GTBank makes it easy to invest in Nigerian treasury bills through its app and treasury desk. This is a practical walkthrough of the process — from requirements to settlement — so you know exactly what happens to your money.
Account Requirements
You need a GTBank savings or current account, a valid BVN and sufficient funds. Some products may also require a domiciliary arrangement if you buy dollar-denominated instruments.
Application Process
- Open the GTBank app (or contact the treasury desk).
- Find the treasury bills / NTB product.
- Enter the amount and tenure (91/182/364 days).
- Confirm your bidding preference and authorised amount.
The Bidding Process
Your bank submits bids to the CBN auction. In competitive bidding you state a rate; in non-competitive you accept the marginal rate. GTBank will communicate your allotment and discount amount.
Payment and Settlement
- Funds are debited on auction settlement.
- The discount (your return) is credited up front.
- At maturity, the face value returns to your account.
Rates and Taxation
Rates vary per auction with the CBN's monetary policy. T-bill income may be subject to applicable taxes — check current rules. Never chase above-market offers; buy only through official channels.
FAQ
Is there a minimum amount to invest?
A common minimum is ₦100,000 for retail NTB investments; confirm with GTBank.
Can I invest in foreign-currency treasury bills?
Separate instruments exist for foreign currencies; eligibility and minimums differ.
Related: Treasury Bill Rates in Nigeria and Open a GTBank Account.
Disclaimer: Information only; confirm current rates, minimums and terms with GTBank.