ahiboilandgas:
750 million euro (part of 2.8 bn euro bond )offered at 9.7 with 10 years maturity period...meaning if u invest 10000 euro u will get around 20000 euro in 10 years (without reinvesting the interest payment) by 2028 your 20000 euro will be @600 =1200000 naira initail investment 4200000 ....for proper understanding u need have long term experience 5 -10 not 1 to 2

Ifelove1:
@UBA today
14.15 percent for 336 days

Jejebabaa:


Point of correction sir,
Nigerian Eurobonds is in US dollars. Don't get confused just because they call it Eurobonds, it's denominated in US dollars.
Also, something is not right with your mathematics.
Assuming, you reinvested all your interest without spending a dime, you will end up with $23,000 in 10 years at maturity for the $10,000 for 10 years at 9.7% interest rates.

ahiboilandgas:
some thing is wrong with you reading if u don't reinvest the interest didn't u see the clause ...

Jejebabaa:

Looks like you are still making the same mistake sir. If you do not reinvest the interest, how do you get the claimed 20,000 euros. Can you go back to re-read your post sir.
Between u seems to overate foreign degrees and underrate a top Nigerian sch like Unilag. Some of us attended those Nigerian 1st generation university and works at International/American companies and we are competing favourably with our International colleagues who attended those top USA/Canadian schools and other western universities.
Just to let you know sir, knowledge acquired doesn't make someone successful but the application of the knowledge no matter where the knowledge was acquired from. This is why execution will always trump knowledge.
For your information, the likes of aremso are far richer than many Americans if you care to know. Go and read about the median net worth of Americans.
Some of my American colleagues complains about mortgage, children sch fees and their college debts despite the fact that, they are above 40 years and still pays student loans. Infact, many Americans depend on food stamps. Stop overating and worshiping the whites.
Though, I agree with some of your points like diversification and having a foreign income generating assets but you need humility in passing your knowledge across to the people. It's a faceless forum here, some people here are financially bigger than you. Showing your networth to the public is like flashing your dick to people, some people definitely has it bigger than you. Learn to stay humble sir with your numerous "truck and oil and gas assets".
Seun the owner of this platform is just 36 years old, an OAU dropout and worth millions of dollars yet you won't see him showing off with his wealth like your so called "truck and goods".

ahiboilandgas:
some thing is wrong with you reading if u don't reinvest the interest didn't u see the clause ...

Jejebabaa:

Looks like you are still making the same mistake sir. If you do not reinvest the interest, how do you get the claimed 20,000 euros. Can you go back to re-read your post sir.
Between u seems to overate foreign degrees and underrate a top Nigerian sch like Unilag. Some of us attended those Nigerian 1st generation university and works at International/American companies and we are competing favourably with our International .colleagues who attended those top USA/Canadian schools and other western universities.
Just to let you know sir, knowledge acquired doesn't make someone successful but the application of the knowledge no matter where the knowledge was acquired from. This is why execution will always trump knowledge.
For your information, the likes of aremso are far richer than many Americans if you care to know. Go and read about the median net worth of Americans.
Some of my American colleagues complains about mortgage, children sch fees and their college debts despite the fact that, they are above 40 years and still pays student loans. Infact, many Americans depend on food stamps. Stop overating and worshiping the whites.
Though, I agree with some of your points like diversification and having a foreign income generating assets but you need humility in passing your knowledge across to the people. It's a faceless forum here, some people here are financially bigger than you. Showing your networth to the public is like flashing your dick to people, some people definitely has it bigger than you. Learn to stay humble sir with your numerous "truck and oil and gas assets".
Seun the owner of this platform is just 36 years old, an OAU dropout and worth millions of dollars yet you won't see him showing off with his wealth like your so called "truck and goods".

temmy59:
Hello; is there any treasury bills for dom account ; I have my money in dollars; is there any secure investments I can do with that

zamirikpo:


Boss biko calm down, this is transferred aggression but I promise u that @jejebaba is a correct man......he is not among

Make ur points without strife biko, remember u called for truce....i am learning a lot from u and jejebaba and a host of other brainy TB investors.

#nomorequarrel.
If u KNOW, u sharp....

zamirikpo:


@ jejebaba I have known u years back from our US stock market trades and I have a lot of respect for ur views but here u went too far with ur response

No need casting aspersions ,both of u have valid points and I respect that.......

pls don't fall my hand here mumurity is a soul reserve of very few in this section. Pls make ur point without rift biko.

Internetboy:
My TB matured yesterday 15th November., 2018. I want to lock it up for 364days. Should I wait for next bidding on Primary market or should I find a good rate in Secondary market little above @14%

GonFreecss1:
Hahahahahhahaha.

I am now the villain. Chai.

Never told people not to buy Tbills. Never said Tbills was bad. I only stated facts. I also have money in Tbills. Is Tbills safe in terms of getting your naira back? Hell yes! Never did I say anything about the Nigerian government not being able to pay Tbills. All I did was state facts, including the mindset about hoping for higher Tbill rates and it's implications.

How is all this Negativity? When did the truth become Negativity? When did logic and facts become negativity? When did making people understand what they put their money in become negativity?

