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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 TotoNaRubber: 9:47pm On Sep 16, 2019 |
If you can't drive don't use that money to buy a car to start Uber, your first car driving experience is like going to war with a brand new boots only to get there and discover the desert doesn't respect new shoes. You can still learn how to drive by going to driving school, then master your driving before attempting to buy a car, this will also allow you to evaluate if doing Uber job is really what you want, You need a strong mind to drive in Lagos, in my early 20s i drag road with Lagos drivers, It is better to start early and get used to it. With N1m you can make your cash work for you, there are small businesses you can start like food business near campuses, you will be surprises with N1m investment in food business you could make N15k per day at N300 per plate for 50 customers. N15k X 28 days = N420,000 then minus expenses of about N210k then you have N200k+ profit. If you can't do more business inquiries or stick to TBills. eniorisha: 10 Likes |
Re: Treasury Bills In Nigeria by Bbbwings: 10:08pm On Sep 16, 2019 |
eniorisha: 7 Likes
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Re: Treasury Bills In Nigeria by CompareDBest: 3:53am On Sep 17, 2019 |
Omonigeriarere:Yesterday at least, Fidelity beat Stanbic for tenors closest to 364 days with rates including 13% for 360 days, 12.6% for 290 days and 12.5% for 332 days: https://comparedbest.com/ng/best-nigerian-treasury-bill-rates.html 2 Likes |
Re: Treasury Bills In Nigeria by Rashforrd(m): 6:51am On Sep 17, 2019 |
Please house when is the next primary market date... |
Re: Treasury Bills In Nigeria by modgba: 7:04am On Sep 17, 2019 |
Treasury Bills Yields Rise 0.13% on Selloffs by Investors https://businesspost.ng/2019/09/17/treasury-bills-yields-rise-0-13-on-selloffs-by-investors/ |
Re: Treasury Bills In Nigeria by PuZZyNegro: 7:13am On Sep 17, 2019 |
eniorisha: Any Uber worthy car that you will get for 1.1 million will give you problems Uber business is no longer profitable as it used to be. Buying and renting out a car will only aggravate your situation. But if you insist on going on with the business, I will advise you to read the recommended thread. With Google maps, you can get anywhere in Lagos without having prior knowledge of the route. 4 Likes |
Re: Treasury Bills In Nigeria by DUNKA(m): 7:24am On Sep 17, 2019 |
CompareDBest:Which Banks have the best Treasury Rates for fixed deposits? |
Re: Treasury Bills In Nigeria by Hallenjay: 7:33am On Sep 17, 2019 |
Pls ooooo Which one will pay me, I've gathered some change. Btw Fedral govt savings bond and tbills and risk level too... The lowest Which is easier and pay more. I need this info so I won't mistake. Help Help Help |
Re: Treasury Bills In Nigeria by spriteB(f): 8:08am On Sep 17, 2019 |
No Sir, but when it comes to Treasury bills, Stanbic is the real deal for me! Do you work with Stanbic[/quote] |
Re: Treasury Bills In Nigeria by DaBogu: 8:33am On Sep 17, 2019 |
Carbon Investment Investment range 1m-2m 3 months 15.62% 6 months 16.5% 9 months 18.87% 12 months 21.25% 18 months 21.88% Investment range 5,000,0001m-20m 3 months 15.87% 6 months 17.99% 9 months 19.62 % 12 months 22.25% 18 months 22.88% Investment range 20,000,001-50m 3 months 16.37% 6 months 17.75% 9 months 20.62% 12 months 23.50 % 18 months 24.36 % Investment range 50m and above 3 months 17.21% 6 months 18.75% 9 months 21.87% 12 months 25% 18 months 25.98% Features Min investment of 1m , no max Quarterly Interest payments i.e every 3 months 3 days business day turaround for early redemption Tenor 3-18 montsh to allow you plan better and migrate the need to break investment Zero penalities on early liquidation No fees Carbon is a finacial service provided by One Finance (OneFi) and investment limited (RC 1044655) licences and regulated by Central bank of Nigeria and the first fintech to receive a credit rating BB from Global Credit Ratings Company (GCR) Send an email investor@getcarbon.co Culled from Business Day Wednesday 11th September 2019 page 37 |
Re: Treasury Bills In Nigeria by DaBogu: 8:38am On Sep 17, 2019 |
Federal Govt Saving Bond Minimum amount is 5k Tenor 2 and 3 yrs The interest is paid every quarter (i.e. every 3 months) into your bank account. At the end of the duration of the bond (i.e. the tenor), you are paid the initial amount you put in. For example, if you subscribe with 1,000,000 Naira for 3 years and the interest rate is 12%, you will be paid 30,000 every three months (=12% of 1,000,000 = 120,000 Naira every year). Note there are no charges - no VAT, no capital gains tax, no withholding tax - on the interest you are paid shocked. There are also no charges to pay to your stockbroker or the Federal Government in order to subscribe to the FGN Savings Bond. Interest is paid every 3 months in a year Hallenjay:TBills Minimum of 100k Fee are charged Tenor 90, 190 and 364 1 Like 2 Shares |
