Treasury Bills In Nigeria - Investment (1399) - Nairaland
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| Re: Treasury Bills In Nigeria by emmasoft(m): 3:30pm On Jul 12, 2020 |
Born2conquer: Currently VGIF has 7.5% Gurranteed returns plus extra of about 2.5 to 3% depending on d gains of d fund. So we are looking at about 10.5% returns With the current prices of GTBank and Zenith bank shares and assuming they pay same dividend as paid for full year of 2019, conservatively you have a yield above 12% The last sukuk was11. 2% |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 3:51pm On Jul 12, 2020 |
I attneded the wedding of the son of a Nigerian minister ....what i saw ....i have given up on the Nigeria state and it political leaders ..we are the most corrupt society in the world ...an it beyond redemption.....my opinion sha .... 7 Likes |
| Re: Treasury Bills In Nigeria by DexterousOne(m): 3:59pm On Jul 12, 2020 |
emmanuelewumi: You mean quiet? Well I'm not sure it HAS TO BE that way I don't believe in absolutes in this life... There are always nuances to these things 1 Like |
| Re: Treasury Bills In Nigeria by DexterousOne(m): 4:00pm On Jul 12, 2020 |
ahiboilandgas: Those ones are shameless elements] 2 Likes |
| Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:08pm On Jul 12, 2020 |
DexterousOne: It is their returns, profits and growth that do the talking and make the noise, not the corporate managers. A good example is a major player in the agricultural sector Okomu oil and rubber Plc, we also private companies like Olams in that sector 4 Likes |
| Re: Treasury Bills In Nigeria by ukay2: 4:50pm On Jul 12, 2020 |
ahiboilandgas: The thing tired and weak you too... Hahahahaha |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 4:55pm On Jul 12, 2020 |
ukay2:oboy the thing tire me ...we i set for self destruction....... |
| Re: Treasury Bills In Nigeria by ukay2: 4:59pm On Jul 12, 2020 |
ahiboilandgas: Hope you chop bele full and got enough connections Loooooool |
| Re: Treasury Bills In Nigeria by ahiboilandgas: 5:03pm On Jul 12, 2020 |
ukay2:it byond food ...am already overweight at 108kg ... |
| Re: Treasury Bills In Nigeria by ukay2: 5:06pm On Jul 12, 2020 |
ahiboilandgas: Sir, what did you see in the wedding? Loooooool 1 Like |
| Re: Treasury Bills In Nigeria by ojesymsym: 5:12pm On Jul 12, 2020 |
We are probably really beyond redemption. Someone on this forum keep hammering on mentality, I believe he is saying the truth, there is a certain mentality that the blacks have, using Ema's defination, socialite mentality taken to the extreme. It was at a wedding Nigerian politician sometime back that gold plated iPhones were shared as souvenirs, something even the owners of Apple wouldn't do. ahiboilandgas: 11 Likes |
| Re: Treasury Bills In Nigeria by ukay2: 5:16pm On Jul 12, 2020 |
ojesymsym: We mismanage public funds without thinking |
| Re: Treasury Bills In Nigeria by ojesymsym: 5:24pm On Jul 12, 2020 |
I think it is beyond public funds. We mismanage everything, private, corporate and of course public funds. It is as if once we see money we run mad. Many of us who condemn others tend to do worse when the opportunity arises. I think some sociology PhD students should study the black race all over the world. There seems to a recurring decimal which ultimately makes the world disrespect us. Although we always blame our leaders here, what can be the excuse of the blacks who have spent hundreds of years in the developed world without any influence their brothers back home. ukay2: 10 Likes |
| Re: Treasury Bills In Nigeria by missjekyll: 5:46pm On Jul 12, 2020 |
ojesymsym: And of course this is all due to a protein called melanin. It's not due to a lack of oversight and checks at all. Did you hear what happened to the 2 trillion dollars released in the US? What happened to it because of no oversight? Were they black as well? Your melanin doesnt make you superior to anyone else. It doesn't also make you inherently inferior. it's what it is. A protein 1 Like 1 Share |
| Re: Treasury Bills In Nigeria by ojesymsym: 5:58pm On Jul 12, 2020 |
Xplain madam, you have completely lost me. However, I did not make that statement in a way to make blacks feel inferior, however, my training tells me that when input always give out a certain output even when the input is different, then perhaps it is time to look at the process itself. missjekyll: 10 Likes |
| Re: Treasury Bills In Nigeria by DexterousOne(m): 6:02pm On Jul 12, 2020 |
ojesymsym: I'm the one hammering on mentality   |
