creategist:

https://nairametrics.com/2025/01/09/breaking-court-freezes-225-million-in-assets-linked-to-general-hydrocarbons-and-nduka-obaigbena/


To be owed $225.8m by just one debtor o! Not to mention others, and still be standing is no mean feat! Other institutions would have collapsed teytey!

The alleged debtor has responded .

https://saharareporters.com/2025/01/09/nduka-obaigbenas-general-hydrocarbons-ltd-accuses-first-bank-abusing-court-process-warns

https://nairametrics.com/2025/01/09/breaking-court-freezes-225-million-in-assets-linked-to-general-hydrocarbons-and-nduka-obaigbena/


To be owed $225.8m by just one debtor o! Not to mention others, and still be standing is no mean feat! Other institutions would have collapsed teytey!

megawealth01:


Who will sign the payments? FBN battle continues

ositadima1:


When investing, they provide 22% of your initial investment (X) upfront. Effectively, you invest (X - 22% of X).

At the end, you receive back your initial X. This means you've earned 22% of X on a reduced investment base.


The key calculation is: 22% ÷ (1 - 22%) = 28%.


This formula is generalizable - you can replace 22% with any other percentage, and the same ormula applies.

Thank you!

Can someone please show me how they convert 'Discount Rate" to "Yield"?

Video shows some man (purportedly one of influence, member of House of Reps) unreasonably insulting and assaulting a very calm ride-hailing driver. Argument appears to be because the driver had asked the recipient of the package to come and meet him for his package. Awful behaviour!

https://x.com/Yucee_/status/1850661858992107687?t=mW_L-BjpBL2EW4Lzg89WXQ&s=19

Saw this trending the other day. Fact or cap? Anyone with first-hand experience on this claim?
https://x.com/alpontif/status/1845520682135732312?t=Z1gcISF9ZFTKKFPD-Lc35Q&s=19

This is highly unnecessary

ositadima1:
Once upon a time, in Universe 13, there lived a gentle but fearless warrior called Kakarot. He had Vegeta as his childhood friend and was married to Chi-Chi. Together, they had a son named Goku. Kakarot, of the Dragon Balls enterprise, was a passive investor, unlike Madame Mercy56, who was active every day. To be continued...

jedisco:
Hehe.. chasing inflation... back to 2017 I guess. Hope this time it's different

for this OMO with 17% returns can retail investors key into it? if so, how please?

lalalista:
please which firms are regulated by sec?

You can search for SEC-registered firms using the link below:

https://sec.gov.ng/cmos/

Please do you mind sharing such doliar accounts one can use from Nigeria to fund such USD mmfs such as Stanbic's?

sgtponzihater1:


I know bro. I didn't say I have a Nigerian dollar account.
Cheers

How do you intens funding the dollar mmf account there? They refuse usd cash deposits for such investments and doubt any BDC offers USD sales as inflow. So how can you fund your USD mmf account with Stanbic?

sgtponzihater1:
Stanbic IBTC just opened the Stanbic IBTC dollar fund. It's combines eurobond/MMF/ Equities. This fund is a game changer, and I will be looking to move some of my funds here.

You can come on board as well. Use my ref link.

If you like papers funds then my code is YJWX99E4

We must all be rich

PonziHater

Hello all.

Please is anyone conversant on how to get USD inflow into one's domiciliary account?

Been trying to buy USD mutual funds with the popular asset management companies and every one of them has insisted that funding to their account must be done via inflow and not by buying USD to deposit in their account. All BDCs/Abokis I have asked do not do inflow just cash.

Can anyone help on how to go about this debacle please? 🙏 🙏 🙏 🙏

Thank you Doc for this episode. Quite enlightening. Any idea the Eurobonds he mentioned towards the tail-end of the interview that is accessible to retail investors? Ran a google search without much useful results. Thanks for the consistent hardwork and knowledg-sharing via this podcast.

DrAwo:
We chat with Mr Michael Nwakalor, CFA, a professional who works with a Value Investing focused Asset Management firm this week on the podcast.

He speaks on the practical aspects of value investing, why mispricings happen, how to spot them, cognitive biases and the most important trait that retail investors need to invest profitably.

Thanks for listening.

https://podcasts.google.com/feed/aHR0cHM6Ly9hbmNob3IuZm0vcy80ZWI5NzRjNC9wb2RjYXN0L3Jzcw/episode/NWNkYjQ4MTYtZjUyYS00ZTVlLWE3YjctNTI1ZmU1NTdkYzIw?ep=14

It's great to have you back on the air Doc! Yet another high quality guest. Thank you for this podcast!

