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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4596655 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 NL1960: 12:39pm On Mar 01, 2021 |
ahiboilandgas: Otedola has visited the Dangote refinery complex twice in the last one month. What is his interest in the refinery?. 1 Like |
Re: Treasury Bills In Nigeria by yazga: 12:40pm On Mar 01, 2021 |
NL1960:Patnership |
Re: Treasury Bills In Nigeria by ojesymsym: 12:41pm On Mar 01, 2021 |
Maybe na shame de catch de guy. He may be wondering to himself, why didn't I think of this when I had the opportunity and access to subsidy money. NL1960: 1 Like |
Re: Treasury Bills In Nigeria by SeaTrade(m): 12:43pm On Mar 01, 2021 |
ahiboilandgas:At what price? You think they are doing it for free? Las las the populace and consumers go hear am. Maybe one tomato go hit N100,Aje ![]() |
Re: Treasury Bills In Nigeria by NL1960: 12:51pm On Mar 01, 2021 |
yazga: What type of partnership?. 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:54pm On Mar 01, 2021 |
NL1960:he has sold his stake in the down stream for 250m dollars cos his friend is about to turn the business upside down he left when the ovation is loud but not loudest.....he knows well the risk of holding on .....he rather buy shares in dangote refinery which will be listed and enjoy his live ...he say he have just 12 year to live other na sleep 2 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 12:55pm On Mar 01, 2021 |
NL1960:his 250m dollars can be there na ....Dangote industries ltd can sell some share to him |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:24pm On Mar 01, 2021 |
NL1960: He is a shareholder, he invested part of the N65 billion he made from the sale of his shares in Forte Oil. Minimum Investment for pioneer investors in the refinery is about $50 million 1 Like |
Re: Treasury Bills In Nigeria by yazga: 1:33pm On Mar 01, 2021 |
Business NL1960: 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 1:34pm On Mar 01, 2021 |
emmanuelewumi: Let’s assume he invested $100m. So because of $100m, na him Baba dey follow Aliko bumper to bumper to monitor that him small investment? ![]() Such people don’t go into ventures like this to be minority shareholders. I believe he has a much larger interest in that business. He’s most likely going to be the guy marketing the refined products produced there ![]() 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 2:11pm On Mar 01, 2021 |
Lazyyouth4u: Hmmmmm. You have a point there. |
Re: Treasury Bills In Nigeria by ojesymsym: 2:11pm On Mar 01, 2021 |
Most of the people doing the blockage non really get any business, just like agbero say no transport for road today. They really have nothing to lose, it is these poor farmers that get to be affected by this backward thinking since they will produce farm produce and there will be no off takers. Africans really need to learn strategic thinking, everything is too much of brawl. SeaTrade: 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:32pm On Mar 01, 2021 |
Lazyyouth4u: Minority get level . 5% ownership of MTN will give you a dividend of over N9 billion last year, 5% ownership of Dangote Cement will give you a dividend of N14 billion during the lockdown of 2020. Better to own 1% of a well managed growing business, than 100% of a struggling business 19 Likes 3 Shares |
Re: Treasury Bills In Nigeria by SeaTrade(m): 2:34pm On Mar 01, 2021 |
ojesymsym:I know,but you should also know that if the blockade continues,then know that those same poor farmers that are hiding herdsmen and bandits will start attacking them for spoiling their business ,thereby putting an end to that madness,which is a good thing for us all. I've seen this happen a lot of times, so it's not theory . |
Re: Treasury Bills In Nigeria by Nobody: 2:37pm On Mar 01, 2021 |
emmanuelewumi: Understood. But believe me, FO is not following Dangote bumper to bumper on this because of dividends. He has a much larger interest in that business. Time will tell ![]() |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:39pm On Mar 01, 2021 |
Lazyyouth4u: Dangote's cousins ie MRS will also play a major role in the marketing of the products |
Re: Treasury Bills In Nigeria by Nobody: 2:45pm On Mar 01, 2021 |
emmanuelewumi: Oh yes. That’s very true ![]() |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:36pm On Mar 01, 2021 |
emmanuelewumi:they are brothers ....step brother (same mama) ...MRS is maria sunusi (dantata )......the MRS na Dangote mama found am. |
Re: Treasury Bills In Nigeria by ojesymsym: 9:40pm On Mar 01, 2021 |
