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RayRay06677's Posts

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InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 9:33am On Jun 14, 2023
feelamong:
Na wah o!!

What is actually happening here?

Please its time to refocus on Treasury Bills and other great Money market Instruments!

Anyways.....Just passing by today!

Una well-done o cheesy
The boss has spoken, I hope and pray that today's children will hearken to the voice of the progenitor.
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 2:56am On Jun 13, 2023
Etfash:
About 600k annually.
Thanks for.the response
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 5:03pm On Jun 12, 2023
Etfash:
15%.

The rate is 16.25% but it going for 14.97-15.8% in the secondary market.
In terms of naira, and kobo
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 12:47pm On Jun 12, 2023
Etfash:
Buy 2037 FGN Bond from the secondary market... At least15% yield annually.

You can do that on Standard Chartered Bank Mobile application.
If he does that, what's his annually yield?
FoodRe: Nigerian Man Refuses To Pay After His Date Ate N12k Food At Restaurant by RayRay06677(m): 7:31pm On Jun 11, 2023
It's called "vex money"
Car TalkRe: Ever Ordered A Car Abroad While In Nigeria & It Worked? Share Ur Experience by RayRay06677(m): 7:26pm On Jun 11, 2023
I buy all my cars from UAE

Before you do that, secure a clearing agent with concrete agreement, the dudes can change narrative once car arrives.


I buy from site with clean in and out inscription, though a bit expensive but I am not a risk taker.

It's best you have someone on ground to inspect and move to shipyard.

In all, it's cheaper and more reliable as what you buy has history unlike the refurbished cars we have at car stands.

Good luck.
TravelRe: Pictures Of Beautiful Akwa Ibom Rural Road by RayRay06677(m): 3:35pm On May 27, 2023
" The people are dying of hunger while those in government spend lavishly. "

Keyword: lavishly

Now go study money cycle. If you are providing goods or services then that lavished money must get to you.

So don't counter yourself by yourself.
TravelRe: Pictures Of Beautiful Akwa Ibom Rural Road by RayRay06677(m): 2:50pm On May 27, 2023
I was born, schooled and making a living here in AKS.

I only visit other places, within and abroad, no where else suits me like AKS. Simple reason I have never spent more than 2 weeks outside AKS.

The above is my assessment, you can do yours.

No state is as peaceful as AKS, no state is connected by road like AKS, 1hr from the state capital to any extreme of the state.

After infrastructure will come industries then more people will be employed if they actually wan the jobs.

This is the only state a young man will own a house, car and family without a job because if you look deep within, there's money everywhere.

As for employment, every society has lazy folks, I meet them a lot in UK and USA, the simple facts that others come to AKS to get employed tells you we have the job but you can't employ somebody that's not ready or willing to work, like I say, we have free money on the street hence the laziness .

Free basic education and free skill acquisition center, what else is left. It must not be a white collar task. The amount of construction in the state is enough employment on it's own.

Last I checked, everybody in AkS has a roof over their heads including lunatics, please which state can say the same?

The much talked about happy hour, is not govt sponsor but come to AkS during the happy hour and you will understand that we ain't poor. If in doubt ask NB which states are their greatest customers. Those ain't people without food and neither are they walking naked on the streets or begging for food from you.

How did you arrive at the poverty theory you peddle around?

I will pause here and wait for your facts.

Thanks
TravelRe: Governor Udom Commissions Anua-Mbak-Ishiet Road, Outfall Drain In Uyo (Photos) by RayRay06677(m): 7:55pm On May 09, 2023
Etuk92:
In the last 16years Akwa ibom state have been doing roads upon roads no jobs no companies no industries just bike men & Keke riders riding on this roads
So who are the ones doing the roads? People from your state I guess.
TravelRe: Governor Udom Commissions Anua-Mbak-Ishiet Road, Outfall Drain In Uyo (Photos) by RayRay06677(m): 5:35pm On May 09, 2023
Anybody above 20yrs and broke from and lives in akwa ibom state is lazy.

I graduated in 2006, went straight to my village, built my first house between 2008 and 2011 without a paid job, as a matter of fact my father had to assemble family meeting to enquire where I got money because he wasn't ready to run, my reply was that even me don't know where the money came from but I can't commit crime.

House is still standing and I got a 100k rent last week from one of the shop.

As common as reducing price of chippings from cross river state sold at 75k then by others, I sold for 65k/70k and paid minimum of 10k on every trip, I do nothing except phone call, I dig soakaway pits and get 50k and pay ready to work boys 30k and buy them 10k worth drinks to celebrate the job, nobody else does that.

In summary, I was jobless but not broke and I played a whole lot of drafts as I had my time for myself.

My friends in Lagos and Abuja then crying for me to relocate and get a paid job still don't have a house till date.

Anybody saying trash about akwa ibom should ask NBL who and who drinks their beer, drinks ain't cheap.

