₦airaland Forum

Emoreni:
What is OMO ?

harrykewell:
Yes, you can absolutely withdraw just the interest. In fact, your interest is paid upfront and is available for immediate withdrawal. However, please note that if you decide to touch the capital before the maturity date, a penalty equal to 35% of the interest amount will be deducted from your principal

harrykewell:
es, there is a penalty on the interest already earned if you liquidate before the agreed maturity date

nickae:
Hello boss, you didn't specify the penalty if for some reason one needs to access the funds before the maturity date since the interest has already been paid upfront. Cos like u are aware MMF is very flexible in this area. You can at any time add/withdraw funds(penalty is on the interest).

harrykewell:
The ₦2m NDIC limit is a fact, and more investors need to scrutinize financials exactly like you are doing.
I work with Baobab, and I highly encourage you to do your independent research. Here are a few quick facts to help:
1. Institutional Strength: Baobab is part of a global group. Our annual reports are fully public online, and we are audited by Big Four firms. You can easily inspect our balance sheet and interest expenses yourself.
2. Test the Waters: You dont have to lock your fund for a whole year. Jollof+ allows flexible tenors. you can test our liquidity and payout speed with a 1-month or 3-month fix first to minimize risk.
3. Open Invitation: I am completely available to answer any tough questions or provide data. If you are in Lagos, we can even meet in person at our Head Office on Ikorodu Road to walk through everything or call me or chat zero eight one four eight four six five two four seven
Take your time to do your findings, and let me know if you need any clarification!

CSblackpink:
Is there anyone here using FirstAsset Management? I initiated an MMF withdrawal last Wednesday, received an acknowledgment email shortly after, but I still haven't seen a single cent credited to my account. I'm considering filing a report against them with the SEC.

bassdow:
this their disruptive updates don dey too dey frequent Ooo

Iamblessed8888:
Stanbic on 17% 😲😲😲😲. The OG is back in play

Preator:
Wonder what stanbic yield will be after this adjustment

CSblackpink:
MMF rate to see yakubu soon.

Batman2412:
Prime pro, not prime by trustbanc oh

Hemarnuael1:
Please who knows trustbanc investment app. I've been on their investment through cowrywise app but top up for my investment on trustbanc has been stopped on cowrywise. Would like to know if they have their own app.

Bluearrow:
Their rate usually fluctuate between 18% to 20%

Bluearrow:
Exactly
Anyone that use first ally will find it hard to use other fund managers. I only use other fund managers for equity, but for mmf, it must be first ally, they are miles ahead.

amili66:
I received an email stating they are processing it. first tie withdrawing, I clicked on sell, as I see no option for withdrawal.

Hope am good?

Thank you for your reply.

amili66:
Stanbic

amili66:
Pls how long does it take to get your funds when you successfully withdraw from blunest? The withdrawal process is too cumbersome.

amili66:
Hi Guys, is this with me only or everyone, I dont get my otp via email and if it comes, it takes hours no even no. Only via phone and I dont have my phone always. It's been a hassle trying to withdraw. I need to get my funds ready against september 14.

doggedfighter:
What's happening September 14th ?