adaxxy:
Hello dear and thank you for the explanatoin above,
but i have a problem with gtbank i deposited some amount in my account 3months ago to invest tb and they kept dissuading me to go for fixe deposit but i declined and i insist that i want TB and now i keep spending the money and replacing it back,
i now told them i want to transfer to another bank ,
but after a lot of begging that they will do it for me and i was told that another one was ongoingg and ended on friday last week because i was there on wednesday last week and up till now the money have not left my account and to now discover that another one ended yestarday ,
please what do i do now.

adaxxy:
please if i want to invest 364 days with N2,260,000 and also same 3m,
thank you.

babakess:


insist to move your money else where ....did u fill the form for this last auction.....entries will be passed today and if u did fill the forms before tuesday and went with the banks bid rate .....then u will be debited and ur interest left in your account.

if u invest 2,260,000 for 364days and lets say as the bid for yesterday was 14.69% for the tenor and your bank won the bid @14% then your interest will be 2,260,000*0.14=N316,400 with some negligible deduction of custodian fee and commission. and if u use the 3m then u have 3,000,000*0.14=N420,000.

LETS SAY U LEAVE IN THE SA ACCT ........YOUR 3M EARNS 3.6% PER ANNUM.....
3,000,000*0.036=108000........amounting to 295.89 per day .........N8,876 per month and 7,988 per month after deducti


BUT WITH TBN .........3,000,000*.14=420,000 AMOUNTING TO 1,150.68 PER DAY .......34520.54 PER MONTH NO WHT



295.89 PER DAY TO 1,150.68 PER DAY ..............Each day u waste....u reduce ur likelihood of getting Financially independent and free.................if You have 3m now and still young ...u can be very wealthy without saving again.

babakess:


insist to move your money else where ....did u fill the form for this last auction.....entries will be passed today and if u did fill the forms before tuesday and went with the banks bid rate .....then u will be debited and ur interest left in your account.

if u invest 2,260,000 for 364days and lets say as the bid for yesterday was 14.69% for the tenor and your bank won the bid @14% then your interest will be 2,260,000*0.14=N316,400 with some negligible deduction of custodian fee and commission. and if u use the 3m then u have 3,000,000*0.14=N420,000.

LETS SAY U LEAVE IN THE SA ACCT ........YOUR 3M EARNS 3.6% PER ANNUM.....
3,000,000*0.036=108000........amounting to 295.89 per day .........N8,876 per month and 7,988 per month after deduction of 10%WHT


BUT WITH TBN .........3,000,000*.14=420,000 AMOUNTING TO 1,150.68 PER DAY .......34520.54 PER MONTH NO WHT



295.89 PER DAY TO 1,150.68 PER DAY ..............Each day u waste....u reduce ur likelihood of getting Financially independent and free.................if You have 3m now and still young ...u can be very wealthy without saving again.

babakess:


insist to move your money else where ....did u fill the form for this last auction.....entries will be passed today and if u did fill the forms before tuesday and went with the banks bid rate .....then u will be debited and ur interest left in your account.

if u invest 2,260,000 for 364days and lets say as the bid for yesterday was 14.69% for the tenor and your bank won the bid @14% then your interest will be 2,260,000*0.14=N316,400 with some negligible deduction of custodian fee and commission. and if u use the 3m then u have 3,000,000*0.14=N420,000.

LETS SAY U LEAVE IN THE SA ACCT ........YOUR 3M EARNS 3.6% PER ANNUM.....
3,000,000*0.036=108000........amounting to 295.89 per day .........N8,876 per month and 7,988 per month after deduction of 10%WHT


BUT WITH TBN .........3,000,000*.14=420,000 AMOUNTING TO 1,150.68 PER DAY .......34520.54 PER MONTH NO WHT



295.89 PER DAY TO 1,150.68 PER DAY ..............Each day u waste....u reduce ur likelihood of getting Financially independent and free.................if You have 3m now and still young ...u can be very wealthy without saving again.

adaxxy:
Hello dear and thank you for the explanatoin above,
but i have a problem with gtbank i deposited some amount in my account 3months ago to invest tb and they kept dissuading me to go for fixe deposit but i declined and i insist that i want TB and now i keep spending the money and replacing it back,
i now told them i want to transfer to another bank ,
but after a lot of begging that they will do it for me and i was told that another one was ongoingg and ended on friday last week because i was there on wednesday last week and up till now the money have not left my account and to now discover that another one ended yestarday ,
please what do i do now.

mekaboy:

Maybe deliverance from bondage.

adaxxy:
Hello dear and thank you for the explanatoin above,
but i have a problem with gtbank i deposited some amount in my account 3months ago to invest tb and they kept dissuading me to go for fixe deposit but i declined and i insist that i want TB and now i keep spending the money and replacing it back,
i now told them i want to transfer to another bank ,
but after a lot of begging that they will do it for me and i was told that another one was ongoingg and ended on friday last week because i was there on wednesday last week and up till now the money have not left my account and to now discover that another one ended yestarday ,
please what do i do now.

Lovinwa:
Good evening house, has anyone that used GTB at yesterday's auction been debited? Cos i ve not seen any alert.

just2endowed:
Pls what was the top rate of tb

ukay2:


My wife was debited 30 mins ago...she used GTBANK..

babakess:



Same here ..........I got 14.25%........for 364days ....went with banks bid rate

ukay2:





please my oga babakess

how do you get the stop rate from CBN?
I have checked CBN and DMO website now and I didn't see the today's NTB stop rate..

any extra Link to check the progress of bidding or the stop rate?

Thanks for your kind response..

am yet to get debit alert from Stanbic IBTC Bank....

babakess:


i get it from my banker friend ....not from CBN website

ukay2:

My wife was debited 30 mins ago...she used GTBANK..

Lovinwa:



Thank you....I ve been debited few minutes ago. Got 12.84% for 182 days.

poposki33:
Oga feelamong! i need you on this;

i went to gtb to apply for TBill but they were turning me around so divided to transfer mt money to FBN but while i was at FBN after i filled the form i could not find anything like RATE on the form so i engaged the account officer incharge but she told me that TBills don't bid rate that it is CBN that will give me the rate. I was like ha! but i decided to risk it and applied for 182 days. When i got my interest yesterday, i calculated it and it was 13.5percent. i was so happy because i discovered that it was CBN stop rate.

feelamong:


good one for you!

wetin you need me for na?

XEROX2008:
Please house, will there be T-Bill auction on 16th of September 2015? That is 2 weeks from now. Thanks for your response.

XEROX2008:
Please house, will there be T-Bill auction on 16th of September 2015? That is 2 weeks from now. Thanks for your response.

feelamong:


good one for you!

wetin you need me for na?

mekaboy:
Is it advisable to sell property to invest in tb. A young man has a property that generates 500k annually. He wants to go into biz but 500k is not enough.

He has decided to sell the property for 12m invest it in tb and use the interst for biz.

Would u advice such a person to proceed, seeing that the value of that 12m might be less after 1 year?

mekaboy:
Is it advisable to sell property to invest in tb. A young man has a property that generates 500k annually. He wants to go into biz but 500k is not enough.

He has decided to sell the property for 12m invest it in tb and use the interst for biz.

Would u advice such a person to proceed, seeing that the value of that 12m might be less after 1 year?