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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4681214 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 HeliosHay(m): 7:25pm On Jun 19, 2019 |
deepwater: They probably mean value erosion by inflation. Saving in Naira doesn't really help. 1 Like |
Re: Treasury Bills In Nigeria by deepwater(f): 7:31pm On Jun 19, 2019 |
HeliosHay: is it cast on stones that the Naira shall never appreciate? cuz everyone talks about depreciation only 6 Likes |
Re: Treasury Bills In Nigeria by HeliosHay(m): 7:36pm On Jun 19, 2019 |
deepwater: It probably will but not under Buhari's command lol My bet is it'll happen under a president that understands business and the need to create an enabling environment for business and the economy to thrive without too much govt interference. The guy does as he pleases so it's no surprise investors don't trust him. 4 Likes |
Re: Treasury Bills In Nigeria by hello66: 7:57pm On Jun 19, 2019 |
. very soon all other FG agencies go spike the USD exchange rate....if u get USD then, u go sell market [/quote] U mean raw dollar cash? |
Re: Treasury Bills In Nigeria by deepwater(f): 7:59pm On Jun 19, 2019 |
HeliosHay: 2 Likes
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Re: Treasury Bills In Nigeria by deepwater(f): 8:00pm On Jun 19, 2019 |
hello66: hell yeah |
Re: Treasury Bills In Nigeria by HeliosHay(m): 8:17pm On Jun 19, 2019 |
[quote author=deepwater post=79489419][/quote] Value erosion by inflation simply means that your money has less purchasing power. For e.g., If you bought a laptop for N50,000 in 2015, you won't be able to buy that same laptop for N50,000 today due to inflation causing the price of the laptop to increase. Inflation in Nigeria is currently around 11% Investing in TB (and earn 12%) allows your money to barely keep up with inflation. Your money won't keep up with inflation when you invest in fixed deposit (savings) |
Re: Treasury Bills In Nigeria by Jobac: 8:18pm On Jun 19, 2019 |
HeliosHay:Please and please let's try not to bring Buhari's matter here, I am averse to anything anti-Buhari and Osinbajo. Please be guided before we all take our hands to ruin this thread. The useless PDP brought us to where we are today; we give glory to God for giving us Buhari and Osinbajo. I dey carry Buhari and Osinbajo's matter for head o. |
Re: Treasury Bills In Nigeria by HeliosHay(m): 8:23pm On Jun 19, 2019 |
Jobac: Lol, when it comes to fighting corruption I give it to him..he's done ok. But managing the economy is not his strong suit. It's not a coincidence the economy struggled under him in 1983/85 and now 5 Likes |
Re: Treasury Bills In Nigeria by niyoni: 8:25pm On Jun 19, 2019 |
Georgisuria:@Georgisuria, please what is the name of this business plan/package at Baobab MFB? Is it open to the general public or a select few? What are the terms and conditions? |
Re: Treasury Bills In Nigeria by murphyrichy(m): 8:26pm On Jun 19, 2019 |
feelamong:mehn, This is too poor ooo 2 Likes |
Re: Treasury Bills In Nigeria by Grupo(m): 8:26pm On Jun 19, 2019 |
HeliosHay: Fight which corruption? 9 Likes 1 Share |
Re: Treasury Bills In Nigeria by HeliosHay(m): 8:29pm On Jun 19, 2019 |
Grupo: Saw that coming...ok let's just say he's done more than Goodluck Jonathan when it comes to fighting corruption. I just feel like it was more rampant under Jonathan and he (unlike Buhari) was scared to bring people to account 1 Like |
Re: Treasury Bills In Nigeria by Jobac: 8:33pm On Jun 19, 2019 |
HeliosHay:You have maturely responded to my comment, I so much appreciate you, sir/ma. I am sorry if you don't like the tone of my message. |
Re: Treasury Bills In Nigeria by Jobac: 8:37pm On Jun 19, 2019 |
Grupo:You see, PDP members have come here now to destroy the good work of the good people here. PDP are locusts, they brought Nigeria to its knees when they held sway. God has given us the combination of Buhari and Osinbajo to rescue our economy. Either Una like it or not, Nigeria will be great. PDP = Corruption. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by deepwater(f): 8:41pm On Jun 19, 2019 |
HeliosHay: Bro this is text book In reality, things are designed to fade with time I bet 2015 laptop wont worth that sum in 2019 Just look around you and study how those things you spend money on fade with time. Your 2015 50k might not get you a laptop in 2019 but still, 2019 laptop is surely a higher spec. Now I ask, was this due to inflation or more value added to the laptop by the manufacturer's in terms of design and capacity? Dont forget not everyone had 50k in 2015, but now they have and can still get laptops better than 2015 specs. I bought my Siemens C35i for 93,000 in 2003, with that sum I will buy a better phone even at half the price. I am not saying inflation doesn't exist but not as typical as it is been portrayed. Otherwise, we would be operating on 100% inflation if the statistics are correct since 2005 9 Likes 1 Share |
Re: Treasury Bills In Nigeria by HeliosHay(m): 8:48pm On Jun 19, 2019 |
deepwater: I agree some things fade with time but inflation accelerates the rate at which this happens. For e.g. my fufu and egusi soup. I could eat that in a mama put for N120 a few years back..now they charge N300. It's the same fufu and egusi soup o..no added value lol A lot of things are getting more expensive..at least in Lagos 12 Likes |
