NewStats: 3,261,321 , 8,173,683 topics. Date: Wednesday, 28 May 2025 at 08:16 PM 4g473q

XiaoLi:
Yes, nobody wants to be attacked or called some funny names by some cartel here

As long as it doesn't affect you or it doesn't portray what you are in real life... It shouldn't bother the person

And that is what is going to kill this thread, I went to a particular thread and saw how people are closing deals, sharing what they have achieved in life in a way to motivate others without anybody calling anybody names (this thread was like that few years ago) the dubious ones are called out and reminder posted everyday about them so that newbies can be aware, that's maturity and that's how progressive minds roll !!

Nezzjnr:

As long as it doesn't affect you or it doesn't portray what you are in real life... It shouldn't bother the person

XiaoLi:
And that is what is going to kill this thread, I went to a particular thread and saw how people are closing deals, sharing what they have achieved in life in a way to motivate others without anybody calling anybody names (this thread was like that few years ago) the dubious ones are called out and reminder posted everyday about them so that newbies can be aware, that's maturity and that's how progressive minds roll !!

That should be the property section ryt

XiaoLi:
And that is what is going to kill this thread, I went to a particular thread and saw how people are closing deals, sharing what they have achieved in life in a way to motivate others without anybody calling anybody names (this thread was like that few years ago) the dubious ones are called out and reminder posted everyday about them so that newbies can be aware, that's maturity and that's how progressive minds roll !!

when miscrants and persons hustling bus load of other miscrants to BBN voting centres arrive the thread what do you expect ? It's like street urchins from ijora badia moving in Mass to Parkview estate and you still expect orderliness !no way they must be shit and pee on the garden and lawns.

Nezzjnr:

That should be the property section ryt

please don't suggest the thread before a bus load of BBN miscrants arrive the thread lead by their nairaland hopeless leader .

Munamoqel:
please don't suggest the thread before a bus load of BBN miscrants arrive the thread lead by their nairaland hopeless leader .

Property section is more brutal oo... Attack them and they'll come for you in droves

Nezzjnr:



Property section is more brutal oo... Attack them and they'll come for you in droves

Link to the thread if you don't mind.

Was wondering about d safety of my investments. Are treasury bill, bonds, stock, bank s etc really safe?

Given that the information tying me to my investments are now warehoused electronically, at least most of them. What happens if their is a system wide failure? Becoming wretched over night, lol.

For example, a very large electromagnetic pulse can wipe electronic data on a massive scale. Events like nuclear war (USA vs Russia unrests or even North Korea vs World), solar flare from outer space...

Really scary stuff.

ositadima1:
Was wondering about d safety of my investments. Are treasury bill, bonds, stock, bank s etc really safe?

Given that the information tying me to my investments are now warehoused electronically, at least most of them. What happens if their is a system wide failure? Becoming wretched over night, lol.

For example, a very large electromagnetic pulse can wipe electronic data on a massive scale. Events like nuclear war (USA vs Russia unrests or even North Korea vs World), solar flare from outer space...

Really scary stuff.

@emmanuelewumi and other gurus.

Please is it still advisable to convert your naira to dollar or pounds now?

Good day,
Is it normal for a matured Bond bullet payment to be delayed by the bank, the bank said it is CSCS that will pay and it may take more than a week for it to drop?

emmanuelewumi:



Do you have a link to the details of the allotment?

JavaSQL:
Good day,
Is it normal for a matured Bond bullet payment to be delayed by the bank, the bank said it is CSCS that will pay and it may take more than a week for it to drop?

It is paid by CBN. You will get your fund

emmanuelewumi:



Chill till the end of the month.


If you are on CSCS online, you only need to monitor your and you don't need to your Stockbroker

Finally I got confirmation on my allocation for the sukuk 4 bond

FYI

Hello house.

Pls I have a treasury bills maturing in may but I need part of the invested funds urgently. How do I go about it and what is the Implication.

FEGEITOK:
FYI

Good development. We need more taxes, why?

A lot of Nigerians care less about the selection and running of the government. With the increasing taxation and hardship hopefully Nigerians will become more involved.

Nakedman:


Finally I got confirmation on my allocation for the sukuk 4 bond

Got mine too!

exclusiveoloori:
Hello house.

Pls I have a treasury bills maturing in may but I need part of the invested funds urgently. How do I go about it and what is the Implication.

Walk into your bank and go to the customer care. Inform them of your intention and they'll tell you to write to the manager for fund liquidation. You'll get your money within 2days. Just that you won't be given the complete capital. I did dat of recent

That's my oga wey want invest for Palm tree , how u go take do this one

Nakedman:


Finally I got confirmation on my allocation for the sukuk 4 bond

When I went to stanbic, the guy insisted I input my cscs and I did want to input cscs because my previous sukuk, I didn't submit cscs.

So should I check my cscs if I have been allotted or how do I know

just2endowed:
...

So should I check my cscs if I have been allotted or how do I know

Yes

How long does it take fund deposited to show on the investnow dashboard??

ositadima1:


Good development. We need more taxes, why?

A lot of Nigerians care less about the selection and running of the government. With the increasing taxation and hardship hopefully Nigerians will become more involved.

Issue discussed here: https://twitter.com/FinPlanKaluAja1/status/1488949634240110593

Both sides of the equation, interesting, follow if you can

To tax or not to tax

mymadam:


Yes

I did not input my CSCS on sukuk3 but i was instructed to add it on sukuk4 so, how will i check mine ?
Thanks

highcurrent:
How long does it take fund deposited to show on the investnow dashboard??

