₦airaland Forum

Stockhunter:
But in this case, price of goods which is interest/discount rate will do the opposite which is go down.

Grupo:
Wow. Why the sharp decline in 365 rate?

Many bank's bids for that 365 days will likely fail.

freeman67:
While trying alternative investments aside what exists here, I did a corporate Sukuk (Taj Sukuk 2) last year. Right now it's about looking like the worst investment I have tried. I have done CP's, PN's and other alternative investments but this Taj Sukuk seems to be the the worst. I complain about FGN Sukuk and bonds proceeds for sometimes taking up to 5 days before being credited but this one is worse.

Thanks for this guidelines.

I will adhere to it for peace of mind.
First of all, it was advertised from June to July 2025. We made payment by July ending and after that, we expected to get the allocation (Proof and terms of investment) immediately to no avail until after like 2 months and a week or so in October. The bi-annual rent payment (coupon payment) was to start in January 2026. However, we got a mail informing us that they have graciously decided to pay us quarterly payment this January 2026 which means they want the investment to start counting from the October when the allocation notice was sent.

Also, we were informed about 2 weeks and 2 days ago that the funds for the payment of rent was ready and that they are waiting for approval from SEC before disbursement. Up till now, nothing.

1. My first question that I would love to ask them is ' who bears the loss of rent on the first lose to 3 months the money spent with them? All the FGN SUKUK, Bonds, Savings bonds, CP's and PN's that I have done before starts counting from the closing date as stated in the advert. In this case, it is 28th July.

2. Payment dates are supposed to be fixed and payment is expected to be made to investors on the fixed days for as long as the the investment last. Which is minimum of 5 years in this case. Going by their 3 months, it starts counting from October 3rd meaning January 3rd was supposed to be their payment date. Yet we were only informed on the 9th of January that the funds is ready but needs SEC approval. It's supposed to be bi-annual payment or even quarterly if we go by their mail. Is this how we will continue to use almost 1 month to wait for SEC approval anytime payment is due or it's just a one off thing.

I am posting this here to hear from other investors investors if there is any and to other potential investors of what it entails incase the ever come across and develop interest.

Adegokenath:
please how to calculate the 10% wh tax

Ugmama:
Hello guys

What is the best advice for this man.

He has about some pounds to invest in something like mutual fund or treasure bill.

He wants to get 10m naira every year from this investment.

What’s the safe options for him?


Treasury bills at 18% on 100m will give him minimum of 16m considering charges then his target of 10m will be exceeded while he further invest 6m in any other investment if not same Tbills.

For example investing 100m to get 10m yearly is not bad.

Odunharry:
I hope anti spam won't ban and hide this post.

You can get 20-21% for 6months range 10-50m(backend)
I did way lesser amount for 120 and got 19%.

Check my sig

Oyibopepe2000:
Secondary market?

Odunharry:
It does. Before now Tax on Tbills was suspended then later reintroduce about three years ago but some banks don't charge. Late last year, a circular was released by FIRS mandating all banks and investment house to deduct WHT on short term instrument.

For Government instruments that are more than a year like FGN Savings, Sukuk, Bond etc and they won't be taxed

1kinggy:
Your TB is a short term instrument. They will share in your profit.

VeeVeeMyLuv:
Please will the new tax laws affect our Treasury bill investments?

Because you know our TBills investments are in the million millions if not running in billions, as you know they are targeting funds that drops in accounts. I heard they are also planning to activate 10% VAT on every transaction that takes place on our ATM cards.

We run a risk of the government tax people, regulators and banksters being unable to distinguish between investments and income!

Oyetunde49:
Please have you recieved your payment? Still waiting for mine.

Oyetunde49:
My TB investment is mature today . Can I expect payment today been public holiday or I have to wait till the next working day ?

Shalom428:
Today's Auction Result - 10th December, 2025

thebaft:
Is there another primary auction this week?

Odunharry:
I can't post somethings because of anti spam will ban. I saw access rate some months when they were mobilizing funds for fd and the rate isn't that bad. But to get as high as 20 with commercial bank, funds has to be around 200m above it depends...

Ren..money fixed deposit is slightly higher still depends on volume

Odunharry:
MFB/Fintech give that also atimes, slightly above that all depends on volume and tenure.

I know a commercial bank that can do that but the volume will be huge

Educationalserv:
You didn't escape they waiting at Maturity

Risingcash94:
WHT may be deducted at maturity.

heavenisreal18:
You seem not to get the whole gist,they just started this compulsory WHT of a thing,wait till your investment matured or go to your bank about it. They just started it

Timmi:
The requirement became effective September 2025. If First Bank is not, just wait, it's a matter of time. It is not a bank's decision to make, it is a requirement of FIRS

Timmi:
The bank/investment house will deduct 10% as WHT on INTEREST ONLY.