₦airaland Forum

Insideout20000:
Please what is the current NTB rate?

NTB Auction Result for today 28th October 2020

91 days - 0.3410
182 days - 0.5000
364 days - 0.9800

I hope this helps. Happy investing

OakPearl:
There is no disadvantage for buying fractional shares on T212.
Just type in the quantity of shares your money can buy and thats it.
At current market price, $65 should buy you about 0.59 shares of Apple.
You may want to hold on and see what direction the market chooses to take full advantage of a further price reduction.

Thank you very much.
The US stock market is very broad unlike our own NSE, and sometimes it is very difficult researching for stocks to buy. Could you pls share some good stocks to enable me narrow down my search and due diligence.
Many thanks.

Hello guys,

Pls help me with this, I want to buy apple share but I do not want to spend $112 on it. Is there any disadvantage if I buy in value from trading212; say $65 value?.

I guess this is called fractional shares. how does this work?

donguutti:
Seems we are for years of low rates and probably negative tbills rates, seems the Cbn is trying to encourage companies and people to spend.

A look at recent company results show that many companies from mtn, flour mills show that cash reserves increased at a higher than expected rate, if everyone is afraid of spending or investing, then we are in troubled waters

Absolutely.

NTB Auction Result for today 28th October 2020

91 days - 0.3410
182 days - 0.5000
364 days - 0.9800

Happy investing

OakPearl:
All yes as confirmed by our very own InaNla.

Many thanks

InaNla:
IVZ, Invesco Ltd., NYSE

Ok. thanks.

InaNla:
YES! To all your questions.

Thank you very much. Which is invesco is this?
Is it invesco s&p 500 high dividend low volatility usd?
Pls respond as I have been searching for it on the trading212 platform.

4Play:
I am not sure buying through Trove will give you access to dividends. Chaka will definitely.

Hello bro,
Will trading212 give me access to dividend?.
What happens when dividend is paid using trading212 with regards to 30% withholding tax by US govt?
Will trading212 deduct the tax before crediting the dividend amount?
Pls guide me on this.
Thanks.

OakPearl:
That's an early dividend of $0.37/share in 24 hours...breathtaking!!!
Wow!

Hello bro,
Will trading212 give me access to dividend?.
What happens when dividend is paid using trading212 with regards to 30% withholding tax by US govt?
Will trading212 deduct the tax before crediting the dividend amount?
Pls guide me on this.
Thanks.

ahiboilandgas:
ok i will do that immediately

Thanks for listening.

Indigbo:
What's the current rate of Treasury Bills now?

91 days @ 1%
182 days @ 1%
364 days @ 2%
Happy investing...

ahiboilandgas:
really I rather but more zenith share and collect 2.8k dividen....that above u dead 6 percent ...pls bring all your collection let me help u invest and pay 9 percent

Bold and blunt. Nice response.

ahiboilandgas:
thanks....i pick United capital and morgan....

United capital research team is very good and you will find their research helpful. I have a trading account with them also, although I trade mainly with FBNQuest securities. You are welcome here.

emmanuelewumi:
That means they have improved niyen, used to have an account with them which I later transferred to FSDH Securities

Yes they have. Started with them few months back.

emmanuelewumi:
That means they have improved niyen, used to have an account with them which I later transferred to FSDH Securities

Yes they have. Started with them few months back.

ahiboilandgas:
pls mr Emma what the best stock brokering firm that I can trade with online , everthing is online,customer care top-notch and I can trade from any location in the world .....thanks am moving into Nse gradually..

Am with FBNQuest securities. It’s been great so far.

Odiase23:
Thanks, this is very good and educative.

There are better and secured investment instruments which you can venture into outside NTB.

I will also advise you be careful with crowd funding instruments.

Secured investment organizations, licensed and regulated by CBN just as the banks with good ROI is all you need.

Www.utfinancial.com.ng / www.uthomesltd.com
- 08035281639. Cheers

lanre88:
Truly we must acknowledge the fact that things are getting really though for an average Nigeria but don't be part of people who live on excuses.

