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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4604343 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): 12:22pm On Jul 25, 2020 |
Godbpraised: Erastus Akingbola, Fola Adeola, Tayo Aderinokun, Jim Ovia, Peterside Atedo and others sold their cars, their wives jewelries, houses etc when they wanted to start their Businesses. 6 Likes 1 Share |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 12:25pm On Jul 25, 2020 |
emmanuelewumi:Alot of them just have business ideas but deep down, they know it can either fail or succeed so they only want to take the risk with someone else's money. When it's time to pay back they start talking about how their case was a spiritual attack and how "arrow" was fired at them. ![]() 17 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 12:25pm On Jul 25, 2020 |
emmanuelewumi: Actions like this show that the person is down for business 10 Likes |
Re: Treasury Bills In Nigeria by Godbpraised: 12:25pm On Jul 25, 2020 |
Well said, I guess government should double up to create the environment for investments. Government is not good at investing that why u see the looting. The only way government can create the environment for competition and increased investments is that when u av some one at the helm of government who knows about economic investments etc. Not a cattle rearer. DexterousOne: 2 Likes |
Re: Treasury Bills In Nigeria by Godbpraised: 12:31pm On Jul 25, 2020 |
Yeah u are right , the whole idea is put their money if u believe it would succeed thats why banks demand huge collateral them no be NGO. I will do the same on my 500k too, if i am to leaned my money. emmanuelewumi: |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:31pm On Jul 25, 2020 |
OgogoroFreak: No wonder they are not happy that some people are investing in fixed income and portfolio Investments. I know the returns on fixed income is too low, but people will invest in what they understand. They prefer losing money to inflation than investing in what they don't understand or have the time to monitor My cousin lost N2 million in a digital agriculture investment operated by Menorah farms, I pray he gets his fund. I warned him but didn't listen 13 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:35pm On Jul 25, 2020 |
Godbpraised: Rather some people will want a total stranger met on the Treasury Bill thread of Nairaland to come and invest in their start up or current businesses .I have had and still having series of such invitations. 10 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 12:40pm On Jul 25, 2020 |
Then they will go out and start shouting, "no one wants to help" Nigerian problem is 70% problem. emmanuelewumi: |
Re: Treasury Bills In Nigeria by Godbpraised: 12:40pm On Jul 25, 2020 |
Bros no be only you oh. On this faceless forum them plenty. That was why i am saying the youths of today no sabi werin dey. Them want the crown not the Cross , emmanuelewumi: 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:41pm On Jul 25, 2020 |
Enterpreneurs should learn to crawl before standing, then walk, later jump and then run. Trust is a big issue Start small and grow. Create value and build your character. If your sibblings, cousins, parents, spouse, friends, colleagues, neighbours, old school mates, church and mosque members can't invest in your dream. It means you have not been able to create value, you are not resourceful or you lacked integrity. 25 Likes 4 Shares |
Re: Treasury Bills In Nigeria by Godbpraised: 12:47pm On Jul 25, 2020 |
[/b]Awesome and excellent comments you have said it all. [b] author=emmanuelewumi post=92088587]Enterpreneurs should learn to crawl before standing, then walk, later jump and then run. Trust is a big issue Start small and grow. Create value and build your character. If your sibblings, cousins, parents, spouse, friends, colleagues, neighbours, old school mates, church and mosque members can't invest in your dream. It means you have not been able to create value, you not resourceful or you lacked integrity.[/quote] 1 Like |
Re: Treasury Bills In Nigeria by Cyberknight: 12:51pm On Jul 25, 2020 |
emmanuelewumi: Exactly. The 3Fs of seeking early investors, you try Family, then Friends, then Fools. People expecting someone to invest in them without protecting their investment as they deem fit are placing that someone in the last category. 7 Likes |
Re: Treasury Bills In Nigeria by oluwaleokey: 12:55pm On Jul 25, 2020 |
OgogoroFreak: This doesn't justify the fact that we need to invest in the real economy. I used to nurse this idea that the transportation business is already saturated hence the need not to trend with the crowd perhaps the money markets(still learning) however the too many investors in transportation business is an indicator of how lucrative it is... bro we are densely populated... Obviously, everybody will not invest in fixed incomes and portfolio investments. We've got billionaires in both sectors 3 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 1:11pm On Jul 25, 2020 |
emmanuelewumi:Exactly. Anyone who can't do a business by themselves should put their money into "sure" investment only, No matter how small the profit is. Cos when you start a business for someone else to manage for you, there is 80% chance that they will steal from you and eventually run your business down - Commercial bus drivers for example, When you give them bus to drive they manhandled it but when they buy their own bus, they drive it like an egg. They can take unnecessary risk with your own but can't try it with theirs. 16 Likes 1 Share |
Re: Treasury Bills In Nigeria by LandMann: 1:17pm On Jul 25, 2020 |
