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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 Grupo(m): 8:19pm On Aug 23, 2018 |
4601CE: This bros wan cause trouble for here 1 Like |
Re: Treasury Bills In Nigeria by umulobi: 8:21pm On Aug 23, 2018 |
Ennamdee: ...will check my messages on WhatsApp nw.I ve been busy,sorry for late response. |
Re: Treasury Bills In Nigeria by mercy87(f): 9:18pm On Aug 23, 2018 |
Hmm.. Learning so much here. Please which is the best to invest your Tbills in? What is Primary and Secondary market? Best investment arm? Thanks. |
Re: Treasury Bills In Nigeria by unite4real: 11:42pm On Aug 23, 2018 |
Ikmontana1: TB Rates will not be attractive. But keep this in mind; When crude oil price goes up, you need your Naira to buy cheap dollar. when the crude price goes down, you need your dollar to buy cheap Naira (then invest it in TB). Na profit you go find from end to end. 4 Likes |
Re: Treasury Bills In Nigeria by Ikmontana1: 1:47pm On Aug 24, 2018 |
unite4real:tanx boss |
Re: Treasury Bills In Nigeria by Ikmontana1: 2:25pm On Aug 24, 2018 |
hello bosses, In wat situation shud an individual convert his naira to dollars with d hope of converting d dollars bck to naira in order to mk profit ?? |
Re: Treasury Bills In Nigeria by crownson(m): 2:59pm On Aug 24, 2018 |
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Re: Treasury Bills In Nigeria by dipoolowoo: 12:42am On Aug 25, 2018 |
Weak Demand Pushes Treasury Bills Yields Higher by 0.05% https://www.businesspost.ng/2018/08/25/weak-demand-pushes-treasury-bills-yields-higher-by-0-05/ |
Re: Treasury Bills In Nigeria by Oma255: 1:18pm On Aug 25, 2018 |
Sammybabelious: The 11k charges is the addiction of 25% penalty of primature termination on interest and other small charges of vat and commission fee. Yes you were charged from your principal because you didn’t have any any interest except for one day which is about 430 naira. If you had waited till maturity, your interest would have been about 39k, so 25% is like 9,700 + other small charges = 11k 1 Like |
Re: Treasury Bills In Nigeria by Sammybabelious: 6:02pm On Aug 25, 2018 |
Have actually check dis more Dan 20times .you have really made my day/ weekend..A very BIG thank you.. Inbtw.,I did not terminate it again, make I wait jejely for 3 months(by Nov)11k is too much jare ,not DAT I needed the money urgently . Oma255: |
Re: Treasury Bills In Nigeria by Nobody: 6:33pm On Aug 25, 2018 |
Sammybabelious:Hope you have made necessary arrangements to stop them from rolling it over again tho? |
Re: Treasury Bills In Nigeria by Sammybabelious: 8:48pm On Aug 25, 2018 |
You are Right. Because it actually 1.159M not 1.59M,, n I was told I will be given 1.148M. Oma255: Sammybabelious: |
Re: Treasury Bills In Nigeria by Oma255: 12:35am On Aug 26, 2018 |
Sammybabelious: You’re welcome. Yes the choice to wait till maturity is better. |
Re: Treasury Bills In Nigeria by Partnerbiz(f): 9:22am On Aug 26, 2018 |
Oma255: Morning, On what authority do you say this? Does the 25% charge apply to all banks or just First bank? Because we have seen on this thread where terminations are done with no bank charges. |
Re: Treasury Bills In Nigeria by Nobody: 9:38am On Aug 26, 2018 |
Partnerbiz:lol |
Re: Treasury Bills In Nigeria by gaeul(f): 1:32pm On Aug 26, 2018 |
Hello House. I did 91days with FBN. After the second rollover, I asked that my investment be terminated. I was asked to submit an application at any branch which I did 2weeks prior to my TB maturity date. Sadly First bank still rolled it over. What should be my next action cos these banks sabi confuse people...they know how to put blame on customers and manipulate things. I really need my cash and I don't want to pay for First Bank mistake. Please what to do? |
Re: Treasury Bills In Nigeria by amordiguys(m): 2:01pm On Aug 26, 2018 |
