₦airaland Forum

Last week Top 10 gainers

https://youtube.com/shorts/KkhUNm_g5oU?feature=share

EquityM:
I saw it skyrocketed today. CardinalStone equity weighs 13% on it. The highest among the stock.

Enjoy and the next strategy to work on as you see all these gains is the perfect exit strategy, otherwise all these gains you seeing will only be on screen.

Good thing it's equity and not individual stocks. All you have to do is keep an eye on ASI.

ASI is at all time high now, so monitor it everyday and follow up with the news.

More profit bro.

EquityM:
Bro, Is BUA Foods up today? If it's up, I will snore well tonight.

it's a slow uptrend however, it's a good buy because the worst is priced in before this new uptrend began.

It's a good buy for now especially with the news of All time high ASI.


My stock recommendation video for this week drops this evening or tomorrow. Stay tuned.

Neurotika:
I think I’ll stick with the answer given earlier (and that’s because the example cited was wrong). It doesn’t invalidate the question. Platform managers shouldn’t be having daily rates of FMs before direct clients. It’s not done anywhere. However since I’m not on their platform to confirm if the update claim is even true, I’ll let this one rest.

if there is ever a case of this.

Please don't hesitate to take screenshots and post it here so we analyze the situation together.

Batman2412:
I just use cowrywise to check rates of other asset management firms. Sometimes ucap rate will just freeze for days but when I check ucap rate on cowrywise, its always updated

Now that's a clear sign to you indicating that your fund manager is lazy, even Cowrywise works harder than them for you to get updated listing on cowrywise because Cowrywise reaches out to them internally to get the rate. Now if the parent company is lazy to even update their website or app.

Think about how lazy they will be to effectively compete in the money market to get you the best MMF rate.

The handwriting is on the wall already, you only choosing to ignore it.

Neurotika:
He may be referring to Norrenberger…since their rates were frozen on the app for about a week. If Cowrywise were updating those rates on their platform during that period (I don’t know if this is true), then they likely have an information we don’t have. Hence the question….

He got it mixed up because Cowrywise does not have any business with Norrenberger.

Norrenberger has their own internal issues to deal with.

Neurotika:
Asides the liquidation concerns, I think he raised a valid question “Why is Cowrywise updating your interest when the actual FM is still dealing with backlog?” I’ll also like to get clarification on this if his claim is true.

This isn't a concern at all because even on Fman.com, some asset managers rates don't get updated/posted sometimes.

Why is that?

That's because new rate hasn't been updated on the asset management website. Now does that mean, cowrywise team can not reach out to them internally to get the latest rate to enable them update their own listing on cowrywise?

Last week T0p Ten stocks gainers.

https://youtube.com/shorts/KkhUNm_g5oU?feature=share

Top 10 stocks that gained last week

https://youtube.com/shorts/KkhUNm_g5oU?feature=share

Here are Top 10 gainers for last week.

https://youtube.com/shorts/KkhUNm_g5oU?feature=share

And by the way, to stay updated: this is how top 10 individual stocks performed last week.

https://youtube.com/shorts/KkhUNm_g5oU?feature=share

The only thing I am glad about for, is the fact that, this MMF thread has become accepting to discuss other investments and other asset managers.

Before it was a one way street conversation, when you mention Equity, stocks, anything that involves a little bit of risk or any fund/asset manager not used often here you immediately get shut down with replies like, "we only invest in safe investment here", "This is only MMF thread." Bla bla bla

I'm glad that is changed and people are beginning to embrace other people opinion in terms of investment strategy and which asset managers to invest with.

Special thanks to EquityM for reinforcing his stance and investment strategy eventhough he was bullied at first for bringing up Equity investment here. He wasn't deterred one bit, he knows the risk involved and owns up to it. He even posts screenshots here.

This is why I call him the number one real investor I know here.

The common goal here is to win and we can only win together when our investment(s) beat inflation year on year.

EquityM:
Bro, I'll wire you something if I get a dividend.

