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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4596519 Views)
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 ahiboilandgas: 5:26pm On Jun 19, 2020 |
Investment in fixed income must serve as a routes to raise capitals or mitigate risk ......coupons must be used to try other more rewarding ventures or coupons used for daily living expense... 5 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:46pm On Jun 19, 2020 |
GBfoods, a culinary products manufacturer, in partnership with the Central Bank of Nigeria, the Kebbi State Government and the Emirate of Yauri, has completed the building of a N20bn tomato processing factory, in Kebbi State. A statement from GBfoods says the factory is the second largest in Nigeria and the only fully backward integrated plant in the Economic Community of West African States, and has the largest single tomatoes farm in Nigeria. When all phases of the project are finished, it stated, the factory would be the largest fresh tomatoes processing factory in sub-Saharan Africa. The statement said, “The investment in the world-class factory and adjoining farm includes a drip irrigation and fertigation infrastructure, greenhouses, seed planting robots, an incubation chamber and a plethora of agricultural machinery. “The farm will serve a dual purpose. It will produce industrial tomatoes in the dry season and soya beans in the raining season. “The tomato factory will convert fresh tomatoes into tomato concentrate used for producing Gino Tomatoes Paste and Gino Tomato Pepper Onion Paste while the soya beans will be used to process soya-bean oil which is a critical ingredient for GBfoods’ Bama and Jago Mayonnaise.” It added that the project created over 1,000 jobs including 500 farming jobs, 150 factory jobs and 150 construction jobs. 5 Likes |
Re: Treasury Bills In Nigeria by Comeandcollect: 6:01pm On Jun 19, 2020 |
Just a quick question, what airline goes from Lagos to Douala, I was told Asky Airline but I've never heard of them, have you used their service before and how would you rate them? Cheers Cyberknight: |
Re: Treasury Bills In Nigeria by emmasoft(m): 6:03pm On Jun 19, 2020 |
jabolo: From the fact of the fund, The fund manager gets paid out of the excess gain of the fund and its shared as stated 35% for investors 15% reserved 50% for all the various fees (Trustees, custodian and others) that make up the expense ratio. Over the years the excess above the SDF is in the range of 4% sometimes slightly less or more. Whatever now accrued to the fund manager each year now depends on what that percentage translate to in terms of real figures. This is a win win case because the fund manager have to work hard to make sure there is excess since that is where their fees comes from. The investor on the other hand already has a Guaranteed rate which is not affected by the performance of the fund in anyway. 2 Likes
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Re: Treasury Bills In Nigeria by Donbrig: 6:28pm On Jun 19, 2020 |
ahiboilandgas: Sorry to slightly disagree with you. Many would prefer to put 80m in fixed deposit and earn 10%, rather than invest same 80m in real estate and earn 20%. Remember you are going to have less stress with your 80m in fixed deposit. Unlike investing same 80m in real estate, where you have to contend with some devilish tenants, costs of repairing facilities in your commercial house from time to time. Real estate is indeed profitable in Nigeria, but you must be ready to face the stress and high blood pressure that goes with it, even if you have a good lawyer or agents helping you out, you can only mitigate the stress a bit, but cannot be completely eradicated. 12 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:45pm On Jun 19, 2020 |
Donbrig:am just giving hypothetical example from the tweets...nb returns on investment is not based on emotions , high bp and social factors ....it based on economic indexes, accounting principle, weighed average , rate and return,risk and rewards etc ......dangote can choose to place 100bn in fixed income at 5 percents or build obajana at 100bn and earn 35 percent returns .......rental income can be any where like mr emma say i can part own 1004 estate via uac or several choice properties in ikoyi via share holding in such firms .... 2 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 6:48pm On Jun 19, 2020 |
Donbrig:If you buy better house for better place with 80m,you and tenant no go get issues. People that will give you trouble won't be able to afford beginners rent for that kind of property in the first place. So if you buy 40m mini duplex for lekki,you go come dey drag with tenant untop 2.5m rent? ![]() He who goes for that property can afford it effortlessly almost 80% of the time. Default is rare. Na all those old,backwater properties weh tenant dey drag with landlord for wella 8 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:51pm On Jun 19, 2020 |
Donbrig:in Lagos business school and investment class ....u are giving two scenarios to calcualted the pay back period .... (pure finance no emotions) ...items like high bp , devilish tenates and stress are not added to p/l accounts ...we have items like depreciation,appreciations , cash flow , income, debt, insurance premuims , valuations,.....this give a investor a clear picture of what is doing ... 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:54pm On Jun 19, 2020 |
Theconglomerate:very true ....dangote group cannot be draging rents with union properties owner of union homes ....i can own shares in union homes.... |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 6:56pm On Jun 19, 2020 |
ahiboilandgas:I never knew they sell shares on already built buildings. Why? Is it to pay back the bank loan they used to build the property or what? |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:57pm On Jun 19, 2020 |
Donbrig:Nb am not a fan of property but enterprise....but a land bought for 800 k in 2004 was sold for 18m jan2020 .....it bet inflations,poor rates and devaluation...... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:00pm On Jun 19, 2020 |
Theconglomerate:na oga emma go fit answer ...one of my mentors has about 14 apartments in 1004 estate ...so i was surprise that the man paid 30mx14 ...until mr emma explain to me how they used uac to buy each apartments at 3m from federal govt in 2004 ..now sold for 37m in 2020. 1 Like |
