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Treasury Bills In Nigeria - Investment (1479) - 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 ojesymsym: 11:08am On Aug 10, 2020
Today is 10th, any update. I can find any info on it on the DMO website.
TotoNaRubber:
Anyone interested in this bond with possible idea of coupon rates and tenure?
Re: Treasury Bills In Nigeria by TotoNaRubber: 12:30pm On Aug 10, 2020
Yes this is the rate, not looking good.

ojesymsym:
Today is 10th, any update. I can find any info on it on the DMO website.

1 Like

Re: Treasury Bills In Nigeria by ojesymsym: 12:50pm On Aug 10, 2020
Hmmm, Ahib go beat me if I invest at this rate.
Good for the nation though.

Thanks a lot. But how do you guys navigate that DMO site, things are not intuitive there as one would expect.
TotoNaRubber:

Yes this is the rate, not looking good.

Re: Treasury Bills In Nigeria by emmasoft(m): 12:58pm On Aug 10, 2020
ojesymsym:
Hmmm, Ahib go beat me if I invest at this rate.
Good for the nation though.

Thanks a lot. But how do you guys navigate that DMO site, things are not intuitive there as one would expect.

Join the VGIF bus at 7.5%; there are many vacant seats, the bus can take everyone and it's slow and steady.
Re: Treasury Bills In Nigeria by ojesymsym: 1:01pm On Aug 10, 2020
I am there already boss. I use that for a different purpose.
emmasoft:


Join the VGIF bus at 7.5%; there are many vacant seats, the bus can take everyone and it's slow and steady.
Re: Treasury Bills In Nigeria by chigo4u: 1:21pm On Aug 10, 2020
Anyone here investing in Risevest or others? How are the returns and how safe is it? I see the owner is a young chap
Re: Treasury Bills In Nigeria by chigo4u: 1:22pm On Aug 10, 2020
juniorrate:
Please is it possible for those fund manager like Stanbic ibtc asset management,fnbquest Asst Managament,Investment-one and their like to vanish with investors fund or should the SEC just merge them similar like what happened to skye Bank
I don’t think so especially with the big players but what’s your reason for asking
Re: Treasury Bills In Nigeria by emmasoft(m): 1:34pm On Aug 10, 2020
ojesymsym:
I am there already boss. I use that for a different purpose.

OK good. You will get to destination safely.
There are more seats. Others can join and enjoy the ride.
Re: Treasury Bills In Nigeria by NL1960: 2:03pm On Aug 10, 2020
emmasoft:


Join the VGIF bus at 7.5%; there are many vacant seats, the bus can take everyone and it's slow and steady.

I don dey take style look this VGIF. My TB matures on August 27. 2020. Might consider moving the funds to it.
Re: Treasury Bills In Nigeria by rationalhuman(m): 2:05pm On Aug 10, 2020
There are plenty who are doing good after getting education abroad, cite them as well. Money spent on education never goes in waste.

ahiboilandgas:
am an investor so the only word i know is return on investment......several boys in my area travel to india to study they are all back applying for Npowers ,govt jobs ,some selling phones .....while their counterpart that went to canada and America are all working in their fields of study and getting research grants to futher into phds .......so Nigeria state should aim for Nations with good r.o.i
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:10pm On Aug 10, 2020
rationalhuman:
There are plenty who are doing good after getting education abroad, cite them as well. Money spent on education never goes in waste.

says who? 4 m Nigerian educated people are hustling Npower up and down abroad get level , mushroom universities full Malaysia and India plus that yeye university for cotonu ....money spent on learning a demand skill never goes to waste rather .....federal govt jobs are now for sale to highest bidder or connected the ibo apprentice system has produced more millionaires than All Nigeria univesrities combine plus there benin republic counterpart....it has created more livelyhood

8 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 2:18pm On Aug 10, 2020
rationalhuman:
There are plenty who are doing good after getting education abroad, cite them as well. Money spent on education never goes in waste.

the once that when to America,canada uk ,Austrilia are doing well .....the once that when to contonu,Niger and sudan are all back in Nigeria .......like faruk that when to america with Hnd now phd holder in electronic and working in Microsoft while usman graduted with a phd in civil engineer ing from petronas univesrty Malaysia is back at 42 years we are trying to get him a lecturing job in a federal univesity

3 Likes

Re: Treasury Bills In Nigeria by ojesymsym: 2:20pm On Aug 10, 2020
Personally, I struggle to justify the rationale behind removing somebody from the farm or family business and give him ministry job to just be speaking English with no productivity. Education is supposed to improve the crude way of doing the things you were doing not just seat down and wait for salary.
That apprentice system should instead be adopted as an educational model. It is really hard to explain to people but it is the truth.
A farmer's children should be allowed to continue farming and combined with schooling. Then, he should be guided towards finding ways to help improve the existing system on ground.

