IamR:

Yeah, but it takes 30 days instead of 72 Hrs to get back your capital after 6 months holding period.

Hmm, which kind of misinformation is this oga?

KNOW THESE BEFORE YOU DIVE INTO NTB. LOOK AT MARKET BORROWING, FROM BIG ORGANISATIONS LICENSED AND REGULATED BY CBN.

Treasury Bills Rate In Nigeria 2020 By Banks (CBN)

19 Comments / Investment tips / By missybanker

Knowing the treasury bills rate in Nigeria 2020 will help you to have an insight on the interest rates that the financial institution we have in this country, especially the bank offers to investors.

I will only update the interest rates of banks and the central bank of Nigeria, can’t promise for other financial institutions like the merchants or the stock brokers. However, you can assist me with that.

You can say that Treasury Bills (Nigerian Treasury Bills – NTBs) are non-interest bearing instruments. It’s a short term debt instruments issued by the Central Bank of Nigeria  (CBN) on behalf of the Federal Government to finance local debts.

Treasury Bills (T-bills) rates serve as a benchmark for short-term rates in the economy. The T-bills can be bought from primary and secondary markets.

Treasury bills are available in the secondary/ primary market in the following tenors 91, 182 and 364 days at rates determined by auction and varies from amount to amount, investor to investor and tenor to tenor.

Before diving more into the treasury bills rate in Nigeria 2020, let me further explain more about T-bills.
Please Know that for primary market auction, you are expected to bid for Treasury bills using your desired rate, the bank can, however, advise on the last successful stop rate to guide your bidding.

You can also request that yourppreferred bank processes the bid on your behalf using their rates.

Nigeria Treasury Bills are a discounted product of CBN for which interest is paid up-front.

The interest rate is discounted and calculated per-annum i.e. you will be paid your interest at the beginning of the investment and it is not a flat rate as it’s divided by 12 months or 365 days.

The minimum bid amount of 1 million is allowed for both primary and secondary market and in the case of pre-liquidation, a one-month notice is required.

The Primary market bids are done fourth nightly on Wednesdays (i.e. every two weeks) this implies that if you intend to invest in Treasury Bills this week, your request form should have been received before 2 pm on the preceding Tuesday.

The next Treasury Bill auction is scheduled to hold on January 14, 2020, and you can buy directly from banks, just walk into any bank that you’re comfortable with and request for the form.
Tenors of the T-bills

Like i said before, there are three tenors or duration that an investor can invest in the treasury bills in Nigeria, they are;

91 Days: This is the least tenor or duration that you can invest in the T-bills, you can say it is just a three months investment. On this very tenor, the interest rate may be lower compared to other tenors.

182 Days: The second tenure or duration that you can get on the treasury bills in Nigeria. This is one of the common or popular duration that investors do go for, usually have a good amount of interest rate especially when you’re buying from investment bankers.

364 Days: The 364 days is the longest period that you can invest, actually a duration of one year.

The longer the tenor, the higher the treasury bills rate in nigeria. So leaving it for a maximum period of one year is recommended.

Currently in the month of January, treasury bills in Nigeria is usually very low, this is because of the festive season of Christmas and new year.

Many investors and bank customers withdraw lots of money from their account on this period, this makes it difficult for banks to offer a good treasury bills rate in nigeria.

For now i have some banks T-bills rates in 2020, will try to get more as i can and will keep on updating this post.

Features

The features of the T-bills in Nigeria are as follows;

They are negotiableThey are used to finance the Federal Government of Nigeria’s local currency deficit; and to finance the national debt and control the level of money supply in the system.They are issued for liquidity management purposesIt is considered to be risk free because the government will always honor its local currency obligations.Eligibility

Local investors, PFAs, Nigerian citizens, corporate organizations are eligible to invest in the Nigerian treasury bills.

Requirements for Treasury bills

The requirements for the primary and the secondary market are as follows;

Auction requirementsCompleted bid form and custodial form.Account officers will confirm accounts are funded and the discounted values have been placed under lien. Please note that a mail advising of the status will be required.Client’s completed form must be forwarded to the group email on or before 5pm on the preceding day of the auction.A bid is yet to be included until they bank receive a client’s instructions/advice as explained .
Please note that these rates here do changes on weekly basis, so what i’m trying to do is to give you an insight on the rates banks offers on T-bills.