People are buying brand new cars, houses etc. All you need is the right information that pays. Mind you, you can buy a car in just six months or less.

Join a growing economy of wealthy people. Don't keep doing what others do, try something different that works.

Call 0.8.03.812.45.17 to learn more.

condomuser:
Guys make your money work for you, today i made 23% profit on investment i funded in May, in five months.

Though capital realised goes idle for two months with a mere 2% and then 20something percent profit again. I think it's better than single digit investment.
It's not something everyone can do otherwise i would've shared it here BUT find something that works for you.

GAZZUZZ:
Not yet in stock , weekend it will be available

Ok. I will need it by weekend. Hit me up when it is available.

Gazuzz:
vehicle oil Restocked

Is this available? What is the price?

GAZZUZZ:
available

Is this available?

emmanuelewumi:
FBN, FBN Quest Asset Management, FBN Quest Merchant Bank are related but they offer different products and services.


Rather for him to keep on enjoying low returns, he can talk to them at the Investment Banking subsidiary of FBN, ie FBN Quest Merchant Bank to enjoy better opportunities and rates.

With N40 million thereabout he can have an account with them

Sounds good.

XiaoLi:
MMF was 4.5% as of yesterday, 3% was what they did through the month though.

FBNQuest MMF has never been 3% at any point through the month, not even through this year. I think the lowest was 4.36% and that was 5th of August 2020.
Use this link to check:
https://fbnquest.com/asset-management/historical-funds/

Akin3891:
Thanks. The last time I asked of a bond funds from fbnquest, the interest is high but capital isn't guaranteed, so I presume it will be same with United capital, is it?

And that VGIF thing, I understand it's being run by investments one but I don't know how secured and reliable it is, I don't want to lose a bit of my capital because I'm investing huge funds, hence I'm looking for a secured investment eventhough the return is low.

With the FBNQuest fixed income fund, your capital is not preserve. However, with the United capital bond fund and investment one VGIF, your capital is preserve. I have been on them for some months now and it has been smooth.
I understand where you are coming from and I respect your decision. Please stick to what makes you comfortable.
Happy investing.

Akin3891:
Will be investing in this, I filled my form already with fbnquest. Thanks.

Is this rate not too low?. Why not go for United capital bond fund at 8% or investment one VGIF 7.5%?

emmanuelewumi:
You include it in your will, so everything will automatically be transferred to the Trust. You can include in your will, for the Trustees to keep on managing the Trust for the next 20 years, till your last born is 35 years old or any specification you want

Read Gani Fawehinmi Will to understand the instructions given to the Trustees in the will

Funds and cash flow from the Trust account will be used to pay the children school fees, maintain the property, make further investments , start up capital for the children and also give allowances to the children and loved ones


We have FBN Trustees, United Capital Trustees, Custodian Trustees etc. They are regulated by SEC and also expected to give regular reports about the running of the Trust account.


I once shared the story of a guy who got N4 million from the Trust account set up by his late father. He used the fund to start a real estate and construction Company about 20 years ago after he graduated from Yaba College of Technology. This gave him a headstart and has been able to grow the business to a multi million Naira enterprise

Thank you so much for all the invaluable information you share on this thread.

Grupo:
I'm genuinely curious right now. He said he was charged 0.5% transfer charge.

Say he wanted to withdraw $1,000, it means he paid $500 in transfer charges? Right? Or I should go back to secondary school?

0.5% of $1,000 is $5 not $50.

gaeul:
See what Treasury bills thread has been reduced to...When a house is abandoned...Rat and reptiles take over....I pray rates get better soonest...so this thread can come alive again

Are you not learning from these conversation?. If you are not, then you should.

heavenisreal18:
Kindly suggest medium or low risk investment one can do with 1m pending the busines to do

United capital bond fund
Investment one VGIF
United capital MMF
Fbnquest MMF

emmanuelewumi:
Please do your due diligence oooo

Yes boss. I will.
Thanks.