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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 emmanuelewumi(m): 10:21am On Dec 15, 2020 |
ahiboilandgas: They don't have to train them, experienced loan officers know how to identify disciplined and frugal borrowers. They can have an informed opinion about the borrower by observing your statement of account for the past 12 months 1 Like 1 Share |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:22am On Dec 15, 2020 |
emmanuelewumi:...is base on connections..truck dealers and transporters are a family.....i pick daf 95 xf for 8m from.Alh Bleep and credits and pay back 8m no interest.... |
Re: Treasury Bills In Nigeria by Nobody: 10:38am On Dec 15, 2020 |
We lend money to government. Politicians chop and issue more securities and take more loans to pay us. While the debt profile continues to rise to unsustainable levels until everything bursts in the future. We give money to some fund managers that make some not so good investments (or tie up the funds in illiquid investments) but keep on marketing aggressively to raise more funds and liquidity to pay clients that are asking for their money now. Or beg clients to keep rolling over hoping to fix the issue before yawa gasses in the future. We invest in the stocks of some companies with very questionable corporate governance practices (that many shareholders do not know about)but continue raising money to pay dividends. If people know the kind of accounting manipulation that go on in some of these companies, they will japa. Then we have the NSE. We buy secondary shares but in order to make gains, we must sell to a sucker who must lose for us to make money. If this sucker is smart, he sells to another sucker. Somebody must win and somebody must lose. My point is ponzi dey everywhere. If only people knew that some of their ‘correct’ investments are Ponzi schemes in disguise waiting to explode 4 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:39am On Dec 15, 2020 |
emmanuelewumi:not all ...IBplc loaned out 1bn naira (trading facility) to A.....resource ltd and observing the turn over from the firm accounts it ended in tears (2006)....seevral young oil marketer's got such facilites in 2006/7 .....Jag oil (10bn ) gtb ,rahammiya 40 bn , A resource 1 bn . AS .R 800M , IMAD 10BN and many more .....the loan officer needs training too .... |
Re: Treasury Bills In Nigeria by Nobody: 10:41am On Dec 15, 2020 |
Re: Treasury Bills In Nigeria by NL1960: 10:44am On Dec 15, 2020 |
ahiboilandgas: The problem is that most Nigerians always equate cash flow as profits. They think the account balance of the company is personal money. Some years ago, a former colleague told us a story of his sister's poultry business. After his degree, he stayed with his sister while searching for a job. So he decided to help the sister manage the poultry business as she was complaining she was not making any returns from the poultry business. The guy decided to observe the business and discovered that the sister was always dashing uncles, aunts, church members etc eggs, chickens etc. At the end of the month, she will claim that there is no profit made. What did the guy do?. Anytime the sister tells him to give somebody any of the products, he will register it against her name. At the end of the month, he went to the sister and told her she is owing the business such an amount. The sister shouted saying that how can she be owing her own business. After further talks, the guy suggested an experiment of placing the sister on a salary or allowance and at the end of the month, there will be a net off of what she used as goodwill. After the first month, the sister's eyes were opened and from then onward, she became very careful is dashing out the poultry products. 10 Likes |
Re: Treasury Bills In Nigeria by Nobody: 10:46am On Dec 15, 2020 |
emmanuelewumi: The bolded is very true. Also, it is very rare to see business loans without adequate collateral or personal guarantees of the directors. In the past, yes. Today, not common. The SEPLAT and Access issue would have been a one chance for Access if they were not smart enough to get the personal guarantees of Cardinal’s directors. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 10:49am On Dec 15, 2020 |
ahiboilandgas: Insiders abuse, nothing more than that. |
Re: Treasury Bills In Nigeria by Grupo(m): 10:52am On Dec 15, 2020 |
Lazyyouth4u: Bolded text, just say Investment One with your chest. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 10:55am On Dec 15, 2020 |
Lazyyouth4u: The chairman and CEO of Seplat are major shareholders of Cardinal. I learnt the chairman of Seplat is the landlord of the head office of Seplat. Cardinal used the loan to execute a contract for Seplat. Seplat chairman and his issues with Bank sha, few months ago he sold his shares worth N10 billion to pay debt incurred on a real estate Investment after the case was dragged to the court |
Re: Treasury Bills In Nigeria by igbizen(m): 10:56am On Dec 15, 2020 |
ojesymsym:and will continue wailing |
Re: Treasury Bills In Nigeria by Nobody: 10:58am On Dec 15, 2020 |
Grupo: No na. Haba. There are so many fund managers in Naija na. |
Re: Treasury Bills In Nigeria by igbizen(m): 11:05am On Dec 15, 2020 |