1. The central bank treasury bills rate

The cbn is the primary market in the treasury bills in Nigeria.

The central bank of Nigeria sell the T-bills as auction, and investors are requested to quote bids following which the average minimum bid is selected.

As at 2020, the minimum amount you will invest in the primary T-bills is fifty million naira (N50,000,000).

The last treasury bills that central bank offered was;

91d  –  3.5000%

182d – 4.9000%
364d – 5.2000%

2. Fidelity Bank treasury bills rates in 2020

Fidelity banks offers treasury bills on durations like 91, 182 and 364. The minimum amount that you can invest in the bank as at January 2020 is one million naira.

1. For 91 days, you will get an interest rate of 3.5000%

2. For 182 days, you will get an interest rate of 4.9000%

3. Then lastly for 365 days, you will get an interest rate of 5.2000% respectively.

To apply for fidelity bank treasury bills, you can do it online or offline. For online, you can download the T-bills form, fill it and send it to true.serve@fidelitybank.ng.

For offline which is better off as you can negotiate with the bank on the interest rate offered to you.

3. Gtbank treasury bills rate in Nigeria 2020

Gtbank treasury bills rates are quite commendable, and the least minimum amount of money to invest is N100,000.

The January 2020 gtbank T-bills rates are as follows;

1. For 91 days, you will get an interest rate of 9.74%

2. For 180 days, you will an interest rate of 10.75%

3. For 365 days, you will get an interest rate of 11.39% respectively.

To invest on gtbank treasury bills, you need to visit any bank branch and liaise with the account manager in order to process your request.

4. Stanbic ibtc bank T-bills rates

In this month of January 2020, stanbic ibtc bank offers similar rates just like the central bank, they are

For 91 days is –  3.5000%

For 182 days is – 4.9000%

For 364 days is – 5.2000%

5. United bank for Africa treasury bills rates (UBA)

For now i’m yet to get uba treasury bills rate in Nigeria 2020, but so far their minimum amount to invest is N500,000.

When you go to the bank, the account manager will present their rates for that week and you’re free to negotiate.

Uba treasury bills rates do changes a lot, what the bank offers this week, might not be what they will offer next or two weeks after.

Also, note that the bid rate for customers is as advised by Treasury by e-mail based on market trend and expectations.

6. Ecobank T-bills rates in Nigeria 2020

Ecobank tenors are tenors including the 91, 182 and 364 Days. The banks offers these treasury bills rate in nigeria ;

1. For 91 days, you will get an interest rate of 3.10%

2. For 182 days, you will get interest rate of 4.10%

3. For 364 days, you will get an interest rate of 4.50%

MARKET BORROWING pays between 10% - 14% per annum and your ROI can be paid upfront.

Let's talk - 08035281639.

chigo4u:

Is cement business lucrative? Can you give a quick run down of running it. You only talk about the oil biz

i no get strength to type long ....na my old hustle i buy for 2400 per bag sell for 2700 ...gross profit 300 naira per bag .....cost of distribution , carraige inward , wages , tax ,shop rent =150 per bag ....net profit 150 naira x900 bags per truck .....i sell a truck ever two weeks .......my total investment in the bussiness is around 2.7m ....this generate around 140k monlthy on the average....imagine if i have 20 outlet? My monthly income .....my main obstacle is edpanding is ....theft by staffs cos the trancation is cash based ....my haulage bussiness is time and brain consuming

yomi007k:


For now i have no good recommendations. I will let my ogas talk.

thank you so much sir. I'll look through.
And I also think that apparently my post here triggered off a scammer to reach out to me from here again after some years (luckily I didn't fall for his gimmicks then) I happen to also know him (remotely) from this platform. I don't want to go into details but let's just be careful as they truly abound. May God help us all. Everyone is trying to survive while some people are out there to make people depressed

For those that wants alternative to TB or Fixed deposit with good interest rate .

