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Treasury Bills In Nigeria - Investment (1547) - Nairaland 10572p

Treasury Bills In Nigeria (5069983 Views)

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4tunebest(f): 3:55pm On Sep 16, 2020
edoman2016:
some picture of our machinery. The juice extractor, the boiler, hydraulic press and bottling machine

Send a mail (your proposal for the required investment) to [email protected].

Please don't waste either of our time if this isn't genuine. I am a food industry professional with over a decade of practical experience (in and outside Nigeria) and would leave no stone unturned in authenticating any claims you make before releasing any part of my hard earned money.

Think twice before sending me an email as I have no time to waste

Kind Regards

6 Likes

edoman2016: 4:59pm On Sep 16, 2020
4tunebest:


Send a mail (your proposal for the required investment) to [email protected].

Please don't waste either of our time if this isn't genuine. I am a food industry professional with over a decade of practical experience (in and outside Nigeria) and would leave no stone unturned in authenticating any claims you make before releasing any part of my hard earned money.

Think twice before sending me an email as I have no time to waste

Kind Regards
I think you can WhatsApp me +2347035478576 for further discussion or better still, you can drop your WhatsApp number.
edoman2016: 5:36pm On Sep 16, 2020
4tunebest:


Send a mail (your proposal for the required investment) to [email protected].

Please don't waste either of our time if this isn't genuine. I am a food industry professional with over a decade of practical experience (in and outside Nigeria) and would leave no stone unturned in authenticating any claims you make before releasing any part of my hard earned money.

Think twice before sending me an email as I have no time to waste

Kind Regards
mail sent
papadoculus(m): 7:49pm On Sep 16, 2020
if u have Btc 4sale kindly dm me i buy at a good rate
DInkMan(m): 9:15pm On Sep 16, 2020
pluto09:


Farming in Nigeria comes with its own challenge.
Have you wonder why people are migrating from villages to cities in Nigeria?

You are on point. Number 1 issue is insecurity. Just recently a retired US major was kidnapped in his farm factory in a
south western state. How could a nation have food security when there is no safety in the farm settlements, which are
mostly rural areas, that these farms are situated. It is so bizarre and absolute contradiction.

https://punchng.com/breaking-gunmen-kill-one-abduct-ex-us-soldier-in-ekiti/

...similar report like this goes on in the country.

3 Likes

XiaoLi: 4:18am On Sep 17, 2020
Nigeria is in a big mess and the government is the main culprit in this, i refuse to accept that Nigerians is the problem with Nigeria. When there is no good governance things will always be messed up.
DInkMan:


You are on point. Number 1 issue is insecurity. Just recently a retired US major was kidnapped in his farm factory in a
south western state. How could a nation have food security when there is no safety in the farm settlements, which are
mostly rural areas, that these farms are situated. It is so bizarre and absolute contradiction.

https://punchng.com/breaking-gunmen-kill-one-abduct-ex-us-soldier-in-ekiti/

...similar report like this goes on in the country.

4 Likes

dipoolowoo: 5:53am On Sep 17, 2020

4 Likes

emmasoft(m): 9:39am On Sep 17, 2020
dipoolowoo:
Treasury Bills Stop Rate Now 1.09% as CBN Raises N158.8bn
https://businesspost.ng/economy/treasury-bills-stop-rate-now-1-09-as-cbn-raises-n158-8bn/

A very good alternative to treasury bills is VGIF managed by Investment one (former GTBank Asset management) with a guaranteed rate of 7.5%. Call/chat me 08181057319 let's talk about it.
ZEAK: 9:54am On Sep 17, 2020
Greetings of the morning

@ Pa Emma
@ Emmasoft
@ Emmervesty and other REIT big boss/madam. Please I need clarifications on UPDC REIT:

1- How many times do they pay dividend in a year?

2- Do I need to open a dollar for my dividend to be paid therein? (as am aware they collect rent in dollars).

3- Is it really lucrative? and at what percentage do they issue out dividend?.

Please help me out, as it's part of my due diligence too........ just a young graduate seeking to make a "name" for himself.

GOD BLESS NIGERIA.
emmasoft(m): 10:45am On Sep 17, 2020
ZEAK:
Greetings of the morning

@ Pa Emma
@ Emmasoft
@ Emmervesty and other REIT big boss/madam. Please I need clarifications on UPDC REIT:

1- How many times do they pay dividend in a year?

2- Do I need to open a dollar for my dividend to be paid therein? (as am aware they collect rent in dollars).

3- Is it really lucrative? and at what percentage do they issue out dividend?.

Please help me out, as it's part of my due diligence too........ just a young graduate seeking to make a "name" for himself.

GOD BLESS NIGERIA.