Tithe and offering lol

I actually invest in Equity too and I have been getting those gains too sir.

EquityM:
Sorry, bro. Equity is like buying stocks. However, the stocks are bought on your behalf by CardinalStone. E.g., Gtco, Aradel, Seplat, Buafood, and high-yield dividend stocks. When these stocks rise, you earn money everyday, when the stocks go down, you lose some money. However, some stocks do better than others, so it is unlikely to lose your capital. The interesting part is that you get dividends from these stocks annually apart from the capital gains. To make a profit, you need to invest at least 50 to 100k to fight off losses. At present my capital is 8m, so my weekly profit can fight off few losses. In a week (trading is 5days) you might earn profit in 3 days and losses in 2 days, a little dip. However, the profit usually beats the losses. This week I only lost 12,000 naira and made 200,000 naira. You can withdraw your money at anytime if the market goes south.

Mr EquityM no go let them rest, you must preach this equity gospel.

Fire on pastor, Tell them lol 😂

bassdow:
I don talk tire, even suggested rather than moving fund, just open 1 or 2 more accounts with other providers and move some into there or make future deposits into them while their rates are friendly enough.
But if you talk, dem go say you loyal to brand or after referal money.

I also said it here few weeks ago a lot of people are using these things like it's MMM / HYIP but dem tackle me like say I no know wetin I talk

Lol Oga mi, you should understand that we Nigerians don't joke with our money.

You instantly become a red flag once a Nigerian senses you have a different opinion to whatever that has been working for them expecially when money is involved.

It's the same with Religion, Once a Christian senses you saying things that questions their believe in the existence of God, you immediately become a threat to them.

That's how human reacts.

But your see this money chase ehhh, No one is usually wrong with how they invest or investment strategy, the only sad part is, it's not taught in school.

That's why we have to continue to help ourselves and continue to share opposing views.

Thanks for the work you do here by the way.

Retro9090:
Stanbic MMF at 15.63% is not encouraging at all. I currently have 176M naira in it. I am contemplating moving to a different asset manager.

To be frank, 2 million plus monthly returns isn't bad at 15.63% percent, at that rate of returns, you earn more than 80% of Nigerians working 9-5 jobs.

I know your fear, which is — what happens if Stanbic rate falls lower, that your 2 million plus returns monthly can't be guaranteed. That's your fear.

First, let me calm you down, by telling you that; Don't get too worked up about MMF rates, rather, see the good in it, which is easing inflation. The less of inflation which CBN is trying to get under control, the more purchasing power your money will have or would you rather rates gets increased every month and your millions and accrued interests becomes worthless like Zimbabwe type inflation — lol — your millions will be worth trillions but can't buy bread.


Secondly, Don't get too worried about falling rates because, MPC knows what they are doing when they converge. I know they also know one undeniable fact which is: They can cut rate but they can NEVER cut rate below basis points that will stop making Nigeria fixed income investment less attractive to foreign investors. (I can bet my last Naira on this fact), If they try that... A lot will go wrong and FX will take the fall, so CBN can't risk that, this is why you should relax your mind.


Thirdly — sorry, running out of time, I will come back to complete this third point. Need to attend to something else now.

Donbrig:
CBN increased treasury bill rates yesterday, but Stanbi ibtc is reducing their rates, 15.49% at the moment, I have always thought treasury bill is the main underlying asset for mutual fund.

it's called money market fund sir.

Not Treasury bill mutual fund. A lot happens In the money market that you don't know or see. All you see is the daily returns.

Tbills raise for one month doesn't mean anything to MMF rate if the increment isn't constant for atleast one quarter.

MMF Fund managers usually still have TBILL bought at old rate price, how will they suddenly dump all that to quick buy into this new rate to enable you begin to earn higher returns so fast?

