₦airaland Forum

Are there new estates coming up in this area?

Diyke4rich:
I Will not advice you to buy it, I own a house at ikota villa estate to rent the house out are problem atime, when the tenant move out they leave a lot of damages I Will advice you to go for blocks of flat in mainland.

careerwoman:
Thank you for this golden advice. I’ll wait a little and see what happens after the meeting. Zenith share seems like a good stock to buy? I have a GT account but it’s my spending account. I save in my FBN savings account. Please, how much is FBN savings account interest?

Too much information

RedCandy:
Please elders in the house what does repayment after renewal of TD mean? I keep getting credit alerts every month from UBA with this description. Please who knows what it means?

Please anybody knows what this credit alert means?

ozymes:
Are there new estates cominog up in this area?

Yes there is, mega mount, ikota Gra and lekki county all are inside ikota villa estate but the new one is ikota estate gra

ositadima1:
I got alert this afternoon, I hope you have seen urs. The rate was 3.8% for 364 days.

nothing yet from them o

ositadima1:
I got alert this afternoon, I hope you have seen urs. The rate was 3.8% for 364 days.

You mean tbills Is now 3.8percent for 364 days .is this primary market or secondary market .gosh thank God for farming . Remembered when tbills was 22percent back in 2010

damilola1978:
nothing yet from them o

I didn't receive a text message, it reflected on the account though.

Dollabiz:
You mean tbills Is now 3.8percent for 364 days .is this primary market or secondary market .gosh thank God for farming . Remembered when tbills was 22percent back in 2010

Farming will pay alot this period.

deepwater:
Too much information

??

Hello Nairalanders, please I need advise in investing my money. I have some money, about 2,750,000 naira I would love to investing for a 6months duration (till October).
I have done researchs about treasury bill and fixed deposit ,but i can't decide on which to go with. Treasury bill are currently at an interest rate of 3.2% but I don know of interest of bank. I would love to get an interest of 10% for a 6months duration, I don know if that would realistic in our current economy.
Please if could get advice on the best rate I could get on my cash ( #2,750,000) be it treasury bill, fixed deposit or any, I would really appreciate it. ....... Also I would love to know if anyone could confirm if " WEALTH.NG" is real as I saw and intrest of 10% on a 180day treasury bill investment. Thanks in advance...!!!!

Osirawboy:
Hello Nairalanders, please I need advise in investing my money. I have some money, about 2,750,000 naira I would love to investing for a 6months duration (till October).
I have done researchs about treasury bill and fixed deposit ,but i can't decide on which to go with. Treasury bill are currently at an interest rate of 3.2% but I don know of interest of bank. I would love to get an interest of 10% for a 6months duration, I don know if that would realistic in our current economy.
Please if could get advice on the best rate I could get on my cash ( #2,750,000) be it treasury bill, fixed deposit or any, I would really appreciate it. ....... Also I would love to know if anyone could confirm if " WEALTH.NG" is real as I saw and intrest of 10% on a 180day treasury bill investment. Thanks in advance...!!!!

Fidelity Bank HYSA Account offers from 4.45% p.a. to 5.45% p.a.

Akin3891:
Does anyone know on which day of the month does bank drop interest on savings account? first bank haven't drop mine. Also I wonder why first bank charged me 21k plus for account maintenance fee on my current account, i wonder the measures used to charge me that high, I called the customer service but no response.

they have finally credited the interest

Osirawboy:
Hello Nairalanders, please I need advise in investing my money. I have some money, about 2,750,000 naira I would love to investing for a 6months duration (till October).
I have done researchs about treasury bill and fixed deposit ,but i can't decide on which to go with. Treasury bill are currently at an interest rate of 3.2% but I don know of interest of bank. I would love to get an interest of 10% for a 6months duration, I don know if that would realistic in our current economy.
Please if could get advice on the best rate I could get on my cash ( #2,750,000) be it treasury bill, fixed deposit or any, I would really appreciate it. ....... Also I would love to know if anyone could confirm if " WEALTH.NG" is real as I saw and intrest of 10% on a 180day treasury bill investment. Thanks in advance...!!!!

Try farmfund, you get 30% after 9 months. https://farmfundsafrica.com/portal/login.php

Osirawboy:
Hello Nairalanders, please I need advise in investing my money. I have some money, about 2,750,000 naira I would love to investing for a 6months duration (till October).
I have done researchs about treasury bill and fixed deposit ,but i can't decide on which to go with. Treasury bill are currently at an interest rate of 3.2% but I don know of interest of bank. I would love to get an interest of 10% for a 6months duration, I don know if that would realistic in our current economy.
Please if could get advice on the best rate I could get on my cash ( #2,750,000) be it treasury bill, fixed deposit or any, I would really appreciate it. ....... Also I would love to know if anyone could confirm if " WEALTH.NG" is real as I saw and intrest of 10% on a 180day treasury bill investment. Thanks in advance...!!!!

