Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,188,928 members, 7,935,938 topics. Date: Friday, 30 August 2024 at 07:26 PM

Treasury Bills In Nigeria - Investment (1788) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4615495 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)

(1) (2) (3) ... (1785) (1786) (1787) (1788) (1789) (1790) (1791) ... (2260) (Reply) (Go Down)

Re: Treasury Bills In Nigeria by hustla(m): 11:55am On Mar 05, 2021
dake40:


If you trust piggyvest with your 2m. You could get as high as 13% pa paid upfront




I think it has been reduced to 9 or 10%
Re: Treasury Bills In Nigeria by dake40(m): 11:57am On Mar 05, 2021
hustla:



I think it has been reduced to 9 or 10%

Click on 1-2 years savings.

You'd get 12.5% for 366 days agaisnt 10 for 365.

Ridiculous but truth
Re: Treasury Bills In Nigeria by Ephemmm: 12:09pm On Mar 05, 2021
dake40:


Click on 1-2 years savings.

You'd get 12.5% for 366 days agaisnt 10 for 365.

Ridiculous but truth

My concern is that if I-invest, another company operating in the same industry, could only offer around 4% pa, and interest on loan from bank currently is around 3%, which kind of business are Piggyvest owners operating that is giving them such high paying returns?

As for me, I am just being meticulous as there must a balance between the need for capital growth and capital protection.

1 Like

Re: Treasury Bills In Nigeria by dake40(m): 1:15pm On Mar 05, 2021
Ephemmm:


My concern is that if I-invest, another company operating in the same industry, could only offer around 4% pa, and interest on loan from bank currently is around 3%, which kind of business are Piggyvest owners operating that is giving them such high paying returns?

As for me, I am just being meticulous as there must a balance between the need for capital growth and capital protection.

Watch this

https://twitter.com/PiggyBankNG/status/1367808412298412033?s=19
Re: Treasury Bills In Nigeria by davit: 1:25pm On Mar 05, 2021
Interest is left in your flex account, which can be withdrawn or left to yieldits own interest too.
akinola98:


Will PiggyVest pay u back the upfront immediately you credit them the capital or the upfront will be left in your account as u clicked on investment
Re: Treasury Bills In Nigeria by condomuser: 4:35pm On Mar 05, 2021
Exactly grin
NL1960:


Sure odds for Liverpool to win EPL abi?. cheesy grin
Re: Treasury Bills In Nigeria by Nobody: 7:09pm On Mar 05, 2021
davit:
Which agent? Try to check people's profiles before you start commenting. Same thing people said about I i-invest app them. I ve done I invest more than thrice now with no regret. I even did their fixed deposit once.

So other people vouching for them are agents too? Na wa o
The people who championed MMM and MBA forex didn't have profile.Some whr pastors self.Any thing not being regulated by government agencies and interest above what is obtained in the banks and government tenders.They have to show prove of what they are doing unless they are into hard drugs or money printing.Thr will always be cry at the end

7 Likes

Re: Treasury Bills In Nigeria by hustla(m): 7:32pm On Mar 05, 2021
dake40:


Click on 1-2 years savings.

You'd get 12.5% for 366 days agaisnt 10 for 365.

Ridiculous but truth

Oh yeah. Its mad long though
Re: Treasury Bills In Nigeria by richforever123: 7:41pm On Mar 05, 2021
Ephemmm:


How are they genuine in your opinion please?

The interest rates are too enticing in this harsh economy.

These are previously bought 30yrs bonds which were around 18% being retailed
Re: Treasury Bills In Nigeria by richforever123: 7:52pm On Mar 05, 2021
Ephemmm:


My concern is that if I-invest, another company operating in the same industry, could only offer around 4% pa, and interest on loan from bank currently is around 3%, which kind of business are Piggyvest owners operating that is giving them such high paying returns?

As for me, I am just being meticulous as there must a balance between the need for capital growth and capital protection.

Is only I-invest you know, what about Cowryrise, Kuda, Rise etc, this fintech don't have many marketers and branches so operating cost is low, that's why their interest rates are higher, their Flex is 8% per annum while the fixed in 12% per annum, inflation is 14%, most of them purchased long term bond which they are retailing, The company is managed by 2 first class graduates of Covenant University and they have built 2 successful business before piggyvest, however, you can fix your funds were you deem fit

4 Likes 1 Share

Re: Treasury Bills In Nigeria by Aquilapriscilla: 8:03pm On Mar 05, 2021
I don't know why people doubt piggyvest, I have preached this gospel here before, they are managed by AIICO Capital.
One thing I like about them is their rapid payout.
Your funds drop withing one minute of withdrawal into your bank account.

