Mamalicious:
Please someone should assit. Someone has 6.2 M to invest in TB . Which bank is better amongst the two and First bank or GTB and any idea of rate for 365 days .
Thanks

DaBogu:
Nah! 15m-20m in Asaba

ahiboilandgas:
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

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.

dake40:
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

Hallenjay:
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.

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.

zamirikpo:


Thank u....

DaBogu:
You Welcome
Okpanam 10m
Issele Asgba 5m
Ugbolu 3m-4m

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 .....

yomi007k:

I'm trying to contact you.

DaBogu:
News from Correct fm 104.3 abi na 103.4 the principal is dead

DaBogu:
https://app.nairametrics.com/treasury_bill

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.

ahiboilandgas:
am in the express entry pool currently ...for my kids I fear for them they can't hustle like me and don't want them in a society where the Senate president secure employment nepotically for his ward , where over 10 million illiterates will determine who govern

Homextras:


Jesus Christ. If someone like you with an above average lifestyle by Nigerian standards is making such plans, then what will someone like us gain by not thinking about it.

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.

oluayebenz:


And you think 28k can buy a house or brand new car in the USA?

Nigeria is more cheaper than the US.

What I know is in US low earner live a better life, stable everything unlike Nigeria.....
I dont think 28k is enough to pay down payment on mortgage of 500k usd house and that money will go a long way in Nigeria.

emmasoft:


That is the beauty of Tbills investment. chop interest and wait for principal not wait to chop interest and principal.

Jesusbabygirl:
100% correct. Things are "cheaper" in Nigeria - "cheaper" because although they cost less, your overall cost of living (because of providing everything for yourself) is higher. Also, like you said, houses cost upwards of $100k. The only reason a lot of people buy houses here is because the mortgage market works (at low rates, for very long tenors). So people have houses early in life but pay for it throughout their working life. That is the reason Americans get depressed during recession - many people can't pay their mortgage, etc. Wish we had a mortgage market in naija so people don't save till they are old before they can buy land.

revelation2013:
Anyone been debited yet for 364 days. I used GTbank no alert yet.

Cheffy911:
Please I need clarification,
I wish to invest in tbills with 500k, will it be possible in the primary market ? If so, how do I go about it.

ahiboilandgas:
am not a prophet but I can see the projection Clearly if with 200m person we are having endless problem then what if we hit 300m by 2030 with no crude oil (becoming useless.....ever know crime will double...me am born najia hustler but my kids they act like ajebo I doubt if they hustle like me , I even register for doctorate degree in bussiness Administration this just to futher secure me from any angle

revelation2013:
Anyone been debited yet for 364 days. I used GTbank no alert yet.