NewStats: 3,262,143 , 8,176,186 topics. Date: Saturday, 31 May 2025 at 10:27 PM 154zo

Fxmanager:
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@Fxmanager
I will check and go through the link. Thank you sir

abraolas1:


if i may ask what is rate you got from stanbic compare to Zenith ?

Good morning sir.
The Tbill officer from Stanbic gave 7.5
Zenith gave me 6.0 but tenor short.
Zenith bank here, will not give you the actual rate and days. It depends on the amount you want to invest not like others banks, where they have constant rate/tenor.
Zenith bank here, will tell you from 1m to 3.5m this rates and tenors. 4m to 9.4m the rates and tenors also, and from 9.5m to 19.4m different also...

Tripleaj:

@Fxmanager I will check and go through the link. Thank you sir

You are welcome.

Hi guys Please am kind of new here lot of information to digest and I am looking to diversify my source of income I want to start with like $ 1000 what advice will you give me based on your experiences? thank you

Ray1251:
Hi guys Please am kind of new here lot of information to digest and I am looking to diversify my source of income I want to start with like $ 1000 what advice will you give me based on your experiences? thank you

I really do not know what u mean by starting with foreign currency...but if otherwise pls see my advice below.

Start with money market funds (MMF)...u can meet Emmasoft to guide u since he is the only trusted marketer we have here for now.

Nakedman:
I think we might get 10% on Tbillls soon. We are at 8.5% now.

FGN savings BONDS NOW 11 and 12% .
Looking forward to same digit on Tbills.

Good morning
Please help with treasury bill result of this week PMA

I guess they are trying to mop up excess liquidity

Nakedman:


FGN savings BONDS NOW 11 and 12% .
Looking forward to same digit on Tbills.

Great people result of Treasury bills PMA please

Okay

yinkaoke:
Great people result of Treasury bills PMA please

Done

efismikoko:
Okay

The rates are spiking! NO investors will look for anything less than 10%. Coming weeks might be interesting

Nakedman:


The rates are spiking! NO investors will look for anything less than 10%. Coming weeks might be interesting

There are still better deals in . The only limitation is get the required minimum of 5M. Presently, MTN has offer for subscription of 184 days @ about 10.4 that is sweeter than the 5.8 TB is giving for 180 days.

Also, C& I leasing has offer of about 14.7 for 270. Those rates are better by far compared to what TB is offering.

freeman67:



There are still better deals in . The only limitation is get the required minimum of 5M. Presently, MTN has offer for subscription of 184 days @ about 10.4 that is sweeter than the 5.8 TB is giving for 180 days.

Also, C& I leasing has offer of about 14.7 for 270. Those rates are better by far compared to what TB is offering.

You forgot to add Commercial paper are far riskier than TB.

freeman67:



There are still better deals in . The only limitation is get the required minimum of 5M. Presently, MTN has offer for subscription of 184 days @ about 10.4 that is sweeter than the 5.8 TB is giving for 180 days.

Also, C& I leasing has offer of about 14.7 for 270. Those rates are better by far compared to what TB is offering.

You're right. I saw the mtn offer yesterday. Mtn has AA+ in ratings. I'm looking forward to coming offers

comatekeke:

You forgot to add Commercial paper are far riskier than TB.

Yes. However, with the rating of MTN Nigeria and the business they do, the risk is tolerable. I will rather go with the 4.8% difference than the risk free TB at this time.

comatekeke:

You forgot to add Commercial paper are far riskier than TB.

What are the risk.

RayRay06677:


What are the risk.

Risk of default.
The company goes out of business
Both are unlikely but still possible.

comatekeke:

Risk of default.
The company goes out of business
Both are unlikely but still possible.

Please bro...how do I invest?.Do I walk down to the bank and ask them for it...say for example access bank....?

Dbossmanager:

Please bro...how do I invest?.Do I walk down to the bank and ask them for it...say for example access bank....?

