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Treasury Bills In Nigeria - Investment (1692) - Nairaland

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Re: Treasury Bills In Nigeria by DexterousOne(m): 12:28pm On Dec 07, 2020
AngelicBeing:
Hian shocked
My sister e shock me too shocked
Re: Treasury Bills In Nigeria by Bakosokoto: 12:43pm On Dec 07, 2020
If lies travels far ahead for twenty years, the truth will catch up with it in just one day.
Of what importance is it for people to come online to be bragging and claim what they are not. He who comes to equity must come with clean hands.
Let your yes, be your yes. And you no be your no, is a song by Lagbaja.
When people begin to try very hard to shalaye, (believe you me, true to god, using their finger to touch the ground, lick it with their tongue, then point it to the sky - it only shows they are liars)
Say the truth at all times and keep it simple.

5 Likes 1 Share

Re: Treasury Bills In Nigeria by DexterousOne(m): 12:47pm On Dec 07, 2020
Bakosokoto:
If lies travels far ahead for twenty years, the truth will catch up with it in just one day.
Of what importance is it for people to come online to be bragging and claim what they are not. He who comes to equity must come with clean hands.
Let your yes, be your yes. And you no be your no, is a song by Lagbaja.
When people begin to try very hard to shalaye, (believe you me, true to god, using their finger to touch the ground, lick it with their tongue, then point it to the sky - it only shows they are liars)
Say the truth at all times and keep it simple.

Let me ask you a simple question sir...
If someone comes to lay an allegation that you know is not accurate

Will you just let it slide?
Please answer the question
I'll really like to know
Thank you cheesy

What claims really have I made, that whatever he has brought out as "evidence" proves that I am not what I say I am?
Where have i "bragged" that I am a guru and a big time multi millionaire?
Yes my portfolio is worth a FEW Millions
But I have not claimed to be a multimillionaire with dozens of millions in my brokerage accounts
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 12:51pm On Dec 07, 2020
DexterousOne:
Anyways I think I'll just stop here

Before I reveal too much about myself
It's not necessary
To close this subject matter....

1) Never have I claimed to be an expert
I only come here to share my thoughts on certain subject matters
That's about it

2) Never have I claimed to be a multi billionaire investor
Yea, my portfolio is VERY DECENT for a man my age (less than 35)
But then
There is still room to do better

3) That claim that I dig across the internet to copy and paste here is also another ludicrous allegation
What gain does one have in doing that?
Btw, since most of the discussions here over lap with my field(s)
Why do I have to "Google"

4) My stance has always been the same....
I'd love to move out of Nigeria one day
Nothing wrong with that
And wanting to move out does not make me a riff raff

5) Betting was a phase of my life I would not go back to.....
Even though I am lucky that it did not destroy me financially
I wont recommend that for anybody

6) Yes, I may be less than 10 years into this, but that does not take anything away from me.
We learn and get better everyday

7) Never did I claim that I am as knowledgeable as Sir Emmanuelewumi
Or did I say I want to be like him
That's your allegation and its false and baseless
I admire him and have a lot of respect for him
And I wish to be like him, or even better, when I grow up

One does not need to be 20 to 30 years in the business in order to give financial advice, or investment strategies
Your first two years may be a rocky start
After that, in my opinion, is cruise control
There are young forex traders who are less than 3 years in the business
But have done amazing things


Na wa ooo, so somebody can't joke with you again?

Don't mind him, he took the jokes too far

1 Like

Re: Treasury Bills In Nigeria by XiaoLi: 1:15pm On Dec 07, 2020
You are still shaying alaye, no need for all this shalaye.
Let anybody to believe what they think about you.
Just the way tomato seller will believe anybody who quote figures here is lamba or whatever they call it.
DexterousOne:
Anyways I think I'll just stop here

Before I reveal too much about myself
It's not necessary
To close this subject matter....

1) Never have I claimed to be an expert
I only come here to share my thoughts on certain subject matters
That's about it

2) Never have I claimed to be a multi billionaire investor
Yea, my portfolio is VERY DECENT for a man my age (less than 35)
But then
There is still room to do better

3) That claim that I dig across the internet to copy and paste here is also another ludicrous allegation
What gain does one have in doing that?
Btw, since most of the discussions here over lap with my field(s)
Why do I have to "Google"

4) My stance has always been the same....
I'd love to move out of Nigeria one day
Nothing wrong with that
And wanting to move out does not make me a riff raff

5) Betting was a phase of my life I would not go back to.....
Even though I am lucky that it did not destroy me financially
I wont recommend that for anybody

6) Yes, I may be less than 10 years into this, but that does not take anything away from me.
We learn and get better everyday

