₦airaland Forum

Agbeni33:
What is norrenberger?

Norrenberger is an asset management company, registered with SEC to provide financial services just like Stanbic Asset Management or any other one in that category.

They are into fund management, pension, insurance, and other financial/investment services or products. Many folks here are already with them as customers, and they have one of the best rates for MMF in the industry presently. You can come on board as stated already by clicking the second link in my signature.

Agbeni33:
Hello Everyone,
I used to invest in Stanbic bank money market(Naira fund) 3-5years ago and i stopped after sometimes. Although, they still send me an emails sometimes. Now, i want to start investing back and i know that a lot would have changed. I'm interested in the dollar mutual fund and probably any other funds investments. Please, who can help me with everything i need to know before starting this investment and perhaps, what i need to read to familiarize myself to the system since its been a while i opted out from the mutual funds investment.

First know that your account is still intact, you may just need to provide current kyc documents.

Download stanbic ibtc app 3.0 and go to the BluNest module on the app and update your details. You may also need to put a call through to their customer care.

For dollar fund, go with norrenberger dollar fund for better rate and easier funding method.

Click the second link on my signature to open account for both mmf and dollar accounts with Norrenberger. You can also reach out to me see details on my signature.

EquityM:
On January 2nd, I topped up my MMF account using Norrenberger's app. It still hasn't shown up. As soon as my dividend is credited, I'm done with them.

I have always said you should fund your account using their collection account that is direct. Using the app or the web is passing through a third party payment system which they don't have power over.

Even at that, note that the period is end of quarter/ year end activities so there could also be delay in posting, also note that even if your inflow is not posted, so long it hit the account before the cut of time, you are sure of the value and interest for that day.

You may need to have some degree of patience as an investor and get some basic experience on how this things work.
Moving at any slight glitch may not give you a very desired result in your investment journey.

Notice, there are some managers right now there seems to be no accrued interest from 1st to date but that doesn't mean any loss for investors, by the time posting is done you have all values and interests from day one till date.
Let's learn while we earn.
Happy new year once again.

faoogoke:
I know its listed. It about due diligence before buy. Information about the NRIET is no available and I wont put money into something I have no information about.

Yes, since it's already listed, watch out on the NGX portal for information about them, particularly their earnings. But generally, since it's a closed fund that is dedicated to real estate, the fundamentals and rules governing that window of investment will apply to them just like UPDCREIT, SFSREIT, etc.

faoogoke:
I have searched endlessly for the prospectus of this REIT. Can someone please help me?

It's already listed; you can only purchase it on the NGX. Information about it will always come in like any other stock on the NGX.

Use a fixed-income fund to avoid tax; but tax evasion is an offence

One way to avoid tax this year is to invest in FGN Bond-based mutual funds. Currently, Federal government-issued bonds are exempt from WHT. If you don't have the large some required for bond investing, an alternative is to invest in a fixed income fund. This will also help you avoid tax and have the stability of a rate associated with bonds.
Click on this link https://sfsfund.com/register?referral=4GJ0I3Q21G to invest at 17.01% in a fixed-income fund with SFS Capital

Harddiskng:
Good info.

Looks like i’d finally go with norrenberger dollar fund, I’d open Stanbic dollar account in the coming week.

Standard chartered is asking for too much, just for me to maintain Stanbic dollar fund and offering me too little.

It would be in Stanbic Asset Managers’’ best interest to look for a way to influence StanChart, so that their clients can keep their StanChart dollar accounts without the N7.5 million minimum investment requirement.

Please use the second link in my signature to open a Norrenberger dollar fund account to help my ministry o.

Main while you can operate the dollar fund account using dom account in any bank. It doesn't necessarily have to be a dom account in Stanbic Bank.

Jayce242:
@bold are u saying one can pay to Norrenberger in naira & it will be converted to dollar? I thought they said payment must be through dollars?

@Jayce242, Norrenberger no longer accepts naira for dollar fund investment. They did that when the dollar fund just kicked off.
Actually, the SEC doesn't allow such because the license of fund managers doesn't include currency exchange. So, currently, you will need to bring in your dollars if you wish to invest in the Norrenberger dollar fund.

