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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4598213 Views)
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 DexterousOne(m): 2:48am On Jun 15, 2020 |
Nwokeomajayb: Well said |
Re: Treasury Bills In Nigeria by DexterousOne(m): 2:49am On Jun 15, 2020 |
emmasoft: That's interesting |
Re: Treasury Bills In Nigeria by hotdealz(m): 8:20am On Jun 15, 2020 |
emmasoft:This means when we go into this investment, we will only know the percentage interest after 6months base on what we are paid? Or do they disclose it in any other way? |
Re: Treasury Bills In Nigeria by Gander: 8:30am On Jun 15, 2020 |
XiaoLi:Sharrap there |
Re: Treasury Bills In Nigeria by emmasoft(m): 8:55am On Jun 15, 2020 |
hotdealz: Interest is earned and posted daily but it's paid twice a year and u can view it online anytime. |
Re: Treasury Bills In Nigeria by juniorrate: 9:33am On Jun 15, 2020 |
emmasoft: if one goes for the 182days will the interest be paid twice in 6month? |
Re: Treasury Bills In Nigeria by emmasoft(m): 9:43am On Jun 15, 2020 |
juniorrate: VGIF is not like Tbills. There is no tenor. Investors keep it as long as they want. All interest is per annum. The six months is not tenor it's just a holding period. You are free to hold VGIF for any period base on your investment objectives. At anytime you start your investment, your interest is prorated for the period your capital is invested. Example if one invest in VGIF this morning, you will get interest for 15th to 30th of June on your capital paid to you on1st of July cos payment is made 1st July and 1st January of each year. |
Re: Treasury Bills In Nigeria by maishai: 10:15am On Jun 15, 2020 |
shogbenga: Oga mi Never trust Nigerians o................I have never seen tenants that joke with brute force Landlords, Tenants would rather go hungry and starve their families than deal with a brute land-lord................if you cant go brute......... get a brutal Lawyer 3 Likes |
Re: Treasury Bills In Nigeria by NL1960: 10:25am On Jun 15, 2020 |
emmasoft: At what time can i withdraw the funds if for instance iam no longer interested in the investment?. |
Re: Treasury Bills In Nigeria by DigitalMallam: 10:29am On Jun 15, 2020 |
. 1 Like |
Re: Treasury Bills In Nigeria by emmasoft(m): 10:36am On Jun 15, 2020 |
NL1960: You can do that anytime. It's like withdrawing cash from your bank account. No penalty except the withdrawal is being made earlier that six months of investing and in that case you lose 10% of your accrued interest with principal intact. |
Re: Treasury Bills In Nigeria by freeman67: 12:26pm On Jun 15, 2020 |
Barrytone: I do not deal with AFRINVEST so I won't be able to answer your first question. To your other questions, yes banks still sell secondary market TB. I asked in a branch of FBN on the 29/05/20 and was told they have a bout 3 tenure but the rates were very poor. The highest tenure of about 357 they had that was pegged at about the rate of 2 point something. |
Re: Treasury Bills In Nigeria by Leezah(f): 12:28pm On Jun 15, 2020 |
![]() ahiboilandgas: |
Re: Treasury Bills In Nigeria by Nobody: 1:10pm On Jun 15, 2020 |
freeman67: Thanks, still have +4 for 150 days on AFRINVEST, I was sent a new login details today though not told what went wrong. |
Re: Treasury Bills In Nigeria by IamR: 1:42pm On Jun 15, 2020 |
Update: Offshore USD transfer done. |
Re: Treasury Bills In Nigeria by Leezah(f): 2:03pm On Jun 15, 2020 |
You have your ears to the ground. ahiboilandgas: |
Re: Treasury Bills In Nigeria by Leezah(f): 2:06pm On Jun 15, 2020 |
Just wait for him to resume duty in church. 21st aint far, give him time shogbenga: |
Re: Treasury Bills In Nigeria by Leezah(f): 2:06pm On Jun 15, 2020 |
Jerry Gana comes to mind. That man can never and will never be poor in 8-15 generation of his ahiboilandgas: 1 Like |
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:28pm On Jun 15, 2020 |
