₦airaland Forum

ahiboilandgas:
the shortest tenure will have low rate ....target the new issue

emmanuelewumi:
Currently selling at a premium your yield is about 3%. I think money market is better

emmanuelewumi:
Treasury Bill is short term, while bond is medium to long term.

Treasury Bill is a money market instrument, while is a capital market debt instrument.

With the current low returns from Treasury Bills, banks will be forced to loan out more money to customers and businesses, provided they are viable and won't lead to an increase in non performing loans.

emmanuelewumi:
If Soludo had redenominated Naira.

Old N100 will be N1 when redenominated

So the current conversation rate of Naira to dollar will be N4 to $1.

Houses of N100 million will be redenominated to N1 million

Your account balance of N100,000 will become N1000 the next day after the redenominaion.

emmasoft:
Look at d bottom of my post it's there.. U can also see my phone number there. Investment one is former GTBank asset management it's legit and register n regulated by SEC. Some folks here are clients of Investment one

Sholapey:
The process will make your capital idle in your account by the time they finish with paper work, sukuk bonds must have been closed. Closing date is June 2nd. You may check with your account manager to see if you can meet up with the date before you liquidate your ntb.

ukay2:
Send mail to Stanbic ibtc pension customer care and you will be directed

ukay2:
If you have stockbroker account, put in the CSCS details

If your using bank like Stanbic Ibtc, you may not need to worry yourself with the cscs details since the bank will have custody of your funds with CBN. All your interest payments and capital repayment will still be paid as at when due. Just fill the other aspects of the form.

I bought FGN Bonds with stanbic ibtc some years ago without cscs details and I got all my coupons and capital repayment at maturity.

Though I have all the CSCS details now with my stockbroker.

Note: am not investing in this FGN Suku bond

ukay2:
731 naira after 6months for 500k

Shey FGN Suku bonds de na

11.2% of 500k will give you 28k every six months for 7 years and your 500k will come back after 7 years...

ukay2:
Yes Sir.

I noticed there are levels of investing ones pension fund

I think levels 1-4.....I think it was introduced 3 years ago.

The highest percentage return I saw then was level 3 for my age.....so I chose level 3 which has higher percentage ROI. My pension interest became higher than before.

I think I will enjoy this higher interest until age of 60 other thereabout before I will be automatically return to level 1......can't remember the full details.

I got this from my stanbic ibtc pension manager, when I made enquiry on investing my pension myself. At least the interest is better for the last 3 years.

emmanuelewumi:
Go with your proof of ownership to First Registrar they have offices in Lagos, Ibadan, Abuja and Port Harcourt. They will tell you your holdings and the process involved in subscribing for edividend so that you can get you outstanding dividends to be paid into your bank account

emmanuelewumi:
That is why I always preach liquidity, cash flow and diversification of investments

suco01:
depend on what you need it for.

1. If it makes too much noise by reducing it will make the sound low a bit and reduce fuel consumption too.

2. is basically for fuel reductions from the capurator when the generator is burning fuel

Increasing or reducing 1 doesn't make u have hard start, causes could be
choke lever in wrong direction, bad plug, soaked air filter, low on gas or fuel.

michealekene:
How do I withdraw then?

igbizen:
This should be the account to be credited.

Dinma27:
I just removed my money from stanbic ibtc money market...mutual funds as its not yielding interests again like i presumed. Please whats the best way to invest this money. I was thinking of changing to dollar and invest in stanbic dollar something something...its 5.8 percent for 192...The percentage aint fixed. Please i need some advise or guidance. Thanks

ahiboilandgas:
20 dollars crude predicted

9jatriot:
The imminent recession will be global, many people do not yet understand how bad the impact of this corana virus is yet. We should all brace up.

tomtom370:
LOL!

We all should be more worried about the implications of the downward slide on the Nigerian and global economy as a whole, way beyond Tbills rate.

kolagbemi:
See

bmarketing:
Sounds great. The rate is fair I guess... Seems fixed deposit will do the trick. Although I bank with UBA / Access mainly. Hopefully, when I check-in to the bank today I can get a rate of 4.5% higher. Fingers crossed

ogunjyde2004:
Everyone has unclaimed dividends and unclaimed shares. To find your own, talk to me.

igbizen:
This is a lie. I did reinvestment of interest in stanbic by February this year (primary @14.9%). I have my cert with me I didn’t collect any interest that month. That was how I knew how to calculate it. They invested till about few hundred naira left. And discounted the few hundred naira from my invested capital. 3M to collect 3.525M by February 2020.

Innoxxacs:
1M should give 130k
But you need 1M in...
I'd say run 800k, take 104k (up front interest)

Add 100k(4k remaining)to the remaining 100k run 200k on the next date take 26k(up front interest) add to the remaining 4k you have 30k cash and 1M in the bank
My 2cents

Damolux01:
If you can lend it from someone close to you, do...knowing fully well that you'll def pay up on Thursday. I do this alot to have a round figure investment.

Damolux01:
If you can lend it from someone close to you, do...knowing fully well that you'll def pay up on Thursday. I do this alot to have a round figure investment.