₦airaland Forum

sirrotex:
Please how are the rates of this Norrenberger dollar fund?

Interest has always been above 9% it's currently 9.46%

toby4ever:
So I will pay cash at the bank? What their interest rate? How long have they been in existence?

Yes, after your account is opened which is normally within 24hrs, you can do a transfer or proceed to any branch of their custodian/collection bank ie stanbic ibtc bank and deposit cash.
NDF is correctly 9.46% .
Norrenberger a financial service hub regulated by SEC with headquarters in Abuja, was established in 2017 and are into insurance, pension, asset management etc.

playces:
Please I just logged into my blunest URL now and I discovered the inflow in my naira wallet is short of the money I have topped up for MMF. One of my top up of 20k is not reflecting. Because I top up 20k every weekend

@emmasoft and others pls how do I resolve this.

Do you have a contact I can reach to correct this??

Call the customer care (02012801266) tomorrow, preferably before noon.

toby4ever:
Hi, please I have a dollar mutual fund acc with FBNquest I went to deposit cash to the acc they use which a Stanbic ibtc fund acc with standard chartered only to be told that cash deposits aren’t allowed only transfers. Transfer charges are not funny reason I usually do cash deposits. What can I do? Please advice

There's nothing you can do; either you do the transfer or look for an alternative fund manager that allows cash deposits.

Honestly, the limitation of having only the transfer method for funding is what makes me opt for the Norrenberger Dollar Fund for my clients. Norrenberger accepts cash deposits.

If you would like to proceed with the Norrenberger Dollar Fund, please click the second link in my signature or contact me directly for a guide.

Gboss247:
Good day everyone
I want to ask, is there any online portal or websites in Nigeria where one can track the prices, earnings, dividends on Mutual Funds like GT Money Market Fund just stocks have Investing.com, MarketScreener etc.

You can check the Fund Managers Association of Nigeria website. https://fman.com.ng/pricelist/
They show price lists and yields of different mutual funds of various fund managers, though some managers may not update their data; hence, the FMAN website only has what the fund managers give to them. Just like the NGX will publish the results of companies available to them.

gabscity:
Good evening everyone.

I plan to take up my PRESCO RI on Monday.

I have downloaded the PDf form from First Registrar, however I dont have where to pay into.

Please anyone who have done theirs should advise me.

Thanks.

Make a payment to your stockbroker's collection account, and send both the completed form and evidence of payment to them. Alternatively, if you have money in your trading account, send only the completed form and instruct that the cost of your right issue be debited from your account.

Please note that stockbrokers or regulators don't charge for primary market activities from investors except you use a third-party payment system like Flutterwave or Interswitch. The charges for RI or PO are paid by the company undergoing a capital raise; the company raising capital has budgeted an amount for capital raise expenses. The commission paid to collecting agents - stockbrokers, etc, is part of these expenses.

Chidimercy:
Probably network issue. It will soon be resolved. It does this always especially towards end of the month.

If you are experiencing any issues with the Stanbic MMF app, use the web portal for now.

emmanuelewumi:
Can you imagine Lagos State government revoking the Certificate of Occupancy of Dangote Cement?

If you remove Presco and Okomu from Edo state, the remaining entity will be a shadow in terms of the economic value those two companies bring to the table. Revoking C of O of Presco should only happen in a dream, otherwise ...

Dave2011:
What's the implication of this on MMF and Treasury Bills rates? Will the rates fall or go up?

Thank you sir

The implication is glaring. The rates remain within the current range at least between now and the next MPC meeting. Leaving the MPR at 27% is good news for fixed income instruments otherwise rates would have gone down more if MPC had voted for MPR cut.

However, going by economic realities ie continuous ease of inflation, high rate regime is over except there is a change in policy that favors increase in rate.

MPR Held, Inflation Cooling: Implications for Real Returns

With MPR retained at 27% and inflation currently at 16.05%, investors will have positive real returns on their investment if the MMF rate maintains a range between 17 to 20%

Meet investment Target with Consistency

Christmas 🎄 is exactly a month away and in a matter of days the year ends. Imagine how far it was when we were in January this year but now so close that we can count days. What happend? of course we didn't jump, run or do anything extraordinary it was just one day at a time not fast but consistent and yet we are close now.
That is how investment works, it doesn't necessarily have to be huge or done in a hurry trying to look for high rate at the expense of DD but be consistent.
Consistency is the key to meeting your target in any investment journey.

