Have you ever thought of doubling your income? Ever wondered what to do with your extra money lying around? ''Where To Invest Platform'' is here to help you with that. Don’t be late, Investing is great!

2. TOLULOPE EWENIYI

3. There are thousands of Nigerians who want to invest, but face difficulties in identifying and choosing what areas or
opportunities to invest their money in, even with amounts as little as #10,000
After analyzing the state of the Nigerian economy, investment is an important aspect every individual should consider as
they seek to build other sources of income besides their salary income. In light of this, this initiative ‘’Where to
Invest(WTI)’’ has been created to provide education on the different investment opportunities available and also serve as a
guide, providing answers to questions about investment options before diving in.
This platform hopes to be as interactive as possible and this document seeks to answer questions about investment options
and help make wise decisions.
“In this environment you have to take on more risk to get any given amount
of yield,”
- Jay Wong, Co-manager of Payden Equity Income Fund

4. • What are your goals? Are you looking for safety, income or growth from this
investment?
• How does the investment work? Do you understand the investment well enough to
explain it to someone else?
• What are the risks of this investment? Are you comfortable taking these risks?
• How much do you expect to earn as return on this investment? Is this realistic?
• How long do you plan to invest? Is this a short-, medium- or long-term investment?
• What are the costs to buy, hold and sell the investment? And will you pay taxes
on the money you earn?
• What other investments do you already have? How does this investment fit with
your other investments? How will it change your asset mix?
7 Questions to Ask Before Investing

5. Different Investment options
Nigerian
Treasury Bill
Mutual
Fund
ETFs
Impact
Investment
Network
Marketing

6. Nigerian Treasury Bills
Treasury bills (or T-Bills)
are short-term
government debt
securities, which yield no
interest. Instead, they are
issued at a discount.
Basically, the Federal
Government issues
treasury bills at discounted
prices for maturity periods
of 91, 182 and 364 days. At
the end of the selected
maturity period (days), the
government buys the bills
back at full price.
For example, if Tolu buys
91 days to buy ₦100,000
treasury bills at the
discounted price
of ₦86,000. The Federal
Government writes an
IOU for ₦100,000 and
agrees to pay back in
91days. You don’t receive
monthly interest
payments, rather you
make your “interest”
when the bond is
purchased from you at full
price at the end of the
chosen tenure. In this
case the T-Bill has paid a
14% interest rate.
Where can I purchase T-Bills?
T-Bills are sold in different commercial banks and
official agents such as merchant banks. They sell
to both individuals and corporate organisations.
Is there a minimum purchase amount for T-Bills?
This depends on the bank. Some banks offer a
minimum of ₦40,000.
How long can I invest for?
There are 3 tenures available: 91 days, 182 days
or 364 days.
How secure are T-Bills?
As T-Bills are based on Federal Government of
Nigeria, they are considered one of the most
secure investments to make. They can also be
used as collateral, and are accepted by all banks.
Does the interest rate change?
Yes, it does. It changes depending on the state of
the economy and also on how the banks have
bargained with CBN for a particular rate to give.
The interest rate could be high or low. It ranges
mostly from 10%- 17%. The interest rate also
varies from bank to bank.
Frequently Asked Question (FAQs)

7. #200,000
10%
In your account
Discount
Target achieved
Step 1- Follow CBN on News and follow up on
the interests rate declared every two weeks.
Step 2- Go to the bank and ask further
questions about T-bills and their interest rates
Step 3- Complete the application form provided
by the bank giving necessary details.
Step 4- Negotiate the interest rate you want to
receive.
Step 5- Submit the application forms before the
announcement by the CBN on the rate granted.
Step 6- If the rate you negotiated for is
approved by the bank, your account is debited
at a discount.
Step 7- You will be notified by the bank at the
end of the maturity date that the full price of T-
bills you bought has been paid back into your
account.
Easy to Calculate:
Assuming Tolu has #200,000 in her account,
and wants to buy treasury bills worth
#100,000 at the beginning of the 91days she
wants to take up for her investment. And the
discount of 10% is given. The bank debits her
account with #90,000 leaving #110,000 in her
account. At the end of the maturity date, the
bank notifies her that a sum of #100,000 is
paid back into your account.
The more money
invested, the higher
the returns

8. • Other Investment options would be reviewed each week. More
investment options would be coming up and would be sent via e-mail.
• Next week’s investment option would be Mutual Fund.
• Your questions, suggestions and feedback are appreciated and you
can send them via e-mail- eweniyilucia@gmail.com

9. Thank you