₦airaland Forum

heavenisreal18:
Good afternoon investors

Pls suggest an investment for an aged woman she had retired and can't do any work ,she want to invest 5m aside treasury bils what else can she invest on.(risk Free)
I am thinking of bond but I don't know about it and how she will go about it,

Also is bond a risk free like Treasury bills

Money Market Fund(MMF) is better. She can opt for monthly payment of interest to her account. That will serve as a monthly pension. If she opt for Treasury Bills, she gets the interest upfront and she might be tempted to spend all within a short time. Once she spends the upfront interest and now need urgent money, she will now have to break it and pay penalty for early termination.

emmasoft:
Going to the banking hall to open MMF account is not the best choice. They can take as long as they want. MMF is not first priority in the banking hall.

Banking and asset management are two different thing irrespective of the fact that both are in the same holding company.

Going to the banking hall doesn't an advantage over those who decide to open account with the link.

The best is to deal with the asset management arm directly and that you can do by filling the online form.
When you use the online form, your account opens within 24hrs on a working day.

Click the first link on my signature to open an MMF account with Stanbic.

The branch staff will even start convincing you to open a Fixed Deposit instead.

gbadexy:
Yes sir. Still going strong sir. How are you and the family.

Good. Family is fine. Your work is still shinning.

gbadexy:
Mr M.I (Mr incredible) you're sighted sir at NL1960. You awesome lots are never forgotten sir.
Check is on I.G: regalpaint_ for updates on our works.

Wa o. @gbadexy. The super quality paint producer. How is business and i hope you are still in the business of producing super quality paints?.

enque:
Stanbic just stresses me out every last day of the month, especially on months that have 31days.

They just credited me double of my monthly earnings again, and this happens alot with my account.
Now imagine it's someone who doesn't keep track of investments, they'd think it's the right figure until it gets corrected and then wahala will be doing back and forth with their CS people.

Basic calculation no suppose hard reach like this!

To avoid the stress, try to check a day or two after End of Month. That's what I normally do.

IyaTola:
They have online presence. App.gtfundmanagers.com

Must have been recent. I left them long ago. I still stayed after they took over Investment One but had to move on when any little thing is by phone call or email

egojeny1:
Yes na. One of the best, if not the best. For the past few months their interest rate has been on 22+ and sometimes 23+ sef

Madam @egojeny1 , you dey Norrenberger too?.

emmasoft:
The fund management business of Investment One was sold to GTCO about 3 years ago, which is what birthed GTfundmanagers.
Hence GTfundmanagers is the asset management arm of GTCO.

In my candid opinion, I think they don't seem to get the business right. I hope they learn fast and know that fund management is different from banking. Please note that it doesn't mean your money is not safe with them if you decide to go with them. All parties to the fund are intact.

They took the business but did not take the online access aspect along. Investment One had a strong online presence and good customer service. GTfundmanagers mismanaged that aspect. I had to quickly port when it was becoming too frustrating.

2cribz:
Then i dont know whatelse buy ladies bike then. Buy something sha

Iam going for the engine. Everything is a risk. That is why iam asking for price range in order to do a comparison.

2cribz:
My best take ,close eye sell am,buy any toks car,even if na 300k remain after sales to buy toks car,with complete ac.alaye man up,buy am. Mechanics are not worrh it. A tokunbo car is better than a tokunbo engine or nigerian car.any day,any time

Sell for how much and buy toks for how much?. A mechanic will still work on a tokunbo car. Tokunbo cars are not a guarantee. You will still be visiting mechanics.

2cribz:
Nah.just minus 300k from whatever price they gove to u.drag it with them. Check all the engine if everything is complete aside hose.just pray....

You really sabi the game wella. Another mechanic i called gave me a price that is N400k above what my regular mechanic gave me.

2cribz:
That was then,not now. 2 years is a very long time. Tho its a 20,/80 thing. Most are refurbished to toks standard.

Ok. Do you have an idea of the current price range?.

