₦airaland Forum

Iogobenz:
So you are saying rayray0677 is poor?

Poverty and wealthiness layeth in the minds of the beholder. As Barry, i once asked in this very thread who is a rich man and nobody could answer convincingly. I might be poor to you or rich to you, that is inconsequential in my assessment. If you understand the law of contentment then you will overcome that poor vs rich mentality. I have never dreamt of being a dangote, his money his headache, all I want is a billion naira and I retire, that still wouldn't make me rich neither am I poor now. It is what it is and don't let your neighbours define you for you. Do the definition of yourself by yourself. Ponzi is bad but legit business called ponzi by illiterates is not bad. Don't follow the multitudes that perceive and accuse but do some reading and research so your illiteracy on a subject matter wouldn't be pronounced in public. I repeat, businesses fails in naija, even the govt is failing, a one man business can fail doesn't make it a ponzi scheme. Sukuk recently couldn't pay on said date, that wasn't ponzi but MBA couldn't pay and it was ponzi. Good news is that some people are cashing out. I wish I have time to learn the trading myself. Learn to discuss what you know and not what you don't know. Those calling forex trade ponzi, kindly tell us what you know about forex. I am ready to learn. Happy Christmas, my best Christmas ever, last two weeks saw me do VGIF with over 26m because of ponzi, emasoft feel free to confirm. That was unprecedented, all I want is clean money and am getting it, what is crashing should crash and what is paying should pay. Pipminds has a trading house for VIP and executive with 50k rent a month you trade on your own with instructors to guide you. People are cashing out, if you are busy then they trade for you. So my brothers, don't give people your money, trade it yourself with guidance so it wouldn't be ponzi. I am too busy, they trade for me and am seeing returns. Bye, see you in Christmas

Resurgent2016:
It is well, this thing we are just cruising with will have ruined many families by early next year. Almost everybody I know that did this shit put in millions and na every shishi dem put, some even borrowed and use other peoples money to do this shit

This one dat use his pension money, e sure me say MBA forex don cut him life expectancy

They just paid their school fees, they will learn a valuable lessons

Akin3891:
Jeez... that's so insensitive of you. You've been trying hard lately to justify your involvement in forex investments but nobody care where you cast your nets.

I presume you invested with your candy money as you said, so enjoy your return in peace and stop encouraging these dooms businesses.

If any message is posted here to discourage intending investors of such ridiculous investments, don't jump on such mentions trying to proof a senseless point. Allow the newbies learn

Conscience they say is an open wound in which only the truth can heal. Over one million died and only one is caused by ponzi, is ponzi not fair. Joining the multitude to brand it ponzi is your business. It's an investment for me and others. I am trying to appease your likes by accepting the ponzi subhead. Any business can be used as a crony for ponzi like Savannah bank et al but we can't say all banks are "ponzi". Forex trading is a legit business that banks are involved in. If few are using it for ponzi doesn't mean all forex trade are ponzi. If you are not comfortable with it, face front but don't deter "newbies" from taking risk rather teach them to take minimal risk because that's how money is made. Invest what you can overlook.

ahiboilandgas:
...may be ponzi need to have their own Ndic to insurance against....

Till then, for now, I move, Forward ever

ahiboilandgas:
so who pays the investors their 300m ?

u win some, u loss some, u cant win big all the time. Anybody that didn't know where he was putting his money will learn a valuable lesson which his money serve as the fees. We move. Businesses fail and has been failing in Nigeria but we move, nobody sleeps with the ugly past. Treasury bill of 1m dollars at 360 per dollar on 13% interest in 2019 that gets matured a year after in 2020 with exchange of 475 per dollar is 242,106 dollars short in capital, my brother "who pays for that 242,106 dollars?" MBA is paying as we type, but anything can happen. take a chill pill and relax. life is a risk, we took another form of risk u didn't like, u must not like our risk. live with it, never envied any of your choices, why bother on mind.

ahiboilandgas:
Another forex/ponzi boy gone....too bad

that is fair, if forex caused just one dead in a country that millions have died in 2020.

Priam:
You're smiling and happy, but there are many out there that are confused, depressed and contemplating their life because of the promises you made them that never got fulfilled, and based on said promises, they invested their life savings and even borrowed to top-up the investment hoping for their own day to smile and cash-out, just as you are today, but Alas! Their timing was all wrong because, they entered when the system was saturated and over bloated and ready to implode.

What are they supposed to do now to get paid? Get more investors whose money will be used to pay them and you, because that's how the system operates, not by creating value but by taking from Peter to pay Paul. But, there are no more new investors because confidence level is low and why should they come in when those inside the system are trying to come but still can't.