| Re: Treasury Bills In Nigeria by DexterousOne(m): 6:06pm On Jul 12, 2020 |
missjekyll: Black folks to a large extent have destructive mentality and anti development blunt That's the truth the whole world knows No matter how some supposed "black defenders" or "Pan Africans" try to defend it It's the fact However They are the way they are not because they are black They are the way they are because they CHOSE to be the way they are These cultures are simply habits done again and again What does that mean? What that means is that black men are CAPABLE of change CAPABLE OF GREATNESS He just has to DECIDE and CHOOSE for himself It's not in his DNA to be the bottom feeder and the joke of the human race He chose to Now that said Everybody knows that Trump is running a CORRUPT GOVERNMENT And unlike in Africa He will pay dearly for it His indictments keep rising by the day That's the diffeence Out there They made a choice not to condone or celebrate corruption In Africa We celebrate it 1 Like |
| Re: Treasury Bills In Nigeria by Fxmanager(m): 6:24pm On Jul 12, 2020 |
Hallenjay:The level of corruption/bribery in this country, even up to the highest level of our security forces and corruption fighters is not helping matters. You can't trust them. Investors need to do their own due diligence in other to avoid being scammed. You don't know the people behind this scam/ponzi schemes, these people might be in government. One of the ponzi promoters boasted that the owners of a ponzi scheme is well connected in government. Another boasted of members of the EFCC, being investors in the scheme. Apart from the corruption/bribery aspect of our security forces and corruption fighters, in this country , the issue of members of the EFCC investing in a ponzi scheme, a scheme that they would have investigated and made several arrest to protect the citizens from being defrauded is very worrisome. It tells a lot about them, and the need for them to really educate themselves on how to detect all this scam/ponzi schemes, by not only educating themselves on how the different angles of government works and the movement of funds in other to fight corruption in government, but also educate themselves on how several legitimate offline/online business works, in other to easily detect a scam/ponzi schemes and then investigate and effect an arrest immediately, in other to protect the citizens, not after the scam/fraud had been done. It still depends on having people of integrity in the security forces and corruption fighting organizations My advice to any investor out there is that, if an investment company is not a government licensed and regulated one, you are taking a very big risk, because a government licensed and regulated firm is subjected to periodic monitoring by the government regulatory body, and their financial books are looked into including the movement of funds, in and out, in other to ensure that the investment company is operating the business in the line of business that he claims to deal with, and investors are not exposed to being scammed/defrauded. There are cases where an investment company will claim to be registered with the CAC. CAC is only a business registration. When once you present yourself in the position of receiving deposits from the public, and promising them an interest on their deposits/investment, you must be a government licensed and regulated firm/company, or set up your investment company in partnership with a government licensed and regulated firm who will then be the receiver and custodian of investors funds. Without the above structure, you should get only your family members and very closed friends who know you very well to invest with you. Some investment company that might likely be a scam/ponzi scheme too, might get a UK or any country's business registration status, which is the same as our Nigerian own CAC, and then tells you that they are licensed in UK or any country outside Nigeria, The investment is still not licensed and regulated by the government of its jurisdiction, but only getting a business registration like our own CAC, which does not subject their business/investment activities to be monitored by the government. If your invest with them, you are still exposing yourself to be defrauded. Let's be wise 5 Likes |
| Re: Treasury Bills In Nigeria by X21: 7:42pm On Jul 12, 2020 |
Hallenjay: https://nairametrics.com/2020/04/01/sec-discovers-12-ponzi-scheme-operators-warns-the-investing-public/ 1 Like |
| Re: Treasury Bills In Nigeria by Grupo(m): 7:43pm On Jul 12, 2020 |
