₦airaland Forum

sammiejr:
I noticed my steering becomes stiff when I slow down and try turning (either left or right) but becomes free when I accelerate. Already topped my steering fluid so I wasn't expecting this to arise.
Any suggestions?

Car type: Corolla 2007

Thanks

Your Steering Pump needs to be replaced

Tranquility2345:
And I’m also trying to let you know that only an idiot will decide to keep his money with some kids that say they are first class graduates of covenant university. That’s a very stupid thing to be looking at when investing….

Thanks for the insight

Tranquility2345:
First class of covenant so what? You Nigerians are funny. Oya dash them all your life savings na. Make them use their first class to finish am for you na. Nonsense

I don't know why everything about Nairaland is fight, once someone disagrees with your opinion it is war with very irrelevant statements, I mentioned in my statement that a digital bank was suddenly closed down by CBN and people where not able to withdraw funds, I also mentioned that the owners of Piggyest are first class graduate, these are simply un-biased facts and does not mean I want to put my life savings with them, people can use this facts to make the decisions they want

freeman67:
This is how I see it from my layman point of view. Professionals can define them better later.

I see discount rate as the actual amount of money that's discounted as interest when you invest while Implied yield is the amount/rate you are expected to get if the interest is invested with the principal.

This is how I calculate..Using the picture attached, if I am to invested N1,000,000 in the Series 10 CP, The discount rate is 14.7181% for 268 days.

What I will simply do is to carry my calculator and press;

1,000,000 ÷ 100 * 14.7181= 147,110

147,110 = 365 (Number of days in a year) = 403.041096

403.041096 * 268 (The actual days of the investment) = 108,015.014.

Your Discount rate is N108,015.014. Barring any transaction charges.

This discount/interest rate is given at the begining of the investment. If was given at maturity it will be the actual interest rate. However, since it paid at the begining of the invest it expected that it would have earned same percentage of interest if invested along the principal and that would have resulted in higher interest.

Thanks Alot

freeman67:
Wow, it's still on. The last notification I got on it from coronation was on the 24th of March stating that the funding date will be 29th March. Maybe they couldn't get enough bid so they decided to continue again.

What does discount rate and Implied yield mean

How do I know the interest I am getting?

Dshocker:
The likes of piggyvest issues 12% per annum.

But my problem is that, if they shut down tomorrow, where will the customers or investors run to?

Because Nigeria is a funny country that its institutions are not properly structured.

Don't be surprised that in 5yrs time, the CBN will declare Piggyvest as an illegal institution operating.

You are extremely correct with this statement, do you know that a digital bank called Eyowo got suddenly shut down by the CBN and customers where unable to access their funds, it is very possible, Piggyvest is regulated by Proxy and carries more risk, though the senior management are First Class Graduate of Covenant University

Dshocker:
Feelamong which bank or institution yields more interest rate in a fixed deposit.

And what is the interest rate on Treasury Bills?

Fixed Deposit all yield little interest, you should be going for a Mutual Fund or Bond

I know SFS Fund yield 11% while Stanbic yield almost the same rate

But for Fixed Deposit you will be getting averagely 4%

Some Banks even invest customers fixed deposit funds in Bonds or Mutual funds

Bump

.

.

I hope they signed a prenup

This not Uber or Bolt deal, I actually know the plug, it is a 2 year contract

.

.

The best thing you can do is be a man and refund his money, you can strike up a deal to pay him monthly

And next time do not use someone else's money to gamble, you obviously did not train enough with a Demo account and never used proper risk management strategies

Available

dawnomike:
Makes no much sense to me though... Whatsoever you have given to anyone even if it is to your enemy, it is a gift and should not be taken back!

Good thought but note that the article never mentioned he gifted the house to the inlaws, he merely built his house on his inlaws land

Still available

Supercaddy:
No contact

Thanks, I have added the contact details

Toyota Camry 2007 with No faults for Sale in Ajah

Price: 3,000,000

IranianSea:
The number of currency in circulation is enough. All bank ATMs are dispensing, no queue. POS are no more selling because everyone are using Opay and takes transfer.

You are correct, even Kidnappers have gone back to Business

.

emmasoft:
Yes. Sometimes on the customer's birthday or as it's deemed fit by management.

To be honest, I am not interested in any gift, I have a large amount there and don't need any accounting officer disturbing me, people use this delivery and gift to know where you live, this is Nigeria

emmasoft:
When it comes to withdrawal in mutual funds, the app is not the only method used.
You can also use the web or send a withdrawal mandate.
No investor lost money in SFS, and entry or exist is seamless.

Right now the rate at 11.05% is among the best within the fixed income fund space.

Click the link on my signature to come on board.

You can also chat/call me with the number on my signature if you need further clarifications.

Do you guys give Gift to customers, the account officer has been contacting me to give me a gift

NL1960:
It seems you do not know how the NSE swings. People are taking profits. After 5days of consistent rise, what were you expecting?. Do not forget that many Asset Management Companies have Mutual Funds that are tied to equities. You only make real profit when you sell otherwise it is paper profit.

Amateurs will likely rush in to sell and it will continue to fall. Once it gets to a particular price level, the big players buy back on the low and wait for another cycle to sell. NSE is a yoyo.

If you have a stock and it has been rising 0.5% every day, after 5 days, that is a cumulative rise of 2.5%. Calculate that rise on 1m units of the stock.

Thanks for your Input, it has been understood

NL1960:
The President does not really need to be involved in everything. Look for key areas. Get competent people in such areas and get monthly reports from them for monitoring. If you want to settle political party faithfuls, just push them to low key ministries.

Thanks for your response I just heard that the stock market fell, meaning most Nigerians do not have confidence in him

https://gazettengr.com/nigerian-stocks-fall-on-tinubus-emergence-as-president-elect/

Let's see how it goes

Please I will need some advice here, judging from the fact that Tinubu has won this election, will it be advisable to convert all my money to Dollars or Keep investing in Mutual Funds?

I really don't think he has the capacity to lead this country

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FEGEITOK:
MTN 5G requires a 50,000.00 capital outlay to use.

Starlink requires ( I am told, but I haven't independently verified, a N240,000.00 capital outlay to activate.

Not many Nigerians can afford the later.

Hope this analysis is useful.

There is a market for both companies.

You are correct with the Starlink requirement price, I have already ordered mine