Investment › Re: Treasury Bills In Nigeria by NL1960: 8:53am On Nov 13, 2020 |
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Investment › Re: Treasury Bills In Nigeria by NL1960: 4:21pm On Nov 12, 2020 |
awesomeJ: Certainly.
December savings bonds will probably start seeing 0. xx% in coupon offerings.
Folks are just chasing dividends.
NSE gained about N1trn in market cap today, yet there are still a lot if stocks with over 7% div yield.
When you contrast that with 0.3% T-bills over thesame one-year period it starts looking like gold in comparison with mild steel. I hope this will not cause dead stocks and stocks without fundamentals to start rising and then create another market bubble like what happened in 2008?. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 4:00pm On Nov 12, 2020 |
ojesymsym: Na today u know say Nigerians do not take responsibility for their actions. Blame Blame na em we sabi. Now na marital problems he wan blame on top person money.
The moment I woke up this morning to read that the email was not sent, I knew the emotional aspect of her had taken over. I wonder how many other victims are affected? and to think it is first bank. Like someone already said up there, banking in Nigeria is now so easy with various apps, online, code etc, she really has to pray that the bank do not deny her because she practically made her account a shared commodity herself, the luck she has is that the person works in the bank otherwise the bank can deny her. First excuse na marital problems. Second excuse na 'iam in the hospital'. Maybe third excuse go be '#EndSARS hoodlums attacked and burnt where i live and iam presently looking for another accommodation'.  |
Investment › Re: Treasury Bills In Nigeria by NL1960: 3:10pm On Nov 12, 2020 |
Macktaob: It's called "humanity" and "giving chances".
She still plans to go ahead with her threat in case she's to be taken for a fool, it's normal she trying to have it all cleared without any long term damage as much possible as she could try until she's left with no choice(tomorrow ultimatum), clearing her conscience that she tried.
I'm no religion affiliated, agnostic. Thank you What if @tracyorez did not have access to Nairaland or to this thread to seek for direction and advise?. Iam sure that account officer must have done this same thing to others. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 3:05pm On Nov 12, 2020 |
XiaoLi: I think we are too religious in Nigeria and this has affected us so much both physically and mentally, someone is messing with your hard earned money and you are concerned that you dont want anything that will get him sacked, I guess this thinking is caused by religion beliefs. Too much 'i beg, na the devil push me do am' in this country whereas the person actually knows what he/she is doing at the point of doing it. When they are doing it, they will claim being smart. People have to know that there are consequences for any action. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 11:30am On Nov 12, 2020 |
ojesymsym: LOL... u don come again. Anyway, non be every story be fake. There are far more people who are lax with their accounts than you can imagine. Most people are afraid to be the reason why someone not serious with their job eventually lost the job and so will hesitate to send emails like she is doing right now. My own experience some years ago made me not to border going to the bank for situations like this, just send email, the email de go head office so na the branch manager himself go call you with abeg ma. Quite true. Some parents in my son's school got cozy with some teachers and staff in accounts department that they will transfer school fees to those staff or teachers to pay school fees for their wards instead of transferring to the school's account. Some of the teachers and staff used the money to sort out their problems without using it for the school fees. By the time they discovered, some of the teachers and staff have left the employment of the school. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 11:26am On Nov 12, 2020 |
tracyorez: Really  Wow My dear you really have a long way to go. Pls what do you need to prove to you that I am serious. Anything? Or do you want to see my tbills cert.? My dear I am more nervous than you think just taking it easy cos I know I must get to the root of the matter cos I walked into first bank and did a transaction so there are records. When all these are finally resolved and over, demand for a change of account officer and never again personalized banking transactions. Banking transactions should strictly be business. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 8:57am On Nov 10, 2020 |
Cyberknight: I fully agree that the best form of government is an enlightened benevolent dictatorship, Singapore-style. But the odds of that successfully happening in most countries are very low. Chavez in Venezuela had the right mindset, but was economically illiterate, Castro in Cuba had the power and the will to get things done, but only achieved success in the social sphere and none in the economic, and so on.
