₦airaland Forum

bjtinz:
You're also with investment one?

Yes

bjtinz:
Hmm. Investment one also? That's good. I used to have an account before the transition to GTco. Will it still be valid?

Message on WhatsApp or text your registered email or phone. 09070.... 058.... 289

Or download the app and follow the steps emmasoft mentioned

alezzy13:
Hi everyone. Can anyone recommend a good investment company/stock broker involved in treasury bills? I'm getting tired of GTB and their shenanigans.

You can send me a mail or chat/call zero 9 zero 7005.. 8289

Nakedman:
Hello house, Good Evening, I have been looking for update on FGN Saving bonds for August I couldn't find any. Can anyone help me out?

Wait till next week

Unlimited22:
He took that on the line.

Wow.

Thompson was desperately unlucky.

Close

izzou:
[color=royalblue]In Jim Beglin's voice;

And Kano scores the openerrrr..

[/color]

It seems protesters in Northern part of the country didn't come out to play

Itsrm:
When I said it, it looked impossible. I have gone all in into Tbills now. Only other asset class I have not Tbill is crypto.

Welcome bro

larrideX:
You can be definitely sure that Marvel will reduce that masks time by like 30%, they wont hide RDJ face for 99% of the movie. He's too popular for them to do that.

Theres an alternate vision of Dr Doom that merge with Iron man right? Where they swap brains in college and lived each other life? I know i read an edition like that before, just not sure if its canon enough for them to want to go that route.

Guessing it's Alternate. Same thing they did to Cap in Deadpool/Wolverine when he was brought back as the fire guy in fantastic 4.

Personally would have preferred someone else as Doom. We wil get to see Secret wars in 2years time or so.

Me think he was brought back for the revenue

iamoyindamola:
Shazam is always confused, even black adam use the magic word😆

Shazam works for both as they got powers from same source.

nihilistjnr:
Captain Marvel is a man in the comics and a woman in MCU

I think Shazam in DC is also referred to as Captain Marvel also

nihilistjnr:
I haven't watched it yet. I dey go watch am this week sha.

Deadpool is my 2nd favourite comic book character after Cable.

My favourite is always man of Steel.
I like Deadpool also, always funny. Like Cable also cos of Cyclops. Cyclops is my favorite x-men then Ororo.

nihilistjnr:
Marvel have always had alternative takes on their heroes na? Off the top of my head, In the comics, Thor's babe (Jane Foster - the one that died in love and thunder) actually wields Mjolnir(like in the movie) , actually becomes Thor , and actually joins the Avengers

The spiderverse is a contemporary example of alternative takes on spiderman. If you watched Cadbury breakfast TV, you will remember the clone saga from the 90s spiderman cartoon when Peter Parker has a clone called Ben

Even the new Deadpool movie is another example. Hugh Jackman as Wolverine canonically died in the Logan movie. Yet a Jackman Wolverine is going to be running around with Wade Wilson in Cinemas starting this week.

The Movie is actually out. Deadpool and Wolverine.. Rate it over 6

iamoyindamola:
Our kids will grow up reading shit in comic books
They now have opposite of super heroes and even villains

Don't be surprised if Doctor Manhattan have an opposite and even Frankenstein 😄😄😄

If never die (kokumo) Deadpool can have other gender

Lol them dey always push agenda.

I see powerful people/institutions at work here..

A40 and Ibime this is not nice at all.

Days and weeks to come, you both wish you never insulted each other.

I come in Peace

awesomeJ:
Let them just make food cheap, Rice, chicken, milk etc, let people find convenience in setting meals on their tables. Cars clothes, houses can wait.

This is the most important. Tackling food inflation first and insecurity.

awesomeJ:
What's my own? Let LASG go and drag that one abi na LIRS, I'm not a fan of the government rn.
I think they should sit up and fix the economy. Last July I got 4 doors for 185k, this July, 2 doors 200k. How much will I charge as rent?

Baba mi I understand. Everyone irrespective of social class is feeling the heat. It's well with Nigeria

LordAdam16:
Itsrm, your 30% end of July prediction is closer than we'd envisaged.

