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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4614584 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 topsquino(m): 11:59pm On Jul 05, 2020 |
XiaoLi: ![]() ![]() ![]() It's simple. Buy when naira is stable and sell when it's unstable. And then convert it back when it's stable. 4 Likes |
Re: Treasury Bills In Nigeria by ukay2: 12:16am On Jul 06, 2020 |
ZOOMED TO BILLIONS [a long but worthwhile read] Eric Yuan, am Chinese American that migrated to the US at the age of 27 in 1997 barely able to speak English. He was born in 1970 in Tai’an, Shandong Province of China. As at 4th grade, he was collecting construction scraps to recycle copper for cash. He had his first degree in Applied Mathematics and his Masters in Engineering. He spent 4 years working in Japan until Bill Gates went there to speak in 1994. He decided to move to California with the little English he knew but was denied visa 8 times before the future billionaire was allowed on the 9th application to fulfil his dream in 1997. He was good at writing codes so she spent the first several years in the US writing codes. He first worked for Webex - a videoconferencing start up until it was acquired by Cisco Systems in 2007 when he became Vice President Engineering. He was about 17 when the idea that eventually became ZOOM came to him. He was inspired to develop videotelephony software on a 10 hour train journey to see his girlfriend. He could only see her twice in a year and he wanted an easier way to “visit” her. In 2011 while working with Cisco, he pitched a new smartphone friendly video conferencing system to Cisco Management but he was shot down. Cisco was hoping to compete with the FB social networking and his idea was out of place. They found out they made a huge mistake 3 years later. Eric Yuan left Cisco to start ZOOM Video Communications in 2011. He laboured and received many rejections as he could not get any funding for the platform as they kept on telling him that ‘the market is too crowded’. Even his wife initially questioned why he left his comfortable role in Cisco where he was already a top shot but he told her “I KNOW IT IS A LONG JOURNEY AND VERY HARD, BUT IF I DON’T TRY IT, I WILL REGRET IT’. He changed his screensaver to “It can’t be done” in order to get provoked as he kept working. Zoom kicked off in a crowded market but it cut a brand and a style for itself. As at 2017, Eric Yuan was everything in ZOOM. He was even in the Customer Service sending emails and receiving phone calls whilst also personally chasing after those who cancelled their subscription. He is so popular with his own staff as the all gave him 99% approval rating with the outside one percent being his own self rating. He reached the billion mark in April 2019 and was still remained unknown among the Forbes top richest people. He was not even near the top 500 richest as at December 2019. Since the pandemic began, he has gatecrashed into the Forbes’ 500 richest humans landing at number 192. He is currently worth $10-11 billion dollars. These billions were made on the back of lockdown with many organisations and companies signing up lucrative subscriptions. Some of them include Samsung, Uber, Walmart, Capital One and etc. Many denominations and parishes that never knew of Eric Yuan signed up for his ZOOM platform in order to continue the gospel propagation and meeting the needs of their members. We at Hope Connections are one of them. I hope you can read in-between the texts to take something home with you. At age 17, an idea was sown in his heart whilst trying to solve the distance problem between him and his girlfriend. When I was at that age, girlfriend or boyfriend was a sin. To now have time dedicated to solving distance problem between me and a girlfriend was definitely impossible. Mama Deji will tell you to face your future so you become a medical doctor. I am not here to blame our parents. I am just here to remind someone that the idea you had to solve a problem years back can still be worked out. Just resurrect it. Time hushpuppy and his gang spent on scamming the vulnerable one could have been diverted to writing codes. It is a shame that with all the scamming, stealing and defrauding people, government patronage and etc, none of them is as rich as Eric Yuan with his idea! Ideas rule the world but unfortunately, the church is not allowing her members to make use of the ideas given to them by God or inspired by the circumstances around them. I am sorry I mentioned the church. I blame some of us for the state of poverty of the people we attend to when we continue to organise 9am to 12noon programmes for them