7) Never did I claim that I am as knowledgeable as Sir Emmanuelewumi
Or did I say I want to be like him
That's your allegation and its false and baseless
I admire him and have a lot of respect for him
And I wish to be like him, or even better, when I grow up

One does not need to be 20 to 30 years in the business in order to give financial advice, or investment strategies
Your first two years may be a rocky start
After that, in my opinion, is cruise control
There are young forex traders who are less than 3 years in the business
But have done amazing things
Re: Treasury Bills In Nigeria by hustla(m): 1:45pm On Dec 07, 2020
DexterousOne:


The ridiculous post he made, broke my resistance lol

Then I began to shalaye

September 2019, because as at then I was yet to even complete the Post graduate degree I had in the pipelines
Decided to try that CIMA UK qualification (the CIMA certificate in business accounting)

Being an ACA
I saw it as the quickest path to gaining extra points then

I registered and wrote the four papers ( that exercise set me back by £480 thereabouts within that month alone, thankfully I was able to pass all at one sitting , because to repay £70 again would have stung me a lil bit)

Now I have the certificate
But I am less keen on going to canada
I'm looking to elsewhere

Will an unemployed low lifer who is faking about his investment be able to shell out that kind of money at one go, and at very short notice?
.
All these detective work and digging through my old posts
Because I made a distinction between earned and unearned income lol
This guy is just an interesting fellow

You really dont owe anyone any explanation though

You better leave Nigeria if you can LOL
Re: Treasury Bills In Nigeria by UncleBone: 1:51pm On Dec 07, 2020
Lazyyouth4u:
Nairaland is full of very fake people living lies to fill the vacuum in their empty lives. Take everything you hear from so called experts here with a pinch of salt. Most people here are frauds!

Respect to Oga Emma and the very few real/battle tested people on this thread sharing real life experiences and giving views based on their true experiences, background and knowledge of finance and investments.

Word.

3 Likes

Re: Treasury Bills In Nigeria by DexterousOne(m): 1:56pm On Dec 07, 2020
hustla:


You really dont owe anyone any explanation though

You better leave Nigeria if you can LOL

Indeed
That option is still on the table
The focus right now is working as hard as I can to better my financial position even more

If I can get to a point where I can be getting like $1500 to $2k monthly (which btw, I'm still far from reaching that goal)
I'll definitely "expatriate"
Still looking at options though

And yes
I dont owe him or anyone an explanation
But I got "caught up "
Because it's the same thing someone here did to ahiboilandgas.
I wonder what the fuss was about him undecided
Or what would have warranted that

1 Like

Re: Treasury Bills In Nigeria by DexterousOne(m): 2:00pm On Dec 07, 2020
XiaoLi:
You are still shaying alaye, no need for all this shalaye.
Let anybody to believe what they think about you.
Just the way tomato seller will believe anybody who quote figures here is lamba or whatever they call it.

Okay Mr. XIAO
You are right
Anyone can believe what they can believe
That's their prerogative

I just felt I should set some things straight
Which on looking back, I think was rather needless
But the deed has been done

I wont quote that person "digging " anymore
Anything he wants
Let him believe
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:05pm On Dec 07, 2020
emmanuelewumi:



Na wa ooo, so somebody can't joke with you again?

Don't mind him, he took the jokes too far
Well....
Maybe you are right.

We have been quoting each other
And going back and forth for months
Have you read in any of our exchanges that I am one BIG SHOT?
Or I control multimillions?

grin grin grin cheesy
Anyways that said..
What do you think about the move of the federal government want(ed) to make, in "utilising" unclaimed dividends?

Dont you think it's a case of the federal government taking it too far?
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:16pm On Dec 07, 2020
DexterousOne:

Well....
Maybe you are right.

We have been quoting each other
And going back and forth for months
Have you read in any of our exchanges that I am one BIG SHOT?
Or I control multimillions?

grin grin grin cheesy
Anyways that said..
What do you think about the move of the federal government want(ed) to make, in "utilising" unclaimed dividends?

Dont you think it's a case of the federal government taking it too far?



It can't work.


But we have unclaimed shares, that is the main reason why we have up to N150 billion as unclaimed dividends.


I think after a period of grace of 5 years, the unclaimed shares should be cancelled by the companies thereby reducing the outstanding shares.

My opinion though
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:18pm On Dec 07, 2020
emmanuelewumi:



It can't work.


But we have unclaimed shares, that is the main reason why we have up to N150 billion as unclaimed dividends.


I think after a period of grace of 5 years, the unclaimed shares should be cancelled by the companies thereby reducing the outstanding shares.

