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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4617991 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 ibechris(m): 2:29pm On Jan 04, 2020 |
ogawisdom: I invested once in TB and ever since I stopped because that profit was too small compared to what i might have gotten investing in the real sector. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:29pm On Jan 04, 2020 |
PETERiCHY: I always advise people to start small and get educated about what they want to invest in. A guy here Seyisanya bought at less than N6 in September and he is sitting on 50% profit. |
Re: Treasury Bills In Nigeria by seyisanya(m): 2:30pm On Jan 04, 2020 |
PETERiCHY:...Hahahaha, my oga you're here. I remember spotting Access @5.## and Wapco@9.## but told myself I needed to learn more about the fundamentals blah..blah..blah. Before I knew it, dem don waka ![]() ![]() |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:32pm On Jan 04, 2020 |
ibechris: If you have the time to do your own business, Treasury Bill is not for you. But you need to save up and build capital for the growth of your business. 1 Like |
Re: Treasury Bills In Nigeria by Adiwana: 3:01pm On Jan 04, 2020 |
Don't know why folks here keep on going back and forth with "real economy" guys. You guys should have known better to answer everybody that has an opinion. I have tbills of N20m that's maturing next month and you think i will touch N1 from it to invest in some phantom economy?? Money is already being made from whatever gave that cash so why get greedy?? You think I will suddenly rush and use that money and put in some stock market to make 17% a day??lol. Better put that money and make your 5%/annum and have your peace of mind or invest in something that will go into thin air.I don't talk my own finish.. 23 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Adiwana: 3:12pm On Jan 04, 2020 |
As business men,we all know diversification is key and very important. Stock/forex are great and myself is currently taking some online course to go into those fields but we should know better than to carry our life savings or money meant for investments to go and put into some "real economy" or something that gives some high percentage in 1 day. Those guys telling you all this will never tell you the amount they use in trading or doing what form of business or the other they claim give them those high yields. Don't go follow some advise in lose all your money 1 Like 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:17pm On Jan 04, 2020 |
Adiwana: I will advise you buy Eurobond, FG Bond or the ongoing Lagos State bond. Lagos State bond will pay you close to 12%. Treasury Bills will be going down to less than 1%, if Investor continue to bid for them. The last Treasury Bill bids were oversubscribed. Or buy a property with your N20 million provided it can get you a rent of N1.5 million per annum. Better still reinvest the fund into the business or venture which produced the N20 million 3 Likes |
Re: Treasury Bills In Nigeria by athorello(m): 3:25pm On Jan 04, 2020 |
ogawisdom: Lending rates can go below MPR? ![]() |
Re: Treasury Bills In Nigeria by rotile247(m): 4:28pm On Jan 04, 2020 |
ogawisdom: Very true except that Nigeria still import petroleum and petroleum products hence any Forex gained from high crude oil prices in international market is expended on petrol imports, subsidy and it's antecedents frauds. More so, we still import everything even tourism and health(Forex outflow) 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:31pm On Jan 04, 2020 |
bugmenot:bros all the accidents we recorded in our fleets was due to bad roads , fake brand new tyres , unroad worthy truck slamming into ours ....this is all failures of Nigeria goverment agency 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:36pm On Jan 04, 2020 |
Adiwana:it might go to 1 percent per anum...those billions chasing tb most find a new avenue , those 10 trillion pension fund must be put somewhere ..it a must....no two ways the 1 Like |
Re: Treasury Bills In Nigeria by gulfman02: 5:09pm On Jan 04, 2020 |
Chairman, I want to know if there is difference between Nigeria eurobond and FBN eurobond? Is it possible to buy Nigeria eurobond in secondary market? emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:23pm On Jan 04, 2020 |
gulfman02: FBN Eurobond Fund has a portfolio of Nigerian Eurobonds and Corporate Eurobonds, more likea mutual fund. You will need a minimum of $50,000 upward to personally invest in Nigerian Sovereign Eurobonds or Corporate Eurobonds. But with $1000 to $10,000 depending on the asset management firm you can invest in their Eurobond funds or dollar fund. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:26pm On Jan 04, 2020 |
ahiboilandgas: Pension fund are invested in real estate and the stock market but the company must have been paying dividend consistently for 5 years. I think PENCOM should allow workers to borrow against their pension contribution for the purchase of their houses. 6 Likes |
Re: Treasury Bills In Nigeria by gulfman02: 5:34pm On Jan 04, 2020 |
Thanks Boss, your explanation makes my research online more meaningful. emmanuelewumi: 2 Likes |
Re: Treasury Bills In Nigeria by Sach: 6:30pm On Jan 04, 2020 |
Donbrig: The currency has been hijacked by France and its former colonies ... |
Re: Treasury Bills In Nigeria by alwayspositive8: 6:30pm On Jan 04, 2020 |
You may have mistakenly chosen the option of paying your interest at initial setup,Its something you can discuss with your affluent officer if you want to make changes.However,i seem to like FBN compared to stanbic, I seem to understand there process more and they give good rates compared to stanbic... Akin3891: 4 Likes |
