₦airaland Forum

Silverpurple:
Hello house,

What are your thoughts on crowd funding agric investment going forward. Is it a stable environment? Some firms have collapsed while some are still going strong.

I just want to have a feel of the team here on this form of investment....

Merci

From what I read from the agritech thread and read, SEC has come into to sector to regulate it, as a result of this regulations most agritechs have left the space. Just wait for final resolution by SEC before you invest

Silverpurple:
Hello house,

What are your thoughts on crowd funding agric investment going forward. Is it a stable environment? Some firms have collapsed while some are still going strong.

I just want to have a feel of the team here on this form of investment....

Merci

From what I read from the agritech thread and read, SEC has come into to sector to regulate it, as a result of this regulations most agritechs have left the space. Just wait for final resolution by SEC before you invest otherwise you will bloose your investment with them. A close look at the agritech thread, regret, anger and wailing seems to be the order of the day.

emmasoft:
When it comes to operations priorities differ in the various units of the Holding company. Realities differ from what is on paper most times. You should be able to get FBNQuest through FBN but it may waste your time. The best thing to do is for you to be at the specific company in the Holdco that is in charge of what you need. In this case go to FBNQuest at kaffi Ikoyi.

What is the current rate for VGIF?

emmanuelewumi:
What is the current rate for VGIF?

4.5%

Where is Alhajiahabib oil o? Not sure of his handle

He correctly predicted fuel prices will go up.. It's now 212

How long will this be for or has it come to stay?

hustla:
Where is Alhajiahabib oil o? Not sure of his handle

He correctly predicted fuel prices will go up.. It's now 212

How long will this be for or has it come to stay?

it's has come to stay

LauraClasikVibe:
From what I read from the agritech thread and read, SEC has come into to sector to regulate it, as a result of this regulations most agritechs have left the space. Just wait for final resolution by SEC before you invest otherwise you will bloose your investment with them. A close look at the agritech thread, regret, anger and wailing seems to be the order of the day.

They were warned. What do you expect.

A young guy who has never handled N5 million in his life, asked investors to invest about N20 million in his purported farm. At the end of the day he got over N100 million

hustla:
Where is Alhajiahabib oil o? Not sure of his handle

He correctly predicted fuel prices will go up.. It's now 212

How long will this be for or has it come to stay?

What do you expect?

Crude oil at about $70 per barrel, naira to dollar at over N400

This is another reason why it is good to have some passive income. It cushions many of these economic shocks. Some people will not even notice if petrol went to N500 a litre.

emmanuelewumi:
What do you expect?

Crude oil at about $70 per barrel, naira to dollar at over N400

2 Things I learnt on agritech space.
Never trust in the humility of the poor.
Never take financial advice or invest from a broke person.

emmanuelewumi:
They were warned. What do you expect.

A young guy who has never handled N5 million in his life, asked investors to invest about N20 million in his purported farm. At the end of the day he got over N100 million

Abadini and HOcorn comes to mind

emmanuelewumi:
What do you expect?

Crude oil at about $70 per barrel, naira to dollar at over N400

Why should international oil price affect the price of fuel in Nigeria?

Hamachi:
Why should international oil price affect the price of fuel in Nigeria?

It will continue to affect it because we import refined petroleum just as other countries without crude oil and importers/owners of refineries abroad make massive profit from it. The little ray of hope is when Dangote refinery starts full operation though price may not come down but price fluctuations would be reduced drastically while saving Forex for the country.

emmasoft:
4.5%

364 day TBill is now out performing it.

emmanuelewumi:
They were warned. What do you expect.

A young guy who has never handled N5 million in his life, asked investors to invest about N20 million in his purported farm. At the end of the day he got over N100 million

Iam sure the guy don jakpa to Canada or US or UK or Australia.

NL1960:
364 day TBill is now out performing it.

Not really Sir. If you buy Tbills of 364 days at 6.5% at the end of the year the investor in VGIF will have more returns.
Apart from the 4.5% Guaranteed rate, you will have additional returns which can take your total returns around 8% conservatively

Not only that, if sdf changes upward which is very likely judging from the economic realities your rate in VGIF changes upwards as well; This is not possible with Tbills.

Again in VGIF you can terminate your investment after six months without penalty but if you do that with Tbills the investor will not have the whole of 6.5%.

For me if tbills of 364 days is not up to 10% I will still prefer VGIF.

LauraClasikVibe:
From what I read from the agritech thread and read, SEC has come into to sector to regulate it, as a result of this regulations most agritechs have left the space. Just wait for final resolution by SEC before you invest otherwise you will bloose your investment with them. A close look at the agritech thread, regret, anger and wailing seems to be the order of the day.

Please what is your general perception/findings on investment in safelock on Piggyvest platform?

Challenges of been a business man/woman in buhari lead Nigeria ...sole owner .. ....the price instability as a result of policy flipflops ....u import or buy merchandise xXxX for 10m with a possible mark up of 0.5m at end of 30 days u have 10.5m in your accounts,thinking u have made a profits of 500k on the surface and might be tempted to use 0.5m for u livelyhood baam u place orders baam price of merchandise jumps to 11m due to forex and other micro items like Apapa port congestion ,end sar and co....now u cannot buy as the same level and u are gradually movìng out of the bussiness line .....u hustle up and borrow new 1m or 500k to add up

Which do you pick:

=N=5BN in ten years or =N=5M/monthly from tomorrow?