during weekdays when they should be looking for work or meditating on proffering solutions to the numerous problems around them. ZOOM has 300 million meetings DAILY. Eric Yuan owns 22%, and as a church, we are subscribed to a professional platform for 500 participants paying £40 a month. That means 22% of our subscription enriches Eric Yuan who may probably not believe in what we believe. When you look at it from my perspective, you will ask questions that I ask. Why are the best ideas in life coming from people we believe have no part in our God? Why are the wealthiest people the ones outside of faith...they don’t pay tithes, they don’t give any sacrificial offerings in the church, they don’t ‘hear’ from God like we mostly say! So sir, if you are church person with a medical background, I think it is high time we went back to God. We must be able to pray and heal or develop vaccines to cure some serious ailments. If you are an engineer and you belong to the church, millions of ideas should be seriously buzzing in your heart now. Seriously, if we practically follow the biblical principle, as we are discipling the nations, we should be lending to the nations also. Going by the way we ‘disturb’ God with our prayers, we should be the one with answers to the world problems. Let us be the light! *Copied. Written by Amos Ajewole, Pastor RCCG Hope Connections Huddersfield* 13 Likes 3 Shares |
Re: Treasury Bills In Nigeria by Precious44(m): 12:20am On Jul 06, 2020 |
Re: Treasury Bills In Nigeria by DexterousOne(m): 12:30am On Jul 06, 2020 |
ukay2: Well articulated article 2 Likes |
Re: Treasury Bills In Nigeria by Akin3891: 12:53am On Jul 06, 2020 |
emmanuelewumi: You don't feel free or safe discussing business/investments with friends that can't keep up with you financially, how can you gist about buying bonds worth of millions with a friend that doesn't have 500k in his account, you are only brewing jealousy which could consume one life. Sometimes, the more you grow financially the less friends you should have. You've got a car,a house, a family and other things that make life comfy, but a buddy that is struggling to keep up.. how relax can you be having drinks in a bar with such friends.. ? seems playing with fire... Each conversation you have with such friend becomes a trap of jealousy that may result in conflicts. God help you if you have the type that smile and laugh convincingly to be worthy of a true pals but deep down, he's patiently waiting for your downfall n the day he will say.. shey na only 27 Likes 1 Share |
Re: Treasury Bills In Nigeria by pakingzzzzz(m): 1:55am On Jul 06, 2020 |
Leezah: Hello.. Don't want to disturb with unwanted dms. So I'm writting with my email kingsleyobinna26@yahoo.com |
Re: Treasury Bills In Nigeria by chukzyfcbb: 2:54am On Jul 06, 2020 |
emmanuelewumi:Our investment Sensei, this is not absolutely correct, I made a transaction below 100k and it was accepted. However, when you first meet them at the counter they will be like why don't you have am ATM for this account and my answer is, I have an ATM for another account but not this one ![]() when your funds are plenty in an account, it's best to go the old school way (paper and pen) to avoid stories that touch. so it depends. it's been a while I visited here since rates crash ![]() Lots of knowledge flying around 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:00am On Jul 06, 2020 |
pakingzzzzz: You are on a long thing. Just posted your email just like that. |
Re: Treasury Bills In Nigeria by pakingzzzzz(m): 3:08am On Jul 06, 2020 |
emmanuelewumi:Yes. I like long things.. Let the spammers come.. Email don land 4 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 5:23am On Jul 06, 2020 |
..and you make a kill on each devaluation too ![]() topsquino: 2 Likes |
Re: Treasury Bills In Nigeria by shogbenga: 6:19am On Jul 06, 2020 |
emmanuelewumi: Fbn quest.....we are still on it |
Re: Treasury Bills In Nigeria by shogbenga: 6:25am On Jul 06, 2020 |
Akin3891: On point... It's better to drink alone 1 Like |
Re: Treasury Bills In Nigeria by miredia(m): 6:39am On Jul 06, 2020 |
ahiboilandgas:Bros, how current and accurate is this rate to kano? N1m+? � It used to be 500k. Can you honestly confirm this rate sir? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:43am On Jul 06, 2020 |
shogbenga: FBN Quest Trustees and United Capital Trustees are about the biggest for that service |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:47am On Jul 06, 2020 |
shogbenga: In a bar, listen to music, sip your drink, take your pepper soup, Asun, Nkwobi, enjoy the moment and environment. Then go back home 6 Likes |
