talktrue1:

Just got debited by Stanbic but 10% of what I bidded for

I have not been debited, I just checked my mobile app now, my capital is still intact and I used the same Stanbic Bank.
hope no problem

Nakedman:


I don't understand what you're trying to say here.. I bid 4m and I was debited 330k. I checked my balance only for me to see 3.6.. Do you mean the rest of the money will be debited?

they suppose to remove 3.6m and leave 400 ...going futher rate would crash futher....may they shared it among investors

feelamong:


91 days -------7.798%

182 days -----9.00%

364 days -----10%

Present investment future look gloomy, remember Emefiele has been druming it to whoever cares to listen that tough days are ahead. Hasn't reached the bottom yet, so rebound not coming any time soon.
This really calls for concern. With some idle fund, tenants are already paying up, 13th month salary will soon enter, one really need to look elsewhere for opportunities. And I've had enough commitment already with digital agric, never been lucky with stock (guess not my thing). Time to plan a vacation with my family rather than succumb to paltery 9%. Then wait till all my tb matured and switch to bond, then will be using the interest for digital agric, MMF and school fees. Perhaps one can also look the way of helping some idle but enterprising youth. Had some discussion but they all want salary job.

Mehn, this one that they are investing just an average of 10%of customers fund at a patry interest rate, I think I will settle for FGN savings bond..Cant imaginr only a small % of my investment going through ib TB and the others rejected..Smh..Bond it is..

please i needed some cash and i needed to liqudate my tb but they said that they will buy it back @ 13%, tenure was 252days @ 12.85% Gurus kindly bail me out ooo. cant understand again oo though the tb would be due in a month time


please i needed some cash and i needed to liqudate my tb but they said that they will buy it back @ 13%, tenure was 252days @ 12.85% Gurus kindly bail me out ooo. cant understand again oo though the tb would be due in a month time

feelamong:


91 days -------7.798%

182 days -----9.00%

364 days -----10%

mehn, this is nothing to write home about oooo

Nakedman:


I don't understand what you're trying to say here.. I bid 4m and I was debited 330k. I checked my balance only for me to see 3.6.. Do you mean the rest of the money will be debited?

Same thing i am seeing here, I did 1.1m and 91,852.07 was debited. I am confused. Can the gurus help us out please?

I think there is too much money chasing the treasury bill, I did 2.8m last two weeks with stanbic, I was debited only 1.04m, I read some comments here by some senior fellow that this is being ration by banks, i quickly ported to i-invest with the balance, that am ok with . Wont be surprise to see 364 tenor at 8% very soon.The party may be over quote author=Phyde post=84026989]
Same thing i am seeing here, I did 1.1m and 91,852.07 was debited. I am confused. Can the gurus help us out please?[/quote]

Advice pls
First bank rejected my offer for 364 Tb.
Can I move to I invest.

350 11.55%
308. 10.9%
259. 10.53

Fyabdul:
Advice pls
First bank rejected my offer for 364 Tb.
Can I move to I invest.

I'm afraid if I would get my money easily at the ends of the tenure.

Fyabdul:
350 11.55%
308. 10.9%
259. 10.53

DigitalMallam:


Present investment future look gloomy, remember Emefiele has been druming it to whoever cares to listen that tough days are ahead. Hasn't reached the bottom yet, so rebound not coming any time soon.
This really calls for concern. With some idle fund, tenants are already paying up, 13th month salary will soon enter, one really need to look elsewhere for opportunities. And I've had enough commitment already with digital agric, never been lucky with stock (guess not my thing). Time to plan a vacation with my family rather than succumb to paltery 9%. Then wait till all my tb matured and switch to bond, then will be using the interest for digital agric, MMF and school fees. Perhaps one can also look the way of helping some idle but enterprising youth. Had some discussion but they all want salary job.

Baba ah get interest for any business......am a young guy in my early 20, through with service buh no job shaa

Read this thread
https://www.nairaland.com/5371621/i-invest-savings-app-enquiriesquote author=Fyabdul post=84028076]I'm afraid if I would get my money easily at the ends of the tenure.
[/quote]

Diogo2019:


Baba ah get interest for any business......am a young guy in my early 20, through with service buh no job shaa

'any business' is generic. Aside your 1st degree and nysc descaherge cert, what other skill set do you have?. On a more serious note I personally believe it will be difficult to get help this way. I mean by just jumping on a discussion. If you were my younger one, I will advise you go and mentor some people who are self employed since getting good job is almost impossible if you don't have big politician as s father. There millions of things you can learn at this age, I watch a clip of one young man that established garri processing factory in his village after service and he's doing really well, such venture is what I can assist with. As for white collarjob it's difficult securing one.

Please, can one move funds to other countries and invest in their TB?? Looked up one african country that was posted here and their rates were really attractive.My TB will be due by February

Adiwana:
Please, can one move funds to other countries and invest in their TB?? Looked up one african country that was posted here and their rates were really attractive.My TB will be due by February

Ghana is currently doing 19.5% for 364 days.
You can try your luck, some Nigerian bank like Ecobank, UBA and GTB has earned themselves good name in the Ghanaian market. Please note you will require a recidency permit to open an account with any bank in Ghana

DigitalMallam:


'any business' is generic. Aside your 1st degree and nysc descaherge cert, what other skill set do you have?. On a more serious note I personally believe it will be difficult to get help this way. I mean by just jumping on a discussion. If you were my younger one, I will advise you go and mentor some people who are self employed since getting good job is almost impossible if you don't have big politician as s father. There millions of things you can learn at this age, I watch a clip of one young man that established garri processing factory in his village after service and he's doing really well, such venture is what I can assist with. As for white collarjob it's difficult securing one.

