feelamong:


I recently invested some funds in an Infrastructural Money market fund. The yield is up to 15% per annum.

Anyone interested can hit me up and i will give directions.

The fund owners (A firm registered as Asset Managers by SEC) insist that its a Private fund and as such should not be advertised in any public forum

zohan101:
Please quick question for those into money market funds..Can I make regular money addition to my portfiolio via the app??



Cc Sir Emmanuel Ewelumi ..Thanks Sir

zamirikpo:
AM at stanbic now and I just told my account officer to place a bid for 65m. When the actual amount in my account is 6.5m.

Let's see how it goes. Let them prorated at 10% am waiting.

WE DIE here.

titilope07:
Emmanuelewumi and other Guru please say something about this share. Dear Sir/Madam



AIR LIQUIDE NIGERIA PLC is undertaking a Rights Issue to pay down its debt obligations, finance capital expenditure and working capital requirements.



Find details of the offer below:



Issuing House: Stanbic IBTC Capital Limited

Registrars: United Securities Limited

NASD Trading Code: RR19SDAIRLIQ

Now being issued: 414,000,000 Ordinary Shares of N0.50 at N5.00 per share

Method of Offer: By way of Rights Issue to existing shareholders

Issue Price: N5.00 per share

Payment: In full on acceptance

Opening Date: 04 November 2019

Closing Date: 29 November 2019

Provisional Allotment: 23 new Ordinary shares for every 10 Ordinary shares of N0.50 each held as at the close of business on 15 October 2019

skyangel:


You are not alone brotherly. Though I like interest reinvestment, I still don't think i' m financially matured enough to abandon my money somewhere for a whole 3 -20 years without wanting to feel it in my bank account. I seriously doubt it

I'll just be running my mmf for now & watch how things go. I'll be checking for updates every now and then to see any improvement

Barrytone:
In no particular reference, recently we have converted this noble thread to jack of all discussions. Making me open the thread with my data then I end up reading irrelevant facts i can simply locate its thread and read up if am interested. No matter how educating a topic is but placed in the wrong thread is bad. If we can respect the thread even at this point of its near demise, it will go a long way to portray our maturity that endeared so many to the thread. Imagine asking new comers to read previous pages and they read and saw nothing on Tbills but other topics.
I stand with Tbills until rates go beyond 8% for 364days. I do not "kill for too much money" but Preservation of capital is key word.

feelamong:


I recently invested some funds in an Infrastructural Money market fund. The yield is up to 15% per annum.

Anyone interested can hit me up and i will give directions.

The fund owners (A firm registered as Asset Managers by SEC) insist that its a Private fund and as such should not be advertised in any public forum

Homextras:
You guys should face reality with this T.B matter. For now you can try stanbic or Fbn mutual funds... Its still in double digits..11%+...you can also buy zenith bank share for a guaranteed yield of not less than 14% at current price..or you sell at N23 if you don't want dividend...
CBN will be forced to push up rate once they witness a boycott or an investment house finds a way around Ghana tbills...
Getting offer of 8% is just sheer mockery to me...Shalom..

skyangel:


You are not alone brotherly. Though I like interest reinvestment, I still don't think i' m financially matured enough to abandon my money somewhere for a whole 3 -20 years without wanting to feel it in my bank account. I seriously doubt it

I'll just be running my mmf for now & watch how things go. I'll be checking for updates every now and then to see any improvement

feelamong:


I recently invested some funds in an Infrastructural Money market fund. The yield is up to 15% per annum.

Anyone interested can hit me up and i will give directions.

The fund owners (A firm registered as Asset Managers by SEC) insist that its a Private fund and as such should not be advertised in any public forum

Barrytone:
In no particular reference, recently we have converted this noble thread to jack of all discussions. Making me open the thread with my data then I end up reading irrelevant facts i can simply locate its thread and read up if am interested. No matter how educating a topic is but placed in the wrong thread is bad. If we can respect the thread even at this point of its near demise, it will go a long way to portray our maturity that endeared so many to the thread. Imagine asking new comers to read previous pages and they read and saw nothing on Tbills but other topics.
I stand with Tbills until rates go beyond 8% for 364days. I do not "kill for too much money" but Preservation of capital is key word.

