Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,158,141 members, 7,835,821 topics. Date: Tuesday, 21 May 2024 at 03:30 PM |
Nairaland Forum / Nairaland / General / Investment / Treasury Bills In Nigeria (4466146 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) ... (1234) (1235) (1236) (1237) (1238) (1239) (1240) ... (2234) (Reply) (Go Down)
Re: Treasury Bills In Nigeria by IyawoToBe(f): 10:31pm On May 21, 2020 |
Tvegas:I haven't seen your response bro. |
Re: Treasury Bills In Nigeria by oluwaleokey: 10:34pm On May 21, 2020 |
emmanuelewumi: Well noted sir, Nawa o But i actually thought i was doing myself a great deal, i mean instead the salary to unproductively lie in my account, rather add them to the funds business generates to facilitate the expansion... N:B nobody taught me this... it has been a habit and my own understanding of compounding.... rather than having banks utilising the money in your Acct without reasonable interest. Anyways, lesson learnt 4 Likes |
Re: Treasury Bills In Nigeria by emmasoft(m): 10:37pm On May 21, 2020 |
ozymes: Sure, if you opt for it. There is opportunity to give your mandate in that regard whether at the point of opening account or after and it is flexible you can opt in or out. For instance if it's Abacus and you pick reinvest interest by first day of the next quarter your interest is reinvested while for VGIF the interest is reinvested 1st July and 1st January of each year. 1 Like |
Re: Treasury Bills In Nigeria by Akpaamunsi: 10:37pm On May 21, 2020 |
oluwaleokey: Your own method is also not bad, Emmanuel just suggested a better approach. 3 Likes |
Re: Treasury Bills In Nigeria by unite4real: 10:39pm On May 21, 2020 |
Phyde: It takes 48 hours of working days 1 Like |
Re: Treasury Bills In Nigeria by unite4real: 10:40pm On May 21, 2020 |
IyawoToBe: Them no fit try |
Re: Treasury Bills In Nigeria by oluwaleokey: 10:41pm On May 21, 2020 |
Re: Treasury Bills In Nigeria by ozymes: 10:48pm On May 21, 2020 |
What is the differencies and similarities B/W ABACUS and VGIF? emmasoft: |
Re: Treasury Bills In Nigeria by Diyke4rich: 10:49pm On May 21, 2020 |
Good evening house, i dont know if this the right place to ask this question in 2008 one marketer force me just to buy 800units of ecobank shares, till today i have not collected any dividend or even know the valve, i have tired to contact there registry many times no response, please who can help me calculate the value of the shares now, maybe the shares have increase in units by now or make any profit its 12years already. |
Re: Treasury Bills In Nigeria by hollerbaby: 10:51pm On May 21, 2020 |
Some of these seemingly silly questions , i have an idea of what the answers are but i would rather ask here from people who have been dere nd done that. Reassurance that, what i think is right is actually right. Since i have been following this thread when tb rates where pretty good, so u know how long. I have stuck to what i know and learnt here on treasury bills .when i see bond shares i dont even bother cause i dont know it well nd tb was still paying well. With tb gone south we need to learn other investment opportunities So excuse the silly questions, correct people gladly responded to to clear our doubts. I didn't see u answering any. Give me time to obtain my MBA degree in bonds and shares from this thread first. Me that i hv been following the responses to other people's questions that relates to this sukuk jejely no yab us at all 12 Likes |
Re: Treasury Bills In Nigeria by ozymes: 10:51pm On May 21, 2020 |
Eco Bank or Oceanic Bank? Diyke4rich: |
Re: Treasury Bills In Nigeria by emmasoft(m): 11:12pm On May 21, 2020 |
ozymes: Similarities: They are both mutual funds, interest accrued daily which can be paid out or reinvested and are tax free. There is free entry and exit for both. No specific amount or time that regulates your deposit. Any amount anytime can be deposited. They can be operated together. Differences: Abacus is mmf, while VGIF is in d fixed income category, interest for Abacus is daily valued VGIF interest is benchmark with SDF- standard deposit facility (rate CBN give to banks for their deposit), initial minimum deposit for VGIF is 50k and minimum holding period six months Abacus minimum initial deposit is 1k and holding period 30 days. VGIF 8.5% and Abacus 5%+ This is personal - I operate VGIF for long-term and Abacus for short-term. 6 Likes 3 Shares |
Re: Treasury Bills In Nigeria by ozymes: 11:16pm On May 21, 2020 |
Interest is per annum and they are both Tax exempt? emmasoft: |
Re: Treasury Bills In Nigeria by unite4real: 11:16pm On May 21, 2020 |
