₦airaland Forum

Bamz:
Insightful response as always. People fancy tbills mainly cos of capital preservation, and I'm sure if there is any offering to similar to it with a mild risk, people would diversify.

Digital farming is a thing now but the terms of sponsorship on Farmcrowdy was just a bit scary. They just match farmers to sponsors but I'm not sure of how well they hold the farmers accountable. I love the business model. Have you sponsored any farms successfully?

Diversification is the key in investment as long as you know the right places to invest.

Naija is a very diffilcult terrain to navigate....
From the collapse of finance coys in the 90s ...
To collapse of banks ...savannah, fortune, etc regulated by the Almighty CBN....
To the collapse of brokerage coys regulated by SEC ...
Investors are always at the losing end of most of these so called right places to invest...
Sincerely.... I cant see why Tbills will be at 11%... FGN Savings Bonds at 11%.... FGN Bond around 12% ....
And digital farmin is the next thing to place my hard earned money.... No CBN.. No SEC, No NDIC.. zero regulatory oversight.
Commercial papers of strong corporate bodies is still a far better option than all these digital farming outfits...
My 2 cents

nna777:
Sorry to digress a little. I have invested in Farmcrowdy and ThriveAgric over time. I agree on their low interest rate but on commission I beg to differ. Having received my cashouts, no deductibles so far.

On policy terms, in case of any negative outcome, your capital is preserved. I hope this helps.

sorry for the digression once again

Your position is quite wrong ....
Your capital is not preserved in case of any negative outcome ...
There is no regulatory oversight with Farmcrowdy and Thrive Agric etc ....
Even for Banks, NDIC is only required to pay N500,000.00 and N200,000.00 in the event of failure of Banks and MFI etc....
Lets be guided accordingly.

yemmit90:
I dont do business with them anymore. The last time i supplied them, they paid me after almost 3 months.

This is serious ....

mobolaji234:
Amen. Thank you.



Price varies depending on marketer/off taker. But its between the range of #490 to #550 per kg.



Budget for a bird to eat at least 4kg of feed. So do the multiplication with the price of your favorite feed.

Thank you!

Well done !
Thats the range of price for bulk purchase of birds...
Not all those fake prices per kg posted by some guyz on Nairaland here ......
Try and google Korea Natural farming ....
It will give you a different perspective to broiler rearing ....
U can pick one or two things to add to your practice....

Where can I get Azolla ?
I am willing to buy please.....
Thank you.....

Bomboclad:
I am hoping for a strong market reversal tomorrow; prayer warriors, please swing into action.

Note: This is not based on any analysis, just a hunch!

Had a hunch too...
Mkt will pick up around month end ...

skydiver01:
Very Shocking..... Terrible.

We are bleeding in equity
And now this ...from Tbills angle ...
PMB is just a disaster for this country....

skydiver01:
Very Shocking..... Terrible.

We are bleeding in equity
And now this ...from Tbills angle ...
PMB is just a disaster for this country....

mendes911:
I hope it's not just expectation of Q2 that's holding the market! Should we expect something worse soon?

Only time will tell.

In Sir Migi's voice, Obene Kwa Kwa X3.

Q2 is the only news as at the moment ....
Plux interim dividend announcement esp for the GTB... Zenith etc....
Unless PMB spring up with a miracle announcement .... hmmnnnn
Expectin one btw Sept and October....

mendes911:
I hope it's not just expectation of Q2 that's holding the market! Should we expect something worse soon?

Only time will tell.

In Sir Migi's voice, Obene Kwa Kwa X3.

Q2 is the only news as at the moment ....
Plux interim dividend annoncement esp for the GTB... Zenith etc....
Unless PMB spring up with a miracle announcement ....
Expectin one btw Sept and October....

That kachia road route to Akwanga .....
Lonely and dangerous road....
I always pray all tru when I drive through that route...
Back in those days...
When we don,t even have herdsmen wahala...

Omonigeriarere:
The problem with majority of us is that we are not informed. Do you think Sterling will consider itself irresponsible to the extent of advertising and advertising I-Invest on its official website if it is fraudulent?

Hardly did we realize that CBN, SEC and CBN regulates all disclosures on Banks websites. Organization faces a lot of challenges when it comes to mitigating their reputational risks nowadays and you have to recognise this fact.

Now can you please tell me any bank that associated itself with MMM and other reprehensible investments in the past?


U av your choice, but don't come here and tell us things you know nothing about.