ahiboilandgas:
says who? 4 m Nigerian educated people are hustling Npower up and down abroad get level , mushroom universities full Malaysia and India plus that yeye university for cotonu ....money spent on learning a demand skill never goes to waste rather .....federal govt jobs are now for sale to highest bidder or connected the ibo apprentice system has produced more millionaires than All Nigeria univesrities combine plus there benin republic counterpart....it has created more livelyhood

9 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 2:32pm On Aug 10, 2020
ojesymsym:
Personally, I struggle to justify the rationale behind removing somebody from the farm or family business and give him ministry job to just be speaking English with no productivity. Education is supposed to improve the crude way of doing the things you were doing not just seat down and wait for salary.
That apprentice system should instead be adopted as an educational model. It is really hard to explain to people but it is the truth.
A farmer's children should be allowed to continue farming and combined with schooling. Then, he should be guided towards finding ways to help improve the existing system on ground.

a farmer child is suppose to evolve to an agricultural firm that can can covert raw milk to dairy in shelfs of supermarkets........all my ibo friends (from Anambra)we went to university together never never suffered unemployments .....like other ethnic groups...

3 Likes

Re: Treasury Bills In Nigeria by ojesymsym: 2:33pm On Aug 10, 2020
Australia has closed her border, why would you want to trap 20K USD to a school that you cannot go to anytime soon? I don't understand the rush or is there something else?
Ikjosh04:
Ok, thank you!

Re: Treasury Bills In Nigeria by ojesymsym: 2:38pm On Aug 10, 2020
Exactly. Our copy of the educational system of the west in not really the best. You can teach a child 1,2,3 by asking him to count the number of goats or chicken or eggs in the farm, all na still education.
For English, the student can write a report of his experience in the farm or something. Practical education is what we need.

The model of school in my head that I hope to open soon is a school that is run as a company where the teachers must be able to practicalize what they plan to teach. The school will be both a service provider and a school, the students will learn by helping in part of the service delivery. With that kind of model, the school will be an income generating school to the extent that you can even offer free eduation.

ahiboilandgas:
a farmer child is suppose to evolve to an agricultural firm that can can covert raw milk to dairy in shelfs of supermarkets........all my ibo friends (from Anambra)we went to university together never never suffered unemployments .....like other ethnic groups...

1 Like

Re: Treasury Bills In Nigeria by NL1960: 2:41pm On Aug 10, 2020
ahiboilandgas:
says who? 4 m Nigerian educated people are hustling Npower up and down abroad get level , mushroom universities full Malaysia and India plus that yeye university for cotonu ....money spent on learning a demand skill never goes to waste rather .....federal govt jobs are now for sale to highest bidder or connected the ibo apprentice system has produced more millionaires than All Nigeria univesrities combine plus there benin republic counterpart....it has created more livelyhood

What do people see in a cotonou university?. The person should rather go to a private university here in Nigeria instead of a university in cotonou.
Re: Treasury Bills In Nigeria by NL1960: 2:44pm On Aug 10, 2020
ojesymsym:
Exactly. Our copy of the educational system of the west in not really the best. You can teach a child 1,2,3 by asking him to count the number of goats or chicken or eggs in the farm, all na still education.
For English, the student can write a report of his experience in the farm or something. Practical education is what we need.

The model of school in my head that I hope to open soon is a school that is run as a company where the teachers must be able to practicalize what they plan to teach. The school will be both a service provider and a school, the students will learn by helping in part of the service delivery. With that kind of model, the school will be an income generating school to the extent that you can even offer free eduation.


One traditional ruler in SW has done this. A video of the school circulated on the internet some months ago. The students work on the school farm and produce what they eat. The school is full boarding and it is free.
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:45pm On Aug 10, 2020
NL1960:


What do people see in a cotonou university?. The person should rather go to a private university here in Nigeria instead of a university in cotonou.
all na abroad for Nigerians wasting forex
Re: Treasury Bills In Nigeria by ojesymsym: 2:47pm On Aug 10, 2020
I have a recollection of seeing that. It can even be taken a step further by having a school that is primarily a computer science, programming, ICT school with innovation artificial intelligence solutions.
NL1960:


One traditional ruler in SW has done this. A video of the school circulated on the internet some months ago. The students work on the school farm and produce what they eat. The school is full boarding and it is free.

Re: Treasury Bills In Nigeria by ojesymsym: 2:48pm On Aug 10, 2020
Jamb is the major reason for such schools. usually people who do not want too much wahala with JAMB
NL1960:


What do people see in a cotonou university?. The person should rather go to a private university here in Nigeria instead of a university in cotonou.
Re: Treasury Bills In Nigeria by rationalhuman(m): 2:55pm On Aug 10, 2020
Can`t argue on that with you as it depends from where you got your Degree and skills.

