₦airaland Forum

chimex38:
The procedure is that the amount you see on your trading account is Morgan's capital money. The sale proceed you initiated has to enter Morgan's capital account before you can withdraw theirs in your trading account and it takes the usual T+3 days. You won't be charged.

You can't byPass the current T+3 days if you choose to withdraw it from your trading account.

The essence of opting out of Direct Cash Settlement (DCS) and opting for trade account settlement is so that you can buy shares immediately with your sale proceed(Morgan's capital money) not withdraw it immediately.

But if you must withdraw before the T+3 days, they will take 3%.

@chimex38, you are on point, and that is what is obtainable in the industry, not just for Morgan. However, the percentage charged for express withdrawal outside the T+3 window differs from firm to firm.

oluseg2:
Thank you. But I didn't see any field to set this at the point of registration.

Reinvest is actually the default, except if they changed their settings.

Don't worry by end of the month you will know your option. If you are in for reinvestment, you will see a subscription transaction of gains from 1st to 31st of August, 2025

oluseg2:
How do I set my IBTC MMF account to "Re-Invest" Interest especially on the Blunest App. Thanks

Utilization of interest ie, payout or reinvest, is done at the point of registration.

After that, you don't need to do anything, your interest is reinvested/payout automatically as at when due.

However, you can always change your preference using an account update form from the customer care.

Itzlinda:
I'm just angry I'm just finding out about this thread not long ago.

I have doubled my money since I joined 3 months ago.

I was losing money back to back in crypto

Don't be angry with yourself. You should be happy. Normally, you will always discover what you are interested in. Just know that it's when you decided to look at another way apart from crypto that is why you get in here. It's a case of no interest, no findings!

I advise you to keep learning, though stocks and crypto differ, but they share some similarities, particularly in terms of price movement. It can either be up or down, and capital and returns are not guaranteed.

The time you came to the market is bullish, but know for sure that the bear will also surface at some point in time. That is the circle of the stock market.

Have a defined objective and your plan should be to find how to navigate and win during the bull and the bears, don't also forget
1. No man can time the market guru or newbie - the market has a mind of its own
2. Try as much as possible to control these two emotions: FEAR and GREED.

Fear will make you lose the money you would have made by not allowing you to take the calculated risk, while Greed will make you lose the money you already made by making you stay longer than necessary.

Welcome onboard.

I wish you a bullish and green portfolio.

kushy:
Pls, between TB and Fixed Deposit, which one is advisable to invest on?
Thanks

Tbills is always better than fixed deposit in the bank. A better rate most times and upfront payment is associated with Tbills

ytdivine:
Hello my fellow investors, I just downloaded the new version of StanbicIbtc App, very interesting and better than the old one.
Please how do I fund my Wallet. I don't want to make any mistake. Thanks

Transfer money from any of your bank accounts to the personalized wallet account number. From the wallet, you can now fund your MMF account. Do it this morning so that you can have today's value; otherwise, it will be tomorrow's value you get.

INVESTMENT IS LIKE MARRIAGE, YOU HAVE TO WORK IT OUT FOR IT TO WORK AND BE PROFITABLE

INVEST WISELY, RATES WILL NOT BE DOWN OR UP FOREVER

INVESTMENT IS LIKE MARRIAGE, YOU HAVE TO WORK IT OUT FOR IT TO WORK AND BE PROFITABLE

INVEST WISELY, RATES WILL NOT BE DOWN OR UP FOREVER

talk2tonie:
Hello, I have a quick question.
with the new tax regulations starting in January 2026, do you have any idea if income earned form treasury bills and money market investment will be tax?

Tbills is already being taxed. Specifically mentioned was income gain tax from the sales of shares worth more than150m.

Elui2:
Thank you very much for the response.

I have my e-account number now.

It's the e-account that they told my yo send to them, I was wondering why the person told me to call out my E account number to her

You welcome.
Most times, it's the e-account, phone number, or your email (unique features) that they normally use for queries to trace investors' details on their system.

Elui2:
Hello.

I recently registered on bluenest.

I got a call from one of stanbic ibtc customer care telling me to provide my wallet account number(the one that starts with C) for them to complete my registration.

I am wondering what it is needed for, or is it their standard protocol?

Pls someone that has an idea can respond.