However, a soft landing is that you can pay your cash (dollars) into their Stanbic dollar collection account. So investors are not restricted to only transferring to fund their dollar fund account, which will remove the charges involved in transferring funds from a dom account. This is still a better method compared to what is obtainable with other fund managers.

Remember to always click the second link on my signature to open an account with Norrenberger. Just one account can be used for all their products - MMF, Fixed income (Turbo ), Islamic fund, and dollar fund.

Harddiskng:
This is why illiteracy is a threat to Nigeria.

The people that have no money, that the new tax law will favor are the ones making the most noise.

@Harddiskng, you said it all. Illiteracy, particularly financial illiteracy, is a big issue in our country. Somebody call me that he's afraid because they said the government will tax the money that comes into our accounts starting yesterday. I just laugh. How on earth does all the money that enters your account get taxed, even the system we are trying to copy doesn't do such a thing.

Honestly, apart from the method of collection and trying to encourage more people to pay tax, there is nothing new. Some is a simple change in nomenclature. Even people who actually make the noise, as you said, are the ones the government is fighting for. Imagine people shouting CGT, all their portfolio is not up to 10m, not to mention the 150m threshold.

Honestly, apart from the trust issue regarding the tax utilization on the part of the government, I don't see anything strenuous about the tax. All we want is that the tax collected should be utilized properly and not end up in some politician's pocket.

EquityM:
Happy New Year to everyone. All the way from Asia..

I wish you the same.

Entering a new year is like investing. We all enter at different times, based on the information available to us and the position we currently occupy. Entries may differ, but everyone must eventually make a decision to step in

KingCassy:
I just remembered I’ve registered my account with your link since May. I’ve logged in with the credentials. But I still can’t understand the interface. I can’t see mutual funds in the list of investments. I downloaded the app, Norreworld, I’m seeing mutual funds but no rate associated with it.

Since you already have an account, fund your MMF account by making a transfer to their UBA collection account, using your name as the narration. Then, send the evidence to customer care. Normally, a proper narration is enough; even if you didn't send evidence, you are still good to go. The collection bank method of funding is better to avoid third-party like the Flutterwave payment system charges

Money Market Fund Collection Account for Norrenberger

Account name: NOM-NORRENBERGER MONEY MARKET FUND/UTL TRUST MGT SERVICES

ACCOUNT NUMBER: 1022962235

BANK: UBA

KingCassy:
I don’t understand norrenberger interface at all. I downloaded Norrenworld and I’m not even sure it’s their official app.

Why worry yourself when life is made easy. Click the 2nd link on my signature and open your mmf account, within 24hrs your details will be sent, thereafter you can download the app. This is a better process.

Iamblessed88:
In theory you’re right but believe me, that extra 6m wont move such a person the way you’re thinking. At that level, capital preservation is the priority. In my experience , moving huge funds can be a hassle. I dont like it. It creates an exposure and anything can go wrong if the Devil is on your case.

Also, personally, higher rates creates a level of suspicion. If you notice, it’s always the newer guys offering such and it sometimes feels inorganic. Feels like a deliberate ploy to reel people in or a mouse trap with cheese sprinkled all over

Much ado about rate and fund managers.
Some folks here are almost turning mmf to a high risk investment because of rate difference.

I hope you guys know at a time in the past stanbic had the highest rate in the industrial.
How come suddenly rate and fund manager's name are now what determines the safety of mmf investment?

Please guys take time to read the fundamentals of mmf so that you don't create unnecessary fear or risk that doesn't exist.

By the way what makes you think that the fund managers you just got to know are new? even if they are it's imaterial to your funds safety. How on earth one compares mmf to ponzi scheme, hmm.
Please let's be well guided.

Like I have always said, choose any fund manager you wish it has nothing to do with your funds safety. Check my other posts to know what safety of your funds entails when it comes to mmf.
Choice of fund manager with regards to mmf has to do with customer service, ease of withdrawal, channel of access, rate, referrals or other personal reasons.

