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Treasury Bills In Nigeria - Investment (1065) - Nairaland

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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 Nobody: 8:13pm On Jan 23, 2020
seunnuga:

Please how does one fund his stanbic dollar funds? ... My account officer also kind of discouraged me that it's difficult to fund it.. but people find a way out

I'll tell you what I've gone through so far, my account abroad was shut down because I sent dollars to naija, I also almost lost 1 thousand dollars that got stuck in a corresponding bank.

I really don't know, nothing seems to work properly in naija .
Re: Treasury Bills In Nigeria by ojesymsym: 8:36pm On Jan 23, 2020
Only a transfer from a dorm account seems to work.
seunnuga:

Please how does one fund his stanbic dollar funds? ... My account officer also kind of discouraged me that it's difficult to fund it.. but people find a way out
Re: Treasury Bills In Nigeria by mymadam(m): 8:55pm On Jan 23, 2020
seunnuga:

Please how does one fund his stanbic dollar funds? ... My account officer also kind of discouraged me that it's difficult to fund it.. but people find a way out

shocked It is NOT difficult at all. Here is the simplest method, IMHO...

1. Open a domiciliary account at StanbicIBTC.
2. Change Naira to Dollar at parallel market.
3. Fund your domiciliary account with over USD1000... (Minimum for initial deposit into your dollar fund account)
4. Go to your domiciliary account and transfer AT LEAST USD1000 to your dollar fund account.

NOTE:

(a) Use the Stanbic account number sent to you via pdf attachment when you opened the account... NOT the Standard Bank account but the Stanbic one.
(b) You MUST enter the account code sent to you on registering (for both sender AND receiver notes). If you fail to do this, sorry o!

5. To fund the account later, simply follow the same process by transferring a minimum of USD500 each time.

I use this method all the time without stress. You may check for your interest... in USD, EVERY WORKING DAY! Hope this helps smiley

8 Likes 2 Shares

Re: Treasury Bills In Nigeria by seunnuga: 9:03pm On Jan 23, 2020
mymadam:


shocked It is NOT difficult at all. Here is the simplest method, IMHO...

1. Open a domiciliary account at StanbicIBTC.
2. Change Naira to Dollar at parallel market.
3. Fund your domiciliary account with over USD1000... (Minimum for initial deposit into your dollar fund account)
4. Go to your domiciliary account and transfer AT LEAST USD1000 to your dollar fund account.

NOTE:

(a) Use the Stanbic account number sent to you via pdf attachment when you opened the account... NOT the Standard Bank account but the Stanbic one.
(b) You MUST enter the account code sent to you on registering (for both sender AND receiver notes). If you fail to do this, sorry o!

5. To fund the account later, simply follow the same process by transferring a minimum of USD500 each time.

I use this method all the time without stress. You may check for your interest... in USD, EVERY WORKING DAY! Hope this helps smiley

Thank you very much for this!
Re: Treasury Bills In Nigeria by seunnuga: 9:03pm On Jan 23, 2020
ojesymsym:
Only a transfer from a dorm account seems to work.
Ok i get it now.
Re: Treasury Bills In Nigeria by seunnuga: 9:04pm On Jan 23, 2020
Nigsrdumb:


I'll tell you what I've gone through so far, my account abroad was shut down because I sent dollars to naija, I also almost lost 1 thousand dollars that got stuck in a corresponding bank.

I really don't know, nothing seems to work properly in naija .

Sorry about that.. It's well.
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:17pm On Jan 23, 2020
emmanuelewumi:


Baba is highly liquid he is a board room guru, highly respected in corporate Nigeria.

Alhaji Koguna, Chief Osunkeye former chairman of Nestle, Chief Ade Ojo owner of Elizade motors and many others who are now in their 80s are some of the sincere managers which Investors love having on the boards of companies because they these gentlemen will help them grow their wealth.
na my mentor ,i was wondering what he was doing at the airport ( Lagos)
Re: Treasury Bills In Nigeria by yomi007k(m): 9:17pm On Jan 23, 2020
mymadam:


shocked It is NOT difficult at all. Here is the simplest method, IMHO...

1. Open a domiciliary account at StanbicIBTC.
2. Change Naira to Dollar at parallel market.
3. Fund your domiciliary account with over USD1000... (Minimum for initial deposit into your dollar fund account)
4. Go to your domiciliary account and transfer AT LEAST USD1000 to your dollar fund account.

NOTE:

(a) Use the Stanbic account number sent to you via pdf attachment when you opened the account... NOT the Standard Bank account but the Stanbic one.
(b) You MUST enter the account code sent to you on registering (for both sender AND receiver notes). If you fail to do this, sorry o!