Meanwhile, did any aks person complain to you?
Don't miss it, like every human, we are insatiable and want more but I have visited lagos and Abuja, I still see poorer people.

Those you called PA's are all driving cars and some own houses, I think thats far better than running around Lagos and doing nothing.

My prayer is that we should invest as the money comes, we too chop life.

Was born here, schooled here, hustled here and now working here, no plan of leaving akwa ibom state.

Each time I visit Lagos and Abuja, I host the boys so nothing to envy.

Meanwhile, what brought you to akwa ibom for a month if not to seek greener pasture.

1month away from your base means you are jobless, better come and make money in akwa ibom and stop stereotyping
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 4:30am On Apr 29, 2023
Despite the 50m, did he ticked to go with bank rate?

Bank actually bidded higher for him.


Gurus will attend to you shortly.
InvestmentRe: Commercial Papers by RayRay06677(m): 6:44am On Apr 22, 2023
amordi:
Any recommendation on this?
I am already doing that, given instructions on that.
InvestmentRe: Mutual Funds by RayRay06677(m): 7:25am On Apr 21, 2023
.
InvestmentRe: Commercial Papers by RayRay06677(m): 7:06am On Apr 18, 2023
New available

PoliticsRe: INEC Annuls Binani’s Declaration As Adamawa Governor-elect by RayRay06677(m): 3:23pm On Apr 16, 2023
WHAT HAPPENS TO "GO TO COURT"
InvestmentRe: Commercial Papers by RayRay06677(m): 8:50am On Apr 15, 2023
comatekeke:
What is the difference between the discount rate and the yield.
discount is simple interest........ take interest upfront and capital at maturity
yield is compound interest........take interest and capital at maturity
InvestmentRe: Commercial Papers by RayRay06677(m): 12:52am On Apr 14, 2023
Any paper anywhere?
InvestmentRe: Mutual Funds by RayRay06677(m): 9:13am On Apr 12, 2023
HOW DO I CONTACT FSDH?
PoliticsRe: Soyinka Survived Dictators, He Will Survive You - Moghalu To Obidients by RayRay06677(m): 12:56pm On Apr 08, 2023
In the University of Ibadan where Wole Sonyinka graduated from, we have the following blocks dedicated to men and women of value to the great institution:

Queen Elizabeth Hall of residence.
Queen Idia Hall of residence.
Awolowo Hall of residence.
Bello Hall of residence.
Kuti Hall of residence.
Teder Hall of residence.
Balewa Hall of residence.
Nnamdi Azikiwe Hall of residence.
Melamby Hall of residence.
Independence Hall of residence.
Kenneth Dike library.
And so on.... But you will never find a single block dedicated to Wole Sonyinka.

The reason is because of his well known anti-social activities in the university, ranging from cultism to championing of violent protests against the school authority.

Though academically brilliant, but he was so rascal to the point that points were deducted from his academic scores to curtail his recklessness and social excesses.

In the end, he was given 3rd class and allowed to leave the school.

A certificate he received and tore to shreds before proceeding to University of Leeds where he read English language.

Now i ask, is that the man you guys wants to listen to or even respond to?

Before my graduation from the university in 2008, Wole Sonyinka was invited to the university to deliver a lecture, he left what was on the topic, and was advising the student cultists to leave their fellow students and go after stubborn lecturers.

A blatant endorsement of cultism, gangsterism and violence with so much arrogance.

I doubt if the university of Ibadan has granted him such privilege of a guest speaker to any of their events ever after.

Those of us who went to university of Ibadan are very much privy to these information and to a large extent, do not take the likes of Sonyinka serious, because morally, he lacks the capacity to make a reasonable social statement.

-Nze Nwanochiriobii
PoliticsRe: Soyinka Survived Dictators, He Will Survive You - Moghalu To Obidients by RayRay06677(m): 5:28pm On Apr 07, 2023
RubaKing:
How can an election that’s been praised by objective observers be universally condemned. You people should stop projective your beliefs unto others. I know plenty of Nigerians that didn’t want Peter Obi as their president. Did you account for those people in your sentiments, they feel strongly about the election result just like you do and they are happy their preferred candidate won!


https://www.youtube.com/watch?v=fWLfP7eGjac
Is that how election is conducted in her country? Why the triple standard?
PoliticsRe: Soyinka Survived Dictators, He Will Survive You - Moghalu To Obidients by RayRay06677(m): 3:14pm On Apr 07, 2023
*1965 ELECTION DRAMA*
*31Yr Old Soyinka Declared Wanted For Seizing Radio Station At Gunpoint Over Western Region Elections Rigging!*

*HOLDING IBADAN RADIO STATION AT GUNPOINT AND WOLE SOYINKA’S BIZARRE NAME-CALLING~Tosin Adeoti*

*Wole Soyinka calling OBIdients names is the most bizarre thing I've read today.*

