awesomeJ: I think average yield for this year may not exceed 14%.
We opened this month with $42.3bn in reserves. We're likely to end at $44.3bn or higher, so we can afford to be proud.
Oil prices are also behaving as you've mentioned.
Bonds and mutual funds are available alternatives for the risk averse. Some of us who are more aggressive love equities.
It's important that people take the advice here whenever it's stated that we lock up for long tenors.
I however acknowledge the fact that some of us who locked up earlier have new funds now that need to be placed.
Markets are in cycles
the last line na hope shaa...
see bond market aaaaaaaaa!!
Bond Auction | Scheduled 27th March, 2019 Issue on Offer/Summary The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), will be conducting a bond auction on Wednesday the 27th of March 2019. The amount on offer is expected to be within the range of NGN90bn - NGN110bn. Both instruments on offer are re-openings and will be offered as shown below: 12.75% FGN APR 2023 (5-Yr Re- opening) NGN45bn - NGN55bn 13.98% FGN FEB 2028 (10-Yr Re- opening) NGN45bn - NGN55bn
I want Emefiele to get a second term. I'd like for him to yet be there while we have the transition from an importer to an exporter of refined petroleum products.
Some folks had oil above $100 a barrel, there wasn't much they saved from it. instead we heard reports that as much as $20bn wasn't remitted by the NNPC.
these guys have done quite well with a $70 price regime. so i'd like to see what he'll do with the exchange rate, when fuel imports are no longer in the picture.
It's very likely he gets another term as I am trying to influence things in that direction.
bettercreature: Moghalu did not understand the lady very well,What she was saying is, Moghalu should have teamed up with Atiku to defeat the clown in power instead of creating another party to share the votes
a man that could not understand that statement wanted to rule this country!!!
and some people call BUHARI A DULLARD!
"CLOSE your mouth and let all think you a fool; open it carelessly and confirm their assumption"
what did this mango-head do for Nigerians when he was in CBN and what is he doing right now twitting
perhaps they didn't understand the question at that time..
they seem to forget that some graduates went through 3-5 years in school without studying anything related to Biology (political, and other pure arts, maths & statistics, etc)
the should laugh at the moment but not at our education system...that would be very wrong!!!
Ex-BBNaija housemate, Uriel Ngozi Oputa declares she is a celibate and she hasn't had sex for 3 years. Gistvic Reports.
Uriel said she broke her virginity very late when she was 19 going to 20. She said, to her that was late because her friends broke theirs at 12 and 14. Gistvic Reports.
She said her choice of been celibate came from her last nasty breakup. She also claims she was a good kisser and do practice her kissing on her hand since when she became a celibate. Gistvic Reports.
laurel03: presidential vote diff from governorship.. Case study Southwest in 2011 voted for GEJ and in governorship election they voted against pdp governors candidates for ACN candidates. What happened in North against Atiku, majority don't like him and see him as symbol of corruption and unholy person even Atiku margin in is state was poor. Atiku can't win death PMB in Kano,Sokoto, Kastina, Kebbi and other far North
well said O! I was a PO in SW during 2011 elections..so true!
Buhari, THE CONQUEROR OF BIAFRA! The man who saved the North from losing the oil wealth!
Awesomemama: With this back and forth discussion about the i-invest app Few days back I got a call from a supposed customer care rep from sterling bank asking why I'm yet to invest on the i-invest platform, cause I downloaded the app Few weeks earlier just to take a look at it after I got info about it here. I asked if it's owned by sterling bank and she said it a partnership between the bank and parthian partners. Didn't get a ask much questions cause I was busy, but she encouraged me to update my KYC and start investing.
please, it does not take 30 mins to fill the form at the bank and submit it.
please use the bank.
or mail the bank's customer care and let them tell you the process for you to subscribe without visiting a branch.
LET ME ASK YOU: how do you know it was sterling bank that called you?
walcolm: People who have not taken time to even know what the app does or does not do passing judgement based on the bad experience of one person..
There is no bank in Nigeria today that doesn't have customers who have had so many bad experiences that they have sworn they will never do business with that bank...do we all then start saying all banks are MMM?
PS: that nonsense about I-invest not giving certificate for tbills is out right crap because the app deals mainly in secondary market sales and it's all in digital form with an email acknowledging your cash deposit, tbill purchase, volume, rate and maturity dates
where do people go when the app stops working? i.e: their don't return after the tbills epire?
walcolm: 1. I-invest doesn't give upfront interest
2. They give you email trails of each instructions carried out for you so even if the app is broken you have data external to the app to back up your claim.
3. Hacking the app is not a viable venture unless you leave money in your wallet and hackers use the app to withdraw money from your wallet. If that happens you'll receive an email from the app confirming your withdrawal instructions...now if you leave your phone to be hacked, that's your fault..not the fault of the people behind i-invest
4. The developers make a spread between the rate they get tbills from cbn and the rate they send to you. They make that spread quickly and turn around to buy more to sell