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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 Goel: 11:51am On Dec 09, 2020 |
Leezah:Haryana 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 12:08pm On Dec 09, 2020 |
NL1960:I think this has to do with Edo State’s credit rating of BBB- by Agusto. To raise funds from the domestic PFAs, bonds must have a minimum rating of BBB. Since Edo state doesn’t, the SPV will issue the bonds and then on-lend the proceeds to Edo State, who will in turn issue an irrevocable guarantee backed by the ISPO to the SPV for this loan (or notes). No matter what happens to Edo state, the FGN will be deducting the amount due to the SPV’s bond investors from Edo State’s allocation and paying into the sinking fund held by the SPV’s trustees. The Nigerian PFAs can invest in the SPV as it is rated BBB by Agusto. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:48pm On Dec 09, 2020 |
DexterousOne: Even though the man is not legally married to the mother of the child |
Re: Treasury Bills In Nigeria by DexterousOne(m): 1:15pm On Dec 09, 2020 |
emmanuelewumi:Absolutely That's why I said that culture is "quite interesting " |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:31pm On Dec 09, 2020 |
Re: Treasury Bills In Nigeria by Nobody: 1:38pm On Dec 09, 2020 |
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Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:53pm On Dec 09, 2020 |
Lazyyouth4u: Haba, how much is a house that Alhaji will need to sell his shares. The man and his workers are even increasing their holdings. Listing gives visibility to his business, it gives easy capital and most importantly used by Forbes for their ranking. A man who gets dividends of about N250 billion from his listed companies ie Dangote Cement, Dangote Sugar and NASCON every year, not to talk of other Investments and unlisted businesses. Such a person doesn't need to sell his shares to buy a house of N10 billion or more 1 Like |
Re: Treasury Bills In Nigeria by Eddee(m): 1:56pm On Dec 09, 2020 |
Lazyyouth4u: Interesting read, still don’t understand Nigerian governors’ obsession with debt |
Re: Treasury Bills In Nigeria by Akin3891: 2:00pm On Dec 09, 2020 |
emmanuelewumi: 1.30 minute for both to n fro? You are strong oo, I do 20 minutes max running in my compound twice a week, wish I can do more. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:01pm On Dec 09, 2020 |
Eddee: We don't generate enough income, the few generated are mismanaged, our population is huge and also growing at a rate higher than our economic growth rate 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:03pm On Dec 09, 2020 |
Akin3891: 90 minutes walk, 5 times in a week. Try it for 6 weeks and your weight will come under control, cholesterol level will reduce, blood pressure will come down by between 5% to 10% 5 Likes |
Re: Treasury Bills In Nigeria by Nobody: 2:10pm On Dec 09, 2020 |
XiaoLi: True, on my way back from Nigeria, they asked me what job I was doing even with a western passport. I was like wetin be your business , you dey feed me. Try renewing your Nigerian passport abroad, you will know hell is different from heaven. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:11pm On Dec 09, 2020 |
emmanuelewumi:thanks I will try it .... 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 2:13pm On Dec 09, 2020 |
emmanuelewumi: film trick. if u do all these without watching what you eat or drink, na waste of time. confirmed 4 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:22pm On Dec 09, 2020 |
tumababa: Correct, try to have cabbage, lettuce, carrots, garlic, cucumber sliced into your meals or take fruits with all meals. But 90 minutes of walk 5 times a week will reduce your weight, in 6 weeks. The problem is how to find time for it. You will lose up to 5kg.
