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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4603601 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 Salliet(m): 8:00am On Jul 07, 2020 |
ahiboilandgas: That's 47.6% over the space of 3years! 2 Likes |
Re: Treasury Bills In Nigeria by Salliet(m): 8:19am On Jul 07, 2020 |
ahiboilandgas: Philip Odozua is the former MD of UBA before he retired recently. Nova is new and difficult to vouch for them except for the person of Philip. I guess these guys have been eyeing the oversubscription of government securities at an abysmal rate and are ready to mop it up. Please what's the meaning of unsecured bonds and investment in long term risk assets |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:43am On Jul 07, 2020 |
Salliet:it can be call of b4 time 4 Likes |
Re: Treasury Bills In Nigeria by NL1960: 9:29am On Jul 07, 2020 |
rationalmind: The banks use several parameters to determine what you are qualified for. So if your salary is always 'vanishing 30 minutes' after it is paid, the amount you are qualified for will likely be too small to waste time sending you an sms or email. ![]() |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:49am On Jul 07, 2020 |
Salliet: It means they can pay you back before maturity, unlike FG bonds that will run till maturity. That means if the current bond is to run for 10 years at 12%, if interest rates should come down to 6% they can hurriedly pay up the old Investors and offer another bond which they will pay Investors the current rate of 6%. Unlike FG bonds of 30 years at 16.5% offered about 3 years ago, FG will continue to pay for till maturity. I missed the FG bonds at 16.5%, I was busy buying 364 days Treasury Bills 11 Likes 1 Share |
Re: Treasury Bills In Nigeria by DexterousOne(m): 10:01am On Jul 07, 2020 |
Brainbox0806: That's interesting I think the mentality that is pervasive in Nigeria is insidious and fundamentally destructive I think that's the problem That's why we have these many many issues of envy and all that stuff that has been discussed in the last two or so pages As much as one wants to be liberal Let's not forget that we are in NIGERIA/AFRICA. The mentality issues are a real thing and a real problem 2 Likes |
Re: Treasury Bills In Nigeria by ukay2: 10:27am On Jul 07, 2020 |
emmanuelewumi: Sir, your really putting serious interest in bonds...... |
Re: Treasury Bills In Nigeria by Nobody: 10:45am On Jul 07, 2020 |
NL1960: Not sure it has ever stayed up to 30 minutes in that account. ![]() That way, if anything happens to whatever is left, I won't lose nuch sleep over it. ![]() 1 Like |
Re: Treasury Bills In Nigeria by janga(m): 10:50am On Jul 07, 2020 |
janga: Anybody? 1 Like |
Re: Treasury Bills In Nigeria by ositadima1(m): 10:50am On Jul 07, 2020 |
NL1960: Funny thing is that someone whose salary "vanishes in 30 minutes" needs the loan more than someone who hardly touch his salary. It is supposed to be based on how much salary received and how long that salary level has been coming in because after all the monthly deductions are automatic, they take their own first. |
Re: Treasury Bills In Nigeria by ositadima1(m): 10:53am On Jul 07, 2020 |
rationalmind: Very reasonable, why keep it when you can make some returns on it in the mean time. I dump mine in stocks. I am building my stock portfolio. |
Re: Treasury Bills In Nigeria by CsRockefeller(m): 10:55am On Jul 07, 2020 |
cirtapoyat: I don't want to sound sexist here or deviate from d topic but if you go back in time and study the creation of man according to each legend (The Christian perspective, Panku, Nono and Oboli, Oduduwa and co) You will agree with me that there are lots of benefit in having a male child. In a perfect world, d sex of a child won't matter, but we ain't in a perfect world. |
Re: Treasury Bills In Nigeria by mumayo: 10:56am On Jul 07, 2020 |
good morning all, has anyone invested in treasury bills lately. Thank you |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:05am On Jul 07, 2020 |
mumayo: I have not bought Treasury Bills in 2020 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:07am On Jul 07, 2020 |
ukay2: We learn everyday I thought why buying bonds at 16.5%, when I was getting 18% from Treasury Bills N10 million invested would have earned a total coupon of N48.6 million if held till maturity 3 Likes |
Re: Treasury Bills In Nigeria by ositadima1(m): 11:08am On Jul 07, 2020 |
CsRockefeller: A) Ensures ur family name lives on. B) Ensures ur wealth, inherited or not, stays in the family. C) Ensure a potential and financial backup in ur later years. D) Recognition from people who care about such things. ![]() ![]() ![]() 2 Likes |
Re: Treasury Bills In Nigeria by talk2tonie: 11:28am On Jul 07, 2020 |
janga: Look out for DMO calendar for Q3 to know about FGN Bond. Hopefully it should be out by this week or next week. No idea about next sukuk. 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:30am On Jul 07, 2020 |
ositadima1:really in Africa i think ....dangote has only daughters and her name is still fatima dangote Added to the husband name ....his mum is hajia maria dantatta she didnt move to Dangote cos dantata was richer then ....rich daughters now add their family names to their new name and ensure they stay within their wealth brackets 7 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:32am On Jul 07, 2020 |
ahiboilandgas: Don't you think Dangote needs a son? Just 2 daughters and he has retired from having more children. He is not behaving like a typical Nigerian big man at all 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:41am On Jul 07, 2020 |
