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Obinnau's Posts

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Travel / Re: Giving Birth In Brazil by Obinnau(m): 5:37pm On Sep 27
Engrmustyboss:
Gurus in the house, please advise me. Currently I have two PhD offers, one in China and the other one in Brazil.Please which one do you think is the best considering future prospects. Thank you.
Brazil

1 Like

Travel / Re: Study In Brazil: Admissions And Visa Procedures by Obinnau(m): 6:49am On Sep 26
When is the GCUB result supposed to be out?
Investment / Re: Mutual Funds by Obinnau(m): 4:06pm On Sep 25
dear emmasoft, Please what is the current rate for Norrenberger dollar fund?
Travel / Re: Giving Birth In Brazil by Obinnau(m): 7:29pm On Sep 24
Lollycrystal:
Hello everyone,

Please how do you go about the health insurance part for a tourist visa.

I would appreciate a prompt response. Thank you.
Search online for axamansard NG travel insurance

2 Likes

Travel / Re: Giving Birth In Brazil by Obinnau(m): 9:09pm On Sep 19
Coo1mana:
My journey with Brazilian visa started January, I submitted online waited for invitation to submit hard copies till the program I wanted to attend passed. March, I reapplied with another event, this time I submitted immediately without waiting for invitation. May, immediately the event passed, I received mail from them that I should get invitation letter from the Organiniser of another event I want to attend in Brazil. I told them that I don't have any other event but will like to take vacation. I reapplied June And was invited for physical interview on July that was when my status turn to review. During the interview I was asked to provide some documents. I sent through mail but no response. I now decided to open another application.
Do you know that after I submitted hard copies my status went back to sent since July till date.
If you were pregnant, you for don born am tey tey grin grin grin
Travel / Re: Giving Birth In Brazil by Obinnau(m): 8:19pm On Sep 19
oluomoadeb:


It could be because loads of people are seeking asylum immediately after getting into the country which is taking a toll on their system.
The recent ugly news about what is happening at the Sao Paulo airports could be a serious variable to explain the current impasse.

Already Turkish and Qatar airlines have established a hidden embargo on passengers coming from Sub-Saharan Africa to Sao Paulo

2 Likes

Investment / Re: Mutual Funds by Obinnau(m): 8:15pm On Sep 19
Money market fund has been performing well so far

2 Likes

Business / Re: Brief Summary Of All My Business Encounter In 2016. - I Take A Bow by Obinnau(m): 11:47am On Sep 17
Dear Ymodulus, I usually do wonder what became of you. How are things?
Investment / Re: Mutual Funds by Obinnau(m): 11:44am On Sep 17
MelaninGemstone:
Hello sir Obinnau

Happy birthday sir. I wish you long life and prosperity

Please which of the accounts is my uncle supposed to make deposit to

Please advise

Thak you for the wishes.

Since the interest is Money market mutual fund (100% in Money Market instruments such as Treasury bills, commercial papers),

He should initiate a deposit to the first UBA account details titled UBA Nom First Trustees Stanbic IBTC
Money Market Fund (the first account)

1 Like

Adverts / Re: Sell Paypal Funds,gift Cards, @ A Sweet Rate by Obinnau(m): 11:02am On Sep 15
Okodav:


Ecode or physical card?

Do you have the receipt?
Just the email, with the link. I have not applied it to my Amazon account. Below
Investment / Re: Mutual Funds by Obinnau(m): 5:24pm On Sep 13
MelaninGemstone:
Thank you
But when the funds are already invested

Let’s say my uncle wants to invest for 6 months After 6 months, Liquidating his funds and withdrawing his capital and interests won’t be an issue right ? There won’t be any stories or problems
No, he will only be charged 20% of his earned interests if he decides to withdraw before 30 days. after 30 days, no issues. the only downside is that he may be limited to withdrawing 5 million per day (not so sure)
Investment / Re: Mutual Funds by Obinnau(m): 5:01pm On Sep 13
MelaninGemstone:
thank you, I will surely use your link

