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Treasury Bills In Nigeria - Investment (803) - 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 Nobody: 4:20pm On Jun 17, 2019
Sholapey:
FBN. Because you can reinvest your upfront with your capital in one transaction with then.
Re: Treasury Bills In Nigeria by RealityShot: 5:32pm On Jun 17, 2019
Bennycollins:
But come to think of it, what is the essence of building up money to the expense of your comfort? I am not saying one should not invest, but life is short. Except,of course you have made up your mind to sacrifice your present and stack-up fortunes for your children.
this is the mindset that is keeping Africans POOR!
..
a guy put $10000 in Warren Buffet's fund company and after 50 years, it is worth over $50 million!!
He never lifted another finger.
..
if you do not build up funds for when you retire, you will SUFFER and your children will SUFFER... even if they make enough to take moderate care of you..they will be suffering because they could have been investing such funds for their own future.
..
i am a living witness of this occurence
...
good luck chopping your money because "life is short"
..
what if yours becomes longer than most?

18 Likes 2 Shares

Re: Treasury Bills In Nigeria by RealityShot: 5:51pm On Jun 17, 2019
benson4u:
I don't think so cause you would have notice he said what business can you do with 100k that can generate more than 1% within 2 months? He didn't state "start". Even at that there are lots of business one can do with 100k that will generate more than 1% profit he stated. But in all, what works for A might not work for B. For me irrespective of the kind of business I do I can make out profit of more than 1% from 100k within 2 months. wink
use an example and tell us HOW its done.
..
I never said its not possible to start a business with 100k.
..
e.g; one can start a beans retail by
buying Wheelbarrow ~ 20k
2 bags of beans ~ 30k
store it at home
..then roll some to a market or junction and sell there.
i dont know the returns, this is an example
..
treasury bills are for those with large funds or have no time to go and start such petty business (self-employment).

3 Likes

Re: Treasury Bills In Nigeria by tck2000(m): 5:53pm On Jun 17, 2019
Confusing
Re: Treasury Bills In Nigeria by HeliosHay(m): 6:05pm On Jun 17, 2019
Bennycollins:
But come to think of it, what is the essence of building up money to the expense of your comfort? I am not saying one should not invest, but life is short. Except,of course you have made up your mind to sacrifice your present and stack-up fortunes for your children.

Actually, it's FUN and very comforting watching my money grow..the feeling is better than sex

14 Likes

Re: Treasury Bills In Nigeria by Nnamz(m): 6:34pm On Jun 17, 2019
HeliosHay:


Actually, it's FUN and very comforting watching my money grow..the feeling is better than sex
You must be either single, or have a very terrible sex life

3 Likes

Re: Treasury Bills In Nigeria by HeliosHay(m): 6:43pm On Jun 17, 2019
Nnamz:

You must be either single, or have a very terrible sex life

My sex life is great, thank you.

I just enjoy making money more than any other thing.

20 Likes 1 Share

Re: Treasury Bills In Nigeria by Nobody: 6:44pm On Jun 17, 2019
Life is too short we know, if you are lucky or unlucky and yours becomes longer, are you going to commit suicide.
We have choices, live your day as if its the last but for me and my family, we will live our days as if its the beginning, more to come. My retirement is my driving force. I cant die hoping on people, i will die making every choice and decisions all the days of my life and not teleguided because someone is paying the old piper. So much fun in the future, dont miss out.

14 Likes 1 Share

Re: Treasury Bills In Nigeria by kisszhira(m): 7:02pm On Jun 17, 2019
grin grin grin funny people. I think they best life is just to balance everything. Don't be a money miss road,in other words... Don't spend all your days in this beautiful life pursuing money only to die without enjoying the fruit of your labour. Also,don't spend all the money "enjoying" because if you do,na better poverty go catch you like a thief in the future if you manage to live longer than you expected. Even if you couldn't,your kids (the reasonable ones who won't blow away everything) will appreciate you keenly for what you did for them.

