ImperialCovfefe:

You can only get the coupon yields if you buy the Eurobonds directly (Secondary market). For that, you need at least $125k.

These other dollar bond funds are not transparent with their mark-to-market processes. They are probably afraid to show losses on their books for their retail clients. Maybe @ernie4life can shed more light on those for you.

You can get the daily fund prices/yields from FMAN's website: https://fman.com.ng/pricelist.

ImperialCovfefe:


I am really wondering how transparent these eurobonds funds are in their mark-to-market process. For example, Stanbic’s dollar fund is up ~2.5% YTD when the Nigerian eurobonds are down >20% YTD and just ~28% of the dollar fund is placement/money market.

ImperialCovfefe:
FYI: For those interested

Nigeria's 2030 Eurobond is trading at $63/unit with a yield of 15.85%. That's a double of your money in USD if compounded for 5 years. That's a high hurdle rate for equities to beat.

noble2faith:


Na so my bro, especially the Muslims. They tell you that family planning is a sin!

Freebills12:
[color=#000099][/color]

Men, I am surprise at you! What is the difference then between a civil government worker and unknown person who may not be educated ? People like you should not near public service, every office has its own grace which should be honoured. Tell me the difference between this government official and an uneducated market woman?

Godisfaithful:
E ku market ooooo. I hope everyone is making money in this environment?

Anyway, $1 is still N735/N740 (In Naira)

On our way to N900/N1,000 soon

God bless Nigeria!

juniorrate:
Today tbills primary market Auction

gabscity:


I am 36% down on GTCO which is like 80% of my total portfolio. Me too I need advice.

pluto09:

MPR increased to 15.5%
This is no good news for NSE.

Oshokhai69:


Who told you printing money increases the national debt

zamirikpo:
Hello.....I know this must have been discussed here by....but with over 2000pages ,it'll be difficult to trace.

Well my concern is with this TB investment and the capacity of this government or the next to payback. I know govt can always print money but at wot point is it impossible to continue to print.

Nigerias debt profile is brutal......loan repayment is over 80% of our revenue.

I'm just concerned........uncertainty is too much

StrafordSTONES:




Hello Jedisco,

Please have you any idea if there is an option for locked staking on Binance...I want to lock away my busd for a long time without being able to break or have access to it until expiration of the lock period.

OBAGADAFFI:


Omo.

Banks have started fighting against Mobile Money Bank.

This won't end well.

ololufemi:


I don't understand the government organisations again o! Offering about 9% in an economy that the inflation rate is officially inching towards 20%. Always spinning some surprise on their citizens.

It will be better for like minded individuals with integrity to collate their funds together, convert them to USD via inflows and purchase one of the FGN Eurobonds that offer a coupon close to this 9% whist commanding a good yield.

They will be better off in the long run because with the way this economy is going, nobody can run things alone not even Alhaji Cement.

Integrity is the most important thing that could spell success for many in this financial terrain.

yMcy56:
ZENITH:
Those guys at the bottom of the offer table were/are they on mission to crash the price or they're for real??
Being observing this for some days......

PETERiCHY:
BARGAIN HUNTERS right now

bolaji73:
Some people can be funny o.Guys pls, check this conversation and state what I said that is wrong.

This Monika,Olaide1295, posted that she has a TV for sale. I called earlier this morning,we spoke a Little and I promised to call back. I saved the number,Later, I dropped a message with the intension of Making more enquiry and the possibility of fixing an appointment.my intension is going to pick it up by tomorrow.
I noticed she was online then I decided to call on WhatsApp, Aunty just cut The call stating that I don't have permission to call her without informing her, chai..see trouble o!
I thought ok maybe she doesn't like WhatsApp call, I decided to call directly.. Aunty just flare up.. That infact she's not selling again.. Egbami! What did I do? The next thing Aunty block me.

GloriousGbola:


A seller telling you you can't call without permission is not a seller. It is some sort of scam. Maybe bait and switch. Or an actual setup where you come to inspect the item and are kidnapped.

Olaide1295:
RELOCATION SALES

1. 32 Inch Digital LED TV-32LJ500 - Black: 55,000 (bought new with wall bracket, Remote)
2. Mi Box 4K Ultra HD Set-top Box-black: 40k (Bought new with remote and cords)
3. Black tempered glass TV stand: 10k

Location: Berger, Lagos
Whatsapp: Zero8169804668

Wapgod:

What do they charge 500 Naira for?