emmanuelewumi:


Not really.

I Eco = 1 Euro.

True. My baadd

Over 100 bn still chasing emefeles 5 percent ....wonderful....i wish we could get this loan at 8 percent.....make i established estate like festact

alezzy13:


Chaiii!!! .

Well 365 days is not totally bad Sha.

Not bad indeed. Don't tell me your still considering this. Doesnt make any sense esp when compared with the fundamentals of the current economic climate.

ahiboilandgas:
Over 100 bn still chasing emefeles 5 percent ....wonderful....i wish we could get this loan at 8 percent.....make i established estate like festact

Abi o. Thats the idea all along. Investors like you should borrow money at lower rates and buy more tankers, build more houses, etc. That way our economy grows.

I don't really get this.
I went to inquire from first bank about tbills earlier this week but they said no bidding for tbills now.
So my question is; is it that the bidding rate is low or no tbills currently?

bjtinz:


Abi o. Thats the idea all along. Investors like you should borrow money at lower rates and buy more tankers, build more houses, etc. That way our economy grows.

Borrow at what %interest. .? Banks are still on their normal 25-30% interest rate for loans.

The confusion is amazing.

zamirikpo:


Borrow at what %interest. .? Banks are still on their normal 25-30% interest rate for loans.

The confusion is amazing.

Wow...

ahiboilandgas:
Over 100 bn still chasing emefeles 5 percent ....wonderful....i wish we could get this loan at 8 percent.....make i established estate like festact

Steve Gouves dies a billionaire, with a fortune of $7billion, at the age of 56 from pancreatic cancer, & here are some of his last words:
"In other eyes, my life is the essence of success, but aside from work, I have little joy, & in the end wealth is just a fact of life to which I am accustomed.
At this moment, lying on my bed, sick & remembering all my life, I realize that all my recognition & the wealth that I have is meaningless in the face of imminent death.
You can hire someone to drive a car for you, make money for you but – you can not rent someone to carry a disease for you. One can find material things, but there is one thing that cannot be found when its lost – “life”.
Treat yourself well, & cherish others. As we get older we get smarter, & we slowly realize that a watch worth $30 or $300 – both display the same time.
Whether we carry a purse or a wallet worth $30 or $300 – the amount of money in it remains the same. Whether we drive a car worth $150,000, or $30,000 – the road & distance is the same, we will eventually arrive at the same destination.
If one drinks a bottle of wine worth $300 or $10,000 – the “stroller” will be the same.
If the house we live in is 300 square meters, or 3000 square meters – the loneliness is the same.
Your true inner happiness does not come from material things. Whether you’re flying first class,
or economy class – if the plane crashes, you crash with it.
So, I hope you understand that when you have friends or someone to talk to – that is true happiness!
5 Undeniable Facts:-
1. Do not educate your children to be rich. Educate them to be happy. – So when they grow up they will know the value of things, not the cost.
2. Eat your food as medicine, otherwise you will need to eat your medicine as food.
3. Whoever loves you will never leave you, even if he or she has 100 reasons to give up. He or she will always find one more reason to hold on.
4. There is a big difference between being human & human being.
5. If you want to go fast – go alone! But if you want to go far – Go together!

And in conclusion,
The 6 best doctors in the world:-
1. Sunlight
2. Rest
3. Exercise
4. Diet
5. Self-confidence
6. Friends
Keep them in all stages of your life & enjoy a healthy life.
“Love the people The Almighty sent you, one day He will need them back.”
��Something worth sharing!!!

Wishing u all a prosperous 2020.

