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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4596087 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 Theconglomerate(m): 10:51pm On Jun 17, 2020 |
DexterousOne:Actually now is the best time if you look at some select sectors. But if na local business I will say no. |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 10:52pm On Jun 17, 2020 |
olujaidi:He really understands Nigeria. 2 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 10:54pm On Jun 17, 2020 |
The fear of investing in the real sector of the economy is not really because of the state of the economy, afterall many lebanesse, Indians and FDI still come in. It is beyond that. DexterousOne: 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:54pm On Jun 17, 2020 |
Theconglomerate:The real sector is actually commitinh some funds to the streets Production Agric All that good stuff The purchasing power of most Nigerians have been decimated, so who will then buy Except u are going into essentials But that one sef is crowded and jam packed 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:54pm On Jun 17, 2020 |
ojesymsym: Many Lebanese and Indians indeed I hear you |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 10:56pm On Jun 17, 2020 |
DexterousOne:You must not sell in Nigeria. ![]() 2)There are items people will always buy,good economy or not. Food,alcohol,etc... Those are everyday products. Na to look well then align properly. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:56pm On Jun 17, 2020 |
ojesymsym: FDI inflows into this country has been shrinking seriously FPI is what still grows to an extent Cos its easy to pull out And even at that All these supposed Lebanese and some of these indians I no dey rate them Some come here cos they can get away with sharp practices here 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:57pm On Jun 17, 2020 |
Theconglomerate: That's why I mentioned essentials Which you have listed some But like I said That space is crowded |
Re: Treasury Bills In Nigeria by ojesymsym: 11:01pm On Jun 17, 2020 |
Very few Nigerians can really do business if you ask me. Those who succeed immediately go into preservation mode which is why we have SUKUK, TB and Bonds oversubscribed. Then there is also the safe haven of real estate, but when it comes to real production (not trading), only the very brave Nigerians are bold enough to try which is the void that Indians and Lebanese come to fill. DexterousOne: 1 Like |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:01pm On Jun 17, 2020 |
DexterousOne:Do your own and grow,crowd wouldn't matter if you know what you are doing. Trading Business is very simple; 1)Identify good product that can sell. 2) Go to the overall source and buy. 3)Get better position to establish and be committed to it. 4)Sell good price. If you have these,you must grow. You don't just jump and start manufacturing,you must start from trading so you will know what has demand enough to be produced or not. 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:07pm On Jun 17, 2020 |
ojesymsym: Lmao These indians coming here seek expansion into new grounds really They have succeeded elsewhere most of the times You cant compare the two Growing up in Nigeria puts you in what I call the "cesspool of negativity" and that is why we are always on "preservation mode" like you have said To most Nigerians It's a daily fight out of poverty And a fight not to return to poverty That's why we are all playing safe I domt know if you get me 7 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:11pm On Jun 17, 2020 |
Theconglomerate: I trade occasionally It's not as easy as you paint it But thank u for the advice 1 Like |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:13pm On Jun 17, 2020 |
DexterousOne:Well yeah,trading is very hard and you have to be updated to always be ahead of your competitors. It's a long term business,something you must commit 10 years plus to succeed. I did not say it was easy,but it's worth it in the long run if you care. |
Re: Treasury Bills In Nigeria by ojesymsym: 11:13pm On Jun 17, 2020 |
I agree with you. The point I am making is that it is not really just the state of the economy. Someone here said he would leave his house unrented the other day because of tenant wahala, house that he built with his money. That decision was not made because of the state of the economy. The bolded is true. Mindset issues. DexterousOne: |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:19pm On Jun 17, 2020 |
