talk2tonie:
NTB Auction Result for today 28th October 2020

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

Happy investing

Na wa. From the glory days of 16%, to struggling to reach 1% *tears*

Dsticks47:

It depends on the option you choose while opening your account.
Profit can either be reinvested into the fund or credited into your bank account.

please I stay at maza maza festac,please how can I see you to open an account with you
please I need it

Whitecoal711:

please I stay at maza maza festac,please how can I see you to open an account with you
please I need it

Our office is at Maryland.
Just let me know when you will be free to come around.
Thank you for choosing IOFS

talk2tonie:
NTB Auction Result for today 28th October 2020

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

Happy investing

Unbelievable

talk2tonie:
NTB Auction Result for today 28th October 2020

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

Happy investing

So basically treasury bills don die. Lol

the govt has another source of borrowing, which is the chinese government ,with the implecation of default being the seizure of property, compared to borrowing from the west who just want to influence a countrys policy............

problem is the world is just starting to learn the implications of chinese borrowing

damilola1978:

Unbelievable

Such is life nothing last forever positive or negative even life itself has a span.
Hence we should make use of any good opportunity that presents itself.

May the spirit of this Eid promote more peace, joy, love, and happiness in the world.

Happy Eid-el-Maulud

With t.b rates dead more customers to ponzi schemes........

ahiboilandgas:
With t.b rates dead more customers to ponzi schemes........

You sha won't leave Ponzi people alone.

Abi you're invested there as well and just lamenting out your fears and worries make e for nor happen?

purleesh:


You sha won't leave Ponzi people alone.

Abi you're invested there as well and just lamenting out your fears and worries make e for nor happen?

He's only trying to save people from debt and possible suicide.

purleesh:


You sha won't leave Ponzi people alone.

Abi you're invested there as well and just lamenting out your fears and worries make e for nor happen?

how is it your business u must not read my posts

richforever123:


I think the man came here because Ahib called him an Idiot, I feel Ahib can make his point without calling them names, some of them know the risk and know it is a Ponzi and are willing to risk it

It is their money and they have the right to spend it as they wish, even as I respect Ahib, I must confess that his manner of approach is sometime wrong and he talks too much for a billionaire he claims he is

did do a valutions for my company and assets to know that they are wort billions ? How did u arrive at the valutions? ....or u use pattern of communications to determine asset valuation? Example the owner of Azman air hardly speak English....but just bought a new plane to add to the fleets...

OgogoroFreak:
He's only trying to save people from debt and possible suicide.

they will thank me later.......surely ...

Oil companies dont own tanker or trucks...contracting firms do .....example the Nigeria breweries trucks are owned by ekenedili chukwu, Total trucks are owned by transporters not total like wise MRS oil plc ,Nipco ,Conoil,Mobil (11 plc)...even leading firms like AA rano also have subcontracting firms with trucks under them ......example for u to get contract to haul for total oil plc u must have a minimum of 10 new trucks and a bank guarantee of 25m
.....while NNPC retail limited is 25 trucks and 50m bank guarantees

Those NNPC trucks are not own by NNPC it own by individual contracting for NNPC subsidiary called NNPC retail limited....any investor can get the contract with right documentations,asset and bank guarantees

The filling station can be company owned or dealer developer (then brand)....example NNPC own only 36 station in Nigeria called NNPC mega 1 ......while investor own the remaining 700 station they build and brand NNPC....under a contract that NNpc will supply the products

What the big deal in owning stations ....up north u can lease a station for as low as 2.5m per anum ....and generate your way bills

What the big deal in owning trucks if u can get contract with total oil plc and good banking relationship u can be fianced up to 100 trucks with payments domiciled in same bank .....AA Rano has 600 trucks,112 station and a depot .......if u don't understand credits finance and franchising...u be surprise how would this village man that can't speak English having this asset .....

Nb is write up is not to encourage any one to participate in oil and gas ....the margin are down and the industry is even drying and future not certains.......just for educational purpose...

CBN Discourages Investment in Treasury Bills, Cuts Rate to 0.34%
https://businesspost.ng/economy/cbn-discourages-investment-in-treasury-bills-cuts-rate-to-0-34/

Very strong line of defense you have here Ahib, the picture is clear

ahiboilandgas:
What the big deal in owning trucks if u can get contract with total oil plc and good banking relationship u can be fianced up to 100 trucks with payments domiciled in same bank .....AA Rano has 600 trucks,112 station and a depot .......if u don't understand credits finance and franchising...u be surprise how would this village man that can't speak English having this asset .....

ahiboilandgas:
What the big deal in owning trucks if u can get contract with total oil plc and good banking relationship u can be fianced up to 100 trucks with payments domiciled in same bank .....AA Rano has 600 trucks,112 station and a depot .......if u don't understand credits finance and franchising...u be surprise how would this village man that can't speak English having this asset .....

