₦airaland Forum

DEROX:
olise effect

Was Oliseh not part of those that played Arsenal last season? He and Joshua Kimmich both in form played that game at the Emirates and didn't win.

So what's the fuss about Oliseh not playing? What of Saka that got injured?

Nemesis0147:
Twitter and their stories….which part of Nigeria do riders remit 35k every week?
They won’t eat?
Pay bills or maintain the bike?

What are you even saying. 35K a week is either 5k or 6k daily depending on whether it's structured in 7 days straight or 6days on and 1 day off.

Do you know how much a new motorcycle cost now and how expensive it is to enter Okada now? I am not saying the story is either true or false but 35k weekly is very feasible.

Adidas Vs Nike

Toyota Vs Honda

I wish it was only that certificate that made him literate even though he just acted way more than what an illiterate would do.

How about the exposures and what he had learnt? Will he erase them too?

DSuperiorBrand:
So, are you saying that the FD rates is better than NTB yields?

The Koko is for everyone to know their risk appetite ooo. In fact Commercial Papers are still within the range of 18% but one needs to have the required minimum and have a huge risk appetite.

Similarly, with Fxed Deposit need a substantial sum to be able to negotiate a higher rate that the general average one. Also, the firms that give higher rate than the general average are mostly microfinance banks.

Oluseun234:
Pls I want someone who has been using Stanbic Mutual Funds to date to answer this for me: I was advised to open Stanbic Mutual Funds in my city of residence. I went to their regional branch and was asked to see a lady they claim handles mutual funds, regular savings and fixed deposits. This is my first time with them so I opened a regular savings but I'm told that mutual funds rates are not stable and may crash to the point that I may find the net return undesirable so I should go for fixed deposit for 6months or more. I was confused but they said mutual funds is not stable as I assumed. I chose 6 months which is 13.5% and said this was non-negotiable. But I have not deposited any amount in my regular savings for them to move the money into fixed deposit because I don't have an online app to do this but I have filled the form for fixed deposits and will activate once I deposit 4M into my Regular account. Then I was told that to deactivate both fixed and mutual funds, I still have to come to their branch to do so in person due to fraud concerns. Well, that is not an issue so far one's money is secured but pls what do you all have to say regarding the mutual funds Yield vs Stanbic Fixed Deposit. Thanks.

There are some misinformation from the bank staff here.

Firstly, it's not a must to open a savings account with the bank in order to open a mutual fund with them but it's advisable because it ensure faster and smoother transaction with them most times.

Secondly, most often than not the interest of the Mutual Funds is higher than that of the Fixed Deposit at any given time even in that same bank nomatter how it fluctuates. For a while Stanbic MMF has hovered around 15% which is better than the 13.5% you are given for the Fixed Deposit. Yes, mutual funds rates fluctuates and Fixed Deposit once locked will remain so till the expiration/maturity of the investment tenure, I personally will still choose MMF over Fixed Deposit because of it's flexibility. You can withdraw or deposit more mutual funds without writing new contract every now and then.

Like I always say, the core bank staff are usually on target and pressure to deliver more customers and as such will go to any lent to attract customers for their own growth and incentives.

It's just that Stanbic are not very responsive these days and may delay opening the the mutual fund account. If not once you have an android phone and soft copy of your valid ID, passport, proof of address and the general KYC docs required; you can just download the Stanbic BLUENEST App on your phone and try to set it up from there is not proper Stanbic IBTC Asset Management Office in your location. If you encounter any issues you can either call or mail them and then they can direct to any bank branch. That way they will no longer be able to do anything again other than to assist you.

just2endowed:
F
How can one buy OMO bills at the secondary market

You fit contact your bank. In First Bank I was told it is a particular branch (Maitama Branch by MTN) that handles for this side wey I dey.


I was seeing in on my Standard Chartered bank app investment page but these days I can't finalise any investments deal there again. I don't know why and efforts to rectify it didn't yield any result maybe na because they don't dey concentrate on affluent banking now and my own money still small.


