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InvestmentRe: Treasury Bills In Nigeria by skydiver01: 10:17pm On Nov 10, 2021
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 10:13pm On Nov 10, 2021
Few centuries? It has started already in many automated manufacturing facilities in Europe and Asia including China. E.g. over the last 30 years, 70% of the human labour assembly components of vehicles have disappeared (now automated with robots). And there are other examples too like automated warehousing logistics, package deliveries by drones etc etc.

LordAdam16:
No b everybody head fit carry am.

.....following paragraphs deleted to reduce space...

When all is said and done, over the next few centuries, the Western elite are going to have robots do most of the thankless, unskilled and low-skilled jobs; have a well-paid professional class keep things running smoothly; and place the average Joe and Jane on a blend of welfare packages comprising Universal Basic Income, Unemployment Benefits, Child Credit, free necessities (education, health care) et cetera.


Already, France has an annual federal budget of circa €650 billion but spend a whopping €500 billion on welfare across all levels of government. This is in a country of 68 million people where more than 50% of the population do not pay income tax.

-Lord
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 10:39am On Nov 10, 2021
One of Buffett's investment advice....

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 9:46am On Nov 10, 2021
Quite right. Seconded. Many will be disappointed. History repeats itself wink

Lazyyouth4u:
It’s not about working in the US. Anybody can claim to have worked in the US. Ask him what he did in the US before coming to Nigeria to start taking money from people in the name of investing. Nigerians need to start doing better DD.

I pity those people giving their money to people to invest without doing full DD on those people. Premium tears loading….
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 4:09pm On Nov 05, 2021
Lets hope the right time occurs in our lifetime wink
mymadam:
Yes, AND... at the right time smiley
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 10:21am On Oct 30, 2021
Kindly find below.
yinkaoke:
Hello
Please what is the treasury bill auction result of yesterday?
Thanks

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 1:37pm On Oct 19, 2021
Correct & Noted.
davit:
The website has been shut down. Not loading anymore.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 1:17pm On Oct 18, 2021
No reference to SEC licence on their website....

https://imaginelenders.com/aboutus/

richforever123:
I heard IMG had an SEC licence

I want to move my money away from Fintech into a proper mutual fund, can anyone suggest a good Mutual Fund and what I should look out for the Fact Sheets, because these FIntechs do not have Fact Sheets, Custodians and all that
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 1:09pm On Oct 18, 2021
Unfortunately Yes embarassed embarassed embarassed
ojesymsym:
As this one de happen, another one de plan to open next year, another set of investors go still line up to put their money inside.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 11:03am On Oct 18, 2021
Kindly find below.
yinkaoke:
Hello house, please someone should help with last week treasury bill PMA rates.
Thank you

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 10:02am On Oct 18, 2021
Word/Gbam.
emmanuelewumi:
Return of my money is more important
InvestmentRe: Treasury Bills In Nigeria by skydiver01:
Can be viewed as such I imagine. But from my experience a lot of African governments and nations do understand how modern monetary systems work. However, because they are motivated by ill gotten gains & rent seeking (corruption) they choose to kick the can down the road by borrowing more. Stupidly they do not realize it will backfire in future... Even if they japa out of the country with the ill gotten gains, it catches up with them (Ibori, Diezani etc). Life is truly simple, many idiots just choose to make it complicated for themselves and make other innocent hard working peolple victims.

jedisco:
Alot of African nations fail to understand how the modern monetary system works....hence they are at the bottom of it...
Sadly its a system that if you're not at the top, then you're at the bottom and being ripped off... Modern colonisation all over again
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 12:18pm On Oct 07, 2021
https://meffyfx.com/

LagosInter:
PLEASE ANY OTHER WEBSITE TO CHECK DOLLAR PRICE? like abokifx?
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 12:18pm On Oct 07, 2021
That is not the correct website.
NgHotGirls:
Meffy.com
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 1:28pm On Oct 01, 2021
Correct & Seconded wink
ibechris:
As an estate surveyor, i don't think that the best investment in is rental business. 40% of people invest their money in real estate just for status,why some invest for the other reason best known to them.

Interestingly,without being biased,I think for the longterm gains,real estate might be good and the best but for short term gains,I will advice that treasury bill,bonds and fixed income investments are the best when compare to real estate investment.

The most herculean part of real estate is the aspect of rent collection and maintenance. But with others u don't have to wait to maintain anything nor wait for too long to get ur interest or gains,hence my reason why I settled for bonds,tbill and fixed income.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 9:09pm On Sep 30, 2021
Interesting Banks H1 results

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 6:53pm On Sep 30, 2021
Correct and seconded wink
Afromentalist:
What they are subtly telling you is , 95% of agrotech are conscious or bona fide scams. The remaining 5% are scams too but that are yet to happen. Scams in the making kind of.
Do not invest unless you are a gambler.

