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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 olujaidi: 5:33pm On Apr 10, 2020 |
Horlartunes: Lol. Una noh dey tire for this Ghana NTB matter. Contact a Ghanaian bank for the requirements 2 Likes |
Re: Treasury Bills In Nigeria by tunene66: 6:39pm On Apr 10, 2020 |
Horlartunes: You must be prepared to leave the funds for more than two years o However, where a non-resident investor, having sent funds from offshore, requires that the proceeds of the investment (that is, interest and maturity value) be REPATRIATED offshore, then they are restricted to the purchase of Government Securities with tenor of three (3) years and above. For emphasis, where a non-resident investor requires that his/her investment proceeds be repatriated, then the investment can only be in instruments with tenors of three years (3) and above, such as the 3-year or 5-year bond. https://mobile.ghanaweb.com/GhanaHomePage/business/Investment-In-Ghana-Government-Treasury-Bills-By-Non-Resident-Ghanaians-188664 Though this was the rule in 2010, i knew it was still in effect as at 2017 |
Re: Treasury Bills In Nigeria by just2endowed: 8:50pm On Apr 10, 2020 |
tunene66: Nice |
Re: Treasury Bills In Nigeria by seyisanya(m): 11:26pm On Apr 10, 2020 |
NIGHTLIFE100:You're right, sir. Thanks for the valuable advice, I appreciate. I understand investments and how they work. I'm also aware of the range of volatility of different classes of investment/venture. Thanks once again! 2 Likes |
Re: Treasury Bills In Nigeria by XiaoLi: 6:09am On Apr 11, 2020 |
Has anyone here ever done dollar denominated Commercial Paper through FBN quest, is there any risks associated with it? |
Re: Treasury Bills In Nigeria by missjekyll: 2:36pm On Apr 11, 2020 |
So, I just advised mommie dearest to hold on on some land she wanted to pay cash for. We ll need that cash for later in the year to snap up distress sales. Has anyone got any advice on where to spot such opportunities. I have got some personal contacts but I want to spread a bigger net for information. cc:emmanuelewumi,ahibooilandgas I know this sounds terrible but this recession fills me with excitement. Fortunes are made during recessions you know 7 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:48pm On Apr 11, 2020 |
missjekyll: I hope you have enough cash that can take care of your expenses for the next 6 months and above, if you have done that you can invest in whatever catches your fancy This recession is real, the most important thing is survival 8 Likes |
Re: Treasury Bills In Nigeria by tipzy001: 3:14pm On Apr 11, 2020 |
tipzy001:Someone with knowledge about this should please respond |
Re: Treasury Bills In Nigeria by deepwater(f): 3:28pm On Apr 11, 2020 |
missjekyll: What area is that? Please advise us on good land deals if you have any 2 Likes |
Re: Treasury Bills In Nigeria by kristien4(m): 3:32pm On Apr 11, 2020 |
tipzy001:There is a minimum withholding period of 3months, do u know about that is u wont make any withdrawals for 3months. |
Re: Treasury Bills In Nigeria by tipzy001: 4:40pm On Apr 11, 2020 |
kristien4:Yes I'm aware of that, I don't have any intention of withdrawing from it for the whole year. are you currently into it? |
Re: Treasury Bills In Nigeria by tukopy: 4:48pm On Apr 11, 2020 |
tipzy001: Fidelity Bank High Yield Savings Account (HYSA) offers 5.49% The highest interest so far amongst Banks |
Re: Treasury Bills In Nigeria by tipzy001: 5:03pm On Apr 11, 2020 |
tukopy:Thank you. It Sounds good but it's my life savings so I would like to stick to tier 1 banks to have rest of mind. Are you currently into the Fidelity Bank High yield savings account? 2 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 5:50pm On Apr 11, 2020 |
missjekyll:A lot of distress sales will happen after this lockdown.. A lot of businesses are already collapsing and would need funds to get back on. Unfortunately many companies will lay off workers.. If this lockdown lasts till end of this month, I’m afraid what would happen.. Interesting times.. 5 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 5:52pm On Apr 11, 2020 |
emmanuelewumi:Boss, do you know if this will have any impact on tbills rates or are we going to have single digit rates throughout the year |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:37pm On Apr 11, 2020 |
chigo4u: I don't have an idea, it very important to be liquid or have an uninterrupted cash flow at this point in time 2 Likes 1 Share |
Re: Treasury Bills In Nigeria by missjekyll: 7:12pm On Apr 11, 2020 |
emmanuelewumi: Of course. I m holding on to cash for now. not investing till later |
Re: Treasury Bills In Nigeria by missjekyll: 7:14pm On Apr 11, 2020 |
deepwater: of course deepwater. properties were in onitsha though |
Re: Treasury Bills In Nigeria by missjekyll: 7:27pm On Apr 11, 2020 |
deepwater: land is in anambra. I ll share any tid bits as a matter of course deepwater. no fear |
Re: Treasury Bills In Nigeria by Crazeworld(m): 7:55pm On Apr 11, 2020 |
emmanuelewumi:Please what does it mean to be "liquid?" |
Re: Treasury Bills In Nigeria by MrMcJay(m): 7:59pm On Apr 11, 2020 |
Crazeworld: To have "cash at hand" or to have assets that can be easily converted to cash. 10 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:03pm On Apr 11, 2020 |
Crazeworld: Having more than enough cash or near cash like Treasury Bills or money investment in 3 Likes |
Re: Treasury Bills In Nigeria by ManOfSteel2(m): 8:05pm On Apr 11, 2020 |
Crazeworld:Having enough cash or asset that can be easily converted to cash to meet any financial obligations 3 Likes 1 Share |
Re: Treasury Bills In Nigeria by Nobody: 10:43pm On Apr 11, 2020 |
missjekyll:I bought one last two month and another one came up 3days ago but I already left 9ja. The property is worth 60m thou but it's now on the market for 35m |
Re: Treasury Bills In Nigeria by Crazeworld(m): 12:04am On Apr 12, 2020 |
MrMcJay:Thanks |
Re: Treasury Bills In Nigeria by exclusiveoloori: 1:06am On Apr 12, 2020 |
This is interesting |
Re: Treasury Bills In Nigeria by tukopy: 2:02am On Apr 12, 2020 |
tipzy001: I work with Fidelity Bank, I bank with Fidelity Bank and I got most of my peeps abroad to key into their HYSA savings as an investment plan. Fidelity Bank is one of the leading tire 2 Banks and we are gunning for tier 1. Check out our financials for 2019 |
Re: Treasury Bills In Nigeria by XiaoLi: 5:06am On Apr 12, 2020 |
Can someone look into this question pls. XiaoLi: |
Re: Treasury Bills In Nigeria by damilola1978: 7:01am On Apr 12, 2020 |
XiaoLi:what was the minimum investment value and at what percentage? On a general note FBNQuest are like brokers, you would need to do your own research about the company offering the commercial papers to know their credit rating and how good their balance sheets have been for atleast 2 years |
Re: Treasury Bills In Nigeria by XiaoLi: 9:45am On Apr 12, 2020 |
The minimum investment value i don't know as i have already invested. I got 4% for the interest and investment was done first week of March. My RM said that it is First Bank offering the Commercial Paper and it is risk free same as treasury bills, I just want gurus here to help look into it as those RM cannot be trusted sometimes. damilola1978: |
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