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Treasury Bills In Nigeria - Investment (1254) - 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 ukay2: 5:36pm On May 25, 2020
chigo4u:

No need to stretch this topic but this is just one sided talk. What is the minimum wage in Nigeria vs elsewhere?

Please Sir, just keep making money wherever you are.

No need for endless arguments

Thanks

4 Likes

Re: Treasury Bills In Nigeria by Donbrig: 5:37pm On May 25, 2020
TotoNaRubber:
Did anybody succeed in investing in the Sukuk bond today?
Could you share your experience, did it go through?

Also, I am looking for a business minded young lady in her early 20s or mid 30s as a partner. She doesn't have to be a virgin, pls any recommendations is welcome.
Thankyou.

I think those who invested in Sukuk will know if they are successful or not by next week Wednesday/Thursday. Those with recent happenings with sukuk should pls update us.
Re: Treasury Bills In Nigeria by Grupo(m): 5:38pm On May 25, 2020
emmanuelewumi:



You will get at Pekas or Ocean blue Ikeja Lagos

Senior boss, so you also crack jokes too! grin

5 Likes

Re: Treasury Bills In Nigeria by Focusingmore: 5:38pm On May 25, 2020
chigo4u:

No need to stretch this topic but this is just one sided talk. What is the minimum wage in Nigeria vs elsewhere?

Same argument.

We can't compare Nigeria's minimum wage to developed countries.

Like aihbolagas has been telling you. The western system was designed and rigged to favour them .

I send 50k eur home they devalue it into 35k EUR.

So the minimum wage is a reflection of a rigged global system.

If one eur turns to one naira will people be zealous to travel out?

5 Likes

Re: Treasury Bills In Nigeria by Nobody: 5:39pm On May 25, 2020
Grupo:


So, you even know her full name?
Abi nah grin

1 Like

Re: Treasury Bills In Nigeria by Godbpraised: 5:41pm On May 25, 2020
Guy u like trouble oh ?
Focusingmore:


Same argument.

We can't compare Nigeria's minimum wage to developed countries.

Like aihbolagas has been telling you. The western system was designed and rigged to favour them .

I send 50k eur home they devalue it into 35k EUR.

So the minimum wage is a reflection of rigged global system.

If one eur turns to one naira will people be zealous to travel out?







3 Likes

Re: Treasury Bills In Nigeria by chigo4u: 5:42pm On May 25, 2020
emmanuelewumi:



You will get at Pekas or Ocean blue Ikeja Lagos
Lol
Re: Treasury Bills In Nigeria by michealekene(m): 5:43pm On May 25, 2020
ukay2:


731 naira after 6months for 500k

Shey FGN Suku bonds de na

11.2% of 500k will give you 28k every six months for 7 years and your 500k will come back after 7 years...

Pls I need to liquidate TB 1.8m (1.6m principal + 200k interest reinvested) to complete a full year cycle in the next 21 days.TB Investment was for 365 days that will mature June 16th.

What amount will I expect??, I want to key into the sukuk bonds at this 11.2%

1 Like

Re: Treasury Bills In Nigeria by chigo4u: 5:45pm On May 25, 2020
ukay2:


Please Sir, just keep making money wherever you are.

No need for endless arguments

Thanks
I didn’t know the thread went left. Lol.. I’ve heard
Re: Treasury Bills In Nigeria by ukay2: 5:58pm On May 25, 2020
michealekene:


Pls I need to liquidate TB 1.8m (1.6m principal + 200k interest reinvested) to complete a full year cycle in the next 21 days.TB Investment was for 365 days that will mature June 16th.

What amount will I expect??, I want to key into the sukuk bonds at this 11.2%

I think it's the interest of 200k you will share with FGN, but your capital of 1.6M remains intact.

The sukuk bond interest is ok compared to the current NTB rate.

1 Like 1 Share

Re: Treasury Bills In Nigeria by Nobody: 5:59pm On May 25, 2020
michealekene:


Pls I need to liquidate TB 1.8m (1.6m principal + 200k interest reinvested) to complete a full year cycle in the next 21 days.TB Investment was for 365 days that will mature June 16th.

What amount will I expect??, I want to key into the sukuk bonds at this 11.2%
The process will make your capital idle in your account by the time they finish with paper work, sukuk bonds must have been closed. Closing date is June 2nd. You may check with your account manager to see if you can meet up with the date before you liquidate your ntb.

3 Likes

Re: Treasury Bills In Nigeria by ukay2: 6:02pm On May 25, 2020
just2endowed:


Can you help with there mail

Sorry for late reply


pensionsolution@stanbicibtc.com
Re: Treasury Bills In Nigeria by michealekene(m): 6:04pm On May 25, 2020
ukay2:


If you have stockbroker account, put in the CSCS details

If your using bank like Stanbic Ibtc, you may not need to worry yourself with the cscs details since the bank will have custody of your funds with CBN. All your interest payments and capital repayment will still be paid as at when due. Just fill the other aspects of the form.

I bought FGN Bonds with stanbic ibtc some years ago without cscs details and I got all my coupons and capital repayment at maturity.

Though I have all the CSCS details now with my stockbroker.

Note: am not investing in this FGN Suku bond

Wow ..so I can do this sukuk or bonds without CSCS number?.. I use stanbic ibtc as well. Cool

1 Like

Re: Treasury Bills In Nigeria by ukay2: 6:07pm On May 25, 2020
Sholapey:
The process will make your capital idle in your account by the time they finish with paper work Sukuk bonds must have been closed. Closing date is June 2nd. Check with your account manager if you can meet up with the date before you liquidate your ntb.

