Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,174,728 members, 7,892,875 topics. Date: Wednesday, 17 July 2024 at 07:21 PM

Treasury Bills In Nigeria - Investment (1351) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4547945 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)

(1) (2) (3) ... (1348) (1349) (1350) (1351) (1352) (1353) (1354) ... (2251) (Reply) (Go Down)

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:53pm On Jun 23, 2020
ositadima1:


Ok, we dont need such investors o.
Fdi are long term planner they have to invest in fixed assets like factories office etc ...so they use a separate parameter to guide investments...like the long term value of Naira ,political stability,market size,consumer purchasing power and spending habits etc .....

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:57pm On Jun 23, 2020
ositadima1:


Ok, we dont need such investors o.
yes ooh i hate them too but cbn/emefele was atttacting them witb his 13 percent on omo treasury bills and banned us local from buying omo only tb at 3.8 while oyinbo was buy tb at 13.8 ....it was his strategy to pro up the naira .....fpi also helps Nigeria stock exchange.....they invested around 400m dollars in dangote cements and have a board member...

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:59pm On Jun 23, 2020
Omo auction (tb) is supposed to be used to manage liquidity and inflations trends ....while dmo tb to raise short term funds but emefele change to to attract dollars ...now dem wan jar ....some countries dont allow foreigners to invest in tb....cos of the problem of repatriation of funds..it affect their exchange

1 Like 1 Share

Re: Treasury Bills In Nigeria by AdaoraNK(f): 10:29pm On Jun 23, 2020
emmanuelewumi:



He wants to introduce you to importation of goods from China.

Really! I fear nairaland though when it relates to business. Have been ripped off twice here. But I do get little goods from there and its basically cosmetics.

He should just look out for the market. Another suspicious loophole I identified was that there is no specific product him and the so called Chinese have in mind to trade on.
Re: Treasury Bills In Nigeria by Enyinne(f): 11:14pm On Jun 23, 2020
I cant wait till then , but I will benefit on thr long run
ahiboilandgas:
we are awaiting for cbn to resume sale to us (bdc) ...Abcon send us a mail that it will be when international air travels start .....may around August 24.......once we start getting bids we have a stability....
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:26pm On Jun 23, 2020
ahiboilandgas:
Omo auction (tb) is supposed to be used to manage liquidity and inflations trends ....while dmo tb to raise short term funds but emefele change to to attract dollars ...now dem wan jar ....some countries dont allow foreigners to invest in tb....cos of the problem of repatriation of funds..it affect their exchange

Well said
Re: Treasury Bills In Nigeria by Tvegas(m): 11:32pm On Jun 23, 2020
ahiboilandgas:
they want price unification with import and export window ...may be 400 ....dont purchase from the black markets untill they resume sale to bdc ....it already over priced ...
The CBN is living in denial hence a second round of devaluation is inevitable at this point.
Re: Treasury Bills In Nigeria by naijaoyibo: 11:48pm On Jun 23, 2020
Another Black market inside the I&E window
https://www.abokifx.com/news/fg-states-eye-n212b-revenue-as-naira-heads-to-n400-vanguard

Re: Treasury Bills In Nigeria by ahiboilandgas: 11:53pm On Jun 23, 2020
Enyinne:
I cant wait till then , but I will benefit on thr long run
u might fall into the 10 bn naira speculative loss anticipated by Abcon...
Re: Treasury Bills In Nigeria by 4tunebest(f): 11:59pm On Jun 23, 2020
Nwokeomajayb:
Are you selling yours? I’m ready to buy.

I currently have a plot and half at Adron's City of David Estate (Phase 1), Shimawa after successfully selling off half plot from a total of 2 plots last year. I am selling for half the current market price 'cos I relocated out of town and no longer available to develop the site allocated to me with corresponding documents. You may send me a pm if interested. If not interested, no wahala smiley

1 Like

Re: Treasury Bills In Nigeria by DexterousOne(m): 1:31am On Jun 24, 2020
Tvegas:
The CBN is living in denial hence a second round of devaluation is inevitable at this point.

