₦airaland Forum

Chrisvicmall:
@Prince, that is ebay link. We can only make payment but not shipping.

OK. thanks

Eisenhower:
Please people, just got interested in treasury bill investments. I want to know if I can start small with let say 15-25k in buying treasury bill at the next auction and which bank is the best bet cos I run bi with fidelity bank ,first bank,GTbank, and wema bank.
I want to be part of the next auction on April 9th..

My Advice.
1) the bank may not accept such amount.

2) eg. 25k×10÷100÷4= 625. (why tie such capital in this investment) ?

3) you can use the 25k to start a business that will create 1k each day as profit just do your market research very well.

4) so painful to say this but NTB is not for small capital most investors here do millions to earn thousands with 91 days tenor talk less of thousand like 25 or 30k to make how much N500 or N700 for 3 months? so my advice is save up some cash maybe 300k and you will enjoy your profit but you can start a business first.

5) you can always read from the first page to know more about this investment vehicle don't just trow your hard earn money in this investment with little or no knowledge about it believing someone may help u when things go wrong (only you can help yourself. people are always ready to play tricks on you if they know you know nothing about where you are heading to).

I HOPE YOU FIND THIS ADVICE USEFUL.


Am always here to assist and help you guys on the subject.
Princeuk21

Hello CVM how much will it cost me to get this item here in Nigeria?

http://www.ebay.com/itm/Battery-for-UM08A71-UM08A31-Acer-eMachines-eM250-Aspire-one-A110X-A110L-A150L-/150879635824

The seller offers free shiping.

joesandy:
Do T bills have compounding?

you can roll over your invested fund and the interest if u choose to.

Marpol:
So basically i just walk into my banj and tell them i would like to bid for treasury bills?

yes

Mordyb:
Don't understand jack about this even though I passed economics I have some little money I have saved and want to invest in this but am so scared my money will disappear with no one to hold if anything goes wrong

your money is safe but inflation is the issue

Stanley08:
Page not found, remove the full stop in the link

it should be this www./kbmlog

deebsman1:
Am having difficulty calculating the t-bill return, i will like someone to please tell me the exact amount of what N1,000,000.00 will return in 91day at the rate of 10.5%. is it N105,000.00? no mind my olodo ooo

indeed. your interest should be 5naira or maybe am wrong you can read from page 1 to know about NTB and how to calculate your interest.

presiade:
What was the successful rate rate for that particular day? If actually 10.50% went through on the said auction date, I suggest he should contact those addresses I stated above.

I'll send the info to him

presiade:
I don't have to, because I am insider. I know what I'm saying.

a friend of mine placed a bid of 10.50 for 91 days and he was given 9% for 91days, there was no tax deduction on the 9%.

presiade:
I don't believe that.

u can try them out

presiade:
Union Bank.

even union did that to a friend of mine

angelo82:
I think you should complain because such conduct is unethical........Meanwhile have you @all heard about the plane crash in Southern France......Such a pity that 142 passengers and 6 crews had to die helplessly........May God grant their soul eternal peace.......Check the link below and give a serious complain and you should also mention the name of the officer............

http://www.gtbank.com/whistle-blowerr

may their soul rest in peace.

Bamz:
A person really in love with the thread would have read from start to present.

very correct

someone will still come and ask same question.

kennyman20:
Go and pick ur item up at the post office closer to u. I believe u reside in ilorin. Go to ilorin post office closer to u to claim your package. All d best.

well said n dont give them more than 500 that's if u choose to.

Tompeters:
Please fellow importers, who has gotten a good power bank from any chinese site, price range as from 3k to 3500..12000 to 20000mAh . . Please provide link . I want to place order for a piece.

you can get that from kobomart www.kobomart.com.ng or mayorall.

ifyan:
Please any information that I post here that is wrong or contradict any rules or information.

I am not perfect, correct me.

We learn everyeveryday.

