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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4634821 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 ahiboilandgas: 6:23pm On Nov 06, 2018 |
ozymes:imaging all the company owners refusing to set up bussiness ...just dump in treasury bills....the dangote couldn't have exited with such structures 2 Likes |
Re: Treasury Bills In Nigeria by ozymes: 7:36pm On Nov 06, 2018 |
High-wired government backings. Do you have the liver to swim in shark and crocodile infested water? Pseudo-monopoly is what is ongoing! ahiboilandgas: |
Re: Treasury Bills In Nigeria by Happyfellow147: 8:05pm On Nov 06, 2018 |
Please house where is @emmanuelewummi? A highly experienced and intelligent contributor in investment matters. Someone should tell him that I miss his input here |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:24pm On Nov 06, 2018 |
ozymes: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 ? 2 Likes |
Re: Treasury Bills In Nigeria by Grupo(m): 9:17pm On Nov 06, 2018 |
ahiboilandgas: Very funny comment. Hahaha. AT 4% Tbills, inflation would have swallowed the money up today. 1 Like |
Re: Treasury Bills In Nigeria by ozymes: 10:25pm On Nov 06, 2018 |
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. ahiboilandgas: |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:38pm On Nov 06, 2018 |
ozymes:which tax waiver did all those millionaire ibo bussiness guys in Lagos island got? 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:39pm On Nov 06, 2018 |
Grupo:that was the rate 25 years ago 2 Likes |
Re: Treasury Bills In Nigeria by kaze4blues(m): 3:39am On Nov 07, 2018 |
Stanbic insisted I visit there branch for to buy treasury bills. Is there a way to process online? |
Re: Treasury Bills In Nigeria by Grupo(m): 7:34am On Nov 07, 2018 |
kaze4blues: If I were you, I would visit their branch having been asked by the bank to do so. Because if you transmit your money through any online medium and anything happens, the bank won't be liable for any loss. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 9:00am On Nov 07, 2018 |
How secure is this treasury bills? Rate it by percentage. Can someone invest in it for a year and have peace of mind? |
Re: Treasury Bills In Nigeria by dipoolowoo: 9:41am On Nov 07, 2018 |
CBN Conducts 'Emergency' OMO Auction, Keeps Rates Flat https://www.businesspost.ng/2018/11/07/cbn-conducts-emergency-omo-auction-keeps-rates-flat/ |
Re: Treasury Bills In Nigeria by Mfunkynation(m): 9:59am On Nov 07, 2018 |
LadyBeee:hmmmmm, 0%... if you invest in it for a year, you will surely 12 times HBP... please dont try it... Be warn! 4 Likes |
Re: Treasury Bills In Nigeria by aremso(m): 10:06am On Nov 07, 2018 |
Mfunkynation: everyone wants to be like Dangote but they dont want to take the needed risk and the next talk is, Dangote has taken over Nigeria economy they have forgotten that no cross no crown. So anybody who wants to have peace of mind with poverty can go and sleep. |
Re: Treasury Bills In Nigeria by carlebuka: 11:03am On Nov 07, 2018 |
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Re: Treasury Bills In Nigeria by GonFreecss1: 11:30am On Nov 07, 2018 |
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... 8 Likes 1 Share |
Re: Treasury Bills In Nigeria by arena07: 11:44am On Nov 07, 2018 |
GonFreecss1:please elaborate on what u mean by it can be swallowed by inflation? 1 Like |
Re: Treasury Bills In Nigeria by airamuche: 12:01pm On Nov 07, 2018 |
Good After House , Please Who Knows Secondary Rates For Gtbank Today |
Re: Treasury Bills In Nigeria by dmniq(m): 3:09pm On Nov 07, 2018 |
dmniq: |
Re: Treasury Bills In Nigeria by dmniq(m): 3:09pm On Nov 07, 2018 |
dmniq: |
Re: Treasury Bills In Nigeria by dmniq(m): 3:09pm On Nov 07, 2018 |
dmniq: |
Re: Treasury Bills In Nigeria by Nobody: 4:22pm On Nov 07, 2018 |
GonFreecss1: |
Re: Treasury Bills In Nigeria by Nobody: 4:22pm On Nov 07, 2018 |
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: 4 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 6:08pm On Nov 07, 2018 |
arena07: 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. 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 6:22pm On Nov 07, 2018 |
Bravedude112: 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), 1000 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... 7 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Acidosis(m): 8:38pm On Nov 07, 2018 |
GonFreecss1: Do you know Nigeria's current inflation rate? |
Re: Treasury Bills In Nigeria by donshady(m): 11:09pm On Nov 07, 2018 |
Mfunkynation: What are you saying?? 2 Likes |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 11:38pm On Nov 07, 2018 |
Pls who can tell me the current rate of tb |
Re: Treasury Bills In Nigeria by yomi007k(m): 11:49pm On Nov 07, 2018 |
GonFreecss1: Valid points. Diversify into shares and MF right? |
Re: Treasury Bills In Nigeria by dipoolowoo: 12:26am On Nov 08, 2018 |
T-Bills Market Calm Ahead of Thursday’s OMO Sale https://www.businesspost.ng/2018/11/08/t-bills-market-calm-ahead-of-thursdays-omo-sale/ |
Re: Treasury Bills In Nigeria by arena07: 3:13am On Nov 08, 2018 |
GonFreecss1:If the rate is higher that TB interest rate,does it means the person will lose the entire money which is the principal invested in it?because current Nigeria inflation rate has increased from 11.14% to 11.23% this year.I need more clarification Thanks |
Re: Treasury Bills In Nigeria by GonFreecss1: 5:11am On Nov 08, 2018 |
Acidosis: It's over 11% right now. About 11.25% last time I heard. |
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