Leezah:that why are dont mention them as successful investors and as a guide or mentors for up coming investor.....if i hit 2 billion naira from wrong Nigeria system and buy 500 m zenith shares 500 million gtb share ...and 500 mtn shares and 500 fixed income (at 11) ....tell me how will i become broke ......i cannot be use as a guiding principle to mentor people.....but if i invent Nairaland and sell it for 2 bn then invest it the above.....this can be used as mentorship 25 Likes |
Re: Treasury Bills In Nigeria by NL1960: 2:44pm On Jun 15, 2020 |
ahiboilandgas: Whenever these people are asked how they made it, they will never tell you a straight forward answer. They will always start from where they became successful and say that they have been into business. 1 Like |
Re: Treasury Bills In Nigeria by AnthonyAnderson: 3:01pm On Jun 15, 2020 |
ahiboilandgas: On point |
Re: Treasury Bills In Nigeria by emmasoft(m): 3:22pm On Jun 15, 2020 |
As earlier Posted on VGIF, concerning the guaranteed rate of 8.5% which is bench-marked with sdf. Kindly check the attached for a review taking effect from 1st of July. 1 Share
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Re: Treasury Bills In Nigeria by ahiboilandgas: 3:23pm On Jun 15, 2020 |
NL1960:example most very rich bdc owners are friends to huspuppy ,woodberry and co....Nigerians business email comprise syndicate stole around 5 bn dollar ( according to fbi) from 2011to date ......suddenly several bdc owners and their labasene friends became very rich ....i mean very rich....by just providing transfer service .......if u know u know .....this group cannot be used as bench mark as rugged investor....if my bdc transfer 33 bn naira like mompha earnng just 5 percent and ploughing same into fixed income , mtn share zenith share ......people will be calling ahib bdc as a very succefully investor...... 9 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:32pm On Jun 15, 2020 |
ahiboilandgas: Wow This is interesting to know So what really is your stance on this matter sir.... That a regular young man in his say 30s will have an uphill task in climbing this investment hurdle and growing his portfolio? Or how? Pls I really want to hear from u 2 Likes |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:34pm On Jun 15, 2020 |
Gander: This is not the place for all these 10 Likes 1 Share |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:43pm On Jun 15, 2020 |
DexterousOne:my stand is persons closed to the Nigerian state resources cannot or criminal network cannot be use as guide to mentor young aspiring investors.......Nb the post is from a previous discusion on a very succefull commerical lawyer ....who own lot of mtn share .(whom many didnt know was an inlaw to a fomer Nigeria military president) 3 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 3:46pm On Jun 15, 2020 |
DexterousOne:why not the young lad can grow gradually even if u havr 50m now it might take another 30 years of carefull investments to hit a billion ...but the truth be told .. |
Re: Treasury Bills In Nigeria by DexterousOne(m): 3:54pm On Jun 15, 2020 |
ahiboilandgas: Okay I get you. But still Young people dan learn from their prudence and wisdom to invest My outlook to life is that there is a lesson in everything Some who were close to corridors of power then are now at the brink of bankruptcy Just saying... Even tho your point is very valid 2 Likes |
Re: Treasury Bills In Nigeria by Phyde: 3:55pm On Jun 15, 2020 |
Just got this from stanbicbroker 4 Likes
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Re: Treasury Bills In Nigeria by Viqtour(m): 3:58pm On Jun 15, 2020 |
Oga Ahib, if luck shines on you and your connections give you oil wells through close ties with the government and boom you are a billionaire in dollars, I would still listen to you as an investment specialist. My opinion is that we can still take a cue from them regardless. No matter how they got there funds they had the option to lavish it. Footballers lavish more. The thought of investing is even worthy of emulating. 2 Likes |
Re: Treasury Bills In Nigeria by Mills55: 4:03pm On Jun 15, 2020 |
Phyde: I got the mail from stanbicbroker as well. that will be great as this is my first time in bond. though I have been doing NTB and STOCKS anyway. 1 Like 1 Share |
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