₦airaland Forum

Northeastern:
Mr accrual, why would you accrue what you don’t pay? Is the taxes paid on the cash flow statement also accrued?

By his submission, taxes paid should not be there. Do you guys know about CITA at all?

.

Northeastern:
Oga just keep quiet and stop arguing. Even if you’re told something, use your brain instead running with whatever you’re told. You’re now a subject of ridicule.

Your bosses have collected bribe and asked one of those guys to lie to you because you’re a yes sir subordinate.

let us remember that the tax amount in financial statement is accrual (provision)not actual cash payment

davidsexy:
Drivers in house, a fellow brother needs ur help. I need a car on hire purchase for Uber & taxify preferably a toyota in good working condition.
You can contact or WhatsApp me on; 08134434427. Thanks and God bless

where is your location

Legendguru:
As a property owner I advise if you have such fund don’t build in one location I advice splitting the fund into four places get a quarter plot in different hot locations and build 2 bed down and self contain up on each of the land .total cost to build such to finishing stage will be estimated to 7.9 m each.i did similar project recently. I don’t know how much quarter plot land will cost in your area just make inquiries. As for building projects I advice anyone do not contract out buy all your materials yourself and get labor pay per day and supervise them all through thank me later coz you will save a lot

this makes a lot of sense. smaller units are in higher demand and rent paid almost equal big units. thank you for sharing

PETERiCHY:
LAFARGE/WAPCO our 3euro stock is warning it engine to enter full bid.

Not by 2moro when will be on 55% upside like the case of UACN someone will asking how come we always buy low and sell high.

The same we loaded FBNH bus,
UACN bus and
now LAFARGE/WAPCO bus.

Better join now and don't be distracted by their panalysis analysis.

BARGAIN HUNTERS TAKE NOTE!

*ThE OcToPuS*

please tell us the whole story
30% revenue drop and yet profit growth
there must be some exceptional items

emmanuelewumi:
Treasury Bill at 9.4% or money market fund?

this 9.4% being quoted must be one year (prior 12 months) average earnings
do not assume that current investment will give that yield

emmanuelewumi:
The liquidity status given by CBN shows that there is no risk, even Osun State bond performed. There is an irrevocable order which corporate lawyers to the bond must have secured that will mandate the accountant general of the federation to debit the payment at the source, it is what is left after the deduction that the state government can spend. Lagos State government even went a step further by creating a sinking fund for the bond.

With the order given to the accountant general of the federation the bond repayment and coupon MUST be paid before the state pays salaries, build hospitals and schools, repair roads and other expenses of the state government.

Lagos State has a budget of over N1 Trillion and the current is about N100 which is 10% of the budget.

Better to buy in the primary market than to buy at a premium in the secondary market.

findings from my discussion with stock broking firm reveals some special features of this bond offer
interest will not be paid in the next 24 months (moratorium period)
principal will be amortised and paid over 8 years along with interest
no lumpsum payment of principal at maturity

ernie4life:
Lagos state just issued a 100 billion fixed rate bond, tenor is 10 years, indicative rate is between 11.75% - 12.25%

please help with information. sent you a mail but you are not online

Beeman1:
Bastard Ipod. He can only wear this nonsense in East. make him come wear am for North here Na? useless nonentity.

please take it easy.
you sound very bitter
let us learn to tolerate opinion that is at variance with ours

ahiboilandgas:
not possible cos even if you compound 35 m yearly for 20 years this will amount to 532 m by 2039 ....

at 15.4% compounded, 35m in 20yrs is Ib

A B C D E
yrs principal intrest rate intrest B+D
1 35,000,000 15.4% 6,387,066.24 41,387,066
2 41,387,066 15.4% 7,552,626.67 48,939,693
3 48,939,693 15.4% 8,930,887.44 57,870,580
4 57,870,580 15.4% 10,560,663.72 68,431,244
5 68,431,244 15.4% 12,487,853.97 80,919,098
6 80,919,098 15.4% 14,766,732.55 95,685,831
7 95,685,831 15.4% 17,461,478.23 113,147,309
8 113,147,309 15.4% 20,647,981.61 133,795,290
9 133,795,290 15.4% 24,415,982.36 158,211,273
10 158,211,273 15.4% 28,871,596.55 187,082,869
11 187,082,869 15.4% 34,140,305.11 221,223,174
12 221,223,174 15.4% 40,370,487.69 261,593,662
13 261,593,662 15.4% 47,737,601.37 309,331,264
14 309,331,264 15.4% 56,449,122.01 365,780,386
15 365,780,386 15.4% 66,750,387.19 432,530,773
16 432,530,773 15.4% 78,931,505.61 511,462,278
17 511,462,278 15.4% 93,335,527.17 604,797,805
18 604,797,805 15.4% 110,368,104.16 715,165,910
19 715,165,910 15.4% 130,508,915.36 845,674,825
20 845,674,825 15.4% 154,325,175.00 1,000,000,000

Selfgrowth123:
As entrepreneurs, leaders, and bosses, we must realize that everything we think about we are projecting into the future.