I work with a Non- banking financial institution called Rosabon Financial Services ( The Concept Group ) 32 Montgomery Road Sabo Yaba with a branch in Abuja & PH licensed and regulated by CBN and also been in existence for over 25 yrs now. our interest rate still remain unbeatable, fantastic and far better than TB and what all the commercial banks are giving out presently. still offer interest rate of 9% to 15.50% depending on the tenor and amount of investment. You can get your interest Upfront , Monthly or @ Maturity. The longer the Tenor , the higher the interest rate. You may contact me if you are interested. 08036450638 or wale.abatan@rosabon-finance.com or www.rosabon-finance.com

You guys give loans, right? What is your collection rate vs default rate?

walexy14:
For those that wants alternative to TB or Fixed deposit with good interest rate .

I work with a Non- banking financial institution called Rosabon Financial Services ( The Concept Group ) 32 Montgomery Road Sabo Yaba with a branch in Abuja & PH licensed and regulated by CBN and also been in existence for over 25 yrs now. our interest rate still remain unbeatable, fantastic and far better than TB and what all the commercial banks are giving out presently. still offer interest rate of 9% to 15.50% depending on the tenor and amount of investment. You can get your interest Upfront , Monthly or @ Maturity. The longer the Tenor , the higher the interest rate. You may contact me if you are interested. 08036450638 or wale.abatan@rosabon-finance.com or www.rosabon-finance.com

udysweet:
thank you so much sir. I'll look through.
And I also think that apparently my post here triggered off a scammer to reach out to me from here again after some years (luckily I didn't fall for his gimmicks then) I happen to also know him (remotely) from this platform. I don't want to go into details but let's just be careful as they truly abound. May God help us all. Everyone is trying to survive while some people are out there to make people depressed

Na wa oo.

Imagine that! Please be careful.

The lockdown is worldwide hence everyone is affected, but the wolves look for who to devour.

I advise you to stay focused. Upgrade your personal business. If you dont see a secure investment just calm down. You are already blessed.

Odiase23:
KNOW THESE BEFORE YOU DIVE INTO NTB. LOOK AT MARKET BORROWING, FROM BIG ORGANISATIONS LICENSED AND REGULATED BY CBN.

Treasury Bills Rate In Nigeria 2020 By Banks (CBN)

19 Comments / Investment tips / By missybanker

Knowing the treasury bills rate in Nigeria 2020 will help you to have an insight on the interest rates that the financial institution we have in this country, especially the bank offers to investors.

I will only update the interest rates of banks and the central bank of Nigeria, can’t promise for other financial institutions like the merchants or the stock brokers. However, you can assist me with that.

You can say that Treasury Bills (Nigerian Treasury Bills – NTBs) are non-interest bearing instruments. It’s a short term debt instruments issued by the Central Bank of Nigeria  (CBN) on behalf of the Federal Government to finance local debts.

Treasury Bills (T-bills) rates serve as a benchmark for short-term rates in the economy. The T-bills can be bought from primary and secondary markets.

Treasury bills are available in the secondary/ primary market in the following tenors 91, 182 and 364 days at rates determined by auction and varies from amount to amount, investor to investor and tenor to tenor.

Before diving more into the treasury bills rate in Nigeria 2020, let me further explain more about T-bills.
Please Know that for primary market auction, you are expected to bid for Treasury bills using your desired rate, the bank can, however, advise on the last successful stop rate to guide your bidding.

You can also request that yourppreferred bank processes the bid on your behalf using their rates.

Nigeria Treasury Bills are a discounted product of CBN for which interest is paid up-front.

The interest rate is discounted and calculated per-annum i.e. you will be paid your interest at the beginning of the investment and it is not a flat rate as it’s divided by 12 months or 365 days.

The minimum bid amount of 1 million is allowed for both primary and secondary market and in the case of pre-liquidation, a one-month notice is required.

The Primary market bids are done fourth nightly on Wednesdays (i.e. every two weeks) this implies that if you intend to invest in Treasury Bills this week, your request form should have been received before 2 pm on the preceding Tuesday.

The next Treasury Bill auction is scheduled to hold on January 14, 2020, and you can buy directly from banks, just walk into any bank that you’re comfortable with and request for the form.
Tenors of the T-bills

Like i said before, there are three tenors or duration that an investor can invest in the treasury bills in Nigeria, they are;

91 Days: This is the least tenor or duration that you can invest in the T-bills, you can say it is just a three months investment. On this very tenor, the interest rate may be lower compared to other tenors.

