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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4617629 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 Gokoyer0(m): 6:08pm On Jan 08, 2020 |
I don't know if you know about i-invest that handle TBillls? If the answer is yes, is that the reason their rate is extremely low recently? Is the rate gonna pick up? DigitalMallam: |
Re: Treasury Bills In Nigeria by Gokoyer0(m): 6:23pm On Jan 08, 2020 |
I am reasoning this Morgan capital. My Oga, how far with your registration with them? I am hoping to build my portfolio with them. Hope to hear from you soon. ojesymsym: 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Gokoyer0(m): 6:37pm On Jan 08, 2020 |
![]() Kolping: |
Re: Treasury Bills In Nigeria by Trone: 7:05pm On Jan 08, 2020 |
ukay2:Thank you. |
Re: Treasury Bills In Nigeria by ojesymsym: 7:10pm On Jan 08, 2020 |
Pretty easy. Register on their website, they will send the form to your email which you fill and send to them alongside your KYC documents as you would need in a bank. Now, I de wait for further instructions from them. Gokoyer0: 1 Like |
Re: Treasury Bills In Nigeria by richforever123: 7:17pm On Jan 08, 2020 |
ojesymsym: Morgan Capital is not SSL secured, I think I prefer http://investnow.ng/ they have a very built site, very professional 3 Likes |
Re: Treasury Bills In Nigeria by Gokoyer0(m): 7:33pm On Jan 08, 2020 |
Ok sir. Thanks. But the way TBills rate and bonds are going down, it seems stock trade is the way now but I learnt it's more risky than those 2 afore-mentioned. ojesymsym: |
Re: Treasury Bills In Nigeria by Gokoyer0(m): 7:36pm On Jan 08, 2020 |
Thanks for the reply. I checked investnow out and they have a very good website and nice app as well. But which one of the products do you think I can start with? richforever123: |
Re: Treasury Bills In Nigeria by pluto09(m): 7:59pm On Jan 08, 2020 |
Gokoyer0: If you have not done stocks before, don't rush into it now that the market is already bullish. 2 Likes |
Re: Treasury Bills In Nigeria by pluto09(m): 8:01pm On Jan 08, 2020 |
Gokoyer0: The major advantage of Morgan over others is their low commission. They seem to have the lowest commission for retail traders with no deep pocket. 4 Likes |
Re: Treasury Bills In Nigeria by SundryInfo: 8:16pm On Jan 08, 2020 |
bugmenot: Deep yearns! 4 Likes |
Re: Treasury Bills In Nigeria by Gokoyer0(m): 8:31pm On Jan 08, 2020 |
Ok, sir. pluto09: |
Re: Treasury Bills In Nigeria by ojesymsym: 8:58pm On Jan 08, 2020 |
It is a lot more risky. No guarantees what so ever. But from the little I know, if all you want is to be getting dividends at the end of the year, you could be fine if you select the right stock. But if you want to be doing buying and selling of stocks then you will need far more education. Oga Ema can do well to confirm that. Gokoyer0: 1 Like |
Re: Treasury Bills In Nigeria by ojesymsym: 9:00pm On Jan 08, 2020 |
The itrade app that allows you to buy and sell your shares was what made Morgan very easy for me to make a decision. As to if it is SSL secured, even the link you posted is http and not https which indicates it is SSL. I don't know how payment is done with them but I know that it will use pre existing secured platforms. richforever123: |
Re: Treasury Bills In Nigeria by Nobody: 9:04pm On Jan 08, 2020 |
emmasoft: I don check your signature. Nah stock exchange dey there. I guess you are a broker. Anyway, this is a free world. But I don't have free money to gamble. I have lost a lot of money in stock exchange and I can afford to lose again. Once bitten ,twice shy.. Tell me sth else. 3 Likes |
Re: Treasury Bills In Nigeria by richforever123: 9:05pm On Jan 08, 2020 |
ojesymsym: The link is not an HTTPS secure link but once you click it, it automatically forces SSL, I can never trust a site that is not HTTPS secure, even if they are the cheapest, I am a software developer so I take these things very serious 1 Like |
Re: Treasury Bills In Nigeria by richforever123: 9:06pm On Jan 08, 2020 |
Gokoyer0: Their Bonds are 14%, you can try that, their mutual funds are also at 8.4% Best Regards 3 Likes |
Re: Treasury Bills In Nigeria by ojesymsym: 9:22pm On Jan 08, 2020 |
Oh okay. Makes sense. I do not yet know if they use their site as a payment platform but just to put things in perspective, Nairaland is not https secure right? richforever123: |
Re: Treasury Bills In Nigeria by chigo4u: 9:28pm On Jan 08, 2020 |
ojesymsym:Nairaland is. once it has https and shows the padlock symbol, it’s secure |
Re: Treasury Bills In Nigeria by ojesymsym: 9:33pm On Jan 08, 2020 |
Hmmm. I will be surprised if Morgan is not https though. Google sort of made it mandatory for sites to be https sometime last year. I go check am again then. SSL certificate non hard to get na, haba. chigo4u: |
