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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4619236 Views)
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 dotcomnamename: 4:13pm On Oct 02, 2017 |
Can one top up Treasury Bills? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:26pm On Oct 02, 2017 |
dotcomnamename: Why not? You can if you have the fund. |
Re: Treasury Bills In Nigeria by opomulero(m): 5:16pm On Oct 02, 2017 |
What are commodities market |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:39pm On Oct 02, 2017 |
opomulero: It is not well developed and structured in Nigeria. You can read more on it from investopedia. It involves structured and regulated trading in commodities and agricultural products and futures. Obasanjo started the frame work for a commodity exchange in Nigeria, but successive government could not take the frame work to the next level. Commodity trading as we have it now is not yet regulated and I can't invest in in. Eg cow of 150k in Lagos could be 80k in the North. When you calculate the cost of transportation, feeding, taxes etc, a commodity investors could make about 10k return on his investment of 150k in less than 2 months. You don't have to buy the cow, you invest in the contract or future of the commodity. The commodity exchange will also change the fortune of agriculture and commodities in Nigeria. Hope we are not derailing this thread, but real investors are ready to learn and open minded to every legitimate investment opportunities. 2 Likes |
Re: Treasury Bills In Nigeria by opomulero(m): 6:55pm On Oct 02, 2017 |
emmanuelewumi: Thank you for the explanation |
Re: Treasury Bills In Nigeria by opomulero(m): 6:57pm On Oct 02, 2017 |
Please house is there t bills auction today as there is public holiday.? If not when will be the next auction date |
Re: Treasury Bills In Nigeria by henrinco(m): 7:24pm On Oct 02, 2017 |
opomulero:No today is public holidays. Next auction is Wednesday |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:59pm On Oct 02, 2017 |
I may be wrong, but I foresee a drop in borrowing cost to sub 20% in the next 6 months or less. 1 Like |
Re: Treasury Bills In Nigeria by dipoolowoo: 10:17pm On Oct 02, 2017 |
CBN to Auction N134.36b Treasury Bills Thursday https://www.businesspost.ng/2017/10/02/cbn-auction-n134-36b-treasury-bills-thursday/ 1 Like |
Re: Treasury Bills In Nigeria by dipoolowoo: 10:17pm On Oct 02, 2017 |
opomulero: CBN to Auction N134.36b Treasury Bills Thursday https://www.businesspost.ng/2017/10/02/cbn-auction-n134-36b-treasury-bills-thursday/ |
Re: Treasury Bills In Nigeria by Nobody: 10:43pm On Oct 02, 2017 |
zamirikpo:Pls, what bank do you have a Dom account with? |
Re: Treasury Bills In Nigeria by Onboard1: 1:12am On Oct 03, 2017 |
Kemade2007: How did you open Stanbic MMF account? Does it requires opening a deposit account first? |
Re: Treasury Bills In Nigeria by Odunharry(m): 4:00am On Oct 03, 2017 |
Onboard1:. I doubt. . For new subscribers: *Fill in a subscription form and issue a cheque or draft for the units applied for. *Make a draft payable to Stanbic IBTC Money Market Fund. *Send your cheque, filled in subscription form and other documents to any of our offices in Lagos, Abuja or Port-Harcourt, or any branch of Stanbic IBTC Bank. Within five days, we will send you an email confirming your purchase of units and telling you how to log into your account. For existing subscribers : You can buy additional units using the channels below: ATM Our secure online portal Quicktellee. Direct debit. https://www.stanbicibtcbank.com/Nigeria/Individual/Saving-and-investing/Money-Market-Account |
Re: Treasury Bills In Nigeria by zamirikpo(m): 6:45am On Oct 03, 2017 |
JohnXcel: Diamond bank, Asaba. Delta state. |
Re: Treasury Bills In Nigeria by Kemade2007(f): 9:00am On Oct 03, 2017 |
