Amebo123:

Liquidity.
Too much cash chasing Tbills, always over subscriped. if CBN succeed to mop up cash in circulation then rates might increase - demand and supply.
Also if Oil price falls meaning less money for FG, they will need more money from the public thru Tbills to cover the short falls

Barrytone:


My personal experience, I invest failed to care even with my money in their kitty. Las las I wasn't paid interest for the period the money was with them.
My bank, FBN confirmed money left my account to destination. I invest said they can't see my money. Sterling Bank said they are only bankers, it's between 2 customers so I go sort it out with I invest. I stay in Uyo, no I invest office. I then threatened my bank who then lodged a complaint with cbn and the threat made I invest to call me within 2 days and claim they have seen my money in their coffers. All this took away over 3 weeks from me and even when they claim interest will be paid for the period, they never did and I was contented with my capital. That was my personal frustrating experience.

CompareDBest:
See Barrytone's negative experience: https://www.nairaland.com/878880/treasury-bills-nigeria/732#76905799 . This is the only negative one we remember, and there have been a number of positive experience. However, it highlights one risk as you have requested.

Magnifico2000:

Thank you. See. I prefer doing it with the bank I normally do it with. Just that it is been long I invested in it. So I have lost track of recent happenings.

OgogoroFreak:
There is no recent happenings. Tbills is tbills, only rate changes. And the new I-invest we have that doesn't give interest upfront.

Magnifico2000:
I need to make an investment decision promptly.

dxpecial:
who can explain the process to which I can invest in treasury bill??

ajon1:
Good afternoon everyone, my name is Dayo. I'm a ardent job seeker. I graduated with second class lower in political science. I'm based in Abuja. If anyone can be kind enough to help recommend me to an employer or help me submit my resume, I'll be grateful. Have a great weekend!

Magnifico2000:

You are right. I realised oil price is not falling anymore rather it is pegged around $62-$65 per barrel for the past few months. Perhaps CBN has to be successful with their mop up operations in order for the rates to increase.

awesomeJ:


T-bills discounts will remain sub 12% for the rest of this quarter at least.

awesomeJ:


Buying stocks like ZENITH or UBA at current prices will give you about 17.68% in dividends.

Bamz:


Hypothesis or speculation?

What's the risk associated with buying stocks? Is capital guaranteed?

zellfoxx:


Tried funding my account with a debit card and internet banking. No luck after multiple attempts. How did you fund yours?

lizzypro:
About the withdrawals is it to only the bank uour bvn is related to. Like can you withdraw to another account not related to that bvn

GodgraciousR:
'' it either they cheated you in the project or you over paid for land a building wort 36m will bring in 1.8 m-2m as annually .....while a building of 20 will bring in 1m .....that 5he hiidden rule (expect if their is wars or external factor like sudden road..'' [color=#000099][/color]
You are sure right about this. The cost of building our house at Shagam Ogun state was around 10m, and it brings a little above 600 thousand per annum. It is 2 units of 2bedroomflat and 1unit of 3 Bedroom Flat.

Quorax:
to reduce your risk, buy ripple and etherum with 1/4 of the money you made from btc. Good luck.

awesomeJ:


Whenever the CBN is ready to hike rates, mopping up will happen in a flash. Just one N750bn OMO issuance at 14.5% will do the trick.

Buying stocks like ZENITH or UBA at current prices will give you about 17.68% (prorated) in dividends.

T-bills discounts will remain sub 12% for the rest of this quarter at least.

Magnifico2000:

Now I'm a bit skeptical about this I-invest app. I hope people have good news about the app

needful:


Oga is it at current rate? Wont the stock go down and ur capital vanished.

awesomeJ:


There's a chance those stocks may yet lose 5-10% of their current values based on the current state of the market. But it f you don't panic-sell, there's a higher chance (almost a guaranteed one) that you'll get to make15-20% on them between now and April either via dividends or capital gains.

glorie1414:
Go to Post Abuja Jobs on nairaland here. You will see lots of Jobs in Abuja just keep applying for jobs. Again do you have any skill?

needful:


Well on that note, I will prefer GTB and Zenith, although this is not the right time to enter them. I pm u, can u get back to me?

ahiboilandgas:
Company A from country A come to Nigeria to set up a manufacturing company in agabara but require dollar to import raw materials and the cbn gives company A at 305 ....then company A parent company located in country A set up a money market investment firm AA the wired 10 million dollars to buy treasury bills at 14.5 then it converted at 355 at maturity AA has 4 bn naira in it NIgeria account ....the Company AA wires the nair a to company A it sister that manufacture in Nigeria the Company A write to cbn ot requires 4 bn at 305 to import machinery from country A cbn collect the naira 4 bn and give company A 13 million dollars wired to country AA parent company ....profit 3 million dollars in 1 year ......hmm cbn examiner.....dash him 100 k dollar he perfect the papers.....this what sunusi lamido was complaining about u can become a billionaire over night in Nigeria with just phone call...

koonbey:


I-invest had 13.3% for a 70-something days tenor up to 3 days ago.

CompareDBest:
Likely reinvested into treasury bills and they are taking a margin off your investment by giving you the returns at maturity, not upfront. For example, we worked out that the 12.55% interest they offer at maturity works out as 11.15-11.16% upfront.

Please see their own words in the FAQ section at the bottom of this page: https://i-investng.com/

Ibrahim505:

You can widraw only to any of your bank account link with your bvn.

OvaSabi1:


I hope these guys are not running a mini ponzi scheme sha.

GodgraciousR:
'' it either they cheated you in the project or you over paid for land a building wort 36m will bring in 1.8 m-2m as annually .....while a building of 20 will bring in 1m .....that 5he hiidden rule (expect if their is wars or external factor like sudden road..'' [color=#000099][/color]
You are sure right about this. The cost of building our house at Shagam Ogun state was around 10m, and it brings a little above 600 thousand per annum. It is 2 units of 2bedroomflat and 1unit of 3 Bedroom Flat.