Comeandcollect:
Good day everyone, I would like to know if it is wise to invest in EuroBonds now, I have 10k USD I am not using, it's just idle in my account.

Or I should rather sell to black market.

Thanks

I was in this dilemma recently.

What did I do.

I converted all the dollars ( $1 = 458)

I intend to convert it back to dollars by the end of September when CBN starts selling to BDC at $1=400-420.

You can make a gain of 400, 000 naira in 2 months with this simple strategy.

Nezzjnr:
Wow

I've really learnt a lot here

Still learning though

Ahbioilandgas I'm still a student but I intend going into practical Agriculture once I'm done schooling

Apart from Agric... Which other investment do you think I should lay my hand on

Cc DexterousOne Emmanuelewumi

Nigsrdumb:


Bad idea

Ewooo!!!

Why do you feel so please??
If you don't mind sharing

topsquino:


I was in this dilemma recently.

What did I do.

I converted all the dollars at the black market at $1 = 458.

I intend to convert it back to dollars by ending of September when CBN starts selling to BDC at $1=400-420.

You can make a gain of 400, 000 naira in 2 months with this simple strategy.

good evening, Sir.

topsquino:


I was in this dilemma recently.

What did I do.

I converted all the dollars at the black market at $1 = 458.

I intend to convert it back to dollars by ending of September when CBN starts selling to BDC at $1=400-420.

You can make a gain of 400, 000 naira in 2 months with this simple strategy.

@topsquino, this might come off as rude, I apologize in advance.

Please help me Glo card or data, a N100 data will finish my registration.

I started registering for npower but couldn't complete due to lack of data.

Please help, I am sorry for coming this direct.

My number is 08151650514

They have all crept out lol

drotba:

They have all crept out lol

check this moniker, it has never posted on any begging thread. I won't have don this if I did not have a deadline

olujaidi:


Check via your banking app. Sometimes the transaction alert gets delayed even though said transaction has occurred.

Seem common to FBN, I don't know why.

what if the dollar doesn't get back to 420. What if we get to a new high of 500 or more? It got to 520 Naira/$ in 2017 and can get there again. At the end of the day, no one can predict these things with 100% certainty. Best bet would be to change some and leave some to mitigate risks. Nigeria's currency policy is more of politics than sound economics.

topsquino:


I was in this dilemma recently.

What did I do.

I converted all the dollars at the black market at $1 = 458.

I intend to convert it back to dollars by ending of September when CBN starts selling to BDC at $1=400-420.

You can make a gain of 400, 000 naira in 2 months with this simple strategy.

Have you guys seen the latest figures? This is ridiculous

naijaoyibo:
what if the dollar doesn't get back to 420. What if we get to a new high of 500 or more? It got to 520 Naira/$ in 2017 and can get there again. At the end of the day, no one can predict these things with 100% certainty. Best bet would be to change some and leave some to mitigate risks. Nigeria's currency policy is more of politics than sound economics.

Well said.

In 2015, it peaked at N520 and later converged to N360.

Of course, anything can happen.

But I think it's a safe bet.

Time will tell anyway

damilola1978:
is it just me or is there another person who has not received interest payment from First Bank

FirstBank will credit savings interest on 4th July 12am while Gtbank always credit as early as 1st june 12am. dont have idea about other Bank

janga:


FirstBank will credit savings interest on 4th July 12am while Gtbank always credit as early as 1st june 12am. dont have idea about other Bank

Stanbic wakes u up with the intrest 1st but they won't send alert just check ur mobile app balance .

In another news , So it has gotten to the extent that ordinary savings pays more intrest than treasury bills. Eegungun has finally entered express.

I can get, i am not an average investor.

Mills55:


where did u get bond of 12%? what type of bond is it?

I put a phone call to firstcontact yesterday, June interest have not been paid!

damilola1978:
is it just me or is there another person who has not received interest payment from First Bank

Thank you for this!

topsquino:


I prefer the former option if I can get 6%

I sent $400 to India & in few seconds, the money is in his account. And they charged me N390/$.