missjekyll: Can you name one country in the world that has a predominant black population that's also prosperous or has a stable economy? |
| Re: Treasury Bills In Nigeria by niyoni: 7:49pm On Jul 12, 2020 |
Most western business managers have a culture of separating business funds from personal funds due to their understanding. Hence, a western corporate executive can live large on his personal finances without plundering business or investor funds. There are legal implications and consequences over there for such wrongdoings. But, here in Nigeria, there are hardly any functional legal implications and consequences for such wrongdoings, and as long as this persists, business managers will continue to live large on investor/public funds. In Nigeria, the corrupt are very bold and even worshipped. Sad! 5 Likes |
| Re: Treasury Bills In Nigeria by DexterousOne(m): 8:12pm On Jul 12, 2020 |
niyoni: Well said |
| Re: Treasury Bills In Nigeria by arduino: 11:08pm On Jul 12, 2020 |
niyoni:This is obviously the main reason why corruption will hardly be eradicated or reduced to the bearest minimum in the Nigerian State. |
| Re: Treasury Bills In Nigeria by Ibrahim505(m): 11:47pm On Jul 12, 2020 |
Grupo:South Africa and Rwanda |
| Re: Treasury Bills In Nigeria by Anatech(m): 12:04am On Jul 13, 2020 |
2 Likes |
| Re: Treasury Bills In Nigeria by Grupo(m): 7:14am On Jul 13, 2020 |
Ibrahim505: South Africa was built by white people. Ever since the country's leadership was handed over to blacks there, everything has been in a state of constant decline. I don't want to talk about Rwanda. 5 Likes |
| Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:07am On Jul 13, 2020 |
Ibrahim505: Blacks have less than 20% of South African wealth. Blacks are not in charge of the economy, commerce, finance, business and Investments in South Africa. Nothing tangible about Rwanda. Ogun State and Rwanda have about the same GDP 10 Likes |
| Re: Treasury Bills In Nigeria by talk2me2: 8:55am On Jul 13, 2020 |
ahiboilandgas:What did you see? That made you give up on 9ija |
| Re: Treasury Bills In Nigeria by talk2me2: 9:04am On Jul 13, 2020 |
Please has anyone receive the coupon payment for the FGS202251 (April 2022 FGN Saving Bond)? It ought to be paid since last Friday but I'm yet to see the alert. |
| Re: Treasury Bills In Nigeria by Cyndy123(m): 9:16am On Jul 13, 2020 |
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| Re: Treasury Bills In Nigeria by ultron12345: 9:22am On Jul 13, 2020 |
emmanuelewumi: I'm always surprised at how Nigerians love to hype this Rwanda. It's even an insult to compare Ogun State to Rwanda. Ogun State's GDP per capita is over thrice that of Rwanda ($770). Even Yobe, Zamfara and the worst states in Nigeria have higher per capita GDP than Rwanda. Rwanda just invests in good PR, showing off the few good parts of the country, unlike we Nigerians that love to wash our dirty linen in public. The only manageable city they have is Kigali, so they concentrate all the nation's development in that one city, unlike Nigeria that spreads development across 36 state capitals, the FCT and so many other secondary cities in these states. And yet as small as the Kigali is, it can hardly compete with several state capitals in Nigeria. Outside Kigali, you hardly even see tarred roads in that country. Yes, they are progressing, but they are still far behind Nigeria and so many other African countries. Nigeria is strongly lacking in PR. Yes, we have bad parts, but we also have good parts too. Other countries have good and bad parts too, but those countries will hide their bad parts and show off the good parts, but we in Nigerians will bring out our dirty linen to wash in the market square, and then act surprised when other countries disrespect and insult us. A friend of mine once took pictures at an oasis in the desert. Crystal blue waters, surrounded and palm trees and desert sand dunes with camels. When I saw it, I thought it was Dubai or somewhere in the Middle East, only for him to tell me it was in Yobe State. I was shocked to the bone. He told me the name of the place and I did a Google Search and surprisingly, I couldn't even get good pictures of the places, just less than 5 low quality pictures. We won't show-off such beautiful places, but if I did a Google Search about potholes or any other bad thing in the state, I will see thousands of HD images and 4K quality videos. 13 Likes |
| Re: Treasury Bills In Nigeria by IamR: 9:47am On Jul 13, 2020 |
Ibrahim505:Blacks did not develop SA. Rwanda is just Kigali. 1 Like |
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