Trying to do on Stanbic IBTC Mobile App will be a waste of time and data from personal experience gone through with TB there. However, after voicing out my frustrations to them via mail, a customer service agent called and told me one day that whenever I see any such advert on my Blunest App I should subscribe it through the web page instead. I tried it once and it went. Their minimum there is 500k for TB, OMO and CP when available.

The beauty of this thread right from Inception is creating the atmosphere for people to bare their minds as we all continue our investment journeys. Some people sometimes will be discontented with the services they receive and will voice out. Some it's something simple that needs explanation and once they get it they will calm down. Others will not calm down till they learn with time.

However, coming out en mass to attack the opinion of someone that was not pleased with a particular service is inimical not only to that person but even to the thread.


I use UCap, First Edge and Stanbic IBTC. I have had the cause to complain about them bitterly around here. That's because I believe I could learn from other people experience. If not I am already matured in the game and know how to get to them directly but still no one is an island.

It's a common knowledge that withdrawal and deposits with Stanbic after 12:00pm on working days is most likely going to be treated the next day and on weekends and public holidays will be treated the next working but people still do otherwise and come here every now and then to complain about it and several other things.

So what's the fuss about someone complaining that he couldn't get instant withdrawal after explaining to him that it was already past working hours when he applied yesterday and today is public holiday. It should have stopped at that and not questioning his right to complain even when it's clearly that he isn't used to their pattern yet. Abeg make we dey allow people express themselves.

unite4real:
i wished i have a solution to this but me having Morgan capital makes it important for me to use them for the IPO rather than using a banking app.

Those banking apps is best suited for people without CSCS. During the process of application, a cscs will be created for them. Even though they may not be able to use it until they follow up with the brokers they chose so they can complete their KYC properly.

For you that already have a cscs, it's best to have separated your approach from the way the newbies are going about it

Morgan Capital made it harder for their customers than even all these banks. I was going to use them because they are my broker but when I got a message on how to subscribe through and discovered that it was tedious and more like opening a new account I had a rethink. To start submitting KYC document and co afresh simply because of IPO there was no sign that there weren't going to open a new CSCS account and I don't want that.


So, I opted to use First Bank instead and it was smooth. There is is column created separately for those who already have CSCS/CHN. I just used that and all I had to provide was the 2 and my BVN.

bdon123:
He wont tell u d truth na...bt m surprised he gave up trying[b] if truly he is d father of those 3 girls.if it was me i for msrry more wives or giv belles[/b]

See talk ooo. Girls wey be like say him vomit them.

KarlTom:
Still expecting mine

Same here. I don't know why it's delaying.

Wordson:
we shall see... Na this coming weekend show go start.. If I no beat u once or twice, make dem sack Iraola

The problem with Areola is that right from the Spanish league he strive to big games but eventually he will loose more small games that the other big clubs.

MadmaxX489:
OMO bills now open to retail investors. That’s a game changer. Start bidding via your banks.
Higher interest rate compared to treasury bills.

Yes ooo. That year we flex am ooo.

lovediehatelive:
Here we go, network on allowed me to reach 25 characters needed

This one na cashew fruit na. It perish very fast so when it's the season where its available, they will want to sell it very fast. If you dey where the plantation dey very well na free sef. It's the nuts that's durable, more value and expensive.

Risingcash94:
Pls do you know the minimum amount stanbic bank accepts for primary market?
Also does one need to have an account with them

It's been a while I have done TB with a them. Back then it was N100,000 but I am not sure if it is still the same because the minimum I see now on their Blunest App is N500,000 though that is secondary market.

Yes you need to have an account with them before investing in TB through them. The money you wish to invest is usually taken from your account with them.

vanvickie:
Good morning fellow investors. Please I need your input on this...

I'm based in diaspora, however, I've been investing on tbills and stanbic mmf.

Recently I noticed that the rates of stanbic mmf is kinda low, hence I want to move my funds to another mmf that has a higher yield, from what I've read in this page I can see that FIRST ALLY, TRUSTBLANC AND STL seem to be good. However, I'll like to confirm which of them will be suitable for sm1 in diaspora in terms of customer service (like response/replies to emails, calls etc), easy of withdrawal, ease of app usage, etc.

