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Treasury Bills In Nigeria - Investment (1239) - 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 emmanuelewumi(m): 10:39am On May 22, 2020
rmx:


Exactly

Not many smes willing to go thru this route and do things properly for reasons i mentioned earlier

Most have no dealings with big cooperates or govt business


If they are okay playing in the small league, all well and good.

It happens with self employed professionals eg Architects, lawyers, doctors etc. But those professionals can only deal with people and not corporate organizations and government agencies

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 11:02am On May 22, 2020
abraolas1:


Thank you All for schooling us

I am So grateful to have all of you and thank you for not getting tired of us (Emmanuelwunmi, Oga Ahib, Sholapey,u2kay,conglomerate and the host of others i cant mention ) You're welcome sir, we appreciate your contributions too.

God Bless you all

Amen! You're most welcome sir.
Re: Treasury Bills In Nigeria by Bbbwings: 11:13am On May 22, 2020
abraolas1:


Thank you All for schooling us

I am So grateful to have all of you and thank you for not getting tired of us (Emmanuelwunmi, Oga Ahib, Sholapey,u2kay,conglomerate and the host of others i cant mention )

God Bless you all

Re: Treasury Bills In Nigeria by odimbannamdi(m): 12:55pm On May 22, 2020
OgogoroFreak:
There are things I do as a business man here in Nigeria that I can't dare try in a sane country. So someone like me is not even having "hope" or praying that Nigeria gets better.

We have seen one of the people that don't want a better Nigeria... cheesy

Well, the economy is a round table. Whatever money we make on our side of the table by leveraging the bad system, we will still spend it unjustly at another side of the table. We stand to gain more collectively if our system gets better.

No blames though. You are doing what you have to do

14 Likes

Re: Treasury Bills In Nigeria by odimbannamdi(m): 1:00pm On May 22, 2020
OgogoroFreak:
It is not a sinking ship to me, that's the point. And the devaluation is to my own benefits too. Let me explain.

I have a foreign bank account linked to my PayPal account. I use it for shipping and also buy dollars very cheap from freelancer. So orna exchange rate from Aboki, no concern me. I also have a team of programmers here in Nigeria that I source most jobs for abroad, I get paid in $ while I pay them in ₦.

I don't keep much Naira in Nigeria unless I want to buy tbills and use the interest for something or even pay salaries with.

These are some of the things I meant by plan accordingly.

This man, you get mind ooo...from Bitcoin to Paypal. I dabbled into Paypal things in 2017 and i lost nearly 300k. Freelancers refused to retract money to their Fiverr account and Paypal just permanently limited the account. Since then, i no do Paypal transactions again ooo...very uncertain terrain
Re: Treasury Bills In Nigeria by missjekyll: 1:13pm On May 22, 2020
Can any of you lovely people recommend a good e-commerce web developer? Thanks in advance

I just ran out of the shopify website. As a shopaholic, I never appreciated the work that goes into running the websites I click so carelessly with a nutella coated finger.

1 Like

Re: Treasury Bills In Nigeria by OgogoroFreak(m): 1:31pm On May 22, 2020
odimbannamdi:


This man, you get mind ooo...from Bitcoin to Paypal. I dabbled into Paypal things in 2017 and i lost nearly 300k. Freelancers refused to retract money to their Fiverr account and Paypal just permanently limited the account. Since then, i no do Paypal transactions again ooo...very uncertain terrain
I use paypal to do all my importation. I have been using same USA paypal account for roughly 6 years now without issues.

Also, there is a trusted guy here on nairaland that can help you withdraw your money from your permanently limited PayPal account and he will pay you either in Naira or bitcoin. His name is iyemik.

https://www.nairaland.com/3017069/withdraw-money-limited-paypal-account/39#89454090

4 Likes

Re: Treasury Bills In Nigeria by IyawoToBe(f): 1:41pm On May 22, 2020
OgogoroFreak:
I use paypal to do all my importation. I have been using same USA paypal account for roughly 6 years now without issues.

Also, there is a trusted guy here on nairaland that can help you withdraw your money from your permanently limited PayPal account and he will pay you either in Naira or bitcoin. His name is iyemik.

https://www.nairaland.com/3017069/withdraw-money-limited-paypal-account/39#89454090
do you use vpn? Also how do you pay suppliers that insist on Rmb?

2 Likes

Re: Treasury Bills In Nigeria by T3amie(m): 2:00pm On May 22, 2020
We buy and sell

https:///2349074785796

paypal funds
Bitcoin
ITunes card
Amazon card
One vanilla card
Steam wallet card
Sephora gift cards
Cashapp
Ebay gift card
Amex card
Offgamer
Neteller
Zellepay
Rmb
Skrill
Ethereum
https:///2349074785796
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:03pm On May 22, 2020
T3amie:
We buy and sell

https:///2349074785796

paypal funds
Bitcoin
ITunes card
Amazon card
One vanilla card
Steam wallet card
Sephora gift cards
Cashapp
Ebay gift card
Amex card
Offgamer
Neteller
Zellepay
Rmb
Skrill
Ethereum
https:///2349074785796
we buy bonds,tb,houses and money markets ideas here

34 Likes

Re: Treasury Bills In Nigeria by videomystro(m): 2:18pm On May 22, 2020
missjekyll:
Can any of you lovely people recommend a good e-commerce web developer? Thanks in advance

I just ran out of the shopify website. As a shopaholic, I never appreciated the work that goes into running the websites I click so carelessly with a nutella coated finger.



