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Treasury Bills In Nigeria - Investment (1964) - 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 Lazyyouth4u: 7:36pm On Jul 17, 2021
condomuser:


By 2023 properties will lose quite a lot of value, massive migration out of Nigeria is looming, economic hardship is worsening, currency devaluation is imminent.


The bolded makes no sense. In a country of over 200m people, how many can possibly emigrate from Nigeria that the emigration will affect property values? How many people can legally emigrate from Naija? Even through illegal means sef? You talk as if millions of people are emigrating everyday and driving property values down undecided

Nigerians have been emigrating since decades ago. But the number of people emigrating is nothing compared to those that remain.

If you must know, the fact that Naija is rough for some people doesn’t mean that people are not making money in this same Naija. Social media just makes it look like everyone dey suffer for Naija. But the truth is some people are doing well o. And money still dey circulate...

18 Likes

Re: Treasury Bills In Nigeria by Diyke4rich: 10:02pm On Jul 17, 2021
Nigeria is not upto 150m this 200m is a fraud

Lazyyouth4u:


The bolded makes no sense. In a country of over 200m people, how many can possibly emigrate from Nigeria that the emigration will affect property values? How many people can legally emigrate from Naija? Even through illegal means sef? You talk as if millions of people are emigrating everyday and driving property values down undecided

Nigerians have been emigrating since decades ago. But the number of people emigrating is nothing compared to those that remain.

If you must know, the fact that Naija is rough for some people doesn’t mean that people are not making money in this same Naija. Social media just makes it look like everyone dey suffer for Naija. But the truth is some people are doing well o. And money still dey circulate...

1 Like

Re: Treasury Bills In Nigeria by oluayebenz: 12:07am On Jul 18, 2021
Diyke4rich:

Nigeria is not upto 150m this 200m is a fraud


Lol.... who told you that Nigerians is not up to 200m?

The fact is Nigerian population is close to 300m
Re: Treasury Bills In Nigeria by oluayebenz: 12:08am On Jul 18, 2021
Lazyyouth4u:


The bolded makes no sense. In a country of over 200m people, how many can possibly emigrate from Nigeria that the emigration will affect property values? How many people can legally emigrate from Naija? Even through illegal means sef? You talk as if millions of people are emigrating everyday and driving property values down undecided

Nigerians have been emigrating since decades ago. But the number of people emigrating is nothing compared to those that remain.

If you must know, the fact that Naija is rough for some people doesn’t mean that people are not making money in this same Naija. Social media just makes it look like everyone dey suffer for Naija. But the truth is some people are doing well o. And money still dey circulate...

The plain truth

1 Like

Re: Treasury Bills In Nigeria by Nobody: 2:36am On Jul 18, 2021
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Re: Treasury Bills In Nigeria by Diyke4rich: 4:28am On Jul 18, 2021
Let be factual here apart from lagos state, which state in nigeria is over 10m population, Northern use the lies to manipulate electoral system for long, apart from lagos from West to East no state have over 8m. Average is 3m maximum 8m.

oluayebenz:


Lol.... who told you that Nigerians is not up to 200m?

The fact is Nigerian population is close to 300m

5 Likes

Re: Treasury Bills In Nigeria by infinitemiles: 7:13am On Jul 18, 2021
Pls update us on current treasury bills rate as of last auction

1 Like

Re: Treasury Bills In Nigeria by donshady(m): 10:14am On Jul 18, 2021
infinitemiles:
Pls update us on current treasury bills rate as of last auction

Check previous pages.
Re: Treasury Bills In Nigeria by damilola1978: 9:32pm On Jul 18, 2021
Nakedman:
Here you go. Nigerian Treasury Bills Primary Market Auction Results for today, 14-Jul-21. Stop rates for the 91-day & 182-day bills remain unchanged. However, the 364-day bill dipped by 48bps to 8.67%.
Re: Treasury Bills In Nigeria by damilola1978: 9:34pm On Jul 18, 2021
Nakedman:
Here you go. Nigerian Treasury Bills Primary Market Auction Results for today, 14-Jul-21. Stop rates for the 91-day & 182-day bills remain unchanged. However, the 364-day bill dipped by 48bps to 8.67%.



Re: Treasury Bills In Nigeria by einsteine(m): 4:33am On Jul 19, 2021
Diyke4rich:
Let be factual here apart from lagos state, which state in nigeria is over 10m population, Northern use the lies to manipulate electoral system for long, apart from lagos from West to East no state have over 8m. Average is 3m maximum 8m.


According to the CIA World Factbook

Total population of Nigeria: 219,463,862 (July 2021 est.)

14.862 million Lagos, 4.103 million Kano, 3.649 million Ibadan, 3.464 million ABUJA (capital), 3.171 million Port Harcourt, 1.782 million Benin City (2021)

The CIA uses satellite imagery and other methods to make fairly accurate estimates of population.

