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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4599926 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 Macktaob(m): 3:35pm On Dec 09, 2020 |
Eddee:Finding it hard to cite the notes you submitted to be compared... Nigeria is fucking poor as a nation, you were just regurgitating the same old cliche bs you African folks feed yourselves for self consolation instead of facing reality. No doubt of course the little we got been and being mismanaged... 8 Likes |
Re: Treasury Bills In Nigeria by Eddee(m): 3:41pm On Dec 09, 2020 |
Macktaob: You’re an alt account- I don’t talk nor argue with ghosts. There’s nothing to prove to you about the wealth of your country - it’s visible and the ‘reality’ is that mismanagement, greed and wickedness put us in this position, this is my first and last response. Consider it a favor! 2 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:43pm On Dec 09, 2020 |
I never thought I will see this day...... Post election violence in Ghana ![]() I am HIGHLY DISAPPOINTED |
Re: Treasury Bills In Nigeria by Nobody: 3:46pm On Dec 09, 2020 |
DexterousOne: even US had post election violence. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:49pm On Dec 09, 2020 |
tumababa:Another incident I never thought I will see in my life Obama win in 2008 that we thought will throw America into chaos It did not Instead there was wild jubilation Now its election violence left and right across the globe |
Re: Treasury Bills In Nigeria by NL1960: 3:52pm On Dec 09, 2020 |
DexterousOne: Iam sure several people never imagined what is happening in the US. One day it will spread to UK. ![]() |
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 6:30pm On Dec 09, 2020 |
Anybody here uses the Piggyvest Flex Savings of 8%? |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:42pm On Dec 09, 2020 |
Lazyyouth4u: Lmao Dangote will cause serious problems for all of us if he dares to sell the volume of shares it will take to buy a private jet or a house He will have to file with the SEC We will get to find out That will make many of us panic Except he does the sale "off market " Even at that The info will still leak Abeg Dangote should pity minority shareholders o Personally I will run for cover if he does this And I believe many will do same |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:45pm On Dec 09, 2020 |
Eddee: I have to agree with Mr. Emma here Nigeria indeed is POOR You measure the wealth of a country by the VALUE IT GENERATES And to be fair Even as we are ahead of I'll say 80% of African countries in value creation We are still on the low end of the stick 6 Likes |
Re: Treasury Bills In Nigeria by baroun04(m): 7:20pm On Dec 09, 2020 |
[I do, it's great I still wander how they maintained it despite banks at 1.25% and cowrie also trailing that of banks, hope they will be here for long 1 Like |
Re: Treasury Bills In Nigeria by DexterousOne(m): 7:24pm On Dec 09, 2020 |
baroun04: Fund managers keyed into the bonds Those long term bonds that pay over 10% In addition to that..... There are a couple of corporate bonds that some of them picked here and there Thus I wont be surprised if they can keep the rates above 5% for at least two more years |
Re: Treasury Bills In Nigeria by Ibrahim505(m): 9:48pm On Dec 09, 2020 |
Tobex4realTobex234:Here i am |
Re: Treasury Bills In Nigeria by SamReinvented: 11:04pm On Dec 09, 2020 |
XiaoLi: US generally do not ask for statement of account regardless of who is applying... but for most countries, yes, you’d have to prove that you can feed yourself while visiting before you can get a visit visa. Doesn’t matter if you’re married or born to their citizen. If you want to avoid that hurdle, the right way would be to get a passport for your family, if they qualify for one. 1 Like |
Re: Treasury Bills In Nigeria by SamReinvented: 11:04pm On Dec 09, 2020 |
XiaoLi: Hollup... you are a citizen and you’re applying for a visa as a citizen? None of that makes sense. Sorry. This story don get comma. 2 Likes |
Re: Treasury Bills In Nigeria by jedisco(m): 11:06pm On Dec 09, 2020 |
XiaoLi: Since you're a Nigerian by birth, then your children should be entitled to a passport irrespective of where they were born. With a passport they're citizens and you don't need to apply for a visa when they visit. This cuts across most countries except the rules in Nigeria are different 2 Likes |
