₦airaland Forum

Happyfellow147:
I'm yet to receive credit alert.
My investment period has lapsed

Go check your account it could have been dropped without alert.

Just confirm a first bank TB rate of 13.25% for 182days

Thanks sir

freeman67:
Go check your account it could have been dropped without alert.

Just got 12.85 for 98 days at FBN. FIlled the form, got debited instantly and credited after an hour . FBN has been the best for me when it comes to Tbills

Any debits from GTBANK.....Primary Auction...?

lowkey28:
Just got 12.85 for 98 days at FBN. FIlled the form, got debited instantly and credited after an hour . FBN has been the best for me when it comes to Tbills

Missed this offer

emmanuelewumi:
I am sure, you were very active on SMN

pls what does SMN mean?

SpoiltVirgin:
pls what does SMN mean?

Stock Market Nigeria

GODAKPAN:
Missed this offer

Sorry man.

Please has anyone been debited from GTBANK primary Auction?....I still haven't been debited.....I hope my Accounting officer isn't tempting me again this time....
I'm really getting tired of all this...

what bank please?
I have the same situation with FBN.

Happyfellow147:
I'm yet to receive credit alert.
My investment period has lapsed

megacontrol:
what bank please?
I have the same situation with FBN.

Check your email

Bosses in d haus.. pls is it a good move to invest in tbills at GTBank...??

Ikmontana1:
Bosses in d haus..
pls is it a good move to invest in tbills at GTBank...??

Try other banks like fcmb, stanbic etc.....
Gtb way is not pure, i bank with them, i have tbills wirh them and after this i will zoom my investment from there

opomulero:
Try other banks like fcmb, stanbic etc.....
Gtb way is not pure, i bank with them, i have tbills wirh them and after this i will zoom my investment from there

tanx boss

Gavrelino123:
Please has anyone been debited from GTBANK primary Auction?....I still haven't been debited.....I hope my Accounting officer isn't tempting me again this time....
I'm really getting tired of all this...

After sending e- mails and waiting for reply since ..GTB said my T- bills no falls thru o

vitality22:
Bros, now you are getting me seriously scared. I am also in this but in my case, they deduct 50,000 from my salary as a direct debit though its from another insurance company. Its been running for about 3 years now and its meant to run for 5 years.

i had similar experiencd with mutual benefit. i got less than what i contributed.They are just scammers.My account officer is a fraudster and d company is protecting him.

lancee:
After sending e- mails and waiting for reply since ..GTB said my T- bills no falls thru o

I'm suspecting this is the hand work of Account officers...deliberately making our bid to fail...
If not for OGA TONY who gave me the insight last time to follow them up,i wouldn't have participated in the last auction.
Please what do you suggest we do next?

Investors Snub 91-Day T-Bills as CBN Rakes N277b from 259-Day Paper
https://www.businesspost.ng/2018/03/02/investors-snub-91-day-t-bills-cbn-rakes-n277b-259-day-paper/

osayande2012:
i had similar experiencd with mutual benefit. i got less than what i contributed.They are just scammers.My account officer is a fraudster and d company is protecting him.

it's a matter of reading the fine print before you go in, and picking your plan properly. Because if you pick an insurance plan you'll be paying insurance premiums yet the investment returns are quite low. That's why if you terminate short term a loss is certain.

I did mutual benefit for one year and the returns were decent compared to regular savings account. Was a plan of just 10k per month and had no issues liquidating after the one year.

Gavrelino123:
I'm suspecting this is the hand work of Account officers...deliberately making our bid to fail...
If not for OGA TONY who gave me the insight last time to follow them up,i wouldn't have participated in the last auction.
Please what do you suggest we do next?

It could be , cos have told them am not interested in fixed deposit , Have asked for secondary market ..let me see what they will say

Think u just have to change bank or let them know u understand their games

I sent an email using firstonline web interface to the so called RM requesting TB forms. Its been about 2 weeks now, no response no forms.
Gurus in the house, is there a way by which i can get hold of these forms without been physically present at any First Bank's branch?
Thanks in advance for your response.

Immacula8:
I sent an email using firstonline web interface to the so called RM requesting TB forms. Its been about 2 weeks now, no response no forms.
Gurus in the house, is there a way by which i can get hold of these forms without been physically present at any First Bank's branch?
Thanks in advance for your response.

Try firstcontact@firstbankofnigeria.com you should get a reply after 24hrs. Monday morning will be better as today is as good as gone. Just send it very early in the morning before they get to the office.

freeman67:
Try firstcontact@firstbankofnigeria.com you should get a reply after 24hrs. Monday morning will be better as today is as good as gone. Just send it very early in the morning before they get to the office.

Thank you sir.

pls is d secondary market better than d primary market with FBN?

lancee:
It could be , cos have told them am not interested in fixed deposit , Have asked for secondary market ..let me see what they will say

Think u just have to change bank or let them know u understand their games

She said 364 days din't go through.......I still can't verify her claims......was anyone successful in yesterday 364 days tenure..?

Mfunkynation:
pls is d secondary market better than d primary market with FBN?

Yes i think so.

Gavrelino123:
She said 364 days din't go through.......I still can't verify her claims......was anyone successful in yesterday 364 days tenure..?

The lady who told you that your 364 days bid was unsuccessful MUST have told you nothing but the truth.

I am sure you're not alone in this because CBN offered to sell N51Billion worth of Treasury Bills while investors offered to buy N283Billion worth.

The auction was therefore about 455% over subscribed. So only banks that bided low were able to succeed and the stop rate for that tenor was more or less equal to same rate with 182day tenor.

Same is likely to happen next bidding and as I posted yesterday, I won't be surprised if the next stop rate for 182daya is higher than that of 364 days-can you imagine?

If you don't want to settle for a lower tenor next two weeks, then go for the longest tenor you can get at the secondary markets of either First Bank or Stambic that will not be less than 13.5% and it's mostly easier to get very early in the day especially on Mondays

TONY56:
The lady who told you that your 364 days bid was unsuccessful MUST have told you nothing but the truth.

I am sure you're not alone in this because CBN offered to sell N51Billion worth of Treasury Bills while investors offered to buy N283Billion worth.

The auction was therefore about 455% over subscribed. So only banks that bided low were able to succeed and the stop rate for that tenor was more or less equal to same rate with 182day tenor.

Same is likely to happen next bidding and as I posted yesterday, I won't be surprised if the next stop rate for 182daya is higher than that of 364 days-can you imagine?

If you don't want to settle for a lower tenor next two weeks, then go for the longest tenor you can get at the secondary markets of either First Bank or Stambic that will not be less than 13.5% and it's mostly easier to get very early in the day especially on Mondays

i got credited the tbil I did 91 with FBN yesterday. I want to reinvest it in the second quarter of this year, will the rates be high then in secondary market for Q2?

Pharmtj:
i got credited the tbil I did 91 with FBN yesterday. I want to reinvest it in the second quarter of this year, will the rates be high then in secondary market for Q2?

Hmmmmmmm.
Only Baba God can tell.
It depends on a lot of factors many of which can't be foretold. But my feeling is that it's not looking likely to be high then ( just my own feeling please).

You may see my post on page 467 @8:25am on 06 Feb 2018 where I expressed my reasons for thinking so.

juicyinn:
13.5% for 142days for secondary market

pls are u sure ?.i need 100 % assurance frm u

Ayobami9364:
pls are u sure ?.i need 100 % assurance frm u

Why not just walk into any FBN branch man!!!!