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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4596543 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 DexterousOne(m): 5:29pm On Jun 21, 2020 |
einsteine: Yea I noticed that Moroccan and French banks |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:30pm On Jun 21, 2020 |
It take him around 4 months to sells 12000 pcs and they combine capital to import.........no wonder chinese, and labasene traders are make a kill from trading in Nigeria due to our huge populations ..... 11 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 5:32pm On Jun 21, 2020 |
emmanuelewumi: Sir I'll refer you to one of my earlier comments as to why this is the case with Nigerians and our thinking 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 5:34pm On Jun 21, 2020 |
DexterousOne:@emmanuelewumi pls refer to this comment. Especially the bolded This is the reason for what you said about the Nigerian institutional investors It's a deep rooted psychological underpin That's why foreigners have the upper hand over us 4 Likes |
Re: Treasury Bills In Nigeria by Ibrahim505(m): 6:09pm On Jun 21, 2020 |
ahiboilandgas:There are many billionaires in Kwari market. Mudassir can never make the top 50 richest in the market 10 years ago, but today, he must be among the top 10 active players. He is living in my locality at Gorondutse, his residential building could worth 200m. Heard he is building a textile mall in Abuja, have in Kaduna and almost 10 in Kano. Kwari market in Kano, can easily transform someone struggling into a billionaire overnight as Chinese were banned to operate shops there. So, if Chinese found you trustworthy as a market player, they will be sending containers of textiles to you, your commission is per piece of a textile sold. 13 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:14pm On Jun 21, 2020 |
DexterousOne: Even in Agriculture the Investors cashing out are foreigners. Okomu Oil and Rubber, Presco are owned by foreigners. Foreign Investors at Okomu cash a total dividend of about N4 billion and management service fee of N1.5 billion. In Presco, the cashed out dividend of N1.2 billion and management service fee of about N1 billion. Just last week South African Institutional investor cashed out a dividend of over N3 billion from Dangcem. 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:19pm On Jun 21, 2020 |
DexterousOne: Institutional investors are Insurance companies, Pension fund managers, Private equity firms and Investment banking firm. I heard of the case of one such Investors who wanted to buy N10 billion worth of Sukuk, I learnt some invested more than that 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:26pm On Jun 21, 2020 |
emmanuelewumi:why can PFA in Nigeria are not investing in foriegn countries like South africa but be chasing tb at 3.8 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:40pm On Jun 21, 2020 |
emmanuelewumi: Those companies are run by PEOPLE NIGERIAN PEOPLE And for most Nigerians We are yet to rid ourselves of that "preservation mode" and "brute" mentality When we emancipate ourselves of that mentality We will think better 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:40pm On Jun 21, 2020 |
ahiboilandgas: They actually can |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:43pm On Jun 21, 2020 |
ahiboilandgas: They don't need to invest outside Nigeria. Friesland Wamco makers of peak milk is a Dutch company, their company makes a minimum profit after tax of N10 billion from a revenue of over N100 billion every year, they are also empowering Nigeria farmers and cattle ranches. Promasidor the makers of Cowbell is a South African company making billions of Naira and also empowering farmers. Olams is also very big in Agriculture. UAC used to have investments in Agriculture but they are not getting it right. Our institutional Investors need to identify opportunities and invest in such, they have the resources to carry out necessary feasibility studies and management of such opportunities 3 Likes 2 Shares |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:44pm On Jun 21, 2020 |
DexterousOne: I am not sure if PENCOM has given them such approvals, but they can invest in Sovereign Eurobonds 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:48pm On Jun 21, 2020 |
DexterousOne: They are just intellectually lazy, our problem is short term thinking. More wealth can be made by them and more people, when they Invest in enterprises or ventures that have the ability to create multiplier effects 1 Like |
Re: Treasury Bills In Nigeria by Cyberknight: 6:50pm On Jun 21, 2020 |
ahiboilandgas: They can invest in specified securities abroad, but I doubt the CBN would actually let them export substantial amounts of capital. In any event, I would say there are enough permitted investments they could take up in Nigeria. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:52pm On Jun 21, 2020 |
