Kingstel:
I need a business minded person...

In Abuja...


Contact me.

What kind of business?

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scam run for your lives, refund my 3k I go free you

Pls can anyone help me calculate this . I intend to buy stanbic mutual funds for my 2kids . 2 million for both kids for 10yrs .I hv tried to calculate the ROI for such period but am not experienced in this . Pls can someone teach me how to calculate it so i will know what I stand to gain on d long run . Thank u

does this really pay?

Why don't you lock it in FGN. Bond for the 10 years and reinvest the interest back in treasury bills

Enyinne:
Pls can anyone help me calculate this . I intend to buy stanbic mutual funds for my 2kids . 2 million for both kids for 10yrs .I hv tried to calculate the ROI for such period but am not experienced in this . Pls can someone teach me how to calculate it so i will know what I stand to gain on d long run . Thank u

Kingstel:
I need a business minded person...

In Abuja...


Contact me.

Please go to business section. This is a Treasury Bills thread in the investment section.

Thank u for the suggestion , i joined this forum cos i lack experience on the best decision based on this investment plan .
What is the percentage interest on FGN bond ? Risk involved compared to Stanbic Mutual fund ?is the interest applied hold for 10yrs or does it varies as time goes on . What will be the value of my money if invested for 10yrs ,let's say at 15% interest rate .
Mathematicians in the house ,pls assist to answer my questions. Am lost .

author=confluence post=62765490]Why don't you lock it in FGN. Bond for the 10 years and reinvest the interest back in treasury bills[/quote]

I will advise you buy TBills for them. Re-invest the upfront interest in TBills too. When it matures, buy TBills again. Do this consistently for the next 10 years and thank me later.

Enyinne:
Pls can anyone help me calculate this . I intend to buy stanbic mutual funds for my 2kids . 2 million for both kids for 10yrs .I hv tried to calculate the ROI for such period but am not experienced in this . Pls can someone teach me how to calculate it so i will know what I stand to gain on d long run . Thank u

Enyinne:
Pls can anyone help me calculate this . I intend to buy stanbic mutual funds for my 2kids . 2 million for both kids for 10yrs .I hv tried to calculate the ROI for such period but am not experienced in this . Pls can someone teach me how to calculate it so i will know what I stand to gain on d long run . Thank u

9 m estimate if rate remain above 15

N2m at 15% interest rate will yield N8m in 10 years time

munezo:
I will advise you buy TBills for them. Re-invest the upfront interest in TBills too. When it matures, buy TBills again. Do this consistently for the next 10 years and thank me later.

N2m at 15% interest rate will yield N8m in 10 years time

Enyinne:
Pls can anyone help me calculate this . I intend to buy stanbic mutual funds for my 2kids . 2 million for both kids for 10yrs .I hv tried to calculate the ROI for such period but am not experienced in this . Pls can someone teach me how to calculate it so i will know what I stand to gain on d long run . Thank u

[Thank u sir . I appreciate . If i can know how to calculate it ,i will appreciate it also.

author=munezo post=62770909]I will advise you buy TBills for them. Re-invest the upfront interest in TBills too. When it matures, buy TBills again. Do this consistently for the next 10 years and thank me later.


[/quote]

Thank u Oga .

quote author=Alikote post=62770968]9 m estimate if rate remain above 15[/quote]

What about tne mutual fund someone mentioned here .since am investing for a long time purpose, don't u all think it might be better?
Make una no vex with my question ,I be JJC.

You can still do TBills for a long term. But if you prefer mutual fund, make sure it is a Money Market Fund only.

Enyinne:
What about tne mutual fund someone mentioned here .since am investing for a long time purpose, don't u all think it might be better?
Make una no vex with my question ,I be JJC.

got 15% 45 days fbn[/quote]

Pls how do u guys do it? Someone said you must invest very huge amounts to get this rate at this short tenure.

Help with some explanations. Can i get this rate with 1mill for 45days?

CBN Sells N48b OMO Bills with Rates Further Declining
https://www.businesspost.ng/2017/11/27/cbn-sells-n48b-omo-bills-rates-declining/

Simply multiply ur principal by 1.15. That will give u ur total revenue per yr. Multiply again by 1.15, that's for the second yr n so on

Enyinne:
[Thank u sir . I appreciate . If i can know how to calculate it ,i will appreciate it also.

author=munezo post=62770909]I will advise you buy TBills for them. Re-invest the upfront interest in TBills too. When it matures, buy TBills again. Do this consistently for the next 10 years and thank me later.

Eddy4400:

got 15% 45 days fbn

Pls how do u guys do it? Someone said you must invest very huge amounts to get this rate at this short tenure.

Help with some explanations. Can i get this rate with 1mill for 45days?

You can get this rate even for a N100k at First Bank. Why not?

Thank u .i now understand it .

quote author=Rizin post=62779772]Simply multiply ur principal by 1.15. That will give u ur total revenue per yr. Multiply again by 1.15, that's for the second yr n so on
[/quote]

Please what is the difference between secondary and primary rates?

I bought treasury bill of 300k for 80days at First bank yesterday and around 7:50am today my account was debited..In the Evening my account was credited with same money..What is d cause?.........That is d msg below....Your Acct 311XXXX894 Has Been Credited with NGN300,000.00 On 28-NOV-2017 16:07:48 By TBILLS:NTB-CUST-OMO CR Ref S600171100004. Bal: NGN302,143.30CR

Fadama, at wat interest rate did u buy?

Overnight Rate Falls to 13.58% Amid Inflows from Retail FX Refunds
https://www.businesspost.ng/2017/11/29/overnight-rate-falls-13-58-amid-inflows-retail-fx-refunds/

MrHighSea:
Fadama, at wat interest rate did u buy?

I bought it at 13% rate

fadamos:
I bought it at 13% rate

If the 12% FBN told me on Monday, 27th was the closing bid approved by CBN. I fear anything higher might fail.
I'm not an expert. Just what I could deduce from previous pages.

Got 92 days at 14% today at First bank.

Good afternoon all.
How market today.
Please what is the current Primary Market interest rate @ First Bank?
Please i need response, it is urgent.

Thanks

NoQualms1:
Got 92 days at 14% today at First bank.

Me too but from Stanbic IBTC Bank.

WhiteChocolate:
Me too but from Stanbic IBTC Bank.

Please is the rate for primary market or secondary market.