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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4595736 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 emmanuelewumi(m): 2:33pm On Jun 24, 2020 |
ahiboilandgas: I think that place has a name. Ghana or Nigeria 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:42pm On Jun 24, 2020 |
emmanuelewumi:...tb ghana 18 tb nigeria 3.8 ....i cedi =Bleep dollars ....1 dollars=380,420,450,470.. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:45pm On Jun 24, 2020 |
ahiboilandgas: Very good perceptive. Why haven't you relocated to Ghana ![]() 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:47pm On Jun 24, 2020 |
Have you forgotten that cedi was redenominated about 13 years ago, whereby four zeros were removed. Soludo wanted to try it will Naira by removing three zeros, but it was resisted 3 Likes
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Re: Treasury Bills In Nigeria by Ibrahim505(m): 2:53pm On Jun 24, 2020 |
Noah2gud:I may invest only 10% of my cash at hand if @emmanuelewumi can recommended it. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:56pm On Jun 24, 2020 |
emmanuelewumi: I'll choose ivory coast over ghana and Nigeria But since its between Ghana and Nigeria It's going to be Ghana. There is a coded pet project I run (or will I say fund cos I'm hardly there lmao) in ghana Not too big I have been impressed with the outcome so far. Being Nigerian I have to invest a sizable chunk of my investment in Nigeria But I'll rather invest in Ghana ![]() |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:57pm On Jun 24, 2020 |
Ibrahim505: Your risk tolerance and knowledge about the investment should determine what you invest in. They have a thread for such Investments, just listen to the analysis of people who invest in such. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:59pm On Jun 24, 2020 |
AdaoraNK: Hope you know that exportation is almost hassle free in Ghana ![]() ![]() |
Re: Treasury Bills In Nigeria by ojesymsym: 3:11pm On Jun 24, 2020 |
Na so una de hype Ghana over the years that many of us began to think Nigeria was so so useless, only for PMB to close the border and the whole of West, East and part of Northern African began to feel the heat. I watch some Ghanian stations sometimes, you need to see how they sometime blast their leaders and telling them to take a cue from Nigeria and here we are pretending they are better than us. Many of their economic indexes are Audio. DexterousOne: 16 Likes |
Re: Treasury Bills In Nigeria by Godbpraised: 3:12pm On Jun 24, 2020 |
Oga na hyper inflation go chop ur profit finish for ghana ooo, the way inflation dey jump up for ghana hmmm no be beans oh. ahiboilandgas: 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:16pm On Jun 24, 2020 |
Godbpraised:...i no get info |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:19pm On Jun 24, 2020 |
ojesymsym: What are you talking about sir? I have lived and experienced life in both countries (actually multiple countries) And I am telling you based on my own personal experience That I'll rather invest in Ghana than in Nigeria Nigerians and Americans behave in the same way in this respect lmao ![]() ![]() Always triggered when theh hear stuff like this that make them think its putting the country down ![]() ![]() ![]() |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:20pm On Jun 24, 2020 |
ojesymsym: This is a joke right? Hahahahahahaha ![]() ![]() |
Re: Treasury Bills In Nigeria by NL1960: 3:21pm On Jun 24, 2020 |
ojesymsym: Because Ghana artificially removes zeroes from their exchange rate, dem begin hype Ghana all over the place as if Nigeria cannot also remove zeroes from the exchange to make it $1 to 30kobo. 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:23pm On Jun 24, 2020 |
ahiboilandgas: It's better to be actively invested in Ghana than investing in securities Venture Capital is becoming a big thing in Ghana too If you are lucky to strike the cord correctly twice You will be made. Quite shameful that we are not so big on venture capital in Nigeria There are opportunities in Nigeria There are opportunities in Ghana too But Ghana is where I'll rather invest more if I had the luxury of choice |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:26pm On Jun 24, 2020 |
NL1960: That is not the point Many Nigerians dont seem to get it It has nothing to do with currency And every thing to do with LEADERSHIP ans POLICY. Japan has one of the WEAKEST currencies on the planet Its weaker than NGN ZAR and GHS However, the Japanese GDP is bigger than the whole of africa put together And USA is owing Japan to the Tune of $1.1 trillion and counting So its not about currency or adding or removing zeroes. Nigerians we think we are all that ![]() ![]() That has always been our problem (AND AMERICANS ALSO HAVE THIS ISSUE) Nigeria is making its strides OTHERS ARE MAKING THEIR OWN STRIDES TOO 5 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 3:28pm On Jun 24, 2020 |
