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Treasury Bills In Nigeria - Investment (482) - 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 Nobody: 10:52am On Feb 28, 2018
Does anyone knows the current FBN rate I have spare money I can lend FG grin
Re: Treasury Bills In Nigeria by shegonchy(m): 11:11am On Feb 28, 2018
Pls for we newbies that is interested in the treasury bill. Pls can someone advice on how to go about it since there is a recent bid. How can someone with less than a million also tap into the recent bid. Thanks in anticipation
Re: Treasury Bills In Nigeria by juicyinn: 11:17am On Feb 28, 2018
lowkey28:
Does anyone knows the current FBN rate I have spare money I can lend FG grin

13.5% for 142days for secondary market
Re: Treasury Bills In Nigeria by megacontrol(m): 11:23am On Feb 28, 2018
You have made a good decision based on what you want in the investment, don't feel bad or seek justification in other people that may be in one or the other for different reason
I am vested in both and honestly don't see what the fuss is about with all the comparisons.

If you have opted for MMF, then great!
As you mentioned you can monitor and see your earnings daily. Other pros include: compound interest, ability to terminate anytime after the mandatory period (30days i think), higher % (presently), top up as you mentioned etc.

cybertek:


I am new to this and i decided to go for MMF, since i can monitor my earnings and i can add more money to it when i have.. pls what make TB better than MMF??

1 Like

Re: Treasury Bills In Nigeria by jobgbemi(m): 11:23am On Feb 28, 2018
freeman67:


It should be today.. Maybe they forgot and left the money if not first bank on normal days will debit you immediately you make the request but for other banks they'll debit tomorrow.

Thanks bro. I have been debited now but i was debited a #100,000 more than i applied for. What can I do??
Re: Treasury Bills In Nigeria by megacontrol(m): 11:25am On Feb 28, 2018
LOLZ! as you couldn't say it nah, someone had to help you.

NL1960:


cheesy cheesy cheesy cheesy
Re: Treasury Bills In Nigeria by TONY56: 11:28am On Feb 28, 2018
cybertek:


I am new to this and i decided to go for MMF, since i can monitor my earnings and i can add more money to it when i have.. pls what make TB better than MMF??


The reasons why I prefer TB to MMF has been overstated in my previous posts. I even explained some on this very page. I am suprised that you quoted my post to chukzyfcbb in your post, yet you could'nt see some of the reasons there. Na wa o. So please go back and read it.

Apart from my posts in this regard, many other people have explained on this thread why they PREFER NTB to MMF. Mind you, one man''s meat may be another man poison.
The choice is yours to make maybe after weighing the pros and cons since the money is also yours
Re: Treasury Bills In Nigeria by jobgbemi(m): 11:41am On Feb 28, 2018
I have been debited but i was debited #800,000 instead of #700,000 that I instructed. What can i do? I am actually not around to enter the bank where i applied
Re: Treasury Bills In Nigeria by freeman67: 11:58am On Feb 28, 2018
jobgbemi:
I have been debited but i was debited #800,000 instead of #700,000 that I instructed. What can i do? I am actually not around to enter the bank where i applied

You either call the customer care or mail firstcontact@firstbankofnigeria.com with the details of your transaction. I believe you will get a reply on the reasons why it's so and maybe rectify it. Since you not close to the bank right now.
Re: Treasury Bills In Nigeria by Nobody: 12:44pm On Feb 28, 2018
juicyinn:


13.5% for 142days for secondary market

Thanks Sir. Lemme walk into the bank.
Re: Treasury Bills In Nigeria by cybertek(m): 1:32pm On Feb 28, 2018
megacontrol:
You have made a good decision based on what you want in the investment, don't feel bad or seek justification in other people that may be in one or the other for different reason
I am vested in both and honestly don't see what the fuss is about with all the comparisons.

If you have opted for MMF, then great!
As you mentioned you can monitor and see your earnings daily. Other pros include: compound interest, ability to terminate anytime after the mandatory period (30days i think), higher % (presently), top up as you mentioned etc.


Thanks i appreciate
Re: Treasury Bills In Nigeria by cybertek(m): 1:36pm On Feb 28, 2018
TONY56:



The reasons why I prefer TB to MMF has been overstated in my previous posts. I even explained some on this very page. I am suprised that you quoted my post to chukzyfcbb in your post, yet you could'nt see some of the reasons there. Na wa o. So please go back and read it.

Apart from my posts in this regard, many other people have explained on this thread why they PREFER NTB to MMF. Mind you, one man''s meat may be another man poison.
The choice is yours to make maybe after weighing the pros and cons since the money is also yours

I started frm page 1 and had to skip some pages. I asked cos i felt like u can advise on which to go for. Thanks
Re: Treasury Bills In Nigeria by TONY56: 2:42pm On Feb 28, 2018
cybertek:


I started frm page 1 and had to skip some pages. I asked cos i felt like u can advise on which to go for. Thanks


I think it's not right for me or anyone to advise you on which to go for because people who choose either of the two do so for different personal reasons. Just as I concluded in my last post "one man''s meat may be another man''s poison".

What you need to do is to compare and contrast the advantages and disadvantages of both and decide which one fits your need.

I have given my own reasons for preferring TB to MMF in my posts not too long ago and that does not really mean that TB is better than MMF, but it's simply my choice of the two that fits my needs as an investor.