In the absence of a tried and proven template for selecting enlightened benevolent dictators, we default to democracy.
And for clarity, what we have in Nigeria is not democracy, we don't elect our "leaders". Does that mean what we have is 'Selectocracy'?.  |
Properties › Re: Construction Of Mini Bakery/ Office Space By Rotech77 by NL1960: 4:59pm On Nov 09, 2020 |
following |
Investment › Re: Treasury Bills In Nigeria by NL1960: 9:13am On Nov 03, 2020 |
Lazyyouth4u: At that time, CBN’s monetary policy was to fight inflation and attract foreign investors (who were flooding in with their USD) using high interest rates. High interest rates were also used to borrow more from the domestic market to fund deficits.
Today, CBN’s monetary policy is to stimulate the economy via boosting domestic credit with lower rates. Also, since the directive prohibiting non-banks and non-FPIs from investing in OMO, there has been more than enough liquidity in the domestic market for Tbills. So government can afford to borrow from the domestic market to fund its deficit at low rates. With the government having smelt this blood, i doubt they will want to reverse this low rates. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 9:11am On Nov 03, 2020 |
9jatriot: Na wa o, so na u be this wen come de talk sense like this? abi de hack your account? Why you come first use insults announce your presence for here if you know say better juice actually de inside ur head as brain.
I non fit believe say day go come wen I go de node my head in agreement with wertin u de talk.
Show me the pastor wen remove that cussing demon from ur moniker, I get other monikers to submit for prayers. I dey really gbadun this new @Lazyyouth4u. Brilliant and indept analysis from him. I hope he does not change to the old @Lazyyouth4u o. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 4:52pm On Nov 01, 2020 |
maishai: If All the Owo Foundation, Owo roofing collected yearly is truely accounted for and enters into Government coffers, why should the central government be crying about poor tax You are even going too far with these. MC Olomo collects a lot of money from NURTW which is not remitted to government coffers. He uses the money to keep his wives in US and educates his kids in US schools. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 8:05am On Oct 31, 2020 |
Reine22: Not necessarily true. Loyola Jesuit College, like several others, is a catholic school and you can find all faiths attending. Quality is quality Not only Loyola Jesuit but all the catholic schools except the minor seminaries. In the catholic boarding schools, during Ramadan, those that want to fast are allowed and special food is prepared for them in the morning and breaking of fast accordingly. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 12:47pm On Oct 30, 2020 |
Lazyyouth4u: A hungry man with no job and no hope in Nigeria will thank God for the lowest paying job he will find in a decent developed country provided he’s there legally (even people wey no get paper are still living better lives than the hopeless and hungry unemployed people in Naija).
What doesn’t make sense is to leave a decent well paying job/business and middle class lifestyle in Naija to go and start afresh abroad. It works for some but many regret the decision.
