₦airaland Forum

Iamblessed88:
Same thing intitial agro investors thought too 😄😄😁😂😂😂😀. Good luck😂

Ugmama:
Hello guys

What is the best advice for this man.

He has about some pounds to invest in something like mutual fund or treasure bill.

He wants to get 10m naira every year from this investment.

What’s the safe options for him?

For example investing 100m to get 10m yearly is not bad.

ogoo4real:
MMF Rates is really dropping drastically. Norrenberger @16.43% currently

emmasoft:
Download Stanbic app 3.0

milliondollarma:
Please how do one confirm the current rate on norrenberger app before going ahead to invest?.

xyrexzmanto:
Please eheeeen what is d current rate of nörrenberger money market fund

rukyboy:
How do you check pls.
.I'm unable to find where the percentage is stated on my dashboard

Nakedman:
Hello Enque, Do you use First bank asset management? If yes, what rating would you give them in terms of customer service?
I am about to open an account with them

Babygal2020:
Good morning my bosses.

Please how can I know First Asset Money Market rate?

Wanna port from Stanbic to First Asset?

emmasoft:
The cut-off time for Norrenberger MMF is now 3 pm on any business day.

It means that any deposit made before 3 pm will have the same-day value, and investors will earn interest on the same day.

tempest12:
Please where did you see this 19.07percent in the app.
Kindly explain how to navigate there

thebaft:
Is there another primary auction this week?

Nakedman:
Hello house, Is auction taking place this week?

talk2tonie:
I use United Capital and they only credit interest quarterly. Does stanbic credit interest monthly?

Chrisfaco:
Please i am new to MMF., can someone explain to me. I Invested 4,010,000 naira in Stanbic Money market fund on the 4th of Nov. I was getting an interest of about 1880 naira daily only for me to check the app now and realised that I was credit additional 49,000 as interest for the month. Is the 49,000 naira an error since I was getting interest daily already. I now have a total sum of 4,109,000 in my balance.

Omonigeriarere:
Safelock interest rate is at 16.5% for a year.

Omonigeriarere:
I am not sure whether piggyvest interest rate is up to 20%. Please double check.

Risingcash94:
Good morning great investors in the house.
Pls with your experiences which one of these following apps or asset managers would you recommend and why?
Pls I also need responses from users not only agents.
Big thanks 🙏

FBN QUEST
Myinvestar
Stanbic Ibtc asset management
Afrinvest
Norrenberger

Bless you all

emmasoft:
The last one was 5th Nov. So all things being equal the next will be 19th of Nov. Going by the usual fortnight structure.

Odunharry:
They cannot take 10% of your capital. What they will take is 10% of your interest amount that was paid out earlier

emmasoft:
Before the year runs out in 56 days
You can still make some money when you invest in

Norrenberger MMF - 18.56%
Norrenberger Dollar Fund- 9.24%
Stanbic MMF - 17.01%

To open an account and start investing, click the first and second links in my signature.

Let your money work hard to generate money for Detty December

Chikebrain:
Good day house, my account officer just reached me that they be deducting the 10% WHT on interest from my previous TB investment on maturity following the firs memo

This is rather unfair for previous investment

A305:
I would recommend Mutual fund with stocks. There are a few of them on cowrywise. They carry a bit of risk but stocks is where people are circulating money to now.

So when you buy Stocks mutual funds, you essentially buying something like Nigeria Index/ETF. I would recommend the Afrinvest Equity fund on cowrywise.

Be warned, it's risky, but if you have the patience and appetite for risk. Go for it.

If you are older than 40 Years, remain here with us so we keep tracking MMF rates together. Don't attempt to go invest in any risky instrument. Rates are dropping, fine and good, that money you want to go use to buy medium risk instrument, throw it into MMF and have peace of mind, access to liquidity and compound interest.