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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 LegitBitcoinBuy(m): 8:29am On Jun 02, 2020 |
Boyhood: What about a person that’s just starting out? Say hypothetically, if someone registers through a company like United Capital to buy shares how would such a person register for his own e-dividend ? |
Re: Treasury Bills In Nigeria by XiaoLi: 8:36am On Jun 02, 2020 |
Oga this matter don pass na no bring am up again, do you think Naira will appreciate in this week? deleson: 4 Likes |
Re: Treasury Bills In Nigeria by IamR: 9:30am On Jun 02, 2020 |
deleson: 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 9:47am On Jun 02, 2020 |
ojesymsym: What if the money is not there?. Those that can afford the foreign rice at that high rate are few. Btw, i use to buy foreign rice and share to people. When the price of foreign rice rose, they told me to buy local rice for them as that will ensure that it gets to so many people instead of the few that will share the foreign rice. Pikin wen dey hungry no know the difference between foreign and local rice. 2 Likes |
Re: Treasury Bills In Nigeria by deleson: 9:57am On Jun 02, 2020 |
Same thing I said to my aboki exchanger when he bought my dollars for N450. I simply thought of the impact on the whole country, me inclusive. ahiboilandgas: |
Re: Treasury Bills In Nigeria by olujaidi: 10:12am On Jun 02, 2020 |
deleson: Dollar 1 Like |
Re: Treasury Bills In Nigeria by dejiotus: 10:26am On Jun 02, 2020 |
Good morning my big Oga Mr McJay. I have to agree with you o, that it is more sensible and wise just to waive the two months rent for the sake of peace and to get rid of a bad tenant. Tenants just need to know that legally any additional time spent needs to be paid for in full. I will be grateful if you or any of our big Ogas and Madams in the house has a Know your Customer "KYC" template for prospective tenant, that can be shared. Landlords among us should please regularly inspect the meters in their properties to ensure there is no illegal or "bypass" connection. My tenant in Magodo absconded and left me a bill of 945 thousand naira (yes just under 1M naira on a prepaid meter o!!!) to pay, when she was caught by the Ikeja Electric Vigilance team. She did not pay even one kobo for electricity over the preceeding 4 months. She had apparently engaged someone to tamper with the prepaid meter as electricity supplied was not being read by the meter. The property was charged 150K per month, for 6 months as loss of revenue plus 45K as VAT. My case is still unresolved and with the NERC regulator MrMcJay: 4 Likes |
Re: Treasury Bills In Nigeria by Alaska90(m): 10:39am On Jun 02, 2020 |
IamR: I got my statement almost 6 months of venturing into Eurobond and I saw that my capital was less of over 1k$ as at that time. I have applied for liquidation. I will write about it when I get it within one month as stated in their letter to me instead of 72hrs. Leaving the money with them will incur more losses. I have consulted one or two Gurus outside Nairaland and I think the best thing is to liquidate the investment. Would I get it within one month? I am not 100% sure. My lawyer is on standby though Hello IamR Please can you expatiate on the bold part....I thought Eurobond is a fixed income investment ? Did you loose that amount because of early liquidation ? |
Re: Treasury Bills In Nigeria by Nobody: 10:42am On Jun 02, 2020 |
Boyhood:Thanks for sharing! |
Re: Treasury Bills In Nigeria by Nobody: 10:50am On Jun 02, 2020 |
dejiotus:Wow! I thought am safe with the prepaid meter installed in all my properties. Did you call a nepa official to inspect the tenants prepaid meters or an electrician? 3 Likes |
Re: Treasury Bills In Nigeria by olujaidi: 10:51am On Jun 02, 2020 |
deleson: ahiboilandgas: Isn't it wiser to attempt to come out better off personally than to suffer it along with everyone else? |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 10:59am On Jun 02, 2020 |
olujaidi:I see CBN devaluing the naira again. Dollar don pick race again this morning as Buhari said na June 21 them go open everywhere. Also NNPC blundered last night to hint they make just $3 profit a barrel of oil at their $25 benchmark because they spend up to $22 just to produce a single barrel of oil. This has boost speculator confidence and the slow and steady upward rate of the dollar has begun. Whoever that don't want to buy local produce should get ready to plunder his reserves till kingdom come. 400 range is naira's new reality apparently. 4 Likes |
Re: Treasury Bills In Nigeria by habayommy: 11:00am On Jun 02, 2020 |
MrMcJay: Thank you for this information. 2 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:07am On Jun 02, 2020 |
AdaoraNK:I think you are right. What happened yesterday is clear proof that they don't even have enough liquid to intervene in the fx market even if they wanted to. Speculators have become confident again. 5 Likes |
Re: Treasury Bills In Nigeria by olujaidi: 11:12am On Jun 02, 2020 |
Theconglomerate: Lol. I think the only thing that can improve this is sustained cash intervention. Thus far, that hasn't happened. I think they've chosen to protect the reserves as much as possible - maybe gathering the necessary firepower to intervene. I don't think the NNPC "blundered". It's been that way for years. It's just a Google search away. Kachikwu attempted to reduce it but obviously his efforts were unsuccessful. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:13am On Jun 02, 2020 |
