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Treasury Bills In Nigeria - Investment (2263) - Nairaland

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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)

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Re: Treasury Bills In Nigeria by AngelicBeing: 2:25pm On Sep 16
olig:
Na wetin dey pain me pass be this (ref. the picture). The way Buhari go dey smile and laugh us right now, with that is gap teeth grin grin cry cry


I agree, very sad and painful situation currently facing Nigeria at the moment, for example, oil that is a blessing to the GCC countries and they have used it to develop their various countries & citizens, seems to be a curse on Nigeria, l visited Dubai twice and if not the Arabic word, culture and general mode of dressing in Dubai, you will think that you are in Europe , everything in Dubai / UAE is topnotch , same thing Applies to the other GCC countries but the reverse is the case in Nigeria sad

2 Likes

Re: Treasury Bills In Nigeria by dreamxhaser: 3:51pm On Sep 16
sharone21:


Many at your age don't have such opportunities or don't even know what to do with their lives yet...

See below:
Fixed Deposits: Fairmoney MFB . Renmoney MFB...Wema has highest traditional bank rate for now.

Mutual Funds: Meristem( Meritrade), Arm investment center

Stocks/ Treasury bills, / Federal Savings Bond: Though the Nigerian Stock market needs to correct itself first B4 u enter to buy: Apel, Meristem

Learn money market skill so you can trade more confidently and make more YOURSELF with AI robots to help too in this 21st century: Forex, Stock-globally, Commodities, Synthetics, Futures/Options.




You really shared alot of valubale informations sir, and i reaaly appricate it. This infromation you are sharing is gold, and i ma sure it wont only help me but alot of people here.

But there are some questions i will love to ask you about those points you rised sir

1 Like

Re: Treasury Bills In Nigeria by dreamxhaser: 3:56pm On Sep 16
INFOTECH2:


You don't need to buy a job.

You already earn some money, focus on the skills you currently have and you will become better.

I would advise you also continue to develop your self if you want to work

Go do SCRUM AND PROJECT MANAGEMENT to put yourself in good stead to get a good job in naija or to japa like you mentioned

And then learn to invest ....

I have been makeing some reserch about SCRUM AND PROJECT MANAGEMENT you mentioned
Re: Treasury Bills In Nigeria by oluayebenz: 3:57pm On Sep 16
Only a fool will keep hoarding fx at this stage

1 Like

Re: Treasury Bills In Nigeria by sharone21(f): 4:25pm On Sep 16
dreamxhaser:


You really shared alot of valubale informations sir, and i reaaly appricate it. This infromation you are sharing is gold, and i ma sure it wont only help me but alot of people here.

But there are some questions i will love to ask you about those points you rised sir
WhatsApp: See number
Or Email
Re: Treasury Bills In Nigeria by MonsieurCoder: 5:49pm On Sep 16
oluayebenz:
Only a fool will keep hoarding fx at this stage

April 2024

oluayebenz:
In-market rate is now #950 / 1usd

Dollar will likely settled at 700 by June

April 2024

oluayebenz:


Truth...

By the time naira finally settled, it will shock everybody.

I'm seeing 400 in the making

April 2024

oluayebenz:
Expect 500/$ by end of May.

And it will be fixed.

Info from CBN insider

April 2024

oluayebenz:


By June.
Rate will be below 1000.

Hoarders hmm 🤔 cry

April 2024

oluayebenz:
Nigerian economy

The more you see, the less you know.

Naira is gaining massively against USD.

Infact naira is still undervalued at 1,000.

By May hmmmm Hoarders go cry bitterly

February 2024

oluayebenz:


The policy is not working and it's getting out of control.

CBN will fix the rate at 1k... anytime soon

Info from insider

November 2023

oluayebenz:
I dont see the dollar going back to 1k naira ever again.

It's currently at 940

November 2023

oluayebenz:


Seriously 😳

You no get mind Sha, pls don't go near FX ever again.

Dollar will still rise a lil bit soon but by mid next year, it will stable at 750 or so.


October 2023
oluayebenz:


No it won't
Effect of the new CBN governor

Dollar will stable at 750 or so

October 2023
oluayebenz:


If you can hold on a bit but I doubt if it will ever reach 1200 again.

You shouldn't have bought dollar at 1170 nah, do you think rate will go up to 2000?

August 2023

oluayebenz:


True value of naira is around 600/USD..... I have said it before...

By middle of Sept, naira will range btw 580 - 600 per USD.

Hoarders should keep hoarding, I've said my own 😅. We move 🚶🚶🚶

July 2023
oluayebenz:


It will definitely nose dive.
FX can't stay high for long.

I'm predicting 600/USD in the coming months

The jokes write themselves

21 Likes 4 Shares

Re: Treasury Bills In Nigeria by efismikoko(m): 6:00pm On Sep 16
IYGEAL:


The one for 12th didn't get paid too grin

With no public holidays within those dates, the stakeholders need to do better. The palpable nonchalance is nauseating.

