Nezzjnr:
Please no one has said anything about Sachet water production

National Assembly has a bill to ban single-use plastics somewhere in its in-tray. Once they're done with enacting the Singapore NCDC bill, they'll turn their attention to other matters.

Cyberknight:


National Assembly has a bill to ban single-use plastics somewhere in its in-tray. Once they're done with enacting the Singapore NCDC bill, they'll turn their attention to other matters.

Wow

Thanks a lot bro.... It seems Bottle water is the drill now

Cyberknight:


They do, but they're among the largest plastics processors in the world and the recycling facilities want already separated and sorted plastic waste.

ok why do they want only those plastic water bottles and not drinks bottle like ( coke)...do u know

ahiboilandgas:
ok why do they want only those plastic water bottles and not drinks bottle like ( coke)...do u know

No, I don't know if there is any sort of differentiation made between PET bottles on the basis of original liquid content, and if so, why.
I would have thought that all waste plastic of the same type was the same.
I looked into the business a couple of years ago, but ultimately didn't move forward with it.

Cyberknight:


No, I don't know if there is any sort of differentiation made between PET bottles on the basis of original liquid content, and if so, why.
I would have thought that all waste plastic of the same type was the same.
I looked into the business a couple of years ago, but ultimately didn't move forward with it.

thanks very much

[quote author=Theconglomerate post=90798544]https://nairametrics.com/2020/06/17/naira-falls-at-the-official-market-as-government-reveals-plans-to-unify-the-exchange-rates/

The shithole is about to devalue again...
I tell you,you no hear...
I advise you,you no gree..
When the time is right my brother ehhh,telli person eh them no dey telli person...
[/quote


Please how does it affects SUKUK Bond. Does it affect interest

ahiboilandgas:
thanks very much

You're welcome.

Me too Sir Ahib. Pinch o abeg

Sholapey:
Thank you for this write up sir, please pinch me to exit whenever you see the danger light.

[quote author=mickky22 post=90804463][/quote]

A devaluation will affect all naira earnings, including bond interest, rendering them worth less than previously.

Theconglomerate:
Ha bros you know say I no dey into regulated export no more.
I like chaos abeg,no time for orderliness.
But things like this is every where,go apapa go find agents weh get buyer and looking for supply na.
I know one man called Ayru.Na agent we use many years ago.
His office is at #30 Bombay road,Apapa lagos.
White small one storey building for the top floor.
I no get their contacts again but you fit go the address,cheers.

No wahala bro
Thanks

pluto09:



That is what the IMF has been advocating.
We are shortchanging ourselves with multiple exchange rates.

We actually are

DexterousOne:


We actually are

I thought you were preaching against it
You change your stand because CBN is quitting the charade ba?

Theconglomerate:
I thought you were preaching against it
You change your stand because CBN is quitting the charade ba?

I'm against devaluation


But the multiple exchange rates dont make sense either

Let's go back to the era when all exchange rates had the same band

You should know the difference

I do not see how Nigeria can ever have a unified exchange rate, people who move in illegal money will always need the backend exchangers as well as those who are not necessarily doing anything evil but not want to be tracked.

pluto09:



That is what the IMF has been advocating.
We are shortchanging ourselves with multiple exchange rates.

Theconglomerate:
https://nairametrics.com/2020/06/17/naira-falls-at-the-official-market-as-government-reveals-plans-to-unify-the-exchange-rates/

The shithole is about to devalue again...
I tell you,you no hear...
I advise you,you no gree..
When the time is right my brother ehhh,telli person eh them no dey telli person...

Why do you always use this derogatory term?

Irrespective of social status, Nigeria is all we've got, at least for now.
Show some respect!

Theconglomerate:
I thought you were preaching against it
You change your stand because CBN is quitting the charade ba?

I'm in support of free float

And stop paying subsidies

Go check my previous comments.


All that forex we are wasting is not the best.


Note
Free float does not equate devaluation

And a free float will bring in a lot of forex

But bdc operators may not like it

Thanks a lot @TheConglomerate.

This is insightful.

I think the next step is for us as individuals to look inwards and try to identify the agricultural resources we have in abundance as a nation and where to source for them.

I will never forget my initial surprise wen I saw someone who said he exports Tigernuts and thats all he does. All those things that one takes for granted here.


[quote author=Theconglomerate post=90801208]To me I think if you can be patient to wait for TBs to mature after one year,then you can do official export.
First stage is sampling,you first send the buyer what he wants via UPS and the likes so that you guys can finalise on

DexterousOne:


I'm in support of free float

And stop paying subsidies

Go check my previous comments.


All that forex we are wasting is not the best.


Note
Free float does not equate devaluation

And a free float will bring in a lot of forex

But bdc operators may not like it

Lol.
I agree with the bolded, but in our case a float will most probably result in devaluation.
The naira should be floated, but I find it difficult to believe that after watching it for a while the CBN will be able to refrain from resuming targeted interventions.

DexterousOne:


I'm in support of free float

And stop paying subsidies

Go check my previous comments.


