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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4618514 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 Lizzyab(f): 10:29pm On Dec 22, 2019 |
Nigsrdumb: OMG, I never knew it was possible to do that through my Russian online banking platform!!!!... It was usually required for you to physically come to the bank and manually fill a form to do International transfers... I just logged in to my online banking portal now and meticulously studied all the options.... and just saw INTERNATIONAL MONEY TRANSFER!!!.... I can't wait to try this!!!! I don't know what their commission fees will be like but I know it cannot be higher than what I am paying now!!! Thank you for this insight!!! Nairaland is a GEM!!!!!! 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by deleson: 10:58pm On Dec 22, 2019 |
What platforms do you work on? If it’s Fiverr or Upwork, you can open a Payoneer account, then link it to a USD domiciliary account from any Nigerian bank. So, the flow would be Fiverr > Payoneer > Dom Account. Several other platforms aside Fiverr and Upwork allow Payoneer payment transfer. Lizzyab: 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by Lizzyab(f): 11:30pm On Dec 22, 2019 |
emmanuelewumi: Customer service rep for a private Taiwanese company that requires fluency in Russian and English, to communicate with customers and their colleagues in other countries 8 Likes 1 Share |
Re: Treasury Bills In Nigeria by Lizzyab(f): 11:32pm On Dec 22, 2019 |
deleson: I'm aware of payoneer but it's non of these platforms, It's a private Taiwanese company and their only mode of payment is paypal for foreigners 1 Like |
Re: Treasury Bills In Nigeria by billtommy(m): 11:51pm On Dec 22, 2019 |
emmanuelewumi: Can you put us through the art of buying these shares?? |
Re: Treasury Bills In Nigeria by henifri: 11:52pm On Dec 22, 2019 |
You can also use local transfer agents in Moscow to get your funds to Nigeria quickly. about 4-5% charges currently. Lizzyab: 1 Like |
Re: Treasury Bills In Nigeria by Lizzyab(f): 11:59pm On Dec 22, 2019 |
Also, these agric startups with promises of astronomical returns (20%-30% in 6 months).... Which do you know of that are legitimate and running ALREADY and have paid these dividends ALREADY? I KNOW that agriculture and food is a sure banker but which company can be trusted? Because I am yet to understand how I am protected in the event something goes wrong along the way... who will refund me lol? I have also witnessed so many mechanized farms fold up, any leads? |
Re: Treasury Bills In Nigeria by Akin3891: 12:34am On Dec 23, 2019 |
PuZZyNegro: Hmmm I kuku understand your points n the angle u r coming from, GOD-IS-NO-WHERE is still same as GOD-IS-NOW-HERE, All depends on its pronunciation and your mindset. Bro, making money comes with a task. I guess u are driving a posh car for the ehailing bizz, doesn't work that way, as much as the jobs seems a clean job, it's not, because of our bad roads n the kings of the road(danfos). I'm very used to that uber thread you mentioned, as a matter of fact, I have a different moniker there, just to ask questions as a common hustler , I learnt those dos n don't before embarking on this journey, my learnings from the gurus there taught me where to go n where not, how to make the money ,how to avoid touts,e.t.c ( there is always secrets to every successful biz) .I intend starting the bizz with 2 cars, the popular ones use for the ehailing bizz, i park my fancy car at home, use the regular one to know whatsup, my wife was like,this one doesn't befits you,I say it's just for a while, it's been three weeks of my adventurous driving, money flows but come with hard work. Sometimes ago, I read about a guy here that has 500k but was reluctant to make some vigorous moves,I saw different advices from people to cheer him up, I just laughed it out, this money making thing is more of inwards spirit than physical . If your spirit is not upset with your present situation, don't dream of any progress. 18 Likes 1 Share |
Re: Treasury Bills In Nigeria by seyisanya(m): 2:01am On Dec 23, 2019 |
Sir Aremso, please can u be a bit explicit about the strategy you employ regarding your Zenith bank shares. Please, let me learn from you. Thanks. aremso: |
Re: Treasury Bills In Nigeria by damilola1978: 4:50am On Dec 23, 2019 |
