chigo4u: my point here

ahiboilandgas:
Dollars 405 ...all your tb gains about to wipe out

Polices by the economy team

zamirikpo:
Pls can somebody pls help me sack this emefiele , even western union I cannot collect, went to 3banks now.

What's really happening

Policies Nigerian can adopt to withstand current economic Turbulence
Fiscal policies
1. Remove subsidy from petroleum products
2. Higher Euro-bond issuance
3. Tax Cut
4. Adjust the budget to reduce wastage Personnel cost for Budget 2020 for MDS's alone is 2.83trn and aggregate expenditure is 2.78trn
Monetary policies
a. Naira Devaluation will make export more competitive and appear cheaper to foreigners which will mean impotrs such as petrol, food and raw material will become more expensive. This will reduce the demand for for imports
b. Hike MPR to 20% reduce LDR to 60%, increase liquidity ratio to 35%-40%
c. Increase allocation to health by at least N200B
d. Use NTB to support FAAC allocations
e. Capital control
d. CBN should limit government financing

9jatriot:
Brent went from around $76 to around $35, what do you expect? This has nothing to do with Emefiele, it is the beginning of a global recession as a result of the corona. I said it before, people do not know what is waiting in front.

In the mean time those that experience the last recession should tell us measures they took to help ameliorate this global recession

LadyBeee:
I did treaury bills in first Bank since last week Monday and it's up to 8 days now and no interest paid yet. I called the guy in charge and he said I should give it another 8 days.. I'm beginning to be worried. It was never like this before. Has anyone also experienced this?

why are u still investmenting in lost , naira is depreciating

Treasury bills rate is going down again nawaooooo

Rosabon Tenor Note (RTN) This is a fixed deposit account that guarantee higher interest rate and a flexible investment plan .Attractive interest rate guaranteed. No BVN required to access this fixed deposit account.

Let me introduce a short term investment that can give you as high as 12% on your return investment ,keeping your money in the bank wont increase your account balance and you can even take your upfront interest if you wish .

ABOUT US
Rosabon Financial Services is a subsidiary of the concept group- is one of Nigeria's. leading Financial intermediary and Equipment Leasing Firm .Licensed by CBN on April 22,1993 ,we have build a reputation for passionately ad professionally delivering innovative and superior Financial Services of our growing clientele.

For enquiry please conatact Elizabeth on e.awoniyi@rosabon-finance.net
or call /chat Elizabeth on 0 8 1 6 3 1 5 1 0 5 5

Dinma27:
I just removed my money from stanbic ibtc money market...mutual funds as its not yielding interests again like i presumed. Please whats the best way to invest this money. I was thinking of changing to dollar and invest in stanbic dollar something something...its 5.8 percent for 192...The percentage aint fixed. Please i need some advise or guidance. Thanks

You can as well fix your money with ROSABON FINANCIAL SERVICES AND GET AS HIGH 12% in your return investment , for more information contact chat or contact me on 0 9 0 5 3 6 0 7 9 8 7

YankeeRealtor:
GT bank offered me 12.28% this time last year for secondary market, I was doing shakara. Glad I decisively locked in my little 7m then; which matures on March19. My other 5.5m matures in April. Since I have no need for these funds when they're available once again in my GT bank account, do I leave it in the bank, judging by the measly TB rates? And other than TB, are there other reasonable/transparent investment instrument(s) out there for my small 12.5m? Thanks guys, and please stay safe in Nigeria!

Treasury bills rate as at today has gone down again,Why keep your money where you wont get good interest rate in return .Why not try ROSABON FINANCIAL SERVICES Today and get as high as 12% on your retu investment ,for more information contact or chat elizabeth on 0 9 0 5 3 6 0 7 9 8 7

arena07:
which means with the low price of Brent crude oil it may affect the treasury bill? if it is so then I will advise everybody to withdraw their money back from treasury bills even if it is not mature.....

No but i know of a reputable company ROSABON FINANCIAL SERVICES ,they guve unbeatable interest rate on their fixed deposit , for more information call or chat Elizabeth up on whatsapp 0 8 1 6 3 1 5 1 0 5 5

Sultannayef:
Does anyone know the rate for a year TB in Zenith Bank at the moment?

