AngelicBeing:
l am working on developing a small piece of land as (vacation home) l bought at kayonze via a friend whose family owns several real Estate properties in the country, that will be during my next visit

Wow, that is great! I wanted to buy a piece of land in Bugesera but I did not follow it up till I finished my assignment there. I will still buy land in that country.

AngelicBeing:
True that, street fighting in Rwanda attracts 6 months jail terms, you will never find anyone fighting on the street, secondly, apart from the regular police you find in almost every Junction in Rwanda, they have plain clothes security personnel, military, local security personnel scattered throughout the country, you also find the military at different Junction and police as well in the night.

Rwanda is the safest country in Africa, all through the period of my visit, I didn’t hear of robbers, kidnapping, cultism, ritualism, stealing or street urchins, President Kagame is doing a good job in Rwanda

You are very correct.
Didn't you notice that their banks don't have security doors?

lolaluv1:
Please I was charged over 20k for this tb by GTB. Is that what happens in all banks?

You must have invested over 20m.

GonFreecss1:


If what you think will happen, happens... even money in your bank account will be gone.

Your physical naira note will be useless. Anything that will make Nigerian Treasury bills to fail, anything naira both in bank account and physical note will too. It's that simple.

Same answer I gave a friend a month ago.

Grupo:


Hmmm, your post is very inspirational. I hope to reach your level soon.

I'd love to ask a few "personal" questions. Hope you would not mind answering.

Do you have a conventional 9 to 5 job or you run your own business? I think it's easier to grow your funds in TB with a salaried job.

Well, I will be 28 by June this year and I only have around 4m in treasury bills. You have just inspired me to work harder.

I deprive myself of so many things to save more than 70% of my income each month. No girlfriend, no car and no expensive phones.

Instead of a flat, I manage a small self con in a very quiet town with virtually no social life.

You guys have proven some of us here wrong that most of the younger ones are not serious. If you guys can continue like this, I can tell you that you will be better than most of your mates in the next few years.
Do you know that my driver's phone is even more expensive than mine? He once asked me, why am I living like a poor man? I just hand waved him and told him not to worry. I work 9 - 5, and I still manage to finish my PhD two years ago and my employer is not aware till now.
Aside shoes, I don't use expensive things.

I am always delighted reading inspirational messages form the younger ones.
Guys, keep it up. Hope to meet any of you someday.

ahiboilandgas:
I started with around 800 k ,in 2007 now exceeds 50 m..am around mid 30 infact by 2023 my holding with pass 100 m ....and my life long ambition to earn 1 million per month from treasury bill is near..i don't know of am rich or poor but the feeling is nice..
..i don't have an iPhone x this my phone is 40 k ,I used a Honda 2007 (1.4m) and still buy tokunbo shirts (1500 ) jeans 3 k and shoe 5k to 7k ...,I book flight online to get discount and also luv discount shops ...i luv good food so I have a chef that make my meals at time and visit club like quilox or sip atime to spend 5 k...i also give put to charity like 100 k annually ...it a long route to legitimate wealth ....but not easy but very possible ....i don't think am hard working....it a combination of luck ,perseverance, and spirit of keep pushing it will click by God grace ...in 2007 was earning 70 k as a graduate and had a car from my university so I sold the car add my salary saving keep in fix deposit planing to save for my Msc in the UK,I didn't get the visa then I used 200 k to so a MBA in nigeria then the prof taught me treasury bills bond and stock then I became addicted my babe even ran cos I keep prosp the wedding.....so starter don't feel discourage in 5 years time your capital will double and might triple if u keep adding ...am sit.planing to go to Canada via express entry to continue hustling and study for phd...nb typo errors

Despite the fact that I am older, but allow me to call you the BOSS. I am so so impressed, man! I wish many people can learn from you.

AngelicBeing:
Yes, Kayonza was my last place that I visited before I left but President Kagame is doing a good job in the country

He is the kind of President we need here, unfortunately, tribalism and religion will not allow us to be where we should be.

AngelicBeing:
Solar power is been installed in the rural areas that I visited, but generally, they are trying

They have solar in some places.
Have you been to Bugesera, munzanse, Kamonyi, Kayonza, Nyanza, Rwamagana etc.

AngelicBeing:
Lol, I have been to few East African countries for vacation (Rwanda inclusive) and amongst all of them, l give it to Rwanda, they have been able to put the Genocide behind and the country is making satisfactory progress, Rwanda has 24/7 Power, security is topnotch, corruption is almost non-existent, Rwanda police force is ranked the best in Africa by (WEF) world economics forum.

Rwanda is also a very clean country, you can register a business and get your business registration certificate within 24hours, kidnapping, cultism, ritualism, robbery is almost non-existent, you are safer in Rwanda than lagos, although, the population is about 12million but the President of Rwanda is building institutions across the country and it is just a question of time before Rwanda becomes the coveted bride in Africa

24 hours electricity in Kigali being the capital city. The rural areas suffer regular electricity, but still better than here.
Rwanda is already a model for other African countries.

