missjekyll:


And when you want to move the money back to dollars?

Probably better to invest in index funds. It's up 50% .

Please how did you invest in index funds from Nigeria?

Meerahbel:
Ah! You are in this section. 2025 go sweet be that.

Joy is Here already.
. Biko remind me. Meerahbel?

RonuMiscreant:

Please how did you invest in index funds from Nigeria?

My bad. I thought you were in the US since you had a dollar account. I apologise.

RayRay06677:


We invested in agbalaka bond backed up by one SW state.

They paid first 3 coupon and when the gov died, next gov ignored us for another 2 years only for Afrinvest to buy us out with only our capital and interest of 2 years gone.

Good news, I got my capital.

Thanks for this useful feedback. Could you please share when the Afrinvest intervention took place as I would like to take it up with them.

They were original bookrunners on the bond and, as I recall, one of the security instruments with this bond was a legally constituted charge on accounts related to the Ondo state allocations from the FGN, and was blessed by the State legislature. Don't want to be flippant but it shouldn't matter whether the Governor died or lived on. So the bond was not really unsecured.

If this arrangement failed then it has implications for similar arrangements elsewhere and must be publicized widely.

Bakosokoto:

You might want to look @ Presco PLC 7yrs Bond on offer now

On this particular bond, yes it is unsecured, but you rely on the Aa rating from Agusto in making the investment decision.

missjekyll:


And when you want to move the money back to dollars?

Probably better to invest in index funds. It's up 50% .

You can exchange naira for dollar anyday anytime

manwomanok:
Description : Bond Purchase: 18,193 FG202033S6 @NGN97.85

amount deducted is about N18,3m

I got the above today. can someone break it down for me before I ask my broker question tomorrow

am a learner in Bond market

your attention please @ skydiver01 , Akerewe ,freeman67, emmasoft, ositadima1 and other boss

Bosses in the house doesn't look at my side this time. I am newbie on Bond investment, don't want to call my broker and ague blindly the reason I brough this for an insight

the gist was I asked my broker to buy me Bond worth of 20m , got a reply that they have only 18m worth, I gave the go ahead

with what I have been learning here It look something is not right, may be an error or something.  my reason of coming to my Bosses to shed more light.

jabolo:


Thanks for this useful feedback. Could you please share when the Afrinvest intervention took place as I would like to take it up with them.

They were original bookrunners on the bond and, as I recall, one of the security instruments with this bond was a legally constituted charge on accounts related to the Ondo state allocations from the FGN, and was blessed by the State legislature. Don't want to be flippant but it shouldn't matter whether the Governor died or lived on. So the bond was not really unsecured.

If this arrangement failed then it has implications for similar arrangements elsewhere and must be publicized widely.


On this particular bond, yes it is unsecured, but you rely on the Aa rating from Agusto in making the investment decision.

Afrinvest paid capital in November 2025.

I rushed and accepted by signing off the interest.

manwomanok:


Bosses in the house doesn't look at my side this time. I am newbie on Bond investment, don't want to call my broker and ague blindly the reason I brough this for an insight

the gist was I asked my broker to buy me Bond worth of 20m , got a reply that they have only 18m worth, I gave the go ahead

with what I have been learning here It look something is not right, may be an error or something.  my reason of coming to my Bosses to shed more light.

You have already bought na wetin you want argue for again again.?

It doesn't look bad, sha.

What's the rate?

Meerahbel:
Which is the best app to use for Till?

You mean TB? I use ARM and they've been very ok

Hi, Abeg guys that previously bought TBs via GTB has the issue of its non appearance on the internet platform been rectified?

missjekyll:


My bad. I thought you were in the US since you had a dollar account. I apologise.

when did I say that?

Please bosses what's the best between Money market fund and tills?

RonuMiscreant:
when did I say that?

Did you not say that? Methinks you did. Right in the middle of your sentence.

NB: I did apologise for misreading you but I m ready to have a big ol' bustup just like in the days of old.