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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4711734 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 Nobody: 2:24pm On Apr 08, 2021 |
EarlyCareer: Sim used to be Konga not Jumia. Jumia was Tunde Kehinde. He was kicked out then started a couple of ventures. He’s now doing Lydia. An SME loan fintech |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:25pm On Apr 08, 2021 |
EarlyCareer: Some will take forever |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:30pm On Apr 08, 2021 |
Check out banks that acquired other banks how many of them are doing great. They are suffering from buyer's remorse, they overpaid for the acquisition. Ecobank has not recovered from the acquisition of Oceanic, Access is one of the least efficient eventhough it is very big after acquiring Intercontinental Bank and Diamond bank 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 2:31pm On Apr 08, 2021 |
EarlyCareer: Na the 90% shock me. Na why i made the post. If you keep 90%, how you dey take survive with 10%?. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 2:33pm On Apr 08, 2021 |
Lazyyouth4u:Even if na naira.No be moi moi to become billionaire for naija.Dont mind some people they are just like the motivational speakers. 6 Likes |
Re: Treasury Bills In Nigeria by skydiver01: 2:39pm On Apr 08, 2021 |
Seconded! Biafran4life: |
Re: Treasury Bills In Nigeria by Nobody: 2:39pm On Apr 08, 2021 |
NL1960: My oga, person wey dey collect 3m or 5m go survive well with 10% na. 300k to 500k dey enough to live well in a month and still get side chick sef Fear those Shell people o 10 Likes |
Re: Treasury Bills In Nigeria by skydiver01: 2:40pm On Apr 08, 2021 |
Lazyyouth4u: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:42pm On Apr 08, 2021 |
NL1960: Do you know the size of the 10%? I know someone who invests 100% of his salary, lives and pays bills from his Investment income . Started from 10% and graduated it to 100% over a period of 20 years 5 Likes |
Re: Treasury Bills In Nigeria by EarlyCareer: 2:42pm On Apr 08, 2021 |
Lazyyouth4u: my bad. True. another fintech... |
Re: Treasury Bills In Nigeria by EarlyCareer: 2:43pm On Apr 08, 2021 |
emmanuelewumi: And close shop eventually... truthfully, many many start ups will die. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:44pm On Apr 08, 2021 |
Biafran4life: No be moi moi to get a networth of $1 million in the US. 3 Likes |
Re: Treasury Bills In Nigeria by NL1960: 2:44pm On Apr 08, 2021 |
Lazyyouth4u: Per month or per annum?. Anyway, the post was made with respect of the guy not yet in the high earning bracket. |
Re: Treasury Bills In Nigeria by NL1960: 2:45pm On Apr 08, 2021 |
emmanuelewumi: I did not consider this. My post was on the assumption that he lives and pays bills from his salary. 1 Like |
Re: Treasury Bills In Nigeria by EarlyCareer: 2:59pm On Apr 08, 2021 |
NL1960: Haha, well, to God be the glory, some jobs pay quite well, and if you live below your means, it is very sufficient. 1 Like |
Re: Treasury Bills In Nigeria by Nezzjnr: 3:10pm On Apr 08, 2021 |
emmanuelewumi:What of all these crypto guys |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 3:16pm On Apr 08, 2021 |
emmanuelewumi: Lol. Not all acquisition is for profit though. Some are strategic acquisitions. Stripe obviously didn't buy Paystack because they wanted to cashout. Stripe is worth $90bn, so Paystack is just like 0.2% of Stripe. It's like someone with 10m can afford to use 20k to invest in something very high risk. Facebook bought WhatsApp for $19bn even though the owners wanted to sell for $16bn. Guess what, WhatsApp has generated zero revenue. So no be everything them they buy for profit. Stripe now has access to African data through Paystack. The payment pattern of all you here is in their database 2 Likes |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 3:20pm On Apr 08, 2021 |
Paystack was the fastest way Stripe could break into Africa. That's why they made the purchase. All that revenue stuff don't apply. Facebook has the data of all of you here, because it would be almost impossible that you guys are not on Facebook, WhatsApp or Instagram. So not all purchases are for the purpose of profit. I think emmanuelewumi you once said Seun bought you people's stock market forum and then shut it down. Shey that one resemble wetin him wan use cashout... 2 Likes |
Re: Treasury Bills In Nigeria by afroxyz: 3:29pm On Apr 08, 2021 |
Tobex4realTobex234: This guy you too like data Well its still for monetary return in the long term. They would sell that data to retail firms and other companies |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 3:35pm On Apr 08, 2021 |
afroxyz: That's an intelligent point though. But it's always not for immediate profits as Oga Emma has pointed out. Microsoft purchased GitHub and then made it free. This na GitHub wey don they generate revenue tey tey. It might be a way for Microsoft to entice devs to develop more on the Windows platform but certainly not for any profit in the next 20 years. |
Re: Treasury Bills In Nigeria by afroxyz: 3:42pm On Apr 08, 2021 |
Tobex4realTobex234: More users on microsoft platform, more revenue. The same way Microsoft made their Microsoft Teams free to crush competition from Slack. But if you look at it in hindisght, by making Teams free, you actually draw more users to Office Suite |
Re: Treasury Bills In Nigeria by Nobody: 3:50pm On Apr 08, 2021 |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 3:59pm On Apr 08, 2021 |
afroxyz: More users translate to more revenue if they are paying ni oo. If na zero naira, it's just more wahala for you ooo. Nothing will make me use Windows ever, even with the new free GitHub. |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 4:00pm On Apr 08, 2021 |
afroxyz: I don't know your industry, but would you leave Slack for Microsoft Teams?? Be truthful oo |
Re: Treasury Bills In Nigeria by EarlyCareer: 4:00pm On Apr 08, 2021 |
Tobex4realTobex234: This is insightful. However, the ultimate goal of any company/organisation is to make money, that is profit. Anything outside that, you are an NGO or such related organisation. The core of capitalism is money making, either to crush competition, to sell to competitors or to beat competitors. The sole aim is money, bro 4 Likes |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 4:12pm On Apr 08, 2021 |
EarlyCareer: I agree boss. Na Accounting 101 be this. Stakeholder satisfaction. But it's not always an immediate focus. Facebook bought WhatsApp almost a decade now, and they have intentionally made zero dollar from it. If they start putting ads in WhatsApp next year, they will be on their way to making money from it. If they don't, they already have WhatsApp in the bag as portfolio. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:13pm On Apr 08, 2021 |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:19pm On Apr 08, 2021 |
Re: Treasury Bills In Nigeria by Nezzjnr: 4:24pm On Apr 08, 2021 |
emmanuelewumi: That is even confusing... A lot have crazy amount of cash in their portfolio. Why is it hard to turn it to real cash 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:30pm On Apr 08, 2021 |
Nezzjnr: A lot is vague. If you say, 5 million people have crazy amount of cash in their portfolio ie $1 million and above. That should be about 1.7% of the US population |
Re: Treasury Bills In Nigeria by Nezzjnr: 4:32pm On Apr 08, 2021 |
emmanuelewumi:Even in Nigeria here I saw a screenshot on Twitter The person's portfolio was about 500 billion in Naira |
Re: Treasury Bills In Nigeria by afroxyz: 4:48pm On Apr 08, 2021 |
Tobex4realTobex234: Honestly, for now no. But what's stopping them from improving? Look at what FB did with Reels when compared to TikTok. Even Slack acknowledged Microsoft as a competitor. |
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