Yes for treasury bills.

comatekeke:

Yes for treasury bills.

Yes I know treasury Bills.....I mean commercial papers....especially MTN

Dbossmanager:

Yes I know treasury Bills.....I mean commercial papers....especially MTN

I think it is through a stockbroker for that but I'm not sure.

comatekeke:

I think it is through a stockbroker for that but I'm not sure.

Thanks

Boss @ Freeman67.......please how do I get to invest in mtn ....?

comatekeke:

Risk of default.
The company goes out of business
Both are unlikely but still possible.

I will only invest in a secured hence the ratings accompanying the adverts. I think amount is based on value of company or assets on ground that can be liquidated to pay off.
Experts should please explain further, thanks

Dbossmanager:
Boss @ Freeman67.......please how do I get to invest in mtn ....?

The time is almost past ooo. The offer was reviewed to 11.3155% according to what Coronation MB sent to me. It closes by Monday 12/09/22. However, if your money is ready you can mail Afrinvest 'afrinvest securitiesltd @afrinvest. com' or Coronation Merchant Bank ' ibteam @ coronationmb. com ' to get details.


Sorry the picture is not clear.

Hello.....I know this must have been discussed here by....but with over 2000pages ,it'll be difficult to trace.

Well my concern is with this TB investment and the capacity of this government or the next to payback. I know govt can always print money but at wot point is it impossible to continue to print.

Nigerias debt profile is brutal......loan repayment is over 80% of our revenue.

I'm just concerned........uncertainty is too much

zamirikpo:
Hello.....I know this must have been discussed here by....but with over 2000pages ,it'll be difficult to trace.

Well my concern is with this TB investment and the capacity of this government or the next to payback. I know govt can always print money but at wot point is it impossible to continue to print.

Nigerias debt profile is brutal......loan repayment is over 80% of our revenue.

I'm just concerned........uncertainty is too much

Your concern is mind blowing and worrisome. Having spoken to experts, I still get the same answer. “The government will print more money”. Sighs. Let’s see what the whole house have to say about this.

zamirikpo:
Hello.....I know this must have been discussed here by....but with over 2000pages ,it'll be difficult to trace.

Well my concern is with this TB investment and the capacity of this government or the next to payback. I know govt can always print money but at wot point is it impossible to continue to print.

Nigerias debt profile is brutal......loan repayment is over 80% of our revenue.

I'm just concerned........uncertainty is too much

When faced with two difficult options of either defaulting on its debt or printing more money to pay back (which causes inflation), the government will definitely chose the latter.
The former will cause immediate social unrest so it is not even better. CBN has no choice but to continue printing Naira for the foreseeable future. In other words, naira will continue depreciating unless the government finds a solution to the revenue and spending problems.

By the way, CBN has also printed about 20 trillion for the government which is not even recorded yet in our debt. Once it is added, the debt figures will balloon.

Nakedman:


Your concern is mind blowing and worrisome. Having spoken to experts, I still get the same answer. “The government will print more money”. Sighs. Let’s see what the whole house have to say about this.

Nothing mind blowing about it.

Nakedman:


Your concern is mind blowing and worrisome. Having spoken to experts, I still get the same answer. “The government will print more money”. Sighs. Let’s see what the whole house have to say about this.

It is better to do a proper research on the subject if you are not satisfied with the responses of these experts.

I've seen someone here claim to read the CBN governor's memos and ridicule his economy policy as though they were contemporaries.

This house has a lot of storytellers.

Olaide1295:


When faced with two difficult options of either defaulting on its debt or printing more money to pay back (which causes inflation), the government will definitely chose the latter.
The former will cause immediate social unrest so it is not even better. CBN has no choice but to continue printing Naira for the foreseeable future. In other words, naira will continue depreciating unless the government finds a solution to the revenue and spending problems.

By the way, CBN has also printed about 20 trillion for the government which is not even recorded yet in our debt. Once it is added, the debt figures will balloon.

Who told you printing money increases the national debt