What you guys don't know is the extent to which SEC is involved in this industrial if you know, some observation and comments here will not be necessary.

Please pick any fund manager of your choice and use mmf to your advantage. The rates you see now will not always be there. Enjoy it while it last.

In conclusion always do your due diligence and whatever you prefer, it's personal to you and not the standard. Your choice doesn't necessarily means the best, we all have our investment objectives and let's follow it.

Happy investing in the last day of the year and I wish you all a productive and prosperous 2026.

Making money without tears! is our goal

Arizona86:
Move your funds to the Stanbic IBTC Nigerian Equity fund, this year alone it has done over 63% YTD. Read about the history and past performance of the fund.

I hope you're aware that MMF and equity funds are fundamentally different. They are two different things, even though they are both mutual funds. The operation and returns are not the same. MMF guaranteed return of capital and varied returns on capital, for an equity fund, nothing is guaranteed for capital or returns.

Before making such moves, be sure you know your risk appetite because the saying remains true - the higher the returns, the higher the risk.
You may not need to monitor MMF, but an equity fund requires close monitoring of the equity market because the underlying assets are purely equities.

However, that is not to say an equity fund is a bad investment; it depends on the investor's investment objective and risk tolerance, among other factors.

temi4fash:
I didn't see your email in box o

It's okay. I believe you have seen the code as stated in my post here. I was thinking I would be banned if I dropped the code here; that is why I sent the mail.

Thank you for using the code to help my ministry.

temi4fash:
I


What js your referral code for My investar app.. Lost where you wrote it and it making me pend my registration

SA-Emma
You can also check page 420 it's there in my post on how to register for different Fund managers

VeeInsider:
A new account constantly posting about a company is definitely suspicious.

This is just my own observation. If it turns out they're a good platform and better than Stanbic and Norrenberger, then I'd definitely try them out.

I just posted how to clear your doubt about a fund manager. By the way First Ally may be new here that doesn't actually make it new.
As an investor you are required to do your unbiased due diligence and go with what you are comfortable with.
As old as stanbic, some folks got to know about them on this thread.
Apart from rate, investors have other reasons they go with a particular fund manager it depends on priority and not trial and error kind of approach.

Read some pages backward from this current page you will get some things clearer.

I come in peace!

chairmanawe:
Good pm Gurus and Professionals in the house. Pls sir/ma I want to start buying stocks, what are the basics that I need to know. Thanks in anticipation of your responses

Open a stock/cscs account with a stockbroking firm. Click the 3rd link in my signature to open one for free. Please note that Investment One stockbrokers will never ask you for cash to open an account.

Then set your investment Objective - reason/s why you want to invest in stocks.
Prepare for the long term (stock market investment is a marathon, not a sprint). As you are starting, you could change later, it's always good to start with the long term in view.
Read a lot of pages on this thread, plus other materials, but filter what you read or hear to align with your objective.

You can also reach out to me. I have a material to give to you that will serve as a guide.

I wish you the best as you start your investment journey.

VeeInsider:
FirstAlly here and there. The many mentions sound strange.

Just sharing my observation.

There is nothing strange about them. This is the time folks here just discovered them, and it's good to have variety. They are SEC-regulated asset management company.
I posted here how to check for a genuine Asset management company registered with the SEC. Use the code as described; that is how to confirm a SEC-regulated company, not by popularity or otherwise.

Creditalerts:
I'm using FirstAlly and stanbic mmf respectively but I want to move 60 percent of my funds to FirstAlly and 40 percent to Norrenberger pls transferring this millions of naira by January hope I won't be taxed directly from by bank because of these.


Cc emmasoft

From what I know, only income is taxed, not all funds that come into one's account

TeamLeader:
Good day to everyone,

Please I intend to get a car next year and well my intention is to be saving into my regular savings account but is there any account I can open for the savings that will be adding up interest instead of leaving it dormant in the bank? My target is 4m.