Oyibopepe2000:
Thanks @Berron. This doesn't really answer my question though. I am conversant with tbills and the the 10% that will be deducted from my interest.
I am asking about this my capital landing into my bank account from fund managers app.
How will the banks or tax law see it before I even use it for tbills? As taxable income or what?
This is my first time trying to withdraw. from the app. What narrative should I use to prevent it?

it isn't taxable because it isn't an income. Just have a receipt of the transaction for the day the tax man decides to audit your Bank account.

Oyibopepe2000:
Good video.
I want to withdraw my money from first Ally and stanbic and invest in Treasury bills with the traditional banks. Pls what narration should I use?
This tax matter will not make someone run mad with confusion o.😭
Pls I need an urgent response to this 🙏
Pls who knows how long it takes for my account to be credited?

I want to believe you intending to withdraw from Stanbic and first ally means, you talking about mutual funds right?

Sure you can withdraw to invest in Tbills, Banks usually deduct the amount that reflects Tbills value from your bank balance leaving you with the interest. However, you will only get taxed on the interest, not on the amount withdrawn from your MMF or total capital invested in Tbills, only your Tbills interest.



That is me answering your question above and this is me airing out my opinion below.

You don't need to quit mutual fund, I get that rates are falling but I don't think it's a good idea to quit mutual fund now, I'd rather you top up and enjoy MMF compound interest in the long run than locking up your funds for a long time in Tbills. Compounding is another wonder on its own.

EquityM:
CardinalStone just credited my account with the fixed income dividend, which is not my daily interest accrued. I only started in late December 2025. This thing makes sense, oohhhh.

Na you dey hot🔥

Number 1 investor.

Your Igbo title is now: Eze Investor one of the whole nairaland community.

Joyful365:
Please members of the house help me clarify.

Assume I have $1500 in dorm account and it's been there for some years.

Now I want to convert it to Naira to buy stocks or invest in bonds or treasury bills.

If I convert it, will I have to pay capital gains tax?

Also, this $$$ wasn't bought with Naira. Some came from freelance and others through gift from clients.

If I'm to pay CGT, how do I determine what exchange rate to use etc?

I'm wondering if the Naira that will be paid for the dollars will be treated as income hence the taxing.

Mind you, I have been investing in USD fixed deposit for some years and they charge witholding tax normal.

Please help out thanks.

To save yourself from this worry, You should have converted to your Naira bank account since before January 1st, now when you do it, and an audit is done on your Naira bank account by the Tax man, they would assume it's income unless you get to tell them otherwise and back it up with your domiciliary receipt that it's was a "personal savings transfer" which is not subjected to Tax.


For now, make the conversion but save the receipt from the domiciliary account after initiating the transfer to help your case in the future.

To know what narration to use for future transfers, watch this video:
https://www.youtube.com/watch?v=JeADLKeRlsg

EquityM:
Is it good for a long-term investment?

Exactly what bond is for originaly. Long term investment goal.

EquityM:
Bro, what did you think of "fixed income fund"? My money keeps going high and dropping at the same time. Bond isn't equity, but it's somehow strange to me.

That's because bond is traded like an asset, not fixed income deposit.

Bonds and Treasury bills are sometimes bought in what we call secondary market.

This is why you always see me write about FMDQ here, because FMDQ is that market place.

Sellers in the secondary market are the ones looking to liquidate their investments after buying it originally from the government and buyers are people like you or your fund manager looking to buy it up from that person and then, the price at which you are willing to pay that person is what created the secondary market.

That's where your fixed income fund managers goes to trade.

So as a bond holder, you can earn in two ways, through coupon or in the secondary market.

Think of it like, you built a house for rent and you begin to collect rent (coupon), then one day, you suddenly woke up and decided to sell the whole property (secondary market), if you sell your property above market value, sweet gains but if you sell below market value, you lost money.

Now interest rate is mostly the reason why people dump bond and some other lock money into it for attractive rate.

The rule of the game is: If Interest rates goes UP, bond prices goes DOWN.


If Interest rates goes DOWN, bond prices will shoot UP.

