ositadima1:


Wrong! World bank and IMF is certainly not controlled by america.

OgogoroFreak:
There is a solar thread here on nairaland. You will learn alot and set up a very reliable system if you follow the instructions there.

That's how I set up my own solar system and its been serving me well for 3 years now.

https://www.nairaland.com/390522/solar-energy-complement-fta

Kennyking1234:
The lady isn't smart

afroxyz:

The cost of Tesla car is reducing because of breakthrough in battery technology . The chinese are also making cheaper versions. Las las second hand market go dey. Just the mobile phones were first expensive before everyone could afford them. It may take a long time, but there would be a time the country would have no choice

Tobex4realTobex234:


Lol, you they compare car with mobile phones lol.

I get what you may be driving at but it doesn't work like that. The cheapest Tesla is current $38k, that's about 20m. So you're saying it will become 2m in 10 years because of innovation

Something we are not discussing here is how renewable energy usually have higher upfront costs. A basic 1kv solar set up may cost 200k, gen of that size fit no pass 40k. Also solar setup works for basic appliances, i no sure say e go carry A.C and if you get mad sun for your side you still need gen.

[b]Summary of it all: [/b]Petrol will be in demand in Africa for at least next 15 years.

yazga:
it's works for AC's there is AC inverters. Kindly Google it.

Tobex4realTobex234:


I still think the initial setup costs are crazy and I'm not sure how much of this will be driven down by innovation. Specifically for cars, it's a no-go-area, the infrastructural deficit we have cannot allow for renewable energy support in the next 20 years.

Tobex4realTobex234:


Lol, you they compare car with mobile phones lol.

I get what you may be driving at but it doesn't work like that. The cheapest Tesla is current $38k, that's about 20m. So you're saying it will become 2m in 10 years because of innovation

Something we are not discussing here is how renewable energy usually have higher upfront costs. A basic 1kv solar set up may cost 200k, gen of that size fit no pass 40k. Also solar setup works for basic appliances, i no sure say e go carry A.C and if you get mad sun for your side you still need gen.

Summary of it all. Petrol will be in demand in Africa for at least next 15 years.

lastbornop:
Hello people,
I get Una oooo

Please any recommendation for a reliable and yielding long term investment specifically for xdren Education plans say 10years.
Plan is to keep re-investing yields and growing capital

Biko make Una help me Sabi people

Donbrig:
From emmasoft who is still banned. As you rightly said, there is incentive fees for fund managers in mutual funds which makes the displayed rate as net for some funds, depending on the managers.

There is management incentive for VGIF, the difference is where the incentives come from which differs from other types of funds and it is one of the uniqueness of VGIF.

No incentive is deducted from the guaranteed rate (SDF) which is currently 4.5%

All incentives come from the excess returns above the SDF.

Here is the excess above SDF sharing formula for VGIF: 35% of excess above SDF for investors of fund, 15% of excess above SDF revenue reserve of the fund, 50% of excess above SDF is incentive fees for the fund managers and fees for other parties to the fund.

This is a win win situation for investors in VGIF, since fund managers always get paid from the excess above SDF, they strive to always have excess above SDF because no excess no pay and once there is excess the investors get additional earnings above the guaranteed rate.

In this case, the current 4.5% is the least all investors will get, they will always get more.

emmasoft:



Thank you @Donbrig for being there to help out.

Viqtour:
Anyone got idea of the treasury bill rate today?

yazga:
duration?

afroxyz:
The 2020 SUKUK which was launched in May 2020 is to be listed on NSE tomorrow. This means members of the general public who invested in the 2020 SUKUK bonds can now sell their investments and those who wish to invest in SUKUK can now invest.

afroxyz:
The 2020 SUKUK which was launched in May 2020 is to be listed on NSE tomorrow. This means members of the general public who invested in the 2020 SUKUK bonds can now sell their investments and those who wish to invest in SUKUK can now invest.

Viqtour:
Anyone got idea of the treasury bill rate today?

ojesymsym:
Any chance for a new one in 2021?

emmanuelewumi:



7% for 365 days

emmanuelewumi:



7% for 365 days

Chidoo1234:

How do one get to know when the dates for this treasury bills primary market dates. I missed subscribing for today’s bid

skydiver01:
Some more details of today's auction & results below for all tenors.

afroxyz:
The 2020 SUKUK which was launched in May 2020 is to be listed on NSE tomorrow. This means members of the general public who invested in the 2020 SUKUK bonds can now sell their investments and those who wish to invest in SUKUK can now invest.

afroxyz:
The 2020 SUKUK which was launched in May 2020 is to be listed on NSE tomorrow. This means members of the general public who invested in the 2020 SUKUK bonds can now sell their investments and those who wish to invest in SUKUK can now invest.

afroxyz:
The 2020 SUKUK which was launched in May 2020 is to be listed on NSE tomorrow. This means members of the general public who invested in the 2020 SUKUK bonds can now sell their investments and those who wish to invest in SUKUK can now invest.