Don't be reluctant to start small just start with what you have, your target may be far away like Christmas looks like in January of a year, it's just a matter of a day at a time you will get to your targeted financial level.

Rate may go up or down which is normal, income may not have increased or business is not moving as expected, whatever the case just be consistent with your investment it will grow with time.
Consistency always wins in the court of investment.
Happy investing!

KingCassy:
Do you know another bank that offers such rates too?

Please note that MDBs don't do mutual funds, it's the services of fund/Asset managers. Banks do fixed deposits respective of whatever name they call it.

Rates are offered in relation to risk involved in most cases and sometimes based on amount or initial deposit. Currently all low risk investment windows ie mutual funds particularly MMF has rate range between 15 to 19%

By the time MPC meeting ends on Tuesday this week, the rate range may be lower especially if the inflation continues to ease.

digitalinvestor:
Excellent write up.

Given the current downward trend in rates, how safe and reliable are MFBs like Renmoney and Fairmoney? considering both platform offering north of 22% p.a. with option of 365days or 730 days

I am considering subscribing to Fairlock, or Renvault, take the interest upfront, and invest in real-estate.

I notice platform like I-Invest has listed fixed deposit note of fairmoney in the past (although not entirely sure of this but I think I have seen it)

Has anyone successfully invest in fixed deposit with either of these two?, and what was your experience like with them.

What investment opportunity can one explore, the goal of is to invest the cash and use the return to acquire asset that would generate more cashflow. For example how can one invest 100m in todays market to safely maximise returns?

The normal investment rule stands - the higher the returns the higher the risk.

Currently as per economic realities, all low risk investment windows in the country are between 15 to 19%. Anything outside this bracket can not be considered as low risk. Hence for any investor to invest, it will depend on the investor's risk tolerance and that is a major factor to consider not just the return.

100m with a low risk tolerance investor at this time, the best investment window to put it will be bonds or mutual funds particularly MMF, otherwise for high risk tolerance investor, it will be to buy fundamentally sound and dividend paying stocks in tranches ie to continue to buy the dip pending when the bull will resurface.

Investor Behaviour in a Low Interest-Rate Regime & Why Ponzi Schemes Thrive

In every economy, interest rates influence how people save, invest, borrow, and manage money. When interest rates fall to very low levels, investor behaviour changes significantly. This shift creates both opportunities and risks. One major risk is the rise of Ponzi schemes and high-yield fraudulent investments.

Let's consider:
1. How investors behave in a low-rate environment.
2. Why Ponzi schemes become more active and successful.
3. The connection between the two.
4. How investors can protect themselves.

Understanding a Low-Interest-Rate Regime
A low-interest-rate regime is a period when:
• Treasury bills, government bonds, and fixed-income instruments offer low returns.
• Banks reduce lending and saving rates.
• The cost of borrowing falls.
This environment affects both consumer behaviour and investment choices.

Investor Behaviour in a Low-Rate Regime
a. The “Search for Yield” Effect
Low returns from traditional safe investments push investors to look for alternatives.
They begin to explore:
• Higher-yield bonds
• Mutual funds
• Real estate
• Equity markets
• Private placements
This is called the search-for-yield phenomenon.

b. Increased Risk Appetite
With treasury bills around 16% or less, investors feel dissatisfied.
They become more tolerant of risk and start considering investments they previously avoided.
This leads to more participation in:
• Crypto and forex trading
• Venture opportunities
• Online “investment platforms”

c. Shift Toward Short-Term Investments
Investors want returns quickly, not in 1–5 years.
This short-term orientation increases their vulnerability to fraudulent schemes promising:
• “10% monthly”
• “Double your money in 90 days”
• “Daily payouts”

d. Herd Behaviour and FOMO
When low rates persist, people begin to follow crowd trends:
• “Everyone is doing this new investment — it must be legit.”
• “My friends are earning 15% monthly — let me join.”
Fear of missing out becomes a powerful motivator, often overriding proper due diligence.

e. Reduced Demand for Traditional Instruments
Investors move their money away from:
• Tbills
• Fixed deposits
• Money market funds
Because the returns seem “too small” compared to informal alternatives.

