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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4479821 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 Jesusbabygirl(f): 9:13pm On Jul 28, 2019 |
emmanuelewumi:Are REITs very prevalent in Nigeria? I didn't know that o. 2 Likes |
Re: Treasury Bills In Nigeria by Jesusbabygirl(f): 9:22pm On Jul 28, 2019 |
emmanuelewumi:Not true. It is not eating into your capital, it is collecting back part of the interest you already collected which was paid to you with the assumption that you will keep the fund invested till maturity. 11 Likes 1 Share |
Re: Treasury Bills In Nigeria by Bbbwings: 9:36pm On Jul 28, 2019 |
The more money you have the more clearer it is to you that tb doesn't make sense.. But what choice do one have? 1 Like |
Re: Treasury Bills In Nigeria by chigo4u: 10:37pm On Jul 28, 2019 |
Bbbwings:T.B. makes sense. Instead of leaving money lying in the bank it best to put in T.B. infact to me T.B. makes sense only when you have more money 29 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 10:40pm On Jul 28, 2019 |
What we can only complain about is the rates. People were getting as high as 17% for 182 days tenor in 2017. I wonder what really changed in the economy between 2017 and now for rates to get this low 4 Likes |
Re: Treasury Bills In Nigeria by Northeastern: 10:55pm On Jul 28, 2019 |
Jesusbabygirl: emmanuelewumi: tritritri: You can lose your capital and you can have capital gain it all depends on what the interest rate is vis-a-vis when you made the investments. So both views are correct and I believe are based on the experience each person. In my own case, I got a gain and this was with first bank. My branch is the stock exchange branch but I normally go to the HO to book Tbills. If you invested when rates were high and decide to terminate when rates have declined, you’ll gain even after paying the penalty. The opposite is true if rates trend up from when you invested, you’ll get a capital loss. You’ll be even if rates remain relatively stable. Emma, I know you understand this but maybe didn’t consider it from that standpoint. 7 Likes 1 Share |
Re: Treasury Bills In Nigeria by Northeastern: 10:59pm On Jul 28, 2019 |
chigo4u: High rates are not good for the economy, that is why you get those rates in periods of high risks. It is better to have lower rates for the good of the economy and better standard of living 6 Likes |
Re: Treasury Bills In Nigeria by chigo4u: 11:42pm On Jul 28, 2019 |
Northeastern:Are you saying that the economy is better now than in 2017? 3 Likes |
Re: Treasury Bills In Nigeria by Northeastern: 11:53pm On Jul 28, 2019 |
chigo4u: Aside coming to a forum to learn about investments, you should also invest your time in knowing what you’re investing in. You’re investing in Nigeria so try and understand the variables that affect tbills in Nigeria. 16 Likes |
Re: Treasury Bills In Nigeria by Experience4u(m): 8:14am On Jul 29, 2019 |
9 What do you think will be the value if the person wants to sale the Tbills as at this day? Northeastern: |
Re: Treasury Bills In Nigeria by condomuser: 8:59am On Jul 29, 2019 |
You are right but the downside is that as we witness low rates, the economy doesn't get better within the period of low rates, the cost of living stays same and if there is any changes the cost of living moves higher. This has always been the dynamics in Nigeria. The people suffering these are low wage earners and the average Nigerian, the rich well established Nigerians feel the impact a bit through their balance sheet but it has no damage to their wealth. Northeastern: 5 Likes |
Re: Treasury Bills In Nigeria by Infinitisi(m): 9:54am On Jul 29, 2019 |
emmanuelewumi: Hello Pa Emma. I would so much appreciate it if I can be added to that WhatsApp group. |
Re: Treasury Bills In Nigeria by freeman67: 11:02am On Jul 29, 2019 |
anitank: To get a quick response from First Bank, you will have to mail firstcontact@firstbanknigeria.com or drop your worries on their main twitter handle. They will ask you to DM them the details. I believe from there you can carry on. |
Re: Treasury Bills In Nigeria by DaBogu: 11:10am On Jul 29, 2019 |
Dangote is the biggest economic saboteur the world has ever known. But guess what? He didn’t create himself. Every Nigerian leader since 1999 including Governors enabled him. In serious countries, Antitrust laws would have sent him either to jail or out of business with fines. 6 Likes |
