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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4624666 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 Tweetums(f): 10:57pm On Apr 04, 2019 |
philip2014:OK... Thanks |
Re: Treasury Bills In Nigeria by isangjohnson: 11:12pm On Apr 04, 2019 |
@ tweetums. Thanks for pouring cool water on my head. But on a serious note, I will never handover or do any transaction in any bank without collecting document or something to show for the said transaction. I may close my eyes with minor cash, if only it's free cash derive from seamless source like politics, otherwise I'll give it closed marking. |
Re: Treasury Bills In Nigeria by dipoolowoo: 1:55am On Apr 05, 2019 |
30-Day T-Bills Yield Falls to 9.95% as CBN Mops up N201bn https://businesspost.ng/2019/04/05/30-day-t-bills-yield-falls-to-9-95-as-cbn-mops-up-n201bn/ |
Re: Treasury Bills In Nigeria by Tweetums(f): 2:20am On Apr 05, 2019 |
isangjohnson:Lolzzz, I can view the fixed deposit in my Acc and the percentage and maturity date.... 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 3:28am On Apr 05, 2019 |
That was rude and harsh but guess what, i will not bring down myself to your level! ogawisdom: |
Re: Treasury Bills In Nigeria by Nnamz(m): 4:28am On Apr 05, 2019 |
. 2 Likes
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Re: Treasury Bills In Nigeria by isangjohnson: 6:05am On Apr 05, 2019 |
Thank you my brother @ Tweetums |
Re: Treasury Bills In Nigeria by isangjohnson: 6:36am On Apr 05, 2019 |
Please link me up with mail: isangjohnson@yahoo.com |
Re: Treasury Bills In Nigeria by Acidosis(m): 7:17am On Apr 05, 2019 |
isangjohnson: She paid N1.5m in cash? Holds no savings or current account with the bank? Some people sef 1 Like |
Re: Treasury Bills In Nigeria by isangjohnson: 7:23am On Apr 05, 2019 |
Acidosis:She holds savings account with them and I believe it was transferred because the cash was already in her account. |
Re: Treasury Bills In Nigeria by Desanta(m): 7:28am On Apr 05, 2019 |
isangjohnson:My understanding is that money should have been paid into an account, whether yours with the bank or that of the bank. You don't give cash to anyone in the bank, you pay to the cashier and get a teller. Modified. If the cash was already in her account, then you have nothing to worry about. |
Re: Treasury Bills In Nigeria by Nnamz(m): 9:44am On Apr 05, 2019 |
. |
Re: Treasury Bills In Nigeria by isangjohnson: 10:28am On Apr 05, 2019 |
Thanks for your response @ Acidosis and Desanta 1 Like |
Re: Treasury Bills In Nigeria by Omonigeriarere: 11:07am On Apr 05, 2019 |
Hi House, I bided for PMA at GTB at the rates of 12.5% for 182 days and the bid was unsuccessful despite the fact that same was below the official rate of 12.6.released by CBN. Could you please suggest the way forward as I am ready to take it up with the Bank. Thanks in anticipation of your swift response. 1 Like |
Re: Treasury Bills In Nigeria by Tweetums(f): 11:15am On Apr 05, 2019 |
The Acc officer didn't grant my letter to terminate my fixed deposit, then discouraging me about tb.... But I insisted they should terminate it without argument 6 Likes |
Re: Treasury Bills In Nigeria by TotoNaRubber: 12:04pm On Apr 05, 2019 |
Obviously Gtb tried to make money off you by bidding higher than you told them and it backfired on them. It is their fault since you stated your bid rate. I will advice you go to their office with a SAN, police, army, sango, amadioha. Omonigeriarere: 4 Likes |
Re: Treasury Bills In Nigeria by Acidosis(m): 12:27pm On Apr 05, 2019 |
isangjohnson: No cause for alarm bro. The bank will effect the transaction. 1 Like |
Re: Treasury Bills In Nigeria by MCeemajesty(m): 12:40pm On Apr 05, 2019 |
The amount involved is very important. If the amount is below 50m, you re only bidding via the bank's position in the PMA. Omonigeriarere: |
Re: Treasury Bills In Nigeria by Nobody: 1:12pm On Apr 05, 2019 |
Omonigeriarere: You can only bid with your rate if and only if your principal was 50m and above. |
Re: Treasury Bills In Nigeria by faoogoke(m): 1:28pm On Apr 05, 2019 |
Omonigeriarere: Leave the bank. I just left them 1 Like |
Re: Treasury Bills In Nigeria by class0247: 3:40pm On Apr 05, 2019 |