-Lord

If at all it gets to an all time high, do you think we will get to see rate trend downwards the coming month?

awesomeJ:
28.4% yield!!!
I wonder if we've ever had it higher.

Omo the next auction will be fire.. Hopefully we get to see alot of people bid. Let's wait and see what the secondary market for the coming days will look like

awesomeJ:
My thinking too, cos I've been paying WHT on fixed deposits before I got a TIN.
I think WHT remittance can be made to the FIRS with or without the payer's TIN. So that should not be used as an excuse to withhold people's funds.


Makes me even think: I don't even remember submitting TIN to my current employer, yet they've been removing PAYE on a steady.

Maybe you provided it when joining or you can ask them how far. Lol

Yungmil:
Baba am new to this tb stuff if I have say one million to invest for one year on secondary market( since am new let me start from here) how do I go about it please.

Note that the secondary market Tenure is shorter and not up to 364days. You can get Tenure that's close though

vanvickie:
Pls is this as at today?

Yesterday's meeting

DAramis:
Good day all,

Those with Stanbic, when is Treasury bill subscription holding? And have someone ever did FGN BOND subscription with them recently? Was it successful?

Primary market auction will take place tomorrow. Submit your bid on time

MPR 26.75%

lajid:
Thank you a lot. I just logged in with this moniker. So using this analogy, what if I decide to reinvest the interest (I always tell them this)

Does that mean Discount rate will not apply? (since it applies when interest is taken upfront).

So how is the yield calculate in this regard? Cause if I say reinvest, that means 116,000 will be invested for the tenure right? Kindly give more light to this chief, thank you.

Cc: Odunharry Persiade If you have any info on this too

The explanation given by other posters is correct . If you decide to take your interest upfront, you be paid the interest, then the 100, 000 which is your face value at maturity.

You can then advise the bank/House to re-invest your interest instead of taking it. For many that I have seen, it's always been on yield.

AwesomeJ and other posters can shed more light on the rate that will apply when one wants to invest upfront interest.

ositadima1:
The discount rate is the percentage difference between the purchase price of a T-Bill and its face value. In Nigerian T-Bills, the face value is initially deducted from your account. On the day of the bid, if successful, they return the face value minus the purchase price (this is what they call interest, although technically it isn't). At the end of the tenure, they return your face value. It's that face value minus the purchase price that they invest and refer to as investing your interest.

Let me break it down:
- Face Value: 100,000
- Purchase Price: 84,000
On the bid day, you get your 16,000 back (which you can now invest along with the 84,000).

Some useful formulas:
1. Yield (also called effective yield or true yield) is:
Yield = (Face Value / Purchase Price) ^ (365 / Days to Maturity) - 1

2. An approximation of the yield:
Yield ≈ Discount Rate / (1 - Discount Rate)

3. Working backwards to find the Discount Rate:
Discount Rate = (Face Value - Purchase Price) / Face Value

Note: This information is based on my personal research and may not be entirely accurate.

You can also get the yield by dividing interest by Disc value and multiply by days in a year divided by your Tenure

4Intl Trophy in 4years for the GOAT.

Jodera show fess come press my guy Trevor neck

awesomeJ:
If you do business with it and make 500k in 3months,
1. You took some risk, cos things could have gone south.
2. You put in your time and intellect for three months, after paying yourself for the time and intellect invested, the real profit may now be less than 100k, but most people prefer to discount tge cost of their efforts and still count the profit as 500k.


TBiLLs are: risk free, efforts-free.
No offloading goods, taking customers insults, collecting fake notes, no dragging customer with your neighbor 😁😁


This is not saying people should not do business but rather only do Tbills, that's not the suggestion at all, the post is about making fair comparisons between investment returns.

Nicely put. I see it as money making more money while you sleep or focus on other things

cutedharmee:
Pls do calculation lets say 14% for 91 days. Principal of 3m

Secondary market for similar Tenure should be more than 14%

OasisX:


......hold your LG Chairman accountable.

100 S. A Nigeria my country.(Ghost/Part time workers). An avenue to steal.

raumdeuter:
This LG autonomy bill is a welcome development

Now developments can reach the people at the grassroots not just stop at state capital

I like the judgement. Any LG chairman that fails to perform will hear from the people since they are the closest to the people