Politics › Re: Jonathan Was In Cage Actually See The People That Caged Him by megaik: 7:31am On Apr 06, 2015 |
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Celebrities › Re: Tonto Dikeh Entertains Fans With A Flash Of Her B00bs On Instagram by megaik: 3:12pm On Apr 05, 2015 |
Ladycloud: ...nah... there are half cup bras.. anyways... the outfit is nay for me. Even tea cup bras and coffee cup bras too |
Investment › Re: Investing In Federal Government Bonds In Nigeria by megaik: 8:43am On Apr 04, 2015 |
Angelstartups: Hello @kennyzboy,
Federal Government Bonds (also referred to as FGN Bonds) are long term fixed income investment vehicle (option) that are classified as almost risk-free. Because the risk is close to zero, the returns are also very predictable and fixed.
The returns on FGN bonds are called COUPONS and coupons are paid twice in a year.
The Government raise bonds through the DMO (Debt Management Office) who deal directly with Primary Dealers (agents) who on-wards sell to Other registered dealers (secondary) who then sell to retail/ institutional investors. These Primary dealers are limited in number because DMO cannot be opened to every retail or institutional investor/ trader and therefore the DMO has guidelines that these Primary Dealers must abide by before they can be registered.
The Government raise bonds to finance capital projects for the benefit of its citizens and few other reasons (example: to mop up excess liquidity within the system to curb inflation).
So how does it work really? Let me use the example you have sighted here:
If Kennyzboy invests N10m in a 5 year FGN bond at a coupon rate of 15%, it means: Coupon=15/100*10,000,000=N1,500,000 Therefore, every 6 months after, kennyzboy will receive N750,000 in his bank account till the end of 5 years when Kennyzboy will receive N750,000 and your Principal N10,000,000. (note your bank will take a small commission for the transaction).
To put it in context, let's assume Kennyzboy invest N10m in 5-year FGN bond at 15% in June 2015 (to mature in June 2020), Kennyzboy will receive coupons as follows: N750,000 in December 2015, N750,000 in June 2016 N750,000 in December 2016, N750,000 in June 2017 N750,000 in December 2017, N750,000 in June 2018 N750,000 in December 2018, N750,000 in June 2019 N750,000 in December 2019, N750,000 in June 2020 plus N10million Principal payment.
Hope this gives you some idea about how Bonds work.
Cheers. How does one invest? I mean procedures and where is the guarantee(how do you keep tap on your transactions) |
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Politics › Re: 2015 POLLS: This Website's Prediction Seems Correct Always... Check It Out by megaik: 6:13pm On Mar 30, 2015 |
So Nigeria now has only 26 States? Agents of Darkness seeking to truncate our hard earned democracy with their foolish lies. God will deal with all of you. |
Nairaland General › Re: T.A Orji Could Not Win In His Home Town. by megaik: 8:07pm On Mar 29, 2015 |
Nigerians have greater awareness about politicians and their antics thereby voting wisely. APGA all the way... |
Politics › PHED, PH- What Happened? by megaik(op): 7:09pm On Mar 29, 2015 |
I am still asking people what exactly happened to PHED because I have light since two days now without blinking. .. Let me not believe we had been suffering in the hands of these PHED deliberately and covers up with faults... God help us Nigerians. |
Politics › Re: See What FFK Shared On His Facebook Page This Morning. by megaik: 11:10am On Mar 29, 2015 |
Thank you for this information....You know its so bad people could be cook up fake stories that can truncate our hard earned democracy. GEJ Till 2019 |
Politics › Re: APC Spreading Fake Results by megaik: 7:10pm On Mar 28, 2015 |
Honestly I see it including on twitter |
Politics › Re: Ballot Box Snatched In Rivers by megaik: 4:13pm On Mar 28, 2015 |
GEJ till 2019 |
Politics › Re: Photo: Man Proposes To Girlfriend At Polling Unit.. by megaik: 3:57pm On Mar 28, 2015 |
Bros abeg this is not romantic at all... Of all the beautiful and natural places, na where thugs dey u find interesting. Imagine you were on the act, the card readers issue ensured violenc, what would you have done? |
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Politics › Re: Exposed :how General Buhari/apc Cash Cow ,governor Amaechi, Spent The Rivers Peo by megaik: 9:41pm On Mar 26, 2015 |
Bros the way you just dey halla billion ,trillion dollars. ..I wan craze oooo.... |
Politics › Pls Confirm: Okorocha Escapes Death As Pedestrian Brigde Collapsed. by megaik(op): 9:19am On Mar 25, 2015 |
Please can anyone confirm this information What could have been a major disaster was averted just by divine providence in Owerri, the Imo State capital when a pedestrian bridge built by Governor Rochas Okorocha at Heroes’ Children’s Park, opposite Concorde Hotel, collapsed under the governor.
The incident, which happened when the governor stopped over on his way to the NUJ Governorship Debate to interact with some students of Development Comprehensive Secondary School, Owerri, who were around the park when he came, caused a stir among on-lookers and passers-by.
