₦airaland Forum

Donbrig:
Stanbic rate is very very discouraging at the moment, my concern is not just the 15.73% at the moment, but how low Stanbic rate would be if CBN should decide to reduce rate in February 2026, Stanbic might go single digit rate....

Other fund managers are hitting 17 to 18+%

Stanbic fund managers nor try at all.... They aren't wishing us a good happy Christmas with these rates..

Its like Stanbic now invest our funds in ordinary bank deposits

Stanbic go chop cane very well. I can see abandonment/porting from investors very soon. Norrenberger and First Ally have come to challenge the status quo.

Preator:
Abeg, how can i withdraw more than 5m from stanbic? This their rate is now ludicrous?

Fill out the redemption form and indicate whatever amount you wish to withdraw and send to them. You don't need to be in the physical branch, except if it's convenient for you.

tiwatope15:
I also want to buy shares but I don't know how to start. Thank you

You can click the third link in my signature to open a stockbroking account with Investment One.
Get in touch for a voice note on the ABC about investment in stocks and other instruments.

Tax evasion is a crime, but tax avoidance is not be wise!
Are you trying to avoid tax, and you don't have money for the FGN Bonds or you don't want to wait for the long tenor associated with direct investing in bonds, or you want something similar to MMF while enjoying a stable bond nature, then with as low as 5k, you can invest in the SFS Fixed Income Fund to get 17.01%.

https://sfsfund.com/register?referral=4GJ0I3Q21G or reach out to me.

Tax evasion is a crime, but tax avoidance is not be wise!
Are you trying to avoid tax, and you don't have money for the FGN Bonds or you don't want to wait for the long tenor associated with direct investing in bonds, or you want something similar to MMF while enjoying a stable bond nature, then with as low as 5k, you can invest in the SFS Fixed Income Fund to get 17.01%.

https://sfsfund.com/register?referral=4GJ0I3Q21G or reach out to me.

Iamblessed88:
Please, lets say i invest 50mln in stanbic money market mutual fund and lets assume the rate is held constant @ 20%, what will the 50mln become in a year? Also assuming stanbics quarterly compounding (correct me if I'm wrong)

I suspect my computation is wrong because the delta i am getting assuming compounding and non compounding scenarios is soo small.

If we assume the following: a 20% constant rate, which is not feasible, and a one-off deposit of 50m at the beginning of the year, returns and capital will be 60,969,554.25. I want to say, realistically, with the current economic situation, this is unrealistic.

By the way, Stanbic compounds monthly.

Key Investment Principles for Smarter Financial Decisions

As we transition into 2026, it is important to reflect on the lessons from 2025. The year presented a mix of gains, missed opportunities, and learning moments. Many individuals began their investment journey, others consolidated existing portfolios, while some explored new asset classes.
The lessons from 2025 remind us that successful investing is not about luck or speculation, but about structure, knowledge, and consistency.

As we enter 2026, in about 10 days, investors are encouraged to move with clarity, discipline, and informed judgment.
This handout highlights core investment principles to guide decision-making in the year ahead.

1. Capital Preservation Comes First
The primary objective of investing is to protect your capital.
High returns are attractive, but they should never outweigh the importance of safety. Always understand the downside risk before committing funds.
Protect first, grow second.

2. Invest Only in What You Understand
You do not need to invest in everything.
Before investing, ensure you understand:
• How the investment works
• How returns are generated
• The risks involved
• How and when you can exit
Knowledge reduces costly mistakes.

3. Start with What You Have
You don’t need millions to begin investing. Start with your current capital and grow gradually.
• Small, consistent investments compound over time
• Mutual funds can help build capital toward larger goals like bonds or real estate
• Waiting too long can expose your money to inflation risk
Action beats delay.

4. Beware of Ponzi Schemes
Ponzi schemes exist in every market cycle. Be cautious of:
• Guaranteed or unusually high returns
• Pressure to act quickly
• Lack of transparency or regulation
If it sounds too good to be true, it usually is.

5. Make Decisions Based on Facts, Not Rumors
Avoid making investment decisions based on hearsay or social pressure.
Proper due diligence should always come before investment. At times, informed investors may act alone—confidence should come from research, not popularity.

6. Diversify to Manage Risk
Risk is better managed when investments are spread across asset classes such as:
• Mutual funds
• Treasury Bills
• Federal Government Bonds
• Stocks
• Real estate
Diversification reduces overexposure to any single investment.

