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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 ojesymsym: 11:08am On Dec 08, 2020 |
Dexter, I think you should really heed the advice here. There is a reason why even first class graduate can be put under third class graduates who have lot of hours of real life experiences. School teaches you controlled or ideal environment scenarios, real world is very erratic and need a lot of skills to navigate. While the modelling of different scenarios that good education provides is very useful, nothing beats real experience. As the number of years on a job begins to increase, it will be assumed you have seen, experienced or heard of different situations and learnt how those situations were dealt with. You do owe the CBN governor an apology for some of the direct insults on his person, when holding such a position, you usually have to juggle with a lot of things many of which are not textbook scenario and even more outside your control. Moreover he is a senior colleague to you. However, there is some positives to your attitude, you probably are someone who wants to be better or the best, that means your mindset is a good one that should be channeled properly. Do not forget that first class law graduates still have to go to law school, even then they do not become SAN or start handling serious cases in the court room immediately, e get y. Lazyyouth4u: 7 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:22am On Dec 08, 2020 |
DexterousOne: Yes, just looking at it based on its current price |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:50am On Dec 08, 2020 |
emmanuelewumi:Indeed Used to have Okomu as one of my holdings though Have since exited that position. I think it's a solid company nonetheless. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 12:07pm On Dec 08, 2020 |
ojesymsym: Your advise and nice words are well taken.... And appreciated BUT I'll say a couple of things 1) There is a reason why the "big four" calls one with over three years of experience "Experienced Hire" If this equities market was a formal job (just giving an example) I'll be termed an "experienced hand" Because I have been in it for more than the three year limit that they use to term one experienced hire This does not mean I know everything It means i know enough to function Second, concerning the CBN governor and monetary policies There are certain things cast in stone in our line of business, and the behavioral aspect of the people you aee setting those policies for is what bridges the gap between the controlled situations ans simulations (like you rightly pointed out ) and the field That said, knowing the behavioral blunt of Nigerians (we love arbitrage very well and will do WHATEVER to benefit from it ) Why create an atmosphere that is perfect for arbitrage Once again That policy is VERY STUPID To be fair to him, it's not just his fault But his decisions ARE A PART of the fault I like the analogy you gave about law students and graduates Once anyone is out of law school, he is WELL QUALIFIED to give legal advise Now its okay to be sceptic about the fact that that lawyer has say just 4 years of experience, probably less... But that does not take away the validity of the legal advise Will the lawyer learn more as he gets cracking? Of course ! Are there certain grey areas that the lawyer may need to brush up on overtime? Yes Are there certain cases that people will trust SANs with? Absolutely! But, when it comes to the core He is competent It's the same for our Economics/Finance field I hope you get me I dont know EVERYTHING BUT I KNOW STUPID MONETARY POLICIES when I see one For example, that special purpose vehicle thing you highlighted, I dont really know Special Purpose Vehicles in depth as such, I only know the basics, hence I cant give much advise on it....... Forex; Bitcoin, Digital Agric, etc, dont know so much as that... But if its monetary policy, fundamental analysis or equities in general, I'll have something to say God bless |
Re: Treasury Bills In Nigeria by NL1960: 12:20pm On Dec 08, 2020 |
DexterousOne: You think he has the free hand to do what he wants to do?. So much politics are in some of these positions. |
Re: Treasury Bills In Nigeria by RayRay06677(m): 1:33pm On Dec 08, 2020 |
Implications: Dear Valued Investor, We are pleased to inform you that the book build for the River Jamieson SPV Limited (“River Jamieson” or “the Issuer”) ₦25 Billion Fixed Rate Senior Guaranteed Series 1 Bond is now open. The offer opens today Monday, 7 December 2020 and is scheduled to close on Friday, 11 December 2020. Funding will be on Monday, 14 December 2020. Price guidance is 8% - 9% The Bond is sponsored by the Edo State Government ("the State"wink and guaranteed by an Irrevocable Standing Payment Order ("ISPO"wink on the State's revenue issued by the State's Ministry of Finance. Proceeds from the ISPO shall be remitted monthly into a Sinking Fund Account, established and managed by appointed Bond Trustees (the Trustees are duly registered with the Securities and Exchange Commission), for the purpose of meeting all obligations in accordance with the Trust Deed. The State’s focus on strengthening its public institutions, facilitating private sector investments, improving infrastructure, and facilitating public education reform has continued to yield significant benefits. The State’s Internally Generated Revenue (“IGR”) grew at 11% CAGR between 2016 and 2019 (averaging ₦24 Billion annually) with tax sources accounting for 67% of IGR. The State is embarking on this capital raise to support infrastructural investments in order to enable it improve upon its already strong growth trajectory. Please click the button below to see the following documents. Series 1 Pricing Supplement Programme Document Series 1 Commitment Form The Series 1 Bond rating reports by Agusto & Co. (“Agusto”) and Datapro (“Datapro”) The Sponsor’s rating report by Agusto & Co. (“Agusto”) and Datapro (“Datapro”) |
Re: Treasury Bills In Nigeria by NL1960: 2:22pm On Dec 08, 2020 |
RayRay06677: Cannot find on the internet why this name "River Jamieson SPV" was chosen. Why not simply 'Edo State Bond' since Edo state is guaranteeing it from her revenue generation?. 2 Likes |
Re: Treasury Bills In Nigeria by frankz28: 2:46pm On Dec 08, 2020 |