Sholapey:
Steve Gouves dies a billionaire, with a fortune of $7billion, at the age of 56 from pancreatic cancer, & here are some of his last words:
"In other eyes, my life is the essence of success, but aside from work, I have little joy, & in the end wealth is just a fact of life to which I am accustomed.
At this moment, lying on my bed, sick & remembering all my life, I realize that all my recognition & the wealth that I have is meaningless in the face of imminent death.
You can hire someone to drive a car for you, make money for you but – you can not rent someone to carry a disease for you. One can find material things, but there is one thing that cannot be found when its lost – “life”.
Treat yourself well, & cherish others. As we get older we get smarter, & we slowly realize that a watch worth $30 or $300 – both display the same time.
Whether we carry a purse or a wallet worth $30 or $300 – the amount of money in it remains the same. Whether we drive a car worth $150,000, or $30,000 – the road & distance is the same, we will eventually arrive at the same destination.
If one drinks a bottle of wine worth $300 or $10,000 – the “stroller” will be the same.
If the house we live in is 300 square meters, or 3000 square meters – the loneliness is the same.
Your true inner happiness does not come from material things. Whether you’re flying first class,
or economy class – if the plane crashes, you crash with it.
So, I hope you understand that when you have friends or someone to talk to – that is true happiness!
5 Undeniable Facts:-
1. Do not educate your children to be rich. Educate them to be happy. – So when they grow up they will know the value of things, not the cost.
2. Eat your food as medicine, otherwise you will need to eat your medicine as food.
3. Whoever loves you will never leave you, even if he or she has 100 reasons to give up. He or she will always find one more reason to hold on.
4. There is a big difference between being human & human being.
5. If you want to go fast – go alone! But if you want to go far – Go together!

And in conclusion,
The 6 best doctors in the world:-
1. Sunlight
2. Rest
3. Exercise
4. Diet
5. Self-confidence
6. Friends
Keep them in all stages of your life & enjoy a healthy life.
“Love the people The Almighty sent you, one day He will need them back.”
��Something worth sharing!!!

Wishing u all a prosperous 2020.

very true .....capitalism and greed properly us to unending wants ..but according to dangote investing billions and creating jobs that feed thousand of family...bring inert happiness.....so imagine building festac...thousand of families will earn living during and after construction

ahiboilandgas:
very true .....capitalism and greed properly us to unending wants ..but according to dangote investing billions and creating jobs that feed thousand of family...bring inert happiness.....so imagine building festac...thousand of families will earn living during and after construction

ahiboilandgas:
very true .....capitalism and greed properly us to unending wants ..but according to dangote investing billions and creating jobs that feed thousand of family...bring inert happiness.....so imagine building festac...thousand of families will earn living during and after construction

Just when I was wondering why she quoted your post in the long epistle, then I saw your perfect response.

Unfortunately, we tend to use all these posts to justify our present situation in life instead of going out there and take risks so as to take charge of our lives. A billionaire died at 56, so what? Many poor people below age 56 have died but would have lived if only they had just enough money to get proper medical treatment. And besides, there are millionaires and billionaires in their 80's and 90's around the world who have all the luxuries described in the post, and they are physically, emotionally, spiritually and, obviously, financially stable. All the comparisons in the post are so different: the experiences are incomparable!

In my opinion, what we should be aiming for is a life of abundance in all ramifications. Who says there are no people around the world that have it all!

For those that wants alternative to TB or Fixed deposit with good interest rate .

I work with a Non- banking financial institution called Rosabon Financial Services ( The Concept Group ) 32 Montgomery Road Sabo Yaba with a branch in Abuja ,PH & Warri licensed and regulated by CBN and also been in existence for over 25 yrs now. our interest rate still remain unbeatable, fantastic and far better than what all the commercial banks are giving out presently. For 1M is actually 11.5% per annum for 90days and is still open to negotiation. You can get your interest Upfront , Monthly or @ Maturity. The longer the Tenor , the higher the interest rate. You may contact me if you are interested. 08036450638 or a.abatan@rosabon-finance.net or www.rosabon-finance.com

seyisanya:

Just when I was wondering why she quoted your post in the long epistle, then I saw your perfect response.