2cribz:
Before you take the car to quacks,when u buy the new engine or b4 u buy the new engine. Forget bench test bullshit, tell the seller to open the spark plug,he should bring 1 spark plug out and u inspect,inspect the exhaust holes if they are dirty black or tan brown. Tan brown good sign,dirty black,burning oil..make dem no go sell dead engine give u.ladipo boys are evil.im talking to u corolla bank type users. Don't rush to mount engine ,do engine flush first be4 mounting toks and change all plugs first. Keep the follow come at home.

I have spoken to somebody that the mechanic bought engine for about two years ago and he confirmed that he has had rest of mind since then and he uses his own Toyota Corolla for Uber.

jceesquare:
That light showing is caused by worn-out main bearings (aka metals) and or worn-out crankshaft.
You can either replace both crankshaft and bearings (metals) if the crankshaft is way out of spec or get a good machinists to measure and cut the crankshaft to an acceptable size and get it's corresponding bearings for it.
That should fix your problem.
While at it, try and thoroughly clean sludge off all oil passages and inspect the oil pump.

The mechanic said that fixing the issues will not give a long lasting solution. The car is now old. Do not want to go back and forth of repairs again.

NL1960:
Goodday Car gurus,

I noticed that this red light comes on my Toyota Corolla(Bank Type) once the temperature gauge gets to centre of the gauge especially when iam in traffic but once i rev, it disappears and also when i leave traffic and the temperature gauge drops below the centre, it disappears.

Please what could be the issue?.

A quick update on this issue. After so much back and forth of repairs with no permanent solution, iam thinking of replacing the engine completely. Please does anybody know the price range for a complete engine for Toyota Corolla(Bank Type)?.

@ kingreign
@ masciv
@erico2k2

Goodday all. Please after biometric capture, how long will it take for the passport to be ready?. Moreover, will the person be notified or will it be updated on the passport application tracker?.

erico2k2:
Ok cool, there are two places water can mix with your oil,One via the gear box oil cooler,this does not get into the Engine, or if you head gasket is gone, number two yu will see the creamy bit inside your Engine oil sump, the 1st yu will see the creamy bit inside your gear box, so did they tell you which one was it?cos as we speak, I have same problem with my RRS but its the Gear box oil heat xchange unit, Its not serviceable and oh there is also an Oil cooler right under or by your oil filter too .So keep checking your radiator for oil in water or check your oil deep stick for water in oil. Monitor it for a week or two, I bet you any money that's where your problem lays, it has to do with oil.

The mechanic mentioned something about the gasket. That has been replaced. I will continue to monitor. I hardly change mechanics because once a repair is done, I give feedback if I notice something else. Having driven the car for more than 10years, I can easily sense or notice when it is not what it is.

erico2k2:
OK we getting somewhere, how does it get to the Oil? Did they tell you?B4 now could you see oil or creamy tea like substance inside your expansion tank ??

No. They have fixed that. The car was worked on for two days this week. The creamy tea like substance only came once. I did not see it when I check the oil this morning. It was normal. Also the water was not short. Will check it again tomorrow morning.

Bola4boy:
Pls what brand of spark plug can I get for my honda eod. I need a brand I car order online. All these fake ones around don Taya me

Plug is another thing that gets one tired. Once you replace and another mechanic sees it, he will say it is fake and replace it and another says the same thing. So it becomes a cycle.

erico2k2:
Did they find out where the water goes?

They said that it goes to the oil.

erico2k2:
Wrong OIL,if your car was made B4 2008 the correct weight is 5W30 after 2009 it is 0W20,
On your Engine Oil cover it should be written on it.So you have been using the wrong oil ever since, who ever told you to use that Oil had no clue, just like so many self acclaimed Engineers aka road side. This is why I advocate for owners of cars to at least invest 1 to 2 hours of thier life to familiarize themselves with the kind of fluids and what the correct measure of it is to their car so that they can make informed decisions. People always want to sell what they have in Nigeria no one is honest when it comes to selling what they have and don't have.

