₦airaland Forum

mimilyrics:
You can apply at VI or Ikeja, not seeing a crowd there doesn't mean that there are issues. Most people probably opt for Ikeja so as not to pay the extra fee charged to use the VI centre. Also, it only makes sense for people to apply in the locations close to them hence, the crowd at Ikeja.

Wised123:
Waec cert, Bsc cert, international passport, CAs, POF,transcript, NYSC cert, employment letter and promotions. Tb cert

ebuka1997:
Omo make I go chop government money in treasury bills
Bad guy!!! Lol

onegentleguy:
My dear,
Don’t allow ur forecast(perceived as they clearly are) make u miss out on the select few opportunities that the market would present.
Ur talk on rising yields in the FI space causing a diversion of funds away from the stock market is for now half-baked(a bit too early) and holds little or no water given the current economic play on ground.

I hope u understand that the stop rates u quoted are only but ur nominal return investing in that space. …ur RR(real return) remains largely negative or stretched even if u double those figures.
...a brief;

Ur Nos are broadly forward-looking estimates but lets just be generous and assume that the coupon on a 1yr tenure NTB is 5%.(actual 1yr DR is @ circa </=4%)
Lets even double that rate... which would be a 10% nominal return. Unfortunately, that would still be an approx negative 2.7% in real return(net of inflation)
At the OMO space, ur RR will also print negative over a 1yr time-frame.

And I hope u also know that over the same period, certain select healthy coys can deliver near 2x previous yield peg.
Lets dig in a bit more…
A coy like ZENITH bank will likely return a N5.7 cash flow accrual within a roughly 1yr period(N2.7 in march 2021, 30k in July 2021 and another N2.7 in march 2022). At a price peg of N25, that’s a near 23% div yield(circa 22.8%) in nominal return and a net positive near 12.5% real return.
Even if we decide to be cautiously optimistic and assume the bank may pay less dividend within the said time-frame(though there is no just reason to think so at this time), yield would still print at approx 10.3% of real return. Then there is also the matter of a possible cap appreciation to top up ur total CGY.
…the interpretation of this is that it could likely take u as much as 2.5yrs to derive an equivalent value playing a 1yr NTB as it would playing the asset ZENITH, ceteris peribus. Needless to say that aligning with the latter ahead of the former should be a worthy opportunity cost.
The same argument can be made for other healthy high yield-giving coys like GTB, UBA, AFPRUD, UCAP, DSR, DC etc.

Now unless u are one of them fellows who believe that the negative 2.7% RR(from playing in that FI space) is greater than that of 12.5% or min. 10.3% playing the ZENITH asset, u would quite naturally incline with the latter investment channel.

There is need to understand what the market is “playing or acting out” at any given time. While u can not predict with certainty its motive, u can take advantage of its “plays” and the opportunities that come with it.
…the market is about to gift u with one more. Know when and how to act.
No need to fret… trend remains largely bullish!!(see my past post on this line)

Selah

stringsnchords:
Got the call and email already. 1st F2F Interview with the head of HR is on 2nd of Jan. Wish me luck and best wishes to you guys as well

odi104:
Guys, How was the logical reasoning and numerical reasoning test?

Burchester:
Financial market

Burchester:
Since 15 sept after doing video interview haven’t heard from them. Na just to wait for them to reply