3 working days

Allboiz:


3 working days

ok. Thanks

mymadam:


Yes

You could also try sending a mail to ask. I just did and got my allotment letter sent.

skydiver01:
Meanwhile, Bitc0in is down ~50% over the last 3 months. Russia announced a few days ago that it intends to ban crypt0currencies (trading and mining) like China and India who have banned crypt0currencies resulting in Bitc0in falling from ~$68k in November 2021 to currently ~$35k. Ouch... I imagine the party will truly be over when Europe implements its intention to ban them all.

The last selloff wasn't due to a supposed Russian ban (which never happened). It was more due to response to macroeconomic policies by the us govt to fight inflation. Effect can be seen across most global markets. Russia is actively working towards a framework to help bitc0in miners operate in their country. Bitc0in has been made legal in India. Western nations are fine-tuning regulations around bitc0in so that folks who own them can pay taxes and institutions can offer them as products. Already, an increasing number of western banks now allow folks to buy bitc0in in app.

If I put 1k away anytime someone predicted bitc0in will go to zero, by now I'd have over a million in that box.

This is the bitc0in returned ROI over the past 10 years, for a market moving that quick, volatility is bound to occur. And guess what? That volatility is what many see and new opportunity and why some of us are in crypt0

I consciously stayed off discussions on this pullback here as I didn't want to go repeating most of what I said in late May last year. At that time we had multiple threads on fp on how bitc0in wrecked folks, same also here mostly by those who didn't own bitc0in. I said something then and I'd repeat it now,

At 30k usd, the way I see buying bitc0in as a Nigerian is simple. If I buy 0.5 bitc0in for about 10 million naira, I can put that bitc0in in a savings and earn interest of between 5-8% apr on it.

Add that to the fact that devaluation of the naira has been ongoing. If the naira devalues at 10% per annum against the dollar (as has been the case) and the value of bitc0in remains same, then thats about 16% per annum on my bitc0in naira value.

Finally, if within the next four years, bitc0in sells for 70kusd (an extremely modest estimate), I can decide to liquidate my holdings for a handsome profit.

Same will hold true whether bitc0in goes to 20k usd tomorrow or not. To me, the risk comes with not owning bitc0in

Using your graph, its seems it has a 4 year cycle. If that pattern is correct then there should be a pull back or loss in value this year. Right?

jedisco:


The last selloff wasn't due to a supposed Russian ban (which never happened). It was more due to response to macroeconomic policies by the us govt to fight inflation. Effect can be seen across most global markets. Russia is actively working towards a framework to help bitc0in miners operate in their country. Bitc0in has been made legal in India. Western nations are fine-tuning regulations around bitc0in so that folks who own them can pay taxes and institutions can offer them as products. Already, an increasing number of western banks now allow folks to buy bitc0in in app.

If I put 1k away anytime someone predicted bitc0in will go to zero, by now I'd have over a million in that box.

This is the bitc0in returned ROI over the past 10 years, for a market moving that quick, volatility is bound to occur. And guess what? That volatility is what many see and new opportunity and why some of us are in crypt0

All valid points. That is what some investing is about - taking risks with the objective of making money. One concern I have is not bitcoin as an asset class but the vulnerability of bitcoin/crypto wallets to theft. Plus I still suspect most global central banks will not allow any crypto asset to be used as an alternative to their currencies as a means of payment. As such, I expect cryptos will fade out in the coming years following more regulation. Right now and up till now its been a cowboys markets. India & China have banned cryptos and I expect more large countries will follow. Nevertheless, I wish all investors great fortunes from whichever assets they to invest in.

jedisco:
I consciously stayed off discussions on this pullback here as I didn't want to go repeating most of what I said in late May last year. At that time we had multiple threads on fp on how bitc0in wrecked folks, same also here mostly by those who didn't own bitc0in. I said something then and I'd repeat it now,

At 30k usd, the way I see buying bitc0in as a Nigerian is simple. If I buy 0.5 bitc0in for about 10 million naira, I can put that bitc0in in a savings and earn interes of between 5-8% apr on it.

Add that to the fact that devaluation of the naira has been ongoing. If the naira devalues at 10% per annum against the dollar (as has been the case) and the value of bitc0in remains same, then thats about 16% per annum on my bitc0in naira value.

Finally, if within the next four years, bitc0in sells for 70kusd (an extremely modest estimate), I can decide to liquidate my holdings for a handsome profit.

Same will hold true whether bitc0in goes to 20k usd tomorrow or not. To me, the risk comes with not owning bitc0in

ojesymsym:
Using your graph, its seems it has a 4 year cycle. If that pattern is correct then there should be a pull back or loss in value this year. Right?

The approximate 4 year decline is due to the issuance of new bitc0in being halved in an approximate 4 year pattern. With a rising global demand and falling supply, this makes bitc0in deflationary hence the rallies result in that pattern.

Of course this pattern wouldn't continue forever and last year has shown that. The last rally was not as intense as most had projected. Also, there are an increasing number of institutions in the space who invest wisely and an increasing number of retail folks have gone past the stage of wondering if crypt0 will go to zero or not and are investing with a longer time frame hence are willing to hold through dips.

In summary, so far, there has been not been an intense rally to warrant the kind of 4yrly decline we say in the past. But irrespective of what happens over the next year, the important thing is that bitc0in will generally trend up with time