Please hope this investment is safe and this old man won’t lose his money
Hope transferring such amount of money to Stanbic IBTC mutual fund account is safe

Please sorry for all the questions, I promised to help him gather all required info. And the man is so skeptical. He doesn’t want to lose his money, he will rather just buy a house as he feels the property will appreciate over the years
The best way to ensure transparency and safety, given the amount of funds involved is that after he has signed up for his account and received his Reference number, he should ho directly to his GTBank branch with the reference number and initiate a funds transfer directly from his branch to the Account that Stanbic will provide for him. this way is rest assured
Investment / Re: Mutual Funds by Obinnau(m): 4:56pm On Sep 13
MelaninGemstone:
thank you, I will surely use your link

Please hope this investment is safe and this old man won’t lose his money
Hope transferring such amount of money to Stanbic IBTC mutual fund account is safe

Please sorry for all the questions, I promised to help him gather all required info. And the man is so skeptical. He doesn’t want to lose his money, he will rather just buy a house as he feels the property will appreciate over the years
This is the fund factsheet for august 2024, and people with total equivalent of ₦577.75 billion Trusts Stanbic IBTC with their funds.

Investment / Re: Mutual Funds by Obinnau(m): 4:52pm On Sep 13
MelaninGemstone:
he lived abroad (USA) for 25 years and worked for the government

He recently just retired and returned home with his life savings, retirement benefits etc Now that he is old, he wants to live and grow old in Nigeria. He wanted to buy a house here in Nigeria with the money, but I advised him to do an investment first to earn something from this amount of capital.

Please if there is any investment better than Stanbic money market, please advise me

at current rates, he earns 4,406,250 naira per month.

Investment / Re: Mutual Funds by Obinnau(m): 4:47pm On Sep 13
MelaninGemstone:
Thank you very much

That means he has to open an account with Stanbic ? Because the funds are currently domiciled in GTBank

Can he move the funds to the Stanbic money market account at once

Please advise. Because this man is an elderly man in his late 60s and is not so tech savvy

No, he does not need to open a StanbicIBTC Account. All he needs to do is sign up using the stanbicIBTC website, he should have his BVN and means of identification handy. after he has submitted his details on stanbic website, they will reach out to him in about 2 business days with his reference number and then he will put the reference number in the transfer narration when he is transferring his money from his GTBank to the Stanbic IBTC mutual funds account so that the Stanbic team can track that the money is attached to the account bearing the reference number.
You can sign him up using my referral link
https://www.stanbicibtcfundsmanagement.com/invest-now-4b5rly98
contact me if you need further assistance.
Investment / Re: Mutual Funds by Obinnau(m): 4:28pm On Sep 13
MelaninGemstone:
Hi sir, I have a big uncle who just returned from abroad with about 250M

Do you know if he can get above 20% for that amount if he invests it in Stanbic Money Market

Investment / Re: Mutual Funds by Obinnau(m): 4:24pm On Sep 13
MelaninGemstone:
Hi sir, I have a big uncle who just returned from abroad with about 250M

Do you know if he can get above 20% for that amount if he invests it in Stanbic Money Market
yes, current rate is above 20 percent.
Adverts / Re: Sell Paypal Funds,gift Cards, @ A Sweet Rate by Obinnau(m): 4:21pm On Sep 13
how much is the rate for amazon UK gift card 37 pounds
Investment / Re: Mutual Funds by Obinnau(m): 4:07pm On Sep 13
Richdiamond000:
Hey guys

I contacted GT Fund Managers about investment, the gave me forms to fill and account to deposit my investment amount.

What that made me surprised is the fact that the account was a Stanbic IBTC account

Why would GTBank Fund managers be using an account with Stanbic IBTC ?