Thanks

ok

Damolux01:
Just got a notification that my auction at 15.85 was not successful. Never indicated any stop rate since it was not in the form I filled. I'm so sad right now, waited for 2 weeks and now, it's another awful story.

so sorry

ernie4life:
just like predicted 15.4% would have being lost since it closed at 15.3% that means 15.2 % was a nice bid

I guess am luck I got 15.1

coderXO:
Is there anybody on here that has a Standard Chartered domiciliary account?

Please let me know.

Thanks.

i need one

thoexynne:

364 days

angelo82:
You should put .something......1 or .2 is an addition for your money..........

sure

angelo82:
Next auction is Wednesday.......I am thinking of bidding at 15.5% for 364days T.Bills......................Any opinion?.............

am in the bank and about to go for 15% for 364

ernie4life:
Amateurs hahahhahah

the dude got me cracking thats why I said amatures should take time to read from page 1. it will do them an enormous good.

KingsleyTMTTM:
thanks guy, but what am importing is one phone 3-10 times daily, and some other electronic gadgets. can i still use DHL for those

you are free to make a choice.

stanleyuzoh022:
For Example, Investing 500k on Treasury Bill for 90,180 days, how much interest will it yield pls? Thank u.

pls read from the first to the current page it will help u alot.

KingsleyTMTTM:
hello fellow mini importer, i want to import a phone from China and use DHL for shipping but i will like to know if i will still need to pay any money to custom or stuff like that. or will DHL deliver to my door direct. thanks guys

you may. but don't import large goods with dhl if u don't want to hear stories that touch u can use CVM for large goods and KBM Logistics can also help out with local deliveries here in Nigeria. #myadvice.

Onlytru:
Is good to see more Nigerians trying to invest their money for future financial security. Now the only two less risky investment that most Nigerians tend to go for his either Fixed Deposit Investment or Treasury Bills Investment (T-bills). I have been involved in both investment multiple times but after carefully review of my returns and the risks involve (which is pretty NADA to be candid) I can state with all confidence that Fixed Deposit investment is the best between the two.

Now before I let the cat out of the bag, let me quickly add that this simple logic I am about to unveil is only viable for folks that want to invest at least ₦2 million and up and also for a full calendar year because if you are planning to invest less than the stated amount (₦2 million) the interest rate plus the number of days of investment in your portfolio will not add up. Now let's get started---

Treasury Bills Investment
As we all are aware that treasury bills investment is the least risky investment out there with moderate return and plus the attractive rates folks are getting on it lately, thus making it the number one option for most folks to invest in but does the returns on this investment really worth the hype?! I do not think so...
For example Mister A has ₦5 million to invest in T-bills for 365 days at Bank 1. They offered him 14.5% (for the sake of this argument lets round it up to 15%). At the end of 365 days (1 YEAR) Mister A will receives ₦750k back in return after 1 Year

Fixed Deposit Investment
Now if Mister A takes the same ₦5 million to Bank 1 and request to fixed the same amount for 90 days (with automatic roll over after 90 days and insist on the same fixed rate) which most banks will offer Mister A 10% or more (but most folks will not agree with me but for the sake of argument let say he was able to get 10% for 90 days). At the end of 90 days Mister A will receives ₦500k in return X 4 = ₦2million cool cash. A return of 40% compare to 15% of T-bills for the same number of days.

As we all can see the return on Fixed Deposit is by far the best investment option between the two. As for me T-bills does not really worth the hype. Yall free to do your investigation.
Happy investing
¬ OnlyTru¬

guy u re so wrong pls visit the bank and ask them about fix deposit.
1) ask them about the tax on FD.
2) ask them if FD tenor is for a year or 90day (even if its 90days the tax will still be at a higher rate.

3) FD is not like NTB pls read more on it.

Enjoy the thread we are here to help you

Lstar4real:
I don't deal on eBay or any USA websites for now..Sir

OK thanks