Stats: 3,189,585 members, 7,937,658 topics. Date: Monday, 02 September 2024 at 09:54 AM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4618007 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)
(1) (2) (3) ... (1023) (1024) (1025) (1026) (1027) (1028) (1029) ... (2260) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by bugmenot: 3:41pm On Jan 03, 2020 |
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? dipoolowoo: 3 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 4:07pm On Jan 03, 2020 |
ogawisdom:Using Dangote as an example of success stories in the real sector is laughable 18 Likes 3 Shares |
Re: Treasury Bills In Nigeria by chigo4u: 4:12pm On Jan 03, 2020 |
rationalmind:This means Nigeria economy is largely dependent on tbills.. Why can’t CBN ban banks from participating in Tbills with customer deposits? |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:23pm On Jan 03, 2020 |
chigo4u:500bn dollars gdp how is 2 bn dollars in fixed income the problem |
Re: Treasury Bills In Nigeria by Torg77: 4:51pm On Jan 03, 2020 |
ogawisdom: 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 25 Likes 3 Shares |
Re: Treasury Bills In Nigeria by zamirikpo(m): 4:57pm On Jan 03, 2020 |
ogawisdom: Please keep quiet..... 13 Likes 1 Share |
Re: Treasury Bills In Nigeria by aremso(m): 5:13pm On Jan 03, 2020 |
richforever123: 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 2 Likes |
Re: Treasury Bills In Nigeria by MrMcJay(m): 5:20pm On Jan 03, 2020 |
ogawisdom: 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 experience money cannot buy. 3. Stop insulting people online. Where your farm reaches is where another person's farm begins. 36 Likes 3 Shares |
Re: Treasury Bills In Nigeria by aremso(m): 5:26pm On Jan 03, 2020 |
MrMcJay: 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 1 Like |
Re: Treasury Bills In Nigeria by MrMcJay(m): 5:30pm On Jan 03, 2020 |
aremso: Doctors spend years studying to become doctors. Lawyers spend years studying to become lawyers. Stockbrokers spend years to become stockbrokers. Even armed robbers graduate from the ranks of pilfering to pickpocketing to knife-jacking before armed robbery. People need years of learning, experience and knowledge of the stock market to understand how it works. Unfortunately, most of those who get burnt don't even understand the stock market. They now try to project their negative experiences into others. 8 Likes |
Re: Treasury Bills In Nigeria by MrMcJay(m): 5:34pm On Jan 03, 2020 |
aremso: That's the end line. |
Re: Treasury Bills In Nigeria by abbey621(m): 5:40pm On Jan 03, 2020 |
ogawisdom: 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! 10 Likes 2 Shares |
Re: Treasury Bills In Nigeria by chigo4u: 5:45pm On Jan 03, 2020 |
abbey621:Besides the only largely successful business of Dangote is Dangote cement where he operates alone, he is not an example of the ideal businessman to me. A enjoys govt backing. If we were to judge by his other business ventures like his noodles then I wonder if he would still be regarded a success story in the Nigerian real sector 2 Likes |
Re: Treasury Bills In Nigeria by seyisanya(m): 5:47pm On Jan 03, 2020 |
abbey621: Torg77: 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. 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by chigo4u: 5:48pm On Jan 03, 2020 |
You are asking people to invest in the real sector because Dangote is a success story but Dangote after his refinery will be focusing his investments outside Nigeria in order to preserve his wealth.. lol 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by seyisanya(m): 5:56pm On Jan 03, 2020 |
aremso: Much respect, sir! 1 Like |
Re: Treasury Bills In Nigeria by Tyche(m): 5:58pm On Jan 03, 2020 |
ahiboilandgas: Peace |
Re: Treasury Bills In Nigeria by Homextras: 6:14pm On Jan 03, 2020 |
chigo4u:I wish I could like your comment a million times.... Dangote kwa...smh 2 Likes |
Re: Treasury Bills In Nigeria by abbey621(m): 6:29pm On Jan 03, 2020 |
seyisanya: Nairaland is a faceless forum and those of us that have been here for awhile knows that you must have a thick skin in order to separate the noise from the real useful messages. I don't mind the insult because I can dish them as well, it is perfectly balanced ![]() ![]() ![]() |
Re: Treasury Bills In Nigeria by IyawoToBe(f): 6:52pm On Jan 03, 2020 |
aremso:The stupid Flour Mill I bought their IPO years ago. My 1million has turned to less than 100k ![]() ![]() 2 Likes |
Re: Treasury Bills In Nigeria by aremso(m): 7:01pm On Jan 03, 2020 |
IyawoToBe: 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. 1 Like |
Re: Treasury Bills In Nigeria by IyawoToBe(f): 8:26pm On Jan 03, 2020 |
aremso:OMGeeeeeeeeeee ![]() 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by zohan101: 8:38pm On Jan 03, 2020 |
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?? 1 Like |
Re: Treasury Bills In Nigeria by seyisanya(m): 9:28pm On Jan 03, 2020 |
IyawoToBe: Don't forget to bring a good percentage for ikwobi and Malt ooo ![]() |
Re: Treasury Bills In Nigeria by seyisanya(m): 9:35pm On Jan 03, 2020 |
zohan101: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. |
Re: Treasury Bills In Nigeria by zohan101: 10:20pm On Jan 03, 2020 |
Yes, I have sent an email to my fund manager.. . seyisanya: |
Re: Treasury Bills In Nigeria by micluv111: 10:24pm On Jan 03, 2020 |
bugmenot: 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 |
Re: Treasury Bills In Nigeria by emmasoft(m): 10:34pm On Jan 03, 2020 |
zohan101: 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. 2 Likes |
Re: Treasury Bills In Nigeria by cutedharmee: 11:22pm On Jan 03, 2020 |
micluv111:Sterling bank own is worst |
Re: Treasury Bills In Nigeria by yomi007k(m): 11:25pm On Jan 03, 2020 |
aremso: Thank you for this information. I also have dangote flour shares. EDC Securities (Registrars) Limited (Formerly Oceanic Registrars Limited) Address: 154, Ikorodu Road, Onipanu, Shomolu, Lagos. Phone: +234 1 8103672, 7301260-1, 07043721311 |
Re: Treasury Bills In Nigeria by Akin3891: 11:28pm On Jan 03, 2020 |
emmasoft: just checked my account n yes you are right, the interest was paid into my account as at 31 dec,but what baffles me is that ,I had gained up to #20,000 as at the last time I checked my mmf account but only received 12,241 naira, the principal amount is 7m, investments runs for only 12 days, from dec 19th until 31st dec, furthermore, my present accrued balance shows *nothing* leaving 3 days investments not accounted for. How can accrued 20k gains be reduced to 12,241naira, eventhough some taxes were withheld , it shouldn't be that crazily much, is there anything I'm missing here? This kinda seems confusing unlike my lovely TBs which is always direct n unconfusing |
Re: Treasury Bills In Nigeria by richforever123: 1:17am On Jan 04, 2020 |
In the UK TB rate is 0.75 In the US TB rate is 1.75 We are all shouting that there are no jobs, in a healthy economy, the Government does not provide all the jobs, it is the Entrepreneurs that do that. If we are all subscribing to Tbills, who will create the jobs for the masses In as much I am sad about the dwindling TB rates (including the closing of borders) it the right step in the development of the country and as a Patriotic citizen I commend the FG's efforts 7 Likes 1 Share |
(1) (2) (3) ... (1023) (1024) (1025) (1026) (1027) (1028) (1029) ... (2260) (Reply)
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: 3 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 71 |