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Treasury Bills In Nigeria - Investment (1266) - Nairaland

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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 Mills55: 2:24pm On May 29
unite4real:


I think ur money don enter voice mail. I hope u have been following our discussions on this matter. Where did u dig up that account number from. It looks like the account for the first sukuk in 2017. They have different account for every issue. The current one is called FGN ROAD SUKUK ACCOUNT ISSUE 3.

if the account you paid to didn't have issue 3, then it's wrong account. Although na government still get that account, I don't know how easy you will solve this problem.
Maybe lotus will help to access it. I hope so

Thank you so much brother for your assistance. I actually corrected the account number to this Stanbic account 0035763997. I am trying to send a mail to stockbroking@stanbicibtc.com
the form and the payment slip. God bless you
Re: Treasury Bills In Nigeria by Akerewe(m): 2:37pm On May 29
Phyde hi,
Please have you gotten any official response from stanbic stockbroker after submitting your filed form and fund transfer receipt? If not when is it likely we get notification for sukuk from them.
Phyde:

I have tried the mobile app and website to see if there is option to set my transfer limit. I did not succeed so, i decided to split my payments and save the receipts/transfer. You may need to visit the bank or still try to send mail, asking if it can be possible to set it online due to skeletal service they are offering now.
thanks phyde, I will do d splitting instead.
Re: Treasury Bills In Nigeria by Akerewe(m): 2:42pm On May 29
I have a big issue with my Internet banking access but I don't know how I can resolve this online on time as none of stanbic bank branch is operating and no response to the mail I sent to them so far. Is it not too late on Monday to fund sukuk account?
Re: Treasury Bills In Nigeria by Ibechris2: 2:49pm On May 29
JavaSQL:
Guys this Buhari/Osibanjo campaign just reminded me of the possible outcome of long term investments.
5 years ago dollar here was at N216/$, now dollar is N440/$.

Does it mean in 5 years time dollar could be N880/$.
That means if you convert and invest N5m ~ $11,111 in Sukuk bond, after 5 years interest on 5 years will be N2.8m then reconvert capital + interest to USD i.e N7.8m/N880 = $8,863.

It will feel like I swallowed my pride after 5 years.



This is what is called peeping into the future...that is exactly where we heading to. Like it or not.

1 Like

Re: Treasury Bills In Nigeria by Nero4306(m): 2:50pm On May 29
Good afternoon everyone. I made enquire via email about the ongoing sukuk bond and this is reply i got.

Dear sir,

Thank you for your interest in the 3rd FGN Sukuk.

The Sukuk offers you the opportunity to earn competitive returns of 11.20% per annum with rentals paid twice a year for 7 years.

To invest simply click on the link below to fill out the subscription form and make payments.

https:///3ddBp4L

You can also make payment to the account below and forward the evidence of payment to us for processing:

Bank : Zenith Bank Plc
Account Name: FGN Roads Sukuk Issue Proceeds Account 3
Account Number: 1017166578

Please let me know if you require further clarification via 08061545339 or 08077099558


But my fear is how true and confirm all this phone numbers and account number because i hail niaja boys � � �...
Re: Treasury Bills In Nigeria by Phyde: 3:12pm On May 29
Akerewe:
thanks phyde, I will do d splitting instead.
Your're welcome sir
Re: Treasury Bills In Nigeria by freeman67: 3:19pm On May 29
Akerewe:

Thanks a lot phyde for your undiluted support, I later mail them and I was told that both are genuine both they belongs to different entity within stanbic holdings. While my own belongs to stanbic stockbroker your own belongs to stanbic capital market.
Please how do you guys move huge funds through stanbic internet banking as I think the minimum per day is 1million. How can someone increase the daily limit?
Please how much is the stanbic stockbroker charges on a million for this ongoing sukuk bond?


Stanbic IBTC internet/web transfer can be increased to maximum of N5 Million. This can be done in the banking hall. To do that you will have to sign an indemnity form with a witness before they can activate it for you.

2 Likes

Re: Treasury Bills In Nigeria by Phyde: 3:21pm On May 29
Akerewe:
I have a big issue with my Internet banking access but I don't know how I can resolve this online on time as none of stanbic bank branch is operating and no response to the mail I sent to them so far. Is it not too late on Monday to fund sukuk account?
Note that 3 wrong password will automatically block your access and you will need to fill a form which will take about 3 working days for the bank to reset.

2 Likes

Re: Treasury Bills In Nigeria by Akerewe(m): 3:21pm On May 29
freeman67:



Stanbic IBTC internet/web transfer can be increased to maximum of N5 Million. This can be done in the banking hall. To do that you will have to sign an indemnity form with a witness before they can activate it for you.
thanks
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 3:23pm On May 29
JavaSQL:
Guys this Buhari/Osibanjo campaign just reminded me of the possible outcome of long term investments.
5 years ago dollar here was at N216/$, now dollar is N440/$.

Does it mean in 5 years time dollar could be N880/$.
That means if you convert and invest N5m ~ $11,111 in Sukuk bond, after 5 years interest on 5 years will be N2.8m then reconvert capital + interest to USD i.e N7.8m/N880 = $8,863.

