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You can Also Apply Online www.brightsenergy.com


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You can install solar energy on Outright purchase. Or Instalment

Call 07058562938

Pay As You Go Easy Payment Plan Process

1. Pick Application Form
7,Ogunnoiki Street Via
Lagos/Benin Expressway Sagamu Ogun State

You can Also Apply Online www.brightsenergy.com


2. We have Easy payment plan as follows

A.SILVER. #1,400,000 (1.4M)

B.GOLD #2,800,000 (#2.8M)

C.PLATINUM #5,500,000 (#5.5M)


3. Select Easy Payment Plan Suit Your load energy demand and you Finances Power

4. Make 30% Initial Deposit

5. Sign Contract Agreement

6. Spread Remaining Installments Subscription Balance For 24 Months

7. After Last Subscription Payment ,The Deploy Solar Equipment Ownership Transfer To Subscriber

thebargainhunte:
Good day gurus in the house. Pls, I would like to be clarified here. Assuming that you bought a tbill of 364 days @ 14.5% and u decided to terminate it before maturity. How are they going to calculate the full face value of your tbill? Assuming u invested #1million and you were given a discount value of #145000, you held d tbill for 90 days and decided to terminate it. How much is going to be your full face value at this point?

There is always the 90-day tenor for TBs. I suppose if you bought the one for 360 day tenor and terminate at 90day, your TB will instead be calculated for 90-day. As you have already been paid the discount, your initial capital would have to be affected to reflect the discount for 90-day as against your initial 360-day TB.

I haven't been in this situation before, so my input is also an assumption.

Just spread the risk.......buy some dollars, buy some treasury bills.......buy stocks if u like or invest more or expand ur business .

Nothing is certain in Nigeria.......anything can happen. I just bought fuel N230/litre

Your assumption is correct!

IYGEAL:


There is always the 90-day tenor for TBs. I suppose if you bought the one for 360 day tenor and terminate at 90day, your TB will instead be calculated for 90-day. As you have already been paid the discount, your initial capital would have to be affected to reflect the discount for 90-day as against your initial 360-day TB.

I haven't been in this situation before, so my input is also an assumption.

Correct... the concept of diversification....

zamirikpo:
Just spread the risk.......buy some dollars, buy some treasury bills.......buy stocks if u like or invest more or expand ur business .

Nothing is certain in Nigeria.......anything can happen. I just bought fuel N230/litre

skydiver01:
Your assumption is correct!

Oh

Any source though?

IYGEAL:


There is always the 90-day tenor for TBs. I suppose if you bought the one for 360 day tenor and terminate at 90day, your TB will instead be calculated for 90-day. As you have already been paid the discount, your initial capital would have to be affected to reflect the discount for 90-day as against your initial 360-day TB.

I haven't been in this situation before, so my input is also an assumption.

Firstly, TBill interest is paid upfront. So you would have collected all the interest before as soon as the investment starts so if you terminate mid way you will not get back your complete funds.

Secondly, note that the interest of 91, 182 and 365 days interest rates varies. In every rate for all the tenure defers. So a 365 days TB may not be converted to that of 90 days for you except where and when it favour the bank through which you subscribed.

Thirdly, beware that some banks indicates clearly on the contract /certificate of investment that they will be consequences/penalty charge of terminating before maturity. This charges however is on accrued interest as at the time of terminating.

Lastly from me, have in mind that when you indicate to terminate the TB you are asking them to dispose it of to a willing buyer at the secondary market. That sale will be done at the prevailing market rate. It could either be at your benefit or detriment depending on how you bought and what the price is when tying to sell off. So think very well about it, know the pros and cons before committing yourself.


I do hope thisy little contribution will be helpful.

You may be penalized

Greetings All,

I will like to know when the next treasury bills auctions will occurr!

And kindly, when is the best time to apply or submit a written request to the bank? for the next auction for GTBANK.

Thanks as i await your various responses.

Gavrelino123:
Greetings All,

I will like to know when the next treasury bills auctions will occurr!

And kindly, when is the best time to apply or submit a written request to the bank? for the next auction for GTBANK.

Thanks as i await your various responses.

Mov 9, apply Nov 7

RayRay06677:


Mov 9, apply Nov 7

Thanks, what's the current average rate for 364 days?

Hello, does anyone know the current interest rate for Gtb and zenith savings account

Gavrelino123:


Thanks, what's the current average rate for 364 days?

