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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4628748 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 OgogoroFreak(m): 6:22pm On Nov 05, 2019 |
ositadima1:The tanker driver ran away. The car lot owner has no insurance so he entered coma. I suspect the tanker owner has no insurance and if he does, I doubt the insurance would cover for such damage else, why did the driver ran away and never returned? |
Re: Treasury Bills In Nigeria by ositadima1(m): 6:37pm On Nov 05, 2019 |
OgogoroFreak: Bro, in this case it is advisable to insure. But you sef, I have said it many times here na, if you can't absorb the risk you better protect your self with insurance. While someone who can contain risk would be losing more in the long run if he/she insures. I didn't come up with the idea myself, I am not smart, I read it in a finance journal and it made alot of sense. One more thing is that insurance doesn't cover every scenario. |
Re: Treasury Bills In Nigeria by alezzy13: 7:03pm On Nov 05, 2019 |
Jejebabaa: Is it being prorated as well? |
Re: Treasury Bills In Nigeria by alezzy13: 7:04pm On Nov 05, 2019 |
Viqtour: Just curious, did they debit the entire money or part of it? |
Re: Treasury Bills In Nigeria by chrysanthus07: 7:42pm On Nov 05, 2019 |
Please what's the minimum amount can someone use to start FG BOND |
Re: Treasury Bills In Nigeria by 9jatriot(m): 7:46pm On Nov 05, 2019 |
@bolded, I am actually looking at it from the perspective of the western and developed world where you can walk into a car shop and pick up a car since you can pay gradually. Since we do not have a credit rating scheme in our clime, This is the closest I could come up with as a way of spreading payment over a long time. I do not if you understand the context I am speaking from. deleson: |
Re: Treasury Bills In Nigeria by Viqtour(m): 7:52pm On Nov 05, 2019 |
alezzy13:They debited the entire money but I still haven't received the upfront |
Re: Treasury Bills In Nigeria by 9jatriot(m): 7:55pm On Nov 05, 2019 |
Did you mean the more likely or is your less likely correct? Our clime watch you for success and one of the first obvious sign is your car. It is so bad that if you attend some meetings, they will literarily see you off to where your car is packed to try and estimate your worth with the perceived value of your car. As funny as it may sound, that little detail can sometimes determine if your contract will be signed or not. Our clime non get part 2 o. deleson: 1 Like |
Re: Treasury Bills In Nigeria by Controlv: 8:25pm On Nov 05, 2019 |
healthserve: Insurance is the way to go anytime, it gives you peace of mind on your insured properties. I thought I was saving money till I learnt the hard way last year, full story can be read here: https://www.nairaland.com/4339448/true-story-insurance/1#77323589 All my cars now have comprehensive insurance with excess buy back, premium is less than 5 percent per annum which means it will take more than 20 years before the premium paid equals the car value. Insurance is actually very cheap in Nigeria. Last year, I got over 700k claim from the mandatory 5k motor vehicle third party insurance. |
Re: Treasury Bills In Nigeria by Diogo2019: 9:10pm On Nov 05, 2019 |
Good evening all Please I need suggestions, my dad once did life insurance with fbn.....now he needs the money for something urgent.......bank has being playing around for almost a month. What's the best way to go about it ![]() |
Re: Treasury Bills In Nigeria by ctleurocollege: 9:49pm On Nov 05, 2019 |
A quick one to the Profs, is purchasing land better than investing in treasury bills? |
Re: Treasury Bills In Nigeria by deleson: 10:10pm On Nov 05, 2019 |
Sorry for the late response, I missed the mention. Either TBills or MMF will be fine. But I'll personally go for Tbills...Unfront interest and locked down capital. With MMF, something can push you into collecting the money too easily ![]() ![]() toby4ever: |
Re: Treasury Bills In Nigeria by deleson: 10:16pm On Nov 05, 2019 |
Good catch ![]() It's really crazy, the material profiling and social scaling system in Nigeria is terrible. That's one reason a lot of people are getting into illegal and shady acts, to catch up and impress others, because there is an existing army of praise-singers for anyone with money, regardless of how it is acquired. Personal and family value systems must be restructured for homes and this country to advance from its current quagmire. 9jatriot: |
Re: Treasury Bills In Nigeria by deleson: 10:19pm On Nov 05, 2019 |
Read backwards on the thread, you'll find a rich repository on this discourse - Property vs Capital Market Investment. You'll be happy you did. ctleurocollege: 4 Likes |
Re: Treasury Bills In Nigeria by deleson: 10:22pm On Nov 05, 2019 |
Yeah! I perfectly understand your perspective but this is Nigeria............................... ![]() 9jatriot: |
Re: Treasury Bills In Nigeria by Akin3891: 10:44pm On Nov 05, 2019 |