Why Ponzi Schemes Thrive in a Low-Rate Regime
Ponzi schemes flourish in such an environment for several reasons:

a. Attractive Return Gap
When official instruments offer 15% per annum and a Ponzi scheme advertises 10–20% per month, the temptation becomes strong.
To many people, it looks like:
“Why settle for 15% per year when someone is offering 60–100% in the same period?”
Ponzi operators use this gap as a selling point.

b. Faster Recruitment and Viral Growth
Because many investors are searching for higher returns, Ponzi schemes:
• Recruit faster
• Spread through social media
• Grow through referral bonuses
• Gain quick public traction
Rapid inflows keep the scheme alive temporarily — until it inevitably collapses.

c. Emotional Appeal and Psychological Manipulation
Fraudsters take advantage of economic frustration.
They position their offers as:
• “A way for your money to work in hard times.”
• “A unique opportunity higher than bank rates.”
• “Better than keeping money idle.”
They exploit desperation, greed, trust, and ignorance.

d. Use of Legitimate Investment Language
Ponzi schemes now appear sophisticated, using:
• Professional branding
• Investment jargons
• Financial projections
• Influencer endorsements
• Pay-in / pay-out dashboards
Many even claim to invest in:
• Agriculture
• Forex
• Oil & gas
• Real estate flipping
• Digital assets
This makes them look credible to unsuspecting investors.

e. Weak Due Diligence From Investors
Low-rate environments cause people to focus more on returns instead of the business model, leading to questions like:
- “How much will I make?”
instead of - “How is the money generated?”
This behaviour is the lifeblood of Ponzi schemes.

f. Quick Collapse Due to Unrealistic Promises
Ponzi schemes collapse faster during low-rate regimes because:
• Promised returns are impossible to generate legitimately.
• Increasing withdrawals exceed new investments.
• Economic pressure accelerates the drain on the system.
The fall is often sudden, leaving massive losses.

Connecting the Two
Investor Behaviour + Ponzi Strategy = Perfect Storm, see the chain below:
Low-rate regime → Investors seek higher yield → Ponzi schemes offer “miracle returns” → Investors rush in → Scheme grows → Scheme collapses.
Please note that low interest rates do not cause Ponzi schemes.
But they create the conditions in which Ponzi schemes thrive.

How Investors Can Protect Themselves
a. Understand the Risk–Return Relationship
Higher returns always come with higher risk.
There is no exception.

b. Verify Regulatory Status
Before investing, check:
• SEC registration
• Fund manager licence
• Trustee details
• Custodian details
No registration = massive red flag.


c. Ask the Right Questions
• Where is the money invested?
• What is the business model?
• How is the return generated?
• Is the return within industry reality?
If the answer is vague or complicated, walk away.

d. Avoid Emotional Investing
Decisions should come from research, not:
• Pressure
• Greed
• Testimonials
• Social media hype

e. Prioritize Safety Over Speed
It’s better to grow your capital slowly than lose it quickly.

Conclusion
In a low-interest-rate environment:
• Investors become more return-hungry.
• Risk appetite increases.
• People become susceptible to unrealistic offers.
• Ponzi schemes thrive by promising what the market cannot deliver.
The key is financial discipline, due diligence, and understanding that sustainable wealth takes time.

LET’S INVEST WISELY. REMEMBER THE RETURN OF CAPITAL SHOULD TAKE PRIORITY OVER RETURNS ON CAPITAL.

Investor Behaviour in a Low Interest-Rate Regime & Why Ponzi Schemes Thrive

In every economy, interest rates influence how people save, invest, borrow, and manage money. When interest rates fall to very low levels, investor behaviour changes significantly. This shift creates both opportunities and risks. One major risk is the rise of Ponzi schemes and high-yield fraudulent investments.

Let's consider:
1. How investors behave in a low-rate environment.
2. Why Ponzi schemes become more active and successful.
3. The connection between the two.
4. How investors can protect themselves.