Re: Treasury Bills In Nigeria by alwayspositive8: 6:31pm On Jan 04, 2020 |
Thanks sir for the explanation ahiboilandgas: |
Re: Treasury Bills In Nigeria by ctleurocollege: 6:52pm On Jan 04, 2020 |
Adiwana: Oga, at 3.5% interest on TB in a double figure inflation economy you should buy a safe and lock up your money in the safety of your house if you don't know what to do with it. TBs is useless for now 14 Likes |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 7:10pm On Jan 04, 2020 |
ahiboilandgas: Even fixed deposit na 1% 1 Like
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Re: Treasury Bills In Nigeria by bugmenot: 7:16pm On Jan 04, 2020 |
See? All Nigerian businesses have similar stories. If there is a genuine interest to fix things, these are the starting points. Power supply, roads, security etc. All these will make the environment attractive to would-be investors. ahiboilandgas: |
Re: Treasury Bills In Nigeria by zamirikpo(m): 7:30pm On Jan 04, 2020 |
ahiboilandgas: The thing tire me ooh.....like staging a match between Barcelona and kano pillars. ![]() 1 Like |
Re: Treasury Bills In Nigeria by zamirikpo(m): 7:35pm On Jan 04, 2020 |
ogawisdom: Bad belle, u just jealous that people have millions, stashed away(no vex ooh) . Forgetting that they suffered for years to raise that sum and can't risk loosing it. The real funds that can change our economy are still getting TB at 13%. 13 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nnamz(m): 7:55pm On Jan 04, 2020 |
jslimz:Na my area be that haha. We enjoy steady power supply. In fact, it never goes off at night, although could go off in the day for like 5 minutes haha. All in all, Nigeria is still a useless country though until there is light everywhere 1 Like |
Re: Treasury Bills In Nigeria by thebargainhunte: 8:28pm On Jan 04, 2020 |
aremso: You are well loaded to have that profit in stock market, tuwale sir. |
Re: Treasury Bills In Nigeria by Nnamz(m): 8:30pm On Jan 04, 2020 |
needful:Good afternoon Madam. I don't know if anyone answered this question yet as I'm still catching up lol. But I think I saw on a previous page that 1 ECO = $1 |
Re: Treasury Bills In Nigeria by thebargainhunte: 8:34pm On Jan 04, 2020 |
richforever123: Are u kidding me? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:43pm On Jan 04, 2020 |
Nnamz: France and her colonies pegged the Eco to Euro Nigeria will prefer it to be pegged to the US dollar 1 Like |
Re: Treasury Bills In Nigeria by DigitalMallam: 8:54pm On Jan 04, 2020 |
emmanuelewumi: On a personal note, I'm done with Nigerian stock market. Even if Warren Buffet advise me, I won't change my mind. It's highly unpredictable and can be liken to baba-ijebu or bet9ja. I have some Unic insurance I bought way back, not even a kobo return over these yrs. Same with Nigerian Breweries share bought about four yrs ago at about N140/share now selling at about N58 or so. And these companies are still in business. How can one explain bizarre news below from Nairametrics. International Breweries end 2019 as worst performing stock. By Blurb Team @Nairametrics- January 2, 20200 International Breweries announces changes in management Wealth NG ads International Breweries started the year on a bounce hitting a high of N52.26 and about two weeks later it hit an all-time high of N58.69. Shareholders who still own the stock will remember this was in January 2018. It’s been downhill since then, closing 2018 at N27.97 a 46.4% negative return and one of the worst performers that year. As if things couldn’t get any worse, shareholders faced another tumultuous 2019 with the stock closing 2019 at N9.4 and a negative return of 69% With that, Nigeria’s second-largest brewer by revenue, International Breweries has ended 2019 with the unenviable record as the worst-performing stock of the year.. 1 Like |
Re: Treasury Bills In Nigeria by SATX: 10:15pm On Jan 04, 2020 |
Can you get the Lagos state bond through the bank? Or where would you recommend for one to get it from? Thanks emmanuelewumi: |
Re: Treasury Bills In Nigeria by seyisanya(m): 10:49pm On Jan 04, 2020 |
DigitalMallam: ![]() ![]() ![]() 1 Like |
Re: Treasury Bills In Nigeria by Nnamz(m): 10:57pm On Jan 04, 2020 |
richforever123:I hate to comment on stuff like this but let me try. Your FG is pocketing 100% of money meant for electricity, roads, infrastructure, etc. Your FG is also pocketing money meant for schools. Your FG flies overseas for treatment. So what are you commending them for? But that is not my point. These countries you have mentioned with low tb rate have steady power supply, good roads, and sound insurance. Did you know that if there was steady power supply in Nigeria everybody would be doing something just like in China? People would leave Canada and come to Nigeria to start a good business with their savings. When people in other developed nations plan a business, they do not take the cost of power into consideration. I mean, they do, but they do not plan to have their generator on for the whole day their business is open. Please wait till your FG stops pocketing the money meant for you and I, and starts doing good things in this country before you start commending them. Before I end this, your FG is using how much again . . . Yes 37 billion Naira (131 million Dollars) to renovate the House and Senate buildings. And because Buhari approved that spending, the stupid House and Senate did him a quid pro quo by approving the 23 freaking BILLION US DOLLARS he intends borrowing. Guess what? That borrowed money will be shared in Ghana must go bags amongst your FG, while you stay here commending them. And it is young people like me and our future generations that would pay these loans through our noses. Abeg no make me shout. 14 Likes 2 Shares |
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