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  #181 (permalink)  
Old 7th November 2012, 09:53 AM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by overload View Post
seems you work in kakawa funds magt...so if the kakawa 'bank' goes burst; who do i go to ask for my money? At least in banks I get about 50k from NDIC if am not wrong (heard it was increased sometime)
kakawa is owned by GTB and some other banks. Not likely to go burst
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  #182 (permalink)  
Old 7th November 2012, 10:02 AM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by overload View Post
seems you work in kakawa funds magt...so if the kakawa 'bank' goes burst; who do i go to ask for my money? At least in banks I get about 50k from NDIC if am not wrong (heard it was increased sometime)
You're permitted to think so...but I must admit, I don't work for kakawa. I just know a number of products in the industry and I thought to share since someone mentioned it....

Kakawa is licensed to do what they do...and they are required to hold investments in a trustee account. So even if Kakawa goes burst, I believe your investment is safe.
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  #183 (permalink)  
Old 7th November 2012, 10:02 AM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by goldsun View Post
kakawa is owned by GTB and some other banks. Not likely to go burst
so if banks even as big as Lehman Broses can go burst why cant kakawa? or are they bigger than those that went burst in the past?
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  #184 (permalink)  
Old 7th November 2012, 10:07 AM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by horlads View Post
You're permitted to think so...but I must admit, I don't work for kakawa. I just know a number of products in the industry and I thought to share since someone mentioned it....

Kakawa is licensed to do what they do...and they are required to hold investments in a trustee account. So even if Kakawa goes burst, I believe your investment is safe.
sorry for the allegation.. but am just trying to play safe, but my problem with the discount houses is that am not sure that they are insured with NDIC.

pls how does it work with this trustee thing? what of if the Trustee is a bank and they are also burst..
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  #185 (permalink)  
Old 7th November 2012, 10:24 AM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by overload View Post
so if banks even as big as Lehman Broses can go burst why cant kakawa? or are they bigger than those that went burst in the past?
i was just trying to say kakawa is not a completely independent company and some oversight will be ensured by the owners
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  #186 (permalink)  
Old 7th November 2012, 10:54 AM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by overload View Post
sorry for the allegation.. but am just trying to play safe, but my problem with the discount houses is that am not sure that they are insured with NDIC.

pls how does it work with this trustee thing? what of if the Trustee is a bank and they are also burst..
Don't worry, a bank going bust doesn't mean our holdings with trusteeship arm is gone...it's just like saying CSCS or a registrar goes bust, what happens to your shares?
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  #187 (permalink)  
Old 7th November 2012, 11:54 AM
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Default Re: Investment Education In Nigeria

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Originally Posted by goldsun View Post
kakawa is owned by GTB and some other banks. Not likely to go burst
Don't be too sure, my friend...
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  #188 (permalink)  
Old 7th November 2012, 01:13 PM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by goldsun View Post
kakawa is owned by GTB and some other banks. Not likely to go burst
FBN is also a major shareholder in the company. The former MD was seconded from FBN.
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  #189 (permalink)  
Old 7th November 2012, 01:56 PM
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Default Re: Investment Education In Nigeria

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Originally Posted by migiets View Post
Na everything you wan setup for Nigeria?. .
My brother no knowledge is wasted plus in any case I'd soon be getting out of my current business and moving into something more long term, I've got a few ideas but I still dey shine my eye.
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  #190 (permalink)  
Old 7th November 2012, 03:18 PM
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Default Re: Investment Education In Nigeria

BBC News - A typical Chinese self-made billionaire

Wu Changjiang: A typical Chinese self-made billionaire!!
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  #191 (permalink)  
Old 7th November 2012, 04:05 PM
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Default Re: Investment Education In Nigeria

Kakawa tb minimum investment is 1 million
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  #192 (permalink)  
Old 8th November 2012, 05:04 AM
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Default Re: Investment Education In Nigeria

An easy way to value a new firm — The Punch - Nigeria's Most Widely Read Newspaper
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  #193 (permalink)  
Old 9th November 2012, 12:59 PM
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Default Re: Investment Education In Nigeria

BBC News - Africa gathers in Lagos for Maker Faire

Wow............here hoping to their Advancement and Greatness forever!!!
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  #194 (permalink)  
Old 12th November 2012, 05:25 AM
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Default Re: Investment Education In Nigeria

Passive income: Make your money work for you — The Punch - Nigeria's Most Widely Read Newspaper
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  #195 (permalink)  
Old 12th November 2012, 05:34 AM
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Default Re: Investment Education In Nigeria

Soon, success in business will be largely online driven - The Punch - Nigeria's Most Widely Read Newspaper
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  #196 (permalink)  
Old 14th November 2012, 05:05 AM
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Default Re: Investment Education In Nigeria

Raising fund for your business (2) - The Punch - Nigeria's Most Widely Read Newspaper

Tips to help run your business happily - The Punch - Nigeria's Most Widely Read Newspaper
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  #197 (permalink)  
Old 14th November 2012, 08:08 AM
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Default Re: Investment Education In Nigeria

What to ask before buying annuity
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  #198 (permalink)  
Old 14th November 2012, 08:17 AM
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Default Re: Investment Education In Nigeria

yes naa. This is how its being done in the developed nations. My only concern for now is that we need like a pay pal in nigeria. A coy i can trust to pay for me without sending my bank details to just any coy out there online.

Moreover we need to improve our broadband with in this country
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  #199 (permalink)  
Old 14th November 2012, 08:18 AM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by Salida View Post
if its to buy from Insurance coys, its a no no for me and my family!
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  #200 (permalink)  
Old 14th November 2012, 09:02 AM
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Default Re: Investment Education In Nigeria

Quote:
Originally Posted by overload View Post
yes naa. This is how its being done in the developed nations. My only concern for now is that we need like a pay pal in nigeria. A coy i can trust to pay for me without sending my bank details to just any coy out there online.

Moreover we need to improve our broadband with in this country
with the diminishing revenue from voice, data is definitely where the network has to improve on. We'll soon be there
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