4 Likes

Re: Treasury Bills In Nigeria by afroxyz: 8:33pm On Mar 05, 2021
Aquilapriscilla:
I don't know why people doubt piggyvest, I have preached this gospel here before, they are managed by AIICO Capital.
One thing I like about them is their rapid payout.
Your funds drop withing one minute of withdrawal into your bank account.
Are they SEC approved? Do they publish financial results (quarterly reports)?

6 Likes

Re: Treasury Bills In Nigeria by richforever123: 9:37pm On Mar 05, 2021
afroxyz:

Are they SEC approved? Do they publish financial results (quarterly reports)?

All their funds are managed by AIICO Capital which is SEC approved, you email AIICO about piggyvest and you will read their response

This due diligence you guys are doing, we have done it extensively, I suggest you join some financial intelligence groups like Money Africa or Rise Investment group

4 Likes 1 Share

Re: Treasury Bills In Nigeria by Aquilapriscilla: 9:48pm On Mar 05, 2021
afroxyz:

Are they SEC approved? Do they publish financial results (quarterly reports)?
Sir, you are right!! smiley
Re: Treasury Bills In Nigeria by Nobody: 9:51pm On Mar 05, 2021
richforever123:


Is only I-invest you know, what about Cowryrise, Kuda, Rise etc, this fintech don't have many marketers and branches so operating cost is low, that's why their interest rates are higher, their Flex is 8% per annum while the fixed in 12% per annum, inflation is 14%, most of them purchased long term bond which they are retailing, The company is managed by 2 first class graduates of Covenant University and they have built 2 successful business before piggyvest, however, you can fix your funds were you deem fit
They are doing well.And government TB is just 5.5 percent per annum

1 Like

Re: Treasury Bills In Nigeria by Nobody: 9:52pm On Mar 05, 2021
richforever123:


All their funds are managed by AIICO Capital which is SEC approved, you email AIICO about piggyvest and you will read their response

This due diligence you guys are doing, we have done it extensively, I suggest you join some financial intelligence groups like Money Africa or Rise Investment group
Is this sub of allco insurance listed on nse
Re: Treasury Bills In Nigeria by Nobody: 9:53pm On Mar 05, 2021
richforever123:


All their funds are managed by AIICO Capital which is SEC approved, you email AIICO about piggyvest and you will read their response

This due diligence you guys are doing, we have done it extensively, I suggest you join some financial intelligence groups like Money Africa or Rise Investment group
Is this a sub of allco insurance listed on nse
Re: Treasury Bills In Nigeria by Ephemmm: 9:54pm On Mar 05, 2021
richforever123:


These are previously bought 30yrs bonds which were around 18% being retailed

I disagree with you on this bro.

The yields were better in the yesteryears, and no rational investor would buy bonds around 20% and be retailing them at 12%.

Your point could have been characterized with overall faithfulness assuming the current interest rates are better than what was obtainable in the previous year(s).
Re: Treasury Bills In Nigeria by Ephemmm: 10:04pm On Mar 05, 2021
richforever123:


Is only I-invest you know, what about Cowryrise, Kuda, Rise etc, this fintech don't have many marketers and branches so operating cost is low, that's why their interest rates are higher, their Flex is 8% per annum while the fixed in 12% per annum, inflation is 14%, most of them purchased long term bond which they are retailing, The company is managed by 2 first class graduates of Covenant University and they have built 2 successful business before piggyvest, however, you can fix your funds were you deem fit

I referenced I-invest because that was where the N2M investment was coming from. I have been trading on the platform for over 3 years without any ugly experience, but their interest is low at present and that is why I was seeking for better alternative. However, their low interest/yield is understandable in consideration of the current economic mess.

As for Piggyvest, my due diligence has not given me the expected result, as I found no evidence of being registered with SEC and NSE unless they registered under different name.

You can provide better explanation on why Piggyvest yield is greater bro, as no investor would like to trade at loss.
Re: Treasury Bills In Nigeria by emmasoft(m): 11:10pm On Mar 05, 2021
Ephemmm:


I referenced I-invest because that was where the N2M investment was coming from. I have been trading on the platform for over 3 years without any ugly experience, but their interest is low at present and that is why I was seeking for better alternative. However, their low interest/yield is understandable in consideration of the current economic mess.

As for Piggyvest, my due diligence has not given me the expected result, as I found no evidence of being registered with SEC and NSE unless they registered under different name.

You can provide better explanation on why Piggyvest yield is greater bro, as no investor would like to trade at loss.


@Ephemmm if you don't mind you can also consider VGIF currently at Gurranteed rate of 4.5% with a promise of extra yield base on fund performance.
it's manged by investment one.

Also investment one has ziing which offers 10% In one of d products - Zplan.

To open account click the link on my signature
For more details you can chat me up I will send my voice note explain how it works to you.
Re: Treasury Bills In Nigeria by Leezah(f): 11:19pm On Mar 05, 2021
emmanuelewumi:
How are these banks making money.

