₦airaland Forum

Yes, its the Cowrywise Investment Portfolio

blessedchild234:
good afternoon pls what package is these in the cowrywise program is this as I am running mutual funds there but I am interested in these also thanks.

Its still mutual funds, just check the daily logs or performance, you will see these reports

FRANKLYex:
The is the reality with ARM now.

Cowrywise is doing better

FRANKLYex:
The is the reality with ARM now.

Some dates are missing from what I see

Crossblueart:
Same with the app. It says unable to process login, try again later.
It's been like this for over 2 weeks.

I have not tried the web for sometime now, but for the app, on my ends, it opens and i check it everyday, even now.

Crossblueart:
I keep getting this error whenever I try to log into blunest.

Network issues from their side, use the app

Mixology:
I’m so happy guys.
Finally made my mmf 12m. Started investing late last year. At least 200k is guaranteed monthly from August. 1m by December without lifting a finger.
Thank You Jesus.

Congratulations 🎊

2011HajjWeber:
Has anyone logged into the online platform for the new user? Struggling to log in here .Kindly take us through the process.

Yes, was hassle free.

Getting started is simple:
Visit th portal url.
Select "Online Access" to begin registration.
Choose the "Customer ID" option.
Enter your Customer ID.
Input the email address registered on your account.
Click "Submit."
Your Login ID and default password will be sent to your email shortly.

Login with the default password and then you can change it.

chiefolododo:
I do not think it makes any difference it is also the equivalent in dollar

There is a big difference, sourcing for USD comes with its own risk. I remember the number of times I got USD from BDC that were rejected by the bank. If the BDC weren't my regular customers na stories for end am.
Its far better you have the naira and pay from your account.

Finally, first Asset management online platform is now available for new users.

Who is the US owing sef?

jejet1:
I paid to my personal virtual wallet account provided by stanbic in the blunest. It was after the money reflected in my wallet account that I made the subscriptions. So the subscription was paid from the wallet.

This is an internal issue in BluNest since the money was already in your wallet.
You can call them directly as someone suggested.

laurelbae:
Goodevening everyone

I finally opened a mutual fund account today at stanbic ( asset management).
I was asked to pay into UBA account, pls is it the right channel?

Yes, that should be your personalized virtual account, the account name should bear your own name.

dauntless15:
Guys how can I monitor stocks, is there any app I can use

Try Bamboo App

The Kate Henshaw i saw during channels TV live interview is way older than this.

omotola224:
Hi everyone, I don’t have a first bank account or stanbic account
Is there an app I can start mutual funds with
I will really like to get started
Thank you

You might not neccessarily need to visit the bank branch, simple download the Stanbic IBTC mobile 3.0 app, click on BluNest and then 'create instant account' or visit https://blunest.stanbicibtcassetmanagement.com/ and click on 'SignUp for Free'. You don't need to have any account in stanbic, you can use any other bank account you have.

Section 6 of the **Flags and Coats of Arms Act, Cap. F30, Laws of the Federation of Nigeria, 2004** regulates the use of the National Flag, the National Coat of Arms, and certain other flags or emblems in specific contexts. The section is as follows:

**Section 6:**
Any person who, otherwise than in conformity with the terms of a licence granted by the Minister or under other lawful authority, uses or displays—
(a) in connection with the carrying on of any business, trade, profession, or calling; or
(b) in connection with the activities of any body of persons, whether corporate or unincorporate,
the National Flag, the National Coat of Arms, or the Coat of Arms of royalty as Head of the Commonwealth, or any flag or arms so closely resembling that flag or either of those coats of arms that they might reasonably be taken to be that flag or coat of arms, shall be guilty of an offence against this Act.

### Explanation:
- **Prohibited Uses**: This section prohibits the unauthorized use or display of the National Flag or National Coat of Arms (or similar symbols) in connection with commercial activities (e.g., business, trade, profession) or activities of any organization (corporate or unincorporated) unless a license is granted by the Minister or there is other lawful authority.
- **Offence**: Unauthorized use or display constitutes an offence under the Act.
- **Purpose**: The provision aims to protect the sanctity and dignity of national symbols, ensuring they are not misused for deceptive or inappropriate purposes, such as misleading others into believing an activity is endorsed by the Federal Government.

