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Treasury Services
Funds Placement
This is a special fixed placement with very attractive
benefits. The rate applicable depends on the amount and
tenor and it is industry competitive.
Cash Management Services
This is a specialized account with account with current
Account features. Cheques can be lodged, withdrawal and
payment instruction made instantly with flexibility of
operation.
Treasury Bills
We assist client invest in gilt-edge securities issued by
Federal Government of Nigeria through the Central Bank of
Nigeria. They are short – team debt instrument offered at a
discount.
Commercial Paper
These are short – team promissory notes issued by blue chip
companies at discount and the applicable rates are above
bank deposit rates of similar tenor. We arrange bank
guarantee, act as Brokers and serve as payment institution
for matured Commercial paper. The tenor ranges between 90 –
180 days
Bankers Acceptances
These are promissory notes issued by banks to repay
borrowed fund at maturity to original investor or holder in
due course. We act as agent.
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