Read on to find the words of wisdom that will inspire your heart, motivate your mind in building your business, leading your life, creating success, achieving your goals, and overcoming your fears.

100 Motivational Quotes That Will Inspire You To Be Successful:

1. If you want to achieve greatness stop asking for permission. ~Anonymous

2. Things work out best for those who make the best of how things work out. ~John Wooden

3. To live a creative life, we must lose our fear of being wrong. ~Anonymous

4. If you are not willing to risk the usual you will have to settle for the ordinary. ~Jim Rohn

5. Trust because you are willing to accept the risk, not because it’s safe or certain. ~Anonymous

6. Take up one idea. Make that one idea your life - think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success. ~Swami Vivekananda

7. All our dreams can come true if we have the courage to pursue them. ~Walt Disney

8. Good things come to people who wait, but better things come to those who go out and get them. ~Anonymous

9. If you do what you always did, you will get what you always got. ~Anonymous

10. Success is walking from failure to failure with no loss of enthusiasm. ~Winston Churchill

11. Just when the caterpillar thought the world was ending, he turned into a butterfly. ~Proverb

12. Successful entrepreneurs are givers and not takers of positive energy. ~Anonymous

13. Whenever you see a successful person you only see the public glories, never the private sacrifices to reach them. ~Vaibhav Shah

14. Opportunities don’t happen, you create them. ~Chris Grosser

15. Try not to become a person of success, but rather try to become a person of value. ~Albert Einstein

16. Great minds discuss ideas; average minds discuss events; small minds discuss people. ~Eleanor Roosevelt

17. I have not failed. I’ve just found 10,000 ways that won’t work. ~Thomas A. Edison

18. If you don’t value your time, neither will others. Stop giving away your time and talents- start charging for it. ~Kim Garst

19. A successful man is one who can lay a firm foundation with the bricks others have thrown at him. ~David Brinkley

20. No one can make you feel inferior without your consent. ~Eleanor Roosevelt

21. The whole secret of a successful life is to find out what is one’s destiny to do, and then do it. ~Henry Ford

22. If you’re going through hell keep going. ~Winston Churchill

23. The ones who are crazy enough to think they can change the world, are the ones that do. ~Anonymous

24. Don’t raise your voice, improve your argument. ~Anonymous

25. What seems to us as bitter trials are often blessings in disguise.~ Oscar Wilde

26. The meaning of life is to find your gift. The purpose of life is to give it away. ~Anonymous

27. The distance between insanity and genius is measured only by success. ~Bruce Feirstein

28. When you stop chasing the wrong things you give the right things a chance to catch you. ~Lolly Daskal

29. Don’t be afraid to give up the good to go for the great. ~John D. Rockefeller

30. No masterpiece was ever created by a lazy artist.~ Anonymous

31. Happiness is a butterfly, which when pursued, is always beyond your grasp, but which, if you will sit down quietly, may alight upon you. ~Nathaniel Hawthorne

32. If you can’t explain it simply, you don’t understand it well enough. ~Albert Einstein

33. Blessed are those who can give without remembering and take without forgetting. ~Anonymous

34. Do one thing every day that scares you. ~Anonymous

35. What’s the point of being alive if you don’t at least try to do something remarkable. ~Anonymous

36. Life is not about finding yourself. Life is about creating yourself. ~Lolly Daskal

37. Nothing in the world is more common than unsuccessful people with talent. ~Anonymous

38. Knowledge is being aware of what you can do. Wisdom is knowing when not to do it. ~Anonymous

39. Your problem isn’t the problem. Your reaction is the problem. ~Anonymous

40. You can do anything, but not everything. ~Anonymous

41. Innovation distinguishes between a leader and a follower. ~Steve Jobs

42. There are two types of people who will tell you that you cannot make a difference in this world: those who are afraid to try and those who are afraid you will succeed. ~Ray Goforth

