₦airaland Forum

Qassy4all:
Good evening
Who has been able to do online redemption on Stanbic IBTC money market during this lockdown?
And how long does it take?
Thanks in anticipation

freeman67:
I got the number from StanbicIBTC bank customer care when I wanted to subscribe the period I opened my account with them back then. I was going to tell you to call them to get it but then I already have it so what's the essence. However, it concerns money and investment so if you are in doubt the best people to consult after this is Stanbic IBTC Asset/ Fund Management for guidance.

On redemption, it can only be possible online if you have set your security question and answer. The default online maximum withdrawal amount for an individual is N1m and can be increased to N2.5M.

tipzy001:
Thanks, it's begining to make more sense now. So every single credit/deposit I receive, it attracts #50 charge?

zohan101:
What ever choice you make, dont just use Stanbic IBtc...Cos it will take them a lifetime to set up the account and when you do, it becomes an uphil task to fund the account even when yiu have the money to do so..

dammy222:
Does FBN compound interest daily like Stanbic? Thanks for your response

Franky826:
Thanks so much emmasoft.

Another thing please forgive this novice. Does accrued interest include weekends?(Saturday and Sunday) like does your investment grow even on weekends?

feelamong:
The govt wants all of us to go and start Rice and Poultry farms.

Manutd19:
Can I apply for stanbic MMF online?

Umarzy:
Okay, so it's possible to withdraw everything if i don't want to leave the Minimum of N5K

Umarzy:
Hello house, i was trying to withdraw a particular amount from my Stanbic IBTC MMF. The system declines the amount requested for and says '' The Minimum N5000 must be left in the account following a redemption''. Please, what does this implies?

skyangel:
I quite appreciate your response. But there is something about the rate of return I don't seem to understand & will the interest be credited quarterly like fg bond?
Thanks again

skyangel:
I never knew it has existed for so long. I think I'm really enjoying doing naira tbs with them. I however do not understand what's with the eurobond. Any idea?

NicoKator:
I-Invest app Users, pls how is your experience with I-Invest? I know they are licensed with SEC nd registered as Inter- Dealer Broker but I need your candid statement of facts, do they pay the capital + accrued interest at the end of the tenor? Is it timely? No issue? I have been using stanbic and Axa Mansard mmf but I want to put some into T-BILLS (I'm constrained because am away so it's not possible for me to walk into bank nd subscribe; that is why I want to use I-Invest). I will appreciate your kind response

Franky826:
Good morning everyone.

I hope to join this train soon. I'll be needing help and guidance. So I'm soliciting for maximum cooperation

This is really a wonderful family. Helping each other.

Read from 170-195 and I've been hooked.


Anyone successful in completing registration via email without needing to visit the bank please indicate and help a novice brother .

Also I've been seeing KYC form. From my little search it means 'know your customer' ? Please how do I get this form? I already downloaded the stanbic MMF form from their website.

Also I'll be needing the FBN own any help on that?

Cc @Emmasoft cc @enque cc everyone

Please I need attention

henrymor:
Thanks for the response bro. It's the secondary rate. But if it is 10% then the interest should be 180k. Or is there a way they calculate it?

ernie4life:
So I was doing a quarterly review of my portfolio and my numerous fund managers, I decided to track all fund performance for the last working day of September which is the end of last quarter, so below is a rank of how our fund managers performed that day.

For this quarter, treasury bills rate is dropping gradually and I don't see any reason for rates to increase anytime soon. I told a friend some weeks back that judging from the way that longer tenors in treasury bills was been over subscribed, that means the market anticipates drop in rates, if that is true that means rates for this quarter will be lower than last quarter

Omonigeriarere:
Are you sure Invest and I-invest are the same app? Cos I have tried it on my I-invest app and there was nothing of such.

Omonigeriarere:
To the best of my knowledge, I-invest has only one app; which other one are you talking about?

Omonigeriarere:
How, where and where did you come across such information?

temi4fash:
I got saw deal of 13.7 for 122 days on I invest today.

They seem to have very good rates presently.

Any body has an idea what happens if I liquidate before maturity

Kayman358:
Sending inflow to FBNQuest via FBNMobile hasn't been successful lately, the app keeps saying special characters not allowed. Is any other person experiencing this?

Incandescent:
Thank you Dr for your contributions.

I recently put to bed three months ago & my body hasn't remained the same ever since. I had swollen feets while pregnant & it took a while for them to become normal. However my skin on my feet started with a little itch & has escalated to terrible looking scars & darkened itch, rough , black patches because of constant scratching. I itch sometimes that I even bleed in the process. I saw a gynaecologist & was administered skineal. It looked like everything was fine till after 2 weeks when my skin grew resistance to the skineal.

It's now always itchy. I have stopped f using hot water or soap ..I cry almost every night cos I have used different cream from hydrocortisone to antibacterial to meprasil, sudocream, calamine lotion etc.

After much personal research based on the symptoms, I began to suspect it has something to do with my thyroid.

I plan on seeing a dermatologist this week cos I'm frustrated but I'd just like to know what your thoughts are knowing how difficult it is to access dermatologist in this country.

Could there be any correlation between thyroid & skin issues

My blood sugar level is fine cos at some point, my doctor was suspecting diabetes

House pls share your thoughts. I can barely look at my leg skin twice cos it irritates me & is making me almost depressed.

Sorry for my epistle. I just had to let all out

@Desanta

Kruize:
Good morning Dr. I would love to seek your opinion on something. I started having feelings of anxiety and depression last year December. I didn't quite understand it at first but it persisted. I was experiencing fatigue, low mood, memory issues, slurred speech and other symptoms. I was depressed and always anxious. I did some research online and found out it could be depression or hypothyroidism.

I saw a GP in March, He said my symptoms were similar to depression so I was placed on antidepressants. I told him I felt something else must have been causing it because I dont believe it just came out of nowhere. I took the drug for some months, I felt a bit better but I wasn't still okay. The drug was causing a lot of side effects, so I stopped taking it.

I'm planning on doing some thyroid function tests this week to confirm that. I have a feeling something is wrong with my thyroid. I'm still experiencing those feelings and thoughts but I hope the test will reveal more. Recently, I noticed a bit of lump in my throat.
I would love to know if my thyroid is causing these.

enque:
It will be accumulated n paid after the holiday

C505:
Please house I'm contemplating between 2 things.

I have a few tbills running in my bank and I have a target of attaining up to 20M with the idea of getting 2M yearly @10%.

I also have a life assurance running although I'll say I regret delving into it cos the roi after 15yrs isn't worth it but my account officer practically opened up to me today that he'll prefer I do annuity for life as it pays more than the current policy I'm dealing with.

Here you determine how much you want to be paid for life after 50yrs. For eg, I told him I'll love to earn 500k monthly from 50yrs and he calculated approximately 1.5M yearly to be paid so that as soon as I clock 50,I'll be earning 500 monthly which is 6M yearly. Although I'm 32, I'll have to pay this sum for 18yrs which he explained it's a deferred payment since I'm not 50yet

Question is...... Is it a good idea to do this or is there anyone knowledgeable enough to throw more light into this? Cos it may look better than tbills but??

gold360:
Please is this the app used by first quest?

Gerrard59:
Hello everyone,

If a firm gives a dividend of 300 kobo per share and I own 1,400 worth of shares, am I getting #420 or #42,000 as returns? If it's the former, how much number of shares is it economically best to buy as a first time investor into the market?

I ask because I find the dividend returns absurd and would like to know the amount of shares to purchase which will be significantly higher.