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Treasury Bills In Nigeria - Investment (1973) - Nairaland

Nairaland ForumNairaland GeneralInvestmentTreasury Bills In Nigeria (5608226 Views)

1 2 3 ... 1970 1971 1972 1973 1974 1975 1976 ... 2357 Reply (Go Down)

Re: Treasury Bills In Nigeria by Ohyinyeah: 7:40pm On Jul 31, 2021
We know the general nature of doing business in Nigeria. A lot of people profit when things are not going right. The number of BDCs from 2016 to 2020 as grown by 10X. That wouldn't happen if there are no gains. The CBN gives each BDC $20,000 a week to sell. It is not even enough for an individual not to talk of a company.

You might also need PTA and you won't be able to get from your bank. I experienced this years back.

With the directive of the CBN hopefully banks will comply a lot more.

Then again there are a lot of companies who need more than $5,000 every 3months to import stuff into the country. What will $5,000 do for you as a business owner. These businesses have no other choice than to sources for FX outside of the banking system.

The rise in dollar is directly proportional to the rise in inflation especially in the our Nigerian economy. We import everything!

The move is a good idea but so many things should have happened before this move was made. If care is not taken, we might hit 600 Naira to $1 before the end of the year (history shows it can be worse).
Re: Treasury Bills In Nigeria by tunjity26: 8:18pm On Jul 31, 2021
DaBogu:
8.9%
Please I want you to help me with this calculations
Let assume I want to buy for 400000 worth
Does that me 8.9/100 * 400000 = 35600 then divided by 1year (362 days)

=> 35600/362 = 98naira

Now does that mean 98naira will be top on the 400k daily??
Re: Treasury Bills In Nigeria by omotola90(m): 10:02pm On Jul 31, 2021
OgogoroFreak:
Buy and keep is good but buying foreign stock or even invest it in risevest real estate till December is better.
seems fintech is the best thing out there... Are you still investing in piggyvest my friend?
Re: Treasury Bills In Nigeria by mickky22: 5:35am On Aug 01, 2021
sentoms:
Mixta Real Estate Plc Commercial Paper

Mixta Real Estate PLC is offering up to N1.7billion Series 42 Commercial Paper under its N20 billion Commercial Paper Issuance Programme. Proceeds from the offer will be used to support short term funding requirements, please find more details below and kindly reach out to me ,if you are interested.

Adeolu - 08080250177

Issuer

Mixta Real Estate PLC Series: 42

Tenor: 270 days

Issuance Size: Up to N1.7bn

Discount Rate/ Upfront interest: 15.4942%
Implied Yield/ Interest@ maturity: 17.5000%

Offer Open Date: Monday, 2 August 2021

Offer Close Date: Tuesday, 10 August 2021

Issuer (Corporate) Rating: “A2” Short term by DataPro

“BBB-” Long term by DataPro

Minimum Subscription: N5 million


Mixta Africa is the real estate subsidiary of ARM Holding Company.

https://mixtafrica.com/

Don't miss this Investment opportunity.

Adeolu - 08080250177
Respect to 'Gurus' in the house.

Please what is your take on this?
Re: Treasury Bills In Nigeria by Ohyinyeah: 7:25am On Aug 01, 2021
Somebody that converted to USD and just held did way better than any stock market T-bills investment return in the same period
Re: Treasury Bills In Nigeria by bfn1: 9:51am On Aug 01, 2021
Ohyinyeah:
Somebody that converted to USD and just held did way better than any stock market T-bills investment return in the same period
grin Sad but true.
Re: Treasury Bills In Nigeria by Eroms4life17(m): 10:20am On Aug 01, 2021
Make that decision today. 300 USDT is all you need to change your life forever. Check my signature
Re: Treasury Bills In Nigeria by Eroms4life17(m): 10:22am On Aug 01, 2021
It makes business sense to invest in hyperfund. Check my signature to know more
Re: Treasury Bills In Nigeria by Akerewe(m): 12:47pm On Aug 01, 2021
tunjity26:
Please I want you to help me with this calculations
Let assume I want to buy for 400000 worth
Does that me 8.9/100 * 400000 = 35600 then divided by 1year (362 days)

=> 35600/362 = 98naira

Now does that mean 98naira will be top on the 400k daily??
yes
Re: Treasury Bills In Nigeria by PerfectMatchNG: 1:42pm On Aug 01, 2021
RayRay06677:
Can I invest then create account later
No
Re: Treasury Bills In Nigeria by tunjity26: 7:07pm On Aug 01, 2021
Akerewe:
yes
Thanks
Re: Treasury Bills In Nigeria by topsquino(m): 7:15pm On Aug 01, 2021
Tobex4realTobex234:
Since I posted this, naira has gone from 450 to 520.

If all you did was buy and keep, that's some 16% in 6 months. But if you invested in Apple, Microsoft, Google or VOO, you should be 30%+ grin.

No rocket science grin
Hello I sent you a PM. Kindly reply.
Re: Treasury Bills In Nigeria by mickky22: 5:39am On Aug 02, 2021
Goodday Guru in the house.
What can you say about this Federal Government Bond.