My opinion though
You see
That N150b figure is all the government is seeing
They are not seeing that these monies are for people
It's not their money
So why try to collect it?

I think we need to simplify the whole process of receipt of dividend...
I think our brokers can borrow a leaf from how Webull and Robinhood distribute dividends to share holders


And something also tells me.......
That some registrars make it difficult to claim dividends
Probably they have alternative use for the money I cant really say....
Re: Treasury Bills In Nigeria by 9jatriot(m): 2:32pm On Dec 07, 2020
Aren't you the chap who used to frequently say the president's report card always shows up on your "dinning" table daily? Travelled round the world, with Ghana, Rwanda, Ivory Coast and every country better than Nigeria.
Anyway, try not to push this further, it is still a faceless forum, do not take it personal. Life happens, it is natural to put up ourselves in the best way possible.
DexterousOne:

Well....
Maybe you are right.

We have been quoting each other
And going back and forth for months
Have you read in any of our exchanges that I am one BIG SHOT?
Or I control multimillions?

grin grin grin cheesy
Anyways that said..
What do you think about the move of the federal government want(ed) to make, in "utilising" unclaimed dividends?

Dont you think it's a case of the federal government taking it too far?

6 Likes

Re: Treasury Bills In Nigeria by DexterousOne(m): 2:41pm On Dec 07, 2020
9jatriot:
Aren't you the chap who used to frequently say the president's report card always shows up on your "dinning" table daily? Travelled round the world, with Ghana, Rwanda, Ivory Coast and every country better than Nigeria.
Anyway, try not to push this further, it is still a faceless forum, do not take it personal. Life happens, it is natural to put up ourselves in the best way possible.

Yes
I have been to these countries listed (which btw is not a big deal lol. Travelling to other African countries for example does not make you a "Big Shot" )

Second
The president report card comes to my table periodically

You know what a president report card is?

Every president is judged by a couple of things
Inflation rate
Unemployment rate
Exchange rate stability
Fiscal responsibility (basically the debt position)
etc
In order to do one of my job roles with my team
I have to use these numbers
And "make sense" out of them cool
So you see what I mean by the presidents "report card?"

Like you said
Let's not drag this any further
Let's lay it to rest
Re: Treasury Bills In Nigeria by DrAkpa(m): 2:41pm On Dec 07, 2020
Important notice for only mba investors on this thread. Please.

Thank you

Re: Treasury Bills In Nigeria by DexterousOne(m): 2:44pm On Dec 07, 2020
DrAkpa:


Important notice for only mba investors on this thread. Please.

Thank you
Dr. Akpa
I'll like to ask you a question

Do you accept that this MBA Forex thing is a HIGH RISK business?
I try my best
Like really try, not to shame anybody who puts his money into whatever
It's just for the person to understand the risk
That's about it

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:58pm On Dec 07, 2020
DexterousOne:

You see
That N150b figure is all the government is seeing
They are not seeing that these monies are for people
It's not their money
So why try to collect it?

I think we need to simplify the whole process of receipt of dividend...
I think our brokers can borrow a leaf from how Webull and Robinhood distribute dividends to share holders


And something also tells me.......
That some registrars make it difficult to claim dividends
Probably they have alternative use for the money I cant really say....

Dividends become status barred after 12 years, meaning the shareholders can have access to the money again. The money goes back to the company.

Government wants to put an end to this, rather they want to manage the fund until shareholders or their families will come for the fund.

SEC is really trying to make sure unclaimed dividends reduce to the barest minimum. They have a portal where you can type your name or your parents names and it will give the list the list of companies where you or your parents have outstanding dividends.

A family was able to retrieve over N10 million from the accumulated dividends of the their father who died 15 years ago.

Shareholders should open a stock broking accounts and allow their stockbrokers and other professionals to assist them with their outstanding dividends.


The major problem with unclaimed dividends is unclaimed shares, up to 70% of the outstanding unclaimed dividends are unclaimed shares. People who used fake names to buy shares, some of them are dead and their families do not know about the Investments.


Before the advent of BVN frausters who have a syndicate with members from the banks, post offices, passport office, licensing office and the registrars would have claimed the fund through identify theft
Re: Treasury Bills In Nigeria by Nobody: 3:15pm On Dec 07, 2020
emmanuelewumi:


Dividends become status barred after 12 years, meaning the shareholders can have access to the money again. The money goes back to the company.

Government wants to put an end to this, rather they want to manage the fund until shareholders or their families will come for the fund.

SEC is really trying to make sure unclaimed dividends reduce to the barest minimum. They have a portal where you can type your name or your parents names and it will give the list the list of companies where you or your parents have outstanding dividends.