DrAwo:
We are back!

This week on Value Nigeria Podcast, we have a chat with Mr Sodiq Safiriyu (Equity research analyst, Meristem Securities Ltd) about Understanding Banks.

We talk about the key role banks play in the economy, how banks make money & key metrics to analyse a bank.

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/68--Understanding-Banks-A-chat-with-Mr-Sodiq-Safiriyu-e1moglh

Looking forward to it I know it is a tasking duty to keep up the podcast especially with the calibre of back-to-back high quality guests you field. Well done once more Doc and happy birthday greetings to your Princess as she turns a year older I believe this month.

DrAwo:

I sincerely apologise for the prolonged silence... The planned guest cancelled at the last minute unfortunately hence the gap...

Hopefully, we should be up and running this Sunday or at the most, the next...

I appreciate the checkup...

Hi Doctor Ajibs. I miss listening to this podcast. Please when can one expect more new episodes?

DrAwo:
Mr Yinka Adetuberu (Investment banking/ Equity analyst, Norrenberger) is our guest on the podcast this week. We talk through his transformation from a Physicist into a Finance Professional and the highs & the lows.

We review H1 2022, preview H2 2022/ 2023. He also discussed how to analyse/ research companies and characteristics of a good company.

Thanks for listening.

https://anchor.fm/value-nigeria/episodes/67--From-Physicist-to-Finance-Professional-A-chat-with-Mr-Yinka-Adetuberu-e1la056

Thank you for this. I thought results like this were published just for TBs. Please where can one source such bond results from? Thank you again.

skydiver01:
Kindly find below the result of the FGN bond auction referred to below. You will see that the longer the duration to maturity the higher the reopening stop rates. The stop rates are also reflective of yields obtainable for the existing bonds (same maturity) in the secondary market. This is also why the stop rate on the 2042 surpassed its coupon of 13% by 15 basis points.

Amen Doc and yes I am a man

DrAwo:

Wow...
I appreciate your kind words...
My daughter sends her regards and you'll certainly get an invite...
Happy fathers day to you (if you are a man) and to all the father figures in your life...
May our children's children thank us for the foundation we are laying today...

It's the consistency for me. Well done Doc and thank you for providing us with high-quality guests back-to-back!
Glad to hear a lady (& a very rounded & competent one at that) on the podcast for a change!
Invite me for the birthday in 2 months time o, lol. Happy Father's Day to you & every man here.

DrAwo:
Join us this week on the podcast as we chat with Mrs Bimbo Komolafe (CFEI, CIBN, ICAN) about the basic building blocks for financial freedom...

We discuss how the average Nigerian can earn more, save better and invest well in a bid to be financially fit...

Thanks for listening...

https://anchor.fm/value-nigeria/episodes/65--Earn--Save--Invest-A-chat-with-Mrs--Bimbo-Komolafe-e1k4p7h

A fresh bond advert is up on the DMO website as we speak with Auction Date of next Monday June 20, 2022 and Settlement Date of Wednesday June 22, 2022. (https://www.dmo.gov.ng/fgn-bonds/bonds-offer-circular/3944-june-2022-fgn-bond-offer-circular/file)

In it there are three offers. Each is worth the same amount of N75bn

13.53% FGN Mar 2025 (10 Year Re-Opening)
12.50% FGN APR 2032 (10 Year Re-Opening)
13.00% FGN JAN 2042 (20 Year Re-Opening)

Can anyone please assist in the simplest way possible, with the correct interpretation of say for instance if one were to key into the third one for this coming auction? Will it simply imply that I would receive 13% of my invested value bi-annually for the next 20 years? If this would not be so, by how much would this 13% be reduced? Your assistance is coveted Gurus. Thank you in advance.

emmasoft:


Still 4.5% but effective from 1st July 2022 it will be 6% because [/b]sdf[b] is now 6% following rate hike at the Last MPC meeting in May.

Irrespective of the time of sdf change, it takes effect on VGIF July 1st or January 1st whichever date comes first after sdf change.

Please what do you mean by "SDF"? Thanks in advance.

DrAwo:
New article alert...
Hope you find it helpful...

https://stocksng.com/projection-versus-protection/

Hi Doc. What company on NGX did you refer to in this beautifully-penned article please? Hope you don't mind sharing sir. Thank you.

Please what do the AMCON expenses which GTCo (and possibly other banks) incurred entail?

RabbiDoracle:


Rising OPEX in food and drink companies will easily be passed onto the consumers. Same for petrol retailers and telcos. You must eat. You must drink. You must drive or be driven. You must communicate via text or calls. These are now part of our everyday lives. So investing in inflation hedges (like those mentioned above) will deliver superior returns.

