Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,155,883 members, 7,828,140 topics. Date: Wednesday, 15 May 2024 at 02:38 AM

Treasury Bills In Nigeria - Investment (1058) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4456900 Views)

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)

(1) (2) (3) ... (1055) (1056) (1057) (1058) (1059) (1060) (1061) ... (2232) (Reply) (Go Down)

Re: Treasury Bills In Nigeria by ahiboilandgas: 10:21pm On Jan 19, 2020
Tyche:


What about using seals?
they open top to siphon ,

1 Like

Re: Treasury Bills In Nigeria by ahiboilandgas: 10:32pm On Jan 19, 2020
Poanan:
Please gurus in the house, an old friend was spoke to me about doing bureau de change business. She said they get bid at 357 and sell at 360, she said I am only entitled to 40% of the profit per dollar invested.

Please gurus in the house who has heard about this or doing this.

Thank you
hp you got license...20 20 10 k dollars weekly

1 Like

Re: Treasury Bills In Nigeria by oluwaleokey: 10:35pm On Jan 19, 2020
Tyche:


What about using seals?

You just said my mind...
Even though they can construct or imitate it however there are foreign seals that are unique...
Re: Treasury Bills In Nigeria by janga(m): 12:26am On Jan 20, 2020
IamR:
It's like this FGN Bond is not for small players o.


i think we can buy bond directly in primary market via all this listed commercial bank by DMO with min of 50mill while other investment brokers is sellin it with min of #10,000 on sec market bt am still thinkn twice on hw to lock such amount for 5yrs in this country called “Nigeria”

any between primary/secondary market, which is best to buy the bond if i want to wait till maturity
Re: Treasury Bills In Nigeria by needful: 12:52am On Jan 20, 2020
Barrytone:


The cars, house and clothes we bought 10years ago have depreciated or has consumed more money to maintain. Personally, i dont like been too careful. Those securing their money in dollars, what if naira appreciates againts dollars, i have tried my little best by investing. I leave the rest to nature.

U said my mind. In 2012, canadian dollar was higher than us dollar but today, us dollar is higher than Canadian dollar. Inside life
Re: Treasury Bills In Nigeria by RealityShot: 1:18am On Jan 20, 2020
emmanuelewumi:


FBN Asset Management and FBN Merchant Bank should have a branch in Port Harcourt
thank you Sir


Scratch that...

MBA here I come!
Re: Treasury Bills In Nigeria by introvertme: 7:48am On Jan 20, 2020
dake40:


how?

I have used some of them, their interest rates are terrible in my opinion.
Re: Treasury Bills In Nigeria by dake40(m): 8:53am On Jan 20, 2020
introvertme:


I have used some of them, their interest rates are terrible in my opinion.

It would interest me If you can share your experience with us...


Which of the apps and what about the terrible rates?
Re: Treasury Bills In Nigeria by titilope07: 9:24am On Jan 20, 2020
Good morning everyone, as it's now I don't think One can buy FGN Bond with the minimum of #10000 from primary market. This is the response of Stanbic Ibtc stockbroker.
Dear Sir,

We acknowledge receipt of your mail.



Kindly find below bond quotes for 16/01/2020 for purchase via the secondary market.




Please be informed that purchase of FGN bond via the primary auction is handled by the bank with a minimum investment amount of N50Million .

Kindly visit any of our nearest bank branches in this regard.



Thank you.

Re: Treasury Bills In Nigeria by Plus10(m): 10:27am On Jan 20, 2020
titilope07:
Good morning everyone, as it's now I don't think One can buy FGN Bond with the minimum of #10000 from primary market. This is the response of Stanbic Ibtc stockbroker.
Dear Sir,

We acknowledge receipt of your mail.



Kindly find below bond quotes for 16/01/2020 for purchase via the secondary market.




Please be informed that purchase of FGN bond via the primary auction is handled by the bank with a minimum investment amount of N50Million .

Kindly visit any of our nearest bank branches in this regard.



Thank you.



