Gerrarahia

A business with#25000 capital that yields #10,000 every month, is it worth it.
If it does
then u need to know how to
go check it out here https://www.nairaland.com/2586043/how-earn-more-than-50
but if u dont have a laptop, you will not be able to do it except u can be going to the cafe everyday including Sundays
When you get there, i have uploaded proofs of my first withdrawal
See u at the top

No way. That's reverse hustling if you ask me. The interest on tbills barely accounts for inflation and peradventure the currency is devalued, you lose even more. If the property fetches 500k annually, be patient and compound it, then do the business. My two cents.

mekaboy:
Is it advisable to sell property to invest in tb. A young man has a property that generates 500k annually. He wants to go into biz but 500k is not enough.

He has decided to sell the property for 12m invest it in tb and use the interst for biz.

Would u advice such a person to proceed, seeing that the value of that 12m might be less after 1 year?

Feelamong, I've been unable to get secondary market offers above 13.5% for 182 days. Principal 1.5m. Can you give me a contact? M

feelamong:


good one for you!

wetin you need me for na?

My bank doesn't debit the face value. My experience is that they debit whatever is left of the face value after interest and custodian fees have been paid.

NairaQuest:


This is what I have been saying, they are not supposed to debit you with N100,000 rather with the purchase price so that at maturity you get credited with N100,000 and the difference becomes the interest but because Nigerian banks are getting it wrong, they debit you with the face value only to credit you back with the difference making it look like you got the interest upfront. This is a scam and I am amazed at how many people are being fooled with that misconception. Financial instruments and derivatives originated in the US and other more advanced economies, I never saw Wall Street come up with that falacious notion that TBills pay interest upfront

Oh, I see . Contact your account manager or bank branch asap.

motherlode:

the total amount i invested was 100K and i don't know why i was debited that same amount, i thought the interest will be left in my account but no it wasn't?

When I pay online with my naira MasterCard, why am I billed at 225 to the dollar?

simseg01:
The Naira, on Friday, regained its strength and appreciated to N208 to the Dollar in the parallel market, compared with the N212 it traded for on Thursday.
The British Pound Sterling and the Euro also traded at N330 and N230, respectively, at the parallel market on Friday.
The official interbank exchange rate, however, remained at N197 to the Dollar.
Olufukeje Adegbeye, a currency trader, attributed the fluctuation of the Naira to the global devaluation of the dollar and recent monetary policies of the Central Bank of Nigeria (CBN); adding that the intervention of the CBN had stifled the forces of demand and supply in the nation’s currency market.
“The businessman on the street should be taken into consideration,” he said. “Some of our manufacturers still depend on the importation of raw materials for their operations. The policy
on foreign exchange restriction has made life extremely difficult for manufacturers.”
He also said that the CBN, through its policies, has created avenues for the cross border smuggling of foreign currencies, especially the dollar.

http://dailytimes.com.ng/naira-rallies-against-the-dollar/

I know you didn't ask me and perhaps I should be minding my own business. However, investment decisions are best made after a lot of PERSONAL investigation. Don't bank on what someone says. Train your instincts, you'd be better for it.

ukay2:




My oga feelamong.....

Pls help me answer these questions...

Hope fidelity securities ltd are reliable and how long have u use them?
How can I transfer my stocks from investment one firm to fidelity securities?
How much is their custodian and transfer fees.?
How much is their opening account ?

Is NTB bidding for 365 days come 3/9/2015?


Should I buy access bank shares now or I should wait till Thursdays next week for the share to fall down to maybe 4.0 naira?

Thanks my oga.
Waiting for your prompt response.

I meant you have big capital. Thanks for the information though. I'll explore this option as soon as I can get the funds I need. A big point you have made is investing with firms that have your interest at heart. That's a tough find bro! They all seem to care about their bottom line only.

feelamong:


hahaha.....we want to make money..how we go dey offer them money again?

na negotiation skills bro!

also use good firms that would like to see you succeed

You must be offering them some serious money. Pray tell!

feelamong:


Its not always Lower! it depends on who is buying the bills for you and how well you can bargain.....also on how much you are investing.

I have bought 88days Tbills at 11% even when the stop rate for 91 days was going for 10%.

just last week I also assisted a friend to buy 194 days Tbills at 13.5 for a friend even when the stop rate is 13% for 182 days

Its not always Lower! it depends on who is buying the bills for you and how well you can bargain.....also on how much you are investing.

I have bought 88days Tbills at 11% even when the stop rate for 91 days was going for 10%.

just last week I also assisted a friend to buy 194 days Tbills at 13.5 for a friend even when the stop rate is 13% for 182 days

You will not be credited with interest. The balance left in your account is the interest. Spend some time to read the earlier posts. It's free.

motherlode:
Hello house
i applied for a 91 days TB and was debited #100,000 on wednesday evening, i haven't been credited with the interest. Is it that i have been cheated by the bank or what?
Please say something?
Princeuk21 and many others

Ephemmm:


HI, I have up to 300k in GTB which I can invest in TB as at now. So, can you please explain how and when I can bid and at what rate? I have no slightest Idea of this TB, but this topic is getting interesting.

You guys are doing a great job here and I must commend you all for this.

GTB doesn't do less than 1m for primary market I have been told. I stand to be corrected.

I thought so too, hence my post here. Is there something the account manager or financial institution gets by bidding below the requested rate? Feel among, please what institution do you use? I'm tired of these gimmicks.

feelamong:


If you bidded at 12.5% you should be getting ur bid!

the last Stop rate for 182 days was 12.9%, the one before last was 12.6%

I will advise you move to the secondary market and get a deal at the same 12.5% now.

I purchased through Investment One making a bid of 12.5%. They said the stop rate for 182 days was 12.3%.
From the cbn website the limit is 12.625%. Is there something I don't know?
I also submitted 12.5% for 182 via GTB and my account wasn't debited meaning it wasn't successful.
I have done tbills before although going at bank rates. I would appreciate any explanations for the above.