AlhajiBitcoin:


What is the name of the insurance company?

If I give them N8.5, will they pay N250k monthly?

AIICO, Talk to them on terms and condition

emmanuelewumi:
The new FGN bond should pay up to 14%

The new issue may attract up to 14% but who get mind to commit funds till 2042, I'm not talking about investment companies. Ten years is okay for me as an individual but that 19 years dey do me somehow

Foodempire:


The new issue may attract up to 14% but who get mind to commit funds till 2042, I'm not talking about investment companies. Ten years is okay for me as an individual but that 19 years dey do me somehow

There is a vibrant secondary market for bond Investments, very few people hold till maturity except for pension fund managers, mutual fund managers and insurance companies

jabolo:


I presume you are applying for credit.

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Interesting. Good such services are finally out there.

Having an independent and robust credit rating system is the bedrock for getting stashed up credit in banks into the real economy at reasonable rates

Does this classification reflects the current class of people in Nigeria.

ibechris:
Does this classification reflects the current class of people in Nigeria.

Inflation and devaluation has made this table outdated. I don't think you can be comfortable with 25M nor even rich.

Assuming I have 25M as capital to pursue any biz of my choice.

- To return half of dat annually, I would be working tirelessly meaning no comfort at d end of d day.

- To return 20 to 30% same as above, maybe a little less work, but still no comfort.

- To return 13% passively, it will amount to 270k per month. U won't be living comfortably on that either.

My pessimistic views...

ositadima1:


Inflation and devaluation has made this table outdated. I don't think you can be comfortable with 25M nor even rich.

Assuming I have 25M as capital to pursue any biz of my choice.

- To return half of dat annually, I would be working tirelessly meaning no comfort at d end of d day.

- To return 20 to 30% same as above, maybe a little less work, but still no comfort.

- To return 13% passively, it will amount to 270k per month. U won't be living comfortably on that either.

My pessimistic views...

U may be right but in my own case,I return more than 1million in some months. Like last year,I made 13.8 million using 22million capital.
But if u chose paper investment,at 13% per annum,270k would be returns per month.

In conclusion,the above still remains my reality until further change in the attitude of the people I do business with.

ibechris:



U may be right but in my own case,I return more than 1million in some months. Like last year,I made 13.8 million using 22million capital.
But if u chose paper investment,at 13% per annum,270k would be returns per month.

In conclusion,the above still remains my reality until further change in the attitude of the people I do business with.

You did well, at 62% of capital, u outperformed most companies listed on d NSE. But, I am almost sure you worked ur ass off. It wasn't easy, u had to put in a lot of ur time in some activities you did rather not.

ositadima1:


You did well, at 62% of capital, u outperformed most companies listed on d NSE. But, I am almost sure you worked ur ass off. It wasn't easy, u had to put in a lot of ur time in some activities you did rather not.

My brother u are absolutely right. But it was not easy at all.

ositadima1:


Inflation and devaluation has made this table outdated. I don't think you can be comfortable with 25M nor even rich.

Assuming I have 25M as capital to pursue any biz of my choice.

- To return half of dat annually, I would be working tirelessly meaning no comfort at d end of d day.

- To return 20 to 30% same as above, maybe a little less work, but still no comfort.

- To return 13% passively, it will amount to 270k per month. U won't be living comfortably on that either.

My pessimistic views...

The 270k in the bold depends on where you are living.

emmanuelewumi:
The new FGN bond should pay up to 14%

Better days are coming, by mid year we can buy from secondary market if the trend continues

aieromon:


Do you mean this?

https://sec.gov.ng/non-mandated/

Thank you, this is for unclaimed divided l need the one that that spill out your name should you not remember where you invested.
Thanks so much

Gud afternoon hux .... Plz any update on sukuk4 allotment ? Still waiting to hear from DMO

.

ositadima1:
I realised that it is not what you do that gets response from the other person or persons but how you do it. You can practically do anything as long as you find the way to do it.

Why am I saying this? Let's assume CBN and the people in power had magical powers, in the sense that they can take your money away, a fraction of it at least, so far it is Naira denominated.

If the CBN were to take 40% of your money, the one in d bank, d one in your wallet even the salary u will be paid going forward, people would go crazy, riots will take over the streets, in short wahala go dey.

But, that is just what happened in 2021, Naira was devalued and there was no reaction from the people. If you are in doubt deducting 40% from everyone present and future is exactly the same as devaluing by 40%. At least to the average man on the streets.

So, u can do about anything, so far you have a stylish way to do it.

What then is the solution for the common man and the average investor like me and the people on this thread?

It seems oil and gas exploration companies earn in dollars.
Am I wrong?

yinkaoke:

Thank you, this is for unclaimed divided l need the one that that spill out your name should you not remember where you invested.
Thanks so much

Do something like this exist?

.

.

jedisco:


Interesting. Good such services are finally out there.

Having an independent and robust credit rating system is the bedrock for getting stashed up credit in banks into the real economy at reasonable rates

It has always been there when you need loan and you don't have a good job in reputable companies or good collateral.

They share information with utility companies, estate management firms, your children's school etc.

Hi guys, please what do you think about these rates offered by my bank? If available, please kindly recommend a better alternative

If the rates/yields are attractive to you then proceed. If they are not attractive to you, then communicate what is attractive to you since you already bank with them.

YESSConsulting:
Hi guys, please what do you think about these rates offered by my bank? If available, please kindly recommend a better alternative

The next coupon for 2034 is due today 18 Jan which I expect by COB and the 2026 is due on Saturday 22 Jan which I expect on Monday 24 Jan COB.

Thanks, but you did not seem to touch on my question and request.

skydiver01:
If the rates/yields are attractive to you then proceed. If they are not attractive to you, then communicate what is attractive to you since you already bank with them.

YESSConsulting:
Thanks, but you did not seem to touch on my question and request.

Name of bank, the rates are not attractive.

2050 should give a yield of over 13%.

Ecobank

emmanuelewumi:



Name of bank, the rates are not attractive.

2050 should give a yield of over 13%.

YESSConsulting:

Ecobank

Stanbic will give you a better yield

Thanks a lot for the tip.

emmanuelewumi:



Stanbic will give you a better yield

Hello house, has anyone here invested in euro bond offering by UCAP, heard they can help source for dollars for the investment, you only need to send in naira, I want to believe the dollars will be sourced at premium rate.

Another one bites the dust.
https://www.nairaland.com/6945604/segun-fayomi-plethora-farms-accused.

These 2 guys couldn't have put it any better.

SincereBigot:
i dont understand why some Nigerians feel someone will be working for them and giving them return on investment

why cant he plant the corn for himself and make all the profit? ok so you will be at your house sleeping and you expect a nigerian to be trading forex for you or planting corn for you or rearing goats for you just to give you return on investments? as per say na ur papa abi

una go soon learn

.

Guyman02:
People continue to fall for this easy scam.
What they do is to acquire a single farm land, plant rice or corn or fish and poultry worth for example N10m, they show their mumu subscribers this one farm and tell them that they have something similar in Kafanchan, Kebbi, Shiroro etc with beautiful pictures in their website and brochures.
They will use this single farm valued at N10M to get N500M from 'investors' who will be paid huge interest by Ponzi scheme from the monies of the new entrants until the bubble will burst when the Ponzi reaches its peak.
The farm will quickly be sold to a buyer with all the documents and everyone disappears only to return with a new name in another location but if the money fleeced is huge they relocate to abroad with their families