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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4625539 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 GonFreecss1: 11:08am On Mar 27, 2019 |
Agbaletu: Real sharp Guy. |
Re: Treasury Bills In Nigeria by GonFreecss1: 11:11am On Mar 27, 2019 |
unite4real: Hahahahahaha. Sell for boys na... ![]() 1 Like |
Re: Treasury Bills In Nigeria by globalresource: 3:09pm On Mar 27, 2019 |
Someone should please drop the formula for Treasury Bill. Thanks And which banks offer the best rates in the market |
Re: Treasury Bills In Nigeria by ImperialCovfefe: 3:20pm On Mar 27, 2019 |
Barrytone: For offshore transfers, I think GTB is 0.5% of amount + $25 offshore charge + N6000 telex. |
Re: Treasury Bills In Nigeria by GonFreecss1: 4:24pm On Mar 27, 2019 |
ImperialCovfefe: TBH this is quite expensive, and it might probably be among the cheapest relative to other banks. Nawa! 1 Like |
Re: Treasury Bills In Nigeria by Olusheyi1(m): 4:29pm On Mar 27, 2019 |
See my rich signature for your urgent financial needs |
Re: Treasury Bills In Nigeria by Rijo02: 5:23pm On Mar 27, 2019 |
divinelove: Not sure there is a minimum! Some experts here can confirm. |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 7:43pm On Mar 27, 2019 |
divinelove:100k |
Re: Treasury Bills In Nigeria by Rijo02: 8:05pm On Mar 27, 2019 |
Bluecollarguy: Stanbic!! |
Re: Treasury Bills In Nigeria by Rijo02: 8:10pm On Mar 27, 2019 |
oludy: On the contrary, I opened and the account became active in 2 days (just because of time zone and logistics). The painful part is just wasting money on notarizing documents. My Nigerian passport and utility bill had to be notarized ($100 just like that). Now, the worst is that I have to notarize my indemnity form!! So just to open account now, person go keep $150 because say em no dey stay for Naija. Well.......... |
Re: Treasury Bills In Nigeria by oludy: 8:15pm On Mar 27, 2019 |
Quite interesting to know. Thanks for sharing. |
Re: Treasury Bills In Nigeria by TotoNaRubber: 8:26pm On Mar 27, 2019 |
Really, which bank requests such? Rijo02: |
Re: Treasury Bills In Nigeria by Nnamz(m): 8:59pm On Mar 27, 2019 |
Pascopele:Is it your credit? Why una too like to dey take paracetamol for another person headache lol 3 Likes |
Re: Treasury Bills In Nigeria by Nnamz(m): 9:05pm On Mar 27, 2019 |
Rijo02:Na you wan spend money na. When you are very conservative with money like myself, when you've grown with a mother that is akagum in the highest level possible, you will learn by force to avoid spending even 5 Naira unnecessarily lol. Anyways, I opened GTB, Zenith, StanBic, and First from Canada and I didn't spend shi shi ![]() 2 Likes |
Re: Treasury Bills In Nigeria by Toyyn: 9:17pm On Mar 27, 2019 |
Dear Gurus......please is it profitable to sell a TB purchased at 14.5% interest for 12% interest rate? |
Re: Treasury Bills In Nigeria by Rijo02: 9:35pm On Mar 27, 2019 |
TotoNaRubber: Stanbic |
Re: Treasury Bills In Nigeria by Rijo02: 9:38pm On Mar 27, 2019 |
Nnamz: Really? In Canada? So I wasted my monies eeh? Abeg which bank did those for you as CIBC and Scotia said they don't offer notary to customers. Which court can do that? |
Re: Treasury Bills In Nigeria by dipoolowoo: 11:33pm On Mar 27, 2019 |
One-Month T-Bills Yield Drops to 10.51% After 0.69% Loss https://businesspost.ng/2019/03/27/one-month-t-bills-yield-drops-to-10-51-after-0-69-loss/ |
Re: Treasury Bills In Nigeria by dipoolowoo: 11:40pm On Mar 27, 2019 |
Haaa, No put me for trouble o. Why I go vex na? The sky is wide enough to accommodate everyone. Our sole aim here is to get updated with market info. It must not come from my end. Nnamz: 4 Likes |
Re: Treasury Bills In Nigeria by zamirikpo(m): 12:53pm On Mar 28, 2019 |
IT WILL NOT BE WELL WITH LOW RATES 12 HOURS OF INACTIVITY ON THIS THREAD IS UNUSUAL. With inflation around 11% dem for leave rates around 14%. make our profit be 3%. Na wa ooh. 5 Likes |
Re: Treasury Bills In Nigeria by divinelove(m): 2:35pm On Mar 28, 2019 |
Just2endowed2: Do they pay off-front 1 Like |
