₦airaland Forum

Jonathan:
Haba boss .
Online redemption is not 5 working days I .
It’s 48 hours

Yes in most cases it's less than 5 days. Infact I have gotten less than 24hrs sometime ago. What the 5 days means is the longest time to wait before raising alarm. ie what is still acceptable within the law that governs MMF. it doesn't mean it will be 5 days.

ijeshaboy:
My online redemption since Monday is still hanging on stambic IBTc what's going on.

officially waiting time is 5 working days. it's still normal. you can complain after COB on Monday if you have not got credit alert.

od4life:
Bros you think say na kalo' kalo? Or ponzi scheme that promises nonexistent bogus profit margins? LMAO!

low risk low profit, high risk high profit. it's up to you. invest base on your level of risk appetite.

OgogoroFreak:
Wow! I never knew this thing called tbills existed o..

God bless Seun for creating this website and Many thanks to Oga feelamong for Opening my eyez!

With all this 13%, 14% etc... And I've been keeping huge money in diamond bank HIDA account that only give 6% per annum.

Thank God I found this thread. Let me test run with ₦5M to see how it goes.

@All, which bank is better between Diamond bank and gtbank? Cos I have savings accounts with both banks.

If i will advice very objectively as per TBills go to FBN or IBTC

Yem0350:
Can anybody give us FBN MMF as at yesterday?

FBN as at 02 01 2019
13.14%
https://fbnquest.com/asset-management/fund-prices-and-performance/?nav=

Yem0350:
Pls, what is their current interest rate for money market ?

13.40% as at 31st Dec. 2018
https://fbnquest.com/asset-management/fund-prices-and-performance/?nav=

seyisanya:
I just logged on to my fbnquest account and was surprised to see that the current value of my portfolio was reversed to the initial invested amount. Consequently, total accumulated units have also been reversed to the principal units. Did you or anyone else experience the same?. This is not funny at all oooo

Bros. be patient. they are updating data. usually within the first week of a new quarter they will update so that those who opt for reinvestment of their interest will be done while interest will be paid to those who opt for payment of interest at each quarter. don't worry yourself your investment is intact. However if after Friday of next week you have such issue send mail to ccu@fbnquestmb.com

lilsyd:
Hi guys please i am new at this investment thing...i have got 500k and i would like to put it in something that i can get something tangible on a monthly basis. Please what do you advise. Whats the percentage and how do i calculate tje interest with the petcentage given. Please forgive my ignorance. Na one day person dey sabi something. Thanks

When you say something tangible in investment it's relative, investment is all about risk. that is by the way, I advice you invest in one of the mutual funds and get returns in the range of 12 to 13% for now. However money market mutual funds in particular pay returns quarterly even though your interest is calculated daily.
send your email I will send you a link for Investment one account opening form. I'm with Investment one

piscesgem:
Some have copper coil, some aluminium... have been using mine since July without any issues whatsoever

Thanks

Good morning pls can you help me confirm if Senwei 1.8kva generator is copper coil or Aluminium? and how reliable it's. I tried checking online but couldn't get it.

Michael820:
hello,
I concurrently have all my investment in Stanbic Money market fund, but I want to move some them to Equity fund for better interest rate cause I am of the opinion that Equity should give more interest, is this true??

And I would really appreciate anyone who has invested in this fund before to give me insight on the average daily interest.

Thanks

If you don't have stong heart stay away from equity or anything related to equity you can get your fingers burnt. I advice you stay with the MMF. when the coast is clear you can do equity directly on the floor of the exchange or invest in equity related fund. it's my opinion/advice.

jagadab:
so guys from what I have battered from this thread is it cool opening an account with stanbic or Axa mansard cos am still deciding
please I need an honest advise from experienced investors
thanks

Go with Stanbic it's their core biz.

Gavrelino123:
How did you open yours....what are the requirements and procedures..?
How long does it take.?

As I said earlier, if you have a GTB current account and you do internet banking you can open a dom account right at your desk. No other requirement.For me I don't think it was up to 15mins. you can even chat with them online and follow the instruction. just click on open additional account and then specify the type of account e.g dom or savings etc you are done. your account number will be sent to you. When you login again you will see the account dollar account as one of your accounts.

Adegokenath:
pls one more question if i have a saving account and domicilary account @ Gtb how do i convert to dollar from my saving acc. To domicilary acc.

You will need to visit a branch of GTB for that because issue of dollar and conversion are highly regulated financial transactions. Commercial bank are always very careful and mindful of CBN.

Gavrelino123:
Bro,what are the processes of opening a domiciliary account..?
Do they pay any interest.?

Simple especially with GTB. If you already have a current account with GTB, you are profiled for internet banking, you can open a dom account right at your desk. Login to your account online click additional account and choose the type, that is all. you don't even need cash. However you have to fund it before 6 months otherwise it will be dormant. From what I was told when I did same, no interest cos by default your dom account is current according to the - GTB. Hope this help

Robe:
House I hail
Please any investment house on the mainland
Or better how do I open one soonest
I stay around ikeja
I will appreciate the advice

Try Investment one at Maryland after conoil

locodemy:
Una don find out who the buyer of 11.2 B units is?
Nairametrics said the person or group is under the control of Uncle T.
Uncle T contols about 47% of Transcorp total shares.
If 27.5% is removed from 47%,the balance now is 18.5%.
Cant you see that uncle T is no longer a majority holder.

pls make una save Loco from this calamity befalling him...........