But I guess you know better than the CIA.
Re: Treasury Bills In Nigeria by Ohyinyeah: 6:11am On Jul 19, 2021
emmanuelewumi:



They can work something out for you
How much can they work out & which bank?
Re: Treasury Bills In Nigeria by Cyberknight: 6:23am On Jul 19, 2021
einsteine:


According to the CIA World Factbook

Total population of Nigeria: 219,463,862 (July 2021 est.)

14.862 million Lagos, 4.103 million Kano, 3.649 million Ibadan, 3.464 million ABUJA (capital), 3.171 million Port Harcourt, 1.782 million Benin City (2021)

The CIA uses satellite imagery and other methods to make fairly accurate estimates of population.

But I guess you know better than the CIA.

The CIA also said Iraq had WMD.
As we all know, the same CIA never found any after the Iraq war.

6 Likes 2 Shares

Re: Treasury Bills In Nigeria by einsteine(m): 6:32am On Jul 19, 2021
Cyberknight:


The CIA also said Iraq had WMD.
As we all know, the same CIA never found any after the Iraq war.

That was politics. They had reasons to lie. This is different.

2 Likes

Re: Treasury Bills In Nigeria by chigo4u: 7:39am On Jul 19, 2021
einsteine:


According to the CIA World Factbook

Total population of Nigeria: 219,463,862 (July 2021 est.)

14.862 million Lagos, 4.103 million Kano, 3.649 million Ibadan, 3.464 million ABUJA (capital), 3.171 million Port Harcourt, 1.782 million Benin City (2021)

The CIA uses satellite imagery and other methods to make fairly accurate estimates of population.

But I guess you know better than the CIA.
If Lagos has a population of 14m then I don’t think Nigeria population is up to 200m. We have 36 states and FCT averaging 4m
Re: Treasury Bills In Nigeria by QuinModah(f): 10:07am On Jul 19, 2021
donaldking10:


scammer.
This would be the last warning I will give to you. You may end up like Twitter pamilerin, be guided Donald
Re: Treasury Bills In Nigeria by einsteine(m): 12:29pm On Jul 19, 2021
chigo4u:

If Lagos has a population of 14m then I don’t think Nigeria population is up to 200m. We have 36 states and FCT averaging 4m

Why are you averaging 4m? Those figures are for the cities not the state. Average per state is more like 5 million plus when you add up other cities in the state.
Re: Treasury Bills In Nigeria by Grupo(m): 1:15pm On Jul 19, 2021
einsteine:


Why are you averaging 4m? Those figures are for the cities not the state. Average per state is more like 5 million plus when you add up other cities in the state.

In most states, once you leave the capital, population reduces massively.

There's no way in Nigeria we have a population of 200m. Even 150m is a huge stretch.

Our population should be realistically around 120m.

5 Likes

Re: Treasury Bills In Nigeria by Cyberknight: 5:25pm On Jul 19, 2021
einsteine:


That was politics. They had reasons to lie. This is different.

Why do you feel they have all the reasons to tell the truth in this case?
They could just be putting their best guess out there.
Re: Treasury Bills In Nigeria by lovewins: 6:57pm On Jul 19, 2021
Tobex4realTobex234:


I'm happy you want to convert God forsaken Nigerian naira to USD. A very smart thing to do.

But bear in mind that to be truly free, you need to invest your USD in instruments that are beyond the reach of the FGN. There is an easy way out of this but I'm not ready to receive banters here for giving a free advice.

So the other way is to open off shore accounts. Try Kenya or Ghana. For Kenya I suggest Standard Chartered.

It may appear daunting but please do it now. Save yourself from the shackles of the Nigerian government incessant devaluation. Even Dangote wants to keep 60% in USD despite all his naira investments.

Hello bro

I tried sending a mail but nairaland isn't allowing me to. I was researching opening offshore accounts, particularly standard Chartered account cause of their wide spread, and I bumped into this. Would you mind sharing how to get this done? Is there a way to reach you directly. Will appreciate your feedback.
Re: Treasury Bills In Nigeria by Cyberknight: 7:03pm On Jul 19, 2021
lovewins:


Hello bro

I tried sending a mail but nairaland isn't allowing me to. I was researching opening offshore accounts, particularly standard Chartered account cause of their wide spread, and I bumped into this. Would you mind sharing how to get this done? Is there a way to reach you directly. Will appreciate your feedback.

You cant open an account with a Kenyan bank when you're not a resident/citizen.
The same way a Kenyan cannot open an account with a Nigerian bank.

2 Likes

Re: Treasury Bills In Nigeria by Zobah: 10:17pm On Jul 19, 2021
Cyberknight:


You cant open an account with a Kenyan bank when you're not a resident/citizen.
The same way a Kenyan cannot open an account with a Nigerian bank.
Says who?! My ex a Kenyan opened an account with zenith Bank with voters card in Nigeria. Anything is possible in Nigeria.

