Hello Vixo,

Could you send the error message you keep receiving to admin@angelstartups.com.ng. It will be de-bugged immediately.

Apologies for the delays and issues.

Regards.

Hello,

Consider visiting www.angelstartups.com.ng.

Cheers.

Hello olaopts,

Consider this:

Split the capital into four (4) equals.

Invest one in real estate (property where you can access land with complete documentation and employ the services of a professional property manager to develop it).

Invest a second portion in a financial asset like mutual funds or fixed income to earn an average of 10-14% per annum depending on the asset class.

Then, for the last two portions, look inward and consider a line of business you understand and have passion for. There is no substitute for knowledge of that business line and passion. Knowledge ensures you are able to manage, monitor and build the business, while passion keeps you strong and going, even when there is no profits atimes (because in business world, profits do not come ALL THE TIME). For this business that you are interested in, put half of the capital earmarked for the business in starting it and put the other half in your bank account (you could place it in 3 month treasury bills which you could roll-over quarterly as you wish). This is because, you may likely lose the first half of the business capital in setting up the structure and learning the ropes of that business at the initial stage and when you hit a road-block, you can then fall back on the capital in Treasury bills to pull through. Most start-up capital are like seeds; they must die first, before they can grow. The other half in treasury bills will help you water your seed if and when need be. As the business grows, you can plow some retained income into your property development project.

So in summary:

Invest in an affordable property development
Invest in a financial asset
Invest in real sector business (with the second half of the business capital in Treasury Bills).

Visit www.angelstartups.com.ng and sign up for free as an Investor to be advised on the real sector business to consider, while having access to many start-ups to consider. And for your investment in Treasury Bills, visit www.angelstartups.com.ng/fixedincome.

Regards.

AS

Hello,

See this link:

https://www.nairaland.com/2683620/bank-future-bank-today

Cheers.

Hello all,

Banking in Nigeria has been such that as a customer of a bank (none of them left out), you hardly earn a paltry 3-4% per annum while when you turn to the same bank for personal loans or small business loans (a core function of bridging the deficit side of the economy), they give you all sorts of pre-requisites and ask you to pay as high as 30% per annum (if at all you meet those requirements) on your money and other customers' money, with the excuses that they have to service power costs, high rent cost on big spaces they occupy, unnecessary high fixed cost like branch vehicles, huge salary wages they pay many of their unfriendly staff (both junior and top management). This is killing economic activities in Nigeria, driving businesses down and creating problems for many.

Even the new consumer finance banks (you know them) have become worse, offering loans for as high as 70%, 80% per annum. Yes they were able to alleviate the problem of long requirement list of their big brothers, they are beginning to expand their fixed costs which they eventually pass onto desperate customers who are in emergency situations. Seems like they are compounding borrowers' problems?

A company is poised to launch the Bank of the Future, Bank for Today! (Bank for this generation), where Nigerians are offered efficient credit-risk allocation at the most competitive returns and best borrowing rates coupled with exceptional service delivery! The vision is to offer Nigerians single-digit borrowing rate and solve problems for many people! Sounds crazy right! (as low as 1% per month). We are looking for those that think they are crazy and passionate enough to disrupt the Nigerian Banking Sector! (Professionals and Disruptive Investors)

We are in the process of putting all requirements in place and also putting the right team together. The team will eventually include management consultants, ex-commercial bankers/ investment bankers, lawyers, accountants and financial analysts.

If you believe you share similar vision of disrupting the Nigerian banking space, let's meet you to rub minds! send an email to:admin@angelstartups.com.ng with the subject: Bank of the Future, Bank for Today!

Come 2016 onwards, Nigeria will witness a banking revolution!

Be prepared!

Hello all,

Banking in Nigeria has been such that as a customer of a bank (none of them left out), you hardly earn a paltry 3-4% per annum while when you turn to the same bank for personal loans or small business loans (a core function of bridging the deficit side of the economy), they give you all sorts of pre-requisites and ask you to pay as high as 30% per annum (if at all you meet those requirements) on your money and other customers' money, with the excuses that they have to service power costs, high rent cost on big spaces they occupy, unnecessary high fixed cost like branch vehicles, huge salary wages they pay many of their unfriendly staff (both junior and top management). This is killing economic activities in Nigeria, driving businesses down and creating problems for many.

Even the new consumer finance banks (you know them) have become worse, offering loans for as high as 70%, 80% per annum. Yes they were able to alleviate the problem of long requirement list of their big brothers, they are beginning to expand their fixed costs which they eventually pass onto desperate customers who are in emergency situations. Seems like they are compounding borrowers' problems?

