The Treasury bill rate in Nigeria

[Admin]

There are only a few investments in Nigeria that is guaranteed a good return and it was the Treasury Bills, in this post we will discuss the treasury bill rate in Nigeria.

Invest used to get a lot of money back for investing in the treasury bills in the past, however, the Nigerian government has cut that rate very low that it's no longer profitable if you factor in the inflation.


See the current rate for the year 2020 below

if you need to check the Nigerian treasury bills rate in real-time, use this link https://www.cbn.gov.ng/Functions/export.asp?tablename=securities

 

[Admin]

The treasury bill is a good way to invest in Nigeria, you bid on the tenure, 3 months, 76 months or a full year and the federal government will give you a rate at which they will reward you for giving them money.

for example, if you have #10,000,000 to invest, the federal government may say, they will pay you 12% rate. This means you get your #10,000,000 plus 12% of your principal.

All you have to do is wait until the end of the tenure to get your money back but you always get your interest upfront.

 

[Admin]

If you guys have any question, please ask and. I will try my best to answer them.