₦airaland Forum

Beezed:
Thanks bro.. but I also noticed sumtin. its like they r requesting us to include d mail they sent us in the reply.

SEND YOUR RESULT BY EMAIL TO
scholarships.csredu@total.com <mailto: scholarships.csredu@total.com >
*AND INCLUDE THIS MAIL*

No ... it's your account details. They said that you should include it even if that's where they paid into last year, and it must be in your name.

Beezed:
Hey Man, pls r we to scan the transcript and send it, or do they mean we should just type it in d reply? Thnx

You wii scan it. And make sure it's stamped.

Lexmane:
Thanks guys. I have equally received the message.
I school in OAU and they haven't released our second semester results. So I just have to use that of first semester.
I have sent it anyways.
Thanks.

And how about the the rumour that they are gonna pay those in final year 300k ? Is it confirmed ?

Same here o ... second semester results are not online but we've seen them even that of 2016/2017 first semester.

The rumour should better be true o, e go gel gan if so

AceRoot:
Seated from left to right in the picture, geared up appropriately for his sporting code is, the Swimmer, Rugby Player, Football Player, The Sports Master himself, Cricketer, Boxer and Lawn Tennis Player.

I hope you get the gist.

Wow, brainy you!

Lexmane:
Hi guys, it's been a while. Plz who has heard from Total of recent? Any idea when they would be paying the old awardees ?

Check your email!
I received from them just this evening. They're requesting for my 2015/2016 academic result and account details for award renewal.

Hello everyone, is it possible for one to apply to study Bsc./Msc. Mathematics at the university having a background in commercial class subjects?
PS: Not only in Nigerian universities.

being:
You need to communicate clearer- what's d meaning of bond decision measurements? How can u measure a decision - is it a quantity? What d heck is marginal rate?
Deir is rate of returns, yield rate, coupon rate but not marginal rate!

I also thought as much o. My supervisor changed my topic to include bond investment decisions in Nigeria. I became confused, and that led me to looking for its proxy. I later used annual average dividend yields to represent it. Thanks for your assistance sir, I so much appreciate.

Somebody help please, it's urgent!
How can one measure bond investment decisions in one's model? I thought of using investment rate but it seems there's no data for such...

On the other hand, CBN publishes data on the Marginal Rate of FGN Bonds, but I don't know if it's that of the sales. Should I use that instead?

Nazareth10:
Ontarico pls can u contact me. 08175625834 or chinaza37@gmail.com

All right

Fairgodwin:
I sincerely think as well as believe everyone, I mean almost everyone knows all that.

I agree with you bro, nothing new so far!

The guy must be a whistle-blower!The scenario be like:

Whistle-blower: God don catch this woman finally, EFCC pheeeeeeeew!

Sen. Ibikunle: Ah shut-up jor, no be for here o. Kari your face waka comot for here jor!

shadrach77:

smh... you're a loser boy!

femi4:
You are wrong...Lords of Ajasa set the standard. Listen to "Otiya" by lord of Ajasa and you ll bow

I beg to differ! You listen to 'Virus' where both rapped and compare.

shadrach77:
Overrated...ya'll trying to turn him to 9ja's Tupac. His rapping was just there

You're pained because you will never make an impact in society. And you can bet it the late rapper would continue to be remembered as long as his lyrics still touch lives!

joinnow:
So you and your lecturer dey flex for Nairaland
U go and study ur book .

Na bad thing?

Dem dey tok sey we dey uninformed. Meanwhile no be NTA dem dey tune for us for hostel common-room. So d boy gats dey check nairaland once in a while for sensible news.

Bekwarra:
I don't want to call them unfortunate because that will be too harsh thus I used unlucky. But these states just happen to replace one terrible governor with a worse one especially since the start of this democratic dispensation in 1999. I don't know the cause; maybe it's predestination, a dearth of good leaders, the people making wrong decisions or a combination of these factors. The states I will group in this category are


1. Benue: From George Akume to Gabriel Suswan and now Samuel Ortom, the state seems to be richly "unblessed" with visionary and good leaders as governors. For a state that pridye itself as the food basket of the nation, it should be feeding a large swathe of Southern Nigeria and the middle belt with agricultural products while also taking over some food markets in West African countries. Unfortunately, agriculture in Benue is still largely subsistence. Where is the government support to empower farmers, where are the Hundreds of large farms that should be dotting the landscape? What happened to attracting huge investments in the area of processing some of these products into finished goods? Have you taken Benue orange before? Where are the juice making companies to harness these? Mechanized farming still remain a luxury to the people. What about having a state owned cargo airport to move out some farm products? Where are the good roads to move products from the villages to the towns for onward processing and transportation? I can go on and on. What is the poverty level in Benue? Security? Herdsmen? Level of development?


2. Kogi: Governance in Kogi state is nothing to write home about. Nothing is happening in that state as far as development is concerned. How many times have you seen Kogi in the news for any ground breaking developmental project? We get to see Lagos, Anambra, Rivers, Kano and even Osun. Kogi governors can't maximise the strategic location of the state bordering many states and located at the central part of the country. Like a Kogi-born friend once told me, the only thriving economy in Kogi state is politics. The state capital looks like a modern village, no good roads, no industries. Nothing is happening in that state. Can't think outside the box. Imagine having Abubakar Audi, Idris Wada and now Yahaya Bello as governors. Can a state be more "unblessed"?


