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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 TransAtlanticEx(m): 1:00pm On Sep 03, 2020 |
ahiboilandgas:lol... Upward trend again I tell you,you no gree. 1 Like
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Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:04pm On Sep 03, 2020 |
CBN just released only $50mln yesterday to clear backlogs(38.6m cash and the rest on forwards) under the pretext of "testing the fx demand". I'm sure this has destroyed the confidence abokis had on getting money from them on monday and are now offering more to the masses for their dollar. Like I said,monday will be funny. If cbn can release only 50mln to repatriators,imagine the chicken feed they will give BDC. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:32pm On Sep 03, 2020 |
TransAtlanticEx:weldone cbn governor.. 6 Likes |
Re: Treasury Bills In Nigeria by Akin3891: 1:39pm On Sep 03, 2020 |
freeman67: Just checked, I haven't received mine. Those who complained yesterday, has anyone received? |
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:41pm On Sep 03, 2020 |
ahiboilandgas: I'm watching on the sidelines Let's see how long this can be sustained I really hope the CBN knows what it is doing |
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:43pm On Sep 03, 2020 |
ahiboilandgas: I dont agree always with the person you quoted But do not write off his position Except CBN has dollars hidden underground somewhere that we do not know about Or they have some magic wand.. Dont be too sure that the CBN will not fk this up and the rates go on an upward spiral again I really hope and pray that the rates continue the downward trend. However I'm cautiously optimistic 3 Likes |
Re: Treasury Bills In Nigeria by Cyberknight: 1:47pm On Sep 03, 2020 |
DexterousOne: We all do, even though its actions don't always convey that message. Its contradictory policy of high interest rates to curb inflation while simultaneously pushing the banks through numerous other policies to expand credit by lending to an imaginary real sector at the same high interest rates is a case in point. 2 Likes |
Re: Treasury Bills In Nigeria by delawal: 1:48pm On Sep 03, 2020 |
TransAtlanticEx: re u a prophet of doom. always sounding saddistic. u always want everytin to fall in with ur most of the times stupi.d views 6 Likes |
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 1:55pm On Sep 03, 2020 |
delawal:You are the one crying and ranting,I'm not.. My views might sound stupid to limited mental capabilities people,so I guess that leaves you where you should be. It's high time you and your likes in Onitsha killing the economy with cheap,dirty imports align and put yourselves in the position of advantage,else you'd have yourselves to blame. 2 Likes |
Re: Treasury Bills In Nigeria by Akin3891: 2:11pm On Sep 03, 2020 |
silvoice: I've been receiving interest from first bank for almost a year consistently, but August interest hasn't dropped yet. I've placed a call to them just now, and there was argument that I made more than 3 transactions, I just kept mute n asked for the record. They came back like a broken record, sorry you are right. So if you haven't been receiving and you never initiate more than 3 transactions, call them to claim your money. |
Re: Treasury Bills In Nigeria by Comeandcollect: 2:26pm On Sep 03, 2020 |
The CBN governor is probably the best governor Nigeria has had since the existence of the CBN. He is not the problem but the Nigerian system is faulty, how can the government keep borrowing money at the expense of the CBN and the FG has no tangible model to generate forex from all the borrowings. The CBN and FGN are two different entities and it will be best they both have a unified govenor, CBN and FGN is like a hardworking man earning N1m a month and keeping a girlfriend that spends N5 million every month, it is destined for failure. 2 Likes |
Re: Treasury Bills In Nigeria by Cyberknight: 2:29pm On Sep 03, 2020 |
Comeandcollect: There is a reason why many developed countries have espoused central bank independence. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:23pm On Sep 03, 2020 |
Please be informed that the Central Bank of Nigeria (CBN) through its circular reference number TED/FEM/FPC/GEN/01/005 dated 24 August 2020 has directed Banks and other authorized Dealers to stop registering Form M whose payment is routed through a Buying House/Agent or other third parties other than the primary suppliers of the product or service. |
Re: Treasury Bills In Nigeria by silvoice(m): 3:42pm On Sep 03, 2020 |
Akin3891:very interesting you mean you called their contact number: First contact or you went to their branch?. thanks for your understanding |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:11pm On Sep 03, 2020 |
ahiboilandgas:all fake demand shall be removed ,all round tripper cbn has used the big stick .....this will slah form m scams by 80 percent ....reducing pressure on the reserve.... |
Re: Treasury Bills In Nigeria by ojesymsym: 4:31pm On Sep 03, 2020 |
E be like say u non know ur people, they go find another way. Imagine the scenario of conniving with schools abroad, is it creating international companies they won't be able to do? Naija people too strong. We tend to always force the hands of regulators and then turnaround to blackmail them that they are bringing policies that stiffens the growth of the nation. I wonder how the British were able to successfully rule us. ahiboilandgas: 5 Likes |
