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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4540164 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 X21: 7:46pm On Jun 12, 2020 |
abimbola01: thanks for sharing. bases for allotment not stated. |
Re: Treasury Bills In Nigeria by drotba(m): 7:54pm On Jun 12, 2020 |
Sholapey: Thank you. |
Re: Treasury Bills In Nigeria by Nobody: 8:57pm On Jun 12, 2020 |
Good people. Goood evening all. Please what is the percent for custodian fee charge on interest from Treasury Bills by Nigerian banks as stipulated by CBN? I feel my bank (Access bank) overcharged me. Any info will be appreciated. |
Re: Treasury Bills In Nigeria by Nobody: 9:10pm On Jun 12, 2020 |
thattnaijaman:0.1% |
Re: Treasury Bills In Nigeria by Nobody: 9:13pm On Jun 12, 2020 |
Re: Treasury Bills In Nigeria by Nobody: 9:20pm On Jun 12, 2020 |
thattnaijaman:Ask for your certificate or proof of investment, you'll see all charges there. |
Re: Treasury Bills In Nigeria by unite4real: 9:24pm On Jun 12, 2020 |
FGN Sukuk 3 was 446% Oversubscribed 1 Like
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Re: Treasury Bills In Nigeria by OgogoroFreak(m): 9:59pm On Jun 12, 2020 |
XiaoLi:1year + 1month profit wiped! 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:04pm On Jun 12, 2020 |
OgogoroFreak: Are you talking in USD terms? |
Re: Treasury Bills In Nigeria by jossy26: 10:23pm On Jun 12, 2020 |
odimbannamdi: Hello thanks for this piece, can you recollect the page where the person share the lending business experience..will be very grateful cos have searched through but couldn't locate it |
Re: Treasury Bills In Nigeria by vacanci: 11:13pm On Jun 12, 2020 |
emmasoft: How soon after the announcement of allocation will one expect to receive a refund if not successful or excess over the subscription. Like now, the sukuk result has been announced today that it was over subscribed. When should the refund be expected. |
Re: Treasury Bills In Nigeria by just2endowed: 11:45pm On Jun 12, 2020 |
credon: Yes |
Re: Treasury Bills In Nigeria by emmasoft(m): 1:11am On Jun 13, 2020 |
vacanci: Primary offers has a timetable they follow from subscription to listing. Each process will always be announced just as they announced the allotment. You can always check https://www.dmo.gov.ng/ for news concerning any form of bonds/government securities. Listen to economic news and stay tuned here. |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 3:28am On Jun 13, 2020 |
DexterousOne:I'm talking about the purchasing power or worth of your money. |
Re: Treasury Bills In Nigeria by XiaoLi: 4:58am On Jun 13, 2020 |
Chai, that's money. More reason to invest in usd denominated investments. OgogoroFreak: 1 Like |
Re: Treasury Bills In Nigeria by Enyinne(f): 6:14am On Jun 13, 2020 |
Property is in a class of its own depending on location and method of building .then u will see that little money can go along way to build that house .Some engineers give very scary fees and highly inflated Qs but u can get good 2bedroom with 5m on a good land like ikorodu and getting reasonable engineer.Get to work by being part of the process , buy ur material , ask experienced people amount paid to labourer and bricklayer,negotiate with ironbender and carpenter, u will see how much u will save by being involved in the process . As someone said, shares and property are on different leagues, ur property will stand the tAaste of time,increasing in value and rent generated ,but shares can be wiped out in a minute if economic policy doesnt favour it hence its advised to invest in both for more accelerated growth in years to come. Location plays a role in property increase and value. Ikorodu is outskirt of the town ,prices of land is cheaper and cost of living lower but some other area is renting 1.2m or higher for 2bedroom flat eg Ajah cos land is expensive so If u hv the cash , buy land in a prime area , build and earn higher . topsquino: 7 Likes |
Re: Treasury Bills In Nigeria by vacanci: 6:47am On Jun 13, 2020 |
emmasoft: Thank you. The thing is, I have never seen such a news anywhere before. I am just curious how long government will hold someone's money before refunding considering that interests will not be paid. And also one needs to quickly reinvest the money |
Re: Treasury Bills In Nigeria by topsquino(m): 7:28am On Jun 13, 2020 |
Enyinne: I get your point. Thanks |
Re: Treasury Bills In Nigeria by Sach: 7:39am On Jun 13, 2020 |
Sach: Please respond to me @emmanuelewumi and other sound experts... |
Re: Treasury Bills In Nigeria by Pascopele: 7:56am On Jun 13, 2020 |
GregJo:One dude here is the guru. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:20am On Jun 13, 2020 |