Yeah.....have being thinking of setting up a fish farm n poultry

There was a pond in my church I wanted to rent, buh getting there...the priest has started making use of it

DigitalMallam:

Ghana is currently doing 19.5% for 364 days.
You can try your luck, some Nigerian bank like Ecobank, UBA and GTB has earned themselves good name in the Ghanaian market. Please note you will require a recidency permit to open an account with any bank in Ghana

Thanks a lot. I have never been to Ghana before.Is there anyway that can easily be obtained in the shortest period of time??

Seems this Ghana tbills rates are mouth watering but how risk-free is this compare to our Nigeria tbills. D picture below loud it

So, must one have an account? In there bank, don't they have an investment company one can work with

Let’s take it easy and plan carefully before we venture into something that will wipe our capital. My own 2cent advice.

My bid was for 4m and I was debited 334k ,this thing isn't funny anymore.

So what's the face value Now, maybe 400k. Haba..

Last two weeks the same thing. Now they have scattered the money for me and also my plans.

The BM of stanbic didn't even know what to say.
This is pure stupidity. Would have been better it failed entirely.

Fingers are crossed let me see what the secondary market has on offer tomorrow

zamirikpo:
My bid was for 4m and I was debited 334k ,this thing isn't funny anymore.

So what's the face value Now, maybe 400k. Haba..

Last two weeks the same thing. Now they have scattered the money for me and also my plans.

The BM of stanbic didn't even know what to say.
This is pure stupidity. Would have been better it failed entirely.

Exact thing they did to me. I opted 4mil also only for them to shatter the money. I placed a call to the account officer immediately and she explained to me the rated Stanbic bidded was way higher hence they had to saturate to meet up with people's bid.. I didn't get the explanation well I just had to hang up. Let's see what secondary market has to offer today. Is there anyone who had a successful bid with First Bank?

CBN Retains Rates at OMO Auction, as One-Year T-Bills Yield Falls to 10.91%
https://businesspost.ng/economy/cbn-retains-rates-at-omo-auction-as-one-year-t-bills-yield-falls-to-10-91/

Nigeria Offers 30-Year Bond at 14.80%, 5-Year at 12.75%
https://businesspost.ng/economy/nigeria-offers-30-year-bond-at-14-80-5-year-at-12-75/

Nigerian Stocks Gain 1.91% as Investors Abandon Fixed Income Market
https://businesspost.ng/economy/demand-for-nigerian-stocks-raises-index-by-1-91/

DigitalMallam:


Present investment future look gloomy, remember Emefiele has been druming it to whoever cares to listen that tough days are ahead. Hasn't reached the bottom yet, so rebound not coming any time soon.
This really calls for concern. With some idle fund, tenants are already paying up, 13th month salary will soon enter, one really need to look elsewhere for opportunities. And I've had enough commitment already with digital agric, never been lucky with stock (guess not my thing). Time to plan a vacation with my family rather than succumb to paltery 9%. Then wait till all my tb matured and switch to bond, then will be using the interest for digital agric, MMF and school fees. Perhaps one can also look the way of helping some idle but enterprising youth. Had some discussion but they all want salary job.

HI bro can you throw more light on Digital Agric

Good morning my fellow Naira landers!
Just learnt with rude shock that CBN had banned local individuals and corporate bodies from investing in T-bills.
Can somebody confirm this and tell us more that we may not have known? My concern.
Thanks and God bless us.

conyema12:


HI bro can you throw more light on Digital Agric

Sample from crowdyvest

DigitalMallam:

Sample from crowdyvest

Please do you know of Menorah farms, are they reliable?

phunix:
Good morning my fellow Naira landers!
Just learnt with rude shock that CBN had banned local individuals and corporate bodies from investing in T-bills.
Can somebody confirm this and tell us more that we may not have known? My concern.
Thanks and God bless us.

Not true. The statement has been clarified by CBN and discussed severally here.

Those you mentioned were banned from CBN's OMO auction which is different from TBills.

dammy222:

Please do you know of Menorah farms, are they reliable?

Sis, there's is no such thing as 100% reliability in farming/insurance business. It's a risk/decision you have to take based on your risk appetite and discretion.

Digital agric firms rely on their farming experience to deliver. When/If that fails, they expect the insurance company to come to the rescue.

So to invest, you have to trust (1) the firm's farming experience, and (2) The insurance firm (mostly Leadway & NAIC) to play its role.

There are over 20 of them currently that claim to have a comprehensive insurance (whatever that means) and so far, we haven't heard of any default.

Infinitisi:


Not true. The statement has been clarified by CBN and discussed severally here.

Those you mentioned were banned from CBN's OMO auction which is different from TBills.

OK. Thanks hanks man!