I am a WordPress website developer, you can Reach out to me on 0-8-1-8-7-1-9-1-0-9-3(Call/WhatsApp) and have your site developed at an affordable rate with a chatbot integrated feature to capture leads/customers details when they visit your website.

I can show you my recent designs if requested..


PS: You can as well click the link in my signature to get in touch with me.

3 Likes

Re: Treasury Bills In Nigeria by Nakedman: 2:24pm On May 22, 2020
Barrytone:


Am not a guru but you deserve an answer. The gurus will attend to you when they wake. The present SUKUK bond at 11.2% is a better deal. That amount (about 18m) that fetches you about 700k now will be getting you over 2m every year. 11% is fair considering the rates now and future expectations.
Thank you Sire
Re: Treasury Bills In Nigeria by Nnamz(m): 3:00pm On May 22, 2020
unite4real:


You are new and u started by insulting people?

Everybody has his or her speed of understanding. No question is stupid as it can answer to many who are reading without asking.

Google cannot make u money, practice will. Money making is an act.

This thread started since 2012 and a lot of us have asked so called lazy questions but it has paid off on many
That poster made a valid point and you're attacking him. This money you wanna invest, you did not steal it (or at least let us assume that). Why come here asking questions like someone just dashed you the money? These are the kind of people that always fall for mmm schemes because they want fast money and would rather drop their money anywhere rather than take their time to study where they are putting their blood and sweat (money). Stop coming here to ask people to calculate 11% of your funds for you. Have some shame na.

3 Likes

Re: Treasury Bills In Nigeria by Theconglomerate(m): 3:05pm On May 22, 2020
Nnamz:

That poster made a valid point and you're attacking him. This money you wanna invest, you did not steal it (or at least let us assume that). Why come here asking questions like someone just dashed you the money? These are the kinds of people that always falls for mmm schemes because they want fast money and would rather drop their money anywhere rather than take their time to study where they are putting their blood and sweat (money). Stop coming here to ask people to calculate 11% of your funds for you. Have some shame na.
grin grin grin
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 3:29pm On May 22, 2020
ahiboilandgas:
we buy bonds,tb,houses and money markets ideas here
Hahahahaha... That's a good one.
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 3:37pm On May 22, 2020
IyawoToBe:
do you use vpn? Also how do you pay suppliers that insist on Rmb?
I don't ship from China but some shipping companies can help you with that. You pay Naira and they help you send Rmb equivalent to your seller.
Re: Treasury Bills In Nigeria by blithe: 4:21pm On May 22, 2020
Sholapey:
Register with either of these investments house first them come back for more information.

*FBNQUEST Assets management
*Stanbic bank assets management
*Morgan Capital investment
*Investment one.
Hello...I went to stanbic today to make enquiries about mutual funds and TB....

The Rep told me both Mutual fund and TB interests are not encouraging for now but she gave some forms to fill.

1 Like

Re: Treasury Bills In Nigeria by sagio09: 4:28pm On May 22, 2020
FGN has opened for investment of SUKUK bond.If u're interested in investing in the FGN SUKUK BOND, contact me.
Re: Treasury Bills In Nigeria by odimbannamdi(m): 4:29pm On May 22, 2020
olujaidi:


Some of the folks who move to Canada aren't moving because of lack of money. Indeed, some of the people who move had well paid jobs. There's just a sense of despair that a lot of people have in the future of Nigeria. You can have money and die due to medical negligence and no one gets punished. I'm not saying it doesn't happen outside Nigeria but there's a fair chance of restitution. A lot of people say they do it for their kids. Quality healthcare, education, security etc.

Very well said, sir. Relocating to Canada through PR is not even easy for the average Nigerian because you need to show POF of at least 3.5m within the last 6 months.

Most people who tow that route are quite well to do, so clearly, the financial rewards they "may" get in Canada is not the main attraction because they are already getting it in Nigeria.

The reason is: BETTER LIFE. Within the last 2 years, at least 4 senior staff on nearly 6m annual salary in my organization have relocated to Canada for the same reason.

Make God just pick person call...

4 Likes

Re: Treasury Bills In Nigeria by emmasoft(m): 4:36pm On May 22, 2020
blithe:

Hello...I went to stanbic today to make enquiries about mutual funds and TB....

The Rep told me both Mutual fund and TB interests are not encouraging for now but she gave some forms to fill.

That is true. Still one has to invest. As poor as rates are currently it's still better than keeping your money idle without investing it. It's a matter of time once you build the culture you are bound to find and know more investment widows and learn different winning strategies. Keep on reading and learning from the masters here.