182 Days: The second tenure or duration that you can get on the treasury bills in Nigeria. This is one of the common or popular duration that investors do go for, usually have a good amount of interest rate especially when you’re buying from investment bankers.

364 Days: The 364 days is the longest period that you can invest, actually a duration of one year.

The longer the tenor, the higher the treasury bills rate in nigeria. So leaving it for a maximum period of one year is recommended.

Currently in the month of January, treasury bills in Nigeria is usually very low, this is because of the festive season of Christmas and new year.

Many investors and bank customers withdraw lots of money from their account on this period, this makes it difficult for banks to offer a good treasury bills rate in nigeria.

For now i have some banks T-bills rates in 2020, will try to get more as i can and will keep on updating this post.

Features

The features of the T-bills in Nigeria are as follows;

They are negotiableThey are used to finance the Federal Government of Nigeria’s local currency deficit; and to finance the national debt and control the level of money supply in the system.They are issued for liquidity management purposesIt is considered to be risk free because the government will always honor its local currency obligations.Eligibility

Local investors, PFAs, Nigerian citizens, corporate organizations are eligible to invest in the Nigerian treasury bills.

Requirements for Treasury bills

The requirements for the primary and the secondary market are as follows;

Auction requirementsCompleted bid form and custodial form.Account officers will confirm accounts are funded and the discounted values have been placed under lien. Please note that a mail advising of the status will be required.Client’s completed form must be forwarded to the group email on or before 5pm on the preceding day of the auction.A bid is yet to be included until they bank receive a client’s instructions/advice as explained .
Please note that these rates here do changes on weekly basis, so what i’m trying to do is to give you an insight on the rates banks offers on T-bills.

1. The central bank treasury bills rate

The cbn is the primary market in the treasury bills in Nigeria.

The central bank of Nigeria sell the T-bills as auction, and investors are requested to quote bids following which the average minimum bid is selected.

As at 2020, the minimum amount you will invest in the primary T-bills is fifty million naira (N50,000,000).

The last treasury bills that central bank offered was;

91d  –  3.5000%

182d – 4.9000%
364d – 5.2000%

2. Fidelity Bank treasury bills rates in 2020

Fidelity banks offers treasury bills on durations like 91, 182 and 364. The minimum amount that you can invest in the bank as at January 2020 is one million naira.

1. For 91 days, you will get an interest rate of 3.5000%

2. For 182 days, you will get an interest rate of 4.9000%

3. Then lastly for 365 days, you will get an interest rate of 5.2000% respectively.

To apply for fidelity bank treasury bills, you can do it online or offline. For online, you can download the T-bills form, fill it and send it to true.serve@fidelitybank.ng.

For offline which is better off as you can negotiate with the bank on the interest rate offered to you.

3. Gtbank treasury bills rate in Nigeria 2020

Gtbank treasury bills rates are quite commendable, and the least minimum amount of money to invest is N100,000.

The January 2020 gtbank T-bills rates are as follows;

1. For 91 days, you will get an interest rate of 9.74%

2. For 180 days, you will an interest rate of 10.75%

3. For 365 days, you will get an interest rate of 11.39% respectively.

To invest on gtbank treasury bills, you need to visit any bank branch and liaise with the account manager in order to process your request.

4. Stanbic ibtc bank T-bills rates

In this month of January 2020, stanbic ibtc bank offers similar rates just like the central bank, they are

For 91 days is –  3.5000%

For 182 days is – 4.9000%

For 364 days is – 5.2000%

5. United bank for Africa treasury bills rates (UBA)

For now i’m yet to get uba treasury bills rate in Nigeria 2020, but so far their minimum amount to invest is N500,000.

When you go to the bank, the account manager will present their rates for that week and you’re free to negotiate.

Uba treasury bills rates do changes a lot, what the bank offers this week, might not be what they will offer next or two weeks after.

Also, note that the bid rate for customers is as advised by Treasury by e-mail based on market trend and expectations.

