₦airaland Forum

emmanuelewumi:
Even the transport company that has the franchise for Ikorodu to TBS raised N6 billion in corporate bond paying 14% per annum and they have been consistent. The Trustees got a legally binding agreement from LASG that the franchise will continue for the duration of the 6 year bond

14%?, what the minimum amount for this CORPORATE bond.

Lazyyouth4u:
Can you give an example of a bank where depositors lost their money and bond holders were secured? Depositors have priority over bond holders. If a bank fails, depositors get paid before bond holders.

The point I am making is that an MFB that bond holders are secure cannot lose its depositors funds. There is no way the bond holders interests in a bank are more protected than depositors’ interests.

If LAPO’s bond holders are secure, then it means its depositors are also secure.

If you say before the bank consolidation by Soludo, yes most bond holder get paid before depositors.

emmanuelewumi:
99.9% of microfinance banks
in Nigeria can't satisfy the stringent requirements of SEC for bond issuance

I agree completely.

emmanuelewumi:
Bonds are secured, LAPO microfinance bank raised N5 billion corporate bond. Bonds are regulated by SEC, can you give an example of a corporate bond that went bad in Nigeria?

There are Trustees to the bonds that makes sure investors interest are protected, they obtain enough collateral securities from the company, they will become signatory to the accounts of the company for the duration of the bond,

Oga see MFB wey you call, those ones are super micro finance na

yazga:
So last night I had forgotten to warm my soup and had slept off. I woke up this morning to find it sour. I wasn't happy at all. Especially with the fact that I had just cooked it a day before. I couldn't stop blaming myself.

I brought out the pot and placed it angrily outside. My neighbor who had seen me drop the full pot of soup outside asked.

"Neighbour, you go warm am?"

"No. E spoil. I wan trowey am."

"You no warm am last night?"

"I been forget. Sleep carry me for night."

"Eyaaa…"

I returned into the house to bring out other plates to wash. When I got back, I found her licking her fingers.

"E no too bad o. The soup good small. You sure sey you no need am?"

I glared at the sour pot of soup and at her.

"No, I no need am"

"Okay. Make my pikin them come carry am. Them go use am chop eba this morning. E go finish. The way them go rush this soup now now go shock you. If the soup do three days seff e try."

Before I could find words to say to her she picked the pot of soup and dashed into her house speedily. Probably trying to hurry up before I change my mind about giving her the soup again.

Her first son returned with the empty pot and handed it over to me.

"Thank you." He muttered.

The daughter, a five-year-old, popped her head through the window and smiled.

"Uncle Praises, thank you."

The twin children ran out playfully and blurted "Uncle Praises thank you."

And their mother finally emerged laughing.

"See how them the happy. Them don see food."

Tears gathered up in my eyes. I ran into my room and cried like a child.

How one man's poison becomes another man's food.

How one man's fish becomes another man's chicken.

How one man's rag is another man's Christmas cloth.

How my sour soup, turned into another woman's thanksgiving.

Value whatever you have. Appreciate whatever you enjoy. For another man somewhere, searches immensely for what you have, and wishes to own just half of what you own.
Appreciate God�
Happy Easter

Lovely write up

akankemi1:
Estate land( like adrons home,revolution plus e.t.c ) is just the best. might be more expensive but usually no issues.

pray this gets resolved quickly

It's the best but they will never tell you the hidden charges.

Moneyboyz:
Any money I see from now on I will just leave this shit hole Country for good.

There are no signboard of government acquisition, not everyone knows where to go about these things, this is my second land investment going down the drain ��

I will advise you invest your money in REITs, no government wahala, or landlord tenant issues just google it and thank me later

Property owners are really trying

CuteMike01:
Thanks Leezah, actually today is my birthday but I'm just unhappy and starving badly without a definite source of income yet. I created this thread earlier today.

https://www.nairaland.com/6480795/happy-birthday-michael-it-well

I will be grateful if I can get help from here, pls someone out there. Thanks in advance.

Happy birthday

Greatzeus:
Leezah are you serious? You are bigger than this, change that naira sign to dollar,make it $100

Are you immune to giving?

Why do you want to sell?

Advise him not to buy it.