Trouble however started when the governor took the students up the bridge to teach and inspire them on how to become leaders.
No sooner had the governor started the teachings with the students when the bridge caved in with the iron bracing of the bridge cut under the weight of the governor and the students and the students panicked and started shouting “Jesus! Jesus!!”, while the governor feigned ignorance of the situation even as his security aides rounded the spot to help him down.
Our correspondent who was there reports that when the incident happened, the governor’s aides, especially the members of the security operatives, who were visibly shaken, started shouting to the students: “Jump out!, get down!, jump out!” and the students jumped out from the bridge and ran for dear.
In the midst of the melee, the governor said “we’re too many here, please jump down”.
Our reporter can report that this was the first time the bridge was being used since it was constructed two years ago by Governor Okorocha.
It would be recalled that Akachi Road Bridge and several buildings (including the multi-million naira Imo Film Academy, a new security gate being constructed behind the main entrance gate to the Government House; office complex being constructed in the Imo State university campus, Owerri as well Princess Hotel Okigwe) constructed by the governor in the state had collapsed raising questions about the standard of such projects. - See more at: http://247nigerianewsupdate.co/update-okorocha-escapes-death-as/#sthash.cB4jawB6.I3iTemPd.dpufhttp://247nigerianewsupdate.co/update-okorocha-escapes-death-as/ |
Politics › Pls Confirm: Okorocha Escapes Death As Pedestrian Brigde Collapsed. by megaik(op): 9:08am On Mar 25, 2015 |
Please can anyone confirm this information What could have been a major disaster was averted just by divine providence in Owerri, the Imo State capital when a pedestrian bridge built by Governor Rochas Okorocha at Heroes’ Children’s Park, opposite Concorde Hotel, collapsed under the governor.
The incident, which happened when the governor stopped over on his way to the NUJ Governorship Debate to interact with some students of Development Comprehensive Secondary School, Owerri, who were around the park when he came, caused a stir among on-lookers and passers-by.
Trouble however started when the governor took the students up the bridge to teach and inspire them on how to become leaders.
No sooner had the governor started the teachings with the students when the bridge caved in with the iron bracing of the bridge cut under the weight of the governor and the students and the students panicked and started shouting “Jesus! Jesus!!”, while the governor feigned ignorance of the situation even as his security aides rounded the spot to help him down.
Our correspondent who was there reports that when the incident happened, the governor’s aides, especially the members of the security operatives, who were visibly shaken, started shouting to the students: “Jump out!, get down!, jump out!” and the students jumped out from the bridge and ran for dear.
In the midst of the melee, the governor said “we’re too many here, please jump down”.
Our reporter can report that this was the first time the bridge was being used since it was constructed two years ago by Governor Okorocha.
It would be recalled that Akachi Road Bridge and several buildings (including the multi-million naira Imo Film Academy, a new security gate being constructed behind the main entrance gate to the Government House; office complex being constructed in the Imo State university campus, Owerri as well Princess Hotel Okigwe) constructed by the governor in the state had collapsed raising questions about the standard of such projects. - See more at: http://247nigerianewsupdate.co/update-okorocha-escapes-death-as/#sthash.cB4jawB6.I3iTemPd.dpufhttp://247nigerianewsupdate.co/update-okorocha-escapes-death-as/ |
Dating And Meet-up Zone › Re: Come In by megaik: 11:15pm On Mar 22, 2015 |
Sweetyie: to meet new peepz ofcos Oya meet new people . I release you. |
Dating And Meet-up Zone › Re: Come In by megaik: 11:02pm On Mar 22, 2015 |
Sweetyie: hey guyz i'm new. Biko welcome me its not easy to be on nairaland igbo girl dey fine shaa... so whats ur motive on nairaland? |
Politics › Re: Martin Onovo Shines At NEDG Presidential Debate by megaik: 9:56pm On Mar 22, 2015 |
abokikhalifa: sorry to ask... Ar you trying to rell us to stick with jonathan? You said it all bro... GEJ all the way. |
Politics › Re: Martin Onovo Shines At NEDG Presidential Debate by megaik: 4:46pm On Mar 22, 2015 |
Deciphers: Martin Onovo of NCP is the man that is approaching issue in a debatable way Sure he is especially when he mentioned unemployment and corruption as the major root of nigerians problem buh its unfortunate nigerian elections are not won on debates or social media's. .. |
Politics › Re: Breaking News: Rivers State deputy governor defects to PDP by megaik: 4:34pm On Mar 22, 2015 |
Sourcr pls |
