Nezzjnr:

Why are you defending MBA Forex??

If you are cashing out from it and not working with them.. Why should Ahib comment vex you


I've seen how a whole lot of strange monikers in that MBA thread are always quick to insults whenever someone asks a question about them

emmanuelewumi:



Do your due diligence and Invest what you can afford to give out to charity

emmanuelewumi:
By their utterances, agression and abusive words, it is very easy to identify those who are subtly looking for JJC to lead astray into Ponzi schemes and scams.

Donbrig:


You mean you can get 26 to 36% if you are depositing for over 2yrs tenure? Na waoo.. You don't earn that much even with money rituals.

Ibrahim505:

Please what is your recommendations on investment with Piggyvest? They are paying 10-13% p.a.

richforever123:


The people who invested in Thrive Agric through p.i.g.g.y.v.e.s.t where paid, however those who invested via Thrive Agric platform itself are being owed, the company has been in existence for around 5 yrs and it is headed by 2 First Class Graduates of Covenant University, withdrawal is usually instant and a lot of people say good things about them, also all their funds are Warehoused by AIICO Capital

YoungBuffet:


Emmanuel, I have passed my message to him and he should just maintain his Lane. I have been with MBA for over a yr so he should not tell us on that thread where to invest our money. He claims to be big man so he should face his business and never to come to that thread and call us idiots again. Finito!

Aquilapriscilla:


Thank God I have a witness oh

As in, I also partook and I was paid just last week.
Just that piggyvest will buy from thrive agric and then come and retail it to us

TotoNaRubber:

Ahib's thread on MBA FOREX being a ponzi just made it to Nairaland front page. You can go there and attack !

taskcompleteng:
Anyone with BDC license forsale?

maishai:


I can't help but laugh out loud
Nairaland can never seize to amaze me
Y look for bdc liecense on a faceless forum

Ibrahim505:

Please what is your recommendations on investment with Piggyvest? They are paying 10-13% p.a.

ojesymsym:
@emmasoft and Dsticks47,

How does this your dollar fund work?

Dsticks47:
Dear Valued Investor,

About a month ago (22nd August 2020), in a move that surprised analysts, the Monetary Policy Committee (MPC) cut the benchmark interest rate by 100bps to 11.50%, the lowest rate since 2016. In the same vein, the Committee adjusted the asymmetric corridor to +100/-700 bps around the MPR from +200/-500 bps, while keeping CRR at 27.50% and liquidity ratio at 30.0%.
One of the implications of this decision is, low-interest rate and yields in the fixed income space is most likely to persist in the near term. In juxtaposition with the upward trajectory in inflation (currently 13.71%), the probability of earning negative real return has, unavoidably, widened. This has left investors reassessing their strategies as they search for positive real return takes priority.
Hence, it is no surprise that the equities market has gained 3.73% since the cut in MPR.

We posit that share price of major fundamental names present a favorable entry point for long-term play on the one hand and short-term dividend play on the other hand.
Recently, we saw Q2 2020 corporate earnings performance, which was generally better than expected despite the imposition of full economy lockdown, which limited economic activities during the period. We opine that some of these companies are likely to improve even further as the economy recovers from the pandemic.
Nonetheless, it is necessary to carry out a detailed analysis of any company before you invest funds in it. While this requires some particular skill, we understand that this might be particularly stressful for a number of investors and we have a solution for you.
Our Vantage Equity Income Fund (“VEIF”) is an equity mutual fund structured to achieve an efficient balance between long-term capital appreciation and dividend income with a moderate risk appetite through investment in a portfolio of fundamentally justified equity securities, which has also undergone detailed analysis and examination by our investment managers. This is the fund for you if you are looking to take advantage of the potential gains in the equities market but do not have the time or skill to select stocks and monitor your investment.

For account opening kindly use the link on my Signature.

Best regards.


Thank you for Choosing INVESTMENT ONE Funds Management Limited.

Grupo:


I didn't understand the long text.

In simple terms, what's the current rate for VGIF now?

Also, why is it that investment one's VGIF has not added anything to my interests since Friday last week?