Twice sometimes once

Dividend is paid in naira you don't need dollar

The word lucrative is relative REIT is for slow and steady investors. Dividend is paid base on profit made in the year under consideration.
ibechris(m): 10:48am On Sep 17, 2020
thobbierulz:
To live a Good life especially in this current economic climate, one source of income isn’t going to cut it.
 It is important now more than ever to increase your streams of income. One way to achieve this is through income investment. Many of us are engaged or have been engaged in one type of income investment or another while some of us have not. Either way you can share your journey and insight with me while learning one or two things about the opportunities in income investing by taking out a few minutes to fill this survey.
 Thank you in advance for your time and good luck with your finances.

https://docs.google.com/forms/d/e/1FAIpQLSf2_GPHnp7SQEWu9VFDrPLhx5cGQJ6Z63jTperwsqF-ZMYBIA/viewform


Do u have a branch in Abuja.
Bakosokoto: 3:30pm On Sep 17, 2020
emmasoft:


Twice sometimes once

Dividend is paid in naira you don't need dollar

The word lucrative is relative REIT is for slow and steady investors. Dividend is paid base on profit made in the year under consideration.
Please teach me how to invest into UPDC REIT. I will no more do treasury bill of 1percent
I have CSCS number with United capital plc
emmasoft(m): 4:05pm On Sep 17, 2020
Bakosokoto:

Please teach me how to invest into UPDC REIT. I will no more do treasury bill of 1percent
I have CSCS number with United capital plc

Tbills and UPDC REIT are different investment instruments. You can't really compare them. If you are looking for fixed income instrument I will advice you include mutual fund like VGIF with a fixed rate of 7.5%. UPDC REIT can be added as a way of diversification.
Since you are already with UCAP , you can give a mandate for them to buy as much as your financial ability can carry. Please note UPDC REIT is also price based and prices are determined by market forces as well.

2 Likes

exclusiveoloori: 7:59pm On Sep 17, 2020
Pls house how does VGIF work. I'll like to invest my matured T-Bills In it
ZEAK: 8:25pm On Sep 17, 2020
emmasoft:


Twice sometimes once

Dividend is paid in naira you don't need dollar

The word lucrative is relative REIT is for slow and steady investors. Dividend is paid base on profit made in the year under consideration.
Thanks boss.........I really appreciate.
God bless us all.
emmasoft(m): 9:01pm On Sep 17, 2020
exclusiveoloori:
Pls house how does VGIF work. I'll like to invest my matured T-Bills In it


VGIF is a mutual fund in the fixed income category. rate is 7.5%/annum and it's both capital and interest guaranteed. Click the link on my signature to open . it's free. or call/chat me 08181057319 I will send you the voice notes explaining how it works. There are previous post on the thread that talks about VGIF as well
IamRichards: 6:19am On Sep 18, 2020
Hello.......
Re: Treasury Bills In Nigeria by Nobody: 6:49am On Sep 18, 2020
What's the Federal government government looking for again with this ORDER? Something tells me that there other things apart from the income tax narrative it hinted about.

Guys react....

FG orders all bank, other holders to re-
Published September 18, 2020
The Federal Government has ordered all holders in the country ’ s financial institutions to their details again .
The order was given despite the possession of the Bank Verification Number and the National Identification Number by holders .
This new order was disclosed by the government on its Twitter , @ NigeriaGov , on Thursday .
It said , “ This is to notify the general public that all holders in financial institutions ( banks , insurance companies , etc ) are required to obtain, complete and submit self - certification forms to their respective financial institutions .
“ Persons holding s in different financial institutions are required to complete and submit the form to each one of the institutions .
“ The forms are required by the relevant financial institutions to carry out due diligence procedures in line with the Income Tax Regulations 2019 .
“ The self - certification form is in three categories : Form for entity – for controlling person ( individuals having controlling interest in a legal person , trustee , etc ) – Form for individual .
“ Failure to comply with the requirement to ister or execute this form attracts sanctions , which may include monetary penalty or inability to operate the . ”
The government , however , did not give more explanation on this order .

Culled from The Punch

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Re: Treasury Bills In Nigeria by Nobody: 8:00am On Sep 18, 2020
@Phylife,any deadline for compliance?
Re: Treasury Bills In Nigeria by Nobody: 10:12am On Sep 18, 2020
NNU0000:
@Phylife,any deadline for compliance?

No such thing according to all have read and heard. I think FG is testing the waters to get before coming standing firm on it. Never can tell....

1 Like

Re: Treasury Bills In Nigeria by Nobody: 11:21am On Sep 18, 2020
As if I knew beforehand the FGN wanted to test the waters for . FGN have taken a new turn, altering their earlier twit:

