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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4618640 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): 11:58am On Apr 24, 2020 |
Theconglomerate: Forward thinking businesses will take what she wrote into consideration. Obviously things won't be same again after this global crisis. Read the summary of the webinar by IMF 3 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 12:02pm On Apr 24, 2020 |
emmanuelewumi:That is why I put question Marks at the end of every sentence.Because I did not understand what she meant and would love her to elaborate. 1 Like |
Re: Treasury Bills In Nigeria by olujaidi: 12:37pm On Apr 24, 2020 |
Theconglomerate: Stuff like- what if social distancing becomes a way of life and people stop or reduce going to bars and joints, or they consume it in a different way that your operation isn't structured to cater for? What if people become more health conscious and shun alcohol or suya or catfish? What if the channel of consumption changes? What if exchange rate affects cost of inputs and makes the booze etc harder to purchase? What if people would rather spend their leisure elsewhere or do something different? What if the spending priorities of the target customers change? What if the customers lose purchasing power because of job losses? What if insecurity increases and makes them stay home? What of direct and indirect competition? New entrants to the location? What of legal changes that could become permanent? Say a cap of 100 people at a location? Or no walk in customers are allowed? How will the customer experience evolve? What if nothing changes? What if , what if, what if... This pandemic has changed things which won't be obvious until sometime in future. Some things won't change sha. How will your business adapt? 14 Likes |
Re: Treasury Bills In Nigeria by 12inchess: 12:43pm On Apr 24, 2020 |
Hello All! I have about 12 to 14 million naira in treasury bills. Things were pretty good as I had been doing this for years since naira was pretty stable. But the naira was devalued in March. I'm beginning to feel like Nigerian treasury bills is not even a good way to keep the value of your money. Since the money is always been devalued for example in March this year. What is the point of huge interest rate that will eventually get devalued. Does anyone here know of somewhere I can invest this money and still keep the value. Note I'm a longterm investor and I prefer to play it safe with manageable interests as long as my initial capital's value is kept. Thanks in anticipation. |
Re: Treasury Bills In Nigeria by 12inchess: 12:45pm On Apr 24, 2020 |
olujaidi:You're very right. I'm not an alcoholic but I consume alcohol leisure at home. Ever since the pandemic, my brother I don't drink again oooo. For a Month now. I want my immunity in top shape abeg. 5 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:47pm On Apr 24, 2020 |
12inchess: We have dollar denominated investments, contact your investment advisers. One the long run real estate and Investment in some businesses and companies, will give you a hedge against devaluation, reason why some of us preach investments diversification 3 Likes |
Re: Treasury Bills In Nigeria by 12inchess: 12:54pm On Apr 24, 2020 |
emmanuelewumi:Im not too comfortable with stocks and shares in Nigeria because of the huge inside trading that I believe to be taking place. It usually only benefits the Dangotes and Otedolas. I'm pretty much looking for how to keep or you can call it save my 12 to 14 million with least risk from naira devaluation. I'm thinking the way to do that is to invest it in some sort of foreign currency. Do you have any ideas. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:56pm On Apr 24, 2020 |
12inchess: I gave three options, at least one of the options should be considered, if not think of what you think you can do with your funds 4 Likes |
Re: Treasury Bills In Nigeria by olujaidi: 12:57pm On Apr 24, 2020 |
12inchess: He's answered your question. FX denominated investment |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:04pm On Apr 24, 2020 |
olujaidi: On the long run real estate. And some Businesses that get part of their revenue in dollars. Eg. Dangote cement Seplat Airtel Africa MTN 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:05pm On Apr 24, 2020 |
No matter the devaluation businesses like Nestle always best inflation on the long run, I don't know how they do it 2 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 1:05pm On Apr 24, 2020 |
12inchess:Thank you,I appreciate. |
Re: Treasury Bills In Nigeria by 4tunebest(f): 1:18pm On Apr 24, 2020 |
emmanuelewumi: Honestly, Nestle has always been of special interest to me due to this point you stated. I've always wondered about this, since the early 2000s. Please how do I get to buy their shares? Thanks in advance |
Re: Treasury Bills In Nigeria by 12inchess: 1:55pm On Apr 24, 2020 |
I'm not interested in shares or stocks. 1 Like |
Re: Treasury Bills In Nigeria by afroxyz: 2:10pm On Apr 24, 2020 |
You people give humans too much credit. History has shown that human always forget. Social distancing won't become a regular thing becAuse as human beings we are wired to be social. Anti-socialism reduces our humanity. That's why escaped convicts are always caught when they reach out to family or friends (something you would not do logically). Pattern of consumption may change because many people may want to stock up more in the future . Also people would want to be more liquid and be cautious of where they tie their money down. Jobs would be lost. But more jobs would be created for those that are creative. There would be a shift for online, technological ways of conducting business. I see AI playing a more dominant role in businesses moving forward. But if na Nigerians. Leave . We no dey change. We have refused to change our attitude during the pandemic. People are still taking tricks laden with food stuff to reach their destination. Police is till complicit in enabling this despite the embargo placed by the government. Is it post pandemic that people would change? olujaidi: 7 Likes |
Re: Treasury Bills In Nigeria by afroxyz: 2:12pm On Apr 24, 2020 |
Pa, are you conversant with buying foreign stocks through apps like Trevo. Can you shed more light on this? |
Re: Treasury Bills In Nigeria by ozymes: 2:19pm On Apr 24, 2020 |
N350/$1? TotoNaRubber: 1 Like |
Re: Treasury Bills In Nigeria by missjekyll: 2:59pm On Apr 24, 2020 |