I didn't want to talk about this issue again, all those taking shots at me, can you point to one single thing I said that was negative? Can anyone point out to something I said that wasn't a fact?

I didn't want to do this, but why don't you go check the Tbill rates history for the past years, then calculate inflation for the past years, then include our devaluation with respect to the dollars or any other currency, let us see the current buying power. We could buy the big Samsung and Apple phones for 80-100K before, now they cost more than 300K, this is not even counting our inflation, just what the value of our naira did to us. Even if we include the US dollars inflation, we shouldn't be paying more than 130K for this phones. Yes doing Tbills will make you far better off than an average man who doesn't make his money work, but brothers and sisters in the house how is your buying power? Let's be honest. For a country that imports a lot, many of you don't want to know the price of this things you buy, they are far cheaper. The shipping fees of this things are priced in dollars too, lol.

I will say this again, is Tbills safe in bringing back your naira to the nearest perfect kobo? Of course, but what will never be sure is your buying power or wealth. I mean it's like saying cryptocurrencies that are PoS are safe investments (Proof of stake (PoS) a form of Blockchain process where the amount of coins you have determines how much the network will pay you for securing the network, it's even trust less and decentralized, nothing is as safe as that. Nobody even has to hold your coin, you are in charge and can remove it anytime, some PoS pay the same rates as Tbills). I can't come and brag that because I will always be paid and my capital is always secure that it's safe, because I know the actual value will be determined by supply and demand, and inflation too, because the process of rewarding for securing the network is inflationary.

How is this explanation and the ones before negative? This argument started when someone quoted me when I said Tbills can't make you rich. I even argued against people who said they preferred businesses (some brought up truck business) to Tbills. I even gave an example of a friend who laughed when I suggested Tbills, didn't put his money in Tbills for over 2 years and how he eventually started spending that money. Were all this statements negative? I even said I actually do Tbills! Lol!

When did it become a problem to advise people and drop my own opinion on what I feel is the best thing to do? How does that make me the bad negative guy?

If saying facts and simple logic is negative, I rest my case, but please all those taking shots at me should take note, I never said Tbills is bad or people shouldn't do it.

zamirikpo:


Am also interested ,I know some banks do fixed deposit for dorm account but TB I dnt think, what is available is this Eurobond thing.

GonFreecss1:
It's good to be back. I was banned for a while, it's unfortunate there was no need to insult anyone just because of an online difference in opinion, it is far better to lose an argument online than to lose money in real life. This is what many fail or forget to understand, with that said I never came in here to prove any point to anyone or make people uncomfortable, I was just giving advice so people can learn more.

Some even went as far as making assumptions on what I said and what I did not. Someone even claimed to study Economics in unilag just to make a point, to some it will be funny, but it scared me that people always forget what money is all about, the financial markets don't care about your school, your course or how many degrees you have, even experience sometimes count for nothing as people have short term memories, but what never changes is human behavior.

What I will do is go on to reply someone who quoted me, I tried to reply him but I was blocked. Then I will go on to drop final key points. I hope this all benefits everyone.

dmniq:


I'm proud of those guys,... No 1 tier-1 bank!

GonFreecss1:
It's good to be back. I was banned for a while, it's unfortunate there was no need to insult anyone just because of an online difference in opinion, it is far better to lose an argument online than to lose money in real life. This is what many fail or forget to understand, with that said I never came in here to prove any point to anyone or make people uncomfortable, I was just giving advice so people can learn more.

Some even went as far as making assumptions on what I said and what I did not. Someone even claimed to study Economics in unilag just to make a point, to some it will be funny, but it scared me that people always forget what money is all about, the financial markets don't care about your school, your course or how many degrees you have, even experience sometimes count for nothing as people have short term memories, but what never changes is human behavior.

What I will do is go on to reply someone who quoted me, I tried to reply him but I was blocked. Then I will go on to drop final key points. I hope this all benefits everyone.

ahiboilandgas:
Atiku intend to flout the naira meaning 380-400 naira to dollar next year or 350 in cbn rate .....prices might jump by 15 percents wiping your purchasing power....store up from dollars to mitigate this risk.......if u know u know .....

ahiboilandgas:
Atiku intend to flout the naira meaning 380-400 naira to dollar next year or 350 in cbn rate .....prices might jump by 15 percents wiping your purchasing power....store up from dollars to mitigate this risk.......if u know u know .....

temmy59:
Hello; is there any treasury bills for dom account ; I have my money in dollars; is there any secure investments I can do with that

Gavrelino123:

Bro,what are the processes of opening a domiciliary account..?
Do they pay any interest.?

NL1960:


November 28 is auction date.

See attached calendar.

Grupo:


I think there was primary market auction yesterday, so, the next auction should be in two weeks time.

Gavrelino123:

Boss,do they pay interest in domiciliary account.?

emmasoft:


Simple especially with GTB. If you already have a current account with GTB, you are profiled for internet banking, you can open a dom account right at your desk. Login to your account online click additional account and choose the type, that is all. you don't even need cash. However you have to fund it before 6 months otherwise it will be dormant. From what I was told when I did same, no interest cos by default your dom account is current according to the - GTB. Hope this help