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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4688994 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 GonFreecss1: 12:32pm On May 24, 2019 |
amjustme2: What you just said gave me chills. I am so happy you witnessed when he started and you are here to tell us about it. You are blessed man, best motivation I have ever gotten so far. Thank you very much. 7 Likes 1 Share |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:51pm On May 24, 2019 |
Sholapey:what ur mail I will send u don't like giving out mine. 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:59pm On May 24, 2019 |
Sholapey:customers are luck, you should have you target market ....Lagos island near cbn, wapa kano,then wuse abuja ......but Lagos is best cos na lace trader go they buy travelling dollars,then airport too not bad....but just 1 Chinese man demand can change ur destiny ....abuja politician always buy but I don't like them ...i prefer bussiness people it more sustainable 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 1:00pm On May 24, 2019 |
ahiboilandgas:Same here! |
Re: Treasury Bills In Nigeria by Nobody: 2:25pm On May 24, 2019 |
ahiboilandgas:Thanks |
Re: Treasury Bills In Nigeria by saipn: 2:27pm On May 24, 2019 |
When is the next primary market bidding for ntb? |
Re: Treasury Bills In Nigeria by ify2016: 2:35pm On May 24, 2019 |
saipn:Next week |
Re: Treasury Bills In Nigeria by Nobody: 3:31pm On May 24, 2019 |
tritritri: |
Re: Treasury Bills In Nigeria by DaBogu: 3:59pm On May 24, 2019 |
good question chigo4u: |
Re: Treasury Bills In Nigeria by DaBogu: 4:03pm On May 24, 2019 |
I had like to learn from you. I was at a business meeting and I must tell you, people are making it in Nigeria ahiboilandgas: 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:38pm On May 24, 2019 |
eddyakinrinde: paddy mi, I announced my self suspension here few months ago, needed to gather funds for a befitting car for my wife. on my target, am playing it down so someone don't smell lies here but still feel 5m is still motivating to serious investors. am still using my 10m template and surpassing targets. As I type, I don't own a phone because its not on budget and am not investing, its called self financial discipline. Will buy a phone when I resume investment. 8 Likes |
Re: Treasury Bills In Nigeria by temi4fash(m): 4:45pm On May 24, 2019 |
Many thansk for the information i have gotten from this place. Its been a life saver for me. For young people who have able to save up to 500k, How do we make maximum returns from it. We have not gotten to this the Million level, We would get there with time, But can anyone help with info that would help us get max ROI. Thanks in advance 7 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:56pm On May 24, 2019 |
temi4fash: only way to max out profit is by compounding; reinvesting profits of more than 100k. if the source of the 500k is recurring then you can draw a plan stick to it. There is nothing new under the sun so it will definitely replay or you recreate it when you arrive but I doubt if you will want it then. 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by Digitron: 4:58pm On May 24, 2019 |
I am finishing NYSC next month and I have saved 200k from the scheme. please what is the best way to invest it in other maximum return on investment. Thanks |
Re: Treasury Bills In Nigeria by Pascopele: 5:03pm On May 24, 2019 |
You plan. You decide. You plant. It germinates. You nurture. It grows. You nurture. It matures. You harvest. You repeat. Stop eyeing other people’s farms at their harvest time. Did you eye them at their hustle time? Businesses and careers have processes. Start following yours. 14 Likes 1 Share |
Re: Treasury Bills In Nigeria by igbizen(m): 5:42pm On May 24, 2019 |
Am learning everyday. How I wish I got these information since 2010. Would have been in hundreds of millions by now. A lot of wasted years. Thank God all the same starting this year is my next best time. Following my plans religiously. 11 Likes |
Re: Treasury Bills In Nigeria by RealityShot: 6:13pm On May 24, 2019 |
ahiboilandgas:i think CBN should ask banks to increase the interest on savings accounts to 90% of current treasury bills rate at any given time. that will encourage saving culture and banks can then confidently invest in LOANS/LENDING to business ventures. 4 Likes |
Re: Treasury Bills In Nigeria by lastmessenger: 9:15pm On May 24, 2019 |
TotoNaRubber:You are a joker. Do you know what 50million per month mean ? At the flip of a finger you can find yourself in the best hospital in the world and you will get the best treatment and come back to Nigeria to continue with your life. 9 Likes |
Re: Treasury Bills In Nigeria by phunix: 9:30pm On May 24, 2019 |
Good day great fellas! Could someone please calculate this for me: 1.2m at 9.5% for 91 days tenor. Discount rollover (added to the 1.2m) for reinvestment as principal. Thanks guys. |
Re: Treasury Bills In Nigeria by Nobody: 10:16pm On May 24, 2019 |
ahiboilandgas: |
Re: Treasury Bills In Nigeria by RealityShot: 10:19pm On May 24, 2019 |
phunix:N28, 400 interest cannot be rolled over automatically |
Re: Treasury Bills In Nigeria by temi4fash(m): 6:47am On May 25, 2019 |
Barrytone: The source of the 500k is savings. Can you please explain better? Thanks for your input though. I appreciate 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 7:33am On May 25, 2019 |
temi4fash: please sir, what do u want me to explain further? whatever generated the savings, is it a regular occurrence, if so, set a limit and save a compulsory amount to grow your capital. When I was in the streets, I made it compulsory to save 50% of my income and groove 20%, 30% for AOB. that 50% built me a house in few years after a failed electoral ambition. Till date I appreciate that building than any other one I have owned because it came from real street sweat. imagine I knew about tbills back then in 2006, I would be retiring now. 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by Tripleaj(m): 7:46am On May 25, 2019 |
