Grupo:


You people will be debited on Thursday.

feelamong:


91 days -------7.798%

182 days -----9.00%

364 days -----10%

izmercy:


I guess, this is FG motive. By reducing the rate, people would be force to invest in biz rather than tbills and this in turn create employment and stimulate economic growth.

OBAGADAFFI:


Single digits on TB, it is finished.

Money market is going down.

Willie2015:


This is just a cycle....
We have seen Tbills at 4% before ...
It still came back to double digit....
No be dis Naija economy...
Relax ....u still get to see it at double digit back very soon....

aremso:


so so what happens if the price of crude tank and govt needs money to finance deficit budget. wouldn't the govt be back to tb business again?

jumboo:


Sounds like greed over patriotism. I pray the single digit rate is sustained and money finds its way back to the real economy funding activities that create jobs and growth for the economy.

jumboo:


Sounds like greed over patriotism. I pray the single digit rate is sustained and money finds its way back to the real economy funding activities that create jobs and growth for the economy.

feelamong:
www.nairaland.com/attachments/1354359_NTB_jpg9d4cae535bd0bde1399af69caf610bc5

Treasury Bills! Why It Is The Best Investment For Now:

A lot of people have been asking for some time what Tbills are all about and where they could buy the bills from,

This thread is dedicated for all issues related to Treasury Bills, their going rates, when Auctions are due and why they should be bought,

I am not a Finance person, am just a trader who was lucky to work in one financial insitution years back so I might not be the best person to answer questions on this as they come, But am sure we have a lot of financial gurus with CFAs in this Forum and all our questions would be answered,

calamus:


Please admins I am not trying to break any rules, neither am I scam. I am just desparate. All claims herein are verifiable.

PLEASE HELP ME!
THIS IS A GENUINE PLEA FOR HELP.

HELP ME.
I am a student. I was referred to an investment platform by a close associate. I started with small investments and then gradually increased it when it looked trustworthy.

Meanwhile, I started taking loans from other students, and promised to return them, with interest.

At a point, things went south real fast, and it was from one story to another. All withdrawals cancelled, and we were asked to reinvest to withdraw old money.
Now, three months later, ALL my creditors have let loose on me, the most painful thing being that all of them trusted me because of my reputation.

Please, I need help. I have held it in for two long; I have done all I could do, I have tried to even borrow to invest and release funds, but my reputation is already ruined; no one wants to lend me money. The stigma has even made me unable to do school work. Our just concluded exams was a mess, but that is secondary.

Even if I could get people to lend me money, it would take months before I could retrieve the over 700k in my account.

This afternoon, I was summoned to my school's security office where I had to sign that I will pay one particular person before Friday.

Tomorrow, another person's reputation will be ruined because of my decision - she used money other students placed in her custody to give me as a loan, all because of trust.

She has been calling, texting, crying, I don't even know what to do. If suicide will solve the problem, it's not now I thought of it. But it can't solve anything.

All my claims are verifiable. I currently have at least five agreements duly stamped by the court for different people, granting them to take whatever means necessary to retrieve their money.

Please help me. I am the first child of my parents, and though not the breadwinner, I am taking care of two of my siblings staying with me. My parents are both advanced in age, and this will break them.

I need help, I admit it. I am a charity case.
I need help. Anything laid in your heart, please take urgent action. I beg. I beg you in the name of whoever or whatever touches your heart.
PLEASE HELP ME! I DON'T EVEN HAVE 24 hours. I can't sleep. I just woke from a troubled sleep

My thoughts are scattered as I type, Nairaland community help me. Anything you can comfortably spare. I have to raise over 800 thousand naira, but even your five hundred naira means a lot to me.

0029246246
Diamond Bank


Please no matter your present condition, please donate. 50 naira, 100 naira, 500, a thousand, please anything would go a long way.

68315 (153) all preceded by a zero and a seven and a zero.

calamus:


Please admins I am not trying to break any rules, neither am I scam. I am just desparate. All claims herein are verifiable.

PLEASE HELP ME!
THIS IS A GENUINE PLEA FOR HELP.

HELP ME.
I am a student. I was referred to an investment platform by a close associate. I started with small investments and then gradually increased it when it looked trustworthy.

Meanwhile, I started taking loans from other students, and promised to return them, with interest.

At a point, things went south real fast, and it was from one story to another. All withdrawals cancelled, and we were asked to reinvest to withdraw old money.
Now, three months later, ALL my creditors have let loose on me, the most painful thing being that all of them trusted me because of my reputation.

Please, I need help. I have held it in for two long; I have done all I could do, I have tried to even borrow to invest and release funds, but my reputation is already ruined; no one wants to lend me money. The stigma has even made me unable to do school work. Our just concluded exams was a mess, but that is secondary.

