Investing in Treasury Bills (T-Bills) is one of the safest and most profitable ways to grow your money in Nigeria. Backed by the Central Bank of Nigeria (CBN), Treasury Bills provide secure, tax-free returns for both individuals and businesses.
However, choosing the best bank for Treasury Bills can be confusing since different banks offer varying rates, services, and investment options.
In this guide, you’ll learn:
✅ The top banks for Treasury Bills in Nigeria
✅ Where to buy Treasury Bills (Primary vs. Secondary Market)
✅ How much you need to invest
✅ How to calculate your expected returns
✅ What to consider when choosing a bank
💡 Want to calculate your T-Bill earnings instantly? Use our free Treasury Bills Calculator to estimate your returns before investing!
Top Banks for Treasury Bills in Nigeria
1️⃣ First Bank of Nigeria
First Bank is one of the largest banks in Nigeria and provides easy access to Treasury Bills. They offer T-Bill investments for 91-day, 182-day, and 364-day tenors.
- Minimum Investment: ₦50 million (Primary Market), ₦100,000+ (Secondary Market)
- Tenors Available: 91 days, 182 days, 364 days
- Customer Support: Excellent advisory services for new investors
💡 Not sure how much to invest? Use our Treasury Bills Calculator to estimate your potential earnings.
2️⃣ GTBank (Guaranty Trust Bank)
GTBank offers one of the most user-friendly Treasury Bill investment platforms in Nigeria.
- Minimum Investment: ₦50 million (Primary Market), ₦100,000+ (Secondary Market)
- How to Apply: Through GTBank branches or their online banking platform
- Flexibility: Available for both retail and corporate investors
📌 Need help deciding your investment amount? Try our Treasury Bills Calculator to compare different options.
3️⃣ Zenith Bank
Zenith Bank is a great option for both high-net-worth individuals and small investors.
- Minimum Investment: ₦50 million (Primary Market), ₦1,000+ (Secondary Market)
- Investment Duration: 91, 182, and 364 days
- Additional Services: T-Bills can be used as collateral for loans
💡 Wondering how much you can earn? Use our Treasury Bills Calculator for an instant estimate.
4️⃣ Stanbic IBTC Bank
Stanbic IBTC provides comprehensive Treasury Bill services and access to both primary and secondary markets.
- Minimum Investment: ₦50 million (Primary Market), ₦100,000+ (Secondary Market)
- Investment Process: Can be done through their online platform or branches
- Expert Guidance: Offers investment advisory services
📌 Want to estimate your returns before investing? Use our Treasury Bills Calculator to make an informed decision.
5️⃣ UBA (United Bank for Africa)
UBA is known for its structured Treasury Bill investment services, making it a solid choice for both individual and corporate investors.
- Minimum Investment: ₦50 million (Primary Market), ₦100,000+ (Secondary Market)
- Accessibility: Available via UBA branches or investment accounts
- Competitive Rates: UBA frequently offers competitive interest rates
💡 Use our Treasury Bills Calculator to find out how much you can earn with UBA T-Bills.
6️⃣ Access Bank
Access Bank provides reliable Treasury Bill investment services with a focus on high returns and security.
- Minimum Investment: ₦50 million (Primary Market), ₦1,000+ (Secondary Market)
- Investment Process: Available through Access Bank’s investment platform
- Additional Benefits: T-Bills can be reinvested automatically
📌 Want to compare Access Bank’s rates with other banks? Use our Treasury Bills Calculator for an easy comparison.
Where to Buy Treasury Bills in Nigeria
There are two main ways to buy Treasury Bills in Nigeria:
1️⃣ Primary Market – Direct from CBN (For Large Investors)
- Treasury Bills are sold every two weeks at CBN auctions
- Minimum Investment: ₦50 million
- How to Buy: Apply through a commercial bank like First Bank, GTBank, or Zenith Bank
- Best For: Institutional investors, high-net-worth individuals
2️⃣ Secondary Market – Through Banks & Brokers (For Everyone)
- If you don’t have ₦50 million, you can buy T-Bills in smaller amounts
- Minimum Investment: ₦1,000 – ₦100,000 (varies by bank)
- Where to Buy: Through banks, brokers, or fintech platforms
- Best For: Regular investors who want flexibility and lower entry requirements
💡 Not sure which market is right for you? Use our Treasury Bills Calculator to estimate your returns before investing.
How to Choose the Best Bank for Treasury Bills in Nigeria
When selecting a bank for Treasury Bills, consider the following:
✔ Minimum Investment Requirement – Some banks allow small investments, while others require ₦50 million.
✔ Interest Rates – Compare rates between banks to get the best deal.
✔ Access to Secondary Market – If you don’t have ₦50 million, choose a bank that offers secondary market access.
✔ Investment Process – Some banks allow online applications, while others require you to visit a branch.
✔ Reinvestment Options – Some banks allow you to reinvest your earnings automatically.
✔ Customer Support – Look for banks that offer investment advisory services.
📌 Use our Treasury Bills Calculator to compare rates and choose the best option.
How to Calculate Your Treasury Bills Returns
To help you understand how much you can earn, here’s an example:
🔹 Investment Amount: ₦1,000,000
🔹 Tenor: 364 days
🔹 Discount Rate: 23.2954%
Step 1: Calculate the Discounted Purchase Price
- ₦1,000,000 ÷ (1 + (23.2954/100)) = ₦811,000.00
Step 2: Calculate Your Profit
- ₦1,000,000 – ₦811,000.00 = ₦189,000.00
💰 At maturity, you receive ₦1,000,000, making a profit of ₦189,000.00.
📌 Don’t want to calculate manually? Use our Treasury Bills Calculator for instant results!
Final Thoughts – Which Bank is Best for Treasury Bills?
✅ First Bank, GTBank, Zenith Bank, Stanbic IBTC, UBA, and Access Bank all offer excellent Treasury Bill services.
✅ The best bank depends on your investment amount, preferred rates, and accessibility.
✅ If you don’t have ₦50 million, choose a bank that offers secondary market investments.
📌 Before investing, check the latest rates and calculate your expected earnings using our Treasury Bills Calculator.