olujaidi:if u sell u dollars u will still go and buy in the future ...u need it continusely 1 Like |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:16am On Jun 02, 2020 |
ahiboilandgas:He is not limited to exchanging his naira for dollars. What if he also looks for a way to start earning dollars?Have you also thought about what will happen to his standard of living if he does this? Devaluation will make Nigeria an export based nation with everyone scrambling to earn fx. That is what we need right now. 3 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:18am On Jun 02, 2020 |
olujaidi:Men it's bad. Yesterday's own was shocking. It has been very opaque for a while with people guessing its COP but it was worrisome to the point where the Senate had to set up a committee to probe this production cost. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:19am On Jun 02, 2020 |
Theconglomerate:really...we have been devaluing since 1980 .. 3 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:22am On Jun 02, 2020 |
ahiboilandgas:And GDP has been increasing since 1980.... 2 Likes |
Re: Treasury Bills In Nigeria by pluto09(m): 11:31am On Jun 02, 2020 |
ahiboilandgas: Devaluation will not solve our problems. We don't have to devalue before we diversify our revenue base. 5 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:33am On Jun 02, 2020 |
Theconglomerate:like wise the poverty and all negative index ....if strong countries like Turkey will be worried about devaluations ..i dont Nigeria should be happy...a 30 percents drop in the Lira caused alot of panic...they are very industralized and a mid income Nation 5 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:34am On Jun 02, 2020 |
pluto09:it wouldnt ,it has not and will not ..a 30 year experience has proved that... 6 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:38am On Jun 02, 2020 |
The growing Nigeria Gdp is useless and audio it is not reflected in the populace....china Gdp grew and boom 500m Chinese are off poverty....and everwhere it china made products...boom Nigeria Gpd grew poverty ,kidnappings,unemployements jumps to 1000 percents ....The Gdp is growing in the families of political appointees and is driven by crude oil explorations and not real work 16 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:41am On Jun 02, 2020 |
ahiboilandgas:Poverty index is increasing because there are over 70m+ unproductive people up north dragging the nation backwards and destroying it's statistics. Turkey is not a shithole country and devaluation is not for them. You only devalue currencies of shitholes so that they can sell whatever crap they produce internationally and destroy importation caused by lack of production/industrialization,so making comparison with Nigeria and Turkey is not good. You should make comparisons between Nigeria and olden day China. This is fair comparison. You cannot go to an already industrialised and self sufficient country with higher standards of living and start talking devaluation,it's outright wrong. 3 Likes |
Re: Treasury Bills In Nigeria by pluto09(m): 11:45am On Jun 02, 2020 |
ahiboilandgas: Our GDP grows mainly in naira ,with devaluation GDP goes down in dollars term. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:49am On Jun 02, 2020 |
Theconglomerate:where did u get the 70m workforce idle in the north? Agriculture which constitute 70 percent of Nigeria Gross domestics products is done in the North....u cant tell me the millions of farmers producing tomatoes,onions ,beans ,sorghum ,rice ,beef ,milk ,corn ,millet,irish patatos , grandnuts,ginger,limes , oranges ,yams in million of tonnes are idle... 15 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 11:53am On Jun 02, 2020 |
I endorse this. ahiboilandgas: 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:53am On Jun 02, 2020 |
Theconglomerate:buying and selling in Alaba markets cant be compared to cultivation of iris patatos ... ever Nation including russia have gotten their currency devalued against the dollars who told u it only shit hole nations ...south african rand , Turkish lira ,ghana cedi have all loss significant value against the dollars sometime ...so misleading people 7 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 11:55am On Jun 02, 2020 |
Is there really a benefit of removing people from the farm, educating to only know how to speak English and become entitled to some goverment jobs? Shouldn't we find a way to educate them to still be farmers but educated farmers. ahiboilandgas: 13 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:57am On Jun 02, 2020 |
ahiboilandgas:They are economically idle. You can't be doing subsistent farming and earning peanut year to year and dragging the nation behind and you tell me you are busy.Busy how? If they were really busy,it will start to reflect in their lifestyle. Not some almajiri goes to work in an Alhaji's farm for a plate of food without meat and you want me to applaud them for being busy whereas they are just barely surviving? That is economic madness. That is where Nigeria poverty and poor data is coming from. That is the reason most of them live in huts and are going blind due to poverty and inaccess to clean water till date and polio,cholera,less fever and terrorism is still ravaging them. Nigeria needs Capitalism,not farming for a plate of food. 6 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:01pm On Jun 02, 2020 |
ojesymsym:500,000 graduates are paid 30k as Npower nonsense ..the problems of agriculture is the value chain and additions this will lift the income of the farmers and industry 1 Like |
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