After 2 months of runing baam emefele wake up from whiskey hang over and announce by military fait that the dollar is now 410 .....baam container turn to 15m ...u now in mess after starving for 2 months cos of fear of spending the imaginary profits now this ...next move is to reduce orders volumes or pair up the fellow traders....small small u are getting out ....the cycle goes on and on and on the baam u are out .....now the money bag is the only person left or some Chinese boys with 1 percent loan from bank of China and has about 20 m USD so everbody now queue up in his office to become agent /distributors for a percentage and the entire merchandise in the entire trading location is Chinese money ....shikena end of discussion....

Any body with a suggestion of an android app I can use to manage all my portfolios across all segments; bonds, TB, stocks, MMF, crypto etc.

I have been using excel google sheets but it's not convenient. Just need an app where I can always have an overview of all assets and to always update it.

Thank you

ahiboilandgas:
After 2 months of runing baam emefele wake up from whiskey hang over and announce by military fait that the dollar is now 410 .....baam container turn to 15m ...u now in mess after starving for 2 months cos of fear of spending the imaginary profits now this ...next move is to reduce orders volumes or pair up the fellow traders....small small u are getting out ....the cycle goes on and on and on the baam u are out .....now the money bag is the only person left or some Chinese boys with 1 percent loan from bank of China and has about 20 m USD so everbody now queue up in his office to become agent /distributors for a percentage and the entire merchandise in the entire trading location is Chinese money ....shikena end of discussion....

On point.

hustla:
Where is Alhajiahabib oil o? Not sure of his handle

He correctly predicted fuel prices will go up.. It's now 212

How long will this be for or has it come to stay?

https://www.nairaland.com/6455958/pppra-deletes-n212-per-litre

summersaulting govt

In a terrible run and dishonest country like Nigeria....PPRA say they are not going to announce price of pms any more that we have deregulated ok. Fine ppmc has a way of leaking the offical memo communication to depot manager on the sale price online (clowns) then everbody follow suit and price is price by the leak memo ....clowns when the entire pms supply to Nigeria is done by NNPC ....so if NNPC is giving is giving total wouldnt they tell them price ...now the same PPRA has pasted it templates of 212 for pms and it sister agency is saying they have not increase price and have deregulated so why talk of price in a deregulated markets

Who talk of price of AGO ,ATK DPK and LPG.the price move by the market and doest need any PPRA announcement....if we can afford LPG we move to charcoal and make meals ...if we cant afford cars with v12 engine we move to v4 or bicycle

unite4real:
https://www.nairaland.com/6455958/pppra-deletes-n212-per-litre

summersaulting govt

is not summersauliting is permantly and perpetually upside down and inside out .....who pay to 45 naira differ x 30m litres daily...over 1 billions naira daily for product that half of the 30m litres on it way to benin ,northern Cameroun and Niger republic

Sure trove is a great app managed by ARM securities you can sign up with my signature on my profile we both get FREE shares.

unite4real:
Any body with a suggestion of an android app I can use to manage all my portfolios across all segments; bonds, TB, stocks, MMF, crypto etc.

I have been using excel google sheets but it's not convenient. Just need an app where I can always have an overview of all assets and to always update it.

Thank you

Now everbody know the template is 212 ..ok u want them to miraclousy sell to Nigerians at 163 in imaginary deregulated markets ....WE HAVE NOT INCREASE PRICE IN MARCH ...OK HOW ABOUT APRIL ? The 50 naira difference will cost a marketer 2.25m naira per truck added to the capital requirement from April so where will the new capital come from? BUHARI POCKETS ...even if the station plough back the entire sale bacj @163 x 45000 litres cannot buy the product in April @212x45000 litres
.....so station owner no go chop be that no go service loan or pay salary and to return all sale back to depot ......no wonder na racketeering fit Nigeria ...

yazga:
Sure trove is a great app managed by ARM securities you can sign up with my signature on my profile we both get FREE shares.

I dont mean an app to use for investments.

i simply need an app which can even be used offline, where i will manually enter all my assets and their current values so that at a glance i can have an overview of my portfolio

oh okay

unite4real:
I dont mean an app to use for investments.

i simply need an app which can even be used offline, where i will manually enter all my assets and their current values so that at a glance i can have an overview of my portfolio

Trekking is not a completely bad idea at this point. It's good for our heart and blood pressure.
Just carry umbrella, sunshade and bottle water.

ahiboilandgas:
Who talk of price of AGO ,ATK DPK and LPG.the price move by the market and doest need any PPRA announcement....if we can afford LPG we move to charcoal and make meals ...if we cant afford cars with v12 engine we move to v4 or bicycle

unite4real:
I dont mean an app to use for investments.

i simply need an app which can even be used offline, where i will manually enter all my assets and their current values so that at a glance i can have an overview of my portfolio

Kindly download any of this:

Personal Capital.

Morningstar.

Money Patrol.

SigFig Portfolio Tracker.

Mint.com.