gogedda:


I sent my filled form for the 91 days primary auction to my account officer on monday and told him to submit it on my behalf cos i am based abroad. He acknowledged it. Today (thursday) I asked him if he submitted it, he said yes and also told me Stanbic won the bid for the 91 days, but I am yet to be debited. I also asked him what day does Stanbic debit people for Tbills, he said it is on Thursday's. It is already close of business and I am yet to be debited. Is it that the account officer is playing a fast one on me cos i am not around? I need your advice.

I won 91 days for Stanbic and I have been debited and left with my upfront

globalresource:


I won 91 days for Stanbic and I have been debited and left with my upfront

When were u debited, Wednesday or Thursday?

If your bank statement has done 5.9m this year alone and you have a land as collateral, I see no reason why you should not approach your bank or other banks for loan. Only gullible or greedy persons will agree to deal with you.

Kenni700:



Bro.Am a young entrepreneur. I manufacture teaching aids for the educational sector and over 100 schools are already using my teaching aids.

Invest in my production as see your money grow like grass.If you are giving me up to 1m,I will give u my land as collateral.

My business needs funding and my bank statement has done about 5.9m this year.
I have details,facts and proofs that are 100% verifiable.

Whatsapp/call me on 08056949842 for more details and pictures.

Thank you and warm regard.
Kenneth.

ahiboilandgas:
sure ,u are better off runing a bussiness govt is giving u 500 naira daily for your 2m ....one plate of food (500)...a 700k Keke can roll in 5 k daily while a 700k business center near a university can rake in 4k daily

Sir, it would be helpful as well to point out the risks along with the smooth ideas. A Keke and business center will definitely return more at a higher risk, you can lose your capital if not done right. You would also need to invest time. On the other hand, Tbills comes with negligible risk and require close to zero time investment.

It is something you always fail to mention, the more the risk exposure the higher the profit margin. You can make double your capital and more, oh yeah, I have seen it. Question is how rugged is your risk appetite? Do you have the time and strength to follow up?

ositadima1:


Sir, it would be helpful as well to point out the risks along with the smooth ideas. A Keke and business center will definitely return more at a higher risk, you can lose your capital if not done right. You would also need to invest time. On the other hand, Tbills comes with negligible risk and require close to zero time investment.

It is something you always fail to mention, the more the risk exposure the higher the profit margin. You can make double your capital and more, oh yeah, I have seen it. Question is how rugged is your risk appetite? Do you have the time and strength to follow up?

am.encouraging young peep to take up enterprenurship, cos I have seen person transform from a meat seller in front of Mobil depot apapa to a filling station owner with 10 years he move from renting in ajegule to house owner in surulere ....why will I encourage some one to keep 2m to generate 15 k per month when there are very low risk bussiness he can operate like a hair salon small small sme ....onless u are working full time with good pay then improve your earning via tb

CBN N75bn OMO Sale Records 631% Subscriptions
https://businesspost.ng/2019/07/19/cbn-n75bn-omo-sale-records-631-subscriptions/

There is notting like zero risk....its imaginary even the cbn that issues tb say there is inflationary risks ,devalution risk I personally converted thousand to dollars to naira in 2012 almost 100k dollars at 17m now this investment is around 32m with rate falling to 7 percent and max 15 with lost bid etc 32m /360 that 88000 dollars dollars I have lost 12000 dollars (exchange risk) even if I refuse to change yo dollars and want to build cement jump from 1500 to 2400,12mm rod from 1k to 1800 labour from 1k to 2k daily ...in effect I did notting

My brother school fees in ireland is still 1200 euro but we bought at 220 before n9w 404 so holding naira asset has big risk.....look at the makinde asset 3.8 million dollars euro bond at 7 percent we learn through other successful people osinbajo 900 thousand pound ..majority of fund into tb are pension fund of 8 trillion naira where the pension contributors don't have control over the money (example if your pension accounts has 10m in 2013 that around 50000 dollars but now 13m which is 36m dollars so it the pensioner lost ...while bank that invest use people money in saving accounts at 4 percent and earn 11 percent from tb .....but the saving account is naira and the bank pay back naira so it the saver that is at risk