Haaaa this is not good now Abeg o I have every month o
Re: Treasury Bills In Nigeria by jedisco(m): 6:01pm On Sep 16
dreamxhaser:
Hello!

First of all. Please forgive some of my typos. I am typing this in very busy place.


People have said alot which are all valid.

You're doing well in tech at your age and could build from here. Earning in forex while in 9ja also gives an edge but freelance work can change quickly.
While financial investments are good, reasonable advise at your age would be to invest in yourself as this would ultimately determine your earning potential- that could be by means of training and location too. By training- you would know/could ask what additional courses e.t.c sell in your field. It's worth targeting those

I'd say you should strongly consider moving abroad. Being a freelancer is even a plus as you can keep earning while you find your feet. Moving to the right location changes your horizon and perception and even of you want to return (as some do), you could be coming back with lots of advantages - both local and foreign. By moving, I don't mean going anywhere aimlessly but rather targeting wealthy western nations and going via the right pathway. I'd say the Canadian express entry pathway seems fairly suited now.

Regarding location for e.g, there's a reason why currently most popular afrobeat musicians start from or eventually move to Lagos. It's not that they can't blow anywhere but Lag controls that market.
Coming to tech, the overwhelming majority of new money in this area over the last 2 decades has been from the U.S and even in the U.S, it's narrowed to very specific areas. Even well paid European tech heads quite often move there.

I also was on a good pay in my early 20's with a stable job. Almost 6yrs after moving, about the best decision I made in life was by taking the exams early on to leave. It changed my horizon. Even on a general outlook, things like robust pensions, inflation proof retirement planning e.t.c are very difficult to grasp while in 9ja. Interestingly on a NL UK thread, ( https://www.nairaland.com/7695199/living-uk-life-immigrant-part-3/679#132020596 ) a nurse asked today whether she should keep a 5million/month job in 9ja or relocate to the UK (to work as a nurse - starting at a relatively basic UK wage). The replies from those who'd seen both sides were interesting. Some were for and others against but it all shows the stakes involved.

3 Likes

Re: Treasury Bills In Nigeria by jedisco(m): 6:03pm On Sep 16
MonsieurCoder:


The jokes write themselves


Hehe... you have delved deep. You took this one personal.
Re: Treasury Bills In Nigeria by emmaodet: 6:07pm On Sep 16
MonsieurCoder:


April 2024



April 2024



April 2024



April 2024



April 2024



February 2024



November 2023



November 2023




October 2023


October 2023


August 2023



July 2023


The jokes write themselves


grin cheesy grin

2 Likes

Re: Treasury Bills In Nigeria by AngelicBeing: 6:11pm On Sep 16
MonsieurCoder:


April 2024



April 2024



April 2024



April 2024



April 2024



February 2024



November 2023



November 2023




October 2023


October 2023


August 2023



July 2023


The jokes write themselves

Chai, savage response from the CIA / FBI AGENT of Nairaland, @ Monsiercoder, I will call Nuhu Ribadu to pick you tomorrow and detain you for 400 years in Abuja without Bail for digging out all this information above, Haha 🤣

Re: Treasury Bills In Nigeria by oluayebenz: 6:20pm On Sep 16
MonsieurCoder:


April 2024



April 2024



April 2024



April 2024



April 2024



February 2024



November 2023



November 2023




October 2023


October 2023


August 2023



July 2023


The jokes write themselves


Hmmm weldone verydarkman
Re: Treasury Bills In Nigeria by IYGEAL(m): 7:07pm On Sep 16
efismikoko:


Haaaa this is not good now Abeg o I have every month o

Let's see if they'd pay tomorrow.
Re: Treasury Bills In Nigeria by richforever123: 8:52pm On Sep 16
LMAO
MonsieurCoder:


April 2024



April 2024



April 2024



April 2024



April 2024



February 2024



November 2023



November 2023




October 2023


October 2023


August 2023



July 2023


The jokes write themselves

1 Like

Re: Treasury Bills In Nigeria by Nero4306(m): 3:00pm On Sep 17
Good afternoon house …. Any update on FG saving bond payment for September ?
Re: Treasury Bills In Nigeria by efismikoko(m): 4:32pm On Sep 17
Nero4306:
Good afternoon house …. Any update on FG saving bond payment for September ?

Boss you are not alone o I am seriously waiting 😢
Re: Treasury Bills In Nigeria by Nero4306(m): 5:34pm On Sep 17
efismikoko:


Boss you are not alone o I am seriously waiting 😢

I swear FG don’t need to delay any payment for this period of fuel hike oh
Re: Treasury Bills In Nigeria by Onboard1: 6:37pm On Sep 17
Good evening house.
What date is the next primary auction?

1 Like

Re: Treasury Bills In Nigeria by youngestland: 11:46am On Sep 18
IYGEAL:


The one for 12th didn't get paid too grin

With no public holidays within those dates, the stakeholders need to do better. The palpable nonchalance is nauseating.

