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Treasury Bills In Nigeria - Investment (988) - Nairaland

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Re: Treasury Bills In Nigeria by OgogoroFreak(m): 8:47pm On Dec 07, 2019
MrMcJay:


Okay, that's not his friend, it is his enemy.

"Might, Maybe, If". I'm telling you raw first hand facts and you're guessing what may have been. Someone that told me the reason he chose the University he attended in the East was so that he could be getting free food from his uncle's house cos they wouldn't give him money after paying his fees. That's the person you're saying had the money to rent house in Lagos.

Bros, stop helping that guy look for excuses where there are none.

I have a Nairalander who was posted to Lagos as a corper. She stayed in the RCCG family house at Yaba, later she saved and got a small students bed space in Yaba. Today, she's running 2 jobs in Lagos and I'm very proud of her of maximising little opportunities.

If everyone starts telling you their stories, you go hear, your ears go full.
people getting food does not necessarily mean that they don't have money for food. Have you ever seen someone who paid school fees, buy textbooks and die of starvation? I was also getting free food anyway possible while I was in school. That doesn't mean my account balance was zero Naira.

I am not helping him make excuses. I am helping him use his senses.

When people tell their success stories, listen with your senses intact. Dangote moved to hustle in Lagos, Do you think his billionaire uncle would leave him to wander the streets of Lagos broke if he failed?
I have seen a billionaire son beating his chest telling stories of how he is a selfmade multi millionaire. Smh

There are many igbo men that traveled abroad to hustle legitimately but failed but due to the shame of coming back empty handed and nothing to fall back on, they go into drugs dealings and other dirty crimes, many succeeded but many also got caught and rotting in jailed if not killed.
Re: Treasury Bills In Nigeria by ojesymsym: 9:07pm On Dec 07, 2019
Chaiii, see what TB rates has turned this thread to.

2 Likes

Re: Treasury Bills In Nigeria by eniorisha(m): 9:39pm On Dec 07, 2019
ojesymsym:
Chaiii, see what TB rates has turned this thread to.


My boss, nah wetin TB crash caused be dt o. We are learning anyway; From either sides. My side & Ahiboilandgas & co positions. In fact, almost what he & those who share his stand views are very correct & realistic. It's just dt I'm a kind of a passive person. Probably, a little push in anyway. It's just my nature.
Re: Treasury Bills In Nigeria by eniorisha(m): 9:48pm On Dec 07, 2019
OgogoroFreak:
people getting food does not necessarily mean that they don't have money for food. Have you ever seen someone who paid school fees, buy textbooks and die of starvation? I was also getting free food anyway possible while I was in school. That doesn't mean my account balance was zero Naira.

I am not helping him make excuses. I am helping him use his senses.

When people tell their success stories, listen with your senses intact. Dangote moved to hustle in Lagos, Do you think his billionaire uncle would leave him to wander the streets of Lagos broke if he failed?
I have seen a billionaire son beating his chest telling stories of how he is a selfmade multi millionaire. Smh

There are many igbo men that traveled abroad to hustle legitimately but failed but due to the shame of coming back empty handed and nothing to fall back on, they go into drugs dealings and other dirty crimes, many succeeded but many also got caught and rotting in jailed if not killed.

That's exactly my point. It's just as if I had no one around me. Right from when I was growing up. Most people should concern only when they hear one suffers great calamities, losses or death.

People close were so mean & heartless to my siblings while growing up dt I almost dropped out of secondary school because of N150 subsidized school fees in d mid 1990s and late 1990s. With all that experience & what I went through on d street, those who's been there will understand my "cowardice".
Re: Treasury Bills In Nigeria by Adiwana: 10:39pm On Dec 07, 2019
ojesymsym:
But, is there really no hope in the villages or other towns apart from Lagos, pH, Abuja and to a lesser degree Kano? My principle is that everyone cannot be in Lagos we can see that from the congession in the city. Even China de complain say everyone wan go stay Shanghai. But in the book Acre of Diamond, it says if you look around your environment you can find that niche that you can compound to etch a living for yourself.
There are very many people in Lagos who live their life on hope when they probably would have been more productive in other smaller cities or towns.