emmanuelewumi:it wouldn't be bad for him to have a son ....he has 3 daughter not 2 ...the first is not very know she married to the owner of dantata and sawoe .....he very strange for a African/ hausa man unmarried /divorceed at 62 ....the other billionaire also divorceed b.u.a cement he not married two of them ...the late father of b.u.a cement had around 9 wives and 47 kids ....it was allege that he asked b.u.a chairman why him and Dangote both dollar billionares and not married .....he was forced by the father (also a billionare and cleric) to remarry ...but he divorced the wife after the father death.... |
Re: Treasury Bills In Nigeria by Nobody: 11:42am On Jul 07, 2020 |
ahiboilandgas:If I were you, i would cut him off completely. I had a friend like that some years back I could vouch for her 100% because she was extremely religious, I never knew she was just a smooth operator, two years ago God exposed her beyond my expectations. Watch closely People with envy can kill without remedy. 4 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 11:43am On Jul 07, 2020 |
They non want woman wahala I guess ahiboilandgas: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:44am On Jul 07, 2020 |
ojesymsym: I guess they opted for contract marriage, renewable every year |
Re: Treasury Bills In Nigeria by ukay2: 11:51am On Jul 07, 2020 |
Sholapey: Better Ma.... 1 Like |
Re: Treasury Bills In Nigeria by emmanuelgon: 11:56am On Jul 07, 2020 |
Hello Investors, Please what's the best platform to save for just 4 months with good return? It's more like a target savings. Can I invest in mutual funds etc. And withdraw 99% of after 4 months? I need a secured investment |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:57am On Jul 07, 2020 |
Sholapey:i slow down funny enough we where staying in same house 10 years ago he was occupying the master bedroom and me the single room ,he was controlling over 90 trucks while me 14 trucks ...he was living large and had shoes collections of over 5m ....so i didnt expect evny from him he was my senior by 15 years ...i was a bit conservative i so saved and invested ...i also done hunderd of business transcation with him and him taking the larger share ...he bought a car for me dash in 2004(850k ) ..he i was suprised at his bad energy .....i later studied him well he didn't want any of us to be above him financially and wanted to alway be the giver/chiarman .....his cousin that when from rich to broke he was supporting steady ..sold his house for 180m ....suprisely he not happy and kept telling me the house is not wort 180m and his cousin will squander the money... 5 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 11:58am On Jul 07, 2020 |
It doesn't sound in this case to be a serious one. I think the older guy is using Ahib as a form of motivator. As a younger version of who he could have been. It does not sound like a destructive form of envy but as a reality check and personal regret of his choices in life. That is how I read this particular case. Sholapey: 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:10pm On Jul 07, 2020 |
Not that he didn't want me to make money but it must be with him or not above him ...example i was recently contracted to move 10 containers of recycle plastics from abuja to istanbul (Turkey) so i give they job to friend that normally exports to Australia....my friend was angry ..that i have directed the job to him then him to the 3 guy that will do the job ....that all monies should be paid to his company....he has only tankers oooh..... a friend that run a bdc recently had some Indian cleints and made some money and bought a house in abuja and rented out ...so i was happy i inform my elder friend cos he also his mutaul friend ....next statement was he i should tell him to link me up with his cleints or i should suspend the friendship....i was speceless...he even called to ask if i asked the guy ... 7 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:14pm On Jul 07, 2020 |
ojesymsym:if i buy a 2018 benz today and show him he will say whaoo nice ....i will buy a 2020 my bmw 2016 is old now ... . 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 12:35pm On Jul 07, 2020 |
ositadima1: It is not an emotional thing of who needs the loan the most. It is a business decision and there is no emotions in business. The vanishing might be that it is moved out to other accounts in other banks. Do not forget that the bank knows where every transfer made goes to. So why should a bank send you an sms or email when they do not even have an amount to work with?. Look at this example: Balance at start of day: N1,000.00 Salary Inflow: N100,000.00 Outflow: N100,000.00 Balance at close of day: N1,000.00 Net change: Balance at close of day - Balance at start of day = N1,000.00 - N1,000.00 = 0 Loan amount to be given: = Net change * parameter1 * parameter2 * parameterN = 0 *parameter1 * parameter2 * parameterN = N0. So you want the bank to send an sms alert or email to the customer that he/she is due for a loan of N0?. 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 12:43pm On Jul 07, 2020 |
ahiboilandgas:Some people are like that, they give when you're below them but surprisingly become your hidden enemy when you're doing better than them. You can't change their mindset because of the spirit of limitation in them. Adjust, don't say or show them what they hate to see or hear. 2 Likes |
Re: Treasury Bills In Nigeria by Brainbox0806: 12:44pm On Jul 07, 2020 |
Barrytone: Naive is the words, no wonder you couldn't catch promptly the sarcasm in @emmanuelewumi earlier post about the guy that advertise his business proposal. Only God knows human mind, may God be with you and see us all through the journey of life. 2 Likes |
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