43. Thinking should become your capital asset, no matter whatever ups and downs you come across in your life. ~Dr. APJ Kalam

44. I find that the harder I work, the more luck I seem to have. ~Thomas Jefferson

45. The starting point of all achievement is desire. ~Napolean Hill

46. Success is the sum of small efforts, repeated day-in and day-out. ~Robert Collier

47. If you want to achieve excellence, you can get there today. As of this second, quit doing less-than-excellent work. ~Thomas J. Watson

48. All progress takes place outside the comfort zone. ~Michael John Bobak

49. You may only succeed if you desire succeeding; you may only fail if you do not mind failing. ~Philippos

50. Courage is resistance to fear, mastery of fear - not absense of fear. ~Mark Twain

51. Only put off until tomorrow what you are willing to die having left undone. ~Pablo Picasso

52. People often say that motivation doesn’t last. Well, neither does bathing - that’s why we recommend it daily. ~Zig Ziglar

53. We become what we think about most of the time, and that’s the strangest secret. ~Earl Nightingale

54. The only place where success comes before work is in the dictionary. ~Vidal Sassoon

55. The best reason to start an organization is to make meaning; to create a product or service to make the world a better place. ~Guy Kawasaki

56. I find that when you have a real interest in life and a curious life, that sleep is not the most important thing. ~Martha Stewart

57. It’s not what you look at that matters, it’s what you see. ~Anonymous

58. The road to success and the road to failure are almost exactly the same. ~Colin R. Davis

59. The function of leadership is to produce more leaders, not more followers. ~Ralph Nader

60. Success is liking yourself, liking what you do, and liking how you do it. ~Maya Angelou

61. As we look ahead into the next century, leaders will be those who empower others. ~Bill Gates

62. A real entrepreneur is somebody who has no safety net underneath them. ~Henry Kravis

63. The first step toward success is taken when you refuse to be a captive of the environment in which you first find yourself. ~Mark Caine

64. People who succeed have momentum. The more they succeed, the more they want to succeed, and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy. ~Tony Robbins

65. When I dare to be powerful - to use my strength in the service of my vision, then it becomes less and less important whether I am afraid. ~Audre Lorde

66. Whenever you find yourself on the side of the majority, it is time to pause and reflect. ~Mark Twain

67. The successful warrior is the average man, with laser-like focus. ~Bruce Lee

68. Take up one idea. Make that one idea your life — think of it, dream of it, live on that idea. Let the brain, muscles, nerves, every part of your body, be full of that idea, and just leave every other idea alone. This is the way to success. ~Swami Vivekananda

69. Develop success from failures. Discouragement and failure are two of the surest stepping stones to success. ~Dale Carnegie

70. If you don’t design your own life plan, chances are you’ll fall into someone else’s plan. And guess what they have planned for you? Not much. ~ Jim Rohn

71. If you genuinely want something, don’t wait for it — teach yourself to be impatient. ~Gurbaksh Chahal

72. Don’t let the fear of losing be greater than the excitement of winning. ~Robert Kiyosaki

73. If you want to make a permanent change, stop focusing on the size of your problems and start focusing on the size of you! ~T. Harv Eker

74. You can’t connect the dots looking forward; you can only connect them looking backwards. So you have to trust that the dots will somehow connect in your future. You have to trust in something - your gut, destiny, life, karma, whatever. This approach has never let me down, and it has made all the difference in my life. ~Steve Jobs

75. Successful people do what unsuccessful people are not willing to doDon’t wish it were easier, wish you were better. ~Jim Rohn

76. The number one reason people fail in life is because they listen to their friends, family, and neighbors. ~Napoleon Hill

77. The reason most people never reach their goals is that they don’t define them, or ever seriously consider them as believable or achievable. Winners can tell you where they are going, what they plan to do along the way, and who will be sharing the adventure with them. ~Denis Watiley

78. In my experience, there is only one motivation, and that is desire. No reasons or principle contain it or stand against it. ~Jane Smiley

79. Success does not consist in never making mistakes but in never making the same one a second time. ~George Bernard Shaw

80. I don’t want to get to the end of my life and find that I lived just the length of it. I want to have lived the width of it as well. ~Diane Ackerman

81. You must expect great things of yourself before you can do them. ~Michael Jordan

82. Motivation is what gets you started. Habit is what keeps you going. ~Jim Ryun

83. People rarely succeed unless they have fun in what they are doing. ~Dale Carnegie

84. There is no chance, no destiny, no fate, that can hinder or control the firm resolve of a determined soul. ~Ella Wheeler Wilcox

