This one is interesting.
UBA is offering eligible customers personal loans of up to ₦30 million to participate in the Dangote Petroleum Refinery IPO.
On one hand, it gives Nigerians who may not have enough cash available an opportunity to invest.
On the other hand, you are essentially borrowing money to buy shares.
And that raises the real question.
The loan has to be repaid whether the investment performs well or not.
So Viewers, would you take a bank loan to invest in Dangote Refinery shares?
Or is borrowing money to buy shares a risk you would never take?
Make my bank try this type of loan na
ReplyDeletesee ohh and UBA they hold me funds
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