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Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4504141 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)
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Re: Treasury Bills In Nigeria by emmasoft(m): 4:59pm On May 21, 2020 |
youngalex: Yes Sir. You can confirm from http://sec.gov.ng/cmos/ search investment one financial services |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:06pm On May 21, 2020 |
9jatriot:blowing any how is also Good for manufacturing and consumers good seller ...we need everybody to make the econimic work |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:09pm On May 21, 2020 |
youngalex: Very funny question. Investment One Financial Services limited is the former GTB Asset Management Company. I have been dealing with them for about 10 years, as per Stockbroking things 7 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:11pm On May 21, 2020 |
ahiboilandgas: Blow any how and then become a liability and burden to the country and their struggling children who are yet to get their besrings 1 Like 1 Share |
Re: Treasury Bills In Nigeria by Phyde: 5:13pm On May 21, 2020 |
unite4real:First time i am getting confused dealing with Stanbic. I was told the minimum for Sukuk bond is 50m. Is this true ? Though the asset management team handling my MMF are yet to reply my mail. |
Re: Treasury Bills In Nigeria by oluwaleokey: 5:17pm On May 21, 2020 |
emmanuelewumi: All correct sir |
Re: Treasury Bills In Nigeria by hollerbaby: 5:19pm On May 21, 2020 |
ahiboilandgas: So i wont be ashamed of my question Does the bolded mean my funds will be tied down for 7 years Na knowledge i find come this tread My question has been answered thanks 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:19pm On May 21, 2020 |
Phyde: The offer document from Debt Management Office say 10k. Download the offer document, fill and submit to any of the agents. 5 Likes |
Re: Treasury Bills In Nigeria by wura2u: 5:19pm On May 21, 2020 |
iamloyalty: Tag along. You may learn one or two new things while waiting for tb rate to improve. 5 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:20pm On May 21, 2020 |
emmanuelewumi:imagine if people stop blowing money on beer and cigrattes...what will happen to employees and share holder of Nigeria breweries and Bat.....imagine if girls stop blowing money on data to gossip instagram veodeos....this affect revenue....if everybody become an investor where will the free cash come from 7 Likes |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:21pm On May 21, 2020 |
hollerbaby:yess can sell at the secondary markets but u will take a lost if prices increase... 1 Like |
Re: Treasury Bills In Nigeria by anjilgreat(f): 5:27pm On May 21, 2020 |
9jatriot: Alternatively, I think the government and the pension fund managers need to be innovative and bring in changes on how to invest the pension fund. In addition to the high risk, low and medium risk options available for workers to choose from, they should find a way of incorperating housing Plan. There is a massive gap in housing in Nigeria. They can partner with big and experienced estate managers to build large numbers of houses between 3M-10M or above depending on the workers' salary in addition to using the compulsory National housing fund money they remove from workers' salary monthly. Let the houses be in form of a mortgage to interested workers at a good rate spread for some years say 10-30yrs period. At the time of retirement, the value of the house would have beaten inflation and the worker would have been relieved from the burden of owning a house. They just deduct money monthly for National Housing Fund without workers benefitting from owning a house and no accountability on how this fund is spent. These are some Important bills the legislators are supposed to be passing at the national level! 5 Likes 2 Shares |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:32pm On May 21, 2020 |
ahiboilandgas: I understand, government has the responsibility of protecting senior citizens, reason why they have access to 50% of their retirement savings to either blow or manage well, while the remaining 50% will be an annuity that will be paid every month. If they retire at 65 years they can buy a 10 years annuity, if they die before 10 years time. Their children are entitled to collect the annuity balance 1 Like 1 Share |
Re: Treasury Bills In Nigeria by 9jatriot(m): 5:34pm On May 21, 2020 |
On this I agree. Maybe eligible after working for a period of 10 or 15 years. anjilgreat: 1 Like |
Re: Treasury Bills In Nigeria by Phyde: 5:34pm On May 21, 2020 |
emmanuelewumi:I just did now, will submit before June 2. Thank you sir. |
Re: Treasury Bills In Nigeria by hollerbaby: 5:35pm On May 21, 2020 |
emmanuelewumi: Even if you try educating them with your little knowledge they will still be sceptical and afraid |
Re: Treasury Bills In Nigeria by anjilgreat(f): 5:36pm On May 21, 2020 |
9jatriot: Exactly! |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 5:38pm On May 21, 2020 |
