Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 7:39pm On May 15, 2025 |
Foodempire: Pls how can I can fund my stanbic money market account without going to stanbic bank? Do they have an account number one can transfer to like fbnquest does?, if yes kindly share the account number. Thanks. Simply use the BluNest app |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 2:54pm On May 15, 2025 |
DAramis: If you solve the pressing need, the money is gone forever but if you invest it and use it to get a loan, it is still your money. Let's assume you have 10m and buy a car of 5m, you will be left with 5m. But if you put the 10m in MF and get a loan of 5m, you will buy the car while still getting roughly 2m per year from your investment. In roughly 4/5 years, you will pay back the loan while still keeping the car and your invested money
CC emmaodet For those with financial discipline, this approach may not be beneficial. I'd rather leverage compound interest and use the accrued interest to cover essential expenses, rather than depleting my savings. With this, I'll be avoiding loan & interest payment. Unless I'm borrowing a huge chunk for business purposes I don't see any gain in keeping/investing my money for a lesser ROI% then take a loan at a higher interest to settle needs. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 9:24am On May 13, 2025 |
I'm still struggling to see the financial gain in keeping my money in MMF that fluctuate between 19-22% or buying a sukuk @19.75%, then apply to get a loan at above 28%.
From my layman judgement, isn't it better to use my fund to solve the pressing need rather than keep it in MMF or bonds?
I would love to be enlightened on the benefits of taking the loan. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 9:25am On May 12, 2025 |
Interested felas only
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Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 5:47pm On Feb 19, 2025 |
Odunharry: Dangote Sugar Refinery and Access bank commercial bank is currently on and closing tomorrow.
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Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 1:19pm On Feb 19, 2025 |
Fynebouy: Why are you expecting the rate to tank? Based on the current inflation figure. Inflation has dropped to 24.48 from 34.80 due to rebasing of the Consumer Price Index (CPI) - as released by National Bureau of Statistics (NBS). Expect sub 19% for 1yr TB. |
Travel › Re: Usa Visit Visa Part 5 by DigitalMallam: 6:24pm On Jan 02, 2025 |
Dear All,
Please the new policy to visit US Embassy Lagos office for documents review before the visa interview proper. Does it apply to those who already picked interview date.
I picked interview date sometimes in December, and I'm scheduled to go for visa interview next week.
Someone hinted me I have to go for documents review at the Lagos office before my interview date |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 4:34pm On Jul 29, 2024 |
awesomeJ: Why do you like bonds this much na.
Just a suggestion o, I think you should rebalance your portfolio. Add some stocks.
You seem to be a long term person, why not add some good dividend paying stocks that would do like 8% in dividends and may still do up to 2000% in capital gains over the lifetime of those bonds.
SEPLAT trades for around $2.4 but pays $0.03 every quarter. That's 5% annualized.
But check the prices on July 25th 2023 vs July 26th 2024, The capital gains is about 134%.
Over the past 5 years, the only bellwether on NGX that's losing is NESTLE. It was overpriced to begin with though.
I understand you have your reasons and and I'm not suggesting they aren't awesome. I just feel you should be getting more returns . It's sort of paining me 😁😁.
Just maybe consider pushing 20% of your bond portfolio to other asset classes with capital gains potentials sha: stocks, euro bonds, gold etc.
Except of course these asset classes already have a significant weighting in your overall portfolio.
Again, you don't have to take this seriously, it may be someone else who finds it useful, now or later. On the bolded, I happen to be in this category, most of my investments are in Bond and MMF - I also love to play long term. I recently opted out of EuroBond and converted to Naira having done x5. Looking for a good stock to enter now and wait for about 10yrs. Can I buy Seplat at the current rate? I also checked and noticed it's priced in NGN - how are they paying dividends in USD. Much appreciated if you can reply |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 7:37pm On Apr 05, 2024 |
Omotolani513: @DFPS Please do you mind sharing the rate you got with Stanbic. Thank you You can try CP too, there are couple of them out there still available with even better rate than TB.
