Educationalserv:
pray to win BBN 90 m price someday so hate would not kill you ,I heard you have been evicted from the house and now back on hating and living on treasury bill thread.

I have read all your tribalistic rants against igbos on Nairaland. May better correct yamayama disease nack your head this afternoon. Your tribalistic agenda will never agend. Useless he goat

Get lost you babanla Idiot, I am not an ethnic champion like you,I don't know what Ahib said all over NL and i don't care to know, as far as i am concerned Ahib is one of the backbone of this thread and his investment/financial knowledge is top notch, that is the way i see it and i owe you or anybody no apology busu!!!

Labadi69:


What kind of idiots do we have on this Nairaland? Did this gibberish come out of the mouth of a grown man? You support a known tribalistic bigot that is all over Nairaland spewing trash with so much hatred against your people because you want to score a cheap point? Yamayama fall on that your ugly bald head. Monkey

Labadi69:

Yamayama fall on that your ugly bald head.

Lol !!!

9jatriot:
Abeg ee make we hear word.

Southerners say far far worse things about Northerners just that many of them are not on nairaland.
Just wen one of them give us back the same dose we wan de form bigot.

Ahib's contribution on this thread is and remains legendary.

For you to consciously type this nonesense, then it is clear that you are a very shameless buffoon. Yamayama disease fall on that your small shriveled kponron

Subscription to last week's NTB auction (15 Sept) certainly reduced. I wonder if it was because of panic dollar buying.....hmmm

WTF is going on here? See insults left right center.

skydiver01:
Subscription to last week's NTB auction (15 Sept) certainly reduced. I wonder if it was because of panic dollar buying.....hmmm

Yeah, it's likely.

Honestly I don't know why CBN doesn't increase rates to at least double digit (personally I think rates should be 13-15%, ie close to the inflation's)

That way, it would at least stem some of the mad rush for dollars.

skydiver01:
Subscription to last week's NTB auction (15 Sept) certainly reduced. I wonder if it was because of panic dollar buying.....hmmm

That's not far from the truth, everyone's is looking for a save haven to keep and grow their money. Tbs current rates compare to the present hyper inflation rates is so laughable and ridiculous

bjtinz:


Yeah, it's likely.

Honestly I don't know why CBN doesn't increase rates to at least double digit (personally I think rates should be 13-15%, ie close to the inflation's)

That way, it would at least stem some of the mad rush for dollars.

How do you close inflation by causing more inflation?
What do you think investors will do with all the free naira CBN will give with TB at 15%?
That'll cause more inflation My friend as naira will weaken the more.
Now is the time to curb naira ,curb budgets and government spending,increase taxes,etc...

That makes sense re: inflation rate. I also cannot understand CBN's actions besides trying to reduce the cost of governments borrowing.

bjtinz:


Yeah, it's likely.

Honestly I don't know why CBN doesn't increase rates to at least double digit (personally I think rates should be 13-15%, ie close to the inflation's)

That way, it would at least stem some of the mad rush for dollars.

Labadi69:


I have read all your tribalistic rants against igbos on Nairaland. May better correct yamayama disease nack your head this afternoon. Your tribalistic agenda will never agend. Useless he goat

Comeback to our thread , yamayama disease man

Hi guys

For those operating unitedcapital eurobond, how do you transfer from your fcmb domiciliary account to their fcmb domiciliary account?

Allboiz:
Hi guys

For those operating unitedcapital eurobond, how do you transfer from your fcmb domiciliary account to their fcmb domiciliary account?

I don't know if it has changed. But before now they said you can only transfer money that got to your account via and not deposit.

freeman67:



I don't know if it has changed. But before now they said you can only transfer money that got to your account via and not deposit.

Same issue with StanbicIBTC

emmasoft:
No dollar Should not equate to no Investment!...
You can still invest in Abacus money market fund for risk averse investors and
some good fundamental stocks if you can take risk while waiting to get dollars.
Click the link on my signature to start. Account opening is free.

Please @emmasoft, why Abacus and not VGIF? Is it because of the 50k initial deposit for the latter or are there other hidden reasons? Merci beaucoup

mymadam:


Please @emmasoft, why Abacus and not VGIF? Is it because of the 50k initial deposit for the latter or are there other hidden reasons? Merci beaucoup

Actually the two mutual funds are not in the same category. Abacus is a MMF while VGIF is in the fixed income category.

However, the reason I will pick Abacus right now is because the rate for Abacus 7.71% is higher than that of VGIF 4.5%, more so the MPC meeting left all parameters the same, that means the rate of VGIF cannot be changed since sdf is still the same but the rate of Abacus is still upward looking.

emmasoft:


Actually the two mutual funds are not in the same category. Abacus is a MMF while VGIF is in the fixed income category.

