₦airaland Forum

@ogah feelamong and other gurus of NTB. ...please I need CBN NTB programme for 3rd quarter. ......
Thanks

just2endowed:
whats the minimum one can ibnvest with the bank

100k

feelamong:
Engineer..take am easy....

Just vote with ya feet...look for another account officer in the bank that understands the Tbills well and deal with him

Sir,
Move your money to STANBIC IBTC Bank and bid for yourself...

Once your bid is below CBN stop rate...you will be debited... No stories... Its as simple as ABC...

SuccessGee:
Guys, the rate will remain the same. It wont be far from last week
91 DAYS 16.00% - 16.50%
182 DAYS 17.00% - 17.50%
364 DAYS 18.00% - 18.50%

I did 17.5% @ 182days though.

Thanks guy...this rate came very late... So guys will not benefit from this your possible wonderful stop rates...which helped me 2weeks ago...

I no get money for tommorrow NTB... Best of luck guys...

My FGNBond 2020 coupon alert came in 9am today...hope all FGNBond 2020 has gotten their coupons by now??

For the guy that quoted his yield amount.....please in this forum...WE DO NOT MENTION MONETARY FIGURES...this is to avoid scammers... Pls be warned.....

Thanks my oga feelamong for your kind response.

God bless you.
Amen

feelamong:
CBN has just announced OMO...

This should be the game changer on the yields and Tbills discount rate going forward!

Pls oga feelamong... What is OMO and how does OMO affect NTB..

Can one invest in OMO....?

Thanks for your response.....

ukay2:
What of Sirs....Angeloe, manie, Coolcash, chibuiking, Exladay, manonamission, feelamong, Rebekah, mercylicious...

Their posts/advise are really appreciated...including the once you mentioned.


pls let there be award for the most EDUCATIVE/INSIGHTFUL POST moniker in this forum every year...maybe starting from 1st week of December the voting will start and the result will be announce on 15th of December every year....


I think this will help this forum a lot for BNSITL to post useful info that will help us in this volatile NSE market.....


Who will support this my motion ??


Pls where is oga Stockbull... Very quiet... Hope all is well?

I think each BaSITL get 1 point for votting.....
Votting starts from 7december to 14th December 2016....Result will be announce by Stockbull on 15th December 2016...

Hope this exercise works

locodemy:
You dey mind him........last week and week before last,FBN traded above 3.40........is he trying to tell us he bought at 3.30 which is today's price?........na people like intendy,goodisfaithful and few others i dey follow for here o.

other advice wey you dey hear here na OYO.

What of Sirs....Angeloe, manie, Coolcash, chibuiking, Exladay, manonamission, feelamong, Rebekah, mercylicious...

Their posts/advise are really appreciated...including the once you mentioned.


pls let there be award for the most EDUCATIVE/INSIGHTFUL POST moniker in this forum every year...maybe starting from 1st week of December the voting will start and the result will be announce on 15th of December every year....


I think this will help this forum a lot for BNSITL to post useful info that will help us in this volatile NSE market.....


Who will support this my motion ??


Pls where is oga Stockbull... Very quiet... Hope all is well?

