₦airaland Forum

eezeribe:
LOL, did you just mention emptying your mutual funds account... That was what I did 9 months ago and I thank God I took that action...

Na when I wake be my morning. I just wished I heard about them before now. Since last year, my funds just dey dormant for MF with an annoying 4.% interest, delved into some agritechs and hopeful but with this, I'm jumping in full.

I went to their office at Asaba, I was over convinced to invest more than I planned to risk and come 24th of August, I'm so emptying my mutual funds account to MBA. If I perish I perish.

Guys, learn to use the internet when you are not sure
Caucasians and Boerboels are both classified as large breeds but the Caucasians weigh slightly higher.

Newcomers will hardly follow
Just opened an account but don't know what to do, I've been reading but understanding a little
Una parables too much

Parents pix

FarmTech:
.
Ok. My phone is usually off though. I will call u 2 morrow.

Still waiting for your call

Location?
For sale or lease?
Size

details please

Newbie alert!
Where do one start from?

Will give you a call

FarmTech:
Long time man. Hw are u?
Which form of livestock?

Anyone at all
I dey o

Camelo:
I really need this but am in Anambra...

Same here

Will also be needing one in Anambra.

Town and State?

That's why it has always been advised to pick up puppies from 8 weeks and above. She definitely didn't learn that from the mother but on the contrary, she didn't learn some do's and don't's.

Chidoo1234:
Where then can someone invest and get reasonable interest.

No idea for now, apart from the real sector

singletech:
is for Sunday and Monday(Today)

Incorrect. It's for Saturday and Sunday, that of Monday will enter later in the evening.
Rates are too poor now, 6.

Any livestock farm for lease, I'm seriously interested

makeitijn:
Fake news.. if this is anambra then be prepared to bury that snake like a human being.
In that state , snakes , especially pythons are a diety that is worshipped

I marvel at your level of ignorance

Beautiful

sgtponzihater1:
I subscribed in Stanbic MMF since Friday, and its yet to reflect. Any help?

Depends on how you did the subscription, it it was bank transfer, you will see your money today, if not, then it will be tomorrow (2working days)

Systrom:
Can someone tell me the risks involved with this Stanbic MMF

Like, can anything make me lose my money
Either principal or interest ?

Thanks

The only risk possible is when the institution folds up but still, CBN gat your back. Then when Nigeria no longer exists. Other than those, you are in good hands except hackers remember you

Grupo:
You are a joker.

You approached a bank and they gave you a loan because you mentioned specifically that the money would be used to start an agro business.

Keyword: start an agro business not invest it in treasury bills.

Imagine how people react emotionally without reading, I never approached the bank, the reverse was the case. I never asked for agric loan, I do an entirely different thing and the loan was never for agricultural purposes, they just came up with the reason of expansion. Read and comprehend before commenting. Wish I can post their letter but it's not just worth it

Nothing is illegal about using loan to do TB, Before now(that's if it's still not happening), these banks approach you to give you loan, whether you need it or not and they will term it expansion of your biz, knowing that you are capable of paying back. I've seen plenty of it and it's not illegal, everybody is playing safe but due to over subscription, they want to put an end to it.
Once upon a time, your TB cert can be used as a collateral. Tell me it was illegal too

ahiboilandgas:
stupid and criminals have been using cbn agric loan. ,bank of industries loans given to customers at 3 to 8 percent to buy up t.b at 12 making 5 percent and killing agric and industries....those 500 bn used to place bid is false ,unfunded , intervention loans ....419 people ....all t.b bid mist funded from real hustle

I must say that the banks are the cause of it all. I once tried to access BOI funds through several medium, but to no avail, succeeded in YES-P training and all, but still no funding, now i gave up, only for them to visit my company one day and was trying to see if already-made big companies can access the loan. it pained my soul. If i was given that loan today, i will use it for TB and i won't feel bad one bit.

OFG1:
Don't forget the person who asked said authorized and regulated

Very important. Also a search on them was like a wild goose chase

reservd:
I know of one that pays 4% per month.

Spill

olujaidi:
So if I had 1m and then topped up with 5k would a withdrawal of 5k be liable to penalty? Bearing in mind that I had a balance of 1m?

Not at all but withdrawal of 1m,5k will attract penalty on the 5k only

elothaddi:
Both are ok and the best one depends on how often you will need that particular fund. For MM, your interest is credited everyday and you can liquidate any amount from it provided the first payment to them has stayed more than 30 days. Any subsequent payment can be withdrawn anytime. Lastly the interest rate is always slightly lower than TB. For Treasury Bill, it has different durations from 60days, 90days, 180days, 365 days etc and your interest is credited to you that same day. You can still liquidate anytime but it comes with some charges and you may most likely not get your money immediately in case there is an emergency need for the funds. Get more information online.

Please note that subsequent payments would still stay for 30days too before you can withdraw without penalty.