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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4665043 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 ahiboilandgas: 6:36pm On Jan 12, 2020 |
cirtapoyat:u dont have too...if u like spend 1 bn 8 Likes |
Re: Treasury Bills In Nigeria by Plus10(m): 6:51pm On Jan 12, 2020 |
ukay2:Thanks 1 Like |
Re: Treasury Bills In Nigeria by Ibrahim505(m): 6:56pm On Jan 12, 2020 |
cirtapoyat:If you can manage to buy the building materials yourself from wholesalers and even coached the project yourself, you can build a similar house with same quality for 12 - 14m. 4 Likes |
Re: Treasury Bills In Nigeria by Jejebabaa: 6:56pm On Jan 12, 2020 |
Plus10: I think the issue with your stock is liquidity. You have to always look out for volumes traded in the particular stock you have in mind before buying it. If you buy illiquid stock, it will be difficult to exit such stock. 6 Likes |
Re: Treasury Bills In Nigeria by IamR: 6:59pm On Jan 12, 2020 |
cirtapoyat:You just have to believe. I spent 7M to build a bungalow in 2013; In the same 2013, it cost my younger brother 5M to build same. 4 Likes |
Re: Treasury Bills In Nigeria by IamR: 7:00pm On Jan 12, 2020 |
Ibrahim505:That was the mistake I made. I entrusted everything to a friend. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:08pm On Jan 12, 2020 |
IamR: What are friends for? Your friend saved you from stress and also saved your time. Paying a premium of N2million is not too much, for the sake of your friendship. I am sure while your friend assisted you with the building of your house, the project provided a source of income to your friend and his family. 11 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Plus10(m): 7:12pm On Jan 12, 2020 |
Jejebabaa:Thanks sir |
Re: Treasury Bills In Nigeria by IamR: 7:17pm On Jan 12, 2020 |
emmanuelewumi:You are very right sir. To be honest with you, I have never looked at it from that angle. I paid too much attention to side talks. My friend deserves commendation. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:25pm On Jan 12, 2020 |
IamR: You paid a premium of N2 million, if you are a very busy person who does not have the luxury of time and you know that the time and energy spent monitoring your building project, you can miss deals or businesses that will fetch you N5 million and above. The best bet is to pay the premium and face your core area of specialisation that will fetch you more than what you are planning to save. 12 Likes |
Re: Treasury Bills In Nigeria by isangjohnson: 7:37pm On Jan 12, 2020 |
Please which area in Lagos is this address located? I was told FBNQuest office is in 16-18 Keffi Street, Off Awolowo Road in Ikoyi. Please do they have any office in Ikeja? I'll also like to know if there's FSDH Office in Ikeja as well. |
Re: Treasury Bills In Nigeria by IamR: 7:42pm On Jan 12, 2020 |
emmanuelewumi:Very true. Even my Mrs is feeling bad for tagging him a bad friend. She will be calling him next month to get her a piece of land. Thank you, elder. You just saved an almost dead friendship. 7 Likes |
Re: Treasury Bills In Nigeria by igbizen(m): 8:00pm On Jan 12, 2020 |
Just some months back some where criticizing buildings as bad investments as compared to treasury bills. Now that treasury bills is experiencing all time low interest rates , they won’t see it as vacancy rate as compared to building/rent. If I had abandoned my project by now all these cash flows coming in this January won’t have been possible. Would have been looking at the cash in the bank waiting for CBN policy to be reversed. 7 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:21pm On Jan 12, 2020 |
igbizen: Treasury Bill, bonds, Eurobond, money market funds, real estate, personal business, stock market, jobs are all Investment vehicles and none is superior to the other because they serve different purposes. To move from point A to B, we have bicycles, motor bikes, cars, truck, lorry, boat, trailer, train, aeroplane, ship. What will determine our mode of transportation from point A to point B is the distance, terrain, sizes of our luggage etc. None of the vehicles is better than the other because they have different purposes, their suitability is determined by circumstantial variables. Same with the various Investments and asset classes. 13 Likes |
Re: Treasury Bills In Nigeria by igbizen(m): 8:38pm On Jan 12, 2020 |
emmanuelewumi:Exactly |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:19pm On Jan 12, 2020 |
emmanuelewumi:..i went round the Neigbourhood to look at new developemnt ,i normally do road work but my main intention is to guage new millions pouring into the neighbourhood or find cheap deals so i stumble an and old plots 6 units of 75 by 50 feets in the medium dentisty area well fenced been demolished so buyers could access it....so i quickly recollected that i know the owner he bought 6 units for around 5m total in 2003 @800 each .and left for America ....so i ask the land if the owner is still same guy based in america ,he said yes and how much is the price .......15m each .....15x 6=90m ......they have sold 2 already within 15 days ....i went home thinking why did i buy Honda henessy 1.5m in 2004 if for buy 2 plots then ....kai 8 Likes |
Re: Treasury Bills In Nigeria by Kereokwu(f): 9:27pm On Jan 12, 2020 |