### Context and Enforcement:
- The Act does not criminalize artistic or symbolic uses of the flag (e.g., in clothing or protests) unless it violates the specific conditions outlined, such as being used in a defaced or bad condition (Section 7) or in a manner that deceives or misleads (Section 6).[](https://www.thecable.ng/did-bovis-endsars-outfit-violate-the-national-flag-act/)
- Penalties for violations are outlined in other sections of the Act, and enforcement may involve seizure of offending flags by police (Section .[](https://www.wipo.int/wipolex/fr/legislation/details/9377)
- There have been legislative efforts to amend the Act to increase penalties for misuse or abuse of the National Flag, as seen in bills discussed in 2017 and 2024, though these amendments have not been passed into law.[](https://blueprint.ng/reps-move-to-increase-penalty-for-misuse-abuse-of-nigerias-flag/)[](https://www.nassnig.org/news/item/483)

For further details or specific applications, you may refer to the full text of the **Flags and Coats of Arms Act, Cap. F30, Laws of the Federation of Nigeria, 2004** available through official legal resources like placng.org.[](http://lawsofnigeria.placng.org/view2.php?sn=188)

In the face of a man’s death, a Christian never rejoices, but reflects on the serious responsibilities of each person before God and before men, and hopes and works so that every event may be the occasion for the further growth of peace and not of hatred.

BuchyD:
Any one here subscribed to the ARM MMF on palmpay?.

I just wanna know if I'm on the safer side or I should register directly with the ARM MMF app

I sincerely think you should do it on the ARM MMF app directly

Hatrick123:
Please house how long does it take for withdrawal made in from stanbic mutual fund account to be received.Its been two days now.

I think the public holiday today must have affected it, so u will get it tomorrow

Fix your phones in accredited manufacturer repair shops to avoid these kind of stories.

Peterpan222:
Baba a quick one eh, this Dedicated Stanbic IBTC account eh. Can I use it as my personal bank account and give it out to people as my Stanbic account?

Sure, but then all the monies paid goes to your wallet, which of course you can withdraw

destinychildolu:
The president has his private life to live
Not all his movements must be disclosed
What about if he wants to spend a week with a side chick, will it be announced

President Bola Tinubu should not have a private life as the no 1 citizen of a country

TinaJoe:
How do I check money market rate? The stanbic app am using doesn't show rate

Try the Stanbic IBTC Mobile v3

On their latest app. You would see BluNest. You can use that to view your mutual funds rate under self service

0ubenji:
you are in the spirit. I just got off a call with my contact there, and he told me there were issues with the launch. It will be completed next Wednesday, but just for the website portal. The mobile app fix for new users will come much later. Once the stuff is launched for the web portal, new users will be able to log in and track their investments.

The main issue is that new users have alphanumeric logins, and the existing system does not support that, which explains why newbies can't have access until that fix is live. I will keep you posted.

Nice, thanks boss.

0ubenji:
As nickae already said, it's a market issue, nothing to do with Cowrywise. In fact, they are the only ones offering 22% at the moment. The rest are doing 20-21% mostly. It can get to 10% even. They never promised it would stay above any percentage. You are the one setting some expectations for yourself.

What you are seeing is what the market is giving, not Cowrywise. By the way, the screenshot redaction was unnecessary; the mathematics is simple. Given your APR and the daily interest, it's pretty easy to figure out that your capital is about 9.5 million.

Hello @0ubenji, do you know if FBNQuest is now accessible to new users, I tried but still not working.

FRANKLYex:
I beg oo, just singed up on the cowryswise yesterday. Please don't hesitate to share any observation you make here as per you having been with them for some times. But the variation up there shouldn't cause for alarm shaa

Its not a cowrywise issue, its general, the interest rate fluctuates, can go higher or lower, so its normal.

cucumbar:
can I open a second account with Stanbic mutual funds?

Yeah

I think so far you are good. You won't be given an e-account until you upgrade to premium.
Next step should be to upgrade to premium so you can have all the benefits.

Youngzedd:
It takes Stanbic IBTC forever to compound interest.

Till now they haven't added last month interest to the principal.

This is something FBNQuest did on the 1st day of the month.

Stanbic IBTC is cheating us.

Mine has been added.

tempest12:
I have been enjoying cowrywise cos even during weekends and public holiday, I can make withdrawal. Though it takes exactly 25hours to get credited after initiating withdrawal.
It takes less than one minute to credit the MMF account at anytime including weekends. Their interest rate is usually 22percent for several months now.
Have done countless transactions in their app. Very smooth.

My leg dey shake for cowrywise since they are just fintech, but now that they want to get into stock trading, I don believe them