15 Likes 1 Share

Re: Treasury Bills In Nigeria by dipoolowoo: 3:30am On Jun 18, 2019
Re: Treasury Bills In Nigeria by cooldudeng(m): 7:43am On Jun 18, 2019
I’m not sure there’s even an argument on which is better. They both have their pros and cons

Some people are still in active paid employment and only move their savings to TBs. Not everyone has the time to run a biz.

Also, we all can’t be Entrepreneurs. Some have the time but not the risk appetite

Lastly, it’s about growing your stream of incomes. You can run a biz and still move your excesses to TB

So do what works best for you. My 2cents

oluayebenz:
I'm not actually getting what's trending over here......
Are you guys saying TB is better than doing business?

Business is still your best bet in Nigeria, you have 10m u invest in NTB your interest per year is around 1.2m and you think doing business wont yield more than twice of that?
The main thing is dont go into any business you know nothing about.

And to the guy saying is bad running business from abroad, forget that...... some are doing it and making it big.

Treasury bill is just upgraded savings

4 Likes

Re: Treasury Bills In Nigeria by Nobody: 8:16am On Jun 18, 2019
Lol..this got me cracking my ribs,genius!
Nnamz:

You must be either single, or have a very terrible sex life
Re: Treasury Bills In Nigeria by igbizen(m): 8:18am On Jun 18, 2019
Bennycollins:
But come to think of it, what is the essence of building up money to the expense of your comfort? I am not saying one should not invest, but life is short. Except,of course you have made up your mind to sacrifice your present and stack-up fortunes for your children.
The question I asked myself was that driving a corolla rather than Benz ML350, does it spells less comfort or less "flashyness". there is a difference between wants and needs. I still club, drive and do every other things. But gone are those days you spend without thinking if it is a need or want. My friend you get the point.

12 Likes 1 Share

Re: Treasury Bills In Nigeria by HeliosHay(m): 12:22pm On Jun 18, 2019
Rule #11 - Money is your personal army, it should go out and bring back prisoners

Every dollar you have is your personal soldier. Every morning you send them out onto the battlefield. Some will die, some will conquer. Your goal is for more of them to return back home with prisoners.

If you start thinking about your freedom soldiers, you'll begin to be a lot more careful of the troops you give away when someone asks to borrow some of your soldiers.

Every time you give someone money, you run the risk of this person killing your soldiers and never seeing them again - soldiers that would have served you well!

When you have no soldiers you're wiped out - that's the game of life


https://www.youtube.com/watch?v=_emBcTU0wKo

12 Likes

Re: Treasury Bills In Nigeria by Jobac: 12:30pm On Jun 18, 2019
Georgisuria:

Baobab MfB..#1M-#2M is 11.75% for 30days while #2,000,001-5M is 12.50% for 30 days also >10M is negotiable for 30days.
Our fixed deposit rate is the best in the market.
Thanks sir
I don't have direct experience with MFB and I don't want to have. Thanks for the offer.

3 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 1:06pm On Jun 18, 2019
igbizen:

The question I asked myself was that driving a corolla rather than Benz ML350, does it spells less comfort or less "flashyness". there is a difference between wants and needs. I still club, drive and do every other things. But gone are those days you spend without thinking if it is a need or want. My friend you get the point.
yes oh I give out to charity too in small sum to people I know dey truely need....

1 Like

Re: Treasury Bills In Nigeria by lastmessenger: 1:25pm On Jun 18, 2019
Georgisuria:

Baobab MfB..#1M-#2M is 11.75% for 30days while #2,000,001-5M is 12.50% for 30 days also >10M is negotiable for 30days.
Our fixed deposit rate is the best in the market.
Thanks sir
where is your office? This is new to me
Re: Treasury Bills In Nigeria by Grupo(m): 1:26pm On Jun 18, 2019
lastmessenger:
where is your office? This is new to me

You will soon lose your money

15 Likes

Re: Treasury Bills In Nigeria by lastmessenger: 1:29pm On Jun 18, 2019
Grupo:


You will soon lose your money
do you know there office ?
Re: Treasury Bills In Nigeria by kisszhira(m): 2:33pm On Jun 18, 2019
HeliosHay:
Rule #11 - Money is your personal army, it should go out and bring back prisoners

Every dollar you have is your personal soldier. Every morning you send them out onto the battlefield. Some will die, some will conquer. Your goal is for more of them to return back home with prisoners.