Re: Treasury Bills In Nigeria by RealityShot: 4:31pm On Mar 28, 2019 |
dipoolowoo:well, this will be great news for those who have access to Bank loans naa...& hopefully they will drop prices of what they import!!! btw...see this.. Micro Pension Plan https://www.pencom.gov.ng/micro-pension/ see how scanty the info on pencom's site is? What does that tell you? well, i will tell you something; it is better you contribute part of your income (no matter how small) to money market fund and/or Treasury bills.. than to give pencom your life's savings. why? well, when it is time to collect, they will show you you no longer OWN the money; it is they who will make all the decisions and give you WHATEVER they deem fit, WHEN they like!!! BEWARNED. 1 Like |
Re: Treasury Bills In Nigeria by GonFreecss1: 4:38pm On Mar 28, 2019 |
RealityShot: My brother thank you for this, please say this louder and warn them. Let them hear! 1 Like |
Re: Treasury Bills In Nigeria by awesomeJ(m): 4:43pm On Mar 28, 2019 |
RealityShot: But the 8.5% is compulsory now. And even if you could opt out, you'd be losing out of the employer match which is free money. The voluntary contribution is what I wouldn't subscribe to, just as I wouldn't subscribe to equity mutual funds. Basically cos those fund managers will underperform, and yet pay themselves fat from contributors' funds. I wish they'd make pension optional though. Those who want should do it, while the rest of us can be allowed to invest our 17-20% ourselves. 3 Likes |
Re: Treasury Bills In Nigeria by RealityShot: 4:47pm On Mar 28, 2019 |
Olusheyi1:37% on loans according to your website!!! is that the reduction in rates our "RICH" signature is offering? Seriously ![]() 1 Like |
Re: Treasury Bills In Nigeria by RealityShot: 4:58pm On Mar 28, 2019 |
awesomeJ:exactly. now that they are spreading their bad idea to non-civil servants like us, i think it's best everyone is aware of what they are getting into. but, alas, the pencom website is vague! i know someone who just got gratuity this month after 5 years of waiting. guess what, pencom first said last year january, she would get an amount; by december, they changed it to quarter of the initial amount. she tried to complain nd she was vehemently refuted. |
Re: Treasury Bills In Nigeria by RealityShot: 5:02pm On Mar 28, 2019 |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 5:23pm On Mar 28, 2019 |
1 Like |
Re: Treasury Bills In Nigeria by GonFreecss1: 7:20pm On Mar 28, 2019 |
RealityShot: Nawa o! On top her own money? I can bet they are employing a form of fractional reserve i.e. Legal Government Backed Ponzi Scheme. 1 Like |
Re: Treasury Bills In Nigeria by needful: 7:22pm On Mar 28, 2019 |
Nnamz: Am also in Canada, I want to open in stanbic too. But notarization is holding it. Abeg which bank and court did it free for you. My lawyer here is charging me $70 for 3docs. But am still waiting to see if I could get it done for free. |
Re: Treasury Bills In Nigeria by RealityShot: 8:00pm On Mar 28, 2019 |
GonFreecss1:exactly! they used most of the funds for something and asked the owners to take less or nothing. then they hope to invest in Tbills and pay the owners part of the proceeds. All the while keeping the capital with them forever! and that fractional reserve part eh! (are we sure there is even any fraction there?) REMEMBER THIS : https://punchng.com/fg-borrows-n5-5tn-from-pension-savings-delays-minimum-payment/ i wish i can open a pension or an insurance firm!! |
Re: Treasury Bills In Nigeria by Nnamz(m): 11:45pm On Mar 28, 2019 |
Rijo02:It depends on what you define as notary. A notarized document is just anything that has your name and home address on it, with an official stamp of a recognized institution. In my own case, I had CIBC (same CIBC that doesn't offer notary to customers according to you lol) print a paper that had my name, address, and account balance. Then the paper was stamped and signed. Shi shi did not go into this. The banks in Nigeria accepted this as a notarized document. Case closed! 1 Like 1 Share |
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