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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4437644 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 Nezzjnr: 12:36pm On Jun 16, 2021 |
jedisco:Exactly choices differ. My aim is just to have a comfortable life... If I have anything doing in the Village... I know where to stay. If anyone thinks that a man isn't successful because he hasn't erected a Mansion in the Village... That's the person biz 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by NL1960: 12:40pm On Jun 16, 2021 |
Nezzjnr: Zobah: No be pikin dey do am, He has said he does not see anything that will carry him to the village. If somebody was born in the city and has never been taken or been to the village, he has no affinity to the village. So what will be the person be going there to do?. It is better for the person to remain in the city. It is like a child born in the US or UK or Canada who has never be brought to Nigeria or visited being told to come and build a house in a city in Nigeria. He will also tell you that it is a waste. 16 Likes 1 Share |
Re: Treasury Bills In Nigeria by X21: 12:57pm On Jun 16, 2021 |
People when is last year sukuk bond interest due. i guess today? last interest was December 16, 2020 |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:11pm On Jun 16, 2021 |
Zobah: Does not matter. To some people, home is where their loaves of bread are buttered 4 Likes |
Re: Treasury Bills In Nigeria by X21: 1:16pm On Jun 16, 2021 |
Nezzjnr: Good but please respect the other person decision and choice on where to build his home. you must not understand e very thing other people do 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:25pm On Jun 16, 2021 |
Do you know that the corporate headquarters of Dangote Group is a rented building. I don't understand the man at all 3 Likes |
Re: Treasury Bills In Nigeria by afroxyz: 1:31pm On Jun 16, 2021 |
No matter where you go, remember the road that leads you home 3 Likes |
Re: Treasury Bills In Nigeria by freeman67: 1:33pm On Jun 16, 2021 |
X21: Yes, today is the due date. It is every 16 June & 16 December till the maturity. I have been expecting ooo.. Even though I have not seen anyone that has gotten today. Its not Public Holiday... |
Re: Treasury Bills In Nigeria by afroxyz: 1:34pm On Jun 16, 2021 |
emmanuelewumi: Maybe he wants the biz to fund the building of a corporate headquarters from its proceeds. Also he has other caputal intensive projects that wpuld bring in money in the long term. So it makes sense concentrating on those rather than building a corporate headquaters that would not necessarily contribute to cash flow. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:44pm On Jun 16, 2021 |
afroxyz: I read his interview published about 21 years ago, when he spoke about his landlord at Victoria Island in the mid 80s I think he is weird sha, are you saying having a property for his head office will be more expensive than his private jet or hatch? 3 Likes
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Re: Treasury Bills In Nigeria by afroxyz: 1:55pm On Jun 16, 2021 |
emmanuelewumi: The private jet would buy him time to conduct deals. Time saved is money saved. The cost of a headoffice can be transferred to renting a property in the short term while he concentrates on projects that can bring him income. Let's assume what it would take for him to build and maintain a corporate headquarters would rent him an office for 10 years. That inflow can build him 2 corporate headquarters in 10 years time 3 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:56pm On Jun 16, 2021 |
afroxyz: 10 years keh. With dividend of over N200 billion from Dangote Cement in May 2021 |
Re: Treasury Bills In Nigeria by GIANTPLUSHUB: 2:04pm On Jun 16, 2021 |
emmanuelewumi: I listened to coscharis CEO interview and One thing I pinpoint there is that, as a business owner, be ready to be misunderstood. You will be surprised that if you should sit dangote down and ask him of the reason for such action, you won't hesitate to buy his idea of such step. Mheen! This business things get level and na the business owner really know the reason for such step which is certainly a good step or idea for them if we get to know. May God bless our endeavors. 1 Like |
Re: Treasury Bills In Nigeria by afroxyz: 2:18pm On Jun 16, 2021 |
emmanuelewumi: The man wants to put his money to work. He would get greater returns from his industries than the appreciation of a corporate building. I heard he got portkabins as office for one his bisinesses while operation was going on. Why put operations on hold to build new office complex? I feel he is buying time by focusing on projects with higher returns 1 Like |
Re: Treasury Bills In Nigeria by afroxyz: 2:21pm On Jun 16, 2021 |