Thanks for this key information. I avoid roadside mechanics for servicing because of this. I expect that Total servicing in Total filling stations will know and that is why I have been doing it there for more than 10years. I will adjust appropriately during the next service or do you suggest I drain out the present oil and switch to the 5W30 immediately?.

erico2k2:
was that what your manufacturer specifies?what car is it again? cos al you need do in google is type what Engine Oil do I need for toyota blah bla 19 da dadada or 20 dadadada

The car is Toyota Corrolla(Bank Type). I have been using that grade since as it was recommended at Total as i have been doing the servicing there for many years now.

sunnymighty:
Aside the areas the other guy mentioned above, the sump was opened to clear the sludge, i changed my radiator to a brand new one and voila no issue again.

The car has been shorting water but was fixed yesterday. Despite the heavy traffic yesterday evening, this morning when i check, the water was not short

erico2k2:
You do not need to gauge your oil daily, but since its an issue you should monitor it.Regards the sensor, make sure you buy a brand new one.Also ask them to check to see that your oil pump is working proper,.Do not change your oil,this is waste of money
Let me ask, what is the weight of Oil used? do you know? is it something like 5W30?thickness

Total QUARTZ 5000 20W50. Most times, i go back to service once the car has done 3000km.

sunnymighty:
.

This particular issue showed me shege, listen to the man above.

The thing is funny. Never had such issue before for the more than 10years i have been using the car. The car was bought brand new then. So i have been very meticulous in the servicing. I even traveled with it for Xmas from Lagos to Edo North without issues. It just started middle of January.

Btw, what was the final diagnose of your own and how was it fixed?.

erico2k2:
That sign shows up with something to do with the level of your OIL
Could be
Oil gauge sensor malfunction
Oil shortage
Sign your Oil pump is failing.
Either of that is Dangerous.
Do you gauge your Oil in the morning?

"Do you gauge your Oil in the morning?". Every morning before i leave the house.

I have been on the issue. The electrician that now worked on it this week said that it is the oil gauge sensor and will need to change it instead of repairing. The mechanic that even repaired it this week also change the oil. The mechanic and electrician were both on it.

erico2k2:
This has nothing to do with satisfying the Authority rather to save your pocket, How on earth can someone be driving and they do not know the Engine Oil symbol? just How ? and that Symbol is the worse one to ever show up in motion it is usually accompanied by catastrophic Engine failure.

Well, i read a lot on it as i always do my service and information was that it can be tricky sometimes and not necessary an oil issue. The car moves very well and does not even make any sound. It only begins to show when iam in traffic for a long period and the temperature gets to middle. once i begin to drive and the temperature gauge drops, it disappears. Btw, i do not use roadside oil to service as i service from the filling station of one of the major marketers. My alarm started triggering when it started occurring during traffic.

erico2k2:
You mean to tell us you do not know what that sign means? Really? and you have a driving licence
This situation is like being a banker and do not know what a calculator is

Leave that one. How many people go to driving school?. You can even get a driver's license without going to a driving school.

Goodday all,

If a passport renewal application is made, does a person still required to go for a biometric capture and if so, will signature be captured?. Iam asking because i want to change the signature on my old expired passport.

temi4fash:
This norrenberger guys are really on top of their game.

StanbicIBTC is really frustrating me, am just regretting putting my money in there.

Make them give me back my money, i no do again..

Asking for utility bill with my name on it, where them won make i see am. Do i owe a house.

Inshort... Those guys are very nonsense...

I cant wait to get my money back and just stick to FBNQuest and norrenberger.

Just had to vent.. Am so pissed

Open the account online. Some of these staff do not know anything. I have opened StanbicIBTC account online for many people. It is my landlord's name that is on my utility bill and i used it to open for myself and my wife.

kingreign:
Call a mechanic to cone check the car or tow the car to your mechanic garage. Also, check your oil filter

Thanks. The mechanic has taken it to his garage this morning as i did not drive it to work.

masciv:
Do not even start that engine to warm up. That's if the damage has not been done already anyway.

You are either low on Oil, burning oil badly, having oil pump issues, having oil leaks or your oil level sensor is acting up due to wiring issues.

Start praying it's the last of the scenarios indicated.

How do I now fix it or take it to a mechanic if I cannot start it or if a mechanic comes and wants to take it to his workshop?.

I checked the oil and it is not low.

As I said earlier I can drive without the light showing if there is no traffic and the temperature gauge is below centre