If anyone is interested for a crossdeal 5m units at 1.35,pls inform me but before I will do that,
JUST NEED TO KNOW WHO THE BUYER IS........BIKONU........EJOOOOO........PLS O.

Sale explained

Nairametrics now understands that the block deal was an internal transfer of shares between core shareholders of Transcorp which combined, hold over 47% of the equity of the company.

Mr Tony Elumelu directly or indirectly owns about 47% of this shares, 17.9 million units in total.

The deal we understand was between Heirs Holding, the investing vehicle used by Mr Elumelu, and an undisclosed entity within the group.

According to the source, the shares was moved from the portfolio of Heirs Holding to another entity within the control of Mr Elumelu, in a move regarded as “strategic re-balancing of their portfolio”. It is unclear why this was necessary.

Stanbic IBTC N43.00 not N33.00. I guess it was a sleep of hand from you.

valacious:
Yet to get my own dangote sugar alert o...what do we do, I registered for e-dividend last week?

If you register after the closure date of 11th Aug, the mandate will take effect from final dividend and beyond. for this interim you will still get the warrant posted to your address.

Kingchuks:
Somebody should kindly assist me with Morgan Capital digits. The one I have -08107596134 is not getting through. Thanks in advance!

Mike 08132713068

bigtt76:
You're welcome. I don't know if their charges are 1% of your total transaction cost plus other statutory charges for CSCS, Stamp Duty etc. I hope this helps? How much does Morgan Capital Charges? I choose ARM because they seem more established in other areas outside stock brokerage.

Stockbroking firms are like humans non is perfect. You can have 75% or more performance from some of them. As par charges I still prefer Morgan. but if you are not a trader u can use Investment-one. They also have online platform with 1K one-off payment for the service.

kolaish:
Please, can someone (Morganites in the house) give me MORGAN CAPITAL GROUP e-mail address or phone no beside the ones I listed below;

teniolak@morgancapitalgroup.com
oluchie@morgancapitalgroup.com
customercare@morgancapitalgroup.com
mayowaa@morgancapitalgroup.com

08107596134
08160106231

I have sent mails on countless occasions to the above address but it keeps bouncing back, while calls to the nos above are not picked.

Same experience here. You can call Oluchi 08097016905.

shophut:
My greetings to all.

Pls i need someone who can put me through on registering for a CSCS account, link me up with a stock broker / registrar that will manage my investment in stocks. Thanks.

Send a mail to emmaowes@yahoo.com and we can take it up from there.
I am sure your request will be resolved.

janykute:
I still haven't received mine.

I have the same experience. I already sent mail to their registrars this morning and no reply as at this moment.

shigidi:
Hello all. Please what is the closure date for gtbank dividend

closure date ​​29th March 2017. That means qualification date is 28th March 2017

emmanuelewumi:
Please when and where will the AGM of United Capital take place?

Ucap AGM
DATE: 17TH MARCH 2017
VENUE: EKO HOTEL VI
TIME: 10AM

OBAGADAFFI:
Don't know yet.

According to DMO the rate will be announced at commencement ie Monday 13 03 2017

Tritri:
UCAP 3.39...even with the good result.

The good result was factored into the price before it was released hence the crash because traders are taking their profit and not waiting for the 50k dividend. don't worry once you see ucap going down it's an opportunity to enter and wait for the Q1 which is sure going to be good.
any day anytime ucap is a stock to have in your portfolio except their books begin to say otherwise. but for it's CARRY GO

PETERiCHY:
Well all I have to say is "If you can get a buyer sell your holdings now and thank me later. PERIOD!

You guys seem to get this FCMB scenario wrong as far as I am concern nothing has changed. FCMB you know is a family business. Ladi just leaving the bank because of corporate governance issue. He can’t be there for more than 10yrs. Remember Tony, Jim and Aig. So it’s just like leaving the bedroom to the sitting room in the same apartment. Remember Otudeko left FBN as bank and he’s the chairman FBN holdings. Whether he is in the bank as MD/CEO or the Holdings as MD/CEO nothing has changed fundamentally or otherwise.

PharmAlfred:
Morgan down!!!! Anybody having same issue?

Yes Morgan is down.
their commission is low but cost as a result their inefficiency is high!

slick708:
Evening house... Please can anyone recommend a very good and reliable stock broker in lagos or PH? I'd like to invest in stocks. Many thanks

I recommend CSL stockbrokers or Investment One.
you can go to their website download the acct opening form complete it and scan back to them with the necessary documentsyou don;t need to be in their office physically.

exclusiveoloori:
Pls I lost my access bank share certificate, and I consulted a broker in a bid to get another one. I was given a form to fill by the stock broking firm months ago for it to be re-issued by United Securities but the form was sent back that my signature didn't tally with the one I signed initially when I bought it in the open market. Now the prob. Is that I bought it almost 10yrs ago, and I honestly can remember what I signed. And I was told that without that they cant issue another certificate. I thought of selling part of it to use for the festive period but it isn't possible any longer.

Pls house, what do I do? What's the way forward ?

In the first place you don't need the physical certificate any more, ask the registrar through the form from your broker to credit your cscs account with the number of units. meanwhile you need to visit the registrar to sort out your signature issue. you could be guided to sign what you have on their system, otherwise you will have to obtain signature confirmation from your bank.