If I invest for 6months and I got paid fully at 12% can I use the same money to invest again for another 6months? If this is the case while invest for a whole year when you can make 12% each 6months and make 24% in a year instead of 14% in a one year long fixed. Please I need explanation |
Re: Treasury Bills In Nigeria by Grupo(m): 4:01pm On Apr 05, 2019 |
class0247: For your mind, you don discover the secrets to wealth creation. Well done 14 Likes 1 Share
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Re: Treasury Bills In Nigeria by bendo75(m): 4:08pm On Apr 05, 2019 |
faoogoke: It does not make sense to me when you tell folks to close their accounts with a bank because of a particular experience you had with a particular branch. I have been with GTB (Ikenegbu Owerri branch) for over a decade and it’s been a wonderful experience. At Gtb, I have 3 account officers with their phone numbers and email addresses listed on my online banking platform. I have unhindered access to all of them. They respond to emails, phone calls, text messages and Whatsapp message/calls. I also bank with First bank and it’s been an awful experience when dealing with my account officer over there. The issues I have had with my account officer at FBN does not mean that I close my accounts. All I did was to request that my account officer be changed. Bro if you close your account whenever you have issues with a particular branch, one day you may end up not having any bank account in Nigeria. Demand that your account officer be changed if she/he is not reliable. You do this by sending complaint email to their headquarters. Whenever I have any issue with my branch, I don’t complain to my branch. I send emails to the contact center copying the bank’s complaint unit and my branch, and within 24 hours that issue is resolved. But in the event that the issue is not resolved in 14 days, send an email to Consumer Protection Department of the CBN at cpd@cbn.gov.ng. Make sure you copy your bank on this email. From my experience, it takes less than 24 hrs to have issues fixed when you complain to CBN. I hope this helps folks having issues with their banks. 20 Likes 5 Shares |
Re: Treasury Bills In Nigeria by class0247: 4:09pm On Apr 05, 2019 |
Grupo: You did not answer my question. If I can create wealth like this, is it also a bad idea? LOL |
Re: Treasury Bills In Nigeria by Donbrig: 4:34pm On Apr 05, 2019 |
bendo75: Well spoken with maturity. We cannot always generalize banks to be incompetent because of bad experiences with a certain branch or account officer. 2 Likes |
Re: Treasury Bills In Nigeria by NL1960: 4:35pm On Apr 05, 2019 |
class0247: I was taught Simple Interest in primary school. I was also taught the same Simple Interest in secondary school. I was also taught the same Simple Interest in higher institution. I want to believe that anybody that can login into Nairaland to read posts and make comments went to primary school. This means that i was not expecting this way you are looking at it. Moreover, i have gone through several Entrance Examinations past questions and Simple Interest is always a constant question. Anyway, let me give you a Simple Interest assignment. Que: Find the Simple Interest on N1,000,000 for 6months at 12%. (Show all workings. You are free to take it home and solve or give it to primary school or secondary school students as assignment). ![]() ![]() Just in case you have forgotten the formula, it is: I = PTR/100 where: I = Interest P = Principal T = Time(Tenor) in years R = Rate 14 Likes |
Re: Treasury Bills In Nigeria by aremso(m): 4:52pm On Apr 05, 2019 |
Does banks charges up to 10,000 on tb again? i was charged N10,978.97 |
Re: Treasury Bills In Nigeria by maklelemakukula(m): 4:54pm On Apr 05, 2019 |
NL1960:how many marks ? 1 Like |
Re: Treasury Bills In Nigeria by NL1960: 5:07pm On Apr 05, 2019 |
maklelemakukula: 100%. |
Re: Treasury Bills In Nigeria by Donbrig: 5:10pm On Apr 05, 2019 |
aremso: You must have invested a huge sum of money for you have paid up to 10k as VAT. It always depends on the amount you are investing, about 1% of total invested amount. 1 Like |
Re: Treasury Bills In Nigeria by aremso(m): 5:13pm On Apr 05, 2019 |
Donbrig: Many thanks BOSS! |
Re: Treasury Bills In Nigeria by faoogoke(m): 5:25pm On Apr 05, 2019 |
bendo75: |
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