emmanuelewumi:



That was a private placement, not registered with SEC. Wait till whenever they are ready to list IGI shares, that might take forever

Interesting. So they just collected our money then... and there’s nothing i can do about it? Na 100k i drop oo

tumababa:


Interesting. So they just collected our money then... and there’s nothing i can do about it? Na 100k i drop oo

Better luck next time, always ask relevant questions before you commit funds. The promoter of the business is dead, I don't know the plans for the sustainability of the business

tumababa:


Interesting. So they just collected our money then... and there’s nothing i can do about it? Na 100k i drop oo

Tumababa , OG

I greet you

freeman67:
What is the next TB rate likely to be please. This my Stanbic IBTC MMF no dey gimme joy at all.....

Below is what I got from Union Bank this morning. I dont know how best this is compare to others. If anyone has a better rate let them notify us and do state the bank. Thanks.

ibechris:



Below is what I got from Union Bank this morning. I dont know how best this is compare to others. If anyone has a better rate let them notify us and do state the bank. Thanks.

346 days @ 8.2%
GTB

hustla:


Tumababa , OG

I greet you

Chief well done

ibechris:



Below is what I got from Union Bank this morning. I dont know how best this is compare to others. If anyone has a better rate let them notify us and do state the bank. Thanks.

sterling Bank is offering 8% on their I-invest app

Some banks would actually allow you to quote your rate even where your fund is not up to 50m. An example of such Bank is fidelity. However, other banks would tell you to go with the bank rates

ibechris:



Below is what I got from Union Bank this morning. I dont know how best this is compare to others. If anyone has a better rate let them notify us and do state the bank. Thanks.

What did I just read!!!
It is well ooo

emmanuelewumi:



United Capital money market is almost 5%, should get to 8% by June 2021

This is better by far. I don't just understand Stanbic IBTC at all again. What I am seeing with them is about 1%.

freeman67:


This is better by far. I don't just understand Stanbic IBTC at all again. What I am seeing with them is about 1%.

I think Stanbic is about 2.7%-2.8%. They used to have one of the best rates in the past o.

Mehn!.........this is a welcome development, we are closely watching from our caves. Can't wait for it to hit double figure.

Viqtour:


346 days @ 8.2%
GTB

ZEAK:
Mehn!.........this is a welcome development, we are closely watching from our caves. Can't wait for it to hit double figure.

Pray and fast hard

tumababa:


Good day boss. Pls i bought some shares of IGI insurance in 2007 and i just saw the certificate where i dumped it and i av never heard anything from them since then. Pls whats d first step i need to do to regularize the shares. ( if they still exist ).

My elder brothers own is 2million, such a shame....since 2007.

[quote author

I love your analysis.
The summary of what you've written could be found in 1 Timothy 1:8-9

cucumbar:
I think Stanbic is about 2.7%-2.8%. They used to have one of the best rates in the past o.

Yea, their rates was about the coolest then but now, they are just brandishing figures. I am not sure if it is upto that quoted price in reality... Plus one crooked way of calculating the inttes they developed...

For now, secondary Market is not attractive.
Patiently waiting for 364 days to hit double digits too.

Tochex101:

My elder brothers own is 2million, such a shame....since 2007.

And there’s nothing we can do? Is that not a scam?

cucumbar:
I think Stanbic is about 2.7%-2.8%. They used to have one of the best rates in the past o.

Fbn quest is about 2.3%-2.5%. Stanbic and fbn used to be amongst the best but their rates has been extremely poor. Grateful that TB is already coming up

Chikebrain:

Fbn quest is about 2.3%-2.5%. Stanbic and fbn used to be amongst the best but their rates has been extremely poor. Grateful that TB is already coming up

Depends on what they have in their portfolio, Abacus Money Market Fund is 2.98% on Friday 16th April 2021


Rate will soon go up with most of the Money Market Funds as they buy 364 days Treasury Bills Investments that should get to 10% by the next auction

emmanuelewumi:



Depends on what they have in their portfolio, Abacus Money Market Fund is 2.98% on Friday 16th April 2021


Rate will soon go up with most of the Money Market Funds as they buy 364 days Treasury Bills Investments that should get to 10% by the next auction

But with food inflation @ 23%, and core inflation @ 17 -18%, TBs would not look attractive for a long time to come

afroxyz:


But with food inflation @ 23%, and core inflation @ 17 -18%, TBs would not look attractive for a long time to come

Not an investment, but where you keep your cash for emergency, liquidity and targeted savings

Investment One VGIF is still 4.5%, I think it is still one of the best at the moment. Please contact emmasoft if you want to subscribe.

It is not too smart to tie down your money in 365days t-bills at the moment, because better options with good rates like new bonds or Sukkuk bond will show up before year end or early next year.

Your money in Treasury Bills is either resting or working depending on the returns

Donbrig:
Investment One VGIF is still 4.5%, I think it is still one of the best at the moment. Please contact emmasoft if you want to subscribe.

It is not too smart to tie down your money in 365days t-bills at the moment, because better options with good rates like new bonds or Sukkuk bond will show up before year end or early next year.

It won't be reviewed until end of June 2021.

I think United Capital Money Market Fund can get to 8% by end of June. It was 4% yesterday

You are right Sir, I think Investment One should be reviewing rates more often rather than waiting every 6 months before review, though it has advantage and disadvantage, because if rates are low, you could still be earning high rates from old fixed rates on VGIF before it gets reviewed downwards after 6months.

However, no matter how smart you position your funds, you can't always have advantage in the market. I hope things really gets better in weeks/months to come. We are waiting patiently like our politicians are waiting for 2023 elections.

emmanuelewumi:



It won't be reviewed until end of June 2021.

I think United Capital Money Market Fund can get to 8% by end of June. It was 4% yesterday

If you are told to remove one, which one will you remove?


I will remove number 2

emmanuelewumi:
If you are told to remove one, which one will you remove?


I will remove number 2

Obvious choice of any sane human.

You have money, you have good health and free enough to spend the money as you desire and flaunt the healthy status. Wtf is social status?! It would only even drag you down or hinder you from enjoying the freedom to the fullest.

Macktaob:

Obvious choice of any sane human.

Are you sure? Social wealth is also powerful oooo, especially in our materialistic environment where we want respect and approval from the populace

emmanuelewumi:



Are you sure? Social wealth is also powerful oooo, especially in our materialistic environment where we want respect and approval from the populace

That respect and approval are only meant to compensate happiness(rub one's ego, some will term it). So, with enough money and good health, one should have enough happiness beyond his comprehension hence making social status less desirable at the expense of any of the other 3 options.

Macktaob:

Obvious choice of any sane human.

You have money, you have good health and free enough to spend the money as you desire and flaunt the healthy status. Wtf is social status?! It would only even drag you down or hinder you from enjoying the freedom to the fullest.

On the bold, it is 'do you know who iam?'.