Stats: 3,184,429 members, 7,923,628 topics. Date: Saturday, 17 August 2024 at 11:06 AM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4596664 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)
(1) (2) (3) ... (1183) (1184) (1185) (1186) (1187) (1188) (1189) ... (2259) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:27pm On May 10, 2020 |
tomtom370: I don't know why people make the mistake of dealing directly with their tenants. Get a lawyer, a facility manager or an estate agent to deal with tenants and you will give yourself peace of mind. 8 Likes |
Re: Treasury Bills In Nigeria by PresidentBuhari: 7:31pm On May 10, 2020 |
Real Estate is the way to go now, currently I am negotiating with housing agents for some properties. Nigeria real estate investment don't pay much taxes, I own a property overseas and my tenants pay N260k a month for a two bed flat, the tax I pay on the properties is very discouraging. Always use a third party to run your rental property if you do not live in the country, do not come in close contact with tenants when they owe you, things can easily get personal and other tenants who have grudge against you may start conniving but with third party they have less conflict. 6 Likes 1 Share |
Re: Treasury Bills In Nigeria by Godbpraised: 7:32pm On May 10, 2020 |
@ i listen to the lady yesterday their is a probability that the TB rates would improve slightly. Not sure what u meant by thinking outside the box coz TB bills , Bonds is outside the box. Investing in properties is capital intensive now. Person go chase tenant tire, person throat go dry like dry pepper. ukay2: |
Re: Treasury Bills In Nigeria by Godbpraised: 7:35pm On May 10, 2020 |
Bros na third party i dey use, i even use fourth party self. my bp dey high sometimes. PresidentBuhari: |
Re: Treasury Bills In Nigeria by ukay2: 7:39pm On May 10, 2020 |
Sholapey: Loooooool Very funny tenants everywhere. I have a new tenant, in one of my comercial apartments in Abuja, that always send me new month messages. I told my wife that am worried about this tennant messages to me with prayers. She said why? I told her I don't do business with Christainees or Muslimees. This is because they hid under religion and refuse to pay up on time. Last month was his 2nd year in the apartment, his rent is due, oga pay rent na.....stories upon story na. My Lawyer wants to serve him quit noticed, but am having cold feet dealing with him. I will give him 3 months grace due to the economic realities. I hope he settles his rent on time. 5 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:39pm On May 10, 2020 |
tomtom370:na crazy people na so some group of women wanted for rent my house ,so they where calling me for days when i finally came ,they look suprised if i was the owner ..one idoit out of them said ...but u never suffer well well na ...so zucgerberg of face book fa ![]() 1 Like |
Re: Treasury Bills In Nigeria by seyisanya(m): 7:40pm On May 10, 2020 |
Barrytone:Thanks for this realistic comment. But I would like to know if your brother-in-law(her husband) remained in Nigeria when your sister relocated to the UK with the kids. If yes, for how long before he joined them in the UK? |
Re: Treasury Bills In Nigeria by Godbpraised: 7:42pm On May 10, 2020 |
Bros if i were you i go warn am make him no send any message to my phone or i fit block am. ukay2: |
Re: Treasury Bills In Nigeria by ukay2: 7:44pm On May 10, 2020 |
Godbpraised: U didn't listened to the deep meaning of what she intended to mean....hahahahaha ....so much liquidity in the system. Also OMO of 7trillion is maturing this year to add to the excess liquidity. More oversubscription of FGN Securities etc. For me....outside the box is outside NTB. Am currently in NSE, FGN Bonds, Comercial Papers of good companies and MMF. Any other business, I no follow. |
Re: Treasury Bills In Nigeria by PresidentBuhari: 7:52pm On May 10, 2020 |
I can imagine, I recently encountered this with two tenants in one of my properties in Nigeria, the first one moved in with okada to the flat, within 3 years he progressed, his business started moving well, he bought 5 vehicles, 3 trucks, 2 private cars and married, currently he has 3 kids. My caretaker even used my car to rush his wife to hospital for delivery for his first child while he was still riding okada at the time. He is uneducated, recently he felt he has made money and started causing problems at my property, he slapped his fellow tenants wife ![]() I couldn't take such and I made some contacts as early as 6am, some new recruits from 82 division came and bundled the troublesome tenant away saying their oga sent them due to what he did to the woman. They beat him black and blue, he returned and piped low for some weeks, a few months later he started trouble again, this caused one tenant to move out, two tenants were already having issues with same troublesome tenant, through a third party, I contacted a lawyer, paid N40k, he issued eviction notice for the tenant, followed it up and within 4 months the troublesome tenant packed out, we didn't even get to court which was going to cost at least 250k. The second tenant is with the police force, same strategy but this time used only a lawyer as he is a bit educated and understood he will be evicted of he didn't pay, he has been paying in advance ever since. Understand the type of tenant and apply a suitable approach. Godbpraised: |
Re: Treasury Bills In Nigeria by ukay2: 7:52pm On May 10, 2020 |
Godbpraised: Hahahahaha I never see test message for this month oo. One of the reasons I entered commercial buildings is to help in solving the housing deficit in the country; knowing my background and how God has being faithful to me......not just for economic gains. It gives me joy am providing good accommodation to some families, but some people will just make you to stop doing that. I even wanted to sell all the buildings and put the fund into portfolio investments, but I always remember the reason I ventured into comercial buildings. I have not done any building project since 5 years now......rather put the funds in equities and other FGN Securities to have rest of mind. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Godbpraised: 7:53pm On May 10, 2020 |