However, the reason I will pick Abacus right now is because the rate for Abacus 7.71% is higher than that of VGIF 4.45%, more so the MPC meeting left all parameters the same, that means the rate of VGIF cannot be changed since sdf is still the same but the rate of Abacus is still upward looking.

Good response. Thank you & God bless

Current FGN Eurobond

emmanuelewumi:
Current FGN Eurobond

I think there should be a fgn coupon payment this September 2021

freeman67:



I don't know if it has changed. But before now they said you can only transfer money that got to your account via and not deposit.

I was even in one of their branches and they said they don't do transfer. They said I have to only withdraw and deposit the dollar but unitedcapital does not accept cash deposit

Food for thought for proactive investors

https://www.nairaland.com/6762263/life-millennial-looking-retire-40#105993948


I also don’t save or invest in naira anymore. When I get paid at the end of the month, I take out my monthly running costs, convert the rest into dollars and put it into my range of investment.

Why are some people desperately trying to make others to invest in dollar?

I believe anybody on investment section of this site has an idea of what's going on with d naira. so it's absolutely unnecessary to keep brandishing $$$ almost every where

The dollar rose to between N572 and N575 in different parts of the country on Monday barely two days after online platform, Aboki FX, stopped providing updates on the exchange rate.

Our correspondent, who visited the ever-busy Wuse Zone 4 which is the hub of bureau de change operators in Abuja, observed that the dollar was sold for N574 as opposed to the N570 it was sold for on Friday.

In Lagos, the dollar was sold at N572 while in Kano it was N575 as of 3pm on Monday.The pound was sold for N780 as opposed to N770 last Friday.

The Governor of the Central Bank of Nigeria, Godwin Emefiele, had accused the online foreign exchange update platform, Aboxi FX, of manipulating the forex market.

https://punchng.com/dollar-hits-n575-two-days-after-aboki-fx-update-suspension/

The failed Nigeria govt will always look for who to blame for their ineptitudes while the gullible ones will claiming patriotism meanwhile their nerworth is going down the drain.

Elsueno:


Why are some people desperately trying to make others to invest in dollar?

I believe anybody on investment section of this site has an idea of what's going on with d naira. so it's absolutely unnecessary to keep brandishing $$$ almost every where

You dey mind them.Let them come and change the money to dollars for me since na thr Papa or mama give me the money.

emmasoft:


Actually the two mutual funds are not in the same category. Abacus is a MMF while VGIF is in the fixed income category.

However, the reason I will pick Abacus right now is because the rate for Abacus 7.71% is higher than that of VGIF 4.5%, more so the MPC meeting left all parameters the same, that means the rate of VGIF cannot be changed since sdf is still the same but the rate of Abacus is still upward looking.

hello emmasoft please can you put me through on this, Treasury bill and shares of a thing, I have been trying to understand this and how it works all my life but my brain no gree comprehend. I am planning to invest in this every month for the next 20 years

emmanuelewumi:
Current FGN Eurobond

hello emmanuelelewumi please can you put me through on this, Treasury bill and shares of a thing, I have been trying to understand this and how it works all my life but my brain no gree comprehend. I am planning to invest in this every month for the next 20 years

Allboiz:


I was even in one of their branches and they said they don't do transfer. They said I have to only withdraw and deposit the dollar but unitedcapital does not accept cash deposit

Yes you will have to look for how the money will be transferred to you then you will transfer to them.

piyoo91:
hello emmasoft please can you put me through on this, Treasury bill and shares of a thing, I have been trying to understand this and how it works all my life but my brain no gree comprehend. I am planning to invest in this every month for the next 20 years

@plyoo91 chat/call me with the number on my signature. We can have a one on one session. I believe within a week you will get the rudiments and start investing profitablely.

I have some folks here who are becoming gurus after some seesions with me.

Akerewe:
I think there should be a fgn coupon payment this September 2021

It was paid today at about 4pm.

emmasoft:


@plyoo91 chat/call me with the number on my signature. We can have a one on one session. I believe within a week you will get the rudiments and start investing profitablely.

I have some folks here who are becoming gurus after some seesions with me.

Yes, I enjoyed your lecture on the Telegram channel few months back. We hope to see you soon.

keeper303:


It was paid today at about 4pm.

thanks for your swift response.

I received a mail form them informing me that the payment date is today 21 September bn instruction from cscs. I will wait for my own as its yet to drop.

It dropped yesterday night!