China is claiming to have completely defeated poverty. China is a country of 1.4billion people, Africa is 1.6 billion, Nigeria is just 200m (which I don't believe is true though). I am not a believer of this American variant of democracy, it is not for many parts of Asia and definitely not for Africans. 6 Likes |
Re: Treasury Bills In Nigeria by Godbpraised: 10:20pm On Mar 01, 2021 |
China are one of the smartest ahiboilandgas: |
Re: Treasury Bills In Nigeria by cmoney22222: 7:32am On Mar 02, 2021 |
ahiboilandgas:Goodmorning. Is tb up to 5.5 now pls? |
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:48am On Mar 02, 2021 |
cmoney22222:yes 1 Like |
Re: Treasury Bills In Nigeria by hustla(m): 7:52am On Mar 02, 2021 |
ahiboilandgas: Good Morning boss Do you know when the Dangote refinery will be completed? And also, will it spell doom for the exchange rate among other things like the guy above mentioned? Kindly clarify Thanks |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:12am On Mar 02, 2021 |
hustla:the last time I visited the depots and loading gantries and Jetty have been completed also the fertilzer section and dealers appointed the refining sector got a lot of work but the fractionating colums is already on ground ...they also going to renovate the road to ibeju lekki to shagamu for trucking out ....the thinking is that if we can save 40 percent of forex bill from import of pms the naira is suppose to be stable or appreciate but Nigeria economic is abnormal and illogical...like now crude oil rose to 65 dollar but the naira is depreciating to 410 but when crude went to zero the naira was stable at 390 .... 12 Likes 1 Share |
Re: Treasury Bills In Nigeria by hustla(m): 8:20am On Mar 02, 2021 |
ahiboilandgas: Means it's hard to predict then.. But I think saving 40% will still help one way or the other Per what you said, refinery should be ready by next year then Issorai Thanks |
Re: Treasury Bills In Nigeria by SeaTrade(m): 8:23am On Mar 02, 2021 |
ahiboilandgas:There is nothing illogical about Nigeria,its just common sense. Crude is $65 true ,but reason naira is weak is because CBN isn't funding parallel market efficiently and Nigeria businessmen being made up of mostly illiterates and local tradesmen ,the parallel market is their only resort since they don't have what it takes to access NAFEX. What this means is that the parallel market will always determine how things go in this country. If CBN like,they can save 100% fx expenditure via dangote refinery,if they don't fund the parallel market properly ,naira will continue to crash as a host of tradesmen go there to buy $$$ 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:28am On Mar 02, 2021 |
SeaTrade:why will dey ? When it markets patronize by illegals like contraband importers and smugglers and money laundering syndicates....the bdc have been smiling to the bank since nov 2020 they make 1.5 m naira ever week on a capital of just 4m naira and license ... |
Re: Treasury Bills In Nigeria by ojesymsym: 8:31am On Mar 02, 2021 |
I was hearing on channels that urea fertilizers will start moving from this week. I think the thinking is that the fertilizer plant can start producing while work on the refinery can continue. Imagine how a nation of more 160 million are waiting for just one man. ahiboilandgas: |
Re: Treasury Bills In Nigeria by SeaTrade(m): 8:32am On Mar 02, 2021 |
ahiboilandgas:You sure about the bolded? Yes,most naija importers are smugglers that cut corners here and there and have no clear cut commodity they are working on,rather "cut and join" from China,hence these people can't access NAFEX . But what you should ask yourself is ,why are these people smuggling? |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:35am On Mar 02, 2021 |
SeaTrade:yes ooh they are the only people enjoying baba govt and container transporters....the cbn gives 10k usd twice weekly to each funded bdc@390 they sell 470 margins 80 naira per dollars....deal concluded within 3 max .. 5 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:40am On Mar 02, 2021 |
SeaTrade:just everthing to destroy Nigeria manufacturing capacity..from rice to edible oil to textile to car to drugs to spaghetti....there is a whole markets selling okrika cloths which is supposed to be a contraband....the smuggler covert the sale from naira back to dollars obtain from the BDC markets and smuggler out to dubai onward China......any time u hear say them arrest aboki or labanese with 3m usd in airport what do u think is happing .... |
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