So, you’re thinking about investing in Treasury Bills (T-Bills) in Nigeria? Smart move! T-Bills are like the suya of the investment world, popular, tasty (in returns), and easy to get into once you know how. Whether you’re a first-time investor or looking to diversify your portfolio, this guide will break it down in the simplest way possible. 

What Are Treasury Bills? 

Treasury Bills are short-term debt instruments issued by the Central Bank of Nigeria (CBN) to help the government raise money. In simpler terms, it’s like lending your money to the government for a little while and getting it back with some juicy interest. 

Why Should You Care About Treasury Bills? 

If you’re looking for a low-risk investment that offers decent returns and is backed by the “almighty” government, T-Bills are your go-to option. Here’s why: 

  • Zero Risk of Default: The Nigerian government rarely ghosts its creditors. 
  • Flexible Tenure: Options of 91 days, 182 days, and 364 days to suit your financial goals. 
  • Competitive Returns: Even though rates fluctuate, they often beat traditional savings accounts. 

How Does Treasury Bills Work? 

You invest at a discounted rate. You pay less than the actual value, and after the maturity period, you get the full amount. For example, if you invest in a 364-day T-Bill with a face value of ₦1,000,000 at a discount rate of 10%, you might pay ₦900,000 upfront and get ₦1,000,000 at the end of the tenure. Sweet, right? 

How to Invest in Treasury Bills in Nigeria 

Now, let’s get down to the “how” part. Here’s a step-by-step guide: 

  1. Choose a Broker: You can buy T-Bills through the Zedcrest Wealth app or speak to any of our Wealth Managers to participate in any of the Auction.  
  1. Know Your Investment Goals: Decide how much you want to invest and for how long. Are you saving for rent, a new business, or just growing your money? 
  1. Place Your Bid: T-Bills are sold through an auction system at the CBN. You can either participate directly during the auction, buy in the secondary market or  access Treasury bills on fintech apps like Zedcrest Wealth. 
  1. Fund Your Account: Depending on the market or platform you choose to buy Treasury bills, you are required to fund your account based on the amount of T-bills you want to buy. 
  1. Sit Back and Relax: Your T-Bill will mature after the chosen tenure, and you’ll get your full face value deposited into your account. 

Where to Buy Treasury Bills 

The easiest way for you to buy Treasury Bills in Nigeria is via Zedcrest Wealth. With a minimum investment of N100,000, Sign up and log in to the Zedcrest Wealth app, fund your Zedcrest Wealth account, Choose the treasury bills you are interested in and buy. 

You can also buy from the primary market directly from CBN and the minimum investment is N50,001,000. If your investment amount is not up to the minimum of the primary market, you can buy from the secondary market through authorized dealers like banks and investment firms. 

  • Commercial Banks: GTBank, Zenith, Access, etc. 
  • Investment Firms: Meristem, ARM, Zedcrest Wealth etc. 

Pro Tips for First-Time Investors 

  • Start Small: You can invest with as little as ₦100,000 on the Zedcrest Wealth App. 
  • Stay Updated: Keep an eye on CBN announcements for new auction dates and rates. 
  • Reinvest Your Earnings: Roll over your matured bills to compound your returns. 
  • Diversify: Don’t put all your funds in T-Bills; mix things up with other investment options. 

Final Thoughts 

Investing in Treasury Bills is like having a financially savvy bestie, it keeps your money safe, grows it steadily, and gives you peace of mind. Whether you’re a salary earner looking to stash away extra cash or an entrepreneur wanting to park funds safely, T-Bills are a solid option. 

So, what are you waiting for? Get in the game and start investing in T-Bills today. Your future self will thank you! Download Zedcrest Wealth App and start investing.