Treasury Bills In Nigeria - Investment (1173) - Nairaland
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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)
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| Re: Treasury Bills In Nigeria by TotoNaRubber: 6:16pm On May 06, 2020 |
Investing in bonds now may be risky too except to resell at a later date, the depreciation of Naira will be a total wipe out on capital and interest at the end of the tenure, imagine the value of the USD in 5 to 10 years from now. The $100 million pumped in by the CBN this week seems to have short term impact, Nigeria is diving faster than the speed of light. The Nigerian govt. is not accountable, one day they will empty the reserve and dollar will rise to N800/$. This current depreciation was unforeseen, coronavirus depreciation, we should not expect the govt. to save us this time, this is it. The masses are on their own, there will be hike in prices of goods once the lockdown is over due to the price of dollar, the bdcs are the one running the govt. now. 3 Likes |
| Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:18pm On May 06, 2020 |
ahiboilandgas: Capital is secured if you hold till maturity, but if you decide to liquidate in the secondary market it will be determined by demand and supply. Like now prices of Eurobonds have fallen instead of the normal yield of 6%, people buying at the current reduced prices will be getting yield of about 12%. Can you explain the reason behind the current fall in the prices of Eurobonds, I guess Investors are selling to be liquid in dollars 1 Like |
| Re: Treasury Bills In Nigeria by olenime(m): 6:27pm On May 06, 2020 |
TotoNaRubber:*MAGODO GRA 1 & 2/ OMOLE PHASE 1 & 2/SHANGISHA/CMD/IKOSI & ENVIRONS PROPERTY EXPERT* *Sales* *(1a)* A *healthy* modern and spacious *block of 4 nos of 3 bedrooms flats* on approximately *785 SQM* fenced land, located in a quiet close in *Magodo GRA Shangisha.* *CofO* . *N150m* *(1b)* An *occupied* 4 bedrooms duplex + 2 no's 2 bedrooms flats sitting on *610 sqm* land in *Magodo shangisha* *(solid, decent & distressed)* CofO. *N75m* net. *(1c)* A building consisting of *2 nos of 2 bedrooms flats and 2 nos of 1 bedroom flat* , sitting on *500 SQM* land in *Magodo GRA Shangisha. CofO. *N70m* * *(2)* *Magodo Brooks Estate* Comfort and serenity at *HERITAGE COURT* Location: *Magodo Brooks. Magodo Shangisha Ph2* * *1 No 4 bedroom semi detached duplexes* with maid's room. Price: *N90m* each asking. * *2 Nos 5 bedroom terrace duplexes* with integral parking that can park 2 SUVs conveniently- with additional parking. Price: *N80m* * *1 No 5 bedroom terrace duplexes* with integral parking that can park 2 SUVs conveniently- with additional parking *N90m* asking. *(3a)* *Omole* *phase 2* * *A tastefully built 4 bedrooms fully detached duplex with modern fittings in Omole phase2. N100m. CofO** *negotiable* *(3b)* A newly built 4 bedrooms detached house + a room BQ @ *Omole Phase 2* . *N110m* slightly negotiable. *CofO* *.(3c)* A prime land In *Omole 2.* *N62m* slightly negotiable. *CofO* *(4)* An newly built twin duplexes for sale in *Magodo shangisha* . CofO. *N65m* each. *(5a)* Several *tastefully* built and *exquisitely* finished 4 & 5 bedrooms detached houses in *Magodo GRA 2.* *CofO* . Ranging from *N100m* , *N120m* , *N130m* , *N170m* ....... respectively. *(5b)* An old property sitting on *700 SQM* land in *Magodo Gra 2. N115m & ** *N120m** respectively, negotiable. *CofO* . *(5c)* *BARE LANDS* in *Magodo GRA 2* (a) *(580 sqm @ N85m, (b) 477 sqm @ N80m) CofO* .(c) *385 SQM* land (driveway) *@ N40m* asking. *(6)* A *COMMERCIALLY* viable *4 bedrooms twin of duplexes and a 4 bedrooms detached duplex* sitting on approximately *1000 SQM (* corner piece) along Adekunle Banjo avenue *Magodo shangisha* . *N220m* . *CofO.* *(7)* An *uncompleted* *twin duplexes* fenced with gate in *Ikosi GRA* *Govt Consent* *N85m* slightly negotiable *(  * An *healthy building* consisting of a *4 bedrooms duplex with 2 nos of 3 bedroom flats and a 3 bedrooms duplex* sitting on approximately *700 SQM. CofO, N90m* neg.*(9)* A *new* and *tastefully* built 6 no's of 3 bedroom flats @ *Cocosheen* close, Behind Alade, off *Allen Avenue* *CofO* *N40m* asking. *(10)* *2 NOS* of tastefully finished *2 bedrooms twin duplex* @ Nonso Akpan street, road 10 , *Isheri North GRA,* Isheri North opic, opposite *IIT school* . *Good title.* *N18m* per wing. *Contact* ☎ *0 eight 064 809 0 0 2* |
| Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:29pm On May 06, 2020 |
