₦airaland Forum

Emzedz:
People wey invest till 2030 something.. if naija break up by then.. wetin go happen to ur funds

Same reason I didn't attend NDA because I believed nigeria will break up before I graduate. This country is indissoluble.

We ain't tense at all as it was under IBB and Abacha.

But if we dissolve, experts, what happens

Assets and liabilities will be shared - my thoughts.

freeman67:
Available commercial papers for interest persons.

Bros, who is handling this investment, is afrinvest involved

maziemeka2024:
In the form I was clear that I wanted the interest to be paid.

Still find update on the current rate on the cbn website.

Human Error

maziemeka2024:
Pls what's happening with treasury bill. Applied for 6 months was debited, but did not receive any interest. And I can't find the current rate.

Likely a compounded case, interest invested with capital, all due on maturity.

RayRay06677:
Sukuk??

13th October

Any update?

Received yesterday, 5 days after.
First bank.

Sukuk??

13th October

Any update?

phemmie06:
In whose interest are you shutting it down?
Labour betrayed the nation.
What was the position of labour when the account of the end bad governance protesters were frozen and when the protesters were arrested?

Labour is fighting for the civil servants but end bad governance protesters fought for all

The chairman of TUC is the president of PENGASSAN.

They dare not, locking up the oil wells for an hour alone is enough damage to Tinubu personally.

Levels dey for everything.

Denalarian:
Hope the man was praying for a wife!
Even the pastor said you're in trouble o!

NO, God decided to punish his sins with a gift of a woman

freeman67:
Unfortunately, all these 3 that were in my sent to my mails from previous weeks expired last week. Then I don't have any fund for it. Now like you I will be looking for anyone between next and upper week too.

Maybe @ernie4life go help if anyone available presently if he gets the chance to come around. Let's wait and see.

The last one is lucrative. Thanks and let's hope for something new for the incoming week.

Please kindly share commercial paper investments here, Thanks

He died as a result of bad govt (poor medical system)

I am sure he geared up against end bad govt protesters.

No comment, when I die, he should not comment.

What's the cost of this design on a fence of 220sqm?

Thanks

khunz:
Good Morning
Pls any idea of T bills rate today?
Thank you

I thought we are having primary auction today?

Meanwhile, for secondary market, rates for a day comes up from 10am.

FGB 2038 just dropped

RayRay06677:
FGN2038

Any information on this expectation?

I wasn't lucky, what's the modus. Was due for today but no payment. Is it possible for weekend?

awesomeJ:
It depends on why you want to buy.
The bank's books look healthy:
PE is just about 2.5x (Q1 '24 annualized, avg price of N10)
gross earnings and net earnings are both up about + 100% yoy
PBV is 0.69x
Total assets are nearly $5bn,
shareholder's funds at about N467bn,
I do not have the NPL figures but I expect it's under 7%

However, I should add that while these numbers are cool, there are banks with even cooler numbers. some with PEs as low as 0.3x, and PBV of like 0.25x.


The risk of license revocation is almost non existent for FIDELITYBK as the bank isn't in distress., maybe highest, they may sack the bank's management if anything(like MD and CBN director are dragging land ).

When Skye Bank went under, the terrifying numbers had been showing in their books for years prior.
Heritage Bank isn't publicly traded, so their books weren't as open, But anyone who know the history from OmegaBank to SpringBank to Enterprise Bank to Heritage Bank should have said "That's not why I came to Lagos "
There's still another bank that has been operating without any money of their own (negative shareholder's funds- they are deep in debt) for years now, the mystery of why that banks keeps surviving regulatory hammer is only understood by nigerian poiliticians.

Thanks bro but I ended up confused. Thanks again.

Wotowotoman:
After all these years, no be you suppose to dey advise newbies on how to go about these things? Oga, na wa for you o…

This my friend sef, I have said it many times that the only shares I have is MTN, I dont do shares, reason being i dont indulge in things I dont understand except I am outrightly gambling which I dont wish to do with shares.

So you can help if you even know anything about shares.

FGN2038

Good morning good people, please let the masters help ascertain the strength of fidelity bank.

How advisable for one to grab their shares?

Thanks

Happyfellow147:
Good morning Seniors
Please I need a contact at Afrinvest or Stanbic Ibtc

Kindly share someone you are using that is responsive please.

send them a mail for your enquiry as sharing number given on trust with a 3rd party is not ideal unless approval expressly gotten from the owner of the number.

Sorry about that.

27 Gerrard Road,
Ikoyi, Lagos State
Tel: +234 201 631 2940

Plot F/4A Sani Abacha Road,
Opposite Bougainvillea Hotel,
GRA Phase 3, Port Harcourt, Rivers state
Tel: +234 201 631 2952

Oakland Centre
No 48, Aguiyi Ironsi Street
Maitama, Abuja FCT
Tel: +234 201 631 2954

109 Upper New Market Road,
Trinity Plaza DMGS Roundabout, Onitsha,
Anambra State
+234 201 631 2969

No 7 Bompai Road,
Nasarawa, Kano.
Tel: +234 201 631 2947


info@afrinvest.com


Lagos: Deborah +234-8035223512
Port Harcourt: Taiwo +234-8087184771
Abuja: Bola +234-9095041827

predictor1:
No, we will not. We will call him a pedophilic gay. Obviously someone like you have no problems with such behavior.

I doubt you will spend time thinking how a man and his sons run their business.

And from records, no such reports had come to my notice, only father and daughters and very few mothers and sons.

Show me where people of this clime were ever bothered about a father and his sons relationship.

predictor1:
What is the fault of the female child in this? It's about the father. So if you have a female child, is that an excuse to objectify her?

If he did that with a son, we will all go to sleep but since its a girl ..........

The only crime here is that the little chap is a girl.

I am still thanking God that I didn't have a girl child.

Its more difficult to raise a girl child.

.

awesomeJ:
In 5 days.

Thanks boss, that's Wednesday. the 8th of may?

Please when is the next treasury bills primary auction?

Thanks

freeman67:
Nothing serious sha.

First of all, I did a termed investment with them recently, it matured and my money was not paid complete as stated it was stated on the terms. It was short though for an insignificant amount but that was the first time I have experienced that. They was not reason at all to do that. I complained and there was not tangible response.


Secondly, arbitrary charges on CP'S. I have done several CP's with different firms. The cost of CP is to borne by the issuer just like Primary Market TB and FGN Bond. However, with them it doesn't suffice. They will charge the customer and him they are just stock brokers.

Thanks boss

freeman67:
Wow..Thanks. I tried contacting FBNQUEST and DLM itself about but I didn't get any reply from them and I don't like to do anything of that nature with Afrinvest again.

Please help a brother, why are you avoiding Afrinvest?

Mindlog:
Buy a house in the UK in one year, working as what?

Narcotics agent

Wotowotoman:
Sometimes I wonder if you just dey chase clout or if you no just bright. How can you claim to be a man in his 50s approaching retirement that has been on this thread for several years and yet you sound so naive about investing.

Always asking very basic questions about investing and claiming to make mistakes and needing advice and encouragement. Something doesn’t add up abeg. You are most likely a troll!

GUY,
YOU SANE.
KEEP IT UP.

awesomeJ:
Have they changed the meaning of "Luckily"? 😁😁

Luck: was able to attain a major milestone in my investment life and lump summed everything in January for a lil above 15% till 2038.

Reason I am broke yet considered myself lucky.

Thanks to everyone that's encouraging me here.

sirrotex:
What are the applicable taxes that would apply

WHT at 10%

And service charge from the entity carrying out the transaction for u but likely in the range of 0.075% or thereabout.