Please any luck with this payment i also did fgnsb june 2027 and payment was to be thursday last week i am beginning to get worried o

how do one sell FGNSB make i continue with treasury bill jeje
Re: Treasury Bills In Nigeria by freeman67: 12:32pm On Sep 18
youngestland:


Please any luck with this payment i also did fgnsb june 2027 and payment was to be thursday last week i am beginning to get worried o

how do one sell FGNSB make i continue with treasury bill jeje


No payment yet. I don't know what is wrong with them. They just want to use their own hand to chase away prospective/intending investors.

I think you can sell it through your broker if you have one or maybe contact the bank/agent through you subscribed.

Mind you, both TB and FGNSB have the same handler. So when misbehaviour can come from any side when they feel like.
Re: Treasury Bills In Nigeria by IYGEAL(m): 2:42pm On Sep 18
youngestland:


Please any luck with this payment i also did fgnsb june 2027 and payment was to be thursday last week i am beginning to get worried o

how do one sell FGNSB make i continue with treasury bill jeje


No luck yet. It's funny but shouldn't be. I mean, what's the reason for the delay this time? The security is in the local currency for God's sake grin

Since around 2017 or so FGNSB started, I'm not sure there has been this kind of negligence abi mismanagement.
Re: Treasury Bills In Nigeria by emmasoft(m): 5:44pm On Sep 18
LEARN TO EARN

Click the third link on my signature to begin.

Re: Treasury Bills In Nigeria by Donsheddy: 5:59pm On Sep 18
emmasoft:

LEARN TO EARN

Click the third link on my signature to begin.

You still offer treasury bills?
Re: Treasury Bills In Nigeria by emmasoft(m): 6:05pm On Sep 18
Donsheddy:


You still offer treasury bills?


Yes, Click the link to open an account and pick fixed income among the three products that showed up. Once your account is opened, you can even do the treasury bill from the secondary market yourself it's that easy.
Re: Treasury Bills In Nigeria by Donsheddy: 6:07pm On Sep 18
emmasoft:



Yes, Click the link to open an account and pick fixed income among the three products that showed up. Once your account is opened, you can even do the treasury bill from the secondary market yourself it's that easy.

Okay thanks
Whats the rat
Re: Treasury Bills In Nigeria by emmasoft(m): 6:16pm On Sep 18
Donsheddy:


Okay thanks
Whats the rat

Rates depend on the tenor and in the secondary market rates are not static. Once you open an account and are ready to invest, you will see the rates displayed when you login to your account.

As at the moment, we have 64 days 16.04%, 78 days 16.91%. 127 days 18.24%, 141 days 18.92%, 155 days 19.25% , 246 days 19.32 etc.

After your account is opened, you need a minimum of 100k to start investing.

1 Like

Re: Treasury Bills In Nigeria by Donsheddy: 6:34pm On Sep 18
emmasoft:


Rates depend on the tenor and in the secondary market rates are not static. Once you open an account and are ready to invest, you will see the rates displayed when you login to your account.

As at the moment, we have 64 days 16.04%, 78 days 16.91%. 127 days 18.24%, 141 days 18.92%, 155 days 19.25% , 246 days 19.32 etc.

After your account is opened, you need a minimum of 100k to start investing.

How many percent of the interest in paid back immediately?
Re: Treasury Bills In Nigeria by Grupo(m): 6:41pm On Sep 18
IYGEAL:


No luck yet. It's funny but shouldn't be. I mean, what's the reason for the delay this time? The security is in the local currency for God's sake grin

Since around 2017 or so FGNSB started, I'm not sure there has been this kind of negligence abi mismanagement.

Hmm. If the FG is delaying bonds payments, is there a possibility they can also delay TB payments? Interesting.
Re: Treasury Bills In Nigeria by emmasoft(m): 7:06pm On Sep 18
Donsheddy:


How many percent of the interest in paid back immediately?

I want to believe you mean upfront interest payment. When you are ready to invest you will get the details of each transaction.

As earlier stated, rates are not static in the secondary market.
Re: Treasury Bills In Nigeria by manwomanok: 7:07pm On Sep 18
Good evening everyone

please when is the due date for 16.2884% FGN MARCH 2027 coupon payment

Thank you
Re: Treasury Bills In Nigeria by IYGEAL(m): 7:12pm On Sep 18
Grupo:


Hmm. If the FG is delaying bonds payments, is there a possibility they can also delay TB payments? Interesting.

I would like to believe it's probably from their payment services. It happened last month, they should have fixed it early enough for this month but here we are.
Re: Treasury Bills In Nigeria by TotoNaRubber: 7:12pm On Sep 18

I just got off the phone with someone who works in the DMO (Debt management office). He said the Fédéral government is struggling to pay workers and local debt may be delayed or a default is possible.

So brace yourselves for the worst.


youngestland:


Please any luck with this payment i also did fgnsb june 2027 and payment was to be thursday last week i am beginning to get worried o

how do one sell FGNSB make i continue with treasury bill jeje

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