They are probably betting on oil price recovery
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:33am On Jun 24, 2020
naijaoyibo:
Another Black market inside the I&E window
https://www.abokifx.com/news/fg-states-eye-n212b-revenue-as-naira-heads-to-n400-vanguard


Madness in the country
Re: Treasury Bills In Nigeria by einsteine(m): 2:52am On Jun 24, 2020
ositadima1:


Let them run, some new FDI are coming in, I heard the France's largest telecom company, Orange, is planning to come in. Soldier go soldier come.

Orange is not coming.

They are supposed to increase their stake in 9mobile but sources say the transaction may not happen.
Re: Treasury Bills In Nigeria by ositadima1(m): 7:51am On Jun 24, 2020
einsteine:


Orange is not coming.

They are supposed to increase their stake in 9mobile but sources say the transaction may not happen.

What is your source? Here is mine;

https://nairametrics.com/2020/06/21/frances-orange-move-into-nigeria-spells-trouble-for-resident-telcos/

I know about 9mobile, they own 65% .
Re: Treasury Bills In Nigeria by Enyinne(f): 9:09am On Jun 24, 2020
Hopefully i will it grin
ahiboilandgas:
u might fall into the 10 bn naira speculative loss anticipated by Abcon...
Re: Treasury Bills In Nigeria by firmi(m): 10:32am On Jun 24, 2020
https://nairametrics.com/2020/06/24/9-mobile-confirms-orange-did-not-purchase-any-stake-in-9-mobile/
ositadima1:


What is your source? Here is mine;

https://nairametrics.com/2020/06/21/frances-orange-move-into-nigeria-spells-trouble-for-resident-telcos/

I know about 9mobile, they own 65% .
Re: Treasury Bills In Nigeria by ositadima1(m): 11:15am On Jun 24, 2020
firmi:
https://nairametrics.com/2020/06/24/9-mobile-confirms-orange-did-not-purchase-any-stake-in-9-mobile/

That is really bad from the columnist, misleading the public like that. What they actually own is EQUANT NIGERIA LIMITED.
https://www.orange.com/en/content/download/22742/471975/versio
Re: Treasury Bills In Nigeria by ojesymsym: 11:30am On Jun 24, 2020
ahiboilandgas:
..

If I follow your argument correctly, then these changes mostly affect the FPIs and those who converted their forex into Naira to do fixed term investments in Nigeria and not necessarily those who were already operating in Naira, am I right?

Looks like they have banned oga Ema again.
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:50am On Jun 24, 2020
[quote author=ojesymsym post=91014944]

If I follow your argument correctly, then these changes mostly affect the FPIs and those who converted their forex into Naira to do fixed term investments in Nigeria and not necessarily those who were already operating in Naira, am I right?

Looks like they have banned oga Ema again.[/quote) yes we that live in Nigeria battle only inflations as our expense is in naira ....example if naira is devalued i can still buy yam for 500 naira Naira has devalued by 100 percents but your rents have not moved by 100 percents ....example of 2 bderoom is 400k in 2014 is may be now 500k in 2020....but i am paying fees in ireland (12000 euro) in 2014 will be 2.5m naira annually.....now in 2020 i will be pay (13500 euro) which is 5m .....so i need more naira to achieve same thing...

3 Likes

Re: Treasury Bills In Nigeria by GonFreecss1: 11:52am On Jun 24, 2020
ositadima1:


Let them run, some new FDI are coming in, I heard the France's largest telecom company, Orange, is planning to come in. Soldier go soldier come.

This is good news. We especially need FDI’s and I am glad it’s a Telecommunications company.

MTN and Spectranet together disgraced me days back in an interview.

1 Like

Re: Treasury Bills In Nigeria by Noah2gud(m): 12:55pm On Jun 24, 2020
@ Oxford group Nigeria

We are offering 40% return on pepper farm investment for a period of 9month.

More so, we are giving 100% guarantee that your capital is save and your interest in secured
As we will be giving a legal document; *DEED of Contract*

And we also give *Post dated cheque* indicating the total amount of your capital and interest, immediately after the payment.