1 Like

Re: Treasury Bills In Nigeria by Lazyyouth4u: 10:58pm On Jul 19, 2021
Zobah:
Good evening all!

I am writing this with heavy hearts and tears in my eyes I will be 28 years old this year ending.

it's been a long time coming from 8 years of SERIOUS hustling (carrying blocks at building site). But by God's grace I have been able to save =N=2m without stealing or killing to make money.

I need advice on what type of INVESTMENT I should invest the money into.

NB: The underlisted are out of my scope
a. CryptoCurrency
b. Gambling/Betting of all sort
c. Network Marketing/ Referral business program
d. Agritech & affiliatiate marketing

Thank you for you anticipated responses.

Was this a true story? Or you were just ‘boboing’ us? undecided

2 Likes

Re: Treasury Bills In Nigeria by donaldking10(m): 1:31am On Jul 20, 2021
QuinModah:
This would be the last warning I will give to you. You may end up like Twitter pamilerin, be guided Donald

scammer.
show your real identity you foolish boy.

2 Likes

Re: Treasury Bills In Nigeria by Cyberknight: 5:33am On Jul 20, 2021
Zobah:
Says who?! My ex a Kenyan opened an account with zenith Bank with voters card in Nigeria. Anything is possible in Nigeria.

Lol.
That we all know - corruption and laxity has eaten Nigeria up, obviously your ex, as a non-Nigerian, is not supposed to have a voter's card.
I meant officially - you are supposed to be a legal resident of the country before you can access the banking system, and your ex should have been asked for a resident permit/BVN.
In Kenya you will need a KRA pin (Tax ID) in addition to formal residence, and while you could go there and get one if you put your mind to it, that will also expose you to paying tax in Kenya, and they don't play with that, so the spiral would continue.

5 Likes

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:55am On Jul 20, 2021
Summary of yesterday's Primary Market Auction of FGN bond

Re: Treasury Bills In Nigeria by freeman67: 6:30am On Jul 20, 2021
Zobah:
Says who?! My ex a Kenyan opened an account with zenith Bank with voters card in Nigeria. Anything is possible in Nigeria.



Your ex a Kenyan resident in kenya opened a Zenith Bank of Nigeria account with Kenyan voters card or Nigerian voters card without resident permit or falsification of documents?

3 Likes

Re: Treasury Bills In Nigeria by Nezzjnr: 7:23am On Jul 20, 2021
Cyberknight:


Lol.
That we all know - corruption and laxity has eaten Nigeria up, obviously your ex, as a non-Nigerian, is not supposed to have a voter's card.
I meant officially - you are supposed to be a legal resident of the country before you can access the banking system, and your ex should have been asked for a resident permit/BVN.
In Kenya you will need a KRA pin (Tax ID) in addition to formal residence, and while you could go there and get one if you put your mind to it, that will also expose you to paying tax in Kenya, and they don't play with that, so the spiral would continue.
You are stressing yourself too much

Look up.... Lazyyouth4u just quoted the Guy's comment of few months back

1 Like

Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 7:37am On Jul 20, 2021
Cyberknight:


You cant open an account with a Kenyan bank when you're not a resident/citizen.
The same way a Kenyan cannot open an account with a Nigerian bank.

This is true to a large extent, but there are workarounds. To have a proper Kenyan bank account, the 2 ways I know you can do this:
- get a job in Kenya
- start a business in Kenya

I opened mine with my Nigerian passport but it was processed by the Kenyan company I was working for. The business route is now more cumbersome as you now need some Kenyans as key shareholders.

That said, if you travel to Kenya, you can easily get a Safaricom sim that allows you enrol for MPESA. That in itself is a very good first step. You can now install Chipper or Eversend.

Come to think of it, this looks like a good startup opportunity because if Nigeria goes the Sudan way, even emmanuelewumi go they find offshore account grin
Re: Treasury Bills In Nigeria by Cyberknight: 8:44am On Jul 20, 2021
Nezzjnr:

You are stressing yourself too much

Look up.... Lazyyouth4u just quoted the Guy's comment of few months back

I know I'm repeating myself- its simply because I have a dog in the fight smiley. Once Nigerians start speaking of "ways" and workarounds, we know where it gets to and that makes things difficult for the rest.
I've a long association with Kenya, and I've seen the situation of Nigerians there worsen and I don't want Kenya to turn into Ghana for Nigerians, a place where we are now hated instead of being celebrated as we once were because they easily blame us for frauds and all sorts.

3 Likes

Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 10:03am On Jul 20, 2021
This guy you they talk as if e they illegal to open off shore account. I'm sure if people do their researches properly, there would be ways to open non-resident account.

That you don't know how something works doesn't mean it must be shady. Why am I even expecting more from people that think crypto is strictly fraud.

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