ojesymsym:
What do you think is CBN's endgame in all of this? It is now clear to even the blind that a lot of Nigerians with free income will rather now still put it in the real sector of the economy.

I was having a chat with a friend of mine the other day and he was asking why the very rich Nigerians do not invest in startups, most start up grants in Nigeria come from angel investors abroad, why?

tracyorez:

This just sent shivers down my spine.i never knew someone can have issues with any bank transaction done within the banking premises.
I have to be extremely careful after this

NL1960:


I hope this will not cause dead stocks and stocks without fundamentals to start rising and then create another market bubble like what happened in 2008?.

NL1960:


I hope this will not cause dead stocks and stocks without fundamentals to start rising and then create another market bubble like what happened in 2008?.

tracyorez:

My brothers and sisters,this guy keeps giving me different excuses till now. Should I go strait to his manager or still wait?.
He was even begging me to continue using the loan even if my money appears since the interest is low but I told him I needed my money to reflect first.

tracyorez:

bond was on.i got the info here and contacted him.i approached him and invested 800k,he gave me forms to fill but I dint get any notification in my email until after 3 months and my 800k reflected back into

tracyorez:
even extra 2k ontop.

drealj:
Sorry Madam,permit me to say you are foolish .May be this will help

ojesymsym:
What do you think is CBN's endgame in all of this? It is now clear to even the blind that a lot of Nigerians with free income will rather now still put it in the real sector of the economy.

I was having a chat with a friend of mine the other day and he was asking why the very rich Nigerians do not invest in startups, most start up grants in Nigeria come from angel investors abroad, why?

Desanta:


I have a small company that gives loan. If you know the trouble my marketers go through to get the loans back!!
We even gave our debtors 3 months of grace because of the lockdown, but it is still one story or another. We had to seal up some shops with the aid of police men.
Some are even prepared to go borrow elsewhere to clear their loans so that they can apply for a bigger loan. Can you imagine, taking me for a fool.
So my dear, it's not all about money. It's about trust and conviction. And in Nigeria trust is a rare breed.

emmanuelewumi:



What do you have in your investment portfolio eg bonds, money market, Eurobonds, real estate, equity, small business etc.

For now I am very bullish about the stock market.

So I will advise selling half at N10 million. The remaining bond will generate an annual coupon of N1 million for the next 16 years

Zenith bank, UBA, APR, United Capital will give you a dividend yield of 15% and above.

Dangote cement, Lafarge, Dangote sugar, Julius Berger will give you a dividend yield of about 12%.

If you are considering investments that are linked to forex, you can consider Seplat and Airtel.

Seplat paid dividend 2 months ago at $1 to N350.

Airtel paid yesterday at $1 to N430

talk2tonie:


I want to specially thank you for making this post on the 25th July 2020. I followed this advice and I added APR, United Capital, lafarge and dangsugar to my existing portfolio. Thank you once again.

talk2tonie:


I want to specially thank you for making this post on the 25th July 2020. I followed this advice and I added APR, United Capital, lafarge and dangsugar to my existing portfolio. Thank you once again.

emmanuelewumi:



You should be sitting on about 25% profit

talk2tonie:


More than for some.

9jatriot:
You see why this forum de respect some people, na appreciation of practical advice like this de cause am. One day, somebody from no where with no pedigree go come tell us say oga Ema de work for one insurance company na em make am de fit give advice.

Sir Ema, God bless you sir. May we not use our youthful days to be lazy/

emmanuelewumi:



I am on 85% between April and now

talk2tonie:


I want to specially thank you for making this post on the 25th July 2020. I followed this advice and I added APR, United Capital, lafarge and dangsugar to my existing portfolio. Thank you once again.

talk2tonie:



That’s good to know!. I took some profit today; will also take some tomorrow hopefully.

Cyberknight:


I gather the new Police Act prohibits this now.

Donbrig:
@Tracyorez, there are things you are still not telling us. You might have had some flirtation with your banking officer, and you became so emotional and trusted him enough to control your account. And this guy must really be a tall and handsome guy with good English, correct me if I am right.

Have you ever wondered why most female bank customers are given males as their banking officers, while male customers always have beautiful damsels as their banking officers?

Banking is a very big business, and in Nigeria, it is a bit more than just a business. If you know you know.

You wouldn't have been in this mess if you had had a female banking officer.

I once had a pretty damsel as a banking officer, her voice and smile could even make Romeo to cheat on Juliet. Unknowingly, I started falling in love helplessly, if not for God and a friend who also had some experience in the past, I would have just been a victim.

To all the wealthy guys in the house, if you can, just try to avoid your wife having a male banking officer or gynaecologist or fitness trainer.

ukay2:



Go and pay tax to Pa Emmanuelwumi jooor

talk2tonie:


I would like to pay ooo
@Emmanuelewumi pls advice how to pay sir

Francisco01:
*THE NEW FINANCE ACT*

The new finance act recently implemented kicked off with the introduction of 7.5% as new VALUE ADDED TAX from 5%, it also requires all bank account to be furnished with tax identification number and bank verification number

The demand of TAX IDENTIFICATION NUMBER & BANK VERIFICATION NUMBER from all businesses including PARTNERSHIP & SOLE PROPRIETORS by banks is to assist Federal & state government detect tax avoidance and tax evasion by Nigerian

Note: While Tax Avoidance is acceptable& legal, Tax Evasion is illegal &punishable

Dear BUSINESS OWNERS do not wait until the income tax officer visit you for tax evasion

You can work with us to help you *AVOID TAX , SAVE TAX, DIVERSIFY TAX and GET RETURNS ON TAX*

Donbrig:
@Tracyorez, there are things you are still not telling us. You might have had some flirtation with your banking officer, and you became so emotional and trusted him enough to control your account. And this guy must really be a tall and handsome guy with good English, correct me if I am right.

Have you ever wondered why most female bank customers are given males as their banking officers, while male customers always have beautiful damsels as their banking officers?

Banking is a very big business, and in Nigeria, it is a bit more than just a business. If you know you know.

You wouldn't have been in this mess if you had had a female banking officer.

I once had a pretty damsel as a banking officer, her voice and smile could even make Romeo to cheat on Juliet. Unknowingly, I started falling in love helplessly, if not for God and a friend who also had some experience in the past, I would have just been a victim.

To all the wealthy guys in the house, if you can, just try to avoid your wife having a male banking officer or gynaecologist or fitness trainer.

tracyorez:
Update:

He sent me a message this morning that I will receive the money unfailingly today but I did not acknowledge it.
He later sent another message that the card closure has been concluded that I should pls pay 1500 into the loan account which I did.

So my fingers are crossed waiting for the alert.

tracyorez:

Lol. He is opposite of all you listed. He is in his 40s with big tummy,married with 4 kids.My husband is rich and In his late 30s and has all you listed.I am less than 30 so do the maths.
And moreover,my hubby told me after our wedding that if I cheat on him,he will put a bullet in my brain and I believe him cos I new he meant it when I looked into his eyes that night and he makes sure that I lack nothing.