85. Our greatest fear should not be of failure but of succeeding at things in life that don’t really matter. ~Francis Chan

86. You’ve got to get up every morning with determination if you’re going to go to bed with satisfaction. ~George Lorimer

87. To be successful you must accept all challenges that come your way. You can’t just accept the ones you like. ~Mike Gafka

88. Success is...knowing your purpose in life, growing to reach your maximum potential, and sowing seeds that benefit others. ~ John C. Maxwell

89. Be miserable. Or motivate yourself. Whatever has to be done, it’s always your choice. ~Wayne Dyer

90. To accomplish great things, we must not only act, but also dream, not only plan, but also believe.~ Anatole France

91. Most of the important things in the world have been accomplished by people who have kept on trying when there seemed to be no help at all. ~Dale Carnegie

92. You measure the size of the accomplishment by the obstacles you had to overcome to reach your goals. ~Booker T. Washington

93. Real difficulties can be overcome; it is only the imaginary ones that are unconquerable. ~Theodore N. Vail

94. It is better to fail in originality than to succeed in imitation. ~Herman Melville

95. Fortune sides with him who dares. ~Virgil

96. Little minds are tamed and subdued by misfortune; but great minds rise above it. ~Washington Irving

97. Failure is the condiment that gives success its flavor. ~Truman Capote

98. Don’t let what you cannot do interfere with what you can do. ~John R. Wooden

99. You may have to fight a battle more than once to win it. ~Margaret Thatcher

100. A man can be as great as he wants to be. If you believe in yourself and have the courage, the determination, the dedication, the competitive drive and if you are willing to sacrifice the little things in life and pay the price for the things that are worthwhile, it can be done. ~Vince Lombardi

As we read these thoughts, know they are sources of guidance in times of need, they can give us inspiration in times of struggle, they can motivate us in times of tribulations — success is not final and failure is not forever: it is the motivation we to choose that matters most.

thank you for this. Do not be discouraged by some comments here. it is insightful for the discerning mind. please do post more.

ediman:
You are angry the the son didn't grow up to become an armed robber like you the Igbo's.

Useless blood suckling demons.

I hate Igbos. I will disown any of my family members who tries to support Biafra

take a very deep breath, relax and take it easy. God will bless you as you love your neighbour as yourself

exclusiveoloori:
I don't understand this calculation , how do you get these figures? my calculation is not near to these figures you posted here after the years. I need a serious break down.

Thanks

I hope below helps

A B C D E
yrs principal intrest rate intrest B+D
1 3,000,000 15.5% 465,000.00 3,465,000
2 3,465,000 15.5% 537,075.00 4,002,075
3 4,002,075 15.5% 620,321.63 4,622,397
4 4,622,397 15.5% 716,471.48 5,338,868
5 5,338,868 15.5% 827,524.56 6,166,393
6 6,166,393 15.5% 955,790.86 7,122,184
7 7,122,184 15.5% 1,103,938.45 8,226,122
8 8,226,122 15.5% 1,275,048.90 9,501,171
9 9,501,171 15.5% 1,472,681.48 10,973,852
10 10,973,852 15.5% 1,700,947.11 12,674,799
11 12,674,799 15.5% 1,964,593.92 14,639,393
12 14,639,393 15.5% 2,269,105.98 16,908,499

GTB and 18.05% for 364 days. they have been giving this irrespective of market outcome. GTB making money from this new rule

Raymondluv:
Ubochi nta ka anyi achuo na owere nchi, please translate it in english for me thanks

idiomatic expression
meaning largely depends on the context it was used.

literally
Ubochi nta -on a hunting day
ka anyi achuo na owere nchi - we will explore nchi's (popular game in Igbo land) backyard.

GTB 18.05% FOR 364 DAYS

hello dear,

if you are true and really desire to help, put the information in this place.

thank you and best regards

SuperS1Panther:
Your key role should be

1. Stop the daily brain being witnessed in the gully eroded red mud region.

2. Direct all your IDPs in every nook and cranny of Nigeria to relocate back into your landlocked pathetic enclave.

3. Stop demanding for the release of the Crowned Prince of Kuje Prison because he is a treasonable felon and a traitor of the Nigerian State and Treason is the only act that God Himself did not condone and forgave and FG too will not.