Re: Treasury Bills In Nigeria by dipoolowoo: 11:17am On Jul 29, 2019 |
Analysts Predicts Further Cut in T-Bills Rates This Week https://businesspost.ng/2019/07/29/analysts-predicts-further-cut-in-t-bills-rates-this-week/ |
Re: Treasury Bills In Nigeria by janga(m): 12:02pm On Jul 29, 2019 |
if someone invested in sec market today via FirstBank, how long will it take them to credit ur interested after debitin ur capital. as i knew for primary markt, they debit anytime and credit interest on thursday after a successful bid on wed. |
Re: Treasury Bills In Nigeria by Nobody: 4:57pm On Jul 29, 2019 |
anitank:call firstcontact on +2347080625000 Good luck! 1 Like |
Re: Treasury Bills In Nigeria by Nobody: 5:43pm On Jul 29, 2019 |
If you are in other countries in africa, america or asia you can reach first bank at: diasporabankingaaa@firstbanknigeria.com If you are in euurope you can reach them at: diasporabankingeurope@firstbanknigeria.com You can also reach them at their general diaspora banking email at: diasporabanking@firstbanknigeria.com Another number of first contact: +23414485500 N.B:. It may take them 24/48hrs to reply to your message, better if you can request to know the name and contact detail of your relationship manager and contact her directly for earlier replies. Cheers! anitank: 2 Likes 2 Shares |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:28pm On Jul 29, 2019 |
Infinitisi: Send a mail to either Oracle, Wanajo or Shigidi, they are the admins |
Re: Treasury Bills In Nigeria by kryptem: 1:12pm On Jul 30, 2019 |
FG just doing shakara with recent TB low rates. Too much money and plenty people over subscribing for their instruments. This is what you get when demand surpass supply! 3 Likes |
Re: Treasury Bills In Nigeria by ify2016: 3:52pm On Jul 30, 2019 |
House please, last year I opened a Sterling Recurrent Deposit Account with a Monthly deposit of 20k per annum. At the end of maturity, I was able to get a shocking 243k after a whole one year. Now I want to start another monthly savings that will mature per annum investing 20k. My question is that, what financial advice can you give me on how to get a better return per annum saving 20k monthly? Your advice is very Paramount to me. Am starting either this Friday or next week Tuesday. Thanks a lot |
Re: Treasury Bills In Nigeria by mekaboy(m): 4:05pm On Jul 30, 2019 |
The primary reason why TB rates are low, is that CBN wants to discourage commercial Banks from investing in TB. They want the banks to start lending to customers. Banks prefer to invest in TB than lend to customers . 1 Like |
Re: Treasury Bills In Nigeria by reservd(m): 4:12pm On Jul 30, 2019 |
ify2016:You mean you gained just 3k after a whole year? Well maybe you should go for MMF since you will be making deposits monthly 8 Likes |
Re: Treasury Bills In Nigeria by billtommy(m): 5:03pm On Jul 30, 2019 |
. This is worse than armed robbery.. ify2016: 7 Likes |
Re: Treasury Bills In Nigeria by vinzez: 5:14pm On Jul 30, 2019 |
reservd: I was even thinking he made an extra 243k o. I wan even go join sef. 4 Likes |
Re: Treasury Bills In Nigeria by ify2016: 5:32pm On Jul 30, 2019 |
reservd:How can I open MMF account and like what interest can I get in return per annum? Thanks so much. |
Re: Treasury Bills In Nigeria by ify2016: 5:37pm On Jul 30, 2019 |
billtommy:I was shocked too because last two years I saved 10k monthly per annum but made about 140k after termination? Now I don't know what went wrong. I didn't missed even a month at all. Imagine. |
Re: Treasury Bills In Nigeria by Apitch(m): 5:59pm On Jul 30, 2019 |
ify2016: https://www.nairaland.com/1912965/mutual-funds Investing 20k every month will give you about 200 naira the first month and increases another 200naira with the same top up of 20k every month. After one year you will have your 240k + 15,600 profit |
Re: Treasury Bills In Nigeria by ify2016: 6:42pm On Jul 30, 2019 |
Apitch:Wow!!! Better. Thanks |
Re: Treasury Bills In Nigeria by ify2016: 6:44pm On Jul 30, 2019 |
Apitch:So, MMF and Mutual Fund, which is better? |
Re: Treasury Bills In Nigeria by Nobody: 6:52pm On Jul 30, 2019 |
ify2016:invest in money market fund. |
Re: Treasury Bills In Nigeria by reservd(m): 7:06pm On Jul 30, 2019 |
ify2016:Minimum of 12% per annum, compounded quarterly. Check mutual fund thread |
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