Lazyyouth4u:No mind them. i sorry for those earning in that bracket that wants to take the "expatriate advice"..."Advice is the only free thing one can give becos u dont use it" |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:51am On Dec 15, 2020 |
emmanuelewumi:JAG GLOBAL RESOURCES LTD 4,157,568,000 JAMILU ABUBAKAR NONPERFORMING 30.....in 2006 I went visiting Jamilu in his v.i office and went on a cruise/boat ride with him I heared rumours that he now a billionare so i went there after the boat ride and I was about to go ...he gifted .me xXxX million i kept looking at the cheque in disbelieve.......the banks didnt have the expertise in oil and gas trading and where using random staffs that where coming from the regulated Ago markets to the liberalized one .which huge risk of price fluctuations....they fiance the importation of Ago in millions of dollars and when cargo arrive...crude oil have crashed and Ago price has half .....sell at a loss or keep to icur 10k usd demurage daily ..... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:55am On Dec 15, 2020 |
The banks including the almighty Gtb with all their risk analysis could not see this coming .....zenon lost 50bn and otedola almost committed suicide......Jamilu now late also.. how did the huge human resource with tonne of accounting certification failed in risk analysis....poorly Manage bank (yes ) ...but Gtb .....so banker are not as smart as you think ..... 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 12:20pm On Dec 15, 2020 |
Always resist the urge to shalaye on a faceless forum. Nobody cares. #audio 1 Like |
Re: Treasury Bills In Nigeria by 9jatriot(m): 12:28pm On Dec 15, 2020 |
Everything goes well untill Ahib talks and then blood pressure goes high. 6 Likes
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Re: Treasury Bills In Nigeria by ahiboilandgas: 1:06pm On Dec 15, 2020 |
9jatriot:theoritcal expirence is different from real life expirence.......we learn from real life expirence not long academic eassy .....been paraded 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 1:15pm On Dec 15, 2020 |
ABU suppose flog some ogas wey dey claim graduate of their institution sha. Correct flogging o 1 Like |
Re: Treasury Bills In Nigeria by AngelicBeing: 1:19pm On Dec 15, 2020 |
Lazyyouth4u:You are not a Lazyyouth4u but a productive youth full of insight and I will recommend you to members of Nigeria Parliament and Buhari to make you Minister of forensic and security investigation, I want you to dig deep into the past records of all the criminals in Nigeria( politicians and citizens with questionable wealth) from 1979 till date, all those found to have made Nigeria a cesspit of poverty and darkness, should be arrested, jailed and the keys thrown into the Atlantic Ocean 7 Likes |
Re: Treasury Bills In Nigeria by Nobody: 1:20pm On Dec 15, 2020 |
AngelicBeing: Na you sabi 2 Likes |
Re: Treasury Bills In Nigeria by Leezah(f): 1:40pm On Dec 15, 2020 |
Nice Goel: 1 Like |
Re: Treasury Bills In Nigeria by Leezah(f): 1:41pm On Dec 15, 2020 |
ahiboilandgas:Very true. |
Re: Treasury Bills In Nigeria by Leezah(f): 1:44pm On Dec 15, 2020 |
Lazyyouth4u:This is even done in the best compnaies in the world, so it aint no news in Nigeria 1 Like |
Re: Treasury Bills In Nigeria by Leezah(f): 1:48pm On Dec 15, 2020 |
ahiboilandgas:Bank will not do it |
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:54pm On Dec 15, 2020 |
Are u are trader, transporter , importer , salary earner, finance expert , or investor .....write ups should be about your field .....not some endless long economic theories ......more of real life situation not some paper analysis ....how u invested Bleep millions in this and this are the out come , expirence and lesson learnt.... 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:58pm On Dec 15, 2020 |
If writers must talk about immigration or not ....then write about your personal expirence migrating to canada not some theoritcal reasons .if u migrated and failed write about it , if it some one u know write about it ....if u can't create topic for discussion with real expirence then keep theories to the class room 5 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:59pm On Dec 15, 2020 |
Leezah:that's why the have huge loan defaults ....... 1 Like |
Re: Treasury Bills In Nigeria by megafaraday(m): 2:01pm On Dec 15, 2020 |
Ahiboilandgas I need to contact you pls?� Need your wise counsel asap |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:04pm On Dec 15, 2020 |
A person here converted 100k euro to invest i in fixed income around 2017 now convert back the person at 500+ resulted in huge loss .....this are the type of practical experience wanted , a factory owner wrote about how the Indians turn around his business.........this are lesson .....but long academic theories and yarn up on yarns make the thread a class room .... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:06pm On Dec 15, 2020 |
megafaraday:please write here too much players haters some good head they here ..i really cannot help u outside the forum any more..... |
Re: Treasury Bills In Nigeria by cucumbar: 2:09pm On Dec 15, 2020 |
E be like say fight wan start inside this place. 2 Likes |
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