*Do older Nigerians really think we don't read (their) history.*

*A 31-year-old Oluwole Soyinka stormed a radio station and held a Bereta pistol to the head of a broadcaster's head to prevent the victory speech of the winner of a declared election result.*

*“Give me those tapes. GIVE ME THOSE TAPES OR ELSE……!”*

*He forcefully collected the tape and gave a substitute tape to be slotted for broadcast.*

*"Akintola go! Drop your stolen mandate, leave town and take your reprobates with you. Let them leave now before the people decide to wash the streets with their blood."*

*It is this same Soyinka who now talks about fascism and says Peter Obi supporters lost him the elections because of their utterances.*

*On an election that has been universally condemned?*

*No OBIdient has done half of what Soyinka did in that election; an action that he's refused to call himself a fascist for or even condemn.*

*"I could not sit down and accept that somebody should steal my voice. I felt at one with the majority of the people."*

*An action he justifies by saying he was moved to take because the democratic rights of the citizens were brazenly stolen.*

*This is the man who condemns people whose only offense is calling for justice ON THE INTERNET.*

*They hold no media station to ransom.*

*They wield no weapon on the streets.*

*Their offence?* *Vehemently oppose those they think are not qualified to lead them on social media.*

*This is the people a man who fought military dictatorship on the streets and via the ink is offended by?*

*Is this how to build a nation?*
PoliticsRe: Soyinka Survived Dictators, He Will Survive You - Moghalu To Obidients by RayRay06677(m): 12:55pm On Apr 06, 2023
After GEJ, Soyinka went deaf and dumb, now he is resurrecting.

Is he alright or was just afraid of the outgoing administration. Even when herdsmen attacked him, he took off in silence, if you think otherwise, how did that case end, it ended likely every other Nigerian case, nobody was tried and you are trying to tell me he is super hero.

I respect him for manufacturing cultism to kill some foolish youths like those supporting him now. Cultist go catch una soon and e go clear una.

What brought him out again this time around after 8yrs. Oh, him don see Jew(decent) man to descend on, their normal modus operandi.

But make datti slow down small before water carry am ooo, there's always another day if judiciary F up
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 12:44pm On Apr 05, 2023
MeezPat:
Regardless of what you bid for,the stop rate decided is what every one gets if your bids fall within that range.The bank sells to you at secondary market and makes a spread
I think you ain't right.

JAMB cut off point applies here.

Stop rate is the cut off point but it spell the maximum rate so all below that rate is accepted and all above fails.

Your bank might bid 9% when stop rate is 15%, you will get your 9% and another gets 14% if that was his bid.

Experts in the house, throw more light, thanks
Music/RadioRe: Mercy Chinwo Slams ₦2bn Lawsuit On Obidiz For Using Her Name In A Secular Music by RayRay06677(m): 7:03am On Mar 31, 2023
Na to rename your dog mercy chinwe with a big tag around his neck, dressed like she and take to court.

Make your dog mercy chinwe more popular than the musician version.

Rename a sibling or any other creature.

And who the Bleep does she feel like.

Ndiara
InvestmentRe: Commercial Papers by RayRay06677(m): 12:13pm On Mar 26, 2023
Good luck

InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m):
yinkaoke:
Hello all, seems there's no page for Commercial Paper discussion. CP is the best instrument with higher yields this days. So if you wish to keep up with best returns follow this person @okemakinde2003 on Twitter for lastest and current commercial papers on offer.

Unlike treasury bills, CP available is not well publicized remember information rules the world. Cheers
We have page for CP but commitment is minimal, rare updates etc
https://www.nairaland.com/5010648/commercial-papers

InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 11:10am On Mar 26, 2023
Rizin:
Please what is the current rate.
Last stop rate was 10% but CPs are hovering around 15%
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 7:23am On Mar 23, 2023
Wotowotoman:
Old enough to tell who an idiot is. An idiot is someone that asks about one’s age to try to determine how intelligent that person is….
Good morning Sir, have fun, money mining on my mind.

Thanks
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 1:01pm On Mar 22, 2023
Wotowotoman:
Nigerians and stupidity. You are using percentages and think you are gaining. What you don’t know is that in real terms, you are losing big time as inflation continues to bite harder. The real value of your money even with the supposed gain in percentages is less. Take that gain to the market and see what you can buy. You will buy even less than the small gains you were making before the increase in rates.

Go and learn proper economics before you open your mouth again.
How old are you?
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 10:48pm On Mar 21, 2023
Wotowotoman:
How can it be good news when it signals how bad inflation is ?

You go just open mouth waaaaa….
Good night
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 2:59pm On Mar 21, 2023
emmasoft:
MPR is now 18%
Good news for MMF and fixed-income investors.
Congratulations to us. 'Agbado messiah' is working already
InvestmentRe: Treasury Bills In Nigeria by RayRay06677(m): 2:04pm On Mar 21, 2023
KingAzubuike:
How does one go about this.
Check with any of the investment houses, i use Afrinvest.

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