Kindly call or Whatsapp: 08108759222 to start investing

Re: Treasury Bills In Nigeria by ositadima1(m): 12:59pm On Jun 24, 2020
https://nairametrics.com/2020/06/23/breaking-nigeria-close-to-securing-3-billion-world-bank-facility/

Nigeria close to securing $3 billion World Bank facility.

My question is if Nigeria has $33 billion in their reserves why this loan? Is it that the loan is dirty cheap because of the Corona circumstances? Plus what d loan will be used for is not very clear.
Re: Treasury Bills In Nigeria by ojesymsym: 12:59pm On Jun 24, 2020
Point noted.
It now becomes easier to follow your position once I can separate when you are talking forex (devaluation) and naira (inflation).
Thanks
[quote author=ahiboilandgas post=91015735][/quote]
Re: Treasury Bills In Nigeria by GonFreecss1: 1:01pm On Jun 24, 2020
ositadima1:
https://nairametrics.com/2020/06/23/breaking-nigeria-close-to-securing-3-billion-world-bank-facility/

Nigeria close to securing $3 billion World Bank facility.

My question is if Nigeria has $33 billion in their reserves why this loan? Is it that the loan is dirty cheap because of the Corona circumstances? Plus what d loan will be used for is not very clear.

The loans are quite cheap though. They are not up to 1% interest I think.

Still we need to be careful.
Re: Treasury Bills In Nigeria by ojesymsym: 1:28pm On Jun 24, 2020
I prefer the Chinese counterpart loans that are tied to projects.
GonFreecss1:


The loans are quite cheap though. They are not up to 1% interest I think.

Still we need to be careful.
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:55pm On Jun 24, 2020
DexterousOne:



Madness in the country


You will need about $250,000 as a Nigerian to have your business legally registered in Ghana and must employ at least 5 Ghanaians so I learnt.

Is that true?
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:07pm On Jun 24, 2020
emmanuelewumi:



You will need about $250,000 as a Nigerian to have your business legally registered in Ghana and must employ at least 5 Ghanaians so I learnt.

Is that true?

Unfortunately

The law actually is applicable across board

But the argument we always have is that because we are ECOWAS members
There should be some concessions for us

But apparently, GIPC dont care

I dont know about the employing ghanaians part sha
But I believe that is the case as well.

However
You will be surprised to see all manners of foreigners troop in grin cheesy grin


Most Nigerians dont have $250k to spare

So we (actually they) slug it out on the streets
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:15pm On Jun 24, 2020
DexterousOne:


Unfortunately

The law actually is applicable across board

But the argument we always have is that because we are ECOWAS members
There should be some concessions for us

But apparently, GIPC dont care

I dont know about the employing ghanaians part sha
But I believe that is the case as well.

However
You will be surprised to see all manners of foreigners troop in grin cheesy grin


Most Nigerians dont have $250k to spare

So we (actually they) slug it out on the streets


If you have the $250k and asked to invest in either Nigeria or Ghana, where will you choose?
Re: Treasury Bills In Nigeria by ojesymsym: 2:20pm On Jun 24, 2020
Good question, time to put your money where your mouth is.

emmanuelewumi:



If you have the $250k and asked to invest in either Nigeria or Ghana, where will you choose?
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:30pm On Jun 24, 2020
emmanuelewumi:



If you have the $250k and asked to invest in either Nigeria or Ghana, where will you choose?
place with highest returns and more stable currency

1 Like

Re: Treasury Bills In Nigeria by AdaoraNK(f): 2:30pm On Jun 24, 2020
emmanuelewumi:



If you have the $250k and asked to invest in either Nigeria or Ghana, where will you choose?

With that amount I will venture into production. And for sake of electricity, I'll choose Ghana. Though Nigeria has a bigger market, I can still ship to Nigeria market. Just as we buy from China and other countries.

1 Like 1 Share

(1) (2) (3) ... (1348) (1349) (1350) (1351) (1352) (1353) (1354) ... (2251) (Reply)

Nigerian Stock Exchange Market Pick Alerts

Viewing this topic: fatjo(m) and 1 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 51
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.