Thank you

Sure, you can open a MMF with Norrenberger and pick interest reinvestment, with that option, your money compounds and also have access to your money without any penalty after 30 days.
Click the second link on my signature to open an account for free.

I will advise you to open the account now before you even get the car,

12 Things to Remember in 2026 (One for Each Month)

January – Remember your investment objective
Always be clear about why you are investing. Your goals should guide every decision you make.

February – Remember you are the sole manager of your portfolio
Advice is helpful, but the final responsibility for your investments rests with you.

March – Remember that nobody can perfectly time the market
The market has a mind of its own; consistent strategy beats prediction.

April – Remember the market has two directions
Markets move up or down—bull or bear. Both phases are normal and inevitable.

May – Remember money can be made in both bull and bear markets
Opportunities exist in every market cycle for informed and disciplined investors.

June – Remember not all celebrated stocks have strong fundamentals
Popularity does not always equal value. Always look beyond the hype.

July – Remember to prioritize return of capital over return on capital
Protecting your principal is more important than chasing high returns.

August – Remember you can start investing with what you have
You don’t need to wait for “enough money.” Consistency matters more than size.

September – Remember the stock market is best suited for long-term investing
Patience and time are key ingredients for sustainable wealth creation.

October – Remember the power of compound interest
Small, consistent returns can grow significantly over time when compounded.

November – Remember to enjoy part of your gains
Investment is meant to serve you—reward yourself wisely along the journey.

December – Remember to take responsibility for every investment decision
Own your choices, learn from mistakes, and grow in experience and discipline.

12 Things to Remember in 2026 (One for Each Month)

January – Remember your investment objective
Always be clear about why you are investing. Your goals should guide every decision you make.

February – Remember you are the sole manager of your portfolio
Advice is helpful, but the final responsibility for your investments rests with you.

March – Remember that nobody can perfectly time the market
The market has a mind of its own; consistent strategy beats prediction.

April – Remember the market has two directions
Markets move up or down—bull or bear. Both phases are normal and inevitable.

May – Remember money can be made in both bull and bear markets
Opportunities exist in every market cycle for informed and disciplined investors.

June – Remember not all celebrated stocks have strong fundamentals
Popularity does not always equal value. Always look beyond the hype.

July – Remember to prioritize return of capital over return on capital
Protecting your principal is more important than chasing high returns.

August – Remember you can start investing with what you have
You don’t need to wait for “enough money.” Consistency matters more than size.

September – Remember the stock market is best suited for long-term investing
Patience and time are key ingredients for sustainable wealth creation.

October – Remember the power of compound interest
Small, consistent returns can grow significantly over time when compounded.

November – Remember to enjoy part of your gains
Investment is meant to serve you—reward yourself wisely along the journey.

December – Remember to take responsibility for every investment decision
Own your choices, learn from mistakes, and grow in experience and discipline.

12 Things to Remember in 2026 (One for Each Month)

January – Remember your investment objective
Always be clear about why you are investing. Your goals should guide every decision you make.

February – Remember you are the sole manager of your portfolio
Advice is helpful, but the final responsibility for your investments rests with you.

March – Remember that nobody can perfectly time the market
The market has a mind of its own; consistent strategy beats prediction.

April – Remember the market has two directions
Markets move up or down—bull or bear. Both phases are normal and inevitable.

May – Remember money can be made in both bull and bear markets
Opportunities exist in every market cycle for informed and disciplined investors.

June – Remember not all celebrated stocks have strong fundamentals
Popularity does not always equal value. Always look beyond the hype.

July – Remember to prioritize return of capital over return on capital
Protecting your principal is more important than chasing high returns.

August – Remember you can start investing with what you have
You don’t need to wait for “enough money.” Consistency matters more than size.

September – Remember the stock market is best suited for long-term investing
Patience and time are key ingredients for sustainable wealth creation.

October – Remember the power of compound interest
Small, consistent returns can grow significantly over time when compounded.

November – Remember to enjoy part of your gains
Investment is meant to serve you—reward yourself wisely along the journey.

