₦airaland Forum

Ding!

welzyj2:
If you don't earn interest no WHT.

You earned interest but back charges will be more than the interest because of excess withdrawal

SonofElElyonRet:
Who really owns the gold refining company in Lagos that FG announced?

zendi:
FG

You wan dash am to your Japaul ?

https://gazettengr.com/tinubu-govt-sets-up-nigerias-gold-refining-plant-in-lagos/

The FG has denied ownership.

In a Vanguard story I just read, the FG has clarified that the Lagos Gold Refinery and others spring up around the country are privately owned.

zendi:
The FG has denied ownership.

In a Vanguard story I just read, the FG has clarified that the Lagos Gold Refinery and others spring up around the country are privately owned.

Great. Now we need to find out the owners...

zendi:
The FG has denied ownership.

In a Vanguard story I just read, the FG has clarified that the Lagos Gold Refinery and others spring up around the country are privately owned.

This is how propaganda could backfire.
If the refinery is owned by a private company, the FG should have said so very clearly, instead of trying to play politics and take undue credit for it which has now caused this needless controversy.

I wish they abolish tax on interest earned on savings account. Most of the low earners that are exempt from paying income tax get paid through savings account. The interest rates are so small compared to inflation, and they still lose a lot of their income through other taxes and bank charges.

emmanuelewumi:
You earned interest but back charges will be more than the interest because of excess withdrawal

emmanuelewumi:
You earned interest but back charges will be more than the interest because of excess withdrawal

Are you saying this from experience or just what you think? If the former, you might need to get your bank to clarify what they charged you for as it's definetely not WHT in that context. if the latter, you're not accurate.

Regulation is that 30% of MPR is paid as interest on savings accounts. That's currently 8.1%, if you're disqualified due to exceeding the debit counts, you do not qualify for said interest, so you do not earn it and thus cannot be taxed on it.

You make it sound like you earned X as interest, but the the bank then charges you X + A as fees for breaching their debit count, that's not the case. Being under the debit count per month is a prerequisite for earning the interest, by breaching the count, you become ineligible for the interest, not that you get charged any fees hat outweighs the interest.

Top 10 stocks that made money last week.

https://youtube.com/shorts/NTvRgtVZe7U?feature=share

awesomeJ:
Are you saying this from experience or just what you think? If the former, you might need to get your bank to clarify what they charged you for as it's definetely not WHT in that context. if the latter, you're not accurate.

Regulation is that 30% of MPR is paid as interest on savings accounts. That's currently 8.1%, if you're disqualified due to exceeding the debit counts, you do not qualify for said interest, so you do not earn it and thus cannot be taxed on it.

You make it sound like you earned X as interest, but the the bank then charges you X + A as fees for breaching their debit count, that's not the case. Being under the debit count per month is a prerequisite for earning the interest, by breaching the count, you become ineligible for the interest, not that you get charged any fees hat outweighs the interest.

Two people discussing you people must introduce X. All the X Una don dey find since secondary school, Una never see am

Nigeria, UAE Ports Group Sign Landmark MoU On Maritime Development https://share.google/pemiu4pbWluXpd7Ls

Agbalowomeri:
Two people discussing you people must introduce X. All the X Una don dey find since secondary school, Una never see am

What are they seeing in this company, Caverton? It is on record that the summit will attract 10 billion dollars into our maritime sector.
https://www.google.com/amp/s/www.vanguardngr.com/2026/01/niger-delta-blue-economy-summit-partners-caverton-marine-on-sustainable-marine-transport/amp/

zendi:
The FG has denied ownership.

In a Vanguard story I just read, the FG has clarified that the Lagos Gold Refinery and others spring up around the country are privately owned.

Kian Smith Refinery is a Nigerian company that built and operates the country's first gold refinery, licensed in 2018, focusing on local value addition, empowering artisanal miners, and positioning Nigeria as a West African gold hub by refining gold to 99.99% purity and promoting responsible sourcing. Led by Nere Emiko, the company aims to integrate the gold value chain within Africa, creating jobs and economic growth, producing refined gold, medallions, and strengthening the regional solid minerals sector.
Key aspects of Kian Smith Refinery:
Pioneering Role: Awarded Nigeria's first gold refinery license, establishing local refining capacity.
Value Addition: Moves beyond exporting raw gold to adding value locally, boosting the economy.
Sustainability: Champions responsible mining, community empowerment (like the Zokia System Platform), and sustainable practices.
Products: Produces high-purity gold (99.99%) and cultural medallions.
Vision: Aims to make Nigeria a central hub for gold refining and trading in West Africa.
Leadership: Founded by Nere Emiko, who drives the company's mission.
Impact and goals:
Strengthening Nigeria's gold ecosystem with partners like the Central Bank of Nigeria (CBN).
Empowering over 1,200 artisanal miners.
Driving job creation and investment in the solid minerals sector.

Ding dong ding dong!!!

There is still chance to buy Zenith bank and ETI oh!!!!!

The bus has started to move but if you hurry you can still chop a nice 50% on Zenith and up to 100% on ETI.

If you like follow dey listen to baseless fears

P.S I am not here to make you money. I am here to push my market. If you make money that is purely coincidental

nosa2:
Ding dong ding dong!!!

There is still chance to buy Zenith bank and ETI oh!!!!!

The bus has started to move but if you hurry you can still chop a nice 50% on Zenith and up to 100% on ETI.

If you like follow dey listen to baseless fears

P.S I am not here to make you money. I am here to push my market. If you make money that is purely coincidental

Your monkey hunting trainer should refund you

Any thoughts on the MCO Penny ltd savings? It promises 26% interest per annum with upfront interest payment. How safe is it? Anyone invested before?