Nb not that u should invest in money market but u must be vigilant like a hawk ,to exit the market at the right time so u earning will not devalued .....inevitable deprection that must happen ....spread asset ....bond ,tb , share,land ,dorm,gold low risk bussiness ....then u calculate weight average .....u might even be on 20 percent per annum r.o.i

Treasury Bills Indicative Rate as at 19-07-2019 ;

The law of demand and supply currently affecting TB. Too many hands and fund pursuing it, hence the drop in rate; coupled with the FG having safe landing in crude sales for now. So, rates drop is inevitable and expected.

One-Month Treasury Yield Falls to 8.99%
https://businesspost.ng/2019/07/20/one-month-treasury-yield-falls-to-8-99/

I have a question that has been bothering me... actually two questions
1. If i buy treasury bills through a bank, and the bank folds up later... what happens to my money? Is it gone for vanishing??
2. I use stanbic ibtc for TB.. is Stanbic a Solid bank??

kristien4:
I have a question that has been bothering me... actually two questions
1. If i buy treasury bills through a bank, and the bank folds up later... what happens to my money? Is it gone for vanishing??
2. I use stanbic ibtc for TB.. is Stanbic a Solid bank??

A bank listed on NSE as a public liability company and licensed by CBN (bound by a capitalization policy) cannot fold up. Unless you have a different interpretation for the term "fold up" - e.g. merger or acquisition, for instance, the acquisition of Diamond bank by Access, the acquisition of Forte Oil by Prudent Energy, etc., the taking over of Skye bank by a new management - Polaris Bank, etc.

These companies are not owned by a single individual so they just can't fold up. GTBank is not a sole property of Agbaje and UBA is not Elumelu's sole property. They're jointly owned by thousands of Shareholders.

kristien4:
I have a question that what happens to my money? Is it gone for vanishing??

The only things that can 'vanish' your money are businesses or markets you know nothing about not 'savings'.

I reckon ya part of the 30bn gang

feelamong:
MASSIVE DROP IN TREASURY BILLS DISCOUNT RATES

TREASURY BILLS AUCTION 17TH JULY 2019

91 DAYS -----9.74%

182 DAYS------10.75%

364 DAYS-------11.13%

what sort of investment is this. The longer the days, the smaller the profit. The profit is too small. It's only good for somebody that have an idle money.

fireback:
what sort of investment is this. The longer the days, the smaller the profit. The profit is too small. It's only good for somebody that have an idle money.

Are you new to this thread?

fireback:
what sort of investment is this. The longer the days, the smaller the profit. The profit is too small. It's only good for somebody that have an idle money.

fireback:
what sort of investment is this. The longer the days, the smaller the profit. The profit is too small. It's only good for somebody that have an idle money.

Not so oga.

For short term investment, the interest is further divided by number of days over 364. Example, If i decide to invest 400k at 10% for 90days. The supposed 40k interest is further multiplied by 90 over 364days.(90/364x40k) = N9890

Apus:



Not so oga.

For short term investment, the interest is further divided by number of days over 364. Example, If i decide to invest 400k at 10% for 90days. The supposed 40k interest is further multiplied by 90 over 364days.(90/364x40k) = N9890

thanks for explanation, but how often is this investment, I mean can I walk into the bank anytime anyday and request for it. Or is there specified day or month for it.

Acidosis:


A bank listed on NSE as a public liability company and licensed by CBN (bound by a capitalization policy) cannot fold up. Unless you have a different interpretation for the term "fold up" - e.g. merger or acquisition, for instance, the acquisition of Diamond bank by Access, the acquisition of Forte Oil by Prudent Energy, etc., the taking over of Skye bank by a new management - Polaris Bank, etc.