But most of the fellas studied with me are doing very well.

ahiboilandgas:
the once that when to America,canada uk ,Austrilia are doing well .....the once that when to contonu,Niger and sudan are all back in Nigeria .......like faruk that when to america with Hnd now phd holder in electronic and working in Microsoft while usman graduted with a phd in civil engineer ing from petronas univesrty Malaysia is back at 42 years we are trying to get him a lecturing job in a federal univesity
Re: Treasury Bills In Nigeria by NL1960: 2:59pm On Aug 10, 2020
ojesymsym:
Jamb is the major reason for such schools. usually people who do not want too much wahala with JAMB

Not really true. The private universities have the capacity to absorb what FG and State University cannot absorb through JAMB. Maybe the universities in Cotonou are way cheaper than the private universities in Nigeria.
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:59pm On Aug 10, 2020
rationalhuman:
Can`t argue on that with you as it depends from where you got your Degree and skills.

But most of the fellas studied with me are doing very well.

it not personalised to u or u friends....am looking at the 4.8m that applied for Npower...
Re: Treasury Bills In Nigeria by Pee2Jay9: 3:05pm On Aug 10, 2020
Dear @justwise, kindly end this thread or rename it, and please start one which will be strictly on investment avenues available in Nigeria. Thanks

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 3:08pm On Aug 10, 2020
A nigerian from a humble background got a Soviet state scholarships to study pharmaceutical production (chemist) in the 85 ....baam after 8 years of schooling and returning to Nigeria he founded Asad pharmaceutical drug production company they now produces,Panadols ,syrups and several other medicine he now employs over 300 people and revenue has exceed 1bn annually....this man has transformed his generation from mud houses to duplexs from peanseant to middle class he has assisted the community by employing over 70 graduates with fair salaries above npower , he has also help the state by paying taxes and csr .....this the type of foreign education we need to spend our forex on ...clear return on investemt ....

8 Likes 1 Share

Re: Treasury Bills In Nigeria by emmasoft(m): 3:12pm On Aug 10, 2020
NL1960:


I don dey take style look this VGIF. My TB matures on August 27. 2020. Might consider moving the funds to it.

Please do and you be happy you did.
While waiting for the maturity of your Tbills you can open VGIF account by clicking the link on my signature, you don't need cash to open account and it can be funded anytime.

1 Like

Re: Treasury Bills In Nigeria by NL1960: 3:31pm On Aug 10, 2020
emmasoft:


Please do and you be happy you did.
While waiting for the maturity of your Tbills you can open VGIF account by clicking the link on my signature, you don't need cash to open account and it can be funded anytime.

I tried out the account opening process last week in order to know the KYC requirements. I have started gathering the requirements. How will the account be funded?.
Re: Treasury Bills In Nigeria by abraolas1: 3:58pm On Aug 10, 2020
Pee2Jay9:
Dear @justwise, kindly end this thread or rename it, and please start one which will be strictly on investment avenues available in Nigeria. Thanks

if only you can look between the lines ....there is a bit of investment in all the discussions so far...

thanks

14 Likes

Re: Treasury Bills In Nigeria by abraolas1: 3:59pm On Aug 10, 2020
Hi all
any info about the FGN savings Bond ??
Re: Treasury Bills In Nigeria by emmasoft(m): 4:07pm On Aug 10, 2020
NL1960:


I tried out the account opening process last week in order to know the KYC requirements. I have started gathering the requirements. How will be the account be funded?.
After you finish registration, an acknowledgment mail will be be sent to you; there after within 48hrs your account details which contains
1. Your customer number
2. Account details of investment one to fund your VGIF it's normally citibank
3. Another account officer to add to me as a sales rep
will be sent to your registered mail.
With that you are good to go. Of course I'm always available for any assist.
By the way I hope you used my link o. That is the only way to help my ministry.

4 Likes

Re: Treasury Bills In Nigeria by NL1960: 4:13pm On Aug 10, 2020
emmasoft:

After you finish registration, an acknowledgment mail will be be sent to you; there after within 48hrs your account details which contains
1. Your customer number
2. Account details of investment one to fund your VGIF it's normally citibank
3. Another account officer to add to me as a sales rep
will be sent to your registered mail.
With that you are good to go. Of course I'm always available for any assist.
By the way I hope you used my link o. That is the only way to help my ministry.

The testing i did was done from Investment One website and not from the link on your profile. When iam ready to open it, i will probably go through the link on your profile. You have done enough hard work here on this product to get your reward for it. I want to remain as anonymous as possible on any faceless forum. That is why i normally do not like going through links on profiles but prefer to go through the website.

2 Likes

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