TotoNaRubber: There is so much liquidity in the system, so it will be oversubscribed by Institutional investors . Pension Fund Managers with Trillions of Naira idle funds. Insurance companies with hundreds of billions of Naira idle funds. The N20 billion will be raised in a week. NB, I am not buying. Dividend yield of 20% is available for some of us with inner eyes. I will rather buy United Capital shares at a maximum of the current price than buying the corporate bonds 2 Likes |
| Re: Treasury Bills In Nigeria by lavylilly: 6:46pm On May 06, 2020 |
A Nigerian pharmaceutical company says Covid 19 PANDEMIC IS A MONEY MAKING VENTURE, AND THEY HAVE A DRUG THAT CAN CURE IT WITHIN 72 HOURS, read their Press Statement; CORONA VIRUS THE PANDEMIC THAT NEVER EXISTED. THE CURE. BY Dr Paul Olisa Ojeih MD Iris Medical Foundation Drugs and Pharmaceutical. On March 3rd 2020, I got a call from The Honorable Minister of Information Alhaji Lai Mohammed. It was a 5 minutes call. The call was centered on Iris medical foundation Drugs and it's effectiveness in treating the Corona virus. I was blunt with the minister, I told him the truth I asked him do you people in Abuja want the Cure or you guys just want to be making billions from grants from America, WHO and other international agencies. The truth is Covid 19 is a curable viral infection that we should not loose sleep over or fret over. In 1985 there was a major viral out break in Tanzania. The fatality, was percent the death ratio was 10 infection to 9 death on a daily basis. The then president, Julius Nyanrere, invited Prof Dr Paul Ojeih Snr, founder of Iris Medical foundation who stepped into Tanzania and with in 3 months the virus was contained with in 6 months there was a cure. That virus was treated with a phynto organic drug known as VENEDI ELIXIR. The virus was later classified as Ebola, virus. I told Nigerians on social media that our government most especially The minister of health, The presidential Task force on Covid 19, The Ncdc, are reaping Nigerians off and making billions from this pandemic that never existed. In my letter to the minister of information I told him that Covid 19 is perfectly treatable and curable. I told the minister that I will infect myself with the virus under 73 hours that virus will be cured. I stake my name, my reputation and credibility that Corona virus is a curable disease. Iris medical foundation drug and pharmaceutical has an authentic cure for this virus, a cure drived, from the enzymes of plants which is pharmacutically engineered to treat complex viral infection. Our drug VENEDI Elixir for 18 years has been used, in the treatment of HIV viral infection, Herpes Viral infection, Syphilis viral infection and infections that are drug resistant. I have told the federal government to stop playing games, to stop looting our treasury all in the name of borrowing money to build isolation centres that we don't need. They know the games they are playing . They don't want to listen because this Covid pandemic is a money making venture, they are putting fears in Nigerians keeping them at home and milking our economy dry. So far our government has spent billions of Naira, money that would have been put into good use. The truth they say is bitter, and the bitter truth is Corona virus is another oil boom for some selected criminals In the government. When Madagascar launched their Herbal initiative to get a cure, I drew the attention of the minister of information and culture, who in turn informed the minister of health Dr Osagie, Ehanire, who went on air and said traditional medicine will be inculcated into the fight against Covid 19. This was never done. While foot dragging, a tiny island nation like Madagascar found a cure through herbal medicine. Then our shameless Chairman of the presidential task force on Covid 19, Boss mustapha, said we were going to import a plane load of the Madagascar herbal cure. Shame, to the country, Shame, to the government, shame to the minister of health and the Ncdc that have been playing games and politics and making billions off this pandemic that never existed. I state, once again for the sake of clarity and emphasis that Corona virus is a baby virus a virus that is perfectly curable under 72 hours with Iris medical foundation drug known as VENEDI Elixir. I have asked the government give me 10 infected patients let's place them on Iris Drugs we keep meeting with a brick wall resistance. Why are they foot dragging, what is their fear and resistance, they play politics meanwhile people are dying, people are loosing their jobs and the country is sliding into recession. As a patriotic Nigeria, i have done my bid. I have sounded the alarm that Corona virus is a baby virus its a friendly virus that is perfectly curable. This is a virus that is very stable in clinicals, a virus that does no harm to the body tissues and organs except when not treated. In essence the virus can be within you and your body system still