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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4603696 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: 11:14pm On Apr 28, 2020 |
ukay2:the problem is the 10 trillion pension funds sitting idle with narrow room to invest, they are willing to accept 2 percent...the Dmo and cbn has found so omo at 13 for fdiand banks by cbn to get forex and manage liquidity ..the dmo do Ntb at 4.2 and saving bond at 6 to grap the pension funds and other idle funds ....now mnc firms are also targeting Nb com paper , dangote bond 11 , flour mills @ 7 so now bank will announce bonds at 9 and suck up cheap money then loan out at 23 2 Likes |
Re: Treasury Bills In Nigeria by Diyke4rich: 11:15pm On Apr 28, 2020 |
Yes i am the person you are right when i bought the house dollar was 180, i have managed to recoup 10m plus from the rent, also invested part of the rent to my project in my place and in treasury bill just to see if i can keep the value of my money, the only problem from 2016 i started renting the property the rental value does not increase still that 3m to 3.2m. Note i am not in the country so i will patiently wait to recoup all my money in years to come, i also believe the value of the property is also increasing as well. Pascopele: 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by OBelz(f): 11:20pm On Apr 28, 2020 |
Thisnut:Commercial buildings give rental income better than residential buildings 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:24pm On Apr 28, 2020 |
This pension accounts is a disaster in the long term....u have 3,600,000 million in Rsa (10000 usd ) in 2019 now 2020 your have 8200 dollars (3,700,000) by the time u retire u will have 15m naira(rsa ) but dollars will be 1000 naira now 15000 dollars...a bag of cement will be 15k and one block will be 1500 naira ....a tukobo corolla(2025 ) model will be .....10m or 10000k dollars .....while u friend in America will be having 410k dollars in his ras accounts 410m naira he land Nigeria to buy up the streets 17 Likes |
Re: Treasury Bills In Nigeria by meine: 11:25pm On Apr 28, 2020 |
Theconglomerate: Kid how old are you? Only a baby will gloat when hard working investors hit a rough patch in a depressed economy. I wish not to meet your type in real life. Let me break it down for you, because right now you have a narrow and myopic perspective. In the medium term there is no gainer or loser in this devaluation game. Its a lose-lose for both the importer and the buyer. Lets assume you make 30% from the current rise in dollar. In few months time you will exhaust your wares and will buy dollar at N500. By the time your goods arrive in Naija dollar might have dropped to N450. There goes part of your profit. Secondly,in a depressed economy purchasing power of consumers reduces. So if you have been selling 100units of your product before now,you will sell maybe 50 units. Revenue is bound to drop. So there goes another part of your profit. Now to the 3rd leg,if you decide not to import anything to protect your profit for some months,you wont record any revenue in those months. You will be trapped. ![]() I doff my hat to the fixed income investors here,youve made some margin on your investment. Lets say 10 to 15 percent return. Once you get the principal and capital find other good ways to compound it. Its not a hopeless situation. Ignore this child. 28 Likes 3 Shares |
Re: Treasury Bills In Nigeria by OBelz(f): 11:30pm On Apr 28, 2020 |
ukay2:Rates MIGHT go up if the "men" at the top want to help Otherwise, excess liquidity may dilute possible rate increase |
Re: Treasury Bills In Nigeria by cirtapoyat: 11:30pm On Apr 28, 2020 |
Theconglomerate:My brother I get your point but the question is where do you see the goods to buy now? And how do you bring it to your store except one is a rice seller. I'm open to your advice. 2 Likes |
Re: Treasury Bills In Nigeria by Chiscomax(m): 11:32pm On Apr 28, 2020 |
Thisnut: The way you people are quoting money here when... are you sure that all of us are in same Nigeria? Make una show us way. 2 Likes |
Re: Treasury Bills In Nigeria by ukay2: 11:36pm On Apr 28, 2020 |
ahiboilandgas: Very true Sir. Let see how this development hels NTB. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:37pm On Apr 28, 2020 |
Chiscomax:go to covid donation list and see money...rabiu donated 3.3 bn yesterday after 1bn.... 10 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:38pm On Apr 28, 2020 |
cirtapoyat:what can you sell let me see where I can point to you. |
Re: Treasury Bills In Nigeria by Chiscomax(m): 11:38pm On Apr 28, 2020 |
ahiboilandgas: Ahib Oil and Gas, show us the way... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:43pm On Apr 28, 2020 |
