₦airaland Forum

emmasoft:
OMO is now available on Myinvestar app, powered by First Ally Asset Management.
Minimum starting capital: 10k

Investment category: Low Risk.

Oluseun234:
Pls I want someone who has been using Stanbic Mutual Funds to date to answer this for me: I was advised to open Stanbic Mutual Funds in my city of residence. I went to their regional branch and was asked to see a lady they claim handles mutual funds, regular savings and fixed deposits. This is my first time with them so I opened a regular savings but I'm told that mutual funds rates are not stable and may crash to the point that I may find the net return undesirable so I should go for fixed deposit for 6months or more. I was confused but they said mutual funds is not stable as I assumed. I chose 6 months which is 13.5% and said this was non-negotiable. But I have not deposited any amount in my regular savings for them to move the money into fixed deposit because I don't have an online app to do this but I have filled the form for fixed deposits and will activate once I deposit 4M into my Regular account. Then I was told that to deactivate both fixed and mutual funds, I still have to come to their branch to do so in person due to fraud concerns. Well, that is not an issue so far one's money is secured but pls what do you all have to say regarding the mutual funds Yield vs Stanbic Fixed Deposit. Thanks.

Iamcute:
I'm trying to download/register with Norrenberger but the apps displaying on playstore is confusing o.
Can you kindly share links/logo of the app to know which exactly to download/register on please? I want to start my MMF investment journey with them

bassdow:
Back then, dem use to call me "black cat." Some platforms don turn person to open-source where you go dey rely on fellow nerds just to troubleshoot issues.

I have account with them since 9 months ago, but I never see reason to fund am. Me no dey rush. Once I pick you, I no dey hurry go anywhere.

So far, Norrenberger and Stanbic IBTC dey try. I rate Norrenberger because you fit easily reach their people.

• @Coolis, why you end your comment like Donald Trump?
• @NJV, leaving FirstAlly na one thing, but make sure your money enter Stanbic or Norrenberger. Dem get their small issues, but dem manageable. Stanbic own na say dem be proper oga—dem no dey chase person up and down with over-high rates.

Creditalerts:
Cash out week is here 🤑🤑🤑🤑🤑🤑🕺🏾🕺🏾🕺🏾🕺🏾🍆🍆🍾🍹

A quick reminder that MMF Is slow and steady wins and not for get rich quick long throat people ,my millions is working actively. No yakubu manage here all we do is win win win cash out big in kanayo o kanayo grand style 😎 🤑🤑🤑

STL MMF🤑🤑
TRUSTBANC MMF🤑🤑
FIRSTALLY MMF🤑🤑
PAGE MMF🤑🤑

Neurotika:
It’s quite disrespectful to call people’s opinion “noise”. Work on your communication skills. If you slowed down a bit to read my comment, you’ll understand where my major grouse is. I won’t be dignifying you with a response further.

Iamblessed8888:
Stanbic on 17% 😲😲😲😲. The OG is back in play

Kingemmyx:
Why this thread so silent? 🙄

Iamblessed8888:
Imagine if someone starts their investment journey with Quantum Zenith. Such a person will be left with a bad notion about investment

CSblackpink:
SEC is really powerful and strict; they are currently dealing with Quantum Zenith, and I have been credited.

FILEBE:
hoarding dollar looks like one hoping the Nigerian economy goes from bad to worse. In my opinion, i hav enever thought of it as a good investment plan. i mean, a serious government will try to do all it takes to strengthen the naira against the dolar

Babygal2020:
Oh

I have over 50M there. I dey manage their low rate.

Babygal2020:
I was thinking most of us here are no longer using Stanbic IBTC. I was wrong. I no fit leave dem shaa despite their low rate.

vanvickie:
Good morning fellow investors. Please I need your input on this...

I'm based in diaspora, however, I've been investing on tbills and stanbic mmf.

Recently I noticed that the rates of stanbic mmf is kinda low, hence I want to move my funds to another mmf that has a higher yield, from what I've read in this page I can see that FIRST ALLY, TRUSTBLANC AND STL seem to be good. However, I'll like to confirm which of them will be suitable for sm1 in diaspora in terms of customer service (like response/replies to emails, calls etc), easy of withdrawal, ease of app usage, etc.

