maklelemakukula:
Ahiboilandgas is a tribalist with low self esteem...take him serious at your own peril

u a nationalist with high self esteem

maklelemakukula:
Ahiboilandgas is a tribalist with low self esteem...take him serious at your own peril

What then would you call @ositadima1 and @barrytone?

Dracoe:
Good morning everyone. I want to invest in t bills ,I’m still a student and I plan on starting with 50,000(I don’t know how feasible this is;prolly someone could enlighten me)
I would like to know which bank is best and which has the highest rates .And also the best in investing in whether the 91,182 or 364 days tenor, as I don’t plan on touching the money for a really long time.Also if I was doing the 364 days tenor,do I have to keep reinvesting once the 364 days is over ?
Your contributions are highly welcomed and appreciated.

Nice that you are considering investment. It is good to always start early. I would advised that you open a Money Market Fund(MMF) instead with that amount. MMF allows you to top up with any amount you have any time which TB does not allow. The only advantage TB has over it is that TBs pays interest upfront.

NL1960:


Nice that you are considering investment. It is good to always start early. I would advised that you open a Money Market Fund(MMF) instead with that amount. MMF allows you to top up with any amount you have any time which TB does not allow. The only advantage TB has over it is that TBs pays interest upfront.

Very solid advice you gave that lad.

Anyone with updates of today's primary market auction?

Pls House update with todays results ..Thanks

I grew up strangely. Last child of a once wealthy man. So I grew up seeing the remnants of wealth but not actually tasting it.
My siblings told me at some point we had 10 cars & all of them were driven chauffeured to school.By the time my parents had me, my dad was nearly retired. And you can tell the difference. My siblings are all bougie. Me I am original “aje pako” But as I grew older, I began to see that if my dearest pop man had planned better for his retirement, he would have been able to maintain a semblance of his life until the end.

I’m not sure who needs to hear this but if you haven’t started saving for retirement, start today. You will never be as vibrant as you are today. As you grow older it is harder to take risks. When young you can afford to be aggressive about your investments because you have time to make it up.

Start investing today, make the mistakes now & learn along the way. Start small Oh another thing that came up at my talk yesterday was health and wellness. Your physical health affects your financial health a great deal. And healthcare can make one go bankrupt.
Take care of your health and get health insurance. Stop winging it.

DaBogu:
I grew up strangely. Last child of a once wealthy man. So I grew up seeing the remnants of wealth but not actually tasting it.
My siblings told me at some point we had 10 cars & all of them were driven chauffeured to school.By the time my parents had me, my dad was nearly retired. And you can tell the difference. My siblings are all bougie. Me I am original “aje pako” But as I grew older, I began to see that if my dearest pop man had planned better for his retirement, he would have been able to maintain a semblance of his life until the end.

I’m not sure who needs to hear this but if you haven’t started saving for retirement, start today. You will never be as vibrant as you are today. As you grow older it is harder to take risks. When young you can afford to be aggressive about your investments because you have time to make it up.

Start investing today, make the mistakes now & learn along the way. Start small Oh another thing that came up at my talk yesterday was health and wellness. Your physical health affects your financial health a great deal. And healthcare can make one go bankrupt.
Take care of your health and get health insurance. Stop winging it.

Do we have health insurance in Nigeria?

Auction Date (03/04/2019)

Stop Rates (%):

10.2900 - 91 Day

12.6000 - 182 Day

12.8500 - 364 Day

lancee:
Pls House update with todays results ..Thanks

OgogoroFreak:
Do we have health insurance in Nigeria?

Of course we do. Both the public (nhis) and private.

Whether it's worth it is another discussion all together.

MCeemajesty:
Auction Date (03/04/2019)

Stop Rates (%):

10.2900 - 91 Day

12.6000 - 182 Day

12.8500 - 364 Day

Looking forward to those days of 15% again. CBN should take time

MCeemajesty:
Auction Date (03/04/2019)

Stop Rates (%):

10.2900 - 91 Day

12.6000 - 182 Day

12.8500 - 364 Day

Nice still fair ..Thanks sir

MCeemajesty:
Auction Date (03/04/2019)

Stop Rates (%):

10.2900 - 91 Day

12.6000 - 182 Day

12.8500 - 364 Day

A slight improvement from the last Auction results....

