₦airaland Forum

Bawizzo:
Up till this moment I have not seen a single family member speaking up or demanding Sowore's release. Is he a monk?

madridguy:
Alhamdulilah.

naijadrivablog:
Who will now undo the curse
RIP Baba.

Niyeal:
Hope she is not pregnant

I am glad to bring to the attention of nairalanders that Sa'adat Olajumoke Bakare, the missing lady on this thread(find link below)
https://www.nairaland.com/5405069/saadat-olajumoke-bakare-missing-person has been found and brought back home safe and sound.

She was found in Lagos(helpless) and brought back home today.

Details later...

mikhe2:
hope e dy legit?

Acidosis:
The JAPSA account is not the regular savings or current account but a Term Deposit (Fixed Deposit) account. It's clearly stated in your post. Term Deposit is not Savings account or Current account.

So, it's not meant for everybody. That's why the opening fee is N500k instead of 1k or zero naira. It's an investment account which allows you to grow your funds over a period. You don't get ATM card, withdrawal slips, PIN, and the likes.

What should bother you here is what the investor stands to gain in return. The sad news is that nobody on this thread can answer that question unless you approach the bank and negotiate/interact with them.

This thread is very pointless IMO.

faridasr:
All they say is profit sharing ratio crap depending on how much one invests. It was very frustrating for me too. I had to ask if they could give me an idea of what investors earned previously, but all you hear is "its difficult to say what the profit would be". I find that kind of dishonest. Why can't they give examples?

faridasr:
Why would i lie? Just sharing information I searched for but couldn't get. Searched online but there was nothing. Recently got a car loan and wanted to fix the money to see if it will grow. First tried access bank and I got about 6k after 30 days, then moved the money to Jaiz and got less. I have since bought the car as investments don't work in this country.

olayinka63:
After reading your message, I went to the closest jaiz bank to enquire about japsa. The response is that you will get 35% of the profit made on your 500k within your investment period. investment. For example if profit of 10k is made, you're entitle to 35%which is #3, 500. This percentage profit will increase depend on your investment amount and period. I asked about loss, and he said it's rare recording loss.

faridasr:
I fixed 1.5m for 30 days and they paid me about 4k profit.

The report indicates that “90 per cent of these contracts were awarded between 2011 and 2012

JasonScoolari:
Happening under the watchful eyes of "MR. INTEGRITY"

We are watching.

snowland:
I saw it cumming. Since Atiku couldn't cum, someone else has to cum...Atikulators please don't quote me, ayam not philling pine...

Mexyz:
With all due respect Sir, Buhari and his next level leadership style is also a problem we are facing in this country and I have never seen you complain or criticize him here, so please allow another person to complain about what he/she is not comfortable with.

Thank you Sir.

Empiree:
I see this is Nigerian bank. I'm ruled out by default. I have to read more about them though. However I can see their initial deposit is on the high side for average Nigerian, isn't?.

I don't want to leave technic comment without knowing their details.

"At Jaiz Bank, building your wealth ethically is always a priority. Jaiz Bank's JAPSA Term Deposit is an innovative product designed specially to meet your investment needs. Our Term Deposit offers you the option of higher profit rates at tenures which suit your needs. Account holders are considered as investors while the bank acts as the fund manager and invests the depositors’ monies into financially-profitable, socially-desirable and commercially-viable business ventures which are legal and Shariah compliant. Gross profit made from the investment is distributed at the end of every tenure based on a pre-agreed profit sharing ratio.

Features
1. Opening balance of N500,000

2. Attractive returns

3. Investment period (tenor) is a minimum of 30 days and a maximum of 360 days.

4. Investment Certificate is issued for each investment.

5. Non checking account.

Documentation
(For new customers)

a. Duly completed account opening form

b. Two (2) recent passport-sized photographs

c. Valid means of identification: National ID card, International Passport, Voter's Card, Driver's License or NIN Slip.

d. Public utility receipt dated within the last three months (PHCN bill, water rate bill, tenement rate, rent receipt, telephone bill etc.)

e. BVN

f. Birth certificate (if the account is for a minor)

(For Existing Customers)

A letter (duly signed by the account signatory(ies)) requesting the creation of JAPSA for a specific tenure."

joseph1832:
you say there isn't enough locally produce rice to go around that's why it's expensive, right. Now since there isn't enough to go around why didn't the government wait for there to be enough to go around before they close the border.

Think about it, there isn't enough local rice to go around and it's expensive, now that the border is close what do you think will happen to the little local rice that is around? The price will triple and who will bear the burden?

There are business that brings in good money that will never be flooded because the capital to start it is something else.

The federal government is making a very big mistake with this move. I hope you know the price of chicken have gone up now?