₦airaland Forum

LSKD:
I want to save some percentage of my monthly earnings for retirement so that I can live off it in years to come, what is the right mutual investment I should go for please?

I do see dollar saving mutual fund, what exactly is the difference between that of naira?

yak:
Good afternoon house...

Please, can anyone suggest the best Equity Fund for me?

Babygal2020:
Please who has received interest on his Stanbic IBTC mutual funds?

MicKaro:
I think they are having issues cos mine isn't showing at all

mojounited:
I'd like to know about this as well.

Emmasoft, please, what are your thoughts about Providus Bank CP? Interest rate was 20.25%, but how safe is this instrument?

Babygal2020:
Please who has received interest on his Stanbic IBTC mutual funds?

Babygal2020:
This is serious.

emmasoft:
There is no problem with Stanbic MMF. Interest has been credited. Even if you didn't see it yesterday because it wasn't posted, the value date remains as yesterday.

Let's be well guided.

emmasoft:
CPs are also considered low-risk investments; however, the entity issuing the CP is also very important, as it must have a good rating. The fact that Providus is even bigger now makes it more comfortable. Providus and Unity Bank just merged recently.

Kabawhat:
abegi should i be worried i made a mistake


On October 1, 2025, at approximately 4:00 PM, I initiated a transfer of 100,000 Naira. Unfortunately, during the transaction, I mistakenly used "C2500922" as the narration instead of my correct MMF account number, which is LMMF01****7001



Despite the transaction being successful from my end, the amount has not yet been reflected in my account.

IllRatherNotSay:
High yield investment is only available for premium customers under bloom. In other words, your funds must exceed 10 million and kept for 30 days to qualify to be a bloom premium customer.

omonikiba:
Hi everyone, I’ve been silently following this thread, and I’ve learned a lot, and even started investing myself.

Unfortunately, my account officer has been giving me a lot of trouble. I placed an order for T-bills back in January, but by May, I discovered the money was still sitting in my book balance. When I emailed her about it, she insisted the transaction was done. I asked for proof, and instead of providing it, she said she would cancel and redo it. At the time, I overlooked it because I was overwhelmed with other responsibilities.

Now I’ve asked her to release my money at no extra cost, but she’s defaulting again. I know that if I report to the CBN, I have a strong case - she has no reason to keep holding my funds since she already defaulted.

The irony is, I only recently realized I could have been investing from home myself. In fact, the savings I invested in August have already yielded a good return. I honestly wish I was around to walk into that branch and shout it down It's already 10 months, no good interest.

If she fails again tomorrow, I hope I am right to escalate it to the right quarters.

omonikiba:
Hi everyone, I’ve been silently following this thread, and I’ve learned a lot, and even started investing myself.

Unfortunately, my account officer has been giving me a lot of trouble. I placed an order for T-bills back in January, but by May, I discovered the money was still sitting in my book balance. When I emailed her about it, she insisted the transaction was done. I asked for proof, and instead of providing it, she said she would cancel and redo it. At the time, I overlooked it because I was overwhelmed with other responsibilities.

Now I’ve asked her to release my money at no extra cost, but she’s defaulting again. I know that if I report to the CBN, I have a strong case - she has no reason to keep holding my funds since she already defaulted.

The irony is, I only recently realized I could have been investing from home myself. In fact, the savings I invested in August have already yielded a good return. I honestly wish I was around to walk into that branch and shout it down It's already 10 months, no good interest.

If she fails again tomorrow, I hope I am right to escalate it to the right quarters.

omonikiba:
Hi everyone, I’ve been silently following this thread, and I’ve learned a lot, and even started investing myself.

Unfortunately, my account officer has been giving me a lot of trouble. I placed an order for T-bills back in January, but by May, I discovered the money was still sitting in my book balance. When I emailed her about it, she insisted the transaction was done. I asked for proof, and instead of providing it, she said she would cancel and redo it. At the time, I overlooked it because I was overwhelmed with other responsibilities.

Now I’ve asked her to release my money at no extra cost, but she’s defaulting again. I know that if I report to the CBN, I have a strong case - she has no reason to keep holding my funds since she already defaulted.

The irony is, I only recently realized I could have been investing from home myself. In fact, the savings I invested in August have already yielded a good return. I honestly wish I was around to walk into that branch and shout it down It's already 10 months, no good interest.

If she fails again tomorrow, I hope I am right to escalate it to the right quarters.

freeman67:
Sometimes relationship matters especially if you are used to calling to get things done over the phone especially because you are not available to do it yourself. However, if you don't consider that a serious issue, you may go ahead and mail her to register your displeasure/disappointment in her/the banks services. Be sure you are precise in your narration then copy all the email addresses of the bank you know and copy CBN too.

That way more people and probably superiors will be aware of the situation. She will also see that you are serious and ready to go out so she will will treat your request promptly.

Elui2:
Pls what does the auto invest in bluenest means ?

Does it means to automatically reinvest interests?

topicsbay:
Who else has gotten their yesterday's Stanbic IBTC Mutual funds interest? It chimed 12:00 a.m. today, the usual time the interest is reflected, but I didn't see any addition to my balance. Is this exclusive to me, or did you get yours?

FineUsername:
Meristem, ChapelHill (InvestNaija), Cowrywise.

1F30M4:
How does the second work?

emmasoft:
@Elui2, the auto invest is just a mandate you can set on your bank account that a certain amount from 5k or more be deducted from your bank account at a set date and invested into your MMF automatically.

All you need is to make sure there is cash in the mandated account. On the set date, you will receive a debit alert on your bank account and a credit alert on your MMF account.

The reinvest option is different. That is an option you pick to instruct the fund manager of what happens to your accrued interest.

Reinvest means your interest should be reinvested automatically back into your MMF otherwise the interest is paid to your bank account every quarter.

enemerci:
Please I am a beginner just created my account to the 57% mark where it says fund wallet. I commenced the fund wallet stage but I was surprised when it generated a stanbic ibtc account for me to use and fund my wallet. I thought it has to be a uba account.

Please does stanbic ibtc have a fake app because I downloaded this from play store and have imputed my ID and BVN.

Please someone should kindly clarify this. I doesn't allow me take a screenshot. i would have attached a screenshot