The man sabi Nigerian banks and Nigerians wella. See the section in the interview where banks would appropriate your feasibility study and send to someone else. Or a factory manager setting up his own factory while working for you and running your biz down. 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 3:24pm On Jun 16, 2021 |
X21: Gbam. That is why i do not normally join in discussions of a house being built in the village as waste. People that build a house in the village have their reasons. 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 3:57pm On Jun 16, 2021 |
emmanuelewumi: Don’t be surprised that he (or one of his companies) is the landlord/owner of that building (and other group buildings) and collecting rent from the Dangote Group. Many business men do this. 5 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 3:59pm On Jun 16, 2021 |
That's right, most real estate developers in Nigeria live on a rented apartment..that's weird in a layman's views but there's a reason for that. GIANTPLUSHUB: |
Re: Treasury Bills In Nigeria by Nobody: 4:06pm On Jun 16, 2021 |
emmanuelewumi: It’s possible he was renting in the early to mid 80s in VI. He wasn’t that wealthy at that time. Most of these business men use one of their companies to own their assets and then lease them out to their other companies. I’m sure even the PJ won’t be in his name. Probably registered to one of his companies in the Cayman Islands and then leased to the Dangote Group. 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:12pm On Jun 16, 2021 |
stevemims: 1958 was 63 years ago and $30k was a whole lot of money at that time. I bet you that house is now worth several millions of dollars. Plus he has done several renovations and modernizations on that house over the years. That house today is not the same house he bought 63 years ago o. 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:15pm On Jun 16, 2021 |
Lazyyouth4u: He was making 50k per truck which could buy a house |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:18pm On Jun 16, 2021 |
emmanuelewumi: That is what an average Nigerian will do |
Re: Treasury Bills In Nigeria by Nobody: 4:19pm On Jun 16, 2021 |
emmanuelewumi: Not in VI... He started out in 1977 with 500k ‘seed money’ from his uncle. I doubt that he could afford to buy a house in VI in 1980. He even try to dey rent house of 75k 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:21pm On Jun 16, 2021 |
Zobah:The east is not like the north whr the nearest town will be far from you.The town is close so the Corp members will always settle for it. When it cost you just 50 naira bike to move to place with better facilities like network,shops and joints.So they look for accommodations around thr.While in the north you may travel for an hour to nearest town with no steady transport.My days of nysc we lived free in a house like that in osun state because the owner lived in ibadan.They just needed people to live in part of the house to keep the compound clean |
Re: Treasury Bills In Nigeria by stevemims(m): 5:19pm On Jun 16, 2021 |
Absolutely! Lazyyouth4u: |
Re: Treasury Bills In Nigeria by ojesymsym: 5:30pm On Jun 16, 2021 |
You know the other day, I was just asking myself if I shouldn't start charging myself each time I drive my car out. At least na so baba de charge himself for his private jet. Like private jet like private car. Imagine charging per house each time the car is used. lol.... I non fit lafff emmanuelewumi: |
Re: Treasury Bills In Nigeria by afroxyz: 5:31pm On Jun 16, 2021 |
Lazyyouth4u:This guy eh. This is on point |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:38pm On Jun 16, 2021 |
Lazyyouth4u: I don't want to believe that was his rent for a year, maybe for 5 years. 75k is equivalent to another $75k in 1980. The money will buy almost 3 duplexes at Gbagada Estate in 1981. In 1985, it will buy 3 brand new Peugeot 505 evolution saloon cars and you will have a balance of about 10k |
Re: Treasury Bills In Nigeria by bepositive11: 5:39pm On Jun 16, 2021 |
XiaoLi: I haven't heard that before. That's really weird. I really wonder what their reasoning is behind that decision. |
Re: Treasury Bills In Nigeria by jedisco(m): 6:41pm On Jun 16, 2021 |
Nezzjnr: I agree... Same also, those who build in the village are not financially ignorant or unexposed..... It's all about choice, perception and what people consider important 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:06pm On Jun 16, 2021 |
bepositive11: I have a friend an Estate surveyor who has a house at Dolphin Estate Ikoyi but he is a tenant at Ikeja. His office is at Ikeja sha 3 Likes |
Re: Treasury Bills In Nigeria by TotoNaRubber: 7:32pm On Jun 16, 2021 |
Sukuk alert never enter o The thing don suppose ring gbagam for account. Make somebori call Buhari ask hwfar. Anyway maybe dem dey wait midnight. I remember someone said he was double paid here during the last SUKUK coupon payment, can you indicate if you receive double payment again or no payment? |
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