Will SFS Funds pay Quaterly Dividends this January? I am asking because they are not showing any signs of remitting money

CBN asked banks to deduct 50 naira for every foreign currency transaction in Dom account equivalent to 10000 naira.
This means if you have 100 USD which is equivalent to 90000 naira, the amount to be deducted is 50×9= 450 naira

DonationWorld:
Will SFS Funds pay Quaterly Dividends this January? I am asking because they are not showing any signs of remitting money

Yes, they will. It's always within the first week of a new quarter.

civilserva:
CBN asked banks to deduct 50 naira for every foreign currency transaction in Dom account equivalent to 10000 naira.
This means if you have 100 USD which is equivalent to 90000 naira, the amount to be deducted is 50×9= 450 naira

You're getting the interpretation wrong. Ask questions and don't just assume

What they mean is that there will be a charge of 50 naira on fcy of 10,000 and above in naira.

If 10usd entered your account, which in naira equals 10 * 1000 = 10,000naira, you would be charged 50 naira

If something higher than 10usd entered your account and the conversion is 'equal to or greater than' 10,000naira, you would still be charged 50naira

If something below 10usd entered your account and the conversion is not up to 10,000naira, you would not be charged

civilserva:
CBN asked banks to deduct 50 naira for every foreign currency transaction in Dom account equivalent to 10000 naira.
This means if you have 100 USD which is equivalent to 90000 naira, the amount to be deducted is 50×9= 450 naira

You are talking trash. Another person that wants to sound intelligent instead of simply asking more learned people to explain the directive to him. Na this kind people cause the Naira scarcity in the country with their rumor mongering on things wey dem no sabi. Hopeless people.

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See where yahoo boy come find Mugu. Hahaha

QuinModah:
Share this idea ONLY to your family members, church members, colleagues and friends

Nice response!

Happy new year to you all


For those that will like to venture into agriculture


I have some tractors for sale.


I will not like to derail

Oyeleye101:
Anyone with guidelines on how to change my sukuk rental payment receiving account details to another account number?

I was told to fill an indemnity form. Anyone filled that form before? And does it have any bad consequences?
I'm worried because I just wanted to change account details and they asking me to fill indemnity form

Oyeleye101:

I was told to fill an indemnity form. Anyone filled that form before? And does it have any bad consequences?
I'm worried because I just wanted to change account details and they asking me to fill indemnity form

The implications of what you are asking is not as simple as you think. This is money matter o. They have to be sure they are dealing with the right person and adhere to regulatory rules of engagement

Follow the process, anything you are asked to do please do because it's for your good to avoid any story that touch.

In the financial or investment world, anything that involves change of any initial personal information supplied is taken very seriously and there are procedures to achieving such a change.

ogawisdom:
TB rates

It's really going high 15.7% last time

Time for me to return and leave fixed income

Hello, Is the 9% rate for 90days per annum? I.e 90/365*9% or for the quarter.

shizzy7:
Hello, Is the 9% rate for 90days per annum? I.e 90/365*9% or for the quarter.

Yes. All rates quoted on any government regulated investment instruments are per annum. The rates on the various tenors are all prorated accordingly.

Oyeleye101:

I was told to fill an indemnity form. Anyone filled that form before? And does it have any bad consequences?
I'm worried because I just wanted to change account details and they asking me to fill indemnity form

I am interested in changing my account details too. Where did you apply to for account change?

shizzy7:
Hello, Is the 9% rate for 90days per annum? I.e 90/365*9% or for the quarter.

Yes everything is pa worked down to 90 days

Please which bank is best good for fix deposit or for savings with reasonable interest.

How many percents counts per year counts as reasonable interest to you?

raphemmanuel:
Please which bank is best good for fix deposit or for savings with reasonable interest.

dammybrite:
How many percents counts per year counts as reasonable interest to you?

a minimum of 20% annual. (Could that be realistic?)

ositadima1:


Okay...

how much can I budget for ubomiri pride price for men and women

Good day house, pls when is the next FGN BOND 2024

Kelvin58:
how much can I budget for ubomiri pride price for men and women

Wetin be this ?

Kelvin58:
how much can I budget for ubomiri pride price for men and women

Hian, na this kind comment dey attract , konk for Head, Yamayama and bald head response from posters on nairaland

Kelvin58:
how much can I budget for ubomiri pride price for men and women

2 shilling with 1 mad cow

Akerewe:
Good day house, pls when is the next FGN BOND 2024

Been checking DMO website every day but no update so far.

Alert the house whenever it's out.

Thanks.

RayRay06677:


Been checking DMO website every day but no update so far.

Alert the house whenever it's out.

Thanks.

Checking too, no wahala

https://www.nairaland.com/7961151/total-war-against-name-checkers

I am happy to inform the house on the above. Henceforth, whoever intentionally or unintentionally do in because it's already in their blood will be banned.

I appreciate Seun for this. It will at least preserve the sanity of the thread.

freeman67:
https://www.nairaland.com/7961151/total-war-against-name-checkers

I am happy to inform the house on the above. Henceforth, whoever intentionally or unintentionally do in because it's already in their blood will be banned.

I appreciate Seun for this. It will at least preserve the sanity of the thread.

Wetin this one dey talk

RayRay06677:


Been checking DMO website every day but no update so far.

Alert the house whenever it's out.

Thanks.

Hello, what about TB. When is the next bidding.

How was your equity performance last Friday? I'm planning to join now it's 8%. You don become guru now with experience & I wanna learn from you. [b][/b]

Allboiz:


Lol... You dey laugh me

I go soon become rich

Today, I saw an increase of #106 just with 25k o

Altogether, we have 24906

Hopefully, I should be getting around 3k steady on the 25k if things fall in good place

As I said, this is just a test

I want to get used to equity fund

Maybe someday, I'll have the courage to put something big

Batman2412:
How was your equity performance last Friday? I'm planning to join now it's 8%. You don become guru now with experience & I wanna learn from you. [b][/b]

Lol. As at Friday I last checked, it has turned to 27k. That is 2k within just one week. I'm still observing anyway. I also noticed the decline in the interest rate. Let's see what happens tomorrow and Tuesday.

Wow! That makes a lot of sense. Thanks for the insight. I'll move small money from mmf and play equity tomorrow. Thanks for your quick reply

Allboiz:


Lol. As at Friday I last checked, it has turned to 27k. That is 2k within just one week. I'm still observing anyway. I also noticed the decline in the interest rate. Let's see what happens tomorrow and Tuesday.

Please , when is the next ntb?

Ibrahim505:
.

Hello, please when is the next TB bidding?