Stop writing as if you did not attend a university ....
Sterling Bank is a different entity from Parthian Partners in law...
The fact that they are in partnership on I-invest does not confer any liability on Sterling Bank...
Meanwhile, Sterling Bank did not make any disclosure on the extent of their partnership... thats a wise move...
Attract customers.... if there is a problem.... .... push the liability to the other party....
If mgt of Parthian Patners mismanage your funds....whats your next move...
U dont have to wait till the risk crystallizes... this is Naija....
Top mgt always find a way to escape justice ....
We have seen it all from collapsed finance coys of the 90s...
To licensed investment outfits by SEC.... and even licensed banks by CBN....
Nobody gives a f**k about you. and ur money....
Be wise ... My 2 cents

Omonigeriarere:
Whether you bud through bank or I-Invest, both have the same regulators. This means that they are both risky investments.

However, do you think CBN and SEC do not know what they are doing by mandating I-Invest to only pay money into an account linked to Investors' BVN only?

You have your choice.

Banks are licensed and regulated by CBN ....
Parthian Partners is licensed and regulated by SEC ...and also a limited company...
In term of risks...you cant compare First Bank(Tier One Banks) with Parthian Partners.... Haba....
When the risk crystallizes, you will understand the difference .....

MrMcJay:
Don't compare MMM to i-invest. If you have questions, ask. The legal entity behind i-invest app is Parthian partners. Who is/was the legal entity behind MMM?

I-invest is an app by Parthian partners. If you check SEC website, Parthian partners are listed as Inter-Dealer Brokers. They were the first in Nigeria to be licensed by SEC as Inter-Dealer brokers.

Check around and ask of what inter-dealer brokers do. It should be able to put things in perspective.

I sent a mail to Parthian partners for an official investment advice as proof of investment and they said that is possible. I suggest users of the app obtain this if possible, at least for weighty T Bills. This is to give you the needed security.

This is Naija...
To get SEC license is not a big deal....
Ask those investors that got their fund locked up in BGL etc.....licensed by the Almighty SEC...
SEC system is messed up...
It is advisable to stick to known banks for treasury bills...
I use First Bank or invest in FGN Bonds...
Sharks everywhere .....

Pls assist with this VIN... Jah Bless

1NXBR32E93Z079430

Pls assist with this VIN...

1NXBR32E93Z079430

Pls assist with this VIN...

1NXBR32E93Z079430

Bomboclad:
GTB rallying as I expected but the rally will end at about 32 before the next dip (for those who wann jump out short-term); however, on the long term, this is a stock to have.

Interim Dividend should keep it firm.....
While Market makers should help us do the needful....

GTB ridin to 29.50k....
Lets see if N30 is possible today .....

stinflame:
The man is a actually a Big threat to the nation, that they know. If that man is granted bail he won't be found again, his connects are with high place terrorist groups. Forget all those protest and mercy plea, the president knows better, peaceful Northern knows better.

Dont think it is as bad as this ...
Buhari is a Sunni Muslim while El zakzaky is a Shia Muslim...
In recent years, Sunni–Shia relations have been increasingly marked by conflict....
For example, Islamic State of Iraq and Syria launched a genocide against Shias.
PMB is simply using state power to deal with the other faction....

cuteboy2:
GTB looking N26 in the eye

Somebody don build one kind wall with bid for 5m units at N26.5!!!!!
Na beg I take beg una ooooooooo

Just relax
Picked a few units of GTB below N27....
When the price return back to N30 - N31...
All these folks will start complainin abt their village pple....
GTB price comin to N20 is definitely not Today!!!!!
MM still dey .....

GTB hit N=30 back....
Wonders of NSE....

Jejebabaa:
There is something you are hiding and its like you are a stakeholder of Afrinvest. Why did Afrinvest terminate the fund prior to listing and gave excuses of devaluation then when it was already bought in dollars and those that bought with StanbicIBTC own was not terminated and they were able to trade it when MTN finally listed on NSE and also enjoyed their annual dividends from that 2007 till date. What is the challenges that Afrinvest MTN investors faced that StanbicIBTC MTN investors did not faced which made Afrinvest to terminate the deal abruptly.
Hope you also know that what Afrinvest is trying to also do with this Airtel is to pool funds together and buy it from London stock exchange in foreign currency and i hope similar fate wont befall those that buy into it and give excuses of devaluation again when the time comes.

Naija is a difficult terrain to navigate....
Murky waters....with sharks everywhere...

Mcy56:
List of interim dividend paying stocks:
UBA, GTBank, Nestle, Zenith ...........
Can someone please add to it so we can know where to flash our tosslights.

Dont think int div will have much impact on these stocks ....
PMB need to give this economy a good direction....
Holding Zenith..GT... Nestle... Seplat...
Lets hope for better days ahead...

Seedworld:
We have MALABAR SPINACH seed.

