cmoney22222:
Na so cs call me tell me this morning. But I still have to confirm

That is very wrong I think. I just got a response from First bank

Thanks boss. Just confirm from the bank and it’s same date as 25th

s

Nakedman:



That is very wrong I think. I just got a response from First bank

Nakedman:



That is very wrong I think. I just got a response from First bank

smart first bank this a strategy to hold on to money for 2 weeks free of interest,sharp responds that benefit them ....but if na despense error .....it will take forever ....if x billion is stake bi weekly to bid first bank hold the money for 12 days free and recycle another free 12 days free meaning at point in the working week cycle that are some free billion in first bank to boost liquidity and cheap money to loan out.......no wonder that dont have trekking marketers

Waoh....ds i s y I love "Nairaland". Please explain more on how someone can do ds

chigo4u:

Why not convert half of your naira to dollar, it’s still a good option because once naira is devaluated you’ll still make gains. I won’t advise one to have all savings in naira.

The cbn govenor and his team have to start thinking like the investor (customer)and not the regulator (industry) ...the federal govt suspend the import of petrol by 55 depots since 2015 and only nnpc is doing so crowding out other billionaires depot owner b4 depots do 70 percent of the import and nnpc 30 percent ...now it 100 percent ....so where did the cbn govt and buhari think those billions held by depots owner will go in the short term .....TREASURY BILL AT 15 UNTILL THERE CHANGE IN POLICEY

forlahkhe:
Waoh....ds i s y I love "Nairaland". Please explain more on how someone can do ds

i dey mad ...me that covert 100k dollars at 200 in 2015 to 20m only for massive devalution to almost kill me everhing turn to 50 k then even 48k then 55k effectively loosing 45000 dollars because am from Nigeria

Closing the investment space through banning of import bussiness will lead to money chasing treasury bills ...now without any parameter to back it up u close your boader ,ban several items (without reaching self sufficiency) now u have huge uempolyment ,increase poverty , negative growth...and horrible fix icome market ...cos all the capital from import bussiness will move to treasury bills temporary untill baba is out ...

If u restrcit local investor from your tb with bad rate they will move money and buy up dollars in black market inturn raising inflation futher make u raise omo bill above 14 for oyinbo ....2 they will wire out money from Nigeria and rewering back as fdi and place in omo.....

ahiboilandgas:
i dey mad ...me that covert 100k dollars at 200 in 2015 to 20m only for massive devalution to almost kill me everhing turn to 50 k then even 48k then 55k effectively loosing 45000 dollars because am from Nigeria

The same thing happened to me, but I recovered my money back by sending more foreign currency. If I pull out now I will have lost nothing from the devaluation, but then again I'm still at risk if there's another devaluation coming. That's why you must hedge while investing.


I want to pick Ur brain on something but I don't know if I'm permitted to ask here

Nigsrdumb:


The same thing happened to me, but I recovered my money back by sending more foreign currency. If I pull out now I will have lost nothing from the devaluation, but then again I'm still at risk if there's another devaluation coming. That's why you must hedge while investing.


I want to pick Ur brain on something but I don't know if I'm permitted to ask here

why not?

ahiboilandgas:
why not?

Thanks, just a continuation of our hedging strategy.

Do you think this is a good buy ? I mean location, price and value.

https://landwey.ng/lands/

[quote author=ahiboilandgas post=84879002]If u restrcit local investor from your tb with bad rate they will move money and buy up dollars in black market inturn raising inflation futher make u raise omo bill above 14 for oyinbo ....2 they will wire out money from Nigeria and rewering back as fdi and place in omo.....[/quotep]

Boss, not that I like wayo too much but this strategy of shipping out money and bringing it back, in form of FDI. How is it done, pls don't answer here......i will dm u.

NO body should blame me....oooh

Nigsrdumb:


Thanks, just a continuation of our hedging strategy.