Understanding a Low-Interest-Rate Regime
A low-interest-rate regime is a period when:
• Treasury bills, government bonds, and fixed-income instruments offer low returns.
• Banks reduce lending and saving rates.
• The cost of borrowing falls.
This environment affects both consumer behaviour and investment choices.

Investor Behaviour in a Low-Rate Regime
a. The “Search for Yield” Effect
Low returns from traditional safe investments push investors to look for alternatives.
They begin to explore:
• Higher-yield bonds
• Mutual funds
• Real estate
• Equity markets
• Private placements
This is called the search-for-yield phenomenon.

b. Increased Risk Appetite
With treasury bills around 16% or less, investors feel dissatisfied.
They become more tolerant of risk and start considering investments they previously avoided.
This leads to more participation in:
• Crypto and forex trading
• Venture opportunities
• Online “investment platforms”

c. Shift Toward Short-Term Investments
Investors want returns quickly, not in 1–5 years.
This short-term orientation increases their vulnerability to fraudulent schemes promising:
• “10% monthly”
• “Double your money in 90 days”
• “Daily payouts”

d. Herd Behaviour and FOMO
When low rates persist, people begin to follow crowd trends:
• “Everyone is doing this new investment — it must be legit.”
• “My friends are earning 15% monthly — let me join.”
Fear of missing out becomes a powerful motivator, often overriding proper due diligence.

e. Reduced Demand for Traditional Instruments
Investors move their money away from:
• Tbills
• Fixed deposits
• Money market funds
Because the returns seem “too small” compared to informal alternatives.

Why Ponzi Schemes Thrive in a Low-Rate Regime
Ponzi schemes flourish in such an environment for several reasons:

a. Attractive Return Gap
When official instruments offer 15% per annum and a Ponzi scheme advertises 10–20% per month, the temptation becomes strong.
To many people, it looks like:
“Why settle for 15% per year when someone is offering 60–100% in the same period?”
Ponzi operators use this gap as a selling point.

b. Faster Recruitment and Viral Growth
Because many investors are searching for higher returns, Ponzi schemes:
• Recruit faster
• Spread through social media
• Grow through referral bonuses
• Gain quick public traction
Rapid inflows keep the scheme alive temporarily — until it inevitably collapses.

c. Emotional Appeal and Psychological Manipulation
Fraudsters take advantage of economic frustration.
They position their offers as:
• “A way for your money to work in hard times.”
• “A unique opportunity higher than bank rates.”
• “Better than keeping money idle.”
They exploit desperation, greed, trust, and ignorance.

d. Use of Legitimate Investment Language
Ponzi schemes now appear sophisticated, using:
• Professional branding
• Investment jargons
• Financial projections
• Influencer endorsements
• Pay-in / pay-out dashboards
Many even claim to invest in:
• Agriculture
• Forex
• Oil & gas
• Real estate flipping
• Digital assets
This makes them look credible to unsuspecting investors.

e. Weak Due Diligence From Investors
Low-rate environments cause people to focus more on returns instead of the business model, leading to questions like:
- “How much will I make?”
instead of - “How is the money generated?”
This behaviour is the lifeblood of Ponzi schemes.

f. Quick Collapse Due to Unrealistic Promises
Ponzi schemes collapse faster during low-rate regimes because:
• Promised returns are impossible to generate legitimately.
• Increasing withdrawals exceed new investments.
• Economic pressure accelerates the drain on the system.
The fall is often sudden, leaving massive losses.

Connecting the Two
Investor Behaviour + Ponzi Strategy = Perfect Storm, see the chain below:
Low-rate regime → Investors seek higher yield → Ponzi schemes offer “miracle returns” → Investors rush in → Scheme grows → Scheme collapses.
Please note that low interest rates do not cause Ponzi schemes.
But they create the conditions in which Ponzi schemes thrive.

How Investors Can Protect Themselves
a. Understand the Risk–Return Relationship
Higher returns always come with higher risk.
There is no exception.

b. Verify Regulatory Status
Before investing, check:
• SEC registration
• Fund manager licence
• Trustee details
• Custodian details
No registration = massive red flag.


c. Ask the Right Questions
• Where is the money invested?
• What is the business model?
• How is the return generated?
• Is the return within industry reality?
If the answer is vague or complicated, walk away.

d. Avoid Emotional Investing
Decisions should come from research, not:
• Pressure
• Greed
• Testimonials
• Social media hype

e. Prioritize Safety Over Speed
It’s better to grow your capital slowly than lose it quickly.

