₦airaland Forum

manie: Investment lesson number 1, do not over pay for any investment. Be it real estate, stock or business.
There are houses selling for 60 million Naira in lagos, that can bearly generate a rental income of N2 million.


That 1 million dollars would have bought 3 million units of Nigerian Breweries in 2007. The investment would have given a dividend of over 30 million Naira over the last 4 years. And the 3 million units of Nigerian Breweries shares will be worth almost 500 million Naira on March 25th 2013.

Information is power. Please let us know how you would have acquired or purchased 3 million unit shares of Nigeria Breweries in 2007 as an individual investor when the average available trade-able quantities per day on the stock exchange was less than 300,000 units in several deals hotly sought after by so many stock brokers on a daily basis.

To purchase even 100,000 units of NB shares on the floor back then in 2007 was a feat. What do you think drove up the prices?

Young people should also endeavour to read and listen to balanced opinion, comments and advise on investments. They should be wary of people even professionals who only paint a rosy picture on different types of investment vehicles such as stocks, bonds, mutual funds, real estate, commodities trading, forex, etc.

The excessive passion (often misplaced and/or dubious) of some of these so called "professionals" have sent some investors to their early graves. Many examples abound both locally and internationally.

However there are several investment opportunities with their associated risks in Nigeria to invest your extra cash but do not put all your eggs in one basket.

AjanleKoko: Very good analysis, done for free
A classic case of high risk high returns presented here.
In my view, anyone who's earning a salary has no need of a high-risk investment. If you're earning a salary, and you have enough idle income to invest, why do you need an investment like Keke NAPEP? Your daily needs should be taken care of by your salary.

What you need is a secure investment that doesn't depreciate in value and doesn't require significant maintenance overhead. Your Keke NAPEP is likely to earn good returns, most of which will likely go into maintenance, repairs, settling touts and police, etc, as well as pilfering by your driver. Plus the equipment itself will depreciate very quickly in value.

The bonds or TBs are assets that you could even borrow against if you need to in the future. Try getting a loan from any financial institution with your Keke NAPEP as collateral

One of the major reasons some people do not like FGN Bonds, Treasury bills and other fixed investment is because of their low yield (low annual rate). Imagine a fixed income investment of 12% per year with an inflation rate in Nigeria hovering between 9 and 11%. So if your fund is generated and spent in Nigeria, you are technically making not more than 3% (net) per year on your investment.

But the case is different if the source of your funding is coming from overseas (where their inflation rate is not more than 2 or 3%). Hence the attractiveness of our fixed income market to outsiders (foreigners). While insiders (Nigerian investors) make about 2 or 3% (net), outsiders (foreign investors) make about 9% (net) from the same fixed income market in Nigeria. Inflation/cost of fund makes a whole difference.

Every individual investor must first identify/outline their goals and objectives of investment before embarking on the adventurous journey of investments.

[quote author=K_ONE]Is it advisable to invest #500,000 in this FGN bond/t bills? Or make i just buy keke napep(tri cycle) put for road make them dey deliver daily?? Pls, I need advice o![/quote]What are your investment goals? Without goals your investments become subjective rather than objective.

Keke NAPEP Vs FGN BONDS/Treasury BILLS.

1. Return on Investment. Keke NAPEP has a better return on investment.

2. Capital Gain/Loss. FGN BOND/TB wins this. Your Keke NAPEP would lose up to 40% in its first year of operation.

3. Liquidity. Both are quite liquid but the FGN BOND/TB is more liquid.

4. Cash Flow. With daily delivery (income), Keke NAPEP takes the cake.

5. Tenure of Investment. You could recoup your capital within 2 years with Keke NAPEP while your FGN BOND/TB will take longer years (even when you roll over the 90day/180day Treasury bills) cumulatively for years.

6. Security. The FGN Bond/TB is safer. Even with a good driver, your Keke NAPEP is subject to many hazards. However a good comprehensive insurance policy may mitigate against this.

7. Personal Supervision. Your FGN Bond/TB do not require your personal supervision. You may be frustrated (it may involve heated arguments with both driver and mechanic) with your Keke NAPEP investment if you don't get a good and hard(smart) working driver while your FGN Bond/TB is on auto-drive.

The choice is yours.