Last was 14.5%, expect 15% or mote by 9th



269 days for 17.54% - commercial paper, ends on the 7th. Minimum is 5m. Afrinvest

chigo4u:
Hello, does anyone know the current interest rate for Gtb and zenith savings account

CBN has mandated the banks to peg their rates at a minimum of 30% of MPR which equals 4.2%.

https://nairametrics.com/2022/08/16/nigerias-central-bank-increases-interest-rates-on-savings-deposit-to-4-2/

Access Bank is 4.65% - adjusted based on new MPR of 15.5
GT is 4.2% - yet to adjust

aieromon:


CBN has mandated the banks to peg their rates at a minimum of 30% of MPR which equals 4.2%.

https://nairametrics.com/2022/08/16/nigerias-central-bank-increases-interest-rates-on-savings-deposit-to-4-2/

Access Bank is 4.65% - adjusted based on new MPR of 15.5
GT is 4.2% - yet to adjust

Thanks

RayRay06677:


269 days for 17.54% - commercial paper, ends on the 7th. Minimum is 5m. Afrinvest

Yes, for Emerging Africa Group. Does here anyone know anything about them?

freeman67:


Yes, for Emerging Africa Group. Does here anyone know anything about them?

their rating is A-, WHAT DOES THAT MEANS? I THINK IS A IS POSITIVE AND BETTER

chigo4u:
Hello, does anyone know the current interest rate for Gtb and zenith savings account

GTB interest rate is nothing to right home about.

IYGEAL:


Is this rate correct?

Good morning Boss

Regarding devaluation, always held that the 650-700 mark is a point where the average Nigerian begins to lose hope in the currency- A point if not well handled will make things spin out of control.
The government has made multiple interventions at this level over the last 3months, that's why the rapid rise to 830 is concerning but not totally unexpected.

All said, I've traded markets enough to understand the psychology behind certain numbers. When a market rallies to 8.3, it's tends to be a matter of time before it hits 10.

bjtinz:



Amazing. If early this year anyone had told the rates will ever climb this high again, I would have seriously doubted it, but here we are.

Is that seriously something to celebrate when your currency is devaluing very sharply?

RayRay06677:


The useless Tbills is more certain than the gambling in dollar, the reverse might be the case. The dollar is weaker as at today, it's only deemed strong when compared to a weaker currency like ours.

Tbills is a secured investment, better than not investing at all. If I want to take risk, I will take a far better risk like I did last time.

Which kind yamayama gist be this? Oga the USD is the strongest and best performing currency in 2022. Go and see wetin dollar do Euro, pounds and yen b4 you open your mouth again. Stop taking nonsense b4 yamayama fall on that your bald head

Hian, we are back to Yamayama, baldhead, kulikuli, Sapa, onions and suya on this thread again @topic Russian Ruble and Pakistani Rupees are among the best performing currency in the world today in 2022

Labadi69:


Which kind yamayama gist be this? Oga the USD is the strongest and best performing currency in 2022. Go and see wetin dollar do Euro, pounds and yen b4 you open your mouth again. Stop taking nonsense b4 yamayama fall on that your bald head

This our afinity for dollar is fueling the rise in its price..........I've stopped encouraging people to buy dollar, its no longer sensible...........even though I don't see the naira ever regaining these lost grounds but I think we should start thinking local.......its about time we start consuming locally produced goods and services...........wahala dey ooh.

RayRay06677:
their rating is A-, WHAT DOES THAT MEANS? I THINK IS A IS POSITIVE AND BETTER

Yes A is positive. I have also tried to contact the Coronation Merchant Bank agent that sent me the e-mail advert/info and he gave me reasons it's not a bad idea.

1. The issuers have to meet the stringent conditions set by the regulators before coming out.

2. The dealer/joint arrangers marketing on their behalf have to do their own due diligence too because failing to meet will also put their own reputation at stake.

3. The company though new, have been in existence foot about 5 years but this is their first time of issuing CP. So it should be easy for them to repay.

I went further to check the profile of the Board members and management team. They seem to have been in the business for a while and would have reputation that they won't want to soil.


That said, the above is just my own personal findings and should not be taken as an investment advice. Interest investors should invest based their own personal conviction, please.

zamirikpo:


This our afinity for dollar is fueling the rise in its price..........I've stopped encouraging people to buy dollar, its no longer sensible...........even though I don't see the naira ever regaining these lost grounds but I think we should start thinking local.......its about time we start consuming locally produced goods and services...........wahala dey ooh.

I love your patriotic optimism, but there's only a handful of sectors today that thinking local would work for, because we are an import dependent nation.

We don talk am for here before, prioritize USD but una no they hear. You can't be more patriotic than the government, the FGN holds dollars, delegates collect their settlement in dollars, even banks they give customers money to receive dollars to their account.

Instead of hating the dollar, see yourself as a global citizen. Flights of just $1k go soon be 1m naira. But it's easier for me see the cost as $1k than 1m naira.