Chiscomax:u sabi drive trailer? 17 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:44pm On Apr 28, 2020 |
meine:If not that I am one hoarder of the hows to do business,I would have given you a step by step guide on how to milk Nigerian recessions like a don but then,I'm just a tomato seller with 25k capital.Know that and don't expect much from me. We aren't out to impress no more nwanne,so save your classroom economics for basic cycle kids that needs them ![]() Bye nna. 1 Like |
Re: Treasury Bills In Nigeria by Chiscomax(m): 11:45pm On Apr 28, 2020 |
ahiboilandgas: I can learn that sir. Do you own a filling station? |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:47pm On Apr 28, 2020 |
Chiscomax:yes |
Re: Treasury Bills In Nigeria by Chiscomax(m): 11:52pm On Apr 28, 2020 |
ahiboilandgas: Okay sir, how to apply? |
Re: Treasury Bills In Nigeria by missjekyll: 11:53pm On Apr 28, 2020 |
Theconglomerate: Alleluia! are you finally imbibing the spirit of the thread?! Praise the lord! 5 Likes |
Re: Treasury Bills In Nigeria by rmx: 11:58pm On Apr 28, 2020 |
Theconglomerate: There is only so much you can do , depending on your scale of operations might not be possible to change all funds to dollars or stocks , you will need naira for operational expenses , purchase of some local inputs , salaries , diesel etc You might need some naira to take advantage of local opportunities that will eventually arise and for emergencies Even importers will need naira for custom duty , shipping , terminal duties , other clearing charges etc Buying dollars now at 460 might be risky , nobody knows what will happen , might be lucky if you are an importer and you get your goods down to Nigeria quickly and there is scarcity . Scarcity happens in uncertain times like this because some people will stop importation All the best to everyone , things definitely not looking good for the economy, hardship and serious inflation due to devaluation is coming if not already here , it’s deja vu all over again 1 Like |
Re: Treasury Bills In Nigeria by cirtapoyat: 11:59pm On Apr 28, 2020 |
Theconglomerate: Electronics, office equipment and computers. It doesn't need to be restricted to these alone. Van be any goods/Products that can hold value and be easily sold. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:05am On Apr 29, 2020 |
Chiscomax:As? What value addition to the business? 2 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 12:09am On Apr 29, 2020 |
cirtapoyat:modified ![]() |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 12:10am On Apr 29, 2020 |
rmx:I didn't say import,I said buy locally from giant merchants(importers) here,all naira transactions. Buying any commodity in foreign currency is very risky now!!! 4 Likes |
Re: Treasury Bills In Nigeria by rmx: 12:26am On Apr 29, 2020 |
[quote author=Theconglomerate post=88970718]I didn't say import,I said buy locally from giant merchants(importers) here,all naira transactions. Buying any commodity in foreign currency is very risky now!!![/ Ok True , u can make money that way as most importers or manufacturers have not fully priced in dollar at current rates in there costing Reminds me of something that happened today , one of my distributors wanted 1000 carton of a particular product We have been rationing because the price was low , told my warehouse mgr to give him 20 cartons ![]() ![]() |
Re: Treasury Bills In Nigeria by abraolas1: 12:33am On Apr 29, 2020 |
Ijeoma660: 7E ? |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 12:36am On Apr 29, 2020 |
Ehen |
Re: Treasury Bills In Nigeria by globalresource: 12:43am On Apr 29, 2020 |
OgogoroFreak: I'm given u an example. Few bought Btc at 18k since 2017 and it has not even reach that level till date. Btc is good but my point is dont invest all. Cos of newbie. It can hurt them 7 Likes |
Re: Treasury Bills In Nigeria by Chiscomax(m): 1:05am On Apr 29, 2020 |
ahiboilandgas: to drive tank and deliver your products across Nigeria. Can we discuss more in private sir? |
Re: Treasury Bills In Nigeria by CsRockefeller(m): 1:07am On Apr 29, 2020 |
Chiscomax: As in eh. Me I go enter here see figures, read and go. My hand never too reach. 1 Like |
Re: Treasury Bills In Nigeria by Chiscomax(m): 1:09am On Apr 29, 2020 |
CsRockefeller: are we not working hard enough? |
Re: Treasury Bills In Nigeria by Nobody: 1:11am On Apr 29, 2020 |
OgogoroFreak:Where do you buy your bitcoin from please? And where to sell to? I’m still looking for a convenient way of buying. 1 Like |
Re: Treasury Bills In Nigeria by CsRockefeller(m): 1:18am On Apr 29, 2020 |
Chiscomax: My brother, being hardworking is relative. Being an employee in Lagos isnt easy. 1 Like |
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