Re: Treasury Bills In Nigeria by pluto09(m): 4:32pm On Sep 03, 2020 |
ahiboilandgas: I like your patriotism and your self belief in the system. Unfortunately, the country is really messsed up and many have lost hope in the system. We wait to see how CBN will remove all the fake demands. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:36pm On Sep 03, 2020 |
ojesymsym:next step is to removed mushroom oversea school from form A .....ONLY CERTAIN NATION... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:39pm On Sep 03, 2020 |
pluto09:i dont any option ....my root are here even if i migrate (which i can afford ) via Express entry , research msc in Austrilia or canada my extended family is still there ....my soul is here .... 5 Likes 2 Shares |
Re: Treasury Bills In Nigeria by DexterousOne(m): 4:39pm On Sep 03, 2020 |
ojesymsym: You are right Nigerians dey one kind As for your question It was done via trickery The British are masters of that And we stand no chance against them |
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 4:41pm On Sep 03, 2020 |
ahiboilandgas:lol is this not creating more problems instead? When you remove all the schools from formA,arent they going to go to parallel market,overheat it and widen the gap again? And when the gap widens,it will turn even legit seekers for fx to round trippers and compound what you're fighting again. Would you for a few profiteers wreck the same thing you are trying to build or fight? There is only one way to solve this problem and I've told y'all already,but a lot of you are too emotional to accept it. 1 Like |
Re: Treasury Bills In Nigeria by Cyberknight: 4:41pm On Sep 03, 2020 |
ojesymsym: By overawing us when we were all uneducated children and by giving us toys to play with when some of us got education and became grownup children. Very easy, really. |
Re: Treasury Bills In Nigeria by Cyberknight: 4:45pm On Sep 03, 2020 |
ahiboilandgas: Do you really think that all this so-called "fake" demand can be "removed", as you term it? Most of the people who do all these things have numbers to call in Abuja. 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:52pm On Sep 03, 2020 |
TransAtlanticEx:is reading a problem ?remove all mushroom universities oversea example American university benin ,American university Niger republic ..... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:58pm On Sep 03, 2020 |
Cyberknight:it already removed gradually. Company x want to import Gas turbine from z company in germany company x open a form M and cbn pay a broker in germany as the agent ,then agent remits to z company .....now company x can call agent to round trip the dollars back to Nigeria and speculate ....now this is cancel ....form m will be paid to company z directly...company z is too wealthy to comprise and he know the huge fines that happen in germany... 3 Likes |
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 5:02pm On Sep 03, 2020 |
ahiboilandgas:A bulk of all these education travellers from Nigeria all go to mushroom schools,very few go to verifiable schools. So so Cyprus,Hungary,Bulgaria,cotonou,etc ..and many more mushrooms. Abi you want the CBN to go on an school verifying exercise worldwide? How long would that take? Because to sieve through mushroom from non mushroom you've got to verify all one after the other,can you? That's the only way to prevent someone from creating a school in Ukraine to serve as a conduit for fx pilfering and round tripping. |
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 5:04pm On Sep 03, 2020 |
ahiboilandgas:Simple way to dodge this clause is by looking for smaller companies abroad that can risk their reputation na Rather than buy from SIEMENS,I'd buy from jerry and partners |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:08pm On Sep 03, 2020 |
TransAtlanticEx:very easy that why we have audit firm like accenture,kpmg etc ....i can even do it as a consultant .....i know all the high risk countries to scrutinize and school very easy ...all attendees of private college in dead countries will need verification from embassy and WES .... 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:10pm On Sep 03, 2020 |
TransAtlanticEx:high risk Nation with high corrupts tendencies will need futher verification and bill of landing to verify imports or else your bnv is foozeen and fined... 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:11pm On Sep 03, 2020 |
TransAtlanticEx:all public institution run by the state will be extempted only private university and new founded ones 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:17pm On Sep 03, 2020 |
All dealer of contraband like textile will have accounts restricted and proceed converted to treasury ....example mudax plaza having over 10 big plazas worth billions selling Chinese textile and zero factory .. 2 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 5:22pm On Sep 03, 2020 |
My guy, I admire your passion but just remember you are dealing with Nigerians. Na only Nigeria for the whole world you go enter market (alaba international market), test DVD, package am pay as u wan go house they go tell u say speaker non de among the thing you pay for.(Reference to the thread yesterday of someone's experience) Nigerians are Nigeria's problem. We are a very peculiar people ahiboilandgas: 3 Likes |
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