7. Be Tax-Aware
With evolving tax laws, investors should consider tax-efficient instruments.
Where direct bond investment is not possible, instruments with FGN Bonds as underlying assets can offer relative stability and tax advantages.
Always consider after-tax returns, not just headline yields.

8. Remember the Golden Rule of Investing
Warren Buffett’s timeless principle:
Rule No. 1: Never lose money.
Rule No. 2: Never forget Rule No. 1.

Final Note
Successful investing in 2026 will reward discipline, education, diversification, and patience. Focus on long-term wealth creation rather than short-term speculation.
Wishing you a disciplined, informed, and high-yielding 2026 ahead

Key Investment Principles for Smarter Financial Decisions

As we transition into 2026, it is important to reflect on the lessons from 2025. The year presented a mix of gains, missed opportunities, and learning moments. Many individuals began their investment journey, others consolidated existing portfolios, while some explored new asset classes.
The lessons from 2025 remind us that successful investing is not about luck or speculation, but about structure, knowledge, and consistency.

As we enter 2026, in about 10 days, investors are encouraged to move with clarity, discipline, and informed judgment.
This handout highlights core investment principles to guide decision-making in the year ahead.

1. Capital Preservation Comes First
The primary objective of investing is to protect your capital.
High returns are attractive, but they should never outweigh the importance of safety. Always understand the downside risk before committing funds.
Protect first, grow second.

2. Invest Only in What You Understand
You do not need to invest in everything.
Before investing, ensure you understand:
• How the investment works
• How returns are generated
• The risks involved
• How and when you can exit
Knowledge reduces costly mistakes.

3. Start with What You Have
You don’t need millions to begin investing. Start with your current capital and grow gradually.
• Small, consistent investments compound over time
• Mutual funds can help build capital toward larger goals like bonds or real estate
• Waiting too long can expose your money to inflation risk
Action beats delay.

4. Beware of Ponzi Schemes
Ponzi schemes exist in every market cycle. Be cautious of:
• Guaranteed or unusually high returns
• Pressure to act quickly
• Lack of transparency or regulation
If it sounds too good to be true, it usually is.

5. Make Decisions Based on Facts, Not Rumors
Avoid making investment decisions based on hearsay or social pressure.
Proper due diligence should always come before investment. At times, informed investors may act alone—confidence should come from research, not popularity.

6. Diversify to Manage Risk
Risk is better managed when investments are spread across asset classes such as:
• Mutual funds
• Treasury Bills
• Federal Government Bonds
• Stocks
• Real estate
Diversification reduces overexposure to any single investment.

7. Be Tax-Aware
With evolving tax laws, investors should consider tax-efficient instruments.
Where direct bond investment is not possible, instruments with FGN Bonds as underlying assets can offer relative stability and tax advantages.
Always consider after-tax returns, not just headline yields.

8. Remember the Golden Rule of Investing
Warren Buffett’s timeless principle:
Rule No. 1: Never lose money.
Rule No. 2: Never forget Rule No. 1.

Final Note
Successful investing in 2026 will reward discipline, education, diversification, and patience. Focus on long-term wealth creation rather than short-term speculation.
Wishing you a disciplined, informed, and high-yielding 2026 ahead

Key Investment Principles for Smarter Financial Decisions

As we transition into 2026, it is important to reflect on the lessons from 2025. The year presented a mix of gains, missed opportunities, and learning moments. Many individuals began their investment journey, others consolidated existing portfolios, while some explored new asset classes.
The lessons from 2025 remind us that successful investing is not about luck or speculation, but about structure, knowledge, and consistency.

As we enter 2026, in about 10 days, investors are encouraged to move with clarity, discipline, and informed judgment.
This handout highlights core investment principles to guide decision-making in the year ahead.

1. Capital Preservation Comes First
The primary objective of investing is to protect your capital.
High returns are attractive, but they should never outweigh the importance of safety. Always understand the downside risk before committing funds.
Protect first, grow second.

2. Invest Only in What You Understand
You do not need to invest in everything.
Before investing, ensure you understand:
• How the investment works
• How returns are generated
• The risks involved
• How and when you can exit
Knowledge reduces costly mistakes.

3. Start with What You Have
You don’t need millions to begin investing. Start with your current capital and grow gradually.
• Small, consistent investments compound over time
• Mutual funds can help build capital toward larger goals like bonds or real estate
• Waiting too long can expose your money to inflation risk
Action beats delay.

