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Treasury Bills In Nigeria - Investment (1775) - Nairaland

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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 ojesymsym: 7:06pm On Feb 23
You yourself have always said banks (except maybe first bank) have mastered the art of making money in Nigeria in both good times and had times.

emmanuelewumi:
How are these banks making money.

Zenith Bank made a profit after tax of N230 billion in 2020 compared to N208 billion made in 2019. Their equity is now over N1 Trillion.


Oga Jim Ovia will get a fat dividend of about N12 billion

Life no just balance
Re: Treasury Bills In Nigeria by ukay2: 7:11pm On Feb 23
ojesymsym:
You yourself have always said banks (except maybe first bank) have mastered the art of making money in Nigeria in both good times and had times.


Even in Coronavirus Pandemic

UGAZ are so resilience

Earning seasons are indeed joyful grin

1 Like

Re: Treasury Bills In Nigeria by ojesymsym: 7:16pm On Feb 23
Coronavirus actually favor banks in some ways since they were able to scale down on some running cost and optimizing their online and web access
ukay2:


Even in Coronavirus Pandemic

UGAZ are so resilience

Earning seasons are indeed joyful grin

6 Likes

Re: Treasury Bills In Nigeria by ukay2: 7:27pm On Feb 23
True

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:37pm On Feb 23
Lazyyouth4u:


Understood. But I was asking what Eurobonds are yielding that 8%. Just want to know the name of the issuer of the Eurobond sir. What company/country?


You will need $100,000 to buy Eurobonds. With $1000 you can buy Eurobond mutual funds
Re: Treasury Bills In Nigeria by Lazyyouth4u: 7:53pm On Feb 23
emmanuelewumi:



You will need $100,000 to buy Eurobonds. With $1000 you can buy Eurobond mutual funds

I am just trying to see how they are able to get 8% yield when Eurobonds in the market are generally yielding less...
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:56pm On Feb 23
Lazyyouth4u:


I am just trying to see how they are able to get 8% yield when Eurobond yields in the market are generally yielding less...


I think Fidelity offered 8%.

The range is between 6% and 7.5%.

Most of the banks terminated prematurely, I guess to beat devaluation of the local currency.
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:33pm On Feb 23
emmanuelewumi:
How are these banks making money.

Zenith Bank made a profit after tax of N230 billion in 2020 compared to N208 billion made in 2019. Their equity is now over N1 Trillion.


Oga Jim Ovia will get a fat dividend of about N12 billion

Life no just balance
he choose to be a player in the real world against playing safe in the fix income space ..he created a value and his reaping the reward.....i will never stop trying me hands in the real world and alway have some back up in fixed income ...

7 Likes

Re: Treasury Bills In Nigeria by SeaTrade(m): 8:44pm On Feb 23
ahiboilandgas:
he choose to be a player in the real world against playing safe in the fix income space ..he created a value and his reaping the reward.....i will never stop trying me hands in the real world and alway have some back up in fixed income ...
Real money comes from the real world,all this fixed income nonsense won't take you anywhere.
I like you cos you are a realist and always say the truth.
The truth is most of all these people here dabbling into stock and fixed income ,a lot of them wont make 10m naira in their lifetime from these and they know it,despite the fact that they come here to form rubbish but I can see through the BS.
goodluck to you.

4 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:16pm On Feb 23
SeaTrade:
Real money comes from the real world,all this fixed income nonsense won't take you anywhere.
I like you cos you are a realist and always say the truth.
The truth is most of all these people here dabbling into stock and fixed income ,a lot of them wont make 10m naira in their lifetime from these and they know it,despite the fact that they come here to form rubbish but I can see through the BS.
goodluck to you.
life will be boring been in the fixed income space only their inner excitement,accomplishment that come with a successful enterprise or real world it beyond just earning interest it beyond that...bau just sign a 200m dollars refinery he could have just fixed in euro bond and retire on 8 m dollars yearly....

1 Like 1 Share

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:19pm On Feb 23
ukay2:
True
it impossible to meet this luck in the fixed income space ....this income from fixed income should be plough back to creatively....then luck
Re: Treasury Bills In Nigeria by Biafran4life(m): 9:32pm On Feb 23
SeaTrade:
Real money comes from the real world,all this fixed income nonsense won't take you anywhere.
I like you cos you are a realist and always say the truth.
The truth is most of all these people here dabbling into stock and fixed income ,a lot of them wont make 10m naira in their lifetime from these and they know it,despite the fact that they come here to form rubbish but I can see through the BS.
goodluck to you.
You don't know what you are talking about.For fixed income I don't know.For stock you are completely wrong.If you are into buying and selling.I have come to realize for you to be successful as most of you claim is to throw integrity to the gutters.You cut corners,cheat customers through different means.This is presently affecting me as I am trying everything necessary to be straight in retail business.I now see why retail businesses die easily if you are not ready to join the practice.I can't imagine what middle men want you to do when they bring customers to your shop even the ones from churches.