Re: Treasury Bills In Nigeria by Paulfroshman: 10:18pm On Jan 08, 2020 |
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Re: Treasury Bills In Nigeria by ibechris(m): 10:41pm On Jan 08, 2020 |
emmanuelewumi: Oh what a mother! Pray to be like u. I have equally purchase such a property for my unborn grand children close to Abuja airport. I want to be celebrated by my own grand children. May her soul continue to rest in complete peace with God. Amen! 4 Likes 1 Share |
Re: Treasury Bills In Nigeria by zohan101: 12:36am On Jan 09, 2020 |
Hello sir, thanks for the info thus far.Please what is the minimun amount needed by Morgan Capital to start trading stocks via their platform?? ukay2: 1 Like |
Re: Treasury Bills In Nigeria by deleson: 1:29am On Jan 09, 2020 |
InvestNow is owned by United Capital, a subsidiary of United Bank of Africa. Trove, Bamboo and Rise are some new guys on the block. Never tried any of them, as I am still doing personal findings. Nigsrdumb: |
Re: Treasury Bills In Nigeria by Nobody: 2:32am On Jan 09, 2020 |
deleson: Tested all of them, bamboo is the easiest to set up also the most technologically advanced, however no Nigerian stocks listed yet, it's also the easiest to top up, either with a foreign or local card. Investnow has a robust platform with lots of investing options that makes it easy to buy eurobond, mmf, trust funds but it's clunky to register on it , the app has issues. No us stocks. Trove has Nigerian and us stocks , easy to set up , simple interface but you have to upload kyc documents which isn't necessary with bamboo. Topping up is also not as convenient. I'm gunning for the bamboo app , hopefully they can add extra features in future. 2 Likes |
Re: Treasury Bills In Nigeria by jedisco(m): 2:50am On Jan 09, 2020 |
Hello house. It seems TBs have gone bust for now. I'm looking at moving to Agritech (firms like thriveagric, crowdyest e.t.c) but they're relatively new, untested and not regulated. There are lots of them coming up and I fear they may crumble (we know how regulated sectors in Nigeria fare talk more of unregulated ones). Stocks are not my thing except I hand over to a stockbroker which I'm not keen on doing. Anyone with experience /advise on the many upcoming agritech sites? |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:29am On Jan 09, 2020 |
deleson: Used to be a subsidiary of UBA, the company was spin-off by UBA and transferred the ownership to the shareholders of UBA, so that the bank can concentrate on core banking,. Investment One was a subsidiary of GTB. GTB sold the ownership of the firm to the staff and management of the company. In order to face their core banking business. The only banks with interest in other financial businesses apart from banking are Stanbic IBTC, First Bank and FCMB. These banks have holding ownership structure, they have subsidiaries that are into Investment banking, asset management, stock broking, insurance, trustees , Pension fund management etc. Hence it takes a long time to audit their financial reports. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:37am On Jan 09, 2020 |
jedisco: Not bad, but I have my reservations and can't invest in any until SEC starts regulating crowd funding in Nigeria. If any of the big Investment houses like Stanbic IBTC Asset Management, FBN Asset Management, FCMB Asset Management, Investment One financial services, United Capital should promote any agricbusiness I will invest with them they must done their home work on profitability and sustainability. They have billions of naira under management. United Capital is managing fund to the tune of over N100 billion, Stanbic IBTC Asset Management is even bigger. I know I can get back my money if the investment did not go as projected I don't know if we are familiar with the story of a smart but dubious student of Obafemi Awolowo University who raised close to N2 billion through crowd funding from investors which he promised mouth watering monthly returns although he paid for some months this made the investors to invest more money and also invited more people into the investment scheme due to the referral incentives he introduced to the scheme. At the end of the day he eloped with investors' money valued at N1.8 billion this happened more than 7 years ago 3 Likes |
Re: Treasury Bills In Nigeria by Sach: 6:35am On Jan 09, 2020 |
ahiboilandgas: Yes. Aelex law firm is still occupying the premises. |
Re: Treasury Bills In Nigeria by Sach: 7:52am On Jan 09, 2020 |
X21: Thanks for this!! |
Re: Treasury Bills In Nigeria by odimbannamdi(m): 9:14am On Jan 09, 2020 |
DigitalMallam: Nice thoughts 4 Likes |
Re: Treasury Bills In Nigeria by mikylon(m): 9:30am On Jan 09, 2020 |
FGN BOND is the way forward now ooo. Just that the tenors are to long. 1 Like |
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