Zenith Bank made a profit after tax of N230 billion in 2020 compared to N208 billion made in 2019. Their equity is now over N1 Trillion.


Oga Jim Ovia will get a fat dividend of about N12 billion

Life no just balance
What's the best price to get their shares or entry price?
Re: Treasury Bills In Nigeria by richforever123: 11:22pm On Mar 05, 2021
Ephemmm:


I referenced I-invest because that was where the N2M investment was coming from. I have been trading on the platform for over 3 years without any ugly experience, but their interest is low at present and that is why I was seeking for better alternative. However, their low interest/yield is understandable in consideration of the current economic mess.

As for Piggyvest, my due diligence has not given me the expected result, as I found no evidence of being registered with SEC and NSE unless they registered under different name.

You can provide better explanation on why Piggyvest yield is greater bro, as no investor would like to trade at loss.


Is I-invest registered with SEC, are they not backed by Sterling Bank. ALL Fintech are in partnership with an Asset Management company including your I-invest, A simple email to AIICO Capital with clear your doubts, However, if you don't want to invest you can look somewhere else. Thank you

5 Likes 1 Share

Re: Treasury Bills In Nigeria by Leezah(f): 11:23pm On Mar 05, 2021
ahiboilandgas:
akwaibom
Where LGA and location his building the refinery?
Re: Treasury Bills In Nigeria by Leezah(f): 11:27pm On Mar 05, 2021
It’s March�Exactly 1year when Pandemic hit us �Exactly a year when we felt so scared and bothered� 70% of people lost their jobs and some lost their life’s unexpectedly�

But today is also a reminder that our GOD is faithful�The fact that we are still alive is a reason to be Thankful��
#HappylockdownSurvival������

5 Likes

Re: Treasury Bills In Nigeria by richforever123: 11:32pm On Mar 05, 2021
.
Re: Treasury Bills In Nigeria by QuinModah(f): 12:02am On Mar 06, 2021
emmanuelewumi:



Landlords now have a clause in their agreements with tenants.

For 3 bedroom apartment, maximum of 8 occupants.

For 2 bedroom apartment, maximum of 5 occupants.

For 1 bedroom apartment, maximum of 3 occupants.

This is to allow effective management of the wear and tear of the property


A man has about 20 units of 1 bedroom apartment at Jibowu and Yaba axis. He doesn't give his house to married couples, married tenants are expected to move out. The maximum occupants in his apartments are 2
thsys if the landlord is staying in the same compound
Re: Treasury Bills In Nigeria by QuinModah(f): 12:06am On Mar 06, 2021
emmanuelewumi:



All these questions you are asking sef?

How did you get the fund in question?

Your answer will determine the type of reply to give you.
Did you work with any law enforcement agency?
Re: Treasury Bills In Nigeria by afroxyz: 12:10am On Mar 06, 2021
richforever123:


All their funds are managed by AIICO Capital which is SEC approved, you email AIICO about piggyvest and you will read their response

This due diligence you guys are doing, we have done it extensively, I suggest you join some financial intelligence groups like Money Africa or Rise Investment group

In other words, the people I give my money, would need to give another people (who are SEC approved) the money to secure
Re: Treasury Bills In Nigeria by QuinModah(f): 12:10am On Mar 06, 2021
Lazyyouth4u:


You don’t need to be ‘rich’ or ‘wealthy’ to have a comfortable retirement.

A man and his wife (in good health) wey get decent house for village (assuming they have grown up children that are not depending on them for money) don’t need more than 100k to 200k monthly to live a decent life. With like N20m to N50m in correct bonds at retirement, they are good to go smiley

A very frugal retiree can even ‘survive’ on 50k per month in a ‘village’ where life is very simple. This person will need much less than N20m. This is really pushing it sha but wetin common man go do na sad
Do you live in Nigeria?
Re: Treasury Bills In Nigeria by QuinModah(f): 12:16am On Mar 06, 2021
emmanuelewumi:


I will choose programmed withdrawal. The assets in the Retirement Savings Account will appreciate over the next 20 years, that will automatically increase my monthly payout to adjust with the performance of the fund
Why programmed withdrawal?
Re: Treasury Bills In Nigeria by QuinModah(f): 12:23am On Mar 06, 2021
emmanuelewumi:
I will rather go with the first option
why?
Re: Treasury Bills In Nigeria by tolajay: 12:28am On Mar 06, 2021
Does anyone have a firm idea of when the Dangote Refinery will be operational and its impact on FX?

(1) (2) (3) ... (1785) (1786) (1787) (1788) (1789) (1790) (1791) ... (2260) (Reply)

Nigerian Stock Exchange Market Pick Alerts

Viewing this topic: 1 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 53
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.