4. Educate and reform all those Kidnappers baby factory entrepreneurs, drug traffickers, ritualists, armed robbers, fake drug producers etc

My candid advise.

it will be nice if you think twice before submitting any post

ganasy:
Just got an alert from GTB. Based on my calculation their rate is approx 13.03 for 91 days. This is my first time of investing.

Pls when will subsequent payments be made?

Thank you

mine was 18% for 365 days
gtb

ukay2:
Please are we bidding through banks for this 15th March 2017 NTB. ...how effective is this new DMO circular on NTB? ?

Thanks for kind replies. ....

No specification of rate
you go with bank rate
bank rates will keep going lower as time progresses
as they will take advantage of the new rule

OBAGADAFFI:
The FGNSB will be offered to investors through Offer for Subscription at an interest rate to be announced by the DMO.

thank you.
any idea when it will be announced

OBAGADAFFI:
FGN SAVINGS Bond ……. good investment opportunity for all

The Debt Management Office, on behalf of the Federal Government of Nigeria invites all Nigerians to invest in the FGN Savings Bond, a retail savings product accessible to all income groups.



Purpose
Deepen the national savings culture.
Diversify funding sources for the Government.
Provide opportunity to all citizens irrespective of income level to contribute to National Development.
Enable all citizens participate in and benefit from the favourable returns available in the capital market.

Benefits
Interest income is paid quarterly directly into bond holder’s account.
The Bond is acceptable as collateral for loans by banks and can be sold for cash in the secondary market before maturity.
Good for savings towards retirement, marriage, school fees, house projects, etc.

Features
The product will be issued monthly in tenors of 2 and 3 years.
Interest will be paid quarterly to investors.
The FGNSB will be offered to investors through Offer for Subscription at an interest rate to be announced by the DMO.
There will be no fees or charges for subscriptions.
The Offer for subscription will be open for 5 days from the date of announcement.
Minimum subscription amount is N5,000.00 with additions in multiples of N1,000.00, subject to a maximum of N50,000,000.00.
Central Securities Clearing System (CSCS) Accounts of investors will be credited and text alerts will be sent to investors on Settlement Day.
Listed on The Nigerian Stock Exchange.
The Bond is backed by the full faith and credit of the Federal Government of Nigeria.

Subscription Mode
Investors are to subscribe through stockbroking firms trading on the floor of The Nigerian Stock Exchange (NSE) and accredited by the DMO to act as Distribution Agents. Please visit www.dmo.gov.ng for the list of accredited Stockbroking Firms.

at what rate will it be issued.
critical to making investment decision is yield.
this cannot be calculated/estimated with information available
please educate me if I am wrong

Have they announced the interest rate

PETERiCHY:
After 2 unsuccessful bids Fidelity finally debited my account today based Dec 14th primary auction at my own discount of rate of 18.65% on 365% Tenor.

They even left the yield in my acct, Honestly I felt like someone that robbed CBN

Glory be to God almighty.

*ThE OcToPuS*

congratulations

Kentrasso:
So would it be taken at the next auction or what exactly should I do?

talk to your bank. I have not had similar experience

Kentrasso:
If there was no auction yesterday does this mean they would take the money for the next one? I specified auction for the 21st December for 364 days at 18.5%

364 days was not offered for sale yesterday

Auction Date Security Type Tenor Auction No. Auction Week Maturity Date Succesful Bid Rate
12/21/2016 NTB 91 21-12-2016 - 91 Day Primary Market 4th Week 3/23/2017 13.0000 - 14.0000
12/21/2016 NTB 182 21-12-2016 - 182 Day Primary Market 4th Week 6/22/2017 16.0000 - 17.5000

An0nimus:
i have for desktop. not phone

please share

please any link for life streaming

PETERiCHY:
The next NTBs auction will take on 30th Nov.
I place a bid of 18.5% on a 364days tenor via Fidelity Bank but its like i will raise it to 19%.

have fidelity debited you. yet to get any alert from them on 91 days order placed below 13.99% rate

awesomeJ:
NTB 1st quarter 2017 auction calendarMy Projection)
14th Dec
21st Dec
4th Jan
18th Jan
1st Feb
15th Feb
1st Mar.
There are always 7 auction days in every TBills quarter. This next auction is the last one for the Q4 2016 calendar
N.B The above dates are auction dates, settlement dates for each auction Wednesday is the following Thursday.

it cannot be 14th and 21st dec. there is usually 2 weeks gap. you may wish to revise

in first banks form, options of investing interest along with capital is provided.

who have done this before and how does it work