6. Ecobank T-bills rates in Nigeria 2020

Ecobank tenors are tenors including the 91, 182 and 364 Days. The banks offers these treasury bills rate in nigeria ;

1. For 91 days, you will get an interest rate of 3.10%

2. For 182 days, you will get interest rate of 4.10%

3. For 364 days, you will get an interest rate of 4.50%

MARKET BORROWING pays between 10% - 14% per annum and your ROI can be paid upfront.

Let's talk - 08035281639.

why ...abi them swear for una ...na by force to scam person ....mod do twh needful

yomi007k:


Na wa oo.

Imagine that! Please be careful.

The lockdown is worldwide hence everyone is affected, but the wolves look for who to devour.

I advise you to stay focused. Upgrade your personal business. If you dont see a secure investment just calm down. You are already blessed.

I honestly was shocked. My mind did a quick calculation and then it clicked. He was back with a new, apparently he forgot the name he lied to me back then. It's when he mentioned my two handles and other stuff I just knew it. So people go round this forum, looking for easy prey. I don't even want to talk about a few attempts from here.
If you happen to see this, whatever your name is :fola, Paul, Kenny, UK Dr etc. Karma will catch up with you soon. One of such scammers on the 30s plus thread I Joined here, appeared on SDK blog as a scammer preying on single mothers, promising them work and marriage. He was romantically linked to the op of that thread. I hope she didn't fall prey.
I'm sorry for deviating. Let me go back to the sidelines and be reading

Gentlemen & Ladies Gud pm


Pls if someone decides to pull out his money from treasury bill before it's maturity.......how many % will the bank charge him/her........ first bank to be precised

Treasury Bills Yields Drop 0.05% to 2.87%
https://businesspost.ng/economy/treasury-bills-yields-drop-0-05-to-2-87/

ZEAK:
Gentlemen & Ladies Gud pm


Pls if someone decides to pull out his money from treasury bill before it's maturity.......how many % will the bank charge him/her........ first bank to be precised

if you can provide the face value, discounted rate and tenure, I can calculate an estimate of how much you will get back...

OgogoroFreak:
already bought about 22M worth of bitcoin when price for 1btc fell to about $5,000. Currently, 1btc is worth $7,000. I was able to jump the Naira devaluation with this. Hoping 1btc would now rise to $10,000 after all these wahala before I sell it off. That would be about 45M

Please what are the factors to consider in Bitcoin trading? How do you know the right time to buy and sell. Abeg help your boi edakun.

A risk taker made 100m from land deal , this guy bought a large colonial bungalow in an old european quater in a Gra out side Lagos for 150m and divided it to 10units 100 by 50 feet size at 27-30m each .....the last unit was sold yesterday he bought the property in january and expended 10m in ministry of land to getting new 10 c.of o.....

Despite been a secondary school grad but financially smart ...he noticed that new billionaires where not springing up easly in Nigeria ..but a few up middle class that want to live a old Gra but cant buy those old houses for 150m ....so he devised a mean buy up the old gra then divide it up....to smaller units and sell

ahiboilandgas:
i no get strength to type long ....na my old hustle i buy for 2400 per bag sell for 2700 ...gross profit 300 naira per bag .....cost of distribution , carraige inward , wages , tax ,shop rent =150 per bag ....net profit 150 naira x900 bags per truck .....i sell a truck ever two weeks .......my total investment in the bussiness is around 2.7m ....this generate around 140k monlthy on the average....imagine if i have 20 outlet? My monthly income .....my main obstacle is edpanding is ....theft by staffs cos the trancation is cash based ....my haulage bussiness is time and brain consuming

How can someone start this business?

ahiboilandgas:
i no get strength to type long ....na my old hustle i buy for 2400 per bag sell for 2700 ...gross profit 300 naira per bag .....cost of distribution , carraige inward , wages , tax ,shop rent =150 per bag ....net profit 150 naira x900 bags per truck .....i sell a truck ever two weeks .......my total investment in the bussiness is around 2.7m ....this generate around 140k monlthy on the average....imagine if i have 20 outlet? My monthly income .....my main obstacle is edpanding is ....theft by staffs cos the trancation is cash based ....my haulage bussiness is time and brain consuming

A truck every two weeks must be in a site or a strategic location I guess

abraolas1:


A truck every two weeks must be in a site or a strategic location I guess

yes nah ....go look for you own

BREAKING: Saudi, Russia agree to cut oil by 20 million barrels

Source: https://nairametrics.com/2020/04/09/breaking-saudi-russia-agree-to-cut-oil-by-20-million-barrel/

One of the lessons we just learnt under this COVID-19 regime - It has shown us how much our money can make for us while we are lock-down/not active at work or in any business. If while on lock-down, you are not making any passive income then it means you need to start investing immediately in fact you need to declare a state of emergency on your investment situation, as little as 5% or 6% some MMF managers are giving now, some people still got credited or will be credited while they are on lock-down and dividends were paid and will still be paid to investors in stocks. If you are on lock down and your money too is lock down, then you need to review your investment strategy. Assume this lock-down is your retirement period how well can you live well without working? If only when you open business, or you are present at work you make money then your investment is not complete you need to do more forms of investment. Just a lesson!

OgogoroFreak:
already bought about 22M worth of bitcoin when price for 1btc fell to about $5,000. Currently, 1btc is worth $7,000. I was able to jump the Naira devaluation with this. Hoping 1btc would now rise to $10,000 after all these wahala before I sell it off. That would be about 45M

Kai!! The thing pain me o. When it fell to 5k I was busy dilly-dallying. Just checked and it's over 7k already.

Hoping it will still drop b4 the covid wahala is over

emmasoft:
If you are on lock down and your money too is lock down, then you need to review your investment strategy. Assume this lock-down is your retirement period how well can you live well without working? If only when you open business, or you are present at work you make money then your investment is not complete you need to do more forms of investment. Just a lesson!

Great piece. Thanks

bjtinz:


Kai!! The thing pain me o. When it fell to 5k I was busy dilly-dallying. Just checked and it's over 7k already.

Hoping it will still drop b4 the covid wahala is over

@OgogoroFreak and @Bjtinz, is there any platform that allows Nigerians to directly trade bitcoin?
Thanks.

seyisanya:
@OgogoroFreak and @Bjtinz, is there any platform that allows Nigerians to directly trade bitcoin?
Thanks.

u can trade bitcoins directly via Binance

Good Morning guys. So I am looking to move my money from my current savings plan to zenith bank save4me plan, I called zenith customer care and the interest in it is 4.8% which is higher than other banks I've enquired from. is there anyone involve in the save4me Target savings account for zenith bank? I'll like to know if it's worth going to or if there are hidden conditions. Please advise

janga:


u can trade bitcoins directly via Binance

Many thanks.

SamjohnnyB:
Grow your business and increase sales with the phone numbers and e-mail addresses.

1. 80 millions phone numbers arranged in 36 States, 774 local government in Nigeria.

2. 1 million Nigerian e-mail addresses.

3. 10,000 online shoppers phone numbers & names.

4. 4,000 phone numbers and e-mail addresses of business owners in Lagos.

5. 100,000 active whatsApp numbers

Msg me on WhatsApp for more info and how to get it for a little fee. Check my signature for my direct WhatsApp link.

Please delete my phone number and email address from your database

seyisanya:
@OgogoroFreak and @Bjtinz, is there any platform that allows Nigerians to directly trade bitcoin?
Thanks.

If you’re looking for peace of mind and safe investment better run away from bitcoin, it’ll drain you and increase your BP. You can wake up tomorrow and the value is half the price you bought it.

NIGHTLIFE100:
If you’re looking for peace of mind and safe investment better run away from bitcoin, it’ll drain you and increase your BP. You can wake up tomorrow and the value is half the price you bought it.

Bitcoin is actually lucrative but is for those fast thinking and potentially analytically intelligent investors.

No be Nigeria kind of investment... In fact,the BP no be here. I have lost money but I am still enduring. And to all those who might want to invest for the future and not speculate Bitcoin is ur number one spot to invest in.

Ibechris2:



Bitcoin is actually lucrative but is for those fast thinking and potentially analytically intelligent investors.

No be Nigeria kind of investment... In fact,the BP no be here. I have lost money but I am still enduring. And to all those who might want to invest for the future and not speculate Bitcoin is ur number one spot to invest in.

Any material for beginners please?

Guys how can we venture I to ghana treasury bills please