IyawoToBe:


Alert in I just did a happy dance

emmanuelewumi:



Smart investors are cashing out, some bonds bought at N100 are now selling for N150. Very possible the fund managers sold some and invested in fixed deposit.

The balanced fund is also not doing badly, they invest in equities, money market and fixed income

emmanuelewumi:



Most of these bonds are currently selling at a premium of 50% or there about, Dr Ukay correct me if I am wrong you are the in-house bond Investment expert

IyawoToBe:


Alert in I just did a happy dance

emmanuelewumi:
Secondary market prices for some bonds sent to me by Afrinvest.

Obaseki the governor of Edo State is the founder of Afrinvest


Some of the bonds have even gained 100%

emmanuelewumi:



Congratulations, nothing as good as being woken up by dividend, coupon or rent payment alert

Nero4306:
Wow just got my alert too.... I was thinking the 11.2% was p.a but what i got was really 11.2% for 6 months..... See groove inside party... Thanks all

emmanuelewumi:


It is per annum, you got half of it now the other half will be paid in 6 months time.

emmanuelewumi:


It is per annum, you got half of it now the other half will be paid in 6 months time.

Nero4306:


What i got is 11.2% of what i invested am surprised

emmanuelewumi:



Really, it will be difficult for them to make that mistake

Nero4306:

Well i will wait and see what i will get by June 2021 the next payment

emmanuelewumi:



DMO will soon write you, your gain is someone's loss. They will investigate and a restitution will be made

Myhelper1:
I don get alert...God win!!!

umulobi:
Hi gurus in the house, please,hear my story and advise me on next step to take.I have posted this on crime section but didn't receive any response.

I completed an application for CBN's FORM A through my bank( one of the commercial banks) to pay tuition fee in Canada last week. On Monday 14th December, 2021 I received a debit alert with more than N128,000 over what my account was supposed to be debited. I quickly checked on CBN's site for exchange rate for that day and discovered that it was N296.7 to 1CAD$.

I immediately called the customers service center to find out the reason for the excess deduction .The agent asked me how much I requested for the tuition, I told him and he did some calculations and told me that the exchange rate was N311 to 1CAD$. I countered him by telling him the rate I saw on CBN's site, he responded that there are charges attached. I made him understand that I made similar transaction in October with the same bank and branch and to same school in Canada and nothing was charged (even if there is,it should be very negligible ,not N128,000. I even transferred a higher amount in October)from my account. He was a bit confused and told me he would send me the receipt of the transaction which he never did till today.

After waiting for some hours, I emailed the customers service center with details. They responded few hours later on the same Monday and asked the branch I completed the FORM A. I replied immediately with the branch. Since then, I didn't hear from them again. This is unlike my bank that would respond and resolve issues within 48hrs whenever I email them.

Today, 16th December 2021 I sent I reminder to the customers service center via email that I am yet to get feedback from them or see a reversal of the excess amount in my account. I made them understand that I would escalate the complaint to CBN if I didn't receive a resolution within the time frame given by CBN.

Please, I need suggestions on how to resolve this issue or how to take it up ...on twitter or CBN or consumer protection council.

RayRay06677:


It became unponzi and others might unponzified too, some day, somehow

emmasoft:
As alert starts coming in from your Sukuk,
remember to reinvest some percentage of your coupon into stocks or VGIF or both depending on your risk tolerance in that way you are compounding your gains.
By the 7th year you will be amazed what your gain has gained.

Open a cscs and VGIF account with Investment One for free.

Check my signature for details/contact

emmanuelewumi:



DMO will soon write you, your gain is someone's loss. They will investigate and a restitution will be made

umulobi:
Hi gurus in the house, please,hear my story and advise me on next step to take.I have posted this on crime section but didn't receive any response.

I completed an application for CBN's FORM A through my bank( one of the commercial banks) to pay tuition fee in Canada last week. On Monday 14th December, 2021 I received a debit alert with more than N128,000 over what my account was supposed to be debited. I quickly checked on CBN's site for exchange rate for that day and discovered that it was N296.7 to 1CAD$.

I immediately called the customers service center to find out the reason for the excess deduction .The agent asked me how much I requested for the tuition, I told him and he did some calculations and told me that the exchange rate was N311 to 1CAD$. I countered him by telling him the rate I saw on CBN's site, he responded that there are charges attached. I made him understand that I made similar transaction in October with the same bank and branch and to same school in Canada and nothing was charged (even if there is,it should be very negligible ,not N128,000. I even transferred a higher amount in October)from my account. He was a bit confused and told me he would send me the receipt of the transaction which he never did till today.

After waiting for some hours, I emailed the customers service center with details. They responded few hours later on the same Monday and asked the branch I completed the FORM A. I replied immediately with the branch. Since then, I didn't hear from them again. This is unlike my bank that would respond and resolve issues within 48hrs whenever I email them.

Today, 16th December 2021 I sent I reminder to the customers service center via email that I am yet to get feedback from them or see a reversal of the excess amount in my account. I made them understand that I would escalate the complaint to CBN if I didn't receive a resolution within the time frame given by CBN.

Please, I need suggestions on how to resolve this issue or how to take it up ...on twitter or CBN or consumer protection council.

Lazyyouth4u:


Dem fit go feel say you dey put sand sand for person garri o

emmasoft:
As alert starts coming in from your Sukuk,
remember to reinvest some percentage of your coupon into stocks or VGIF or both depending on your risk tolerance in that way you are compounding your gains.
By the 7th year you will be amazed whatat your gain has gained.

Open a cscs and VGIF account with Investment One for free.

Check my signature for details/contact

emmanuelewumi:


He will vomit the excess payment, even if he sells his bond in the secondary market

Nero4306:
Wow just got my alert too.... I was thinking the 11.2% was p.a but what i got was really 11.2% for 6 months..... See groove inside party... Thanks all