There's no environment without opportunities.People are making it big in Nigeria and are building houses left right center in the same country everybody is running away from.The problem is the level of opportunity.Many people make it more outside the country than inside.

Villages are highly limited in a lot of things than cities.Good accessible roads,water etc.The people that still tap the goldmine of this villages are still the rich.Some folks that are rich have their own farms and poultries in this villages which they make their proceeds and now come sell in the city.Due to cheaper lands and labour,they easily explore it to the fullest.But as your everyday hustler,you won't make it more there because nobody is really ready to pay you as much as you want so you have to come into an environment where you need to get paid well and unfortunately this environment is very well competitive

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 1:11am On Dec 08, 2019
Landlord tenant wahala: my tenant been chasing me with cops. Been invited for Monday officially since they couldn't get me on the weekend to make me spend weekend in cell. Got wind of their plans. Summary of events, rent over due. Ask to leave, not discussing after expiration, frame me that I lock her inside, police working on illegal detention. Thanks for reading

6 Likes

Re: Treasury Bills In Nigeria by IamR: 6:27am On Dec 08, 2019
Barrytone:
Landlord tenant wahala: my tenant been chasing me with cops. Been invited for Monday officially since they couldn't get me on the weekend to make me spend weekend in cell. Got wind of their plans. Summary of events, rent over due. Ask to leave, not discussing after expiration, frame me that I lock her inside, police working on illegal detention. Thanks for reading
This is unbelievable! It should be the other way round. I think you should get your lawyer to handle this matter.

2 Likes

Re: Treasury Bills In Nigeria by healthserve(m): 7:23am On Dec 08, 2019
alexvic12:




Hello sir, can we interact more on this platform? I'd love to learn from you. I'm currently serving and I would love to learn how to make more income. Thanks.


Create a thread on a completely free section and quote me there. I'll be more than willing to impact and share some knowledge ( Public discussion only please )

1 Like

Re: Treasury Bills In Nigeria by healthserve(m): 7:25am On Dec 08, 2019
OgogoroFreak:
Can everybody be rugged on the street? Some people have gentle nature and they have been like that all their life.

I'm not against people trying things out but I don't advice anyone to try something completely new to them with their life savings cos when you loss all and need help, that's when you'll know that almost all the contacts you have as friends are useless!


Hahahahaha Super strong points elder


Good Morning

1 Like 1 Share

Re: Treasury Bills In Nigeria by healthserve(m): 7:27am On Dec 08, 2019
OgogoroFreak:
Job is never guaranteed for anybody. There are millions of graduates who have been searching for about 5 years now.

You talked about him buying Keke and renting an 80k house in ajah. How secured would that house be? Where is he going to be parking that Keke? Hope, you know everyone eyes dey red in Lagos sha?

There are many people with such funny believe that use their life savings to travel abreand today, they don't even have flights money to comeback home.

An uber driver almost committed suicide after using his life savings to rent a small house, buy corolla and it was stolen from where he parked it outside his house less than 3months.

My point exactly is, make sure you have a good backup when all fails cos you might not be far from suicide.



As an elder indeed, you see things from a myriad of angles. Nice one. There's no time to type jare. Brilliant counter to my points. Very intelligent disagreement I must say


I took notes BTW.. wink
Re: Treasury Bills In Nigeria by thebargainhunte: 8:28am On Dec 08, 2019
I believe this is no longer TB section,it is now counselling section. I will soon bring my own problems and table it before our honourable counsellors.

8 Likes

Re: Treasury Bills In Nigeria by alexvic12: 9:11am On Dec 08, 2019
healthserve:



Create a thread on a completely free section and quote me there. I'll be more than willing to impact and share some knowledge ( Public discussion only please )

Thanks sir. I'll do so now..,
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:14am On Dec 08, 2019
thebargainhunte:
I believe this is no longer TB section,it is now counselling section. I will soon bring my own problems and table it before our honourable counsellors.
there is notting bad in it ...its interactive and we are an investment family and community

21 Likes

Re: Treasury Bills In Nigeria by Emmaesty(f): 9:20am On Dec 08, 2019
ahiboilandgas:
there is notting bad in it ...its interactive and we are an investment family and community
Then we should consider renaming the thread to fit this cause imagine someone who is confused about Tbills visits this thread, what will the person see? Stories on real estate, bonds and the likes not TBills