When is the deadline for application for the FGN sukuk?
Re: Treasury Bills In Nigeria by ukay2: 6:08pm On May 25, 2020
michealekene:


Wow ..so I can do this sukuk or bonds without CSCS number?.. I use stanbic ibtc as well. Cool

Yes Sir

Just communicate with them.

Cheers!
Re: Treasury Bills In Nigeria by Nobody: 6:08pm On May 25, 2020
ukay2:


When is the deadline for application for the FGN sukuk?
June 2nd.
Re: Treasury Bills In Nigeria by ukay2: 6:11pm On May 25, 2020
Sholapey:
June 2nd.

Ok.

He can liquidate his fund on Wednesday and apply for the sukuk bond same day or Thursday.

I think he can meet up with the deadline
Re: Treasury Bills In Nigeria by Nobody: 6:15pm On May 25, 2020
ukay2:


Ok.

He can liquidate his fund on Wednesday and apply for the sukuk bond same day or Thursday.

I think he can meet up with the deadline
Oh great, he's good to go ahead then.
Re: Treasury Bills In Nigeria by Wiseoldman: 6:21pm On May 25, 2020
EkperemoEgbabi:



What ifs d person died before 76 years. Who go come collect d money?

In the words of a Nigerian artist "Anybody can die at any gaddam time". That shouldn't stop us from doing the needful

There is also an analogy: Tomorrow, I could win a million dollars or tomorrow I could get hit by a truck. There is also the possibility I could win a million dollars and still get hit buy a truck.

3 Likes

Re: Treasury Bills In Nigeria by Enyinne(f): 6:22pm On May 25, 2020
It was a sweet and bitter experience, even though i was able to breakeven after selling off all my cars and recoup my invested money ,its a terrian made for men as u will need to battle some drivers that are unwilling to pay up as at when due as most hv already sworn to tell stories immediately they take custody of the car.The cost of repairs and loss to accident is high which made the business quite risky . I managed the business for 1year. The grass is never greener on the other side grin Thats my lesson
emmanuelewumi:



Tell me something, how was the Uber business?

17 Likes

Re: Treasury Bills In Nigeria by just2endowed: 6:23pm On May 25, 2020
ukay2:


Sorry for late reply


pensionsolution@stanbicibtc.com


This looks like a pension email address. Do stanbic pension handle sukuk bond sales
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:29pm On May 25, 2020
Enyinne:
It was a sweet and bitter experience, even though i was able to breakeven after selling off all my cars and recoup my invested money ,its a terrian made for men as u will need to battle some drivers that are unwilling to pay up as at when due as most hv already sworn to tell stories immediately they take custody of the car.The cost of repairs and loss to accident is high which made the business quite risky . I managed the business for 1year. The grass is never greener on the other side grin Thats my lesson


What is the percentage profit after running the business for a period of time.

2 Likes

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:31pm On May 25, 2020
handsomebolanle:
*Not everything that calls for your attention deserves a reaction...*

Pa Emma I'd like to discuss something with you personally though..a business I have been working on for briefly over a year...Its a long term though...To seek [/b]most importantly[b] for your advice and if interested financially support as an investor....cheesy grin cheesy



Good day, I am sorry I don't attend to PMs.

Mention me on a dead thread. Thank you

6 Likes

Re: Treasury Bills In Nigeria by ukay2: 6:32pm On May 25, 2020
just2endowed:



This looks like a pension email address. Do stanbic pension handle sukuk bond sales


Sorry, thought it was the pension stuff you wanted


customercarenigeria@stanbicibtc.com.....let's know if there is any delay.
Re: Treasury Bills In Nigeria by bjtinz: 6:45pm On May 25, 2020
I knew something was up. This thread doesn't usually move as fast.

And I was right.


Abeg no more fighting

2 Likes

Re: Treasury Bills In Nigeria by bjtinz: 6:46pm On May 25, 2020
emmanuelewumi:



You will get at Pekas or Ocean blue Ikeja Lagos

Hian! Egbon! shocked shocked

I will tell Mommy

2 Likes

Re: Treasury Bills In Nigeria by bjtinz: 6:49pm On May 25, 2020
dipoolowoo:
N268.7bn Treasury Bills for Sale Wednesday, Rates to Move up
https://businesspost.ng/economy/n268-7bn-treasury-bills-for-sale-wednesday-rates-to-move-up/

Rates to move up to what?
Re: Treasury Bills In Nigeria by bjtinz: 6:50pm On May 25, 2020
It's like we've forgotten this is a TB thread. sad

1 Like

Re: Treasury Bills In Nigeria by Enyinne(f): 7:04pm On May 25, 2020
70% ie that is if u are venturing into it with tokunbo cars and 30% if Nigerian used car .i started with Nigerian used but later switched to tokunbo after the naija used car hv shown me shege grin
emmanuelewumi:



What is the percentage profit after running the business for a period of time.
Re: Treasury Bills In Nigeria by Godbpraised: 7:09pm On May 25, 2020
Bro, i get one T-bills wey dey expire for October, i fit liquidate , werin be the disadvantage if i liquidate now ?

ukay2:


Ok.

He can liquidate his fund on Wednesday and apply for the sukuk bond same day or Thursday.

I think he can meet up with the deadline

1 Like 1 Share

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:12pm On May 25, 2020
Enyinne:
70% ie that is if u are venturing into it with tokunbo cars and 30% if Nigerian used car .i started with Nigerian used but later switched to tokunbo after the naija used car hv shown me shege grin


Did you get that return in one year?

If yes why didn't you continue?

1 Like

Re: Treasury Bills In Nigeria by damilola1978: 7:25pm On May 25, 2020

1 Like

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