VGIF managed by investment one former GTBank Asset Management is your best bet. The interest currently at 8.5% and your principal is guaranteed. check my signature for contact and link to open account at the comfort of your home.

Winneygirl:
Don't you have a fixed deposit running?
I think the principal is being renewed every 30 days and your account is credited with the interest element.

I’ve already liquidated the fixed deposit and my TBills. That’s what’s confusing me. The account is a UBA current account. And the credited amount isn’t fixed it changes every month. I just hope my account hasn’t been used for any fraudulent transaction.

kristien4:
Do you have a legit bitcoin seller I can buy from?

There are lots of them here
https://www.nairaland.com/3190496/currency-e-currency-market-deals

Transact with popular users and check the blacklisted names... Just use your head else you get scammed.

OgogoroFreak:
There are lots of them here
https://www.nairaland.com/3190496/currency-e-currency-market-deals

Transact with popular users and check the blacklisted names... Just use your head else you get scammed.

To avoid stories, Simply buy through escrow services like bitcoins. Don't trust any seller

X21:
they have finally credited the interest

Thanks. Just checked , got mine too.

kristien4:
Do you have a legit bitcoin seller I can buy from?

You know, nowadays that is a rather difficult task to find out if a seller is legit or not, and what do you mean by the "legit" term?
Unfortunately not every country supports cryptocurrencies like bitcoin in an appropriate way, and if you want to answer the question of legitimacy you have to understand on what purpose that coins will be used. Anyway, if you need to make some small operations online you can always use an online aggregator like https://swapspace.co/ for exchange or buy/sell operations

How does the interest run?

emmasoft:
VGIF managed by investment one former GTBank Asset Management is your best bet. The interest currently at 8.5% and your principal is guaranteed. check my signature for contact and link to open account at the comfort of your home.

ozymes:
How does the interest run?

The 8.5% is per annum but d interest is earned daily and will be paid or reinvested twice a year depending on your choice of interest utilization. My contact and link is on my signature

You are very sure of this 8.5% P.A?

emmasoft:
The 8.5% is per annum but d interest is earned daily and will be paid or reinvested twice a year depending on your choice of interest utilization. My contact and link is on my signature

ukay2:
91 days -2.2%
182 days-3.2%
364 days-4.3%


NTB is still going down

NTB was oversubscribed by 59%

Source : Thisday business news.

Can you imagine. 2.2 - 4% and still being oversubscribed?? I don't understand the obsession with it despite the ridiculously low rates. . . . . abi some people do blood covenant with NTB?

Dumped the shiit since December.

bjtinz:
Can you imagine. 2.2 - 4% and still being oversubscribed?? I don't understand the obsession with it despite the ridiculously low rates. . . . . abi some people do blood covenant with NTB?

Dumped the shiit since December.

I once said that the FG economic team know that the average Nigerian is scared to invest his money in the real sector so, the TB rates will continue to go down because they (CBN) know its the safest bet any Nigerian has.

That questions the motive behind the high rates all these while, surely it was done to enrich a few class at the detriment of the economy.

Leezah:
*Economic Info Report*

The IMF officially green-lighted the acceptance of China’s currency – the Yuan – into the IMF’s foreign exchange basket. According to Reuters, this move paves the way for the IMF to place the yuan on a par with the US dollar. This is the latest in a series of global developments that threatens to eliminate the US dollar as the world’s reserve currency.

Experts predict this announcement will trigger one of the most profound transfers of wealth in our lifetime. So if you want to protect your savings & retirement, you better get your money out of US dollar investments and into the one asset class that rises as currencies collapse.

*The IMF Holds Supreme Power*

The International Monetary Fund, or IMF, is one of the most secretive and powerful organizations in the world. They monitor the financial health of more than 185 countries. They establish global money rules and provide “bail-out” assistance to bankrupt nations. Some are warning that any move by the IMF to supplant the US dollar could be catastrophic to American investments.

And now, the IMF has made the first move. As reported by The Wall Street Journal, the IMF officially green-lighted the acceptance of China’s currency – the Yuan – into the IMF’s foreign exchange basket. This marks the first time in history the IMF has expanded the number of currencies in the foreign exchange basket. This means that the Chinese currency will now become a viable global alternative to the US dollar.