Onboard1: I walked in to Stanbic bank in my area. Met with the asset management officer. He gave me the form to fill since I don't have account with them.,I went to my bank for transfer to SMMF account then came back with the transfer form.So that's all. |
Re: Treasury Bills In Nigeria by NL1960: 9:11am On Oct 03, 2017 |
emmanuelewumi: Baba landlord, you don come again with this your 'x bought for y amount z years ago is now .......'. What of those not born then?. ![]() 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:52am On Oct 03, 2017 |
NL1960: I am sorry, 300k would have bought a V-booth in 2000. I doubt if anyone will buy the car for 300k in 2017. |
Re: Treasury Bills In Nigeria by NL1960: 10:09am On Oct 03, 2017 |
emmanuelewumi: I bought corn flakes for N1 in 1981. I doubt if any one can buy the same corn flakes now for N1. ![]() |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 10:26am On Oct 03, 2017 |
NL1960: Funny guy. It appears you love cornflakes, I hope you also invested in the cornflakes company ie Nestle in 1980. You should be a Naira billionaire, if you did. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 10:31am On Oct 03, 2017 |
Treasury Bills crowded out private businesses from the debt market. I think there will be a renewed interest in commercial papers, corporation bonds and states bonds. |
Re: Treasury Bills In Nigeria by NL1960: 10:35am On Oct 03, 2017 |
emmanuelewumi: How old was I then?. Btw, a bottle of coca cola was 10kobo then also. Did i invest in coca cola then?. If Nigerian had invested in refineries when fuel was 60kobo, imagine how much the FG will be making now. If somebody had stock piled USD when exchange rate of Naira to USD was N1 to 1 USD, the person would be a multi Billionaire by now. ![]() ![]() |
Re: Treasury Bills In Nigeria by Nobody: 11:18am On Oct 03, 2017 |
zamirikpo:Thanks |
Re: Treasury Bills In Nigeria by Nobody: 11:19am On Oct 03, 2017 |
zamirikpo:Pls what are their fees like? Withdrawal fee? Bank to bank transfer of Dollars? |
Re: Treasury Bills In Nigeria by easyflow: 11:24am On Oct 03, 2017 |
Got 16% for 93 and 184 days while for 303 days was 15%. Going for 16% 184 days. I hope its the right choice. Secondary market |
Re: Treasury Bills In Nigeria by xammy(m): 11:30am On Oct 03, 2017 |
easyflow: 303 FOR 15% Why? |
Re: Treasury Bills In Nigeria by xammy(m): 11:37am On Oct 03, 2017 |
I am about to send my bid for this week at 16% for 364 guru in da house please advice. She co operative offer me 16% for 180days |
Re: Treasury Bills In Nigeria by zamirikpo(m): 1:11pm On Oct 03, 2017 |
JohnXcel: I have to check my email and send u the full details. Just chill 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 1:38pm On Oct 03, 2017 |
zamirikpo:OK sir. |
Re: Treasury Bills In Nigeria by dotcomnamename: 2:43pm On Oct 03, 2017 |
easyflow: Are you sure of this? Cos i got 13% for someone for 87 days ![]() ![]() ![]() |
Re: Treasury Bills In Nigeria by Kemade2007(f): 3:04pm On Oct 03, 2017 |
easyflow: Please which bank 1 Like |
Re: Treasury Bills In Nigeria by megacontrol(m): 4:16pm On Oct 03, 2017 |
Guys in thinking short term (about 60days or so) which direction should i be looking to invest a fund that i don't quite need for now. T-bilss vs MMF vs Fixed deposit (good rate) Fixed Deposit: So far from my little research renmoney could do 20%p.a. on 10m, this will fetch me about 313k in 60days. I don't know if other institutions will beat that but that profit of 313k will form my minimum/base for comparison. So my question to the experts in the house is: Can i do better than that with T-bills or MMF given the short tenure? If yes, how? Note: I am definitely liquidating at the end of the 60-70days tenure to utilise the funds.I need to make a decision quickly and push the funds out. Thanks a lot |
Re: Treasury Bills In Nigeria by dotcomnamename: 4:39pm On Oct 03, 2017 |
megacontrol: Treasury Bills is the best! Your money is safe. ![]() |
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