₦airaland Forum

Any installer around lekki, Ajah or Ibeju axis?

What part of Lagos?

Sanjomi4real:
They're 3months plus

Vaccinated and dewormed

Lagos


#10000

Need feeding as the owner doesn't have time to take care of them

How much and location?

Kayodemeshak:
He traveled and left the dog with a woman who has no time to feed dog or has phobia for dog

Government tend to be more generous, now that people have less options nowadays, I do not expect them to be significantly different.

damilola1978:
I thought about something, since all rates are falling, quite a good number of companies would want to take advantage by rolling out commercial papers at a reasonable rate above Tbills current rate.

Can anyone assist with ongoing commercial paper auctions

2003

ebuks4ever:
What's the model and year of the car?

Thanks. How many litres please. I noticed that these guys want to pour the full 4 litres but the dip stick has a provision for when it is cold and for when hot.

ebuks4ever:
This oil is easily accessible so pls use it.

Those candle sticks matter still de tire me since the days of trying to study forex.

ukay2:
FA are financial analysts. ..look into companies financial books and know what the management of the company are saying, not saying, hiding, value the worth of the shares which may be fair value or current price or bargain price
Ogas like currentprice, emmanuelewumi, Bigjay, Pluto, oakperl ,Chibuking, Rebecca etc are good in that aspect . Usually may be interested in dividend payments

TA are techcnical analysts otherwise called Chart people. ..na chartists oga Emmanuelwumi de call them using price volume chart to know daily, weekly, monthly or yearly movement of stocks. Most of them are traders, jump in jump out...jijo masters. Most are not interested in dividend payments
Sometimes, they will jump in and will not jump out without losing funds...here stop loss is activated.
Ogas like FXUSER, BullBearMkt, Agbalowomeri etc are there..

But some ogas like Agbalowomeri, Rabidoracle etc combine everything and know when to invest. ...buys stock at bottom price and sell at high prices and how on long vacation ......usually are not interested in dividend

Its just fun knowing where you belong and stick to what work for you with aim of making money and less loss

What's the best way to master FA? Meanwhile, this your lecture sweet die. In my seop, you just defined many terminologies.

ukay2:
FA are financial analysts. ..look into companies financial books and know what the management of the company are saying, not saying, hiding, value the worth of the shares which may be fair value or current price or bargain price
Ogas like currentprice, emmanuelewumi, Bigjay, Pluto, oakperl ,Chibuking, Rebecca etc are good in that aspect . Usually may be interested in dividend payments

TA are techcnical analysts otherwise called Chart people. ..na chartists oga Emmanuelwumi de call them using price volume chart to know daily, weekly, monthly or yearly movement of stocks. Most of them are traders, jump in jump out...jijo masters. Most are not interested in dividend payments
Sometimes, they will jump in and will not jump out without losing funds...here stop loss is activated.
Ogas like FXUSER, BullBearMkt, Agbalowomeri etc are there..

But some ogas like Agbalowomeri, Rabidoracle etc combine everything and know when to invest. ...buys stock at bottom price and sell at high prices and how on long vacation ......usually are not interested in dividend

Its just fun knowing where you belong and stick to what work for you with aim of making money and less loss

I thought FA people just wait for dividends at the end of the financial year and never really bothered about share price changes.

ukay2:
Loooooool

Who dash me TA, I be omo-shehe. ...more of FA crew

So you are a member of the TA crew and not the FA crew, (make I follow throw acronyns around small)?

ukay2:
Na so...usually I catch up after work

But some important discussions may be going on in the mix of the funs catching which one may not see very well if your rushing it.

Like BUA CEMENT merger with CCNN discussion that was going on about 4 months ago. Because I was busy then and didn’t pay much attention in the NSEMPA thread, I missed that opportunity of buying CCNN at N17 -19, just to sell to BUA CEMENT this January at N34...just see golden opportunity one missed

But more opportunities will come again this year and God will help me to invest wisely in good opportunities that will come up in the stock market.

I this context, it could mean digital marketing, owning digital assets like a money generating app, or fintech. That's the context I was speaking from.

Ibrahim505:
What do you mean by digital economy in this context?

I try to follow daily. I am not totally green though, but una level too high and 5k plus pages is too much to spend ones lifetime trying to catch up with.

ukay2:
No mind dem ogas for the NSEMPA. ...most are catching fun there.

But most people there will answer your questions if one ask...despite the funs they are catching. ...the thing is that the sweetness of stocksmarket discussion is in the catching funs of how the various stocks are 'behaving' in terms of their currentprice, poor or good financial results , expectations of dividend payments, future prices etc

Just try and be listening and getting use to the terms there, with time, you too will master the stock market easily. ..

Each time I enter that una stock signal thread, una argument non de let person know which one to pitch tent with.
Digital economy is the fastest way to get ahead of the game in this 21st century, in a way it is similar to stock I reckon.

ukay2:
Yes Sir. ...just like me...na real estate , NTB, mmf, stocks and bonds. ..any other investments i know sabi ooo

Am more into stock market and bonds now..

