freeman67:
See this ones.

Awesome rates

Try this

amordi:


182dasy - 12.21%
267days - 13.51%

Always comes with a poor rate

amordi:
Now Open | MTN Nigeria Communications PLC Up to N52,895,846,000.00 Series 8 & 9 Commercial Paper Issuance and scheduled to close on Friday, 3 November 2023

Your input guys.

Rates?

Wotowotoman1:


You really believe that costs no dey go up with hyperinflation and rapid devaluation of the Naira and that your 5m will make you live to dey like Femi Otedola forever? Even today, 5m is no longer a lot of money. It’s less than 5k dollars. And purchasing power of the Naira dey drop steady everyday. Na wa o.

Again, how can somebody work like mad to make 500m and only be thinking about how that money will feed him in old age? No thought about how to make the money grow, preserve am or even to leave some for his children and grandchildren? Na only feeding yourself be wetin dey your mind. Please are you high on drugs abi you dey beer parlour

It seems you are new here if not you should know that i dont want to be like any other human. My responsibility to my kids are getting them the best education anywhere in the world their heart lusteth after and they can secure admission.

Aside food, what else should we want in life?

The goal is to sustain life and nothing else, no competition at all and it's very unwise to start building refinery after 60yrs on earth with the intent of making profit.

Set a goal and work it out and rest. You can't outdo the world

Wotowotoman1:


I don’t quite agree. N500m looks like a lot of money but it is actually less than 500k dollars. Imagine someone that worked hard to make 500m when it was still a lot of money ( 5m dollars at 100naira) and then stupidly kept the money in a fixed deposit or t bills to be making 10%. He has just watched his hard earned money go from 5m to 500k dollars and possibly 50k dollars in a few years.

Go and read about countries with hyperinflation and you be will understand that planning to live on interest is a very stupid man’s way of looking at money

I am "stupid", no change in plan after reading this, it's unwise to criticise a "stupid" person without providing a sensible alternative making you look stupid.

If I get 500m at 60years, I have about 30 or 40 years to live, kids are done, house in my village is certain, all I am after is my satisfactory retirement life with my fellow villagers.

I need to be changing cars at least every 5yrs, my only worry is feeding and charity which is a function of what remains after taking care of my needs.

Look at me and say that 5m a month wouldn't feed me in next 30years.

Remember, the older you get, the less you eat.

Now to the unwise one, what else can be that stable in this your Nigerian economy of trials every 4 years?

Aside crime, nothing thrives, ask dangote why he is so fraudulent(unfair pricing at monopoly) despite govt patronage.

I need peace of mind at all times and it's personal meaning only my ways can achieve my peace of mind, outcome inconsequential as long as I can eat twice a day, roof over my bald head and any means of transport to move around my village in search of fresh paint.

RayRay06677:
Stolen 25/7/2022 at Uyo, Lexus GX 460. Any info is appreciated

Car was recovered via native tracking system.

Wotowotoman1:


Have you ever heard of something called inflation

How long do you intend living on earth, the amount I mentioned will still be relevant in this our lifetime as long as you live a responsible life and not indulge in drugs.

emmanuelewumi:


Start a business with your 500k.

He meant 500m but disguised for security reason.

500m, minimum of 10% will give you minimum of 50m which is over 4m per month.

4m might go along way, good luck

IamR:

Pls have you heard anything?

This is the feedback I got though I dont understand the message

" They alloted for all retail inevstor, They are still perfecting submission with NGX"

What does that mean?

freeman67:
I have tried to post twice about the SUKUK VI but couldn't because I was attaching a document from the DMO.

SUKUK VI was over Subscribed. They offered N150 Billion but it was subscribed for about N652.827 Billion. So they have decided to allocate N350 Billion to their diverse subscribers. I don't know how they intend to do it, not stated there but the N350 Billion could be collated either on pro rata basis for all or the retail investors could given priority and what's left distributed to the institutional investors as usual.

On the part of the issuer, that's excess of about N200 Billion. I just hope it is well utilised and not squandered/looted.

On the part of the investors, it would be disappointing for some who might have pooled out funds from other existing investments for that purpose.

I don't know what's keeping the agents/arrangers/banks and investment houses from Informing their customers of the out come.

Too much money in this country.

Real sector not stable for investment so everybody is comfortable with the only one that's stable though depreciating, imagine all that surplus chasing dollars now, no change soon. We will keep going down until govt start respecting it's laws by respecting court judgement.

Adinije:
Pls, how long does Sukuk allocation take?

It's my first sukuk, equally waiting for this answer,

Thanks a million for answering

97% church leaders are fake or ignorantly doing the wrong thing but excessively pompous that they refuse to learn making me feel it's deliberate and antichrist in nature.

I am always happy

Always searching for positives in every misfortunes

It could always be worse and I am not the worst though I am not the best, I compete not.

sirrotex:
It's usually once in a year. So you have to wait until next year. That for this year closed yesterday

Thanks

WHEN IS THE NEXT SUKUK BOND?

emmanuelewumi:



You don't just buy a stock and forget about it. You need to buy regularly either daily, weekly, monthly, quarterly or annually depending on your cash flow.