If you start thinking about your freedom soldiers, you'll begin to be a lot more careful of the troops you give away when someone asks to borrow some of your soldiers.

Every time you give someone money, you run the risk of this person killing your soldiers and never seeing them again - soldiers that would have served you well!

When you have no soldiers you're wiped out - that's the game of life


https://www.youtube.com/watch?v=_emBcTU0wKo


So,you are implying we should be selfish with our money then

2 Likes

Re: Treasury Bills In Nigeria by AdetonaDami(m): 3:09pm On Jun 18, 2019
Good Morning great minds.
(THE NEW LASGIDI). An eye opener about *IBEJU LEKKI*

*Here's What many did not know about Victoria Island*

What if my parents had the insight to buy into Victoria Island back then? Well,....that's a story for another day.

Last week Tuesday, I set out for a site inspection of the much talked about *New Lagos - Ibeju Lekki* along with my team, we covered the Ibeju Lekki axis.

I marveled at the sight of several of organisations, developments and opportunities springing up there.

Few minutes from Eleko Junction, I saw the very popular *Amen Estate* (if you are a follower of Jennifer's Diary, it's the estate used as the major location of the soap opera) which now sells for N12m...right inside Ibeju Lekki.

We drove up 2 minutes and we came across *Shoprite's new site (already fenced)* that will serve Ibeju Lekki inhabitants and visitors in few years time.

We journeyed up to the massive *Lekki Free Trade Zone* that is stationed to bring international trade closer.

Can you see what am seeing?

We continued up and we got to *Dangote Refinery* still under construction with lot of activities up already. And another new development is already in place - *the 3 lanes expansion of the expressway has began*. By the way, have you seen the master plan of the smart city development at Ibeju-Lekki? It's a Lagos State Govt. and Dubai deal, signed by Gov. Akinwunmi Ambode.
Meanwhile, am not through...

Beside Dangote Refinery, we have *Dano milk, Power Oil and Kelloggs* already operating in this our New Lagos. On the other side of the road, we have *Lekki Sea Port* still under construction.

As if we've not seen enough, we drove up again until we came across *Oriental Hotel's new site* that will lodge travelers landing at the *new international airport* along the Lekki-Epe Expressway.

We visited the natural sea resort destination *La Campaign Tropicana* where you get to appreciate nature at it's finest - a serene resort away from the hustle and bustle of the Lagos city.

These are just some of the notable areas within Ibeju Lekki that I came across in just a day visit. There are still lot more top organisations of different sectors that are positioning their sites here in preparation for the big one -*The New Lagos*

I hope you can foresee what your property will be worth when you have this top guys as your neighbours and have you thought of the class of people that will also stay here?

*That plot of land you get today will appreciate to N60m in no time.*

Don't hesitate

Remember yesterday it was Ikoyi, Victoria Island, today it is Lekki, Ajah and tomorrow the concentration will be focused on *Ibeju Lekki - The New Lagos.*, do you still think it's far? Smart investors never called *Lekki phase1 or VGC far back then*, ask VP Osinbajo.

INVEST NOW IN OUR ESTATES AT REHOBOTH PARKS AND GARDENS IBEJU-LEKKI.

Private Chat for the List of Our Estates.
Re: Treasury Bills In Nigeria by Nnamz(m): 3:14pm On Jun 18, 2019
Grupo:


You will soon lose your money
He'll soon lose his soldiers grin

6 Likes

Re: Treasury Bills In Nigeria by HeliosHay(m): 3:20pm On Jun 18, 2019
kisszhira:



So,you are implying we should be selfish with our money then

My interpretation of it is that if you're going to lend money, lend to someone that is creditworthy - don't be sentimental.

Lending money to the government via TB is pretty much straightforward, you know (there's a high probability) that ALL your soldiers will come back with prisoners.

1 Like

Re: Treasury Bills In Nigeria by missjekyll: 4:17pm On Jun 18, 2019
Soooooo...Facebook is set to launch Libra next month. Does anybody have the dirt on this?