Re: Treasury Bills In Nigeria by Diyke4rich: 7:16pm On Jun 19, 2020 |
Hello everyone, i need a serious advise, i have a property in lekki phase 2 axies, i bought the property 2015 but rent returns is not encouraging couple with the damages left behind by the tenant, i believe i can get about 60m to 65m been that 2015 i paid 58m including agency and lawyer, my question here is should i sell the property maybe invest in government bond like 15years, the yearly coupon i will get will be channel to develop 50by100 i owned in asaba delta state or should i hold on to the property hoping that dangote refinery can increase the value of the property or should i cut my lose and cash out. Thank you. |
Re: Treasury Bills In Nigeria by Cyberknight: 8:02pm On Jun 19, 2020 |
Comeandcollect: Yes, I've flown with Asky on the Lagos-Douala route. Their service was OK - departed on time both ways. Clean plane. It's run by Ethiopian Airlines, so quite reliable. They gave Arik a real run for their money on that route before the latter fell into the hands of the Nigerian government. I'm not sure if Arik still operates on that route anymore. For some reason, the Asky inbound leg transits through Lome - ridiculous considering the short flight time to Douala. However, Arik used to do the same thing - their inbound flight used to go through Cotonou - a 15 minute flight. |
Re: Treasury Bills In Nigeria by Pascalmotors200(m): 9:11pm On Jun 19, 2020 |
Re: Treasury Bills In Nigeria by lancee(m): 9:17pm On Jun 19, 2020 |
ahiboilandgas: Well said sir |
Re: Treasury Bills In Nigeria by cooldudeng(m): 9:44pm On Jun 19, 2020 |
Theconglomerate: Logically it makes sense. However, if the tenant is that loaded he or she wont really be a tenant in the first place. Truth is, a 2.5m rent would “possibly” have a senior manager working with a multinational as a tenant. The reality is, with the current economic downturn that job can be lost and rent would be a struggle. Default is a risk that comes with tenancy especially in these challenging times 6 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 9:55pm On Jun 19, 2020 |
cooldudeng:Lots of guys in their mid careers with family will always rent semi detached duplex. Also,what of transferring families.You don't expect a family settled in Abuja in their property that moved to lagos to also buy another house na. They will always rent. Bottom line,there is a market for these things always. I didn't say risk of default is zero,but it is way way way less than in their backwater counterparts. 2 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 10:33pm On Jun 19, 2020 |
Looks like the CBN is planning some desperate move to strengthen the naira this coming week. Saw that they debited N216B from banks today so that there would be little naira chasing the few dollars they might release on monday. Truth is,how sustainable would it be? Can they do it? ![]() Bittersweet moments!! Cc Gonfreecss1. What do you think? |
Re: Treasury Bills In Nigeria by Godbpraised: 10:37pm On Jun 19, 2020 |
Ok o. Kontinue. Hmmm. GonFreecss1: |
Re: Treasury Bills In Nigeria by Godbpraised: 10:38pm On Jun 19, 2020 |
Mr tomatoes how market? Theconglomerate: |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 10:43pm On Jun 19, 2020 |
Re: Treasury Bills In Nigeria by jabolo(m): 11:15pm On Jun 19, 2020 |
emmasoft: Thank you. You have answered my question. The Expense Ratio in that example is 2%. It would have been good to see all the historic figures but most of these funds are rather opaque. |
Re: Treasury Bills In Nigeria by jossy26: 11:20pm On Jun 19, 2020 |
Theconglomerate: Rental default is rare in Lekki...lol are these words from the internet or the realities on the streets? Some calculations here though. The street is not smiling and doesnt obey all these theories we put up. Shine your eyes people 10 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:26pm On Jun 19, 2020 |
Theconglomerate: My good sir You have not met characters 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:27pm On Jun 19, 2020 |
jossy26: I just dey laugh Characters plenty for even Lekki Except you go for a certain CALIBRE of people. People with reputation to lose That kind thing That's the only way 3 Likes |
Re: Treasury Bills In Nigeria by PresidentBuhari: 3:34am On Jun 20, 2020 |
What is the description of the property and exact location? You should get a housing agent to evaluate the property, a 4-bed house fully furnished at Chevron drive recently sold for good amount, I will verify the amount. what is the nature of the property damage? Maybe post a picture here, there maybe potential buyers. Diyke4rich: |
Re: Treasury Bills In Nigeria by XiaoLi: 4:44am On Jun 20, 2020 |
@Nnamz there is something i would like to know, i sent you a dm, reply pls. |
Re: Treasury Bills In Nigeria by Diyke4rich: 5:15am On Jun 20, 2020 |
Say who those one in lekki are the big problem some can even stay in ur house for 6months without paying, million plus already lost before they move out. jossy26: |
Re: Treasury Bills In Nigeria by Diyke4rich: 5:25am On Jun 20, 2020 |
Its 5bedroom fully detach deplux and fully furnished at ikota villa estate, for example since i bought the property 2015 i have managed to collect 3 times rent from 3 different tenants, sometime for them to move out is a problem 3 months gone and another 3 to 4 months to get a new tennant, regards to the damage as soon as they leave you have to repaint the house in and out, changing toilet, bathroom fittings,lights, and treatment of the borehole before you know it a million is gone, what i was told before buying the property is not what i am seeing. PresidentBuhari: 2 Likes |
Re: Treasury Bills In Nigeria by AdaoraNK(f): 5:36am On Jun 20, 2020 |
ahiboilandgas: I've always had mixed feelings on this administration handling fiscal economic policies. |
Re: Treasury Bills In Nigeria by AdaoraNK(f): 5:44am On Jun 20, 2020 |
Theconglomerate: Nice one from you. The NEPC was my problem when we were exporting cashew nuts. But somehow, the buyers sent thier agents down here and it was easy for us like 'buying and selling' 3 Likes 3 Shares |
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