BREAKING: FG apologises for asking all bank, other holders to re-

Published September 18, 2020
Sodiq Oyeleke

The Federal Government has apologised for asking all holders in the country ’ s financial institutions to their details again .
The PUNCH reports that the FG earlier asked all holders in banks , including insurance companies , to fill and submit a Self - Confirmation form .
The order was given despite the possession of the Bank Verification Number and the National Identification Number by holders on Thursday .
Failure to do so , the Nigerian government threatened to block access to defaulters’ s or impose a monetary penalty.
The order to fill another Self -Confirmation form , despite the existing BVN and NIN, had attracted condemnations on social media .
However , in a tweet on Friday , the government apologised for misinformation .
It tweeted , “ We apologise for the misleading tweets ( now deleted ) that went up yesterday , regarding the completion of self - certification forms by Reportable Persons. The message contained in the @ firsNigeria Notice does not apply to everybody . FIRS will issue appropriate clarification shortly . ”
We apologize for the misleading tweets ( now deleted ) that went up yesterday , regarding the completion of self - certification forms by Reportable Persons. The message contained in the @ firsNigeria Notice does not apply to everybody . FIRS will issue appropriate clarification shortly pic . twitter. com / KBiPh 0 lCwJ
— Government of Nigeria (@NigeriaGov ) September 18, 2020
In a press statement , the Federal Inland Revenue Service explained that only “ reportable persons” are expected to submit the form .
The statement read , “ This is to clarify the publication for financial institutions holders in Nigeria to complete the self - certification form , pursuant to the Income Tax ( Common Reporting Standard) Regulations 2019 which is for the fulfilment of Automatic Exchange of Information Requirements .
“ The Self Certification form is basically to be istered on Reportable persons holding s in Financial institutions that are regarded as “ Reportable Financial Institutions ” under the CRS .
“ Reportable persons are often non-residents. And other persons who have a residence for tax purposes in more than one jurisdiction or Country .
“ Financial Institutions are expected to ister the Self Certification form on such holders when the information at its disposal indicates that the holder is a person resident for tax purpose in more than one jurisdiction.
“ The information that indicates an holder is a resident for tax purposes in more than one jurisdiction, is expected to be available to Financial Institutions during the opening processes for the KYC and AML purpose . ”
Earlier , the Nigerian government said all persons holding s in different financial institutions are required to complete and submit the form to each one of their institutions .
It had tweeted , “ This is to notify the general public that all holders in Financial Institutions ( Banks , Insurance Companies , etc ) are required to obtain, complete , and submit Self – Certification Forms to their respective Financial Institutions .
“ Failure to comply with the requirement to ister or execute this form attracts sanctions which may include monetary penalty or inability to operate the .
ahiboilandgas: 3:05pm On Sep 18, 2020
There is huge demand for housing in Nigeria especially within the range of 350k to 700k range ...i have one abandon bungalow i just upgraded small with tiles like 120k and wall screeding like 100k i put it up for rent yesterday to test what the economy was like , Suprisely like 3 tenates show interest for 500k while i fixed the price 600k

3 Likes

ukay2: 3:50pm On Sep 18, 2020
ahiboilandgas:
There is huge demand for housing in Nigeria especially within the range of 350k to 700k range ...i have one abandon bungalow i just upgraded small with tiles like 120k and wall screeding like 100k i put it up for rent yesterday to test what the economy was like , Suprisely like 3 tenates show interest for 500k while i fixed the price 600k

Collect the N500k oo

1 Like

Grupo(m): 3:54pm On Sep 18, 2020
ahiboilandgas:
There is huge demand for housing in Nigeria especially within the range of 350k to 700k range ...i have one abandon bungalow i just upgraded small with tiles like 120k and wall screeding like 100k i put it up for rent yesterday to test what the economy was like , Suprisely like 3 tenates show interest for 500k while i fixed the price 600k

How many rooms?
ahiboilandgas: 4:03pm On Sep 18, 2020
Grupo:


How many rooms?
2 room ensuit,palour and dinning plus kitchen and store...

1 Like

ahiboilandgas: 4:05pm On Sep 18, 2020
ukay2:


Collect the N500k oo

tenate number 4 don come ..from 12pm to 4 ....there is housing shortage i think
Carmal90(m): 4:10pm On Sep 18, 2020
ahiboilandgas:
There is huge demand for housing in Nigeria especially within the range of 350k to 700k range ...i have one abandon bungalow i just upgraded small with tiles like 120k and wall screeding like 100k i put it up for rent yesterday to test what the economy was like , Suprisely like 3 tenates show interest for 500k while i fixed the price 600k
Location and rooms?
ukay2: 4:13pm On Sep 18, 2020
ahiboilandgas:
tenate number 4 don come ..from 12pm to 4 ....there is housing shortage i think

Definitely yes...

My rental apartments have not been vacant for close to 10years now...
ahiboilandgas: 4:34pm On Sep 18, 2020
ukay2:


Definitely yes...

My rental apartments have not been vacant for close to 10years now...
u have earned your investment capital?
ukay2: 4:54pm On Sep 18, 2020
ahiboilandgas:
u have earned your investment capital?

82% earned....
Re: Treasury Bills In Nigeria by Nobody: 4:56pm On Sep 18, 2020
ukay2:


Definitely yes...

My rental apartments have not been vacant for close to 10years now...
There's huge demand on properties everywhere in Nigeria now.

2 Likes 1 Share

ukay2: 5:05pm On Sep 18, 2020
Sholapey:
There's huge demands on properties everywhere in Nigeria now.

There is so much housing deficit in Nigeria.

One just needs to get Good Rental Apartments and Good Tennants....your good to go

2 Likes

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