cutedharmee:
Good day everyone. Pls when is the next treasury bill Investment Sir's/Ma's

lalalista:
Treasury bills is now trash. Why should I invest to earn 7% per annum when I have a bank that gives me 15% in 6months in fixed deposit

lalalista:
Treasury bills is now trash. Why should I invest to earn 7% per annum when I have a bank that gives me 15% in 6months in fixed deposit

lalalista:
Treasury bills is now trash. Why should I invest to earn 7% per annum when I have a bank that gives me 15% in 6months in fixed deposit

freeman67:


Just make sure it's a commercial bank and not microfinance bank sha... So they won't be stories that touch. I have been out of TB for a while too. I have Concentrated more on CP even though it's riskier.

Foodempire:
Treasury bills results

lalalista:
it's a microfinance bank that's insured by ndic. What's wrong with a microfinance bank?

richforever123:


NDIC will give you 500,000 if the bank goes bust, Microfinance Banks are a lot more riskier, If the money is huge you are better investing with a SEC regulated firm

richforever123:


NDIC will give you 500,000 if the bank goes bust, Microfinance Banks are a lot more riskier, If the money is huge you are better investing with a SEC regulated firm

lalalista:
please which firms are regulated by sec?

lalalista:
it's a microfinance bank that's insured by ndic. What's wrong with a microfinance bank?

freeman67:


Just make sure it's a commercial bank and not microfinance bank sha... So they won't be stories that touch. I have been out of TB for a while too. I have Concentrated more on CP even though it's riskier.

RayRay06677:


Please what are the risk associated with CP?

freeman67:


Forget that NDIC insurance first. Even for commercial bank it's just about 500k that it covers in case of eventuality. However, since the recapitalisation of the commercial banks during Soludo's era they are now well structured with assets and customers bases that will make them to not just liquidate or vanish existence incase of distress like microfinance banks. The worst that can happen to a commercial bank now is either it is acquired, merged or taken over by Assets Management Cooperation of Nigeria (AMCON). it's only the shareholders that will bear the brunt not customers or people that invested through the bank.

Also, the CBN has its eyes more on the commercial banks than the microfinance. I assume their regulation on microfinance banks to be weak. Since that recapitalisation, a lot of microfinance banks have come and gone. Others are barely existing. If you invest a substantial amount with them, stories might come up when it matures.

Majority of the commercial banks are publicly listed on stock exchange. They are also usually in some sort of securities dealings. This double or tipple the regulation on them; meaning aside CBN'S regulation, they are also regulated by Securities and exchange commission and their books/ reports are opened to public scrutiny. Please which commercial bank offers 15% in fixed deposit?

Adinije:
How long does it take to get debited for T-bills pls. Stanbic hasn't debited for Sep 13th auction.

freeman67:


Contact them to confirm if their/your bid was successful.

Adinije:
Do you have their CS number pls

richforever123:


NDIC will give you 500,000 if the bank goes bust, Microfinance Banks are a lot more riskier, If the money is huge you are better investing with a SEC regulated firm

Oyindamolah:
Why north?

maishai:
https://www.nairaland.com/7827222/rivers-govt-begins-demolition-ait

This is an example of the type of chancing i am talking about in real estate investment, it like there is this virtual ceiling on the profit an outsider can make from property valuations

At every valuation junction there is an agbero waiting patiently to skim his cut, even down to banana island and maitama in abuja

It's like the ownership model is dictated by this guys(family),and d model changes based on the pace of development of the area, No paperwork can escape their tactics

My bane in emphasising this is that most times as a property owner, u dont have the financial muscle to ward them off

If anybody has strategies to overcome this please discuss

emmasoft:

Want dollar mutual fund investment without Dollar?
Norrenberger is the answer
Get in touch for a SEC regulated firm to use.

freeman67:


If I want to get back my investment proceeds in what currency will it be remitted?

emmasoft:


It's in dollars. The conversion from naira to dollar is only at d point of investment.
The operations, returns, redemption or liquidation is in dollars.

Kindly let me know anytime you key in so that the inflow can be booked for me.
Thank you.

Plus10:

What will be their charge if one wants to withdraw/liquidation his or her investment?

Plus10:

What will be their charge if one wants to withdraw/liquidation his or her investment?

jedisco:


It was the locale I was familiar with. Ongoing violence has rendered many parts of suburban Northern states (which traditionally saw the fastest growth) unlivable even for locals. The reverse hs been the case in some parts of the South where folks relocating has pushed up house price.

Overall, Abuja seems to be a safe bet. Relatively safe, more liquidity, rapidly expanding, fair infrastructure, easier to verify the authenticity and less issues with locals compared to elsewhere.