A family was able to retrieve over N10 million from the accumulated dividends of the their father who died 15 years ago.

Shareholders should open a stock broking accounts and allow their stockbrokers and other professionals to assist them with their outstanding dividends.


The major problem with unclaimed dividends is unclaimed shares, up to 70% of the outstanding unclaimed dividends are unclaimed shares. People who used fake names to buy shares, some of them are dead and their families do not know about the Investments.


Before the advent of BVN frausters who have a syndicate with members from the banks, post offices, passport office, licensing office and the registrars would have claimed the fund through identify theft
Sir, a huge chunk of the unclaimed dividends also belong to those people who have left the country and haven’t had time to come back home to sort out the issues. Those that come back end up leaving because they have very little time and couldn’t be bothered to be running around for unclaimed shares and dividends and the wahala of dealing with registrars and stockbrokers.

Then we have those of dead people that died without a will that their children are aware of the shares but couldn’t be bothered to go through the big time wahala involved in getting a Letter of Administration to claim the dividends. A lot of people just give up.
Re: Treasury Bills In Nigeria by ukay2: 3:17pm On Dec 07, 2020
Lazyyouth4u:

Sir, a huge chunk of the unclaimed dividends also belong to those people who have left the country and haven’t had time to come back home to sort the issues. Those that come back end up leaving because they have very little time and couldn’t be bothered to be running around for unclaimed shares and dividends and the wahala of dealing with registrars and stockbrokers.

Then we have those of dead people that died without a will that their children are aware of the shares but couldn’t be bothered to go through the big time wahala involved in getting a Letter of Administration to claim the dividends. A lot of people just give up.

Very true
Re: Treasury Bills In Nigeria by TotoNaRubber: 3:30pm On Dec 07, 2020
That ponzi scheme promoter has been warned severally not to keep spreading ponzi scheme messages here, unfortunately this thread will be closed down. Treasury bills is finished and the purpose for this thread has been defeated, I suggest trusted parties may share contacts between themselves.
Commenting next time may be met with "Thread Closed".


DexterousOne:

Dr. Akpa
I'll like to ask you a question

Do you accept that this MBA Forex thing is a HIGH RISK business?
I try my best
Like really try, not to shame anybody who puts his money into whatever
It's just for the person to understand the risk
That's about it
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:32pm On Dec 07, 2020
Lazyyouth4u:

Sir, a huge chunk of the unclaimed dividends also belong to those people who have left the country and haven’t had time to come back home to sort out the issues. Those that come back end up leaving because they have very little time and couldn’t be bothered to be running around for unclaimed shares and dividends and the wahala of dealing with registrars and stockbrokers.

Then we have those of dead people that died without a will that their children are aware of the shares but couldn’t be bothered to go through the big time wahala involved in getting a Letter of Administration to claim the dividends. A lot of people just give up.

Things are now done online, processing advisers like lawyers, accounts, stockbrokers, Trustees and Probate services providers can assist people with their Investments.

I know about 5 actives members of this thread who are based abroad and are receiving their dividends on a steady basis

Please share your testimonies
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:33pm On Dec 07, 2020
TotoNaRubber:
That ponzi scheme promoter has been warned severally not to keep spreading ponzi scheme messages here, unfortunately this thread will be closed down. Treasury bills is finished and the purpose for this thread has been defeated, I suggest trusted parties may share contacts between themselves.
Commenting next time may be met with "Thread Closed".




We should learn how to ignore them, is that too difficult to do?

4 Likes 1 Share

Re: Treasury Bills In Nigeria by DexterousOne(m): 3:36pm On Dec 07, 2020
TotoNaRubber:
That ponzi scheme promoter has been warned severally not to keep spreading ponzi scheme messages here, unfortunately this thread will be closed down. Treasury bills is finished and the purpose for this thread has been defeated, I suggest trusted parties may share contacts between themselves.
Commenting next time may be met with "Thread Closed".


Take it from me
None of us here are putting our money into MBA Forex
So no worries

2 Likes 1 Share

Re: Treasury Bills In Nigeria by DexterousOne(m): 3:38pm On Dec 07, 2020
emmanuelewumi:


Dividends become status barred after 12 years, meaning the shareholders can have access to the money again. The money goes back to the company.

Government wants to put an end to this, rather they want to manage the fund until shareholders or their families will come for the fund
SEC is really trying to make sure unclaimed dividends reduce to the barest minimum. They have a portal where you can type your name or your parents names and it will give the list the list of companies where you or your parents have outstanding dividends.

A family was able to retrieve over N10 million from the accumulated dividends of the their father who died 15 years ago.

