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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4618809 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 Theconglomerate(m): 12:58pm On Apr 23, 2020 |
emmanuelewumi:Of course,how much is a basket of tomatoes? How long can it take me to raise 25k capital? ![]() People will always go into what they know,it is something recession can't change. Remember recessions don't last forever,thereby keeping people hopeful and in waiting for their businesses to bounce back. Switching businesses is not like buying bonds,it takes a lot of planning,faith,prep and capital. So trust me,people will always wait and lay helpless while those with the knowledge cash out steady. Before the rest of the people will build faith to get into it though,the ones already in it would have made so much that will become a very huge force to contend with in the same line of business,making every attempt futile for a newbie ![]() It is left for he who has the knowledge to maximise it to its fullest ![]() Na so we see am ooo |
Re: Treasury Bills In Nigeria by Desanta(m): 1:00pm On Apr 23, 2020 |
seanwilliam: In addition to all the advice above, save a minimum of 10% of all your income and invest it every quarter. If your rent is more than 20% of you income, then you are living above your means. 5 Likes |
Re: Treasury Bills In Nigeria by freeman67: 1:25pm On Apr 23, 2020 |
seanwilliam: Your small change will definitely have a pattern which it comes. It may come inform of salary, wages, earnings e.t.c In like manner you will have to design a pattern of giving too. You are not to turn to a bad person overnight...nope.. but you will need to set a limit to it.. decide a percentage you want to give out after you save and take care of your bill. If that amount is exhausted then whatever request that comes will have to wait till you earn again. You go need strong your mind small oooo till when you feel you have saved and invested to a particular level or when your earnings capabilities have improved and you feel you need to give out more. 7 Likes |
Re: Treasury Bills In Nigeria by TotoNaRubber: 2:07pm On Apr 23, 2020 |
I bought the whole $500 from him at N350/$, I took it aboki during lunch time today and behold they were all real. I was confident to buy from him as he is a colleague i see every week, he is a big man who thinks less about exchange rate. He said the cash has been sitting in an envelop and he believes it will be useful in my next trip, aboki is willing to buy at N415 per dollar as at today. I intend to keep it at home, hopefully it will be safe. Franky826: |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 2:20pm On Apr 23, 2020 |
TotoNaRubber:keep it. Naira is going to weaken more when the lockdown is lifted due to over demand for forex from businesses with low oil revenue fx to defend it. You'll get to make more money from the deal by selling then rather than now. But I wonder the kind of person that will lose 32k willingly all in the name of big man. Maybe he doesn't know all those aboki them and prefer to give it to you and cut his loss. Your luck!! 3 Likes |
Re: Treasury Bills In Nigeria by seanwilliam(m): 2:27pm On Apr 23, 2020 |
freeman67:I'll surely keep to that baba.that's why I'm perching here... 1 Like |
Re: Treasury Bills In Nigeria by 9jatriot(m): 2:30pm On Apr 23, 2020 |
Oga you allowed your dollar to touch the hands of an aboki and you did not change the dollar after that? Una get mind o. Stories abound of aboki exchanging real USD for fake USD simply for reneging on agreements and you asking them to return your money to you. Anyway, I believe you should be safe sha. In future, before you do that, ensure you write the serial number of the money or snap each of them before you hand it over. Even banks scan each dollar before handing them over to you. TotoNaRubber: 3 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 2:33pm On Apr 23, 2020 |
seanwilliam:You are poor |
Re: Treasury Bills In Nigeria by seanwilliam(m): 2:39pm On Apr 23, 2020 |
OgogoroFreak:yes I agree.. that's why I'm here so my eyes can open 11 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:42pm On Apr 23, 2020 |
OgogoroFreak: Poor is a state of the mind, broke is a state of the pocket. I want to believe he is currently broke, with the right attitude and mind set he will be better and okay 21 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 2:43pm On Apr 23, 2020 |
2 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 2:44pm On Apr 23, 2020 |
seanwilliam:let's just assume he was high on that thing his moniker depicts ![]() 3 Likes |
