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Treasury Bills In Nigeria - Investment (375) - Nairaland

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Fixed Deposits Or Treasury Bills, Which Is Better? / Fixed Deposit And Treasury Bill Investments From Abroad / I Need Information On Treasury Bills In Nigeria (2) (3) (4)

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Re: Treasury Bills In Nigeria by 40manlappy: 9:41am On Aug 30, 2017
RealityShot:
OH REALLY?

cheesy grin

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:49am On Aug 30, 2017
Damitimo:


Bro, please is it possible that the rate in one branch of FBN is different from the rate in another branch? I have opted to do 365 days with a FBN branch in abuja here. I was told the bid is today. The money as been taken away from my account since last Wednesday. I hope there is no foul play. Thanks bro

The rates are the same in all their branches nationwide.
Re: Treasury Bills In Nigeria by vitality22(m): 10:10am On Aug 30, 2017
Lillian101:
Tbc wallets available for sale at an affordable price..call or WhatsApp me on:08068193548.Grab ur copy now
SCAMMER, Do you want us to tell you that the Tbc you are holding is worthless? please go elsewhere for this scamming business of yours.

2 Likes

Re: Treasury Bills In Nigeria by Gavrelino123: 11:05am On Aug 30, 2017
vitality22:

SCAMMER, Do you want us to tell you that the Tbc you are holding is worthless? please go elsewhere for this scamming business of yours.
The fool thinks we are Uneducated.....
This fellow has to be blocked...
Re: Treasury Bills In Nigeria by Damolux01(m): 1:54pm On Aug 30, 2017
vitality22:

SCAMMER, Do you want us to tell you that the Tbc you are holding is worthless? please go elsewhere for this scamming business of yours.
If he can sell 1TBC for #50...I'll stock it...but right now...the site sef isn't functioning...
Re: Treasury Bills In Nigeria by Ojix85: 2:42pm On Aug 30, 2017
Hello all,

Has anyone in the house moved huge funds from bank to bank?

How was it done while incurring minimal transaction charges?

I need the information for a relative of mine. Movement is from GTBank to Stanbic, for Tbills purposes.

NOTE: Funds are legit and not dubiously acquired. I had to say this due to money laundering flags that may be raised.

Thank you in advance.
Re: Treasury Bills In Nigeria by zamirikpo(m): 2:57pm On Aug 30, 2017
How much are we looking at......what range......10-20m,20-30m or 1-30billion.

It depends....
Re: Treasury Bills In Nigeria by Investnow2017: 2:59pm On Aug 30, 2017
zamirikpo:
How much are we looking at......what range......10-20m,20-30m or 1-30billion.

It depends....



My question too grin grin grin cheesy
Re: Treasury Bills In Nigeria by Ojix85: 3:03pm On Aug 30, 2017
zamirikpo:
How much are we looking at......what range......10-20m,20-30m or 1-30billion.

It depends....



Thanks bro. Hugh is relative sha. It is huge to me anyway. About 15 million.
Re: Treasury Bills In Nigeria by Ojix85: 3:04pm On Aug 30, 2017
Investnow2017:


My question too grin grin grin cheesy

Was trying not to violate any rules by quoting actual sums.

smiley smiley
Re: Treasury Bills In Nigeria by Investnow2017: 3:27pm On Aug 30, 2017
Ojix85:


Thanks bro. Hugh is relative sha. It is huge to me anyway. About 15 million.

A friend did N14.3m from Fidelity Bank to First Bank a few weeks ago and was charged less than N1,500 or there about. And another did N3m from First Bank to Stanbic and was charged N52.50.

May be they like his face, I don't know cheesy
Re: Treasury Bills In Nigeria by Ojix85: 3:30pm On Aug 30, 2017
Investnow2017:


A friend did N14.3m from Fidelity Bank to First Bank a few weeks ago and was charged less than N1,500 or there about. And another did N3m from First Bank to Stanbic and was charged N52.50.

May be they like his face, I don't know cheesy

Could you please help by asking him how?

Was the transaction electronic or via draft?

Thanks.
Re: Treasury Bills In Nigeria by punae: 4:31pm On Aug 30, 2017
Results for auction out?
Re: Treasury Bills In Nigeria by Investnow2017: 4:34pm On Aug 30, 2017
Ojix85:


Could you please help by asking him how?