functions perfectly well with in 72 hours or even longer. This can not be said of other deadly virus such as Ebola. Immediately Ebola enters your blood stream your immune gets compromised and shuts down with in 48hours, you start bleeding from all bodily pores all openings and orifice with in 72 hours you're dead. But with Covid 19 you don't even know you're infected because the virus is not a violent virus that takes over your immunity and shuts it down. We at Iris medical foundation for over 25 years have been into drug research and cure we understand what it means to compound drugs from plants and enzymes and synthesis it into potent cure. Our founding MD Professor Dr Paul Olisa Ojeih (Professor of Medicine) is a pioneer in Alternative and comparative medicine and has popularised Alternative medicine and sector that China, and Indian have taking the lead on. This is one sector that our government has refuses to encourage and invest in, yet a tiny island nation like Madagascar has created and perfected the cure to Corona vurus. Finally, when we say we In Iris medical foundation Drugs and pharmaceutical say we have the cure for Corona virus, We indeed have the cure. All we ask is, for our leaders to stop playing Russian Roulette with our lives and avail Nigerians the cure to the virus. May God help us all. Iris medical foundation no 12 Ajayi Road Ogba Ikeja. imf_info@yahoo.com drojeih@yahoo.com Dr Paul Ojeih 08023950797 Dr Solomon Ojeih 07030595310 Courtesy of Titiloye Charles |
| Re: Treasury Bills In Nigeria by hunter21(m): 6:55pm On May 06, 2020 |
TotoNaRubber:What of buying stocks? |
| Re: Treasury Bills In Nigeria by hunter21(m): 7:12pm On May 06, 2020 |
Goodday everyone, I'm new in this I have securities account with a Nigerian stock brokering firm and I intend to buy stocks. I need peoples advice, any thing I need to know, do s and don'ts |
| Re: Treasury Bills In Nigeria by mymadam(m): 7:22pm On May 06, 2020 |
lavylilly:...  Interesting read but... too many technical/grammatical errors make the piece appear like something from Internet fraudsters! May be, may be not. All the same my verdict is... FAKE NEWS  8 Likes |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 7:33pm On May 06, 2020 |
TotoNaRubber:how can bdc be running the govt ....how much transcation is done by bdc compared to cbn...less than 5 percent pls get u facts ..am a player in bdc 1 Like |
| Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:47pm On May 06, 2020 |
hunter21: There is a thread for that |
| Re: Treasury Bills In Nigeria by Theconglomerate(m): 7:55pm On May 06, 2020 |
ahiboilandgas:less than 5% because the CBN is still selling. What happens when the CBN stops selling or sells only to a select few outlets? That means the rest of the medium/populace will look for alternative sources not so?Aren't these "alternative sources" BDCs and commercial banks? Who will now fix the pricing for all of these people seeking fx? Won't it be BDCs and commercial banks? That's what he meant. BDCs and commercial banks will be the ones fixing price for fx in Nigeria the moment the CBN stops intervening. 3 Likes |
| Re: Treasury Bills In Nigeria by seyisanya(m): 8:04pm On May 06, 2020 |
hunter21:https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/5642 |
| Re: Treasury Bills In Nigeria by TotoNaRubber: 8:17pm On May 06, 2020 |
Unfortunately I do not trade on stocks, I believe there are experts here who can advise on this. hunter21: BDC's are part of the people responsible for currency control, they control all the commercial banks in Nigeria. Every time BDC's are not supplied enough Forex they hoard the ones they have and the commercial banks raise their cards transaction rates to anything they like, two days ago Access bank charged N580/£ for online transaction due to BDC's hoarding Forex. Currently spending limits on Nigerian banks USD denominated cards are being set up due to this. Street BDCs have always been big players in the financial system, i'm sure you know when a Bank run out of dollar, be rest assured you can secure as much dollar as you want through your nearest BDC at a very high rate, the 5 percent is on paper, the reality is more like 30 percent. ahiboilandgas: 1 Like |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 8:28pm On May 06, 2020 |
TotoNaRubber:we are given 70000 dollars weekly 20 ,20,20 10 ....the main buyer like 3 brother buys from must bdc for sale to traders but main companies dont .... |
| Re: Treasury Bills In Nigeria by janga(m): 8:33pm On May 06, 2020 |
mymadam: A Nigerian pharmaceutical company using a public shared email instead of private domain and use their own company email. A Nigerian pharmaceutical company without a valid company website. exactly from internet fraudster 6 Likes |