Congrats on your first real job. It is very important to have investment goals and objectives before deciding the types of investments to commit your funds to. Investing without your personal objectives (reason/purpose) is akin to playing football without a goal post. So what are your investment goals?

Investments in stocks, mutual funds, bonds, real estate, etc have their respective advantages and "disadvantages" in terms of :
1. Return on investment (especially after tax).
2. Capital gain/loss (appreciation/depreciation) - the impact of inflation should be considered.
3. Liquidity - how easily can you turn your investment (or part of it) to cash when necessary.
4. Cash Flow - is your investment a "cash cow".
5. Tenure - are you a short, middle or long term investor or a combination of all.

Investing is just like fishing (with its attendant risks) in the ocean, you decide on the type of fish (or sea animals) you intend to catch - whales, sharks, dolphins, sardines, mackerels, crabs, shrimps, lobsters, etc.

Do not put all your eggs (investments) in one basket no matter how juicy the investment may be.

[quote author=I no know book]Point of correction, the duties of a central bank governor does not start and end with banking supervision. They still have other monetary issues to take care of, they monitor the economy carefully to see when the need to intervene through monetary measures arises. For example, if they feel that there is a lot of money in circulation and which may likely result to inflation, they have a way of reducing that. Bernanke, for instance, has been able to spur US economy into growth by the fiscal and monetary measures he introduces at intervals.

For your information, Basel Accord is not a once size fit all measure. It is an understanding between nations on how international banking operation should be ran. It is now left for individual nations to tailor it to their specific environment and make modifications whenever necessary. It is very ridiculous for you to say that it contains rules and measures for banking supervision for every country that is a signatory. Each country has its own peculiarities, and a measure that works for instance, in the US, may not be good for Nigeria.[/quote]^^^^Yet another display of ignorance and arrogance. Did you miss the word "domesticated" in my previous comment.

AjanleKoko: Hmm, a very sane take on the topic. Though it's no secret that it is usually about the man and not the institution in Africa. We have simply not arrived at that level of organization. It's very normal in our societies for individuals to adopt a 'maverick' toga and hog the limelight, rather than focus on what results are required of the institutions they manage.

Sanusi, like 90% of African bureaucrats, is no exception. That's why you see extreme adulation on one side, and extreme vituperations on the other. He's tried to use his position to cast himself as some kind of political contender, which is ridiculous in my view. Similar to Ribadu assuming that his stint as EFCC chairman was sufficient to run for office as president. Sanusi definitely should leave the office in 2014.

They ride on the ignorance of a greater percentage of the population. Most times I really don't comment on national issues because of the display of so much mis-information.

The topic is rather misleading. His tenure will end in 2014 and he doesn't expect the President to re-appoint him after so much unnecessary invectives from him.

The CBN is quite institutionalised and you don't have to be a rocket scientist to be the governor. Sanusi displayed so much arrogance as if he was the one that created the policies he simply implemented. I guess Soludo did same.

The policies of most central banks around the world are policies according to the Basel Accords (Basel I, II and III). The policies implemented by former CBN governor Soludo and those implemented by Sanusi are policies created (recommendations) abroad in Basel Switzerland by the Basel committee on banking supervision.

As a CBN governor you simply domesticate these policies (Basel Accords). I was amazed he acted (perhaps he was ignorant then) as if it was Soludo that really created the consolidation policy and other policies when he was made the CBN governor.

Nigerians really need proper information and not junk journalism these days.

This is the fallout when employment is sold to those who can afford it even with fake credentials. The ogas at the top at NSCDC should better put their house in order. Websites of some reputable organizations are still being cloned not to talk of this ragtag civil defense. My advise for them:

1. Commission a reputable consulting firm such as Accenture to reorganise their entire operational and organisational structure.

2. All credentials of their entire workforce starting from their "oga at the top" to their "omose at the bottom" should be verified by an independent firm.

3. Send another staff to Channels TV and other TV stations to redeem their tattered image.

4. Further recruitment should be handled by a professional recruitment organisation until they establish a competent human resource department.

5. The federal government should withdraw the permission granted to some of their staff to bear arms. The Nigeria Police Force kicked against arming some of the NSCDC officials but to no avail.

Wow!!! I have just seen T-shirts of "My oga at the top". If this trend continues then some people would certainly become rich. I like the Nigerian entrepreneurial spirit.