All that forex we are wasting is not the best.


Note
Free float does not equate devaluation

And a free float will bring in a lot of forex

But bdc operators may not like it

Well,floating is not really a solution in our case.
It comes with it's own problems which is SPECULATION.
This is why I say we get the true value of the naira first(by free float of course) and devalue appropriately.
Floating does not bring FDI or FPI because investors aren't confident.
Investors want devaluation so they won't be in for any surprise.
Naira is overvalued,the true price of naira is in the 400 range,450 if you ask me.

Dear Investor,

While the low rate regime persist in the Tbills and MMF, a good alternative with Gurranteed principal and interest will be VGIF at 8.5% currently and 7.5% effective from July 1st because CBN reviewed SDF recently.

VGIF is managed by Investment one (former GTBank asset management)

Click the link on my signature to open account online.
N.B: investment one will never ask for cash to open account online.

ojesymsym:
I do not see how Nigeria can ever have a unified exchange rate, people who move in illegal money will always need the backend exchangers as well as those who are not necessarily doing anything evil but not want to be tracked.

When you devalue appropriately,forex will be surplus and difference between black market and single official rate no go pass 5 naira.
Na so e suppose to be.
Wetin dey make black market explode na CBN dollar liquidity scarcity.
That makes everyone in Nigeria patronise black market by force and explodes their price as they go through hell to get that money.
Imagine going to kenya to source for forex to sell in Nigeria.
Now you get the picture I hope.

emmasoft:

Dear Investor,

While the low rate regime persist in the Tbills and MMF, a good alternative with Gurranteed principal and interest will be VGIF at 8.5% currently and 7.5% effective from July 1st because CBN reviewed SDF recently.

VGIF is managed by Investment one (former GTBank asset management)

Click the link on my signature to open account online.
N.B: investment one will never ask for cash to open account online.

can u tell me 4 reasons i should not invest in suku 11.3 vs VGIF 8.5 as a rational investor?

@unite4real from your experience, how many weeks or months does it take before you are credited your alloted number of Sukuk.
Is it usually this disorganised or this (Sukuk III) happens to be a peculiar situation because of the oversubscription?

Crazeworld:
Why do you always use this derogatory term?

Irrespective of social status, Nigeria is all we've got, at least for now.
Show some respect!

It's very difficult to not use such words

When you consider the state of Nigeria

The matter tire me. I don't understand either.

freeman67:
@unite4real from your experience, how many weeks or months does it take before you are credited your alloted number of Sukuk.
Is it usually this disorganised or this (Sukuk III) happens to be a peculiar situation because of the oversubscription?

Cyberknight:


A devaluation will affect all naira earnings, including bond interest, rendering them worth less than previously.

Thank you for reply.

I usually ask people who say the same thing this question, can you use a derogatory words on your own home because they are not as rich as Dangotte?

DexterousOne:


It's very difficult to not use such words

When you consider the state of Nigeria

ojesymsym:
I usually ask people who say the same thing this question, can you use a derogatory words on your own home because they are not as rich as Dangotte?

is not the same thing brother. Naira purchasing power is too bad

I can't force anyone but I think it is in bad taste to insult your nation, at best insult the leaders but not the country itself. Anyway, to each according to his choice.

drealj:
is not the same thing brother. Naira purchasing power is too bad

ojesymsym:
I can't force anyone but I think it is in bad taste to insult your nation, at best insult the leaders but not the country itself. Anyway, to each according to his choice.

You have a very valid argument actually

freeman67:
@unite4real from your experience, how many weeks or months does it take before you are credited your alloted number of Sukuk.
Is it usually this disorganised or this (Sukuk III) happens to be a peculiar situation because of the oversubscription?

I have not really seen any disorganization yet apart from the change in date of the allotment date and I am thinking it was because of the presidential speech. You recall PMB reiterated the sukuk project. I guess they wanted the announcement of the allotment to come after the speech.

As for the allotment, it has been done already. It's administrative work by the financial advisers that is going on. Your days for your first coupon or rent is getting closer as it has already started counting down.

For the dematerialization of the sukuk to appear on your CSCS, it's usually 15 business days from the allotment date. Let's say from June 12 to another one month.

For you to start trading it in case you want to sell or buy, it will take like 6 months to be listed on the Nigeria stock exchange.

This has been my experience

unite4real:


I have not really seen any disorganization yet apart from the change in date of the allotment date and I am thinking it was because of the presidential speech. You recall PMB reiterated the sukuk project. I guess they wanted the announcement of the allotment to come after the speech.

As for the allotment, it has been done already. It's administrative work by the financial advisers that is going on. Your days for your first coupon or rent is getting closer as it has already started counting down.

For the dematerialization of the sukuk to appear on your CSCS, it's usually 15 business days from the allotment date. Let's say from June 12 to another one month.

For you to start trading it in case you want to sell or buy, it will take like 6 months to be listed on the Nigeria stock exchange.

This has been my experience

Ok, I now have a better understanding of how it works. Thank you very much for your detailed explanation.