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Treasury Bills In Nigeria - Investment (2085) - 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 Ibrahim505(m): 5:34pm On Jul 07, 2022
Is this subjected to withholding tax?

Re: Treasury Bills In Nigeria by DJ28: 7:05pm On Jul 07, 2022
Good evening to All the Guru on this Investment forum.
Please, anybody with reliable information on these two companies:
1. Mainstreet Capital
2. DLM Asset Management.

If they are reliable to invest with.

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 7:57pm On Jul 07, 2022
DJ28:
Good evening to All the Guru on this Investment forum.
Please, anybody with reliable information on these two companies:
1. Mainstreet Capital
2. DLM Asset Management.

If they are reliable to invest with.


They are okay, but I think it is better to do business with the top 10
Re: Treasury Bills In Nigeria by richforever123: 8:07pm On Jul 07, 2022
emmanuelewumi:



They are okay, but I think it is better to do business with the top 10

Good evening, can we know the top 10 for now, you can also link us to an article if you cannot list it

Thanks for your swift response

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 8:25pm On Jul 07, 2022
richforever123:


Good evening, can we know the top 10 for now, you can also link us to an article if you cannot list it

Thanks for your swift response


I can try with the top 5.


Stanbic IBTC Asset Management

FBN Quest Asset Management

United Capital Asset Management

ARM Asset Management

FSDH Asset Management

GT Fund Managers

Meristem Wealth Managers.


You can Google Fund Managers Association of Nigeria for others

5 Likes

Re: Treasury Bills In Nigeria by bfn1: 9:08pm On Jul 07, 2022
Nero4306:
Gud evening hux…. Still waiting for my sukuk4 to drop I discovered that I mistakenly supplied wrong account number during application process. One digit of my account number was intertwined. Plz any info on how to contact DMO for correction ? Although lotus capital has helped me to contact them but there is still delay in payment….. ur suggestion will be helpful. Thanks
You can try enquiries@dmo.gov.ng.

2 Likes

Re: Treasury Bills In Nigeria by aieromon(m): 9:13pm On Jul 07, 2022
Ibrahim505:
Is this subjected to withholding tax?

No

https://ngxgroup.com/exchange/trade/fgn-savings-bond/

1 Like

Re: Treasury Bills In Nigeria by DJ28: 11:00pm On Jul 07, 2022
emmanuelewumi:



They are okay, but I think it is better to do business with the top 10

Thank you Sir for the quick response.

1 Like

Re: Treasury Bills In Nigeria by richforever123: 11:25pm On Jul 07, 2022
emmanuelewumi:



I can try with the top 5.


Stanbic IBTC Asset Management

FBN Quest Asset Management

United Capital Asset Management

ARM Asset Management

FSDH Asset Management

GT Fund Managers

Meristem Wealth Managers.


You can Google Fund Managers Association of Nigeria for others

Thanks for your response, what do feel about SFS Fund
Re: Treasury Bills In Nigeria by Nero4306(m): 11:52am On Jul 09, 2022
bfn1:

You can try enquiries@dmo.gov.ng.
I did but no reply yet from them
Re: Treasury Bills In Nigeria by spbabt(m): 9:33pm On Jul 14, 2022
Pls what are the figures of tbills for yesterday 13/07/2022
Re: Treasury Bills In Nigeria by yinkaoke(f): 7:35am On Jul 15, 2022
spbabt:
Pls what are the figures of tbills for yesterday 13/07/2022

5 Likes

Re: Treasury Bills In Nigeria by skydiver01: 7:54am On Jul 15, 2022
Kindly find below the NTB auction results.
spbabt:
Pls what are the figures of tbills for yesterday 13/07/2022

8 Likes

Re: Treasury Bills In Nigeria by QuinModah(f): 12:50am On Jul 17, 2022
Ibrahim505:
Is this subjected to withholding tax?
I don't know
Re: Treasury Bills In Nigeria by sonofthunder: 12:58pm On Jul 17, 2022
Good day fam,

Please I'm interested in the 90 days Treasury bills but I don't really have much knowledge.

What's the current rate?

Is there a minimum amount I can buy?

Where can I possibly approach to get it done?

Thanks
Re: Treasury Bills In Nigeria by emmasoft(m): 11:28pm On Jul 17, 2022
sonofthunder:
Good day fam,

Please I'm interested in the 90 days Treasury bills but I don't really have much knowledge.

What's the current rate?

Is there a minimum amount I can buy?

Where can I possibly approach to get it done?

Thanks

The current rate as per the primary auction is as shown in the table ie stop rate is 2.75%. To invest walk into the banking hall of your bank and make inquiries. I know IBTC used to accept 100k and above. Otherwise, you can invest in MMF as a better alternative.

