biznus:
Investnow.. investment one... What's the difference

Investow is the name of the app powered by United Capital.

While investment one app is powered by investment one financial services.

They are two different companies.

To do business with investment one ie stocks investment, asset management - Fixed deposit of different tenors, tbills and child trust, get in touch with the contact on my signature.

There is sir

biznus:
I'd go for 19% but I get your point, never heard of 364 days secondary market

ogawisdom:
Please when is the next TB primary market auction?

Next week Tuesday. Submit your forms today or Monday.

Nakedman:


Next week Tuesday. Submit your forms today or Monday.

Ok I can't wait thanks

biznus:

Without being technical, no much difference. People opt for primary market for highest juiciest rates possible. Secondary market offers slightly lower rates

Pls what's the minimum an individual investor can invest in TBills today?

freeman67:


Na wa ooo. I just pray they do the needful today. If it's about getting your funds back you will do. It's just this their unnecessary delay in releasing. Sorry about your experience.

Surprised as well. I've used them for over 2yrs now and redemption (online) has been seamless

JohnAOne:
Pls what's the minimum an individual investor can invest in TBills today?

Depends on the bank, usually about 100k.

bjtinz:


Depends on the bank, usually about 100k.

Secondary market right?

Which offers better returns at the moment, Tbills, Mutual funds, FGN bonds?

Thanks for your replies.

JohnAOne:
Secondary market right?

Which offers better returns at the moment, Tbills, Mutual funds, FGN bonds?

Thanks for your replies.

Treasury Bills for now

richforever123:


Treasury Bills for now

At what rate pls

JohnAOne:
Pls what's the minimum an individual investor can invest in TBills today?

The minimum amount an individual investor can invest and give his/her own bid is N50M. However, if you are to invest through banks and other investments houses, it ranges from 100k to 1M depending.

RayRay06677:
https://www.nairaland.com/8041662/cbn-sells-forex-bdcs-n1251#129105094


https://www.nairaland.com/8041662/cbn-sells-forex-bdcs-n1251#129105094

Forex hoarders don dey hear am

Nakedman:


Next week Tuesday. Submit your forms today or Monday.

Are you sure bout this

Better release all the USD with you or buy bucket and hire people to cry for you as it is heading to 1000 with speed

ogawisdom:
Better release all the USD with you or [[b]b]buy bucket and hire people to cry for you [/[/b]b]as it is heading to 1000 with speed

Stop nah 🤣😂

oluayebenz:


Stop nah 🤣😂

God is watching the process

The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held their second meeting of the year where they voted to:

- Raise monetary policy rate (MPR) by 200bps to 24.75%.
- Adjust the Asymmetric corridor around the MPR from +100/-700bps to +100/-300bps.
- Maintain the Cash Reserve Ratio (CRR) of Commercial banks at 45.00%.
- Adjust the Cash Reserve Ratio (CRR) of Merchant banks from 10.00% to 14.00%.
- Maintain the Liquidity Ratio at 30.00%.

NL1960:
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held their second meeting of the year where they voted to:

- Raise monetary policy rate (MPR) by 200bps to 24.75%.
- Adjust the Asymmetric corridor around the MPR from +100/-700bps to +100/-300bps.
- Maintain the Cash Reserve Ratio (CRR) of Commercial banks at 45.00%.
- Adjust the Cash Reserve Ratio (CRR) of Merchant banks from 10.00% to 14.00%.
- Maintain the Liquidity Ratio at 30.00%.

What is the implications of all these

ogawisdom:
Better release all the USD with you or buy bucket and hire people to cry for you as it is heading to 1000 with speed

RayRay06677:


God is watching the process

I don't see naira falling again.... Atleast for now.

ogawisdom:


What is the implications of all these

Curbs inflation, attract foreign investors through goverment securities which helps naira in process.

If you still own a dollar, pls sell.

Kindas3325:


Curbs inflation, attract foreign investors through goverment securities which helps naira in process.

If you still own a dollar, pls sell.

I dey mad

Bought at 1575 and sold at 1750 since

I think they are aware that PPL borrow naira to buy USD & with high interest rate it has been stopped.

oluayebenz:


I don't see naira falling again.... Atleast for now.

We can't be too sure let's see if they can sustain the tempo till June 30

Higher interest rate should mean higher TB rates, are we heading for 23 or 24% for 364?

ogawisdom:


I dey mad

Bought at 1575 and sold at 1750 since

I think they are aware that PPL borrow naira to buy USD & with high interest rate it has been stopped.

You are unpatriotic.

oluayebenz:


I don't see naira falling again.... Atleast for now.

There is absolutely no reason why the dollar should fall in the manner we have seen since Tinubu took over in the first place. Everything we see happening right now is caused by the cluelessness of one man.

Tinubu met the dollar at ₦700-₦800. He floated the Naira, claiming that the government could no longer subsidize the dollar. He also "removed" subsidy, and we all saw the consequences within a very short time (in few days).

What's happening right now is that Tinubu has realised his mistakes and is now doing everything within his powers to take us back to the Buhari era.

Firstly, the dollar is now being sold to FX vendors at a subsidised rate.

Secondly, petrol is still being subsidised with almost double the amount the Buhari government paid as subsidy.

It wouldn't be bad for Tinubu to come out and apologise for the grave mistakes he caused Nigerians. The entire BDC and Binance charade we saw would have still had the same "effect" without floating or "removing" subsidy.