3. Abia: This state is a sorry case. Despite being blessed with smart and hardworking people with great spirits of entrepreneurship, of is still so underdeveloped. There are no good roads and recognisable development that can be commensurate with the human resources the state is blessed with. Their governors are just their to loot. Just imagine if Aba is located in Lagos, it would have easily become West Africa's commercial and economic hub generating billions of Naira to the government.

Notable mentions- Kwara and Delta.

Do you agree or disagree? Share your opinions.

Wow! OP, your essay is exactly what one of my lecturers discussed with us in his last class. Or is this you Sir?

being:
Right deductions.
Bonds are traded OTC.
DMO issues them fresh.
Bond rates can be checked on fmdq daily quotations.

Thanks so much Sir. Pls, expect more fundamental questions as I progress in my project writing.

being:
Basics: A bond is a debt to an issuer or a debt investment to a buyer. They can have a tenor of as long as 50 years.
Coupon - semi annual interest payment. A coupon of 8% means you get a payment of 4% of the face value of d bond every 6 months.
face value: Amount you get back on maturity of investment.
The coupon is also based on this.
Premium: A bond of facevalue of #100 sold at109 was sold at a premium.
Discount: A bond of face value of #100 sold for below #100 was sold at a discount. Discount is opposite to premium.
Par: A bond of face value of #60 sold for #60 was sold at par.

There are FGN Bonds & Corporate bonds. FGN Bonds are issued by d federal govt. Corporate bonds are issued by companies. They can be denominated in naira or dollars(euro bonds)
Yield: Total expected inflows minus total outflow all over total outflow.
Now total outflow is cost of buying the Bond(either at premium or discount).
Total inflows = total coupons over tenor of bond + facevalue of bond( u know u get this facevalue back on maturity)

The higher the inflation rate, the higher the yield of a bond should be.
It doesn't make sense that my investment has a lower purchasing power after maturity than before start date.

Thank you Sir.

Thus, my deductions:

• Bonds are debt instruments, can be sold at par, discount or premium.

• Coupons are biannual interest payments.

• Yields are mathematically defined.

• Bond investment is positively correlated with inflation.

Questions:
• Where are FGN bonds traded? Is it over the counter (OTC) at the stock market according to theory, or at the debt management office (DMO)?

• How are the bond rates ascertained? Is it
the MPR that is used, as I read it somewhere or ruling body/authority?

Wow, I'm happy to have stumbled upon this thread. I've been seeking for better enlightenments into the workings of the FGN Bonds. My questions are as follows:

1. Where are they traded? Is it over the counter (OTC) at the stock market as in theory, or at the DMO as read here?

2. How is the coupon/bond rate determined? Is it the MPR that is used, as I read it somewhere?

3. How do bond rates induce or discourage investment?


Also, I need articles/journals on bond rates and inflation dynamics. Where can I source for them?

Where are the Mods? Pls, EPP me push this thing now, I need public views.
Cc. Fynestboi and Richiez

Greetings NLanders,
I am seeking for concise explanations or first
hand enlightenment on how Bond Rates/Coupons
are being operationalized Over The counter
(OTC) trade, particularly from investors in
government bonds. How do they induce as well
as discourage your investment in terms of their
expected yields?

I am in dire need of explanations as they would
go a long way in my project writing, thanks.

PS: I'm also sourcing for journals/articles on its
dynamics with inflation. I'll be glad if you can be
of help in this regard.

Greetings NLanders,
I am seeking for concise explanations or first hand enlightenment on how Bond Rates/Coupons are being operationalized Over The counter (OTC) trade, particularly from investors in government bonds. How do they induce as well as discourage your investment in terms of their expected yields?

I am in dire need of explanations as they would go a long way in my project writing, thanks.

PS: I'm also sourcing for journals/articles on its dynamics with inflation. I'll be glad if you can be of help in this regard.

realmindz:
CR77 Ezechinwa seguno2
stanleyalpacino
Adebowale89
cybriz82
theripper3
juliusocean


FOLLEY20

see someone that has sense talking...so befr commenting, read properly so u don't embarrass yourselves

Guess they didn't read the content, just the topic. Besides, there's no linkage between the topic and content.

OneSentence:
yes boss!!!

Wow, congrats too, na una go enjoy am pass!

OneSentence:
congrats Ortarico. enjoy!!! we bless God for it o!!!

Thanks ogami. Hope you've received yours?

Lexmane:
i never see o. Na uba i dey use

na wa o. make una jus chill, una go sti get am.

Lexmane:
Which bank?

access. U neva c alert?

How far guys, I don get alert o!!!! Happy mood activated.

The police should do a thorough investigation into the crime. Although, their leader might have said the truth, they should be prosecuted for money grubbing.

auwal83:
I was denied Total, you know. Yeah, I got this one.

I told you, congrats man! what's the worth?

auwal83:
Agbami have contacted winners of its scholarship

so how far, you got it shey?

warlei:
I haven't gotten yet. what bout u.... gotten it

yes, even before my post. you can access your letter through the link onesentence posted instead of waiting for them.