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Treasury Bills In Nigeria - Investment (736) - 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 freeman67: 4:01pm On Mar 24, 2019
GonFreecss1:



Seriously?

It seems many of you here are not technologically inclined. Lol! That is the problem.

You can point out the obvious flaws in the I-Invest app, but this talk about apps in general shows a lack of understanding or flexibility in things that solve problems and make life easier.

It's like my explanation wasn't clear enough to you there. What I was trying to say there is that even though I had issue with app, I knew who/where to contact which I did. I also knew my money is safe there and how else to access it other than the app. The owners of the app are Nairalanders and would have cleared issues if they wanted but they never have not done that before. Maybe they have never visited the thread or only do it without commenting I don't know. I am very sure the visit the stock market thread. If anyone is bold enough to speak for them they should be able to clear customers doubts too, that's how it works.. That said, the least I could contribute on this issue is what I have done so far.. Those using it own their money... The loss or gain is only felt by them.. Personally I already have already taken on it.
Re: Treasury Bills In Nigeria by Awesomemama: 4:07pm On Mar 24, 2019
RealityShot:
please, it does not take 30 mins to fill the form at the bank and submit it.


please use the bank.


or mail the bank's customer care and let them tell you the process for you to subscribe without visiting a branch.


LET ME ASK YOU:
how do you know it was sterling bank that called you?

Yes, you're right. That's why I said supposed customer care rep
I wouldn't even gamble with the little I have.
Thanks

3 Likes

Re: Treasury Bills In Nigeria by GonFreecss1: 4:16pm On Mar 24, 2019
freeman67:


It's like my explanation wasn't clear enough to you there. What I was trying to say there is that even though I had issue with app, I knew who/where to contact which I did. I also knew my money is safe there and how else to access it other than the app. The owners of the app are Nairalanders and would have cleared issues if they wanted but they never have not done that before. Maybe they have never visited the thread or only do it without commenting I don't know. I am very sure the visit the stock market thread. If anyone is bold enough to speak for them they should be able to clear customers doubts too, that's how it works.. That said, the least I could contribute on this issue is what I have done so far.. Those using it own their money... The loss or gain is only felt by them.. Personally I already have already taken on it.

I apologize for my assumption. grin

I get you now.
Re: Treasury Bills In Nigeria by NIGHTLIFE100: 6:08pm On Mar 24, 2019
The whole of page 735 was all about I-invest whether it’s legit or not, whether to deal with bank or the app. Personally I won’t invest my hard earned money through I-invest but then everyone is entitled to their opinion, with that being said I’ll please advice everyone to ignore further response on it as there’s already enough message here to decide on.

I need public opinion, I have 8m fixed deposit at the rate of 8.5% that’ll mature may 23 but I’ve been contemplating on terminating and add more to invest in treasury bill at the secondary rate of 11.75% my bank already sent the form but my account officer said I’ll loose 25% of my accured interest if I terminate before maturity do y’all think it’s wise to terminate and invest on Tbills or hold to maturity.

1 Like

Re: Treasury Bills In Nigeria by kisszhira(m): 6:12pm On Mar 24, 2019
walcolm:


Which is why I said to visit the app store and call the developer to ask all these questions!!!!!!

The app is available on both android and apple store with the email and phone number of the developers. Call them up and ask them these questions. Ask them where they are physically located and if you can, visit their office to establish they're real people. If you want a paper mailed to you to back up your tbill purchase, ask them if that option exists and if they say no, ask them why not

My point is people should not bad mouth something they know nothing about

Why all these processes when i can just walk into firstbank in less than 10mins and fill up the form.

4 Likes

Re: Treasury Bills In Nigeria by Chekitaut: 7:16pm On Mar 24, 2019
TRUCKING! TRUCKING!! TRUCKING!!!
Package 1
N21m Investment get 60% 24months. Take home N1,400,000/month

Package 2
N11m investment get 30% 12months.Take home N1,192,000/months

Package 3
Buy truck we manage get take home N1,000,000/month.
Terms & Conditions apply

For more information
Call: 08055545355.
email: info.chekitaut@gmail.com
https://www.facebook.com/1stGranite/

3 Likes 1 Share

Re: Treasury Bills In Nigeria by Nnamz(m): 7:32pm On Mar 24, 2019
NIGHTLIFE100:
I need public opinion, I have 8m fixed deposit at the rate of 8.5% that’ll mature may 23 but I’ve been contemplating on terminating and add more to invest in treasury bill at the secondary rate of 11.75% my bank already sent the form but my account officer said I’ll loose 25% of my accured interest if I terminate before maturity do y’all think it’s wise to terminate and invest on Tbills or hold to maturity.

