₦airaland Forum

ogawisdom:
TB heading to 25% for 365 days

By march it will be over 25%

Dem no want make una change una Naira to USD again

freeman67:
Please, whoever has TB 1 Qtr 2024 Calender to help me post it here ooo.

**** will update as soon DMO update us**
This is all one can see through CBN=> https://www.cbn.gov.ng/rates/govtsecurities.asp

Hogwarthtrades:
**** will update as soon DMO update us**
This is all one can see through CBN=> https://www.cbn.gov.ng/rates/govtsecurities.asp

Ok. Will be looking out, please.

Thank you.

Interprete

RayRay06677:
Interprete

pretty much stating what imto and other allied firms have been doing since jonathan era. Freelancers/ gig workers/remote workers can testify to this. The conversion rate is still the main thing, if it works for you, you use the IMTO service or you look for another one. This does not equate to holding $30 billion in domicilliary account hostage. Thanks for the info though. I sit to be corrected if my comprehension skill is subpar.

Hogwarthtrades:
pretty much stating what imto and other allied firms have been doing since jonathan era. Freelancers/ gig workers/remote workers can testify to this. The conversion rate is still the main thing, if it works for you, you use the IMTO service or you look for another one. This does not equate to holding $30 billion in domicilliary account hostage. Thanks for the info though. I sit to be corrected if my comprehension skill is subpar.

Me sef need interpretation, it states clearly the dollar wouldn't be paid rather it's equivalent.

Your dollar is your dollar, can only be used abroad or online but that dollarization and funding about to control rate will be limited.

No mind my thinking, I still need clarification, thanks

Hogwarthtrades:
pretty much stating what imto and other allied firms have been doing since jonathan era. Freelancers/ gig workers/remote workers can testify to this. The conversion rate is still the main thing, if it works for you, you use the IMTO service or you look for another one. This does not equate to holding $30 billion in domicilliary account hostage. Thanks for the info though. I sit to be corrected if my comprehension skill is subpar.

As regards to domiciliary account and going by tjose guidelines, I think you'd not be paid in dollar, but its naira equivalence upon request to withdraw. The no-out-bound flow can also be likened to holding the dorm accounts hostage. My question now is are the dollar denominated debit/credit cards issued by local banks still working??

But now we understand CBN were lying few days ago

This APC folks are not humans

Zagee:
As regards to domiciliary account and going by tjose guidelines, I think you'd not be paid in dollar, but its naira equivalence upon request to withdraw. The no-out-bound flow can also be likened to holding the dorm accounts hostage. My question now is are the dollar denominated debit/credit cards issued by local banks still working??

Has nothing to do with domiciliary accounts. If you receive dollar into your dom account, you can withdraw the dollar

If you however receive money through Western union and other IMTOs, you can only be paid in Naira.

RayRay06677:
But now we understand CBN were lying few days ago

This APC folks are not humans

I'm sure you can clearly see circular for IMTOs in the document you shared.

This your desperation to be right is getting embarrassing

Tranquility2345:
Dem no want make una change una Naira to USD again

Exactly

But USD is doing close to 20% monthly, diversification is key in investment sha to reduce uncertainty/risk.

They should stabilise FX for all these to make sense.

TB is risk free

Itsrm:
I'm sure you can clearly see circular for IMTOs in the document you shared.

This your desperation to be right is getting embarrassing

sorry sir

RayRay06677:
But now we understand CBN were lying few days ago

This APC folks are not humans

It seems you are afraid of something?

ogawisdom:
TB heading to 25% for 365 days

By march it will be over 25%

is this an insider information or just beer parlor speculation

Foodempire:
It seems you are afraid of something?

I wonder why he’s so concerned when he claims not to need USD. This same guy claims that he will keep all his money in Naira no matter what. Yeye dey smell

Hamachi:
is this an insider information or just beer parlor speculation

As treasury bills rate is at 19%, do we see increase in rate in the next auction?

Mills55:
As treasury bills rate is at 19%, do we see increase in rate in the next auction?

The big question, i fill form today against next auction will monitor and watch

gare2510:
The big question, i fill form today against next auction will monitor and watch

You would have gone for secondary market. Instead of waiting till next two weeks.

Mills55:
You would have gone for secondary market. Instead of waiting till next two weeks.

Rates i got were between 14 & 15 for 363days

VeeVeeMyLuv:
8.399%

The rates are tumbling down

Please check back in August to November for higher rates

Or in 3 years time.

Oh my gawd 😲

@ Adegokenath

To my greatest surprise, The rates are now heading towards 25%!

This unbelievable

gare2510:
Rates i got were between 14 & 15 for 363days

Anything short of atleast 17% in Secondary market is a no deal for me .

VeeVeeMyLuv:
Oh my gawd 😲

@ Adegokenath

To my greatest surprise, The rates are now heading towards 25%!

This unbelievable

They are all part of the plans to stabilise FX

Can someone advise me, which investment is more profitable at this point
Fixed deposit
Money market
Treasury bills

?

JaySterling:
Can someone advise me, which investment is more profitable at this point
Fixed deposit
Money market
Treasury bills

?

Fixed deposit

Expatiate pls

Wotowotoman:
Fixed deposit

shegoon:
Expatiate pls

Don’t mind me o

For highest returns, It’s obviously T bills, then MMF before fixed deposit.

For flexibility and free access to your money at anytime, it is MMF

RayRay06677:
But now we understand CBN were lying few days ago

This APC folks are not humans

Oga you said you don’t care for USD. Why are you so concerned?

Wotowotoman:
Oga you said you don’t care for USD. Why are you so concerned?

So we share your own or CBN will collect and give me.

Please, how can I buy treasury bills in Nigeria
This is urgent
Make I no go spend this money wey I for take invest

Can I buy directly from CBN (primary market)

Or I should buy through an authorized bank (secondary market) ?

JaySterling:
Please, how can I buy treasury bills in Nigeria
This is urgent
Make I no go spend this money wey I for take invest

Can I buy directly from CBN (primary market)

Or I should buy through an authorized bank (secondary market) ?

No. You can't buy directly from CBN.

Whether you're buying from the primary or secondary market, you have to go through your bank.

VeeVeeMyLuv:
Oh my gawd 😲

@ Adegokenath

To my greatest surprise, The rates are now heading towards 25%!

This unbelievable

Are you sure? Can you share documents showing the rate.