If we look at it critically, the so-called monies he claimed he saved from "subsidy removal" have been completely wiped out by inflation. Some reports say that states like Delta got about a 25% increase in allocation in 2024 compared to 2023. That is a big loss, an insult. How does a 25% increase help anyone when people now pay as much as 300% of what they paid in 2023 to get a tin of Three Crown milk? To add to the injury, salaries have remained stagnant for government workers.

If exchange rate ever gets to 1k or under 1k, his next move will be to pay more subsidy on fuel, so Nigerians can go back to the old subsidized pump price. LOL.

Tinubu's mistake is completely unpardonable anywhere in the world.

Acidosis:


There is absolutely no reason why the dollar should fall in the manner we have seen since Tinubu took over in the first place. Everything we see happening right now is caused by the cluelessness of one man.

Tinubu met the dollar at ₦700-₦800. He floated the Naira, claiming that the government could no longer subsidize the dollar. He also "removed" subsidy, and we all saw the consequences within a very short time (in few days).

What's happening right now is that Tinubu has realised his mistakes and is now doing everything within his powers to take us back to the Buhari era.

Firstly, the dollar is now being sold to FX vendors at a subsidised rate.

Secondly, petrol is still being subsidised with almost double the amount the Buhari government paid as subsidy.

It wouldn't be bad for Tinubu to come out and apologise for the grave mistakes he caused Nigerians. The entire BDC and Binance charade we saw would have still had the same "effect" without "removing" subsidy.

If we look at it critically, the so-called monies he claimed he saved from "subsidy removal" have been completely wiped out by inflation. Some reports say that states like Delta got about a 25% increase in allocation in 2024 compared to 2023. How does that help anyone when people now pay as much as 300% of what they paid in 2023 to get a tin of Three Crown milk? To add to the injury, salaries have remained stagnant for government workers.

If exchange rate ever gets to 1k or under 1k, his next move will be to pay more subsidy on fuel, so Nigerians can go back to the old subsidized price. LOL.

Tinubu's mistake is completely unpardonable anywhere in the world.

@bolded....

Jus lemme laugh to it 😂😄

Dey play my fans....

Whoever that hoarded USD should better release it on time, that's just my advice.
We moveeee

oluayebenz:


@bolded....

Jus lemme laugh to it 😂😄

Dey play fans....

Whoever that hoarded USD should better release it on time, that's just my advice.
We moveeee

Your first mistake is to assume that hoarders lack tactics. 😅Nigeria has never lacked hoarders. As long as Nigerian politicians live, hoarders will remain.

You're looking in the wrong direction by asking hoarders on a TBills thread to offload their dollars. Are politicians a joke to you? The only way to tame hoarding is to keep up with the positive trend. Offloading is not as important as ensuring that the Naira continues to gain. Na small thing dey make Nigerians panic. Offloading now doesn't mean they won't buy again tomorrow at the slightest fall.

Acidosis:


There is absolutely no reason why the dollar should fall in the manner we have seen since Tinubu took over in the first place. Everything we see happening right now is caused by the cluelessness of one man.

Tinubu met the dollar at ₦700-₦800. He floated the Naira, claiming that the government could no longer subsidize the dollar. He also "removed" subsidy, and we all saw the consequences within a very short time (in few days).

What's happening right now is that Tinubu has realised his mistakes and is now doing everything within his powers to take us back to the Buhari era.

Firstly, the dollar is now being sold to FX vendors at a subsidised rate.

Secondly, petrol is still being subsidised with almost double the amount the Buhari government paid as subsidy.

It wouldn't be bad for Tinubu to come out and apologise for the grave mistakes he caused Nigerians. The entire BDC and Binance charade we saw would have still had the same "effect" without floating or "removing" subsidy.

If we look at it critically, the so-called monies he claimed he saved from "subsidy removal" have been completely wiped out by inflation. Some reports say that states like Delta got about a 25% increase in allocation in 2024 compared to 2023. That is a big loss, an insult. How does a 25% increase help anyone when people now pay as much as 300% of what they paid in 2023 to get a tin of Three Crown milk? To add to the injury, salaries have remained stagnant for government workers.

If exchange rate ever gets to 1k or under 1k, his next move will be to pay more subsidy on fuel, so Nigerians can go back to the old subsidized pump price. LOL.

Tinubu's mistake is completely unpardonable anywhere in the world.

I don't like Apc or tinubu it doesn't change the fact the decision on forex Was the best.And how did you know selling dollars to bdc at #1251 is subsidised. The floating of dollars shouldn't have shot the exchange rate to #1900.It is the enemies of the country that whr at work.The criminals using speculation to make money instead to go and engage in productive Ventures. They will learn the hard way..It is demand and supply that is at play now because the criminals bdc have been closed and new regulations. I expect cbn to ban completely the use of physical dollars for anything in nigeria.
And for those thinking dollars will ever go back.it will never happen. The last cbn governor and pmb was the worst thing to happen in nigeria

Acidosis:


Your first mistake is to assume that hoarders lack tactics. 😅Nigeria has never lacked hoarders. As long as Nigerian politicians live, hoarders will remain.

You're looking in the wrong direction by asking hoarders on a TBills thread to offload their dollars. Are politicians a joke to you? The only way to tame hoarding is to keep up with the positive trend. Offloading is not as important as ensuring that the Naira continues to gain. Na small thing dey make Nigerians panic. Offloading now doesn't mean they won't buy again tomorrow at the slightest fall.

Ok

We shall see, it's just a matter of time....

I will quote you when the naira finally gain ground....

But for now, observing mode activated 😐😶