Sincerely, I still prefer the traditional way of account opening with Stanbic Asset Management using the link. Once you register through the link, your kyc is captured instantly, and your account is opened within 24 hours. Your e-account number ie, the account they are asking from you now, is issued. With that, if you do a transfer into their UBA collection account using the e-account number as narration, you get credited without any issues. Most times, using the Blunet just gives you instant account creation and help you login but you will still have to do all the formalities before you have your account running properly.

By the way, your e-account number is not your wallet account number. Your wallet is a specialized Stanbic bank account number through which you could also fund your MMF if you don't want to go through the collection account method.

Going forward, you can give them a call to let them know how you opened your account and that you will need your e-account number to be sent to you. Mind you, they will first need you to submit your kyc documents.

jejet1:
I notice everyone here only does money market. Are there other people investing in other funds.
I have been investing in the equity and balances funds with stanbic for 5 years now and the return exceeds mmf. Average of 40-60 % pa.
Are there other people investing on other funds?

Everybody seems to be in MMF because that is what they understand and their risk tolerance can accommodate.
Check my earlier post on what determines where investors put their money.

By the way many are also into other funds type and even more into stocks.

Everything depends largely on investors risk tolerance not only on rate

ndept:
Honestly, I think you need to devote more energy to make Investment one better than the advertisement you are doing here for them. For every 5 client you are giving to them, 4 will eventually leave before a year. Some of their services needs a lot of improvement. For example, atimes, it takes forever for someone's trade to be listed on the offer/bid table. Secondly, I filled form to opt out of the Direct Cash Settlement (DCS) system, but to my surprise, my account was still credited after selling, and that is a month after I filled the form. This made me to miss out on so many trades that I should have executed. Loco was right with most of his assertions on Investment One.

The only advantage I see on Investment one platform is the instant withdrawal of fund, which takes less than an hour to hit your account.

FEEDBACK NOTED

Thank you for your feedback – it’s truly appreciated.

Please rest assured that all your concerns are being addressed. Any issues you've encountered during your engagement with Ione are being corrected.

Trust me, improvements are already underway across all services offered by Ione.
We're implementing changes that go beyond your expectations.

Also, whenever you have a concern and reach out to customer care, please do reach out to me directly as well. Sometimes, a quick chat with me can resolve your issue faster — and I’m sure some of our clients on this thread can confirm this.

Making a phone call can also help get you a quicker response.

Please note that some services you mentioned, such as opting out of DCS, are managed by CSCS Plc. Many delays experienced often stem from their end. Additionally, some processes require verification and validation of data provided through portals (like BVN and NIN), which can also lead to delays.

Once again, we sincerely apologize for any inconvenience caused.

And if you’ve stepped away, we’d love to have you back. We deeply value all our customers — both new and existing.

Make una help my ministry o! ejor. I beg. biko

Engineer123:
Good morning ladies and gentlemen. I'm a novice in NGX. Please, kindly recommended a good app or website for investment in Nigerian stock exchange. Thanks and God bless you as you recommend a good apps.

Click the 3rd link on my signature to open a stock/cscs account with Investment One. You trade using the web portal or the app.
You will also have good customer service using them.

laurelbae:
I sent to stanbic UBA mutual fund account without my reference 😔
Wahala

Send the evidence of transfer to their customer care, this will aid their tracing of your deposit.

bassdow:
if said account name has your Full Name as Account Name, then it's the virtual account. You could either confirm from support via phone call or make a test payment (say 1,000 naira) into it.

The UBA account is not the personalized account.

It's the collection account where all investors deposit their funds into and that is the normal traditional way to fund your mutual fund account.
It's always a bank that is not related to the fund manager in any way. This is done for checks and balances and to add more safety to your funds.

Every other methods of funding is just to make the process simpler, convenient and a bit more personalized.

For every fund, the following parties must be involved

1. The fund manager
2. Custodian bank which is the collection account
3. Trustees that also checkmate and make sure money in and out is according to the rules and doesn't contradict the fund's MOU. If you noticed, the collection account always have two names on the account name, the second name is the Trustees'
4. SEC. This is the arm through which government controls the fund.

Note: Be skeptical or run from any fund that don't have the above four parties.

