₦airaland Forum

udysweet:
Tnx a lot my broda. But pls dis is a 1st for me. My question is; is dis all I get on 500k for 91days,I mean the 12,201 naira? I tot dey say its usually 10 percent of the total amt invested? I'm lost o ,lol!and yes dey hav taken the 100 1st,d oda 104 naira hasn't been deducted yet

if is 10% u get 50k divided by 4=12500, since it's 91days. but urs is possibly 9. Somthing percent

udysweet:
Infact I was gonna type smtn close to urs wen I saw ur post! I invested 500k dis week on TB(first bank) and I was debitted same amt next day. Just got an alert now creditting my acct wit N12,201.17. Pls can sm1 help and interprete dis for me:is it wat I'm to get for d 91days I invested? Pls o house help,God bless

that's what u get. I hope they have taken or will take about N100 and N104 custodian and transaction fees respectively. U get ur 500k back after 90days. That's why some of us believe that we get d intrest upfront. Cheers!!

NairaQuest:
I am amazed at how many Nigerians live with illusion that TBill interest is paid upfront, please read the below from the U.S. treasury bill website with particular reference to the Key Facts

https://www.treasurydirect.gov/indiv/research/indepth/tbills/res_tbill.htm

whether a cup is half full or half less, depends on ur view point.
Lets say a man borrowed 100k from u at 10% intrest, in 360 days. He might decide to giv u 10k now an bal 100k after 360 days or pay back 110k at maturity. The former is d case of tb. pls experts in d house what do u think? We are all learning smh

unite4real:
Your analysis is not make sense to a lay man like me, the 10% you talked about is not of N90,000 but of N100,000. in order words, if you have been given your true yield which is 11.11%, then i can buy your argument. as long as what i get is 10% of my capital of N100,000 and not N90,000 then i understand that my interest is upfront.

well, just my lay man understanding.

seconded. Cos true yield , to me is meaningless if inflation is high.

He might be correct technically base on what we call 'apparent image' in physics. But the 'real image' is that u collect ur profit from tb upfront

yemmit90:
I dont think is an expert as you said. He negletected the face value of actually investment upon which interest is being calculated and came up with such pseudo analysis.

Check again the example he gave concerning borrowing from friend, you will see there is no correlation between what he was saying and TB.

i agree with u. Just recently i bought tb of 500,000k, at 10% in fbn. D full amount was deducted and 10% credited to my a/c d next day

Nigeria's Donald Trump is out!
Obasanjo is out!
Obasanjo set to expose Buhari
Former President Obasanjo is the only one to rightly expose Buhari’s negative past records of public accountability,and “Baba is watching every move and might hit the blogs at the right time with documents that would shock the nation,” a source disclosed.
A reliable source told International Guardian that “Baba is watching every move and might hit the blogs at the right time with documents that would shock the nation.” For instance, Buhari as the chairman of the Petroleum Trust Fund (PTF) between 1998-99, Buhari failed to account for a missing 25 billion naira, confiscating all related documents and obstructing all investigative channels. Buhari’s refusal to corporate with investigators, and again, confiscation of related documents jeopardized any attempt to immediately probe him.
On assumption of office in 1999, Chief Obasanjo disbanded the PTF and found that the funds that accrued to the PTF stood at N 181 billion. It was also found out that the consultants appointed by Gen Buhari as the Executive Chairman had fleeced the country of funds running into billions. In 2000, Obasanjo’s regime set up a provisional committee to probe the affairs where Buhari’s fraudulent activities were blatantly exposed. Information from Obasanjo’s camp thus far indicates that the current drums of war over “who-stole-what” may not look good on the general, it was gathered.
Obasanjo’s dossier also included documents linking key Buhari allies and colleagues in his administration to major fraud related tom other affairs of the government. In a reaction to the current issues, an informant close to Obasanjo’s camp simply told International Guardian’s reporter in Abuja, “Baba dey kampe,” a common phrase about readiness for action, often attributed to Obasanjo.
See more: http:// www.guardiannews usa.com/ corruption-wars- -obasanjo-to-ex pose-buhari.htm l

feelamong:
Did you ask what rate are they willing to roll over for you? usually at the expiration, you money drops back into ur account unless you indicate that it should be rollover..

yesterday i assisted one of my friends to purchase 85days Tbills at 10.5% in the secondary market..

i doubt if the 91days will do more than that in the auction today...

thanks, ur comment is helpful

silvoice:
Guys my tb matures 23 july. Fbn say I should come and rollover. Any idea of the likely stop rate for d next aution so that I can decide whether to invest .

still waiting 4 ur resppnse. If I do not go to the bank cos am very busy now, will dis money be paid back into my account or will they rollover automatically, cos I did not indicate rollover. Nor termination. When I filled their form?

Guys my tb matures 23 july. Fbn say I should come and rollover. Any idea of the likely stop rate for d next aution so that I can decide whether to invest .

BANGERLEE1:
Now you want me to tell you how u can do it...very simple all u need do is
I don't really know!

so this issue is this difficult? That NLanders can't help. Well, that means I will try Google. Google has always been my friend

zealot4me:
The posters above me tho



@Op: pre-intimacy is very important, make sure she is interested in making love with you cos getting wet works with the mind.

Try to be very romantic (no be say u go dey drag her pata like say u wan strt gen)

If it doesn't work try lubricating oil....
Good luck.

i jus hope that lubricant wil work cos i tried more than thirty minutes of pre-intimacy and she was wet, but shouts as if am burning fire on her waist when i tried fixin it. It scares hell out of me. Thanks anyway

vfactor:
Do you know me??

yes, cos u ar a nairalander and we ar all friends

missyruq:
Hmmmmmm

pls say sometin

vfactor:
If u were my friend I would have helped u!

are we enemy?