Good morning sir. Have read your post right from page 779, sir I will say am impressed and motivated to plan more for the future. Sir, I will want to know more about the bdc. Please here is my email (tripleaj2002@yahoo.co.uk) Thank you sir. ahiboilandgas: |
Re: Treasury Bills In Nigeria by phunix: 9:08am On May 25, 2019 |
RealityShot:I did authorise for the discounted rate to be rolled over. Please gurus in the house, what tenor is better to invest in? After the present tenor matures in August I'd like to continue but I need candid and professional advice on the best tenor to delve in. Thanks already fellas. |
Re: Treasury Bills In Nigeria by Sapeleboy911(m): 9:41am On May 25, 2019 |
Barrytone:Like seriously, a great formulae to acquire wealth you've given up there. I've been on my current job for 5 years now. If I have saved 50 percent of my salary even without investing it anywhere it would be around 6-7 million naira by now. That is without investing it oh. Imagine if I invested it for just 10 percent interest rate annually? Worst of all I don't have even 100k in my account now. Can you imagine the irony? Lots of informative and wealth creating ideas being shared here for free. @ feelamong thanks for creating such a wonderful thread it has been an inspirational and, an eye opening thread so far. 17 Likes 1 Share |
Re: Treasury Bills In Nigeria by Grupo(m): 9:43am On May 25, 2019 |
Sapeleboy911: So, what have you been doing with your money all along? Women and buzz? And showing people that you've arrived? Lol 5 Likes |
Re: Treasury Bills In Nigeria by Sapeleboy911(m): 9:53am On May 25, 2019 |
My broda ask me again. On a serious note I I made some very bad investments. I invested almost a million naira in plantain farming and I left it in the care of a total novice, same with catfish farming. I learnt my lesson the hard way. |
Re: Treasury Bills In Nigeria by Grupo(m): 10:01am On May 25, 2019 |
Sapeleboy911: Oops! Sorry about that. Number one business rule in Nigeria: don't start a business you won't be there to manage. No one can manage your business like you. 18 Likes 1 Share |
Re: Treasury Bills In Nigeria by lastmessenger: 10:10am On May 25, 2019 |
Sapeleboy911:The most important thing is that you did something. Stand up dust yourself and try again. 18 Likes 1 Share |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:13am On May 25, 2019 |
HOME JUST IN NEWS 2019 ELECTIONS POLITICS METRO PLUS SPORTS BUSINESS ENTERTAINMENT COLUMNIST OPINION SEX & SEXUALITY EDITORIAL SPECIAL FEATURES ADVERTISE 3' BUSINESS CBN licenses 366 new BDC operators Published September 11, 2018 Nike Popoola The Central Bank of Nigeria issued new operational licences to 366 Bureau De Change operators between January 2018 and May 31, 2018, a new report by the apex bank indicated. The report on the ‘Functions, operational guidelines and compliance for BDC operations in Nigeria’ was prepared by the Other Financial Institutions Supervision Department of the CBN. With the newly licensed operators, it said the number of registered BDCs had thus risen from 3,740 to 4,106. The report, obtained on Monday by our correspondent, read in part, “Total number of licensed BDCs as of 31st May, 2018 stood at 4,106. It was 3,740 as of 31st December, 2017, signifying an increase of 366.” According to the report, Lagos has the highest number of the BDCs with 2,123, followed by Kano, Abuja and Anambra states with 806, 745 and 171, respectively. Only 261 BDCs were registered in the remaining states, according to the report. The CBN noted that several unlicensed BDCs were still operating illegally on the black market. As part of its regulatory duties, it said that it would continue to ensure effective supervision and apply sanctions on BDCs that contravened the laws. It stated that the BDC subsector remained a critical segment of the foreign exchange market which had served as a veritable tool for contemporary exchange rate management in Nigeria. The report stated, “The CBN will continue to play its statutory and interventionist role to promote the orderly growth, development and sustainability of the sector, through effective supervision and robust enforcement of compliance with applicable extant laws and regulations. “In line with its zero-tolerance policy, the CBN will continue to impose appropriate sanctions against regulatory breaches including the revocation of licences of errant BDCs.” It stated that there was a need for the Association of Bureaux de Change Operators of Nigeria to check the illegal activities of street traders. The CBN urged ABCON to ensure more effective self regulation, develop and implement a code of conduct for members to promote ethical practices and transparency in the industry. The CBN also stated that there was a need for regular engagement between the CBN and ABCON to discuss and address issues/challenges affecting the sector. According to the regulator, there is a need for more intelligence-led and risk-based supervision of the BDCs. Copyright PUNCH. All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH. Contact: DOWNLOAD THE PUNCH NEWS APP NOW ON Receive Alerts on: Whatsapp: +2349090060943, Twitter: @MobilePunch, BBM: C003D3DC0 Share your story with us: SMS: +2349090060943, Whatsapp: +2349090060943, Email: FOREX, BITCOIN AND BINARY ACCOUNTS MANAGER:We guaranteed 37% weekly profit by professionally trading your Forex, Cryptocurrency and Binary accounts for you. WhatsApp:+2348030797998.click here for details. www.standardfx.org BDC cbn View gallery (6) NEXT ARTICLE |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:15am On May 25, 2019 |
Based on several enquires that a punch article on the number of new bdc 366 |
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