Secondly, how do I get a CSCS account as I am planning to invest in Dangote IPO (is the hype really worth investing in it) and probably diversify my portfolio.

Lastly, let's say hypothetically, I have 100m. How would you advise I share the funds if I am investing in Tbills, MMF, Bonds, Dangote IPO. Or if u had that amount what percentage will you use to invest in the aforementioned.

While I have some knowledge about all these from my little experience and online research, I'll love to hear from real life investors who are already in the game and those with vast experience.

Thank you.

Personally, I can't advice you on the MMF to move to because I am more comfortable with the older guys even though Stanbic and FBNEdge are misbehaving these days. I use UCap too. I like to use all these 3 because of ease of deposit, withdrawal and I know how to follow them gradually to treat my complaints. So let the other guys in those area recommend when they come.

For opening of CSCS account, It's easy just look for any stock broker that has online access that you can open account with them online. Like cardinalstones, chapel hills Denham, Morgan capital group etc and you will be fine.

theoilguy:
Does anyone know if Stanbic IBTC allows participation in the primary market? Gtbank only allows account holders purchase treasury bills from the secondary market.

I would appreciate any clarification.

Yes they do. Just make sure you go to them at latest 2 days before auction.

Babygal2020:
Maybe na sarcasm shaa.

Na wetin I been first think.

doggedfighter:
He's blind to the 37#. It's the 10k that's his concern.

Hahaha
Ogbonge investor !😁

Na so money matter dey be sometimes ooo.

Chydon888:
Ok... thanks. Actually, that's what I saw in opay app for fixed saving Interest. I was thinking if one invest with N500,000, at the end of every 7 days(one week) one will receive N10,000😀😀

Nothing is wrong with what you saw on opay. It's just you that doesn't understand how it works. Even if you are to invest the N500,000 at that rate for 7 days, you won't get more than N2,110.

Chydon888:
Good afternoon Bosses in the House.

Please, I need clarity on this. How true is it? I just stumbled on this now. The N10,000, is it weekly interest or ones the week runs out nothing more again?👇👇👇

Let me believe you are not joking so that I can explain to you.

What I see there on that screenshot is that you should invest N10,000 @ 22% annual rate for 7 days and get N37.97 interest. Meaning when you invest N10,000 in it after 7 days you will get additional N37.79 making the total money you will get at the end N10,037.97.

astuto:
Why is Blunest no longer showing Treasury Bills?

Even the 332 day has disappeared.

What's happening?

That has probably been exhausted. They just sent me a notification for new one this morning. Find the details attached.

Sirchiboy:
I’ll be turning 45 in October, and I’m not ashamed to admit that….

1. I can’t drive.
2. I don’t have a car.
3. I’ve been single for years.
4. I’ve never been on a plane.
5. I don’t have an international passport.
6. I run a business, but I still struggle financially.
7. I’m still scared of marriage and commitment.
8. I’m not a “baddie” (I tried, but it isn’t me).
9. I still battle with my weight and body image.
10. I love staying indoors and enjoy my own company.
11. People have judged me before they got to know me.
12. I’ve been on my own since I was young, and life has taught me hard lessons.
13. I’ve never been to a club.
14. I’ve never drank alcohol.
15. I’m so scared of relationships that I walk away as soon as I see serious red flags.
16. I’ve struggled with depression, anxiety, and self doubt.
17. I’ve cried myself to sleep more times than I can count.
18. My immune system isn’t the strongest.
19. I cry easily, especially when I’m overwhelmed or frustrated.
20. My English isn’t perfect, but I keep learning every day.
21. I’ve lost my hope, and life has never been the same.
22. I take care of my mother as much as I can.
23. My business has crashed before, and I got into millions of naira in debt. I’m still fighting my way out.
24. I’ve been betrayed by people I genuinely trusted.
25. Since my last relationship, I’ve never really been someone’s priority. I always seem to attract emotionally unavailable men or men who are already committed. I RUN.
26. I questioned myself more times than I’d like to admit.
27. I pray more than most people know.
28. I’m in my final year at the university, and I’m proud I didn’t give up.
29. I started my business with very little and kept pushing despite setbacks.
30. I don’t own my dream house yet.
31. I don’t have everything I want yet.
32. I still dream of owning my walk in store.
33. I still have dreams that keep me awake at night.
34. I choose peace over relationships that cost me my self worth.
35. I’m learning to love myself, even on the difficult days.
36. I'm broke, discouraged, exhausted, and heartbroken, but I never stopped trying.
37. I’ve survived seasons I never thought I’d make it through.
38. My journey has been messy, but it has made me stronger.
39. I know my story isn’t over.
40. I recently told God that the best gift He will give me now is the gift of REST. I mean the kind my father is having right now.
41. So im currently working waiting to pay my debts off so I can cross.
42. That might actually be the end of my story but for now im still here so I write as much as I can.