I think we might see an uptick in rates in the coming days.......some people must fund the new govt borrowing for the improved N10Tr budget!

alezzy13:


Of course we do. Both the public (nhis) and private.

Whether it's worth it is another discussion all together.

Lolz...

Abeg, make them carry their wahala go. Afterall, Naija sickness no dey pass malaria and typhoid.

Grupo:
Hahahaha. Ogogorofreak must have taken a lot of ogogoro last night.

I thought the thread was about being turned into a charity. I was almost dropping my 'akant' number to receive my own 100k.

Chai.

my guy for begin see akant namba left right centre now

I think so, Mutual Insurance does.

OgogoroFreak:
Do we have health insurance in Nigeria?

Tweetums:
I have 15m fixed deposit in Polaris bank but the return is very low every 91 days I receiving #336,575.. Pls, what are the processing to move to treasury bill... Thanks

Are you the same Tunlip Tweetums; the forex guru i met on facebook some years back?

Phyde:

Are you the same Tunlip Tweetums; the forex guru i met on facebook some years back?

yes ooooo...
I'm not trading forex again but crypto on point now....
Do you know much about tb?

Pls House, is it better to but Tbills at cbn rate or through secondary markets. What are the merits and demerits
I am a newbie
Thanks

Experience4u:
Pls House, is it better to but Tbills at cbn rate or through secondary markets. What are the merits and demerits
I am a newbie
Thanks

If you know the concept of whole sale and retailing the that answered your question. CBN rate is the whole sale rate while secondary MKT rate is the retailing rate. Eg if CBN rate is 15% cos banks buys in bulk they may buy @15% then sell at 14.2%. CBN rate is always the best rate but not always available everyday like secondary MKT who may have bought like 100billon then selling it bit by bit but u can also negotiate the secondary MKT rate

NL1960:


Nice that you are considering investment. It is good to always start early. I would advised that you open a Money Market Fund(MMF) instead with that amount. MMF allows you to top up with any amount you have any time which TB does not allow. The only advantage TB has over it is that TBs pays interest upfront.

What’s the interest rate of money market fund like per annum?

aremso:



thanks, my banker from stanbic just sent same to me, my sis in eco bank tried to get 12.85% for 191days but i want 240days may be i will go for it

after your loot from zenith you want to tie it down till DEC!I envy you.

Hi guys. Pls I'm new here and reading thru small small. I just want to ask. Can one buy more that one TB? Or its limited to one account, one tb?
Edakun sorry for my question if it sounds bakan bakan

Iyamarun:
Hi guys. Pls I'm new here and reading thru small small. I just want to ask. Can one buy more that one TB? Or its limited to one account, one tb?
Edakun sorry for my question if it sounds bakan bakan

You can get any amount of Tbills with one account.

Iyamarun:
Hi guys. Pls I'm new here and reading thru small small. I just want to ask. Can one buy more that one TB? Or its limited to one account, one tb?
Edakun sorry for my question if it sounds bakan bakan

you can buy as much as you want.

Lordsnipper:

It doesn't mean you can't help

Seriously dude if you're expecting even a penny here, you're a dreamer. Sell your phone and help yourself.

CBN Sells Fresh T-Bills Worth N96bn, Raises Stop Rates
https://businesspost.ng/2019/04/04/cbn-sells-fresh-t-bills-worth-n96bn-raises-stop-rates/

I am expecting some returns back into my account today. From there, I can think of way forward.

DOLLARTEX:
after your loot from zenith you want to tie it down till DEC!I envy you.

Lol. Oga I dey follow wetin you taught me ni ooo

Nnamz:

Seriously dude if you're expecting even a penny here, you're a dreamer. Sell your phone and help yourself.

Will you buy blackberry Q10 for even 5k,lemme sell to you

Wow! Lots of fascinating comments here. I want to start trading T-bills, but I do not know where to start, bills to buy, or how to start. Some guidance would help. Any help/suggestions would be appreciated. I take God beg una.

MCeemajesty:
Auction Date (03/04/2019)

Stop Rates (%):

10.2900 - 91 Day

12.6000 - 182 Day

12.8500 - 364 Day

I see (hope) rates finds support around this 12.5 - 12.85 region with a bid to bounce back to the highs of around 15%.

Fingers crossed.