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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 QuinModah(f): 6:55pm On Jul 21, 2021 |
emmanuelewumi:This I have seen many times and countless times especially kids that stay abroad |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:57pm On Jul 21, 2021 |
QuinModah: 95% of people in their 80s are financially dependent on their children. 10 Likes |
Re: Treasury Bills In Nigeria by QuinModah(f): 6:58pm On Jul 21, 2021 |
emmanuelewumi:Lol! Where did you get this statistic? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:05pm On Jul 21, 2021 |
QuinModah: I take my mum to the clinic regularly at LASUTH, thank God she invested well while working. I can't imagine the cost implications of her health care, drugs etc on my finances Most of her mates who frequent the clinic don't have that luxury, the struggling children are even fed up. Most times she would ask me to use her funds to pay for some of these old people that have been abandoned by their children, at times doctors will even pay for their drugs. 17 Likes |
Re: Treasury Bills In Nigeria by speedyconnect3: 8:44pm On Jul 21, 2021 |
Did experiment with fbn |
Re: Treasury Bills In Nigeria by Oyindamolah: 8:46pm On Jul 21, 2021 |
speedyconnect3:charges |
Re: Treasury Bills In Nigeria by sircatherine45(m): 9:08pm On Jul 21, 2021 |
Good evening. What's the best bank to buy T-bills? |
Re: Treasury Bills In Nigeria by XiaoLi: 9:49pm On Jul 21, 2021 |
Why DaBogu: |
Re: Treasury Bills In Nigeria by ChybuzzDD(m): 2:50am On Jul 22, 2021 |
QuinModah: It seems you're either not a Nigerian or you've been away for a long time. Parents in Nigeria see their children as investments upon which they will rely in their old age. You can argue that it's not the case in your own family, but you can't disprove the statement entirely. 15 Likes |
Re: Treasury Bills In Nigeria by mickky22: 6:24am On Jul 22, 2021 |
sircatherine45: Stanbic or First bank |
Re: Treasury Bills In Nigeria by sircatherine45(m): 7:57am On Jul 22, 2021 |
mickky22:Thanks a lot! |
Re: Treasury Bills In Nigeria by sircatherine45(m): 7:58am On Jul 22, 2021 |
Another question: can T-bills be transferable to a third party? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:01am On Jul 22, 2021 |
sircatherine45: No. Sell and give the proceeds to the third party |
Re: Treasury Bills In Nigeria by sircatherine45(m): 8:29am On Jul 22, 2021 |
emmanuelewumi:Thanks! |
Re: Treasury Bills In Nigeria by sircatherine45(m): 8:49am On Jul 22, 2021 |
Lastly, where do I subscribe to latest and accurate "signals" or news on T-bills? |
Re: Treasury Bills In Nigeria by yetunsbay(m): 8:54am On Jul 22, 2021 |
UbahTheBuilder:me too |
Re: Treasury Bills In Nigeria by NL1960: 9:07am On Jul 22, 2021 |
emmanuelewumi: Now you are talking. The teachers in my kids primary school are paid well and most of them have been there for close to 20 years. The school is not cheap. The owner has a primary school, a secondary school and a University. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:31am On Jul 22, 2021 |
NL1960: So you can't say workers are not well paid, most Nigerians are poor and can't afford to pay for premium services, therefore the workers will be poorly paid. Most small business owners who render services allocate between 40% to 60% of their revenue to salaries and staff costs, 10% to 20% to rents, 10% to 20% to servings of debts or loan repayment, 10% to 15% to taxes, levies, dues, etc, 10% for depreciation and provision for asset replacement, about 5% to 15% of the revenue will be profit to the business owners 7 Likes |
Re: Treasury Bills In Nigeria by NL1960: 9:48am On Jul 22, 2021 |
emmanuelewumi: This is quite true. This also affects paying of rent by tenants. I have seen secondary schools where termly fees is between 20k-30k and even there are always defaults. The students have to be sent home when exams are coming. Sometimes parents do not prioritize education of their kids. A parent claiming no money to pay school fees will be buying an aso-ebi for wedding or burial for 10k. 8 Likes |