Maybe the name of the thread should be: Investing in Nigeria

4 Likes

Re: Treasury Bills In Nigeria by zamirikpo(m): 9:26am On Dec 08, 2019
ahiboilandgas:
there is notting bad in it ...its interactive and we are an investment family and community

Yessoo, we are in a commercial break at the moment , after all nothing new has happened.
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:26am On Dec 08, 2019
Emmaesty:
Then we should consider renaming the thread to fit this cause imagine someone who is confused about Tbills visits this thread, what will the person see? Stories on real estate, bonds and the likes not TBills

Maybe the name of the thread should be: Investing in Nigeria
do u have stats....80 percent of the thread is on tb...

3 Likes

Re: Treasury Bills In Nigeria by Grupo(m): 9:29am On Dec 08, 2019
There is nothing wrong in talking about other things once in a while.

You can simply skip posts that you don't vibe with.

13 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:33am On Dec 08, 2019
zamirikpo:


Yessoo, we are in a commercial break at the moment , after all nothing new has happened.
like say make i swear for emefele....rates must be above inflation ....now their last omo was undersubcrib...by 150bn instead destroying local participants..but forgetting that some nigerian abroad sent in dollars to be changed to naira and invest in tb....who told him it only oyinbo dey send money to nigeria ...nigerians sent in around 28bn dollars yearly more than the oyinbo dollars chasing ....

2 Likes

Re: Treasury Bills In Nigeria by healthserve(m): 9:40am On Dec 08, 2019
ahiboilandgas:
like say make i swear for emefele....rates must be above inflation ....now their last omo was undersubcrib...by 150bn instead destroying local participants..but forgetting that some nigerian abroad sent in dollars to be changed to naira and invest in tb....who told him it only oyinbo dey send money to nigeria ...nigerians sent in around 28bn dollars yearly more than the oyinbo dollars chasing ....



Okay, the points are spot on. But why should Emefiele take the fall/hits all by himself? Is he acting completely out of his self interest?


The CBN/Finance ministry in Nigeria isn't entirely as independent as of saner climes, so why does the hammer have to fall on his head every time..

1 Like

Re: Treasury Bills In Nigeria by ojesymsym: 10:28am On Dec 08, 2019
Hazard of being a house owner. Nigerians too like wahala.

Barrytone:
Landlord tenant wahala: my tenant been chasing me with cops. Been invited for Monday officially since they couldn't get me on the weekend to make me spend weekend in cell. Got wind of their plans. Summary of events, rent over due. Ask to leave, not discussing after expiration, frame me that I lock her inside, police working on illegal detention. Thanks for reading
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:30am On Dec 08, 2019
healthserve:




Okay, the points are spot on. But why should Emefiele take the fall/hits all by himself? Is he acting completely out of his self interest?


The CBN/Finance ministry in Nigeria isn't entirely as independent as of saner climes, so why does the hammer have to fall on his head every time..
he makes the announcements .he should concentrate on the disapora dollars inflow converted to naira and invested in tb ..one it mature nigerian aboard wipl not wire the funds back to america again they spend in naira building houses ,mall,helping family hereby stimulating the economy and defending the value of naira

1 Like 1 Share

Re: Treasury Bills In Nigeria by healthserve(m): 11:47am On Dec 08, 2019
ahiboilandgas:
he makes the announcements .he should concentrate on the disapora dollars inflow converted to naira and invested in tb ..one it mature nigerian aboard wipl not wire the funds back to america again they spend in naira building houses ,mall,helping family hereby stimulating the economy and defending the value of naira


Bruhahahahaha What a cheap way to bail yourself out elder. grin grin grin My belle o.


Let's cut these guys some slack abeg

Oh and thanks to all the diasporans. Financial figures in the past few years keeps reflecting higher inflows which ultimately impacts on development directly or indirectly.

1 Like

Re: Treasury Bills In Nigeria by drotba(m): 12:47pm On Dec 08, 2019
OgogoroFreak:
The guy has just 500k savings. Where is he going to stay when he gets to lagos? Rent a house and buy basic things in it. How much would be left for him to survive till he gets reasonable thing doing in Lagos? There are millions of people already in Lagos and trying different things just to be financially free to no avail.