4. Beware of Ponzi Schemes
Ponzi schemes exist in every market cycle. Be cautious of:
• Guaranteed or unusually high returns
• Pressure to act quickly
• Lack of transparency or regulation
If it sounds too good to be true, it usually is.

5. Make Decisions Based on Facts, Not Rumors
Avoid making investment decisions based on hearsay or social pressure.
Proper due diligence should always come before investment. At times, informed investors may act alone—confidence should come from research, not popularity.

6. Diversify to Manage Risk
Risk is better managed when investments are spread across asset classes such as:
• Mutual funds
• Treasury Bills
• Federal Government Bonds
• Stocks
• Real estate
Diversification reduces overexposure to any single investment.

7. Be Tax-Aware
With evolving tax laws, investors should consider tax-efficient instruments.
Where direct bond investment is not possible, instruments with FGN Bonds as underlying assets can offer relative stability and tax advantages.
Always consider after-tax returns, not just headline yields.

8. Remember the Golden Rule of Investing
Warren Buffett’s timeless principle:
Rule No. 1: Never lose money.
Rule No. 2: Never forget Rule No. 1.

Final Note
Successful investing in 2026 will reward discipline, education, diversification, and patience. Focus on long-term wealth creation rather than short-term speculation.
Wishing you a disciplined, informed, and high-yielding 2026 ahead

Iamblessed88:
Hi guys. Can your mutual fund capital be insured by an insurance company? Assuming its money market mutual fund which offers capital preservation but just as a double layer of protection

It's not necessary based on the underlying asset. There is a reason MMF is qualified as a low-risk investment. Don't try to ascribe any risk beyond its status to it. Having insurance on MMF is like having insurance on Tbills. We should not use a sledgehammer to kill mosquitoes.

Your money in MMF is not cash, and the full weight of the Federal government backs the major underlying asset. Even if your suggestion is applied, it will only reduce the return further without added value.

MeezPat:
Hello emmasoft, what bank do you use that sends this please

Not bank. It's one of the fund managers that sent it to me.

IamtheDef:
Any update on their channels or is it just me that cannot access both the app and the web portal

This could be from your end because I just used the app now and it worked perfectly

playces:
Oga Emma,

What are u people upto o. U wan mk we dey jump jump. From fbnquest I don open stanbic now u dey rub norren on our face.

24% high o. Others for mkt no near 20 self

I have always been an advocate of more than one fund manager, and as you know, MMFs are daily valued, so enjoy it while it lasts.

Check out Norrenberger MMF doing 24.92% today.

Your money can still work for you in the days remaining this year and beyond.

Click the second link in my signature to start investing. Account is opened within 24 hours.

nickae:
Hello @emmasoft, with this info from Norrenberger, does it mean Mutual funds are exempted from the 10% WHT?

Based on the mail, since the underlying asset - Tbills will be taxed, there will be no tax on MMF. It means that before the returns are given to investors, all necessary taxation or deductions would have been effected.

However, we wait to see exactly what will play out by next year and going forward.

ipobcannibals:
T-bills are better than MMF because T-bills interests are locked in for the duration of your investment, while MMF’s interests fluctuates on a daily basis.
MMF was 23.7% at the beginning of the year, but now it’s averaging 16%. On the other hand, investors who locked in T-bills at 18.5% in January for 1 year got a better average interest when compared to MMF today.

@ipobcannibals, It will not be absolutely correct to say TBills is better than MMF. The example you cited can also be the other way, because there is an investor who was feeling bad that he could not take advantage of the increasing rate, because his rate was now lower than the prevailing rate at that time. So the choice is always based on the investor's investment objective.

My post is just reasons for my preference, not that one is actually better than the other, just as I stated in my conclusion in the post.

suckprick:
@emmasoft, I want to ask, is there a difference between MMF and Tbills? Someone advised me to invest in Tbills instead of MMF. As I am looking to invest a huge sum, I need as much market analysis and advice as I can get. Please shed more light at your convenience. Thank you.

By investment category, Tbills and MMF belong to the same low-risk investment group. The truth is that TBills and MMF are actually the same investment but achieved differently.

The underlying assets of MMF are mainly Tbills. The difference between them is the mode of operation and the fact that commercial paper is also part of the underlying asset in MMF.

Check the post below I did in January this year, it will give an idea. One thing you should know MMF and Tbills are good investment products that you can be involved in if you are a conservative investor.

Some reasons why I will prefer MMF to Tbills

You can start MMF with a much lower amount compared to TBills. With 5,000 or less, you can start investing in most of the MMFs available. The least for tbills is 100k.