Viqtour: Cool, this is the kind of news i want to read on here, not the unreasonable arguments that littered the previous pages. Have you finally received your interest? Anyone that has successfully invest in secondary market should please share their experiences. Good luck n God bless us all. Mr. Ahib, i salute you for your immense n valuable contributions to this thread, your posts are eye opener for the young and mighty investors. you are a rare gem, God bless u. 5 Likes |
Re: Treasury Bills In Nigeria by seye4nii(f): 10:56pm On Nov 05, 2019 |
Akin3891:Don't mind them all because of flexing and Argumentation ![]() ![]() |
Re: Treasury Bills In Nigeria by titilope07: 11:01pm On Nov 05, 2019 |
Please, has anyone here ever invested in treasury bill or Agro Investment via Wealth.ng App. How is your experience concerning remittance of funds at the end of Tenor? I will appreciate your kind responses. Regards! |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 11:08pm On Nov 05, 2019 |
titilope07:All these apps... Why do you people add extra risk to something easy and straightforward? Walk into a bank and invest in treasury bills, it's that simple! 10 Likes |
Re: Treasury Bills In Nigeria by seye4nii(f): 11:21pm On Nov 05, 2019 |
OgogoroFreak:You nail it i don't want to develop HBP because of investing that is why i glue to my FB even for them not to mail me my proof of investment fastfast i always have headache 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:36pm On Nov 05, 2019 |
My bussiness partner that normally build house for sale,just sold this house he bought the land for 14m and I think he spent 16m for building,total 30m he sold it for 47m ....this is the second he did this years the first house was sold for 40m....he has made around 25m this year from a capital of 30m that almost 80 percent .....this is the reason he can't do bond and t.b.....for 12 percent 7 Likes 1 Share
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Re: Treasury Bills In Nigeria by Ibrahim505(m): 11:42pm On Nov 05, 2019 |
healthserve:Individual with scamming mindset would never be endowed with better knowledge in economics and English. He must be an avid reader and a philosopher with a bit of hyperactive disorder. He needs respect and not harassments. 6 Likes |
Re: Treasury Bills In Nigeria by seye4nii(f): 11:49pm On Nov 05, 2019 |
Viqtour: Same thing happen to me last week primary i was credited my upfront by 8pm that day by FBANK |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 12:22am On Nov 06, 2019 |
ahiboilandgas:16m cannot build this house. 11 Likes |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 1:18am On Nov 06, 2019 |
OgogoroFreak: Maybe he built during the old days |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 3:14am On Nov 06, 2019 |
Just2endowed2:Read his post again 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 5:12am On Nov 06, 2019 |
For the delay upfront, its due to verification process, takes days in some cases but where you are found wanting. Your capital will be returned. On insurance, it depends on the type of insurance you did. I got the worth of my car and its associated problems fixed; house built, hospital bills paid, building materials shredded inside the shop paid for, settled police. I only informed them of the accident scene and they manage to and was paid in less than 2 months. That was in 2014 and my only insured vehicle till date as i believe insuring is asking for accident. The said car was less than 1 month and less than 2 weeks of insuring, it was a great deal. 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:12am On Nov 06, 2019 |
OgogoroFreak:so tell us how much and the location ? 1 Like |
Re: Treasury Bills In Nigeria by ibechris(m): 5:44am On Nov 06, 2019 |
OgogoroFreak: What are u guys saying,that 16million can't build such a house?...u guys aren't getting it. Is just a matter of taste and fashion. It's doable and achievable. Note, some of these buildings u see here and there with over rated value are all caused by contractors,who usually deceive people with heavy laden cost analysis. We just finished one in Abuja this month in fact, the land was relatively cheap because is an estate Land and to completion the owner has spent just 14.8 million so far with land 6million. Total 20.8. Let us not discourage people because u are doing Tbill doest not mean people in the built sectors aren't making it. Is a matter of Economic preference. 9 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:26am On Nov 06, 2019 |
ibechris:I wonder ooh ,am talking from experience not assumption ....i can randomly estimate any building .... 4 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:34am On Nov 06, 2019 |
Block ,4000@140,decking 1 .5m cement 200 bags @2600,p.o.p 700k window 600k roofing 400k ,roofing sheet 300k ,plaster 200k ,wiring 300k ,tile 1m ,doors 1m,labour 35 per block x4000 ,dpc 400 k digging foundation 100k ,iron road 2 tonne 12mm 400k ,iron bender labour 100k ,bore hole 400k ,over tank 300 ,plumber 300k ,kicheten cabinet 300k ,toilets w/c plus fixing 4 unit 300k painting 300k ,Screeding 200k ,interlock 300k gate 200k bard wire 150k ,burglar 300k hand rails 200k ,lighting 300k ....wetin remain na..... 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:08am On Nov 06, 2019 |
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