1 Like

Re: Treasury Bills In Nigeria by Hamachi(f): 11:35pm On Jul 17, 2022
emmasoft:


The current rate as per the primary auction is as shown in the table ie stop rate is 2.75%. To invest walk into the banking hall of your bank and make inquiries. I know IBTC used to accept 100k and above. Otherwise, you can invest in MMF as a better alternative.
it been ages, how have you been?
Re: Treasury Bills In Nigeria by bfn1: 12:31am On Jul 18, 2022
emmasoft:
The current rate as per the primary auction is as shown in the table ie stop rate is 2.75%. To invest walk into the banking hall of your bank and make inquiries. I know IBTC used to accept 100k and above. Otherwise, you can invest in MMF as a better alternative.
First Bank too. He can trade with a minimum of N100k.
Cc: sonofthunder
Re: Treasury Bills In Nigeria by skydiver01: 6:57am On Jul 18, 2022
On a different note, the coupon of the 2034 FGN bond is due today although I expect it to drop tomorrow.

2 Likes

Re: Treasury Bills In Nigeria by ojesymsym: 4:03pm On Jul 18, 2022
Has anyone ever done endowment plan insurance and knows about it?
Re: Treasury Bills In Nigeria by Stan2330(m): 4:27pm On Jul 18, 2022
Is anyone hear investing with risevest?
Is it a legit Investment?
Re: Treasury Bills In Nigeria by skydiver01: 10:52pm On Jul 18, 2022
Wonders shall never end... Was expecting this to drop tomorrow but it dropped today....Wonderful... Happy Days... More FGN bond purchase (compounding)
skydiver01:
On a different note, the coupon of the 2034 FGN bond is due today although I expect it to drop tomorrow.

3 Likes

Re: Treasury Bills In Nigeria by bjtinz: 4:09am On Jul 19, 2022
skydiver01:
Kindly find below the NTB auction results.

Slightly good news.. . .
Re: Treasury Bills In Nigeria by keeper303: 6:05am On Jul 19, 2022
skydiver01:
Wonders shall never end... Was expecting this to drop tomorrow but it dropped today....Wonderful... Happy Days... More FGN bond purchase (compounding)

Congratulations. Pay your tithe through me to your church grin grin
Re: Treasury Bills In Nigeria by skydiver01: 8:06am On Jul 19, 2022
Kindly find below yesterdays bond auction results.

1 Like

Re: Treasury Bills In Nigeria by skydiver01: 8:09am On Jul 19, 2022
Yes rates wise but it was not oversubscribed which is unusual.
bjtinz:


Slightly good news.. . .
Re: Treasury Bills In Nigeria by skydiver01: 8:13am On Jul 19, 2022
N225b offered but only N124b raised... Interesting times ahead... just wondering.... In some ways, it could suggest investors are diversifying... which is good...
skydiver01:
Kindly find below yesterdays bond auction results.

2 Likes

Re: Treasury Bills In Nigeria by keeper303: 5:26pm On Jul 19, 2022
skydiver01:
N225b offered but only N124b raised... Interesting times ahead... just wondering.... In some ways, it could suggest investors are diversifying... which is good...

Please when is the next auction? Try to remind us on the platform. Thank you in advance.

2 Likes

Re: Treasury Bills In Nigeria by cucumbar: 11:20pm On Jul 19, 2022
skydiver01:
Wonders shall never end... Was expecting this to drop tomorrow but it dropped today....Wonderful... Happy Days... More FGN bond purchase (compounding)
big boy!!! shocked shocked shocked See coupon nau.

2 Likes

Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 9:02am On Jul 20, 2022
Ugmama:
Please gurus help me choose

Investment of 5m

1. Treasury bill at 5.5% pa

2. Buy dollar @ 605

If you don't have expenses in naira in the short term, I would say diversify NGN 20% and USD 80%.

Invest the NGN in Tbills at 5.5%
Invest the USD in Eurobonds circa 8% or buy $VOO, $VTI if you're into stocks

My primary advise has always being to invest in dollars. But more importantly try to earn in dollars.

6 Likes 2 Shares

Re: Treasury Bills In Nigeria by Tobex4realTobex234(m): 9:06am On Jul 20, 2022
Dollar limit on naira cards are now $20/month.
Virtual USD cards are being banned left and right.
PTA has been almost impossible to access from the banks.
Getting forex to pay for school fees has become increasingly difficult.

So, the dollar rate is not artificial, just wait for September admission Japa wave to U.K and January admission wave to U.S, if CBN doesn't provide forex for these needs, the scarcity of dollar would push it to 650 by 2023.

6 Likes 2 Shares

Re: Treasury Bills In Nigeria by Rizin: 9:41am On Jul 20, 2022
Tobex4realTobex234:



My primary advise has always being to invest in dollars. But more importantly try to earn in dollars.

Supported.
I bought dolar at @570 in April this year at 8% per annum. Currently it goes for 640 as at this morning. Representing 12% increase in just 4months.
God help our country.

1 Like

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