₦airaland Forum

Odunharry:
Yes true. Like he said earlier, many people don't have idea. He need to pressure the account officer to get more info from their treasury.

Were you able to bid via your bank? I remember you raised question here also

Most banks don’t want customers to bid.
If you have an account with Meristem, you can bid through them and the minimum amount is 100million

Hello House,
Who can supply a list of reputable Mutual funds and their current yeilds. I have funds with Trustbanc which gives 18.8% and Meristem.
However, Meristem mutual funds yield is ridiculously low and unacceptable @15.38%.
I want to move away from them.
Don’t ask why not move all your funds to Trustbanc. It’s my preference to keep different accounts.
Thanks

MadmaxX489:
Most banks don’t want customers to bid.
If you have an account with Meristem, you can bid through them and the minimum amount is 100million

Are they okay?

MadmaxX489:
Most banks don’t want customers to bid.
If you have an account with Meristem, you can bid through them and the minimum amount is 100million

Yes true... Banks will rather you keep the funds in their fixed deposit or CASA.

Good to hear one can bid via meristem

kristien4:
Na so, thats how i bought dollar and kept it safe 2yrs ago, i never cry finish reach today. Dollar has dropped andvi have lost about 400naira per dollar. Just waiting to see if 2027 election period will give the dollar a little spike, let me sell and count my loses...

You didn't invest it? Even without the dropping, you would have been losing value due to inflation.

NSEstudent:
Good advice but for the records you cannot literally lose 100% in TBs except if you lost principal and coupon. The value may decrease but definitely not by 100%.

What you mean could be that you would have made more than 100% elsewhere. The only time you lose 100% of your money market investment is if the issuer refuses to pay coupons and principals. In other investment markets, however, it's different.

They are most likely talking about value. People who had a very high percentage of their investment in naira assets except some assets that are resistant to devaluation - lost serious value. Their advice is on point - always consider keeping some investments in non naira denomination.

The person is clearly talking about a 10 to 15 year window. Naira was doing pretty well in GEJ's time. The wise ones were converting some to Forex and also investing them. Hedge your investments.

Can someone confirm if there is a T-bill auction tomorrow - September 2nd, 2026?

Yes and there is also one next week 9th September. After that is 23 September

Timmi:
Can someone confirm if there is a T-bill auction tomorrow - September 2nd, 2026?

Good afternoon everyone from Nigeria and over the world

skydiver01:

Drop 365days

Had 2 maturity 2 day, one dropped since 10am and the other is still hanging.

Any idea why that can happen

RayRay06677:
Had 2 maturity 2 day, one dropped since 10am and the other is still handing.

Any idea why that can happen

tax recovery by Jagaba

Educationalserv:
tax recovery by Jagaba

Good evening my beloved friend, I missed you.

Welcome back.

Find below. It appears the quarterly bond issuance calendars have been re-enacted. Next Auction is 14 September

RayRay06677:
please kindly share here once its out, thanks

skydiver01:
Find below. It appears the quarterly bond issuance calendars have been re-enacted. Next Auction is 14 September

Thanks

Educationalserv:
tax recovery by Jagaba

Oga Ahib, how far na? Long time. E be like say na 100 years ban that your old monicker collect. How your nemesis Lazy Youth dey na? It’s been quite some time. That guy really show you pepper

MadmaxX489:
Hello House,
Who can supply a list of reputable Mutual funds and their current yeilds. I have funds with Trustbanc which gives 18.8% and Meristem.
However, Meristem mutual funds yield is ridiculously low and unacceptable @15.38%.
I want to move away from them.
Don’t ask why not move all your funds to Trustbanc. It’s my preference to keep different accounts.
Thanks

Check I-invest . Seems to be the highest at 19% . Using them currentlyn

skydiver01:
Yes and there is also one next week 9th September. After that is 23 September

I’m currently at the bank and there’s know primary market this week, I was told next week.

The NTB issue calendar states tomorrow

blkmum700:
I’m currently at the bank and there’s know primary market this week, I was told next week.

skydiver01:
The NTB issue calendar states tomorrow

Thanks , I will have to go back today , the lady that attended to me is not serious.

blkmum700:
I’m currently at the bank and there’s know primary market this week, I was told next week.

What do you mean by ‘there’s know primary market this week’? You sure say you pass WAEC English? 🤔

A SHORT NOTE FOR NEWBIES (PROSPECTIVE IPO SUBSCRIBERS)

Before you jump into any IPO because of the noise and hype, don’t forget your investment objective.

An IPO can be a good investment, but remember:

If you are not investing for the long term, be careful with IPOs. You may be disappointed by short-term price movements.

Even a fundamentally strong company can see its share price fall. Many factors influence stock prices, and good fundamentals don't guarantee the price will always go up.

Invest only with money you can afford to leave invested. Don't use school fees, rent, emergency funds, or other money with immediate obligations simply because you believe the share price will rise.

Remember: stock prices move in two directions, i.e., UP and DOWN
Macroeconomic conditions, government policies, interest rates, market sentiment, company performance, and even rumours can affect share prices positively or negatively.

If your risk tolerance is low, don't rush into stocks. Start with investments that match your risk appetite and gradually build your knowledge and confidence.

This is not to say that buying an IPO or investing in stocks is a bad investment. Far from it. The key is to do your due diligence and make your investment decision based on your objective, risk tolerance and investment horizon, not hype.

For the Dangote Refinery IPO: you will need a CHN (Clearing House Number) and CSCS account number to hold the shares. These are typically obtained through a stockbroker by opening a CSCS/trading account. Even if you subscribe through an online platform, you still need the relevant CSCS details for the shares to be properly credited to you.

The goal is not just to make money. The goal is to make money without tears.

Invest wisely. Do your due diligence. Don't invest because everyone else is doing it.

Invest because you know why and how.

I wish you all a portfolio turned green in the days ahead!

Auction result.
Another drop in yield for the 364day tenure.

Continuous effort to bring down yields resulting in many failed bids and lower amounts allotted despite the over subscription at higher bid rates

skydiver01:
Find below. It appears the quarterly bond issuance calendars have been re-enacted. Next Auction is 14 September

MadmaxX489:
Hello House,
Who can supply a list of reputable Mutual funds and their current yeilds. I have funds with Trustbanc which gives 18.8% and Meristem.
However, Meristem mutual funds yield is ridiculously low and unacceptable @15.38%.
I want to move away from them.
Don’t ask why not move all your funds to Trustbanc. It’s my preference to keep different accounts.
Thanks

Providing the list is a service; you can DYOR or pay someone to do it.

Educationalserv:
tax recovery by Jagaba

Oga Ahib, you don buy Dangote shares? Abi na only T Bills you prefer? 🤔

Wotowotoman:
Oga Ahib, you don buy Dangote shares? Abi na only T Bills you prefer? 🤔

Well, from the grapevine, l heard that Ahib bought shares worth 14 Billion Naira from Dangote shares , don't tell anyone else oooooo hahaha 😂

AngelicBeing:
Well, from the grapevine, l heard that Ahib bought shares worth 14 Billion Naira from Dangote shares , don't tell anyone else oooooo hahaha 😂

Why una de look for Ahib trouble now?

Is it wise to get a loan for the ongoing IPO as granted by UBA?