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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4595972 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 SOFTDRINK: 10:47pm On Jun 22, 2020 |
DexterousOne:You made a solid point. |
Re: Treasury Bills In Nigeria by cirtapoyat: 10:51pm On Jun 22, 2020 |
DexterousOne:It is so so sad to read this again. Not that I don't know they happen but that it appears we are helpless. It has festered. Is this how we are going to live our lives and die . I don't think this is the best way to have lived on this planet earth. How can a people be this helpless. We are screwed. 2 Likes |
Re: Treasury Bills In Nigeria by ukay2: 11:00pm On Jun 22, 2020 |
emmanuelewumi: Thank you Sir. Customers are very important in business no matter how little they contribute...... 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:50pm On Jun 22, 2020 |
SOFTDRINK: Thank you |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:53pm On Jun 22, 2020 |
Nezzjnr: What do you mean by Adron Homes is defaulting Please explain to me |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:54pm On Jun 22, 2020 |
SirBen90: Yesso |
Re: Treasury Bills In Nigeria by DexterousOne(m): 12:07am On Jun 23, 2020 |
cirtapoyat: Thank God I dont have kids yet. I can't forgive myself if I raise my kids here mehn The reasoning of quite a number is so messed up |
Re: Treasury Bills In Nigeria by casiello(m): 12:20am On Jun 23, 2020 |
emmanuelewumi:What about the 80-20 rule |
Re: Treasury Bills In Nigeria by speak2lift: 12:27am On Jun 23, 2020 |
Adron Homes- those jokers? I laff everytime I see their adverts- i also fell for their marketing gimmicks way back then. Paid for the plot only to be told when i asked for my allocation that there are still some charges I need to off set. [qquote author=abraolas1 post=90941495] the Hidden Charges makes me to run away from Ibeju Lekki area ......for some they put it on their website e.g Andron Homes ....majority of them dont ...until i take a deep look and i later realise that the hidden charges is more than the amount u pay for the land which the buyer will not be inform as at the point of buying ...... And i also fear the Buy 5 and get 1 free plot of land hen.....cos this is Nigeria [/quote] 1 Like 1 Share |
Re: Treasury Bills In Nigeria by speak2lift: 12:34am On Jun 23, 2020 |
This is exactly their Business Model. I know a lot of my colleagues way back in 2014 who opted for installmental payments for Adron homes - did about 8 to 10 months and dropped off. I can only imagine the no of funds they have collected that wld neva be returned... MrMcJay: 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:36am On Jun 23, 2020 |
speak2lift: Na wa o. Tho to be fair to them They spent money on some infrastructure Like the lights and the roads and the setting The price of the land will not recoup that money So its normal to pay some of those charges It's done elsewhere as well, so Nigerians have to get used to it. Though what I dont get Is why the amount is so freaking high Maybe the fee is justified I dont know But all need to be laid bare ab initio 2 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:39am On Jun 23, 2020 |
MrMcJay: Well said. I hear even some traditional rulers are in on the racket |
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:40am On Jun 23, 2020 |
By the way, beginner investors will do well to read up on this link I posted below https://nairametrics.com/2019/11/15/mutual-fund-nigerian-investor-discloses-his-10-years-investment-that-nosedived/ Please read and learn 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nezzjnr: 2:26am On Jun 23, 2020 |
DexterousOne:They collect money without allocation of land to the owners... Whenever you try to ask them about your property .... They go berserk on you 1 Like |
Re: Treasury Bills In Nigeria by MrMcJay(m): 3:05am On Jun 23, 2020 |
DexterousOne: Definitely. They are on it. If there are unresolved land issues with Omoniles in a particular place, just know the traditional rulers are nonchalant or behave as if they are powerless, just know they are also involved. 1 Like |
Re: Treasury Bills In Nigeria by MrMcJay(m): 3:09am On Jun 23, 2020 |
speak2lift: There are many with similar experiences. Even when you complete your payments, the extra charges are outrageous. In the end, money has been paid but land hasn't been gotten. 3 Likes |
Re: Treasury Bills In Nigeria by MrMcJay(m): 3:20am On Jun 23, 2020 |
