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SmartNYSC's Posts

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InvestmentRe: Treasury Bills In Nigeria by SmartNYSC: 2:11pm On Dec 09, 2024
donshady:
What rate did you get from Stanbic?
My bid wasn't successful but the customer agent said the last rate was 22.9%
InvestmentRe: Treasury Bills In Nigeria by SmartNYSC: 4:08pm On Dec 07, 2024
Itsrm:
Its neither on the investment nor the interest.

VAT is on commission, custody and transaction fees.

Commission is 0.125% of the investment, custody is 0.1% and transaction fee is N100.

7.5% the total of the above is your VAT.
Thank you sir.
InvestmentRe: Treasury Bills In Nigeria by SmartNYSC: 3:19pm On Dec 07, 2024
Itsrm:
Those fees are charged whether it's primary or secondary market. You may not have noticed or it wasn't communicated to you.
Good afternoon. About those fees, I got this from my enquiry with Stanbic.

Please is this 7.5% charged on my investment or the interest?

InvestmentRe: Treasury Bills In Nigeria by SmartNYSC:
Shalom428:
Today's rate
Thanks for sharing.

Can anyone please explain to a layman meaning of each of the metrics or terms?🙏🏽

Modified: I got this from ChatGPT. Kindly point out error from it.

Offer
This refers to the total amount of Treasury Bills being made available for sale by the Central Bank of Nigeria (CBN) during an auction. The CBN issues NTBs to raise funds and manage liquidity in the economy.

Subscription
This represents the total amount of money investors (individuals, corporations, and institutions) bid to invest in Treasury Bills during an auction. The subscription amount often exceeds the offer, indicating high demand.

Allotment
The allotment is the portion of the Treasury Bills that is assigned or allocated to investors after the auction. The CBN decides how much of the bid is allotted to each investor based on the bids submitted and the available offer.

Range of Bid Rates
This refers to the spectrum of interest rates (yields) submitted by investors during an auction. Investors propose these rates when bidding for Treasury Bills, and they typically range from low to high based on market expectations.

Previous Stop Rates
The stop rate from the last Treasury Bill auction. The stop rate is the highest accepted bid rate at which the Treasury Bills are allotted. Comparing the previous stop rates to the current ones helps gauge changes in market conditions.

Current Stop Rates
The stop rate for the ongoing auction. It is the highest rate at which the CBN accepts bids for Treasury Bills in the current auction. This rate determines the return investors will receive.

Change
This is the difference between the previous stop rates and the current stop rates. It indicates whether the yields on Treasury Bills are increasing or decreasing, reflecting shifts in monetary policy, inflation, or investor sentiment.

True Yield/Return
This is the actual return an investor will earn on a Treasury Bill, accounting for the discount at purchase and the face value at maturity. The true yield factors in the holding period and is expressed as an annualized percentage return.
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NYSCRe: Join NYSC Whatsapp For Batch C 2024 by SmartNYSC(op): 9:40am On Nov 23, 2024
It's official. 2024 Batch C orientation camp date is November 27th.
Anticipate!
NYSCRe: Join NYSC Whatsapp For Batch C 2024 by SmartNYSC(op): 1:52pm On Nov 18, 2024
Fetula4u:
Okay thank you
You're welcome
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 1:51pm On Nov 18, 2024
Ogcss:
My name is on the Senate list and graduation list but it's not on the matriculation list can i still register?
How did it go?
NYSCRe: Join NYSC Whatsapp For Batch C 2024 by SmartNYSC(op): 2:53pm On Nov 15, 2024
Fetula4u:
Sir please help out urgently
Am 1993, but graduated last year 2023 at my 30th birthday.
Now I applied today and they were saying I will need to receive Exemption letter from my school
Looks like you graduated before your 30th birthday. There is nothing you can do about it.
NYSCHow To Get Your Nysc Evaluation Letter by SmartNYSC(op): 9:54pm On Nov 06, 2024
HOW TO GET YOUR EVALUATION LETTER WITHOUT DELAYING

The NYSC evaluation letter is a mandatory requirement for all foreign graduates. Without it, you won't be able to register for NYSC.