Instead educate yourself financially to learn to identify real investment opportunities. Remember, slow and steady wins the wealth race.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 12:16am On Sep 30, 2021
NTB auction results for 29 Sept 2021.

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 4:04am On Sep 28, 2021
Excellent. Enjoy. wink
emmanuelewumi:
FGN March 2050 coupon paid
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 12:52am On Sep 25, 2021
Plus I assume you are aware China already has its own digital Yuan (digital currency) eCNY

Biafran4life:
Pls what is the name of the dumbass handling the affairs of Bank of china.How can he come out with such policy for a country of over a billion people,with over 3 trillion dollars reserve and when everything is pointing towards digital currency.He needs to be sacked
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 9:49pm On Sep 24, 2021
Now you are going too far. Don't compare Nigeria to China!!! angry

Biafran4life:
Pls what is the name of the dumbass handling the affairs of Bank of china.How can he come out with such policy for a country of over a billion people,with over 3 trillion dollars reserve and when everything is pointing towards digital currency.He needs to be sacked
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 1:17pm On Sep 24, 2021
grin grin grin
Biafran4life:
Why are you posting this?You forgot Nigeria CBN governor is clueless and dumb.He is the reason naira is failing because all this his ban
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 12:38pm On Sep 24, 2021
Bitcoin and ethereum sink as China intensifies crackdown on cryptocurrencies
PUBLISHED FRI, SEP 24 20216:36 AM EDT UPDATED 17 MIN AGO

- The price of bitcoin fell 6% to $42,081, according to Coin Metrics data.

- Ethereum, the second-largest digital currency, fell 10% to $2,834.

- It comes after the People’s Bank of China said all crypto-related activities are illegal.

https://www.cnbc.com/2021/09/24/bitcoin-ethereum-sink-as-china-intensifies-crypto-crackdown.html
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 12:34pm On Sep 24, 2021
China’s central bank says all cryptocurrency-related activities are illegal, vows harsh crackdown
PUBLISHED FRI, SEP 24 20215:36 AM EDT UPDATED 11 MIN AGO

-The People’s Bank of China said services offering trading, order matching, token issuance and derivatives for virtual currencies are strictly prohibited.

-Overseas cryptocurrency exchanges providing services in mainland China are also illegal, the PBOC said.

-It’s not the first time China has gotten tough on cryptocurrencies. Earlier this year, Beijing announced a crackdown on crypto mining.

https://www.cnbc.com/2021/09/24/china-central-bank-vows-harsh-crackdown-on-cryptocurrency-industry.html
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 10:07pm On Sep 19, 2021
That makes sense re: inflation rate. I also cannot understand CBN's actions besides trying to reduce the cost of governments borrowing.
bjtinz:
Yeah, it's likely.

Honestly I don't know why CBN doesn't increase rates to at least double digit (personally I think rates should be 13-15%, ie close to the inflation's)

That way, it would at least stem some of the mad rush for dollars.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 7:39pm On Sep 19, 2021
Subscription to last week's NTB auction (15 Sept) certainly reduced. I wonder if it was because of panic dollar buying.....hmmm

InvestmentRe: Treasury Bills In Nigeria by skydiver01:
Tobex4realTobex234:
They have come for Abokifx..
Very Unfortunate.

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 8:48pm On Sep 09, 2021
Foodempire:
Kindly furnish us with the Tbs auction results of yesterday, thanks.

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 9:29pm On Aug 25, 2021
Today's NTB auction result below.

InvestmentRe: Treasury Bills In Nigeria by skydiver01: 9:00pm On Aug 17, 2021
Noted.
emmanuelewumi:
The 2036 was in the first table sent to me by Stanbic IBTC Bank
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 7:07pm On Aug 17, 2021
The beauty of diversification wink

PresidentBuhari:
Thé power of the dollar to Naira
It is incredible how Naira has lost value, I just checked the USD I bought at N370/$ has gained over 41% against the Naira since March 2020 till date.

Meanwhile Sukuk bought at 11.2% interest hasn't even done 3% and it matures 2027.
InvestmentRe: Treasury Bills In Nigeria by skydiver01: 7:05pm On Aug 17, 2021
True but the 2036 is not offered to purchase or sell in the table below thus not available at this time from Stanbic.

People sometimes choose to sell at a discount when they wish to use the funds for something else. For example some may simply decide to sell some FGN bonds to invest in FX earning assets (USD, EURO, YUAN etc) or some other asset class.


emmanuelewumi:
Thank you for the explanation, he should be able to get roughly 19,500. I gave allowance for the commission and other charges

But why selling at a discount.


From Stanbic IBTC Stockbrokers.


The bank has a better yield

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