emmanuelewumi: I understand Sukuk is not a direct alternative but to Investors it is an alternative... For example, if you look at this thread like last January, everyone was rushing to invest in treasury bills cos of the high interest.... Now, most people are moving to Sukuk because they see that treasury rate has fallen... The fall of treasury rate is also driving down other interest bearing instruments in the money market, so few are very excited to seek direct alternatives to tbills because all of their interest are dragging who will start discover crude oil below the Sahara desert. @OgogoroFreak I understand how screaming real sector sounds like beating a worn out drum but believe me, it is were everyone needs to go into now if they are desirous of Saving their money, or better still, just buy gold and keep since gold always appreciate and immune from inflation. Also, when I say real sector, I do not mean carry your money and go invest in a saturated market. That would be unwise. Instead, there are markets where there is low competition and high demand for basic things that people can't do without...e.g food and shelter... For food, how many people have the capacity and facilities to grow rice and process it, including it's byproducts? Rice is in high demand and will always be in demand because it is a staple food consumed by most households in Nigeria... Since the ban on rice, do you see how price of Nigeria rice is climbing up due to insufficient supply? We throw billions and trillions into treasury bills and sukuk that are waiting to be looted... The government organised itself and created a means to pool/collect our money together for their use, in return for interest that inflation will wipe off... why can't we organise ourselves, pool our funds together and create a business like rice farming and processing... oil processing from palm kernel? If we as citizens can't organise ourselves, is it the government peopled by thieves that will organise us? The second basic need is shelter... The billions we keep throwing to government, what if we organise ourselves and go into real estate, building accommodation in areas with high demand for such? Summary I could go on and on listing examples but the summary is that one should look for opportunities that exist in the real sector, opportunities that are not saturated and can safely be executed with our existing level of infrastructure...and invest in such opportunities. We can either organise ourselves and operate jointly or organise ourselves and operate independently... pool our skills and knowledge together and divert our resources into productive use. Just like we have done here by coming together to share information on tbills when it was going good, now that tbills has become unprofitable, let's use the same means to organise ourselves and go into other profitable real sector investments... Nigeria is not a place where you become rich from buying interest yielding securities... You will smile at the interest but inflation will steal it all away and some more, without using violence. 7 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 1:21pm On Jul 25, 2020 |
oluwaleokey:The point is the money people are investing in fixed income is most likely coming from investment in the real sector and from salary jobs. Infact a good number of the funds is coming from the real economy. Now telling someone already in the real sector to invest inthe real sector is silly and telling salary earners to invest in the real sector when they won't be available to manage their investment themselves, is suicidal. 16 Likes |
Re: Treasury Bills In Nigeria by CsRockefeller(m): 1:32pm On Jul 25, 2020 |
emmanuelewumi: Another hasty generalisation. 8 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:33pm On Jul 25, 2020 |
LandMann:. Investors will always go to where they understand and where the security of their investments are assured. We have more investments in the real sector compared to fixed income Investments. Compare the total funds in fixed income Investments with the size of our economy. The stock market has a capitalisation of about N14 trillion, these are businesses operating in the real sector. Are you suggesting that salaried workers should resign and jump into the real sector? Most of the small and middle scale businesses are all in the real sector and the largest employers of labour. Investors will always invest in the businesses of players in the real sectors who complied with their investment objectives. Operators should understand the language of finance and incorporate what financiers/Investors look out for. Players in the real sector should have a system and structure in their businesses, and investors will be rushing to invest in them Intelligent Investors are not gamblers. Different strokes for different folks. Investors are rational and not sentimental. PE equity Investors are still investing hundreds of billions of Naira in real sector investments that scaled through their stringent criteria 5 Likes |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 1:36pm On Jul 25, 2020 |
LandMann:Alot of people have been duped on this same nairaland with this same "organise ourselves" and pulling funds together format. There is almost nobody in Nigeria with money to invest that is not busy. Unless, e get where the person dey steal free money from. 15 Likes |
Re: Treasury Bills In Nigeria by Pee2Jay9: 1:37pm On Jul 25, 2020 |
OgogoroFreak: Like which businesses? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:38pm On Jul 25, 2020 |
Between January and March 2019, private equity Investors invested N277 billion in the real sector.