Conclusion
In a low-interest-rate environment:
• Investors become more return-hungry.
• Risk appetite increases.
• People become susceptible to unrealistic offers.
• Ponzi schemes thrive by promising what the market cannot deliver.
The key is financial discipline, due diligence, and understanding that sustainable wealth takes time.

LET’S INVEST WISELY. REMEMBER THE RETURN OF CAPITAL SHOULD TAKE PRIORITY OVER RETURNS ON CAPITAL.

Investor Behaviour in a Low Interest-Rate Regime & Why Ponzi Schemes Thrive

In every economy, interest rates influence how people save, invest, borrow, and manage money. When interest rates fall to very low levels, investor behaviour changes significantly. This shift creates both opportunities and risks. One major risk is the rise of Ponzi schemes and high-yield fraudulent investments.

Let's consider:
1. How investors behave in a low-rate environment.
2. Why Ponzi schemes become more active and successful.
3. The connection between the two.
4. How investors can protect themselves.

Understanding a Low-Interest-Rate Regime
A low-interest-rate regime is a period when:
• Treasury bills, government bonds, and fixed-income instruments offer low returns.
• Banks reduce lending and saving rates.
• The cost of borrowing falls.
This environment affects both consumer behaviour and investment choices.

Investor Behaviour in a Low-Rate Regime
a. The “Search for Yield” Effect
Low returns from traditional safe investments push investors to look for alternatives.
They begin to explore:
• Higher-yield bonds
• Mutual funds
• Real estate
• Equity markets
• Private placements
This is called the search-for-yield phenomenon.

b. Increased Risk Appetite
With treasury bills around 16% or less, investors feel dissatisfied.
They become more tolerant of risk and start considering investments they previously avoided.
This leads to more participation in:
• Crypto and forex trading
• Venture opportunities
• Online “investment platforms”

c. Shift Toward Short-Term Investments
Investors want returns quickly, not in 1–5 years.
This short-term orientation increases their vulnerability to fraudulent schemes promising:
• “10% monthly”
• “Double your money in 90 days”
• “Daily payouts”

d. Herd Behaviour and FOMO
When low rates persist, people begin to follow crowd trends:
• “Everyone is doing this new investment — it must be legit.”
• “My friends are earning 15% monthly — let me join.”
Fear of missing out becomes a powerful motivator, often overriding proper due diligence.

e. Reduced Demand for Traditional Instruments
Investors move their money away from:
• Tbills
• Fixed deposits
• Money market funds
Because the returns seem “too small” compared to informal alternatives.

Why Ponzi Schemes Thrive in a Low-Rate Regime
Ponzi schemes flourish in such an environment for several reasons:

a. Attractive Return Gap
When official instruments offer 15% per annum and a Ponzi scheme advertises 10–20% per month, the temptation becomes strong.
To many people, it looks like:
“Why settle for 15% per year when someone is offering 60–100% in the same period?”
Ponzi operators use this gap as a selling point.

b. Faster Recruitment and Viral Growth
Because many investors are searching for higher returns, Ponzi schemes:
• Recruit faster
• Spread through social media
• Grow through referral bonuses
• Gain quick public traction
Rapid inflows keep the scheme alive temporarily — until it inevitably collapses.

c. Emotional Appeal and Psychological Manipulation
Fraudsters take advantage of economic frustration.
They position their offers as:
• “A way for your money to work in hard times.”
• “A unique opportunity higher than bank rates.”
• “Better than keeping money idle.”
They exploit desperation, greed, trust, and ignorance.

d. Use of Legitimate Investment Language
Ponzi schemes now appear sophisticated, using:
• Professional branding
• Investment jargons
• Financial projections
• Influencer endorsements
• Pay-in / pay-out dashboards
Many even claim to invest in:
• Agriculture
• Forex
• Oil & gas
• Real estate flipping
• Digital assets
This makes them look credible to unsuspecting investors.

e. Weak Due Diligence From Investors
Low-rate environments cause people to focus more on returns instead of the business model, leading to questions like:
- “How much will I make?”
instead of - “How is the money generated?”
This behaviour is the lifeblood of Ponzi schemes.

f. Quick Collapse Due to Unrealistic Promises
Ponzi schemes collapse faster during low-rate regimes because:
• Promised returns are impossible to generate legitimately.
• Increasing withdrawals exceed new investments.
• Economic pressure accelerates the drain on the system.
The fall is often sudden, leaving massive losses.