ojesymsym: The mindset issue o It's very very problematic for us Hope we will break free one day There are no structure in place No safety net Every man for himself Dog eat dog So after hustling sweat and blood .and I accumulate a small portfolio of N26.7m You expect that person to be adventurous? When there is high risk of losing it all?... And no mild credit facilities (the banks credit here is killing ) So what do you want em to do The indian have access to credit 6 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:28pm On Jun 17, 2020 |
ojesymsym:Well,trading is very good if you know the business well. They own the markets and dictate to manufacturers most of the time,unless a smarter and very rich manufacturer comes into play and change the music for them. Na traders dey determine whether your product will sell or not and are most times richer than you. So be careful before you try to talk them down. Diageo and pernod-ricard are both trading companies that went on acquiring spree buying out their manufacturers and turn them to boy-boy! ![]() ![]() 4 Likes |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:36pm On Jun 17, 2020 |
JHL weh na ordinary importer according to some people is dictating the tune for a whole Moet-Hennessy in Nigeria. Be guided. 1 Like |
Re: Treasury Bills In Nigeria by ojesymsym: 11:43pm On Jun 17, 2020 |
Of course trading makes more money than actual producers. The price a farmer sells his basket of tomatoes in faraway North is probably the same price of a few kgs in Shoprite. If production was easy we would have many oil maguls building refineries, not importing products and collecting subsidies. If you have funds today you can start trading immediately whereas for production, you would have to tie money down building your factory. Then there is the issue of power to contend with. So yes I know the advantages of trading Theconglomerate: 1 Like |
Re: Treasury Bills In Nigeria by Theconglomerate(m): 11:46pm On Jun 17, 2020 |
ojesymsym:Na sooo... ![]() ![]() |
Re: Treasury Bills In Nigeria by DexterousOne(m): 12:09am On Jun 18, 2020 |
ojesymsym:Exactly |
Re: Treasury Bills In Nigeria by AdaoraNK(f): 3:14am On Jun 18, 2020 |
chidekings: Immediately I got wind of the news I placed a called to an account officer and he debunked the claim. News should be verified and not rushing to bring it to a public forum Ike this. 2 Likes |
Re: Treasury Bills In Nigeria by AdaoraNK(f): 3:42am On Jun 18, 2020 |
ahiboilandgas: Hmmm.... Interesting and dye opening. |
Re: Treasury Bills In Nigeria by AdaoraNK(f): 3:45am On Jun 18, 2020 |
emmanuelewumi: Lol |
Re: Treasury Bills In Nigeria by damilola1978: 4:02am On Jun 18, 2020 |
Theconglomerate:sorry what's JHL? |
Re: Treasury Bills In Nigeria by damilola1978: 4:11am On Jun 18, 2020 |
ojesymsym:excess liquidity is the issue and not forgetting our rubber stamp Senate that has been approving quite a number of huge foreign loans ...like everyone is saying, one has to venture into one of these industries..these rates may not edge up till when it's time to pay back those foreign loans...I want to see how our government will rob peter (collect foreign loan again) to pay paul( offset existing foriegn loans) |
Re: Treasury Bills In Nigeria by mickky22: 5:27am On Jun 18, 2020 |
Theconglomerate: Which sector can one invest please. |
Re: Treasury Bills In Nigeria by Satoshi2019: 7:12am On Jun 18, 2020 |
But people do u notice how Emma and Ahib oil argue respectfully? No insults. No name calling. They tackle issues without taking it personally. @conglomerates hope u are learning how to disagree without being disagreeable. Welldone sirs. I'm learning too 25 Likes |
Re: Treasury Bills In Nigeria by Galactico4ever(m): 7:15am On Jun 18, 2020 |
damilola1978:JHL means josien holdings limited owned by Chief Joe Ogbegbor. |
Re: Treasury Bills In Nigeria by Crazeworld(m): 7:26am On Jun 18, 2020 |
Satoshi2019:True. And both of them give practical examples... not just theories 8 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 7:54am On Jun 18, 2020 |
Nigeria Sells Treasury Bills to Investors at 1.80% https://businesspost.ng/economy/nigeria-sells-treasury-bills-to-investors-at-1-80/ |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:22am On Jun 18, 2020 |
dipoolowoo:inflation is 12.5 percents who are those investing at 1.88 .....that a huge lost ...... 3 Likes |
Re: Treasury Bills In Nigeria by freeman67: 8:25am On Jun 18, 2020 |
dipoolowoo: When I can conveniently leave the money in my bank account at 3.75 instead. 9 Likes |
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