5. To fund the account later, simply follow the same process by transferring a minimum of USD500 each time.

I use this method all the time without stress. You may check for your interest... in USD, EVERY WORKING DAY! Hope this helps smiley

Please what is the interest rate?
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:26pm On Jan 23, 2020
ahiboilandgas:
na my mentor ,i was wondering what he was doing at the airport ( Lagos)

He retired as the chairman of Red Star last year, his son is now on the board of the company

1 Like

Re: Treasury Bills In Nigeria by odimbannamdi(m): 9:30pm On Jan 23, 2020
emmanuelewumi:



TNT is small, when compared with Red Star


Red Star owns the franchise of FedEx in Nigeria, they have expanded to Benin, Niger and Mali.

The head office is on International airport road Lagos

Thanks for this enlightenment
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:32pm On Jan 23, 2020
emmanuelewumi:


He retired as the chairman of Red Star last year, his son is now on the board of the company
ok that guy in the insurance firm
Re: Treasury Bills In Nigeria by MyPicsSaysItall: 11:49pm On Jan 23, 2020
mymadam:


shocked It is NOT difficult at all. Here is the simplest method, IMHO...

1. Open a domiciliary account at StanbicIBTC.
2. Change Naira to Dollar at parallel market.
3. Fund your domiciliary account with over USD1000... (Minimum for initial deposit into your dollar fund account)
4. Go to your domiciliary account and transfer AT LEAST USD1000 to your dollar fund account.

NOTE:

(a) Use the Stanbic account number sent to you via pdf attachment when you opened the account... NOT the Standard Bank account but the Stanbic one.
(b) You MUST enter the account code sent to you on registering (for both sender AND receiver notes). If you fail to do this, sorry o!

5. To fund the account later, simply follow the same process by transferring a minimum of USD500 each time.

I use this method all the time without stress. You may check for your interest... in USD, EVERY WORKING DAY! Hope this helps smiley
Thanks for this. What is the current rate for Stanbic dollar fund?
Re: Treasury Bills In Nigeria by veron007: 12:11am On Jan 24, 2020
mymadam:


shocked It is NOT difficult at all. Here is the simplest method, IMHO...

1. Open a domiciliary account at StanbicIBTC.
2. Change Naira to Dollar at parallel market.
3. Fund your domiciliary account with over USD1000... (Minimum for initial deposit into your dollar fund account)
4. Go to your domiciliary account and transfer AT LEAST USD1000 to your dollar fund account.

NOTE:

(a) Use the Stanbic account number sent to you via pdf attachment when you opened the account... NOT the Standard Bank account but the Stanbic one.
(b) You MUST enter the account code sent to you on registering (for both sender AND receiver notes). If you fail to do this, sorry o!

5. To fund the account later, simply follow the same process by transferring a minimum of USD500 each time.

I use this method all the time without stress. You may check for your interest... in USD, EVERY WORKING DAY! Hope this helps smiley

What's the average interest rate for this dollar funds?
Re: Treasury Bills In Nigeria by Fxmanager(m): 1:14am On Jan 24, 2020
healthserve:




You want people to come for your head sha. You're bold o.


The best regulator for forex to me is www.myfxbook.com but you mentioned something about results and server manipulation recently.


I repeat you get mind. Make I run. Abeg this na tbills thread. Any other thing here is am advert, divertionary and wrong bro
Myfxbook Ltd is the owner of the website, myfxbook.com. This is a third party/independent company/website that audits and verifies the forex trading performance track record of traders/fund managers or investment company. This auditing and verification is a first step in the process of identifying a real trading performance track record of a trader/fund manager or investment company. As a result of the possibility of result and server manipulation, other steps in the process must follow. The next step is to find out if the broker use by the trader/fund manager in producing the trading performance track record is a government licensed and regulated broker. If the broker is a government licensed and regulated broker, and you still doubt the trading performance track record, and still want to dig deeper, if you can contact the trader/fund manager, you then request the trader/fund managers to open a demo account in the forex broker of your choice, and trade and produced the trading performance track record through myfxbook.com, and you will then compare the trading performance track record of the demo account and their official trading performance track record. In our history as forex traders/investors, it is not unusual for a trader/fund manager to request an interested investor to pick any government licensed and regulated broker of his choice and ask the trader/fund manager to trade and prove to the interested investor that its trading performance track record is not faked or doctored in partnership with the broker he/she is using, through their server.

If a trader/fund manager or investment company does not provide a trading performance track record myfxbook.com so as to apply the above information, you might be possibly investing in a scam/fraud scheme .
Re: Treasury Bills In Nigeria by oluwaleokey: 2:14am On Jan 24, 2020
damilola1978:
Na wa o...una don turn this thread to real estate thread haba... let us not lose focus biko

Bros dey calm o biko
no come put sand sand for our garri o
We like am like this
Honestly, i now frequent the thread though i am new to tbills, money market etc much as i am here to learn, i most enjoy the business discussions that spices up the thread infact i dey enjoy pass sometimes...all the time infact

8 Likes

Re: Treasury Bills In Nigeria by oluwaleokey: 2:16am On Jan 24, 2020
ahiboilandgas:
na my mentor ,i was wondering what he was doing at the airport ( Lagos)