Using Transferwise

XiaoLi:
I put a phone call to firstcontact yesterday, June interest have not been paid!

thanks

Olaide1295:
I sent $400 to India & in few seconds, the money is in his account. And they charged me N390/$.

Using Transferwise

honestly Naira is overpriced

Nezzjnr:
Wow

I've really learnt a lot here

Still learning though

Ahbioilandgas I'm still a student but I intend going into practical Agriculture once I'm done schooling

Apart from Agric... Which other investment do you think I should lay my hand on

Please does anyone have any input on this??

Nezzjnr:

Please does anyone have any input on this??

I suggest you try hard and get a job after graduating.

It's a bad idea to jump right into business after school.

Getting a stable job with a stable salary after school remains the best way to build capital everywhere in the world.

Having a job in a well structured organization will help you understand how corporate structure works. So that even if you want to start your own business later, you already have a lot of experience to leverage.

Also, you can use your experience to find another job if your business fails.

Olaide1295:
I sent $400 to India & in few seconds, the money is in his account. And they charged me N390/$.

Using Transferwise

You may be better off using ACE transfer ,you know. It gives me more bang for my buck,literally. Download the app and compare the rates if you like. I have since deleted transferwise.

Grupo:


I suggest you try hard and get a job after graduating.

It's a bad idea to jump right into business after school.

Getting a stable job with a stable salary after school remains the best way to build capital everywhere in the world.

Having a job in a well structured organization will help you understand how corporate structure works. So that even if you want to start your own business later, you already have a lot of experience to leverage.

Also, you can use your experience to find another job if your business fails.

Thanks boss

Don't you feel Practical Agric is just like a skill being acquired

I've done a pilot project... I won't say it came out the best... But on a scale of 0-100....I would say 80 because I was still able to meet up with the Harvest target

I have also been undergoing some intense practical classes

Nezzjnr:

Thanks boss

Don't you feel Practical Agric is just like a skill being acquired

I've done a pilot project... I won't say it came out the best... But on a scale of 0-100....I would say 80 because I was still able to meet up with the Harvest target

I have also been undergoing some intense practical classes

Depending on your state of residence, you can still combine your agriculture with a a job.

Grupo:


Depending on your state of residence, you can still combine your agriculture with a a job.

Agric requires full presence most especially perishables

Most people who took it as a side hustle ended up clearing everything out

I'm fully prepared for that

Grupo:


Depending on your state of residence, you can still combine your agriculture with a a job.

I stay in Lagos but I've already made plans to make Abeokuta my base when I start

Grupo:


Depending on your state of residence, you can still combine your agriculture with a a job.

I have a friend who works in an international agency here in Nigeria, earning close to 1M monthly. He also has a farm that he is running successfully.

unite4real:


I have a friend who works in an international agency here in Nigeria, earning close to 1M monthly. He also has a farm that he is running successfully.

Have you seen his books?
Having a farm doesn't mean it is profitable or succesful.
How do you know his farming is successful?
It is very difficult to run a profitable farm and combine it with a day job.

Olaide1295:
I sent $400 to India & in few seconds, the money is in his account. And they charged me N390/$.

Using Transferwise

How much were u charged aside the $400?
Regards

Theconglomerate:
Have you seen his books?
Having a farm doesn't mean it is profitable or succesful.
How do you know his farming is successful?
It is very difficult to run a profitable farm and combine it with a day job.

He is a chartered accountant and if after 7 years of running a farm and it's not profitable, he would have abandoned it. He told me is making profits. I can't be asking him to prove it

Nezzjnr:

Agric requires full presence most especially perishables

Most people who took it as a side hustle ended up clearing everything out

I'm fully prepared for that

Well. That's good.

Hope you have good backup plan. I mean something to fall back on? Maybe, rich family that can support financially in the event of loss.

Some of us are on our own, that's why we are often extremely careful.