Re: Treasury Bills In Nigeria by jedisco(m): 11:07pm On Dec 09, 2020 |
SamReinvented: Thanks for this... Was wondering why he has to apply for a visa for his kids if he's a Nigerian citizen. 1 Like |
Re: Treasury Bills In Nigeria by XiaoLi: 2:25am On Dec 10, 2020 |
My children must not be citizens of my country of origin, I would have explained more but i will resist the urge to shalaye. SamReinvented: 1 Like |
Re: Treasury Bills In Nigeria by Cyberknight: 4:05am On Dec 10, 2020 |
emmanuelewumi: Very well said. At last someone who doesn't say the usual "Nigeria get money, na steal dem dey steal am" crap. 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 6:29am On Dec 10, 2020 |
SamReinvented:The US may not state is as a hard requirement for visitors’ visa but woe betide any ordinary Nigerian that goes for his visa interview without his bank statements to prove that he has the funds to sustain himself. Except you are Femi Otedola or Aliko Dangote them that can show other proof of huge financial assets or you are a very high salary earner showing payslips as proof, you will be rejected! Most Nigerians need to show their bank statements or the bank statements of their sponsors (if they are kids or older people). It still comes down to proving that you have the resources to fund your trip for the entire duration of your stay and that most importantly, you have ties that will bring you back home. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 6:41am On Dec 10, 2020 |
Cyberknight:We know that Nigeria is not a rich country in the real sense of it.... Looking rich is not the same as being rich |
Re: Treasury Bills In Nigeria by Nobody: 6:43am On Dec 10, 2020 |
Eddee:This guy is actually right. Only thing is Nigeria is not the second or third wealthiest but the wealthiest country in Africa with a GDP of over USD400bn. The sixth largest producer of oil in the world cannot be a poor country. Nigeria is not a poor country! Its citizens may be poor but as a country, Nigeria is not poor. And he stated clearly what the issues are. Corruption, bad leadership and inequality. I will add the biggest issue which is high unsustainable population growth. What Japan may have as an advantage in human capital, Nigeria has more than enough in natural resources. 5 Likes 1 Share |
Re: Treasury Bills In Nigeria by Yankee101: 7:05am On Dec 10, 2020 |
Abeg which banks have the best fixed deposit rates and what's the latest rate on govt tbills? Like say everything don kuku ma crash |
Re: Treasury Bills In Nigeria by ositadiima1: 7:19am On Dec 10, 2020 |
Lazyyouth4u: In terms of raw GDP Nigeria is first in Africa and number 30 in the world. In terms GDP per capita at PPP, Nigeria is 17th in Africa and number 135 (IMF) in the world. From wikipedia: "Gross domestic product (GDP) is a monetary measure of the market value of all the final goods and services produced in a specific time period. GDP (nominal) per capita does not, however, reflect differences in the cost of living and the inflation rates of the countries; therefore, using a basis of GDP per capita at purchasing power parity (PPP) is arguably more useful when comparing living standards between nations, while nominal GDP is more useful comparing national economies on the international market. " Corruption aside, given our population, Nigeria is not doing that well. A family of 4 that earns 350k a month is far better than a family of 15 that earns 1 mil per month. 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Grupo(m): 7:24am On Dec 10, 2020 |
Lazyyouth4u: Natural resources is not wealth. It is nothing more than dirt buried in the soil. Saying Nigeria is rich because of natural resources is like saying a poor 60 year old man without a source of income is rich because he has potentials to become a software engineer and start earning high income. 11 Likes |
Re: Treasury Bills In Nigeria by ositadiima1: 7:36am On Dec 10, 2020 |
![]() Mahatma Gandhi once said "There is enough for everybody’s need and not for anybody’s greed". Maybe, the high level of corruption and nepotism and all other vices Nigeria is known for are as a result of its humongous population. ![]() 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 7:44am On Dec 10, 2020 |