At 45, my life may not look the way I imagined it would, but I’m still here. Still fighting. Still building. Still healing. Still believing. Still growing. Still trusting God. And for that, I’ll always be grateful.

Wow...! This is good. Taking stock and account of your life. That way you will see where you fall short and where you doing good.


First and the most important of all is that you are alive, hale and hearty.

The second is that you know there is God deep down in you taking charge of your affairs.

Thirdly, you have a business doing and about you are to ramp up your Bachelor's.

You have where to stay even though it's not your desired place.

You feed and and also take of your mum according to your strength.

All these are plusses.

I can also count enjoying your own company, not going to club and drinking alcohol as pluses for you too. Not everyone that does the opposites enjoys them. Some always overdo them and turn out useless from those. You are also paying off your debts which is another plus.

That said, humans are social beings and essentially wired to connect so it's important to try and reconnect in a way or another. Yes, you might get disappointed or betrayed sometimes. It's part of human relations, just try and develop the mindset of taking everything as it comes when it has to do with relationships. Be open minded but have some reservations. Trust but verify before giving in. Forgive where it's minor and forgiveable to your. Move from where it's major and you can't pretend about it.

In all, I see more positives. So you have to celebrate yourself for where you are today while hoping for more better days.

I dedicate: Ingarose - Celebrate Me
Below for your listening pleasure.


https://www.youtube.com/watch?v=QKb2T2haC58?si=-vYvFM7rj6egTmhM

UncleJudax:
For Stanbic, barring any technical issues, you can via BlueNest. For example, at the moment, they have an offer for 332 days.

Let him/her try and see. The technical issues with Blunest in that aspect can be very strong sometimes. About a month ago, I transferred money to my Stanbic Blunest wallet for a TB advert I got from them via mail. After sending money to them, I tried to invest for about 10 days or so that it was available to no avail. Every time I try, after completing the process I will be told that it seems the network is bad from their side that I should try again and I will do that to no avail then I got tired and removed my funds. The next day I removed it, I got the attached message.


He/she can also send them a mail so long as he/she operate an account with both of them, letting them know that he is in a location where there is no branch right now (Not necessarily telling them the exact location) but what to invest. They will reply him on what to do.

He is lucky. I made a similar mistake and couldn't retrieve all my money back. Airtel told me twice that the number I mistakenly sent the data to was owing them, thus the debt was automatically deducted from my money and balance was sent to me even when it was data I bought and my request was for them to redirect the data to my number.

zanebaddo:
Guys please, I don’t know where to post this.


I’ve been having issues opening a CSCS account with Stanbic IBTC Stockbrokers for the past three months. As someone living outside Nigeria, I’ve provided every document and piece of information they requested, yet the process is still not complete despite countless email exchanges.
Last month, I was encouraged to subscribe for a bond, with the assurance that I didn’t need the CSCS account immediately and that it would be provided afterward. I went ahead with the subscription based on that advice. However, since then, I haven’t received any update or confirmation regarding either the bond subscription or my CSCS account.
I followed up again recently because another subscription window is now open. They assured me everything would be finalized this week, but today is Saturday and there’s still no progress or communication.
At this point, I’m not sure what to do. Has anyone experienced something similar? Will the bond I subscribed for still be allotted to me even though my CSCS account hasn’t been opened yet? If it is allotted, how would that work without a CSCS account? I’d appreciate any advice or insights.