PETERiCHY:
FOOD 4 THOUGHT

```At the point of death, a man, Tom Smith, called his children and he advised them to follow his footsteps so that they can have peace of mind in all that they do..

His daughter, Sara, said,
"Daddy, its unfortunate you are dying without a penny in your bank..
Other fathers' that you tag as being corrupt, thieves of public funds left houses and properties for their children; even this house we live in is a rented apartment..
Sorry, I can't emulate you, just go, let's chart our own course..

Few moments later, their father gave up the spirit..

Three years later, Sara went for an interview in a multinational company..
At interview the Chairman of the committee asked,
"Which Smith are you..??"

Sara replied,
"I am Sara Smith. My Dad Tom Smith is now late.."

Chairman cuts in,
"O my God, you are Tom Smith's daughter..?"

He turned to the other members and said,
"This Smith man was the one that signed my membership form into the Institute of Administrators and his recommendation earned me where I am today. He did all these free. I didn't even know his address, he never knew me. He just did it for me.."
He turned to Sara,
"I have no questions for you, consider yourself as having gotten this job, come tomorrow, your letter will be waiting for you.."

Sara Smith became the Corporate Affairs Manager of the company with two Cars with Drivers, A duplex attached to the office, and a salary of £1,000,000 per month excluding allowances and other costs..

After two years of working in the company, the MD of the company came from America to announce his intention to resign and needed a replacement. A personality with high integrity was sought after, again the company's Consultant nominated Sara Smith..

In an interview, she was asked the secret of her success,,

With tears, she replied, "My Daddy paved these ways for me. It was after he died that I knew that he was financially poor but stinkingly rich in integrity, discipline and honesty".

She was asked again, why she is weeping since she is no longer a kid as to miss her dad still after a long time..

She replied, "At the point of death, I insulted my dad for being an honest man of integrity. I hope he will forgive me in his grave now. I didn't work for all these, he did it for me to just walk in".

So, finally she was asked, "Will you follow your father's foot steps as he requested ?"

And her simple answer was, "l now adore the man, I have a big picture of him in my living room and at the entrance of my house. He deserves whatever I have after God".

Are you like Tom Smith..?
It pays to build a name, the reward doesn't come quickly but it will come however long it may take and it lasts longer..

Integrity, discipline, self control and fear of God makes a man wealthy, not the fat bank account..

Leave a good heritage for your children..

As an agent of CHANGE, please share this true life story with your loved ones..

God bless us all..```

Something GOOD is coming out from Sir Peterichie, godlyguy and myjoy085...


That was a nice write up

Jessglam:
Gurus in the house, please advise. I tried to do tbills in gh a a Nigerian but I was told they do not sell to foreigners. I wa advise to do fixed deposit instead at 14.24 for three months. Meanwhile I figured 91day tbills in nig I 15percent plus. Do you advise I transfer the money back to home and get the tbills?

Please @feelamong assist me with this.

Please transfer the money to naija and enjoy the high NTB rates currently.....just send the money to your naija bank and instruct your bank on the auctions-91; 182 & 365 days you want with the rate you want with STANBIC IBTC Bank or go with the bank rate with GTB, FBN , eco bank or any other naija banks you have...

MrTour:
That's good.

Stanbic is transforming into a rogue bank, my bid didn't go through yet they held my money since Tuesday in their ledger balance.

Na tru Sir ...4days holding of ones fund without interest no be beans..

Please bid for yourself next time

munezo:
My account officer in Stanbic IBTC has informed me that the bank's bid did not go through because it was above the stop rate. Meaning, all those who went with the bank rate will not be debited as their bids are unsuccessful.

But customers who placed their own rate that falls below the stop rate, went through.

STANBIC IBTC BANK DEBITED ME 30MINNUTES AGO...I BIDDED FOR MYSELF @17% FOR 182DAYS.

PLEASE DO BID FOR YOURSELF NEXT TIME

Why people the buy fbnh...any hidden news??

vinnyvinny:
. Stanbic insist I must open a current account rather than savings for NTB. Pls is that the case for those using Stanbic.

No sir ...I use my savings account.

Contact their head office asap

Etfash:
FBN

A beg port go STANBIC IBTC Bank or GTB or access or diamond bank...no time for stories in this hard times

Etfash:
Better then. My bank takes the whole money and credit me later.

Which bank

Stanbic and GTB debit only the discounted amount and the custody fee...your interest remains in your account...

unite4real:
That's not how it is done. They will debit ur account after discounting. 2.5M naira will not be debited from your account. For example, 17% of 2.5M is N425,000. The difference which is N2,075,000 is what ur account must have.

Also DMO makes you understand that Auction date and Settlement date is different. Auction day is on Wednesday while settlement day is next day Thursday

Your very correct oga united4real

I think the person above with STANBIC IBTC Bank issue should enquire what happened from their head office direct....

adetolanex:
Stanbic ibtc messed up big time .....their bid for 91 and 364 days wasn't successful

Oga Sir, them no mess up, they gave you option to bid for yourself or make them bid for you...you told them to bid for you....
Maybe you go buy from them in their secondary market..

Next time gather muscle and bid for your self using advise stop rate from guys in this forum

Keep learning... Always

feelamong:
walahi!! You don sabi these bankers very well!! Kai!!

Anyway...If Mugu no fall...How Guyman go take chop na??

My oga, these banks Don show me pepper before I come get sense....my bank manager of STANBIC IBTC no like me again as he no de use my money de chop pepper-soup....nowadays na me the guide myself on investment banking though the wealth of wisdom from this forum gurus like you and others...


Oga feelamong, how this fidelity securities people What special advantage they have over banks in terms of NTB
Please tell us and give us contact so that guys fit port go there if them better pass banks...

E de pain me to loose 1kobo in this PMB govt..

rebekah2011:
People should leave this stock for us now. Let it come to N2. There is just too much focus on this thing. I wish somebody holding huge shares of this company will just need money badly and will have to sell so that the price can crash to my level.

