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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4595757 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 ojesymsym: 6:54pm On Jun 07, 2020 |
Dangote vs Cartel ... I think he is a formidable opponent. chigo4u: |
Re: Treasury Bills In Nigeria by NL1960: 6:55pm On Jun 07, 2020 |
Theconglomerate: 31 baskets and you are currently doing 2 baskets. Why then are you arguing that he cannot pay your salary?. ![]() 7 Likes |
Re: Treasury Bills In Nigeria by Towma(f): 6:55pm On Jun 07, 2020 |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:58pm On Jun 07, 2020 |
Towma: Go through discussion on this thread for the past two weeks. |
Re: Treasury Bills In Nigeria by Focusingmore: 6:59pm On Jun 07, 2020 |
Theconglomerate: Ok , you're clearly a child.keep amusing yourself. Opinion is the lowest form of intelligence. In relation to your uneducated under researched rant, I'll leave this here for you to ponder, since your brain is empty. 1 Like
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Re: Treasury Bills In Nigeria by ositadima1(m): 7:03pm On Jun 07, 2020 |
Focusingmore: Is this post against or in favour of your original argument. ![]() 1 Like |
Re: Treasury Bills In Nigeria by pluto09(m): 7:04pm On Jun 07, 2020 |
ojesymsym: He will join the cartel and everything will be the same with only difference being that we will not be importing fuel again. 2 Likes |
Re: Treasury Bills In Nigeria by Focusingmore: 7:09pm On Jun 07, 2020 |
ositadima1: Devaluation will only have unintended consequences especially in developing countries. Debt burden What happens when other countries also devalue? Uncertainty Assest prices will fall Recession You only devalue when you have an export driven economy. Devaluation is not a catalyst to spur industrialization. Period 4 Likes |
Re: Treasury Bills In Nigeria by Towma(f): 7:12pm On Jun 07, 2020 |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 7:18pm On Jun 07, 2020 |
What do you think of these guys: The Federal Government plans to tax foreign digital service providers offering services to Nigerians and earning revenue in naira. https://www.nairaland.com/5909385/fg-tax-netflix-facebook-twitter |
Re: Treasury Bills In Nigeria by Ikjosh04: 7:24pm On Jun 07, 2020 |
Towma:Hi there, if your intent is to invest in a zero risk investment then i advice you open a mutual fund account with united capital plc or investment one. For united capital the mmf rate is currently on 6.25% while for investment one emmasoft will do justice to that. If your plan is to invest and compound for some years then stay alert to know when a fg bond or sukuk is on auction then you pull your money out from mmf and invest in the bond or sukuk which gives a higher interest rate than mmf. Cheers!! 2 Likes |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 7:27pm On Jun 07, 2020 |
Focusingmore: What are you proposing dude? If devaluation won't work, what do you think will work? |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 7:27pm On Jun 07, 2020 |
NL1960:lol maybe because I sell the best quality tomatoes. You know the higher the quality,the higher the price ![]() 1 Like |
Re: Treasury Bills In Nigeria by Focusingmore: 7:33pm On Jun 07, 2020 |
Tobex4realTobex234: Taxes . What's going on in Nigeria is extortion. State sponsored mechanised agriculture.( They can import industrial machinery when d currency is strong Also debts become manageable). Educated populace to drive growth. Policies that are small business friendly Credit .. critical. It's that simple 1 Like |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 7:39pm On Jun 07, 2020 |
Focusingmore: I still have some hope in agriculture but in all honesty I really don't know what the plans for this clueless government are. Is Kebbi rice real? Since they banned rice importation of rice, how come price of local rice has not crashed? So if we mechanized every other thing as we have done for rice, what will be the benefit? 2 Likes |
Re: Treasury Bills In Nigeria by Care4: 7:42pm On Jun 07, 2020 |
ojesymsym: Have you factored in the time-value of money? How much will your 30M of 2020 worth in 2055? My brother/sister, you cannot get rich by saving. You need to put that money ou're saving into real work. 3 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 8:00pm On Jun 07, 2020 |
