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

ogawisdom:


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

rationalmind:


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

chigo4u:

This means Nigeria economy is largely dependent on tbills.. Why can’t CBN ban banks from participating in Tbills with customer deposits?

ogawisdom:


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

ogawisdom:


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

richforever123:


The Nigerian Stock Index is plummeting, buy now and you will lose your money, although some company stocks made some profit

ogawisdom:


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

MrMcJay:


The Dangote you're mentioning failed in several businesses. For example, his tomato business was a flop. His noodles business was a spectacular failure. His juice business has capsized.

Three things you need to do.

1. Stop using Dangote as an example. He can't survive competition. He only thrives in monopolies.

2. Stop talking down on people who didn't find a particular business profitable and therefore exited. They have knowledge of what doesn't work for that line of business, that's knowledge money cannot buy.

3. Stop insulting people online. Where your farm reaches is where another person's farm begins.

aremso:


when i read stuffs like this i just burst into laughter, i think the best advice would have been, dont invest in what you dont know or before you invest, KNOW MUCH ABOUT WHERE YOU ARE PUTTING YOUR HARD EARNED MONIES. As i cant advice people to invest or not to invest, i will always tell them to know where they are putting there monies. Everyone paints our NSE as gloom and doom yet if you know when to enter and your exit time you still make good monies, like the little bulls alone today gave me 387k in a stock and in the next 90 days there might still be bulls cos of earning season with profits taking in btwn. Just know about where u put your money is the main advice, there are still some people who does not know a jack about tb and yet they also want to invest in tb cos people says in the safest investment

aremso:
Dangote also failed in flour mill and that was why he sold initially to tiger brand of SA which they could not run profitably and then bought it back very cheap pumped 10biln the ran it into profitability for just a yr or there about then later slip into loss making company, he finally sold it this yr. So, there is no success witout a failure.

ogawisdom:


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

abbey621:


In a country of over 150 million people with over 1 million businesses, I wonder why Dangote is usually the reference point for success? The Dangote that just lost over 70 spot on the Forbes richest list? Nigeria is truly working.....Ode!

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

Torg77:


People use myopic and think they are smart..that man didn't insult u in any way and for you to attack him like that says more about your weirdness. People always use dangote as an example yet you people don't even know the history of dangote and the deals he got from military and civilian governments ..dummy

aremso:


when i read stuffs like this i just burst into laughter, i think the best advice would have been, dont invest in what you dont know or before you invest, KNOW MUCH ABOUT WHERE YOU ARE PUTTING YOUR HARD EARNED MONIES. As i cant advice people to invest or not to invest, i will always tell them to know where they are putting there monies. Everyone paints our NSE as gloom and doom yet if you know when to enter and your exit time you still make good monies, like the little bulls alone today gave me 387k in a stock and in the next 90 days there might still be bulls cos of earning season with profits taking in btwn. Just know about where u put your money is the main advice, there are still some people who does not know a jack about tb and yet they also want to invest in tb cos people says in the safest investment

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

chigo4u:

Using Dangote as an example of success stories in the real sector is laughable

seyisanya:


He did insult him but I don't think a retaliation was necessary. This is a faceless forum and we're all here to learn. Every comment does not require a response and if we must respond, we should try and do so respectfully. I've learnt so much and still learning. God bless all the great contributors on this forum.

aremso:



Dangote also failed in flour mill and that was why he sold initially to tiger brand of SA which they could not run profitably and then bought it back very cheap pumped 10biln the ran it into profitability for just a yr or there about then later slip into loss making company, he finally sold it this yr. So, there is no success witout a failure

IyawoToBe:
The stupid Flour Mill I bought their IPO years ago. My 1million has turned to less than 100k

aremso:


Hope u have not sold it, if you have not i greet you congratulation because the buyer from dangote paid 24naira per share which has been executed and the shares have been deleted on NSE. So, go EDC registrar to fill form and collect your 24 per share. OLAM bought the company from dangote, they bought the total 5billn shares. Last time while Checked, they were at onipan.

IyawoToBe:
OMGeeeeeeeeeee My new year has started on a good note!!! Let me dust my certificate. Thank you so much for this info.

zohan101:
Good evening @all..Pls is there anyone who is on FBN money market..I noticed for about 2days now, I havent gotten the usual daily accrued returns , has anyone observed this also??

seyisanya:

We're together on this one. I did not notice it until about an hour ago. I'll send them an email, maybe you should too. I guess they're still sorting Q4 interest disbursements.

bugmenot:


With interest rate on savings accounts at roughly 3.5%, why would one invest in TBs at the same interest rate? Or is there something I’m missing?

zohan101:
Good evening @all..Pls is there anyone who is on FBN money market..I noticed for about 2days now, I havent gotten the usual daily accrued returns , has anyone observed this also??

micluv111:


I wonder too o

Interest rate on savings account is still much higher than FD rate. TB is just 0.1 higher.

TB and FD should chill for now pls....

But I noticed Access bank interest on savings acct is very low, Access bank na real one chance

aremso:


Hope u have not sold it, if you have not i greet you congratulation because the buyer from dangote paid 24naira per share which has been executed and the shares have been deleted on NSE. So, go EDC registrar to fill form and collect your 24 per share. OLAM bought the company from dangote, they bought the total 5billn shares. Last time while Checked, they were at onipan.

emmasoft:


Relax it's the usual end of year things. You will notice by now your accrued interest as at 31st December have been reinvested or paid to you bank account depending on your option regarding your interest. By Monday all your accrued interest from 1st to 5th will reflect. Though I work for investment one their model in FBN is same with ours.