Hmm...meaning the interest rate will drop if one chooses to buy via the secondary market!
Re: Treasury Bills In Nigeria by titilope07: 11:31am On Jan 20, 2020
Plus10:

Hmm...meaning the interest rate will drop if one chooses to buy via the secondary market!
exactly my brother. But I will still go to bank tomorrow to confirm, I think primary market is handled by bank not stockbroker according to their response. I stand to be correct.
Re: Treasury Bills In Nigeria by dake40(m): 11:42am On Jan 20, 2020
How true is that zenith does not liquidate treasury bills until maturity?

My account manager is advising I go for Loan with minimal rates...
Re: Treasury Bills In Nigeria by janga(m): 1:30pm On Jan 20, 2020
even bidding this Fg Bond on primary market for 5yrs with 50-100mill, u cannot get the actual 12.75, just 10% angry

what u guyz think, good buy or not?
Re: Treasury Bills In Nigeria by delawal: 1:30pm On Jan 20, 2020
ahiboilandgas:
they open top to siphon ,
I know u re not d only one in oil and gas Biz. ask others what they are doing to curb this menace and do it with them. people who start with one filling station are building more stations and expanding. u cant tell me they suffer such loss as u claim and are expanding. every Biz get secret so try and master yours.
people are doing Biz and progressing in many sectors. so d scared ones should dig deeper

1 Like

Re: Treasury Bills In Nigeria by Cation(m): 1:35pm On Jan 20, 2020
Good afternoon house, 5000 square meter of land is for sale in Kuchiako, Kuje, Abuja. This is directly from the owner. All documents complete and verified by Abuja Geographical Information System (Agis). All the documents are with me.
Re: Treasury Bills In Nigeria by henifri: 1:39pm On Jan 20, 2020
Oga Ahiboil, thanks for all your contributions to this group. You opened my eyes to different businesses and investment instruments. I want to inquire about getting a BDC licence. I have a friend who has been doing the BDC business for many years now, but only recently applied for a licence (last year). His funds has been with the CBN for more than 9 months despite the fact he also paid an agency to help with the legal document and fast processing (connection). I would like to apply for this licence, however I would not want to risk my money being with the CBN for such a long time due to risks of a pending devaluation. I know you operate a BDC business from your post here. Can you please share how a common man like me can get the BDC licence as fast and easy as possible following due process?
ahiboilandgas:
hp you got license...20 20 10 k dollars weekly
Re: Treasury Bills In Nigeria by Poanan: 1:53pm On Jan 20, 2020
ahiboilandgas:
hp you got license...20 20 10 k dollars weekly

See my English. Thanks so much. I don't have a license but doing it through a company. They sometimes need co- funders cos of cashflow need for other arms of the business. So they take 60% of the profit and give you 40%. Thanks
Re: Treasury Bills In Nigeria by MrMcJay(m): 2:06pm On Jan 20, 2020
dake40:
How true is that Zenith does not liquidate treasury bills until maturity?

My account manager is advising I go for Loan with minimal rates...

Tell your account manager to put the bolded in writing, preferably as an email.

Bank workers regularly discourage their customers from investing in treasury bills. They prefer fix deposits so that your funds remain in their bank and they can trade with it.
Re: Treasury Bills In Nigeria by Nobody: 2:07pm On Jan 20, 2020
Poanan:


See my English. Thanks so much. I don't have a license but doing it through a company. They sometimes need co- funders cos of cashflow need for other arms of the business. So they take 60% of the profit and give you 40%. Thanks

Anyone who can solve the problem of exchanging naira into foreign currencies online with the ability to transfer in and out of Nigeria will become successful.

I haven't found a single start up trying to solve this problem.

The western companies have solved transfering money into Nigeria but won't allow Naira conversion into other currencies.

4 Likes

Re: Treasury Bills In Nigeria by ahiboilandgas: 2:11pm On Jan 20, 2020
Poanan:


See my English. Thanks so much. I don't have a license but doing it through a company. They sometimes need co- funders cos of cashflow need for other arms of the business. So they take 60% of the profit and give you 40%. Thanks
....yes dey do
Re: Treasury Bills In Nigeria by Poanan: 2:17pm On Jan 20, 2020
Nigsrdumb:


Anyone who can solve the problem of exchanging naira into foreign currencies online with the ability to transfer in and out of Nigeria will become successful.

