Ibukun003:
Stanbic cool...364 days at 18.48%

They are truly the king of primary market.

We wish to inform you that your bid for a Treasury Bill of xxxxxxxxx with reference number 110151002860 was successful. Full details below:

Reference Number: 110151002860
Principal: xxxxxxxxxx
Rate: 18.25%
Tenor: 364 days
Maturity Date: 2018-08-02

Thank you for choosing FirstBank.

NL1960:


Please can you provide the statistical formula?. I will like to store it for future use.

(Principal x 100)/100 - interest or bid rate.

The above gives you an idea of the amount to have in you account.

Interesting!!!!!!!!!

Nothing new.
Scammers everywhere.

This is what you get when you have bad leaders.

Ovie2011:
I was thinking Stanbic IBTC because I don't know if their first bank branches in benin will be friendly at me on this.

Go to the King's square branch.

KolaShangOne:


1. Can you bath with it. I say Yes.

2. Can you wash clothes with it? Rain water is hard water and does not form lather with soap. So it's a bit difficult to wash with it.

3. Cook with it? Drink it? Although some companies have approved WHO certified for drinking certificates but generally, it's not too safe to drink it because of the dye.

Thanks.
That means rain water can wash the dye making the water unsafe for cooking.

Please how safe is the water collected from stone coated aluminum roofing tiles? Can you bath with it, cam you wash clothes or even cook with it?
Thanks.

I have received my interest, FBN.

RIP.

This sounds interesting.
I'm an investor. How do i key in?

Old news. It's been on since January.

FIDELITY24:
pls house I bank with diamond... can I buy tbills through another diamond bank branch or must it be the branch day I opened my account with?

You can buy through another branch.

It will certainly get worse.

@ op.
You forgot to mention the driving school certificate, which you much attach.
I was captured 2 weeks ago.

FIDELITY24:
Please I need help with this questions about the secondary market. 1) can I buy tbills @ the secondary market anytime or is there any specified date or week like in the primary market. 2)Can I get a 300 day and above tenor in d secondary market, considering d removal of 364 tenor by d CBN. I invested 200K in 182 tenor tbills n it will b maturing on the 1st of Sept, so am goin 2 miss d nxt primary auction.

YES to all your questions.

That's not fair.

manie:




FBN will deduct the total amount you bid for, and credit you with the interest after 48 hours. I got a 14.4% for 91days during the last bid, 500k was deducted from my account and the interest of about 17k was paid on Friday 5th August 2015.

True talk.

Is there any constitutional lawyer in the house?
Please does anyone know how we the citizens of this country can make the federal government scrap FRSC?

I think they should be scrapped because they have become a source of nuisance on the road.
Better still, convert them to yellow fever.

This is not Rx 350. This is Rx 330 (2005/2006). I have one.

You need professional (psychiatrist/psychologist) help and a true friend (rare anyway).

I hope this is not the beginning of the end of MTN in Nigeria.
Though attractive, please be cautious. It appears too good to be true. MTN is a stingy company.

ganilat4:
@Desanta,how do I terminate my NTB and what percentage do the Bank deduct.

Write a letter to your bank telling them you want to terminate your NTB.

I usually terminate at maturity instead of rolling over, so I don't get penalized.

The percentage is not fixed. It depends on the rate you bought it and how long you have held it. The bank will do the calculations and let you know before they ho ahead to terminate.

zamirikpo:
Hi guyz
Are there any issues with getting back our principal. Was discussing with a lady who said she won't advice any one to do TB bcoz they dont payback on time.

Is this true @feelamong and others who have done dis before pls advice.

That's a lie.
There are no issues. You get your money immediately.
l have terminated 2 of my NTB this year and I got my money immediately.

Please house,
when you decide not to rollover your investment, is your money paid into your account on the day of maturity or on the next day after maturity?

Good news.

Now we are talking.

Etfash:
Good evening people.
I have a situation. I completed the Tbills form at First Bank HQ in Ilorin today and made it clear that I was bidding for the Primary market of 16th. My account was however debited today.
Please pros, do I have any reason to worry?

No cause for alarm. It's their normal procedure.

gists:
OK. This is coming from someone that is not a guru in anyway.
I am now seriously considering putting a bit of money in T-bills.
To me it looks like the 91 day option is the best.

At 5.1% quarterly, if i roll over everything for 4 quarters (assuming everything remains equal), that translates to about 22% for the complete 365 day (i.e 5.1 compounded over 4 terms of 91 day tenures). But I still have this feeling that i am missing something.

Except if these rates are PA rates

So, gurus pls shed more light as i am about to pull the trigger.

Rates are PA.
So you actually get 5.1% / 4, for the 91 days tenor.