contumely2:


Man of low estate. The butterfly at times, thinks itself a bird just because it flies.

Say the above bunch of codswallop to touts at motor park and not to people here.

There is no dunce in Tbills section.

AngelicBeing:
Lol, the god of mammon doesn't give wealth without repercussions, there's always a price to pay if your wealth is not from your sweat, if it is from the god of mammon, a payday is coming ahead, nothing beats working smart + your hands are clean + avoid sleeping with different random girls ( while your virtues / potentials is been destroyed gradually because of the different women and all the negative energies / badluck some of them carry + do unto others as you want them to do to you / be charitable and help the poor folks around you as much as you can + Have the fear of God in all your dealings = Peace of mind and happiness

Nigsrdumb:
You don't need a huge capital to buy fgn bonds (not fgn savings bond)as earlier suggested.

Here's what I got back from stanbic.

Dear Sir,



We would like to thank you for your interest in Stanbic IBTC Stockbrokers Limited (‘’Stanbic IBTC Stockbrokers”). Please find below a brief introduction to our organization.



Stanbic IBTC Stockbrokers Limited (SISL) is a wholly-owned subsidiary of Stanbic IBTC Holding Plc., and a member of The Standard Bank Group, set up to provide world class stockbroking services to local as well as foreign investors in the Nigerian Capital Market. We are currently the largest stockbroking house in Nigeria with a market share of 19.38% of the value of shares traded on the floor of the Nigerian Stock Exchange based on 2018 trading results. We have also successfully acted as the stockbroker to major primary market transactions in Nigeria.



SISL is also an approved Market Maker of a basket of listed equities on The Nigerian Stock Exchange and the Government Stockbroker to Federal Government Bonds. We are currently promoting Retail Bond trading on floors of The NSE.



A stockbroking account will be opened once you fill all the relevant forms and provide the supporting documents. Please note that the minimum amount required to open a Stock broking account with us is N5million (five million naira) which can be a cheque, transfer of shares already resident with other stock broking firms or a combination of the two. Stanbic IBTC Stockbrokers would then act as stockbroker, the agent on the Exchange, to deal in the stocks selected by the investor while the minimum amount to open a stockbroking account with us for the purpose of FGN bond is N100,000

.



We also offer an on-line dealing service, which enables clients view account details and would also be able to provide e-mail confirmations whenever transactions are executed. With our robust software, you are guaranteed on-line access to your account, which would facilitate easier placing of orders, monitoring of account and review of transaction history.



The under listed items are required to accompany the Completed Individual Account Opening Form:



Means of Identification (National ID card, Permanent Voters card, International Passport or a valid Driver’s license)- the original ID should be sighted at any of our bank branch near you or notarized by a notary public if you reside outside the country.
Passport Photograph
Proof of Address (Copy of a recent utility bill in your name) – the original utility bill should be sighted at any of our bank branch near you or notarized by a notary public if you reside outside the country.
Completed copy of the attached DCS form


Please find below bond quote for the available FGN bond as requested.

Nakedman:


Please can you throw more light on creating the account online and possibly the link.

Note* I have an account with Stanbic.

OgogoroFreak:
I thought that's Fg savings bond?

Generalmerchant:
Kindly confirm if it's Stanbic ibtc stockbrokers you meant. I just started the account opening process. The opening deposit is 5m. But I want to be sure they can buy FGN bonds and not stock.
[Aquote author=needful post=84217147]

Use stanbic brokers if u wanna do FG bond and u can create the account online. Right now, they have 2yrs secondary market Fg bond and 3yrs.

Goodluck.

Diyke4rich:


The problem is that I am not in the country

emmanuelewumi:


Really, I am impressed that you bought those stocks.

Nigerian banks have mastered the art and science of making money in Nigeria, no matter the direction of the economy.

emmanuelewumi:



Very good, you paid N20 million because you bought from the secondary market.

You will need about N100 million to buy FGN bond from the primary market.

With a minimum of $2500 you can also invest in the Eurobond fund of FBN Quest Merchant Bank @ 6%.

You are sure of the preservation of your fund from currency devaluation

TotoNaRubber:
I have a few questions;

1. How do you calculate the yield on bonds. Here you quoted 16.39% coupon and yield of 12.06. What does that mean?

2. Are your interests based on 16.39% or 12.06%?

3. After investing when do you start receiving coupon payments.

4. Do you need to open an account to invest in bonds?

emmanuelewumi:



Congrats, was it FGN bond or FGN savings bond?

ogawisdom:
TB should be reduced to 1 to 2% to force investors to invest in business to create jobs for our economy.

Someone with 50m is hiding in TB for easy money instead of going into real sector. Bad for our economy

dipoolowoo:
One-Month T-Bills Yield Depreciates to 8.74%
https://businesspost.ng/economy/one-month-t-bills-yield-depreciates-to-8-74/

Grupo:


Hahaha. Very risky.

I pity desperate people who will soon lose their money.

Hallenjay:
GHANA MOBILE TB using ordinary mtn card.
We need to reach the govt and see how will can send ds cash across to d needie and get a beta return.

Ecobank TBILL4ALL
Invest on the go
Invest in treasury bills from your mobile phone today. Ecobank makes it possible.

The Ecobank TBILL4ALL is a mobile-money based investment service that allows Ghanaians to purchase and manage Government of Ghana Treasury Bills from their mobile phones. Ecobank Ghana currently offers the service on the MTN mobile money platform.