Re: Treasury Bills In Nigeria by shogbenga: 8:53am On Sep 17, 2019 |
It is not advisable to be stating amounts on a public forum. It has been repeated several times on here. Please be cautious. You can make your point without that. To your question, bonds tend to have higher yield because of their longer tenor. However, because it is difficult to predict what inflation will be over the course of the 10 or 20 or 30 years tenor, it just be might be better to invest in tbills (a year tenor) and keep rolling over. That way, you can always re-evaluate every year what makes sense. Thanks for your comments. I mentioned the figure because I believe the advice you will give will be dependent on the figure available for investment. Thanks 5 Likes |
Re: Treasury Bills In Nigeria by TissuePaper: 10:29am On Sep 17, 2019 |
shogbenga:u don't need to explain anything to her, what u said is not wrong in any way, don't let these online twats instill fear into u, ontop ur own money. 3 Likes |
Re: Treasury Bills In Nigeria by DaBogu: 11:20am On Sep 17, 2019 |
BREAKING: Nigeria’s inflation rate drops to 11.02% in August 2019, slowest in over three years Inflation dropped by 0.06% points year-on-year Food inflation dropped to 13.17% from 13.39%, Core inflation dropped to 8.68% from 8.80% recorded in July. Source:Nairametrics. |
Re: Treasury Bills In Nigeria by IamR: 11:31am On Sep 17, 2019 |
DaBogu:Hmmnn! |
Re: Treasury Bills In Nigeria by ibechris(m): 3:34pm On Sep 17, 2019 |
[quote author=eniorisha post=82290952]Good evening, distinguished ladies & gentlemen! Pls I need your inputs & suggestions to make an informed decision about my investment life. I av been investing in TBs for d past 3 years with my hard-saved money. The capital is approx N1.1m. Since my 3rd year till now I returned from my youth service, I av been living on d yield as my pocket money. Now, 3 months after nysc, no job, no viable business opportunity with very minimal risk & I'm fed up with d meagre yield on my TB investment even in d face of decline in d rate & my full assumption of personal & a little of family responsibilities. My tb will mature next month. I av d mind of diverting my investment to uber. I'll buy a uber worthy car & gv it to a driver to drive on my behalf as I'm a complete novice in driving & on roads drives. I know next to nothing about uber too. So, I need your inputs, pls. How good or bad is my intention? Those who have idea about uber especially on average weekly return to d car owners shld help me with such information too. Your suggestions & inputs will be well appreciated. [/quoted Pls,do not do any mistake of giving ur car to Ubar rather,drive it urself and if u can't, pls go and learn driving. 2 Likes |
Re: Treasury Bills In Nigeria by Nobody: 4:18pm On Sep 17, 2019 |
The essence of some people remaining in the thread is to encourage others. Mentioning amount of money involved encourages some people especially me(when the amount is greater than what I have). Now can someone tell me the hazards involved in mentioning amounts in a faceless chat group like nairaland. What can they possibly do? Would love to know. Man know thyself. Meanwhile Forbes discloses people's worth yearly and it's safe, why the general fear. I want to learn as I disclose amount at the slightest enquiry. 18 Likes |
Re: Treasury Bills In Nigeria by Infinitisi(m): 4:40pm On Sep 17, 2019 |
Barrytone: This is a perfect example of how you can disagree with a point and state yours without resorting to abuse and insults 16 Likes |
Re: Treasury Bills In Nigeria by eniorisha(m): 4:47pm On Sep 17, 2019 |
Thanks to everyone who have offer useful advice & suggestions on d matter I posted earlier. I av learnt a lot from your wealth of experience. I assure u all I'll consider all d suggestions b4 take any decision about my proposed diversion to uber, especially. Once again, thank u all. 6 Likes |
Re: Treasury Bills In Nigeria by Nobody: 5:09pm On Sep 17, 2019 |
Barrytone: Well, it's important to keep in mind that privacy is not as assured as you might think, despite Nairabeing "faceless" on the face of it Most people have dropped markers as to their identity/location in one post or another in the past that they might not even remember. In addition, it is possible for a determined person to get in touch via the email feature and trace you by social engineering (more commonly referred to as catfishing) whether for the purpose of physical robbery or malware attacks or the like. It might seem outlandish and very unlikely to happen, but when you're talking of certain amounts and even giving dates when you're getting those transfers into your account, the risk increases. Things like that have happened before. And even if they haven't, is it ideal to set oneself up to be the victim? 6 Likes |