BRO BRO, always invest what u can do away with likewise lending money, life is short, don't complicate it. ISAAC NEWTON said energy can never be created but converted at most. The globe is a closed system, any venture u involve in is taking from somewhere to give you, nothing is new under the sun so says the bible. Not agreeing with you in totality that its taking from people to pay but if it is what it is then all is fair in war, "the world is war". google it a bit and stop joining the multitude to say unverifiable claims. learn about people living on forex, multi billionaires in dollars. why cant it be done here. I detest crime but where its unverifiable then I wouldn't criticize because daddy G.O. is criticizing, go get some education on your own first. The naira depreciates for dollars to appreciate, something must give way, my interest now is breaking even soon and increase my investment. I have dedicated the 40m to forex, some we win, some we fucken loss.

firstworld:
You have said it all. As i speak to you, my 9m is still stuck in various stocks and shares that were regulated by SEC, CBN, EFCC and yet nobody has said anything. Since 2008 oh. These low lives are here rejoicing at other people's business failures. If you look well, may of them are jobless and have no direction. I wil keep searching till i find my gold. Let them keep hating. I wish you well bro

I don't like it loud here but forces of darkness cant overcome people's milking point, I started September, started with 5m, then 30m, then 5m within same month, I have a family of 6 and I opened account for all of them, I run on 3 different platform with MBA having only 2m because its return is just 15%, I stand on over 6m monthly and someone is telling to disregard, bro them go use gun, no retreat, no surrender.

NA MY MONEY MBOK, MAKE UNA SHIFT

Whiteshield:
[s][/s]

bro bro, na my money. hahahahahahaha

you guys should learn to be calming down, na man dey invest for pussy for another man to kolombi. people bet every day in this country and its fair, others took another risk with their money and you guys are acting as if its your money, relax, its Christmas, go get some stuff for your loved ones. Any man that didn't invest what he can comfortably part with, na him cross. businesses fails in Nigeria, even CBN is failing everyday with the loss in value of naira at per seconds rate.

I just got 2.94m(3 set of 4.9m in Bara, awaiting others) yesterday for an investment that was due for 19th and nobody is shouting, the day it crashes now, you will be everywhere shouting, Bara is paying upfront for sake of xmas break and nobody is talking. Pipminds just paid me referral bonus today, nobody is talking. Abeg, leave my ponzi for me. na my money. I have never had this much money per month in my life so all your rant equals to naught. u win some, u loss some, the risks of life is fair, the higher the greener and darker depending on the divide u r but he that taketh no risk remains at most an average man. Yes u can be average and contented while some refuse that contentment and explore further. risk is risk, take some.

uncle005:
Account officer? I have been hearing about account officer, i have never met any or know any.
Infact i don't have anybody number in that office.

keep your friends close
keep your enemies closer
keep your account officers closest

uncle005:
My account validation has been pending for 5days now, complain phone number goes through once no answer and since then cannot be reach again.
This process is never smooth at all, absolutely no one to complain to when you get to your branch.
Its really getting serious day by day and seems to be no light yet at the end.

locate your account officer, mine is asking for people with this nature of problem to reach her, only head office treats it and volume is much. u need a push or wait. talk to your account officer.

According to nairaland, SUKUK is buying time so they can run away, LOL
Just selected few with small amount and be paying.

I didn't invest, just wondering how its supposed to be my utmost business of the day?

etoworld2:
I invested with BARA Finance, Port Harcourt office, on 23rd November, 2020.

Ist ROI expected date: 23/12/2020

1st ROI Received today: 16/12/2020, surprisingly Seven days before due date.
(and it's 20%).

E shock me oh.

Bara cares !!!

THEY ARE CLEARING FOR XMAS, BY JANUARY EXPECT ON YOUR DUE DATE

Myhelper1:
I don get alert...God win!!!

It became unponzi and others might unponzified too, some day, somehow

OgogoroFreak:
No wahala. Whenever you 20% - 105% per month ROI make you invest your life savings and let us know so we can learn.

LIFE IS FUN, Lets keep it at that, nothing is worth dying for. No regrets but as a matter of fact its learning. Always keep it on the low

Myhelper1:
It can't be, it is not MBA.

My brother, according to nairaland, any investment that fails to pay on due date is a ponzi scheme

Myhelper1:
No

sukuk is ponzi

Grupo:
I have not checked my Investment One VGIF account for a long time now.

So, this morning, I randomly checked, only to see that my interest is a whopping 127 million naira.