Oga boss, make i apply for your mentorship abeg
Online or offline i am willing
Me dey follow you so...
I troway salute
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:49am On Jan 24, 2020
ahiboilandgas:
ok that guy in the insurance firm

Yes, he works in Alhajis insurance company at Ikoyi
Re: Treasury Bills In Nigeria by dejiotus: 4:44am On Jan 24, 2020
veron007:


What's the average interest rate for this dollar funds?
About 5.3% based on the interest I received yesterday

2 Likes 1 Share

Re: Treasury Bills In Nigeria by dejiotus: 5:00am On Jan 24, 2020
seunnuga:

Please how does one fund his stanbic dollar funds? ... My account officer also kind of discouraged me that it's difficult to fund it.. but people find a way out

Stanbic IBTC account number to fund the Stanbic IBTC Dollar Fund is 0034131849. There is a charge of about 20 dollars if someone makes the transfer via the Standard Chartered account

3 Likes

Re: Treasury Bills In Nigeria by ekoileblog(m): 5:45am On Jan 24, 2020
Please message me on my signature. I have a business opportunity or collaboration idea related to Treasury bills
Re: Treasury Bills In Nigeria by creategist: 6:52am On Jan 24, 2020
dejiotus:

About 5.3% based on the interest I received yesterday

Please how do you check this rate? Thanks.
Re: Treasury Bills In Nigeria by ojesymsym: 8:59am On Jan 24, 2020
dejiotus:


Stanbic IBTC account number to fund the Stanbic IBTC Dollar Fund is 0034131849. There is a charge of about 20 dollars if someone makes the transfer via the Chartered account
Is that not the only account to pay to? What other account and what's the charge there. For every transfer investment, there seem to be almost 100 USD deduction.
Re: Treasury Bills In Nigeria by Nobody: 10:11am On Jan 24, 2020
dejiotus:


Stanbic IBTC account number to fund the Stanbic IBTC Dollar Fund is 0034131849. There is a charge of about 20 dollars if someone makes the transfer via the Standard Chartered account

I guess it only works from stanbic dom to stanbic eurobond, which means you have to be on ground chasing aboki up and down.

I tried it, says country unsupported.
Re: Treasury Bills In Nigeria by ahiboilandgas: 11:23am On Jan 24, 2020
emmanuelewumi:


Yes, he works in Alhajis insurance company at Ikoyi
you are very informed ,i personally admire your outreach,ur knowledge of Nigerian companies ,owners , their wealth creation abilities....Do u know Dr faruk umar

4 Likes

Re: Treasury Bills In Nigeria by 9jatriot(m): 11:32am On Jan 24, 2020
Nope, not true, you can transfer from any of your dom account to the account in their payment advice schedule.
Nigsrdumb:


I guess it only works from stanbic dom to stanbic eurobond, which means you have to be on ground chasing aboki up and down.

I tried it, says country unsupported.

Re: Treasury Bills In Nigeria by Nobody: 11:45am On Jan 24, 2020
9jatriot:
Nope, not true, you can transfer from any of your dom account to the account in their payment advice schedule.


How do you get the dollars into the Dom açcount in the first place without changing it at the black market?


It's not easy to top up , you are losing money with all that merry go round if you really think about it.


Charges , black market rate etc.

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 11:58am On Jan 24, 2020
ahiboilandgas:
you are very informed ,i personally admire your outreach,ur knowledge of Nigerian companies ,owners , their wealth creation abilities....Do u know Dr faruk umar


I saw him on Wednesday at Eko Hotel during the Extraordinary General Meeting of Dangote Cement.

2 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 12:26pm On Jan 24, 2020
emmanuelewumi:



I saw him on Wednesday at Eko Hotel during the Extraordinary General Meeting of Dangote Cement.

whooa ,respect

4 Likes

Re: Treasury Bills In Nigeria by 9jatriot(m): 12:31pm On Jan 24, 2020
Okay. Point noted, perhaps it favors those who earn in USD more then.
Nigsrdumb:



How do you get the dollars into the Dom açcount in the first place without changing it at the black market?


It's not easy to top up , you are losing money with all that merry go round if you really think about it.


Charges , black market rate etc.
Re: Treasury Bills In Nigeria by brandable: 1:09pm On Jan 24, 2020
emmanuelewumi:



I saw him on Wednesday at Eko Hotel during the Extraordinary General Meeting of Dangote Cement.


Please who is Dr. Umar Faruk. Is it the one that is the emir of daura or the other faruk who is the non executive director of GTL registrars?

1 Like

Re: Treasury Bills In Nigeria by billtommy(m): 2:08pm On Jan 24, 2020
between fbn and stanbic dollar fund? which is better? in terms of interest rate and ease of doing business with it?

1 Like

Re: Treasury Bills In Nigeria by yomi007k(m): 2:32pm On Jan 24, 2020
billtommy:
between fbn and stanbic dollar fund? which is better? in terms of interest rate and ease of doing business with it?

Good question.

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