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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4628635 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 NL1960: 3:45pm On Jul 15, 2019 |
Acidosis: It is a good deal. I intentionally tried one of these QuickCredit films. The lady that responded refused to give me their interest rate but doing a simulation on their website, i was able to have an idea of the interest rate. It was between 5-6% per month. |
Re: Treasury Bills In Nigeria by NL1960: 3:48pm On Jul 15, 2019 |
Bamz: If your salary account is domiciled with them, it is easy. A colleague uses them because his salary account is domiciled with them. I could not get from my bank because they were giving some conditions that where i worked has to be profiled and approved by them before the staff can get any loan. It was so annoying. Meanwhile, this same bank was chasing me with Credit Card which i refused to collect. 1 Like |
Re: Treasury Bills In Nigeria by Akerewe(m): 3:50pm On Jul 15, 2019 |
Great investor in d house, Pls is it possible for someone to purchase a treasure bill with face value alone? As in if am invest in 1m @ 10% per annum, my face value is 900k while my discount is 100k. But is it possible for me to leave 900k in my account and bid for 1m as face value? Thanks in anticipation |
Re: Treasury Bills In Nigeria by HeliosHay(m): 3:59pm On Jul 15, 2019 |
Does anyone have any experience (good or bad) investing with Afrinvest? Apparently, they were voted the best equity house, best research house, best asset management company and best fixed income fund in 2018. It's quite an impressive achievement and I'm considering investing with them. |
Re: Treasury Bills In Nigeria by Horlartunes: 4:38pm On Jul 15, 2019 |
Bamz:what 364 rate peg at ? 1 Like |
Re: Treasury Bills In Nigeria by Acidosis(m): 4:59pm On Jul 15, 2019 |
Bamz:credit worthiness as in a good account statement? |
Re: Treasury Bills In Nigeria by Acidosis(m): 5:01pm On Jul 15, 2019 |
NL1960: Wow. 5-6% per month is on the high side |
Re: Treasury Bills In Nigeria by Bamz(m): 5:13pm On Jul 15, 2019 |
Acidosis: Salary account is domiciled with them. Check Healthy inflow and outflow over a considerable period of time. Check Either of the two could suffice. |
Re: Treasury Bills In Nigeria by PETERiCHY(m): 5:23pm On Jul 15, 2019 |
3 Likes
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Re: Treasury Bills In Nigeria by NL1960: 5:36pm On Jul 15, 2019 |
Acidosis: Not their fault. There is no collateral and no salary account domiciled with them. So they are taking a greater risk. Moreover, the banks refused to do consumer lending like salary advance or personal loan even when your salary has been paid to them for close to 10 years. 1 Like |
Re: Treasury Bills In Nigeria by temi4fash(m): 7:50pm On Jul 15, 2019 |
Acidosis: Are you sure of this?? Throws doing a research about the loan but the interest rate was too high. Is there a way to clarify this? |
Re: Treasury Bills In Nigeria by temi4fash(m): 7:51pm On Jul 15, 2019 |
NL1960: Nope... With GTB I get the notifications for salary advance everytime I use the ATM, but never tried it though |
Re: Treasury Bills In Nigeria by Acidosis(m): 8:30pm On Jul 15, 2019 |
Bamz:True, thanks I will try my luck with the second option |
Re: Treasury Bills In Nigeria by Acidosis(m): 8:35pm On Jul 15, 2019 |
temi4fash: One can't be too sure o, you can send the bank a mail or download the mobile banking app. |
Re: Treasury Bills In Nigeria by Bamz(m): 8:37pm On Jul 15, 2019 |
Acidosis: You're right about Cooperative societies. 1 Like |
Re: Treasury Bills In Nigeria by temi4fash(m): 8:47pm On Jul 15, 2019 |
Acidosis: Ok thanks... I would send them a mail tomorrow and give a feedback on this thread 1 Like |
Re: Treasury Bills In Nigeria by freeman67: 9:15pm On Jul 15, 2019 |
Acidosis: I don't know if the calculation of loan interest is different from normal banking interest. Yes it is very good if the repayment interest is this minimal. However, it doesn't look that way to me. Please I will want know how they arrived at N7,500 as 1.75% of N1,200,000 2 Likes |
Re: Treasury Bills In Nigeria by Omonigeriarere: 10:02pm On Jul 15, 2019 |
Willie2015: The problem with majority of us is that we are not informed. Do you think Sterling will consider itself irresponsible to the extent of advertising and advertising I-Invest on its official website if it is fraudulent? Hardly did we realize that CBN, SEC and CBN regulates all disclosures on Banks websites. Organization faces a lot of challenges when it comes to mitigating their reputational risks nowadays and you have to recognise this fact. Now can you please tell me any bank that associated itself with MMM and other reprehensible investments in the past? U av your choice, but don't come here and tell us things you know nothing about. 3 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 4:03am On Jul 16, 2019 |
T-Bills Market Bullish as Overnight Rate Hits 3.43% https://businesspost.ng/2019/07/16/t-bills-market-bullish-as-overnight-rate-hits-3-43/ |
