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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4629127 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 skyangel(f): 7:31pm On Oct 31, 2019 |
Barrytone: Well said. |
Re: Treasury Bills In Nigeria by Jejebabaa: 7:36pm On Oct 31, 2019 |
I think porating the amount is not a bad idea though than returning the entire amount completely. Atleast some profit has been locked down while using the remaining funds to chase other assets. Rates are expected to keep going lower considering this CBN OMO actions. From Oct 2019-Feb 2020 (4 months duration), 7-8 trillion naira are expected to mature from OMO bills. Most of this money will have to be chasing other assets class, which means demand will be more than supply and therefore rates will keep going lower in the money market. |
Re: Treasury Bills In Nigeria by igbizen(m): 8:14pm On Oct 31, 2019 |
While CBN are tiding up, let me tidy my other investments b4 Tbills resurrect again. |
Re: Treasury Bills In Nigeria by Segun889: 8:15pm On Oct 31, 2019 |
zamirikpo:You’re not alone, I noticed same thing on my account. (I wonder if yours is Stanbic as well..) |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:56pm On Oct 31, 2019 |
Nnamz:u are a clown 18 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:57pm On Oct 31, 2019 |
Nnamz:u are a clown and a nuisances ,I don't need those riches scamming people or stealing public funds 23 Likes |
Re: Treasury Bills In Nigeria by igbizen(m): 8:58pm On Oct 31, 2019 |
Another series of quarrels is about to erupt.��� 2 Likes |
Re: Treasury Bills In Nigeria by needful: 9:16pm On Oct 31, 2019 |
ahiboilandgas: Oga at the top, Biko, no go further. This is a period of sober reflection as this TB saga is affecting the height and might. Give us more biz ideas, this arguement isnt necessary at all. We need money in our bank account� 13 Likes |
Re: Treasury Bills In Nigeria by seye4nii(f): 9:28pm On Oct 31, 2019 |
seye4nii:My Boss Barrytone instead of getting my money back they re invest without me giving them instruction because I still have the opy of my initial form with me which I did not tick re invest after maturity to my surprised I received the interest. at around 8pm Nigerian time should incase I need my money for something else what am I going to do but fortunately I am OK wiith it but I will call them tomorrow morning thanks you all and I was paid 188.162N on 1.7 k hope that is not 11% just asking thank you sir and madam 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:44pm On Oct 31, 2019 |
needful:ok bros I was trying to separate enterprenure from scammers ,rogues and corrupt people one clown supporting scammers posting on Instagram without supporting enterprise to back the income .misleading Nigeria youths 20 Likes 3 Shares
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Re: Treasury Bills In Nigeria by Nobody: 10:19pm On Oct 31, 2019 |
crowntoro: had multiple maturity today, first bank dropped first around 10am then other banks after noon |
Re: Treasury Bills In Nigeria by Rashforrd(m): 10:31pm On Oct 31, 2019 |
Rashforrd:please house attend to my query it's urgent |
Re: Treasury Bills In Nigeria by Nobody: 10:32pm On Oct 31, 2019 |
seye4nii: Info is not complete to calculate what you ask, from the formula, S.I = PRT, make rate, R the subject, R=S.I/PT S.I is the interest you are paid, T is tenor divided by 365 and P is your capital. as for the reinvesting, fbn is renown for that. i have a running case with them. i have written twice but they still reinvest. i have given up. for this case, R=11%=0.11, P=1.7k (whatever it means) and S.I. is 188.162N (whatever it means). You didn't give us T=time(days divided by 365) 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 10:39pm On Oct 31, 2019 |
Rashforrd: divide the interest by the tenor and multiply by number of days you held, that will be your interest but you have bank charges to sort, some banks have penalty so u might loose your capital if not careful, aqpproach you bank and make them calculate for you |
Re: Treasury Bills In Nigeria by seye4nii(f): 10:52pm On Oct 31, 2019 |
Barrytone: Thank you sir i think i will be ok for the quick info and response you gave me sir the tenor i was giving is 364 days once again thanks |
Re: Treasury Bills In Nigeria by chigo4u: 11:27pm On Oct 31, 2019 |
Nnamz:Please don’t abuse one of the best contributors on this thread. Be guided. And yes those “money miss roads” flaunting fake and ill gotten wealth on Instagram are clowns. 29 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 11:30pm On Oct 31, 2019 |
So does it mean investors are completely at the mercy of CBN? This porating subscribtions is not nice. They should either say the maximum amount one can invest or return complete money if it’s not successful. In fact CBN should just suspend tbills till they are ready for business again! 3 Likes |
Re: Treasury Bills In Nigeria by needful: 11:45pm On Oct 31, 2019 |
chigo4u: That is my point. Permit me to mention figure, I already calculated 12% of 30m which will be around 3.6m to offset my Bills abroad. U can imagine one yeye bank abi cbn deducting only 10m, the interest will be useless to me. So is better they return the money so I will explore other avenues or options. Am not just in support of that prorating. 3 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 5:25am On Nov 01, 2019 |
CBN Sells 363bn OMO Bills Thursday, Cuts Stop Rates https://businesspost.ng/economy/cbn-sells-363bn-omo-bills-thursday-cuts-stop-rates/ |
Re: Treasury Bills In Nigeria by DigitalMallam: 7:58am On Nov 01, 2019 |