Donbrig:
I agree with you on this... It is far better to aggressively top-up your mmf account, than risk your funds in equity, e get some huge funds wey go dey inside your mutual fund account, even if the interest rate is 7%, you will still be contented with your daily earnings.

Be rest assured, no matter how low interest rate might be this your, some fund managers will NEVER go below 12% or 13%.

You know what's funny?

Do you see this your quote below right?

"Be rest assured, no matter how low interest rate might be this your, some fund managers will NEVER go below 12% or 13%."


I use to think like this too, giving MMF or TBILL a benchmark rate, well before Emefiele "ways and means" CBN unothodox policies shattered my naive fantasy.


E GO SHOCK YOU, Nor worray!

EquityM:
What kind of equity? I recommend CardinalStone equity, starting from 5k; United Capital YTD at the end of 2025 was 46.85%, and CardinalStone did 60.00%, and they are starting a new phase at the moment. If you can risk 50k, you might make some good returns.

46% or 60% means nothing if the Equity is at all time high, he buys in today and tomorrow, the market suddenly nose dive or trys to correct itself. He will almost never recover quickly, compared to you who has already made gains and have been In the market for long.

Be very careful what you advising him to do.

Rhymeyjohn:
Please advise me.
Is Cowrywise good to buy Equity funds or I should use the funds manager directly.

It's a small amount and I want to build it. I'm looking at United Capital

Cowrywise is fine but the question you not asking is; should you go with a moderate type Investment or aggressive type investment?

Do your research around that question, then look into what each type of investment is offering, how much are you comfortable losing in the worst case scenario and how long do you want to invest the money.

When you answer that question within yourself then you can proceed to pick your choice of investment on cowrywise.

No one here will boldly recommend equity plan to you like they recommend MMF AUM managers to invest in. That's because you already know such investment comes with risk and no one want to be blamed for recommending a risky investment if things goes south.

EquityM:
The equity fund market is currently performing well; yesterday, it earned more than 67,000 naira with my 4 million capital. MMFs provide stability, whereas equity promotes growth. There is no drama surrounding interest rates or dividends.

I told you the last time, You will enjoy this year, it's a year of stocks, ETFs and Equities.

The stock market closed bullish last week, Banking stocks which I believe is driving your equity growth are all priced in expecially after most banks met up with CBN recapitalization and balance sheet looks strong.

Another reason is, risk taking investors are now reviewing their portfolio this new year and many of them are taking positions in the stock market because of one reason.

The capital market rate is going down eventually this year. So to all those worried about Stanbic 15%, this is just the beginning because imagine when CBN eventually cut MPR rate later In the year.

The smartest thing to do right now as a capital market investor, is to either top up your investment aggressively and so much to cover up for short fall of rates later in the year and enjoy compound interest or stop being loyal to a certain fund manager, shop around for best rate, split your investment to enjoy wide variety of rates.

There is even one smart way to play in both market (stock and capital market) and not loose your capital. I will soon make a video about it.

milliondollarma:
Stanbic has about 30days window period before you will be able to withdraw without penalty. Does it apply here also?.

Nope, it doesn't.

You can withdraw at anytime.

Streetinvestor2:
I learnt u people offer this services because of humanity. Is your own efforts free too.
I am asking for my friends
If so why not just mention the stocks for him so he won't have to watch the video...my opinion

It's actually Dangote Sugar.

I needed him to watch for 1, the watch time and secondly, what I possibly could not explain here because I believe I broke it down succinctly in the video.

Cheers

otokx:
Looking for non-banking, dividend stock with potentials, any suggestions?

check my page, I just posted a video. I explained a promising non banking stock with potential.

Promising Nigeria Stocks To BUY This Week Two Banking stocks You SHOULD BE CAREFUL About -- Be WARNED!





https://www.youtube.com/watch?v=w6uSZ8QFVzk

Promising Nigeria Stocks To BUY This Week Two Banking stocks You SHOULD BE CAREFUL About -- Be WARNED!



https://www.youtube.com/watch?v=w6uSZ8QFVzk