I haven't found a single start up trying to solve this problem.

The western companies have solved transfering money into Nigeria but won't allow Naira conversion into other currencies.

I don't know much about these so I am taking it one step at a time.
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:30pm On Jan 20, 2020
delawal:

I know u re not d only one in oil and gas Biz. ask others what they are doing to curb this menace and do it with them. people who start with one filling station are building more stations and expanding. u cant tell me they suffer such loss as u claim and are expanding. every Biz get secret so try and master yours.
people are doing Biz and progressing in many sectors. so d scared ones should dig deeper
i dont need your advice

10 Likes 2 Shares

Re: Treasury Bills In Nigeria by introvertme: 2:40pm On Jan 20, 2020
dake40:


It would interest me If you can share your experience with us...


Which of the apps and what about the terrible rates?

Piggybank.

As at the time I used it, interest rate was around was less than 10(I can't recall the exact percentage) I personally felt it wasn't okay.
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:41pm On Jan 20, 2020
henifri:
Oga Ahiboil, thanks for all your contributions to this group. You opened my eyes to different businesses and investment instruments. I want to inquire about getting a BDC licence. I have a friend who has been doing the BDC business for many years now, but only recently applied for a licence (last year). His funds has been with the CBN for more than 9 months despite the fact he also paid an agency to help with the legal document and fast processing (connection). I would like to apply for this licence, however I would not want to risk my money being with the CBN for such a long time due to risks of a pending devaluation. I know you operate a BDC business from your post here. Can you please share how a common man like me can get the BDC licence as fast and easy as possible following due process?
35m deposited with cbn they pay interest, 35m share capital , 7m bid capital, office space ....profit are low now 80-100 k weekly
Re: Treasury Bills In Nigeria by delawal: 2:41pm On Jan 20, 2020
ahiboilandgas:
i dont need your advice
keep deceiving yourself . audio oil and gas

1 Like

Re: Treasury Bills In Nigeria by TissuePaper: 2:48pm On Jan 20, 2020
ahiboilandgas:
i dont need your advice
lol
Re: Treasury Bills In Nigeria by ahiboilandgas: 2:48pm On Jan 20, 2020
delawal:

keep deceiving yourself . audio oil and gas
i not get your time ...go look for fighting partners for politics sections me see wetin i they reason now

9 Likes 3 Shares

Re: Treasury Bills In Nigeria by TissuePaper: 2:50pm On Jan 20, 2020
delawal:

keep deceiving yourself . audio oil and gas
the person you are insulting can buy your whole life 100times...I'd sit down and listen to the elders if I were you

15 Likes 1 Share

Re: Treasury Bills In Nigeria by ahiboilandgas: 2:50pm On Jan 20, 2020
TissuePaper:
lol
i tire ooh people dey think how to make money with the falling rate one clown dey drag me enter unproductive talk

4 Likes 1 Share

Re: Treasury Bills In Nigeria by olujaidi: 2:50pm On Jan 20, 2020
delawal:

keep deceiving yourself . audio oil and gas

This isn't necessary. The man says he doesn't want your advice and you're taunting? Even if you had a valid point, this here negates what you put out.

12 Likes 1 Share

Re: Treasury Bills In Nigeria by TissuePaper: 2:54pm On Jan 20, 2020
ahiboilandgas:
i tire ooh people dey think how to make money with the falling rate one clown dey drag me enter unproductive talk
i tell you, na to ignore am sure pass

2 Likes

Re: Treasury Bills In Nigeria by delawal: 2:54pm On Jan 20, 2020
TissuePaper:
the person you are insulting can buy your whole life 100times...I'd sit down and listen to the elders if I were you
the real worth of a person is not measured by the amounts he can quote online

am listening to him to learn too. but am not listening fo.olishly DTS why I object where I know he misrepresents. did u see me object to any of his lectures on money market.

3 Likes

(1) (2) (3) ... (1055) (1056) (1057) (1058) (1059) (1060) (1061) ... (2232) (Reply)

Nigerian Stock Exchange Market Pick Alerts

Viewing this topic: Saybal(m), Rizin

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 42
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.