Even if I could get people to lend me money, it would take months before I could retrieve the over 700k in my account.

This afternoon, I was summoned to my school's security office where I had to sign that I will pay one particular person before Friday.

Tomorrow, another person's reputation will be ruined because of my decision - she used money other students placed in her custody to give me as a loan, all because of trust.

She has been calling, texting, crying, I don't even know what to do. If suicide will solve the problem, it's not now I thought of it. But it can't solve anything.

All my claims are verifiable. I currently have at least five agreements duly stamped by the court for different people, granting them to take whatever means necessary to retrieve their money.

Please help me. I am the first child of my parents, and though not the breadwinner, I am taking care of two of my siblings staying with me. My parents are both advanced in age, and this will break them.

I need help, I admit it. I am a charity case.
I need help. Anything laid in your heart, please take urgent action. I beg. I beg you in the name of whoever or whatever touches your heart.
PLEASE HELP ME! I DON'T EVEN HAVE 24 hours. I can't sleep. I just woke from a troubled sleep

My thoughts are scattered as I type, Nairaland community help me. Anything you can comfortably spare. I have to raise over 800 thousand naira, but even your five hundred naira means a lot to me.

0029246246
Diamond Bank


Please no matter your present condition, please donate. 50 naira, 100 naira, 500, a thousand, please anything would go a long way.

68315 (153) all preceded by a zero and a seven and a zero.

jumboo:


Sounds like greed over patriotism. I pray the single digit rate is sustained and money finds its way back to the real economy funding activities that create jobs and growth for the economy.

bendo75:


When you think it couldn’t get worse now another ridiculous assumption. Someone few days ago was very happy about the fake news from punch that individuals are barred from buying treasury bills because according to him profits from treasury bills are ‘free money’.

Some of us who invest in treasury bills live abroad and you think we are unpatriotic and greedy by lending to our home country to build infrastructures. You think everybody has time to run a business or even knows how to run a business in a risky environment such as Nigeria. The money we lend to government in treasury bills is put into building of infrastructures that employ many Nigerians. You see building of infrastructures from treasury bills funds creates jobs. Indirectly we are creating jobs. Those folks who earn money working in infrastructural projects funded by treasury bills and bonds in turn put that money back into the economy. So treasury bills investors are not unpatriotic and we are not greedy because our country and many of our fellow citizens are benefiting from our investments.

Another point is that I will never put my money into any business in Nigeria while I reside abroad. Even if treasury bills rate goes to 0.00001%, I will never put my hard earned money into any business in Nigeria. Until our govt. in Nigeria creates a friendly business environment, I will be glad to leave my funds in savings account in the country of my residence than to lose them trying to invest in risky businesses back home.

Naughtysite:


Yours truly has run more than 10 businesses. Still running 2.

From this background, I raise financial models for any business i see.

I know where almost every single product can be sourced in Nigeria. May God bless your wisdom. And you understand where this my talk is heading towards.

I quoted the fellow you were referring to. Thank God he didn't argue with me.

calamus:


Please admins I am not trying to break any rules, neither am I scam. I am just desparate. All claims herein are verifiable.

PLEASE HELP ME!
THIS IS A GENUINE PLEA FOR HELP.

HELP ME.
I am a student. I was referred to an investment platform by a close associate. I started with small investments and then gradually increased it when it looked trustworthy.

Meanwhile, I started taking loans from other students, and promised to return them, with interest.

At a point, things went south real fast, and it was from one story to another. All withdrawals cancelled, and we were asked to reinvest to withdraw old money.
Now, three months later, ALL my creditors have let loose on me, the most painful thing being that all of them trusted me because of my reputation.

Please, I need help. I have held it in for two long; I have done all I could do, I have tried to even borrow to invest and release funds, but my reputation is already ruined; no one wants to lend me money. The stigma has even made me unable to do school work. Our just concluded exams was a mess, but that is secondary.

Even if I could get people to lend me money, it would take months before I could retrieve the over 700k in my account.

This afternoon, I was summoned to my school's security office where I had to sign that I will pay one particular person before Friday.

Tomorrow, another person's reputation will be ruined because of my decision - she used money other students placed in her custody to give me as a loan, all because of trust.

She has been calling, texting, crying, I don't even know what to do. If suicide will solve the problem, it's not now I thought of it. But it can't solve anything.

All my claims are verifiable. I currently have at least five agreements duly stamped by the court for different people, granting them to take whatever means necessary to retrieve their money.

Please help me. I am the first child of my parents, and though not the breadwinner, I am taking care of two of my siblings staying with me. My parents are both advanced in age, and this will break them.

