₦airaland Forum

emmanuelewumi:
I am of the first set of investors of the fund, it used to be called FSDH Treasury Bill Fund

emmasoft:
1. Performance of the assets in which d fund is invested determines the rate

2. Yes interest is accrued daily. The displayed interest ie 10.31% is per annum so for a day it will be 10.31/365

3. By default interest accrued will be reinvested at the end of each quarter. Investors can now opt for the accrued interest to be paid to them every month or paid at the end of the quarter. The monthly payment option is unique to FSDH generally accrued interest is paid/reinvested quarterly

emmanuelewumi:
You saw Coral Money Market Fund, that should tell you the underlying assets of the fund na

emmasoft:
By the name and regulatory rules, Coral money market funds can never be invested in stocks. the underlying assets are basically Tbills, and commercial papers. If mutual fund assets have stocks as part of it, it's no longer a money market fund instead it's a balanced fund.
That is why MMF is a low-risk investment window.

Features:

Underlying Assets: Treasury bills, commercial paper

Rate as at today 10.31%

Minimum investment of N5, 000.00 and subsequent investment of N5, 000.00

Invests 100% in fixed income securities and money market instruments

Fund Manager: FSDH Asset Management Ltd
Lower risk
Custodian: UBA
Trustees: UTL TRUSTEES
Regulator: SEC

Reinvestment, quarterly payment or Monthly withdrawal of interest allowed

High interest rate double digit
- Monthly payment of interest
- Quarterly interest payment
- Compounding of interest
- Easy entry and exit
- Top up of funds at anytime with ease
- No WHT on interest
- For Long or short term and can be invested for minors as well
- Safe and guaranteed capital
- Superlative customer service then come over and invest in

emmasoft:
As per current rate, Coral money market fund managed by FSDH is a very good alternative.
Let me know when you are ready to come onboard

emmasoft:
VGIF Guaranteed base on current value of sdf is 6%

emmasoft:
Abacus

while coral is 10.26%

RayRay06677:
CP for 270 days @ 14.7025%
Bond for 7yrs @ 19%, Capital repayment every 6months after 18months for the rest of the tenor. interest biannually.

"Things are getting better" 2x
"For the Lord is on the throne"
"Things are getting better" 3x
"Hallelujah"

Oya sing along.

juniorrate:
GTCO money market fund 8.38%

Kedro:
Admission is now regulated with JAMB CAPS, even if your father owns the school, if you don't meet the cutoff for your department and the school sends your name to Jamb caps, it will be rejected. The only thing your aunt can do is to influence the cutoff to accommodate your score, which is very unlikely depending on general performance.

emmasoft:
Yes, it was supposed to be given but VGIF did not really do well and the condition for the extra as stated on the fund's fact sheet is the performance of the fund. It's the SDF benchmarked rate that is sacrosanct

You can take advantage of the Coral MMF now with a double digit rate.

emmasoft:
You just have to help me o anyway you can.
I'm in a fast-moving boat now but it's safe and the destination is sure.

emmasoft:
Yes o my Oga.

Just coming in as a sales rep, by recommendation
Now I need inflow to prove that all that was said about me is true.
Make una help my ministry o. I dey hot seat

ibechris:
For those buying dollars...this is the news from CBN this morning.

OgogoroFreak:
Lol.

I'm so sorry for laughing.

okpaire2005:
Liar!!! the cost is #4500 naira only STOP BEING DISHONEST

cruzydal:
u are very stupid , a big fool for that matter , do u think i have that time ? I wrote jamb more than 15 years ago . i dont even know how they do that stuff anymore. once again u are very very stupid , if u cant answer then shift

cruzydal:
please how much is jamb, my cousin said its 20k i feel like she wants to extort me

dpete1:
I know of someone who scored 15/30 in putme
63% aggregate after calculation of all, had 246 In Jamb, applied for mass communications, which is
60% aggregate, 240 jamb

Still has not been given admission

Codeye:
You can ask all the candidate who did post utme in Unilorin. It's such a chaotic situation. I was even surprised that I got 13% considering the time.limit and other technical issues that was witness.

Herbarium:
To be honest, you did not meet the post utme cut off mark. 15% out of possible 30% is the minimum requirement before you can be considered for admission irrespective of your O'level and UTME scores. You scored 13% which is below 15%. This is equivalent to having scored 43% out of 100% which is below 50%.

viyon02:
Not at all, you need some key subjects like further mathematics and Technical drawing. And d7 in English not too good.

clockwisereport:
@bolded Stop passing wrong information. He does not need further maths neither does he need technical writing.

