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Treasury Bills In Nigeria - Investment (898) - Nairaland

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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 Hallenjay: 7:49pm On Oct 16, 2019
OFG1:


A lien has been placed on the discounted value of the tbills
this means some part of the interest still in there care? Bcs sametin apun for me @ d same stanbic.
Btw who ve d primary auction rates today
Re: Treasury Bills In Nigeria by ibechris(m): 8:19pm On Oct 16, 2019
ahiboilandgas:
scary , I used to luv travelling especially abuja / kd but now if no plane I no dey travel




I was supposed to take my children down to my village during the last Holiday,my brother everything including the flight come de fear me die. I just stayed back. Nigeria is simply not safe.

4 Likes

Re: Treasury Bills In Nigeria by igbizen(m): 9:13pm On Oct 16, 2019
ahiboilandgas:
me go choose u.s ....some mushroom apartment in festac is 8.5m ,game village 10m (like those home they called project in America ) with over crowding,and dead infastructure .....i rather have it as down payment and live well in my life time
And yet you have not relocated. I think with the type of money you have, you can relocate to USA and live comfortable. Am just thinking aloud.

5 Likes 1 Share

Re: Treasury Bills In Nigeria by ahiboilandgas: 9:54pm On Oct 16, 2019
igbizen:

And yet you have not relocated. I think with the type of money you have, you can relocate to USA and live comfortable. Am just thinking aloud.
...i no like America ....i prefer some small European countries like Finland or Canada,in ni geria na abuja city centre (strictly ) but am approaching 38 years wouldn't want to start as a janitor again in America when I have contract with total,MRS,cita ...u woudnt either .....

9 Likes 2 Shares

Re: Treasury Bills In Nigeria by oluayebenz: 10:03pm On Oct 16, 2019
ahiboilandgas:
...i no like America ....i prefer some small European countries like Finland or Canada,in ni geria na abuja city centre (strictly ) but am approaching 38 years wouldn't want to start as a janitor again in America when I have contract with total,MRS,cita ...u woudnt either .....

You can invest in Canada and forget your contract with total etc grin

4 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 10:05pm On Oct 16, 2019
oluayebenz:


You can invest in Canada and forget your contract with total etc grin
well done me am grounded in finance ...r.o.i is better in Africa....cos of the wrong system .....imagine if 3400 km pipe line was working plus 21 depot and refinary...we will all be out of bussiness

7 Likes

Re: Treasury Bills In Nigeria by Baratheon: 10:42pm On Oct 16, 2019
Good evening everyone,

This may not be the right place to ask this question, but I can't think of any other place since I'm already familiar with this thread. I'm serving, and currently receiving a monthly stipend of 60k (19,800 plus state allowance).

I intend to save everything but I don't know the best savings plan I can go for. Someone suggested piggybank to me but I'm not sure if there are better options for savings. I also have an idea about ARM MMF. Please advise.

1 Like

Re: Treasury Bills In Nigeria by Boyhood: 10:56pm On Oct 16, 2019
Baratheon:
Good evening everyone,

This may not be the right place to ask this question, but I can't think of any other place since I'm already familiar with this thread. I'm serving, and currently receiving a monthly stipend of 60k (19,800 plus state allowance).

I intend to save everything but I don't know the best savings plan I can go for. Someone suggested piggybank to me but I'm not sure if there are better options for savings. I also have an idea about ARM MMF. Please advise.


You can also check with the MMF thread,
https://www.nairaland.com/1912965/mutual-funds/192#1912965.6165
They can help you with pros and cons of other options to weigh like the FBNQuest, I-invest, ARM, Stanbic etc.
Re: Treasury Bills In Nigeria by needful: 3:27am On Oct 17, 2019
igbizen:

How much is a brand new IVM (innoson) basic car?

I do not know. 10million naira in naija may not get u what u want in Nigeria, but it will go a long way in abroad, usa and canada precisely.

2 Likes

Re: Treasury Bills In Nigeria by needful: 3:47am On Oct 17, 2019
I do not know how to argue because my English isnt so pure, this is chassis cars from my city in Canada. These are brand new 2019 cars in cad dollars not even usd sef. Brand new cars in Canadian dollars.

Re: Treasury Bills In Nigeria by needful: 3:54am On Oct 17, 2019
$28000 usd as at today is $36900canadian dollars. And these cars I posted see all brand new from the manufacturers. Am going to post 2020 models after this now

Re: Treasury Bills In Nigeria by zamirikpo(m): 7:24am On Oct 17, 2019
Any news on yesterday's auctions....

2 Likes

Re: Treasury Bills In Nigeria by dipoolowoo: 7:36am On Oct 17, 2019
Re: Treasury Bills In Nigeria by Experience4u(m): 8:47am On Oct 17, 2019
Pls who knows if fcmb does automatic roll over after tbill maturity?
Re: Treasury Bills In Nigeria by Just2endowed2(m): 10:03am On Oct 17, 2019
I beg what's today stop rate
Re: Treasury Bills In Nigeria by 400billionman: 10:32am On Oct 17, 2019
zamirikpo:


Am sure 28k dols has more buying power in america than 10m Nigerian money in Nigeria. Na big money sha .but can it get u a piece of land in asaba core area abi lekki or VGC or banana island or eko Atlantic city...

Or can it build u a duplex or buy a brand new 2019 Toyota camry. Regular things we should be able to afford.


Am not boasting but 10m can only ensures u live a management life. Like build a small bungalow in a low cost area with moderate finishing and epileptic power supply cos a15kva Mikano generator is around 6m.

Not easy to come by but doesn't guarantee anything big.....so to me, na small money.