First Bank to merge with Heritage and Polaris bank.
From Guardian Express to Spring to Enterprise & now Heritage
From cooperative to Skye to Polaris
Very soon we will be left with just 7 banks
UBA, FBN, GTB, Union Wema Access and Zenith

lizshow:
No but i know of a reputable company ROSABON FINANCIAL SERVICES ,they guve unbeatable interest rate on their fixed deposit , for more information call or chat Elizabeth up on whatsapp 0 8 1 6 3 1 5 1 0 5 5

please stop spamming this thread.
come to think of it...
haba!
are u expecting people to bring their hard earn millions to 32 Montgomery Rd, Yaba
Nobody will trust you, you appear so desperate to have peoples money
do not bother quoting me, i aint rosaboning anything thing with you.
One more word about ROSABON on this thread again, it will be your last on NL.
You have been warned

hahaha, "rosaboning" you don add another word to dictionary be that. Where were all these people when TB was doing well to provide us with alternatives to test with a long spoon? Suddenly they just show up from no where with appetizing offers with no clear direction as to how they intend to achieve it in this national and world economy that we are all looking at.

deepwater:


please stop spamming this thread.
come to think of it...
Nobody will trust you, you appear so desperate to have peoples money
do not bother quoting me, i aint rosaboning anything thing with you.
One more word about ROSABON on this thread again, it will be your last on NL.
You have been warned

deepwater:


please stop spamming this thread.
come to think of it...
Nobody will trust you, you appear so desperate to have peoples money
do not bother quoting me, i aint rosaboning anything thing with you.
One more word about ROSABON on this thread again, it will be your last on NL.
You have been warned

lizshow:
No but i know of a reputable company ROSABON FINANCIAL SERVICES ,they guve unbeatable interest rate on their fixed deposit , for more information call or chat Elizabeth up on whatsapp 0 8 1 6 3 1 5 1 0 5 5

This is sounding like a broken record, can just open a thread and stop spamming this thread.



Thank you

deepwater:


please stop spamming this thread.
come to think of it...
haba!
are u expecting people to bring their hard earn millions to 32 Montgomery Rd, Yaba
Nobody will trust you, you appear so desperate to have peoples money
do not bother quoting me, i aint rosaboning anything thing with you.
One more word about ROSABON on this thread again, it will be your last on NL.
You have been warned

With the current global financial crisis, some of the people and businesses they loaned out money to, will have difficulties in paying back therefore affecting the investors in Rosabon or whatever they are called to get their funds.

DaBogu:
Policies Nigerian can adopt to withstand current economic Turbulence
Fiscal policies
1. Remove subsidy from petroleum products
2. Higher Euro-bond issuance
3. Tax Cut
4. Adjust the budget to reduce wastage Personnel cost for Budget 2020 for MDS's alone is 2.83trn and aggregate expenditure is 2.78trn
Monetary policies
a. Naira Devaluation will make export more competitive and appear cheaper to foreigners which will mean impotrs such as petrol, food and raw material will become more expensive. This will reduce the demand for for imports
b. Hike MPR to 20% reduce LDR to 60%, increase liquidity ratio to 35%-40%
c. Increase allocation to health by at least N200B
d. Use NTB to support FAAC allocations
e. Capital control
d. CBN should limit government financing
In the mean time those that experience the last recession should tell us measures they took to help ameliorate this global recession

Recession will come and go, make sure you are not indebted, live within or below your means, cut off unnecessary expenses, have an emergency reserve or fund that can take care of a minimum of your 6 months expenses, be diversified and have cash generating investments or assets.

Those who have enough cash during recession are bound to have the opportunity to buy assets and investments at good or ridiculously low market because recession creates a buyers market


Las las we will all be okay, recession is a phase in the economic cycle.

emmanuelewumi:


Recession will come and go, make sure you are not indebted, live within or below your means, cut off unnecessary expenses, have an emergency reserve or fund that can take care of a minimum of your 6 months expenses, be diversified and have cash generating investments or assets.

Those who have enough cash during recession are bound to have the opportunity to buy assets and investments at good or ridiculously low market because recession creates a buyers market


Las las we will all be okay, recession is a phase in the economic cycle.

a terrible phase ...currently have 21 trucks stucked at the airports for 3 weeks without space to discharge cos fewer airlines are buying jet A 1 ,am in for more trouble with falling crude oil prices,more cheaper fuel will be available while my principal had imported at over 240 per litres is now landing at 150 ....if no buyer no transport job ......God punish coronavirus

ahiboilandgas:
a terrible phase ...currently have 21 trucks stucked at the airports for 3 weeks without space to discharge cos fewer airlines are buying jet A 1 ,am in for more trouble with falling crude oil prices,more cheaper fuel will be available while my principal had imported at over 240 per litres is now landing at 150 ....if no buyer no transport job ......God punish coronavirus

Coupled with the crude oil price and market share war between Russia and Saudi Arabia.


Nigeria is in big shit because we are not prepared for this.


Norway with a population of less than 6 million people have over $ 1 Trillion dollars in their Sovereign Wealth Fund, got dividends, interests , capital appreciation etc from the fund to the tune of over $100 billion in 2019.

While Nigeria with a population of over 200 million people has less than $2 billion in our Sovereign Wealth Fund.


Russia and Saudi Arabia have between $300 to $500 billion in their reserves to pursue this crude oil price and market share war and to also defend their currency.

