Odunharry:

Take advantage of secondary rates for 357 still at 23.5 yield

Godspeed0:
i though tbill is a year something abi it don turn monthly something everybody just dey ask for next aution make i follow join

Itsrm:


Here

twinskenny:
Did this upgrade yesterday…
From 4 tubular batteries to 7.5kw lithium more juices


For your solar inverter solution let’s talk…

08035153923
08051355133

drealj:
Morning, will auction take place this week

shizzy7:
Hello what's the process of investing in a commercial paper? I Already opened a stanbic investment account but I'm not getting info on cp just their mmf and interest is 11%.
OR
Which is the best bank or investment house for treasury bills and at what rate will it be?

freeman67:


That's good, Afrinvest also does that but they will bill you from all angles possible, they will charge you for the transaction even after the issuer have settled them. Then tell you that the investment is sublet to them because they are stockbrokers and not merchant bank so they have to bill to get their own.

Thus, I prefer merchant banks like FBNQUEST, Coronation and the likes. Coronation usually don't do any other deductions apart from the principal because they are most times either the lead arranger or one of the arrangers and the cost is borne by the issuer from their end. However, on this tax thing, they do not stipulate it on the proof, and when you ask they'll refer you to their mail/advert where it's stated that ' Applicable taxes shall apply except where otherwise exempt'. How I want take the follow up on exempt and none exempted again?

Infact there have been an instance that they have to come me to send them my TIN just when it was close to maturity. That is the only thing I don't fancy about them.

freeman67:


It's dicey somehow. The things to consider are;

No 1. is that you have collected interest upfront when you invested. However, if it's just that, plus and minus will settle it.

No 2. Is that rates have gone higher than what you invested. If the bank is to retail OTC, nobody would want to invest at that low rate now knowing that there are better offer available. So if the rate it is to be resold is considered, you will loose money. You didn't mention the rate you got it and rate they are to resale it but that's how it will be. E.g if you got it at 13% about 2 months ago and the prevailing market rate now is about 15-16%. You will definitely loose money.


Going by the 2 reasons above and the possibility that the money might be big, Liquidating now might cost that much. So it's left for you to decide whether to endure the loss or let the investment run its course.

VeeVeeMyLuv:

If the value of your upfront interest is around 2m

Then hold your peace, go ahead and opt out of the investment.

Nakedman:


The same question I have been asking. What is going on. Investnow has been 9.7% despite tills at 16%. I'll have to pull out my investment and follow tbills

Chikebrain:
Good day house. Seeking your opinion on an investment I made.
I did TB with zenith bank around sept at 9.7% as I thought rate will nosedive below that by the end of the year. Now rate is around 16%. Is it wise to end the TB investment (Taking my loss) and reinvest it hoping rate will be around 16% or more. I've been calculating but the maths is just messing my head up.
Amount invested is XX,000,000

KingAfo:
Don’t give him milk. Ask the seller what he or she feed him and continue before you now introduce diamond.
These are questions you need to ask when buying a dog.
6/10

emmasoft:


@Phraences come over to Investment One stockbrokers for VIP treatment.
To open stock/cscs account for free, click the third link on my signature.
Once your account is opened, you will have access to both web/app platforms to trade stocks on the NGX from any location in the world.

The requirements to open an account:

1. One passport photo
2. ID card which can be a driver's license, voters card, NIN slip, or Int'l passport
3. Utility bill not older than three months. NIN can also be used in place of utility bill if it was not used as a means of identification.
4. Your signature.

Be in touch with my displayed contacts if you need more clarification.

Yungmil:
Don't stress yourself with mmf wahala


Just invest with opay 15 percent /annum

License by cbn and insured by Ndic

CannibalTorment:
Alright

skydiver01:
Kindly find below the NTB Auction results for 30 June, 2023.

Akerewe:
Pls house, what is the current maximum transfer limit per day in Nigeria as @ June 2023

FEGEITOK:
Your thoughts?

It's on the home page today