Also, age and marital status play a huge role in these decisions. A single young man can rough it out for a few years before finding his feet. Family man will have a nagging wife and crying hungry children to feed, clothe and house and cannot afford to put his family through the suffer wey fit happen. Gbam. Well said. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 9:38am On Oct 30, 2020 |
Diyke4rich: Good morning everyone in the house and happy weekend, i have been thinking, making research but i am not coming up with any Answer, i am base outside nigeria but i am tired of living outside nigeria, i have been thinking to come back home and invest been that i am the first son of my family, for example have access that can give me me about 4million annually but i really when to go into business, the capital I have is about 5m to 6m since treasury bill is not attractive, what line of business do you think the capital will enough and also a lucrative business. I will advise that you do not immediately relocate back in full yet. You can come in, spend some months and use that period to move around and do research. During this period, you can use it to network with your friends espercially those in business and see the various challenges and how they have conquered such challenges. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 8:34am On Oct 23, 2020 |
ahiboilandgas: ok nice ....i used to train in the football field around 1996 ..... Wa o. I used to go to that football field once in a while in the evenings of weekends to watch football matches. I was retained in where i served but i declined and came back to Lagos. Was scared of religious riots as where i was staying was close to Badawa and i did not understand the language. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 9:44pm On Oct 22, 2020 |
ahiboilandgas: ok....nice am happy to meet u .........do u any ibo guys staying opp the yakasai white house? . Do not know. Was not staying opposite. I used the axis as a short cut. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 9:36pm On Oct 22, 2020 |
ahiboilandgas: chia where in yakaba ? ......hunger don reset their brains small.......after massive exodus of investors ......the town is now very upgraded and can rival any city in Nigeria but the soul was lost to religious fanatics in the 1990 those tag have refuse to be erased... .cannot remember much but it was on the boundary between Yankaba and Badawa. The major landmark then that i know is that i normally pass a road or street that Tanko Tankasai had his house. It was an all white painted building. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 8:39pm On Oct 22, 2020 |
AngelicBeing: Chai, you brought kano memory to me, l used "Wappa exchange" to change my dollars those days in kano, I have an Alhaji at Beirut Rd kano, he has his boys at Wappa and they bring dollars for me at his office in Beirut Rd.
I witnessed almost all the good, bad and ugly side of kano state , my last place l lived was Maiduguri Rd opposite Alhaji Rimis house before I left kano to the south and from there left for further studies abroad, Kano use to be a very good place to live then  I enjoyed my one year NYSC in Kano. Stayed at Yankaba and served with a firm on Bank road. Nice city before the various riots spoilt it. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 8:34pm On Oct 22, 2020 |
pluto09: We have not learnt anything. Majority of those protesting today will still not come out to vote. Our next president will still be elected by mostly illiterate who will collect 2k to vote for either PDP or APC. . And when asked why they did not vote, they will say their votes will not count not knowing that by not voting, their PVCs can be cloned and used to rig the election. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 6:39pm On Oct 22, 2020 |
ahiboilandgas: u only know the starting of a fire u don't know the direction or the end and who it will consume...so dont start a fire or crisis..... In my place, there is a saying 'if you insist on making a fire as long as the snake you want to roast, you will end up cutting down all the trees in the forest thereby destroying the forest'. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 6:29pm On Oct 22, 2020 |
ahiboilandgas: may be 5 days earlier they where doing #tag end sar not knowing that it was #tag end jobs with data from salary end from mall. When i check their whatsapp updates these days, they no longer put the clenched fist . Na prayer for peace dem dey put now. I no fit laff. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 6:21pm On Oct 22, 2020 |
emmanuelewumi: This has always been my position concerning the issue.
When a purported peaceful goes beyond 5 days, especially when it infringes on the right of other citizens from moving or doing their business it will later become a violent protest.
Do you know the number of commercial bus drivers, agberos that had reduced income for two weeks when Lekki Toll gate was closed because of the peaceful protest? When these protests started entering the inner streets, i advised and warned several of the youths that the protests will be hijacked by area boys and hoodlums and it will spiral out of their control and that they should retreat to restratigize. They refused to listen saying they do not need any advise from the older generation. They think their generation is the first in the history of Nigeria to do protests. I have asked people where the Feminist movement that was giving daily reports and Anonymous that was hacking websites upandan gone to?. Even Radio 'Soro Soke' is off the air. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 6:13pm On Oct 22, 2020 |
freeman67: This has been my major worries since the beginning of the protest. The innocent will suffer it more. The spill of effect will be much. Somebody has to pay for all the public properties destroyed if the government decide to replace them and that somebody eventually will be everybody even though everybody did not partake in the disruction. The provider of good and services would be taxed and the cost will be transferred back to the consumer.
However, on the side of private business owners that their businesses were destroyed it is a total setback especially the one man businesses amongst them.