These companies are not owned by a single individual so they just can't fold up. GTBank is not a sole property of Agbaje and UBA is not Elumelu's sole property. They're jointly owned by thousands of Shareholders.

Lol. Banking is just like any other business. Businesses fail. Afribank-Mainstreet-Skye-Polaris and BankPhb-Keystone come to mind. These banks were insolvent i.e. their liabilities exceeded their assets, wiping out shareholders' funds. The bridge banks used required hundreds of billions to recapitalise.

An investor in NTB is a creditor of the Federal Republic. Your TB is kept with a custodian which is why you're charged custody fee. I have not heard people who used SkyeBank, which is the most recently failed bank, complain that they couldn't get their funds. Abi did any of you guys hear? Perhaps I missed it.

Anyway, that is the beauty of the bridge bank model. Makes it seem like the bank didn't fold up. Folks still have jobs, depositors are happy. Shareholders lose out sha .

fireback:
thanks for explanation, but how often is this investment, I mean can I walk into the bank anytime anyday and request for it. Or is there specified day or month for it.

Yes....the secondary market is always open.....told by a banker......I walked into uba on Tuesday and invested Into the secondary market in less than 2 minutes....

fireback:
thanks for explanation, but how often is this investment, I mean can I walk into the bank anytime anyday and request for it. Or is there specified day or month for it.

There's the primary and secondary

Primary - every 2 weeks, u bid thru ur bank
Secondary- every other day, ask ur bank about it

fireback:
thanks for explanation, but how often is this investment, I mean can I walk into the bank anytime anyday and request for it. Or is there specified day or month for it.

Auction for Primary market is done bi-weekly on Wednesdays. But you must submit your preferred bid rate(say 11.4%) to your bank latest by Monday in writing. Banks also sell treasury bills every other day in the secondary market.

Good days guys!
Am yet to be credited with either my upfront or capital from Wed day transactions. Whether the bid was successful or not I don't know. #firstbankltd.
Please any news?
Am yet to go to town where my bank operates.
Thanks.

Treasury Bills in a layman's term is a risk free investment which involves you giving your money to the government. It is one of the safest investments to do & yours truly have been involved in it since my banking days. Most banks will not tell you about Treasury Bill's because once you apply for treasury bills the money leaves the bank's balance sheet totally. So they will ask you to do Fix deposit, then they will use your money for treasury bills & give you a lower rate. For example if treasury Bills is 10%. They will do Treasury Bills at 10% & give you 3% in fix deposit & take 7%. Stay Woke!!! Then if your money is in current account, lobatan!!! You get nothing. Savings account can get like 1-2%. If you are like me that is always looking for multiple sources of income then this lecture is for you. @i.investng app powered by sterling bank has made things easy for prospective treasury bill investors. Download the app & do the following
.
1. Register
.
2. Check your email for code & input
.
3. Login
.
4. Then click on start investing
.
5. Click on Treasury Bills
.
6. Then you will see the different tenures available. Pick the number of days that suits you & interest rate you like. Incase you have future use for the money.
.
7. Input the amount you want to invest (minimum is #100,000)
.
8. Click to view your return on investment (If you think the amount is small then trying leaving your money in the bank). They will help you chop that small amount for you.
.
9 You can see your maturity date etc
.
10. You need to fund the app. Click to fund the app
.
11. You can fund your I-invest app via internet bank
.
12. Make sure you update your KYC (Know your customer). You need a passport photograph, evidence of address (Utility bill) & an Identity card.
.
13. You can terminate your investment at anytime & take your money bank.
.
14. Remember your interest is paid upfront so make sure you update your documents so you can withdraw easily.
.
This is a simplified form of banking done by oneself in the comfort of one's home. Ask your questions in the comment section and I will respond or send a DM to @i.investng on Instagram for further clarification. Thank you!!!