Pukkah: @ OP, why are you bothering yourself over something that, whether or not you like it, will die a natural death.

Don't try to stop or counter this joke as it is still trending. Naturally, it'll get to its tipping point and fade off.

Forget the fact that most of the people poking fun at the man cannot string together or spell three correct sentences or would even do worse if put in the man's shoes.

For now, let them have their fun. Shebi Akpos don rest small. Patience nko?

By the way and on a lighter note, can't the man quickly rush to register the 'my oga at the top' brand before the smart fashionistas, actors/actresses, musicians, etc squeeze out all its business potentials?

Afterall, he is the undisputed initiator, originator and owner of 'myogaatthetop' brand. He should hurry before it's too late.

It is possible if he gets the copyrights from the Nigeria Copyright Council/Commission.

I am trying to look positively at the creative/business opportunities (especially amongst the youth) of this trending "my oga at the top" though it may fade sooner than expected.

1. My oga at the top radio and tv adverts for FMCG (fast moving consumer goods) targeting young people.

2. My oga at the top home video.

3. My oga at the top T-Shirts.

4. My oga at the top music (heard one this morning on radio).

5. My oga at the top car stickers, banners, etc.

6. My oga at the top website.

If Mr Obafaiye Shem (the Lagos State NCDSC commandant) that sparked off this trend could go to the Nigeria copyright council/commission and secure a right to the use of "my oga at the top" as an intellectual property, he could become a multi-millionaire. His ridicule could become a source of income for him. Imagine turning shame to fame and wealth!!!

This is a TKO against All progressive congress. I hope they have learn't their lesson. It is obvious there are some moles in their party leadership already. This could also be GEJ plan B against the PDP just in case he doesn't get the PDP ticket in 2015. Politics!!!! ever so intriguing.

mikerob116: Yes i know, i was just asking my other colleague(egift) if he has been able to
locate any of the ISSN office in Lagos. i have tried but all to no avail.

Thanks

Locate the National Library office in Lagos and ask for the ISSN office.

227 Herbert Macaulay Way
Yaba Lagos.

You could also go to their former Headquarters at Wesley Street (off broad street/campos street) Lagos Island not far from CMS bus stop (not too sure of my description). You should be able to get the ISSN office/liaison from either of these two locations. Cheers!!!

[quote author=Real-Mccoy]I am confident because I know much about China and their economy. What drives the strength of an economy, if not for middle class? Do you know the inflation rate in china? Do you know the cost of an iphone in china? US sold bonds to china to fund war and not to better her own economy. China is been played, that bond may worth nothing in the near future. if China can tackle inflation and meet to the demand of their population then they will exist in the next 40 years.[/quote]Really? Please tell me how much you know about China and their economy than the Chinese. It is the same "confidence" that drove the US economy into a recession.

[quote author=Real-Mccoy]AFRICOM has been established and most African countries signed an agreement with US on that to combat terrorism e.g Niger republic. China has been bullying their neighbors like vietnam, Philippines and few other countries over land ownership. China will fall without a gun shot heard. majority of goods produced in that country are for export and that's why its suffering major inflation. US knows how to fhuck around with their economy and thats why they wont go loggerhead against US. When Toys recall happened in china over exposure to lead chemicals, factories were closed down and thousands of people making 10 cents an hour lost their jobs. Propaganda is the way to go. Green house emission is now used to mess with their economy.[/quote]You sound so confident. However, remember that the Chinese are the biggest creditor of the US at over 1.5 or 2 trillion dollars!!! Also the economic focus of the Chinese during their recent NPC/CPCC meeting is to drive their economy by internal consumption (an obvious choice as a result of their population) rather than exports.

The US is also re-balancing it forces around the world and South East Asia seems to be the focus of its global attention because of the meteoric rise of China. Nigeria is also one of the 20 most monitored countries by the US and the boko haram crisis is simply playing into its hand. I sincerely hope that the 2015 prediction concerning Nigeria by the US won't come to pass because the oil in the Niger Delta will simply exchange for weapons instead of dollars.

He is also a CIA stooge like many other Nigerians I cannot name right now. A principal human asset to the US in Nigeria. The day he decides to go against the wishes of the US interests in Nigeria or whenever they decide he isn't longer valuable they will pull the plug off him. They did this to his fellow CIA stooge, MKO.