Some factors that determine where you put your money:

There are different forms of investment windows with different returns. The one you decide to invest in will be determined by these factors:

1. Risk appetite: No matter how profitable an investment seems, it’s the risk tolerance of the investor that dictates the type of instrument to invest in. The saying “the higher the risk, the higher the returns” holds in most cases

2. Investment objective: what you intend to achieve could be immediate or futuristic (short, medium, or long term), this will determine if you want stocks, bonds, mutual funds etc

3. Experience and knowledge: How well you know where you want to put your money, in most cases, determines your success or failure.

4. Age: All things being equal, it’s advised to do less risky investments when getting older and vice versa.

5. Funds available for investment: This will determine the type/form of investment you can do; it will be ridiculous to think of real estate
investment when you are starting with, say, 50k. An investment in a mutual fund or stocks will be better instead; that is not to say real estate is not a good investment, but your funds are not ripe for it.

6. Investment duration: In most cases, the longer the duration/tenor, the higher the profit

Don’t forget there are always exceptions to the norms.

Forms of investment:

Real estates
Stocks
Mutual funds (REITS, MMF, Fixed income fund, balance fund, equity fund, faith-based/ethical funds)
Treasury bills
Bonds
Commercial papers

NB: The primary aim of investment is to make a profit. However, some of the factors and types of investment, as stated above, will determine the level of your profit/returns

In investment, beware of Greed and Fear.
Fear will stop you from making the money you ought to make
While greed will cause you to lose the money you have already made.

Remember to always check my signature for online account opening for any form of mutual funds, stocks, etc, with Investment One, Stanbic Asset Management, First Ally, or i-invest

You can also get in touch.

Some factors that determine where you put your money:

There are different forms of investment windows with different returns. The one you decide to invest in will be determined by these factors:

1. Risk appetite: No matter how profitable an investment seems, it’s the risk tolerance of the investor that dictates the type of instrument to invest in. The saying “the higher the risk, the higher the returns” holds in most cases

2. Investment objective: what you intend to achieve could be immediate or futuristic (short, medium, or long term), this will determine if you want stocks, bonds, mutual funds etc

3. Experience and knowledge: How well you know where you want to put your money, in most cases, determines your success or failure.

4. Age: All things being equal, it’s advised to do less risky investments when getting older and vice versa.

5. Funds available for investment: This will determine the type/form of investment you can do; it will be ridiculous to think of real estate
investment when you are starting with, say, 50k. An investment in a mutual fund or stocks will be better instead; that is not to say real estate is not a good investment, but your funds are not ripe for it.

6. Investment duration: In most cases, the longer the duration/tenor, the higher the profit

Don’t forget there are always exceptions to the norms.

Forms of investment:

Real estates
Stocks
Mutual funds (REITS, MMF, Fixed income fund, balance fund, equity fund, faith-based/ethical funds)
Treasury bills
Bonds
Commercial papers

NB: The primary aim of investment is to make a profit. However, some of the factors and types of investment, as stated above, will determine the level of your profit/returns

In investment, beware of Greed and Fear.
Fear will stop you from making the money you ought to make
While greed will cause you to lose the money you have already made.

Remember to always check my signature for online account opening for any form of mutual funds, stocks, etc, with Investment One, Stanbic Asset Management, First Ally, or i-invest

You can also get in touch.

Some factors that determine where you put your money:

There are different forms of investment windows with different returns. The one you decide to invest in will be determined by these factors:

1. Risk appetite: No matter how profitable an investment seems, it’s the risk tolerance of the investor that dictates the type of instrument to invest in. The saying “the higher the risk, the higher the returns” holds in most cases

2. Investment objective: what you intend to achieve could be immediate or futuristic (short, medium, or long term), this will determine if you want stocks, bonds, mutual funds etc

3. Experience and knowledge: How well you know where you want to put your money, in most cases, determines your success or failure.

4. Age: All things being equal, it’s advised to do less risky investments when getting older and vice versa.

5. Funds available for investment: This will determine the type/form of investment you can do; it will be ridiculous to think of real estate
investment when you are starting with, say, 50k. An investment in a mutual fund or stocks will be better instead; that is not to say real estate is not a good investment, but your funds are not ripe for it.

6. Investment duration: In most cases, the longer the duration/tenor, the higher the profit

Don’t forget there are always exceptions to the norms.

