You're so welcome!

You're welcome.

Glad to hear this! Thanks

You're so welcome!

Great to hear! Thanks

You're welcome!

You're so welcome

You're so welcome. Glad to hear this. And Yes, I do have a video where I break down mutual funds in detail. Check it out on my channel

Thank you!

or just save the video to a playlist

M36 by union bank

Very true. Policies change every time. Investors need to prepare for these kind of economic changes.

I doubt it, once your rate was set any changes after that shouldn't affect your investment. But if you change your mind to sell before the end of is tenure you may lose some money. Please I'm not an expert just a personal opinion.

Thanks. That’s a great suggestion

Same question here. Can't wait to hear her perception on the topic

The commercial bank will share all details with you.

Hello. You're welcome. Re; your shares in the two banks you mentioned. I know Guardian Express Bank merged with other banks into Spring Bank. and Spring Bank was taken over by the CBN and renamed Enterprise Bank. Recently, Heritage bank acquired Enterprise bank so , most likely your shares are now shares of Heritage Bank. Please reach out to a stock broker to do a search for you. That would help

@@Tomiebalogun. I cannot thank you enough! I will surely take steps to locate their contact online and take it from there and also get back to you. I really appreciate your help. Thank you so much for the information.

@@Tomiebalogun. Just to give you the update. I got reply from Heritage Bank saying I have to contact (NDIC) Nigeria Deposit Insurance Coporation. But I have sent them an email and hoping someone will help otherwise I will have to find a broker as you have advised. Thanks.

@@koalsam1494 I do not think that's the right institution to contact. The NDIC is the right company to contact if you had cash deposits in those banks that have been acquired. But you can go ahead and also make sure you contact a stock broker for help

@@Tomiebalogun. Thanks for the clarification but as am not in Nigeria, can you please suggest how I can get a broker or you know any? And also can I use a broker from UK where am based? Thanks

Thanks for the enlightenment too. Never knew you could liquidate treasury bills before the tenor ends

Yes, that's true. You need to ask what the underlying securities for that mutual fund are. If it is a money market mutual fund, it may be pegged to an average of the rates on securities in the money market. A treasury bill is just one example of a security traded in the money market. I hope this clarifies

Yes, it can be done. Please send me an email so I can share more information hello@tomiebalogun.com. Thanks

@@Tomiebalogun. OK...thanks. Am sending right away

Am just listen to this program for the first time,assuming that I want to invest like 1 million naira for 91days how much will be my profit and I also heard that treasury bill is not more available in all banks is it true?

Lol... that’s why it is a safe investment. Low risk. Low returns. You can invest and go to sleep. You can’t do that with rice trading.

Yeah. Returns are low, but so is the risk.. Most super yeilding investments are quite risky.

@@samuelokwa6219 exactly; the higher the returns the more the risk.

@@samuelokwa6219 ignore the "risk" and focus on the "super yielding" part.

@@salaudeenibrahim4569 you should see other countries. Nigeria is even better. Others are 1%,highest is 5%