GonFreecss1: So sorry to hear of your dad's experience. @ the bolded, to get legit land in Lagos, you need: A realistic budget, Avoid payment by instalments, Physically visit the land, Get a registered Surveyor to pick up the physical coordinates of the land and chart it to be sure it doesn't fall under government acquisition, Get a Property lawyer to undertake verification of the land, Verification is not only at Alausa or of only documents, verify the sellers to be sure they aren't impostors and they have the right to sell, Speak to people living near the land. The information that vulcanizer or fruit seller near the property would give you can save you from losing millions. Ask them. Let your lawyer prepare your documents and at the point of payment, the sellers must sign. No stories. Immediately you pay, start building your fence. If possible, pay like 60% of the cost of the land and once fencing is done, pay up the balance of 40%. Once the transaction is done and you've received your documentation, try to perfect your title at the Lands Registry. 30 Likes 8 Shares |
Re: Treasury Bills In Nigeria by GonFreecss1: 4:36am On Jun 23, 2020 |
DexterousOne: Where are you planning to raise your kids? ![]() Just curious. |
Re: Treasury Bills In Nigeria by GonFreecss1: 4:42am On Jun 23, 2020 |
MrMcJay: Thank you very much for your reply sir. I appreciate it. This information is worth a lot. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by GonFreecss1: 4:56am On Jun 23, 2020 |
DexterousOne: The guy invested in an Equity mutual fund. A very very bad idea. 4 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:59am On Jun 23, 2020 |
casiello: As in 20% of your customers will bring 80% of the revenue. Make sure you have as many customers as possible. I will prefer 20 customers bringing 80% of my sales than 2 customers bringing 80% of my sales 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:01am On Jun 23, 2020 |
Wiseoldman: Please go and build your house on the land and take physical possession of the land 1 Like |
Re: Treasury Bills In Nigeria by adekzy: 5:29am On Jun 23, 2020 |
emmanuelewumi: Your contribution is quite educative. So much to learn and unlearn for a young groomer investor. More grace to the effort. 7 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:10am On Jun 23, 2020 |
Buying land is beyond just buying and waiting..it involves strategy and racketeering....a farm brought for 13500 naira only in 1981 was sold for 120m naira in 2013 ,then resold for 180 ,then resold for 400m in 2019 to a estate firm....funny enough the original owner that sold for 13500 came to sign as witness in the 120m naira sale...... 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:16am On Jun 23, 2020 |
But i was gist the the man that inherited the farm..so i asked him how his father pulled all the strings ...was it luck or some strategy ....he told me his dad was member of the inner cabinets of the governor in 1979 and they have the master plan of the state and where futur road will be constructed .....so with this info they invade the area and buy at small sums and wait .....the 13500 farm was inside a bush....suddenly the federal govt built eastern bye pass through it ...boom a vast farm land is now on the express........turkish international school wanting to build bought it at 140m..... |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:28am On Jun 23, 2020 |
ahiboilandgas: That is investment. In Lagos and Ogun when you resell, you are expected to make another payment and get another receipt from the original owner is Omo onile. The Investor who bought the farm land for N120 million must be ready to pay another money to Omo onile, if not he can't build anything on the property 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:32am On Jun 23, 2020 |
Investment is very important. Invest in what you understand, get the necessary information and knowledge. 11 Likes
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Re: Treasury Bills In Nigeria by ahiboilandgas: 8:05am On Jun 23, 2020 |
emmanuelewumi:there no omo onile , the only omo onile was origanal owner who came as witness and was given 1 m (dash ) ... |
Re: Treasury Bills In Nigeria by abraolas1: 8:24am On Jun 23, 2020 |
emmanuelewumi:Already tweet at him..... I hope he take correction Good Morning 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:36am On Jun 23, 2020 |
Steve Bing, an American producer, philanthropist, and writer has died by suicide at the age of 55. According to TMZ, he died on Monday June 22nd after jumping from the 27th floor of a luxury apartment building in L.A.'s Century City neighborhood. Sources told the publication that he had been suffering from depression due to lack of human contact during quarantine. Bing, who founded Shangri-La Entertainment inherited a fortune of some $600 million from his grandfather, L.A. real estate developer Leo S. Bing. After dropping out of University, Bing pursued a career in Hollywood and became the executive producer of the Sylvester Stallone film, "Get Carter," in 2000. |
Re: Treasury Bills In Nigeria by Leezah(f): 8:41am On Jun 23, 2020 |
You are right with your submissions. Money rules Nigeria. DexterousOne: |
Re: Treasury Bills In Nigeria by Nezzjnr: 8:42am On Jun 23, 2020 |
DexterousOne. Hope you are now seeing Adron Homes for who they're |
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