freeman67:
If you want to receive yourselves the stress of checking minutes and not seeing your interest..especially for those using Stanbic IBTC asset management. What you should do is screenshot your account daily by 12 - 1.00 p.m every day excluding Sundays.. Pay more attention to what you see on Mondays because the interest credited is alway for two days..both Saturday and Sunday.

I am saying this because I just noticed that lots of people do not take their time to notice the interest credited in their account daily...

emmasoft:

Go with the bank rate it's safer.

Grupo:


For your mind, you don discover the secrets to wealth creation. Well done

Pascal2016:
Sir, any idea what FBN rate is today at 180 or 182 days TBil?

234ng44uk:


The mmfs are so dodgy I'm seriously considering moving all my funds from there. They state an interest on their website then pay lower, they skip payments for weekends and some days. Just waiting for tbills to pick up again.

Donbrig:

Pls what are your reasons? We have so many Zenith Bank customers here. Zenith is one of the best banks for wealthy customers, if you have huge sum of money, Zenith is the best choice.... I have over 100m with them in different investment channels and I am growing rapidly. But Zenith Bank is not too good for starters or someone trying to build up his/her finance, I know they sometimes discriminate or undermine poor customers, that's one thing I don't like about them as well.

Willie2015:
\

175 Days - 11.9%

234ng44uk:


Wrong thread

hustla:
This is what the customer care guy at stanbic game me this morning

Is this calculation correct for 2.6m naira? He said it's after tax

isangjohnson:
@ hustla. 182 days will give you #163,351.23 and 91 days will give you #66,701.
My opinion.....

isangjohnson:

My calculations do not include tax because I'm unaware of your bank's charge.

hustla:


OK thank you
It's stanbic btw

Agbaletu:

You got it right. That is why I advised the guy who I presumed might be a starter. If not that I have huge sum with them, I would have moved my TBills to another Bank. The fear of fear won't allow me to move my huge some to another Bank.
Zenith Bank's TBills rate is very poor compare to other Banks. Early this year when TBills was 15%, Zenith Bank gave me 14.25 for my three TBills while GTB gave me 14.65 when the rates dropped to 14.85%.
I also have a good sum in 5 digits in a domiciliary account with them, but fear won't allow me to move it to another Bank for any dollar denominated investements. As at the last time I asked them, I was told they don't have any.

godello:
. Sir can you list any dollar dominated investment, that are genuine.?

godello:
. Sir can you list any dollar dominated investment, that are genuine.?

RealityShot:
https://www.nairaland.com/4667123/eurobond

romeoprexx:
Good morning all, is it wise to convert dollars to naira for Tbills. I have a handsome sum of dollars denominations in my domiciliary account and I'm thinking of exchanging it to naira so that I can purchase Tbills. Someone said the exchange rate is likely to wipe away my profit.

P. S this is my first time

BlackAfrican:


It's what I'm doing today... Just realized my $ has been sitting in the bank and earning zero... If I had done Tbills a year ago, at least free 400k would have been added to my cash...

Other $ denominated investments are too rigid and risky for me...

Go for Tbills if you can afford to let ur let ur $ sleep for 6-12 months



Best of luck

romeoprexx:
Good morning all, is it wise to convert dollars to naira for Tbills. I have a handsome sum of dollars denominations in my domiciliary account and I'm thinking of exchanging it to naira so that I can purchase Tbills. Someone said the exchange rate is likely to wipe away my profit.

P. S this is my first time

TotoNaRubber:
It is better to keep your dollar and probably convert 50 percent of it to Naira n invest in TB. Nigerian economy is in the biggest mess ever, they said the reserves is on $44 billion but Nigeria owe more than $70 billion in bonds, tb, sukuk etc

Mizwisdom:
Help. I have some small cash in fixed deposit with GTB. I wanted to liquidate it and switch to TBills as their interest on fixed is too low. The staff I met there tried to convince me not to that I should get my interest on the fixed first. Should I insist on doing TBills or is it advisable to leave it on fixed?

Mizwisdom:
Help. I have some small cash in fixed deposit with GTB. I wanted to liquidate it and switch to TBills as their interest on fixed is too low. The staff I met there tried to convince me not to that I should get my interest on the fixed first. Should I insist on doing TBills or is it advisable to leave it on fixed?