5 Likes 1 Share

Re: Treasury Bills In Nigeria by Biafran4life(m): 9:38pm On Feb 23
ahiboilandgas:
life will be boring been in the fixed income space only their inner excitement,accomplishment that come with a successful enterprise or real world it beyond just earning interest it beyond that...bau just sign a 200m dollars refinery he could have just fixed in euro bond and retire on 8 m dollars yearly....
please which state is he building and local government . Want to check opportunity in real estate in such location
Re: Treasury Bills In Nigeria by SeaTrade(m): 9:40pm On Feb 23
Biafran4life:
You don't know what you are talking about.For fixed income I don't know.For stock you are completely wrong.If you are into buying and selling.I have come to realize for you to be successful as most of you claim is to throw integrity to the gutters.You cut corners,cheat customers through different means.This is presently affecting me as I am trying everything necessary to be straight in retail business.I now see why retail businesses die easily if you are not ready to join the practice.I can't imagine what middle men want you to do when they bring customers to your shop even the ones from churches.
One thing you have to know is that goods don't have price,you sell according to who is buying and there is nothing wrong about it,that's not cheating in anyway!
When middle man bring client to your shop,sell according to the calibre of the client he brings and pay him (the middleman) his cut accordingly so that he can bring more customers for you.
(Capitalism gives you a free market to sell as you like so long as a client is willing to pay what you bill him.
Bad practices that I don't support is selling fakes as original and falsifying and inflating Bill's on invoices to fool the client.These are what I call wrong practices in retail.)
If you don't comply with middlemen,your business will die soon as there are hundreds of others willing to comply which will even make me happy so that a person that is serious to succeed in business can takeover that space you are trying to waste from your holier than thou self.
Be wise,no say I no be tell you.
If I tell you to show me that money you have made from the stock market,you will start doing like epilepsy patient.
Tell that to the birds,there is no money in that shit,the people that make that real money are the guys who own those trading firms who control and influence prices,the rest of you downplayers are just crumbies,all of you!!no single exception.

2 Likes 1 Share

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:51pm On Feb 23
Biafran4life:
please which state is he building and local government . Want to check opportunity in real estate in such location
akwaibom
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 9:59pm On Feb 23
Sharmeenator:

I'm thinking along the same lines. How do I convert my Nairas to Dollars? Do u advice I go through BDC or banks?

What do you want to invest the dollars in?

If it's stocks, Bamboo, Trove, Chaka e.t.c will give you dollars, and you can pay them in Naira.

If it's crypto, it's very easy to exchange NGN for BUSD, USDT or USDC on Binance.

If it's Eurobonds, try Risevest or I-invest.

My recommendation for USD is if you're investing. If you just want to speculate, try aboki.

3 Likes

Re: Treasury Bills In Nigeria by Biafran4life(m): 10:44pm On Feb 23
SeaTrade:
One thing you have to know is that goods don't have price,you sell according to who is buying and there is nothing wrong about it,that's not cheating in anyway!
When middle man bring client to your shop,sell according to the calibre of the client he brings and pay him (the middleman) his cut accordingly so that he can bring more customers for you.
(Capitalism gives you a free market to sell as you like so long as a client is willing to pay what you bill him.
Bad practices that I don't support is selling fakes as original and falsifying and inflating Bill's on invoices to fool the client.These are what I call wrong practices in retail.)
If you don't comply with middlemen,your business will die soon as there are hundreds of others willing to comply which will even make me happy so that a person that is serious to succeed in business can takeover that space you are trying to waste from your holier than thou self.
Be wise,no say I no be tell you.
If I tell you to show me that money you have made from the stock market,you will start doing like epilepsy patient.
Tell that to the birds,there is no money in that shit,the people that make that real money are the guys who own those trading firms who control and influence prices,the rest of you downplayers are just crumbies,all of you!!no single exception.
I now see why the lady see you finish.Show me the money you make in the drink business.Even people like Bishop and Etakabe no they make noise way they the line.You don't sell fake but you sell parallel market from China.You think posting truck load of red wine is big deal.

1 Like

Re: Treasury Bills In Nigeria by SeaTrade(m): 10:54pm On Feb 23
Biafran4life:
I now see why the lady see you finish.Show me the money you make in the drink business.Even people like Bishop and Etakabe no they make noise way they the line.You don't sell fake but you sell parallel market from China.You think posting truck load of red wine is big deal.