Re: Treasury Bills In Nigeria by Grupo(m): 8:48pm On Jun 19, 2019 |
HeliosHay: Stop listening to noise! 4 Likes |
Re: Treasury Bills In Nigeria by TotoNaRubber: 9:01pm On Jun 19, 2019 |
Wow you know a place we can eat with less than N500 per person? I am going to buy you lunch to know this place. The last place i ate billed me N3750 for two people inside shoprite, they even inflated the bill to N4800 thinking i wouldn't notice. The stupidd worwor girl wey i carry that day kept saying i was worried about paying the additional N1050. I told her look if you ignore such these people will be making easy money for nothing. Some gals sha no get observatory mind. I have HeliosHay: |
Re: Treasury Bills In Nigeria by deepwater(f): 9:05pm On Jun 19, 2019 |
HeliosHay: I like your examples But check well, the quality of meat and fish in that egusi soup was not the same 3 years ago. People still eat same fufu and egusi for less than 100 naira today In next three years you shall eat in a more better place |
Re: Treasury Bills In Nigeria by HeliosHay(m): 9:10pm On Jun 19, 2019 |
deepwater: Fufu and egusi for N100 in 2019? Say wetin happen na..Nawa for you o lol 4 Likes |
Re: Treasury Bills In Nigeria by HeliosHay(m): 9:14pm On Jun 19, 2019 |
TotoNaRubber: Damn! Sorry bro. They sure fleeced you lol. But Shoprite is high end so no surprises there It's N300 in Okota Lagos...I usually go there when I visit |
Re: Treasury Bills In Nigeria by SaintUlot: 10:44pm On Jun 19, 2019 |
Jobac: Roflmao |
Re: Treasury Bills In Nigeria by SaintUlot: 11:11pm On Jun 19, 2019 |
Georgisuria: I am sure your MD won't be proud of you with this misinformation you are giving here, if your Mfb is giving out loan @ 4.1% per month, how ll they pay 12.5% per month? Go and study your Banks product very well, 12.5 is per annum and not per month as you have claimed. I feel like saying you ain't a good ambassador of Baobab mfb. 15 Likes |
Re: Treasury Bills In Nigeria by MizMyColi(f): 12:29am On Jun 20, 2019 |
HeliosHay: Is it from that restaurant opposite Grandmates? 1 Like |
Re: Treasury Bills In Nigeria by dipoolowoo: 1:09am On Jun 20, 2019 |
CBN Slightly Cuts Stop Rates of Treasury Bills at PMA https://businesspost.ng/2019/06/20/cbn-slightly-cuts-stop-rates-of-treasury-bills-at-pma/ |
Re: Treasury Bills In Nigeria by Nobody: 3:18am On Jun 20, 2019 |
Lol...and some is allowed to carry money in bullion van Grupo: 5 Likes |
Re: Treasury Bills In Nigeria by proflomo(m): 4:57am On Jun 20, 2019 |
deepwater: deepwater: Seriously, you don't understand what you are saying at all. 1 Like |
Re: Treasury Bills In Nigeria by proflomo(m): 5:17am On Jun 20, 2019 |
What the present government is doing to the nation's economy will soon yield fruits openly. Economically speaking, everyone of us - both supporters and opponents, will soon realise that this is one of the worst governments we ever had in the history of Nigeria. The reason is simple. It keeps borrowing both locally and internationally without any tangible, economy--promoting infrastructural development to show for it. Everyone of us keeps buying the various TBs and bonds it keeps dishing out. By the time the reality dawn on us all, we will all ...... But I pity most the poor ones, youth and children. 1 Like |
Re: Treasury Bills In Nigeria by Jejebabaa: 5:58am On Jun 20, 2019 |
skyangel: I do SIMM funds too but i am yet to withdraw, i thought withdrawal is 3 business days before your account get creditted and between how do you withdraw is it using the app or you have to send mail. Apologies for digressing from the thread pls. |
Re: Treasury Bills In Nigeria by Jejebabaa: 7:08am On Jun 20, 2019 |
NL1960: No be only Nigeria boss. It happens everywhere in the world. Once people see a thriving business, everyone start to invest in it and as you start getting competitors, the profit margins reduces. This is the more reason big corporations do have intellectual property and also patent them. This help them to recoup their invested capital and also profit before competitors start coming into it. 8 Likes |
Re: Treasury Bills In Nigeria by Jejebabaa: 7:50am On Jun 20, 2019 |
The issue of Naira gaiuning value when Dangote refinery comes into mainstream is like betting your investment on hope/ living in fantasy to me. As long as our economy/country depends on a volatile oil commodities to run the economy, Naira has no place to go other than down on the long ru. Nigeria still remains an emerging market and so its exposed to currency fluctuations and volatility. If the powerful Canadian dollars can lose more than 30% of its value against US dollars from 2012 till date. What is Naira to gain value in the long run, mind you Canada has refineries and yet the currency depreciates against USD. Lets be realistic and think outside the box to maximize our investment returns than building it on hope of the govt/Dangote. To be sincere with you, i am really praying for Naira to gain value because i have almost 100% Naira investment presently but prayer/hope is never an investment strategy. We all have to do the risk reward and cost benefit analysis on either to hold dollar or Naira or even both to minimize risk. God bless our hustle. 9 Likes |
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