Hahaha. Wetin dey happen? My capital is not even up to 5% of that interest I am seeing there.

Can any of the agents tell me what's happening or I should start rejoicing that I have turned a multi-millionaire?

See screenshot below.

am about sending money there today, let me hold back a bit. my people will soon come and be shouting ponzi

Ifycharlie2:
Bro I feel for ur ignorant. U re investing a whole 2 million wen there are people out there struggling to save up to 200k to start up a small scale buisness..I no sure say u hustle get that 2 million...if not u could have been thinking on how to protect it by all cost with all cautiousness..OP that money is good enough for u to start something in life and plan for ur future.. instead of throwing it in the hands of scammers perpetrating to be forex brokers...no allow greed to control ur flesh if at all u get small sense.

I have 40m in forex market, allow the young man to take a calculated risk, risk is a prerequisite for wealth.

ControG:
Due date is 13th..still waiting for alert 2/24

check your account else your case is definitely differrent

oliverjiad:
okay with with 3.6m

Jaid

any extra charge because of the upgrade?

oliverjiad:
what's the shipping line and which if the lx sir

Jaid

not bought yet, LX 570, 2010 with 2020 body

[quote author=aspiring44 post=96981569]Please give answers to the question below

Which of the LX?=570


Which lines is bringing it sallaum or Grimaldi=not bought yet


It's the glass and manifest showing 2020=2010, just bodily upgrade

Cost of clearing LX 2010 upgraded to 2020

thattnaijaman:
Invest in FGN Monthly Bond Auction - December 2020
Bonds & Fixed Income

The Central Bank of Nigeria on the authority of The Debt Management Office on behalf of the Federal Government Of Nigeria Offers for Subscription by Auction and is authorized to receive applications for

N30,000,000,000 - 12.50% FGN MAR 2035 (15-Yr Re-opening)*

N30,000,000,000 - 9.80% FGN JUL 2045 (25-Yr Re-opening)*



Auction Date: December 16, 2020

Settlement Date: December 18, 2020


Summary Of The Offer

Issuer:

Federal Government of Nigeria ("FGN"



Units Of Sale:

N1,000 per unit subject to a minimum subscription of N10,000 and in multiples of N1,000 thereafter



Interest rate:

For Re-openings of previously issued bonds, (where the coupon is already set), successful bidders will pay a price corresponding to the yield-to-maturity bid that clears the volume being auctioned, plus accrued interest from the original issue date.



Interest payment:

Payable semi-annually



Redemption:

Bullet repayment on the maturity date



Status:

1. Qualifies as securities in which trustees can invest under the Trustee Investment Act

2. Qualifies as Government securities within the meaning of Company Income Tax Act ("CITA" and Personal Income Tax Act ("PITA" for Tax Exemption for Pension Funds amongst other investors

3. Listed on the Nigerian Stock Exchange

4. All FGN Bonds qualify as liquid assets for liquidity ratio calculation for banks


Security:

FGN Bonds are backed by the full faith and credit of the Federal Government of Nigeria and are charged upon the general assets of Nigeria


How To Invest

Kindly download, print and complete the tender form.

The duly completed form should be scanned and sent to:

ievbosomon@dunnlorenmerrifield.com or bbhadmus@dunnlorenmerrifield.com

* (1) The DMO reserves the right to alter the amount allotted in response to market conditions

* (2) Retail Investors are encouraged to participate



Proshare Nigeria Pvt. Ltd.

Please is this reopening or a new bond

emmanuelewumi:
Little drops of water makes the big ocean, the journey of a thousand miles starts with a step

Slow and steady wins the race.

Thanks for the encouragement. eyes on the ball

ositadiima1:
If I had that ur 300 or 500 mil u have been accumulating, I would have distributed it in the stock market earlier this year when prices were at their all time low. Stocks like dangote cement, zenith and okumuoil etc would have served all the diversification I needed. And just be a dividend collector for the next few years. A guaranteed 20% annual return plus asset appreciation would have been used to pursue this other riskier investments.

Dangote cement because Nigeria is a developing country and the need for building and construction materials will be in demand for a very long time. Also because the company is well established and will be very hard to be overtaken by new comers.

Zenith, well, any of d FUGAZ would do. The Nigerian banking sector is kind of solid, almost all monetary transactions go through banks.

Okumuoil is into the agricultural sector.

Don't mind my rambling, my views are usually very simplistic and I maybe very wrong.

At no time have I claim to own 500m, am only struggling to own a billion despite devaluation of naira, I just need that billion naira. I don't have 500m anywhere.