CBN Slices Treasury Bills Rate to 2%
https://businesspost.ng/economy/cbn-slices-treasury-bills-rate-to-2/

Focusingmore:


The trick with the stock market is to never follow what you read on the news.

I invested 20k in Macy's back in march when it was 4 dollars sold it at 8 dollars effectively doubling my funds.

I'm now using d funds to scalp d market which earns me around 5 to 6 percent daily.

Do d maths.


Sukuk bond , tb even eurobonds are not the best investments right now .

D ten k i put in stanbic eurobond since November last year as returned a paltry 256 dollars.

Investors should look into the us stock market if they want heavy returns.

dipoolowoo:
CBN Slices Treasury Bills Rate to 2%
https://businesspost.ng/economy/cbn-slices-treasury-bills-rate-to-2/

Lol.

They should just scrap it all together.

Hello all. Advise needed with sound analysis. Should one take a NHF loan of max 15 million
payable over 25 -30 years interest rate 6%, equity contribution 10% to buy a terrace house of 38 m at agungi or its environs. The rest would be personal contribution. The person is yet to be married, looking at this more as an investment option and cos of the cheap loan opportunity. A concern is building up savings after such huge investment. The person is also reluctant to rent so might live there, additional expense of furnishing etc etc.

Sach:
Hello all. Advise needed with sound analysis. Should one take a NHF loan of max 15 million
payable over 25 -30 years interest rate 6%, equity contribution 10% to buy a terrace house of 38 m at agungi or its environs. The rest would be personal contribution. The person is yet to be married, looking at this more as an investment option and cos of the cheap loan opportunity. A concern is building up savings after such huge investment. The person is also reluctant to rent so might live there, additional expense of furnishing etc etc.

What does the person think? Why not post the person's analysis here for appraisal?

When your fund is huge, there is a need to choose an investment option that gives good return, but when u don't have any reserve, then your priority should be on how much you can save over a specific period of time and definitely you have to put into consideration an investment option that can help you achieve it with a mouthwatering ROI.

ZPLAN - Give yourself a target amount

Get started - https://api.ziingit.com/online/register/7914305175

DexterousOne:


The rates are abysmal
And our capital can command better returns elsewhere

Please mention the "elsewhere".

kintus:


Please mention the "elsewhere".

Elsewhere could be VGIF, Bonds or Shares of good dividend paying companies.

Sholapey:
“I definitely like it [MY JOB]because I am a pharmacy professional, we get lots of respect in this country compared to what I get in my country. I like everything about Ireland -the culture, the university and, it’s very good exposure for us.” https://www.irishtimes.com/news/health/over-50-healthcare-workers-repatriated-from-india-to-ireland-1.4269057?mode=amp
Note: Don't let anyone discourage you from coming to Ireland. Only those able bodied who are on social welfare complain about Ireland because the society lack respect for them.
Visit the website to clear up on the last arguement.

Its a fun place... How can I start my journey

bjtinz:


Lol.

They should just scrap it all together.

Scrap ke? When interest in it still very high? 4get oo.

Might interest you that even at such ridiculous rates, it was still oversubscribed by close to 200%.

alezzy13:


Scrap ke? When interest in it still very high? 4get oo.

Might interest you that even at such ridiculous rates, it was still oversubscribed by close to 200%.

Interesting

Over a month?

I withdrew a lump sum from my Dom account with FCMB barely two weeks ago. The process was seamless.

You might have to ask more questions.

Best!

LandMann:
Been unable to access my USD... Fcmb keep saying they don't have for over a month now. Is this even legal for them to not allow me withdraw my funds?

You're too magnanimous with your time.

It's unnecessary to present logic and facts to a troll who's simply interested in disrupting a valuable thread with baseless arguments.

By now, everyone should be able to see through this guy and avoid him.

ojesymsym:
And in response, more than one person said they withdrew today, you then change this blanket statement and said maybe it was *change. So my question is how much is (*not change)?
So please clarify,
a) is it that the banks as at today are not giving USD again,
b) or are giving only to those who request for *change in USD?
If your answer is a, then earlier today, USD was withdraw in cash from the bank.
If your answer is b, what is the maximum banks are now giving?
Those are my simple queries sir.

hello elders on this thread please I need clarification about the repayment mode of cbn covid-19 loan of 50 billion naira handled by Nirsal microfinance bank a lot of ppl have been receiving the loan since yesterday I just received mine to day...I need clarification on repayment mode

Ahhhhhh

No 7-10 pages to read today.