Diyke4rich: https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick |
Re: Treasury Bills In Nigeria by Diyke4rich: 11:19pm On May 21, 2020 |
Re: Treasury Bills In Nigeria by emmasoft(m): 11:26pm On May 21, 2020 |
ozymes: All regulated investments ( TBills, mutual funds, bonds etc) rates are per annum but prorated base on the investment types e.g 90 days 182 days for TBills daily for Abacus or VGIF 1 Like |
Re: Treasury Bills In Nigeria by 1kinggy(m): 11:29pm On May 21, 2020 |
Akpaamunsi: Dear Methuselah, LAZY is not a v-word. Nobody is too busy for what he's serious about. Emotional reaction to things you read here won't help your situation neither will it do your purse any good. A little homework by all improves the class. 2 Likes |
Re: Treasury Bills In Nigeria by oluwaleokey: 11:30pm On May 21, 2020 |
hollerbaby: Why nah? Stop giving him audience, he will be feeling superfly now... i know his type... just ignore next time 8 Likes |
Re: Treasury Bills In Nigeria by 1kinggy(m): 11:31pm On May 21, 2020 |
Diyke4rich: Check SEC's website for unclaimed dividends. All you need is your name. If it appears there, there's hope. Then, you contact the registrar on the way forward. Cheers 1 Like 1 Share |
Re: Treasury Bills In Nigeria by 1kinggy(m): 11:33pm On May 21, 2020 |
hollerbaby: This is what I'm saying. You took your time to read the thread and responses. You saved us all another unnecessary line by not repeating this questions. May you live long and do well. 1 Like 1 Share |
Re: Treasury Bills In Nigeria by ojesymsym: 11:54pm On May 21, 2020 |
2008, Eco bank shares. No dividends, nothing. As at last check I am not even sure the value of the shares changed. The stock broking firm I even bought from have gone under. We are in the same boat. Anyway, there is another thread for shares related matters Diyke4rich: |
Re: Treasury Bills In Nigeria by hollerbaby: 11:55pm On May 21, 2020 |
1kinggy: Amen , i understand ur pov, but if they didn't ask how will i learn? Lets drop this and move on please. 2 Likes |
Re: Treasury Bills In Nigeria by Diyke4rich: 12:00am On May 22, 2020 |
Thank you what is the thread ojesymsym: |
Re: Treasury Bills In Nigeria by Diyke4rich: 12:00am On May 22, 2020 |
the link of the website please 1kinggy: |
Re: Treasury Bills In Nigeria by ozymes: 12:03am On May 22, 2020 |
Visit GTL Registrars at Cosharis Office, Abuja ojesymsym: |
Re: Treasury Bills In Nigeria by Diyke4rich: 12:16am On May 22, 2020 |
I did check nothing is showing on my name 1kinggy: |
Re: Treasury Bills In Nigeria by Diyke4rich: 12:17am On May 22, 2020 |
Re: Treasury Bills In Nigeria by zohan101: 12:20am On May 22, 2020 |
I Doff my heart for you Sir..You are a blessing to this thread.Should you ever decide to write a book on financial literacy, i will do well to market it to as many people as I can.. Keep up the good work.. emmanuelewumi: 8 Likes |
Re: Treasury Bills In Nigeria by Nnamz(m): 1:43am On May 22, 2020 |
Sholapey:My advice to the OP is to follow his guts. OP, if wifey tells you A and your guts says do it, then do it. You're not following madam's advice, but rather your guts. Based on how sensible your wife is, your guts would direct you whether or not to lean towards her plan, whether to go 100% or 50% with her idea. So once again, dear OP, follow your guts. 1 Like |
Re: Treasury Bills In Nigeria by missjekyll: 2:48am On May 22, 2020 |
1kinggy: That's how we roll here. There is no such thing as a stupid question. people come from different backgrounds. some are very young and just starting out. It's never been a problem. 13 Likes |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:53am On May 22, 2020 |
oluwaleokey: We always make the mistake of co-mingling our money and that of our business. This usually give a false sense of profitability of the business. Whatever you put should be a loan which must be paid back at a given time Even if you are using your property for a business, the business ought to pay rent to you, take care of other running costs, pay you a given stipend as salary, before you can determine the profitability of the business. Most especially if you have been running this business for 2 years and above 15 Likes 5 Shares |
Re: Treasury Bills In Nigeria by emmanuelewumi(m): 2:55am On May 22, 2020 |
IyawoToBe: No, that happens when you buy in the secondary market |
(1) (2) (3) ... (1234) (1235) (1236) (1237) (1238) (1239) (1240) ... (2234) (Reply)
Nigerian Stock Exchange Market Pick Alerts
Viewing this topic: Mills55, oludy and 8 guest(s)
(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. 67 |