Wow, I want to say a big thank you to all the contributors here, so much too learn. God bless you all richly in Jesus name Amen. Well I have decided to try mmf using fbn quest since tb is too low, now here are my questions: a1. Will my capital be preserved just like tb? 2. What are the tenure(tb has 30d, 60days etc) 3. Can I pull out my funds anytime it matures 4. Any charges? 5. Pls fbn quest mmf office in Abuja. b. Now for fg savings bonds what is the minimum tenure? 2. Can I get it at any commercial bank? 3. Wht are the rates now? For someone who is learning stock and decides to buy 50k of( E.g uacn or Access), is the person a share holder or what is the difference. C. What is FSDH? Thanks a million folds in anticipation for the reply. |
Re: Treasury Bills In Nigeria by MANNABBQGRILLS: 9:49pm On Jan 12, 2020 |
Gokoyer0:Richforever123, Beware of SCAMMERS! You've been warned! 3 Likes 2 Shares |
Re: Treasury Bills In Nigeria by odimbannamdi(m): 9:53pm On Jan 12, 2020 |
ndidigood: We will appreciate if you can give us a little stock-trading tips. Thanks ma'am |
Re: Treasury Bills In Nigeria by Boyhood: 10:09pm On Jan 12, 2020 |
Kereokwu:All your questions on mutual fund (MMF) and FBNquest has answers in here https://www.nairaland.com/1912965/mutual-funds/216 |
Re: Treasury Bills In Nigeria by ukay2: 10:11pm On Jan 12, 2020 |
Tyche: I will look for the Generational Thinking Message. ..Thank you Sir |
Re: Treasury Bills In Nigeria by Jgoldie: 10:11pm On Jan 12, 2020 |
I want to fixed deposit 250,000 with Fcmb bank,pls is anyone aware of how much I will get after 30days |
Re: Treasury Bills In Nigeria by ukay2: 10:16pm On Jan 12, 2020 |
BlessedHay: Please sorry for late response. Sir, I hope the financial institution is still functional. If you bought the stock from IPO, then dematerilize the shares via your stockbroker. ...they will advise you further. The prices of shares are in nse.com.ng website, which you can Google and calculate it base on the number of units you have. 1 Like |
Re: Treasury Bills In Nigeria by Grupo(m): 10:21pm On Jan 12, 2020 |
Jgoldie: Won't be significant, so don't do it! 1 Like |
Re: Treasury Bills In Nigeria by oluwaleokey: 10:23pm On Jan 12, 2020 |
I just stumbled this thread while searching for an info...i must commend the wealth of knowledge being shared here although i have never been a fan of bond, fixed deposit, stock market stuffs probably because its complex and i have never made out time to study & understand it however with the level of info here, i think i stand to learn alot... That said, Biko, For someone that works but als have side hustles about 6 kekes runing hire purchase arrangement plus a biz that fetches about 70k per month... thats my investments for now, no stock market investment or stuffs like that (is it bad?) Please any advise on how grow or double my cash flow would be highly appreciated coz the 10M, 18M etc that i read here eh... me self dey admire am biko... na like this we go take build... I am following sha 4 Likes |
Re: Treasury Bills In Nigeria by Kereokwu(f): 10:23pm On Jan 12, 2020 |
Boyhood: The page has issues on mmf interests not paid correctly, delayed response to emails, arm mmf. Maybe it's not the right page. Pls house/forum I really need urgent reply to my earlier questions: Wow I want to say a big thank you all the contributors here, so much too learn. God bless you all richly in Jesus name Amen. Well I have decided to try mmf using fbn quest since tb is too low, now here are my questions: a1. Will my capital be preserved just like tb? 2. What are the tenure(tb has 30d, 60days etc) 3. Can I pull out my funds anytime it matures 4. Any charges? b. Now for fg savings bonds what is the minimum tenure? 2. Can I get it at any commercial bank? What are the rates now? For someone who is learning stock and decides to buy 50k of( E.g uacn or Access), is the person a share holder or what is the difference. C. What is FS questions. Thanks |
Re: Treasury Bills In Nigeria by Boyhood: 10:30pm On Jan 12, 2020 |
Kereokwu:You obviously read some few last pages and not the early pages that started the thread 2 Likes |
Re: Treasury Bills In Nigeria by ukay2: 10:31pm On Jan 12, 2020 |
ahiboilandgas: Sir, No need regretting buying your Honda. ... Other opportunities are available now too.....key into it. |
Re: Treasury Bills In Nigeria by richforever123: 10:47pm On Jan 12, 2020 |
Kereokwu: I asked a similar question here, but no one responded, I had to go do some research on my own in the Mutual Fund Thread, after reading from page 1 - 70 here are my finding You capital is not preserved like TB, in the event that the Fund Managers go down, your fund goes with them Most have a Tenure of 3 months You can pull out your funds on Maturity They charge around 1.8% I dont know the answer the No 5, a quick Google search will help FGN Bonds is a minimum of 2 years You can get at Commercial Banks Rate are b/w 7 - 8% Best Regards Rich Forever |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:00pm On Jan 12, 2020 |
ukay2:na play i dey play i just remember say i buy car 1.5 then |
Re: Treasury Bills In Nigeria by ukay2: 11:01pm On Jan 12, 2020 |
ahiboilandgas: Ok Sir |
Re: Treasury Bills In Nigeria by unite4real: 11:09pm On Jan 12, 2020 |
Jgoldie: Less than N500 naira. It can't even cover your transport to and from the bank. 1 Like |
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