Jayjaycee18:
$OPK (Opko health: $4.40) was reviewed tonight on Jim Cramer's "Mad Money" program where the Executive Chairman of Bioreference Labs (Opko subsidiary) highlighted the following:

1. Bioreference Lab has sole rights to test both NFL and NBA sports franchises
2. 600k tests done for NFL (500k) & NBA (150k) sports franchises thus far
3. Likely to commence daily tests on NFL sportsmen due to recent more positive results
4. Opk's 'Rayaldee' drug Phase 2 clinical trial for Covid-19 has started with potential for huge revenue worldwide after FDA approval
5. Got New York city (NYC) public schools contract with 100k kids to be tested every month, if not weekly as infection rates determine

Disclosure: I am very heavy and long on $OPK. As usual, DD is required before investing in any stock(s).

Nice

Wow! it been ages. Fintech is next big thing in the financial sector.

NoToPile:
Nice, at least he didn't run away with the money.

Yes

diordaves:
Give more information. Describe the situation more. What kind of building? Half finished storey building? Is the problem occuring in the room, kitchen etc? What kind of building is this? The photos are not enough to understand what is going on.

The issues is in my Master Bed room and at the visitors toilet. The building is a storey building

I have similar/ the same challenge, Please house help me

Pascopele:
I think you quoted the wrong person.

Meanwhile, here is the picture of my own problem. Please help me. What can I do to remedy this situation ASAP!

Loosing weight can be done by
Nutrition
Drugs
Excercise

GboyegaD:
Are you also a nutritionist? You could share your suggestions on here.

Yes

Tokyoheist:
Is it true that it's only surgery that could correct this

Yes

GboyegaD:
Done with your PhD? Any tips for those who want to lose weight?

Yes drop your number.

nairalandcode:
Hello house, pls does anyone know where these supplements can be bought around Ikotun/Isolo axis?

Thanks in advance..

Lionhearted:
Here,

http://93.174.95.29/main/E1EEAD69686DD2862D57531D470AB0CA

Click on "GET"

Enjoy.

Thank you Sir.

CsRockefeller:
So because a few are engaged in betting, fraud, prostitution and drugs you then sum all the youths in your factlesss and baseless study?

Have you been to all.the 774 LGAs? All d 109 senatorial districts? All the 36 states and the FCT? All the Universities, Polytechnics and Colleges of Education?

Thank you. It will be fair to say Nigerian Youths, rather say "some" Nigerian Youths. I work extremely hard for my money done some business and got burnt very badly lost money did youwin. It not been easy on us youths.

missjekyll:
I recommend the book ''Roots" for you. it's not for the faint of heart. it's also 700 pages. it changed me.
I find it amazing that African Americans have turned out as well as they have done considering the unspeakable degradations they have undergone. it speaks to the resilience of the human spirit.

sir, can you recommend where I can download the soft copy?

NL1960:
Iam a fan of the missionary schools especially catholic schools. If you are interested in that, pm me and i will give you a list. You can indicate your state of preference.

Sir, why not state it here?

Magnetron:
What about investing in fintechs? Eg Carbon. They offer up to 15.5% intrest.

Run from carbon it own by Pascal son the daimond bank excutive. He does not have experience at managing businesses.

numberonecytyzen:
More light please.

Not today. Let me just be a reader.

bigestPREEKhere:
it is not faceless for idiots like that guy. enough of these faceless , not faceless shit. you can stay in nairaland and no one will know who u are. the guy already posted his details and even an idiot will track him if they want to. the thing is we should learn to stop derailing threads. i wasnt following his rants but from the little i read, e bi like say he really torment una. believe me, there are people that are fully anonymous here. even the ower of nairaland sef no fit trace them.
all that is btw, there is the most interesting story i was reading here that has to do with the girl that said she used to belong. i dont know why u guys bullied her out. i even read where she said she recieved threats in her dms. why will she respond to dms to start with? we really need to use our brains in everything we do.
she was spitting some real info here. with the way these naija girls are behaving these days. we need girls like her around to expose some of their dark paths

I have followed this thread from day one till date. She was giving us detailed expereince from her own end as being a female cultist but just like you rightly pointed out she was bullied out if this thread and I doubt if she will come back.


She gave startling revelation and I can tell you I experienced female intimidation while in school. She would have been the female version of the op unfortunately she has been chased out.

MummyHalo:
It was mid year thanksgiving in church today. I'm grateful for life and all the little blessings. Most of all, I'm thankful to God I finally got a BFP!
Yes, God did it!!!
I pray that this same blessing shall go round each and everyone of us here. Amen.

Congratulations

Olamsoh:

You should not be surprised.

Towma:
Please who knows how secure trustbanc microfinance bank are?
I wanted to place some money in their fixed deposit and I dont want to lose it.

Don't micro fiance bank in own opinion are not good for investment in Nigeria.