ozymes:
Yes, viable businesses with high levels of uncertainty

ahiboilandgas:
imaging all the company owners refusing to set up bussiness ...just dump in treasury bills....the dangote couldn't have exited with such structures

ozymes:
High-wired government backings. Do you have the liver to swim in shark and crocodile infested water? Pseudo-monopoly is what is ongoing!

ahiboilandgas:
they didn't wake up to become monopoly it took years....imaging dangote 500 k loan in 1978 if he choose to fix it at 4 percent treasury bills ?

ahiboilandgas:
they didn't wake up to become monopoly it took years....imaging dangote 500 k loan in 1978 if he choose to fix it at 4 percent treasury bills ?

ozymes:
I hear you. This "AGIP" business model has been there way back and will continue to be built upon. Can you get massive tax waivers that will eventually impact positively on your liquidity and bottomline consistently? Nope! you won't get.

Grupo:


Very funny comment. Hahaha. AT 4% Tbills, inflation would have swallowed the money up today.

kaze4blues:
Stanbic insisted I visit there branch for to buy treasury bills.

Is there a way to process online?

LadyBeee:
How secure is this treasury bills? Rate it by percentage. Can someone invest in it for a year and have peace of mind?

Mfunkynation:

hmmmmm, 0%...
if you invest in it for a year, you will surely 12 times HBP...
please dont try it... Be warn!

GonFreecss1:
People have a wrong misconception about what Treasury Bills are. Yes they are low risk and have low returns and can be swallowed by inflation etc, blah blah blah... but then again, I feel it's something you can leave your money in while you figure out what business to put your money in. You just don't think of a business and start it that day, it takes planning.

A friend of mine who had 10 million naira last 2 years asked me what he should invest in... I told him Treasury Bills, he laughed at the rate. Said he would find a better business... he is still looking for a good business till today and that money is now less than 5 million naira. Lol.

By my calculations we all know how much he would have had now with roll over advantages in Tbills.

Nuff said, it's not like Tbills will make you rich, but then again...

dmniq:
ANYONE WITH A TELEGRAM GROUP ON TREASURY BILLS/MM/BONDS/STOCKS?

I WILL LIKE TO JOIN. Thanks

dmniq:
ANYONE WITH A TELEGRAM GROUP ON TREASURY BILLS/MM/BONDS/STOCKS?

I WILL LIKE TO JOIN. Tnx

dmniq:
Who else got 12.5% for 182days on UBA,... did they bid dt low in the primary market or just issued wat dey like from their Secondary purse?

GonFreecss1:
People have a wrong misconception about what Treasury Bills are. Yes they are low risk and have low returns and can be swallowed by inflation etc, blah blah blah... but then again, I feel it's something you can leave your money in while you figure out what business to put your money in. You just don't think of a business and start it that day, it takes planning.

A friend of mine who had 10 million naira last 2 years asked me what he should invest in... I told him Treasury Bills, he laughed at the rate. Said he would find a better business... he is still looking for a good business till today and that money is now less than 5 million naira. Lol.

By my calculations we all know how much he would have had now with roll over advantages in Tbills.

Nuff said, it's not like Tbills will make you rich, but then again...

GonFreecss1:
People have a wrong misconception about what Treasury Bills are. Yes they are low risk and have low returns and can be swallowed by inflation etc, blah blah blah... but then again, I feel it's something you can leave your money in while you figure out what business to put your money in. You just don't think of a business and start it that day, it takes planning.

A friend of mine who had 10 million naira last 2 years asked me what he should invest in... I told him Treasury Bills, he laughed at the rate. Said he would find a better business... he is still looking for a good business till today and that money is now less than 5 million naira. Lol.

By my calculations we all know how much he would have had now with roll over advantages in Tbills.

Nuff said, it's not like Tbills will make you rich, but then again...

arena07:
please elaborate on what u mean by it can be swallowed by inflation?

Bravedude112:
Nice write up man,but i disagree on the last line. Tbills can make you rich,it all depends on how much you invested!

GonFreecss1:


If the rate of inflation is greater than the interest paid on Tbills, you are loosing money. Though you are still better off than people who don't invest their money at all.

Mfunkynation:

hmmmmm, 0%...
if you invest in it for a year, you will surely 12 times HBP...
please dont try it... Be warn!

GonFreecss1:


Perspective my man.

Being rich is relative. This is something Nigerians as a whole have to understand.

Remember the country you are in, we mostly depend on imported goods hence our goods and services are sold in dollars. It's a fair estimation to agree that in the future (Let's say 10 years), naira could make a dollar. If you agree with this analysis, then all you have to do is divide the current naira rate by the estimated one in 10 years and figure out the % increase. Do an average for Tbills being compounded from now till 10 years time, ask yourself do you think this Tbills compounding will beat the drop in naira over this period? Do you think the naira will get stronger relative to the dollar?

I can imagine the look on the faces of those compounding Tbills for a while when Naira dropped from 160 naira to a dollar to 500 naira to a dollar, almost made all their gains insignificant. Yes, it corrected back to 362... but know what happened to their buying power? It was destroyed.

Like I said in the beginning, being rich is relative. Of course people who did Tbills were far better off than people who don't invest in anything at all (many Nigerians), but they too were affected and their wealth affected too. Wealth is all about buying power, there is a favorite saying, if you can't buy something 5 times you can't afford it. So that means someone who had a million before could buy a laptop worth 200K 5 times. He can afford it, but the moment that laptop increases by just 10% (220k), he can't afford it again.

That's why I advise people to diversify. Tbills is good but it's not enough. Especially in the type of country we are in...

GonFreecss1:


If the rate of inflation is greater than the interest paid on Tbills, you are loosing money. Though you are still better off than people who don't invest their money at all.

Acidosis:


Do you know Nigeria's current inflation rate?