Honestly, getting funny inspiration from those that succeeded is not enough o. What about the millions that tried and failed? We are built differently. What works for me, might not work for you.

I ran into my secondary school best friend in lekki job hunting and I decided to help him. I taught him my business and how to run it from importation and all. I even gave him important contacts and a million naira to start small which he did but guess what? Within a year, everything went underground! shocked


Boss please is there a way we could discuss off this forum
I will appreciate that. Thank you
Re: Treasury Bills In Nigeria by SMJay: 1:08pm On Dec 08, 2019
Get a lawyer ASAP.
Barrytone:
Landlord tenant wahala: my tenant been chasing me with cops. Been invited for Monday officially since they couldn't get me on the weekend to make me spend weekend in cell. Got wind of their plans. Summary of events, rent over due. Ask to leave, not discussing after expiration, frame me that I lock her inside, police working on illegal detention. Thanks for reading
cc
Dirkcoyt and frozen70
Re: Treasury Bills In Nigeria by Dirkcoyt: 2:28pm On Dec 08, 2019
SMJay:
Get a lawyer ASAP.cc
Dirkcoyt and frozen70

Why did I get this mention man?

1 Like

Re: Treasury Bills In Nigeria by igbizen(m): 2:32pm On Dec 08, 2019
ahiboilandgas:
that not a justification not to hustle your way up the last timw my dad gave me any money what so ever was in 2003 and my mum 2005 before service so basically ..must nigeria gradutes hustle there way up only a few from billionaire families
I almost got killed twice while I was traveling on night bus going to Lagos for job interview. Then I was a teacher receiving 12k - my colleagues then will be like “what is wrong with this guy, using his salary to transport for job interviews. The very last trip was deadly. I had to sleep in the bush for hours when arm robbers attacked. I still got to Lagos in the morning and did the interview - Got the job (about 40k). Almost the same time my dad was retrenched. I had two younger brothers reading medicine then. O boy life was not funny o. I almost enter yahoo yahoo. But I didn’t relent, I pushed harder and got a better job and here we are. Two younger brothers are certified medical doctors now. Life is about leaving ur comfort zone. As I speak my colleagues in the school I taught are still there receiving not up to 20k salary - they have refused to leave their comfort zone.

21 Likes

Re: Treasury Bills In Nigeria by frozen70(f): 3:12pm On Dec 08, 2019
Dirkcoyt:


Why did I get this mention man?

What do you want from frozen ❓

1 Like

Re: Treasury Bills In Nigeria by OgogoroFreak(m): 3:28pm On Dec 08, 2019
Emmaesty:
Then we should consider renaming the thread to fit this cause imagine someone who is confused about Tbills visits this thread, what will the person see? Stories on real estate, bonds and the likes not TBills

Maybe the name of the thread should be: Investing in Nigeria
Is there something else about tbills that has not been said? Or you want the thread to die when there is nothing to say about tbills again?

10 Likes

Re: Treasury Bills In Nigeria by Just2endowed2(m): 3:54pm On Dec 08, 2019
Mmf vs tb.

From my investigation mmf rate is higher
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:37pm On Dec 08, 2019
zamirikpo:


Yessoo, we are in a commercial break at the moment , after all nothing new has happened.

Non TB related topics can be discussed on weekends.

I have a stock market investment WhatsApp group, which focused on investment generally but with a bias for the stock market. But weekends are free days when we discuss as the spirit directs.

2 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 4:44pm On Dec 08, 2019
emmanuelewumi:


Non TB related topics can be discussed on weekends.

I have a stock market investment WhatsApp group, which focused on investment generally but with a bias for the stock market. But weekends are free days when we discuss as the spirit directs.
will.like to join the wasup group
Re: Treasury Bills In Nigeria by freeman67: 4:55pm On Dec 08, 2019
emmanuelewumi:


Non TB related topics can be discussed on weekends.

I have a stock market investment WhatsApp group, which focused on investment generally but with a bias for the stock market. But weekends are free days when we discuss as the spirit directs.
Is there a link to the group or how do intending members join?

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