Sach: I am sorry, I have nothing to say. Follow your mind, provided the Investment will generate cash flow,. 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 9:57am On Jun 13, 2020 |
vacanci: Relax. The government is not running away with your billions that you invested in the Sukuk bond. 3 Likes |
Re: Treasury Bills In Nigeria by vacanci: 10:11am On Jun 13, 2020 |
NL1960: I am not saying or thinking the government will run away with the money. What I am saying is, if government held ur money for 2 to 3 weeks after close of the offer and refund you there after, it means u must have lost interest that would have been generated within that period. Again, if u plan to invest in the June 17 FGN Bond and u are waiting for the refund from an unsuccessful sukuk bond, would you not miss another opportunity if your refund delays. Bank interest in 50M for 2 to 3 weeks is over 100k 5 Likes |
Re: Treasury Bills In Nigeria by NL1960: 10:19am On Jun 13, 2020 |
vacanci: Every investment has an element of risk associated with it. Moreover, this is a primary offer. The issuer determines the timetable. You can however decide to sue the government for loss of interest. Another easy thing you can do is to write to DMO to find out the cause of the delay and also threaten to sue them if your money with interest is not released immediately. |
Re: Treasury Bills In Nigeria by vacanci: 10:31am On Jun 13, 2020 |
NL1960: Ok Mr. Barrister Ikpeme. I hear you. |
Re: Treasury Bills In Nigeria by shekauvsbuhari: 12:35pm On Jun 13, 2020 |
Theconglomerate:Devaluation will not help us because we manufacture next to nothing. So we have almost nothing to sell. The little we manufacture, almost all the raw materials are imported. Also the machineries and spares for them are all imported. If we devalue, forex will cost high and raw materials, machineries and spares will be very costly, thereby making the locally produced goods to be too costly again. Devaluation only favours states that have a lot of things to export. In Nigeria what is the significant export? Crude oil. Devaluation will be counter-productive in Nigeria because we dont have competitive edge. 6 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 12:50pm On Jun 13, 2020 |
shekauvsbuhari:Who told you Nigeria produces next to nothing? I'm sure you pulled this statistic from your arse. And it is not a rule of thumb that you devalue currency so you can export more. You can also devalue to fight off imports so that local producce can satisfy local needs without overly cheap imports fighting it for market share. |
Re: Treasury Bills In Nigeria by silentone: 12:53pm On Jun 13, 2020 |
[center][/center] [center][/center] Phraences: 1 Like |
Re: Treasury Bills In Nigeria by awele186: 1:00pm On Jun 13, 2020 |
Don't know why folks still engage this particular moniker. He is immature, childish and can't argue without throwing insults. It's best to avoid and ignore him because he's obviously a teenager Who told you Nigeria produces next to nothing? I'm sure you pulled this statistic from your arse. And it is not a rule of thumb that you devalue currency so you can export more. You can also devalue to fight off imports so that local producce can satisfy local needs without overly cheap imports fighting it for market share. [/quote] 7 Likes |
Re: Treasury Bills In Nigeria by shekauvsbuhari: 1:02pm On Jun 13, 2020 |
Theconglomerate:. You don't have to insult one to make your point mr.man. Learn to observe decorum. I ask you again, name that thing that Nigeria produces to the extent that she would have to devalue because of it. Local production capacity of any chalk or pencil we produce is so insignificant to devalue our currency because of it. 25 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 1:25pm On Jun 13, 2020 |
shekauvsbuhari:GDP $446B. Oil revenue;$50B tops which is subject to fluctuations. Use this statistic to tell yourself which sector of the economy is insignificant. Also,ask yourself it is wise to keep subsidising the rest of the economy with oil revenue that is this small and subject to fluctuations. Don't quote me again,I really hate people that are slow. Thanks 1 Like |
Re: Treasury Bills In Nigeria by XiaoLi: 2:38pm On Jun 13, 2020 |
Oga calm down, devaluation will not help us for now without adequate infrastructure and security, if you devalue to start manufacturing will you run your machines on diesel? Im sure you have been to countries that do alot of export,do you realize the companies work day and night and even most goods are taken to the seaport from 6-7pm till dawn, where is the security to protect this workers which might be going to work at night and and where is the security to protect the valuable goods which might be taken to the seaport at night? I can go on and on... Theconglomerate: 3 Likes |
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