₦airaland Forum

Bugatie:
You'll be shocked, banks are already crashing their rates to 1%, and I'm sure it will be so for for all banks before new year.

Most of the banks invest your money in Tbills anyways, so its bound to crash their prices, you can always reduce the risk of a risky investment with knowledge, don't be afraid to go into it and always test the water before jumping in

The Discussion here uplift my spirit and force me to hustle, since I started following this thread my finances have grown tremendously

ojesymsym:
Still functioning. Just got 112 days secondary for 6% a few minutes ago at 11:35. This is 11:40 now. I had another option for 63 days at 5%.
What I did, I took the phone number of the person that received my filled form because at the time I filled there was none available. So from time to time I kept calling from time to time to prompt the person to check, don't forget they are also busy and won't remember to do that for you without the very polite prompting.
My experience in life is that simple cordiality and respect gets things done.

Still functioning, I got 5% at 62 days, Demoralizing but what can man do?

healthserve:
Rather than be a market chaser chasing the highs and lows to offload and buy I rather return back to FOREX, with low leverage that trims capital exposure one can make a moderate 25% monthly in Forex so why sit all day with this our somehow-market.

YOu are very intelligent, this is exactly what I am doing, most people say Forex is very risky but they lack understanding, once you study the market for at least a month and trade using low leverage, the tide will always come in your favour, I trade using the GDP/USD pair

klas:
I was at Stanbic-ibtc Garki Abuja today but was told they no longer do secondary market because of cbn directives.

Can someone please confirm if this is applicable in their other branches?

I did the last one there in September.

That's not true, you can still do secondary market, try and get an account officer that you can be communicating with via email, my account officer can't try this with me, she knows the blasting she will receive

Why attack him, he just launched a train service that is even carrying people for free, if he did not do anything they will say he has not done something, if he does something they will say he has not done enough, for more than 20yrs our railway system has not been functional and he brought it back to life, please he is not the one to be attacked
Thank you

You guys should just forget about the rates increase, as long as Government is focusing on Taxation, it is getting money from other sources and does not need our treasury bills, this thread should be closed

RealityShot:
excess demand where?

the shops in the market had hundreds of bags in their stores...@N13k...

the next week same shops started selling same stock for N25k+

and worse..now they are rebagging local in foreign labelled bags!!

i was not told..I SAW.

THIS COUNTRY NEEDS MASSIVE REGULATION...

You are incorrect, the Agricutlural sector cannot produce enough to feed the nation, this is pure economics 101, when demand increases the price increase

chigo4u:
You are very wrong, the naira was going for almost 500/dollar in 2017 before the support from cbn

This Dollar rate is artificially pegged by CBN

RealityShot:
we are consuming local rice...

why did the price rise after border was closed just after sallah?

is that the intention of CBN?
TO MAKE LOCAL PRODUCTS AS EXPENSIVE FOREIGN ONES?

since CBN is trying to control the market.. They should stop local producers from raising price FOR NO REASON AT ALL!

EMEFIELE.. You have become Baalam...
You shall reap likewise!

The price rose because of excess demand and limited supply

Wiseoldman:
Hello,

Kindly advice the easiest way to invest in GH Tbills.

It's an uphill task bro, you have to get a resident permit, to get a residence permit you have to have a job offer in Ghana, anyone that has an easier method should please speak up

Ultimated1:
Good Morning,

My name is Samuel and i am a Representative of UK-Dion investment limited.

UK-Dion Investment Limited is an asset management company with a lot of experience and expertise in fund management. We give individuals and institutions sound and practical advice on investment to assist them attain their financial goals. We are duly registered in Nigeria under the Corporate Affairs Commission (CAC) and regulated by the Securities and Exchange Commission (SEC) as Funds and Portfolio managers. Having been in operation for over 4 years, our firm has been built on a strong foundation of integrity and professional ethics and we are bound by the law to put our client’s interests before ours. Investors’ funds are duly insured by Cornerstone Insurance Plc.

OUR INVESTMENT PLANS

PRIME CAPITAL INVESTMENT PLAN: this investment plan is targeted towards individuals, group of persons; associations or cooperatives whose goals is to invest their capital in a secure and high yielding investment product
Features:
• Account is designed for individual and corporate investors.
• Minimum investment amount is N250,000.00
• You can earn as much as 19% (T & C APPLY) interest on your investment.
• Up-front payment of interest to investor(s) on investment tenure of 2 years and above.
• Investment tenure ranges from 3 months to 5years (12%-90days, 15%-180days, 18%-365days P.A)
• This investment plan is duly insured by Corner stone Insurance.

UK-DION CHILD TRUST FUND: The Uk-Dion Child Trust Fund is designed for parents and guardians who desire to secure the financial future of their children. It enables them set aside funds early enough to give their children the quality of life they dream and desire for them.
Features:
• Investment tenure: 5 years.
• Minimum investment amount: N1 Million Naira
• Interest rate 20% P.A.
• Minimum contribution period: 2 years (T & C APPLY)
• Account can be funded in single lump.
• Option to indicate how funds should be applied at maturity.

SMART SAVERS INVESTMENT PLAN: [/b]This investment plan is designed for salary earners and business owners who are desirous of cultivating a savings culture
Features:
• [b]Minimum investment N10, 000;
• Minimum investment tenure- 1year,
• Option to convert funds to other investment plan,
• Monthly notifications of receipt of payment via Email or Text message.
• Investors specifies target savings amount
• Interest rate is 12% P.A


For more Information: visit our website: www.ukdioninvestment.com

you can also visit our Lagos office at 81, Adeniyi Jones Avenue, Ikeja, Lagos or call/Chat me on +2348065210072.