The problem many people have with thinking outside the box in this context is the amount of sharks and crocodile ready to separate you from your money, which is why you see a lot of people focus more on capital preservation than even the interest. For many people, the interest is just an add-on, they are more interested in the fact that at the end of the tenor when they need their money, they know when to find it.
Outside that particular box, the uncertainties are too many to mention.

ukay2:
Very Apt.

That is what is really playing now.

So much liquidity in the system. ...FGN is borrowing at a very low rate now to service the high rates they alrady borrowed. Also the FGN is selling crude at high price of over $60 per barrel

This low NTB rates may continue till close to 2023 election except crude oil prices crashes below 30 dollars per barrel.

Also the yield on FGB bonds is fast depreciating, making investors to look for any available low risk portfolios. The PFAs are chasing with their idle trillions of naira to any available low risk investment we little investors may consider as better yield.

Stock market may be alternative, but when newbies may entere into stock market; not knowing how to dine with men in blacks, may get their capital funds burnt out

So is really a hard time, but in all of these things, we shall overcome.

It's a good time to think outside the box. ..

The loses people incur from converting naira to USD kind of discourages people. Even on this thread,some guys alluded to it on the stanbic USD fund.

ahiboilandgas:
Attractive omo rate to attract dollars is not sustainable cos after 364 days this oyinbo move the capital and profit back to base ( converting nairas to dollars )erasing all the gains earlier ....instead we need more remittance from diaspora...any dollars sents by nigerians to build house remain in Nigeria , less import of meanless items that can be produced locally

Since what you want to do is more savings, mutual funds will be your best bet.
Although they are a couple of investment firms you use my preference is for stanbic ibtc mutual funds. You can open it online by sending them a message and they will send you the forms and the kyc requirements, in less than a week you are ready to start putting a part of your income inside it. I do hope you have the discipline to follow through with your plan and not default after 2 months because this is not like school where you get punished for not submitting assignment, instead in this case as in all investments, you are your own supervisor.
Na simple question you be ask o, I come enter de deliver lecture, abeg non vex.

codeME:
Hello great people, just seeing this tread and have been reading page by page, i want to be investing a percentage of my profit every month on something, which best way do you think i can go. I will really appreciate good advice. Thanks.

True. I have never heard a bank reject dividends form, it just does not seem to make sense.

Credobee:
I only have account with ecobank ......
I concur with you on the ignorance of the
staff(s) ........
I met three different people in three different branches..........
And none seemed to know what to do �...........
My option B is your suggestion up � there........
Thanks

I guess you try again and see another staff or request to see the manager because the person who spoke to you clearly does not seem to know.
Alternatively, use another bank.

Credobee:
Their reason was that they can't process it..........suggesting that I take the forms to a post office.........
And I am like.........
Are you kidding me.........
Is nipost still in operation in Nigeria.......
Who would l hold to account for updates
So many questions.......with no answers

They should have given you a reason. Perhaps they may have said your account has to be a current account.

Credobee:
I have shares in some quoted companies and wish to have my dividends credited to my Ecobank account.......
And the bank is rejecting the forms for it to be done

Explain what you mean. Is it that you have ecobank shares and you are yet to collect your dividends or you have an account with Ecobank and want dividends of your shares from other companies paid into that account.

Credobee:
I took time to get someone to forward mandate forms from four different registrars.......
After filling the forms and attaching passports to them........
I forwarded to submit them with my bank
Ecobank........ Only to be told that they can't collect the forms..........
And I have unclaimed dividends in excess of four years..........
Don't know what else to do..........

To prove to you that Nigerians are very difficult to please, let's wait for 3 months from now if this policy really becomes operational, many Nigerians will start complaining that they only want their vessels to be clear in Lagos and you will wonder if it is not the same people who have been clamoring for other ports to be operational all these while.
Some will even bribe to ensure that their goods only get cleared from Lagos and no where else. Non be this my people, I know us Wella

dejiotus:
Stanbic IBTC account number to fund the Stanbic IBTC Dollar Fund is 0034131849. There is a charge of about 20 dollars if someone makes the transfer via the Chartered account

Is that not the only account to pay to? What other account and what's the charge there. For every transfer investment, there seem to be almost 100 USD deduction.

Only a transfer from a dorm account seems to work.

seunnuga:
Please how does one fund his stanbic dollar funds? ... My account officer also kind of discouraged me that it's difficult to fund it.. but people find a way out

Is there a safe alternative to this?

ebuks4ever:
Recommended fluid is Toyota Type IV

If you like yourself, run away from forex so that you don't end up in a thread like this. https://www.nairaland.com/5637994/seye-onigbinde-former-banker-defrauds

isangjohnson:
A friend told me today about MBA FOREX LTD and I asked him, is it regulated by SEC?
He said yes. I'm yet to sight the certificate.
Does anyone here know anything about it?

I think if you are subscribed to any of these financial bodies you will always get mails from them.
I got mine from both afriinvest and Morgan.

Barrytone:
Source please, just been asked.

CEO as in like the owner or CEO as in like the director? So the man na financial analyst?

emmanuelewumi:
Yes, the current governor of Edo State was the MD/CEO of Afrinvest

Yes please

Barrytone:
700k you meant?

