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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 dannycloud(m): 10:48am On Jun 13, 2019 |
I think you guys all really need to read this, it might help someone here to start his movement to financial freedom.. https://dwealthforum..com/2019/06/the-first-step-of-wealth-creation.html |
Re: Treasury Bills In Nigeria by aremso(m): 10:51am On Jun 13, 2019 |
freeman67: sorry to coming, i just gave a friend 100k to start the red oil biz and the person told me they usually get it for 7k and sell it for 8k/25ltr at ikotunn market in Lagos |
Re: Treasury Bills In Nigeria by TotoNaRubber: 10:51am On Jun 13, 2019 |
Exactly, i just bought $10,000 this morning i no want wetin Andy do to Anthony Joshua to happen to me. ahiboilandgas: |
Re: Treasury Bills In Nigeria by ikechukz(m): 10:58am On Jun 13, 2019 |
Good morning everyone. I was thinking about starting Tbills with 500k and then invest 30k monthly in MMF, but the current Tbills rate ain't favorable at all. Will it be wise to invest everything in MMF? Please I need your response ASAP. |
Re: Treasury Bills In Nigeria by Akhenisi03(m): 11:02am On Jun 13, 2019 |
my investments has been way off recently |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:09am On Jun 13, 2019 |
chukzyfcbb:how I go dey unhappy with a public info and investment ,when 5 trillion pension money is locked in fixed income 3 Likes |
Re: Treasury Bills In Nigeria by ify2016: 11:14am On Jun 13, 2019 |
ahiboilandgas:That's another point. Can someone convert his pension money into any other investment? 1 Like |
Re: Treasury Bills In Nigeria by reservd(m): 11:21am On Jun 13, 2019 |
logoscope:If you understand the calculations, u wl realise that u won't earn more, 6 Likes |
Re: Treasury Bills In Nigeria by Nobody: 11:45am On Jun 13, 2019 |
ahiboilandgas: Continue buying the dollar na. That is what they want. By the time every body now has excess dollars and pounds stored up due to the anticipated float, then follows it with another wicked policy that will ban importation of say PMS which is the most volatile component of the economy, guess what will happen to the demand for the same dollars? If you must buy dollars, buy it with sense. My 2kobo 6 Likes 1 Share |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:49am On Jun 13, 2019 |
DanXplore:wicked policey ban on pms importation ...really no futher comments 4 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 12:00pm On Jun 13, 2019 |
DanXplore:Ban importation of PMS? Without any working refineries? 6 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 12:01pm On Jun 13, 2019 |
My Tbill is maturing next week, don’t know whether to resubcribe immediately or wait to see if there would be any increase in rates. Especially with this uncertainty of dollar! Confused |
Re: Treasury Bills In Nigeria by kisszhira(m): 12:04pm On Jun 13, 2019 |
ahiboilandgas: The guy has a point.He just gave PMS as an instance.... It's not necessarily that it has to be pms. And you know how tricky this govt can be 2 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 12:07pm On Jun 13, 2019 |
kisszhira:What other ban can seriously affect dollar rate asides pms? I know rice is already banned 2 Likes |
Re: Treasury Bills In Nigeria by lancee(m): 12:46pm On Jun 13, 2019 |
https://www.abokifx.com/news/cbn-injects-210m-into-forex-market-punch CBN VS SPECULATORS Again ..lets see who will win ..CBN boast of 45B plus on her reserve , by the time people change 5 billion into our DOMI ACCOUNTS Should in case T bills rate increases and the dollars isn't yeilding any profit maybe we go change am back again ..let see how far CBN can go 1 Like 1 Share |
Re: Treasury Bills In Nigeria by HeliosHay(m): 12:48pm On Jun 13, 2019 |
ahiboilandgas: That's interesting. Isn't the float supposed to be a good thing? If the official rate (artificially managed by the CBN) is allowed to float freely and meet the black market rate (the equilibrium rate dictated by supply and demand) a single rate should be achieved...why do you believe the black market rate will move up to 380...in other words, find a new equilibrium? https://www.youtube.com/watch?v=GHkzE-kCXCs |
Re: Treasury Bills In Nigeria by Akerewe(m): 12:51pm On Jun 13, 2019 |
pls fellow investors, I need gtb secondary rate for today asap. also does stanbic bank accepts tb and upfront reinvestment? |
Re: Treasury Bills In Nigeria by zamirikpo(m): 12:54pm On Jun 13, 2019 |
zamirikpo: Pls ooh....any news on today's AUCTIONS. Did it hold. |
Re: Treasury Bills In Nigeria by Nobody: 1:15pm On Jun 13, 2019 |
chigo4u: The Buhari I know could do that. That nigga has no joy but I like him like that sha. As for the refinery issue, Dangote Refinery, the largest in Africa is expected to commence operations by 2020. It has one of the biggest Fluid Catalytic Cracking (FCC) unit in the world. The FCC is the heart of any working refinery. You know what that means. Is it a coincidence that this policy is being suggested as we approach 2020? Banning was quite extreme on my part but notwithstanding, even if PMS/Petroleum products are not banned, what I am certain of is a heavy premium on importation of PMS that will force local patronage. Nigeria's economy is very sensitive to the supply and demand of petroleum products. Once the apacity to refine petroleum issue is resolved, the other binding macroeconomic parameters may fall in place. E.g, polymer synthesis (like plastics), agriculture (fertilizer), power generation (e.g from local steam turbines, gas turbines, heat recovery stream generators), pharmaceuticals etc. All these have the potential to offset our trade balance. Buy dollars o, but buy and sell it with sense. 6 Likes |