Partnerbiz:even me confuse... Y would they deduct up to 25% of interest?. If this is true, then those guys are thieves.. |
Re: Treasury Bills In Nigeria by aviona: 2:59pm On Aug 26, 2018 |
@gaeul, FBN requires you to notify the bank, at least 3 three weeks (minimum) before maturity. This clause is always written (though in smaller fonts) on their T-bills application forms. So obviously, you did not meet with that condition; hence the automatic roll over of your investment at the current interest rates, favourable or not, with or without your knowledge. Hope others will take note. |
Re: Treasury Bills In Nigeria by janga(m): 4:16pm On Aug 26, 2018 |
Anyone have idea how to check Tbill maturity date via FirstOnline? For GTbank its easy to check via the internet Banking but i have not see where Firstbank added it on FirstOnline |
Re: Treasury Bills In Nigeria by freeman67: 5:10pm On Aug 26, 2018 |
aviona: Yeah but unofficially if you can reach the branch you initiated the transaction at least like 3days before maturity.. There can still handle it for you... 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 5:22pm On Aug 26, 2018 |
Goodevening, Guys I would like to confirm the next auction date, 29th August? Is this correct, please? |
Re: Treasury Bills In Nigeria by aremso(m): 5:29pm On Aug 26, 2018 |
my Ogas in the house pls i did a tb of 241days with ecobank and the maturity day is january 3, 2019. i want to terminate it by November ending pls how much will i be charged for not waiting till maturity Gurus pls help me out. the amount is 10m @11.5% for 241day. many thanks my ogas 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 5:45pm On Aug 26, 2018 |
aremso:You don sight bonanza period My Oga o Oya check this out. Oma255: Oma255:
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Re: Treasury Bills In Nigeria by aremso(m): 6:06pm On Aug 26, 2018 |
4601CE: i no sight bonanza period o ooo i need the money sharpaly that is why ooo and none of my ogas don answer me ooo 1 Like |
Re: Treasury Bills In Nigeria by murphyrichy(m): 6:44pm On Aug 26, 2018 |
Happy Sunday guys, its been long, please what's the current percentage of T-bills now. And the next auction day? |
Re: Treasury Bills In Nigeria by umulobi: 7:39pm On Aug 26, 2018 |
murphyrichy: Bidding holds on 29th of this month...the rate is determined by CBN,no one is privileged to know the rate prior to bidding but one can forecast based on available indices. |
Re: Treasury Bills In Nigeria by gaeul(f): 9:46pm On Aug 26, 2018 |
aviona: Thanks a million...Truly appreciate. Can I notify them to terminate this one by maturity tomorrow or is it too early? |
Re: Treasury Bills In Nigeria by murphyrichy(m): 11:00pm On Aug 26, 2018 |
umulobi:Alryt thanks for replying me. |
Re: Treasury Bills In Nigeria by Teedeechian(m): 11:06pm On Aug 26, 2018 |
Why is everybody into Tbills and not into fixed deposit?, which is better, and does anybody knows the monthly % of fixed deposit in nigerian bank? |
Re: Treasury Bills In Nigeria by Nnamz(m): 4:20am On Aug 27, 2018 |
Oga read the first and last few maybe 15 pages of this thread Teedeechian: |
Re: Treasury Bills In Nigeria by Acidosis(m): 7:03am On Aug 27, 2018 |
aviona: na wa for FBN o. Banks generally don't roll over. Why ask customers to return to a branch after many months just to get back their money? A simple box where customers can tick an option to rollover on the application form will resolve this issue. 1 Like |
Re: Treasury Bills In Nigeria by Grupo(m): 8:39am On Aug 27, 2018 |
Hello guys, please help. I have some cash lying idle in my gt bank account. I want to use it to buy tbills until I decide what to do with it. Which particular day within the week should I go to the bank and which unit of the bank should I directly to make enquiries. (Make una forgive my ignorance o). Answer please. |
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