Shareholders should open a stock broking accounts and allow their stockbrokers and other professionals to assist them with their outstanding dividends.


The major problem with unclaimed dividends is unclaimed shares, up to 70% of the outstanding unclaimed dividends are unclaimed shares. People who used fake names to buy shares, some of them are dead and their families do not know about the Investments.


Before the advent of BVN frausters who have a syndicate with members from the banks, post offices, passport office, licensing office and the registrars would have claimed the fund through identify theft
I dont trust the Nigerian government one bit with this money
Maybe I'm being too paranoid

That said
I think BVN is the single best thing we did
It removed a lot of avenues for "wuru wuru" cheesy grin
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:40pm On Dec 07, 2020
I really miss the days of > 13% T Bill's rate
Seems those days are gone and gone forever lipsrsealed

Stocks, REITs, and maybe long term government bonds are what is leftundecided
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:54pm On Dec 07, 2020
DexterousOne:

I dont trust the Nigerian government one bit with this money
Maybe I'm being too paranoid

That said
I think BVN is the single best thing we did
It removed a lot of avenues for "wuru wuru" cheesy grin


Government doesn't have any business with the fund, after all they have collected withholding tax of over N15 billion from the dividends

2 Likes

Re: Treasury Bills In Nigeria by Ikjosh04: 4:04pm On Dec 07, 2020
Lazyyouth4u:
Nairaland is full of very fake people living lies to fill the vacuum in their empty lives. Take everything you hear from so called experts here with a pinch of salt. Most people here are frauds!

Respect to Oga Emma and the very few real/battle tested people on this thread sharing real life experiences and giving views based on their true experiences, background and knowledge of finance and investments.

Boss please your skills is needed!

If you can go through Dext 7095 posts to fish out those things you screenshot and also have the time to crop multiple screenshot and put them in one image, then I am definitely sure you can go through my 493 post within seconds and manufacture what's not even there to buttress your point if you have something against me.

Kindly go and join your state of residence judicial panel of inquiry to police brutality.

Help the Youth out, by putting your skills into use.

We need Justice!!

I'm sure you'll be given swift entry to the panel once you show the panel your rich portfolio, to mention a few, which contain the call out of NL audio billionaire and your recent call out of an audio investor according to you.

Btw., I mean no harm, just laugh it off! grin

11 Likes 1 Share

Re: Treasury Bills In Nigeria by Nobody: 4:12pm On Dec 07, 2020
Ikjosh04:


Boss please your skills is needed!

If you can go through Dext 7095 posts to fish out those things you screenshot and also have the time to crop multiple screenshot and put them in one image, then I am definitely sure you can go through my 493 post within seconds and manufacture what's not even there to burtress your point if you have something against me.

Kindly go and join your state of residence judicial panel of inquiry to police brutality.

Help the Youth out, by putting your skills into use.

We need Justice!!

I'm sure you'll be given swift entry to the panel once you show the panel your rich portfolio, to mention a few, which contain the call out of NL audio billionaire and your recent call out of an audio investor according to you.

Btw., I mean no harm, just laugh it off! grin
Hahaha grin grin. Na you sabi.

1 Like

Re: Treasury Bills In Nigeria by Whiteshield: 4:16pm On Dec 07, 2020
TransAtlanticEx:
Oboy e be like say you want bunk this banny... grin
Correct guy.
But how una dey take chyke banny weh una never see dey always surprise me,what if na old woman or married woman sef or ugly? undecided
The thing dey always hard me to understand.
But me sef go like lash that missjekyll girl sha,I hear say she tall well well grin

If only you had a responsible mother, you would have learnt how to respect women. If only your father was around, you would have learnt chivalry and manners. Unfortunately, you have the scruples of a street dog.

5 Likes

Re: Treasury Bills In Nigeria by DexterousOne(m): 4:16pm On Dec 07, 2020
emmanuelewumi:



Government doesn't have any business with the fund, after all they have collected withholding tax of over N15 billion from the dividends
Exactly my point
When it comes to the government
Especially this government
I dont trust them for anything
Now we are hearing another one, that the state governors or so want to borrow pension funds money undecided

And use for "infrastructure "
I dont trust the government and bit
Re: Treasury Bills In Nigeria by drealj: 4:24pm On Dec 07, 2020
DrAkpa:


Expect my next alert in 3weeks.. E go loud for this thread
Mad people full this country

2 Likes 1 Share

Re: Treasury Bills In Nigeria by TransAtlanticEx(m): 4:34pm On Dec 07, 2020
drealj:
Mad people full this country
I can bet my balls say MBA don cast. grin
Alert in his dreams.

1 Like 1 Share

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