When the rate increases, it will not affect already invested funds in TBills, but it will with MMF

You can't top up with Tbills. Top-up is very possible with MMF, even if you want a daily top-up.

Terminating before tenor expiration in Tbills comes with penalties. For mmf, after just 30 days, exit is without penalties.

MMF has other instruments, like commercial papers, that contribute to its rate.

You can easily automate reinvestment of interest in MMF, ie, taking advantage of the power of compound interest.

It's the investor that determines MMF tenor, hence you can hold MMF as long as you wish no restrictions. TBills, particularly primary auction, have fixed tenors of 3 months, 6 months, or 1 year.

Right now, mmf rates are good enough and above that of TBills.

However, that is not to say Tbills is a bad investment. The one you pick, MMF or Tbills, actually depends on the reason for investing, among other factors, which most times are peculiar to the investor

You can reach out to me, let's talk more specifically if you don't mind.

IamtheDef:
Meanwhile has anyone been able to use Norrenberger today... Both the app and web portal aren't available

Yes, there is a glitch, and they are working on it. But you can go ahead and fund your account by making a transfer to their UBA collection account.

If you want to make a redemption urgently, you can reach out to your RM, and it will be arranged pending when the IT team concludes their work.

I confirmed everything is working now. I just login to my accouint.

IamtheDef:
In your opinion sir, is there any disadvantage chasing rates? I mean it makes no sense to remain with MMF option A @15% ish when MMF option B is @19% ish, seeing as there's absolutely no risk in the product itself irrespective of the manager

My own approach is to have more than one fund manager for MMF. Normally, investment in any of them is based on the objective of setting it up. However, I look at the movement of rate in a given period, such that more funds are allocated to the one that has an average higher rate than the other, though there are other considerations such as customer service, ease of redemption, etc.

Please note that MMF rate is always in a range and dynamic, you can not decide on the rate just because of the rate of one or two days.
For example, we saw Norrenberger at 18%+ 2 days ago, yesterday 16%+, and today it's 21%+. So the best thing is to have more than one, then channel more funds to the one that seems to have a high average rate, and when the tables turn, you also follow likewise rather than just moving your funds here and there.

nickae:
Correct, but for rate to drop from about 19% to 16% is a sense of concern , cos stanbic had consistently been on 16% while cowrie wise had been like 17%, or did Norrenberger just realized the interest rate had dropped

There is nothing like concern when it comes to MMF. The nature of MMF remains the same, regardless of the manager, and once the underlying assets are revalued, the rate will always change. There is actually no problem with any fund manager. None of them invests in anything other than TBills and commercial paper.

If you check now, Norrenberger is 21.89%. today.

nickae:
So I decided to test Norrenberger MMF and unfortunately the rate as at today is 16.07%, I thought it was mentioned that it about 19%

All MMF rates are daily valued; it's not like a bond or fixed deposit, where you have a fixed return throughout the duration or tenor of the investment. The flexibility is the uniqueness of MMF.

excel127:
Followed your guide and myinvester app seems like the easiest to setup. Everything is ready for me

Any idea if it's safe to deposit big savings on their mmf like 8m or so

Very safe. If you are in Lagos, you can even pay a visit to their office in Ajose Adeogun Street, close to the Zenith Bank head office in VI

You are welcome on board

shangos:
Good evening boss,
Thanks for your response. I only notice this unrealised interest on months I make withdrawals. But my balance seems to be intact.
As for norrenberger dollar mutual fund I read somewhere after paying in I have to reach out to my relationship manager to follow up. Assuming I can't reach my relationship manager my account won't reflect funding.
Lastly to login into the norrenberger app today has been very difficult, is this a general experience or just me

Don't worry by end of the quarter you will understand better as per unrealised interest.
Sending evidence of payment after cash deposit is necessary for ease in tracing funds, it doesn't necessarily have to be your relationship manager. You can always send it to customer care email address.

Have you set up your account on the web portal? If not, it could be the reason you are having issues. I used the app today, no issues, or it could be some other reasons. Please address issues like this to customer care with a screenshot of the error message; you can also reach out to me via WhatsApp to avoid posting what is not meant for public consumption here.

Oyibopepe2000:
Pls kindly tell me where or how one checks on the app or their web portal to know if one opted for interest reinvestment or not as I do not remember which I opted for.
Thank you.

