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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4611440 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: 4:15pm On May 04, 2020 |
Olaide1295:sure ....hotel rooms will sell not that 25000 hotel rooms but that 7000 k room .....thousand of depot rep will soon be arriving to load product .... 4 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 4:18pm On May 04, 2020 |
zamirikpo:our fear must happen especially if u location has stiff competition...there no how to pay back the 14 BILLION dollars loan if dangote doest behave like a wolf ... ( profiting in all levels max) ....u make around 30k per truck of sugar.....that there track record |
Re: Treasury Bills In Nigeria by Nnamz(m): 4:47pm On May 04, 2020 |
emmanuelewumi:If there's any place you can save well, I can vouch for Canada. When I started my savings journey I had maybe 2 dollars in my bank account. Within 8 months I saved up $19,000 working minimum wage jobs round the clock. After getting out of minimum wage jobs my savings doubled and right now I'm on a saving spree saving at least between 70 and 80% of my bi weekly earnings. You can make it here if you're determined. The government would even give you a certain amount of monthly income for each kid till they turn 18, plus free education until university level so you cannot say it's the children that is stopping your progress. Na your village people 22 Likes 2 Shares |
Re: Treasury Bills In Nigeria by mymadam(m): 5:10pm On May 04, 2020 |
Lionhearted: Bad guy ![]() 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:58pm On May 04, 2020 |
ahiboilandgas: Certificate is overrated, if we can combine certificate with street sense and business acumen the sky will be the starting point 15 Likes 1 Share |
Re: Treasury Bills In Nigeria by zamirikpo(m): 7:45pm On May 04, 2020 |
ahiboilandgas: But I don't have long trucks.....just peddlers, for Ago. Pls educate me.....i buy from dealers, like rainoil, new path , prudent energy . Pls what do I do to increase margin. 1 Like |
Re: Treasury Bills In Nigeria by ukay2: 7:48pm On May 04, 2020 |
emmanuelewumi: Gbam! |
Re: Treasury Bills In Nigeria by ukay2: 7:49pm On May 04, 2020 |
Nnamz: Thanks 2 Likes |
Re: Treasury Bills In Nigeria by zamirikpo(m): 7:52pm On May 04, 2020 |
arduino: Yea , u are right, that is where wahala will start for us in the downstream, and nothing stops him from building stations but I doubt he will. He should be concerned with exporting PMS to west Africa not building stations. 2 Likes |
Re: Treasury Bills In Nigeria by ukay2: 7:59pm On May 04, 2020 |
zamirikpo: But the market is in Nigeria. Am sure Dangote has learnt a lesson from the Dangcem where the Nigeria factories are profit making and the other African countries factories are dragging the Dangcem plc behind. What will stop Alhaji building stations or rejuvenating dying stations all over the country? 1 Like |
Re: Treasury Bills In Nigeria by TotoNaRubber: 8:20pm On May 04, 2020 |
If you have idle cash and willing to gamble, you may do so. I saw an offer today for N395/$ for $1200 but i didnt buy because i think i can find better offers. Dollar will be unpredictable for the next few months but it will be a survival of the fittest. zamirikpo: |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:25pm On May 04, 2020 |
zamirikpo:am talking of pms , why dont you buy from mosimi ,ejibo ,nipco etc in Lagos..dont u have bulk purchase agreements with ppmc , u cant process waywill from petrolium equilazation funds ?who skin in tens of millions for 5 naira margins ...even station off kaduna /abuja road we dey give them for 134 to sell at 145 on credits....look closely become friends with a Majormarketer so he divert some trucks to u at 115 ..... 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:29pm On May 04, 2020 |
ukay2:he doesnt need to build stations the station are already built by me and u and 10000 others but we cant manufacture the product ...so if ppra/cbn stops imporation next year we have no option than to rebrand dangote and be sure of supply or convert the station to mechanic garages or homes 2 Likes 2 Shares |
Re: Treasury Bills In Nigeria by zamirikpo(m): 8:48pm On May 04, 2020 |
TotoNaRubber: I pray u are correct.....i'll be glad ooh. |
Re: Treasury Bills In Nigeria by ukay2: 8:56pm On May 04, 2020 |
ahiboilandgas: Very true Sir This will play out after his refinery start operation |
Re: Treasury Bills In Nigeria by zamirikpo(m): 8:57pm On May 04, 2020 |
ahiboilandgas: @ahiboilandgas, I'll try to find. Thanks That bulk purchase thing needs a lot of money and u need to have capacity to push volumes. We were doing fine ooh until some big shots came to town. Wouldn't mind if u can supply me ooh. I need to sell with better margins 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:08pm On May 04, 2020 |
zamirikpo:the bulk purchase agreements is a standard m.o u between u and ppmc it allow u buy from any ppmc depot and private one all legal station must have ...that what we call independent....while the other u get dealership from a Major marketer ....dealer developer then they brand it total or conoil or aa rano or MRS or 11 plc ....they bring product to the station..u sell to your clients and other STATION owners....this is the business 1 Like |
