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Treasury Bills In Nigeria - Investment (921) - Nairaland

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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 IamR: 1:19pm On Nov 01, 2019
ahiboilandgas:
Nb am among top 10 percent in Nigeria ,I have gross 120m this year , I can place bid with my own rate quotes ...my contribution to tax in Nigeria exceeds 10 m annually ,I also have 23 staff earning above minimum wage...so we are hating on criminals and the sympathizes

Some of us are very pleased with your valuable contributions to this thread. Don't let anyone get to your nerves. Kindly Press Ignore Button, please!

11 Likes

Re: Treasury Bills In Nigeria by OgogoroFreak(m): 1:23pm On Nov 01, 2019
ahiboilandgas:
This what should be on Instagram for the youths to learn not huspupi ...this owned by a Nigerian with no university education....if I meet innosa and he display a watch of 60m I can relate where the money is from
Things don't put themselves on Instagram - people put them there.

Bro, Same youths post and repost hushpuppi on same Instagram and even blog about him. That's the irony of life.

Things that occupy social media are things majority of social media users (mostly youths) are interested in.
Re: Treasury Bills In Nigeria by ibechris(m): 1:26pm On Nov 01, 2019
PearlStreet:
[s][/s]
You don't know who you are talking to.

You can support all thieves if that is your destiny, no problem. But if you think you can come here and be insulting others cos they don't agree with your criminality, you are very wrong. The fact that that guy won't insult you doesn't mean I would hold back.

This is investments section, not crime section. You can go to the crime section if you need news of thieves to support.





In this age and time people are still talking good of criminals...it shows how bad parenting has become. A thief is a thief,whether thru the internet or pilfering.
And for all those who have stolen from whites and caused us bad tags, may their generation suffer what Nigerians are suffering. It simply will never be well with them. What they sow,shall they reap.

11 Likes 1 Share

Re: Treasury Bills In Nigeria by Just2endowed2(m): 1:26pm On Nov 01, 2019
ahiboilandgas:
Nb am among top 10 percent in Nigeria ,I have gross 120m this year , I can place bid with my own rate quotes ...my contribution to tax in Nigeria exceeds 10 m annually ,I also have 23 staff earning above minimum wage...so we are hating on criminals and the sympathizes ..so clown am not you average nigga...this my monthly bill to a multinational...i supply 60 percent of the jet fuel used by the president air fleets ....

bros i am a real hustler, let me join ur race?
Re: Treasury Bills In Nigeria by aremso(m): 1:36pm On Nov 01, 2019
ibechris:






In this age and time people are still talking good of criminals...it shows how bad parenting has become. A thief is a thief,whether thru the internet or pilfering.
And for all those who have stolen from whites and caused us bad tags, may their generation suffer what Nigerians are suffering. It simply will never be well with them. What they sow,shall they reap.

Amen and amen, their generations will not prosper and they will never know peace. Calamity will always befall them

3 Likes

Re: Treasury Bills In Nigeria by contumely2: 1:39pm On Nov 01, 2019
Nnamz:

That Instagram clown has more money that you would or could ever make in your life time (your past, current and future earnings combined together). My advice to you is, don't hate on rich people. As I always tell people, do you want to be rich someday? If your answer is yes, then why hate rich people if you're going to be one some day?

Nnamz:

Bros are you still on the hushpuppi matter? I thought we had closed that case. Why are you so pained at another man's wealth? You have no prove how he got his wealth, whether illegitimate or otherwise. Have you thought about it for a second that maybe the reason he is keeping the source of his wealth a secret is so that more people can keep wondering, thereby driving more social media attention to him as we live in a digital age where social media popularity is gold? My advice to you is to get rid of this your poverty driven mentality of the poor hating the rich, so that you can make your own millions and choose to display it or not on Instagram.


I cringe at your replies to ahiboilandgas's posts.

Every person of discerning mind should be worried about the likes of Mompha, B naira etc.

Kidnapper Evans collected 150m dollars ransom from a victim. He lived in a mansion at Magodo valued at 120m. To you, we should make our own money and not bother about him. That's asinine and imbecilic.

It's obvious these guys are into shady illegal deals. And you are indirectly and covertly egging them on.


Psychologically, it could be assumed you are into crime too or have the tendency or high propensity to go into fraud in future.


All your responses-- not just the ones quoted above-- suggest that you view money as money irrespective of how it's made.


So Ahiboilandgas's displeasure at such fraudulent guys is a reproach to you; it makes you uncomfortable.

Having been following this thread even before Ahib joined, it remains to be added that Ahib is streets ahead of you, both in finance and economics.

