dake40:
For small capital investors These apps might serve you right...

Please note that I'm not an affiliate nor promoter . I use them and felt like sharing with you..


The apps are very safe and backed up and also insured.. For example, Piggybank is insured by UBA bank

Alat is owned by WEMA

Paylater (carbon)

PayLater is owned by One Finance Investment limited


You might want to make your back ground research on these apps before you invest in them......


______

Alat has everything I'm looking for including converting naira to dollars, but the app doesn't seem to work properly, I saw lots of horrible reviews on the app store, including people complaining that they're unable to transfer money out of the account.

It's a shame because most of this new investing apps have brilliant ideas but poor implementation.

For the fg bonds peeps , after thinking thoroughly about it, locking up 50 million for 5 years is a terrible Idea.

Even if you hedge, the returns after five years will be lower.

The reserves keep falling, at best if lucky we'll escape a devaluation this year but not sustainable for five years

I'm sticking with the eurobond, all I need is how to convert my naira to dollars online.

Barrytone:
If I invest 10m on the 10 year bond, how much will I be making yearly. Yhanks

richforever123:


Please which website did you get this information from?

needful:
FG Bond

Barrytone:


Source please, just been asked.

Barrytone:
That advent is on DMO site, just seen it but cant paste here.

TotoNaRubber:
If you have Naira and usd accounts in naija, all you need to do to find someone that can negotiate with a reliable bureau de change, you pay the bureau de change in naira, they credit you usd acc within 3 hours.

As for investing 50 milla in FGN bonds, it is a huge risk and better you split the money in halves, half in Eurobonds and half in FGN bonds, whatever happens with devaluation you are somewhat better off.

dake40:
_____

Alat has everything I'm looking for including converting naira to dollars, but the app doesn't seem to work properly, I saw lots of horrible reviews on the app store, including people complaining that they're unable to transfer money out of the account.

It's a shame because most of this new investing apps have brilliant ideas but poor implementation.

For the fg bonds peeps , after thinking thoroughly about it, locking up 50 million for 5 years is a terrible Idea.

Even if you hedge, the returns after five years will be lower.

The reserves keep falling, at best if lucky we'll escape a devaluation this year but not sustainable for five years

I'm sticking with the eurobond, all I need is how to convert my naira to dollars online.

healthserve:




Jesus. This sounds scary to me. Almost like they're subjecting you to threat and making you subject to their mercies. I hope you are doing or have taken drastic measures. Abeg o. Tbills won't threaten or loot your account o. This descriptive is scary enough abeg

RealityShot:
and that is the "real sector" you and your friends are suggesting we all JUMP into overnight, right?

You jump first, leave Tbills...

OgogoroFreak:
Is kakawa discount house trusted? And can I invest in bond through them?

Which investment house or fund managers do you suggest I use?

emmanuelewumi:



Kakawa Discount House is no more, First Bank bought the company and renamed it FBN Merchant Bank the Head office is at Keffi street Ikoyi Lagos

emmanuelewumi:



Kakawa Discount House is no more, First Bank bought the company and renamed it FBN Merchant Bank the Head office is at Keffi street Ikoyi Lagos

RealityShot:
does that mean we can go to fbnh office and subscribe?

My broker, Meristem, didn't send such info.

I will prefer a company with branch in Port harcourt for this bond...any suggestions?

RealityShot:
and that is the "real sector" you and your friends are suggesting we all JUMP into overnight, right?

You jump first, leave Tbills...

ahiboilandgas:
tracker ke ? I have trackers but a bastard driver sold 1500 litres and another 1000 litres claiming evaporation....i got him locked up and he confessed we also arrested the buyer he has brought 400 k but police men wan chop also 100k ........i moved 1.3m litres and 3000 litres was stolen/lost /dissapper....

richforever123:


You will get N727,500 every six months at 14.55% for 10 yrs
Best Regards

oludy:


I have been pondering on this question. In 10 years, could we see an exchange of over N500 to a dollar? Any government that allows that would have thrown our country to the dogs. But then, looking back, 10 years ago, naira was exchanging at about N150 to a dollar. Now, it's circa N360. Any thoughts?

IamR:
It's like this FGN Bond is not for small players o.

needful:


I saw that on their site but got a different mail from morgan capital which stated that the minimum is N10000.

needful:


I saw that on their site but got a different mail from morgan capital which stated that the minimum is N10000.

IamR:

Yeah, I got same mail from Morgan Capital.

emmanuelewumi:


That will be sales through the secondary market.

Morgan can buy N50 million worth or more and resale to you at N1100 and your effective yield will drop from 14.5% to 13%

oludy:


I have been pondering on this question. In 10 years, could we see an exchange of over N500 to a dollar? Any government that allows that would have thrown our country to the dogs. But then, looking back, 10 years ago, naira was exchanging at about N150 to a dollar. Now, it's circa N360. Any thoughts?

Icecream4U:
What? It's a small world oh!

I believe this happened recently? Because, I heard the story in Benin of a certain manager that got arrested for conniving with a truck driver to divert goods worth several millions of Naira.