According to Juan Zarate, who helped implement financial sanctions while serving in George W. Bush’s Treasury department, “Once the [other currency] becomes an alternative to the dollar, rules of the game begin to change.”

Leong Sing Chiong, Assistant Managing Director at a major central bank, said this dollar alternative “is likely to transform the financial landscape in the next 5-10 years.”

Currency expert Dr. Steve Sjuggerud warned, “I’ve been active in the markets for over two decades now, but I’ve never seen anything that could move so much money, so quickly. The announcement will start a domino effect, that will basically determine who in America gets rich in the years to come, and
who struggles.

Dr. Sjuggerud says if you own any US “paper” assets - and that includes stocks, bonds, or just cash in a bank account – you should be aware of what’s about to happen and know how to prepare. A number of experts believe a recent spike in gold and silver prices is a direct result of the IMF’s action. Precious metals notoriously rise when the US dollar falls.

*The Death of the US Dollar in One Frightening Graph*

For the last 600 years, there have been six different global reserve currencies controlled by world superpowers. The latest – the US dollar – has dominated world currency for over 80 years. The alarming fact is, global reserve currencies have collapsed every 80-90 years for the last six centuries! What does this mean for America and the dominance of the US dollar? Based on recent evidence and long-standing historical trends, experts predict the imminent collapse of the US dollar! What’s more alarming? Many Americans aren’t yet doing the one thing that will save their savings & retirement from US dollar collapse.

Just take a look at the graph below. It shows the lifespan of dominant currencies going back 600 years. Notice that the US dollar has now been the dominant currency for 88 years, about the same length of time as its predecessors.

It’s obvious why experts say that the US dollar’s days as the world’s reserve currency are coming to a climactic end.

*All Fiat Currencies Collapse*

“Fiat” currency is paper currency backed by nothing tangible. As opposed to “sound money” which is backed by gold or some other valuable commodity, a fiat currency is backed by nothing more than faith in the government. The US dollar has been a fiat currency since Nixon closed the gold window in 1971 in what was the greatest heist in American history. The scary fact is, the average life span of a fiat currency is 40 years, and the US dollar has now exceeded 40 years as a fiat currency!

Prior to 1933 and for well over 100 years, the dollar was backed by gold, and $20 bought you an ounce of gold. But after the government stole all US citizens’ gold in 1933 for a $20 paper certificate, gold was revalued at US$35, meaning the dollar was devalued by 43% overnight and all foreign and domestic holders of dollars were effectively robbed.

After Nixon closed the gold window completely in 1971, it took $67 to buy an ounce of gold, devaluing the US dollar by 50% again. Today, it takes well over a thousand US dollars to buy that same ounce of gold. Why? Because the US dollar is now nothing more than a fast declining Federal Reserve note backed by a corrupt government that is saddled with $18 trillion in unpayable debt — growing by $10 million per minute!

*Protect Yourself Before It’s Too Late*

This “Paper Money Experiment” has run its course. The Federal Reserve, the US government, and Wall Street crooks have misused their power by
mismanaging the dollar, and now there are global repercussions. The debt load sitting on top of the US dollar is unsustainable and will continue to crush the dollar’s purchasing power until no one wants to hold US dollars, and they are _no longer_ accepted for global trade. The dollar’s collapse means that every single one of your paper investments that are dollar-backed – stocks, mutual funds, money markets, cash accounts, etc – will go down right along with the dollar! Meanwhile, the government and the banks will find a way to protect themselves at your expense ... !!

So as we say goodbye to the U.S. dollar’s dominance, it doesn’t have to mean goodbye to your savings & retirement. Remove at least some of your savings & retirement from the dollar-backed, paper-based financial system and protect it with the one asset that has outlasted every fiat currency ever invented before the last 5,000 years: *Gold.*

*The above must be read by everyone in preparedness to change in world economy ...*

Such an expository exposition. Every paper money will at one time or the other be limited. Gold or crypto serve the alternative and the true store of value.
Waiting till yuan takes over dollars dorminance.....

kryptem:
Such an expository exposition. Every paper money will at one time or the other be limited. Gold or crypto serve the alternative and the true store of value.
Waiting till yuan takes over dollars dorminance.....

Crypto? Nah, it wont last a century.

kryptem:
Such an expository exposition. Every paper money will at one time or the other be limited. Gold or crypto serve the alternative and the true store of value.
Waiting till yuan takes over dollars dorminance.....

Yes to Gold, but I doubt crypto.