Phyde:

Sir, i started stanbic mmf some months back. Can i make partial withdrawal at anytime and how long will it take to hit my account ?
Thanks

ahiboilandgas:
With the airpeace saga....my earlier post on most wealthy Nigerian bussiness having criminal background,shady investment initial capital then they go through several years of cleaning to make the funds pure .....they either contraband importer turned manufacturing firm or dollars roundripper turn airline operation so subsidy scammer turn depot owner or politician turn 5 star hotelier ....we don't have genius inventors billionaires like other capitalist climes

Jejebabaa:


Respect boss, you just finished me with laffs in the middle of the night. Naija no dey carry last.

alezzy13:


Kikikikiki!

Abeg jist us how it pans out

SimpleLuxuries:


Haha hahaha!
The account officer supposed check your account to know your balance nau.

zamirikpo:


I will.....i'll call her tomorrow, am sure she did it.

TB till the end.

DigitalMallam:


Copied online,
Indept analysis of how Onyema made his money...

THE SECRET HISTORY OF MR ALLEN ONYEMA’S WEALTH

Ata Ikiddeh

I have taken out time to research into Mr Allen Onyema’s past and what you will read here should be of interest to every Nigerian. You will decide on the guilt or innocence of Mr Allen Onyema.

Article:
In 2007 when Yar’Adua mounted the rock, the Niger Delta was no man’s land, it was a region devouring itself. The Niger Delta was a warring nation and Nigeria the occupying force sponsored by neo colonial imperialist oil companies, according to the agitators. Militants who branded themselves freedom fighters had shut down the region, no barge, oil tanker or oil pipeline was off limit.

Kidnapping was no longer a menace it became a nuisance, neighbours were kidnapping one another making quick easy money. It was a miracle Nigeria was still pumping crude oil. Before the elections in 2007, production had dipped to 680,000 barrels per day, from 2.2 million barrels, just over 25% of its original output. President Obsanjo a civilian President a relic of Nigeria’s military dictatorships wanted peace but hated the word diplomacy. I had this ‘ they will see me’ attitude.

But Yar’Adua was different, he was desperate for peace but had no road map. But he had heard of a certain Robinson Crusoe / Rambo type man, a man who was virtually living in the creeks, in no man’s land. This man was living in the war torn mangrove swamps, a weird nutter who was friends with the soldiers, the militants and the oil companies.

He was making a living being the only mediator in the creeks. The militants would only listen to him and no other. He was the one who convinced the militants and told them Amnesty did not mean Surrender but Development That man’s name was Allen Onyema, a lawyer. He this crazy idea that PEACE was possible.

It is not clear when Mr Allen Onyema started the Foundation of Ethnic Harmony in Nigeria (FEHN). But FEHN’s tremendous growth was as result of his unusual patriotism. Barr. Allen Ifechukwu Onyema was a lawyer who had graduated from the law school in 1989. He had a stint at law practice for a few years but was strangely drawn to conflict resolution, he was passionate about Peace. He is one of the few Africans and perhaps the only Nigerian who has been given the prestigious much coveted Martin Luther King Award.

He facilitated Peace and Reconciliation during the Idiaraba Ethnic violence in Lagos 2003. During the same period he brought Peace between the warring Yorubas and Hausas over the Lagos abattoir. In 2004 he sponsored a project called Nigeria Forever Project in the 36 States between 2004 and 2005 to promote a broad based Nationalism as against Ethnic Nationalism, it was a huge success.

These early forays on various peace projects prepared him for the Niger Delta bloody imbroglio. He waded in when there was a red line between battle hardened Nigerian soldiers and amulet wearing militants who believed their skins had been transformed to steel by black magic.