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Re: Treasury Bills In Nigeria by CsRockefeller(m): 1:41pm On Jul 25, 2020 |
emmanuelewumi: As cliché as it sounds, did you see the biz plan? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:48pm On Jul 25, 2020 |
OgogoroFreak: As a person, I am against the so called " organise ourselves".. Sell your phone, gadget car etc and get the seed capital. Get a job no matter how small and save in order to get the seed capital for that business. Sell your family land in the village to get your seed capital. Use your brothers car as a collateral to get a loan for the expansion of your business. Better still small operators should combine resources together in order to derive the economies of scale. How can 100 entrepreneurs have individual Businesses worth N5 million each? Why can't they combine resources to have a N500 million business and they become shareholders of the business? Portfolio investors will prefer to own 1% of a N1 billion business, than owning 100% of a N10 million business 17 Likes 2 Shares |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:57pm On Jul 25, 2020 |
We have learnt a lot on this thread let us organize ourselves by investing and doing business with our sibblings, parents, in-laws, neighbours, parishioners, relatives, old school mates, colleagues, friends and other people who can vouch for our character and integrity.. We need to build community and generational wealth, that is what the Indians, Lebanese and the very rich in Nigeria do. Charity they say, begins at home. 18 Likes |
Re: Treasury Bills In Nigeria by Godbpraised: 1:59pm On Jul 25, 2020 |
Well said . emmanuelewumi: 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:07pm On Jul 25, 2020 |
CsRockefeller: Memorandum of understanding is to make the use of the car as a collateral a legal agreement which gives the lender the right to become the owner of the car if the entrepreneur fails to pay back the loan with interest within 12 months. The lender is not concerned about the business plan, but the security of his fund and the legal right to retrieve his fund immediately after 12 months without stories 11 Likes 1 Share |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:08pm On Jul 25, 2020 |
Am currently attending a funeral price tag is now 5.1m i attend to understand why africans do this ....for now it seem an exploitation event ... |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:17pm On Jul 25, 2020 |
ahiboilandgas: No problem if they are enjoying the exploitation, and the person who exploited did not stop it |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:18pm On Jul 25, 2020 |
African just come up with unlogically events as burial ceremony..suprisely very educated people are involved .....the casket was dance with by some scammers called undertakers ....waiting smartly for mouners to spray money |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:20pm On Jul 25, 2020 |
emmanuelewumi:it seem the pull is their elder sister who grew up in the village .....she want to prove doing well in mist of high poverty |
Re: Treasury Bills In Nigeria by Phraences: 2:22pm On Jul 25, 2020 |
emmanuelewumi: I wonder what he saw in that particular farm that gave him the confidence to invest such an amount. Agritechs are new but there are certain Agritechs you invest in that if they flop at least everybody will be surprised. 1 Like |
Re: Treasury Bills In Nigeria by CsRockefeller(m): 2:30pm On Jul 25, 2020 |
emmanuelewumi: I understand but, you should also be concerned if the loanee has d ability to pay easily from d biz at least that's what banks do even with the collateral as a bond. |
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