Biafran4life:
Pls what is the name of the dumbass handling the affairs of Bank of china.How can he come out with such policy for a country of over a billion people,with over 3 trillion dollars reserve and when everything is pointing towards digital currency.He needs to be sacked

Biafran4life:
Pls what is the name of the dumbass handling the affairs of Bank of china.How can he come out with such policy for a country of over a billion people,with over 3 trillion dollars reserve and when everything is pointing towards digital currency.He needs to be sacked

Biafran4life:
Why are you posting this?You forgot Nigeria CBN governor is clueless and dumb.He is the reason naira is failing because all this his ban

bjtinz:


Yeah, it's likely.

Honestly I don't know why CBN doesn't increase rates to at least double digit (personally I think rates should be 13-15%, ie close to the inflation's)

That way, it would at least stem some of the mad rush for dollars.

Tobex4realTobex234:
They have come for Abokifx..

Foodempire:


Kindly furnish us with the Tbs auction results of yesterday, thanks.

emmanuelewumi:



The 2036 was in the first table sent to me by Stanbic IBTC Bank

PresidentBuhari:
Thé power of the dollar to Naira
It is incredible how Naira has lost value, I just checked the USD I bought at N370/$ has gained over 41% against the Naira since March 2020 till date.

Meanwhile Sukuk bought at 11.2% interest hasn't even done 3% and it matures 2027.

emmanuelewumi:



Thank you for the explanation, he should be able to get roughly 19,500. I gave allowance for the commission and other charges

But why selling at a discount.


From Stanbic IBTC Stockbrokers.


The bank has a better yield

keeper303:


Thank you very much for the detailed explanation.

keeper303:


You didn't get my question. When one ask questions it is not only for the benefit of the person who asked the question but for other newbies to benefit too. You quoted 2 figures -bid and offer, assuming I want to invest #2m in the 12.4% bond, how much will I pay? I know I will still get interest of 12.4% dividends in a year, paid twice every 6 months. Google will not show me this. Thank you.

emmanuelewumi:



Just be prepared, nothing should come as surprise

Entrepreneurrr:

I am a newbie here, i read some information about t-bills.
I ask firstbank today about 91 days tenor and they said is 2.5000 which i did not understand what they mean.
Can u pls enlighten me and the best banks to invest with?

Foodempire:


Kindly furnish us the TBS auctions results, thanks

NL1960:


What's happening in Jan 2022?.

ukay2:


One needs to start investment early to achieve this....

emmanuelewumi:



You will be the big man in the village and you will spend money on the less privilege that looking up to you in the village. Do you also consider medical costs in the village. Lagosiana bring their aged parents from Ogun, Delta, Ekiti, Anambra, Kwara and all over the country in order to get affordable Medicare in government hospitals

Instead of looking at cash as the basis of retirement, I look at having income generating assets or investments that are valued at 25 times the annual income of the retiree

Lazyyouth4u:


Exactly what I thought.

Lazyyouth4u:


So someone making 1m a year should have 7m to retire on? 7m to last for 20 to 30 years

You for kukuma just add caveat say this list is for people making 10 million and above

PerfectMatchNG:
Good morning
Where is Emma, it been a while we heard from him

Foodempire:
Anyone with the yesterday rates should kindly share. Or was there no tbs auction yesterday?

condomuser:
With dollar hitting N520, all the profits on fixed income looks like a silly move, which kind wahala be this

XiaoLi:
Yes it dropped last evening.

XiaoLi:
Coupon on FGN 2045 bond which is supposed to drop on July 24th is not received until now, I used FirstBank.
Did anybody else experience this?

emmanuelewumi:



Today is Tuesday,

XiaoLi:
Coupon on FGN 2045 bond which is supposed to drop on July 24th is not received until now, I used FirstBank.
Did anybody else experience this?

emmanuelewumi:


I got 13.25% in the last FG bonds auction in the primary market