We are investors and we should be able to maximize our returns within ethical parameters. USD instruments fit nicely into that, I don't get why it's detested so much on this forum.

Tobex4realTobex234:


I love your patriotic optimism, but there's only a handful of sectors today that thinking local would work for, because we are an import dependent nation.

We don talk am for here before, prioritize USD but una no they hear. You can't be more patriotic than the government, the FGN holds dollars, delegates collect their settlement in dollars, even banks they give customers money to receive dollars to their account.

Instead of hating the dollar, see yourself as a global citizen. Flights of just $1k go soon be 1m naira. But it's easier for me see the cost as $1k than 1m naira.

We are investors and we should be able to maximize our returns within ethical parameters. USD instruments fit nicely into that, I don't get why it's detested so much on this forum.

If you live in Nigeria you will still convert that dollar to buy things at an exorbitant rate, if you work in Nigeria, the future income you make will be worthless, this is short-term gratification for bigger problems, the problem with Nigeria is Nigerians from the Richest to the Peasant, we are all the same thing

jedisco:
Regarding devaluation, always held that the 650-700 mark is a point where the average Nigerian begins to lose hope in the currency- A point if not well handled will make things spin out of control.
The government have made multiple interventions at this level over the last 3months. That's why the rapid rise to 830 is concerning but not totally unexpected.

All said, I've traded markets enough to understand the psychology behind certain numbers. When a market rallies to 8.3, it's tends to be a matter of time before it hits 10.

Are you subtly saying this is the End of the “Naira”?

Tobex4realTobex234:


I love your patriotic optimism, but there's only a handful of sectors today that thinking local would work for, because we are an import dependent nation.

We don talk am for here before, prioritize USD but una no they hear. You can't be more patriotic than the government, the FGN holds dollars, delegates collect their settlement in dollars, even banks they give customers money to receive dollars to their account.

Instead of hating the dollar, see yourself as a global citizen. Flights of just $1k go soon be 1m naira. But it's easier for me see the cost as $1k than 1m naira.

We are investors and we should be able to maximize our returns within ethical parameters. USD instruments fit nicely into that, I don't get why it's detested so much on this forum.

Lol....Patriotic This currency, that currency, our currency, their currency; this thinking are old ideas. In this globalization era we are in, I am in complete support of the whole world having just a single currency; The dollar should be that currency as it as proven itself to be far superior against all other currencies.

With the way the dollar is crushing every other currency in the world non stop, If the idea of making the dollar the only currency in the world is been proposed; I am certainly sure this failed government and every other failed government out there will be glad to have it. As they have certainly, confidently, clearly, obviously, woefully, completely failed against it. It will be a way to burn evidence of their failure. Please throw patriotism away and stack the dollar as much as you can!!!! Stack it like your life depends on it.

zamirikpo:


This our afinity for dollar is fueling the rise in its price..........I've stopped encouraging people to buy dollar, its no longer sensible...........even though I don't see the naira ever regaining these lost grounds but I think we should start thinking local.......its about time we start consuming locally produced goods and services...........wahala dey ooh.

The stability of your currency is a reflection of your economy.
Your barking up the wrong tree. People flee to the dollar because they have lost confidence in the naira i.e the economy. Preaching does not save a currency. Turn the economy around and investment would flow in.

richforever123:


If you live in Nigeria you will still convert that dollar to buy things at an exorbitant rate, if you work in Nigeria, the future income you make will be worthless, this is short-term gratification for bigger problems, the problem with Nigeria is Nigerians from the Richest to the Peasant, we are all the same thing

Not to talk of where person go keep the money (huge security risk to keep at home and keeping in dom account na real OYO) and the stress of constantly converting to Naira to make transactions.

Alexxien:

Lol....Patriotic This currency, that currency, our currency, their currency; this thinking are old ideas. In this globalization era we are in, I am in complete support of the whole world having just a single currency; The dollar should be that currency as it as proven itself to be far superior against all other currencies.

With the way the dollar is crushing every other currency in the world non stop, If the idea of making the dollar the only currency in the world is been proposed; I am certainly sure this failed government and every other failed government out there will be glad to have it. As they have certainly, confidently, clearly, obviously, woefully, completely failed against it. It will be a way to burn evidence of their failure. Please throw patriotism away and stack the dollar as much as you can!!!! Stack it like your life depends on it.

Making the dollar standard means giving all powers of decision to Washington, take a look at the euro zone, Greece and Italy wont be in the problem they are in if they kept their currency, adoption of the Euro turned their leaders to houseboys for Germany.....

They must pay their loans back, no option for devaluation