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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4604499 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 GonFreecss1: 2:36am On Jul 17, 2020 |
Re: Treasury Bills In Nigeria by pluto09(m): 6:56am On Jul 17, 2020 |
emmanuelewumi: If we have about 30% of honest and responsible people in Nigeria, the country will be better than this. By my own assessment and projection, we might not have more than 10% of such people. 10 Likes |
Re: Treasury Bills In Nigeria by ontolegit(m): 8:01am On Jul 17, 2020 |
Good day experienced people in the house. I invested in Green Eagle's Naija rice project since February. This month end will be the first time to collect part of my ROi . Please anybody here done business with them before? Thanks |
Re: Treasury Bills In Nigeria by Nezzjnr: 8:44am On Jul 17, 2020 |
ontolegit:Direct your question to this thread https://www.nairaland.com/5358517/digital-agriculture-investment-platforms-options/240#5358517.7683 They'll answer you 5 Likes |
Re: Treasury Bills In Nigeria by Iamblessed007: 10:25am On Jul 17, 2020 |
I hail all the bosses in the house o. May God continue to bless you all 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:29am On Jul 17, 2020 |
Inflation up to 12.6 , forex uncertainty, naira devalutions....but cbn is lowering interest rates .....against all know economic priciple and not supported by any new economic principle .......tb/omo is suppose to be at 14 to squezz out funds from the system to force prices down 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:31am On Jul 17, 2020 |
Is their any country in the world that had tried thia principle of lowering rate against raising inflation in the guise of spuring an ailing econmomy |
Re: Treasury Bills In Nigeria by chigo4u: 10:52am On Jul 17, 2020 |
ahiboilandgas:Massive liquidity in the system. I wonder how the cbn intends to mop up funds in the system. Inflation will only rise higher and dollar will keep rising. That’s the only end result |
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:21am On Jul 17, 2020 |
chigo4u:if u dont increase rate to attract naira investment...people will buy up all available dollar hence spiking rates and devaluation come in and inflation 5 Likes |
Re: Treasury Bills In Nigeria by Comeandcollect: 2:48pm On Jul 17, 2020 |
Thanks, I could wait further till August, i currently have $20k USD i bought at an average of N366/$, currently if i sell, i could make N2.1 million profit but i i intend to wait further for dollar to hit N520 so i will get around N3m profit. I keep watching the updates everyday, i was badly burnt in 2016 but i have my three eyes open now. topsquino: 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:57pm On Jul 17, 2020 |
Comeandcollect:what happen if the bdc start getting supply and international travel start? What strategy do u have in place....cos everyone will rush to offload 7 Likes 3 Shares |
Re: Treasury Bills In Nigeria by michealekene(m): 3:10pm On Jul 17, 2020 |
emmanuelewumi: Hello Oga Emma, Please explain what the attachment below means, this is my first bond on the second market. If example I use 2.5m to buy this bond, say that for 2022 at 16.39% , how much am I expected? Like how much interest will I receive bi annually and what is meant by clean and dirty price. Please find below as received from stanbic ibtc this morning .