Dsticks47:


We have 2 products in our Dollar Category.
1: Vantage Dollar Fund (VDF)
2: High Yield Dollar Note.(HYDN)

VDF
The fund is an Open-ended Fixed Income Dollar Fund and will invest in Nigerian Originated Dollar Denominated assets (Sovereign and Corporates). The fund seeks to provide investors with bias for dollar denominated securities access to such securities, which ordinarily would be inaccessible to them by virtue of the minimum amount typically required to make such investments.



Key Features

· Open-ended unit trust scheme which is duly authorised registered in Nigeria

· The minimum investment amount is US$500 with additional investments in multiples of US$1.00. The Fund Manager however reserves the right to review these amounts as the need arises.

· Redemption will be paid within 5 Business Days after the relevant documents have been submitted to the Fund Manager.

· Every unit holder shall be entitled to receive from the Fund Manager an Electronic Certificate for the number of units purchased by such unit holder. The Electronic Certificate shall be conclusive evidence of the number of units held.

· The minimum holding period in the fund shall be 180 days. However, the Fund Manager is aware that investors might have need for their monies within the minimum holding period and as such would allow redemption during the minimum holding period subject to a 15% charge on the positive total return on the units being redeemed on the day of redemption.

· Dividend will be paid from the income earned to unit holders annually.

· Dividend can either be reinvested into the fund or credited into the unit holders’ bank accounts via electronic means

· Interest earned is currently between 4% to 6% per annum


Kindly find Attached details for the HYDN

Dsticks47:

VGIF interest still remains 7.5
For the interest ( it will be credited accordingly)

The long writeup is simply introducing The Vantage Equity Income Fund to investors who wants to pull some funds into the stock market but don’t know the right stock to buy and when to buy.

With The Vantage Equity Income Fund, we do the heavy lifting while investors go about their daily business.

ojesymsym:
Just to put things in perspective, assuming I invest $1k, how will it run at the end of year 1? Is the profit reinvested or whatever?

Grupo:


Hmm.

Accordingly?

My interest has not changed since Friday last week. It's almost a week now.

Thought you people said you credit interest daily?

Lazyyouth4u:
There are many other reputable money market funds in the market - Stanbic, FBN Quest, United Capital, Vetiva, Afrinvest, SFS Financials to name a few. They are not here aggressively marketing their products but they really should be looked at. Though you should have at at the back of your mind that they will not offer you high yields that are unrealistic in the current low interest environment.

Anyone who is in the market should know that aggressive marketing does not necessarily mean good customer service, reliability and certainty of returns. Be very careful when choosing where to park your hard earned money. Don’t just select the marketer who is in your ears 247 promising you all sorts of unrealistic guaranteed yields. Do your Due Diligence!

Make you no go dey hear ‘voicemail’ or ‘Oga abeg rollover your funds’ at that moment when you really need your money. A word is enough for the wise o. Better to receive lower yields and sleep well at night than to put your money where enough stress go give you High blood pressure o.

talk2tonie:
NTB Auction Result for today 28th October 2020

91 days - 0.3410
182 days - 0.5000
364 days - 0.9800

Happy investing

talk2tonie:
NTB Auction Result for today 28th October 2020

91 days - 0.3410
182 days - 0.5000
364 days - 0.9800

Happy investing

Lazyyouth4u:
There are many other reputable money market funds in the market - Stanbic, FBN Quest, United Capital, Vetiva, Afrinvest, SFS Financials to name a few. They are not here aggressively marketing their products but they really should be looked at. Though you should have at at the back of your mind that they will not offer you high yields that are unrealistic in the current low interest environment.

Anyone who is in the market should know that aggressive marketing does not necessarily mean good customer service, reliability and certainty of returns. Be very careful when choosing where to park your hard earned money. Don’t just select the marketer who is in your ears 247 promising you all sorts of unrealistic guaranteed yields. Do your Due Diligence!

Make you no go dey hear ‘voicemail’ or ‘Oga abeg rollover your funds’ at that moment when you really need your money. A word is enough for the wise o. Better to receive lower yields and sleep well at night than to put your money where enough stress go give you High blood pressure o.

donguutti:


Seems we are for years of low rates and probably negative tbills rates, seems the Cbn is trying to encourage companies and people to spend.

A look at recent company results show that many companies from mtn, flour mills show that cash reserves increased at a higher than expected rate, if everyone is afraid of spending or investing, then we are in troubled waters