You guys just like creating problems for yourselves. Why not just wait till your fixed deposit matures? Then you can do whatever you want with the money. Call me lazy but I don't have time to do all these maths and calculus on how much I would lose should I terminate an investment. If you like tell me primary market next Thursday would be 18% and my investment is maturing the same week, I am not cancelling it before maturity #JustSaying

9 Likes

Re: Treasury Bills In Nigeria by Nnamz(m): 7:38pm On Mar 24, 2019
kisszhira:


Why all these processes when i can just walk into firstbank in less than 10mins and fill up the form.
Abi oooo. This Walcom of a guy has gotten more attention than deserved. Let's ignore him moving on; no one responds to him from now on.

4 Likes 1 Share

Re: Treasury Bills In Nigeria by ClitRaider: 8:55pm On Mar 24, 2019
obiZEAL:


The picture just shows tenor, amount and rates.

You can invest 100k and above for 30 days and get 13% per annum (higher than T.bills rate)....the longer the tenor the higher the rate.

The joy is that the rates increases with tenor and amount.
For example if you invest 100k for 30 days you get 13% p.a, if you make it 181 days you get 14% p.a.

If you invest 1M for 30 days you get 14% p.a and if you make it 181 days you get as much as 15% p.a.
You can even gat as much as 19% p.a on your investments! Its flexible, you can liquidate at any time and you can rollover capital+interest at the end of the tenor.

You can DM if you are interested... Or u need more clarification...

Hello bro,
Are you still in TBills?!
I want to invest.

1 Like

Re: Treasury Bills In Nigeria by ClitRaider: 9:03pm On Mar 24, 2019
walcolm:


you just posted a load of crap and I'm sure you probably think you have posted something intelligent.

I have Ignored the other dumb posts before yours just to let this lie, anyone can use any means to facilitate their investment and I could care less but I draw the Line at ignorant people like you casting aspersions at my person.

That you lack the intelligence to figure out Simple things is your problem

I use I-Invest and l have no problem with it, I have no allegiance to the developers or sterling bank and I especially don't care who uses the app or does not use it.

The person who had the issues with the app and bank had the decency to separate issues and addressed only the discussion, I dont know how come you're mourning more than the bereaved
Hi, kindly help a brother.
I have a loose 1m, can I do 30 days tenor?
Somebody pls write back.
thanks.
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:43pm On Mar 24, 2019
Chekitaut:
TRUCKING! TRUCKING!! TRUCKING!!!
Package 1
N21m Investment get 60% 24months. Take home N1,400,000/month

Package 2
N11m investment get 30% 12months.Take home N1,192,000/months

Package 3
Buy truck we manage get take home N1,000,000/month.
Terms & Conditions apply

For more information
Call: 08055545355.
email: info.chekitaut@gmail.com
https://www.facebook.com/1stGranite/
tell them this can happen....our truck with 44000 litres of deseal entroue taraba all lost another truck bought 4 months ago worth 12 m got an accident

10 Likes

Re: Treasury Bills In Nigeria by HeliosHay(m): 10:00pm On Mar 24, 2019
NIGHTLIFE100:
The whole of page 735 was all about I-invest whether it’s legit or not, whether to deal with bank or the app. Personally I won’t invest my hard earned money through I-invest but then everyone is entitled to their opinion, with that being said I’ll please advice everyone to ignore further response on it as there’s already enough message here to decide on.

I need public opinion, I have 8m fixed deposit at the rate of 8.5% that’ll mature may 23 but I’ve been contemplating on terminating and add more to invest in treasury bill at the secondary rate of 11.75% my bank already sent the form but my account officer said I’ll loose 25% of my accured interest if I terminate before maturity do y’all think it’s wise to terminate and invest on Tbills or hold to maturity.