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Re: Treasury Bills In Nigeria by Eddee(m): 2:27pm On Dec 09, 2020 |
emmanuelewumi: Chief, this is debatable. You’re right about mismanagement or should we use misappropriation/misapplication of hard earned IGR on recurrent/white elephant expenditures? Anyhow you look at it, I don tire for this country! |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:30pm On Dec 09, 2020 |
Eddee: There is nothing to debate, Nigeria is a poor country about 80% of the states are not economically viable and sustainable. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:31pm On Dec 09, 2020 |
Lagos has a budget of about N1.1 Trillion for 20 million Lagosians, that is just N55,000 per citizen of the state 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 2:33pm On Dec 09, 2020 |
emmanuelewumi:Walahi I was waiting for this response from you . Some big businesses are not listed and are still very visible. The wahala involved in being a listed company is too much just for the sake of visibility. Virgin comes to mind. A business like Dangote’s doesn’t need to be listed to raise money. He can always raise money as a private company via private placements provided the investors are willing to be locked in for long. Forbes ranking is the last thing on the mind of any sane business man. Buying a house on Banana Island may not be a good example but there are a lot of things he may need easy access to liquid funds for. Eg investing in new businesses, private jets are not cheap, apartments in those Hyde Park buildings or Trump Towers are very expensive, charitable foundations, Trust funds for his kids, etc Also, if things start going south anytime, he can easily dump some shares in the secondary market and japa |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:36pm On Dec 09, 2020 |
Lazyyouth4u: Private jet at $60 million is just N24 billion. He has private jets which he leased to his companies for the use of his management staff and he makes profit from the arrangement |
Re: Treasury Bills In Nigeria by Eddee(m): 2:38pm On Dec 09, 2020 |
emmanuelewumi: Again this is very subjective. The economic matrices/indices government agencies base their poverty lies upon are geared towards creating the perception that we are poor - Nigeria just like Congo is not poor, only poorly run! Would love to discuss this over a drink or two and not argue online seeing the tone your response has taken! |
Re: Treasury Bills In Nigeria by ukay2: 2:39pm On Dec 09, 2020 |
Lazyyouth4u: Fantastic |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:41pm On Dec 09, 2020 |
Eddee: Okay sorry about the tone. Can you give your reasons why you think Nigeria is not a poor country |
Re: Treasury Bills In Nigeria by ukay2: 2:49pm On Dec 09, 2020 |
Lazyyouth4u: Very funny |
Re: Treasury Bills In Nigeria by Eddee(m): 2:49pm On Dec 09, 2020 |
emmanuelewumi: Nigeria is likely the second or third wealthiest country in Africa. We have great human resources (mostly tapped already), great swathes of arable land for agriculture of whatever nature. Petroleum/Natural gas reserves in quantities and quality that other countries will envy, we have zinc, bitumen, limestones, gold, coal and a host of other natural resources in commercial quantities. Like I said earlier and still insist respectfully, our problems are in no particular order; corruption, bad leadership and inequitable distribution of wealth. 7 Likes |
Re: Treasury Bills In Nigeria by Nobody: 2:52pm On Dec 09, 2020 |
ukay2:Na so o |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:56pm On Dec 09, 2020 |
Eddee: How can we put this or convert to Naira, dollars or pounds. Major economies have gone beyond mineral resources, what are the mineral resources in Japan? What is the size of the total wealth in Nigeria that needs to be redistributed 4 Likes |
Re: Treasury Bills In Nigeria by handsomebolanle: 2:58pm On Dec 09, 2020 |
emmanuelewumi: Hmmm... |
Re: Treasury Bills In Nigeria by Eddee(m): 3:10pm On Dec 09, 2020 |
emmanuelewumi: I’ll like to clarify one thing, the initial conversation revolved around whether Nigeria was poor or not and not how well we compete with developed nations that have a fraction of our population. What is the Naira, Dollars or Yen since you mentioned Japan? Okay I’ll answer that. First and foremost, a unit of measure for payment of goods and services. Essentially an advanced barter system! I guess you’re looking at exchange rate which has to do with economic health and standard of living. And I mentioned the fact that one of our biggest problem is ‘inequitable distribution of wealth’ - I don’t want to get started on corruption and nepotism. As for comparing, what mineral resources a country like Japan has to Nigeria, they have the same Number 1 resource as we do - HUMAN. You must have read a lot about capital flight in the 70s, 80s and even 90s. But how about ‘human capital flight’ by our brothers and sisters over the same period and even now? 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:22pm On Dec 09, 2020 |
Eddee: Japan has human resources. What is the quality of our education? How functional is our education? How many researches are our universities carrying out every year? We produce graduates of engineering and science every year, how have they been able to use their knowledge to solve our problems? How many children are out of school? What about health care? How many Nigerians live in a decent accommodation? How many of us have access to clean water? How many of us have toilets at home? Come to Lagos early in the morning and see open defecation by Lagosians who are homeless. 5 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:25pm On Dec 09, 2020 |
We will continue to be poor if we don't produce what we consume and even produce more for sale, control the explosive population growth and change our values 9 Likes 1 Share |
Re: Treasury Bills In Nigeria by Eddee(m): 3:26pm On Dec 09, 2020 |
emmanuelewumi: I’d love to stay here and engage with you but you’re obviously angrier at the state of affairs of our beloved country than I am. And this may degenerate from a purely fun-based interaction to a sentimental based conversation. Hopefully, we birth in the country of our dreams but I go still japa!!! It’s been nice comparing notes, So long brother 2 Likes |
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