Yem0350:

It depends on your risk level. Money market fund has the lowest risk level
However, there are more than 2 products for stanbic. We also have
Bond fund
Equity fund
Balance fund
Ethical
Imaan

OgogoroFreak:
Well, wouldn't want to mention the item for personal reasons.

But my ₦15,000,000 gave me roughly $75,000. I got the item at bulk price of $100 each and bulk ship at $10 per item. I sold them here in naija around 68k - 70k each when dollar was almost ₦500.

Agbeni33:
please i need explanation on this issue.

I went to stanbic bank last week(12 /02/2019) for last week auction. i filled the form and it was submitted. the lady said are should come back on the 13th which is the real day for the auction to know the rate at which the TB will be bought.when i got there she told me that she bought the TB from the primary market that i will receive email and debit alert message. since then i didn't see any email message nor debit alert. to my greatest surprise someone else paid money into my account and i discovered that the money i recommended for the TB as been deducted without debit message and email message. my question is, does that mean that my bid as been successful? if yes, why is there no any evidence? the lady attended to me said are should be expecting message since last week. please what is the solution?

HeliosHay:


I never said anyone is dumb. However, you can choose to remain ignorant if you want. There are better ways of doing things and perhaps it's beyond your reality to think it possible to earn such an amount on a monthly basis. It's your choice

Kemade2007:


I walked in to Stanbic bank in my area. Met with the asset management officer. He gave me the form to fill since I don't have account with them.,I went to my bank for transfer to SMMF account then came back with the transfer form.So that's all.

Odunharry:
. I doubt.
. For new subscribers:
*Fill in a subscription form and issue a cheque or
draft for the units applied for.
*Make a draft payable to Stanbic IBTC Money
Market Fund.
*Send your cheque, filled in subscription form and
other documents to any of our offices in Lagos,
Abuja or Port-Harcourt, or any branch of Stanbic
IBTC Bank.
Within five days, we will send you an email
confirming your purchase of units and telling you
how to log into your account.

For existing subscribers :
You can buy additional units using the channels
below:
ATM
Our secure online portal
Quicktellee.
Direct debit.

https://www.stanbicibtcbank.com/Nigeria/Individual/Saving-and-investing/Money-Market-Account

Kemade2007:
Pls house I need your advice on this
I have #300k with Stanbic MMF which gives me #149-#150 per day. My questions are
-should I continue with the MMF or
-redeem it and put it in Treasury bill since I don't need it in the next 6months. Thanks

unite4real:


If you do private banking, yes.

tundebabzy:

I did not have any issues with diamond bank when I bought my tb early this year and they got me at the exact stop rate at the time.

Uzee24:
Please House, does anyone here use Diamond bank for NTB transactions? I submitted a bid at my branch even though I was asked not to specify any rate, I am still yet to hear from dem. I would like to know if anybody on this thread bidded for Feb 15th using Diamond bank and if so, did the person go with the bank rate or specified his/her own rate and what is the outcome?

allhavesinned:


Can someone who's outside Nigeria invest in T-Bill

slimtriggaman:
to the best of my knowledge (Gurus in the house can correct me), there are three major scenarios;

1.) If you go with bank rate, the success or failure of your auction depends solely on the bank

2.) If you go with your personal rate and your rate is higher than CBN stop rate and your bank uses a lower rate within CBN stop rate, your auction would not be successful.

3.) If you go with your personal rate and your rate is higher than the bank rate and lower than CBN stop rate, your auction would be successful, assuming the bank acknowledges your auction request.

locodemy:


Only if you can hear.........run away from FO.......its repeating oando scenario while oando is set now to move.
No be today we dey for this market..........2006 till date no be moi moi.

pressplay411:
On IPOB's invitation not US govt I'm sure.lol

nellybadas:
Please anyone in the house. When will the next treasure bills be sold in 2017

Fynebouy:
Hi all, I have been reading this thread with passion because this year I must not be financially foolish. I must be supernaturally productive and na who no ask dey fall hand...

Please I currently bank with FBN, Eco, & GTB. Pease which of these are the best for TB purchase from the primary market. I am looking at N1.5M for 91 days.

Thanks for the response (s)

40manlappy:


Hi, what is the name of the app that you used to blot out your personal information in the document? Thanks

talktrue1:
Please can someone give me clue on how the application should look like if one wants to bid and when to submit to avoid misplacement.
Or is there a form to fill from the bank. I want to bid through Diamond bank

freeman67, feelamong

freeman67:


That's exactly what they should debit. The interest is calculated per annum not just 91days as it is there.

I will calculate ur transaction above like this....

N1,000,000 ÷ 100 x 13.8 ÷ 365
what you get after solving is the correct interest.
You have been paid all.

If you actually took time to read from beginning you shouldn't miss how its calculated.

freeman67:


Yes you can... but that will be for next auction but if you operate an account with stanbic IBTC you can verify if they have at the secondary market.

BizErikah:
So i just submitted to keystone bank for tbills.
91 days at 13.99% 1.5m.
But I'm nervous d next auction rate might be lower than 13.99

What do you guys suggest? ?
This is my first time investing.

The last rate for 21 dec was 14% stop rate

skimmer01:
. So sorry for the late response I have been busy lately. I will update the details as regards the costs of the project.

whirlwind7:


Take a cue from Spyder880. Be open with such enquiry.
Nothing beats transparency and being a straight shooter in this business.
I actually came across your posts for the very first time today.
If your client forbids you from revealing cost details, then that's a different issue.

Keep it up.

skimmer01:
In box me your email address

Mpeace:
I love FCMB. They just sent the alert. 364days @ 18.5%. What diamond bank refused to do for me, fcmb has done without any stress or call and at my own rate. Had I known I would have since gone with them and avoided diamond bank with their terrible customer relations.

chidebe:
Orogwe is located along Owerri/Onitsha expressway, about five minutes drive from control post