Re: Treasury Bills In Nigeria by IyawoToBe(f): 2:49pm On Apr 23, 2020 |
Tvegas: Tvegas is that you ![]() ![]() |
Re: Treasury Bills In Nigeria by missjekyll: 2:51pm On Apr 23, 2020 |
OgogoroFreak: really? or we are just joking and horsing around here? when did we start mocking newcomers here? I m not very happy about this 7 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:51pm On Apr 23, 2020 |
IyawoToBe: Which one is GBIA thread again? |
Re: Treasury Bills In Nigeria by handsomebolanle: 2:56pm On Apr 23, 2020 |
OgogoroFreak:Learn to Shut up!!!! 8 Likes |
Re: Treasury Bills In Nigeria by missjekyll: 3:01pm On Apr 23, 2020 |
maybe he was joking. I dont remember his being a troublemaker on this thread. |
Re: Treasury Bills In Nigeria by freeman67: 3:02pm On Apr 23, 2020 |
9jatriot: This scenario you painted is possible only if you deal with the roadside / dubious exchangers. If you walk into a real Bureau the Change nothing of such will happen. 1 Like |
Re: Treasury Bills In Nigeria by 9jatriot(m): 3:06pm On Apr 23, 2020 |
True, but I think the guy specifically mentioned aboki. Abokis tend to pay a better rate than BDPs though. Anyway, it is always good to know of certain risk in our actions so that you are better guided. freeman67: 1 Like |
Re: Treasury Bills In Nigeria by Tvegas(m): 3:34pm On Apr 23, 2020 |
IyawoToBe: Lol my person, how you dey? ![]() |
Re: Treasury Bills In Nigeria by Tvegas(m): 3:35pm On Apr 23, 2020 |
emmanuelewumi: Giving Birth in America,It was a vibrant thread in the travel section in its days. |
Re: Treasury Bills In Nigeria by Dsticks47(m): 3:35pm On Apr 23, 2020 |
..... |
Re: Treasury Bills In Nigeria by Dsticks47(m): 3:38pm On Apr 23, 2020 |
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Re: Treasury Bills In Nigeria by mindtricks: 3:59pm On Apr 23, 2020 |
emmanuelewumi: Rather sickening! And when we curse our looters Or should I say leaders, They say we are wailers ![]() I think they are monsters! 1 Like |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 4:03pm On Apr 23, 2020 |
mindtricks:Not looting per se. I think Nigeria don't make enough money for its size and population. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:11pm On Apr 23, 2020 |
Theconglomerate: Nigeria is poor, we don't generate enough income, the few income are mismanaged and looted, our population is growing higher than the economy, we failed to invest on critical infrastructure, we rely solely on crude oil and we have failed to diversify the economy 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:13pm On Apr 23, 2020 |
seanwilliam:Learn these 3 lessons 1. Success is impossible in the wrong environment. 2. Money is a reward for value in the right environment. 3. Do everything within your power to get out of the wrong environment. If you're finding it difficult to save money because of your circle.... then change your environment! 17 Likes 3 Shares |
Re: Treasury Bills In Nigeria by mindtricks: 4:17pm On Apr 23, 2020 |
seanwilliam: Reminds me, "Your Worst Enemy is Yourself". 1 Like |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 4:18pm On Apr 23, 2020 |
emmanuelewumi:Where I always get confused is who is responsible for the failed economic diversity? The government or the people? Because the only place I think the government failed is not generating enough electric power. Just my thought though. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:29pm On Apr 23, 2020 |
Theconglomerate: The people and the government. Agriculture is an area every state government ought to invest in, it will have a great effect on our GDP |
Re: Treasury Bills In Nigeria by Dsticks47(m): 4:40pm On Apr 23, 2020 |
Theconglomerate: TCN is generating enough power that can cater for 24/7 power supply but the issue is from the Distro and the final consumer. If every house should have prepaid meter then there won’t be issue of crazy bills. IKEDC buys 1000 unit of power at the rate of 5000 and distribute to Area M. Now Area M pays 3000 when asked to pay. |
Re: Treasury Bills In Nigeria by Nnamz(m): 5:00pm On Apr 23, 2020 |
MelesZanawi:I'm glad you took the time to go through my previous comments. I don't have that kind of time to do same for you. I have said what I said. Oh and by the way, my elders at home are the ones running Ebonyi. Look up the name Umahi. Down to my youngest uncle who is not even in politics, everyone moves with at least one police escort (now that is affluence). What are your own elders doing? Selling palm oil? I said what I said. 2 Likes |
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