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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4597264 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 Poanan: 9:20am On Jan 21, 2020 |
Tyche: Even if you use four seals, you have to communicate the seal numbers to customers. I know few drivers know how to tamper with seal without being noticed. I don't how how big you are, but u can invest in cameras. |
Re: Treasury Bills In Nigeria by Nobody: 9:41am On Jan 21, 2020 |
emmanuelewumi:Afrinvest agent told me they don't do crowd funding for bond and I was stressed and don't want rerouting the money to another substation. I really dont need to win all the time. Next time, thanks for the insights to investment 2 Likes |
Re: Treasury Bills In Nigeria by Poanan: 9:42am On Jan 21, 2020 |
delawal: PMS is different from AGO. For PMS you are not taking it to customer's site it is suppliers that will bring it to you. That way, the risk is on the supplier cos you must have had an agreement to pay for the physical quantity received only. Other the other hand, if a company is doing self collection i.e you go and receive the product yourself, they normally have a certain percentage they accept for leakage or evaporation. If the driver comes with something greater than that as loss, the driver will be debited straight. No story. Jankara problem needs jankara solution. But before you start debiting drivers anyhow make sure you calibrate your tanks, weighbridge. |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:46am On Jan 21, 2020 |
Barrytone: Do you have a Stockbroking account with Afrinvest? If you want to be a partaker of opportunities in the bond market, I will advise to have a Stockbroking account with Stanbic IBTC Stockbrokers. |
Re: Treasury Bills In Nigeria by Nobody: 9:46am On Jan 21, 2020 |
OgogoroFreak: Its seasonal. They advertise and you apply. Union bank own will end today. Commercial papers are Tbills isdued by companies and not central bank but must have the approval of central bank. That's the little I know, gurus can explain further 1 Like |
Re: Treasury Bills In Nigeria by emmasoft(m): 9:47am On Jan 21, 2020 |
Diyke4rich: If you are interested in buying shares I advice you. Read! Read! Read! and Read again before you venture into it. Take advantage of threads like this and other sites that talks about investment you will be fine. For your information shares of all listed companies banks inclusive can be bought and sold (traded) everyday at the floor of the NSE except weekends and public holidays. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 9:50am On Jan 21, 2020 |
TissuePaper: That money has been lying fallow since november and i need to pay school fees. Am not a desperate investor, i keep saying that i dont need to much money but enough to pay my bills like the 5% is about doing. My major interest is preservation of capital. Thanks for the love. 8 Likes 1 Share |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:52am On Jan 21, 2020 |
Barrytone: Yes regulated and approved by SEC and CBN. Instead of getting overdraft and other working capital facilities at 16%, their investment banker will package a commercial paper for them at 6%. Instead of getting a long term loan at 16%, corporate bonds can also be packaged at 12% 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 10:04am On Jan 21, 2020 |
emmanuelewumi: Thanks and how do you go about it. I have savings account with stanbic and opened Afrinvest account recently |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 10:11am On Jan 21, 2020 |
Barrytone: Find out from them if they can help you with the purchase of FG bonds at the secondary market. The rates are a bit lower than what is obtainable from the primary market. 1 Like |
Re: Treasury Bills In Nigeria by isangjohnson: 11:15am On Jan 21, 2020 |
The key word here is "preservation of capital". I personally subscribed for short term investment not minding the low rates just to give room for navigation should the hand of CBN clock turns to my direction. At the moment, I believe secondary market of Fg bond rate will not exceed 11% and locking up cash for 5 years or thereabout at this rate is not a nice idea. 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:19am On Jan 21, 2020 |
isangjohnson: You can sell at the secondary market |
Re: Treasury Bills In Nigeria by richforever123: 11:45am On Jan 21, 2020 |
isangjohnson: You can sell your Bond in the Secondary Market and a Bond of 10yrs should give you around 14% 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:49am On Jan 21, 2020 |
richforever123: A little higher than 14% |
Re: Treasury Bills In Nigeria by isangjohnson: 11:57am On Jan 21, 2020 |
10 years? ![]() ![]() ![]() |
Re: Treasury Bills In Nigeria by isangjohnson: 12:02pm On Jan 21, 2020 |
I'll like to check short term investment platform for Stanbic IBTC Stockbroking firm. Please do they have office in Kaduna? |
Re: Treasury Bills In Nigeria by faoogoke(m): 12:28pm On Jan 21, 2020 |
emmanuelewumi: To open a stock account with Stanbic you will need N5 million. Yes! You heard me well. N5 million in cash or stock value. |
Re: Treasury Bills In Nigeria by TissuePaper: 12:40pm On Jan 21, 2020 |
richforever123:you mean I will not have access to my money for 10 long years and I will gain only 14percent... Preposterous |
Re: Treasury Bills In Nigeria by isangjohnson: 12:47pm On Jan 21, 2020 |
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Re: Treasury Bills In Nigeria by OgogoroFreak(m): 12:55pm On Jan 21, 2020 |
faoogoke:Would the 5m be used to purchase the bond? |
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 12:56pm On Jan 21, 2020 |
TissuePaper:14% every year for 10 years. 1 Like |
Re: Treasury Bills In Nigeria by needful: 12:59pm On Jan 21, 2020 |
Barrytone: Bro run away from Afriinvest. They are outrageous with their charges. Imagine charging a brokerage fee of N256000 for an investment of 27m. Thanks to Ukah who opened my eyes and stopped me. I finally port to Stanbic brokers who charged me a total of N25000 for the same 27m. Pls run as fast as u can. |
Re: Treasury Bills In Nigeria by TissuePaper: 1:01pm On Jan 21, 2020 |
OgogoroFreak:gr8, this is a way better bargain given how badly tbill rates have fallen ![]() 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:02pm On Jan 21, 2020 |
faoogoke: Not only Stanbic IBTC Stockbrokers, FBN Quest securities, FSDH securities and quiet a number of others will need a minimum of N5 million |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:03pm On Jan 21, 2020 |
needful: It is still less than 1% which is not bad if it is a stock Investment |
Re: Treasury Bills In Nigeria by TissuePaper: 1:03pm On Jan 21, 2020 |
needful:lol |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 1:04pm On Jan 21, 2020 |
needful: What type of investment, Stock or bonds? |
Re: Treasury Bills In Nigeria by isangjohnson: 1:08pm On Jan 21, 2020 |
Who knows what will happen in 3 years time? |
Re: Treasury Bills In Nigeria by Wickedtruths: 1:10pm On Jan 21, 2020 |
isangjohnson: Nostradamus 1 Like |
Re: Treasury Bills In Nigeria by isangjohnson: 1:22pm On Jan 21, 2020 |
I forgot. Though he's no longer alive but his family can help us with this prediction. |
Re: Treasury Bills In Nigeria by 9jatriot(m): 1:45pm On Jan 21, 2020 |
25k vs 256k? This difference is too much na, abi na typo. needful: |
Re: Treasury Bills In Nigeria by needful: 1:49pm On Jan 21, 2020 |
emmanuelewumi: Bond @ 1% whereas stanbic is 0.0007% 2 Likes |
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