essentialone:


The platform of Meristem is wack.

Just send in your order/mandate, they will attend to it.

I laugh. Will naira scarcity stop import needs.

Those that need naira notes dont need to sell their dollars. They already have Naira in their bank accounts. So they just need to get the paper. So they are buying naira with naira. There is no FX gain.

The problem with the FX crisis doesnt have to do with dollar demand, but rather low dollar supply especially in the official market.

Lets even say all hoarders sell their dollars, how much do you think it will amount to. And will the total sum sustain the demand. After all the hoarded dollars is used to import, what will sustain the dollars market. Nothing.

Untill subsidy is removed, FPI influx and export grows, forget the fate of the Naira.

RabbiDoracle:


See the part in bold.

In November 2022, we warned about scarcity of naira which will be the effect of the new naira notes implementation come January 2023 and that effect is currently playing out all over the country today.

People are busy trying to find new notes to use and pay for some basic necessities/essentials and this is taking their minds away from speculative purchases of dollar while gradually accepting the use of electronic means of transfers.

While this is going on, any financial crash abroad that would ordinarily have caused people to flood into speculative dollar purchases in the past will not happen in Nigeria now because the people are busy finding money for their basic necessities. We will see how this plays out.

The next phase, in my opinion, will hurt those who are hoarding dollars. And that has already been outlined in the post above.

[s]

talk2me2:
Actually what they recommend is 1.6 cent ÷ 10 = 0.16 United States of America cent per share. When converted into the Nigeria currency is the equivalent of about 66 kobo per share.

With the fall in the value of the Naira and the surging inflation rate, how do you preserve and grow your wealth?

You can diversify and invest with us through our forex fund management service in other to beat the high inflation rate, preserve/increase your purchasing power and at the same time build your wealth in an inflationary economy. We are targeting an average monthly return of 5-20%+ for investors and you will be investing under a government-licensed and regulated forex brokerage firm. Visit the links below.

https://www.nairaland.com/7349176/worlds-most-consistently-profitable-forex

The link below shows you how compound interest can multiply your wealth.

https://www.nairaland.com/7349176/worlds-most-consistently-profitable-forex#116958088

16% is very tempting for FGN 2049 bond auction slated for next week .


Hopefully we might get back to the days of about 18% yield

emmanuelewumi:
16% is very tempting for FGN 2049 bond auction slated for next week .


Hopefully we might get back to the days of about 18% yield

please what is the minimum amount that be invested in fgn bond

Mfunkynation:

please what is the minimum amount that be invested in fgn bond

It is N50 million if you want to bid yourself, I buy through my bank and I allow to to bid for me. As a matter of fact I opened a Stanbic IBTC Bank account because of bond investments.


With N1 million they can bid for you in the monthly primary market offering, with about 200k they can bid for the in the secondary market which happens every business day

emmanuelewumi:
16% is very tempting for FGN 2049 bond auction slated for next week .


Hopefully we might get back to the days of about 18% yield

Can you kindly give a detailed explanation how one can subscribe to this. I'm really interested as one is tired of NTB rate.

emmanuelewumi:
16% is very tempting for FGN 2049 bond auction slated for next week .


Hopefully we might get back to the days of about 18% yield

Hello Pa Emma, I hope you are well. I wanted to ask if someone invest in this bond, can that person sell off anytime they wish rather than stay in it till 2049.

Thankyou

Owoblowblow:


Hello Pa Emma, I hope you are well. I wanted to ask if someone invest in this bond, can that person sell off anytime they wish rather than stay in it till 2049.

Thankyou

That is the essence of the bond secondary market on FMDQ which is more active than NGX

Owoblowblow:


Hello Pa Emma, I hope you are well. I wanted to ask if someone invest in this bond, can that person sell off anytime they wish rather than stay in it till 2049.

Thankyou

Talk to your stock broker or your bank manager.

If they are not forthcoming, open a Stanbic IBTC account and I will guide you on the produre

emmanuelewumi:



Talk to your stock broker or your bank manager.

If they are not forthcoming, open a Stanbic IBTC account and I will guide you on the produre

Many thanks.
Could I ask one or two mores questions. I wondered if this rate fluctuate like stock prices. Can I also reinvest automatically my yearly cash out from this investment.

Thank you for your time and enjoy the rest of the day.

Pa Emma
Good morning
Please which type of account: Stannic IBTC
For primary bond purchases

Owoblowblow:


Many thanks.
Could I ask one or two mores questions. I wondered if this rate fluctuate like stock prices. Can I also reinvest automatically my yearly cash out from this investment.

Thank you for your time and enjoy the rest of the day.

The yield in the secondary market fluctuates based on a inflation, interest rates and the economy, but once you have bought your yield is constant.