Why terminate now and lose 25% of your interest when you can just wait for 2 months and have more money to invest in TB?

Not sure how much 25% of your accrued interest is. But, it's probably best to wait. My humble opinion tho.

1 Like

Re: Treasury Bills In Nigeria by kisszhira(m): 10:04pm On Mar 24, 2019
ahiboilandgas:
tell them this can happen....our truck with 44000 litres of deseal entroue taraba all lost another truck bought 4 months ago worth 12 m got an accident

But diesel is not this flammable... In the first picture

1 Like

Re: Treasury Bills In Nigeria by freeman67: 10:10pm On Mar 24, 2019
NIGHTLIFE100:
The whole of page 735 was all about I-invest whether it’s legit or not, whether to deal with bank or the app. Personally I won’t invest my hard earned money through I-invest but then everyone is entitled to their opinion, with that being said I’ll please advice everyone to ignore further response on it as there’s already enough message here to decide on.

I need public opinion, I have 8m fixed deposit at the rate of 8.5% that’ll mature may 23 but I’ve been contemplating on terminating and add more to invest in treasury bill at the secondary rate of 11.75% my bank already sent the form but my account officer said I’ll loose 25% of my accured interest if I terminate before maturity do y’all think it’s wise to terminate and invest on Tbills or hold to maturity.

You can invest the more money you have now in TB the next invest the 8M when it matures...
Re: Treasury Bills In Nigeria by ahiboilandgas: 10:12pm On Mar 24, 2019
kisszhira:


But diesel is not this flammable... In the first picture
say u...

1 Like

Re: Treasury Bills In Nigeria by walcolm(m): 10:26pm On Mar 24, 2019
ClitRaider:

Hi, kindly help a brother.I have a loose 1m, can I do 30 days tenor?
Somebody pls write back.
thanks.

With 1m, you can only buy tbills at the secondary market. You have to ask your financial services provider the maturity dates that are available. I know there's a set maturing on April 4th. Buyers don't determine the maturity date of tbills so if your window is 30days you might not find something that fits exactly

But if you're flexible, I'm sure they can find something for you
Re: Treasury Bills In Nigeria by awesomeJ(m): 10:36pm On Mar 24, 2019
NIGHTLIFE100:
The whole of page 735 was all about I-invest whether it’s legit or not, whether to deal with bank or the app. Personally I won’t invest my hard earned money through I-invest but then everyone is entitled to their opinion, with that being said I’ll please advice everyone to ignore further response on it as there’s already enough message here to decide on.

I need public opinion, I have 8m fixed deposit at the rate of 8.5% that’ll mature may 23 but I’ve been contemplating on terminating and add more to invest in treasury bill at the secondary rate of 11.75% my bank already sent the form but my account officer said I’ll loose 25% of my accured interest if I terminate before maturity do y’all think it’s wise to terminate and invest on Tbills or hold to maturity.
perhaps we can run the numbers to see exactly which option is better.

So state either the date you commenced the FD, or the tenor you're doing. That's one parameter that's yet needed.
Re: Treasury Bills In Nigeria by NIGHTLIFE100: 10:54pm On Mar 24, 2019
awesomeJ:

perhaps we can run the numbers to see exactly which option is better.

So state either the date you commenced the FD, or the tenor you're doing. That's one parameter that's yet needed.
Thanks I appreciate, the lost would be around 153k. I guess it’s better to hold till maturity
Re: Treasury Bills In Nigeria by Nnamz(m): 10:59pm On Mar 24, 2019
walcolm:


With 1m, you can only buy tbills at the secondary market. You have to ask your financial services provider the maturity dates that are available. I know there's a set maturing on April 4th. Buyers don't determine the maturity date of tbills so if your window is 30days you might not find something that fits exactly

But if you're flexible, I'm sure they can find something for you

You're full of crap. With 100,000 Naira, you can buy tbills at the primary market. Stop littering this thread with false information.