Onyema used his own funds to sponsor youths to the Nonviolence training and transformational programmes long before the Oil Companies, Federal Government and International Community began to partner with him and invest in his training programmes. The impact of success which FEHN had with the transformation of restive youths drew the attention of Shell. Prior to their encounter with FEHN, they had constantly experienced shutdowns of their operations due to the violent activities of restive youths.

These endless disruptions came to an end when FEHN trained and transformed several youths, soon other Oil Companies like Chevron, Afren Oil etc, joined in the sponsorship of youths to the FEHN training. Onyema’s method had stopped a complete shut down of the oil industry and the oil companies were happy pay him for his services.

Onyema’s methods caught the attention of not just the International Communities, but President Yar’Adua; Onyema was the nexus of Peace and Diplomacy the Federal Government had been looking for. Chief Timi Alaibe with the NDDC , got Barrister Allen Onyema and his organization - The Foundation for Ethnic Harmony in Nigeria (FEHN), to train and transform over 600 youths of the Niger Delta.

It was the success of this program that finally convinced the Yar’Adua to declare the Presidential Amnesty which was granted to Niger Delta Militants. Mr Allen Onyema’s hard work had finally paid off - he landed the biggest contract in Nigeria - FEHN was given the sole responsibility to rehabilitate, train and transform over 30,000 ex-militants.

He oversaw the disarmament and demobilization of over 30,000 ex-agitators and he superintended in the skilling and reintegration of these youths into the civil society in an ongoing reintegration programme. Thousands of militants were flown abroad for various kinds of training in non-violent Conflict Resolution, Aviation and Deep Sea Welding.

Here was a remark by an article at the time, “A seemingly insurmountable task which posed impossible for several years finally generated positive results at the intervention of FEHN.

This incredibly remarkable achievement is one of the most laudable landmarks of FEHN for not only the Niger Delta but also the Nation in its entirety. The acheivement of this feat helped to rebrand the face of the Nigerian Nation before the entire world. FEHN successfully trained the Ex-militant leaders on the Kingian Nonviolence Philosophy. This laudable occurrence could not have come at a better time, as the Leaders are not just embracing the Peace culture, but are already training others.

Barrister Allen Onyema, National Chairman of FEHN achieved this feat against all odds, at a time when it seemed impossible. It was so rewarding to see the commitment and enthusiasm which the leaders displayed as they began to chart the noble cause. Among the Ex militant leaders present at the training are Farah Dagogo, Boy loaf, Sele etc”.

When Jonathan took over in 2011 he appointed Kingsley Kuku as SA, Niger Delta and Chairman of the Amnesty Programme in January 2011. He spent billions to stop the violence and fund FEHN. The NSA budget in 2011 for the Amnesty programme was - feeding allowance (N48 billion), operations cost (N20.796 billion), reintegration of transformed Niger Delta ex-militants, 2010 arrears (N4.174 billion) and reintegration of Niger Delta ex-militants (N925 million.

In 2012 Kuku’s Amnesty Programme controlled a N60 billion budget about $350 million USD). President Jonathan was determined to rescue the dwindling oil revenue - he spared no cash and this time FEHN was given the sole responsibility to rescue the nation and save Jonathan’s government from siege in the creeks. Onyema was successful. He did a job and got well paid for it.

People who may wonder why his outfit was the only Social enterprise contracted to oversee the entire multi billion naira programme can take that question up with the former President, it has nothing to do with Mr Allen Onyema. He was a man doing a job and got paid for it.

By January 2012 Allen Onyema had made a tidy pile for himself he paid tens of thousands of dollars to the Obama campaign support.

In January 2013 he was invited for an Obama victory party and was honoured with an exclusive photo-shoot with President Obama, Vice President Joe Biden and their wives.

That same year he laid out plans to invest his fortune and Air Peace was established. A symbol of his years of non violent Peace projects in Nigeria.

zamirikpo:


She knows me nah. And she knows I don't have that amount even without checking.

Desperate times calls for desperate measures.

DigitalMallam:


Copied online,
Indept analysis of how Onyema made his money...