Do you think this is a good buy ? I mean location, price and value.

https://landwey.ng/lands/

those estate firms are profit driven hence thier anticipate income come from the sales,making it overpriced ,that axis of Lagos has too many estate firm betting and speculating on that potentails of that zone ( making future buyers have a wide choices( norrowing growths)....i rather buy 8m in festact 2 units =16m and sale for 20m in 2023 and rent 1.8m total 22m

ahiboilandgas:
smart first bank this a strategy to hold on to money for 2 weeks free of interest,sharp responds that benefit them ....but if na despense error .....it will take forever ....if x billion is stake bi weekly to bid first bank hold the money for 12 days free and recycle another free 12 days free meaning at point in the working week cycle that are some free billion in first bank to boost liquidity and cheap money to loan out.......no wonder that dont have trekking marketers

Hahaha. You're very smart. ��

FSDH Asset Management still offered 11.85% today, I don't know how they are doing it.

emmanuelewumi:
FSDH Asset Management still offered 11.85% today, I don't know how they are doing it.

i suspect the omo round tripping deals

ahiboilandgas:
i suspect the omo round tripping deals

They are not allowed to take part in OMO.

They have long term Treasury Bills which they bought when the rates were good, they have commercial papers, FG bonds etc

Initial balance 3,203,900
Amount 3,115,000
deducted amount 3,080,977
Tbill rate 5.5%
Duration 203
current balance 122000

This is my first tbills investment, please i need more explanation on this.
They said my certificate will be send through my mail but i have not received it.

emmanuelewumi:



They are not allowed to take part in OMO.

They have long term Treasury Bills which they bought when the rates were good, they have commercial papers, FG bonds etc

They don’t have branches outside the ph, Lagos and abj why

Naira is now gradually losing value against dollar or is it because of Xmas? Interesting times ahead

chigo4u:
Naira is now gradually losing value against dollar or is it because of Xmas? Interesting times ahead

it supppose to gain cause of influx of overseas guys

chigo4u:

They don’t have branches outside the ph, Lagos and abj why

This question ehn....e get as e be. Is he on the Board? Is he a shareholder? Nnà na wa o

Haaa...,Na wa oh#sorry#

ahiboilandgas:
i dey mad ...me that covert 100k dollars at 200 in 2015 to 20m only for massive devalution to almost kill me everhing turn to 50 k then even 48k then 55k effectively loosing 45000 dollars because am from Nigeria

ahiboilandgas:
i dey mad ...me that covert 100k dollars at 200 in 2015 to 20m only for massive devalution to almost kill me everhing turn to 50 k then even 48k then 55k effectively loosing 45000 dollars because am from Nigeria

What Which kind of devalution is this Biko. Wow

damilola1978:
((8.8-6.5)/6.5) *100 = 14.95%
Still impressive within 3weeks

Bro. it's actually 35%
(2.3/6.5)× 100

olujaidi:


This question ehn....e get as e be. Is he on the Board? Is he a shareholder? Nnà na wa o

Lol, maybe anyone close to them here can answer

emmanuelewumi:


Non TB related topics can be discussed on weekends.

I have a stock market investment WhatsApp group, which focused on investment generally but with a bias for the stock market. But weekends are free days when we discuss as the spirit directs.

Hello
I sent you a mail I would like to be a part of your WhatsApp group

ahiboilandgas:
those estate firms are profit driven hence thier anticipate income come from the sales,making it overpriced ,that axis of Lagos has too many estate firm betting and speculating on that potentails of that zone ( making future buyers have a wide choices( norrowing growths)....i rather buy 8m in festact 2 units =16m and sale for 20m in 2023 and rent 1.8m total 22m

I trust you to break it down to pieces. Thanks a lot.
You inspire a lot

Diyke4rich:


Explain more in details I bought ecobank share in 2009 though it was a small unit since 2009 till now I have not receive any dividend

biggal:


Seems we are in the same shoe mine was 2008., pls let me know if u find any solution

Type your names on this site first and see if anything comes up.


https://sec.gov.ng/non-mandated/

Follow the instructions on the return page if you got a hit.

emmanuelewumi:
FSDH Asset Management still offered 11.85% today, I don't know how they are doing it.

It is now 11%. I guess Its going down.