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Treasury Bills In Nigeria - Investment (1116) - 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 Akin3891: 1:09pm On Apr 01, 2020
Does anyone know on which day of the month does bank drop interest on savings account? first bank haven't drop mine. Also I wonder why first bank charged me 21k plus for account maintenance fee on my current account, i wonder the measures used to charge me that high, I called the customer service but no response.

1 Like

Re: Treasury Bills In Nigeria by deepwater(f): 2:08pm On Apr 01, 2020
presiade:
Sorry to deviate a little from the topic. Who knows and can recommend an effective and reliable debt recovery agent in Lagos?

Sars

5 Likes

Re: Treasury Bills In Nigeria by X21: 2:41pm On Apr 01, 2020
Akin3891:
Does anyone know at which day of the month does bank drop interest on savings account? first bank haven't drop mine. Also I wonder why first bank charged me 21k plus for account maintenance fee on my current account, i wonder the measures used to charge me that high, I called the customer service but no response.

same here too
they were quick in taking their charges.
but fail to credit interest for the month
Re: Treasury Bills In Nigeria by Nobody: 2:57pm On Apr 01, 2020
Akin3891:
Does anyone know on which day of the month does bank drop interest on savings account? first bank haven't drop mine. Also I wonder why first bank charged me 21k plus for account maintenance fee on my current account, i wonder the measures used to charge me that high, I called the customer service but no response.
I haven't receive my interest with first bank but gtbank has paid last night.

1 Like

Re: Treasury Bills In Nigeria by olujaidi: 3:30pm On Apr 01, 2020
Akin3891:
Does anyone know on which day of the month does bank drop interest on savings account? first bank haven't drop mine. Also I wonder why first bank charged me 21k plus for account maintenance fee on my current account, i wonder the measures used to charge me that high, I called the customer service but no response.

Because you had 21m worth of debit transactions to bank accounts other than yours in the month.

I hail o grin grin

3 Likes

Re: Treasury Bills In Nigeria by tomtom370: 3:53pm On Apr 01, 2020
Your caution may not be accurately situated.

Bonds are long term investment tools (5-20 years), and you don’t expect that Nigeria will be in a terrible economic state for a minimum of five years.

The yields which are paid quarterly or bi-annually, are not much of a burden for the government or funds managers.

Mind you, the average Eurobond investor here doesn’t buy directly from the government, rather from a pool (your investment outfits) who surely have a capital base and an accumulated balance sheet of yields for years. Meaning whenever you request your funds, they’ll have it available for you within the stipulated timeline (usually 24-72 working hours)...So, you ain’t collecting the funds from the government.

In fact, government needs all the dollars they can get now.

It’s just good that every investor make their findings before committing funds to anything.

I read someone here lost over $1,000 in Eurobond investment. I’m really interested in the details of such, cos a lot have people have made money and hedged their funds against depreciation.

TotoNaRubber:


I think it's best to slow down in EuroBonds and dollar denominated bonds as the oil price per barrel is at $19 per barrel.

The Nigerian govt will really struggle to repay maturing foreign debts.

Dangote will be really worried now with his refinery profit projection in danger.


Re: Treasury Bills In Nigeria by Nnamz(m): 4:43pm On Apr 01, 2020
My friend got a stimulus package of 50K from UBA due to the covid 19 crisis. Has anyone else been this lucky?

1 Like

Re: Treasury Bills In Nigeria by Nobody: 5:58pm On Apr 01, 2020
DaBogu:

Sir, can you state in explicit terms why we should beware of Eurobonds

My own experience with eurobond has � quite positive with stanbic.

They pay me interest daily, going forward you need 20 k dollars to top up.

I actually prefer it that way because your lump sum can work faster.

1 Like

Re: Treasury Bills In Nigeria by bjtinz: 6:51pm On Apr 01, 2020
ahiboilandgas:
i refuse to discus or drag into una ashawo/pimping thread after una try to drag me there with mentions now u jump here again to ambush my post .....the only advice i have for u is ....patronising ashawo or pimping service is not a Good investment strategy

Tell Dem ooo!! grin grin
Re: Treasury Bills In Nigeria by Ibechris2: 10:45pm On Apr 01, 2020
presiade:
Sorry to deviate a little from the topic. Who knows and can recommend an effective and reliable debt recovery agent in Lagos?



RESOLUTION LAW FIRM IN LAGOS .THIS IS THEIR NO 08099223322. WISH U THE BEST.

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 11:49pm On Apr 01, 2020
Akin3891:
Does anyone know on which day of the month does bank drop interest on savings account? first bank haven't drop mine. Also I wonder why first bank charged me 21k plus for account maintenance fee on my current account, i wonder the measures used to charge me that high, I called the customer service but no response.
gt done drop since morning
Re: Treasury Bills In Nigeria by Dollabiz: 12:09am On Apr 02, 2020
ahiboilandgas:
gt done drop since morning

What’s the interest for Gtb savings account monthly
Re: Treasury Bills In Nigeria by ahiboilandgas: 7:02am On Apr 02, 2020
Pls who has t.b result of yesterday
Re: Treasury Bills In Nigeria by ukay2: 8:09am On Apr 02, 2020
ahiboilandgas:
Pls who has t.b result of yesterday

91 days -2.2%
182 days-3.2%
364 days-4.3%


NTB is still going down

NTB was oversubscribed by 59%

Source : Thisday business news.