Agbalowomeri:

Your monkey hunting trainer should refund you

Hehe!!

This game is so easy it should be illegal. I really feel sorry for people that keep buying/selling without doing valuations.

Anyway..... Posted about Ecobank on my blog

https://ngxforum.com/thread/4/ecobank-transnational-incorporated-eti?page=4&scrollTo=487

Could this individual be related to the Emiko Dynasty of Warri Kingdom?

SonofElElyonRet:
Kian Smith Refinery is a Nigerian company that built and operates the country's first gold refinery, licensed in 2018, focusing on local value addition, empowering artisanal miners, and positioning Nigeria as a West African gold hub by refining gold to 99.99% purity and promoting responsible sourcing. Led by Nere Emiko, the company aims to integrate the gold value chain within Africa, creating jobs and economic growth, producing refined gold, medallions, and strengthening the regional solid minerals sector.
Key aspects of Kian Smith Refinery:
Pioneering Role: Awarded Nigeria's first gold refinery license, establishing local refining capacity.
Value Addition: Moves beyond exporting raw gold to adding value locally, boosting the economy.
Sustainability: Champions responsible mining, community empowerment (like the Zokia System Platform), and sustainable practices.
Products: Produces high-purity gold (99.99%) and cultural medallions.
Vision: Aims to make Nigeria a central hub for gold refining and trading in West Africa.
Leadership: Founded by Nere Emiko, who drives the company's mission.
Impact and goals:
Strengthening Nigeria's gold ecosystem with partners like the Central Bank of Nigeria (CBN).
Empowering over 1,200 artisanal miners.
Driving job creation and investment in the solid minerals sector.

nicestlady:
Any thoughts on the MCO Penny ltd savings? It promises 26% interest per annum with upfront interest payment. How safe is it? Anyone invested before?

If they are going to pay you 26% how much will they now lend to people?

So, their website claims they are licensed by FCCPC. FCCPC website claims that their mandate is to

The mandate of Nigeria's Federal Competition and Consumer Protection Commission (FCCPC) is to develop and promote fair, efficient, and competitive markets, ensuring access to safe products and protecting consumer rights from abuse, exploitation, and unfair business practices across all sectors of the economy.



Please how do these two relate?

If you are looking for what to invest in go and buy Zenith bank and/or Ecobank (ETI) shares

nicestlady:
Any thoughts on the MCO Penny ltd savings? It promises 26% interest per annum with upfront interest payment. How safe is it? Anyone invested before?

To avoid stories that touch tomorrow please flee with your funds look for a registered and regulated mutual funds manager to invested your funds in

nicestlady:
Any thoughts on the MCO Penny ltd savings? It promises 26% interest per annum with upfront interest payment. How safe is it? Anyone invested before?

Spiritual monkey hunting.

https://www.youtube.com/watch?v=p9USNbU3atE

Midday trading update on the NGX

nicestlady:
Any thoughts on the MCO Penny ltd savings? It promises 26% interest per annum with upfront interest payment. How safe is it? Anyone invested before?

You better run🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️🏃‍♀️

nicestlady:
Any thoughts on the MCO Penny ltd savings? It promises 26% interest per annum with upfront interest payment. How safe is it? Anyone invested before?

If possible, avoid all these schemes and go for credible and well structured schemes e.g. T. Bills, FG Bonds, CP that would give you peace of mind, even if the interest rates are not the highest

Watch out!
A key pointer that should warrant your suspicion is when they offer you mouth-watering interest rates e.g. 26%; at a time when FG's TB rates is about 17.5%. and CPs are about 18%-20%

Please walk away in peace

That's incorrect. Your OTP can be delivered to your e-mail as well. I'm writing from experience.

EquityM:
My OTP is linked to my foreign number; if I stop the SMS notification, I won't be able to transact normally. I will try to divert my dividend to Sterling Bank.

44k deals done so far, but only N7bn.

The momentum from retail participants is awesome.

PETERiCHY:
For those that don't know what happen in the year 2018,

There was a BURUNDI BULL within JANUARY & February 2018 afterward "To your tents oh Israel for the rest of 2018.


BARGAIN HUNTERS TAKE NOTE!

SOFT REMINDER 🎗️

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
HISTORY IS ABOUT TO REPEAT ITSELF
WHAT HAPPENED IN JANUARY 2018 is about to repeat in JANUARY 2026.

IF YOU KNOW YOU KNOW

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS* 🐙🦑

SOFT REMINDER 🎗️

BARGAIN HUNTERS TAKE NOTE !

Alright, I will just stick to Sterling Bank. UBA is a pain in the ass. Any amendment requires a constant video call from UBA, and it is annoying.

presiade:
That's incorrect. Your OTP can be delivered to your e-mail as well. I'm writing from experience.

nosa2:
Ding dong ding dong!!!

There is still chance to buy Zenith bank and ETI oh!!!!!

The bus has started to move but if you hurry you can still chop a nice 50% on Zenith and up to 100% on ETI.

If you like follow dey listen to baseless fears

P.S I am not here to make you money. I am here to push my market. If you make money that is purely coincidental

Please tell them. Zenith bank should be rubbing shoulders with GTCO. It should not be trading N70. I believe their dividend will be higher than GTCO.

jonnysessy:
Please tell them. Zenith bank should be rubbing shoulders with GTCO. It should not be trading N70. I believe their dividend will be higher than GTCO.

I believe your believe. Lets pump this belief!

PETERiCHY:
SOFT REMINDER 🎗️

BARGAIN HUNTERS TAKE NOTE!

Why don't u tell us what 2018 and 2026 have in common in relation to Ngx or the economy