Focusingmore:Taxes?How do you tax a people that aren't employed and don't own taxable businesses? State sponsored agriculture? The government has been trying to make the 4 Nigeria refineries work since kingdom come and you want to add another very complicated parastatal to it? Isn't that creating and breeding another corruption engine? Education? Are Nigerians not educated? The government have subsidised education enough for anyone that wants to learn na. Policies that are small business friendly? Everyone knows Nigeria is a small business haven where they completely don't pay taxes and aren't disturbed by social industries such as price control and other rubbish organisations,so what's your point? Make government dey dash them money I suppose ![]() Credit? Is government suppose to provide credit for it's citizens? I thought that was done by banks already ![]() You want banks to be giving credit to unworthy people because they want to grow the economy? I got stanbic bank ezcash 4m naira credit while seated on my couch eating pringles. Does credit worthy Nigerians lack credit? ![]() Even in America,their government don't have any hand in giving credit to its citizens. So this is how you want to take Nigeria out of misery and boost it's economy I suppose. 3 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 8:02pm On Jun 07, 2020 |
Sir, I did factor it in. Like I mentioned to one of my friend who raised same objection. 30M will still be a lot of money even in 30 years time. It may not just have the same value as we have not. Don't also forget the amount we are talking about here just 10k leading to 30m and as to it being invested, we already mentioned 10% per annum. Don't forget as time go on, even the 10k will look too small and the person may decide to increase it if their condition of living improves. Even business people can decide to also do somethng like this on the side as a retirement plan. Care4: 5 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 8:09pm On Jun 07, 2020 |
You mean he will dismantle the cartel and create a new one like he did with the cement thing? pluto09: |
Re: Treasury Bills In Nigeria by NL1960: 8:13pm On Jun 07, 2020 |
Theconglomerate: Eating pringles?. Is it foreign pringles imported with subsidized fx or locally produced pringles?. 1 Like |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 8:15pm On Jun 07, 2020 |
NL1960:Imported. I am not preaching buy Nigeria and grow naira,no. I am talking of a way to force Nigerians to buy nigerian with brute force without using a gun. There's a difference. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by pluto09(m): 8:54pm On Jun 07, 2020 |
ojesymsym: Just like we have in cement. We are producing enough cement but price is higher than neighbouring countries and one of the highest in the world. 1 Like |
Re: Treasury Bills In Nigeria by ojesymsym: 9:07pm On Jun 07, 2020 |
Thank God you brought the issue of cement up, all those who always argue that competition leads to price reduction why does the price of cement average out between all the competitors? pluto09: |
Re: Treasury Bills In Nigeria by GonFreecss1: 9:08pm On Jun 07, 2020 |
Tobex4realTobex234: This! This! We are very broke! |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 9:12pm On Jun 07, 2020 |
GonFreecss1:According to them Nigeria has so much money. The government needs to do this,the government needs to do that.... Like say na empty hand dem dey use do am ![]() 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:13pm On Jun 07, 2020 |
chigo4u:he is the cheif priest of the cabal .... |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:15pm On Jun 07, 2020 |
ojesymsym:oligopoly.....3 cement cabal selling over 1.5 trillion yearly 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:20pm On Jun 07, 2020 |
pluto09:he is the cheif priest of the cartel.... 1 Like |
Re: Treasury Bills In Nigeria by Focusingmore: 9:26pm On Jun 07, 2020 |
Theconglomerate: I want you to educate yourself first before I address your questions. https://www.forbes.com/sites/briandomitrovic/2018/09/01/do-devaluations-really-help-trade/ |
Re: Treasury Bills In Nigeria by Towma(f): 9:28pm On Jun 07, 2020 |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 9:32pm On Jun 07, 2020 |
Focusingmore:I know you don't have enough brainpower to answer the things I asked you so I honestly wasn't expecting a reply. I am shocked to even see a quote from you,even though it was quite empty but you did what your fragile brain could do anyway. You can't give what you don't have. 6 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 9:36pm On Jun 07, 2020 |
Make una calm down abeg. Meanwhile, I de find who go give me German Shepherd Dog. One good samarithan. Theconglomerate: |
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