Heh guys i succeded in geting her into my bed after what look lik a decade of promise and fail.
D problem was that my joystick could not go in, cos her congo was too tight and she said it was unbearably painful while i was tryin to fix my joystic inside.
She said she is a virgin but I never believe her, cos she is 30yrs according to her. In this generation? Could it be true, though she is a dedicated christian?
What other thin could make her honey pot so tight that i was frustrated after abt an hour with her on my bed? If indeed is virginity, it's obvours that she is now willing to let me have her, but how am going to break that barrier is what i don't know, cos she complain of much pain even without any blood from her virgina. Pls lady's surggest sometin 4 her, so that i wil tel her to do it.
Real men here, any advice 4 me on how to make my dream come true, cos she mean so much too me and i love her so much, hence would not want to hurt her.

CallPolice:
IF buhari fails, we all are failure. Jobless goat.

hahaha! are we this helpless?

libertyfather:
What is this one saying?

exactly what you read.

i never liked ex military presi., Composition of apc, not to talk of votin pmb

mikolo80:
I'm sure op believes he has made sense.how does a list of corrupt men hinder our development.?that you have no blue how to survive without federal handouts does not mean the rest of us are as totally bereft of ideas to get shitt done

he can't be using corrupt people to fight corruption. May be is me and u that he wil be fighting as being corrupt

bakila:
Which document did G7 list out those guys? Abi na common sense you carry arrive your destination.

google is ur friend

amnesty7:
You are either an Orubebe or a saTANist.

I am non ok?

SHOCKING REVELATION
THE RICHEST CORRUPT NIGERIANS
As G7 leaders compile a list of corrupt leaders in Nigeria who have more than a billion dollar worth of property and investment in their countries all over Europe.
Guess who tops the list?
1. Obasanjo
2. Atiku
3. Tinubu
4. Sylvia
5. IBB
6. Amaechi
7. Ibori
8. Bankole
9. Odili
10. Dariye
11. Iwu
12. Oshiomole
13. Kwankwaso
14. Bafarawa
15. Abachas
16. Danjuma
18. Akighbe
19. Dikko
20. Bamaiyi
21. Wada
22. Useni
23. Dalhatu
24. Okorocha
25. Ngige
26. FFK
27. Agagu
28. Borishade
29. Bode
30. Jega
...
The list of those whose investments are below a billion Dollar is endless...
You can now see the reason our President suddenly went dumb after his meeting with the G7...
Our Youths can now understand why it's impossible for us to have a guaranteed good future under these current crop of Leaders.

Ur diverse opinion are welcomed

CLOSED

donddeus:
I have a book I published .

Name of book: THE CIRCUIT OF SUCCESS
ISBN : 978-2579-15-3

The publisher gave me a low quality production an I am looking at republishing the book to make it fit for a better marketing. I have made the market available since I have gotten the CATHOLIC NEWSPAPER marketing firm to accept to market this book in PH and I have met with some pastors as well whom accepted to announce the book in their church but now I spent all I have in my first low quality production and I am looking for someone who will be interested to sponsor the republishing for a 50/50 revenue share or a loan of N280,000 to pay back N350,000 in 3 months.

I live in Port Harcourt and my name is IGBOKWE THADDEUS
Phone 07039187200
facebook: https://www.facebook.com/igbokwe.thaddeusugochukwu


if you are interested or you know anyone that will be interested pls call me or text me for more clarifications.



thanks.


Pls no joke and no saucy comment

If someone decides to give u money to publish ur book, what collatral security do u have

I have met with some pastors as well whom accepted to announce the book in their church but now I spent all I have in my first low quality production and I am looking for someone who will be interested to sponsor the republishing for a 50/50 revenue share or a loan of N280,000 to pay back N350,000 in 3 months.
if you are interested or you know anyone that will be interested pls call me or text me for more clarifications.


Save urself from more heartbreak. Jus sale d low quality ones

thanks.


Pls no joke and no saucy comment[/quote]

gabe:
I want to ask one mumu question, please bear with me. If one buys TBs at a certain %, say 13% for 91 days, can d govt thru CBN just up n say, TB interest rates r too high n cut it to say 5%? Or worse still, redominate d naira n ur 5 mill for instance bcome 50k?

this mumu question needs mumu response, gurus help

Hi my good people of NL, I have apply for TB today against 23/4/15 at fbn. As a beginer, I have to go with bank rate. Didn,t even bother to ask d rate, but hope to get a good rate since dey would be bidding on my behalf. Thanks to u all 4 introducing me into this.

Royal155:
Forget FBN Capital. Just walk into any first bank branch and open a savings account with them(that's if you don't have one). Tell them you want to apply for treasury bill and they'll give you a form to fill. Their minimum amount is 100k.

Happy investing

thanks

Hi NLanders, I want 2 open a TB acount with N500,000 at FBN capital. They said d minimum is N1m and I don,t have up to dat amount. So dey wnt me to invest in Fix deposit. Pls advice me

Kashif:
Replace the spring only. Had a similar experience long time ago, only spring was replaced, and car became stable again.

thanks. Novice lik me wil always here frm car-talk b4 i do anything on my car. No matter how small or cheap the car is. Cos NAIRALANDERS here tru me saved my elder brother's Infinity Fx's engine, that i wil never forget