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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4597478 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 ositadima1(m): 8:58pm On Jun 06, 2020 |
1 Like |
Re: Treasury Bills In Nigeria by GonFreecss1: 9:04pm On Jun 06, 2020 |
ojesymsym: FBN quest - bad customer service, inferior technology, and many others. 6 Likes |
Re: Treasury Bills In Nigeria by Olaide1295: 9:08pm On Jun 06, 2020 |
ojesymsym:China with over a trillion dollars reserves devalues from a position of strength to encourage local production and exportation. Import duty is not the solution in a country with corrupt border personnel. Go to Seme and Idiroko, rice has started entering Nigeria again. This will not happen if there is devaluation. If Camry becomes 6M(even 20M), people will forced to start buying Innosson. Innosson will expand production, create more jobs and start exporting to neighboring countries because he will earn forex. If we don't devalue now, we will later devalue forcefully at a position of weakness like Venezuela and Zimbabwe. 8 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:08pm On Jun 06, 2020 |
ositadima1:u think people of this generation live that long ...if we reach 65 years let thank God ...must member of my family die within 63-78 ... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:11pm On Jun 06, 2020 |
Olaide1295:what happen to millions of tokunbo cars used by Americans...we driving old cheaper models example in 2040 we will be buying used camry 2010 for 7m 1 Like |
Re: Treasury Bills In Nigeria by pluto09(m): 9:13pm On Jun 06, 2020 |
ojesymsym: SAP was actually misunderstood by the general populace. I am of the opinion that if SAP was properly done then, Nigeria by now should have been a better country. Most of what the people were against are what we are doing now. Imaging if we had privatised Nitel, NEPA ,airports, refineries etc in the late 80s and streamline our ineffective civil service. 1 Like |
Re: Treasury Bills In Nigeria by ositadima1(m): 9:14pm On Jun 06, 2020 |
ahiboilandgas: With improving medical services and good self care 90 is not unattainable. |
Re: Treasury Bills In Nigeria by ojesymsym: 9:18pm On Jun 06, 2020 |
The parts Innosson wan use for his car, where he wan see am non be still import? China now has over a trillion, they did not have it when they started. Olaide1295: |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:18pm On Jun 06, 2020 |
ositadima1:it is by few....look round how many above 65 do u meet on the road....take u time |
Re: Treasury Bills In Nigeria by ojesymsym: 9:19pm On Jun 06, 2020 |
How come no country where IMF advocated for its use was able to make it a success. Many of these policies are trojan horses. Good on paper but bad in practice. pluto09: 2 Likes |
Re: Treasury Bills In Nigeria by ositadima1(m): 9:21pm On Jun 06, 2020 |
Olaide1295: Lol, do you know that if a brand new Innosson car was affordable most people will rather buy it than tokunbo. By the way, 90% of the parts of the Innosson vehicle are imported, meaning ... 2 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 9:24pm On Jun 06, 2020 |
Exactly, the parts will still be imported. We all support industrialization. But I personally do not think it is the first step especially all the things we export are raw materials. Even our main income is Crude oil not even its refined products. Devaluation will hurt us now perhaps in future when our balance of trade improves, we may devalue fully. ositadima1: |
Re: Treasury Bills In Nigeria by pluto09(m): 9:31pm On Jun 06, 2020 |
ojesymsym: Ignore the IMF,Let look at what SAP was all about, living within our means. What are those things that you think are not good in SAP? |
Re: Treasury Bills In Nigeria by Ikjosh04: 9:31pm On Jun 06, 2020 |
Donbrig: There're many knowledgeable people with fascinating ideas holding strategic positions of our economy. Nigeria is not short of knowledge, the issue is they're either handicapped or they're dirty themselves. The rot of our dear country is so deep, cabals are everywhere in all positions that have direct influence over the welfare of Nigerian's. 15 Likes |
Re: Treasury Bills In Nigeria by LordAdam16: 9:32pm On Jun 06, 2020 |
ahiboilandgas: E no consyn dem That is the problem. They do not care. As long as there is some money to loot, the entire country can go to blazes. No planning, no strategic thinking, no coordination. Just asset stripping. Every 4 or 8 years, another gang of Aladdin and 40 Thieves will take the field and run riot at all levels of governance. All this talk of devaluation, lack of fund, diversification, population growth, and more flies over their heads while they feign attention. It's surreal. A person will fly with Emirates to UAE to buy a house with looted funds, then return to Nigeria and use billions to launch a National Airline logo; and you think that person is normal! -Lord 7 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 9:35pm On Jun 06, 2020 |
I may not remember the details but living within our means does not look like the main thing that SAP was focused on. Like I said, they always sound good on paper but never work in reality. pluto09: 2 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 9:36pm On Jun 06, 2020 |
This is one thing many people do not know. Ikjosh04: 1 Like |
Re: Treasury Bills In Nigeria by civilserva: 9:37pm On Jun 06, 2020 |