Re: Treasury Bills In Nigeria by zamirikpo(m): 5:16pm On Sep 17, 2019 |
Barrytone: Barry am with you on this one, like when @ahiboilandgas was reeling out his achievements, I was motivated. though I understand why its a little bit risky for the innocent minds here but not for street people like me. I will scam the scammer. in other matters, pls how do they get to estimate this drop in inflation, abeg its a lie jor.....bureau of statistics just want to be relevant in the scheme of things. no drop in the price of any commodity in Nigeria. pls correct me if am wrong. 6 Likes |
Re: Treasury Bills In Nigeria by TissuePaper: 5:44pm On Sep 17, 2019 |
koonbey:oboy notin u dey talk abeg 3 Likes |
Re: Treasury Bills In Nigeria by Nobody: 6:15pm On Sep 17, 2019 |
TissuePaper: No vex, Chief. |
Re: Treasury Bills In Nigeria by Hallenjay: 9:00pm On Sep 17, 2019 |
DaBogu:thanks so much... For instance half a mil for tbills will fetch one how much every 90days 1 Like |
Re: Treasury Bills In Nigeria by dipoolowoo: 2:24am On Sep 18, 2019 |
Rates to Remain High as CBN Sells N180bn T-Bills Today https://businesspost.ng/2019/09/18/rates-to-remain-high-as-cbn-sells-n180bn-t-bills-today/ |
Re: Treasury Bills In Nigeria by westliverenterp: 4:44am On Sep 18, 2019 |
Good morning, i need your advice I want to set up a nursery, primary and secondary school will #20 million be enough? Location: Edo state |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 6:22am On Sep 18, 2019 |
westliverenterp: I think it's fair and enough 1 Like |
Re: Treasury Bills In Nigeria by Bamz(m): 6:48am On Sep 18, 2019 |
Thisnut: Wow wow wow get in mate! I love posts like this. You can't even debate this even if you wanted to because it's fact based. On current trajectory, the analysis is right unless some crazy turnaround happens in the country within that period. I'm trying not to use the word 'revolution'. PS. Some folks complained about the erroneous 1999 rate, but your point is still well taken. 3 Likes
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Re: Treasury Bills In Nigeria by zohan101: 6:51am On Sep 18, 2019 |
If you already have a facility to use, then its fine, if not i fear it may not be enough..But you can start up with nusery and primary and then expand to secondary school in future..Good luck mt fellow Edolite..Cheers..quote author=westliverenterp post=82333243]Good morning, i need your advice I want to set up a nursery, primary and secondary school will #20 million be enough? Location: Edo state [/quote] 3 Likes |
Re: Treasury Bills In Nigeria by RealityShot: 6:58am On Sep 18, 2019 |
eniorisha:oga.. If you say "Uber" again, I will know you do not "listen". How can you be planning to start a business with 100% of your capital? Please use your degree to go and get a teaching job now. You clearly have very low risk appetite and a little laziness in you (like me.. Lol). No need for heart attack from driver wahala. The job will give you pocket money, while you can keep your investment growing with the interests. NOW, if you are still interested in business, after getting the job, Then use the next Tbills interest ONLY to learn about the business and start it PART-TIME. FOR EXAMPLE: you get 120k interest. Use 25k to study/pay for training on Okirika business Use 50k to buy a bail Use 12k to pay advance for floor space (or sell ON-THE-GO) use 8k to pay your salesperson first month salary... Lol... Here is the catch... If s/he can't make enough profit in the first month, you will be able to pay s/he for the next 3 months without fear. After THAT TIME you should know if you are going to continue to support the business from your job.... LOL... Business no easy OH... Never use more that 50% of your capital to start a new business (especially in NIGERIA). GOOD luck. 22 Likes 4 Shares |
Re: Treasury Bills In Nigeria by aremso(m): 7:56am On Sep 18, 2019 |
RealityShot: |
Re: Treasury Bills In Nigeria by DaBogu: 8:12am On Sep 18, 2019 |
Location is important. It will be enough if you have genuine and certified builders handling the project. Start with primary section. Never be in a rush. Besides you can even invest the money in any of the investment portfolio(Tbills, Bond e.t.c) while you still handling the primary section. also attend association of school owner meetings in your area you will learn so much. westliverenterp: 1 Like |
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