There is a big deal in owning trucks........and it is dealing with low level workers who are at most times away from your control.......A truck cost about #30 million, which you are definitely going to hand out to low level skilled workers who probably did not finish secondary school to operate..........now the best supervision you can give is using trackers and managers..............my dear dealing with this class of workers can make one go mad


So most companies hand this section of their operations out.............The few companies that still do transportation and logistics as part of their operations usually bleed cash in that department.

ojesymsym:
Very strong line of defense you have here Ahib, the picture is clear

am not defending anything and I dont have image to portray or protect here cos Nairaland is for entertainment and education.for me i have benefited from mr Emma advice around march when I ask if i should buy zenith stocks at 13 .......during the 2006/7 oil boom oceanic and international bank can open a credit line of 500m for a marketer to buy products...this marketer can be 30 years old ....oceanic bank even built a depot for ramaniyya......but I know there is huge poverty in Nigeria so some figures and achievement might look strange and alien and breed envy....

I agree, but it is also good you put this out there for many of those who understand where you are coming from to have some relief.

ahiboilandgas:
am not defending anything and I dont have image to portray or protect here cos Nairaland is for entertainment and education.for me i have benefited from mr Emma advice around march when I ask if i should buy zenith stocks at 13 .......during the 2006/7 oil boom oceanic and international bank can open a credit line of 500m for a marketer to buy products...this marketer can be 30 years old ....oceanic bank even built a depot for ramaniyya......but I know there is huge poverty in Nigeria so some figures and achievement might look strange and alien and breed envy....

maishai:


There is a big deal in owning trucks........and it is dealing with low level workers who are at most times away from your control.......A truck cost about #30 million, which you are definitely going to hand out to low level skilled workers who probably did not finish secondary school to operate..........now the best supervision you can give is using trackers and managers..............my dear dealing with this class of workers can make one go mad


So most companies hand this section of their operations out.............The few companies that still do transportation and logistics as part of their operations usually bleed cash in that department.

who buy a brand new truck for haulage....rich mnc .....like BHN and recently oil marketer's started buying howo ......but Majority buy tokunbo mark and daf .....they wouldn't pay u higher cos u brought new truck rate same the same ........example a 12m naira truck and 30m naira truck will still be paid 13 naira per litre to Abuja....

maishai:


There is a big deal in owning trucks........and it is dealing with low level workers who are at most times away from your control.......A truck cost about #30 million, which you are definitely going to hand out to low level skilled workers who probably did not finish secondary school to operate..........now the best supervision you can give is using trackers and managers..............my dear dealing with this class of workers can make one go mad


So most companies hand this section of their operations out.............The few companies that still do transportation and logistics as part of their operations usually bleed cash in that department.

outside buhari mismanagement of economy a tokunbo Daf 95 xf injector was 3.5m for the head now 8.

maishai:


There is a big deal in owning trucks........and it is dealing with low level workers who are at most times away from your control.......A truck cost about #30 million, which you are definitely going to hand out to low level skilled workers who probably did not finish secondary school to operate..........now the best supervision you can give is using trackers and managers..............my dear dealing with this class of workers can make one go mad


So most companies hand this section of their operations out.............The few companies that still do transportation and logistics as part of their operations usually bleed cash in that department.

total oil plc gave out brand new truck at 27m to transporter....u will see them on the road with a.c and drivers chilling ......do u know after 2 years of paying through the nose....the cost of maintaining them was too much ......Injector of iveco (brand new ) 700 k and y have to go to iveco office in ijora to get while daf 95 xf.innjector and noodlze plus installations na 65k .....

ahiboilandgas:
who buy a brand new truck for haulage....rich mnc .....like BHN and recently oil marketer's started buying howo ......but Majority buy tokunbo mark and daf .....they wouldn't pay u higher cos u brought new truck rate same the same ........example a 12m naira truck and 30m naira truck will still be paid 13 naira per litre to Abuja....

no doubt sir, my bigeest problem still remain dealing with low level workers that would operate this trucks to give you income,

u need thug mentality to get ur profit else.........

maishai:


no doubt sir, my bigeest problem still remain dealing with low level workers that would operate this trucks to give you income,

u need thug mentality to get ur profit else.........

it not so ....u need a contract with a Mnc company to control finance ..so payments for jobs done come to the company accounts.....against having drivers looking for jobs and collecting cash ( this bring temptation ) u need to be street smart and rugged ....many current transporters are from family of transporter........some families buy truck for each child from secondary school .....that why u hear companies like s.brothers ....Nagero and son etc ...



......

maishai:


no doubt sir, my bigeest problem still remain dealing with low level workers that would operate this trucks to give you income,

u need thug mentality to get ur profit else.........

Not true if you source your load yourself.
Driver can only fleece you much if he is the one looking for work or load.
The only way he can steal from you if you do this is to claim breakdown all the time or excess diesel money,shikena