4 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 8:20am On Apr 02, 2020
ukay2:


91 days -2.2%
182 days-3.2%
364 days-4.3%


NTB is still going down

NTB was oversubscribed by 59%

Source : Thisday business news.
choi....

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 8:21am On Apr 02, 2020
Crude gradually recovering.....dont buy those expense black market dollars

7 Likes

Re: Treasury Bills In Nigeria by ukay2: 9:42am On Apr 02, 2020
ahiboilandgas:
Crude gradually recovering.....dont buy those expense black market dollars

Buy at your own risks


Hahahahaha
Re: Treasury Bills In Nigeria by DwayneGy(m): 9:52am On Apr 02, 2020
How are the days counted in Nigeria Tbills, is Saturday and Sunday counted to the number of days?

I invested some money on October 2nd, 2019 and I’m still yet to receive my capital. By my calculations, 182days expire on April 2nd, 2020.

Someone put me through pls
Re: Treasury Bills In Nigeria by oluwaseun8(m): 10:01am On Apr 02, 2020
DwayneGy:
How are the days counted in Nigeria Tbills, is Saturday and Sunday counted to the number of days?

I invested some money on October 2nd, 2019 and I’m still yet to receive my capital. By my calculations, 182days expire on April 2nd, 2020.

Someone put me through pls

Check ur account, a friend of mine who invested in October(182Days) with gtb got her alert this morning.
Re: Treasury Bills In Nigeria by DwayneGy(m): 10:12am On Apr 02, 2020
oluwaseun8:


Check ur account, a friend of mine who invested in October(182Days) with gtb got her alert this morning.

Thanks!! I used zenith and nothing still
Re: Treasury Bills In Nigeria by pizapato(m): 10:23am On Apr 02, 2020
ahiboilandgas:
Crude gradually recovering.....dont buy those expense black market dollars

While it might not be advisable to buy expensive dollar now as the price appear to be due to scarcity created by temporal stoppage in the issue of dollar to BDCs by FG since economic activities have virtually halted.

As for crude oil, I don't expect a recovery any time soon. The price will most likely remain below $30 till the middle of the year if not beyond.

Brace up
Re: Treasury Bills In Nigeria by Pascopele: 10:30am On Apr 02, 2020
Nnamz:
My friend got a stimulus package of 50K from UBA due to the covid 19 crisis. Has anyone else been this lucky?
Screenshots
How old is he? Or is this some April fool's prank
Re: Treasury Bills In Nigeria by Nnamz(m): 11:14am On Apr 02, 2020
Pascopele:
Screenshots
How old is he? Or is this some April fool's prank
All I know is what he said

1 Like

Re: Treasury Bills In Nigeria by dipoolowoo: 11:20am On Apr 02, 2020

4 Likes

Re: Treasury Bills In Nigeria by Akin3891: 1:44pm On Apr 02, 2020
ahiboilandgas:
gt done drop since morning

First bank is now the last to drop interests, just checked and still nothing. They are the first in taking off charges, multiple charges on my accounts as at 27th March. I hope they won't come up with stories.
Re: Treasury Bills In Nigeria by Reality11: 2:25pm On Apr 02, 2020
ajsans:


Am sure you're referring to the Late Chief Akintunde Asalu. The Asiwaju of Ejigboland in Osun State.
Popularly known as the Warren buffet of Nigeria.

How far?
Re: Treasury Bills In Nigeria by ajsans: 2:43pm On Apr 02, 2020
just sent you a mail sir.
Reality11:


How far?
Re: Treasury Bills In Nigeria by Reality11: 3:11pm On Apr 02, 2020
ajsans:
just sent you a mail sir.
Respond
Re: Treasury Bills In Nigeria by ositadima1(m): 3:52pm On Apr 02, 2020
Akin3891:


First bank is now the last to drop interests, just checked and still nothing. They are the first in taking off charges, multiple charges on my accounts as at 27th March. I hope they won't come up with stories.

Me too, I am waiting for alert o, since my Tbill is on rollover I am expecting either interest or capital.
Re: Treasury Bills In Nigeria by ositadima1(m): 4:03pm On Apr 02, 2020
Was firstbank Tbills bid successful? It was oversubscribed by more than 59% I hope they made it.
Re: Treasury Bills In Nigeria by zamirikpo(m): 5:08pm On Apr 02, 2020
ukay2:


91 days -2.2%
182 days-3.2%
364 days-4.3%


NTB is still going down

NTB was oversubscribed by 59%

Source : Thisday business news.

People still trust this Nigeria sha, the way am looking at naira, it will be a miracle if we don't hit N500/$$ by 2021. My thoughts ooh.

2 Likes

Re: Treasury Bills In Nigeria by ukay2: 5:31pm On Apr 02, 2020
zamirikpo:


People still trust this Nigeria sha, the way am looking at naira, it will be a miracle if we don't hit N500/$$ by 2021. My thoughts ooh.


Very unlikely

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