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Treasury Bills In Nigeria - Investment (759) - 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 donshady(m): 4:08pm On Apr 18, 2019
Stanbic bank Primary Market... 12.7% for 365days....
Re: Treasury Bills In Nigeria by Gavrelino123: 4:10pm On Apr 18, 2019
OgogoroFreak:
What's the update? Is Innoson there??
I would have called you a "Big -fool".....But i don't want to derail the aim and objectives of this "Great thread"..

3 Likes

Re: Treasury Bills In Nigeria by Gavrelino123: 4:13pm On Apr 18, 2019
ahiboilandgas:
yes at the bank gate ....driving back
Thank God....I was really tensed...
I wrote an instruction against my Matured TB today for 182 days On Monday......I pray GTBANK 182 days tenure sails through....!!
Re: Treasury Bills In Nigeria by Gavrelino123: 4:15pm On Apr 18, 2019
donshady:
Stanbic bank Primary Market... 12.7% for 365days....
This stanbic is always leading....what an excellent rates.....God bless us all...
Re: Treasury Bills In Nigeria by TotoNaRubber: 4:15pm On Apr 18, 2019
Did you hear that the amount of ogogoro you drink is directly proportional to your health.

OgogoroFreak:
I heard Innoson is currently merging gtbank database with that of Innoson motors. Exercise patience. When they are true, they'll decide if to pay you or not.
Re: Treasury Bills In Nigeria by zihotu: 4:29pm On Apr 18, 2019
Inventux:


Speaking from experience, and based on the current rate, and even at ordinary 12%, which hasn't happened yet, no bank would be foolish enough to credit your account with N143k for investing 2.4m for 364 days. From the way I see it, you should have received at least N288K for 364 days or N144K for 182 days. P.S I use 12% and did not factor in bank's commission and other charges. Be sure to contact your branch for clarifications. Good luck!
thanks. have been to the bank n the guy said the mistake was from him bidding for 182 days instead of the 364 days I requested. So it's 12% of 2.4m that gave 143k..he was just apologising. this is the last time I'm gonna do tb with zenith.

3 Likes

Re: Treasury Bills In Nigeria by aremso(m): 4:34pm On Apr 18, 2019
Gavrelino123:

This stanbic is always leading....what an excellent rates.....God bless us all...


but i got 12.85% for 252 days with eco bank

1 Like

Re: Treasury Bills In Nigeria by Gavrelino123: 4:47pm On Apr 18, 2019
aremso:



but i got 12.85% for 252 days with eco bank
Wow....When was that.?
Re: Treasury Bills In Nigeria by Akin3891: 6:29pm On Apr 18, 2019
ahiboilandgas:
yes at the bank gate ....driving back


Lol, damn funny. was waiting for that finished line that always says: thank God I've been credited oo. But seriously, it's not funny, funds should be released in the morning after a matured TB to avoid heart attack for some investors with feeble minds. Firstbank always drop back my shits very early in d morning on d matured date. Was abt doing some TB with gtb, now considering holding back for now
Re: Treasury Bills In Nigeria by Gavrelino123: 8:05pm On Apr 18, 2019
ahiboilandgas:
yes at the bank gate ....driving back
GTBANK just debited me,182 days tenure,12.35%...!!!!!!
Re: Treasury Bills In Nigeria by Eaze66: 11:39pm On Apr 18, 2019
Any1 with failed TB transaction from first bank today? My initial investment for 91days was credited to me.
Re: Treasury Bills In Nigeria by Eaze66: 11:44pm On Apr 18, 2019
Any1 with failed TB transaction from first bank today? My initial investment for 91dys was credited to me.
Re: Treasury Bills In Nigeria by arduino: 11:55pm On Apr 18, 2019
Gavrelino123:

GTBANK just debited me,182 days tenure,12.35%...!!!!!!
Chai...... Ecobank no try
Re: Treasury Bills In Nigeria by Adegokenath(m): 5:03am On Apr 19, 2019
I hope the new minimum wage that have been approved will not devalue our money before maturity date

1 Like

Re: Treasury Bills In Nigeria by papadoculus(m): 9:15am On Apr 19, 2019
zihotu:

I just received an alert of 143k after fixing 2.4m for 364days. I feel the money is too small and I'm going to the bank right away to know the % bid for 364 days
the money is too small o, r u sure they dint do fixed deposit instead
Re: Treasury Bills In Nigeria by papadoculus(m): 9:17am On Apr 19, 2019
arduino:

Ecobank gave me 11.8% on 182 Days, Nothing from FCMB yet.
Zenith also gave me 11.9% for 182 days
Re: Treasury Bills In Nigeria by papadoculus(m): 9:21am On Apr 19, 2019
zihotu:

thanks. have been to the bank n the guy said the mistake was from him bidding for 182 days instead of the 364 days I requested. So it's 12% of 2.4m that gave 143k..he was just apologising. this is the last time I'm gonna do tb with zenith.
u r even confused, sobits nt Gtb again, its nw Zenith
Re: Treasury Bills In Nigeria by zihotu: 10:38am On Apr 19, 2019
papadoculus:

u r even confused, sobits nt Gtb again, its nw Zenith
I find this insultive. y call someone confused wen u know nothing about what he wrote earlier. pls be guided
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 11:11am On Apr 19, 2019
Adegokenath:
I hope the new minimum wage that have been approved will not devalue our money before maturity date
One of the reasons you are doing tbills is to guide your funds against devaluation. So, why worry now?
Re: Treasury Bills In Nigeria by Pascal2016: 1:13pm On Apr 19, 2019
What rate did you bid. Mine didn't fail though I allowed it to be on bank rate which I am yet to know because I requested them to include my interest with the principal in my TBill
Eaze66:
Any1 with failed TB transaction from first bank today? My initial investment for 91dys was credited to me.
Re: Treasury Bills In Nigeria by Mizwisdom(f): 2:09pm On Apr 19, 2019
Adegokenath:
I hope the new minimum wage that have been approved will not devalue our money before maturity date


Many state governments can't afford to pay it
Re: Treasury Bills In Nigeria by HeliosHay(m): 7:44pm On Apr 19, 2019
How come Stanbic IBTC almost always offers better TB rate than Zenith Bank? It's weird
Re: Treasury Bills In Nigeria by OgogoroFreak(m): 9:14pm On Apr 19, 2019
HeliosHay:
How come Stanbic IBTC almost always offers better TB rate than Zenith Bank? It's weird
Zenith bank might just be too greedy, I guess.

1 Like

Re: Treasury Bills In Nigeria by HeliosHay(m): 11:14pm On Apr 19, 2019
OgogoroFreak:
Zenith bank might just be too greedy, I guess.

Maybe its because they perceive themselves as a premium bank so can charge a premium
Re: Treasury Bills In Nigeria by opiti: 2:50am On Apr 20, 2019
If I choose 91days & I invest 2m how much will be my return
Re: Treasury Bills In Nigeria by Nobody: 7:15am On Apr 20, 2019
arduino:


Ecobank gave me 11.8% on 182 Days, Nothing from FCMB yet.

Hello bro... Have you heard from fcmb? What rate did you get from them? Can we discuss privately cos I feel my fcmb guy is trying to play smart on me. Thanks
Re: Treasury Bills In Nigeria by unite4real: 8:39am On Apr 20, 2019
opiti:
If I choose 91days & I invest 2m how much will be my return

Maximum of 50k
Re: Treasury Bills In Nigeria by FlutterDollar99(m): 10:57am On Apr 20, 2019
Mizwisdom:

Many state governments can't afford to pay it
hi, that's a wrong impression.
Did you just assume that many state government can't pay the new increment or you have a valid computation?
All state government over the federation can afford it if they don't embezzle funds

5 Likes

Re: Treasury Bills In Nigeria by Mizwisdom(f): 11:03am On Apr 20, 2019
FlutterDollar99:
hi, that's a wrong impression.
Did you just assume that many state government can't pay the new increment or you have a valid computation?
All state government over the federation can afford it if they don't embezzle funds


But many are not even paying N18,000 consistently

1 Like

Re: Treasury Bills In Nigeria by FlutterDollar99(m): 11:07am On Apr 20, 2019
Mizwisdom:

But many are not even paying N18,000 consistently
that is because we have an irresponsible Labour Union

5 Likes

Re: Treasury Bills In Nigeria by Mizwisdom(f): 11:12am On Apr 20, 2019
FlutterDollar99:
that is because we have an irresponsible Labour Union


Therefore, if some are not fully paying N18K, how can you believe they'll pay N30K?

1 Like

Re: Treasury Bills In Nigeria by FlutterDollar99(m): 11:28am On Apr 20, 2019
Mizwisdom:

Therefore, if some are not fully paying N18K, how can you believe they'll pay N30K?
because you said many state government cant afford to pay

1 Like

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