You know nothing about the alcohol business and how it operates clearly,little wonder you think James(etekebe,JINDA) is the alpha and Omega of liquor trading and for you to think like this,you must be an Aba dwelling miscreant cos that's how slow they always sound not knowing the bts that goes on in the business.
But i must admit,Ekulo(bishop) is a don sha.
No,buying truckload of drink is a small deal,go and buy na grin grin
And for the last time I neither do fakes nor parallel,clown.

1 Like

Re: Treasury Bills In Nigeria by Lazyyouth4u: 7:51am On Feb 24
When business men start out, they plough back most of their profit into their businesses but as soon as the businesses become well established, they start thinking about how to cash out for themselves and their families. That’s when they start listing their companies or selling shares in their businesses to investors. What do you think Tony, Jim, Dangote, Ote, etc do with their dividends and cash from listing and selling some or all of their businesses? They invest the money in the same real estate, stocks and bonds that professionals and ordinary people invest their money and salaries in for their families (and to build generational wealth as some ogas will say). Even small businessman still need to invest some of him small profit from him small business.

Most people don’t invest to earn a living but to preserve wealth made from where they earn a living. Nobody goes into business to suffer from stress until they die just because..At the end of the day, Businessman sef wan cash out at some point and when he cashes out, that money is kept away from the business (in investments).

By the way, Dangote did not use his own money to finance the entire refinery. It was mainly financed by a consortium of banks. BUA group will also source a huge chunk of the financing for its refinery from banks. Rabiu will not finance the entire project out of pocket. These big guys have perfected the use of OPM (other people’s money) to make tons of money for themselves.

7 Likes 1 Share

Re: Treasury Bills In Nigeria by hustla(m): 7:53am On Feb 24
ojesymsym:
Coronavirus actually favor banks in some ways since they were able to scale down on some running cost and optimizing their online and web access

Also used that excuse to downsize

grin

2 Likes

Re: Treasury Bills In Nigeria by hustla(m): 7:59am On Feb 24
Tobex4realTobex234:


What do you want to invest the dollars in?

If it's stocks, Bamboo, Trove, Chaka e.t.c will give you dollars, and you can pay them in Naira.

If it's crypto, it's very easy to exchange NGN for BUSD, USDT or USDC on Binance.

If it's Eurobonds, try Risevest or I-invest.

My recommendation for USD is if you're investing. If you just want to speculate, try aboki.


Bro, what's the actual difference between bt*c and USDT?

I see a lot of people saying man should buy usdt as against actual bt*c
Re: Treasury Bills In Nigeria by NL1960: 9:33am On Feb 24
ahiboilandgas:
life will be boring been in the fixed income space only their inner excitement,accomplishment that come with a successful enterprise or real world it beyond just earning interest it beyond that...bau just sign a 200m dollars refinery he could have just fixed in euro bond and retire on 8 m dollars yearly....

Does BAU have this $200m?. Is he not going to source it from banks?.

3 Likes 1 Share

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:48am On Feb 24
NL1960:


Does BAU have this $200m?. Is he not going to source it from banks?.
he sold bau flour for 300m usd to olam ....the contract have been signed with a French company ... Dangote industries limited is contribution 5 bn usd toward the refinery projects...
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:01am On Feb 24
Lenders would commit about $3.15 billion, with the World Bank's private sector arm providing $150 million, Dangote said, adding that he was investing more than 60 percent from his own cash flow.

Dangote Group has said that Standard Chartered Bank was arranging funds for the project.
Re: Treasury Bills In Nigeria by NL1960: 10:09am On Feb 24
ahiboilandgas:
he sold bau flour for 300m usd to olam ....the contract have been signed with a French company ... Dangote industries limited is contribution 5 bn usd toward the refinery projects...

When a business is now big, the owners use OPM and no longer their own money. So selling BAU flour for $300m to Olam does not mean that he pulled out $250m from it to float the refinery.

Btw, because of the 'small' salary wen dem dey pay me, my bank dey chase me to come collect loan and credit card. You think they will chase me if my salary is 'tasere' salary?.