And he remains arguably, the best contributor to this thread in the past few years!

Stick to your crime and fraud till you have a tough row to hoe!

Gosh!

32 Likes

Re: Treasury Bills In Nigeria by contumely2: 1:39pm On Nov 01, 2019
nawao
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:41pm On Nov 01, 2019
And this , insurance pay about 80 percent sha most time it take around 3 months but Nscia insurance have been wonderful
Re: Treasury Bills In Nigeria by Infinitisi(m): 1:46pm On Nov 01, 2019
ahiboilandgas:
this our new station with other investors (crowd funding )

Is this in Abuja?
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:47pm On Nov 01, 2019
Funny enough that labanese guy arrested with Mompha was my mechanic he came to Nigeria in 2004 and even English na wahala ,he was working in car spraying section ,I suspect it was a smoke screen to learn the wire /wire trade ..suddenly they became very rich moved to lekki ..they told everbody they are into currency exchange (now we know better )

5 Likes

Re: Treasury Bills In Nigeria by Nobody: 2:05pm On Nov 01, 2019
ahiboilandgas:
Nb am among top 10 percent in Nigeria ,I have gross 120m this year , I can place bid with my own rate quotes ...my contribution to tax in Nigeria exceeds 10 m annually ,I also have 23 staff earning above minimum wage...so we are hating on criminals and the sympathizes ..so clown am not you average nigga...this my monthly bill to a multinational...i supply 60 percent of the jet fuel used by the president air fleets ....

Sir, with all due respect, can you talk about investments that can make someone rich. I know u wouldn't win this argument, it's a culture to scam in Nigeria. Crucify, but don't forget to provide solution. Youths of this country still need a favourable environment to thrive. When you separate favourable ground from a country, this is what you will get: scammers, arm robbers, thugs, ritualist, etc. The frustration in the country is overwhelming, and it needs to be addressed. No body is a saint as far this country is concerned. If you want to tackle all these criminal acts, you have to start from the root cause. The problem is not from the youths, but a failed system.

5 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 2:05pm On Nov 01, 2019
With the way things are now,investor should have a mix of assets (fixed income ) if u know u want to be doing tb for next 5 years , just invest in bonds,then used the coupon payments to buy tb by annually....if u take the weighted rate average over the 5 years u will be within your targets of 13 percent across 5 years...we can also explore other smaller investments to support our growths...money must work

13 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 2:11pm On Nov 01, 2019
nofundforme:


Sir, with all due respect, can you talk about investments that can make someone rich. I know u wouldn't win this argument, it's a culture to scam in Nigeria. Crucify, but don't forget to provide solution. Youths of this country still need a favourable environment to thrive. When you separate favourable ground from a country, this is what you will get: scammers, arm robbers, thugs, ritualist, etc. The frustration in the country is overwhelming, and it needs to be addressed. No body is a saint as far this country is concerned. If you want to tackle all these criminal acts, you have to start from the root cause. The problem is not from the youths, but a failed system.
I really don't know ..become wealthy u choose an industry or sector and ply your trade their Example must bdc operator became wealthy from 2006 to date , clearing agent also ,oil and gas , entertainment,talents ,politics etc but I have seen several wealthy people there an element of hard work, right industry and luck (God favour )...they are not extraordinary humans

5 Likes

Re: Treasury Bills In Nigeria by PearlStreet(m): 2:25pm On Nov 01, 2019
ahiboilandgas:
Nb am among top 10 percent in Nigeria...

No need to stress yourself. I would handle that animal.

2 Likes

Re: Treasury Bills In Nigeria by igbizen(m): 2:27pm On Nov 01, 2019
I hope the quarrel is over. Ok let’s talk about investments. Now that Banks are prorating ppls investments, the next plan is to invest in bonds. So which bonds is onboard?

6 Likes

Re: Treasury Bills In Nigeria by IamR: 2:33pm On Nov 01, 2019
igbizen:
I hope the quarrel is over. Ok let’s talk about investments. Now that Banks are prorating ppls investments, the next plan is to invest in bonds. So w[b]hich bonds is onboard?[/b]
This question is begging for answer, please.

1 Like

Re: Treasury Bills In Nigeria by Jejebabaa: 2:35pm On Nov 01, 2019
nofundforme:


Sir, with all due respect, can you talk about investments that can make someone rich. I know u wouldn't win this argument, it's a culture to scam in Nigeria. Crucify, but don't forget to provide solution. Youths of this country still need a favourable environment to thrive. When you separate favourable ground from a country, this is what you will get: scammers, arm robbers, thugs, ritualist, etc. The frustration in the country is overwhelming, and it needs to be addressed. No body is a saint as far this country is concerned. If you want to tackle all these criminal acts, you have to start from the root cause. The problem is not from the youths, but a failed system.

