₦airaland Forum

heavenisreal18:
Pls I got an email indemnity form from my bank but I don't know how safe it to use for instance if another person pick my phone can they ask for fund transfer into their bank ,will the request be granted pls help

heavenisreal18:
Pls I got an email indemnity form from my bank but I don't know how safe it to use for instance if another person pick my phone can they ask for fund transfer into their bank ,will the request be granted pls help

emmasoft:
Download the Stanbic Bank app 3.0, which is the new app, and you will see the BluNest module, which replaced the mutual funds module. Use the same login details, and you will be fine.

If you have not been paid interest into your registered bank account, it means you opted for interest reinvestment. Otherwise, check your bank statement; your interest would have been paid, or call the customer care to complain if you can't see your interest added to your capital at the end of each month in the past two quarters.

yusfatedeeprof:
The Indemnity form is a necessary policy requirement for all fund transfer instructions submitted through non-physical channels (i.e., email).

To your question, the person will also need to have access to your email, your signature and know who to send it to, which to me doesn't seem like a stranger.
Thank you

For additional security, you can instruct your Relationship Manager to confirm all fund transfer requests above a specified threshold through a direct phone call to you.

lolaluv1:
Thank you.
I used to be paid interest for about 3 years and then it suddenly stopped...

Babygal2020:
Omo

Stanbic IBTC mutual funds interest rate is just dropping.

Today's rate is 16.35% per annum.


@emmosoft and others

emmasoft:
Yes, very possible. Though for me, I prefer using different fund managers instead of having more than one MMF account with the same fund manager.

Taal17:
Sorry to bring back this old post but I was searching for answers and found this page on the thread.
I already have Stanbic MMF how do I open a new one MMF. The bluenest app keeps dropping on the new Stanbic App so I typically check my mutual funds on the older version and there I can see the option to open a new MMF . I only see options for the other funds

emmasoft:
On the new app, login to your MMF account and click wallet.
Select buy funds then pick buy new funds it will take you to the list of all available funds including MMF; you can now select any product of your choice. Any fund picked this way, will create a new account even if you have the fund already.

By the way given the current rate of Stanbic, I advice you open a new MMF with Norrenberger to enjoy better rate at the moment instead of having more MMF with stanbic.

Stanbic MMF is 16.32% while Norrenberger is 19.07% as of today, 09 12 2025.

Click the second link in my signature to open an account with Norrenberger.

suckprick:
I have been hearing of this norrenberger. Are they tied to any bank just like stanbic or united capital asset managements? Hope dem no go carry person money run one day.

emmasoft:
On the new app, login to your MMF account and click wallet.
Select buy funds then pick buy new funds it will take you to the list of all available funds including MMF; you can now select any product of your choice. Any fund picked this way, will create a new account even if you have the fund already.

By the way given the current rate of Stanbic, I advice you open a new MMF with Norrenberger to enjoy better rate at the moment instead of having more MMF with stanbic.

Stanbic MMF is 16.32% while Norrenberger is 19.07% as of today, 09 12 2025.

Click the second link in my signature to open an account with Norrenberger.

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

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

enque:
Here....

Oyetunde49:
Please what is the limit for withdrawal for stanbic MMF, I wanted to withdraw but it was telling me I have exceeded limit of 1 million. How can I increase my withdrawal limit please. ? Especially to withdraw large sum.

Oyibopepe2000:
But really why is stanbic mutual fund rate so low compared to others sef mtcheew

Babygal2020:
I just tire ni o. I neva get mind to leave them

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.

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.

Donbrig:
This is a very good development, I observed it yesterday when I deposited 30k into my Norrenberger mutual fund around 11 am and I was surprised my 30k was already at work when I checked my account around 5 pm.

Kudos to Norrenberger asset managers at the moment, their 1% management fee is also a big GOAL for me, unlike the usual 1.5% from most asset managers.

However, we hope that Norrenberger keeps up with these encouraging developments and don't backslide.....

Stanbic IBTC isn't doing much at the moment, their rate hasn't been encouraging at all, their monthly reinvestment is what they are using as a bait and exactly what is still keeping many with them, but with the low rate they are giving, compared to others, even if they reinvest on weekly basis, they are still gonna be lagging behind

It is always good to have more than one asset manager, because the situation often changes with time.... Those asset managers with low rates and conditions today might be on top tomorrow....

Great Weekend To My Fellow Investors

emmasoft:
Norrenberger wants to challenge the status quo, apart from the cut-off time and rate; they are the only asset management firm that has its head office in Abuja. Watch out for these guys; they mean business. Seven years already and still counting...

Click the second link in my signature to open an account with Norremnberger for free.

suckprick:
Hi, I am thinking of investing about 100m on Norrenberger because their interest is very okay at the moment compared to others, however I am concerned about the confidence level on them at the moment considering the fact they just started operation about 8yrs ago. It's relatively new compared to some established asset management. Please I need advice from experienced investors, what do you think?

emmasoft:
I have written much about this at different occasions on this thread that the safety of your fund or risk associated with it doesn't depend on the fund mansger rather, it depends on the nature of the fund.

For as much as a fund manager is regulated by SEC and all the parties to the fund are present, no worries irrespective of the age of the fund manager, your investment is safe.

I'm not writing this because I'm a rep to Norrenberger, it's the fact about asset management from experience of over 20 years.

IamtheDef:
This is actually incorrect, these companies that you have listed are separate entities distinct from the banks that you have mentioned (they used to be under the same umbrella but not anymore) . Different scope of business and regulators, if something were to happen to FBNQuest for example, First bank isn't going to refund your investment nor is it their business

suckprick:
Thank you. Please can you shed more light on the bolded.