Most bungalows and cost of land they stand on are above N10m.

No car, no savings, only house.

1 Like

Re: Treasury Bills In Nigeria by Akerewe(m): 10:41am On Oct 17, 2019
ahiboilandgas:
true I can see envy when I get to bank to t.b applications of like 40m ,I don't know if am just been suspicious but under the game smiles and uncessary friendliness....must time I barge into the investment banking section the ladies /guys do small gossip ....now request na strictly online
Thanks for this life saving tips bro, pls how secure and effective is this online indemnity form and how can one go about it. Thanks in anticip
Re: Treasury Bills In Nigeria by dake40(m): 11:17am On Oct 17, 2019
I heard that some banks automatically do roll over on treasury bills, how do avoid that?
Keep in mind that there isn't any option of rolling over in the treasury Bill forms, yet they roll over

1 Like

Re: Treasury Bills In Nigeria by Nobody: 11:17am On Oct 17, 2019
Bbbwings:

May be he has 45million in his account
They now want him to complete it grin
complete it as how?
Re: Treasury Bills In Nigeria by Nobody: 11:21am On Oct 17, 2019
igbizen:

And yet you have not relocated. I think with the type of money you have, you can relocate to USA and live comfortable. Am just thinking aloud.
you can't leave where you're making money just like that. grin

4 Likes

Re: Treasury Bills In Nigeria by Hallenjay: 12:24pm On Oct 17, 2019
Pls
s oooo

I did 520k and I've 522k in my account
For 91days primary auction and wat am. Seeing is 9,242,I check and see dat cbn stop rate was at 10.8 for 91days... How come am having 9242 .
I've not receive debit alert but dats what I've on my account .
Pls someone shd explain for me.

1 Like

Re: Treasury Bills In Nigeria by ogunjyde2004(m): 12:45pm On Oct 17, 2019
If you have stocks/shares but you cannot find any documents or certificates relating to them. I can help you to carryout search on such stocks and revalidat any bonus/dividends accrued to them over the period of time.
Re: Treasury Bills In Nigeria by arduino: 1:06pm On Oct 17, 2019
Experience4u:
Pls who knows if fcmb does automatic roll over after tbill maturity?
NO
Re: Treasury Bills In Nigeria by dexla(f): 1:25pm On Oct 17, 2019
So I asked my bank to invest 650k into tbills and I just got a debit alert of N615,168.59. Pls can someone explain when I'll get mi interest and why the whole 650k wasn't deducted.

1 Like

Re: Treasury Bills In Nigeria by Mfunkynation(m): 1:30pm On Oct 17, 2019
dexla:
So I asked my bank to invest 650k into tbills and I just got a debit alert of N615,168.59. Pls can someone explain when I'll get mi interest and why the whole 650k wasn't deducted.
some Banks don't debit your face value.
the remaining balance is your interest for the tenor you choose

2 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 1:31pm On Oct 17, 2019
dexla:
So I asked my bank to invest 650k into tbills and I just got a debit alert of N615,168.59. Pls can someone explain when I'll get mi interest and why the whole 650k wasn't deducted.
the balance be your interest 35 k for 6 months .....
Re: Treasury Bills In Nigeria by yomi007k(m): 1:34pm On Oct 17, 2019
ogunjyde2004:
If you have stocks/shares but you cannot find any documents or certificates relating to them. I can help you to carryout search on such stocks and revalidat any bonus/dividends accrued to them over the period of time.
I'm trying to contact you.
Re: Treasury Bills In Nigeria by Omonigeriarere: 1:34pm On Oct 17, 2019
dexla:
So I asked my bank to invest 650k into tbills and I just got a debit alert of N615,168.59. Pls can someone explain when I'll get mi interest and why the whole 650k wasn't deducted.

Yield on TB are usually paid upfront. At maturity, you will be credit with same 650k.

2 Likes

Re: Treasury Bills In Nigeria by dexla(f): 1:53pm On Oct 17, 2019
Omonigeriarere:


Yield on TB are usually paid upfront. At maturity, you will be credit with same 650k.

Oh I get it now. This is quite explanatory
Re: Treasury Bills In Nigeria by DaBogu: 2:40pm On Oct 17, 2019
zamirikpo:


Am sure 28k dols has more buying power in america than 10m Nigerian money in Nigeria. Na big money sha .but can it get u a piece of land in asaba core area abi lekki or VGC or banana island or eko Atlantic city...

Or can it build u a duplex or buy a brand new 2019 Toyota camry. Regular things we should be able to afford.


Am not boasting but 10m can only ensures u live a management life. Like build a small bungalow in a low cost area with moderate finishing and epileptic power supply cos a15kva Mikano generator is around 6m.

Not easy to come by but doesn't guarantee anything big.....so to me, na small money.
Nah! 15m-20m in Asaba
Re: Treasury Bills In Nigeria by DaBogu: 2:48pm On Oct 17, 2019
zamirikpo:


what about kwaruption, tribalism, Fulani herdmen, Biafra, kidnapping(yesterday they went into a secondary school at isele asagba, very close to the state capital asaba and kidnapped principal,vice and some teachers). religion.......

now vat increased, toll gates to resurface, cbn deposit and withdrawal charges, in adition to no light, no road, no health facility......kia na wa....oooh

we should be on the guiness book of records .....

pls where will your 10m start from.
News from Correct fm 104.3 abi na 103.4 the principal is dead

2 Likes

Re: Treasury Bills In Nigeria by DaBogu: 2:49pm On Oct 17, 2019
why?
OFG1:


A lien has been placed on the discounted value of the tbills

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