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Treasury Bills In Nigeria - Investment (1525) - Nairaland

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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): 11:40am On Sep 06, 2020
One of the gaming companies was accessed of moving $420 million out of the country.

You can read up on this in today's Punch newspaper
Re: Treasury Bills In Nigeria by garugaru: 11:49am On Sep 06, 2020
emmanuelewumi:
One of the gaming companies was accessed of moving $420 million out of the country.

You can read up on this in today's Punch newspaper
i guess they would be ready to buy dollars at almost any rate
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:53am On Sep 06, 2020
Sleekteddy:


Pls lets get right informations out. The companies they talked about here have nothing to do with speculation of dollars. It's clearly stated that thier account were frozen because of tax issues.

We all know you need cheap dollars and for you to get that you need people holding on to it to sell. More reason you are creating the fear factor.

Which ever way. We all going to survive. Mind you am a commodity exporter. So I feel it if it's cheap or expensive


when the russsian state wanted to deal with yucos oil cooperation what did putin do?....create phantom tax liabilities and seize the damn thing ....is not duty of cbn to collects tax it FIRS .....my company accounts was also put on lien by FIRS after warning letters untill i paid all education tax ...

2 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 11:54am On Sep 06, 2020
emmanuelewumi:
One of the gaming companies was accessed of moving $420 million out of the country.

You can read up on this in today's Punch newspaper
thanks big bros
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:00pm On Sep 06, 2020
Am.talking my biggest risk ever Need your prayers E friends .i purchase a Large expands of land and i have subdivided it to 100 by 75 sqm

14 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 12:04pm On Sep 06, 2020
20 plot out already hoping to make a 100 percent profits ..10 plots is suppose to return the investments ,the 10 plots and some small extras will be the profits ...

11 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 12:11pm On Sep 06, 2020
CBN, Central Bank of Nigeria has instructed banks to place a post-no-debit on the bank accounts of 38 companies.

The affected accounts belong to betting companies, bureau de change companies and some logistics companies, according to a report on Saturday.

4 Likes

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:14pm On Sep 06, 2020
ahiboilandgas:
thanks big bros


What if he has the funds in his account and didn't source it from CBN

Chief Kensington Adebutu ( Baba Ijebu) has over 50 years experience in the money making business and he is well diversified with dollars income generating real estate Investments.

This is someone who donated N250 million to his Church, Methodist Church more than 12 years ago to commemorate his 70th birthday.

Information will become clearer this week, on why CBN took that action
Re: Treasury Bills In Nigeria by Oyindamolah: 12:40pm On Sep 06, 2020
emmanuelewumi:



Just 5% of the properties in Nigeria have certificates of occupancy, therefore most properties are not acceptable by financial institutions as collateral
hmmmm
Re: Treasury Bills In Nigeria by edoman2016: 1:17pm On Sep 06, 2020
ahiboilandgas:
20 plot out already hoping to make a 100 percent profits ..10 plots is suppose to return the investments ,the 10 plots and some small extras will be the profits ...
where is the location of your land? Lekki axis of Lagos or Abuja? And how much is each plot?
Re: Treasury Bills In Nigeria by Nobody: 1:30pm On Sep 06, 2020
Sir, are you based in Abuja?
emmanuelewumi:



Just 5% of the properties in Nigeria have certificates of occupancy, therefore most properties are not acceptable by financial institutions as collateral
Re: Treasury Bills In Nigeria by Cyberknight: 1:38pm On Sep 06, 2020
emmanuelewumi:



Just 5% of the properties in Nigeria have certificates of occupancy, therefore most properties are not acceptable by financial institutions as collateral

Same old sad and heartbreaking problem of the near-impossible leveragability of land due to our policymakers' incompetence.

1 Like

Re: Treasury Bills In Nigeria by emmasoft(m): 1:42pm On Sep 06, 2020
iamadonis2:
Great comments guys. I’ve been on this thread, though not consistently, since 2018. I learnt to bid for TBills from here. Rates for TBills are now unattractive, so any kind soul, please suggest to me an investment channel ?

If you want Gurranteed capital and interest, my suggestion remains VGIF managed by investment one. Guaranteed rate is 7.5%
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:54pm On Sep 06, 2020
Lazyyouth4u:
Sir, are you based in Abuja?


Lagos
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:56pm On Sep 06, 2020
Cyberknight:


Same old sad and heartbreaking problem of the near-impossible leveragability of land due to our policymakers' incompetence.


What can we do to enhance liquidity and unlock other economic potentials in that sector

1 Like

Re: Treasury Bills In Nigeria by chigo4u: 2:08pm On Sep 06, 2020
Cbn is doing everything to reduce demand of dollar why some folks here are doing their best to cause others to sell in panic.
My advice if you are saving your money in dollar for the long term do not panic sell, if not, follow the trends. CBN will soon hit a brick wall and realize their policies can’t stop naira from staying at it’s true value, unless crude oil revenue improves!
Like someone said earlier, free market will always win. CBN should get ready to involve the military to keep defending the naira. Clowns

10 Likes

Re: Treasury Bills In Nigeria by jedisco(m): 2:21pm On Sep 06, 2020
chigo4u:
Cbn is doing everything to reduce demand of dollar why some folks here are doing their best to cause others to sell in panic.
My advice if you are saving your money in dollar for the long term do not panic sell, if not, follow the trends. CBN will soon hit a brick wall and realize their policies can’t stop naira from staying at it’s true value, unless crude oil revenue improves!
Like someone said earlier, free market will always win. CBN should get ready to involve the military to keep defending the naira. Clowns

So what's the true value of the Naira against the dollar?

