₦airaland Forum

kamsy4God:
Pls house it is advisable to invest in MBA forex, is it safe, and backed up by SEC ?,a colleague was trying to convince people to invest today, I ignored them.,knowing I will get real answer here.
Pls house your replies will be highly appreciated.
Oga Emma and Ahib, Pls say something. Pls.

Run away from those MBA whatever because they are not regulated by the SEC.


They claim to give you a humongous � ROI but will not go and collect 25% interest rate loan from a commercial bank to cash out from their "MBA FOREST".

akinola98:
Thanks for your response but will this be a regular occurrence?? Delay remittances every six months

I honestly do not know but my next pay is in July this yr and am waiting to see if its gonna be a regular thing.

NicoKator:
I use robotic software (EA) and it has been very impressive, the daily return is low(around 10-20% monthly but it's consistent), it works only on brokers that allow pro-Cent account, not standard account so the risk is reduced. Also PAMM with authorised & regulated brokers is good with minimal risk

Sire, how can one get the EA, please?

Offshore Investors 'Run Away' from CBN OMO Auction
https://businesspost.ng/economy/offshore-investors-run-away-from-cbn-omo-auction/

dipoolowoo:
Offshore Investors 'Run Away' from CBN OMO Auction
https://businesspost.ng/economy/offshore-investors-run-away-from-cbn-omo-auction/

I dont even understand the economic plan of this Buhari's government. I just hope they understand they are dealing with the hope and future of hundreds of millions of people and not just a 1000 staff of a company

needful:
I honestly do not know but my next pay is in July this yr and am waiting to see if its gonna be a regular thing.

Was the January coupon payment your first payment? Or have u been collecting payments before without any delay ?
At least I got a little bit relax with your own experience. Thanks for sharing

dipoolowoo:
Offshore Investors 'Run Away' from CBN OMO Auction
https://businesspost.ng/economy/offshore-investors-run-away-from-cbn-omo-auction/

we are waiting to lend the govt money at a favourable rate above current inflation...we are Nigerian we are runing no where we die here .....emefele rate must be above inflation Nigeria in diaspora will remit dollars to invest in tb and not run away cos they will use the profit to build houses, and sustain family members

dipoolowoo:
Offshore Investors 'Run Away' from CBN OMO Auction
https://businesspost.ng/economy/offshore-investors-run-away-from-cbn-omo-auction/

Good... They think they are economically correct...

For those that bought in previous years, they are now in trouble reselling it

Na wa o.

I have been following TB, stocks and co since I was in secondary school. I have been seeing juicy rates as people cooly cash out.

Just when it's time for me to join the band wagon, BOOM!! Everything goes down like being on space when gravity suddenly appears.

Boyhood:
30% of your acured interest is the penalty. Now you do the math, calculate 30% of 120k and tell us how much will your proceed be.

He will not be completing the tenor na. So it can not be 30% of 120k.

Since he will be terminating halfway, it should be 30% of interest on the number of days that have gone by.

CsRockefeller:
Na wa o.

I have been following TB, stocks and co since I was in secondary school. I have been seeing juicy rates as people cooly cash out.

Just when it's time for me to join the band wagon, BOOM!! Everything goes down like being on space when gravity suddenly appears.

Sorry o! ...But then, the Rockefeller wey I know nor de mind rates now. Billionaire thins
Cari go jor, notin do u, rates go soon jump... up... beyond 12.2% inflation rate.
Abi I dey dream ni? Ok oo.

Anybody know the current interest rate for fixed deposit at Stanbic now?

mymadam:
Sorry o! ... But then, the Rockefeller wey I know nor de mind rates now. Billionaire thins
Cari go jor, notin do u, rates go soon jump... up... beyond 12.2% inflation rate.
Abi I dey dream ni? Ok oo.

This Rockefeller is a wannabe

CsRockefeller:
This Rockefeller is a wannabe

Ha, ha, ha... I see. God bless your hustle.