anjilgreat: They can't go into that, pension fund managers are portfolio Investors. They won't handle property, they Invest in financial instruments. Professionals, practitioners in the housing and real estate sector, SEC and the investing public should come together and create a financial instruments for mortgage and properties, you will be surprised that the pension fund managers will invest in such instruments. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by ahiboilandgas: 5:40pm On May 21, 2020 |
The society needs a mix and moderation of spendthrift, blowers ,investors ,savers to perpetually thrive 8 Likes |
Re: Treasury Bills In Nigeria by unite4real: 5:40pm On May 21, 2020 |
Phyde: This is the third time government is selling sukuk in Nigeria. The person you met may not be aware and is mistaken it for FGN bond. Why don't you go with the printed offer. One person will pass it around and before you know it, you are sorted out. Which state and branch did u visit. Do u have a cscs number already. If u don't, go get one first and it's not Stanbic IBTC bank that will do that but stock brokers. If you already have, the just fill the sukuk form, go to same Stanbic and pay into the account for sukuk as advertised. Take your form and evidence of payment and walk out of Stanbic if they cannot help. Take them to either FBN Quest Merchant Bank or Lotus Financial services LTD. Give it to them and go home. Wait after 6 months and receive your first rent in December. 8 Likes 3 Shares |
Re: Treasury Bills In Nigeria by emmasoft(m): 5:41pm On May 21, 2020 |
emmanuelewumi: my oga na so o na part of due diligence as we tell them thanks for helping out. 1 Like |
Re: Treasury Bills In Nigeria by anjilgreat(f): 5:50pm On May 21, 2020 |
emmanuelewumi: I think the government and legislators can come up laws to see how such parnership can work out for the good of not just only the workers but a means of job creating for builders , civic engineers, electricians etc . |
Re: Treasury Bills In Nigeria by 9jatriot(m): 5:50pm On May 21, 2020 |
I think anjilgreat was very specific on what aspect of the pension fund should be invested in housing. there is a component that is component for National Housing Fund that is also deducted that can be pooled together and used as a low cost housing solution while the other aspects of the pension funds can continue to be used in the manner they have been preserved and invested. emmanuelewumi: 2 Likes |
Re: Treasury Bills In Nigeria by 9jatriot(m): 5:51pm On May 21, 2020 |
I sent a mail to Zenith bank since money, I de wait their response since. unite4real: |
Re: Treasury Bills In Nigeria by oluwaleokey: 5:52pm On May 21, 2020 |
Olaide1295: Passively bro... You would have continued, within a short while you should master it perfectly well |
Re: Treasury Bills In Nigeria by hollerbaby: 6:21pm On May 21, 2020 |
unite4real: Can you please help us new bees with a figure lets say 1millon 11.22 % , 7 years and. Half yearly rent payment for 7 year. Please if u dont mind give practical figures of the payments ever 6month |
Re: Treasury Bills In Nigeria by Phyde: 6:21pm On May 21, 2020 |
unite4real:Ohhh, thank you sir. I think i am the one that is not getting it right. I was thinking it is the same stanbic that will give me the CSCS number just like they did in MMF. So which stockbroker is best to get the number from and is it free ? I really need to forget some money for 7 years in this bond. Is there room for automatic compounding ? 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:23pm On May 21, 2020 |
9jatriot: Pension Fund will invest in any derivative that is created by SEC, backed by legislature and attractive to the investing community.. They should create REITs, and mortgage backed derivatives etc 2 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:32pm On May 21, 2020 |
We have Nigeria Mortgage Refinance Corporation, I don't know what they do. This company can be allowed by legislature to give loans to workers and place a lien on the Retirement Savings of the workers for home acquisition. That should not be the duty of the pension fund managers Their own is to invest in risk free financial instruments and derivatives 1 Like |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 6:36pm On May 21, 2020 |
If government creates a 20 years real estate bond, pension fund managers will buy provided the bond will pay attractive coupon 1 Like |
Re: Treasury Bills In Nigeria by unite4real: 6:49pm On May 21, 2020 |
Phyde: There is no room for automatic compounding. Anytime your rent is paid, you must put your brain to use again. There are many brokers. U have Morgan capital, Afrinvest. This one's can relate with u online without visiting their offices. There are others too but these I have tried. 2 Likes 3 Shares |
Re: Treasury Bills In Nigeria by ozymes: 6:50pm On May 21, 2020 |
What is the guaranteed rate for VGIF? And secured is the invested capital? emmasoft: |
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