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Olujaidi's Posts

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InvestmentRe: Treasury Bills In Nigeria by olujaidi: 2:03am On Jul 10, 2020
mindtricks:
Please clarify, not clear.
You'll have to deduct 10% withholding tax to know your net return
InvestmentRe: Muslims Please Suggest Halal Based Stock by olujaidi: 11:23pm On Jul 08, 2020
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 9:59am On Jul 04, 2020
ojesymsym:
I believe we already have one Emma on this thread for this, we are so far very pleased with his services and support.
There's space for everyone
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 3:58pm On Jul 03, 2020
NL1960:
Chai. See as guys dey do per second monitoring of savings interest like say na TB upfront interest or bond interest payment dem dey monitor. cheesy grin
Abi na. When 91 day, 182 day and one year tenors of NTB will pay 1.78%, 1.91% and 3.39% respectively and your bank is obliged to pay you 3.75% (3.375% after WHT). Plus you can still withdraw up to 4x and enjoy the interest. It's a decent option.

Access bank is being dodgy with it sha.
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 6:42pm On Jul 02, 2020
damilola1978:
is it just me or is there another person who has not received interest payment from First Bank huh
Check via your banking app. Sometimes the transaction alert gets delayed even though said transaction has occurred.
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 5:14pm On Jul 02, 2020
ahiboilandgas:
Funny enough an investment of 100m in 2015 used to buy 10 trucks at 10m each generating 500k permonth has generated only 220m in 5 years ....if i now take out depreciation and sell all the trucks todays at 6m each it will be 50m ....so in five years i have 260m and grey hairs while my oga invested in 5000sqm land facing an express way within an urban area and sold for 280m without any stress .....i ended up creating jobs for tyre sellers ,vulcanizer,spare part dealers,drivers ,motor boys and operations staff....insurance firms ......while my mentor was busy attending board meetings in 5 star hotels me i was busy doing shouting match and galvanizing around depots
You invested in the real economy, created jobs directly and indirectly, paid taxes, still have enough to invest in other asset classes and teach the knowledge. You've done plenty for the system as I'm sure you're aware. People like you make Emefiele happy grin cheesy
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 2:15pm On Jul 02, 2020
CBN has specified that savings accounts can enjoy minimum interest sum amounting to 30% of MPR subject to a maximum of 4 withdrawals. Can a bank pay less than this legal minimum??

If yes, please educate me. Make e no be say dem don play me wayo
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 10:05am On Jul 02, 2020
NL1960:
Due to this lockdown and closure of schools, my kids schools started doing online schooling. The lesson notes are uploaded into the school portal which is accessible to both students and parents. I was always downloading them and going through. On a particular week lesson notes, i opened the Mathematics notes and saw the topic 'Mathematics of Finance'. Going through it, i saw compound interest as the topic to be taught. On getting home, i asked my son if he understood the topic and he said yes. I told him that he should ensure that he masters that topic very well as that topic is one of the secrets of becoming a millionaire or billionaire when he starts working. I also told him to go to google, search for the formula and put in some figures like 20k monthly at 5% for 20 years. He came back shocked at the amount. cool
Lol. It was simply called simple/compound interest in primary and secondary school. Maybe they should change the name to mathematics of making money to get people interested.
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 9:39am On Jul 02, 2020
emmanuelewumi:
Same here, TB gave a better return never thought of buying 20 years bond at 16% and diversify the returns.
Well, to be fair, long term investments can be a bit uncertain particularly because of the forex issues we have from time to time. Maybe that's the reason some folks held back. The first Sukuk was issued in 2017 at around 17% in the same year that the exchange rate hit 520. It was too close for investors to have forgotten so quickly
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 6:01pm On Jul 01, 2020
Latest NTB results

InvestmentRe: Treasury Bills In Nigeria by olujaidi:
I gather GT is rationing dollar withdrawals. Limiting it to $1.5k. can someone please confirm?
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 1:00pm On Jul 01, 2020
Dsticks47, please reach out.

I may/may not have something for you
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 10:54pm On Jun 29, 2020
unite4real:
Alert has just entered. Like I expected, it came in before sleep time
Your own go pass alert o. Na alarm grin grin
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 10:25pm On Jun 29, 2020
ozymes:
Okay. Good. Please tell more about your products
I don't work for them.
InvestmentRe: Treasury Bills In Nigeria by olujaidi:
ahiboilandgas:
really ....na for decemeber na ....
Sukuk 1 was issued in 2017. The Sukuk 2 was issued in December 2018. You're referring to Sukuk 3 issued a few weeks ago
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 11:54am On Jun 29, 2020
akinola98:
Hello House

Has anyone received FGN sukuk 2 interest paymenthuh
Thanks
From observation, it's paid on the last working day of each half year. So expect it tomorrow at the latest.
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 9:22am On Jun 29, 2020
ozymes:
What is the name of the Bank please?
TajBank. It was licensed last year.
InvestmentRe: Treasury Bills In Nigeria by olujaidi: 8:33pm On Jun 17, 2020
Ahiboilandgas opening people's yansh anyhow grin cheesy

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