adegokekemi:


First bank ok

LeeCodeman:
I need your advice: I recently got to know about these safe investments and I'm excited at what can become of them if you add to them regularly and then use the power of compound interest. Here is my question : I have a new born that is not yet a year old. I would like to start him up on one of these investments, TB, Mutual funds or bonds. Which one should I go for?

tolajay:
So, I'm ready to invest in TBills, but, I'm incapacitated.

Apparently, I want to bank with either FBN or Stanbic, meaning I'd need to open a new account, but here I am with no valid means of identification.

My international passport expired some months back, I don't have driver's license, national I.D (yet to capture biometrics - long queues), no voter's card (been there over 5 times but no way).

What is the way out? I need to enjoy high interest rate ooo.

LeeCodeman:
I need your advice: I recently got to know about these safe investments and I'm excited at what can become of them if you add to them regularly and then use the power of compound interest. Here is my question : I have a new born that is not yet a year old. I would like to start him up on one of these investments, TB, Mutual funds or bonds. Which one should I go for?

LeeCodeman:
I need your advice: I recently got to know about these safe investments and I'm excited at what can become of them if you add to them regularly and then use the power of compound interest. Here is my question : I have a new born that is not yet a year old. I would like to start him up on one of these investments, TB, Mutual funds or bonds. Which one should I go for?

tolajay:
Thanks.

Had a chat with FBN via Twitter and they requested a valid form of identity. BVN wasn't started.

Sadly, I just struggled to get a Voter's card today (not the plastic one) and I was told it won't suffice, too.

Getting a national ID is like wishing corruption out of Nigeria.

Guess, I'm locked at the moment.

TONY56:


Always try to get the hard copy of your investments or Certificate of investment from the branch you did the Treasury Bills as proof of the transaction as soon as possible. Usually the hard copies are ready in one or two weeks

dotcomnamename:


Wait oo, i did not have the hard copy o, they only scan copy to me by email because my account is First Diaspora Account, i invested 5 million. Is that a risk not to have hard copy? Although it also shows in my account.

dotcomnamename:


Wait oo, i did not have the hard copy o, they only scan copy to me by email because my account is First Diaspora Account, i invested 5 million. Is that a risk not to have hard copy? Although it also shows in my account.

dotcomnamename:


Wait oo, i did not have the hard copy o, they only scan copy to me by email because my account is First Diaspora Account, i invested 5 million. Is that a risk not to have hard copy? Although it also shows in my account.

gogedda:
Dear all, I am vexing now o, I invested in Tbills with Ecobank since July 7th, I was debited and paid upfront interest and it even reflected in my account. But my account officer has refused to help me get my proof of investment. The first time she said the lady who do send the proof in the head office was on leave.. She called me the last time, I missed her call but I knew she wanted to tell me that the proof is ready. I was at the bank the yesterday and I was told my account officer is now on leave, Infact I was told she's attending a church conference.. She only switch on her gone at night and has refused to pick my call sef. I regret investing with Ecobank. They are so unprofessional. I am planing on reporting to the branch manager. Please is it possible for one to report my branch and pick up the proof of investment from the head office... I really need this proof to present at the embassy next month.. Pls what do you think?

TONY56:



You're vexing now! For us on this forum?

Abeg, na we carry you go Eco?

At any rate, it's good you've seen things yourself now.

You caused yourself the problems you're facing.

Must you go through your account officer if you want to do NTB?
Must you do it at your branch?

You see, because some or most account officers wouldn't be happy that you're moving your money to do NTB, the safest way to avoid this type of issues is to go to a different branch, just walk in and ask for the officer in charge of Treasury Bills and transact your business Chikena!
Whenever you need your proof of transaction, go back to same person or desk and demand for it. And if you have no choice than to go to your branch, you don't need to involve your account officer-simply walk to the person in charge and do your transaction and return to same for your proof of investment in a week or two.

NOW, SOLUTION TO YOUR PREDICAMENT ⤵⤵⤵
Simply go to the branch where you did the Treasury Bills and ask for the officer in charge of Treasury Bills (if you don't know him or her) and ask for your hard copy. In case you're told that your account officer has collected it which I doubt very much because I normally sign for mine, insist that you must collect it or another one if she is on leave and they will surely do another one for you. If they say no, make some noise there and go to lodge a complain with the manager and threaten to close your account with them if you don't get it on that day and you will surely go home with it that day.

The head office can't give you just as you can't get it at any other branch except where you did it.

That vex we you dey vex, just carry am put for your pocket when going and bring am out and give them if the need arise. Okay?

AkDave1:
https://www.thecable.ng/bad-outing-bonds-investors-shun-auctions

The last Bond auction was largely under-subscribed, according to the DMO. Hope this will not cause the upcoming NTB auction to be over-subscribed, thereby bringing down the discount rates.

