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Presiade's Posts

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Education / Re: English Gurus Pls What Is The Answer To This ?? by presiade(m): 4:45pm On May 02
Asawoboy:
grin grin

It's obviously an ambiguous statement that needs refinement to convey the intended meaning and eliminate excessive word usage. So either:
"A drunk mother beats up her daughter." Or "A mother beats up her drunk daughter."
Investment / Re: Treasury Bills In Nigeria by presiade(m): 9:53pm On May 01
lajid:


I get the concept it’s still not making sense tho how they got the calculation, reason I asked
The discount rate is like the rate your account officer gives you when you ask for Tbills. Yield (rate) is the percentage of the amount you invest less the upfront earnings you make from the investment.
Investment / Re: Treasury Bills In Nigeria by presiade(m): 5:24pm On May 01
lajid:
Chiefs pls I’m simple term, someone should explain discount rate and yield for me. What’s the difference
https://wiki.treasurers.org/wiki/Discount_rate

1 Like

Education / Re: UTME: 1.4 Million out of 1.8 Million Scored Less Than 200 by presiade(m): 7:26am On Apr 30
Christian36:
This is what you get when you turned an examination body meant for processing students admission into the university to a revenue generator. Next year, Jamb will generate 20billion naira for fg, they say "education is the right of all children", but that is not true.
This is another common misunderstanding in Nigeria. Primary (and maybe secondary) education is the right of every child, even in advanced economies most of you use for comparative basis. In the US, people pay through their noses for college education; SAT, GRE, etc. are for-profit college entrance examinations (for undergraduate and graduate studies, respectively) that generate billions of USD annually. Quality education is essential for development, but education is not only obtainable in the four walls of tertiary education institutions. The image below is a comparative analysis between company apprenticeships and university degrees in the UK for your enlightenment.

Education / Re: UTME: 1.4 Million out of 1.8 Million Scored Less Than 200 by presiade(m): 1:20am On Apr 30
Adeniyiademola:
Only 400 thousand out of 1.8 million? Nigeria of this generation is breeding dullards

No, I think the system is beginning to work. There is no more rampant expos/runs as it used to be when people who could not properly spell/write their names scored 300+, denying more qualified candidates who wrote exams solely with their abilities admissions to choice programs of study.

7 Likes 1 Share

Investment / Re: Treasury Bills In Nigeria by presiade(m): 8:57pm On Apr 27
tweakstar:


Ha, my brother, which is like Pure water again? grin lipsrsealed
I thought people were clapping hands and urging them that they were doing the right thing at the time?

Pure water cheap! Lol

What does an average Nigerian know? They are shallow and only like cacophonous noise in the name of political agitations.

2 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 6:26pm On Apr 24
KarlTom:
Una just like to heat up this space,

That's a court-ordered meeting for the translation of the shares of ZENITH to the Holding Company ZENITHHOLDCO.
There's no street running here ... grin grin


grin tongue I know. I only wanted to broach it and see if I'm missing anything. I've not had the time for the NSE in a while ...
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 6:06pm On Apr 24
Zenith about to run investors street 41"10". Am I missing something?

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:45pm On Apr 21
sterlingD:

Why not open with another stock broker?
Ok, thanks. My first trading account was with GTI Capital, but I moved most of my trading activities to MC when they started their online trading platform with a minimal trading fee. I prefer having no more than two brokers to effectively manage my trading activities.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:34pm On Apr 21
agbekoya:


This is no longer allowed. Many years back you could have multiple accounts with same broker but no longer allowed. However since you mentioned Morgan Capital I suspect that you are looking for a broker that has similar trade condition and platform like Morgan Capital. If that be your intention check out Atlas Portfolio's CitiTrader, they use same platform and they have the closest fees to Morgan Capital at present both brokers beat all others down in terms of trading fees. This may have been addressed as I have not not been on the platform so frequently of recent.
Alright, thanks for your input. I’ll look into that.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 5:28pm On Apr 20
yMcy56:

Thanks sir.