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:16pm On Jul 17, 2020 |
michealekene: Currently selling at a premium your yield is about 3%. I think money market is better 1 Like |
Re: Treasury Bills In Nigeria by michealekene(m): 4:17pm On Jul 17, 2020 |
emmanuelewumi: Wow... I'm still not able to get how this bonds thing works. So I would be looking at the yield offer?.. It's so low na. Why is there 16.39% in the first place? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:40pm On Jul 17, 2020 |
michealekene: Now selling at a price higher than N100 |
Re: Treasury Bills In Nigeria by Indigbo: 5:07pm On Jul 17, 2020 |
Gone are the days when I got %18 6month Tenor. Nawa O! |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:57pm On Jul 17, 2020 |
Is this correct? True or False 8 Likes 1 Share
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Re: Treasury Bills In Nigeria by pluto09(m): 7:15pm On Jul 17, 2020 |
Re: Treasury Bills In Nigeria by Donbrig: 8:15pm On Jul 17, 2020 |
Very true.. Not until we start using our leaders and politicians or even employees to swear some strong traditional oath of allegiance, things might never change in Nigeria. Most Nigerians are more afraid of juju than anything else in the world. Every option to better our Nigeria should be on the table, we are all sick and tired of this quagmire of a nation. emmanuelewumi: 3 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 8:19pm On Jul 17, 2020 |
ahiboilandgas:Foreign reserve is falling, I don’t think anything can bring down dollar rate for now, atleast for the rest of the year 3 Likes |
Re: Treasury Bills In Nigeria by Akin3891: 8:26pm On Jul 17, 2020 |
Barrytone: I was at first bank today to make enquiries about the bond, the first branch I went to said they know nothing about it, checked with stanbic, they are well informed and gave me a form, still not pleased with first bank ignorance, went to my branch with intent to move funds out, then they said no o, we can help you make enquiries, later this evening, I got a call to come on Monday to fill the form. I'm hoping the auction scale through and not stalled by them 2 Likes |
Re: Treasury Bills In Nigeria by Desanta(m): 8:45pm On Jul 17, 2020 |
1 Like |
Re: Treasury Bills In Nigeria by Cyberknight: 8:53pm On Jul 17, 2020 |
Donbrig: Lol. Nigerian politicians are well and truly "cooked" and "soaked"; they must be to withstand all the jazz cast at them. Them go swear all the oaths asked of them with no problems at all. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:23pm On Jul 17, 2020 |
Akin3891:which do u intend to buy |
Re: Treasury Bills In Nigeria by Olaide1295: 10:37pm On Jul 17, 2020 |
ahiboilandgas: Increasing TBills rate to control inflation is a short term solution. Next year, people will have more money after making profits from the increased rates. Will you increase rates again? I have an hypothesis that sweet quick solutions like this tend to hurt an economy in the long term. Banks have trillions to put in T-bills and make free money. Its like postponing the doomsday. Nigeria's economy defies known principles. 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:44pm On Jul 17, 2020 |
Olaide1295:allow only individuals participate ban banks and pensions funds 7 Likes |
Re: Treasury Bills In Nigeria by mindtricks: 10:49pm On Jul 17, 2020 |
emmanuelewumi: Very sad, shameful, what many of us detest but is a bitter truth. Ours is a system run by crooks, the people, largely ignorant seem to have no choice than to be led like a sheep to the slaughter. I am confident, there are many of us who are still honest. Tho we are all being held hostage by the very worst of us who claim to be leaders. 5 Likes |
Re: Treasury Bills In Nigeria by Iamblessed007: 3:59am On Jul 18, 2020 |
I am 34 yrs and relocated as a single man to Canada last year. I must say one of the mistakes I made was not converting my entire money to USD and save it in my Dorm account before i left. I travelled with $13,000USD and left about 5.4m in my account. I have been getting an interest on the money ever since I left. Right now I don't intend to change it to to any USD. Initially, I was thinking I should convert it to USD and probably use it as down payment for a house here but I have decided that I will invest the money in Nigeria. My plan is to invest it through the compound interest method and add more money to the investment as time goes on. I don't intend to live in Canada forever but I want this 5.4m to be the basis so that after 15 to 20yrs, I can fall back on something when I return to Nigeria. My bosses in the house, Pls what will be your advice. I will indeed like to target the interstate compounding investments. Thanks. 7 Likes |
Re: Treasury Bills In Nigeria by damilola1978: 4:56am On Jul 18, 2020 |
Iamblessed007:My 2 cents is use the money for down payment of a house in Canada, then when you decided to comeback to Nigeria, sell the house, use proceeds for your Nigeria return and also remaining to maybe purchase a cheaper property in Canada...remember a house mostly appreciates even faster than the compound interest rule 1 Like |
Re: Treasury Bills In Nigeria by Godbpraised: 5:56am On Jul 18, 2020 |
Buying a house in Canada is not really an investment you are just saving your money. Coz u would av to pay other expenses to maintain the house. If you are buying a rental property apartment yes that makes sense u can get cash flow from the apartment house. Alternatively, u may invest in bonds and keep compounding the interest to beat inflation.The funny thing is the Canadian dollars does not lose its value that much against the naira . N300 to 1 cad my 2cents Iamblessed007: |
Re: Treasury Bills In Nigeria by Desanta(m): 6:58am On Jul 18, 2020 |
Iamblessed007: Invest in Eurobond. 3 Likes |
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