₦airaland Forum

needful:
And I have been busy investing in axa. See good rate for stanbic. Nawaooo

Muzikluva:
Hello all... PleaseI am new to this. What is the least amount I can start mmf with and which of the financial institutions is the best to invest in?

mayorteeny:
For anyone converting foreign currency to naira to invest in Treasury bills, how are you mitigating the risk of possible devaluation of the naira by the time your treasury bill investment matures?

Is there away to invest in Nigerian treasury bills in another currency (USD, GBP, EUR) other than naira?

ClitRaider:
Please tell me more?

ClitRaider:
Hi, kindly help a brother.
I have a loose 1m, can I do 30 days tenor?
Somebody pls write back.
thanks.

Akin3891:
So the Mr. Over Sabi no nothing afterall. Empty barrels make the most noise . People that believe they know it all and hate corrections are always full of craps

Barrytone:
If I have unsolicited funds in my account am expected to report to the bank. If my instructions were not clear then they would have revert to sender account. What happens when you have my money and I come and ask yet you boldly send me to a wild goose chase in another territory making me accuse FBN of defrauding me when actually you have my funds. What would have happened if it were 10k that I can comfortably forgo. How long did they expect the money to hang with them before returning it. Inshort, why did they apologized and why didn't they allow the cbn altimatum to pass. Civic responsibility is expected of cooperate organisation most. Like I said, might be a one off situation in a growing enterprise but I work too hard for. My money. I don't gamble.

LaIabobo:
Guys, I have monthly investment in Axa mansard MMF, I'll like to know if the rate is Simple interest or compound.


Cowrywise and Piggyvest run compound interest, so I want to know if MMF also pays better in the long term.

Kindly advise.

ahiboilandgas:
The foriegn player remit their money at 305 back to their country while an individual player will buy at 360 .....that why they take more risk

OgogoroFreak:
you would be asked to submit documents. They don't ask for documents before you invest but they need your documents before you can withdraw.

davit:
Thanks. Have you ever tried withdrawing your money without any issue? Also, do they charge for other things like it is done with
buying TB in a bank.

davit:
Hello everyone. Is anyone here using I-invest app? Wanna try it. Buh need someone who has successfully used it to share the experience please. Thanks.

OgogoroFreak:
We have corrupt leaders. The reserve is above 40 so they shouldn't have problems paying the ₦30,000 minimum wage but the reverse seems to be the case as they are talking about increasing VAT to be able to pay minimum wage.

I'm certain that the government would make sure that ₦30,000 is actually worth the ₦18,000 they were paying. And, I won't be surprised if they do pay themselves in dollars.

awesomeJ:
Having a comfortable "financial worth" is what implies he won't be desperate for unhealthy profits.

Nnamz:
When you should say we are in a storm is when there are higher rates. Folks here gotta understand something: lower rates means we are doing well economically. I love my country and that is why I wish rates would even go down to 2%. Praying for a better Nigeria; rates please go down more!!!!!!

afroxyz:
are you serious? So the economy should be bad because yi6u want to make money? where would the profit be spent? is it not that same poor economy that you want. Oga, go and diversify and dont allow your parochial interests hurt the common good.

Nnamz:
When you should say we are in a storm is when there are higher rates. Folks here gotta understand something: lower rates means we are doing well economically. I love my country and that is why I wish rates would even go down to 2%. Praying for a better Nigeria; rates please go down more!!!!!!

coolangel54:
clientservices @axamansard. com

PetroDollaxx:
A Nigerian wants to buy treasury bills in Ghana? Why? I thought you nigerians said the economy of Lagos was even bigger than that of Ghana? So why would a Nigerian want to do with a Ghanaian treasury bond?

PetroDollaxx:
That is the problem with you Nigerians. You don’t want to accept the truth.
Isn’t this thread about treasury bills in Nigeria? How did Ghana come into the discussion?

GonFreecss1:
Those of you who were planning to go and buy Treasury Bills from Ghana, lol! I hope you didn't do it?

Their currency had a sharp drop today and became one of the, if not the cheapest currency in Africa. Stick with the demon you know!

GonFreecss1:
Nope. Should I?

It's ambiguous in their quaterly report.

GonFreecss1:
Who has data on the Stanbic IBTC money market average yield for the years...

2016, 2017 and 2018?

I find it unfair that they never gave a specific average yield for this years. They stopped doing this in 2015. That's not transparent. I am very sure if I called them, they wouldn't give the info, because the info in their report is very ambiguous. Just a graph that is not even clear.

So any one with this info? Thanks in advance.

Just2endowed2:
like link to get this updated information and check historical records of ghana currency

khadri:
Hi guys, please am about to open a mutual fund account, money market to be precise but from the information am getting online the yield is about 12-13%. Some claim that the interest is accrued daily. Does this mean that I will be getting 13%(assuming that is the current rate) on my capital daily or is this rate calculated yearly.

I would like to know how the interest rate is calculated and will appreciate anyone that can explain this to me.

Thanks.

oxygen247:
And you just gave him kudos for conducting " the only election Nigeria and international community agreed to be free and fair "

Meanwhile the last time I checked, Earnest Shonekan was a civilian of the Yoruba extraction.

Olofintoto:
Some of them actually won base on Seyi Makinde's factor

dante0147:
People should remember this man handed over to a civilian government !

freeman67:
OK.. But What's the Telex charge for again?

freeman67:
Stanbic IBTC normally credit the interest accrued for weekends on Mondays..