Re: Treasury Bills In Nigeria by davosky304: 7:01am On Jul 06, 2020 |
emmanuelewumi: That's just it sir, I rather go to a nice bar, listen to karaoke, take a nice beer or wine, and enjoy the ambiance ohhh |
Re: Treasury Bills In Nigeria by SMJay: 7:04am On Jul 06, 2020 |
Magnetron:Run from carbon it own by Pascal son the daimond bank excutive. He does not have experience at managing businesses. |
Re: Treasury Bills In Nigeria by Aquilapriscilla: 7:07am On Jul 06, 2020 |
ukay2:My God, this write up is seasoned with Grace As Believers we must be examples in everything we do,we must shine the light, let be hard working and shun evil. 4 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:11am On Jul 06, 2020 |
miredia:it 19.05 pef rate plus 3 naira local bridging if above 50km from depots |
Re: Treasury Bills In Nigeria by Acme77: 7:28am On Jul 06, 2020 |
emmanuelewumi: Food for thought sir. |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:05am On Jul 06, 2020 |
Nova Merchant Bank Limited is seeking to raise up to N10 billion 7-year Fixed Rate Subordinated Unsecured Bonds under its N50 billion debt issuance programme. The bond has a yield of from 12 per cent to 12.50 per cent. The offer, which opened on June 30, will close on July 8, 2020. According to the bank, it will use the proceeds from the bond issuance to invest in long-term risk assets, as part of its medium-term growth strategy. Proceeds of the bond issue will also serve as Tier-II capital for the bank, within the requirements of the Central Bank of Nigeria(CBN). 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:06am On Jul 06, 2020 |
ahiboilandgas:invest or abandon... |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:10am On Jul 06, 2020 |
ahiboilandgas: I will go for FG bonds or state government bonds, corporate bond of top rated companies at juicy rates The name of this company does not ring a bell, my opinion though 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:13am On Jul 06, 2020 |
emmanuelewumi:from cbn website ....List of Financial Institutions Merchant Banks 1 Coronation Merchant Bank Limited 2 FBN Merchant Bank 3 FSDH Merchant Bank Ltd 4 NOVA Merchant Bank 5 Rand Merchant Bank Nigeria Limited |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:17am On Jul 06, 2020 |
NEWSNOVA Merchant Bank Limited Declares N1.65billion PAT NOVA Merchant Bank Limited has released its audited results for the financial year ended December 31st, 2019, recording impressive performances across its major financial lines. |
Re: Treasury Bills In Nigeria by DextrousDavid(m): 8:41am On Jul 06, 2020 |
Hello investment masters. please I have 5k. (I kow it's not really much but I'm really determined) is there any way I can invest it,? 2 Likes |
Re: Treasury Bills In Nigeria by X21: 8:46am On Jul 06, 2020 |
[quote author=ahiboilandgas post=91428592]NEWSNOVA Merchant Bank Limited Declares N1.65billion PAT just about 2 years in operation https://businesspost.ng/banking/nova-merchant-bank-begins-operations/ |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:46am On Jul 06, 2020 |
ahiboilandgas: The first three are very strong, the fifth one is a South African bank. 2 Likes |
Re: Treasury Bills In Nigeria by DextrousDavid(m): 8:49am On Jul 06, 2020 |
topsquino: Boss of bosses @topsquino I like this idea o. How can I get started sir?. and I have got 5k for now o. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:50am On Jul 06, 2020 |
This is small compared to the size of fund needed by the bank
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Re: Treasury Bills In Nigeria by CsRockefeller(m): 8:53am On Jul 06, 2020 |
Akin3891: This is in bad taste. That means you never had a friend all through. Or don't know how to make quality friendship. Who said it must even be at a bar? Some valuable friends, real friends may never get to your level that doesn't make them envious or useless. Some of us have kept friends from our 1st year at school till date. Stop thinking everyone wants a piece of you because of your wealth. And d bar isn't where to make quality friendship. 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:59am On Jul 06, 2020 |
CsRockefeller: Different strokes for different people, we have different history, stories, backgrounds, circumstances, challenges and realities. We also go to different places for different reasons. As a matter of fact the higher you go the lower the amount of real friends you will have, because you won't be able to operate on the same frequency again A wise man said where we will be in 10 years will be determined by the types of friends we keep and the types of books we read. 14 Likes 4 Shares |
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