For those considering stock market, listen to Kenny Rogers - The Gambler....it would help alot ![]() |
Re: Treasury Bills In Nigeria by deleson: 8:03am On Dec 23, 2019 |
Okay then. There should still be a way to knock it off through dom account. You may have to do some extensive research or experiment. Best! Lizzyab: |
Re: Treasury Bills In Nigeria by DaBogu: 8:31am On Dec 23, 2019 |
This week: Invest A farmer's harvest is both his food and seed. A farmer who eats his seed will have no future harvest. Similarly, your salary is meant for both food (expenses) and seed (investments). Eat a portion (food), plant the rest (seed). Don't eat your seed. Invest- Dr Tayo Oyedeji 4 Likes 3 Shares |
Re: Treasury Bills In Nigeria by DaBogu: 8:33am On Dec 23, 2019 |
Dr. Tayo Oyedeji @tayooye 3 reasons you should consider building multiple income streams (job loss). 1: You have limited control over your life when your income is tied to a process you don’t control. Companies go bankrupt, mergers happen, industries die. You don’t control any of these catalysts. Don't anchor your life to a process you don't control. 2. Job loss happens to both good and bad employees. How will you maintain your lifestyle if it happens to you? This is important. Being great on the job does not completely immunize you from job loss and the attendant insecurities that follow it. 3. Diversification: Never put all your eggs in any single basket. I was once advised to resign from a job when I didn't have a second income source. Trust me, you don't want to experience the anxieties I felt in the aftermath of that job loss. 10 potential side gigs: 1. Online freelancing - upwork, freelancer, Fiverr etc 2. Online/offline sales. 3. Coding. 4. Data analytics 5. Graphic design. 6. Transcription services. 7. Cooking. 8. Seminars/classes. 9. Consulting. 10. Writing Please feel free to add other side gig ideas to the list. 11. Web design 12. Photography. 13. Music 13 Likes 5 Shares |
Re: Treasury Bills In Nigeria by healthserve(m): 8:48am On Dec 23, 2019 |
Akin3891: **** All this money making is more internal/spiritual than physical **** If your spirit is not upset with your present situation, don't dream of any progress Allow me highlight these comments of yours for emphasis, also allow me take my hat off, stand up and clap to these sagacious brilliant comments of yours elder. Respect 8 Likes 2 Shares |
Re: Treasury Bills In Nigeria by henifri: 11:35am On Dec 23, 2019 |
www.wealth.ng a subsidiary of Sankore Investments is currently offering a 1 year treasury bill at 10.5% per annum called 'Wealth Cash'. You can also trade stocks on their website. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:57am On Dec 23, 2019 |
The hunters and opportunist are here banking on the drop in rate to hunt for prey....worst come to worst buy an apartment (rentable and sellable) buy dollars or euros and keep , buy gold .......that my local advice for imvestors .....me self just expanded to 11 plc with only two trucks...cos i dont know the long time effect of dangote refinery but am sure oil and gas down stream will never be same 12 Likes 1 Share |
Re: Treasury Bills In Nigeria by Ojix85: 12:08pm On Dec 23, 2019 |
emmanuelewumi: Good day sir. Can you kindly advise on the details required to invest in FG Bonds (not FGN Savings)? What bodies assist individuals in FG Bonds investments? Could you also help with current rates, minimum capital required etc.? I have checked the CBN website, only to find rates provided from the primary listing. Is there a thread on FG Bonds as well? Thanks a million. |
Re: Treasury Bills In Nigeria by Infinitisi(m): 12:28pm On Dec 23, 2019 |
Ojix85: https://www.nairaland.com/4524641/bonds-investors-hub/10 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:38pm On Dec 23, 2019 |
Ojix85: You can invest minimum of N5000 and maximum of N50 million on FG Savings bond. I will advise you buy through the primary market, you will need to open a stock bring account when you want to buy bonds. Coupons are paid 4 times in a year. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:57pm On Dec 23, 2019 |