Eventually many protesters will discover that they were used but then the did had already been done. Circle Mall at Jakande, Lekki completely brought down. The workers have completely lost their jobs as i doubt the mall will open again this year. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 9:22am On Oct 21, 2020 |
DexterousOne: Me I am of the view that this is not the first time Nigerians have faced their government sha It's a recurring decimal
June 12 Anti SAP All that These generation now abusing the older generation of not doing anything think all these were done by them or some alliens came down from Jupiter to do all these?. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 8:28pm On Oct 20, 2020 |
DexterousOne: I knew it! This has,been your mindset about the protests lmao 
Apparently you are not too happy about the shots that the younger ones fired at the older generation
Well... Let's just watch and see how it goes Cheap shots you mean. They came out to fight oppression. They should focus on that instead of aiming cheap shots. Every generation fights her battles. The independence they are enjoying now was fought for by a generation. The removal of History from schools really caused a problem. Iam sure many of them aiming cheap shots at the older generation do not know the person that moved the motion for independence. Even the democracy being enjoyed now was fought by people. Iam sure you are amazed at the names in that post. Make una focus and leave the older generation alone. Nigeria did not start from una generation. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 4:11pm On Oct 20, 2020 |
#Copied
This is from a friend, 65 years old and an alumni of UNILAG. Quite interesting.
The following is my reaction to a post my son made on our family platform about the ongoing protests. You may find it interesting:
Yes, the protests are largely peaceful, with a few miscreants. But I assure you that the few miscreants are testing grounds. There are more miscreants waiting in the wing. I know cause I've been there before!
Contrary to the narratives in circulation, my generation didn't just sit down. Forget about the politicians who want to "off the mic". Many of us didn't "gbenu dake". We "soro-soked" - loud and clear, often putting our lives on the line!
We fought all the military regimes. I can't remember how many times I was "tear gassed". We carried our own "anti tear gas" solutions around. There was a time military police stormed UNILAG by air (Helicopter landed at sports centre); by sea (Police boats arrived via the Lagoon); and by land (UNILAG's front gate). The back gate wasn't there yet; it was just a narrow bush path that served as the only route of escape for those at the front line who knew the route. Others were trapped and there were stories of rape, looting, and students being thrown down from second and third floors of Jaja and Mariere halls. We had no phone cameras so we have no proof. As is always the case, we usually started out peacefully but eventually miscreants got involved. We didn't have social media hence the protests couldn't spread as fast, but it was replicated in all the universities.
There's an Akintunde Ojo hall in UNILAG - named after a student that was killed in one of the protests. Ask anyone who is 60+ about "Ali must Go". Ask about "No Eddie, no lecture riot", etc. I remember telling you about the day I was embarrassed when my father came to get me off the "battle ground" at the UNILAG gate. Those protests were usually the precursors to the demise of governments in power.
In June 1993 when Babangida annulled the election, youths took to the streets, forcing Babangida to step down and scamper out of Lagos to Abuja. They all "soro-soked"
When the brutal Abacha took over he was fought till the end. Many people were killed during the period. I have my personal story, but this is not about me. Even MKO Abiola, who was considered as being initially part of the corrupt system laid down his life to fight off the Abacha military regime. The arrow head of the fight against Abacha was National Democratic Coalition (NADECO), with several actors playing different parts. These individuals included Pa Adekunle Ajasin, Pa Adesanya, Anthony Enaharo, Wole Soyinka, Commodore Ebutu Ukiwe, Balarabe Musa, Group Captain Jonah David Jang, Rear Admiral Godwin Ndubuisi Kanu, Shafi Lawal Edu, Ayo Opadokun, and Colonel Yohanna Madaki. Even Senator Bola Tinubu was also very active in the struggle.
Today, everyone talks about Fela. But there were several others. There was Gani, the people's SAM (Senior Advocate of the Masses); there was Olisa Agbakoba; there was Beko, etc. Before them, there was Professor Awojobi, there was Tai Solarin, and of course Wole Soyinka was (is) ever present. Go and read Wole Soyinka's "The Man Died". Search for "The Beginning of the End" penned by Tai Solarin. These people were arrested, tortured, and jailed countless times because they led protests. Of course, they didn't act alone. There's a statue of Tai Solarin in Yaba bus stop, one of Awojobi in Onike roundabout, Gani's in Ojota, Herbert Macaulay's in Sabo, and many more.
