Tag: treasury bills
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Your financial future is in your hands
The main reason we don’t take action on our goals is either that we do not have clear goals or we believe we cannot do something about it now. We keep procrastinating, waiting for something to change. We keep giving excuses. We seem to find it hard to believe that there is a decision we…
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Investing in Treasury Bills Simplified
In continuation of my ‘Simplified’ series, I want to break down further and walk you through the process of investing in treasury bills (Nigerian Treasury Bills (NTB)). A market directive by the Debt Management Office (DMO) effective March 7, 2017, has raised the minimum subscription for Nigerian Treasury bills through the primary market from N10,000…
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Put Your Money to Work Immediately
Paying yourself, for most of us simply means stop what we are doing now, and do it the other way round. Save first before you spend. It does not end there. You have to start getting your money to for for you. You have to move your savings out of danger, the danger of your…
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How to Achieve Financial Independence
Achieving financial independence should be the goal of every working adult, employee, or self-employed. Your primary responsibility is to convert your income into assets and ultimately into wealth. Your mindset determines what you convert your income into. A consumer (hunter) primarily converts his income into liabilities while a producer (farmer) converts her income into assets.…
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Financial Security: Investing in Treasury Bills
Treasury bills are one of the money market instruments or vehicles an investor can use to generate fixed-interest income. Nigeria Treasury Bills (NTBs) are short-term debt instruments issued by the Federal Government through the Central Bank of Nigeria (CBN) to finance short-term expenditures. They are by nature, the most liquid money market securities and, are…