[quote author=afroxyz post=88802948]You people give humans too much credit. History has shown that human always forget. Social distancing won't become a regular thing becAuse as human beings we are wired to be social. Anti-socialism reduces our humanity. That's why escaped convicts are always caught when they reach out to family or friends (something you would not do logically). Pattern of consumption may change because many people may want to stock up more in the future . Also people would want to be more liquid and be cautious of where they tie their money down. Jobs would be lost. But more jobs would be created for those that are creative. There would be a shift for online, technological ways of conducting business. I see AI playing a more dominant role in businesses moving forward. But if na Nigerians. Leave . We no dey change. We have refused to change our attitude during the pandemic. People are still taking tricks laden with food stuff to reach their destination. Police is till complicit in enabling this despite the embargo placed by the government. Is it post pandemic that people As lawless as we may be, if you havent got any money,you ll moderate your behaviour by yourself and with yourself. For example:compare spending during Jonathan's regime with that during buharis regime. I would probably say that businesses which supply peoples NEEDS as opposed to WANTS have a greater chance of surviving the next few years. 1 Like |
Re: Treasury Bills In Nigeria by olujaidi: 3:27pm On Apr 24, 2020 |
afroxyz: If you read my post, you'd have seen where I said some things might not change. All those things were based on what if scenarios. No change is also a scenario. It's just thinking ahead to make you responsive to changes. Change comes with risk and opportunities. Utilise the opportunity and manage the risk 3 Likes |
Re: Treasury Bills In Nigeria by davit: 9:08pm On Apr 24, 2020 |
Guys what is our take on this? Anyone done TB with them before here? walexy14: |
Re: Treasury Bills In Nigeria by afroxyz: 10:42pm On Apr 24, 2020 |
olujaidi: Ok. We are brainstorming to see the best approach to take sha. |
Re: Treasury Bills In Nigeria by XiaoLi: 5:49am On Apr 25, 2020 |
Do tbills with Nigerian banks only if you must still do it to avoid heart attack and stories, forget about the high interest some companies/people might offer. davit: 3 Likes |
Re: Treasury Bills In Nigeria by odimbannamdi(m): 8:04am On Apr 25, 2020 |
Theconglomerate: Aviation Interior design companies are already beginning to revolutionize and design COVID-proof sitting arrangements and designs in air planes. |
Re: Treasury Bills In Nigeria by ukay2: 8:13am On Apr 25, 2020 |
odimbannamdi: Waoooooo This is nice We should adapt with Coronavirus Life goes on |
Re: Treasury Bills In Nigeria by Gabrielclint(m): 9:05am On Apr 25, 2020 |
TotoNaRubber: My brother, good day. First as a real estate guru, I think the location of that property has reached its apex appreciation. For a plot of land to be kept at 30million naira 4 years ago and till now the land has only depreciated rather than appreciating, it calls for concerns that should be investigated. Buying a land for 25mil and building a block of flat there is not the best option. The break even is always far fetched because of the cost of the land. Before you consider the second option, you need to undertake some investigation to know the land use of the plot. It is not everywhere that you can just start a relaxation joint and the government will allow you. First try to know what type of activity the property was allocated for in the land use master plan of the area, otherwise you will venture into a business that you will spend millions to pay for deficiencies or bribe to the government. A friends big relaxation area was just demolished 3 months ago after only 3 yrs of operation because that's not the land use. My suggestion is, depending on the location and state you reside, you can look for cheaper lands in a place that is rapidly developing, use that 25mil and buy like 5 plots at 5mil each, in 2 years that 5mil land will become 10mil each. I bought some plots for 500,000 naira last year, just last month I checked and the property now worth 1 million each.. 100% in just 1 year, just because the government asphalted the road. Look deeper bro, real estate is the real deal if you investigate well. 17 Likes 1 Share |
Re: Treasury Bills In Nigeria by olujaidi: 10:44am On Apr 25, 2020 |
Gabrielclint: Is there a way to know government's plans for a certain area, how close they are to actualising them and the factors preventing them from doing so? |
Re: Treasury Bills In Nigeria by chigo4u: 11:30am On Apr 25, 2020 |
chigo4u:Oh well.. 500 today.. |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:55am On Apr 25, 2020 |
1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:46pm On Apr 25, 2020 |
olujaidi: Talk to Town planners or make enquiries at the Ministry of land and housing 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:59pm On Apr 25, 2020 |
Gabrielclint: Good advice. His option will depend on the size of the fund at his disposal. Developing the property and getting N6 million rental income won't be a bad idea either provided the rental income can grow by about 5% per annum. Your suggestion about using N25 million to buy 5 plots of land and leaving the land to appreciate is speculative and people have lost big money speculating on real estate. I will suggest buying 3 plots of land, and use N10 million to build a bungalow of 2 flats. Then rent out the apartments, the first rental income from the property will be used to fence the property. The undeveloped 2 plots will be like a garden or farm for the developed plot of land With this your have taken physical possession of your property, you are getting cash flow from your property and you have protected your land from land grabbers 11 Likes 2 Shares |
Re: Treasury Bills In Nigeria by Gabrielclint(m): 4:03pm On Apr 25, 2020 |
olujaidi: Sure.. Every state has a land use plan which is with the ministry of lands or the town planning authority.. A place where a plot of land is sold for 25mil will definetely be a developed area and must have a land use plan.. 3 Likes |
Re: Treasury Bills In Nigeria by Gabrielclint(m): 4:08pm On Apr 25, 2020 |
emmanuelewumi: Nice one sir You wount just go and buy a land anywhere. There are places that the government has mapped out for development. In Nigeria we development is usually Transit Oriented development (Tod). If one knows a place the government is trying to build roads, its always best to invest there.. The appreciation value of such places grows geometrically. Not just roads, but maybe other developments like housing estates and others.. 3 Likes |
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