2 Likes

Re: Treasury Bills In Nigeria by Biafran4life(m): 10:18am On Feb 24
SeaTrade:


You know nothing about the alcohol business and how it operates clearly,little wonder you think James(etekebe,JINDA) is the alpha and Omega of liquor trading and for you to think like this,you must be an Aba dwelling miscreant cos that's how slow they always sound not knowing the bts that goes on in the business.
But i must admit,Ekulo(bishop) is a don sha.
No,buying truckload of drink is a small deal,go and buy na grin grin
And for the last time I neither do fakes nor parallel,clown.
You are bloody apprentice.I am not into drinks but the youngest of my brother is into it in onitsha.And if you feel the people in aba are miscreants,you must be an outcast even though I am based in abj.Etekebe is nothing in that line you must be the biggest clown.From my understanding,he is the international distributor to Guinness in Aba akwaibom,cross river.And a major player in South East.And if you are in Lagos I can tell you the men there.The only person in Bishop league is the chairman from Benin.Why am i wasting my time with hungry ewu,You think truck load of red wine is big deal.Then you must be a beginner .I just chatted my younger brother about you and atruckload of red wine and he laughed his butt out.Pls he asked for your company name,he is in osha but lives in asaba

3 Likes

Re: Treasury Bills In Nigeria by Willie2015: 10:22am On Feb 24
SeaTrade:
Real money comes from the real world,all this fixed income nonsense won't take you anywhere.
I like you cos you are a realist and always say the truth.
The truth is most of all these people here dabbling into stock and fixed income ,a lot of them wont make 10m naira in their lifetime from these and they know it,despite the fact that they come here to form rubbish but I can see through the BS.
goodluck to you.

Stock is a different ball game..
There are lots of successful folks..
on the stock trading platform...
Even here on Nairaland...
Warren Buffet is a global example...
We should note that no asset class is without risk.....
Thats why you see Business Owners still invest in stocks..
As bizness also can fail..... Esp in a volatile Naija biz climate...

3 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 10:30am On Feb 24
NL1960:


When a business is now big, the owners use OPM and no longer their own money. So selling BAU flour for $300m to Olam does not mean that he pulled out $250m from it to float the refinery.

Btw, because of the 'small' salary wen dem dey pay me, my bank dey chase me to come collect loan and credit card. You think they will chase me if my salary is 'tasere' salary?.
I don't have energy to argue it doest add any kobo to my account...my only thing is the refinery should be operational so i can have product to sell .....how they arrange their finance no concern me ...or how much is in their accounts.. banks chasing you for consumer loan is not a big deal they even chase local govt workers to their graves with consumer loan ....the real G get business loans not consumer (whom how to consume) on credit is still the issue.......imagine a marketer that buy 1m litres of Ago weekly bank will not advance consumer loan to him to buy phone or car but business loan based on his cash flow...not salary ....10m naira consumer loan cannot couple a single truck self...

5 Likes

Re: Treasury Bills In Nigeria by ojesymsym: 10:30am On Feb 24
And also used the opportunity to close unproductive branches

hustla:


Also used that excuse to downsize

grin
Re: Treasury Bills In Nigeria by NL1960: 10:38am On Feb 24
ahiboilandgas:
I don't have energy to argue it doest add any kobo to my account...my only thing is the refinery should be operational so i can have product to sell .....how they arrange their finance no concern me ...or how much is in their accounts..

We are just discussing to enrich ourselves and others. So many people have ideas but finance is the issue. That is why you have to get to a certain level before you can now command finances. That is why the rich gets richer. If you have access to $300m, can you not float a refinery yourself as Dangote and BAU has done?.

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 10:46am On Feb 24
NL1960:


We are just discussing to enrich ourselves and others. So many people have ideas but finance is the issue. That is why you have to get to a certain level before you can now command finances. That is why the rich gets richer. If you have access to $300m, can you not float a refinery yourself as Dangote and BAU has done?.
this are generational wealth they are not normal hustling chap .....BAU Dad sheik isyaku rabiu was among the richest African of the 19th centuary industrialist...owing several textiles and about 1500 houses....the location for B.A.U flour mills in Apapa was own by his dad in the 1980 ..that gigantic house worth billions of Naira in V.i with Arabic inscription on it opp dangote home is own by the sheik....the sheik resident was built in 1984 at 30m naira and can accommodate 200 person....the sheik is the largest share holder of sokoto cement bought over by his son....The son Abdulsam rabiu at 34 bough over Nigeria oil mills from govt at 10m dollara...

3 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 10:49am On Feb 24
NL1960:


We are just discussing to enrich ourselves and others. So many people have ideas but finance is the issue. That is why you have to get to a certain level before you can now command finances. That is why the rich gets richer. If you have access to $300m, can you not float a refinery yourself as Dangote and BAU has done?.
open this link https://m.facebook.com/story.php?story_fbid=750538845562712&id=100018198114393&_rdr#this the first born of the house in the late 70 ....I Laugh any time i hear Nigerian talking of Private jets and Roll roll this chap have been balling ever since...

1 Like

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