Ecobank TBill4All is a simple, engaging and interactive self-service which offers a level of convenience that complements your changing lifestyles. With as little as Five Ghana Cedi you too can purchase Government of Ghana 91 and 182 day Treasury bills from your MTN mobile wallet.

To ensure that your money is safe and secure and earns you a good rate of return, register on Ecobank TBill4All today and purchase treasury bills from your mobile phone anywhere any time and enjoy continuous peace of mind.

If you are a first time user dial *770# to register. Once registered, the system will always recognise your user name and grant you access to the product features including Application, the Interest calculator, Rediscount as well as the Terms and Conditions of the service.
The interest calculator allows the prospective customer to have a fair idea of what his/ her investment will earn at maturity. Rates used are those of the previous week and are only indicative and subject to change.
The rediscount functionality of the service allows customers to terminate their investments before maturity. Partial rediscount is currently unavailable on the service. This is to make the product even more user-friendly and less cumbersome.
The purchase of Treasury Bills on the platform is a one-cycle transaction with a minimum investment of five Ghana Cedi. The customer’s mobile money wallet is credited on maturity and customers’ may always reinvest the matured proceeds on the platform.
The product is supported by the Ecobank Call Centre where trained and certified staff are available to provide the requisite support. To contact them call free on short code 3225; Airtel, MTN or Vodafone lines only or on 0302 213 999. To learn more about the service you may also read our Frequently Asked Questions and the Basic Steps for registering for the service and applying for the investment. Terms and conditions apply.
Kindly find below the FAQs

BILL4ALL FAQs
How accurate is the interest calculator?
How would I know that my bill has been purchased?
What numbers can I call when I need further information and clarifications?
Are there any taxes to be paid when I purchase Treasury Bill on the TBill4All platform?
What is the difference between Ecobank TBill4All and the conventional Treasury bill?
Do I need to register before purchasing Treasury Bill on the TBill4All platform?
Yes, you need a one-time registration on the TBill4All platform.

igbizen:

This is not good. Fixed deposit is better then for what I plan to do. At least I know all the money will enter on the date I choose.
Thanks

igbizen:
Hello house
I just want to find out if I can withdraw #30M from my Stanbic MMF at a go. Or do they have maximum withdrawal per day?

bendo75:


When you think it couldn’t get worse now another ridiculous assumption. Someone few days ago was very happy about the fake news from punch that individuals are barred from buying treasury bills because according to him profits from treasury bills are ‘free money’.

Some of us who invest in treasury bills live abroad and you think we are unpatriotic and greedy by lending to our home country to build infrastructures. You think everybody has time to run a business or even knows how to run a business in a risky environment such as Nigeria. The money we lend to government in treasury bills is put into building of infrastructures that employ many Nigerians. You see building of infrastructures from treasury bills funds creates jobs. Indirectly we are creating jobs. Those folks who earn money working in infrastructural projects funded by treasury bills and bonds in turn put that money back into the economy. So treasury bills investors are not unpatriotic and we are not greedy because our country and many of our fellow citizens are benefiting from our investments.

Another point is that I will never put my money into any business in Nigeria while I reside abroad. Even if treasury bills rate goes to 0.00001%, I will never put my hard earned money into any business in Nigeria. Until our govt. in Nigeria creates a friendly business environment, I will be glad to leave my funds in savings account in the country of my residence than to lose them trying to invest in risky businesses back home.

feelamong:


91 days -------7.798%

182 days -----9.00%

364 days -----10%

purleesh:


How about breaking the sum then?

ukay2:
A beg......

Madam Needful and Oga Zamirikpo. ...

Make we no de quarrel. .....a beg

I no se all of una be big Madam and Ogas for una house and office. ..

We are here to make money. ....helping ourselves

This life too sweet to be quarrelling. ......

A merry heart is medicine ......

We are BNSITL. ....brothers and sisters in the Lord...

zamirikpo:


My Bad, I definitely didn't mean every women.

Thanks for ur maturity....it speaks volumes on ur personality, Unlike some olodo we have here.

ukay2:


Sign an email indemnity with them na.

I have one with my bank. .....just email them what u want and it will be effected without your presence

zamirikpo:


By there comments we shall know them. See u calling someone an empty vessel.........when I've been reading all ur post.

If u were a man I would have insulted the living daylights out of u........

But make I respect myself.

Full vessel.

Jesusbabygirl:
Not all woman, that is kind of insulting

ukay2:



Oga just carry your money enter stanbic ibtc bank.....as them FGN Bonds available in the secondary market. ....they will show you all available bonds with their offer and coupon percentages. ......you just choose anyone you like and you will be debited the same date. ......coupon payments will start on the stated date for the bond.

Very simple. .....



The charge for cutodian fees is the koko thing ....

Stanbic ibtc. ...0.05% of your face value investment x number of years of your bond

Afri-invest (what I saw in their website was). .....1% of your face value investment x number of years of your bond.


I think 1m may be OK for stanbic. ...though I didn’t ask them.



A beg my hand de pain me to type. .....

Anyother information could be obtained from the bank. .....don't forgetto ask the real investment guys in the bank

....bye....

UjuJoan2:
Pray for him, love him bla bla bla. That's the typical Nigerian advice for women in dysfunctional relationships.

Yet when I say women stay with abusive men for the wrong reasons, People will become all self righteous.

Nonsense!

Jejebabaa:


Afrinvest is real and strong. 20M is for Secondary market.

Akerewe:
Is it 100,000,000 or 100,000?