2 Likes

Re: Treasury Bills In Nigeria by Cyberknight: 2:45pm On Sep 06, 2020
emmanuelewumi:



What can we do to enhance liquidity and unlock other economic potentials in that sector

Titling, titling, titling.
Re: Treasury Bills In Nigeria by Nobody: 5:54pm On Sep 06, 2020
Hmm, food for thought kiss kiss
Re: Treasury Bills In Nigeria by onyemaair: 6:09pm On Sep 06, 2020
chigo4u:
Cbn is doing everything to reduce demand of dollar why some folks here are doing their best to cause others to sell in panic.
My advice if you are saving your money in dollar for the long term do not panic sell, if not, follow the trends. CBN will soon hit a brick wall and realize their policies can’t stop naira from staying at it’s true value, unless crude oil revenue improves!
Like someone said earlier, free market will always win. CBN should get ready to involve the military to keep defending the naira. Clowns

Very true.

1 Like

Re: Treasury Bills In Nigeria by onyemaair: 6:11pm On Sep 06, 2020
emmanuelewumi:



What can we do to enhance liquidity and unlock other economic potentials in that sector

Easier said than done. Just look at what is happening in the aviation industry. This sector holds a lot of promise but the government's policies keep pinning it Down.
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:25pm On Sep 06, 2020
onyemaair:


Easier said than done. Just look at what is happening in the aviation industry. This sector holds a lot of promise but the government's policies keep pinning it Down.


Can you tell me any Airline company that is profitable in the world?.

How many billionaire made their billions of dollars solely from aviation business.
Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 6:26pm On Sep 06, 2020
emmanuelewumi:



Can you tell me any Airline company that is profitable in the world?
.

How many billionaire made their billions of dollars solely from aviation business.
So they are doing charity then?
Re: Treasury Bills In Nigeria by hustla(m): 7:11pm On Sep 06, 2020
ahiboilandgas:
20 plot out already hoping to make a 100 percent profits ..10 plots is suppose to return the investments ,the 10 plots and some small extras will be the profits ...

Best of luck bossman

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:12pm On Sep 06, 2020
TransAtlanticEx:
So they are doing charity then?


If you say so. I no get time for arguments.

Some are subsided by their countries, because it plays a major role in the tourism industry.

Some of the owners subsidised the business from their returns from other businesses like real estate, hotel chains, casino, entertainment, manufacturing etc.

The few big ones have a cyclical profitability.

Albarka Airline, ADC Airlines and Medview Airline have been listed on the Nigeria Stock Exchange in the past, but none of them was profitable

11 Likes

Re: Treasury Bills In Nigeria by FlutterDollar99(m): 8:38pm On Sep 06, 2020
emmanuelewumi:
One of the gaming companies was accessed of moving $420 million out of the country.

You can read up on this in today's Punch newspaper
I saw it too and I am wondering why the cbn couldn't place that kind of transaction on hold
Re: Treasury Bills In Nigeria by Kendumazy(m): 8:46pm On Sep 06, 2020
The news on this thread seems to give an insight towards the dollar and naira rate direction.

https://www.nairaland.com/6100995/tough-policies-imf-world-bank
Re: Treasury Bills In Nigeria by Nobody: 9:03pm On Sep 06, 2020
emmanuelewumi:



Can you tell me any Airline company that is profitable in the world?
.

How many billionaire made their billions of dollars solely from aviation business.
Ethiopian Airline is profitable. Low cost base.

2 Likes

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 9:06pm On Sep 06, 2020
Lazyyouth4u:

Ethiopian Airline is. Low cost base.
My brother I tire.
So airpeace is not profitable yet they keep buying new planes and expanding their fleet.
Where is the funds coming from and do the investors wanna lose?
Come on...
I no just get energy to type abeg.
Re: Treasury Bills In Nigeria by Stocktrader: 9:32pm On Sep 06, 2020
emmanuelewumi:



Can you tell me any Airline company that is profitable in the world?.

How many billionaire made their billions of dollars solely from aviation business.

American Airlines, Delta Airlines (baba in profiting) KLM, QANTAS to mention a few.

3 Likes

Re: Treasury Bills In Nigeria by Oyindamolah: 9:36pm On Sep 06, 2020
Nwokeomajayb:
Hey, no easy way out of this so you know. You need to put your time to work and invest in yourself. No office work will give you a head up in Nigeria since you’re a dropout. I was in your situation 10 yrs ago and I made it today, because I opted to work for myself instead of another.

I advice you should sell one of the assets and start a biz. Become an entrepreneur by that you’ll feed everyone, fund their sch fees and finish the other building as well.

Don’t collect loan from any bank neither should you use the money to reinvest on another property.

I don’t care if you’re a lady or not, biz is for everyone. My time in computer village ladies like you made millions weekly so you know. Entrepreneurship is not bad

Thanks! But I don't have any experience or cash to start a business

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