I wish to bring experts students and users of finance together to discuss issues relating to best financing options available and better way of investment.

loan appraisal I.e determining which loan package best suite which individual considering their plans and status + money and capital market analysis . I.e free investment tips to potential investors

so this us the thing if u already approach few commercial and micro finance banks and they offer different rates and discounting period
we can help you pick he best ... plus if you wanna know more about capita and money market securities than u can trade on this is the right place !!! bring it on

What is the procedure for investing in the government
securities?
The applicable procedures for investment vary from one market
to the other and from one security to the other. Primary market
Procedure for investing in treasury bills and treasury
certificates: All investments are by auction Subscriptions at this
market are for 91,182, 365and 730 days for treasury bills and
treasury certificates respectively. An advertisement, inviting
bids for the securities is placed in selected national dailies in
advance of the auction. The amount of securities being applied
for must have a minimum value of N10,000 and in multiples of
N1,000 thereafter. Interested investors should obtain and
complete application forms through authorized dealers (Banks
and Discount Houses and Stock brokers). Interested Authorized
dealers may submit tender on their own account or on behalf of
their customers. Therefore, subscription is open to banks,
discount houses, corporate bodies, institutions and individuals.
Tenders for the Bills or Certificates are submitted on Mondays,
Tuesdays and Wednesdays before 1.30p.m on the prescribed
printed forms and in sealed envelope marked "TENDER FOR
BILLS OR CERTIFICATES". Pricing and Allotment: Successful
subscribers at the auction are allotted applying the Dutch,
Multiple price auction system. Under the system, successful
applicants pay for their allotment at the price quoted by them.
Result of tender of and allotment The result of the tender is
announced before the close of business on Wednesdays.
Allotment letters are issued to successful tenders on Thursday
while payment in full for the amount of the successful tender
must be made to the CBN not later than 1.30 p.m on the issue
date – Thursdays. The accounts of the authorized dealers
which must be funded are debited with the cost. Procedure for
investing in FRN Development Stocks An advertisement,
inviting bids for the offer securities is placed in the national
dailies. Interested investors usually obtain and complete
application forms though authorized dealers (Banks and Stock-
Brokers) and CBN branches nationwide. Allotment is made
partly or in full depending on the level of subscription.
Allotment letters and Certificates are issued to successful
bidders. Secondary Market Procedure for investing in NTBs
through Open Market Operation.(OMO) All investments are
through auctions Notice, inviting bids for securities is
forwarded to licensed Discount houses and banks a day
preceding the auction. Subscriptions are open to the general
public i.e. banks/discount houses, government agencies,
corporate bodies institutions and individuals. All applications
must however be routed through licensed discount houses. The
amount of securities being purchased must have a minimum
value of N10,000 and in multiples of N1,000 thereafter. Each
applicant must state the discount rate and the amount of
securities being applied for. . Pricing and Allotment under OMO
Auction. Successful applicants at the OMO auctions are allotted
using the Dutch, multiple pricing system. Under this system,
securities are allotted to applicants at the rate quoted by them.
The accounts of the successful applicants are debited with the
cost through the discount houses. Notification of Results
Results of the OMO auction are announced through the
discount houses and banks; and on the following day through
the media. Procedure for investing in securities at Settlement
and Control office of CBN Authorised Dealer Banks and
Discount Houses and other institutions that maintain accounts
with the CBN have direct access to the CBN and they can also
give mandate for automatic investment of idle funds on their
accounts. Other investors would communicate their intention
through the authorized dealers. Trading can be undertaken any
day of the week during approved banking hours. Rates at this
market are administratively fixed and as such are lower than
rates obtained through auctions. Procedure for investing in
Government Development Stocks. All transactions must be
undertaken by application through an authorized Stock- broker.
The transactions are carried out in three forms – ‘Cum Div’, "Ex
Div’, and ‘at Par". These terms are explained below: - ‘Cum Div’
- the market value plus the accrued interest i.e. from the last
interest payment date to the transaction date. - ‘Ex Div’ –
market value less interest for the number of days to the interest
payment date (that is for transactions executed after closure of
Stock Register i.e. 21 days to the next interest payment date. -
‘At Par’ – same as the nominal value. Transactions are at par
when they take place on interest payment dates. Procedure for
investing in the 1st Federal Government of Nigerian Bonds – All
transactions in the Bond must be undertaken by application
through a Government Stock broker.