Gurus please share your thoughts!

TONY56:



You're vexing now! For us on this forum?

Abeg, na we carry you go Eco?

At any rate, it's good you've seen things yourself now.

You caused yourself the problems you're facing.

Must you go through your account officer if you want to do NTB?
Must you do it at your branch?

You see, because some or most account officers wouldn't be happy that you're moving your money to do NTB, the safest way to avoid this type of issues is to go to a different branch, just walk in and ask for the officer in charge of Treasury Bills and transact your business Chikena!
Whenever you need your proof of transaction, go back to same person or desk and demand for it. And if you have no choice than to go to your branch, you don't need to involve your account officer-simply walk to the person in charge and do your transaction and return to same for your proof of investment in a week or two.

NOW, SOLUTION TO YOUR PREDICAMENT ⤵⤵⤵
Simply go to the branch where you did the Treasury Bills and ask for the officer in charge of Treasury Bills (if you don't know him or her) and ask for your hard copy. In case you're told that your account officer has collected it which I doubt very much because I normally sign for mine, insist that you must collect it or another one if she is on leave and they will surely do another one for you. If they say no, make some noise there and go to lodge a complain with the manager and threaten to close your account with them if you don't get it on that day and you will surely go home with it that day.

The head office can't give you just as you can't get it at any other branch except where you did it.

That vex we you dey vex, just carry am put for your pocket when going and bring am out and give them if the need arise. Okay?

AkDave1:
https://www.thecable.ng/bad-outing-bonds-investors-shun-auctions

The last Bond auction was largely under-subscribed, according to the DMO. Hope this will not cause the upcoming NTB auction to be over-subscribed, thereby bringing down the discount rates.

Gurus please share your thoughts!

Gavrelino123:

Please when is the deadline of submitting my instructions for NTB for the Next Primary Market AUCTION..,
I'M banking with GTBANK....!!!
Will 364 days be available.?
please Guru in the house

And please I don't think I qualify as a Guru when my Ogas like TONY56 et al. are present

Gavrelino123:

gurus please,,,Is Monday late to submit for the Primary Auction for GTBANK...?
Will 364 days be available..?
I need to make a decision now...
Please when is the deadline of submitting my instructions for NTB for the Next Primary Market AUCTION..,
I'M banking with GTBANK....!!!

adegokekemi:
Pls can I submit by 3pm today at Stanbic

RealityShot:

Do Mutual funds..

IbTC money market fond starts at N5000 and conpounds daily forever!

Yes..you can add more any time with the TOP UP online option.. Directly with your atm card (in multiples of 5000 each time)

joseph1013!!
Yes ..there is an option for opening an account for a child.

Investnow2017:


Mutual fund would be excellent. Mutual with stanbic ibtc. Going great for my son.

Partnerbiz3:

Pls how is mutual fund the best?

ijeshaboy:
you can easily get your money within 72hours if you want it, but if you want to terminate treasury bills the conditions bank will give you will discourage you, treasury bill is for money u don't need for that minimum of 91days while mutual fund helps you keep money that you can assess in a short period of 72hours. My little knowledge.

gogedda:
Dear all, I am vexing now o, I invested in Tbills with Ecobank since July 7th, I was debited and paid upfront interest and it even reflected in my account. But my account officer has refused to help me get my proof of investment. The first time she said the lady who do send the proof in the head office was on leave.. She called me the last time, I missed her call but I knew she wanted to tell me that the proof is ready. I was at the bank the yesterday and I was told my account officer is now on leave, Infact I was told she's attending a church conference.. She only switch on her gone at night and has refused to pick my call sef. I regret investing with Ecobank. They are so unprofessional. I am planing on reporting to the branch manager. Please is it possible for one to report my branch and pick up the proof of investment from the head office... I really need this proof to present at the embassy next month.. Pls what do you think?

Partnerbiz3:


I have always terminated t bills within 12 hours sef with Access banks although the secondary market.
I terminated like 3 times in 2 months during mmm days. When they would over match me..

AkDave1:
The catch is to submit before the auction date being wednesday, but to be on a safe side, it is good you give them ample to process your request... Monday in the morning should not be too late. I submitted my last bid on a Monday at stanbic... Hope this helps.

And please I don't think I qualify as a Guru when my Ogas like TONY56 et al. are present

Phyde:

The earlier the best. I submitted mine Aug 23 at Stanbic. Today is still ok.

larrywax:
If u are in Lagos, go to Alausa(Civil Defence Office)
& ask of the NIMC office there or go to Airforce base in Ikeja close to Ladipo B/stop. u'll get National ID slip there & its acceptable to the Banks.