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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4679550 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 emmanuelewumi(m): 1:07pm On Apr 22, 2020 |
The other time I highlighted the importance of having cash reserves, it is important for individuals, businesses and countries. Companies like Zenith bank have over N500 billion in reserves, Apple has over $120 billion, Warren Buffet has almost $100 billion. While Nigeria with over 200 million people has less than $40 billion. I doubt if the state governments have any reserves at all Assuming our country has enough cash reserves, workers who have been paying tax for a minimum of 12 months ought to be given at 50% of their monthly salaries as palliatives because of the pandemic. Airline companies won't pay April salaries to their workers. I got a rude shock from the Internal Revenue Service about 2 weeks ago, asking why I have not forwarded the March PAYE tax of my workers to them. FG might not have money to share to the states as from May. Unfortunately it is businesses that the state governments will tax and stress in order to get enough funds to pay civil servants and manage the states. The current or expected recession is going to affect workers, businesses, business owners, self employed, traders, citizens, governments, tithers, non-thithers, pastors, parishioners, side chicks, sugar daddies, tenants, landlords, celebrities, fans, political, poor, rich, old , young, urban dwellers, rural people, students, the list is endless. May God help us to put an end to this, so that the economy will start looking up. It will definitely require a big miracle for Lagos not to be locked down for beyond 2 months which is 8 weeks 13 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:08pm On Apr 22, 2020 |
IamR: What business are they into |
Re: Treasury Bills In Nigeria by Desanta(m): 1:11pm On Apr 22, 2020 |
emmanuelewumi:It will be on record that they were warned and history will vindicate us. 4 Likes |
Re: Treasury Bills In Nigeria by kristien4(m): 1:13pm On Apr 22, 2020 |
Sholapey:Please can I know you better, can we hangout? |
Re: Treasury Bills In Nigeria by IamR: 1:16pm On Apr 22, 2020 |
emmanuelewumi:35% interest for 30 working days 20% interest for 20 working days 10% interest for 10 working days They said they are into: Insurra Binary Insurra Forex Telecommunication Transportation Logistics Mobile Devices I heard Abeokuta people are not smiling now. 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:21pm On Apr 22, 2020 |
IamR: There will always be new mugus. If they come back to Abeokuta in 5 years time, they will still make money from another set of mugus Because the average person love short cuts, are lazy but want the good things of life. If it is too good to be true, then it should be a scam 2 Likes |
Re: Treasury Bills In Nigeria by IamR: 1:27pm On Apr 22, 2020 |
emmanuelewumi:This is too good. |
Re: Treasury Bills In Nigeria by Nobody: 2:27pm On Apr 22, 2020 |
kristien4:Lol...No we can't! We were warned to keep social distancing, I'm a law abiding citizen. 11 Likes |
Re: Treasury Bills In Nigeria by afroxyz: 2:31pm On Apr 22, 2020 |
MelesZanawi:This is actually sieving the wheat from chaff 2 Likes |
Re: Treasury Bills In Nigeria by TotoNaRubber: 2:32pm On Apr 22, 2020 |
The decline in oil revenue for Nigeria will last for months to come, other countries badly hit by this fall are Ecuador, Iraq. Logically, since Nigeria earns less USD since the decline in oil revenue and has high demand of USD from Importers, multinationals, businesses operating in Nigeria, it is only a matter of time before the CBN devalues the Naira. Someone from my office offered me 500 dollars today at N350/$, deal or no deal guys?