Re: Treasury Bills In Nigeria by HeliosHay(m): 1:21pm On Jun 13, 2019 |
DanXplore: I agree 100% It's not a matter of IF but WHEN Dangote (and I presume a lot of other wealthy individuals in Nigeria) have invested a LOT in that refinery...they'll want to make their money back. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 1:27pm On Jun 13, 2019 |
HeliosHay: See, Dangote is not the Nigerian government. He said he will start cement, he did. He said he will start tomato paste, he started. He said he will start sugar, he did. Inspite of the prevailing conspiraces against crude oil, dangote wen ahead to set up a very gigantic refinery. Not only that, there are hundreds or even thousands of workers currently undergoing training. You think he is stupeed? Now following Dangote's progression, are you really doubting that the refinery will soon be fully operational? I hope this addresses the 'when' of your comment. |
Re: Treasury Bills In Nigeria by chigo4u: 1:30pm On Jun 13, 2019 |
DanXplore:Well let’s wait until Dangote refinery starts functioning but until then, I wouldn’t think it will be possible to ban importation of PMS. It will even shoot up dollar price than reduce it if done now because there would be smuggling. Just remember what happened to rice. It will only increase pump price and dollar price if it’s done. That’s what I think. Also about Dangote refineries being the sole source of pms in Nigeria? Well lol |
Re: Treasury Bills In Nigeria by HeliosHay(m): 1:32pm On Jun 13, 2019 |
DanXplore: On the contrary, I'm not doubting that the refinery will be operational by 2020. What I'm saying is that the government will push policies tailored to help him make back his money..there's also a lot of foreign investors and I dare say (money from wealthy Nigerian politicians) in that refinery project aswell. These people wield a lot of influence and they'll ensure that policies to perhaps ban PMS importation is pushed..or something similar. So its not a matter of IF they'll ban PMS but WHEN 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 1:44pm On Jun 13, 2019 |
chigo4u: Well, I doubt Dangote alone could even satisfy the PMS demand in the south west. Nevertheless, the four refineries combined operating at full capacity with modular structures (may seem unlikely but still a possibilty) will significantly reduce demand for PMS. Note that we considered PMS alone and not other petroleum products. |
Re: Treasury Bills In Nigeria by Nobody: 1:49pm On Jun 13, 2019 |
HeliosHay: The when is next year. I am patiently waiting. 1 Like |
Re: Treasury Bills In Nigeria by Nnamz(m): 2:05pm On Jun 13, 2019 |
ahiboilandgas:Oga I think you missed her point 1 Like |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 2:42pm On Jun 13, 2019 |
deepwater:Chai, you get sense. Come make I wife you. 2 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 2:46pm On Jun 13, 2019 |
ahiboilandgas:Exactly. |
Re: Treasury Bills In Nigeria by NL1960: 2:58pm On Jun 13, 2019 |
OgogoroFreak: Wetin she wan take an ogogoro drinker like you do?. You want person wen go dey carry you comot for gutter after you don drink ogogoro abi?. 7 Likes |
Re: Treasury Bills In Nigeria by Jobac: 3:00pm On Jun 13, 2019 |
Eggheads full here o...I am happy i joined this thread at the right but almost late time. 1 Like |
Re: Treasury Bills In Nigeria by deepwater(f): 4:16pm On Jun 13, 2019 |
ahiboilandgas: yours above is correct, no doubts. However, container dey fall for road, shop dey catch fire, lagos state government is notorious in relocating markets to another location after yuletide season, iyaoloja dey lock shop at will, customs don increase exchange rate the day before yesterday container dey high sea! importer don dey run around to look for more money to clear goods to avoid demurrage, landlord go increase shop let for trinity/berger cement/ijesha were u go offload..... Gentle man walk into STANBIC buy NTB go house, 2 days later him get debit and credit at the same time. Him go sleep dey look una, dey wait for another 364 days. If business sure pass, nobody go go school. FYI, na we carry okrika from magazine enter badagry that year, government vex pack everybody go vespa. na so vespa market start. Before u know, girls begin enter China go bring okrika everybody bone south korea. today everybody na importer for IG. Business na for person wey don chop belleful, no be for struggling people. hence the high rate of start-up failure. U never see gain, u reach house kerosene no dey to cook and u say u no wan touch capital, omo leave that thin. Bottom line, we dont have enabling business environment yet. so avoid huge risk except u have access to huge bank funds.... last last na wetin close diamond bank be that. if the business been pay well, people for return the money 18 Likes |
Re: Treasury Bills In Nigeria by SaintUlot: 4:19pm On Jun 13, 2019 |
TotoNaRubber: At what rate did you buy? |
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