Re: Treasury Bills In Nigeria by Breadfruit: 11:24am On Jul 16, 2019 |
Pls can any1 help me with secondary rates today |
Re: Treasury Bills In Nigeria by Willie2015: 12:45pm On Jul 16, 2019 |
Omonigeriarere: Stop writing as if you did not attend a university .... Sterling Bank is a different entity from Parthian Partners in law... The fact that they are in partnership on I-invest does not confer any liability on Sterling Bank... Meanwhile, Sterling Bank did not make any disclosure on the extent of their partnership... thats a wise move... Attract customers.... if there is a problem.... .... push the liability to the other party.... If mgt of Parthian Patners mismanage your funds....whats your next move... U dont have to wait till the risk crystallizes... this is Naija.... Top mgt always find a way to escape justice .... We have seen it all from collapsed finance coys of the 90s... To licensed investment outfits by SEC.... and even licensed banks by CBN.... Nobody gives a f**k about you. and ur money.... Be wise ... My 2 cents 8 Likes |
Re: Treasury Bills In Nigeria by Omonigeriarere: 2:07pm On Jul 16, 2019 |
Willie2015: Who told you that both entities are not separate legal entities prima facie? Basically, there is no investment without any associated risk(s) and that is why your comprehension skill needed being deepened. However, companies and banks collapsed and wound up; what exactly is your point? All I said summarily was that if I-invest is fraudulent, Sterling would not have associated itself with it as the 1st TB investment app in Nigeria to the extent of announcing it officially on its website, unlike MMM and other ponzi schemes. This is an investment outfit that has the gut to announce that its investment has reached over 2 billion naira in Jan 30, 2019 on pages of all Nigerian newspapers which equates the six months of its existence. In the same vein, if you know how strict their KYC is before being approved, you will realise that fraudulent activities is traceable and there is no escape route even for the promoters. However, have you considered the reason why someone can only withdraw from I-Invest through an account linked to someone's BVN alone? This is part of regulatory measures stipulated for I-Invest by regulatory authorities which I am sure you are not aware of. If you have aparthy towards it, that's your choice but stop being an ignoramus. |
Re: Treasury Bills In Nigeria by Bamz(m): 9:15pm On Jul 16, 2019 |
BTC is currently digging for gold ![]() Load your bags. Seems nobody invested in tbills this week. 1 Like |
Re: Treasury Bills In Nigeria by igbizen(m): 10:03pm On Jul 16, 2019 |
I don’t know why people will not rest with this I-invest stuff. I said it earlier that it will lead to arguments and quarrel. Please let’s leave this I-invest mata. _if you want to use dem, pls go ahead, if not pls don’t. Let’s have peace of mind. 10 Likes |
Re: Treasury Bills In Nigeria by brane: 10:52pm On Jul 16, 2019 |
igbizen: I taya o. There was no discussion about last auction for the past 2 weeks. One person with multiple accounts, forming crowd, just dey use i invest dey derail this thread. Some others dey busy fire back. It's all good. It will help some of the newbies sha. Make una continue. |
Re: Treasury Bills In Nigeria by dipoolowoo: 3:49am On Jul 17, 2019 |
T-Bills Market Bullish as Yield Drops to 10.67% Ahead of PMA https://businesspost.ng/2019/07/17/t-bills-market-bullish-as-yield-drops-to-10-67-ahead-of-pma/ |
Re: Treasury Bills In Nigeria by fabzizy93(m): 8:00am On Jul 17, 2019 |
Hello all, I made a Tbills investment of 4m for 91 days with first bank. I have been debited (4m) 12/07/2019 and the alerts reads NTBS 91 days. But no credit of my interest. Has my tenor started running or they haven’t purchased the tbills yet cos I filled my application through my uncle that works there. |
Re: Treasury Bills In Nigeria by Kenni700(m): 8:06am On Jul 17, 2019 |
. 1 Like
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Re: Treasury Bills In Nigeria by Nobody: 8:41am On Jul 17, 2019 |
fabzizy93: I've this same issue but mine is 2 million with Zenith bank. The money was taken from my account yesterday /today but I'm yet to get alert of the transaction and my interest was not left in the account. |
Re: Treasury Bills In Nigeria by seun289(m): 11:28am On Jul 17, 2019 |
fabzizy93:I want to believe ur bid was for the primary market.. Ur account gets debited prior to d bid day which is normal(first bank) based on ur instructions... Ur upfront will be credited to ur account once d bid is successful or rather ur 4milly will be reversed and credited if d said bid falls... Upfront on secondary market is paid same day u instruct ur account to be debited... This as been part of my experience with first bank so far 2 Likes |
Re: Treasury Bills In Nigeria by civilserva: 11:57am On Jul 17, 2019 |
Please I need TB auction Time table |
Re: Treasury Bills In Nigeria by skydiver01: 12:01pm On Jul 17, 2019 |
civilserva:
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