales should
you want to enjoy the benefits of
compounding interest.

Please is there any bond currently available?

Happy birthday ma! I so much admire this woman. I aspire to be like you one day.

He always look funny in pix.

Who cares

stinggy:
You're very funny
He needs to be able to speak hausa before he can plan such a thing?

Atleast to be able to communicate with them. We all know most of them cant speak english!

ideology:
the northern elites, traditional and religious leaders know their boys unless the boys are not loyal to them anymore, they should call them to order …

Exactly! Am sure Gej cant speak hausa talk more of being behind boko haram.

ideology:
How many of the 150million Nigerians knew GEJ existed in 2002 when BH was formed??

Help me ask them o. Make una allow Gej rest abeg!

I dont blame Wike for accusing Amechi for vandalism and looting. The question is why didnt Amechi hand over properly?

I blame the mum for all his troubles, I thought his mother will always be there to help even if everybody especially his siblings desert him. I really feel for him. Abi no be she born am?

I love d concept and background. Happy married life!

Me likey

RickRichards:
Not formal enough. I like my formal hangouts to look formal; and my informal hangouts, informal, so when clients and associates walk in, they sense an air of seriousness. You can't be relaxed in my office, no. I don't want you thinking right. Just sign the $1 trillion cheque and leave before you come back to your business nous senses.

My thought exactly! Look more like a sitting room. Its still beautiful though.

I really feel for them,only God know what they passed through in the hands of BH especially young girls among them. The trauma alone is for life! I pray all these come to an end and lasting peace to return to Borno state.

Wahala dey o! People with different worries sha. Your own worries is dat u think you are handsome

Op replace Kris Jenner and Alicia keys with Kim and Bey asap

vfactor:
And they still come to fry egg for him and expect him to loose weight? Naa...they should be feeding him veggies, once a day!

My thought exactly!

The baby think say the kangaroo na teddy bear

stinggy:
Sorry, have you started this biz? I need some info from you.

No. I was not able to go into the business.

What is wrong with Amechi? And what exactly does he really want?

They look so hungry and unkept. No good clothes on them,looking malnourished and yet still kill. These people and their mentality!

Drummer girl

lovely

Hmmmmmm. Am sure u did that out of childishness and ignorance. I believe if your dad was still alive,he would have forgiven you and be proud of you too. Since you are really sorry for what you did,just move on and be at peace with yourself.

bitsy208042@gmail.com

I want God to give me miracle job this month and my own God ordained spouse. Amen

NairaMode: He applied it in the air. Haba.
The seed was covered with soil so it doesn't matter where you apply it.

All the questions you guys are asking are either in his article or the picture or plain common sense would do.

Did I direct my question to you? Why dont you just mind your business. We are all here to learn that is the reason the thread was created.

Did you apply the herbicide directly? Or on the sides?

Am interested too bitsy208042@gmail.com

egbaguy: i swear i didnt hear of the incident

Same here