@presiade you see what I was telling you?
It was allowed before but not anymore.....
Maybe the person you spoke with wasn't aware of the new changes yet....

Ok. If I’m able to complete the process as they requested, I will give an update next week. That way, we can all learn the current situation of things.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 3:27pm On Apr 19
yMcy56:

Not allowed for individuals....
EXCEPT in a case of stock transfer from one inactive house (or active ) to Morgan.
To enlighten anyone needing this information later, I reached out to them, and it seems possible to have multiple trading accounts with them. Mercillious, thanks for your response, though.
Investment / Re: Treasury Bills In Nigeria by presiade(m): 7:11am On Apr 19
Gabrielclint:
Good morning guys,
I called my account officer in Fidelity bank and he told me that there is a new policy from CBN that one can only invest from 50 million naira in treasury bill. I find that difficult to believe . Please can anyone confirm this information please?
Tell the officer you will move your funds to another bank if they do not allocate some of their successful primary market bid to you. That should do the magic. TBills do not count towards meeting their targets as account officers, so some try to prevent you from investing in them.

5 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 6:30am On Apr 19
yMcy56:

Not allowed for individuals....
EXCEPT in a case of stock transfer from one inactive house (or active ) to Morgan.

I see. Thanks a bunch!
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 2:23am On Apr 19
A quick question: Does anyone know if one can have multiple trading accounts with MorganCapital?
Investment / Re: Treasury Bills In Nigeria by presiade(m): 12:23pm On Apr 18
Streetinvestor2:
Are you saying Emefiele was fixing the black market price than that was around #750.I beg to disagree on that.The price was the aboki price on the street for everyone to buy
Remember that the Emefiele-led CBN gave the Abokis (BDC) weekly or biweekly dollar supplies. That way, they indirectly controlled the black market rate too.

1 Like

Investment / Re: Treasury Bills In Nigeria by presiade(m): 11:34am On Apr 18
Streetinvestor2:
I don't know what you mean being emotional
All I said is simple,naira had no business going above #750 after the government floating because that was the fair/stable price and true market value because nothing changed in the economy. And if we look at it now because of less demand it should be less than #750.

Therfore I believe the government is reaping us off on anything above #750 black market price they met it

The government is doing the right thing even if thr approach could be better though I am not a fan of apc/tinubu

I did not follow the discussion that led you here, but I think before floating the naira, the Emefiele-led CBN was fixing the naira/dollar rate to whatever they wanted, and the rate this administration met was not truly representative of the value of the naira back then after Emefiele minted naira like pure water.
Business / Re: CBN Reduces Banks' Loan To Deposit Ratio From 65% To 50% by presiade(m): 5:52pm On Apr 17
Ezemarcel:
They should reduce import duties
On the contrary, they should either maintain or increase it. That way, they can reduce people’s appetite for imported goods and encourage local manufacturers. In the long run, the benefits will show. It’s not easy, but nothing good comes easy!

1 Like

Investment / Re: Treasury Bills In Nigeria by presiade(m): 5:34pm On Apr 15
alezzy13:


20% 👍

Great! That's for the 364-day tenor obviously.
Investment / Re: Treasury Bills In Nigeria by presiade(m): 5:23pm On Apr 15
alezzy13:


Great news! Just got debited cool cool evidently GT still went through.

Thanks for keeping me positive.

What rate did you get?
Crime / Re: Nigerian Police Clash With Indian Men In Heated Confrontation (video) by presiade(m): 2:42am On Mar 25
Lock them up in the cell overnight if they prove stubborn. Can any Africans try that in their caste society that puts blacks in the same category as monkeys?
Investment / Re: Treasury Bills In Nigeria by presiade(m): 4:09pm On Mar 17
Thanks for the update.
eanestca:


At the auction it's 50m except your bank of Fund manager is able to aggregate.
Investment / Re: Treasury Bills In Nigeria by presiade(m): 10:41pm On Mar 15
jidobaba:

Invested with Gtb secondary mkt @18%, 357days. Just yesterday. Seemed a tad low.