This step-by-step guide provides a walkthrough on how to get it processed without delay.

👉🏽 Read Full Article HERE
.
Share with other foreign graduates.
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 11:04pm On Oct 27, 2024
mespusinglez:
GOOD DAY BOSS...ABEG I DEY ASK NE...WILL BATCH C BE GOING TO CAMP THIS YEAR OR NOT..MAKE I NO WETIN I GO DO ABEG.
There's no date yet.
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 11:04pm On Oct 27, 2024
anadozie1:
I don pass 30 years but my year of graduation na 2021 of which I'm yet to pass 30 then. Can I be exempted with my current age?
No, you won't
NYSCJoin NYSC Whatsapp For Batch C 2024 by SmartNYSC(op): 6:16am On Oct 25, 2024
Are you looking for reliable updates on NYSC Batch C 2024?

👉🏽 Join this WHATSAPP CHANNEL

Unfollow immediately if you don't find value there.
Share with your coursemates.
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 5:44am On Oct 25, 2024
Looking for reliable updates on NYSC Batch C 2024?

👉🏽 Join this WHATSAPP CHANNEL

Unfollow immediately if you don't find value there.
Share with your coursemates.
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 5:40am On Oct 25, 2024
Hussein052:
Does NYSC accept document stained with oil ?

My statement of result got stained with palm oil at the edge, l don't know if it's going to be accepted at the NYSC orientation camp
It shouldn't be a problem in camp. But baba, why palm oil nah?
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 5:39am On Oct 25, 2024
anadozie1:
Please I need detailed explanation on how to avoid going for nysc and still receive the certificate?
Simple response: it's not possible. If you're above service age though at graduation, you will be exempted from service after online registration.
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 5:37am On Oct 25, 2024
Jeje247:
If I miss out on the coming batch, when will the next batch likely be going for service please
Batch A, February/March
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 5:37am On Oct 25, 2024
Alex505:
Hi, please I have issues with my date on waec.
My actual date is 1995 but 1993 on waec result.
And now graduating this year 24 how do I go about it as waec claims I'm 31
If your question is about your eligibility for NYSC, the date of birth on JAMB is what matters, not WAEC.
NYSCRe: Your NYSC Questions Answered by SmartNYSC: 5:36am On Oct 25, 2024
absool:
I thought I'd finally found a solution when I applied for a change of Primary Place of Assignment (PPA) through my CLO three months ago. But little did I know, another challenge was lurking around the corner.


Fast forward to today, the change has finally reflected, but I'm faced with a dilemma. I've already spent seven precious months serving at my current location, building connections and making a difference. The thought of starting anew is daunting, and honestly, I'd rather stay put.


The Big Question: Will Staying Affect My Final Clearance?

Now, I'm worried that staying in my current place might jeopardize my final clearance. Has anyone else faced this situation? Will I be able to wrap up my service without any hiccups
What really matters is you being cleared and this has nothing to do with the PPA tag on your dashboard. I'd advise you discuss it with your LGI so you can finish your service at the earlier assigned PPA.

About the application for PPA change through your CLO, is that an official thing or na runz?
PhonesRe: MTN 1year Data Plan No Longer Sharable by SmartNYSC: 5:29am On Oct 25, 2024
chineduace:
This may not be entirely true.

It seems it is only 10 shares you can make irrespective of the amount you share each time.
But if you are sharing exactly 5GB per day, then yes, 50GB is possible per month.

I will leave you to your own interpretation
As for me, I'm done with sharing.

https://www.mtn.ng/data/data-gifting/
Thanks boss.
PhonesRe: MTN 1year Data Plan No Longer Sharable by SmartNYSC: 6:56pm On Oct 24, 2024
chineduace:
You can only make a total of 10 shares per month.
Thanks. So this means I can share 50gb per month if each of these shares are 5gb each?
PhonesRe: MTN 1year Data Plan No Longer Sharable by SmartNYSC: 1:10pm On Oct 24, 2024
Raltrending:
Guys our Prayers and Petitions Worked.
Nice one 👍👍👍

I understand one can share maximum of 5gb daily. Please what is the data limit one can share from this 1TB package in a month?