A company is poised to launch the Bank of the Future, Bank for Today! (Bank for this generation), where Nigerians are offered efficient credit-risk allocation at the most competitive returns and best borrowing rates coupled with exceptional service delivery! The vision is to offer Nigerians single-digit borrowing rate and solve problems for many people! Sounds crazy right! (as low as 1% per month). We are looking for those that think they are crazy and passionate enough to disrupt the Nigerian Banking Sector! (Professionals and Disruptive Investors)

We are in the process of putting all requirements in place and also putting the right team together. The team will eventually include management consultants, ex-commercial bankers/ investment bankers, lawyers, accountants and financial analysts.

If you believe you share similar vision of disrupting the Nigerian banking space, let's meet you to rub minds! send an email to:admin@angelstartups.com.ng with the subject: Bank of the Future, Bank for Today!

Come 2016 onwards, Nigeria will witness a banking revolution!

Be prepared!

If you want to make life easy for yourself investing in T-bills, visit angelstartups.com.ng/fixedincome for professional advice and information.

Hello @debbydee,

If the information is confirmed, the implications are:

For those that have already invested in fixed deposit and locked in at far higher rates, your interest will not suddenly change- you will still receive your earning at the end of maturity. So there is no cause for alarm for existing "Fixed Deposit Holders" (to capture it in @Bj5all's language).

However, going forward it means new investors in fixed deposit with the banks will earn those reduced interest as you have quoted.

CBN's key objectives include (among others) to manage THE TRINITY (Exchange rate, Inflation rate and Borrowing rate). The bank adopts different strategies and tactics to achieve it's goals and one of them is through monetary policies, trying to stimulate investment in real sector and capital projects.

Commercial Banks already offer as low as 3.0% on savings account and so the options for the public (surplus side) will then be either they Consume their funds or Invest it (since savings as it is now, erodes capital) in financial assets or non-financial assets, that could give higher returns.

At the moment, these assets include Treasury Bills or investing in Real Sector (which has higher risk) or Equities (which is classified as high risk).

Treasury Bills trade at between 9.5%-11% at the moment and is a safe investment option.

Visit www.angelstartups.com.ng/fixedincome for more information.

Cheers.

Hello,

If the information is confirmed, the implications are:

For those that have already invested in fixed deposit and locked in at far higher rates, your interest will not suddenly change- you will still receive your earning at the end of maturity. So there is no cause for alarm for existing "Fixed Deposit Holders" (to capture it in @Bj5all's language).

However, going forward it means new investors in fixed deposit with the banks will earn those reduced interest as you have quoted.

CBN's key objectives include (among others) to manage THE TRINITY (Exchange rate, Inflation rate and Borrowing rate). The bank adopts different strategies and tactics to achieve it's goals and one of them is through monetary policies, trying to stimulate investment in real sector and capital projects.

Commercial Banks already offer as low as 3.0% on savings account and so the options for the public (surplus side) will then be either they Consume their funds or Invest it (since savings as it is now, erodes capital) in financial assets or non-financial assets, that could give higher returns.

At the moment, these assets include Treasury Bills or investing in Real Sector (which has higher risk) or Equities (which is classified as high risk).

Treasury Bills trade at between 9.5%-11% at the moment and is a safe investment option.

Visit www.angelstartups.com.ng/fixedincome for more information.

Cheers.

Hello @ddeston,

Sign up as a company (or Entrepreneur) on www.angelstartups.com.ng to connect with serious investors.

Also send a mail to admin@angelstartups.com.ng and include a brief on the business.

Regards.

@internetboy:

N15 million invested at 10.25% for 6 months= 10.25%*15,000,000*1/2=N768,750.00k

Cheers.

@moses247, our last sentence for you should be: However at the moment, you may[b] not[/b] be offered 12% per annum for N750,000.

Regards.

Hello,

We are going to try to give professional response to a few questions posted here on T-bills.

@Moses247, you want to find out what N750k at 12% for 6 months will yield for you:

The 12% rate you quoted here is for 364 days (12 months, i.e, per annum) and therefore for 6 months, it will be pro-rated by half, see the calculation below-

Interest= 750,000*12%*6/12=750,000*12/100*1/2=N45,000.

However at the moment, you may be offered 12% per annum for N750,000.