Only English spoiled the result

SolarEdge:
Do not get a solar or inverter system until you read and digest this information.

Nigerians are always in haste in making decisions. We want something very urgent without considering vital factors surrounding what we need.

I will try to be as brief as possible. Having been in this field for over 5 years, I've met people of different mindsets.

Due to the poor electricity in Nigeria, many have opted for various alternatives to have access to electricity.

 
Some have gotten generators, which is a popular option as it looks cheap to them at the start point.

But looking carefully into the generator, you will understand that you're only wasting money in the long run. In my estate here in Lagos, I have seen a lot of people that put on their generators round the clock. They put them on overnight, from 7pm till 7am. And I wonder what the show of wealth is in doing that. Aside from the cost of running a generator for that long, with the current insecurity in the country, this attitude can endanger an individual when sound is emitting from your compound at odd hours at night.

Many have frowned at the technology of solar as it's been too expensive, fake products that lead to its packing up in no time, and many more reasons. The truth remains that solar power is expensive.

I have said this again and again: solar is an investment, and if you want to get the technology, you need to plan and get it right the first time. But I came across a lot of people who, when you try to educate them, will feel you want to rip them off their money.

A woman came to me to get a solar freezer some time last year. I told her the freezer and accessories, which include batteries, solar panels, solar charge controller, and cabling, would cost her 585K. She began to lament. After some long conversation, she then opened up to me, saying that she's pained that a young man had just deceived her to spend over 350K to power her deep freezer, which did not work. The system can't even power the freezer for 30 minutes.

 
I asked her what the components of the system were and she said a 200ah battery, two solar panels, and a 1000w inverter. At this point, I was dumbfounded. If it's that cheap, everyone in Nigeria will own a solar power system. Then I told her, to power your deep freezer, madam, you need a rugged Indian inverter at least a 2.5 kVA with 4 batteries and a minimum of 8 to 10 giant solar panels. If the freezer is to be powered along with other appliances, then you'll need a minimum of a 3.5 kVA system, which may cost an average of 1.45 million naira. You see, the young man just needed her money at that instance, not minding if she was going to get value from his service.

 

I always tell people, after presenting a quotation to them, that you may get it cheaper elsewhere.

To be honest, solar is the way forward, despite its initial cost. Its benefits outweigh the cost. 

 
There are too many solar materials on the market these days, which makes it difficult for some engineers to even know which material is fake or genuine.

 
There are systems you will install that can serve you for up to 7 to 10 years, and there are systems you'll install that won't exceed 6 months. How pathetic that can be!

The pain of spending a huge amount of money with the hope of getting maximum comfort and immense value for your money can be frustrating if you don't get it right.

We are here to guide you from your energy auditing stage to the commissioning of the project.


You will get a system with a 3 year documented warranty, free system maintenance in the first 18 months, a 7-year guarantee on the battery, a 25-year guarantee on solar panels, and a 10 year guarantee on the inverter, an opportunity to make payment after delivering and installing the system, and a lot more.

We know the financial implications involved. That's why our team of professional engineers are willing to deliver a state-of-the-art service that promises to exceed your expectations.


You can not get it wrong with us.

We sell inverters, batteries, solar panels, solar charge controllers, solar flood lights and street lights, solar pumping machines, solar freezers and refrigerators, solar water heaters, solar cookers, and many other solar accessories.

Adranido:
Mete3 its like this is the real one o.

mete3:
Okay, Thanks Man.
but did you have any idea of when the exam is likely to hold

emmasoft:
For now nothing has been said about it.
If anything comes up all subscribers will be informed.

Main while you can take advantage of the current good rate of Abacus money market fund.
8.41% as at yesterday.

emmasoft:
The bolded is one of the advantages of Money market fund over Treasury Bills.

Acecube:
Okay... Engineering courses are usually below 70... Don't think it will change this year

Acecube:
Uniben don't make theirs official, nevertheless you can still get to know by asking the right persons.

Acecube:
77

Herefortheinfo:
Finally gotten admission for MbbS in Uniben after 5 years........ #Grateful

ositadima1:
Inflation and devaluation has made this table outdated. I don't think you can be comfortable with 25M nor even rich.

Assuming I have 25M as capital to pursue any biz of my choice.

- To return half of dat annually, I would be working tirelessly meaning no comfort at d end of d day.

- To return 20 to 30% same as above, maybe a little less work, but still no comfort.

- To return 13% passively, it will amount to 270k per month. U won't be living comfortably on that either.

My pessimistic views...