I will try to look for the page I posted it and feed you back accordingly if you really want to know my personal reasons.

4 Likes

Re: Treasury Bills In Nigeria by cybertek(m): 3:28pm On Feb 28, 2018
TONY56:



I think it's not right for me or anyone to advise you on which to go for because people who choose either of the two do so for different personal reasons. Just as I concluded in my last post "one man''s meat may be another man''s poison".

What you need to do is to compare and contrast the advantages and disadvantages of both and decide which one fits your need.

I have given my own reasons for preferring TB to MMF in my posts not too long ago and that does not really mean that TB is better than MMF, but it's simply my choice of the two that fits my needs as an investor.

I will try to look for the page I posted it and feed you back accordingly if you really want to know my personal reasons.


ok thanks
Re: Treasury Bills In Nigeria by lancee(m): 3:56pm On Feb 28, 2018
Any info / update. about today's T..bills
No deb alert yet
Re: Treasury Bills In Nigeria by ihedioramma: 4:27pm On Feb 28, 2018
emmanuelewumi:


That is none of your business.
Please who are you sir/ma ? grin
Re: Treasury Bills In Nigeria by TONY56: 4:27pm On Feb 28, 2018
cybertek:


ok thanks


Yes. I have seen some of my previous posts where I subtly gave reasons why I prefer Treasury Bills to MMF. You can read them on the following pages if you need them:

Pages: 450@ 4:45pm on Jan 05 2018;
460@ 6:38pm on Jan 22 2018;
468@ 5:06am on Feb 08 2018;
470@ 1:06am on Feb 12 2018 &
480@ 7:36pm on Feb 26 2018.

3 Likes

Re: Treasury Bills In Nigeria by TONY56: 4:31pm On Feb 28, 2018
lancee:
Any info / update. about today's T..bills
No deb alert yet


cheesy grin grin
Hmmmmmm
If your bank is not First Bank or you have not been debited by your bank before the commencement of the bidding today, better don't expect any debit today until either tomorrow of next.
Re: Treasury Bills In Nigeria by NL1960: 4:59pm On Feb 28, 2018
ihedioramma:
Please who are you sir/ma ? grin

I could not reply your PM i saw in my mail. I now decided to also send a PM. I do not know if Nairaland PM does not work.

Btw, Pa Ewumi is Baba Landlord 1 of Lagos. cheesy grin
Re: Treasury Bills In Nigeria by ihedioramma: 5:03pm On Feb 28, 2018
.
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:21pm On Feb 28, 2018
NL1960:


I could not reply your PM i saw in my mail. I now decided to also send a PM. I do not know if Nairaland PM does not work.

Btw, Pa Ewumi is Baba Landlord 1 of Lagos. cheesy grin


I am sure, you were very active on SMN
Re: Treasury Bills In Nigeria by NL1960: 5:26pm On Feb 28, 2018
emmanuelewumi:



I am sure, you were very active on SMN

Yes o. Unfortunately, Seun allowed that site to die.
Re: Treasury Bills In Nigeria by Seun(m): 5:34pm On Feb 28, 2018
NL1960:


Yes o. Unfortunately, Seun allowed that site to die.
I'm sorry. The forum script was so old and unfamiliar and I had no time to really manage it. And this section is loaded with scammers, sadly.

2 Likes 3 Shares

Re: Treasury Bills In Nigeria by lancee(m): 5:43pm On Feb 28, 2018
TONY56:



cheesy grin grin
Hmmmmmm
If your bank is not First Bank or you have not been debited by your bank before the commencement of the bidding today, better don't expect any debit today until either tomorrow of next.


ok sir ..will watch for morrow /fri
Re: Treasury Bills In Nigeria by Ikmontana1: 5:51pm On Feb 28, 2018
juicyinn:


13.5% for 142days for secondary market
pls any1, wat is d current rate of tbills at FBN for primary market..??
Re: Treasury Bills In Nigeria by Sun2Jack: 7:05am On Mar 01, 2018
What is the TB rate for this week?
Re: Treasury Bills In Nigeria by Amypriti(f): 7:56am On Mar 01, 2018
I thought tb primary market auction was scheduled for yesterday... Or no auction this week
Re: Treasury Bills In Nigeria by meetchandus(m): 8:30am On Mar 01, 2018
ihedioramma:
How much is there school fees ?

Amebo....Lol

3 Likes

Re: Treasury Bills In Nigeria by ImperialCovfefe: 8:59am On Mar 01, 2018
Here you go.

Re: Treasury Bills In Nigeria by TONY56: 9:40am On Mar 01, 2018
ImperialCovfefe:
Here you go.



Hmmmmmm. The way this stop rates are going, I won't be surprised if the stop rate for 182days is higher than that of 364days next two weeks.
The demand for it is becoming astronomical compared with available offer. Even yesterday, they were more or less equally-very very infinitesimal 0.0001% difference.
Re: Treasury Bills In Nigeria by Agbaletu: 10:25am On Mar 01, 2018
182 and 364 days almost tied...it can be summarily put that they actually tied by the time one calculates the interest.
Re: Treasury Bills In Nigeria by Happyfellow147: 10:39am On Mar 01, 2018
I'm yet to receive credit alert.
My investment period has lapsed

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