Was the transaction electronic or via draft?

Thanks.

He said he simply filled out a Fund Transfer Form and passed it over the counter to the officer in charge. Waited and it was done. But for the one of N3m guess it was electronically via Fidelity Apps which he succeeded in upgrading to transfer as much as N4m at a go in one day.
Re: Treasury Bills In Nigeria by Ojix85: 4:47pm On Aug 30, 2017
Investnow2017:


He said he simply filled out a Fund Transfer Form and passed it over the counter to the officer in charge. Waited and it was done. But for the one of N3m guess it was electronically via Fidelity Apps which he succeeded in upgrading to transfer as much as N4m at a go in one day.




Thanks a million boss. Appreciate
Re: Treasury Bills In Nigeria by solistic: 5:41pm On Aug 30, 2017
Ebunoyeyemi, you are getting it wrong. Don't give wrong information to your boss. He subscribed for 91 days bills and therefore was given the appropriate interest amount. If he subscribed for 365 days bills, he will be given the full amount. You must understand that the rate is per annum (365 days) and therefore if you subscribe for less that that, your interest will be prorated accordingly.
ebunoyeyemi:


Thank you so much, you made it simple and understandable. I asked my boss about TB yesterday and he said he won't do it again, that he did 1M for 91 days and all he got was 30 something thousand. I think he is not aware that the 13% was being divided into 4 and the the remaining 3/4 will be given to him after 364 days.

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 6:10pm On Aug 30, 2017
solistic:
Ebunoyeyemi, you are getting it wrong. Don't give wrong information to your boss. He subscribed for 91 days bills and therefore was given the appropriate interest amount. If he subscribed for 365 days bills, he will be given the full amount. You must understand that the rate is per annum (365 days) and therefore if you subscribe for less that that, your interest will be prorated accordingly.
a Business man cant do tb cos of small returns investing 1 million for 350 daily for 91 days looks stupid ..he can trade daily with that and net 3 k daily trading in computer village ....

2 Likes

Re: Treasury Bills In Nigeria by punae: 6:59pm On Aug 30, 2017
Gurus in the house........Results not out yet?
Re: Treasury Bills In Nigeria by Nobody: 8:29pm On Aug 30, 2017
kycilae:


Mr i too know. Tbill is for money scheduled to used in future or money not ready to use at the moment. I invested because i want to use it when i raduate from sch.
mumu graduate first and learnt how to calculate interest rates and devaluations of Naira over time then u can talk ...who told your tb is for money not needed now which university are u attending small boy?
Re: Treasury Bills In Nigeria by Nobody: 8:47pm On Aug 30, 2017
in 2012 i invested around 13 million naira in tb that about 81000 dollars ,dollar was 160 rate drop to 7 percent per anum around 2015 and pick up around 2017 when my investments was 20 m from compounding ....now do the calculation 20,000,000/360=55,000 dollars i have made a lost of 25000 dollar x360= 9 million naira just becos one useless apc and buhari scattered the naira ....i almost had high bp when the naira peak at 520 i almost died from daily devaluation news ...

2 .if i had just bought dollars and kept and sell @520 x81000 my investments capital will be 42 million naira


3 tb is not risk free there is risk of devalution and low rate

4.am not discouraging any one from tb investment but learn to spread your portfolio (dorm,land,blue chip stock,bond,rents,tb,business,salary)
5. we are hoping the naira to recover to 280 when dangote refinery start work then we are mitigate our loss from devaluation

5 Likes

Re: Treasury Bills In Nigeria by dotcomnamename: 9:27pm On Aug 30, 2017
Alikote:
mumu graduate first and learnt how to calculate interest rates and devaluations of Naira over time then u can talk ...who told your tb is for money not needed now which university are u attending small boy?

So must you insult him by calling him mumu just to prove your point? Smh. I think you are the one that really need to graduate first here! undecided

1 Like

Re: Treasury Bills In Nigeria by emmanuelewumi(m): 9:39pm On Aug 30, 2017
J
Alikote:
a Business man cant do tb cos of small returns investing 1 million for 350 daily for 91 days looks stupid ..he can trade daily with that and net 3 k daily trading in computer village ....