THE SECRET HISTORY OF MR ALLEN ONYEMA’S WEALTH

Ata Ikiddeh

I have taken out time to research into Mr Allen Onyema’s past and what you will read here should be of interest to every Nigerian. You will decide on the guilt or innocence of Mr Allen Onyema.

Article:
In 2007 when Yar’Adua mounted the rock, the Niger Delta was no man’s land, it was a region devouring itself. The Niger Delta was a warring nation and Nigeria the occupying force sponsored by neo colonial imperialist oil companies, according to the agitators. Militants who branded themselves freedom fighters had shut down the region, no barge, oil tanker or oil pipeline was off limit.

Kidnapping was no longer a menace it became a nuisance, neighbours were kidnapping one another making quick easy money. It was a miracle Nigeria was still pumping crude oil. Before the elections in 2007, production had dipped to 680,000 barrels per day, from 2.2 million barrels, just over 25% of its original output. President Obsanjo a civilian President a relic of Nigeria’s military dictatorships wanted peace but hated the word diplomacy. I had this ‘ they will see me’ attitude.

But Yar’Adua was different, he was desperate for peace but had no road map. But he had heard of a certain Robinson Crusoe / Rambo type man, a man who was virtually living in the creeks, in no man’s land. This man was living in the war torn mangrove swamps, a weird nutter who was friends with the soldiers, the militants and the oil companies.

He was making a living being the only mediator in the creeks. The militants would only listen to him and no other. He was the one who convinced the militants and told them Amnesty did not mean Surrender but Development That man’s name was Allen Onyema, a lawyer. He this crazy idea that PEACE was possible.

It is not clear when Mr Allen Onyema started the Foundation of Ethnic Harmony in Nigeria (FEHN). But FEHN’s tremendous growth was as result of his unusual patriotism. Barr. Allen Ifechukwu Onyema was a lawyer who had graduated from the law school in 1989. He had a stint at law practice for a few years but was strangely drawn to conflict resolution, he was passionate about Peace. He is one of the few Africans and perhaps the only Nigerian who has been given the prestigious much coveted Martin Luther King Award.

He facilitated Peace and Reconciliation during the Idiaraba Ethnic violence in Lagos 2003. During the same period he brought Peace between the warring Yorubas and Hausas over the Lagos abattoir. In 2004 he sponsored a project called Nigeria Forever Project in the 36 States between 2004 and 2005 to promote a broad based Nationalism as against Ethnic Nationalism, it was a huge success.

These early forays on various peace projects prepared him for the Niger Delta bloody imbroglio. He waded in when there was a red line between battle hardened Nigerian soldiers and amulet wearing militants who believed their skins had been transformed to steel by black magic.

Onyema used his own funds to sponsor youths to the Nonviolence training and transformational programmes long before the Oil Companies, Federal Government and International Community began to partner with him and invest in his training programmes. The impact of success which FEHN had with the transformation of restive youths drew the attention of Shell. Prior to their encounter with FEHN, they had constantly experienced shutdowns of their operations due to the violent activities of restive youths.

These endless disruptions came to an end when FEHN trained and transformed several youths, soon other Oil Companies like Chevron, Afren Oil etc, joined in the sponsorship of youths to the FEHN training. Onyema’s method had stopped a complete shut down of the oil industry and the oil companies were happy pay him for his services.

Onyema’s methods caught the attention of not just the International Communities, but President Yar’Adua; Onyema was the nexus of Peace and Diplomacy the Federal Government had been looking for. Chief Timi Alaibe with the NDDC , got Barrister Allen Onyema and his organization - The Foundation for Ethnic Harmony in Nigeria (FEHN), to train and transform over 600 youths of the Niger Delta.

It was the success of this program that finally convinced the Yar’Adua to declare the Presidential Amnesty which was granted to Niger Delta Militants. Mr Allen Onyema’s hard work had finally paid off - he landed the biggest contract in Nigeria - FEHN was given the sole responsibility to rehabilitate, train and transform over 30,000 ex-militants.

