₦airaland Forum

freeman67:
I did not ooo. Maybe they'l consider payment on Monday. That's the difference between government investment and private investments in Nigeria. These ones are doing anyhow now because na government work. If na private work they for don do as they suppose since.

I used to think the payments are automated. So apparently someone went on vacation or dealing with personal stuff and these payments have to be postponed. Funny lots.

freeman67:
I did not ooo. Maybe they'l consider payment on Monday. That's the difference between government investment and private investments in Nigeria. These ones are doing anyhow now because na government work. If na private work they for don do as they suppose since.

Is it the government or the agent banks that handle the payment of interest? 🤔

I went to the bank physically to submit my bid. I don't know how to buy remotely. Though one of the posts here by emmasoft has explained it.

IYGEAL:
I used to think the payments are automated. So apparently someone went on vacation or dealing with personal stuff and these payments have to be postponed. Funny lots.

They decided to pay early this morning, around 4am.

IYGEAL:
They decided to pay early this morning, around 4am.

Yes o just woke up to see the alerts thanks boss

Onboard1:
How did you submit your bid?
I'm not on ground, how will I remotely buy TB?

With Stanbic? Yes, it's possible to do it remotely.

Request for their T-bills bid form (I think you'll also be sent an indemnity form), fill & scan back to them.

Then proceed to fund your Stanbic account for the same amount you want to bid with (minimum ₦100k).

You may get a phone call from them for verbal confirmation.

IYGEAL:
I used to think the payments are automated. So apparently someone went on vacation or dealing with personal stuff and these payments have to be postponed. Funny lots.

They have paid.

I got the alert around 4:20 am.

Oshokhai69:
Is it the government or the agent banks that handle the payment of interest? 🤔

It's handled by CSCS. If you have any issues with the payment of interest and you contact your agent bank, broker of financial house; they will inturn contact CSCS about it on your behalf.

freeman67:
They have paid.

I got the alert around 4:20 am.

Yes. They decided to pay on a Saturday, not bad.

Joyful365:
Please I need investment advice.

I'm kinda stuck investing my USD funds with my bank in like a fixed deposit at 6% with very heavy penalty (80%) if terminated prematurely.

Please I need better alternative as I don't know any and how to go about it. This is my life saving so I'm kinda cautious so I don't lose it. The failure of Heritage bank and the abysmal NDIC coverage is making me have second thoughts about holding my investment in any Nigerian bank.

Is the amount I have too small to invest directly in USD denominated bonds?

If no, please how can I get started?

Please help copy other knowledgeable people here to guide me.

Cc: skydiver01 bfn1 emmasoft

Wait for the naira to stabilize first before you convert. It’s still fluctuating. Dollar investments pay smaller while naira pays higher but you can lose a huge percentage if the naira devalues.

Good evening house,pls I need help.i av an ongoing TB which d tenor ends on Thursday and I like to roll it over immediately.is it possible or I will AV to wait to be credited and apply again? Thks

bfn1:
With Stanbic? Yes, it's possible to do it remotely.

Request for their T-bills bid form (I think you'll also be sent an indemnity form), fill & scan back to them.

Then proceed to fund your Stanbic account for the same amount you want to bid with (minimum ₦100k).

You may get a phone call from them for verbal confirmation.

Thank you 🙏

Can i buy tb from my wema app, i saw this on my bank app, i was thinking of buying 100k worth since thats the minimum....
Is this a good place to buy

Good morning house,pls I need help.i av an ongoing TB which d tenor ends on Thursday and I like to roll it over immediately.is it possible or I will AV to wait to be credited and apply again? Thks

I think you can buy from them if the rates are favourable.

Donsheddy:
Can i buy tb from my wema app, i saw this on my bank app, i was thinking of buying 100k worth since thats the minimum....
Is this a good place to buy

teejay5:
Good morning house,pls I need help.i av an ongoing TB which d tenor ends on Thursday and I like to roll it over immediately.is it possible or I [b]will AV to wait to be credited and apply again? T[/b]hks

That's the answer to your question

Auto rollover is not possible for NTB primary auction

emmasoft:
TREASURY BILLS MADE EASY IT'S A CLICK AWAY!