Joeyburton:do u know why u don't have sense ....it's because of the way you talk.......you posted something now yet cannot defend it ...who has mba scammed ,how and when.....just posting an unprecise message and execpt people to listen to you.......or was it not me mba paid recently again!! ..... |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:33pm On Dec 08, 2020 |
NL1960: Well you are right Some political decisions have to be made to cater to certain interests That's the game But a central bank governor has more room to make autonomous decisions Than say the minister of finance |
Re: Treasury Bills In Nigeria by RayRay06677(m): 5:49pm On Dec 08, 2020 |
ositadiima1: At no time have I claim to own 500m, am only struggling to own a billion despite devaluation of naira, I just need that billion naira. I don't have 500m anywhere. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:22pm On Dec 08, 2020 |
RayRay06677: Little drops of water make the big ocean, the journey of a thousand miles starts with a step Slow and steady wins the race. 7 Likes |
Re: Treasury Bills In Nigeria by RayRay06677(m): 6:24pm On Dec 08, 2020 |
emmanuelewumi: Thanks for the encouragement. eyes on the ball |
Re: Treasury Bills In Nigeria by mindtricks: 11:18pm On Dec 08, 2020 |
NL1960: Very true. |
Re: Treasury Bills In Nigeria by damilola1978: 3:08am On Dec 09, 2020 |
By 2025 Obaseki don comot as governor abi RayRay06677: |
Re: Treasury Bills In Nigeria by XiaoLi: 4:15am On Dec 09, 2020 |
This is exactly how Nigeria works, laws are made withouth using common sense, the first time i tried to bring my wife and kids to Nigeria the people at Nigeria embassy in my country of residence asked me to bring my statement of account to make sure i can take proper care of my family while in Nigeria, i asked them if it means i cannot take my family to Nigeria even if i'm broke..they couldn't answer this question but insisted that providing my statement of account is one of the requirements. There's no common sense on that. RealityShot: 2 Likes |
Re: Treasury Bills In Nigeria by jedisco(m): 4:48am On Dec 09, 2020 |
XiaoLi: Most countries will use your statement of account as supporting evidence for proof of funds when applying for an individual visa or family visa. It's nothing new. No country wants to admit people that'd put more burden on their system. 3 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 5:40am On Dec 09, 2020 |
I think you are wrong here, inviting your spouse and children to your country of origin is different from inviting your immediate family to your country of residence. Do you think an American living in Nigeria will need a statement of account to get an american visa for his legally owned children born in Nigeria by a Nigerian woman? You can enlighten me. jedisco: 1 Like |
Re: Treasury Bills In Nigeria by ositadiima1: 7:08am On Dec 09, 2020 |
XiaoLi: Do parents own their children? 2 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 7:44am On Dec 09, 2020 |
Yes, if you are legally married to a woman in the country of my residence you own any child/children of such marriage legally, if you are not married to a woman and she gives birth, the woman owns the child legally and you have no right or whatsoever to claim such child. In other words you can be a parent without owing the child legally here. ositadiima1: 3 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 8:26am On Dec 09, 2020 |
XiaoLi: That's an interesting culture |
Re: Treasury Bills In Nigeria by NL1960: 8:51am On Dec 09, 2020 |
XiaoLi: Were you applying as a non Nigerian citizen?. 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 8:55am On Dec 09, 2020 |
XiaoLi: DexterousOne: Why did you say the bolded?. In Nigeria, if you have not paid dowry, you are seen as not properly married the woman. In some cultures, the girl's family can claim the children. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:19am On Dec 09, 2020 |
XiaoLi: Both parents own the children, their a limit to the so called ownership because they are not commodities |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:21am On Dec 09, 2020 |
NL1960: But he is not resident in Nigeria and the lady is not a Nigerian. Both of them own the children |
Re: Treasury Bills In Nigeria by XiaoLi: 9:48am On Dec 09, 2020 |
I applied as a Nigerian, that is the reason i said in my earlier post that there is no common sense in asking me to bring a statement of account. I dont know if they mean that i cannot take my children to Nigeria if im broke. NL1960: 2 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 9:53am On Dec 09, 2020 |
What most countries will need is a marriage certificate, the children's birth certificate to prove that you are their father and a means of identification to show that you are a citizen of the country you are travelling to. NL1960: 1 Like |
Re: Treasury Bills In Nigeria by XiaoLi: 9:56am On Dec 09, 2020 |
Both parents own the children biologically but not legally if you are not legally married to the mother of the children. emmanuelewumi: 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 10:26am On Dec 09, 2020 |
XiaoLi: You are expected to pay for the upkeep of the children. |
Re: Treasury Bills In Nigeria by NL1960: 10:55am On Dec 09, 2020 |
XiaoLi: Quite funny. How can a citizen be asked to show proof of subsistence just because he is going to his country with his family?. Maybe you can take up this issue with the Nigerian in Diaspora Commission. Some of these laws need to be changed. Let me put this issue in my class whatsapp forum for insights from those abroad. 2 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 11:04am On Dec 09, 2020 |
This is not right,they are my children both biologically and legally, what if i plan to relocate with them permanently to Nigeria..does it mean i will not be allowed to do so because im broke? emmanuelewumi: |
Re: Treasury Bills In Nigeria by XiaoLi: 11:05am On Dec 09, 2020 |
Yes you get it right,a citizen is not supposed to show proof of subsistence of any sort to take his children home. Some things just need to changed there! I don't have time to take such matter up, to stop the embarrasement i did Nigerian residence for my wife and minor visa for my kids through my wife's residence..matter closed! NL1960: |
Re: Treasury Bills In Nigeria by DexterousOne(m): 11:48am On Dec 09, 2020 |
emmanuelewumi:This is NOT in doubt |
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