Thanks
Re: Treasury Bills In Nigeria by PerfectMatchNG: 6:32am On Aug 02, 2021
BDC sourcing FX independently will drive USDNGN towards a free floating exchange....the black market speculation will play out better

CBN, commercial banks and corporations becomes players in the Importers and Exporters window.....the only official rate.
In all the country benefits
Re: Treasury Bills In Nigeria by PerfectMatchNG: 6:32am On Aug 02, 2021
mickky22:
Goodday Guru in the house.
What can you say about this Federal Government Bond.

Thanks
Do it you will thank yourself later
Re: Treasury Bills In Nigeria by PerfectMatchNG: 6:32am On Aug 02, 2021
Good morning
Where is Emma, it been a while we heard from him
Re: Treasury Bills In Nigeria by skydiver01: 7:30am On Aug 02, 2021
I certainly hope he is taking time out to write his wealth creation book as our renowned Lazyyouth (Smart Youth) suggested to him several times. He responded to the suggestion by saying he would try to have it written by August this year wink

PerfectMatchNG:
Good morning
Where is Emma, it been a while we heard from him
Re: Treasury Bills In Nigeria by Nobody: 7:52am On Aug 02, 2021
skydiver01:
I certainly hope he is taking time out to write his wealth creation book as our renowned Lazyyouth (Smart Youth) suggested to him several times. He responded to the suggestion by saying he would try to have it written by August this year wink
grin
Re: Treasury Bills In Nigeria by Dstikz47(m): 9:41am On Aug 02, 2021
just2endowed:
do you do visa arrangement to europe and other developed countries?
Good morning sir.
sorry for the late reply having issue with my account.
You can reach me via the mail or contact details on the image below so we don't derail the thread.

and also if there is anyone here looking for a corporate travel management firm for his or her company kindly reach out to me so we can fix an appointment.

Re: Treasury Bills In Nigeria by yazga: 4:46pm On Aug 02, 2021
I still find it funny that most people don't know why Nigeria economy went into recession, they love the incompetent lies of Lai Mohammed about the past government ruining everything. It's also myopic to think
that if Jonathan were to still be in power, we would be worse off.

The truth about Nigeria's recession is this; it was caused by the president's unguided rhetoric and uncultured body language.

Firstly, there is nothing we are buying today that we weren't buying 5 years ago, therefore it's not our purchase that put pressure on Naira but withdrawal of funds by foreign investors.

After the election, the president created instability with his unguided statements about how everyone is corrupt and how everyone is going to jail. The instability made foreign investors to liquidate their
investment and change their money to dollars.

In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate.

Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into dormiciliary accounts. That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush.

To make matters worse, the president came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the
emergence of free FALL.

In the end, foreign investors took over $80B out of the economy within a short period and everything went down to free fall.

To those who believe it will be worse if Jonathan is still there, you are all
wrong. Policy continuity and political
stability will not let billions of dollars leave our shores within such tiny time frame. Even though the government might have income
shortage, the private sector will weather the storm by their confidence in the market.

The fear of the unknown created by PMB is responsible for the economic downturn not low oil price. Interest rate in America is currently at 0.5% while it is 12% in Nigeria. JP Morgan Chase will not mind borrowing $50
billion from Feds at 0.5 and put in Nigeria for return of %2000 profit. Citi bank will do the same, likewise US Bank Corp. Chase gave Buhari warning about the repercussions of
his fixing policy before they pulled out, but his illiterate cyber warriors and misseducated e-soldiers said JPMORGAN can go to hell, they no longer believe in economic metrics since their messiah is in charge.

Funny enough they are all suffering today because of the stupid policy, but they find relief by blaming it on past administration and Gucci appetite of average Nigerians. For your information, if your president "continues" with his unguided rhetoric, Naira will go down to N1000/1 $. But we thank
God, he is no longer talking.
Re: Treasury Bills In Nigeria by freeman67: 5:22pm On Aug 02, 2021
sentoms:
Mixta Real Estate Plc Commercial Paper

Mixta Real Estate PLC is offering up to N1.7billion Series 42 Commercial Paper under its N20 billion Commercial Paper Issuance Programme. Proceeds from the offer will be used to support short term funding requirements, please find more details below and kindly reach out to me ,if you are interested.

Adeolu - 08080250177

Issuer

Mixta Real Estate PLC Series: 42

Tenor: 270 days

Issuance Size: Up to N1.7bn

Discount Rate/ Upfront interest: 15.4942%
Implied Yield/ Interest@ maturity: 17.5000%

Offer Open Date: Monday, 2 August 2021

Offer Close Date: Tuesday, 10 August 2021

Issuer (Corporate) Rating: “A2” Short term by DataPro

“BBB-” Long term by DataPro

Minimum Subscription: N5 million


Mixta Africa is the real estate subsidiary of ARM Holding Company.

https://mixtafrica.com/

Don't miss this Investment opportunity.