It will feel like I swallowed my pride after 5 years.




You did not include N3.9 million rental income earned over the 7 years into your calculation, which you have the option of spending, reinvesting or both
Re: Treasury Bills In Nigeria by emmasoft(m): 3:23pm On May 29
Nero4306:
Good afternoon everyone. I made enquire via email about the ongoing sukuk bond and this is reply i got.

Dear sir,

Thank you for your interest in the 3rd FGN Sukuk.

The Sukuk offers you the opportunity to earn competitive returns of 11.20% per annum with rentals paid twice a year for 7 years.

To invest simply click on the link below to fill out the subscription form and make payments.

https:///3ddBp4L

You can also make payment to the account below and forward the evidence of payment to us for processing:

Bank : Zenith Bank Plc
Account Name: FGN Roads Sukuk Issue Proceeds Account 3
Account Number: 1017166578

Please let me know if you require further clarification via 08061545339 or 08077099558


But my fear is how true and confirm all this phone numbers and account number because i hail niaja boys � � �...

My bros what were you expecting when you make Enquiries? In investment, there is a little bit of courage added to due diligence to make informed decisions. Zenith bank is an institution that is verifiable. Walk in and check up. On the sukuk form you can see banks listed. Use anyone. True there are bad guys but it's a global thing. Nigeria is not an exception. To allay your fears read some recent past pages on this thread there are enough guidance. The primary auction for this sukuk is time bound if you are interested don't waste time. By Tuesday it's all over. All the best

2 Likes

Re: Treasury Bills In Nigeria by Olaide1295: 4:01pm On May 29
Dfavouredone:
Dear Fellow Investor,

At this time of low rate, one is looking for an alternative investment with a good rate and this is what I found.

Returns Market Investment Nigeria Limited (RC: 1621572), they promised 10% ROI monthly for 300k minimum investment.

Their claim is too good to be true, so I brought it here for fellow investors to help look into it to see if this will not turn to another MMM.

Below is their site to use check them out, let evaluate them to see if this is a big breakthrough to be happy about or a bubble that will soon burst to run from.

https://returnsinvestmentnigerialimited.com/

https://www.facebook.com/Returnsinvestmentnigerialimited/

Another thing is, I message them online that this their claim of 10% ROI monthly is too good to be true and that how secure is the capital and I hope this will not be like MMM where people lost their capital after some time. And this is was their response, "There is 100% security of every capital invested with us we are registered firm and also regulated by Security Exchange Commission SEC".

Is this their response enough security and guarantee for our hard earn capital?
Fellow investors lets discuss this opportunity and see the pros and cons.

Ask for their SEC number. What business are they doing to guarantee you 10% monthly. BRO RUN FOR YOUR LIFE.
Investments that offer monthly returns are 90% scams.
Anyway, click the link below to see the name, phone and house address of the person behind the website above. When he scams you, don't come to Nairaland, you have his house address

https://www.whois.com/whois/returnsinvestmentnigerialimited.com

5 Likes

Re: Treasury Bills In Nigeria by Dfavouredone: 4:23pm On May 29
Thank you Jesus

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 4:30pm On May 29
Olaide1295:


Ask for their SEC number. What business are they doing to guarantee you 10% monthly. BRO RUN FOR YOUR LIFE.
Investments that offer monthly returns are 90% scams.
Anyway, click the link below to see the name, phone and house address of the person behind the website above. When he scams you, don't come to Nairaland, you have his house address

https://www.whois.com/whois/returnsinvestmentnigerialimited.com




It is a scam, the person who shared it here did the same thing on the stock market thread.

I called the investment a scam , he accused me of making a hasty conclusion.


The promoter should invite his families, neighbours, church or mosque members to come and be the partakers of this.

9 Likes

Re: Treasury Bills In Nigeria by Mills55: 4:43pm On May 29
Phyde:

Note that 3 wrong password will automatically block your access and you will need to fill a form which will take about 3 working days for the bank to reset.

Bro please how will I know if my bid in this FGN SUKUK is successful?
Re: Treasury Bills In Nigeria by Nero4306(m): 5:09pm On May 29
My bros what were you expecting when you make Enquiries? In investment, there is a little bit of courage added to due diligence to make informed decisions. Zenith bank is an institution that is verifiable. Walk in and check up. On the sukuk form you can see banks listed. Use anyone. True there are bad guys but it's a global thing. Nigeria is not an exception. To allay your fears read some recent past pages on this thread there are enough guidance. The primary auction for this sukuk is time bound if you are interested don't waste time. By Tuesday it's all over. All the best


Thanks i appreciate
Re: Treasury Bills In Nigeria by Nero4306(m): 5:10pm On May 29
emmasoft:


My bros what were you expecting when you make Enquiries? In investment, there is a little bit of courage added to due diligence to make informed decisions. Zenith bank is an institution that is verifiable. Walk in and check up. On the sukuk form you can see banks listed. Use anyone. True there are bad guys but it's a global thing. Nigeria is not an exception. To allay your fears read some recent past pages on this thread there are enough guidance. The primary auction for this sukuk is time bound if you are interested don't waste time. By Tuesday it's all over. All the best

Thanks bros
Re: Treasury Bills In Nigeria by Phyde: 5:27pm On May 29
Mills55:


Bro please how will I know if my bid in this FGN SUKUK is successful?
This is my first time buying SUKUK but i am sure they will notify us by mail or sms. The fgn sukuk gurus can still enlight us on this.