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Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 7:14pm On Nov 28, 2023 |
freeman67: He is not looking to make a new investment, he talking about the already subscribed SUKUK VI.
There are other CP's with higher rates; like SKDL and Robust international with coronation. My issues with TB is the sudden 10% WHT they are deducting from accrued interest these days. Thanks, I didn't read the request well. I did Sukuk V last yr. It took approximately a month before the advice came through. I remember calling my broker repeatedly and they had to explain the process. Until the DMO aggregate the subscription and announce % over/under subscription in a press statement - which take btw 2-3weeks. Individual investor will have to wait. More importantly, one won't get the exact amount subscribe, as it's usually oversubscribed to, another one week will pass before your excess money will be credited to your account. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 6:24pm On Nov 28, 2023 |
keeper303: Please anyone with information about the 6th fgn sukuk bond? I have not heard any news since I made payment. That should be next year September. It's done yearly based on past occurrences. You should have tried MTN CP @16%, ended just yesterday. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 8:52pm On Aug 01, 2023 |
abraolas1: Hi All,
Is there any dollar instrument, account or funds one can invest in with better interest rate or dividend
Not looking at fintech in this instance , any advice will be appreciated . Banks and other reputable financial houses do USD Euro Bond (btw 5 - 6% interest pa). Try United Capital PLC. You won't regret diversifying your portfolio |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 8:44pm On Aug 01, 2023 |
spencekat: It will keep on increasing till we reduce our dependence on importation generally. But what is other W/A countries doing differently from Nigeria. Few years back 1k Naira is about 2.5k CFA Franc. Today 1CFRA Franc = N1.29 Yet Benin Republic economy depends largely on what happens in Nigeria, they also import virtually everything they consume just like Nigeria. Why is FX pressure not felt as much as we have in Nigeria? I honestly need to know what they are doing right which Nigeria don't do. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 6:00pm On Jul 08, 2023 |
Fyabdul: Account number: 0024904846
Account Name: SISL/FGN SAVINGS BOND
Bank: Stanbic IBTC Bank Plc
Good evening all. Please how authentic is this above account? I received a mail that FGN Bond for 2 and 3 years are available and will close by Friday. I don't have cscs account yet but said I can still bid. Please advice me. This is in the public domain, check DMO website monthly. To participate, walk into your bank to fill the form.
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Investment › Re: Crypto Currency Investors Thread by DigitalMallam: 6:47pm On Jul 05, 2023 |
Starboytwo: I’m looking to divest my BCH(all) for lite coin.
1- cuz of the halving I’ve heard so much talked about coming up in a months time and it’s very cheap at the moment, about $100.
For BCH, I’ve read a couple of things online and mostly, they all talked about the price going back to previous low or something of such. And it’s really been down for a couple of days. Can or will it’s still go up?
