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Investing In Nigeria Treasury Bill - Investment - Nairaland

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Investing In Nigeria Treasury Bill by GENERALSEIFDAN1(m): 3:16pm On Mar 13, 2019
Treasury bill is a popular term in business, but many do not know about how to invest in treasury bill. Many people have a lot of money that they are currently not using, yet they have never heard about treasury bill. A lot of people who have a little money that they are not using do not know this because they lack access to the information about these investment opportunities. While investing in other people business is a good idea. It is to be noted that a lot of businesses fail in Nigeria after three years.

Many businesses started from borrowing from friends and family members. It is believed that Aliko Dangote started his business by borrowing from his grandfather. But do you know that borrowing without collateral is the riskiest form of business you can do? Most times when you borrow money from others you do not think of adding to the initial capital because you see it as a favour. When you borrow from banks, you know that you have to pay huge amount of money to the financial institution where you are borrowing from.

But when you borrow from banks, you know that you have to pay huge amount of money to the financial institution where you are borrowing from.

While many people are not after getting interest from money they borrow or lend others, they want their money to be useful to the economy. And so in a bid to provide this information to Nigerians who have a little money they have staying idle in their banks, we present the option of treasury bill to the average Nigerian.

While many people are not after getting interest from money they borrow or lend others, they want their money to be useful to the economy. We present treasury bill an investment opportunity to Nigerians today. Money should not be idle in bank accounts but for investment.

Many businesses started from borrowing from friends and family members. It is believed that Aliko Dangote started his business by borrowing from his grandfather. But do you know that borrowing without collateral is the riskiest form of business you can do? Most times when you borrow money from others you do not think of adding to the initial capital because you see it as a favour. But when you borrow from banks, you know that you have to pay huge amount of money to the financial institution where you are borrowing from.

While many people are not after getting interest from money they borrow or lend others, they want their money to be useful to the economy. And so in a bid to provide this information to Nigerians who have a little money they have staying idle in their banks, we present the option of treasury bill to the average Nigerian.

But do you know that borrowing without collateral is the riskiest form of business you can do? Most times when you borrow money from others you do not think of adding to the initial capital because you see it as a favour.But when you borrow from banks, you know that you have to pay huge amount of money to the financial institution where you are borrowing from. While many people are not after getting interest from money they borrow or lend others, they want their money to be useful to the economy. And so in a bid to provide this information to Nigerians who have a little money they have staying idle in their banks, we present the option of treasury bill to the average Nigerian.

But when you borrow from banks, you know that you have to pay huge amount of money to the financial institution where you are borrowing from. While many people are not after getting interest from money they borrow or lend others, they want their money to be useful to the economy. And so in a bid to provide this information to Nigerians who have a little money they have staying idle in their banks, we present the option of treasury bill to the average Nigerian.

But when you borrow from banks, you know that you have to pay huge amount of money to the financial institution where you are borrowing from. While many people are not after getting interest from money they borrow or lend others, they want their money to be useful to the economy. And so in a bid to provide this information to Nigerians who have a little money they have staying idle in their banks, we present the option of treasury bill to the average Nigerian.

While many people are not after getting interest from money they borrow or lend others, they want their money to be useful to the economy. And so in a bid to provide this information to Nigerians who have a little money they have staying idle in their banks, we present the option of treasury bill to the average Nigerian.

Treasury bill is a short term zero risk investment that extends for maximum of a year. Treasury Bills are short-term debt instruments issued by the Federal Government through the Central Bank of Nigeria to provide short term funding for the government. You can borrow government the money for 91 days, 182 days and 364 days. Treasury Bills are sold through a bi-weekly auction conducted by the CBN on Wednesday’s.

Official dealers can help one to invest in treasury bill. The easiest and safest official dealers are banks. Most times when you use your bank as your official dealer, the money you want to invest in treasury bills are usually deducted from your bank account that you have with them. Interest from the investment are added to your bank account.

The minimum amount you can invest in treasury bill is a hundred thousand naira only (₦100, 000). This might seem small. You can also invest your millions too. To determine bid rate, you must be able to borrow government at least five million naira (₦5, 000, 000).

The bid rate is also called STOP RATE . Read more at [url]interviewstories.org[/url] by clicking on this link [url]interviewstories.org/nigeria-treasury-bill[/url]

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