GonFreecss1: Plain truth. I experienced all these. A corporate organisation who ignore calls, email and request to login into your account. I am gradually moving out my fund to others. 2 Likes |
Re: Treasury Bills In Nigeria by Donbrig: 8:08am On Jun 07, 2020 |
Nigeria has one of the most unproductive populations on earth. I still cannot understand why some states have over 6 universities, prouducing half baked graduates or semi-literates into our labour markets. University degrees are overrated in Nigeria. It is time for every state in Nigeria to have state-of-the-art vocational institutions. Even if we devalue naira to help local industries, we still don't have a viable and knowledgeable populace to pull the trigger for industrialization. 13 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:22am On Jun 07, 2020 |
Donbrig:it an ego society 11 Likes |
Re: Treasury Bills In Nigeria by Franky826: 10:11am On Jun 07, 2020 |
emmasoft: Your advice is always on point. I remember last year November when I painstakingly followed your advice on the mutual funds thread and ended up investing in it. A decision I've never regretted. You led me by hand and patiently answered all the questions and objections I had on mutual funds even without ever meeting you. Oga emmasoft God bless you ooo 26 Likes |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 10:34am On Jun 07, 2020 |
Donbrig: This is the after effect of nepotism |
Re: Treasury Bills In Nigeria by zamirikpo(m): 11:11am On Jun 07, 2020 |
Donbrig: U r soo wrong ..... Nigeria is the outcome of putting square pegs in round holes. Tribalism and ethnicity is the norm instead of professionalism. How can a population be productive when connection is the order of the day. If u like be Einstein or Aristotle, if u don't have connections in naija ur work is rubbish. So it's not the population , it's our leadership that has propagated a retrogressive system. 7 Likes |
Re: Treasury Bills In Nigeria by hustla(m): 11:29am On Jun 07, 2020 |
Good ideas and discussions about Nigeria on this thread - but sadly, 50 years from now, people will still be discussing the same thing Since the time of FELA, things have been the same, the things he sang about and condemned are still exactly the same way , if not x10 worse I have already given up on Nigeria, things will NEVER change. It will be the same endless cycle of looting, corruption and stealing. We complained and groaned when $ became 216, now its about 440 .. In 10 Years, it will likely be 700 / 800 .. and life will continue, people will adjust and the suffering will continue No be curse ![]() 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 11:46am On Jun 07, 2020 |
ojesymsym: More filling stations will soon start To burst in flames due to several reason. Those staying close to filling stations that might want to start selling at cheaper rates should be careful. Cartels dont sleep |
Re: Treasury Bills In Nigeria by emmasoft(m): 11:47am On Jun 07, 2020 |
Franky826: Amen. God bless you too @Franky826. Thanks for the kind words. 8 Likes |
Re: Treasury Bills In Nigeria by TotoNaRubber: 12:22pm On Jun 07, 2020 |
You are generous dollar hitting N800 in 10 years. My guess is dollar hitting N880 in five years from now. A lot of people are saying dangote refinery this n that, dangote is a business man, he is not the Messiah. The population is exploding, 210 million people now who depends solely on import for nearly everything. As soon as Bubu finish his looting, the next looter will continue to rape us all like they have been doing. hustla: 1 Like |
Re: Treasury Bills In Nigeria by hustla(m): 12:27pm On Jun 07, 2020 |
TotoNaRubber: Maybe when it gets to $1 /1000 NGN, people will actually start to think ..cos the way it's going ehnn ![]() |
Re: Treasury Bills In Nigeria by chigo4u: 12:39pm On Jun 07, 2020 |
Donbrig:This is just the truth. Nigerian Education is mostly useless. People only care about paper certificates and not knowledge, sometimes when you discuss with the average Nigerian graduate, you can’t but just be surprised. No difference between the average “educated” Nigerian and the uneducated ones. People comparing China and Nigeria forget China has a very productive population, that was why many countries outsourced labor to them which led to the economic explosion there. What we have here is an unproductive, consuming population growing rapidly by the second! The leaders are not the only problem of Nigeria 10 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 12:45pm On Jun 07, 2020 |
Devaluing of the naira is inevitable at this point, it can only be delayed. If this administration successfully evades it, another administration will still do it. In 2012 the entire Nigeria protested against subsidy removal, today whether or not the subsidy has been truly removed, fuel prices has almost doubled from 2012 price. Nigeria leaders keep creating more problems for the country, we have now moved from oil subsidy to dollar subsidy! |
Re: Treasury Bills In Nigeria by mickky22: 12:55pm On Jun 07, 2020 |
chigo4u: I disagree with you. There's no nation of the world that Nigerians are not doing great. Our major problem is bad leaders or leaders without vision. I strongly believed, one day we will get it right. 7 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 12:57pm On Jun 07, 2020 |
mickky22:We have just one problem, Artificial naira. #devaluenairanow! |
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