billtommy: I invest in industries I understand, I also try to monitor the performance of the companies I have invested in, it good to invest in businesses or industries that are growing. I am more of a cash flow investor, capital appreciation is secondary. I will use Zenith bank as an example, Zenith is currently N18.00 per, the earning per share of Zenith bank in 2018 was N5.20k. Out of the N5.20k, N2.80k was paid out as dividends. We are left with N2.40k, out of which some will be transferred to the reserve, kept with CBN and also used to expand the business. If a stock of N18.00 gives a dividend of N2.80k, this will give you a dividend yield of about 14%. Another interesting fact is that, it is not all the earning that was paid out as dividend. The remaining fund will be ploughed back into the business and will create more wealth to the investors. In 2006 Zenith had less than 100 branches, but because part of the profits made was ploughed back into the business, they now have about 300 branches. Investors who earned 70k dividends per share in 2006 now earned N2.80k in 2018, due to the expansion and growth of the business. Dividend quadrupled between 2006 and 2018. This beat inflation and devaluation of our currency. The most important thing that will determine success is the experience, knowledge and integrity of the business managers and also buying at a good price. If you over pay for an investment or an asset, it will affect your returns on investment 22 Likes |
Re: Treasury Bills In Nigeria by Nobody: 2:15pm On Dec 23, 2019 |
emmanuelewumi: Essentially you are a value investor, it makes sense. Which brokerage services do you use sir? Which companies would you recommend to invest in now. Thanks |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:32pm On Dec 23, 2019 |
Nigsrdumb: I use 4 stock broking houses. 1. FSDH Securities 2. Investment One Stockbrokers 3. United Capital Securities 4. Union Capital Market. With a minimum of N50,000 you can open an account with Investment One, United Capital and Union Capital Market. Except FSDH Securities which requires a minimum of N5 million. Dangote cement is currently selling at N140, paid a dividend of N16 last year. If the company pays the same dividend of N16 by April 2020 this will give you a dividend yield of about 11% We have an infrastructural deficits in the country, government is currently using cements for road constructions, bridges, houses. Some of the management staff of Dangote cement have increased their shareholdings between last year and now. This shows that they are confident about the growth of the business. MTN at N105 and below is also okay, you are sure of a minimum dividend of N11. They have also given license to operate a form of banking business for unbanked Nigerians 10 Likes 2 Shares |
Re: Treasury Bills In Nigeria by DaBogu: 2:55pm On Dec 23, 2019 |
emmanuelewumi:The best in my own opinion. 1 Like |
Re: Treasury Bills In Nigeria by DaBogu: 2:55pm On Dec 23, 2019 |
U.S. Treasury Set to Borrow $1 Trillion for a Second Year to Finance the Deficit The U.S. Treasury Department is set to maintain elevated sales of long-term debt to finance the government’s widening budget deficit, with new issuance projected to top $1 trillion for a second-str... bloomberg.com |
Re: Treasury Bills In Nigeria by Nobody: 3:59pm On Dec 23, 2019 |
DaBogu: rate |
Re: Treasury Bills In Nigeria by Ibrahim505(m): 4:14pm On Dec 23, 2019 |
Pls is there any stockbroker that allow their client to solely trade online as in online forex trading? |
Re: Treasury Bills In Nigeria by ezra01(m): 4:31pm On Dec 23, 2019 |
Lizzyab: please help a brother I will love to learn... please I m not employed I need a hustle. please help me 1 Like |
Re: Treasury Bills In Nigeria by aremso(m): 5:08pm On Dec 23, 2019 |
Ibrahim505: morgan capital 5 Likes |
Re: Treasury Bills In Nigeria by titilope07: 6:41pm On Dec 23, 2019 |
Ibrahim505:Stanbic ibtc stockbroker 5 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:04pm On Dec 23, 2019 |
titilope07: He will need a minimum of N5 million to open an account with them |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:08pm On Dec 23, 2019 |
Ibrahim505: There are many of them. Have you mastered your emotions? They are addictive? You can't time the market? Can you control your itchy fingers. If you are not careful, you will end up making money for the broker, rather than for yourself. Anyway, I am not trying to discourage you. 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 7:24pm On Dec 23, 2019 |
emmanuelewumi:Exactly what they told me before I ran away ![]() All my FG savings bond are with them though. |
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