Wetin happened?

How did you apply for the loan? Didn't they give you a repayment plan and an offer letter showing terms and conditions?

arena07:
hello elders on this thread please I need clarification about the repayment mode of cbn covid-19 loan of 50 billion naira handled by Nirsal microfinance bank a lot of ppl have been receiving the loan since yesterday I just received mine to day...I need clarification on repayment mode

GonFreecss1:


I hope you are looking at bonds, mutual fund bond funds, and Equity?

Equities sir.

Equities

ozymes:
How did you apply for the loan? Didn't they give you a repayment plan and an offer letter showing terms and conditions?

I applied around ending of March 2020 i was credit 425k instead of 450k the terms and condition is 4% of interest will be deducted on disbursement and 1% to be charged till
February 2021

arena07:
I applied around ending of March 2020 i was credit 425k instead of 450k the terms and condition is 4% of interest will be deducted on disbursement and 1% to be charged till
February 2021

5% was charged outrightly.
#2,500 extra could some Administrative charges

arena07:
I applied around ending of March 2020 i was credit 425k instead of 450k the terms and condition is 4% of interest will be deducted on disbursement and 1% to be charged till
February 2021

5% was charged outrightly.
#2,500 was charged maybe for administrative fees
Which is a total of 22,500+2,500= 25,000. Hence you were credited with 425k
425k divide by 12= 35,417 monthly.
I maybe wrong but this is what I was able to come up with. I will advice you contact the concerned financier for more clarification.

Nothing interesting on this forum. Lord have mercy. Anyways guys keep the conversation going.

Oil dropped 7%. Euro lost value against the dollar after about 5 days of consistent gains. SP 500 dropped 6%. Most currencies of emerging economies also lost value to the greenback. All happened today. Investors fear that the worst is not yet over due to Covid-19.
Meanwhile, In other news, Happy democracy day friends.

arena07:
hello elders on this thread please I need clarification about the repayment mode of cbn covid-19 loan of 50 billion naira handled by Nirsal microfinance bank a lot of ppl have been receiving the loan since yesterday I just received mine to day...I need clarification on repayment mode

Never knew that this facility existed.

naijaoyibo:
Oil dropped 7%. Euro lost value against the dollar after about 5 days of consistent gains. SP 500 dropped 6%. Most currencies of emerging economies also lost value to the greenback. All happened today. Investors fear that the worst is not yet over due to Covid-19.
Meanwhile, In other news, Happy democracy day friends.

Oil fell bad.
The worst of covid isn't really over like you say bro.

pluto09:



All the yoyo traders are now claiming experts, telling us that the Oracle of Omaha is old school for selling some of his stocks and staying on cash.

Though he deserves much credit the game is changing

naijaoyibo:
Oil dropped 7%. Euro lost value against the dollar after about 5 days of consistent gains. SP 500 dropped 6%. Most currencies of emerging economies also lost value to the greenback. All happened today. Investors fear that the worst is not yet over due to Covid-19.
Meanwhile, In other news, Happy democracy day friends.

We are still watching on the sidelines
Let's be observing
By Q3 ending / early Q4

We go know where we dey go

afroxyz:


Though he deserves much credit the game is changing

The game is changing?

I doubt sha.
But that's me.

Certain things are still sacrosanct


Bullish run with no fundamentals is like walking on quick sand
Las las it will always end in tears.

Ade4all080:


5% was charged outrightly.
#2,500 extra could some Administrative charges

Thanks bro I was given 3 months moratorium before paying back interest what does it mean?

talk2tonie:


5% was charged outrightly.
#2,500 was charged maybe for administrative fees
Which is a total of 22,500+2,500= 25,000. Hence you were credited with 425k
425k divide by 12= 35,417 monthly.
I maybe wrong but this is what I was able to come up with. I will advice you contact the concerned financier for more clarification.

Thank you I will

arduino:
Never knew that this facility existed.

It exist

arena07:
Thanks bro I was given 3 months moratorium before paying back interest what does it mean?

I think it means for 3 months, you won't be charged any interest on the loan.
Wait for the elders come and explain better