Adeolu - 08080250177
Do you work with them?
Re: Treasury Bills In Nigeria by mickky22: 5:27pm On Aug 02, 2021
PerfectMatchNG:
Do it you will thank yourself later
thanks
Re: Treasury Bills In Nigeria by Remix10(m): 7:58pm On Aug 02, 2021
Please I need a loan of 1M, is it advisable to apply for a bank loan, or private loans?
Re: Treasury Bills In Nigeria by RayRay06677(m): 4:21am On Aug 03, 2021
sentoms:
Mixta Real Estate Plc Commercial Paper

Mixta Real Estate PLC is offering up to N1.7billion Series 42 Commercial Paper under its N20 billion Commercial Paper Issuance Programme. Proceeds from the offer will be used to support short term funding requirements, please find more details below and kindly reach out to me ,if you are interested.

Adeolu - 08080250177

Issuer

Mixta Real Estate PLC Series: 42

Tenor: 270 days

Issuance Size: Up to N1.7bn

Discount Rate/ Upfront interest: 15.4942%
Implied Yield/ Interest@ maturity: 17.5000%

Offer Open Date: Monday, 2 August 2021

Offer Close Date: Tuesday, 10 August 2021

Issuer (Corporate) Rating: “A2” Short term by DataPro

“BBB-” Long term by DataPro

Minimum Subscription: N5 million


Mixta Africa is the real estate subsidiary of ARM Holding Company.

https://mixtafrica.com/

Don't miss this Investment opportunity.

Adeolu - 08080250177
How real is this opportunity
Re: Treasury Bills In Nigeria by PerfectMatchNG: 6:34am On Aug 03, 2021
skydiver01:
I certainly hope he is taking time out to write his wealth creation book as our renowned Lazyyouth (Smart Youth) suggested to him several times. He responded to the suggestion by saying he would try to have it written by August this year wink
I think so too
Re: Treasury Bills In Nigeria by dobnina(f): 8:57am On Aug 03, 2021
yazga:
I still find it funny that most people don't know why Nigeria economy went into recession, they love the incompetent lies of Lai Mohammed about the past government ruining everything. It's also myopic to think
that if Jonathan were to still be in power, we would be worse off.

The truth about Nigeria's recession is this; it was caused by the president's unguided rhetoric and uncultured body language.

Firstly, there is nothing we are buying today that we weren't buying 5 years ago, therefore it's not our purchase that put pressure on Naira but withdrawal of funds by foreign investors.

After the election, the president created instability with his unguided statements about how everyone is corrupt and how everyone is going to jail. The instability made foreign investors to liquidate their
investment and change their money to dollars.

In the process of trying to flee, they were willing to buy dollars at any price, which lead to high exchange dollar rate.

Even though some of them were not ready to run away, but want their money in dollars to save their investments from devaluation, the president gave a bad signal by banning deposit of foreign currency into dormiciliary accounts. That was enough for free market believers to see the draconian handwriting on the wall, that was the beginning of dollar rush.

To make matters worse, the president came up with another outrageous policy of rationing dollar to certain sectors and blocking many sectors out. That was the nail in the coffin which facilitated the
emergence of free FALL.

In the end, foreign investors took over $80B out of the economy within a short period and everything went down to free fall.

To those who believe it will be worse if Jonathan is still there, you are all
wrong. Policy continuity and political
stability will not let billions of dollars leave our shores within such tiny time frame. Even though the government might have income
shortage, the private sector will weather the storm by their confidence in the market.

The fear of the unknown created by PMB is responsible for the economic downturn not low oil price. Interest rate in America is currently at 0.5% while it is 12% in Nigeria. JP Morgan Chase will not mind borrowing $50
billion from Feds at 0.5 and put in Nigeria for return of %2000 profit. Citi bank will do the same, likewise US Bank Corp. Chase gave Buhari warning about the repercussions of
his fixing policy before they pulled out, but his illiterate cyber warriors and misseducated e-soldiers said JPMORGAN can go to hell, they no longer believe in economic metrics since their messiah is in charge.

Funny enough they are all suffering today because of the stupid policy, but they find relief by blaming it on past administration and Gucci appetite of average Nigerians. For your information, if your president "continues" with his unguided rhetoric, Naira will go down to N1000/1 $. But we thank
God, he is no longer talking.
Bitter truth
Re: Treasury Bills In Nigeria by dobnina(f): 9:01am On Aug 03, 2021
Remix10:
Please I need a loan of 1M, is it advisable to apply for a bank loan, or private loans?
Do you have a Collateral?
If yes, then try Bank loan.
If No, then try Private loan
Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 10:05am On Aug 03, 2021
topsquino:
Hello I sent you a PM. Kindly reply.
Hi bro, this my Nairaland email is an old email that is now unmonitored. I won't be able to access your pm.
Re: Treasury Bills In Nigeria by topsquino(m): 1:57pm On Aug 03, 2021
Tobex4realTobex234:
Hi bro, this my Nairaland email is an old email that is now unmonitored. I won't be able to access your pm.
How can I contact you outside this platform. Or could you please send me a message by adding @gmail.com to my username?
1 2 3 ... 1970 1971 1972 1973 1974 1975 1976 ... 2357 Reply

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