2 Likes

Re: Treasury Bills In Nigeria by oludy: 5:30pm On May 29
Phyde:

This is my first time buying SUKUK but i am sure they will notify us by mail or sms. The fgn sukuk gurus can still enlight us on this.

Yes, you are right, you will get an allotment advice if successful. What happens if not successful? Never experienced that anyway. I guess you will be notified still and refunded.

2 Likes

Re: Treasury Bills In Nigeria by oludy: 5:33pm On May 29
Stanbic IBTC mutual fund wan spoil show for me for this SUKUK. Trying to redeem my funds since last week Thursday and nothing up until now. I am sooooooo disappointed in their service this time. It has been great before now though. Are they trying to intentionally delay this so i miss out? Hmmmm. Anyone with escalation details? Maybe a senior staff? The customer care staff and my account officer have not been too helpful so far. I just need my money to meet the deadline.
Re: Treasury Bills In Nigeria by Phyde: 5:39pm On May 29
oludy:
Stanbic IBTC mutual fund wan spoil show for me for this SUKUK. Trying to redeem my funds since last week Thursday and nothing up until now. I am sooooooo disappointed in their service this time. It has been great before now though. Are they trying to intentionally delay this so i miss out? Hmmmm. Anyone with escalation details? Maybe a senior staff? The customer care staff and my account officer have not been too helpful so far. I just need my money to meet the deadline.
You need to keep bombarding them with mails and screenshots grin
Re: Treasury Bills In Nigeria by oludy: 5:45pm On May 29
Phyde:

You need to keep bombarding them with mails and screenshots grin

Thanks, i have been doing that oooo. I hope they come through sha. To clarify, it was a paper redemption and they said it is normally processed within 5 business days. I guess the public holidays this week contributed to the delay as well. But it has never taken this long since i have been with them. I will send another mail now. Monday is my last day to have a chance.
Re: Treasury Bills In Nigeria by Midex88(m): 5:47pm On May 29
....
Re: Treasury Bills In Nigeria by olujaidi: 6:29pm On May 29
If you miss out on the ongoing public offer of the sukuk, you can still invest via the Lotus Halal fund or the Stanbic Imaan Fund
Re: Treasury Bills In Nigeria by yomi007k(m): 6:35pm On May 29
olujaidi:
If you miss out on the ongoing public offer of the sukuk, you can still invest via the Lotus Halal fund or the Stanbic Imaan Fund

Ok. What are their rates pls?
Re: Treasury Bills In Nigeria by Precious44(m): 6:38pm On May 29
12k
13k
15k instagram account for sale

Whatsapp me:https://wa.me/2349054467378
Re: Treasury Bills In Nigeria by XiaoLi: 6:45pm On May 29
Wrong place, here we buy tbills, orishirishi bonds, CP e.t.c
Precious44:
12k
13k
15k instagram account for sale

Whatsapp me:https://wa.me/2349054467378

6 Likes

Re: Treasury Bills In Nigeria by freeman67: 6:55pm On May 29
Mills55:


Bro please how will I know if my bid in this FGN SUKUK is successful?

The settlement date is on 9th of June, 2020. I think it is after then you will know if you are successful or not.

1 Like

Re: Treasury Bills In Nigeria by Nero4306(m): 6:57pm On May 29
oludy:


Yes, you are right, you will get an allotment advice if successful. What happens if not successful? Never experienced that anyway. I guess you will be notified still and refunded.

I was told by one of the agent of lotus that am chatting with on whatsapp that the amount not allotted will be refunded back to your account

2 Likes

Re: Treasury Bills In Nigeria by freeman67: 6:58pm On May 29
Nero4306:


I was told by one of the agent of lotus that am chatting with on whatsapp that the amount not allotted will be refunded back to your account

That's true.
Re: Treasury Bills In Nigeria by Godbpraised: 7:36pm On May 29
Hey expert in the house, how does one go about getting distress real estate sales. Also for those of us abroad (outside lagos or abuja or Nigeria) who may have properties in Nigeria what has been your strategy of getting ur funds from stubborn tenants .
Re: Treasury Bills In Nigeria by Nero4306(m): 7:44pm On May 29
I got this mail from Lotus Financial service limited
" Thank you for subscribing to the 3rd FGN Sukuk Issuance. You are almost done!

Your application however is INCOMPLETE until you pay for your subscription.

Kindly click on the PAY NOW button to complete your application."

Hope am on track? I just hope my bank increase my transfer limit by monday so i meet up with deadline...

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