Pls state the cost of Malabar Spinach seeds...

grandstar:
The high cost of credit is due to how the monthly allocation is paid out to the 3 tiers of government.

The dollar earning from crude oil sales is dished in naira to the 3 tiers of government.

So, let's say the government pays out $2b this month. The government will pay out $2b x 360= $720. If it's $3bn, then $3b x360= N1 08trillion..

These payout leads to excess money in circulation which can lead to high inflation. In order to subdue inflation, the CBN increases interest rates high enough to mop up excess money. Since the CBN rate is the benchmark which is high in double digits, commercial banking rates too will be high.

Soludo wanted to change the system and end the excess money by paying the 3 tiers of government in dollar certificates which can be converted to Naira at commercial banks. This does not lead to any excess money

Better,it is as if dollar is now chasing Naira and will firm up the currency. And best of all, since there's no excess money in circulation, the CBN can end it's tight monetary policy and lending rates will begin to drop.

However, the governors didn't like it and YarAdua sympathised with them. Remember,it is redeemable only in Naira and not dollars.

This is also Henry Boyo line of thought too.
I hope we have a govt that can give this idea a chance ....
Maybe it will cure the excess money problem facing by CBN for a decade...

SillyMods:
I have learnt not to take all these international/world agencies serious. Most of their predictions always fail to hit their target.

IMF wanted Nigeria to take loan with a lot of conditions (e.g, increase tax, removing subsidy, privatizing of some national assets, etc), Nigeria rejected their offer and they predicted we were going to have problems. Less than two years of their offer and prediction of bad outlook for our economy, we bounced back and have actually done far better than anyone expected.

On the other hand, Greece and Argentina listened to IMF/World Bank and both countries keep sinking since then.

So, pay little or attention to these agents of doom.

You should focus on the message....
How will a country move forward with large infrastructure deficit, acute power supply shortage and security challenges.....
Just tell me exactly what PMB is doing about the above listed problems.....
Crude Oil had been a curse to Nigeria ....and we are highly dependent on it as stated by the Report....
PMB had spent $340 million dollars and additional N27 billion
on to search for oil in Lake Chad Basin alone .... thats wasteful .....
With double digit inflation, subdued GDP growth, unemployment at over 30%. & low fiscal revenue....
U are callin Fitch Agents of Doom ...... Haba
No wonder Nigeria became the poverty headquarter of the World .....

Summary

Success has many friends, failure is an orphan....

If Pastor Adeyemi had been on the other side of the equation.... Bishop Oyedepo will disown him 7 times....

mobolaji234:
Please experts in the house, i need criticism and ideas.
I'm based in Ibadan and i need help on getting in touch with broiler offtakers and getting a market for my chicks all year round

I advised you to write a biz plan ...
U need a roadmap... the issue of broiler offtakers will have been addressed in the plan...
Try and visit more poultry farms in Ibadan .....
See the Manager and ask questions....
List all the major and minor big farms in Ibadan.. Amo, etc
Call their customer service line ...
There are possibility they have a broiler offtaker arrangement ..
Network with Poultry Association of Nigeria members.... they should have one in Ibadan...
U will likely get a mentor...

Intendy:
Stocks with new 52 week lows

Uba #5.65k
Zenith #18.80k
Flourmills #14.40k
Ucap #2.10k
Academy press #0.27k

New 52 week highs
Mtn #149.00k

Na only MTN go dey make High everyday ...

We siddon dey look NSE paparazzi ...God dey

udemzyudex:
The Nigerian Army is not ready to win this war,when they are ready they will.

Maybe in decades to come.

Nigerian Army is not built to fight this type of war.....
Thats why they cant win....

SarakiBukola:
Sorry for these guys.

Nigeria once had a fearsome Army. One of the best in Africa.

I am not being biased but GEJ, maybe because of his non-military background did a lot of damage.

He didn't effectively manage people under him and they robbed the country blind.

Buhari is an old General, he's equally as woeful.

I dont agree with all ur submission ...
GEJ brought the South African White mercenaries....
These mercenaries trained the 72 Mobile Strike Force .... to be battle -hardened
72 Mobile Strike Force engaged Boko Haram fighters...... they were successful ...
Boko Haram Fighters start retreatin to other African countries under few months of engagement....
Buhari came in.... instead of sustainin this effort & complement the master plan
Buhari sent the SA Mercenaries packing.... Buratai took over ... thats another story for another day....
Those f**ckin Generals will rather make cool money through contracts than let some South African Mercenaries do the job.
Let the blame at the feet of General Buhari.... He has done absolutely nothing to curtail Boko Haram menace.
Lastly ... Nigerian Army may be fearsome ... bt this is a diff war ...
NA is not built for this type of combat ....

Seedworld:
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