Oh my Africa!

meetchandus:


Seems Zenith has one of the lowest rates.

Correct.

Firefire:
Misplaced priority.

I don't think so. If you see the number of people that go in and out of Yenagoa daily, you will know that they need one. PHC airport is too far from yenagoa coupled with the dangerous terrain.

Gavrelino123:

Finally,the debit notice is here...14.85%...... GTBank 364 days...!!
Chaiiiiiiiiiiiiii GTBANK almost gave me high BP.

Yes o!

ahiboilandgas:
gtb notting ....any body 364 ..

Nothing o. You warned me two weeks ago not to try GTB, now I am restless.

deepwater:
Finally 364 days with stanbic went through

I would have stopped the general elections

But with this now, make una go vote.

I am cuming

Hahahaha....thanks for allowing the election to go on as planned. We need to decide our future now.

Gavrelino123:

Not yet oooo...I'm anxiously waiting too.
kindly update us here once you get a debit notice for GTBANK 364-DAYS tenure..

All right.

lekzy1886:
No update yet

Thanks

Ibrahim505:


I've never been to Lagos but i made a good research concerning the parthian partners team and i found them trustworthy: I study their respective profiles. Even after registration i made more than 30 transactions and they are always consistent. I preliquidates most of my investments and the cashout was always prompt. The upfront interest holding is enough to give them profit on your investment even if they bought from secondary market and sold to you.

I just googled a recent media report concerning development with the app business activities.
https://ynaija.com/nigerian-fintech-startup-i-invest-generates-approximately-2-billion-naira-in-6-months/

You guys really get heart o. I can't invest 8 digits via any App. Even I can't try 7 digits with the App. Are you guys really investing millions via this App?

Any update from GTB?

NL1960:


The actual formula is:

I = PRT/(100 * Days in year(365 or 366)) = PRT/36500 or PRT/36600

Thanks, sir.

DrTee1:


Thank you Agba.

You are truly agba[i] jare[/i]

So kindly explain the 91 days thing to me. My thought was that it paid a lower interest rate because the TBill investment was locked down for only 91 days...

S I reasoned it out in a Compound interest thing with the impression that once that matured and was returned/released, it could be put in all over again..

Apply this formula:


I = PRT/100

Where;
I = Interest (Upfront interest)
P = Principal (The amount you are investing)
R = Discount Rate (%)
T = Time (Tenor)

DrTee1:


Dear Agbaletu,

I'm quite naive with this, but kindly clarify my thoughts.

I'm wondering, why put your money away for 1 year (364 days ) for 14.5% interest when you can put the same amount in the same investment (Treasury Bills( for 91 days with 10% interest that can be immediately re-ploughed in for another 10% (interest + capital) this giving a larger compound overall interest when that is done four times (91 * 4) rather than simply 364?

It does not work like that my brother. If it were to be so, I won't be locking over 20m for 364 days. The 10% is for one year and not just for 91 days.

Got 14.25% from Zenith Bank as usual for 364 days tenor.

Samunto:


Its like GTB 364 days wasn't successful in the bid

Been expecting debit notification since morning but no response yet

Not today...wait till tomorrow noon.

feelamong:
TREASURY BILLS AUCTION 13/02/2019

91 DAYS --- 10.97%

182 DAYS ----13.40%

364 DAYS -----14.95%

Thanks! It's like the rates are falling again. 364 days tenor was 15% in the last auction.

naijaobi:


Funny thing is 50% of those who will get the materials will not read it. 95% won't apply what they'll read. 100% don't even need it. Stock is not something you just read about on paper..

You are very right. I will ask for it and read over the weekend.

Grupo:
Instead of littering the thread with email addresses,

I suggest Mr. Aremso should upload the materials to dropbox, Google Drive or any of the other cloudsharing platforms and share the download link here so that anybody who is interested can get them.

Just a suggestion though.

Aremso provided his email. I don't know why they can't contact him via his email instead of littering this thread to the extent that we have all forgotten about today's bid.

What is the meaning of this rubbish. They are demanding...not begging, please!
I don't know the hopeless reporter that pen this nonsense down.

Mushroom groups. Una eyes go clear by Sunday noon.

It is very hard for me to believe this picture.

Redoil:
Which buhari minister do yo think will win any award

If you put all Buhari's ministers together, they can not measure up to Akinwunmi Adeshina.

Abija, I am not sure you are up to 70 years, thus, you are not too old to achieve what will make you a fulfilled person. If going back to school will make you an accomplished person and finance is your problem, many Nigerians are ready to support you. I will also be one of your financiers. Baba Abija, It is not too late!