Grupo:Read my comment again. Very carefully. Never in that comment did I mention that Nigeria is a rich country because of its untapped natural resources. I talked about our GDP and the fact that we are the sixth producers of oil. I haven’t even mentioned how much Nigeria makes from our LNG exports. As a country, Nigeria is not poor. I only compared Japan’s human capital to our natural resources as someone mentioned Japan’s human capital advantage somewhere in one of those comments. Btw, your analogy was not a good one. Nigeria can be compared to a rich man with 600 children that owns a lot of undeveloped land in prime locations. He hasn’t sold most of the land or developed them yet but he would make a lot more money when he develops all his land or sells them. The only problem is that he has too many illiterate and criminal children. When he dies, the wealth will not go round and will be kept and squandered by a few of his older criminal children while the younger ones languish in poverty. The country makes and has lots of money. But the people are poor. The key issues are unsustainable population growth, bad leadership, corruption and inequality. Have a great day! 7 Likes |
Re: Treasury Bills In Nigeria by Nobody: 7:48am On Dec 10, 2020 |
ositadiima1:Bros, please don’t ever quote Wikipedia and expect to be taken seriously ![]() Read my comment again very carefully and you will see that you have just corroborated my points. Naija get money but the money no fit go round because our population too much and some people dey thief the money. While some few billionaires dey suck all the money for themselves and their family and friends without regard for the poor. Think for a second. Why are some so called billionaires and foreign companies cashing out (in billions of dollars) from this country every year if it was a poor country? Haba. 1 Like |
Re: Treasury Bills In Nigeria by ositadiima1: 7:57am On Dec 10, 2020 |
Lazyyouth4u: I leave it to the experts to define what metric to use to classify a country. But, if 90% of our population live in poverty would I be wrong when I say my qwantry Nigeria is poor. 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:12am On Dec 10, 2020 |
Nigerian employees of the Anglo-Dutch oil company Shell ordered the deliberate vandalisation of oil pipelines for personal gain, a documentary in the Netherlands has reported. Nigerian employees of the Anglo-Dutch oil company Shell ordered the deliberate vandalisation of oil pipelines for personal gain, a documentary in the Netherlands has reported. Dutch television documentary programme Zembla, together with Dutch environmentalist organisation Milieudefensie, reported in a programme to be aired on Thursday that “multiple witnesses declared that SPDC, a subsidiary of Shell, caused the oil leaks”. Long-term effects of oil spills in Bodo, Nigeria “According to sources, Shell employees profit from these intentional oil leaks by pocketing money from clean up budgets,” Zembla said in a press release summarising an 18-month investigation of various leaks between 2010 and the present day. Zembla added the SPDC, along with the Dutch embassy in Nigeria, were aware of the accusations but had failed to address them. Oil spills in Nigeria have a decades-long history, making companies like Shell, whose headquarters is based in the Netherlands, a frequent target of criticism and protest from human rights and environmental groups. Millions of litres of oil have leaked into the Niger Delta since Shell began oil extraction there in 1958. Zembla said the “greatest oil disaster in the world is unfolding in the Niger Delta”. Shell says that 95 percent of leaks are as a result of sabotage. It denies responsibility for the leaks, which it blames on local criminals and organised gangs. Accusations ‘credible’ However, residents in the Ikarama in the Nigerian state of Bayelsa told Zembla that Shell employees encourage local youths in the villages to sabotage pipelines in the area and then split funds allocated for the cleanup. “If a clean up is necessary, these same youths are then hired to perform it,” Washington Odeibodo told Zembla. A former Shell security guard, who claimed to have been responsible for sabotaging pipelines in the past, said Shell supervisors and employees “split the money from the clean up”. 2 Likes |
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