I don't think North Korea stands a chance against the US. This is not 1950/53. After pulling out of Iraq and the planned withdrawal from Afghanistan in 2014, the US is probably looking for a new frontier of war. The US defense industry is one of the biggest industry in the US and only major conflicts/wars keeps this industry thriving.

mikerob116: Hi, have you been able to get the ISSN?
I have tried the No given by PETERWINS
but it is switched off each time i tried.
though i sent a mail too, no response yet.
please update me if there is any good info.

Regards

You cannot get the ISSN without printing/publishing your maiden issues, which means that your first edition will be printed without the ISSN. However you have to secure a name reservation before you publish (I explained all these in my earlier post).

Step 1. Submit the title(s)/name(s) of your proposed magazine.

Step 2. If the title/name is approved; Go ahead and publish within the grace period to use the approved name. But if the name is not approved, submit a new list of names until a name is approved for use. It is similar to when trying to register a company or business name.

Step 3. Submit your application for an ISSN with three (3) copies of your maiden edition and other requirements as I earlier explained.

Step 4. An ISSN will be issued to you after your application is approved having fulfilled all the necessary requirements.

Kindly visit the headquarters of the National Library of Nigeria or its liaison (state) office closest to you. Remember my skepticism about the email or phone number I gave as their contact details.

You could also visit their website (google it) for further details.

mikerob116: thanks a million for taking your time to explain all these,you are mouthed.
please do you have any contact(phone no/email) of the library in Abuja.

This is the old information I have for further enquiries on the National Library : natbcdnlnig@yahoo.com Tel: 07081680346.

I don't know if the email (in my opinion a yahoo email doesn't seem appropriate for such a big government institution) is still valid. However give the email and phone number a try, perhaps you may be lucky to get good feedback. Cheers!!!.

The ISSN is an eight digit number that uniquely identifies serials globally.

Publishers requesting for ISSN must first verify their title with the ISSN centre before publishing in order to avoid duplication of title and possible litigation from the use of an existing title. Hence, secure a name reservation from the National Library of Nigeria before publishing.

After the name reservation have been secured (with a grace period to use the approved name), ensure that you publish and forward three (3) (if the publication is a private publication) copies of the maiden issues to the Nigeria ISSN centre Abuja.

The maiden issues are a pre-requisite to obtaining an ISSN.

A typed application on the letter head paper of the publishing firm (or your company) stating clearly:

1. the scope of the serial publication.

2. the frequency (daily,weekly,monthly,quarterly,etc) of your serial.

3. the photocopy of the certificate of registration (in the case of a private firm) obtained from the CAC.

4. the letter head paper should likewise bear the name and cite the actual location of your company.

5. ISSN(s) are free, however you would be requested to pay an administrative fee of five thousand naira (N5,000) per title. The sum is made payable to The National Library of Nigeria in bank draft or by cash at the issuing laison or Headquarter office.

All applications should be addressed to:
The Director,
National Bibliographic Control Dept.
National Library of Nigeria,
Plot 274 Sanusi Dantata House,
CBD,
Abuja.

I wish you the best in your magazine publication.

An ISSN is required for magazine publication.

I will try and post the requirements shortly.

pro01: How much is $16.1billion in Naira (at the rate of N158 to $1)? I'm too afraid to do the calculation.

N2.54 TRILLION!!!!!! About half of the current 2013 budget of the FGN or over 25% of the current market capitalisation of the Nigeria Stock Exchange.

@OP/Buuggz kindly disregard the option of abortion. Look at the brighter side of life and not the gloom and doom of being a miserable single mother. You can still fulfill your aspiration in life and get happily married to someone else who will love you and your child if the father of your baby walks away.

As long as you are not lazy and/or have a myopic view of life, you will be successful in the career or business you commit yourself to. I leave you with a famous quote from Mother Theresa (GOD bless her soul): “Life is an opportunity, benefit from it.
Life is beauty, admire it.
Life is a dream, realize it.
Life is a challenge, meet it.
Life is a duty, complete it.
Life is a game, play it.
Life is a promise, fulfill it.
Life is sorrow, overcome it.
Life is a song, sing it.
Life is a struggle, accept it.
Life is a tragedy, confront it.
Life is an adventure, dare it.
Life is luck, make it.
Life is too precious, do not destroy it.
Life is life, fight for it.”