CBN has reportedly devalued the naira from N366.70 to N380.20/USD.
https://nairametrics.com/2020/03/20/breaking-reports-suggest-cbn-has-devalued-the-naira-to-n380-usd/

NEWSFLASH: Naira devalued?

Courtesy Nairametrics - https://nairametrics.com/2020/03/20/breaking-reports-suggest-cbn-has-devalued-the-naira-to-n380-usd/

"The Central Bank of Nigeria (CBN) has reportedly devalued the Naira. Nairametrics found from a reliable source that the CBN moved the exchange rate of foreign exchange to Foreign Portfolio Investors (FPIs) from N366.70 to N380.20/USD."

Efforts to confirm the development from the apex bank was abortive, as the CBN’s Director, Corporate Communications, Dr Isaac Okorafor, failed to respond to Nairametrics enquiries.

Details later …

akinola98:
Was the January coupon payment your first payment? Or have u been collecting payments before without any delay ?
At least I got a little bit relax with your own experience. Thanks for sharing

Yes my first

First of all, CBN rate is 305 and not 366.7, so I am suspicious of this kind of news.

mymadam:
NEWSFLASH: Naira devalued?

Courtesy Nairametrics - https://nairametrics.com/2020/03/20/breaking-reports-suggest-cbn-has-devalued-the-naira-to-n380-usd/

"The Central Bank of Nigeria (CBN) has reportedly devalued the Naira. Nairametrics found from a reliable source that the CBN moved the exchange rate of foreign exchange to Foreign Portfolio Investors (FPIs) from N366.70 to N380.20/USD."

Efforts to confirm the development from the apex bank was abortive, as the CBN’s Director, Corporate Communications, Dr Isaac Okorafor, failed to respond to Nairametrics enquiries.

Details later …

CP

FAAC disbursement that was done today at the rate of 360 instead of the previous 305 so automatically the rate has been adjusted

9jatriot:
First of all, CBN rate is 305 and not 366.7, so I am suspicious of this kind of news.

Johnadelaide00:
FAAC disbursement that was done today at the rate of 360 instead of the previous 305 so automatically the rate has been adjusted

na wa o. This country is just rudderless and useless . Please what’s the black market rate?

Report syas CBN has sold at 380 to banks so parallel should be hitting 400, other reports says the 380 is a unified rate.

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

I would have thought that those comments be hidden. Someone could fall for it some other time, it could be 2, 5, 10years from now. We shouldn't let scammers post remain on the thread.

Johnadelaide00:
Report syas CBN has sold at 380 to banks so parallel should be hitting 400, other reports says the 380 is a unified rate.

.. True..

That's why omo record no sales

By default cbn has wipe the 2 year profit of tb

Unified exchange rates

Guys guys guys!... Don't you think fixed deposit should be the next investment plan, now that TB has dropped drastically

ahiboilandgas:
By default cbn has wipe the 2 year profit of tb

Why? CBN had two official prices for dollar exchange - #306 for for a few selected sectors and about #360 for the rest of us. Now, every one will be buying at about #360.

So, how is your 2 years profit wiped out? What changed for you and me or were you buying it at 306?

Actually it sort of makes sense, as roundtripping has been eliminated.

ositadima1:
Now, every one will be buying at about #360.

N380 and not N360

kamsy4God:
Pls house it is advisable to invest in MBA forex, is it safe, and backed up by SEC ?,a colleague was trying to convince people to invest today, I ignored them.,knowing I will get real answer here.
Pls house your replies will be highly appreciated.
Oga Emma and Ahib, Pls say something. Pls.

Runnnnnnnnnnnnnnnnnnn

bmarketing:
Interesting...At UBA today I was given a rate of 1% for a fixed deposit of 1 million and above for 60 days or 90 days.

Lies 60 and 90 ain't 1% in UBA bro

TotoNaRubber:
Sure you can, send me a message through here, I will get in touch as soon as possible.

TotoNaRubber

Please how much will you sell minibus to me?