Is this a smart move or just chill and watch? You've been lucky enough to get in early, sell the fuckin BCH & lay ambush for another free fall. It's surely going back to status quo. And for the LTC, it might not rise quickly as you wish. Have you ever heard of "Buy the rumor, sell the news" - the hype is already factored into the price you see now. Go and read about ADALTC price will rise if you are willing to wait, wait and wait. This game favors only the patient dog. But what do I know - things might just turns out the opposite of the gibberish I just wrote |
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Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 3:51pm On Jun 16, 2023 |
feelamong: Send an email to this guy...he will sort this out for you
ootenaike@cscs.ng Thank you sir. Said my payment returned with invalid nuban no. Will sort that out. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 3:49pm On Jun 16, 2023 |
primzi: @Feelamong, you are doing a great job and i really appreciate your efforts (sure a lotta others do too) thanks men! keep up the good work and GOD bless. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 5:18pm On Jun 15, 2023 |
DigitalMallam: Yet to get mine Still can't fathom reason behind this (sukuk v rentals due since June 2nd). CSCS and my broker ain't saying much. Keep telling me they are checking.. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 8:20pm On Jun 07, 2023 |
Foodempire: Same here! God bless the Federal Republic of Nigeria and may we all reap bountifully in her harvest. Yet to get mine |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 11:38am On May 11, 2023 |
Foodempire: As seen online.... A moratorium is a pause on payments for a certain period of time. The reason is typically financial hardship and the period of the moratorium is agreed upon with the lender. Knowing the difference between grace periods and moratoriums, and utilizing them appropriately can help with financial planning strategies. From a colleague "..after 2yrs of purchase, one will be getting part-principal repayment on the bond. Hence the value of the coupon reduces over time " |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 8:58pm On May 10, 2023 |
Apitch: Is my eyes paining me or am I seeing a 24-months moratorium? Could you please shed more light on this clause. What exactly does it implies? |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 12:37pm On Feb 04, 2023 |
Tohmey: Good day to you all, please help and recomend a legit fixed deposit platform that can yield up 15%-18% per annum with a minimum of 1,000,000 None that is legit. Your best option for now is to go for commercial papers |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 12:05pm On Jan 12, 2023 |
yinkaoke: Please any details about Nigerian breweries CP?? As seen online.. What is the rate?
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Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 10:41am On Dec 30, 2022 |
yungestmoney: Mine hasn't still reflected in portfolio. Yeah, but have received advise from my broker |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 4:32pm On Dec 28, 2022 |
Learner247: @DigitalMallam and @Yungestmoney, if you bought through your stockbroker, you will see it in your portfolio.
I didn't get any email, I just saw it alongside my stocks in my Portfolio. Meanwhile, I got 100% allocation, perhaps because mine was just a modest sum. Many thanks. I've been able to activate and access my CSCS acct, but yet to reflect in my portfolio. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 7:40pm On Dec 27, 2022 |
Learner247: It already reflected in my CSCS since last week Monday or so. Really? I did contact my broker and was advised to be on the lookout for their mail. I was also waiting for some refunds due to the fact that it was oversubscribed. How do I check/access my CSCS account. This is my first Sukuk. |
Investment › Re: Treasury Bills In Nigeria by DigitalMallam: 9:22pm On Dec 05, 2022 |
Published in DMO In The News
The Debt Management Office (DMO) is pleased to inform the public of the successful conclusion of the Issuance of N100 Billion Sovereign Al ’Ijarah Sukuk. The Offer for N100 Billion opened on November 21, 2022 and was supported by wide public sensitization to encourage subscription from diverse investors, particularly the retail investors. The initial Offer size of N100 billion was upsized to N130 billion due to the over 165% Subscription level. The Sukuk was issued at a Rental Rate of 15.64% per annum. |
Investment › Re: Crypto Currency Investors Thread by DigitalMallam: 7:50pm On Nov 05, 2022 |
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Investment › Re: Crypto Currency Investors Thread by DigitalMallam: 7:23am On Dec 04, 2021 |
My akagum is out of this world, only 45% of my bid clicked. Still believe in Wyclef, the record is not over yet... |
Investment › Re: Crypto Currency Investors Thread by DigitalMallam: 6:57am On Nov 28, 2021 |
luvlyoracle: Honestly I really need to know whats giving me the money o Not upto 2hrs ago I converted 10usdt that I don't know where it came from Now this again...if it gets to 10usd 2morro Sunday chicken don sure  Some people must have registered with your referral ID, so each time they buy any coin, you get certain percentage. |
Investment › Re: Crypto Currency Investors Thread by DigitalMallam: 8:04pm On Nov 23, 2021 |
eToro has announced the delisting of Cardano (ADA) and Tron (TRX) trading for United States customers.
In a blog post, the trading platform stated that the halting would take effect from December 26, 2021, while the staking of the tokens would end on December 31, 2021. |