Thank you for you input

emmanuelewumi:


Recession will come and go, make sure you are not indebted, live within or below your means, cut off unnecessary expenses, have an emergency reserve or fund that can take care of a minimum of your 6 months expenses, be diversified and have cash generating investments or assets.

Those who have enough cash during recession are bound to have the opportunity to buy assets and investments at good or ridiculously low market because recession creates a buyers market


Las las we will all be okay, recession is a phase in the economic cycle.

what type of assets do you suggest we buy?

emmanuelewumi:



Coupled with the crude oil price and market share war between Russia and Saudi Arabia.


Nigeria is in big shit because we are not prepared for this.


Norway with a population of less than 6 million people have over $ 1 Trillion dollars in their Sovereign Wealth Fund, got dividends, interests , capital appreciation etc from the fund to the tune of over $100 billion in 2019.

While Nigeria with a population of over 200 million people has less than $2 billion in our Sovereign Wealth Fund.


Russia and Saudi Arabia have between $300 to $500 billion in their reserves to pursue this crude oil price and market share war and to also defend their currency.

been A Nigerian is difficult very difficult ....a devalution will increase cost of finishing the dangote refinary...the global system is skwed in favor of develop world .....i wish i was a Norwegian i can pay 10m for their citizenship

7 ways to beat the market recession.


Dr. Tayo Oyedeji
@tayooye

1. Don't "concretize" your loss.

Global stocks are already down 20 - 40%. It will get worse before it gets better, but it will get better.

If you are still heavily invested in the stock market. It's too late.

Don't exit. Just ride it out.

2. Cash is king.

Property prices will soon stumble. Equity prices will become cheaper.

Cash will be the most important asset for the next few years.

Keep your cash in a highly liquid instrument like
@overwoodng
(http://overwood.ng) and wait.

Bargains are coming.
3. Diversify.

It's bad practice to have more than 50% of your asset in any instrument. Diversify quickly.

Have at least three investment classes/instruments.


4. Build some skills.

This is the perfect time to apply for your MBA/PhD.

Wages will stagnate for the next few years and corporations will retrench in large numbers.

You can skip this mess by going to school for a couple years.

I got my MBA during the last recession.

5. Hedge against currency risks.

Currencies across Africa and the Caribbeans will lose value.

The Naira, GBP, Cedis, Rand, and KSh will lose value.

You may want to hold some USDs as a hedge.

6. New business.

This is the perfect time start a new business focused on bargain hunters and the bottom of the pyramid.

TJX has been selling discount apparels for years. But it has grown 1000% since the last recession.

Recessions are great for BOP businesses.

7. Take care of yourself.

Health is wealth.

The NBA has suspended its season; La Liga is off; Universities are closing. This coronavirus thing is the real deal so be safe.

And don't worry too much about money. Recessions are necessary market corrections. You will be ok.

I keep checking crude oil prices like my life depend on it ...i have several crude oil price alert on my phone ....cos i know i have horrible, brainless leaders that can birrow 400m dollars to install a non workings cctv , that can ground the excess crude saving from 2bn to 70m dollars that could cushion the price drop fir some months ....now the mad cbn governor is using an unknown economic pricipal ( lowering interest while inflation ia rasing ) to tackle challenges

Rosabon Financial services is 27 years now and we are license check our website www.rosabon-finance.com

emmanuelewumi:



This is sounding like a broken record, can just open a thread and stop spamming this thread.



Thank you

Check our website www.rosabon-finance.com

emmanuelewumi:




With the current global financial crisis, some of the people and businesses they loaned out money to, will have difficulties in paying back therefore affecting the investors in Rosabon or whatever they are called to get their funds.

ahiboilandgas:
why are u still investmenting in lost , naira is depreciating

what do u suggest that I do to secure my funds?

LadyBeee:
I did treaury bills in first Bank since last week Monday and it's up to 8 days now and no interest paid yet. I called the guy in charge and he said I should give it another 8 days.. I'm beginning to be worried. It was never like this before. Has anyone also experienced this?

the money was returned to me. Which way Nigeria? At this point, I'm stuck

The bottom line is that no investment is safe now until this coronavirus issue is sorted out.Better leave ur money in ur account for now.

i thought Naira is already devauling itself or just the BDCs is hoarding dollar

LadyBeee:
what do u suggest that I do to secure my funds?

do what brought the fund in the first place

LadyBeee:
the money was returned to me. Which way Nigeria? At this point, I'm stuck

u can get 4.2 percent on a saving account in gt monthly just o.8 percent less ntb

juniorrate:
i thought Naira is already devauling itself or just the BDCs is hoarding dollar

we have been thorough this clownish statements in 2016

ahiboilandgas:
do what brought the fund in the first place

hahahaha you know nothing. Don't even go there