Banks on the other hand will make money especially in Nigeria because loans are given to those manufacturers that they need to service.

Hotels may be battered because they are facing a double whammy of cost. First is the energy cost (so you will be seeing AC room or no AC room queries). Then you have the food inflation which will increase the cost of feeding in all hotels. When hotels pass these costs to customers through higher room rates, patronage is reduced.

As per AMCON.... Eniyanman in SMN those days called it an acronym for "A Massive CON".

[quote author=skydiver01 post=108861970]Good questions below being that time of year one reflects on the year and perhaps make new or adjusted plans for the future.
Re: investments, my responses below would most certainly be boring.



Perhaps not selling some FGN bonds (2034) when yields hit record lows between November 2020 and February 2021 for about 60% profit. This unrealised profit could have been used to buy more in the following months after yields rose again later in the year. But not complaining - still proceeded to compound the coupons.


Please are yields actually able to return up to 60% on FGN bonds? Please pardon my ignorance but it sounds so much! And could you kindly point me in the direction of the portal or site through which you monitor these fluctuations in yields of same bonds. Thanks for this piece of education.

The Sukuk tenors are rather lengthy (7 and 10 years) if someone subscribes to them and intends getting out pre-maturity is it guaranteed he/she will suffer a loss on their initial investment?

United Bank for Africa Successfully Launches US$300 Million 5-Year Senior Notes
https://investorsking.com/2021/11/11/united-bank-for-africa-successfully-launches-us300-million-5-year-senior-notes/


Please does anyone know how to key into this UBA Senior Unsecured Bonds or is it strictly for institutional investors with fat pockets? At least it is a means for one to hedge against currency risk with the way Naira had been dancing pangolo all these years.

emmanuelewumi:



Your N10 million in the savings or current account is different from the N10 million in the fixed deposit.


They are classified differently

Pls Mr Emma how are they treated differently? Is the savings deposit secured by the NDIC while the fixed deposit is not? Thanks in advance.

emmanuelewumi:


We have Indians and Lebanese whose great grand parents came to Nigeria over 100 years ago the Aswani, Vaswani, Chellerams families etc.

They came to Lagos, Ibadan, Kano etc many years ago as traders, artisans, technicians etc and have built multi billion dollars Businesses over the years.

But why are Nigerians themselves not replicating such business success in droves?

Dsticks47:
I am happy to announce that I have joined Satguru Travel as a Marketing Executive (Corporate and Retail Travel) . I resigned from my position with investment one last month.

I am grateful for the few months i spent promoting the firm here on Nairaland.

My time with Investment one has been productive, enjoyable and one filled with tremendous personal growth all thanks to the faceless Forum. My first post here I was called a scammer but nevertheless I was able to prove otherwise. I have been able to further develop my marketing skills and have gained in-depth knowledge of the Investment space something I knew almost nothing about when I joined Investment One.

Thank you so much for trusting me with your Investment needs, and if I can ever be of help to you, please let me know.

Lastly I noticed a lot of prospective client are now interested in the Fintech space If you will want to consider any Fintech i will strongly advice the Ziing mobile app from Investment one which guarantees both your capital and ROI the Ziing app savings features guarantees 4% on your savings account and with no limit to the numbers of withdrawal.
it’s comforting to know that Emmasoft,is readily available to answer all questions relating to the app and definitely other products.
Sincerely,

Goriola David

Very proud of the work you did here. I wish you more success in your new position and hope to patronise your new company's services in the future just because of how diligent you were here.

creategist:
I am happy to announce that I have joined Satguru Travel as a Marketing Executive (Corporate and Retail Travel) . I resigned from my position with investment one last month.

I am grateful for the few months i spent promoting the firm here on Nairaland.

[/b]I am happy for you. You did such an excellent job promoting the brand here. I wish you success in your new position. God bless you.[b]

I am happy to announce that I have joined Satguru Travel as a Marketing Executive (Corporate and Retail Travel) . I resigned from my position with investment one last month.

I am grateful for the few months i spent promoting the firm here on Nairaland.

[/b]I am happy for you. You did such an excellent job promoting the brand here. I wish you success in your new position. God bless you.[b]

seyisanya:
If data is not an issue, please subscribe to this channel. Their teachings are so practical. I've not missed a single video since 2016.

''Rich means you have cash in your bank account. Wealth means you have cash in your unborn kid's bank account.''...Alux, 2021.

Enjoy!


https://www.youtube.com/watch?v=EM7rgY_bxWk

This made plenty sense. Thank you for sharing it. Happy Easter everyone.