Re: Treasury Bills In Nigeria by oluwaleokey: 9:55am On Jul 22, 2021 |
Nice discussions... Guys what's your definition of a good/quality school? I know there are lots of private schools both old and new ones as well lots of missionary schools... How could one ascertain a good school? What are the factors to be considered or look out for? Number of pupils in per class? Certificate,qualification of the teachers? Tuition fee? School structures, massive compound? School performance records? Children of the elites attending the school? Choosing a school for my lil daughter has become a great task besides I need to thoroughly research so that her siblings can follow suit when its time. Will appreciate inputs from the experienced ones Cheers |
Re: Treasury Bills In Nigeria by yetunsbay(m): 11:55am On Jul 22, 2021 |
I was able to raise little change and I plan to maintain its value at least. -I'm afraid to dabble into all this Agritech uncertainties. -Thinking of purchasing a stable coin-usdt but the thought of hack reset my brain. -Maintain a dorm acct but to purchase dollar no mk sense it's on high side.. returns if later sold is meagre. NOTE- The capital is too little fo real estate. Atleast I need something of 25% ROI within three months with my seed secured Cc emmanuelewumi, others 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:17pm On Jul 22, 2021 |
yetunsbay: Good luck to you, 25% in 3 months and 100% in a year. Go and do business if you want that type of returns, provided you are very knowledgeable about the business, you know the risks and you have a very good risk management strategy to mitigate losses 5 Likes |
Re: Treasury Bills In Nigeria by jobark: 1:00pm On Jul 22, 2021 |
Good day everyone. Currently reviewing offers from FBN Quest. 1. FBN Money Marker Fund - 9.34% 2. FBN Fixed Income Fund -11.46% For clarity, any downsides to picking the Fixed Income Fund offer?. 2 Likes |
Re: Treasury Bills In Nigeria by QuinModah(f): 2:18pm On Jul 22, 2021 |
emmanuelewumi:So, how do dey break even? |
Re: Treasury Bills In Nigeria by QuinModah(f): 2:19pm On Jul 22, 2021 |
jobark:No, holding period is 90days while the other is 30 days. |
Re: Treasury Bills In Nigeria by QuinModah(f): 2:29pm On Jul 22, 2021 |
NL1960:This is typical with Nigerians |
Re: Treasury Bills In Nigeria by QuinModah(f): 2:31pm On Jul 22, 2021 |
yetunsbay:Lol 25% in a month, clapp for yourself. Anyway join crypto or stock market there is a thread for it. All the best |
Re: Treasury Bills In Nigeria by QuinModah(f): 2:32pm On Jul 22, 2021 |
oluwaleokey:Go to Instagram search for toddlerstree I don't have the recording and don't have time to list all she said on a radio program They must not be more than 15 in a class They Must have extra-curicular activities such as Inter house sport very complusory How do they discipline the students? Teachers must be at least BSc degree. Also find out from the gate man, the teacher turnover, if it much, it ain't a good school. Don't forget to Roger him once he guves you the details Check the toilets to see if it okay (ask the gate man you want to use the students rest room) Do they do miracle center or student are allowed to use their own brain? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:22pm On Jul 22, 2021 |
QuinModah: Read, digest, understand and assimilate the breakdown of what I wrote, especially the last statement in the write up |
Re: Treasury Bills In Nigeria by yetunsbay(m): 4:52pm On Jul 22, 2021 |
QuinModah:three months. It exists thou if you can bear the risk |
Re: Treasury Bills In Nigeria by XiaoLi: 5:25pm On Jul 22, 2021 |
What kind of risk? Is your capital safe while bearing this risk? If your answer is no then run. yetunsbay: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:32pm On Jul 22, 2021 |
yetunsbay: Either the fund is not substantial, you didn't sweat/work hard to get the fund or you don't understand how sustainable money making works. 4 Likes |
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