I have been away from this market for quite a while. Has the minimum investable amount by individual investors been lowered so far? The last I was aware was when the minimum was raised to about N100 m or thereabout.
Politics / Re: Oby Ezekwesili: Senator Ahmed Tinubu Could Have Saved Us This Embarrassment by presiade(m): 2:42am On Oct 04, 2023
This statement shows her political naivity. He had nothing to hide about his academic records at CSU right from the beginning and only wants to give you a wild goose chase, so you won't find another thing to nail him until it's late. The man is a devious politician!
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:13am On Jun 04, 2023
That's why unit of measurement is important and must be specified with any quoted value. In physics/science, it's called dimensional analysis. grin grin tongue
toyeoye:



They're not mates however. A million seconds is 12 days while a billion seconds is 31 years!!!

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 12:19am On May 22, 2023
sophy17:



Interested.
Reach out to me when you're ready.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 5:01am On May 21, 2023
ojeysky:


Do reach me on WhatsApp or put your contact.
Alright. You may confirm.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 1:55am On May 21, 2023
I'm not advertising, but reach out to me if you need dollar payments (school fees, SEVIS, purchases, etc.) in the USA in exchange for naira lodgement in a Nigerian bank.
Travel / Re: UK Skilled Worker Visa / Health And Care Worker Visa / Qualified Teacher Route by presiade(m): 10:09pm On Nov 30, 2022
Focus99:
I want to go to UK please I need advice, I don't have money for tuition � considering the care worker visa but I have been sending my CV to care homes directly and nothing to show for it. I managed to get a job interview offer from NHS two days ago only for me to login NHS portal to pick a time for my interview and the location was in the UK�‍♀️I sent an email to them to conduct my interview online but they said it has to be in the UK because the role is a band 2 job. I am tired, my tired is tired someone should please help me I have Bsc in Entrepreneurship and Business Management, i have about 6 certification from florence academy, I have applied to over 150 care homes directly from the UKVI companies sponsoring list. Any way forward for me? @justwise and everyone please come to my rescue I need advice because I am depressed already

Note: I have read this thread from beginning, spent 7weeks reading from the beginning.
Why not go to Finland and enjoy the cleanest air? And what's more, it's free of charge lol. Funny lot. And at the bolded why not reach out to your twin brothers, especially the one in Finland "catching (sic) out big time with good white collar job" to give you a small portion of his "big" earnings?

1 Like

Travel / Re: Before Applying Or Coming To The Uk For Studies: Beware Of This by presiade(m): 10:07pm On Nov 30, 2022
Focus99:
Very big lie my younger bro in finland graduated and got a good white collar job. Even before he graduated, the school employed him and pay him very well.

Omo my brother is good, they are twins..the other is in USA and they are catching out big time with good white collar job

Oga nor come here they discourage people, people destiny differs if people when you know nor they Progress for country nor mean say others nor go Progress. There are jobs in Finland you all...they have the cleanest air in the world �



Yes, after 6 years that unsung people like us almost single-handedly fought them to change their ways, people like you can start reaping the benefits without knowing what efforts were put in and thinking it came free of charge.
Phones / Re: kkk by presiade(m): 5:31pm On Apr 03, 2022
Ihatebuhari, is that not a hate speech? � Lol
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 6:48pm On Mar 29, 2022
yMcy56:

Yes. That's the correct acct no.
Polaris Bank #1771365357

...but.......upon say people using Morgan plenty here...and this Oga said it's urgent, yet none reply him.......it is well o.
The Bible says, "those that are saved should rise for the salvation of others", na proverb I take this talk.... tongue

Thanks sis! I took the risk of sending to the zenith bank account earlier. There will always come a generation that knew not Moses. Agbalowomeri, pa ihediorama and co. go sabi... We have been here a long time, but went for sabbatical... coming back to the market.

1 Like

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