Forms of investment:

Real estates
Stocks
Mutual funds (REITS, MMF, Fixed income fund, balance fund, equity fund, faith-based/ethical funds)
Treasury bills
Bonds
Commercial papers

NB: The primary aim of investment is to make a profit. However, some of the factors and types of investment, as stated above, will determine the level of your profit/returns

In investment, beware of Greed and Fear.
Fear will stop you from making the money you ought to make
While greed will cause you to lose the money you have already made.

Remember to always check my signature for online account opening for any form of mutual funds, stocks, etc, with Investment One, Stanbic Asset Management, First Ally, or i-invest

You can also get in touch.

[quote author=mommaJ post=136156432][/quote]@Mommaj, thanks for the kind words.
You are free to send your chat.
I will be expecting

Tolu2024:
When i wanted to buy T bills for 3 months I went to stanbic asset management they ask me to go to
stanbic ibtc bank .

You just confirmed what I posted earlier. The jobs and operations of those firms differ. You were directed that way because that's where to get what you needed or requested. The method of subscription to Tbills and MMF is not the same. Before now, you couldn't buy Tbills from the asset management, but this is now possible with the new platform - BluNet, and even at that, it's only the secondary market that is available through BluNet.

Tolu2024:
Go to their bank near you they are many fake stanbic website online asking you to invest before you will cry 😭 go to bank .

That is not very correct. Understand that stanbic ibtc bank and stanbic asset management are two different companies with different interest and line of business, they only belong to the same holding company but operation wise they are different.

Sincerely going to a stanbic ibtc bank doesn't necessarily make you closer to stanbic asset management. Most of us assume the otherwise.
Stanbic Asset management will never ask you for money to register your account online. The method of collecting deposits is very straightforward with their collection account made available or a stanbic ibtc wallet which bears your name.

I know many folks here i have to help them out when they were almost frustrated as they went to the bank to open MMF account.
For days and some weeks no headway, main while within 24hrs then account are opened online.

Currently with the BluNest, life is even made easier. Your account is open instantly with basic status and becomes premium when you submit your kyc.

I just felt I should give some clarity and not ruling out the fact that one should be careful online generally.

francisobiabo:
Please, I beg you, educate me on stocks and how it works.
Thank you sir

You can get in touch. Send a DM or use my contact in my signature.

omotola224:
Hi everyone, I don’t have a first bank account or stanbic account
Is there an app I can start mutual funds with
I will really like to get started
Thank you

Click the first link in my signature to open MMF account with Stanbic IBTC Asset Management or the second link with First Ally Asset Management.

To operate any money market fund, you can use any commercial bank where you have an account. You can also fund your MMF from any bank account that bears your name and is linked with your BVN, but you can only receive funds whenever you make a withdrawal or when receiving your returns into the only registered bank account during registration.

richgang:
Boss abeg give me some penny stocks you think I should buy that will go higher in 1-2 years . I have cutix and Champions already . Thanks in advance

Please note this is TBills' thread, let's not derail it.

francisobiabo:
But boss, most of these big banks shares at the end of the day equals near zero.
What is often made is next to nothing.
What's really the way to go on safe investment with one's capital secured.

Seek knowledge and you will understand the benefits of investing in stocks, but only if your risk tolerance is high and you understand how it works.

Emzedz:
I went to zenithbank to increase my withdrawal limit d other day so i fit meet up with tbills rate.. this pple get mind change me #1500 just to increase my limit..
very stupid n self serving bank

If you want to benefit from outrageous bank charges, buy their shares in that way, you collect your money back inform of dividend when they declare profit and in price appreciation of their share price; that is the only way because these banks are not ready to change no matter the policies put in place by the CBN.

Mysteriousworld:
Someone pls help me out. I bought 4000 units of shares from Unilever Nigeria 20 years ago.... I never claimed the dividends for once...
Pls, can I get an idea of it's worth today?
Before taking any step about it, I want to know if it's worth anything tangible

The first step is to open a cscs account with a stockbroker if you still possess the paper certificate or you have misplaced it. You can open an account with investment one for free, click the third link on my signature to complete the form online.

If you bought through a stockbroker, try and find out if the stockbroking firm is still operational, if yes, then you can do whatever with your shares easily, if otherwise you take the first option and then go ahead and transfer the shares to investment one.

For the dividend, you can only get the ones less than or equal to 12 years, claiming your dividend is a different process it has nothing to do with the opening of a cscs account. Go to SEC website and get the link to fill online form for your dividend.

You can also reach out to me.