emmanuelewumi:
United Capital Eurobond Fund was launched in 2017.

They have historical performance from 2018 to date, the fund under management is $72 million


The performance is not bad

chigo4u:

What more indication than banks pegging limits at $20 and rate at 550 for international spendings

Rizin:
Come to think of it, in 2015 Corolla was sold at 900k. In 2017 it was sold at 1.6-1.8m. currently it is sold at 2.4m. with the new policy on importation, it will go to 4m by next 3months.
Same with other vehicles.

God will help us in this country.

jedisco:
A fresh eurobond offering at 8.3%. I wonder how this rate compares to borrowing by other nations....

All said, if the historical 10% pa devaluation of the naira against the dollar continues, this should present a vetter opportunity than local FGN bonds....

There's usually a way for local investors to participate

Rizin:
Come to think of it, in 2015 Corolla was sold at 900k. In 2017 it was sold at 1.6-1.8m. currently it is sold at 2.4m. with the new policy on importation, it will go to 4m by next 3months.
Same with other vehicles.

God will help us in this country.

Olaide1295:

This bond was over subscribed by about 400%. $4 billion was on the order book. Nigeria needs to take advantage of the cheap international funds. Every reduction by 1% saves us tens of millions of USD.
BTW, local investors did $60M out of the total subscription in the last Eurobond.

Rizin:
Come to think of it, in 2015 Corolla was sold at 900k. In 2017 it was sold at 1.6-1.8m. currently it is sold at 2.4m. with the new policy on importation, it will go to 4m by next 3months.
Same with other vehicles.

God will help us in this country.

ibechris:
A Commercial paper.

davit:

Is Commercial Paper yield rate per annum or the period of the investment?

davit:

Is Commercial Paper yield rate per annum or the period of the investment?

ibechris:
A Commercial paper.

amakaDD:
Hello folks

OgogoroFreak:
Your lazy government will keep adjusting the economy to steal your sweat. The earlier you understand this, the better.

Tranquility2345:


Guy how are your bitcoins performing? What about the ashawo house? Update us please.

Tranquility2345:


Guy how are your bitcoins performing? What about the ashawo house? Update us please.

Tranquility2345:


Please what does the DD stand for? Abeg o I’m just asking for a friend o

Lazyyouth4u:
Good day all. Long time. Why this place just dry na? Where Oga Emma? What about the audio big boys and billionaires Ogogorofreak, Xiaoli, Ahiboilandgas? Abi dem dey audio billionaires convention??

Anyway just passing by. I don waka

Lazyyouth4u:
Good day all. Long time. Why this place just dry na? Where Oga Emma? What about the audio big boys and billionaires Ogogorofreak, Xiaoli, Ahiboilandgas? Abi dem dey audio billionaires convention??

Anyway just passing by. I don waka

yinkaoke:
@ Risin, please what is new policy on importation ?

JavaSQL:
It has been cheaper to use bank notes of Venezuela to wipe your ass than use tissue paper.

This is how much you need to buy just one role of tissue paper.

Naija comes to mind

JavaSQL:
It has been cheaper to use bank notes of Venezuela to wipe your ass than use tissue paper.

This is how much you need to buy just one role of tissue paper.

Naija comes to mind

Rizin:


The policy will likely increase the cost of importation by 300%. They want to make vin payment online. What this means is that once your new vin is type on the system, the new actual price you are to pay will pop up based on your vin.
Eg Corolla 2003 (poor men car) that cost around 450k before now to clear will now cost 1.3m

yinkaoke:
Thanks for the education, please any link on this as l find this unreasonable or are they trying to discourage us from using 2nd vehicle and by extension promote made in Nigeria cars?