lilee2hot:
Treasury Bills in a layman's term is a risk free investment which involves you giving your money to the government. It is one of the safest investments to do & yours truly have been involved in it since my banking days. Most banks will not tell you about Treasury Bill's because once you apply for treasury bills the money leaves the bank's balance sheet totally. So they will ask you to do Fix deposit, then they will use your money for treasury bills & give you a lower rate. For example if treasury Bills is 10%. They will do Treasury Bills at 10% & give you 3% in fix deposit & take 7%. Stay Woke!!! Then if your money is in current account, lobatan!!! You get nothing. Savings account can get like 1-2%. If you are like me that is always looking for multiple sources of income then this lecture is for you. @i.investng app powered by sterling bank has made things easy for prospective treasury bill investors. Download the app & do the following
.
1. Register
.
2. Check your email for code & input
.
3. Login
.
4. Then click on start investing
.
5. Click on Treasury Bills
.
6. Then you will see the different tenures available. Pick the number of days that suits you & interest rate you like. Incase you have future use for the money.
.
7. Input the amount you want to invest (minimum is #100,000)
.
8. Click to view your return on investment (If you think the amount is small then trying leaving your money in the bank). They will help you chop that small amount for you.
.
9 You can see your maturity date etc
.
10. You need to fund the app. Click to fund the app
.
11. You can fund your I-invest app via internet bank
.
12. Make sure you update your KYC (Know your customer). You need a passport photograph, evidence of address (Utility bill) & an Identity card.
.
13. You can terminate your investment at anytime & take your money bank.
.
14. Remember your interest is paid upfront so make sure you update your documents so you can withdraw easily.
.
This is a simplified form of banking done by oneself in the comfort of one's home. Ask your questions in the comment section and I will respond or send a DM to @i.investng on Instagram for further clarification. Thank you!!!

But, on the contrary, interest is not being paid upfront on the app?

eddyakinrinde:


But, on the contrary, interest is not being paid upfront on the app?

It is paid upfront. You can withdraw it.

lilee2hot:
Treasury Bills in a layman's term is a risk free investment which involves you giving your money to the government. It is one of the safest investments to do & yours truly have been involved in it since my banking days. Most banks will not tell you about Treasury Bill's because once you apply for treasury bills the money leaves the bank's balance sheet totally. So they will ask you to do Fix deposit, then they will use your money for treasury bills & give you a lower rate. For example if treasury Bills is 10%. They will do Treasury Bills at 10% & give you 3% in fix deposit & take 7%. Stay Woke!!! Then if your money is in current account, lobatan!!! You get nothing. Savings account can get like 1-2%. If you are like me that is always looking for multiple sources of income then this lecture is for you. @i.investng app powered by sterling bank has made things easy for prospective treasury bill investors. Download the app & do the following
.
1. Register
.
2. Check your email for code & input
.
3. Login
.
4. Then click on start investing
.
5. Click on Treasury Bills
.
6. Then you will see the different tenures available. Pick the number of days that suits you & interest rate you like. Incase you have future use for the money.
.
7. Input the amount you want to invest (minimum is #100,000)
.
8. Click to view your return on investment (If you think the amount is small then trying leaving your money in the bank). They will help you chop that small amount for you.
.
9 You can see your maturity date etc
.
10. You need to fund the app. Click to fund the app
.
11. You can fund your I-invest app via internet bank
.
12. Make sure you update your KYC (Know your customer). You need a passport photograph, evidence of address (Utility bill) & an Identity card.
.
13. You can terminate your investment at anytime & take your money bank.
.
14. Remember your interest is paid upfront so make sure you update your documents so you can withdraw easily.
.
This is a simplified form of banking done by oneself in the comfort of one's home. Ask your questions in the comment section and I will respond or send a DM to @i.investng on Instagram for further clarification. Thank you!!!

The interest Rait dey too low

Apus:



Not so oga.

For short term investment, the interest is further divided by number of days over 364. Example, If i decide to invest 400k at 10% for 90days. The supposed 40k interest is further multiplied by 90 over 364days.(90/364x40k) = N9890

Can you please do this calculation for 400k at 10% for 364 days. Please.