₦airaland Forum

zamirikpo:
Uve said it all........

Chudymario:
Thank you. Two branches visited in Port Harcourt refused to accept anything below #50,000. Is it possible the minimum principal requirement varies with locations?

katamo:
You will have about 7.27 million after 10 years assuming you can get 18% eacg t8me you reinvest. The calculation is 1m * (1+21.95%)^10. Here the rate of 21.95% represents the true yield.

In reality, interest rates are at historic highs and will not stay like this for 10 years. So making the assumption that you can reinvest for 10 years at 18% is aggressive.

Alikote:
who has the 4 th quarter calendar.......i speculate the Naira will recover to 300 naira with several hurricane destroying oil installation and earth quacks the crude price of 57 dollar now it might hit 70 b4 December and bring down inflation to 12 ...advice to investors lock down your funds for one year tb make the kill

Reyus:
US hurricanes will not damage their oil installations. They are well prepared to fix it in a few weeks after the storm.

Reyus:
US hurricanes will not damage their oil installations. They are well prepared to fix it in a few weeks after the storm.

Alikote:
https://www.google.com.ng/url?sa=t&rct=j&q=&esrc=s&source=web&cd=3&cad=rja&uact=8&ved=0ahUKEwjjtIyWypfWAhWMZVAKHRuGBTUQFggzMAI&url=https%3A%2F%2Fwww.theguardian.com%2Fenvironment%2F2011%2Fapr%2F20%2Fdeepwater-horizon-key-questions-answered&usg=AFQjCNHG1f1UzvFSwypxjs5ZA3At4M2KQA..it just one explosion talk less of hurricane size of france.....

dotcomnamename:
You are right. My friend's brother head of operation at first bank told him yesterday that he should consider locking any of his inv.. In TB cos of whats happening in the US as the rate could strike down any moment from now. Thats why i decided to slow down on MF....

Gavrelino123:
How does this affect TB in Nigeria.?
Kindly explain....

dotcomnamename:
''Alikote:
who has the 4 th quarter calendar.......i speculate the Naira will recover to 300 naira with several hurricane destroying oil installation and earth quacks the crude price of 57 dollar now it might hit 70 b4 December and bring down inflation to 12 ...advice to investors lock down your funds for one year tb make the kill''

Gavrelino123:
Good evening..
I don't understand what you mean...
Make it clear to us......!
Are you saying that it's unsave to invest in TREASURY BILLS at the moment.?

Ugosample:
Does one need CSCS number to invest in mutual funds? or equities?

Gavrelino123:
Good evening..
I don't understand what you mean...
Make it clear to us......!
Are you saying that it's unsave to invest in TREASURY BILLS at the moment.?

dotcomnamename:
No. We're talking about TB is safe/safer.

olujaidi:
Mr Oga

Na you be the chartered accountant na. Use your knowledge to explain to us

Gavrelino123:
Good evening..
I don't understand what you mean...
Make it clear to us......!
Are you saying that it's unsave to invest in TREASURY BILLS at the moment.?

Alikote:
what it mean it that with crude oil hitting 70 dollars per barrel ,Nigeria will be out of recession and forex induced inflation which is the primary cause of prices rising over 50 percent between 2015 and 17 will drop ..The cbn alway try to bench rate above the inflation rate inorder for investor in money market instrument to make money ,however this can drop with reduced inflation .
Now Nigerian govt is getting more money from high crude prices and settling all dollar request by importer and manufactures this bring down inflation hence interest rate must drop the are interwine
2 foreign investors that were attracted by the high tb rate of 18.2 percent to bring in dollars into the greenback scare nigerian economy will not be needed by the CBN again crude sale of 70 and dollar dominated bonds will come to the rescue .

3.with over 31 billion dollars in cbn reserve the are more confident of the ability of the cbn to fund forex demand it a big buffer .4Advice lock in your funds for one year at 18 percent now cos rate will drop it was 8 percent for 356 when crude oil was 140 dollar the last time we enjoy this type of rate where around 2001 when inflation was 14 .........typo error hp u understand

Alikote:
what it mean it that with crude oil hitting 70 dollars per barrel ,Nigeria will be out of recession and forex induced inflation which is the primary cause of prices rising over 50 percent between 2015 and 17 will drop ..The cbn alway try to bench rate above the inflation rate inorder for investor in money market instrument to make money ,however this can drop with reduced inflation .
Now Nigerian govt is getting more money from high crude prices and settling all dollar request by importer and manufactures this bring down inflation hence interest rate must drop the are interwine
2 foreign investors that were attracted by the high tb rate of 18.2 percent to bring in dollars into the greenback scare nigerian economy will not be needed by the CBN again crude sale of 70 and dollar dominated bonds will come to the rescue .