Politics › Re: What GEJ Should Do After He Wins On March 28 by megaik: 1:09pm On Mar 22, 2015 |
I so much love your second point no 2. |
Romance › Re: What Is Wrong With This Picture? by megaik: 2:50pm On Mar 20, 2015 |
And you say Nigeria will be good? with our future leaders behaving like this? |
Nairaland General › Re: Open Letter To NCC On MTN Spammessages by megaik: 6:06am On Mar 11, 2015 |
Koroaso: ********IN A COUNTRY THAT WORKS********
*******THERE IS SUPPOSE TO BE ADEQUATE REGULATION OF GSM**********
*******EVEN THIS RECHARGE CARD BUSINESS IS SO OUTDATED********
*******THESE GSM COMPANIES ARE MILKING NIGERIANS EVERYDAY********
*******THERE IS NO WHERE IN THE WORLD WITH GSM AS EXPENSIVE AS NIGERIA**********
*******THERE IS A HOUSE COMMITTEE ON TELECOMMUNICATIONS BUT GUESS WHAT,ONCE THEY POCKET THEIR "PAYMENT" NIGERIANS BEAR THE BRUNT***********
*******WHAT DO U EXPECT FROM A SENATE WITH A LEADER WHO SAID GSM IS NOT FOR POOR PEOPLE********
*******VOTE OUT CORRUPTION*********
GMB/PYO 2015. Thanks for the info op. IN ANOTHER NEWS.... 1. Sahara Reporters insult the President everyday(no problem). 2. Premium Times enjoy giving false information about the President(no problem) 3. The nation newspaper indict the president daily(no problem) 4. Other APC media quarters write and say nonsense about the president dialy(no problem). Then, 1. NTA transmitted documentary on Buhari ( NTA jos catches fire) 2. AIT transmitted documentary on Buhari and Tinubu(AIT lagos catches fire). Now, you know who the real terrorists are... Nigerian's beware. A party that campaigns by deception, propaganda and violence will rule by that same deception, propaganda and violence. VOTE WISELY . . GEJ TILL 2019 |
Politics › Re: PDP Threat by megaik: 6:42pm On Mar 10, 2015 |
kastonkastrol: maybe we should try to look beyond what lamido said.. lamido might be sending a coded message to our party leaders. maybe there is a plan to kidnap tinubu or oyegun by the evil party called pdp. i believe lamido is indirectly telling tinubu, buhari amaechi and other honourable apc members to watch their backs.. i will advice all apc leaders and members to be very careful... Gej is a desperate man, and we all know what a desperate man can do. Thanks for the info op. IN ANOTHER NEWS.... 1. Sahara Reporters insult the President everyday(no problem). 2. Premium Times enjoy giving false information about the President(no problem) 3. The nation newspaper indict the president daily(no problem) 4. Other APC media quarters write and say nonsense about the president dialy(no problem). Then, 1. NTA transmitted documentary on Buhari ( NTA jos catches fire) 2. AIT transmitted documentary on Buhari and Tinubu(AIT lagos catches fire). Now, you know who the real terrorists are... Nigerian's beware. A party that campaigns by deception, propaganda and violence will rule by that same deception, propaganda and violence. VOTE WISELY . . GEJ TILL 2019 |
Car Talk › Re: States In Nigeria And The Predominant Car Brand They Use by megaik: 9:03pm On Mar 09, 2015 |
Victoriousvic: Cross River - Toyota Cross River is always Audi everywhere you go(for Taxi)... |
Crime › Re: Stolen Fones Being Sold Via Olx.com by megaik: 2:18pm On Mar 08, 2015 |
If only 50 people in Nigeria act like this, Nigeria for don become world powers long long ago ... Op if I were the original owner, I go dash you the phone. You deserve n worth an award. |
Christianity Etc › Re: SEE The Car Of A Bishop! by megaik: 2:04pm On Mar 08, 2015 |
Abeg who owns that 330 lexus jeep covered with tampoline by the left side? usher? |
Politics › Re: Why Nigerians Must Reject The Second Coming Of Buhari- Femi Aribisala by megaik: 7:47am On Mar 08, 2015 |
BeeBeeOoh: No need 4 long talk, the cattle man has being losing over time immemorial. Losing runs in his veins, if u doubt ask 2003, 2007 & 2011; he has being an ardent loser. So, don't worry about 2015 because, the cattler rearer will still go baq to his 150cattles in 3weeks time.. Very true. 2011...Buhari and Pastor Tunde Bakare...2015 Buhari and Pastor Osinbajo,...2019 Buhari and Cardinal Okogie,....2023 Buhari and Bible ...hahaha |
Politics › Re: Photograph: Governor Rotimi Amaechi Pictured Making A Woman's Hair by megaik: 8:52pm On Mar 04, 2015 |
See what an Executive Governor of a State is doing... Too bad!!! |
Jokes Etc › Re: My Girlfriend Has A Hand In My Mum's Kidnap by megaik: 2:24pm On Mar 01, 2015 |
There's nothing we no go see for this forum. |
Health › Re: Whitening Of Teeth by megaik: 2:13pm On Mar 01, 2015 |
starlingleanets: visit a lab ask for conc Tetraoxosulphate (6) acid mix it with trioxonitrate (5) acid and brush your teeth with it it will be whiter than snow. You can thank me later. Why not simply tell him to pour acid on his body so every where will become white ....lol |
Christianity Etc › Re: WOMEN, The Major Problem Of Churches In Terms Of Dressing by megaik: 8:25am On Mar 01, 2015 |
ginawest: OP may God bless u for dis amazing write-up Meanwhile You're beauriful! |