₦airaland Forum

Jean007:
I get some questions o abeg, this Gionee M5 charger go fast charger my phone? ABI makebi leave am to avoid stories that touch

use the charger that come with ur device

yinkaoke:
Hello house,

Please does anyone know about investing in any of the micro finance bank for Fixed deposit; I got their rate guide today and its so high and tempting, I need to know if theirs any risk associated with investing with them.

there rates are 15%, 17% and 18% for fund in the range of N1M - N9M for 90,180, 270 & 360days.

Please any one ever placed funds with them

my advice..... just dont look in their direction

Magnetron:
I've been debited. About 13.2% for 364days tenor, Gtb.
Fair?

from the stop rate, 13% is in the range of 182 days tenor.... as for me.. this poor for 364 days tenor

feelamong:
its gradually coming up..but not yet time to lock in for one year...

Uncle, pls when will it be ripe to lock in for 365 days

Infinitisi:
Treasury Bills:
Stop rate for today's treasury bills Primary Market Auction.
91 days: 10.9752.
182 days: 13.49%.
364 days: 14.40%

Visit Nairametrics.com for more news.

Chisos oooooo!!!! see what i miss!
182 @ 13.49% so sumptuous
364 days @ 14.40% so delicious...
Behold i knock on the door FBN secondary market gbam gbam gbam

good afternoon, my fellow partner in crime.( Tbills hunterz). i need an information. is it possible to submit my tb bid tomorrow before 9am against Wednesday PMA via FBN.. kindly help. thanks

Acidosis:
Please someone should me understand this platform. Seems Sterling bank is the new ponzi scheme in town.

https://www.doubble.ng/#/

how strong is sterling bank to be able to pay out this money for 6, 15 yrs interval

ahiboilandgas:
but underprice stock then sell after election ....when the fdi are back

pls list the underprice stocks... am into stock trading too

ICYMI:
NTB CBN stop rate for last Auction are :
91 days @ 10.85%.

182 days @ 12%.

364 days @ 13%.

why is the rate going down instead of upward trend?

pls i need the confirm tb stop rate of FBN for all tenors. somebody should help. thanks

Akerewe:
thanks a lot for ur guide, I think dey charge a commission for safekeeping which means dey r to keep my investment diligently with dem. perhaps like how many days or months will d certificate be ready

ur certificate is ready 2 days after ur bid was successful and you have recieve ur interest

LadyBeee:
Are the rates the same with all banks?

secondary market rates are not the same across alll banks. but primary market are

Akerewe:
good evening house, what are d necessary steps to follow after a successful tb nd deductions nd interest paid. is it compulsory to collect d hardcopy of tb investment or I should keep it with dem nd ask dem to send me a soft copy via email? gurus in d house over to U

go to the branch you did ur tb and request for your tb proof of investment.
It isnot compulsory to collect but important to have a copy

micos:
Please people in the house I need your help I am newbie in the T- bill investment . I put in for this month T-bill at stanbic bank with 700000k for 92 days but to my surprised I was debited 681326k remaining 19607k please what is percentage .

hmmmm, dont expect big interest on 91 days tenor. what is the tenor % rate?

tolajay:
So I think. Also considering that the previous auction was 13.1%.

Just to be sure...I invested 1.3m and got an interest of 166,889K

By my calculation, it was around 12.8% interest.

based on my calculation..
it is @12.84%, with small charges it reduce to N166,889

tolajay:
Primary bid was successful with FBN for 12.8% for 365 days.

Make I go hustle more change to invest.

12.8% for 364 days is not all that good... 13% will be better

Lovexme:
Interesting...

yeah... i got the same sms.. but i use my card to order immediately and it when through smoothly... the have sent me a debit sms to confirm

Ikmontana1:
n pls bosses ..

for example,

if I request for termination of investment today, aw many days will d process require before ma capital drops in ma account ..??

spoiler alert... If you terminate it, you wont get back your exact 1.1M back. thats the ugly truth

LadyBeee:
I did 1.2m for 60 days and got interest of just 31k. Is something wrong? Or are there banks that can pay higher?

short tenor(days) = small interest
longer tenor(days) = big interest

hollerbaby:
So I did secondary market at stanbic yesterday 11.95 % 122days maturing Feb 14. They had 30.days at 12.5%

what! 30 days @ 12.5%... what a short sweet deal... if na fbn i would just grab it...

acekid109:
I swear, e con be like d 11.11 na scam self, if u no careful u go buy at a more expensive price during there so called promo

bros, are you saying that 11:11 prices will be higher than the prices after the sales has ended?

condomuser:
[s]

The response was for the person who posed a question and not for you. I am not the reason for your problems

then why did you qoute me instead of her! accept your error and move on...
did i tell you i have a problem?

fickyola:
I lost this week bidding at the primary market, fbn said their bidding ends Monday, I just went there today. the banker I meant advice me to buy 352days at 12.86% which I find it a bit okay. I quickly grabbed it. I guess my decision was right

good deal

condomuser:
He didn't divide 100 by 364 but what happened is that you have to inbox me and send me N1000 to break it down , i'm joking.

Wht happened is that, he simply converted the 13.1 into percentage, he then multiplied it by the value of capital, he then divided it by 364 days being the number of days of investment. This is a simplified way that allows you to know the amount of interest generated every day on your investment.

I have seen much more complicated methods of calculation just to arrive with the same results, so thank the guy for simplifying it.

Next time.... Don't struggle with your keyboard to quote what you don't understand...
Did I complain about dividing by 100?

pls house, an upgrade to redmi s2 a good mid range upgrade?

oluwadamilolah:
Thanks so much for this. my question might sound odd I just wanted clarification. please why did u divide 100 by 364

for example using 13.1%
[(13.1/100 * capital)/ 364] * Tenor days

Dreamflyin:
Stanbic just got me confused. Got a free N200k and I fixed in tbills.
I was debited N194,215.89.
Also debited N300 TRN FEE.

And surprisingly, I just got another debit of N3,739.73 SFKP!!

Shocked. 91 days T.bills. What the hell is that, that is more than 50% of the upfront interest?

Please help.
Called customer care, and the gentleman at the other end said he'll get back to me later.

best wait for their response

Internetboy:
Election is around the corner, many investors will pause to invest further during this upcoming election period, due to fear of the unknown. Meanwhile, as demand decreases rate increases. The risk takers & strong minded individuals will make good money this time around.

Expect rates to increase during ending of November and December.

I could mention lot of factors that would necessitate interest rate increment by the CBN.

My TB will mature on 11th November or thereabout. I am projecting to lodge my funds for 364/days on an interest rate of 14.5%-15.5%.

mennnn, will your theory span out?
sjould i be patience for this period?

Akerewe:
good evening great investors, pls what is d relationship between dollars rate and treasury bills rate.?

see Jamb question

Moses247:
na 137k dem pay me o

correct interest value..
small charges don follow chop your sweet deal... bravo

Akerewe:
to me its actually fair cos irs usually 13% or at thereabouts in d primary market in which d different is not much

oga, pls dont quote me wrongly... did u read my post i quoted before u comment?

Moses247:
I just bought T.b of 1.1m at the secondary market for 357days at the rate of 12.8% with First Bank.....hope it's a Good deal

awesome