Connecting the Two
Investor Behaviour + Ponzi Strategy = Perfect Storm, see the chain below:
Low-rate regime → Investors seek higher yield → Ponzi schemes offer “miracle returns” → Investors rush in → Scheme grows → Scheme collapses.
Please note that low interest rates do not cause Ponzi schemes.
But they create the conditions in which Ponzi schemes thrive.

How Investors Can Protect Themselves
a. Understand the Risk–Return Relationship
Higher returns always come with higher risk.
There is no exception.

b. Verify Regulatory Status
Before investing, check:
• SEC registration
• Fund manager licence
• Trustee details
• Custodian details
No registration = massive red flag.


c. Ask the Right Questions
• Where is the money invested?
• What is the business model?
• How is the return generated?
• Is the return within industry reality?
If the answer is vague or complicated, walk away.

d. Avoid Emotional Investing
Decisions should come from research, not:
• Pressure
• Greed
• Testimonials
• Social media hype

e. Prioritize Safety Over Speed
It’s better to grow your capital slowly than lose it quickly.

Conclusion
In a low-interest-rate environment:
• Investors become more return-hungry.
• Risk appetite increases.
• People become susceptible to unrealistic offers.
• Ponzi schemes thrive by promising what the market cannot deliver.
The key is financial discipline, due diligence, and understanding that sustainable wealth takes time.

LET’S INVEST WISELY. REMEMBER THE RETURN OF CAPITAL SHOULD TAKE PRIORITY OVER RETURNS ON CAPITAL.

Akinlot:
The reason it appears that way is because the thieves applied it to investments done before the implementation.

People who got their interest upfront are getting theirs deducted from capital which is wrong.

Laws should not be retroactive. I wish we have people who can take up the government on this in court.

The truth is, the 10-year (2012 - 2022) tax holiday on withholding tax (WHT) on interest from Tbills and such instruments ended in 2022. I'm really surprised that even institutions are just implementing this now because the law is not new.

talk2tonie:
I understand. I felt the same way too!

WHT AND TBILLS
There is nowhere in the world where WHT is deducted from capital; it's always from interest earned, whether deducted at the beginning of the tenor or at the end, WHT is always deducted from interest earned. Even the interest earned in your savings is treated the same way.

You invested 100k in TBills. At the start, they collected 90k, which leaves 10k interest in your account.
At maturity, they paid you 99k is the same as paying you 9k at the beginning and giving you 100k at the end. Nothing has touched your capital in both scenarios.

Let's be well guided.

KingCassy:
What do you guys think of united capital stable income? How does it work

Read about the stable fund here https://unitedcapitalplcgroup.com/stable-income-fund/

ogoo4real:
How reliable is Norrenberger please

Trying to open an account with them online hasn't been working out.

They are reliable from experience and SEC regulated.

Use the account opening form attached to my earlier posts instead. The account is opened within 24 hours. You can also reach me regarding any matter related to Norrenberger.

deathwing:
Hello, thanks for your explanation. Abeg i get question.

Does this mean I won;t see my TIP shares in my Cardinal Stone? I have to open a CSCS account or what to access them? I have a CSCS number, but not the account.

For the fact that you have a stockbroking account with Cardinal Stone that means you have cscs account the same thing you call cscs number.

If you provided the cscs number and CHN in the space provided on the TIP application form, the unit applied for will be credited to your cscs account during allotment.

DECIDE WISELY

As the MPC meets on Monday and Tuesday, 24th and 25th November 2025, to decide the Monetary Policy Rate (MPR), ensure that your investment decisions are well aligned.
No matter which direction the rate moves, most likely downwards, make sure your money continues to work for you. Their decision can affect your investment positively or negatively, depending largely on where you choose to place (invest) your money.