| Re: Treasury Bills In Nigeria by Raalsalghul: 8:53pm On May 06, 2020 |
hustla: You are not wrong. |
| Re: Treasury Bills In Nigeria by janga(m): 9:17pm On May 06, 2020 |
there’s a guy who bought 22mill worth of bitcoins here when its around 1bitcoins - $5000 and by now he had made 95% of his capital 1 Like |
| Re: Treasury Bills In Nigeria by OgogoroFreak(m): 10:19pm On May 06, 2020 |
janga:It keeps putting smiles on my face everyday. 1 btc is now worth $9,277 Plus the Naira devaluation, I have already made 100% profit if I sell today This thing should be called blood money! 3 Likes 1 Share
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| Re: Treasury Bills In Nigeria by juniorrate: 10:35pm On May 06, 2020 |
OgogoroFreak: very good of u brother but its best u sold out 70% of the money when 1bitcoins hit to $10000 and keep 30% while waiting to see if it can rise for more. 10k-11k might be the rise limit before it goes downward again. if u try to be greedy, its possible to fall into 5000$ again 7 Likes |
| Re: Treasury Bills In Nigeria by Godbpraised: 10:54pm On May 06, 2020 |
I do not advise anyone to buy united capital. The whole strategy of going to sort for funds at this time is suspicious. The fact that is unsecured hmmmm. 1 Like |
| Re: Treasury Bills In Nigeria by zamirikpo(m): 5:51am On May 07, 2020 |
OgogoroFreak: Remember the one small thing can make that price fly back down to $3000!! Be guided, take ur profit and reposition for more gains. 8 Likes |
| Re: Treasury Bills In Nigeria by pluto09(m): 6:12am On May 07, 2020 |
Godbpraised: If one is satisfied with the returns, security is really not an issue. United capital has been around as a listed entity on the Nigerian stock exchange for some time and one can always monitor the progress of the company with quarterly/annual financial reports. 1 Like 1 Share |
| Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:36am On May 07, 2020 |
Godbpraised: Not for the average Investor. Most corporate bonds used to ask for a minimum investment of just 100k, but this one is asking for a minimum of N10 million. The duration of the fund raising exeecise of most corporate bonds is 3 to 4 weeks, but this one has just 11 days. Very few people currently have N10 million to invest during this pandemic. But I can assure you that this offering will get more than the amount needed and excess funds will be returned 3 Likes |
| Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:40am On May 07, 2020 |
pluto09: The 5 years corporate bonds will be used to buy cheap assets, which will be sold in the next 5 years or less. A lot of distress sales are going on and will continue till the end of the year 5 Likes |
| Re: Treasury Bills In Nigeria by damilola1978: 7:48am On May 07, 2020 |
Well I believe, it's going to be used to service high interest loans and investment instruments. emmanuelewumi: 2 Likes |
| Re: Treasury Bills In Nigeria by schoolboi: 8:53am On May 07, 2020 |
OgogoroFreak: Damn you've double your millions |
| Re: Treasury Bills In Nigeria by QuinModah(f): 9:08am On May 07, 2020 |
https://wealth.ng/wealth/fixedincome?sd=fix isoffering 3 yrs bond for 7.8%, what your thought on this? emmanuelewumi:offering 3 yrs bond for 7.8% |
| Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:12am On May 07, 2020 |
QuinModah: None 1 Like |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 9:44am On May 07, 2020 |
QuinModah:every jick and harry offering meanless bonds will be the trend now ...the dmo/cbn crash rates so to allow private player participation in the debt markets but so now firm that cant qualify for bank loan are placing bonds up and down ...pls if u don't know what to do buy a income generating property ....AIT go soon place bonds 7 Likes |
| Re: Treasury Bills In Nigeria by QuinModah(f): 9:52am On May 07, 2020 |
What do you suggest I have about 700$ what do you suggest I do? ahiboilandgas: |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 9:52am On May 07, 2020 |
The Nigerian coperate crinimals are back at it again after wounding us in 2008 via useless ipos in share ...it 12 years now new magas have saved enough funds ...they see the failed tb auction bi weekly that their target those excess funds ....since we refuse to buy shares now is to place bonds (unsecured)....gwitch securities (mis manage 30 bn )investor funds and sec only bar them and revoke their lisensce....AHIB SECURITIES BOND OFFERS..15 percent ��...if cadbuary NIgeria can cook the books and bribe auditors to certified the books any thing can happen 14 Likes |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 9:53am On May 07, 2020 |
QuinModah:keep doing what brought the 700 dollars in first place .. 8 Likes |
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