@keyman0007, you want to have some understanding of T-bills.
T-bills is short for Treasury Bills and it is classified as a risk-free investment through which the Government borrows money from the public to finance its obligations and also used to mop-up excess cash/ liquidity within the system to manage inflation.

There are two ways to purchase T-bills: Primary market or secondary market. In Nigeria, the CBN has a few accredited primary dealers who are licensed to assist local or foreign investor purchase T-bills. At the Primary market, investors submit different bids through their banks/ licensed dealers. CBN then allocate the Treasury bills first to investors with the lowest bid and allocate up till the offer is fully allocated. Those whose bids are way above the mark, are rejected and the bank return the investor's fund. Primary market can only be accessed twice a month and usually announced by the CBN. The Secondary market however runs 24-7, round the year (during working days of course).

This type of investment is risk-free because Government rarely default on their obligations except there is serious recession and even then payments on T-bills could still be managed. Note that few countries have defaulted on their payment obligations of recent with Greece coming to mind. Nigeria even though going through some revenue dip, still has her GDP growing slightly and with the leaders gearing up to re-position the country back to the path of greatness, the country is highly unlikely to default.

Visit www.angelstartups.com.ng/fixedincome to access the secondary market and for more information on Nigeria T-bills.

@Daddi, you want to find out how to buy from the secondary market and why yields seem to be crashing at the moment and when it will start to go up.
Visit www.angelstartups.com.ng/fixedincome to access the secondary market 24-7, round the year.
Someone tried to explain to you why rates are lower than what you have in September (for example): It is simply the market reaction to TSA and CRR. TSA is the Treasury Single Account, CRR is the Cash Reserve Ratio.
First who are the majors in the market? The commercial banks, the Pension funds, the Insurance Companies and a few Money Market Managers. They are the big players in Nigeria that have the liquidity/ cash to play with. When the TSA was enforced recently, commercial banks level of liquidity to play with reduced thereby leading to less demand on T-bills. With less demand comes higher interest offered to investors in T-bills (that's why rates were as high as 14.5% at some point), however the CBN thought it was imperative to lessen the liquidity constraint on banks (so the banks are encouraged to lend to real sector) and reduced the CRR from 31% to 25%, so 6% CRR that was held in CBN Vault, was released to the banks. Then alas, the banks in order to make up for some lost income as a result of TSA had to rush to the safest investment for them with quick income- Treasury Bills. With increased demand for T-bills, the rates had to come down. The market will however correct itself in the short-term as the commercial banks move to close their financial year and liquidity shrinks. Therefore, the T-bills is still a very good investment to consider. Visit www.angelstartups.com.ng/fixedincome for more information.

@internetboy: you said you need further advice.
Read our comment above and you should have added some knowledge to yourself when it comes to T-bills. Also visit www.angelstartups.com.ng/fixedincome to purchase T-bills and you will get the best rate you can find anywhere. It is safe and prompt.
With N15 million, we offer 10.25% for 6 months. With that rate, your interest earnings=
=10%*15,000,000*1/2=N750,000

@jaynert: you asked if 10% is okay on N1m, 9% on N500k?
At Angelstartups Fixed Income, with N500k or N1m for 364 days, we could offer 10%

Visit www.angelstartups.com.ng/fixedincome for up-to-date information on Nigeria T-bills and how to invest in T-bills.

Regards.

Angelstartups Nigeria

Hello chimadele,

Visit www.angelstartups.com.ng for assistance.

Regards.

Hello.

Have you been to www.angelstartups.com.ng for assistance?

Are you an Entrepreneur and seeking funds to bootstrap that BIG IDEA of yours?
Or you are a student (undergraduate/ postgraduate) with Entrepreneurial traits and want to start a micro business on campus (or elsewhere) but lack capital?
You have visited the commercial banks several times but without any green-light due to one collateral issue or the other?
or is it the micro finance banks that you have been to and their bureaucracy is driving you crazy?
Have you met your guardian/ uncles/ aunts for capital, but they seem uninterested in your idea?
You have started your business already but have come against some "Stumbling Blocks"...and need an injection of some capital..?
Are you female and desires to own your own business?
You have a dream, a big one at that! and you know you have to start small but lack start-up capital, because no one seems to believe in you?
Are you about giving up on that idea or Nigeria? Don't give up on Nigeria, Don't give up on yourself!!!

Look no further than PITCH2WIN 2015 COMPETITION! as that dream could become a REALITY soon!...

Grab your phone and Pitch2Win!

Visit www.angelstartups.com.ng for more.