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:32pm On Apr 22, 2020 |
Sholapey: Social distance is quite different from mutual distance. @ Kristien4, madam is happily married so you might not need to know her better than this. 8 Likes |
Re: Treasury Bills In Nigeria by Nobody: 2:37pm On Apr 22, 2020 |
emmanuelewumi:Thank you sir! Happily married with kids. 8 Likes |
Re: Treasury Bills In Nigeria by kristien4(m): 2:44pm On Apr 22, 2020 |
emmanuelewumi:Lol.. Noted. |
Re: Treasury Bills In Nigeria by Franky826: 2:47pm On Apr 22, 2020 |
TotoNaRubber: It's a no brainer considering USD is currently selling for N410. What you should be checking is if the USD he has is counterfeit. 8 Likes |
Re: Treasury Bills In Nigeria by creategist: 2:48pm On Apr 22, 2020 |
Can someone please help me differentiate in simple-to-understand English the difference between coupon and yield rates? |
Re: Treasury Bills In Nigeria by damilola1978: 3:04pm On Apr 22, 2020 |
Well with the new policy that has stopped sale of dollars to BDC....I believe in the interim we wont be badly affected as such plus cost of petroleum products (which accounts for over 50% of the high demand) has plummeted too TotoNaRubber: 3 Likes |
Re: Treasury Bills In Nigeria by ukay2: 3:26pm On Apr 22, 2020 |
Franky826: Loooooool |
Re: Treasury Bills In Nigeria by X21: 3:27pm On Apr 22, 2020 |
[quote author=creategist post=88730858]Can someone please help me differentiate in simple-to-understand English the difference between coupon and yield rates? [/q coupon= original rate yield =current rate what you will get after buying from secondary market is the yield. cuopon is the rate at primary market 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 4:38pm On Apr 22, 2020 |
kristien4: emmanuelewumi: kristien4: I guess you now know her better. 1 Like |
Re: Treasury Bills In Nigeria by Chrisfaco(m): 5:20pm On Apr 22, 2020 |
[quote author=emmanuelewumi post=88664037] This will also pass away, don't lose faith, keep praying and hoping It is a lesson for all of u new to nairaland just checking it out |
Re: Treasury Bills In Nigeria by walexy14(m): 7:16pm On Apr 22, 2020 |
Rosabon offers high returns on Q2 Treasury Note... Rosabon Financial Services has offered for subscription, its second quarter Treasury Note to help customers save during this COVID-19 period. The company in statement said that Rosabon Treasury Note (RTN) offers high returns, with opportunity for interest rate as high as 16.5 per cent.The Rosabon Treasury Note (RTN), which is a bulk fund placement offering that allows individuals to gain high returns on disposable funds, is available for both new and existing customers who are saving towards a financial goal. Read More: https://www.vanguardngr.com/2020/04/rosabon-offers-high-returns-on-q2-treasury-note/ 1 Like |
Re: Treasury Bills In Nigeria by mindtricks: 8:02pm On Apr 22, 2020 |
NL1960: Omo see word play. |
Re: Treasury Bills In Nigeria by Nnamz(m): 10:03pm On Apr 22, 2020 |
ahiboilandgas:I hope you're just trying to be funny cause if you're married (or committed to whatever kind of intimate relationship) you shouldn't have a side chic 3 Likes |
Re: Treasury Bills In Nigeria by rmx: 10:46pm On Apr 22, 2020 |
emmanuelewumi: Nigeria is a country of contradictions , with a lot of wrong priorities . we are in my estimation a poor country although they like to sugarcoat it by saying we are a middle income country , gdp per capital of around 2k dollar , the new poverty capital of the world with close to 90m people living below the poverty line We live beyond our means , we have some of the highest paid politicians in the world , the average nigeria is not left out . No savings , nothing We are not a very productive nation , bringing nothing to the table of world commerce and economy except raw produce like crude oil and agric produce , no value addition most times only to reimport refined/ value added products Add to that the colossal waste of our meagre national resources due to mismanagement and outright incompetence by our political and economic leaders over the past decades and you can begin to see the kind Of serious trouble we dey . Not mentioning corruption and Population growth that are still among the highest , problems boku More Serious winter is coming I join my faith to yours to hope for the miracle that will happen but at the same time I will prepare for winter 8 Likes |
Re: Treasury Bills In Nigeria by MelesZanawi: 11:16pm On Apr 22, 2020 |
Nnamz: Says who? I think that discussion is a private one. Let's not drag it too long on this thread. There are several threads in the family section for that. 1 Like |
Re: Treasury Bills In Nigeria by MelesZanawi: 11:19pm On Apr 22, 2020 |
afroxyz: I understand. |
Re: Treasury Bills In Nigeria by Nnamz(m): 12:21am On Apr 23, 2020 |
ahiboilandgas:Quick question for you chief. Can your wife also add a second husband? I remember you said she makes millions from her school (or schools) so she can afford it I presume. 3 Likes |
Re: Treasury Bills In Nigeria by Nnamz(m): 12:27am On Apr 23, 2020 |
emmanuelewumi:You were making sense until you said side chicks should know their position. In the first place there should not even be a position opened for side chicks. 6 Likes |
Re: Treasury Bills In Nigeria by Nnamz(m): 2:03am On Apr 23, 2020 |
MelesZanawi:Forget this second generation thing biko. Enjoy your life during your lifetime and give your kids what you owe them: good education. Let each generation fend for themselves abeg. 5 Likes |
Re: Treasury Bills In Nigeria by Nnamz(m): 2:19am On Apr 23, 2020 |
ositadima1:Is he Kunle aka healthserve aka...the rest I can't remember lol 5 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 3:49am On Apr 23, 2020 |
Nnamz:Have you seen any woman with two husbands in this part of the world? 4 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:14am On Apr 23, 2020 |
Nnamz: Just being realistic, men are naturally polygamist, some religions allow polygamy our culture also allows polygamy. Even if you are a monogamist, a successful man or a man who controls power and influence naturally attracts women. Some of the women could be admirers, some graduate from being admirers and want something more or serious 11 Likes |
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