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Business / Re: What Is The Difference Btw Treasury Bill And Fixed Deposit by WisdomEfe: 1:33pm On Jan 07, 2018
crowntoro:
lol
He doesn't know now..lol
Wish I could calculate it for him to show him how it's done

For each of the Tbills they quote the tenor in days (eg 90 days) and the discount rate per annum (e.g 14% per annum).
So lets say you want to invest in Tbills for 90 days at 14% per year so that you will have N500,000.00 (facevalue) at the end of 90 days. The amount you will pay today (the discounted value) is N482,739.73.

500,000.00 - (500,000.00 × 14% × (90/365)) = 482,739.73

The interest (the discount amount) is the difference between the N500,000.00 you will get in 90 days and the N482,739.73 you paid for it today which is N17,260.27.

500,000.00 - 482,739.73 = 17,260.27

I hope this helps.

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Business / Re: What Is The Difference Btw Treasury Bill And Fixed Deposit by WisdomEfe: 12:26pm On Jan 07, 2018
FrenchWay:

Such risk is very small and minimal.
U can sacrifice a room.
For the peat, its very easy to ta kle. There are chemicals to buy and mix the beans with. after which u reseal. The chemicals are potent for some months after which the beans can be. Consumed

Do you live in Niger state?
Is it something you have done are you doing it now?
isn't this chemical dangerous to humans or does it not affect the quality (remember killer beans)?
Religion / Re: Dreams And Their Meanings/ Interpretation by WisdomEfe: 10:21am On Jan 07, 2018
I dreamt that I was with a friend in his car driving somewhere, we saw 2 friends and stopped to talk with them. I and one of the friends argued about a part of the car. I noticed I was wearing a black, not so new black sandals. All of a sudden I noticed I noticed I was not wearing the sandals again and I was looking for it but did not find it. I noticed another new sandals belonging to another friend hidden in a bucket and took it and ran back to the car. When I looked at it they were new and brown with a crest.
Business / Re: What Is The Difference Btw Treasury Bill And Fixed Deposit by WisdomEfe: 8:42am On Jan 07, 2018
FrenchWay:

Niger state.
Currently its about 20-25k. But I don't know if there are states that have them invheaper quantity.

In august or so, a bag would sell for like 50 and above

What about storage cost and the risk that they will get spoilt by pest, moisture etc.
please answer

3 Likes

Romance / Re: Trending Picture Of A Future Slay Queen On Facebook. by WisdomEfe: 8:39am On Aug 05, 2017
[qu7ote author=Monaco2 post=59159248]Person wey don already Dey slay nai u Dey call future slay queen wink[/quote]

I dey tell you

1 Like

Religion / Re: Dreams And Their Meanings/ Interpretation by WisdomEfe: 8:29am On Jul 26, 2017
Amen. He has vomited it already
Religion / Re: Dreams And Their Meanings/ Interpretation by WisdomEfe: 2:07pm On Jul 25, 2017
I had a dream last night I was in a car with a former colleage driving. I think there was an accident in front and we almost fell into a river. He tried reversing, again we almost fell into the same river but some how we made it out of the car. In the process I made it out of the car but I noticed that my bag had fallen into the river (in an area that looked like it was fenced) and in the dream I started shouting my bag, my certificates, I can't swim and a woman that was there said you can't pick it up lets go.

What does that mean.

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