Raymondenyi:

Please wat is d discount house about? Is it buying a house? Where n how much will it cost me? Is there anyone close to my base? Please I need answers.

Discount Houses sell Government Bonds, Debenture, T-bill etc... Google is your friend, browse away

ok more like a mutual fund, ok thanx.

@ YOGUN AND RAYMONDENYI

Discount houses are specialised financial institutions which primarily intermediate in money market transactions. Intermediation means acting as a go-between. Money market transactions are dealings in various short-term securities offered in the money market - the market for short-term lending and borrowing (and, as you would probably like to hear it, short-term investments). Securities and instruments traded in the money market include the Nigerian Treasury Bills (NTBs), Nigerian Treasury Certificates (NTCs), CBN Open Market Operations (OMO) Bills, commercial bills (like Bankers Acceptances and Commercial Papers), bank deposit certificates, etc. Because discount houses have a special focus on these securities, there is no doubt that they have a deeper understanding of that market. They also have the training and experience to deal in those securities.

SERVICE AND PRODUCT PORTFOLIO
Individual operators in the sub-sector may have their unique product bundles, but our focus here is on the general activity areas of discount houses, especially from the perspective of what non-institutional parties can participate in. Some key areas include:
Treasury securities: discount houses are primary dealers, appointed by the CBN, for Treasury money market instruments: NTBs, OMO Bills, etc. That means that when you want to buy fresh Treasury Bills, for instance, discount houses are there to help you out, just as banks could. Since you are not permitted to bid directly for these securities, you can only access the market through these appointed dealers. Because of their key role in treasury securities intermediation, discount houses are also among the 15 financial institutions appointed primary dealers/market makers for Federal Government of Nigeria bonds. Though bonds are not short-term market securities (earlier said to be the domain of discount houses), discount houses are approved to deal in the primary market bond auctions as well as the secondary bond market. Simply put, when you desire to invest in Treasury (government) securities, discount houses are major players you can approach.
Liquidity Management Products: The money market deals in short-term securities considered generally liquid. Discount houses consequently trade in and manage largely liquid assets which can support your own liquidity management. They, in particular, structure such investment tools as Open Buy-Back (OBB), which implicitly afford the investor a lot of liquidity management flexibility since they can be redeemed at short notice, without the rediscounting cost of Treasury Bills. So, if you seek both investment security (from treasury securities) and liquidity flexibility, these are products you need in your portfolio.
Asset Management: Discount houses do provide asset managment services, with a bias for money market and treasury securities. Just as you could invest with other fund managers, a discount house can also manage your money market portfolio.
Like banks, discount houses can also provide advisory services. With trained staff to run their investment desks, you have everything to gain from seeking guidance from these market actors. You not only learn the workings of the market in the process, you can also get advised on how to run you portfolio. Besides, you can gain access to a lot of beneficial market tips by dealing with active market players.
Capital market subsidiaries. Yes, your are likely to find that a discount house has a leg in the capital market, albeit through a subsidiary. What that means, in essence, is that your money market and capital market (stocks, bonds, etc) investment needs can all be tackled under the same umbrella. That could bring some flexibility, especially in switching assets and funds.

I do my Treasury Bills investment via my banks. However, I will like to know the main reasons why someone should go for Discount Houses instead of buying through the bank. What do I stand to gain if I use a Discount House. I know they are important to the Nigerian financial system but my worries are with their supervisory and regulatory bodies. Just as SEC is to the Nigerian stock exchange market, is CBN the regulatory body of these Discount Houses? What if you give money to a Dicount House for T-Bills investment and your account officer or someone in the house dissapears with your money or use it for something different, as it happens with some Stockbroking firms, will CBN or the Discount House guarantee the safety of your investment funds in this case? Please someone should enlighten me. Thanking you for your contributions.

yogun
Please visit First Bank their minimum for Treasury bill is N100,000 and the pay discount upfront. Discount houses are okay and well regulated I especially like Kakawa Discount Hse(their Guarantee Income Fund-50,000 minimum) though I also invest with First Bank Capital.

keneri: All these investment vehicles will only "preserve" your capital in a best case scenario. Inflation, however, will devalue your initial capital outlay. Nigeria's inflation rate is very high and will obliterate whatever interest your investment might accrue. Better put it into business. If you just want capital preservation, then, that's way to go. If you want capital growth/wealth, look elsewhere.

where else?

You can invest online in ADSHARES

agbekoya: yogun
Please visit First Bank their minimum for Treasury bill is N100,000 and the pay discount upfront. Discount houses are okay and well regulated I especially like Kakawa Discount Hse(their Guarantee Income Fund-50,000 minimum) though I also invest with First Bank Capital.