Unfortunately, we tend to use all these posts to justify our present situation in life instead of going out there and take risks so as to take charge of our lives. A billionaire died at 56, so what? Many poor people below age 56 have died but would have lived if only they had just enough money to get proper medical treatment. And besides, there are millionaires and billionaires in their 80's and 90's around the world who have all the luxuries described in the post, and they are physically, emotionally, spiritually and, obviously, financially stable. All the comparisons in the post are so different: the experiences are incomparable!

In my opinion, what we should be aiming for is a life of abundance in all ramifications. Who says there are no people around the world that have it all!

I quoted him because he's like minded person, he doesn't write nonsense just like some local champions who likes to argue a point. Believe me or not, he has gained one or two points from my quote. We're all here to learn!!!

Sholapey:
I quoted him because he's like minded person, he doesn't write nonsense just like some local champions who likes to argue a point. Believe me or not, he has gained one or two points from my quote. We're all here to learn!!!

I see. Now I understand your intention, I actually thought otherwise.

Treasury Bills Rate Weakens to 3.5% as Demand Wanes
https://businesspost.ng/economy/treasury-bills-rate-weakens-to-3-5-as-demand-wanes/

Sholapey:
Steve Gouves dies a billionaire, with a fortune of $7billion, at the age of 56 from pancreatic cancer, & here are some of his last words:
"In other eyes, my life is the essence of success, but aside from work, I have little joy, & in the end wealth is just a fact of life to which I am accustomed.
At this moment, lying on my bed, sick & remembering all my life, I realize that all my recognition & the wealth that I have is meaningless in the face of imminent death.
You can hire someone to drive a car for you, make money for you but – you can not rent someone to carry a disease for you. One can find material things, but there is one thing that cannot be found when its lost – “life”.
Treat yourself well, & cherish others. As we get older we get smarter, & we slowly realize that a watch worth $30 or $300 – both display the same time.
Whether we carry a purse or a wallet worth $30 or $300 – the amount of money in it remains the same. Whether we drive a car worth $150,000, or $30,000 – the road & distance is the same, we will eventually arrive at the same destination.
If one drinks a bottle of wine worth $300 or $10,000 – the “stroller” will be the same.
If the house we live in is 300 square meters, or 3000 square meters – the loneliness is the same.
Your true inner happiness does not come from material things. Whether you’re flying first class,
or economy class – if the plane crashes, you crash with it.
So, I hope you understand that when you have friends or someone to talk to – that is true happiness!
5 Undeniable Facts:-
1. Do not educate your children to be rich. Educate them to be happy. – So when they grow up they will know the value of things, not the cost.
2. Eat your food as medicine, otherwise you will need to eat your medicine as food.
3. Whoever loves you will never leave you, even if he or she has 100 reasons to give up. He or she will always find one more reason to hold on.
4. There is a big difference between being human & human being.
5. If you want to go fast – go alone! But if you want to go far – Go together!

And in conclusion,
The 6 best doctors in the world:-
1. Sunlight
2. Rest
3. Exercise
4. Diet
5. Self-confidence
6. Friends
Keep them in all stages of your life & enjoy a healthy life.
“Love the people The Almighty sent you, one day He will need them back.”
��Something worth sharing!!!

Wishing u all a prosperous 2020.

Really nice article..It takes a while to realize all these but as we grow older,things become clearer.May God make it easy for us all

Sure

But i found out we dont truely own anything everthing is just temporary....if i make 100k over 50k might go to people indirectly

Treasury Bills Auction 2/01/2020...

From all indications, we all need to seek Alternative Investments outlets...

However I have one short Advise, Never use the funds earmarked for your Risk free Investments for any risky investment.

Just remain disciplined and bear in mind that the Inflation rate is still above 11.8%, and that the markets will always run Marathon!

Is it adviseable to divert ones TB funds to MMF since it currently has a better rate than TB. And does MMF guarantees protection of capital? If not are there better alternative that are risk minimal like TB ? I will appreciate a positive response.

ahiboilandgas:
Telll emefele i don invest in the real economy make him raise t.b rates ,welder ,tyre man ,service oil ,license office painting man don benefit

Do you have access to SRG, straight run gasoline? For sometime now it's very difficult to source. Hoping to leverage on your contact.