Also, is there a limit to the number of beneficiaries I can share data with?

Cc: Whois noobody
Technology MarketRe: House Clearance Sales.. Come In Here!!!! by SmartNYSC: 3:30am On Sep 10, 2024
Menclothing1:
Cotton shirt 10k only

Up and down jeans 25k only
How can one tell the quality of the shirt please?
Technology MarketRe: House Clearance Sales.. Come In Here!!!! by SmartNYSC: 3:14am On Sep 10, 2024
FutureFocus:
Buy your kids tablets now, prices of tablets are now going up, please don’t say but it’s was 2k last month , but now to avoid stories

Thanks so much for your continuous patronage


Location is Lekki

Contact details on my profile
You didn't give details about your products.
Technology MarketRe: This Thread Is Only For Aliexpress Shopper by SmartNYSC: 5:31pm On Sep 05, 2024
Mfunkynation:
Thanks to @genius and @Noobody for the levono tab M11 suggestion/recommendation...
I got it 8gb ram + 128gb ROM
How much did you get it please and how has it been so far?
HealthRe: NEW BORN BABIES! Are U A New Mum? Then Lets Discuss Babies Here!!!!! by SmartNYSC: 10:04am On Aug 13, 2024
Good day mothers. Please what can be used to treat rumbling stomach in newborns which I read it's called colic? The baby is 3 weeks old and he clearly seems to be in pain. Help me please.
HealthRe: Paediatricians And Mamas Pls Help My Baby by SmartNYSC: 10:19pm On Aug 08, 2024
biggal:
pls paedatricians and mamas I nid help. my baby of 1wk and 3days shakes and jerks a
lot when she sleeps expecially her legs and hands.
it started after delivery I have reported to d hospital
they gave me antibiotics bt she still shakes and
sleeps a lot. the jerking is uncontrollable except u
hold her. they said I killed rat wen I was pregnant.
pls mamas I cry when I see her do it. has any one
experienced dis before.
pls water entered her nose when she was being bathed and it caused her catarrh though its about starting bt wat can I give her tanx in anticipations
Hello Madam biggal
This is more than 9 years already. How did you overcome this please? My baby is experiencing same.
Jobs/VacanciesRe: Monthly Net Salary Of Federal Government Ministries,departaments, Agencies And P by SmartNYSC: 2:32pm On Jun 27, 2024
While we are looking out for better career opportunities, if anyone here has the contact to influence NYSC direct posting and relocation jobs, send me a PM so we can make money together.

And by "having a contact", I mean someone (or people) that have the power to pull off many jobs. Please do not message me if you don't have "sure" links.
.
Technology MarketRe: The Xiaomi Thread Store by SmartNYSC: 9:00am On Jun 06, 2024
Does anyone sell Redmi Note 10 armor pouch?
NYSCRe: Thread for NYSC Batch 'B' 2024 PCMs: Stay Informed and Updated by SmartNYSC(op): 6:58am On May 29, 2024
NYSC Registration Guide for Foreign Graduates
Are you a foreign-trained graduate that wants to enroll in the NYSC program?

This comprehensive guide unveils the specific requirements and procedures you must follow to ensure a seamless mobilization experience.

https://www.nairaland.com/8107803/nysc-registration-guide-foreign-graduates#130193214
NYSCRe: Thread for NYSC Batch 'B' 2024 PCMs: Stay Informed and Updated by SmartNYSC(op): 5:25pm On May 27, 2024
Online registration commences on June 8th. How prepared are you?
NYSCRe: Thread for NYSC Batch 'B' 2024 PCMs: Stay Informed and Updated by SmartNYSC(op): 8:42am On May 24, 2024
ONLINE REGISTRATION DATE ANNOUNCED

After a long wait, NYSC has finally released the mobilization timetable for 2024 Batch B. I know you are mostly concerned about the registration date which is penned down to be between June 18 - 16th, 2024.

There are other important dates as well on the time-table like senate list upload, call-up letter printing date and the likes which you should be aware of. You can read the full timetable HERE.

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