Bro give me an estimate with 100k how much do I get in 91days ?

agbekoya: yogun
Please visit First Bank their minimum for Treasury bill is N100,000 and the pay discount upfront. Discount houses are okay and well regulated I especially like Kakawa Discount Hse(their Guarantee Income Fund-50,000 minimum) though I also invest with First Bank Capital.

thanks, i will check it out

my name is Ajibola and am very good at Forex trading, i mean i can trade Forex and make profit.. for those of you who have idle fund, i suggest you try out Forex... i have proof to back up my claim, so feel free to drop a line or two in my inbox and let discuss on the term and condition.. ajizequ@gmail.com

As stated by many, real estate and bonds would be the way to go.

yinkaoke: I have an idle fund of about 300K and am contemplating on where to invest, I need some advice though I have the following in mind

Treasury bill 150k
Bond 100k
shares 50k
Mutual fund ?

I am investing low in shares to hedge and take some risk which could fall on either side. If negative then my returns on the fixed instrument can cover up. OR WHAT DO U THINK HOUSE?.
I could also invest in mutual fund but from my review of price history on Stanbic IBTC asset management website, I observed this is not a good time to buy mutual fund as the prices are high, so I will wait till year end or early new year when the prices are always low according to record anyway.

If any one has a contrary view pls help me out with prove.

You are welcome to TREASURY AND FINANCIAL SERVICES HOUSE IN MARINA ....We can give up to 14% Interest for minimum of 3 months ..i wait to read from u if u don't mine.. Hon. Akanni

yinkaoke: I have an idle fund of about 300K and am contemplating on where to invest, I need some advice though I have the following in mind

Treasury bill 150k
Bond 100k
shares 50k
Mutual fund ?

I am investing low in shares to hedge and take some risk which could fall on either side. If negative then my returns on the fixed instrument can cover up. OR WHAT DO U THINK HOUSE?.
I could also invest in mutual fund but from my review of price history on Stanbic IBTC asset management website, I observed this is not a good time to buy mutual fund as the prices are high, so I will wait till year end or early new year when the prices are always low according to record anyway.

If any one has a contrary view pls help me out with prove.

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The site is administered by seasoned business consultants and business developers as well as Non-Governmental personnels who can screen NGO projects submitted at the site while the former screens the profit making ventures/projects/ideas submitted to the platform. I am also a member of the admin and my large following on my thread speaks volume coupled with my experience as a business developer and an author of a sought after business ebook through nairaland, linkedin and so on.

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Thanks for showing interest to read this post.

I wouldn’t want to waste your time, but I really think
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You know almost everybody keeps saying… ‘‘I need money for
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What did you figure out?

Write it down immediately…

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As a matter of fact, ALL money is made by selling either
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Every famous person in the world today has something
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What I teach people is how to use the information marketing business
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thanks for reading.


P.S. this is only available to people who are smart enough to invest in
themselves, and understands the benefits in investing in their education.
if you are a freebie seeker, this is not for you.

The great business ebook's price reduced from N4000 to N2,500 for this xmas. The book has been a blessing to many people in 2013. Plan next year from now. Read through, so you can have a focus for next year to start a business. There is also after sales service from me in the sense that you can ask questions on any area you want clarity on, from the book and you are entitled to free business idea updates.

Check through this threads for business ideas and more info. You can go through the threads from the 1st page to have more idea. From the depth of my heart, Happy Xmas and new year in advance....

https://www.nairaland.com/1163912/funds-not-business-actually-need/3

OR

https://www.nairaland.com/1182280/funds-not-business-actually-need/2

PRODUTIM1: I can advice u to invest in Forever Living Products business.D business deals wt selling of daily needs like toothpaste,soap,perf,roll on,creme e.t.c made from Aloe Vera.It doesn't affect d job u ar presently on wt.Once u reach managerial level on d business d company can't pay u anything less than 200k evry month.I'm doing d business and it pays a lot.

I am interested to invest 1 million naira idle funds.will need your contact email for more information. Will like to be agent to aloe vera

what about for the fund of 1 million niara? and is the interest for 3 months or annual?

honprof1: You are welcome to TREASURY AND FINANCIAL SERVICES HOUSE IN MARINA ....We can give up to 14% Interest for minimum of 3 months ..i wait to read from u if u don't mine.. Hon. Akanni

You should sign up on angelstartups.com.ng as an investor to search or viable startups to invest in,you also get good stock analysis report weekly,plus bond,fixed deposit news,etc.All for free!
Be smart this 2014.

One of the best business to invest in or start up is Resturant ,or bar business.
It is estimated dat d average spending of Lagosians on merriment alone is 10billion.

If u are interested in investing or partnering. In (expansion) of an establish resturant business kindly holla.

Biz detals: Resturant,Bar and Grilling piont (BBQfish,chicken,asun and sharwama) all within a very busy shopping complex.
Location: Lagos Nigeria.

Minimum investment: 200k

Return on investment (ROI): 5% permonth( negociable),invested sum is 100% refundable anytime from 3months.

Gurranty : ROI is100% guarranteed with fixed assest.

Contact: kenny- 08022574225,08089640839.