That's the one with the 14.5% rate right? I think you will be getting around 700k every 6 months.
The experts will either confirm or refute it, but my little understanding of bonds seems to believe this is the case.

Barrytone:
If I invest 10m on the 10 year bond, how much will I be making yearly. Yhanks

Sorry man, my small experience is that some people (fellow Nigerians) do not believe you have a right to what you have and do everything in their power to get a share, the same way they see government money (national cake) is the same we believe that we can get a slice of your money beyond salaries. The boldness is even frightening.
One guy who has been owing me for a business where 100% of the money was money was mine while he only had to oversee the process had the nerve last quarter of last year to be suggesting I come and invest another 2m is a new venture so that from there he will get the money to pay me back. Of course I did not bulge even though he sounded convincing.
Assuming I did bulge and I invested and got bitten the second time, my self esteem would have been badly hit, not even the money sef.
Nigerian banks are the only entity that has successfully reduced the rate if stealing from them, even though you still hear of bankers committing crimes, it would have been worse as a daily occurrence since the money enters everyday considering the kind of people we are.

OgogoroFreak:
Do you think the money we invest was plucked from a tree? Majority of us already have businesses and so occupied already. If we can still make guaranteed money with our excess money, without being involved, why should a reasonable person reject that? Haven't you heard of multiple streams of income?

I have closed down two branches of my business(porthercourt and Benin). Despite my very strict principles, these guys still device smarter ways of stealing from me. Truck driver transporting goods to those states claimed he was robbed goods worth 60M nowhere to be found! Thanks to the Police who got the idiot to confess. We were able to recover some. The manager of the Benin branch was also involved. Enough is enough

I have read this story before. It also reminds me of another novel I read way back where some guys used bank money in their possession to create artificial scarcity for a particular stock only to dump all of them on bulls at the last minute. They then returned the bank money and shared the profit.
Suddenly many investment houses and ideas with mouth watering are showing up, many of which will lead to deep regrets in a few months from now.

ibechris:
*Monkey Business*
�����

A lot of monkeys lived near a village.

One day a merchant came to the village to buy the monkeys.

He announced that he would buy the monkeys for £100 each.

The villagers thought he was mad.

They thought how can somebody buy stray monkeys for £100 each?

Still, some people caught a few monkeys and gave them to the merchant and he gave them £100 for each monkey.

This news spread like wildfire and more people caught more monkeys to sell to the merchant.

After a few days, the merchant announced that he would buy monkeys for £200 each.

Even the lazy villagers now ran around to catch the remaining monkeys and sold them for £200 each.

Then the merchant announced that he will buy monkeys for £500 each.

The villagers started to lose sleep! They caught six or seven monkeys, which was all that was left, and got £500 for each one.

The villagers were waiting anxiously for the next announcement.

Then the merchant said he was going home for a week and when he returned he would buy monkeys for £1,000 each.

He asked his employee to take care of the monkeys he bought.

The merchant went home and the villagers were very sad as there were no more monkeys left for them to sell at £1,000 each.

Then the employee told them he will secretly sell them monkeys for £700 each.

This news spread like wildfire. Since the merchant will buy monkeys for £1,000 each, there is a £300 profit for each monkey.

The next day the villagers made a queue near the monkey cage.

The employee sold all the monkeys for £700 each. The rich bought monkeys in big lots. The poor borrowed money from money lenders and also bought monkeys.

The villagers took care of the monkeys and waited for the merchant to return.

But nobody came.

They ran to the employee.

But he had already left too.

The villagers then realised that they had bought the useless stray monkeys for £700 each and were unable to sell them.

*Beware of Monkey Businesses*

*Real Businesses are always based on Real Products and Services*

No more monkeys business this year....

Some are coming in the form of network marketing, Ponzi scheme etc... beware!

Nice and sweet promises are calculated for u which look wonderful on paper but a mirage in reality.

This is 2020; invest wisely, so you won't end the year in regrets

Once Again; Beware of Monkey Business ������ �!! �����

Which storm?
I struggle to follow your logic here. Will government not find it easier to pay this lower rate compared to the 15% previous rates?
That people are still over subscribing suggest that people have not yet found a reliable alternative.
Also, I don't think bond will still be as high as 12%, government have seen that they can get low interest loans, they will pursue it to the end. I expect bonds to play around 8 to 9% for now, could be wrong though.

TotoNaRubber:
People are still over subscribing, look at the 91 days bills with over subscription of 10 times even at last stop rate of 3 percent.

I read today the Naija govt plans to raise N510 billion and issue a bond this January on a 5 year period at 12 percent, I believe that will be a better offer compared to these TBills 6 percent. On the contrary, a huge storm is coming, one way or the other the govt. may find it difficult with repayments, the Naija govt. spending is out of control, the economic solution for the ministers instigated by the former UK based Finance minster is to "Borrow borrow and borrow", by the time subscription reduces drastically for certain investment then the previous investors who are supposed to be paid with money from new investors need to start worrying about their money, it will then be a legal MMM.

Once an investment stops attracting new investors, then there is need to worry but for now there seem to be lots of investors chasing Tbills even at the low rates, let us keep our eyes open.