zamirikpo:


How do u manage 7trucKs when I can't sleep if my driver calls about a breakdown on the road.

Am even thinking of eliminating long hauls ooh.

ahiboilandgas:
not only 7 am managing overseening 27 ....7 directly 20 indirectly.....it not easy but notting is easy when money making involved

ahiboilandgas:
if u can do several local it ok....my truck delivers to nnpc ikoyi like 22 trip per months it net also same with 4 bridging per months...but accident in the town are worst ...remember otedola bridge

ositadima1:


You should be sending your drivers for safety and operations courses at least once a year. Some of these accidents are due to drivers negligence.

ositadima1:


Oga, no be small o. Do you manage for people? I can see the biz has risks but is also profitable. Is the 12 mil just for d tanker or covers costs including registration and all necessary to put it on d road?

walcolm:


With 1m, you can only buy tbills at the secondary market. You have to ask your financial services provider the maturity dates that are available. I know there's a set maturing on April 4th. Buyers don't determine the maturity date of tbills so if your window is 30days you might not find something that fits exactly

But if you're flexible, I'm sure they can find something for you

freeman67:


Getting the exact 30days tenure for TB will most time come with some stroke of luck... It is not impossible anyway. Just contact your bank or other financial institutions you use to see the if it is available.

ClitRaider:

Thanks brothers.
I just left Diamond Bank, the available tenor for TBills starts from 61 days @8.2%.
Meanwhile the bank officer advised me to go for FD for 30 days @ 9%.

I think the latter is better tho.

ClitRaider:

Thanks brothers.
I just left Diamond Bank, the available tenor for TBills starts from 61 days @8.2%.
Meanwhile the bank officer advised me to go for FD for 30 days @ 9%.

I think the latter is better tho.

Nnamz:


You're full of crap. With 100,000 Naira, you can buy tbills at the primary market. Stop littering this thread with false information.

ClitRaider:

Thanks brothers.
I just left Diamond Bank, the available tenor for TBills starts from 61 days @8.2%.
Meanwhile the bank officer advised me to go for FD for 30 days @ 9%.

I think the latter is better tho.

Akin3891:



So the Mr. Over Sabi no nothing afterall. Empty barrels make the most noise . People that believe they know it all and hate corrections are always full of craps

OgogoroFreak:
They lied to you. I doubt if Diamond bank will give you more than 5% when you fixed for 30 days.

As far as I know, Stanbic ibtc gives the best interest rate on fixed deposit. i.e 8.5% for 30days.

ClitRaider:

Thanks brothers.
I just left Diamond Bank, the available tenor for TBills starts from 61 days @8.2%. Meanwhile the bank officer advised me to go for FD for 30 days @ 9%.

I think the latter is better tho.

234ng44uk:

What is wrong in his comment? You mean to say 100,000 is to small to buy tbills from primary market?

awesomeJ:
I think enough has been said about I-Invest.

Walcom, Barrytone feels uncomfortable with how he was treated in his last dealing with them, he has the exclusive right to his appraisal of any service he receives. There's no point telling him whom to blame and whom not to.

Barrytone, Walcom thinks you shouldn't place a bad label on I-Invest as some folks like himself still enjoy their service. So please agree that he can choose to take pleasure in being served by any firm he chooses.

So, bottom line is there's enough info now on the forum about what's obtainable from banks and what's obtainable from Apps like I-Invest.

let each man choose for himself

Meanwhile Q2 is coming in just a few days.

How many of us have reached 25% of our investment target for the year?

By month end, I'll be at about 10%.
If I go with the second target it'll be about 13%.

Ibrahim505:
You may not like the app but investing with it is more convenient to me, thanks to their liquidity and credibility

The fact that you had one bad experience with them should not be a reason to be tarnishing their reputation as we just read from your side.

I started using the app from October as i did more than 30 transactions so far. No single problem!

Whenever I demand my money from either matured or running investment i got it instantly.

My verdict; @Barrytone must be novice at using business application which made makes him to follow the wrong procedure of investing with the app.

Bumzy8:
good afternoon everybody in d ouse. i jst got to knw abt TBILLS last month n i went to my bank last week(Access bank). I told d bank manager i want to investment my little change( 1 million) dat has bn lyin in my acct useless for a while.he gave me a form to fill n whn it got to tenor, he opened his system n showed me some dates n %,i picked d closest wch z 44days @9%.my question now z how do i calculate my interest in case of next time so i can make a better choice cuz i blv i didnt make a gud one nw. i will be expecting ur replies,tnx.

lancee:
Zenith officer just told me there is no PRY Tbills Auction this week

pls house how far it that true ?

MCeemajesty:
He is very correct. Next Auction is on 04/04/2019.

OgogoroFreak:
They lied to you. I doubt if Diamond bank will give you more than 5% when you fixed for 30 days.

As far as I know, Stanbic ibtc gives the best interest rate on fixed deposit. i.e 8.5% for 30days.

Just2endowed2:


what is the minimum amount to get that rate?

its pathetic we are now comparing FD to TB. hehehehe

ahiboilandgas:
tell them this can happen....our truck with 44000 litres of deseal entroue taraba all lost another truck bought 4 months ago worth 12 m got an accident

Chekitaut:
With a good insurance policy this will taking care off.

walcolm:


since you're constrained by your 30day investment window, the FD is probably your best option. if you have another bank apart from Diamond bank, you can try to get another opinion on what rate you can get for the FD noting that in all cases, there's a 10% WHT that will be applied to your interest as previously mentioned to you by another post

Speaking of Diamond bank, hope you know that the bank is now officially Access bank and your account will be converted to an access bank account. I suggest you walk into Access bank and ask them what they have on offer for T-bills and FD just to know what other possibilities are available to you

bon chance

ClitRaider:


Thanks for the details bro,
sometimes last February, i visited all the banks available execpt Stanbic to my suprise, Diamond Bank got the best deal.
GT offered 5.5%, First Bank 7%, Ecobank 8%, Access 4,5% the rest are just poor.
However, 30 days is never a constant, the problem is getting much money.
Ive discovered I could get more money on FD in 61 days than TBills.

Thanks again bro.