3.with over 31 billion dollars in cbn reserve the are more confident of the ability of the cbn to fund forex demand it a big buffer .4Advice lock in your funds for one year at 18 percent now cos rate will drop it was 8 percent for 356 when crude oil was 140 dollar the last time we enjoy this type of rate where around 2001 when inflation was 14 .........typo error hp u understand

Alikote:
what it mean it that with crude oil hitting 70 dollars per barrel ,Nigeria will be out of recession and forex induced inflation which is the primary cause of prices rising over 50 percent between 2015 and 17 will drop ..The cbn alway try to bench rate above the inflation rate inorder for investor in money market instrument to make money ,however this can drop with reduced inflation .
Now Nigerian govt is getting more money from high crude prices and settling all dollar request by importer and manufactures this bring down inflation hence interest rate must drop the are interwine
2 foreign investors that were attracted by the high tb rate of 18.2 percent to bring in dollars into the greenback scare nigerian economy will not be needed by the CBN again crude sale of 70 and dollar dominated bonds will come to the rescue .

3.with over 31 billion dollars in cbn reserve the are more confident of the ability of the cbn to fund forex demand it a big buffer .4Advice lock in your funds for one year at 18 percent now cos rate will drop it was 8 percent for 356 when crude oil was 140 dollar the last time we enjoy this type of rate where around 2001 when inflation was 14 .........typo error hp u understand

Gavrelino123:
This is Good....thanks...
You are brilliant indeed...
This will be a blessing to us all..
But remember, all these analysis are still based on positive predictions.....!

Alikote:
what it mean it that with crude oil hitting 70 dollars per barrel ,Nigeria will be out of recession and forex induced inflation which is the primary cause of prices rising over 50 percent between 2015 and 17 will drop ..The cbn alway try to bench rate above the inflation rate inorder for investor in money market instrument to make money ,however this can drop with reduced inflation .
Now Nigerian govt is getting more money from high crude prices and settling all dollar request by importer and manufactures this bring down inflation hence interest rate must drop the are interwine
2 foreign investors that were attracted by the high tb rate of 18.2 percent to bring in dollars into the greenback scare nigerian economy will not be needed by the CBN again crude sale of 70 and dollar dominated bonds will come to the rescue .

3.with over 31 billion dollars in cbn reserve the are more confident of the ability of the cbn to fund forex demand it a big buffer .4Advice lock in your funds for one year at 18 percent now cos rate will drop it was 8 percent for 356 when crude oil was 140 dollar the last time we enjoy this type of rate where around 2001 when inflation was 14 .........typo error hp u understand

dotcomnamename:
Good advise. Even to lock it for 6 month is still better than taking the risk.

Alikote:
please lock for one year make the kill,we are in honey moon period .....it might drop to 16 or less looking at the bond prices the govt is issuing for 2020 @16 it tell u there thinking in future .futher more south Africa Nigeria are out of recession according to reuter and bbc bussiness report which mean more FDI flowing to both countires in Dollars ....NB IF U CAN AFFORD IT. DO ONE YEAR .....RATES CAN HARDLY GO UP TO 20 BUT CAN REDUCE TO 8 ...SO 18 IS HONEY MOON

adegokekemi:
At all. No

Ugosample:
So I should just stroll into the bank and ask them for it?

Thanks

Alikote:
what it mean it that with crude oil hitting 70 dollars per barrel ,Nigeria will be out of recession and forex induced inflation which is the primary cause of prices rising over 50 percent between 2015 and 17 will drop ..The cbn alway try to bench rate above the inflation rate inorder for investor in money market instrument to make money ,however this can drop with reduced inflation .
Now Nigerian govt is getting more money from high crude prices and settling all dollar request by importer and manufactures this bring down inflation hence interest rate must drop the are interwine
2 foreign investors that were attracted by the high tb rate of 18.2 percent to bring in dollars into the greenback scare nigerian economy will not be needed by the CBN again crude sale of 70 and dollar dominated bonds will come to the rescue .

3.with over 31 billion dollars in cbn reserve the are more confident of the ability of the cbn to fund forex demand it a big buffer .4Advice lock in your funds for one year at 18 percent now cos rate will drop it was 8 percent for 356 when crude oil was 140 dollar the last time we enjoy this type of rate where around 2001 when inflation was 14 .........typo error hp u understand

Gavrelino123:
lol...... Nigeria is very unpredictable....!
Any economic analysis i make is based on speculation and unpredictability...!
If you can recall in previous, so many professional world class Economic Analyst predicted that Naira will hit #1,000 to USD before December 2017......What is the current rate of Naira to USD today.?
Even CBN is confused....that is why you see them changing policies continually....!
In my opinion, let's just be positive,our economy is gradually restoring to Normalcy...!