December – Remember to take responsibility for every investment decision
Own your choices, learn from mistakes, and grow in experience and discipline.

H

bluntjudge:
my two friends and i are planning to be saving certain of amount of money monthly into mutual funds for a long time. We want a structure similar to a joint account, where all three of us have access to the account and no one can withdraw funds without the others being aware. We would also like each person to set up an automatic monthly direct debit from their personal bank account into the investment account.

Please, is there any platform that currently offers this kind of setup, or what would anyone recommend as the best way to go about it?

@bluntjudge, I sent you a PM, reply so that we can discuss. When it comes to something like this, it's important that the setting should take a wholestic approach that make room for different scenarios.
This is money matter o.

Key Factors That Determine Where You Invest Your Money

It will be sincere to acknowledge that it will be difficult to use absolute terms to say that a regulated investment is bad or good. There are many factors to consider before you go into a particular investment instrument.

Making sound investment decisions requires an understanding of several personal and market-related factors. These include:

Risk Appetite
This refers to your ability and willingness to tolerate losses. Generally, investments with higher risk offer the potential for higher returns, while lower-risk investments tend to offer more stable but modest returns.

Investment Objective
What do you want to achieve? Your goal may be short-term (e.g., liquidity, income) or long-term (e.g., wealth creation, retirement). Your objective largely determines the appropriate investment vehicle.

Experience and Knowledge
Your level of financial literacy and market experience often influences investment outcomes. Better knowledge typically improves decision-making and risk management.

Age
Younger investors can usually afford to take more risk due to longer investment horizons. As investors grow older, it is often advisable to gradually shift toward more conservative investments to preserve capital.

Funds Available for Investment
The amount of capital you have can determine the type and structure of investments accessible to you. Some investments require significant capital, while others allow small, incremental participation.

Investment Duration (Time Horizon)
Time plays a critical role in investing. In most cases, longer investment durations allow for compounding and better absorption of market volatility, potentially leading to higher returns.

Note: While these principles are generally applicable, there are always exceptions to the norms.

Common Forms of Investment
Real Estate
Stocks (Equities)
Mutual Funds ( MMF, equity, balance, fixed income, etc). Among the mutual funds, it's only the MMF that promises guaranteed return of capital and varied returns on capital; others have no guaranteed capital or returns.
Treasury Bills
Bonds
Commercial Papers
etc

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

Investment is dynamic, so before you pick a particular instrument to invest in, or move from one form to another, consider the above factors; it's part of due diligence to make before settling for a particular investment.

Professionally, it's advised for an investor to diversify, but start with what your risk appetite agrees with before attempting other forms of investment as your knowledge increases and confidence gets stronger; but be sure opportunities always abound in the investment space.

Understanding MMF and Risk Level

Please understand that Money Market Funds (MMFs) remain low-risk investments, irrespective of opinions, economic conditions, interest rate levels, fund managers, or other external considerations.

The primary reason MMFs are classified as low risk is the nature of their underlying assets—and nothing more. MMFs invest in short-term, high-quality instruments such as Treasury bills, commercial papers, and other money market securities. It is the quality and structure of these underlying assets that determine the risk profile, not the rate of return.

Interest rates do not determine whether an MMF is low risk. There were periods when MMF yields were as low as 4–6%, yet MMFs were not “safer” then than they are now. Likewise, during periods when MMF yields rose to 25–28%, MMFs did not suddenly become “riskier.” Across all these periods—past and present—MMFs have consistently retained their low-risk status.

Therefore, low returns do not imply low risk, and high returns do not imply high risk when it comes to MMFs. Rate movements reflect prevailing market conditions, not a change in the fundamental risk nature of the fund.

MMFs remain low risk, and we should avoid attributing risks to them that are not inherent in their structure. Other mutual fund categories—such as equity funds, balanced funds, or hybrid funds—naturally carry higher risk due to their asset composition. MMFs do not fall into that category.

In summary, MMFs are safe, low-risk investment vehicles, and investors should simply enjoy the prevailing rates available across different fund managers without unnecessary concern.