Secondly, how do I get a CSCS account as I am planning to invest in Dangote IPO (is the hype really worth investing in it) and probably diversify my portfolio.

Lastly, let's say hypothetically, I have 100m. How would you advise I share the funds if I am investing in Tbills, MMF, Bonds, Dangote IPO. Or if u had that amount what percentage will you use to invest in the aforementioned.

While I have some knowledge about all these from my little experience and online research, I'll love to hear from real life investors who are already in the game and those with vast experience.

Thank you.

investmentvirus:
As an Investment Analyst and Fund Manager with over 20 years experience. With over 10 years experience in the Real Estate Industry. grin

Keep 70% of your money and Buy Dangote Refinery Shares once it comes out in September (Stocks) This is HUGEEEEEEEEEE. This Shares will re-design ones destiny.
Make sure u have your CSCS and Clearing House Number, a stock broking firm can help u with that.
So immediately Dangote Refinery IPO comes out, u invest as much as u can.
You will get dividends in dollars.
This is going to be the best decision u will ever make in ur life.


For Equity, this is High-Risk, High-Reward.
There will be sweet months, there will be bad months.
This the best time to invest in Equity fund, now that there is a major dip.
Put 30% into Stanbic IMAAN FUND or Zedcrest Equity Fund. (Zedcrest Annual Profit is Massive) U can buy both.
Then keep topping up every week or every month and watch ur money grow.
This should be a long term investment.
Watch your money compound over the years.
People will be wondering if u did jazz (Thats if u can keep for 8 years at least)
This will be the second best decision u will ever make ever. Sweet for Retirement Plan. tongue grin smiley wink shocked cool


Later, If u have loose change, invest it in Money Mutual Fund.

Come back and thank me later.

Cheers to a sweet retirement plan.

uwaifou:
MESSAGE FOR STL TEAM

Currently, the invested capital and the accrued interest appear to be combined, making it difficult to distinguish between the original amount invested and the returns earned. For transparency and easier portfolio tracking, I recommend displaying the principal (capital invested) and the accrued interest/returns as separate figures, along with the total portfolio value as it is obtained in other investment sectors.


This enhancement would help investors better monitor the performance of their investments and improve the overall user experience.

I wish this is considered. I look forward to seeing continued improvements to the platform (app).

aieromon:
Best performing Money Market Funds in Nigeria as of June 2026 - Nairametrics

Rankings are based on SEC-reported year-to-date yields as of June 26, 2026.

10. CardinalStone Money Market Fund (18.25%)
9. Zedcrest Money Market Fund (18.68%)
8. Greenwich Plus Money Market Fund (18.81%)
7. Page Money Market Fund (19.00%)
6. Trustbanc Money Market Fund (19.40%)
5. DLM Money Market Fund (19.68%)
4. STL Money Market Fund (19.70%)
3. First Ally Money Market Fund (20.01%)
2. RT Briscoe Savings & Investment Fund (20.30%)
1. Coronation Money Market Fund (20.54%)

https://nairametrics.com/2026/07/10/best-performing-money-market-funds-in-nigeria-as-of-june-2026/

sharone21:
Even without removing WHT tax from Customers funds, I doubt if many of us on Mutual funds thread ( also doing Fixed deposits)will be too excited about the rates here. However, it may be okay if you have soooo much funds to DIVERSIFY with.

Jaay2:
The war is bad for mmf rates and good for equity

UncleJudax:
15.13% today. Crazy work.

Nakedman:
Right. They have made withdrawal instant. One of the reason i am still sticking around them despite their bad rate.

Chidimercy:
Please I credited my Stanbic IBTC mutual fund since yesterday being 1st early in the morning and uphill now its yet to reflected. I used my personalised account for this transaction. Please what could be the cause and how do I resolve this? Already sent them an email and I am yet to get a response.

UncleJudax:
Stanbic really need to work on BlueNest. The authentication is unreliable, especially on the 1st of every other month (payment day)

investmentvirus:
Since there has been losses, why cant the Fund Managers (for equity) sell the shares they bought earlier so as to preserve our capital/profits.

Cos it is so foolish for them not to.

I smell a foul play here. (stealing our funds) claiming its the stock market.

They intentionally keep withdrawing our funds, and claim they registered losses.

They claim to be professional fund managers with many years of experience. Will i call them foolish or fraudsters?