Sir, lets stop giving excuses to those who indulge in crime/fraud, its all about human greed and not the Nigerian factor. The biggest scam in history was perpetrated by an American, Bernie Madoff who scammed Americans to the tune of over 35 billion dollars. Can we blame such crime on American system too, was America not a favorable environment to thrive. The majority of the Nigerian guys in FBI 77 list live in USA with some of them having American passport, why do they still go into crime despite living in a country where they can thrive. This is to tell you that, criminals has nothing to do with nationality, race, gender and colour. Its all about poor parenting, human greed and lack of human values.

26 Likes 1 Share

Re: Treasury Bills In Nigeria by ahiboilandgas: 2:40pm On Nov 01, 2019
Me and my guys ( same bussiness of logistic) plan to build the station 4 years ago we 10 of us agreed to be contributing 4 m annually for 5 years ( crowding funding ) other contributing more ,other less this is reflected in the share structure and ownership ..now it came to reality.non of us could ordinary dare it built it alone ....me was using my interest for bond and tb to contribute...it made me under why the white man created the capital markets ,he understand clearly in capitalism,capital is the most import item to materialise an idea ....so firm can raise money via capital market...like wise crowd funding can also help establish a bussiness....the place restaurant lekki also have similar kind of capital structure

14 Likes

Re: Treasury Bills In Nigeria by NL1960: 2:47pm On Nov 01, 2019
ahiboilandgas:
Me and my guys ( same bussiness of logistic) plan to build the station 4 years ago we 10 of us agreed to be contributing 4 m annually for 5 years ( crowding funding ) other contributing more ,other less this is reflected in the share structure and ownership ..now it came to reality.non of us could ordinary dare it built it alone ....me was using my interest for bond and tb to contribute...it made me under why the white man created the capital markets ,he understand clearly in capitalism,capital is the most import item to materialise an idea ....so firm can raise money via capital market...like wise crowd funding can also help establish a bussiness....the place restaurant lekki also have similar kind of capital structure

Nice one but with the falling margins in PMS, what plans do you guys have to break even in the shortest possible time?.

5 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 2:59pm On Nov 01, 2019
NL1960:


Nice one but with the falling margins in PMS, what plans do you guys have to break even in the shortest possible time?.
we will be selling at 143 , we will buy at 133.5 .petrolium equilazation fund pays the transport rate...example if we sell 60000 litres per day (pef ) pays 60000 ×19.05 at claims = around 1.2 m , then we use like 7 naira x 60000 at cost of transporting ( deseal expense) it will land at 140 to the station our profit on the product will be 4 naira x60000 litres (240k ) daily this sum will be used to pay salary and ober head ....then the subsidy the govt pays 19.05 x 60000.=1.2m will be profits

8 Likes 1 Share

Re: Treasury Bills In Nigeria by generationz(f): 2:59pm On Nov 01, 2019
ahiboilandgas:
Funny enough that labanese guy arrested with Mompha was my mechanic he came to Nigeria in 2004 and even English na wahala ,he was working in car spraying section ,I suspect it was a smoke screen to learn the wire /wire trade ..suddenly they became very rich moved to lekki ..they told everbody they are into currency exchange (now we know better )
shocked shocked

During your NYSC?


It's crazy mehn. People who knew then would have thought you and the others he left behind where not working as hard or as smart as he was.

After all, all na Gods blessings. grin grin

And someone will tell me Efcc isn't doing a good Job.

3 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 3:03pm On Nov 01, 2019
NL1960:


Nice one but with the falling margins in PMS, what plans do you guys have to break even in the shortest possible time?.
The margins are not falling they are fixed on pms , and consumption is raising with population explosion (50m litres daily) the threats is the more station spring up , decline purchasing power, increase cost of commodities (98-145),more electricty from nepa ( gallon purchase was huge )other product like deseal are not subsidies and kero

4 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 3:07pm On Nov 01, 2019
generationz:

shocked shocked

During your NYSC?


It's crazy mehn. People who knew then would have thought you and the others he left behind where not working as hard or as smart as he was.