Does this mean the fund I’m investing with them is going to be re-invested by them into Stanbic Money Market Investment ?? This is weird

It is normal. All mutual funds select another bank to act as the funds custodian to minimize misuse of investor funds. For example, I use StanbicIBTC, But I make my deposits to a UBA account

2 Likes

Investment / Re: Mutual Funds by Obinnau(m): 2:33pm On Sep 09
uwaifou:
It appears every body tilted towards Stanbic MMF. FBN QUEST has the highest returns on investment followed by UNITED CAPITAL. I stand to be corrected.
what are the rates?
Career / Re: Indians Taking Over Jobs In Oil And Gas’, PENGASSAN Raises Alarm by Obinnau(m): 3:59pm On Sep 08
Covid19lockdown:
It will not be too long countries will start banning Indians. Come to UK, they have taken over care jobs, warehouse, driving and other sectors. In 20yrs to come, if nothing is done I guarantee you Indians might take over UK.

Indians knows how to dominate. Is because of them mostly UK ban care and students dependents. One person will be coming, he or she will carry the entire family. FG need to look into this asap.
Please explain to me how what you just said is different from what the Yorubas in Lagos are telling our Igbos. Or are Igbos not bring their families to Lagos. Let us put aside that we are all Nigerians, and Lagos was once a capital city. But the same can also be said about the relationship of UK and Commonwealth countries.
If they are dominating, adapt and be like them.
Travel / Re: Giving Birth In Brazil by Obinnau(m): 11:43am On Sep 04
fantomziony:
Hello House , I have gotten to the stage where i need to upload my signature and picture , and other documents , I just wanted to ask , Do i upload my statement of account also there ..... Please i need help
Yes, there is the document description that states your account statement.
Food / Re: These Are Rare Fruits That Are Found In The North And Their Health Benefits by Obinnau(m): 2:48pm On Aug 30
You are largely right.

But,

Icheku, Velvet tamarind (Dialium cochinchinense) is from trees in the rainforest region. not a Northern Tree. it grows in my village in Enugu in abundance.

Eggplant is also not a crop with Northern Origins.

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Investment / Re: Mutual Funds by Obinnau(m): 9:04pm On Aug 28
How does what happens in the stock market affect mutual funds? Assuming we have a financial catastrophe like that of 2008, how will it affect mutual funds?

Cc: emmasoft
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Obinnau(m): 7:53pm On Aug 22
Deeegbee:


Which of the banks offer as high as 10%?
StanbicIBTC Mutual Fund gives as high as 18%
Travel / Re: Giving Birth In Brazil by Obinnau(m): 7:50pm On Aug 22
Griot77:
Not a good outlook if you ask me, they will now scrutinize every female or pregnant female trying to travel to Brazil. Birthing onboard a flight is big risk, what if she needed emergency surgery or other kind of care not available onboard that flight and which could put her life at risk. Nigerians should learn to do the right thing at the right time.
This could potentially block this pathway for others.
Spot on. there are things people do and they do know that they blocking the chances of people coming after them, but they still go ahead and do it. not nice

1 Like

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Obinnau(m): 4:51pm On Aug 22
Skydivine:

In the East, 4 flats instead of detached twin duplex will be more money if you are considering rental.

Mutual fund might return up to 7-10% annually.
Let’s do the calculation with $100k (#155M). Foreign mutual fund ( in dollars) is better to avoid devaluation of naira.

10% of #155M is #15 less tax #12M

Rent for 4 flats in developing area in Enugu or Owerri is an average of #700k yearly x 4 = .#2.8M

Land is not predictable. But averagely you must hold it up to 2 to 3 years to see significant return of about 30 -50 percent.

In every investment, there is always the risk of loss of money.


In other words Mutual funds is the most likely option
Travel / Re: Giving Birth In Brazil by Obinnau(m): 4:08pm On Aug 22
Chai

Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Obinnau(m): 3:14pm On Aug 22
floshady02:
Let’s learn something new. So, I just bought this particular Truck of Granite for 194,500 full 15 tonnes.

Interesting. how much do they sell 1 tonne, and how much they charge you for delivery fees.
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by Obinnau(m): 10:34am On Aug 22
A quick question builders.

Build a twin detached duplex in Nigeria for rent (southeast) or use the money to purchase more lands or hold the money in a mutual fund while determining the economic and security situation of the country.

The funds for the building comes in monthly trickles

Cc EgunMogaji2

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