Get in touch to get started.

Hello emmasoft, I have the app, but cant find the T-Bills section.
How do I get started please.

Also take risk into consideration, if the dollar drops, it affect your capital too

Joyful365:
I checked their terms and it's been so for more than 3 years, that is why I'm worried and that is why I made the original post. I'm just tired of holding funds in a Nigerin bank that if it collapses tomorrow NDIC coverage is very small. If not for the uncertainty that has been created around crypto it seems it would have been better to get usdt and invest in any of the Savings products of centralised exchanges since the returns come in daily and you can terminate at anytime without harsh penalties.

Wondamania:
Hello emmasoft, I have the app, but cant find the T-Bills section.
How do I get started please.

The treasury bill icon is on the dashboard once you login.

See attached with the green arrow to indicate Tbills

Is this a good offer??

Donsheddy:
Is this a good offer??

No, I think you can get a better offer in banks (UBA, FIRST BANK)

vanvickie:
No, I think you can get a better offer in banks (UBA, FIRST BANK)

I dont have an account with any of this banks how do i go about it?

Today's rate

Good day house. Please who can give a review on i-invest app. Will appreciate your response

Good evening guys,

Please is secondary market interest not paid upfront like primary market?

I sent mail to stanbic customer care to buy 182 days treasury bills.

I got a call this morning from them that their bid failed and asked if I would like to buy secondary market. I said okay.

This evening, I got two debit alerts, all from my available balance. One was for sage keeping and another for transaction fee.

But up to now, they've not credited my interest. Is that how it works for secondary market?

Grupo:
Good evening guys,

Please is secondary market interest not paid upfront like primary market?

I sent mail to stanbic customer care to buy 182 days treasury bills.

I got a call this morning from them that their bid failed and asked if I would like to buy secondary market. I said okay.

This evening, I got two debit alerts, all from my available balance. One was for sage keeping and another for transaction fee.

But up to now, they've not credited my interest. Is that how it works for secondary market?

Call them or be calm, u will get it

Grupo:
Good evening guys,

Please is secondary market interest not paid upfront like primary market?

I sent mail to stanbic customer care to buy 182 days treasury bills.

I got a call this morning from them that their bid failed and asked if I would like to buy secondary market. I said okay.

This evening, I got two debit alerts, all from my available balance. One was for sage keeping and another for transaction fee.

But up to now, they've not credited my interest. Is that how it works for secondary market?

What is the Stanbic customer care email address?
Thanks

Grupo:
Good evening guys,

Please is secondary market interest not paid upfront like primary market?

I sent mail to stanbic customer care to buy 182 days treasury bills.

I got a call this morning from them that their bid failed and asked if I would like to buy secondary market. I said okay.

This evening, I got two debit alerts, all from my available balance. One was for sage keeping and another for transaction fee.

But up to now, they've not credited my interest. Is that how it works for secondary market?

So long as you didn't request for reinvestment of interest, you will be credited. Just be patient but if you can't wait, just call them and you will get you response.

Grupo:
Good evening guys,

Please is secondary market interest not paid upfront like primary market?

I sent mail to stanbic customer care to buy 182 days treasury bills.

I got a call this morning from them that their bid failed and asked if I would like to buy secondary market. I said okay.

This evening, I got two debit alerts, all from my available balance. One was for sage keeping and another for transaction fee.

But up to now, they've not credited my interest. Is that how it works for secondary market?

Thanks my people for all the responses.

I was later credited around 2am last night.

Onboard1:
What is the Stanbic customer care email address?
Thanks

customercarenigeria@stanbicibtc.com

Stanbic bid failed.. we move.. it's like I will change from them..
which other bank is suitable pls.. zenith or Access..

freeman67:
So long as you didn't request for reinvestment of interest, you will be credited. Just be patient but if you can't wait, just call them and you will get you response.

freeman67:
So long as you didn't request for reinvestment of interest, you will be credited. Just be patient but if you can't wait, just call them and you will get you response.

good morning brother,
Please what is the percentage for Stanbic secondary bill