2 Likes

Re: Treasury Bills In Nigeria by 9jatriot(m): 4:46pm On May 22, 2020
I am trying to fill the form, what should I put in the column indicated by the arrow in the picture attached. Is that the financial house or stock broking firm I am using?
sagio09:
FGN has opened for investment of SUKUK bond.If u're interested in investing in the FGN SUKUK BOND, contact me.

Re: Treasury Bills In Nigeria by Franky826: 5:10pm On May 22, 2020
9jatriot:
For SUKUK funds.
Please what do they mean by Custodian AC No.?
Secondly, do they withdraw the money direct from the account provided in the form?

This is the link to the form for those interested "[url]/3ddBp4L[/url]" remove the space between the . and ly
Re: Treasury Bills In Nigeria by unite4real: 5:11pm On May 22, 2020
9jatriot:
I am trying to fill the form, what should I put in the column indicated by the arrow in the picture attached. Is that the financial house or stock broking firm I am using?

Leaving it it blank will not affect your allotment.

Just ensure the cscs and clearing house number is there.
Re: Treasury Bills In Nigeria by blithe: 5:24pm On May 22, 2020
emmasoft:


That is true. Still one has to invest. As poor as rates are currently it's still better than keeping your money idle without investing it. It's a matter of time once you build the culture you are bound to find and know more investment widows and learn different winning strategies. Keep on reading and learning from the masters here.
I'm learning and taking notes from masters here.This thread has given insights on the world of investing and I'm ready to enjoy this ride forever smiley smiley

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 5:33pm On May 22, 2020
blithe:

Hello...I went to stanbic today to make enquiries about mutual funds and TB....

The Rep told me both Mutual fund and TB interests are not encouraging for now but she gave some forms to fill.
You don't need cscs account for the investments above, just fill your forms and submit if that's what you want.
Re: Treasury Bills In Nigeria by Brooke60(f): 5:37pm On May 22, 2020
missjekyll:
Can any of you lovely people recommend a good e-commerce web developer? Thanks in advance

I just ran out of the shopify website. As a shopaholic, I never appreciated the work that goes into running the websites I click so carelessly with a nutella coated finger.

Hi, still looking for one?

1 Like

Re: Treasury Bills In Nigeria by triol80t: 6:07pm On May 22, 2020
I great all the Ogas here. Please I would like to have a view on eurobonds at the moment since the corona effect is just novel. I would like to know if one should pull out of eurobonds or invest more in it at the moment.

I have learnt so much more from all the guys here and I would like to say a big thank u to all.

1 Like

Re: Treasury Bills In Nigeria by ukay2: 6:27pm On May 22, 2020
emmanuelewumi:



We always make the mistake of co-mingling our money and that of our business. This usually give a false sense of profitability of the business.

Whatever you put should be a loan which must be paid back at a given time

Even if you are using your property for a business, the business ought to pay rent to you, take care of other running costs, pay you a given stipend as salary, before you can determine the profitability of the business. Most especially if you have been running this business for 2 years and above

This is real accountability.
Re: Treasury Bills In Nigeria by Mysmartnetwork: 6:29pm On May 22, 2020
Anybody with a fixed account with firstbank I tried to open a fixed account today with 500k for 6months in the end the certificate shows the future value will be 500731 Naira , had to terminate it immediately wtf sad , can any one suggest any bank with good interest rate for that amount or any other good investment I can use the money for thx

1 Like

Re: Treasury Bills In Nigeria by IyawoToBe(f): 6:42pm On May 22, 2020
Mysmartnetwork:
Anybody with a fixed account with firstbank I tried to open a fixed account today with 500k for 6months in the end the certificate shows the future value will be 500731 Naira , had to terminate it immediately wtf sad , can any one suggest any bank with good interest rate for that amount or any other good investment I can use the money for thx
grin grin I'd rather use my money to eat Cat fish pepper soup grin

7 Likes

Re: Treasury Bills In Nigeria by talk2tonie: 6:47pm On May 22, 2020
Mysmartnetwork:
Anybody with a fixed account with firstbank I tried to open a fixed account today with 500k for 6months in the end the certificate shows the future value will be 500731 Naira , had to terminate it immediately wtf sad , can any one suggest any bank with good interest rate for that amount or any other good investment I can use the money for thx

Maybe you should try money market fund.
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:49pm On May 22, 2020
Mysmartnetwork:
Anybody with a fixed account with firstbank I tried to open a fixed account today with 500k for 6months in the end the certificate shows the future value will be 500731 Naira , had to terminate it immediately wtf sad , can any one suggest any bank with good interest rate for that amount or any other good investment I can use the money for thx



You are a very good customer. Customer daada ni.

The worst money market fund will still pay you 5%.

FBN Quest Asset Management a member of the same First Bank family will give you something a little more than 5%

This will give N12,500 to your N500,000 after 6 months, better than the less than N800 which you have settled for

7 Likes

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