I don't really know the firm you are referring to but that not withstanding, the way to confirm is either you call customer care or wait to end of the month for Stanbic, if your accrued interest is reinvested then you picked reinvestment of interest if otherwise, you will get paid.

For others, check at the end of the quarter, if you see reinvestment of your accrued interest at the last day of the quarter, it means that is what you opted for, but if you didn't see that line item of reinvestment in your transaction, it means you opted otherwise.

Whatever option you prefer, you can always send an email to customer care to that effect.

Creditalerts:
pls is there holding period on FAAM by investar because their app state otherwise

Cc @emmasoft

It's as you can see. It's one of First Ally's way of attracting prospects. MMF doesn't have the usual 30 days holding period. This actually came into effect in January this year; it was otherwise before now.

Inflation eased again

MMF now has positive real returns.

ogoo4real:
@emmasoft please what's the interest rate of Norrenberger at the moment. Thanks 🙏

Today's rate not yet out.

shangos:
Good morning all, please I saw some amount of money in unrealised interest in my stanbic mutual fund November statement of account, can you kindly clarify what it means?

2ndly is there any charge when funding(paying in at the bank not bank transfer) /withdrawing from norrenberger dollar mutual fund. Also the account details to pay into. Thank you

@(emmasoft) and other elders please I need your input

Unrealized interest means interest already earned but has not been paid to you. I believe you opt for interest payout hence by end of the quarter you will be credited all earned interest from Oct 1 to Dec 31st. Otherwise those earned interest suppose to be reinvested at tbe end of each month if you had opted for interest reinvestment.

There is no changes when depositing dollar cash into their collection account.

By SEC rule, you are only paid by transfer into your dom account, No withdrawal of cash at the bank and no charges from Norrenberger for transfer.

Dollar collection acct:
Account Name: DLM Trust Company/Norrenberger Dollar Fund
Account Number: 0040306013
Bank: Stanbic IBTC

Kindly use the second link in my signature to open your account.

nickae:
Do Norrenbeger have another alternative to fund account, the rates in flutterwave they are using is quite high.

Don't use that method to fund. Once you complete the form and submit, wait they will send you the collection account. You don't need to use third party payment system to avoid high charges.
Their collection account is a UBA account, you make a transfer to it and you will be fine.
Use your name as narration and send evidence to them.

Money Market Fund Collection Account

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

ACCOUNT NUMBER: 1022962235

BANK: UBA

Guide to opening an investment account with different Fund managers

Norrenbeger
- click the second link on my signature
- click Individual if you are opening personal MMF account or corporate if a company account
- complete the four sections of the form- personal info, Next of Kin, Bank Details and ID verification
- click submit.
You don't need to do any other thing after submitting irrespective of whatever is displayed, you are to wait, within 24hrs a mail containing your account details and the collection account will be sent to you.
To get the best and seamless onboarding experience, let the downloading of the app come after you have made your first deposit. It's always best to first set up your account on the web portal following the steps I just outlined.

First Ally- owner of Myinvestar app
Download Myinvestar app from play store or ios. See the attached so you know how the app look like
- click install
click create an account
- pick new customer? click here option
- fill your name and email address
- use SA-Emma as referral code
- click continue
once your account is created and your bvn is verified you will be given a virtual account through which you can fund your MMF account.
- as you deposit, your funds reflect immediately irrespective of the time or day of the week

Stanbic
- click the first link on my signature
- fill your email and phone number
- complete the three fields of the form - Account details , personal setup profile and verify confirm OTP
- once you login, to your account it's automatically basic, then click on UPGRADE and submit your kyc to have a premium account that has unlimited features.
- get your personalized Stanbic wallet account through which you will fund your MMF account.

Investment One (for stock, fixed income, TBills, and target savings)

- click the 3rd link in my signature
- pick individual as type of account
- select fixed income and stockbroking as products
- Click continue and complete the other parts of the form.
- Once you submit, check your email for a confirmation that your details got to their server.

SFS -Fixed income Fund

For the SFS fixed income fund, click this link https://sfsfund.com/register?referral=4GJ0I3Q21G and complete the form.

For Chapel Hill MMF, or if you need any support or clarification on the above guide, call or chat with me. The number is in my signature
You will be well guided.

Please note, following the the guide above doesn't make me your fund manager but rather you are a direct customer with any of the fund manager you decide to go with.

But be sure if you sign up with any of the above mentioned firms, you are sure of maximum support from me and another officer will also be attached to you to satisfy you on any request.

Thank you.