Ibrahim505: Why did they ban Chinese traders in the market? They are operating freely in Lagos sha oo 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:52pm On Jun 21, 2020 |
emmanuelewumi:so why is 400bn naira chasing tb at 3 percent ...600bn cashing sukus .. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:54pm On Jun 21, 2020 |
Cyberknight: Are you sure of this? |
Re: Treasury Bills In Nigeria by ahiboilandgas: 6:54pm On Jun 21, 2020 |
If they invest out side..it will be yielding dollars into Nigeria ....and help stabilies naira 1 Like |
Re: Treasury Bills In Nigeria by Cyberknight: 6:59pm On Jun 21, 2020 |
emmanuelewumi: I gave an opinion. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:03pm On Jun 21, 2020 |
Cyberknight: Okay just did a Google search, they can invest in bonds, Treasury Bills, stock market, real estate, cash and alternative investments. They make quarterly returns to PENCOM, it will be very difficult to monitor foreign investments. But PENCOM allowed foreign Investors to invest in some of the Pension Fund management firms. Actis just became the major Investor in Sigma Pension |
Re: Treasury Bills In Nigeria by Cyberknight: 7:04pm On Jun 21, 2020 |
ahiboilandgas: True. A lot also depends on the interest rates where they would be going and the kind of instruments, many countries "sterilise" fdi flows by requiring them to remain in the country for a specific period, so any such investment would have to be really worth it. Actually, until the tbills rate was cut last year, investing in them was a no-brainer for the PFAs; there was really nowhere else where such interest rates were on offer for a reasonably low risk. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:06pm On Jun 21, 2020 |
ahiboilandgas: We have some foreign owned institutions Investors and private equity firms that are doing things differently. Actis invested almost $900 million in real estate in Nigeria in the last 5 years 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:08pm On Jun 21, 2020 |
ahiboilandgas: Some real estate Investments in Nigeria are yielding dollars |
Re: Treasury Bills In Nigeria by Cyberknight: 7:12pm On Jun 21, 2020 |
emmanuelewumi: Really? Interesting. I wasn't aware they were in real estate; I know they were in Diamond Bank, and Sigma (actually encouraged someone to change their PFA to Sigma because of Actis). |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:22pm On Jun 21, 2020 |
Cyberknight: Yes, they are diversified. Google Actis Nigeria They always sell at a profit, they were once in UACN and had a representative on the board of directors 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:30pm On Jun 21, 2020 |
emmanuelewumi: It's the same thing we are saying sir. When you are in "preservationist mode" You are doomed to be a short thinker. And intellectual laziness plays its role too |
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:33pm On Jun 21, 2020 |
emmanuelewumi: Since the foreign investors are here It's a no brainer that our own fund managers should dedicate a portion of their portfolio to foreign investments out of the country too There are very big deals that can be struck abroad They should look into that |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:34pm On Jun 21, 2020 |
As at 2016 it was reported Actis invested $1.4 billion in across African real estate market According to the 2019 annual report of Stanbic IBTC, it was reported that Actis invested about $900 million in the Nigerian real estate sector. 2 Likes
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Re: Treasury Bills In Nigeria by ojesymsym: 7:37pm On Jun 21, 2020 |
But for most of us in this TB thread looking for bond, sukuk and mutual funds, we are on preservation mode which is why ahib and perhaps conglomerate are also trying to let us know that there are many other ventures for those who are young to try out with better returns DexterousOne: 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:38pm On Jun 21, 2020 |
DexterousOne: Charity begins at home, if you are not innovative here you cant be innovative abroad. I also believe this is the place for the institutional Investors to get great returns 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:43pm On Jun 21, 2020 |
ojesymsym: Some of us are well diversified into real estate, Treasury Bill, money market funds, FG bonds, corporate bonds, stock market, joint venture projects, personal businesses, real estate etc. I don't see such Investors as been in preservation modes 4 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:53pm On Jun 21, 2020 |
The biggest pension fund manager has over $7 billion under management that should be over N2.5 Trillion, the smallest ones have about N300 billion under management. I see no reason why 10% of such funds can't be Invested in growth sectors that can create long term wealth 1 Like |
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