Re: Treasury Bills In Nigeria by oluwaleokey: 9:20pm On May 04, 2020 |
ahiboilandgas: So PEF still dey work ni? |
Re: Treasury Bills In Nigeria by Jesusbabygirl(f): 10:37pm On May 04, 2020 |
wura2u:Well, gold moves mostly in opposite direction to the economy. So it's a good idea to buy when the economy is doing well and then sell when the economy is doing poorly. 3 Likes |
Re: Treasury Bills In Nigeria by zamirikpo(m): 10:37pm On May 04, 2020 |
ahiboilandgas: ok,i get the picture, but most stations on lease don't need to have this agreement with ppmc...……...we still run under the original licence of the original owners and source our products anywhere we can. |
Re: Treasury Bills In Nigeria by meine: 11:19pm On May 04, 2020 |
So whats the current fair value of the Naira, 380 or 450? I think the CBN determined ( though foolishly) to hold the fx rate down till Dangote start pumping fuel. |
Re: Treasury Bills In Nigeria by TotoNaRubber: 6:01am On May 05, 2020 |
Yesterday it was reported Buhari suggested some of Nigeria's foreign debt be forgiven, this includes the EuroBond where $10.8 billion is being owed by Nigeria. At the height of CoronaVirus pandemic, all the clueless president could suggest is forgiveness of debt which he encouraged in the first place, this is an act of no shame. It shows a default in foreign debt repayment may be expected with the high rise in maturing EuroBonds, he who get ears let them hear.
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Re: Treasury Bills In Nigeria by ahiboilandgas: 7:29am On May 05, 2020 |
TotoNaRubber:there is no shame in it ..the dollars earning ability ofvNigeria and several african Nation have been wipe out by the Chinese virus ...so they should compassionately wipe out the loans or restructure it .since they said they virus is an attack on humanity....obj and iweala and currenlty putting that debt cancel proposal .....what other steps would u propose pmb do now with the current situations of low remittance ( due to job losses abroad) and poor crude price .....tell me another vialable strategy 3 Likes |
Re: Treasury Bills In Nigeria by hustla(m): 8:08am On May 05, 2020 |
ahiboilandgas: What you wrote has shame written all over it ![]() 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:11am On May 05, 2020 |
hustla:ok give us 2 other strategy to pay up the the 10 bn euro bond amist poor oil prices and low remittance....your suggestion could be the way out .... |
Re: Treasury Bills In Nigeria by TotoNaRubber: 8:15am On May 05, 2020 |
Like you said Okonjo iweala is always correcting errors made by the recent presidents, the problem is; 1. What tangible productive project was the EuroBonds used for? 2. What is the fate of local investors that invested in EuroBonds if IMF forgives the debt? USA owes China over $1 trillion in debt but the US uses the money to build their economy and waxing stronger, Nigerian govt is the opposite. I always tell my friends, Nigeria can only get better in 250 years from now. I support the debt to be wiped but let us tell ourselves the truth, wiping the debt doesn't benefit the common man who never felt any impact of the loan in the first place. ahiboilandgas: 4 Likes
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Re: Treasury Bills In Nigeria by hustla(m): 8:30am On May 05, 2020 |
ahiboilandgas: ![]() I do not know However, when you have failed to plan, when all your politicians know is to borrow and then loot, 'unfortunateness' typically follows you 100 Years from now, we will still be borrowing and looting borrowed funds 4 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:38am On May 05, 2020 |
hustla:that the problem..there notting wrong in borrowings to finance sustainable development 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:39am On May 05, 2020 |
hustla:i don give u assigments ..come up with suggestion |
Re: Treasury Bills In Nigeria by hustla(m): 8:44am On May 05, 2020 |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:45am On May 05, 2020 |
TotoNaRubber:u are very wrong ,the debts is currently used to finance the rail way projects.the kaduna -abuja railways is working used by the masses , the lagos -ibadan has been completed like wise the cargo section is been completed that why they are constructing a new bridge in costain ,the abuja airport to town metro is completed,the warri -itakpe line is completed and working ,the apapa to agege aircondition train is working and the new airport terminals in Lagos and kano , enugu have been completed 5 Likes |
Re: Treasury Bills In Nigeria by hustla(m): 8:46am On May 05, 2020 |
ahiboilandgas: Only that in Nigeria, na looting and looting and lining of personal pockets dey follow It's a black man thing I guess I am yet to see a country 85% populated by blacks that id progressing or a 1st world country I really hope i am wrong |
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