We look forward to doing business with you.

Please create a seperate thread

eazyway212:
What is the meaning of prorating?

Investing a certain percentage of the bid instead of the full amount you requested

cucumbar:
Is it that individuals can no longer buy in secondary market or it also includes primary market as well ? I don’t understand this shit.

We need to go to CBN and protest

DigitalMallam:
More troubles for Nigerian ailing economy, remember the $9.6bn judgement in the UK; if 9ja eventually losses this case and is forced to pay the total sum, from our meager $39bn ext reserves then we should be prepared for a mega recession.
Honestly all Nigerian leaders past & present will never know peace either dead or alive. They have gambled with future of its citizens.

Excerpt below;
$9.6bn Judgment: Nigerian Government To Pay $200m P&ID Deposit Monday, Firm Claims
The British court had asked Nigeria to pay $200m security payment in the court’s account while granting request to stay execution in the award of $9.6bn award in favour of Process and Industry Development Limited.

However, this will increase treasury bill rates

ahiboilandgas:
it an invention...it requires the brain....not like airline that requires capital...

Managing an investment with 1000's of staff requires brain too, again Seun did not build everything on this site on his own

careerwoman:
Aswear, your first paragraph is what I really would love to do tomorrow.. It doesn’t make any sense, there was no place in the form where I filled “roll over request if bid fails”.
I have lots of engagements starting from next week Monday and need my funds back immediately.
Plus, Tbills isn’t looking enticing anymore.

Send your account manager an email, copy CBN if possible, it always works wonders

TotoNaRubber:
Have you heard about the saying "put your money where your mouth is".

There are complications with financial investments, if you don't live in or are not from the country where you intend to invest, don't do it.

The stress you will go through when there is a problem will threaten the return of capital.

Invest in Nigeria where you can attend to any complications within 24 hours.

Thanks for this relevant information

dipoolowoo:
Ghana Lures Treasury Bills Investors With 18% Rate
https://businesspost.ng/economy/ghana-lures-treasury-bills-investors-with-18-rate/

How can one go about investing in this

Bbbwings:
That person invested in equity mutual fund
To have rest of mind, be sure it is money market fund and no other.especially if youre using Axamansard

I really appreciate your kind response, for mutual funds is it a possibility that I can withdraw the proceeds monthly?
I really appreciate your feedback, thanks so much

Please is mutual fund a safe investment, have there been any report of people losing their capital, if yes what are the return and how can one go about it
Thanks for your kind response

CBN must increase TB interest rates to match the current inflation, which is caused by the border closure

9jatriot:
I just did a 359 days @Zenith a few hours ago. Rate was 8% p.a.

This is Crazy! Can anyone suggest a better risk-free investment?

crowntoro:
hi guys! This is the second time consecutively that my T-bills investment is not going through...
So I need suggestions on what to invest in and it's less risky.

Have you asked your account manager why the investment did not go through? have you tried investing in the secondary market?

emmanuelewumi:
Don't ever make the mistake of going into a business you don't understand, unless you are ready to be an apprentice under someone who has succeeded in that line of business.
That is why I can't go into farming or transport business. That doesn't mean those businesses are not profitable

Seconded

Perra:
Please explain ooo. People. please explain. how does Treasury bill work??

You invest a certain amount for a certain period of time (90, 180, 365 days), if you are investing via a bank the return are instant usually between 8 - 12%. For example if you invest 10,000,000 for 360 days you will be given around 800,000 - 1,200,000 upfront, at the end of your tenure, you will given your capital, I hope you understand

Best Regards

Grupo:
Another clown creates an account in November, comes directly to this thread to remind us to invest in "real sector."

Clown.

I must state that I have been a strong investor in T-bills and have been following this thread for years as a guest, I only recently wished to start contributing and sharing ideas with the intelligent minds we have here, however we must understand that things are changing drastically in Nigeria and like a Bamboo we must bend and not break

jabolo:
I agree with you but I'm not sad. TBs will always be there but that wall of 'lazy' money needs to find a home in the real sector.

Thanks for your response, most top economies in the world have very low TB interest rates, that is because their economy is so strong that they do not require public funds for initiating projects, they usually get them through tax, Nigeria has started implementing strong tax policy, I really don't see TB rates rising anytime soon, at least for this Government, I used to be a strong investor in TB, but now I am thinking of going into something else like starting a farm or building an App, at least I will help the economy in my own little way and provide employment

Things are tough now, but we must succeed

In as much as I am sad at the dwindling TB rates, I see it as a good step in growing the economy, there is a huge demand for rice in the country, coupled with the border closure, this is a big opportunity to invest in the real economy, there are a lot of business opportunities available in Nigeria now, but an elevated sense of fear will not allow people invest in the real sector

I am sorry to hear about your predicament, but let us look at the facts here,
You and your husband were happily married
After some years you were not able to produce a child, though we are not sure who's the fault
Your husband become s disgusted at you because you are not able to give him a child
He's love for you is based on what you can and cannot provide from him, even though he knows your genuine intentions towards him
He will not magically start loving you unless you can provide a child

Given the above scenario, we can say that in order for your home to remain happy you have to give him a child or leave the marriage