After all, all na Gods blessings. grin grin

And someone will tell me Efcc isn't doing a good Job.
not as a personal mechanic ,i was selling tokunbo cars and fairly used so I normally take it to their work shop for oven baking , the owner repairs top range cars that Nigeria mechanic can do like g wagon etc the owner is still doing is mechanic thing but all those labanese (youths ) left to the island and became rich ....
Re: Treasury Bills In Nigeria by generationz(f): 3:08pm On Nov 01, 2019
ahiboilandgas:
not as a personal mechanic ,i was selling tokunbo cars and fairly used so I normally take it to their work shop for oven baking , the owner repairs top range cars that Nigeria mechanic can do like g wagon etc the owner is still doing is mechanic thing but all those labanese (youths ) left to the island and became rich ....


This Life.
Re: Treasury Bills In Nigeria by PearlStreet(m): 3:09pm On Nov 01, 2019
[s]
nofundforme:


Sir, with all due respect, can you talk about investments that can make someone rich. I know u wouldn't win this argument, it's a culture to scam in Nigeria. Crucify, but don't forget to provide solution. Youths of this country still need a favourable environment to thrive. When you separate favourable ground from a country, this is what you will get: scammers, arm robbers, thugs, ritualist, etc. The frustration in the country is overwhelming, and it needs to be addressed. No body is a saint as far this country is concerned. If you want to tackle all these criminal acts, you have to start from the root cause. The problem is not from the youths, but a failed system.
[/s]

Please, stop justifying nonsense and say the truth as it is. What is the justification for carrying drugs? What is the justification for robbery? What is the justification for fraud?

Do you advice people to go into armed robbery cos they don't have jobs?

Keep justifying crimes until you fall a victim. Scamming is not a culture in Nigeria, it is the culture of criminals and supporters of criminals.

Go outside with your green passport and see the damage those you're defending have done to our name. Go for business meetings abroad and people are wary of investing here because people like you defend fraud.

The bad rep of Nigeria is costing some of us business opportunities and you're here defending criminals. Who appointed you the PRO of Fraudsters and thieves?

16 Likes 1 Share

Re: Treasury Bills In Nigeria by mymadam(m): 3:10pm On Nov 01, 2019
Jejebabaa:


Sir, lets stop giving excuses to those who indulge in crime/fraud, its all about human greed and not the Nigerian factor...

...criminals has nothing to do with nationality, race, gender and colour. Its all about poor parenting, human greed and lack of human values.

Well said smiley

1 Like

Re: Treasury Bills In Nigeria by mymadam(m): 3:13pm On Nov 01, 2019
Jejebabaa:


Sir, lets stop giving excuses to those who indulge in crime/fraud, its all about human greed and not the Nigerian factor...

...criminals has nothing to do with nationality, race, gender and colour. Its all about poor parenting, human greed and lack of human values.

Well said. As obvious as it can possibly be... smiley

2 Likes 1 Share

Re: Treasury Bills In Nigeria by Phyde: 3:16pm On Nov 01, 2019
Please I will like to know if First Bank will accept next auction form i want to submit on behalf of my mum who traveled recently and will be staying long. First Bank is not within where she is now. Filling is not the problem because i have been the one filling her past TB form for her, she would sign and submit it herself. For the signatory part, I will know how to play around it.
Please your response will be much appreciated.
Re: Treasury Bills In Nigeria by NL1960: 3:39pm On Nov 01, 2019
ahiboilandgas:
we will be selling at 143 , we will buy at 133.5 .petrolium equilazation fund pays the transport rate...example if we sell 60000 litres per day (pef ) pays 60000 ×19.05 at claims = around 1.2 m , then we use like 7 naira x 60000 at cost of transporting ( deseal expense) it will land at 140 to the station our profit on the product will be 4 naira x60000 litres (240k ) daily this sum will be used to pay salary and ober head ....then the subsidy the govt pays 19.05 x 60000.=1.2m will be profits

For a filling station in Lagos for instance and product is transported from the same Lagos to the station, will PEF pay the transport rate?.
Re: Treasury Bills In Nigeria by DaBogu: 4:06pm On Nov 01, 2019
IamR:
I am not just happy with what is happening to our TBills. See where our greeds have led us now. It seems TBills don dey cast small small.
What are they prorating in TBills? I am not just happy. Where to go again? Eurobonds sef no be am, I transferred 13k$, my bank charged me 135$ just to invest in Eurobonds. Withdrew 7k$, they charged me 3.5$; It's like keeping money in Dom account does not worth it. It is too expensive to maintain and naira has been very stabled for almost one and half years now.

Where should we invest now?
Any available bond or commercial paper?

Oh my sweet treasury bills is turning sour.

FEDERAL GOVERNMENT SAVINGS BOND

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