He oversaw the disarmament and demobilization of over 30,000 ex-agitators and he superintended in the skilling and reintegration of these youths into the civil society in an ongoing reintegration programme. Thousands of militants were flown abroad for various kinds of training in non-violent Conflict Resolution, Aviation and Deep Sea Welding.

Here was a remark by an article at the time, “A seemingly insurmountable task which posed impossible for several years finally generated positive results at the intervention of FEHN.

This incredibly remarkable achievement is one of the most laudable landmarks of FEHN for not only the Niger Delta but also the Nation in its entirety. The acheivement of this feat helped to rebrand the face of the Nigerian Nation before the entire world. FEHN successfully trained the Ex-militant leaders on the Kingian Nonviolence Philosophy. This laudable occurrence could not have come at a better time, as the Leaders are not just embracing the Peace culture, but are already training others.

Barrister Allen Onyema, National Chairman of FEHN achieved this feat against all odds, at a time when it seemed impossible. It was so rewarding to see the commitment and enthusiasm which the leaders displayed as they began to chart the noble cause. Among the Ex militant leaders present at the training are Farah Dagogo, Boy loaf, Sele etc”.

When Jonathan took over in 2011 he appointed Kingsley Kuku as SA, Niger Delta and Chairman of the Amnesty Programme in January 2011. He spent billions to stop the violence and fund FEHN. The NSA budget in 2011 for the Amnesty programme was - feeding allowance (N48 billion), operations cost (N20.796 billion), reintegration of transformed Niger Delta ex-militants, 2010 arrears (N4.174 billion) and reintegration of Niger Delta ex-militants (N925 million.

In 2012 Kuku’s Amnesty Programme controlled a N60 billion budget about $350 million USD). President Jonathan was determined to rescue the dwindling oil revenue - he spared no cash and this time FEHN was given the sole responsibility to rescue the nation and save Jonathan’s government from siege in the creeks. Onyema was successful. He did a job and got well paid for it.

People who may wonder why his outfit was the only Social enterprise contracted to oversee the entire multi billion naira programme can take that question up with the former President, it has nothing to do with Mr Allen Onyema. He was a man doing a job and got paid for it.

By January 2012 Allen Onyema had made a tidy pile for himself he paid tens of thousands of dollars to the Obama campaign support.

In January 2013 he was invited for an Obama victory party and was honoured with an exclusive photo-shoot with President Obama, Vice President Joe Biden and their wives.

That same year he laid out plans to invest his fortune and Air Peace was established. A symbol of his years of non violent Peace projects in Nigeria.

emmanuelewumi:


Who are the professional advisers, issuing houses to this investment?

Which infrastructure are they financing with the fund?

For now government ie state governments and federal government are the ones saddled with the provision of infrastructure, so which government is involved in this infrastructure money market funds.

Infrastructure are long term projects, I expected an infrastructural bond, but a situation whereby money market fund is used to fund infrastructure don't you think that will lead to a fund mismatch?

Phyde:

Sir, i started stanbic mmf some months back. Can i make partial withdrawal at anytime and how long will it take to hit my account ?
Thanks

SimpleLuxuries:


Some Investment houses have a Bond Fund option. It operates just like a mutual fund. Pool monies from different investors together and invest it in high quality bonds and Tbills.

emmanuelewumi:



Are you an existing shareholder? Right issues are for existing shareholders of the company.

skyangel:


Which of the of the investment houses & what's the bond fund called. More info will be appreciated.

zamirikpo:


She knows me nah. And she knows I don't have that amount even without checking.

Desperate times calls for desperate measures.

Barrytone:
In no particular reference, recently we have converted this noble thread to jack of all discussions. Making me open the thread with my data then I end up reading irrelevant facts i can simply locate its thread and read up if am interested. No matter how educating a topic is but placed in the wrong thread is bad. If we can respect the thread even at this point of its near demise, it will go a long way to portray our maturity that endeared so many to the thread. Imagine asking new comers to read previous pages and they read and saw nothing on Tbills but other topics.
I stand with Tbills until rates go beyond 8% for 364days. I do not "kill for too much money" but Preservation of capital is key word.