How are you sure that people in this thread don't have other businesses, jobs or investments in other asset classes.
I use my Treasury Bills Investment as collateral for the creation of more wealth.

2 Likes

Re: Treasury Bills In Nigeria by Nobody: 10:05pm On Aug 30, 2017
emmanuelewumi:
J

How are you sure that people in this thread don't have other businesses, jobs or investments in other asset classes.
I use my Treasury Bills Investment as collateral for the creation of more wealth.
am going to respond to u cos your are a veteran in investment ....i was responding to an earlier post where somebody complain that his oga say he will not do tb again cos of low interest that he invested 1 million and was given 30 k interest that is too low .then i commented that a business man will always find the the return on tb low compare to his trading activity..that he can generate 3 k daily trading with 1 million in computer village compare to 365 naira daily from tb...then one small boy till battling asu strike call me MR TOO KNOW ...is that fair
Re: Treasury Bills In Nigeria by SamReinvented: 10:07pm On Aug 30, 2017
This Alikote needs to be banned. Seems he likes to initiate the same arguments over and over. And he does it, trying to abuse and denigrate other people. It's not cool. Do your business in peace, and let other people do their investment in peace. Don't make life unnecessarily hard for yourself.
Re: Treasury Bills In Nigeria by Nobody: 10:07pm On Aug 30, 2017
dotcomnamename:


So must you insult him by calling him mumu just to prove your point? Smh. I think you are the one that really need to graduate first here! undecided
mumu number 2 which one be your own ....a kid calling someone too know is not insult ko which village your appear from
Re: Treasury Bills In Nigeria by Nobody: 10:09pm On Aug 30, 2017
SamReinvented:
This Alikote needs to be banned. Seems he likes to initiate the same arguments over and over. And he does it, trying to abuse and denigrate other people. It's not cool. Do your business in peace, and let other people do their investment in peace. Don't make life unnecessarily hard for yourself.
it doesnt change any thing ban or unban ...nairaland or non
Re: Treasury Bills In Nigeria by Nobody: 10:16pm On Aug 30, 2017
Thank you so much, you made it simple and understandable. I asked my boss about TB yesterday and he said he won't do it again, that he did 1M for 91 days and all he got was 30 something thousand. I think he is not aware that the 13% was being divided into 4 and the the remaining 3/4 will be given to him after 364 days...THIS IS THE POST I WAS referring too but Nigerians with hostile orientation can not hear other people view undecided

2 Likes

Re: Treasury Bills In Nigeria by Keeppushing: 7:59am On Aug 31, 2017
tolajay:
How far? How did it go?


Sorry bro, been away. So I went and met with the customer care who's started by telling me that I need to have an account with them first before I can proceed. I wasn't able to meet with the person in charge of TB. So I have initiated the process of opening acc with them.
Re: Treasury Bills In Nigeria by AkDave1: 8:02am On Aug 31, 2017
Your point well taken. Please let us leave it as it is and continue to share ideas irrespective of social class, Ego or Age.
This is just a simple misunderstanding... My Ogas please no fall my hand!!!


Alikote:
Thank you so much, you made it simple and understandable. I asked my boss about TB yesterday and he said he won't do it again, that he did 1M for 91 days and all he got was 30 something thousand. I think he is not aware that the 13% was being divided into 4 and the the remaining 3/4 will be given to him after 364 days...THIS IS THE POST I WAS referring too but Nigerians with hostile orientation can not hear other people view undecided
Re: Treasury Bills In Nigeria by AkDave1: 8:05am On Aug 31, 2017
Your point well taken. Please let us leave it as it is and continue to share ideas irrespective of social class, Ego or Age.
This is just a simple misunderstanding... My Ogas please no fall my hand!!!

kycilae:


Mr i too know. Tbill is for money scheduled to used in future or money not ready to use at the moment. I invested because i want to use it when i graduate from sch.
Re: Treasury Bills In Nigeria by AkDave1: 8:08am On Aug 31, 2017
MATTERS ARISING!!![font=Lucida Sans Unicode][/font]

Any debit yet?

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