10 Likes

Re: Treasury Bills In Nigeria by OgogoroFreak(m): 11:09pm On Mar 24, 2019
Nnamz:


You're full of crap. With 100,000 Naira, you can buy tbills at the primary market. Stop littering this thread with false information.
He is crap himself

3 Likes

Re: Treasury Bills In Nigeria by NIGHTLIFE100: 11:20pm On Mar 24, 2019
Chekitaut:
TRUCKING! TRUCKING!! TRUCKING!!!
Package 1
N21m Investment get 60% 24months. Take home N1,400,000/month

Package 2
N11m investment get 30% 12months.Take home N1,192,000/months

Package 3
Buy truck we manage get take home N1,000,000/month.
Terms & Conditions apply

For more information
Call: 08055545355.
email: info.chekitaut@gmail.com
https://www.facebook.com/1stGranite/
Sorry if I don’t share your enthusiasm, take this to the business thread those people have more risk appetite,we all know being an entrepreneur is taking risk of uncertainty but this type of business is not for the faint hearted, my personal experience before leaving nigeria structured my reasoning as your whole savings can disappear right in front of you forget insurance or whatever. I know Business is the road to riches as treasury bill won’t necessarily make you rich but it’s a good investment portfolio + retirement plan and long as I keep adding monthly wealth is certain.

2 Likes

Re: Treasury Bills In Nigeria by Nnamz(m): 11:20pm On Mar 24, 2019
OgogoroFreak:
He is crap himself
He is crap, full of more crap lmao

2 Likes

Re: Treasury Bills In Nigeria by freeman67: 6:50am On Mar 25, 2019
ClitRaider:

Hi, kindly help a brother.
I have a loose 1m, can I do 30 days tenor?
Somebody pls write back.
thanks.

Getting the exact 30days tenure for TB will most time come with some stroke of luck... It is not impossible anyway. Just contact your bank or other financial institutions you use to see the if it is available.
Re: Treasury Bills In Nigeria by Nobody: 7:21am On Mar 25, 2019
Guys... please when is the next date for primary auction of Tbills?
Re: Treasury Bills In Nigeria by Grupo(m): 8:02am On Mar 25, 2019
��
Please, let no one quote or respond to the person above me. It's clear what his mission here is.

Please, ignore him.

4 Likes 1 Share

Re: Treasury Bills In Nigeria by walcolm(m): 8:04am On Mar 25, 2019
@grupo, i take it you're one of them?
Re: Treasury Bills In Nigeria by Ibrahim505(m): 8:37am On Mar 25, 2019
You may not like the app but investing with it is more convenient to me, thanks to their liquidity and credibility

The fact that you had one bad experience with them should not be a reason to be tarnishing their reputation as we just read from your side.

I started using the app from October as i did more than 30 transactions so far. No single problem!

Whenever I demand my money from either matured or running investment i got it instantly.

My verdict; @Barrytone must be novice at using business application which made makes him to follow the wrong procedure of investing with the app.

1 Like

Re: Treasury Bills In Nigeria by zamirikpo(m): 8:53am On Mar 25, 2019
ahiboilandgas:
tell them this can happen....our truck with 44000 litres of deseal entroue taraba all lost another truck bought 4 months ago worth 12 m got an accident

Hope that truck is insured ooh else 20m has vanished. TB gives me rest of mind abeg....
Re: Treasury Bills In Nigeria by ahiboilandgas: 8:58am On Mar 25, 2019
zamirikpo:


Hope that truck is insured ooh else 20m has vanished. TB gives me rest of mind abeg....


it insured they normally use grammar to cut everthing to 70 percent after 4 months of up and down

1 Like 1 Share

Re: Treasury Bills In Nigeria by zamirikpo(m): 9:18am On Mar 25, 2019
ahiboilandgas:
it insured they normally use grammar to cut everthing to 70 percent after 4 months of up and down

How do u manage 7trucKs when I can't sleep if my driver calls about a breakdown on the road.

Am even thinking of eliminating long hauls ooh.
Re: Treasury Bills In Nigeria by ahiboilandgas: 9:33am On Mar 25, 2019
zamirikpo:


How do u manage 7trucKs when I can't sleep if my driver calls about a breakdown on the road.

Am even thinking of eliminating long hauls ooh.
not only 7 am managing overseening 27 ....7 directly 20 indirectly.....it not easy but notting is easy when money making involved

5 Likes 1 Share

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