Yeah i agree with you she was a bit diplomatic in answering her questions. But i will be on the look out for Commercial papers , Mutual Funds i know get kidney and liver for am. Rates for TB bills fit no make sense i suspect their would be some corporate bonds that will offer good rates but one must be very careful too. i will be on the look out for dangote perhaps and Lever brothers or Nigerian breweries. I no wan near property now, the wahala too must. may be until i have a good firth party. ukay2: |
Re: Treasury Bills In Nigeria by Godbpraised: 8:00pm On May 10, 2020 |
Hmmm u can imagine ? i normally take them to court of arbitration, those ones sabi handle them well. PresidentBuhari: |
Re: Treasury Bills In Nigeria by ukay2: 8:01pm On May 10, 2020 |
emmanuelewumi: Sir, I will like more downward price movement to increase my holdings Manufacturing -Dangcem Banking - Zenith &UBA Other financials-UCAP and Apr Real estate -UPDC-REIT Food&beverages -FMN I am worried about pharmaceutical industry because most are not patronised by our government. The ones that are in good supply of hospital utilities to most hospitals like Juhel Pharmaceutical company is not listed in NSE. The guy in Juhel is making cool money, but he refused to enlist in NSE. 3 Likes 2 Shares |
Re: Treasury Bills In Nigeria by ukay2: 8:04pm On May 10, 2020 |
Oga Tomtom370, I de fear the real sectors as you rightly highlighted Na NSE and good FGN Securities other than NTB I meant by thinking outside the box of NTB. |
Re: Treasury Bills In Nigeria by ukay2: 8:10pm On May 10, 2020 |
Godbpraised: Yes Sir. But be careful with Lever Brothers. ....their current financials is not too good. I think United Capital has a bond on sale now with minimum investment of N10M at 12-13%. I think it's good establishment. Am for equities now....Until I see bonds at discount prices. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:11pm On May 10, 2020 |
ukay2: Is Juhel manufacturing drugs or he imports drugs. GSK, May and Baker, Fidson are not doing badly but they are competing with cheaper drugs that are imported from India |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:12pm On May 10, 2020 |
Jejebabaa:u disappear from tb threads .... 1 Like |
Re: Treasury Bills In Nigeria by ukay2: 8:14pm On May 10, 2020 |
Sholapey: Loooooool Madam, disguise when you arrive before theyarrange kidnappers. Very disturbing how we have deterioted to this level. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:15pm On May 10, 2020 |
Godbpraised: Multinational companies like PZ and Unilever are not finding things easy, their financials are not encouraging, Indian owned businesses are giving them a big battle for market share, profitability and cost of production |
Re: Treasury Bills In Nigeria by ukay2: 8:31pm On May 10, 2020 |
emmanuelewumi: Juhel manufactures most routine medications and IV fluids that are use in most hospitals in Nigeria. If you look very well in every hospital in Nigeria, most things they use are Juhel products and I think their products are a bit cheaper. I think Juhel has a manufacturing plants in Enugu and Anambra. I think Gsk and Fidson do more of importation to Nigeria, not manufacturing. 2 Likes |
Re: Treasury Bills In Nigeria by tomtom370: 8:31pm On May 10, 2020 |
Well noted, sir. NSE is quite an interesting space with the right knowledge and discipline. Recently ventured in; made some gains, made some losses...Still learning but it’s been exciting. US Stocks are also quite good...Helps with hedging, amongst other things. ukay2: 1 Like |
Re: Treasury Bills In Nigeria by zamirikpo(m): 8:31pm On May 10, 2020 |
ahiboilandgas: Even the almighty federal might has turned to weakness. If we can doubt FG that means wahala Don double. But shebi oil price is climbing small small....$23 /barrel abi my eyes no see well ni.. |
Re: Treasury Bills In Nigeria by tomtom370: 8:35pm On May 10, 2020 |
Na wah ooo. Poverty mentality don too limit our people so tey dem no fit come to terms with people decently making money in their early years and investing wisely. ahiboilandgas: 2 Likes |
Re: Treasury Bills In Nigeria by Godbpraised: 8:35pm On May 10, 2020 |
Hmmm true emmanuelewumi: |
Re: Treasury Bills In Nigeria by ukay2: 8:36pm On May 10, 2020 |
tomtom370: Yes Sir. Am also in USA stocks market. We keep learning every day and God will continue to bless our side hussles. Amen. |
Re: Treasury Bills In Nigeria by tomtom370: 8:38pm On May 10, 2020 |
So true...Direct management is always brutal. But the default came even with an estate manager involved. The first and only meeting was facilitated by the manager. The matter just tire me...But I know the law can handle it. I’ve read everything about eviction and consulted the manager. emmanuelewumi: |
Re: Treasury Bills In Nigeria by Godbpraised: 8:39pm On May 10, 2020 |
how do i venture into the USA stocks. do i require to be a US citizen ukay2: |
Re: Treasury Bills In Nigeria by ukay2: 8:40pm On May 10, 2020 |
zamirikpo: Our own crude oil is Bunny oil, which is cheaper than Brent self. If we had diversified and made Ajaokuta Steel Company working, maybe our economy would have been better now. But crude oil money is so sweet for our Leaders to think about effective diversification of the economy 1 Like |
Re: Treasury Bills In Nigeria by ukay2: 8:44pm On May 10, 2020 |
Godbpraised: Just go through this trade. https://www.nairaland.com/5669161/us-stocks-pick-alert |
Re: Treasury Bills In Nigeria by Godbpraised: 9:00pm On May 10, 2020 |
Thanks ukay2: |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:04pm On May 10, 2020 |
zamirikpo:30.5 ....ba brent make u dey check |
(1) (2) (3) ... (1183) (1184) (1185) (1186) (1187) (1188) (1189) ... (2259) (Reply)
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: talk2tonie and 1 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 89 |