Some investors Investment income is higher than their annual salary or annually profit from their small businesses.


The good thing about it, is that if you have high quality stocks they are acceptable as collateral for loans that can be used for personal needs and business expansion

Like I said, I hate investing in anything I don't understand perfectly..

I buy and hold as I can't predict when to buy and sell, any one I buy is for life, not selling.

I want to invest with my kids account on the upcoming SUKUK so that will take care of their education

emmanuelewumi:



Don't you have a Stockbroking account?

I do but can't predict hence don't indulge, took worthy risk with mtn and got lucky.

emmanuelewumi:



No idea.


Hope you are also into the stock market the upside enjoyed from January till date is crazy

Mentor, I only did MTN and not regretting it till date, since it was my first, I only bought few millions worth. Waiting for next auction.

emmanuelewumi:



The coupon should be minimum of 16%

Sounds good, when are we expecting it?

emmanuelewumi:
What are the investments we are making in October?

Expecting the SUKUK bonds as advertised here.

What are the rates we should be expecting?

Kobojunkie:
There is no truth to that claim at all. The word " Christian" was coined by pagans in Antioch, and it was eventually hijacked by the Pagan emperor of Rome, Apollo, who, in conjunction with greedy and politically minded bishops led the way to the creation of a religion by which they could rule over the associated movement.

true to you but to real christians, we are followers of christ hence the name christians, whoever named us christian is inconsequential but they referred to those following christ. like you will say "marlian" in naija today.

Kobojunkie:
Well, the religion of Christianity is not in any way connected to Jesus Christ who made this clear over 2000 years ago when He was recorded to have said that all doctrines and traditions of men are lies. Anyone following the religion is not of Jesus Christ and probably had no real intention to know or follow Him.

2. Well sure, but religion strips men of the ability to reason things for themselves hence the reason why the scammers thrive.

followers of christ are called christians and i am one of the few alive. "not all that call Him fada will enter the kingdom" not all that dwell in church are christians. true christians knows that the heavenly race is not related to money in any way, reason we have rich/poor christians and rich/poor non-christians

Kobojunkie:
Wrong! It means you follow your pastors and mogs and swear by whatever they do and tell you.

welcome to school of theology and not that of prosperity.

i said, if you are a Christian, you should be following Christ and Christ came to meet rich and poor men on earth. to make money, you provide relevant services, simple reason non-Christians are the richest on earth.
that should tell you that wealth is inconsequential in the Christ equation.

you need money, use your head, think and provide solutions to man's numerous problems.

RepoMan007:
Economics is an offshoot of theology.

if you are a christian, it means you follow christ and christ came to meet economy, people like Abraham were already in the street hustling, killing and taking peoples possession and bribing the king with certain %
christ didnt come to preach economy but redeem loss souls

Theology and Economy are not related in any way

While theology search for souls, economy search for money but our economical clergy seems to be searching for both but lie in the process to fit the purpose, relegating theology to promote the prosperity teachings.

Money is man made, can not define God

If money can define your gods then the world bank akin to emefiele that year can remotely control your gods.

Theology and Economics have nothing in common

freeman67:


Just make sure it's a commercial bank and not microfinance bank sha... So they won't be stories that touch. I have been out of TB for a while too. I have Concentrated more on CP even though it's riskier.

Please what are the risk associated with CP?

Donbrig:
Very discouraging that nobody even bothered to answer someone who asked a question about treasury bills in a treasury bill thread, it is unfortunate to see questions on other topics that doesn't even belong to this thread are swiftly answered with long epistle...

Same situation that is killing our country Nigeria, leaving the main issues and tackling irrelevant issues that doesn't impact the lives of Nigerians. That's exactly why we are where we are as a nation.

@Cutedharmee, I believe the next treasury bill auction should be next week Wednesday, you can send your application before 12 noonTuesday next week.

You might be right, greater percentage here stop doing TB about 3yrs or more ago.

When we don't have express answer, must we lie or ASSUME with wrong answers to make us happy. Better left unanswered than passing wrong information. My thoughts though.

In general, folks here are doing just great, a deviation from an average Nigerian or nairalanders. They attempt all questions and that ain't bad.

You would have answered without scolding members as nobody is paid to answer questions. I only beg for answers when I ask, not my inalienable right to get answers.

Now the real problem with nigerians is the ENTITLEMENT mentality.

freeman67:


Mail the investment house through which the fund was made for confirmation.

Did that via phone call, was asked to give 2 more days.


Luckily it arrived today, everywhere stew stew

ALAGBAKA POWER LIMITED
₦4,200,000,000 [19%] FIXED RATE BONDS DUE 2029

The above bond was due yesterday being 13th September but I just can't find the money anywhere.

Just asking if anybody got paid?

Thanks.

Foodempire:


What is the name of the instrument per se? Do other investment house offer such? I've been getting only 9-10% from fbnquest mmf, I need something better.

LIKE I SAID, ITS LIKE A FIXED DEPOSIT AND IS INHOUSE, SOMEONE MENTIONED EARLIER HERE THAT HIS OWN INVESTMENT HOUSE GIVES HIM 20%

Foodempire:


On which investment?

structured investment, more like fixed deposit