Competition opens till September 30, 2015.

The Journey of a thousand miles begins with a step!!! Start Now!

Hello,

Are you an Entrepreneur and seeking funds to bootstrap that BIG IDEA of yours?
Or you are a student (undergraduate/ postgraduate) with Entrepreneurial traits and want to start a micro business on campus (or elsewhere) but lack capital?
You have visited the commercial banks several times but without any green-light due to one collateral issue or the other?
or is it the micro finance banks that you have been to and their bureaucracy is driving you crazy?
Have you met your guardian/ uncles/ aunts for capital, but they seem uninterested in your idea?
You have started your business already but have come against some "Stumbling Blocks" (made of Dangote Cement perhaps)...and need an injection of some capital..?
Are you female and desires to own your own business?
You have a dream, a big one at that! and you know you have to start small but lack start-up capital, because no one seems to believe in you?
Are you about giving up on that idea or Nigeria? Don't give up on Nigeria, Don't give up on yourself!!!

Look no further than PITCH2WIN 2015 COMPETITION! as that dream could become a REALITY soon!...

Grab your phone and Pitch2Win!

Visit www.angelstartups.com.ng for more.

Competition opens till September 30, 2015.

The Journey of a thousand miles begins NOW!!!

Hello,

Are you passionate about blogging, tweeting on a daily basis and have strong interest in freelancing for a firm that is focused on impacting the Nigerian economy?

Send your basic biodata to recruitment@angelstartups.com.ng and include your expected monthly stipend.

Regards.

Angelstartups Nigeria
Where Entrepreneurs meet Investors

Hello,

Visit www.angelstartups.com.ng to find a potential partner.

Regards.

Hello,

Invest in at least three investments; real estate (a landed property), fixed income like T-bills (yields around 14% per annum at the moment) and a real sector business.

Visit www.angelstartups.com.ng and register as an investor for free to find a solid business to consider. Do not hesitate to contact us for further clarifications.

Cheers.

Thank you @Segxi1960.

We will be glad to bring you on board as long as you will add great value to helping many Nigerian youths find solutions to their business challenges/ capital worries and overall improve their lives.

We are geared to encouraging youths embracing creative thinking and entrepreneurship, rather than looking to taking up 9-5 jobs- we are creating the job creators.

Do send your profile to recruitment@angelstartups.com.ng. Let's see what we could do together to move this great country, Nigeria, forward.

Cheers.

Hello,

That's fine. One of our business analysts will respond to you tomorrow.

Cheers.

Sign up on angelstartups.com.ng as an Entrepreneur and update your profile. It's free. Also send a mail to admin@angelstartups.com.ng so we could take it from there. Include in the subject the topic here.

Regards.

In life, comes various kinds of risks.

In business, comes all types of risks.

For a new concept and brilliant initiative like the one posted here, to reshape the way Nigerian Universities' hostels are built, managed and structured, there will also be risks. The important thing then is not to question the Op's idea/ concept, but to think of all the potential risks that could be associated with the bright idea, and how to mitigate those risks. This is where professionals come into play.

A potentially viable project does not need to have collateral to fly. What is imperative is identifying all the key stakeholders that will be required for such project to be a success, identify risks, apportion risk management, identify financiers, come up with professional proposals, with interesting financial projections that are SMART (Specific, Measurable, Achievable, Realistic and Time-bound), appoint professional parties who will handle the project and sign necessary legal documents. And before you say Huh Rah!, the owner of the concept is smiling to the bank with a good % or royalty as the case may be, based on agreements signed.

Op, be ready to share your idea with serious investors on angelstartups, be willing to hand-over the areas you are not trained to handle to professionals, which means your stake may not necessarily remain 100% anymore. However, protect yourself by ensuring you have a legal adviser when going to talk one-on-one with any interested investor.

We could also directly link you with big financiers, however, all the necessary investment documents must be ready before then.

All the best once more.

Visit www.angelstartups.com.ng for potential partners/ investors.

Also contact us via admin@angelstartups.com.ng for advice.

Regards.

Hello,

Contact us on admin@angelstartups.com.ng for assistance.

Also visit www.angelstartups.com.ng for assistance.

Cheers.

Visit www.angelstartups.com.ng for potential partners/ investors.

Regards.

Hello,

Visit www.angelstartups.com.ng for viable business proposals.

Also contact us via admin@angelstartups.com.ng for advice.

Regards.

Visit www.angelstartups.com.ng for assistance.

Cheers.