Eg, if you bought the 2049 FGN bond at a yield of 16% based on the price of the bond, you will enjoy the yield till 2049 or whenever you want to sell

Pa Emma
Good morning
What is your view on Eko Gold coins

eziokwunwoko:
Pa Emma
Good morning
Please which type of account: Stannic IBTC
For primary bond purchases

Bank account

uote author=Owoblowblow post=120813781]

Many thanks.
Could I ask one or two mores questions. I wondered if this rate fluctuate like stock prices. Can I also reinvest automatically my yearly cash out from this investment.

Thank you for your time and enjoy the rest of the day.
[/quote]


You can't reinvest automatically, that is the reinvestment risk. That why some people get loans to buy when the yields are juicy and key into the yields.


I got yield of about 13% this time last year, now the yield is about 16%.


The yield in February 2024 might be lower or higher depending on the market and national economic dynamics

Saving or Current?
quote author=emmanuelewumi post=120813945]


Bank account [/quote]

eziokwunwoko:
Saving or Current?
quote author=emmanuelewumi post=120813945]


Bank account

Bank account.


Trust me if their was a need to specify I would have done that

RabbiDoracle:
Every technical indicator used in TA has a way it is
Give it a try, it is worth it if you have the time.

Nice one Rabbi. But let me just add, forget indicators study PRICE ACTION only.

essentialone:


The platform of Meristem is wack.

Including StanbicIBTC stockbrokers. I had to move funds back to Morgan Capital

TopFxManager:
With the fall in the value of the Naira and the
[b]The link below shows you how compound interest can multiply your wealth.

https://www.nairaland.com/7349176/worlds-most-consistently-profitable-forex#116958088

Forex market don show this one shege and now looking for people to scam. Sorry sir you are in a wrong place.

Coolcash1:


Forex market don show this one shege and now looking for people to scam. Sorry sir you are in a wrong place.

How do you know?

emmanuelewumi:
16% is very tempting for FGN 2049 bond auction slated for next week .


Hopefully we might get back to the days of about 18% yield

If i key in #4m into the FGN APRIL 2037 BOND
How much interest will I get per annum and at what interval are the interest paid?

TopFxManager:
How do you know?

You will not be desperate looking for people to scam.

Coolcash1:


You will not be desperate looking for people to scam.

How do you know that we are desperately looking for people to scam?

How do you know that we are scammers? Do you have the proof?

megamart247:


If i key in #4m into the FGN APRIL 2037 BOND
How much interest will I get per annum and at what interval are the interest paid?

Based on the current price of the bond, you will be paid coupon of about 320k in April and October till 2037

TopFxManager:
How you you know we are desperately looking for people to scam?

How do you know that we are scammers? Do you have the proof?

You are spamming everywhere with you forex posts and it is very annoying.

emmanuelewumi:



You are spamming everywhere with you forex posts and it is very annoying.

With due respect, we only make posts like that, once a while.

TopFxManager:
How do you know?

We know via your twin brother MBA forex. Have you been able to locate him for all the people they scammed. You need to introduce another format. This one done cast long time. Na OKE ite they on board now

OKE ite : money ritual pot,since you are looking for quick money via scamming

Streetinvestor2:
We know via your twin brother MBA forex. Have you been able to locate him for all the people they scammed. You need to introduce another format. This one done cast long time. Na OKE ite they on board now

OKE ite : money ritual pot,since you are looking for quick money via scamming

You see, when we tell members of this forum to make use of google, they think that we are fools. If the internet was not there, we would have blamed the whites for our level of ignorance, we would have accused them of allowing their children alone to go to school, while we remain slaves to them.

The internet has been here to level the field of education among all classes of people, no matter how rich or poor you are, as far as education is concerned, you are only limited by data and internet speed, in getting the information/knowledge that you seek.

Do you know that when nearly everyone was pouring their money into MBA Forex, we were the first in this forum to expose it as a scam/Ponzi scheme meant to finally defraud investors after meeting their target? Do you know how many threats we receive from gullible investors in this forum who thought that we are against their Messiah, some gullible investors were dreaming and even touting the owner of MBA Forex as their presidential candidate come 2023. We expose MBA Forex when they were paying consistently, so you should understand the magnitude of the attack since MBA Forex as at that time was yet to default in its payouts to investors. We don’t need to talk much. Go through the link below to know things for yourself. And for your information try to educate yourself in an area that you don’t know anything about in other not to disgrace yourself in a public forum like this again, by seeing everything as a scam.

https://www.nairaland.com/5486596/ponzi-scam-fraud-schemes-fronting

TopFxManager:
You see, when we tell members of this forum to make use of google, they think that we are fools. If the internet was not there, we would have blamed the whites for our level of ignorance, we would have accused them of allowing their children alone to go to school, while we remain slaves to them

https://www.nairaland.com/5486596/ponzi-scam-fraud-schemes-fronting

This is NSEMPA...
and strictly for Nigerian Stocks...
You should take your adverts to the Forex section!