My oga, no be only you like good thing na

Make others enjoy too

LuzSp:
Lately GT Bank have been stressing me and have made investments having tenors of 97 and 178 days.
Though I did not specify a stop rate, I asked that my bid to be done in the primary market. Yet I got 12.97% for 97 days when I was expected their rate for 91 days (I specified the tenor). The CBN stop rate turned out to be 14.14%.
I had to get to the bottom of it. One absurd, standout statement my account officer made was that the bank was not successful in the primary market. How could that happen to GT bank, and in Nigeria?
Another shocking thing he said was that he invested my funds in the secondary market because he knows that customers' only concern is to have their money invested, they can't wait for two weeks. I let him know that I'm certainly not that kind of customer. Haste and desperation are not my thing!

I've decided to put in more and clear details and instructions (rates, tenor, primary market, and what to do if they decide not to get me exactly what I'd asked for) in my next application (if I still invest via GT bank) and to follow them up with phone calls (too much stress!) once my application has been sent my account officer.

I'm leaning towards porting to Stanbic IBTC (I prefer forms to letters, always!) or any other primary dealer. I've got 'till end of September.

No mind GTBank....they MIGHT invested your money in this primary NTB auction maybe got 15%, and resold it to you as a secondary market at 12.97%, making a gain of 2.03% without stress...
That is what most banks do....even STANBIC IBTC Bank... But their own is that you have option to bid for yourself and once your bid is successful, they will not tell you stories......The BEST thing is to bid for yourself and take the risk...

Since I understood this, I have been bidding for myself....


For all successful bidders....debitting of your accounts will start today till Friday(tommorrow).... So relax if your account is well funded..

DeRuggedProf:
FINANCIAL ILLITERACY is helping a lot of these 'NPL OUTFITS' .
They come, raise capital, go back and share it, give out kobo kobo out of what they collected from the SHAREHOLDERS to the 'SHAREHOLDERS' ( HOLDERS OF SHARES INDEED!!!).
How I wish 90% of the 'INVESTORS' knew what they were doing/were financially literate.
Consider the LOOT that awaits you without any risk (except that you may be too happy and attract kidnappers) if you are heavily liquid like mercury right now.
There are COYS on this exchange whose Q3/Q4 may look like MAGIC for doing nothing but JUST writing CHECKS....Cos of HUGE ASSETS they manage and GOD has used EMEFIELE and the HASH ECONOMIC TIMES to bless them.

Ucap......

Ryder306:
Abeg, have u been debited abi its automatic for stanbic bank once the bid falls within range. i actually went with the bank rate.

Debitting of successful bidders with start from Thursday evening to Friday midday...

feelamong:
Thanks bro...

I have learnt a lot from this Thread and from you all!

That lady with the SCB rates really did us well...I hope she will continue to post a lot more often.

CBN wants the FPIs to come in with their dollars so we expect the market to remain this "bearish" for a long time....maybe till December.

Amen..

Thanks Sir

ummitoagirl:
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.

Try STANBIC IBTC Bank....

I bidded for myself with stanbic ibtc bank at 17% for 182days NTB...I thank God it went through


Please let's give kudos to the guy that have us the advised rate at SCB......his post guided me a lot...

Thanks to oga feelamong for being active and advisory in this forum in this bullish NTB..


Oga feelamong... Hope the NTB will remain bullish till October.... I have huge amount I want to invest by mid September when my last year 365day NTB expires 1st week of September??

Thanks all for your contributions and let ius remain active and guide the newbies in this forum...

ummitoagirl:
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.

Try STANBIC IBTC Bank....

I bidded for myself with stanbic ibtc bank at 17% for 182days NTB...I thank God it went through


Please let's give kudos to the guy that have us the advised rate at SCB......his post guided me a lot...

Thanks to oga feelamong for being active and advisory in this forum in this bullish NTB..


Oga feelamong... Hope the NTB will remain bullish till October.... I have huge amount I want to invest by mid September when my last 365day NTB expires 1st week of September??

Thanks all for your contributions and let ius remain active and guide the newbies in this forum...

ummitoagirl:
I am still pained about losing 1.2% !!! €90 no be small money oh!!! I need to leave ECOBANK my people.

Try STANBIC IBTC Bank....
...

feelamong:
Flour Mills of Nigeria plans 40 bln naira share sale

http://af.reuters.com/article/nigeriaNews/idAFL8N1AJ4IR

Pls oga what does it mean for retail investor like me....

ExLaidback:
Bros I'm learning from you . I like the angle from which you did your analysis.

I have a feeling the price would definitely exceed N3.00 well before year end, but as usual the market is king.

$$$

If the price enter N3.50. , I go offload and ran with my loot to NTB asap

We are making money this year...

Pls which sin did Vitafoam and Wapco cement committed that NSE is punishing them with this downward motion...I want to know because these 2 stocks are dividend paying stocks..

Cc
Intendy
Godisfaithful
Manie
Ihelp
Angeloe
Feelamong
Zendi
Rebecca
Mercylicious
Peterichie.... Hope you will comment like an old veteran here

Etc

ForcefullBULL:
Buhari and APc are blood suckers.

Kai, A friend of mine imported 5 cars. Now the cost of clearing this cars have gone up due to Buhari and APCs blood suckers

2008 CAMRY FROM 500K 950K
2009 COROLLA 600K 1.050M
2009 RAV4 600K 1.1M
2009 HIGHLANDER 650K 1.150M
2009 CRV 600K 1M

VERY SOON NO AVERAGE GUY WILL BE ABLE TO BUY ANY CAR



BUHARI CONTINUE

Admin pls ban oga forcefulbull for 2weeks ASAP for derailing this honourable nsepa forum...

Pls all politics should go to politics forum to preserve the integrity of this forum...
Nothing concern us with importation car business here...car talk/autos guys are waiting for you in their fora...

olujaidi:
Not necessarily correct. The way the auction works is thus: if the bank bids with a certain percentage and this percentage falls within the band of interest and is not above the marginal rate, the bank gets what it bids for. If the bank doesn't estimate correctly then it would get a lower rate.

Please explain with percentages and figures for us not in the banking industry to learn...

Thanks