needful:Perhaps it's time to look in the direction of Digital_Agric => Crowdyvest, Agrorite etc. But I still can't commit good money to these newbies. Currently testing the waters with few millions 3 Likes |
Re: Treasury Bills In Nigeria by Emmaesty(f): 8:30am On Nov 01, 2019 |
DigitalMallam:Few millions is good money sir 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:05am On Nov 01, 2019 |
This what should be on Instagram for the youths to learn not huspupi ...this owned by a Nigerian with no university education....if I meet innosa and he display a watch of 60m I can relate where the money is from 16 Likes
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Re: Treasury Bills In Nigeria by ahiboilandgas: 10:08am On Nov 01, 2019 |
A federal grand jury returned a 10-count superseding indictment Wednesday afternoon charging eight individuals in connection with a fraud scheme primarily targeting widowed women over 65 years old. The indictment alleges that over approximately two years, the defendants defrauded dozens of victims out of more than $6 million, which they laundered through accounts they controlled. According to the indictment, the defendants and unnamed co-conspirators used social media and social gaming applications to target widows. . Charged in the indictment are Jeffersonking Anyanwu, age 25, Daniel Negedu, age 21, Onoriode Kenneth Adigbolo, age 31, Chukwudi Kingsley Kalu, age 28, and Godsent Nwanganga, age 24, all Nigerians living in Orem. David Maduagu, age 27, a Nigerian living in Taylorsville; and Richard Ukorebi, age 38, and Adrianna Sotelo, age 20, both of West Valley City. Ukorebi is also Nigerian. All defendants are charged with one count of conspiracy to commit mail fraud, three counts of mail fraud, and one count of money laundering conspiracy. Anyanwu, Negedu, Adigbolo, Kalu, Ukorebi, Nwanganga and Sotello are also each charged with one count of money laundering. The maximum potential penalty for each of the first four counts in the indictment is 20 years in prison and a fine of $250,000 (or double the stolen amount). The penalty for each money laundering and money laundering conspiracy count is 10 years in federal prison and $250,000 (or double the laundered amount). Anyanwu, Negedu, and Adigbolo were initially charged in an indictment returned by a federal grand jury in late May. They were arraigned on the charges and entered pleas of not guilty. . Ukorebi, Maduagu, and Sotelo were previously charged by criminal complaint and arrested. Ukorebi and Maduagu were ordered detained pending trial. Sotelo is released on supervision pending trial. Nwanganga is incarcerated on unrelated charges. Kalu remains at
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Re: Treasury Bills In Nigeria by Nnamz(m): 11:32am On Nov 01, 2019 |
ahiboilandgas:Bros are you still on the hushpuppi matter? I thought we had closed that case. Why are you so pained at another man's wealth? You have no prove how he got his wealth, whether illegitimate or otherwise. Have you thought about it for a second that maybe the reason he is keeping the source of his wealth a secret is so that more people can keep wondering, thereby driving more social media attention to him as we live in a digital age where social media popularity is gold? My advice to you is to get rid of this your poverty driven mentality of the poor hating the rich, so that you can make your own millions and choose to display it or not on Instagram. |
Re: Treasury Bills In Nigeria by Infinitisi(m): 11:38am On Nov 01, 2019 |
Make una leave this matter na. Or is someone sharing medals to the winner of the argument? 5 Likes |
Re: Treasury Bills In Nigeria by Nnamz(m): 11:41am On Nov 01, 2019 |
I left it but he chose to make like three more posts on it. If there is one thing I hate so much in this life, it is jealousy. Let the rich be rich and go make your own riches rather than hating on them 2 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 11:58am On Nov 01, 2019 |
CBN Changes Dates for OMO Bills Maturity https://businesspost.ng/economy/cbn-changes-dates-for-omo-bills-maturity/ |
Re: Treasury Bills In Nigeria by Just2endowed2(m): 12:31pm On Nov 01, 2019 |
dipoolowoo: cbn just doing anyhow 1 Like |
Re: Treasury Bills In Nigeria by PearlStreet(m): 12:43pm On Nov 01, 2019 |
[s] Nnamz:[/s] You don't know who you are talking to. You can support all thieves if that is your destiny, no problem. But if you think you can come here and be insulting others cos they don't agree with your criminality, you are very wrong. The fact that that guy won't insult you doesn't mean I would hold back. This is investments section, not crime section. You can go to the crime section if you need news of thieves to support. 21 Likes |
Re: Treasury Bills In Nigeria by jayeomoba: 12:50pm On Nov 01, 2019 |
I also applied on Monday for wednesdays auctions, However I was informed by my bank that the Bid was not successful. Please is there any auction on the Monday 4th November because my bank told me they are having another one on Monday, Can someone confirm this day please. |
Re: Treasury Bills In Nigeria by Nnamz(m): 1:11pm On Nov 01, 2019 |
PearlStreet:Here comes another typical "do you know who I am" Nigeria mor0n 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 1:12pm On Nov 01, 2019 |
Nnamz:Nb am among top 10 percent in Nigeria ,I have gross 120m this year , I can place bid with my own rate quotes ...my contribution to tax in Nigeria exceeds 10 m annually ,I also have 23 staff earning above minimum wage...so we are hating on criminals and the sympathizes ..so clown am not you average nigga...this my monthly bill to a multinational...i supply 60 percent of the jet fuel used by the president air fleets .... 20 Likes 1 Share |
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