Again, which other broker works best for someone outside Nigeria

First of all, Stanbic has been behaving like they do not need customers again for more than 4 years now. Some of us are only dealing with them for old time sake. Their focus is only on advertising and bringing new customers without taking care or settling them in as required.

You are abroad and complaining for just 3 months neglect. I am in Nigeria and tried to contact them about 6 years ago for opening a stock trading account which is what comes with the CSCS account. My mails were replied after about 9 months. I couldn't do it.

Yes, with Stanbic IBTC you can actually invest in FGN Bond even without CSCS account, the bond subscribed for can be alloted to you even without the account but the only issue is that it will be warehoused in their own CSCS Instead of yours. To sure it was actually purchased on your behalf, You should always make sure you request for proof of the investment. It can always be sent through email.

Finally, any broker that has only access can work outside Nigeria so long as you have internet access and login details. The issue is having one that deals in bond since that's your area of focus. I use Morgan capital securities limited but they don't deal in Bonds. Apart from security/shares they deal in Treasury Bills and Sukuk but not FGB.

You can contact Afrinvest, UCap, DLM, Cardinal Stones etc and see.

miniziter:
This dove bird come every morning pecking on my window.


https://www.youtube.com/watch?v=5zQEtYFuu_M

Nothing. Your window is reflective and the dove is seeing itself there thinking it's another dove.

kalu61:
This Blue Nest App 3.0 is giving joy. I just funded my wallet and within 5mins, my wallet was funded.

no wahala it depends on what you want to do with it ooo. I sent money there and tried to get the TB advertised on it for more than 1 week but couldn't all the app did was to allow me go through the process and at the final stage it will tell me there seems to be an issue from us, do you exist to try again? I go press yes and we'll continue the process again. I did that for like 15 at different time with that 8 days or so to no avail. The day I wanted to pull out my funds, there was network issues so I could not even see the money on that dashboard for like 2 days.

Immediately I could see it, I pulled out the fund instantly. So, the moral of my story is that deposit and withdraw cound be swift and sweet but investing which is the main purpose is not as hitch-free as it used to.

cleverland:
Has anyone received sukuk bond 2027 coupon?

I thinks it's time to start sending complaints to the DMO, CBN and CSCS all together. Today is the issue 18th for coupon payment that matured on 16th, it should have been paid by now. Today is almost over and no sign that it will be paid.


If I wake up tomorrow and I don't see it, I will mail all of them.

cleverland:
Has anyone received sukuk bond 2027 coupon?

Not yet. Still waiting.

Is it true or that unity bank is paying off their shareholders?

Adadajiki909:
My Stanbic MMF account has being blocked, i have requested for password reset, no response in last 24hours. I do i navigate this problem

The reset is either done by yourself or you will cost a brach to get it done.

Go to their web portal not phone app and try to log in, then above the password column you will see reset password option, follow the prompts and reset it.

100naira:
Abeg Access don declare dividends for the year?

No, they didn't. So wait for maybe interim after H1 or full year 2026. That self is still not guaranteed.

Incredible128:
These are it's network specs according to gsmarena and following it, it possesses the network bands used by Nigerian networks save for bands 7 and 20 which I think some networks use; but it having band 3 covers for the 4g though as that's what's common; for the 5g, I'm not very sure but I think it'll work but I don't know the 5g bands Nigerian networks run on. But overall, I think the phone would connect to Nigerian networks. @freeman67

Thank you very much. What made me to consider accepting it was it's 16+6GB Ram and slightly higher battery capacity.

I just don't want to rely on my own tunnel vision on that and forget other sides.

Apart from the above 2 things, every other thing there that is not the same (Like Camera, Charger , capacity, languages the phone can operate with, Google Services, bloat wares etc) seem to favour the Global Version more.