Which joke? One of the ones I remember off my hat was when I heard a speaker say something like, "when Ghana hopes to get a big brand like Glo, fully national company playing across the sub terrain" Nigeria is not edorado but it is definitely not a write off DexterousOne: 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:29pm On Jun 24, 2020 |
ojesymsym: Did anyone say Nigeria is a total write off? |
Re: Treasury Bills In Nigeria by ojesymsym: 3:33pm On Jun 24, 2020 |
Sir, Japan does not have one of the weakest currency on the planet sir. It is around yen120 to 1USD, definitely not close to been one of the worse in the world. If you want to compare Nigeria with any African country please use South African, Rwanda or Moroco and perhaps Kenya and some other silent countries in Southern Africa. Oga Ema mentioned in either this thread or NSEMPA thread that Uniliver moved their production facility from Nigeria to Ghana only for it to coincide with the border closure and they could not sell their products to the extent that the Ghanian CEO was queried, here you are hyping Ghana like say na Dubai. DexterousOne: 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 3:36pm On Jun 24, 2020 |
ahiboilandgas:I bought a plot of land in an estate at magboro for 4m naira then €20000. I sold it in 2017 for 5m naira, in naira I gained 1m but lost about €6000. Since then I learnt never to convert my foreign currency to naira again. I only invest naira ROI in Nigeria and my foreign income in foreign investment. 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by ojesymsym: 3:36pm On Jun 24, 2020 |
I swear, I also bought into the hype. Now that I think of it rationally, it is like someone visits Abuja in Nigeria and goes back to Gabon and start telling them Nigeria is like heaven. Accra and Kumassi are the major cities there. NL1960: 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:38pm On Jun 24, 2020 |
ojesymsym: Japan has one of the weakest currencies on earth South Korea own is even weaker Its weak But somewhat stable. I read the comment from NSE thread The border closure was unfortunate But then That does not take anything still away from Ghana The production plant was sited there to service the Nigerian market And that was the mistake I'm sure the industrial space at TV Africa thaf focuses on the Ghanaian market is not as badly hit as this CEO. As for the bolded Hahahahahahaha That's all I'll do Laugh out Loud |
Re: Treasury Bills In Nigeria by AdaoraNK(f): 3:38pm On Jun 24, 2020 |
DexterousOne: Really? Never knew that. Though its certain that most African countries are easy to do business than here where you have to know somebody before you get things done easy. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:39pm On Jun 24, 2020 |
Sholapey: The best thing to do If you are Nigeria centric What should worry you is more of inflation Than the FOREX rate |
Re: Treasury Bills In Nigeria by GonFreecss1: 3:39pm On Jun 24, 2020 |
emmanuelewumi: The fact that people keep forgetting this and think Ghanian currency is stronger than ours is funny. After Rand, Naira is the next best thing in Africa. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:41pm On Jun 24, 2020 |
GonFreecss1: Currency does not tell the full story I keep telling people everywhere I go. And Naira being the next big thing after rand I'm not too sure about that tho. But Fundamentals of a country Its policy and all Is what matters most 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:42pm On Jun 24, 2020 |
Sholapey:....smart investor.... 2 Likes |
Re: Treasury Bills In Nigeria by GonFreecss1: 3:42pm On Jun 24, 2020 |
Godbpraised: I don’t like that we are oil dependent, but Nigerians keep underestimating Nigerian oil and how it has continuously saved our savings. Some people arguing nonsense that Ghanian currency is stronger than ours. I laugh. If not for our population explosion that affects our GDP per capita... wetin concern Croaker with sardines? 1 Like |
Re: Treasury Bills In Nigeria by GonFreecss1: 3:43pm On Jun 24, 2020 |
DexterousOne: Bro! Forget that one. Nigeria might be turbulent, but I rather leave my savings in Nigeria than Ghana. Me I know what I am saying o. The numbers dey there. |
Re: Treasury Bills In Nigeria by GonFreecss1: 3:44pm On Jun 24, 2020 |
DexterousOne: Bro. Who told you we are not big on VC funds? |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:45pm On Jun 24, 2020 |
DexterousOne: Edit Scratch the NGN there Naira has fallen so much that it's now below the YEN. Pardon me. But my point still stands |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:46pm On Jun 24, 2020 |
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