Haven't bought any cryptocurrency before but if Mark Zuckerberg thinks its worthwhile,who I be?

what do ya'll think?

1 Like

Re: Treasury Bills In Nigeria by Tweetums(f): 5:40pm On Jun 18, 2019
missjekyll:
Soooooo...Facebook is set to launch Libra next month. Does anybody have the dirt on this?

Haven't bought any cryptocurrency before but if Mark Zuckerberg thinks its worthwhile,who I be?

what do ya'll think?
next year 2020, they released their white paper today...
Re: Treasury Bills In Nigeria by kisszhira(m): 5:54pm On Jun 18, 2019
Tweetums:
next year 2020, they released their white paper today...

From the look of things,i think they are trying to find a way and regulate crypto- currencies.

https://news.bitcoin.com/policymakers-crypto-guidance-standards-g20-supports/
Re: Treasury Bills In Nigeria by Donbrig: 6:13pm On Jun 18, 2019
Nice input from all the gurus in the house. It is important to save money as much as you can and guide your money jealously. Also remember to enjoy life as you work hard for your money, but don't live extravagantly or buy things you don't need or things you can do without. And also try to be greedy a bit when trying to get to the top of the ladder, greediness is a very important factor if you want to become rich or wealthy in life. Most wealthy people all over the world are extremely greedy but become generous after making wealth. But be generous and help those that truly needs it once you become rich, most of the money you will be using to help others could be interest from your capital. Capital is meant to be inherited by our children when we join our ancestors, (most wealthy people spend only the interest on their capital) that's why it is critically important to start teaching our children the rules of money at an early age.

Remember to also build your spiritual life as strong as possible, as you become more successful in life, many friends and family members will hate you with passion and secretly wish for your downfall due to envy. Building a strong spiritual life is one way you can overcome the hates and challenges that comes with wealth and influence.

The Hustling Continues, God Bless YOu All.

19 Likes 1 Share

Re: Treasury Bills In Nigeria by rinzylee(m): 7:00pm On Jun 18, 2019
Good evening everyone


I have been following up with the very intelligent discussions here and it's been enlightening. Whilst I applaud treasury bills as a good investment Platform I would however admit that with the current Nigerian situation, business is the best way to make good profit.

I export charcoal and currently we are looking for investors to meet up with our demand. We have very wonderful interest rates that would impress you. We have concluded business deals with some very prominent Nairalanders.

If interested you can contact me.

Cheers
Re: Treasury Bills In Nigeria by Yem0350: 7:06pm On Jun 18, 2019
What is the minimum amount of tbills with FCMB?
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 7:24pm On Jun 18, 2019
Yem0350:
What is the minimum amount of tbills with FCMB?
12m
Re: Treasury Bills In Nigeria by Nnamz(m): 9:54pm On Jun 18, 2019
Donbrig:
Nice input from all the gurus in the house. It is important to save money as much as you can and guide your money jealously. Also remember to enjoy life as you work hard for your money, but don't live extravagantly or buy things you don't need or things you can do without. And also try to be greedy a bit when trying to get to the top of the ladder, greediness is a very important factor if you want to become rich or wealthy in life. Most wealthy people all over the world are extremely greedy but become generous after making wealth. But be generous and help those that truly needs it once you become rich, most of the money you will be using to help others could be interest from your capital. Capital is meant to be inherited by our children when we join our ancestors, (most wealthy people spend only the interest on their capital) that's why it is critically important to start teaching our children the rules of money at an early age.

Remember to also build your spiritual life as strong as possible, as you become more successful in life, many friends and family members will hate you with passion and secretly wish for your downfall due to envy. Building a strong spiritual life is one way you can overcome the hates and challenges that comes with wealth and influence.

The Hustling Continues, God Bless YOu All.
Bros. Your spiritual life will not save you from people that wanna see you fall. It is your smartness and wisdom. It is all these spirituality thing that is making Nigeria not to progress

11 Likes

Re: Treasury Bills In Nigeria by Nobody: 11:24pm On Jun 18, 2019
Jobac:

I don't have direct experience with MFB and I don't want to have. Thanks for the offer.
No problem.you welcome sir

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