It's used as a solvent in industries

Middle east possible violent escalation,its effect on oil price and the performance of Nigeria economy in the year 2020. I am really concerned.

Tyche:


Do you have access to SRG, straight run gasoline? For sometime now it's very difficult to source. Hoping to leverage on your contact.

It's used as a solvent in industries

dont know what u talking about ......good luck in your search

meetchandus:


Really nice article..It takes a while to realize all these but as we grow older,things become clearer.May God make it easy for us all

Amen! Thanks for your understanding.

seyisanya:

I see. Now I understand your intention, I actually thought otherwise.

Thanks for your understanding!

walexy14:
For those that wants alternative to TB or Fixed deposit with good interest rate .

I work with a Non- banking financial institution called Rosabon Financial Services ( The Concept Group ) 32 Montgomery Road Sabo Yaba with a branch in Abuja ,PH & Warri licensed and regulated by CBN and also been in existence for over 25 yrs now. our interest rate still remain unbeatable, fantastic and far better than what all the commercial banks are giving out presently. For 1M is actually 11.5% per annum for 90days and is still open to negotiation. You can get your interest Upfront , Monthly or @ Maturity. The longer the Tenor , the higher the interest rate. You may contact me if you are interested. 08036450638 or a.abatan@rosabon-finance.net or www.rosabon-finance.com

PLS VACATE WITH IMMEDIATE EFFECT NAIRALAND MEMBER BE WARN

It is somewhat amazing how the whole rate is crashing. I went to FBN to enquire about FD rate,I was told 1.7 % per annum for 90 days.Can u beat that?

sempe123:
It is somewhat amazing how the whole rate is crashing. I went to FBN to enquire about FD rate,I was told 1.7 per annum for 90 days.Can u beat that?

As of yestsrday, they offered 0.75% on 70m for 30 days.

Wow what is happening to TBill will build our economy in the long run

Buhari n his economic team have received sense finally

The era of free money is over

TB will get to 1% for 365 day so that people will be forced to invest in the SME and create jobs. The real sector must come alive for our economy to recover. How can someone with over 10m be hiding in TB n FD for free money.

Totally unacceptable

Take risks, impact our economy and make over 100% monthly in SMEs

ogawisdom:
Wow what is happening to TBill will build our economy in the long run

Buhari n his economic team have received sense finally

The era of free money is over

TB will get to 1% for 365 day so that people will be forced to invest in the SME and create jobs. The real sector must come alive for our economy to recover. How can someone with over 10m be hiding in TB n FD for free money.

Totally unacceptable

Take risks, impact our economy and make over 100% monthly in SMEs

Ogawisdom sorry you lack wisdom. How many people have invested 10m or above in the Nigerian economy through businesses and so on but only to come back empty handed? How many have gone from the edge of wealth to the brink of poverty all because of the Nigerian business landscape? Government cannot force people to invest in bad deals, people are getting smarter now, they'll rather invest outside of Nigeria than to invest in a business that could be crippled by one idiotic government policy. Truck business, Farming, Hotel business, Uber, I've done it all, abeg avoid me at all cost

abbey621:


Ogawisdom sorry you lack wisdom. How many people have invested 10m or above in the Nigerian economy through businesses and so on but only to come back empty handed? How many have gone from the edge of wealth to the brink of poverty all because of the Nigerian business landscape? Government cannot force people to invest in bad deals, people are getting smarter now, they'll rather invest outside of Nigeria than to invest in a business that could be crippled by one idiotic government policy. Truck business, Farming, Hotel business, Uber, I've done it all, abeg avoid me at all cost

U are simply myopic or plain ignorant
There are always two sides to a coin, that u failed in business speaks volumes of your narrow mindedness but don't forget we still have many success stories like dangote et al.
If u don't want to invest in the real sector then shut up and accept the 1% on offer n crawl back to your cave.

Crashing TB n FD is excellent for our economy