There were still others before these names. Our founding fathers fought the British the best way they could. Do you think the British left Nigeria willingly? Do your research about Pa Imodu (No 1). Do your research about Olufunmilayo Ransom Kuti. Read up on Herbert Macaulay. Of course there was Awolowo, Azikwe, Ahmadu Bello, Enahoro, etc. Before them there was King Jaja of Opobo, and a host of others who were exiled or died fighting the superior military power of the British.
In every generation you'll have the good, the bad, and the ugly. Stop the blanket accusation of generations before yours. They've played their parts. Study their histories and find out why the "bad guys" eventually end up controlling the political system despite the heroic exploits of the good guys. Focus on the war - not the battle!
#Copied !!!!!!. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 1:30pm On Oct 20, 2020 |
DexterousOne: In case you dont know
It was the IGP foolishly announcing SWAT so soon that triggered people more
This is Nigeria We know how things work The nigerian people saw it as rebranding with no tangible change whatsoever
That is an error
That said I can deduce your condescending tone towards the movement and the young people who powered it. I know it is rebranding. What was done by him required another strategy to engage and not to change hastag or increase demand. If you study Nigeria system very well, it is always what they do. SARS was disbanded and SWAT formed. Hastag changed from #EndSARS to #EndSWAT. So if SWAT is ended and 'WAT' is formed, hastag then changes to #EndWAT abi?. In as far as there is no limitation to hastags, there will be no change to naming. Is that what you want?. You need to understand that Nigeria Leadership is still not yet fully out of the Military ways of doing things. It is a mentality thing which will take time. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 12:32pm On Oct 20, 2020 |
9jatriot: You and I know that number 1 will not change anything, just like when a lion taste blood, the youths have tasted power and they are enjoying the trills, so the demands will keep changing as government makes one concession to the other. As soon as FG accepted to end SARS and start implementing the demands, the most sensible natural thing to do was to set up an independent monitoring group by these same protesters to ensure that government was not just taking the people for a ride. Leave PMB's advisers alone, one you claimed that the internet was going to be shutdown, one week after it is still on. then they did not advise military action, that is shocking to many of us. I am glad he did not send in the military.
As to number 2, I think PMB signed something like that into law either last year or early this year. This was where the protesters missed. It was as if they did not have leaders. After the government disbanded SARS, they started adding to the request on a daily basis. From one request to five to seven to thirteen and now close to twenty. When will it end?. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 12:20pm On Oct 20, 2020 |
ahiboilandgas: Curfew in Lagos 24 hours.....protest finally lost .. Was expected. Edo started it yesterday. Anybody that was thinking that the protesters will be allowed to just block major roads and the government will not do anything was just dreaming. As i said, this generation have not seen real protest before. Na only NLC fuel price hike when dem they dance at Ojota that they have seen and are used to. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 12:15pm On Oct 20, 2020*. Modified: 1:16pm On Oct 20, 2020 |
ojesymsym: Sir, let this slide. No need for this. If possible edit the content, u na bros no need to de pull shirt to join fight I do not normally waste time and data to do meaningless online arguments in a faceless forum. Just trying to tell the poster that the cause of the problems of Nigeria is not down to any generation. Every person's great great grand parent could have contributed at any point in time. Gani was always taken to Gashua prison in Bornu state. That is the toughest and worse prison in the country. The poster should go and do a research on Gashua prison that Gani was always been taken to. Iam sure he will come and say the likes of Gani did not do anything just because they are now protesting and putting it on social media. No be today this fight for a better Nigeria start. |
Investment › Re: Treasury Bills In Nigeria by NL1960: 11:59am On Oct 20, 2020 |
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