Position yourself strategically. Review your investment options/instruments.
Every rate regime creates an opportunity!

Decide and invest wisely.

DECIDE WISELY

As the MPC meets on Monday and Tuesday, 24th and 25th November 2025, to decide the Monetary Policy Rate (MPR), ensure that your investment decisions are well aligned.
No matter which direction the rate moves, most likely downwards, make sure your money continues to work for you. Their decision can affect your investment positively or negatively, depending largely on where you choose to place (invest) your money.

Position yourself strategically. Review your investment options/instruments.
Every rate regime creates an opportunity!

Decide and invest wisely.

DECIDE WISELY

As the MPC meets on Monday and Tuesday, 24th and 25th November 2025, to decide the Monetary Policy Rate (MPR), ensure that your investment decisions are well aligned.
No matter which direction the rate moves, most likely downwards, make sure your money continues to work for you. Their decision can affect your investment positively or negatively, depending largely on where you choose to place (invest) your money.

Position yourself strategically. Review your investment options/instruments.
Every rate regime creates an opportunity!

Decide and invest wisely.

OoDeeA:
Somebody should please advise me. Wema bank plc right issues has being alloted as claimed by Greenwich registrar close to 2 weeks now and I was mailed but Investment one has refused to credit me my shares. Is there any SEC handle I can report them to or which other relevant institution can I report them to.

@OoDeeA, To know if the shares have been allotted to you, request your CSCS statement from the stockbroker or check online if you subscribed to online access; your allotted units will reflect there.
When shares are allotted, they do not go directly to your trading account but to your CSCS account. Whatever appears in your CSCS account is tradable on the floor of the NGX, even if it’s not on your trading account.
Note that even when registrars announce an allotment, it does not automatically mean every shareholder received their shares. There may be one irregularity or another affecting your allocation.

In such cases, the appropriate party to contact is the Registrars (GTL), not the stockbroker.
Stockbrokers do not allot shares, so reporting the stockbroker will not resolve the issue because that will be the wrong target.

The registrar will sort out any pending allotment, not the stockbroker.

INFLATION RATE GOING LOWER!
With the inflation rate now 16.05%, be prepared for a lower rate across all fixed income instruments, but this is good for the economy.
It will also give investors positive real returns, ie, less quantity but more value of money in your pocket.

ogoo4real:
Please can someone advice the best MMF to invest in currently based on the interest rate. Thanks 🙏

You can go with Norrenberger Asset Management, one of the best rates at the moment, 18.62%

Find the account opening form attached. You can also reach out to me if you need more guidance.

Risingcash94:
Thanks. But the question wasn't about tbills. It was about fgn Bond. When is the next auction
And how does one get ready. Thanks again

Oh, really, I'm sorry, honestly, till this moment I thought the question was on Tbills; hmm, what you see and what you think you see can differ indeed.

Most times, the timetable for FGN Bonds is on the DMO website - it's monthly, but not sure of the exact timing. I don't normally do bonds. I always prefer fundamentally sound stocks when I wish to do long-term, and more so, I do fixed income funds, which is an indirect way to invest in bonds and still have the privilege of getting my funds out anytime without loss, which may not be possible due to bond prices and yield that go inversely proportional to each other.

To get bonds, you can approach your stockbroker, fund manager and indicate your interest.

Risingcash94:
10% monthly for mutual funds? For real? Pls someone else confirm this 😭

Where is this from? Even the fund managers are still not very clear on what will play out under WHT for MMFs. But one thing is sure: the underlying assets, i.e., TBills, will be taxed, and they assured investors they will work things out and communicate how it affects their investment. To say WHT of 10% per month is out of this world, how is that even calculated?

Let's not be carried away with the issue of WHT and lose focus on the main thing, which is investment, mind you, WHT has always been there in most of the investments, even the interest you earn on your savings, and yet we still have investors and keep money in the bank.

Let's be well guided.

Don't let anyone discourage you, and don't discourage yourself from investing. Continue investing while we wait. Don't wait to invest, but invest and wait.

enque:
I thought bonds were sold monthly

@enque, you are right, I thought the question was on Tbills. No vex,
Yes, it's monthly, though I don't normally follow the timetable.