I need help, I admit it. I am a charity case.
I need help. Anything laid in your heart, please take urgent action. I beg. I beg you in the name of whoever or whatever touches your heart.
PLEASE HELP ME! I DON'T EVEN HAVE 24 hours. I can't sleep. I just woke from a troubled sleep

My thoughts are scattered as I type, Nairaland community help me. Anything you can comfortably spare. I have to raise over 800 thousand naira, but even your five hundred naira means a lot to me.

0029246246
Diamond Bank


Please no matter your present condition, please donate. 50 naira, 100 naira, 500, a thousand, please anything would go a long way.

68315 (153) all preceded by a zero and a seven and a zero.

emmanuelewumi:



Where is your talk heading towards?

freeman67:


All of them coming here to tell people about raising financial models and running many businesses that has not failed are just setting traps waiting for their potential bush meat to enter. They now know many people here have capital looking for where to invest so they want to use that opportunity to dupe people.

freeman67:


All of them coming here to tell people about raising financial models and running many businesses that has not failed are just setting traps waiting for their potential bush meat to enter. They now know many people here have capital looking for where to invest so they want to use that opportunity to dupe people.

feelamong:


91 days -------7.798%

182 days -----9.00%

364 days -----10%

ositadima1:
Guys, inflation is very scary o.

10 mil in 21 years time will be equivalent to 1 mil today if Nigeria where to maintains a yearly inflation rate of 10%. That is, 10 mil in 2040 will have the same purchasing power as 1 mil today. Here is the math;

10,000,000×(1−0.1)^21 = 1,094,189.8

It is best to setup spare money in a way that it earn some returns no matter how little.

bendo75:


When you think it couldn’t get worse now another ridiculous assumption. Someone few days ago was very happy about the fake news from punch that individuals are barred from buying treasury bills because according to him profits from treasury bills are ‘free money’.

Some of us who invest in treasury bills live abroad and you think we are unpatriotic and greedy by lending to our home country to build infrastructures. You think everybody has time to run a business or even knows how to run a business in a risky environment such as Nigeria. The money we lend to government in treasury bills is put into building of infrastructures that employ many Nigerians. You see building of infrastructures from treasury bills funds creates jobs. Indirectly we are creating jobs. Those folks who earn money working in infrastructural projects funded by treasury bills and bonds in turn put that money back into the economy. So treasury bills investors are not unpatriotic and we are not greedy because our country and many of our fellow citizens are benefiting from our investments.

Another point is that I will never put my money into any business in Nigeria while I reside abroad. Even if treasury bills rate goes to 0.00001%, I will never put my hard earned money into any business in Nigeria. Until our govt. in Nigeria creates a friendly business environment, I will be glad to leave my funds in savings account in the country of my residence than to lose them trying to invest in risky businesses back home.

Willie2015:


This is just a cycle....
We have seen Tbills at 4% before ...
It still came back to double digit....
No be dis Naija economy...
Relax ....u still get to see it at double digit back very soon....

Guestuser:

No wonder savings bond rate went down too.
Still higher than these rates though.
TBills is finished! Chai

OgogoroFreak:
His generator runs on water?


Interesting...

NL1960:


No. The 10 @ahiboilandgas mentioned is the delivery amount. I believe the business model and strategy is that the business owner gets 10k per week while the barber manages the shop and take care of the expenses. So even if the barber makes 20k in a week, it does not concern the owner in as far as his/her 10k is delivered. I like the model and strategy if this is what it is. The barber is not being paid any salary. It is like 'run the shop and pay me 10k weekly'. There are people that barb their hair weekly. When my kids are going back to school, i spend 800 for three of us. This is already close to the average 5 people to be barb in a day.

NL1960:


No. The 10 @ahiboilandgas mentioned is the delivery amount. I believe the business model and strategy is that the business owner gets 10k per week while the barber manages the shop and take care of the expenses. So even if the barber makes 20k in a week, it does not concern the owner in as far as his/her 10k is delivered. I like the model and strategy if this is what it is. The barber is not being paid any salary. It is like 'run the shop and pay me 10k weekly'. There are people that barb their hair weekly. When my kids are going back to school, i spend 800 for three of us. This is already close to the average 5 people to be barb in a day.

NL1960:


No. The 10 @ahiboilandgas mentioned is the delivery amount. I believe the business model and strategy is that the business owner gets 10k per week while the barber manages the shop and take care of the expenses. So even if the barber makes 20k in a week, it does not concern the owner in as far as his/her 10k is delivered. I like the model and strategy if this is what it is. The barber is not being paid any salary. It is like 'run the shop and pay me 10k weekly'. There are people that barb their hair weekly. When my kids are going back to school, i spend 800 for three of us. This is already close to the average 5 people to be barb in a day.

DaBogu:
Same model with Transportation business
Bike 15k per week= N60k a month
Small bus 25k per week= N100k a month

depending on your location