₦airaland Forum

Harddiskng:
Thank you for this review.

I am considering Norrenberger with all this Standard Chartered wahala.

Then again, to be fair reflecting on my experience with FBNQ App, your inability to login might have to do with your network. Before i always struggle to log-in it was later I realized if the network isn’t strong enough, it won’t log me in.

Harddiskng:
This is why illiteracy is a threat to Nigeria.

The people that have no money, that the new tax law will favor are the ones making the most noise.

Jayce242:
@bold are u saying one can pay to Norrenberger in naira & it will be converted to dollar? I thought they said payment must be through dollars?

OwlaRowl:
Season Greetings good people,

I noticed my Cowrywise Q4 2025 earnings are yet to be reinvested.
(Specifically for Cowrywise and Trustbanc in Cowrywise).

Does anyone have this same experience on cowrywise?

Potvalor:
No, it is not normal. My ARM MMF (on Cowry app) was reinvested by 9:50 AM today. But I'm still waiting for the Cowry MMF reinvestment update. 1st is a public holiday, so it's understandable they extended it till 2nd. Any extra extension past today isn't okay. I will check back later by late evening, to confirm though.

OwlaRowl:
I just noticed this notification and can't seem to make sense of it.
Waiting till April, will mean losing the compound interest that should have been earned, if I were to reinvest my Q4 2025 earnings.

Creditalerts:
FirstAlly myinvestar paid their dividend yesterday wow investment is really sweet

Jayce242:
@bold are u saying one can pay to Norrenberger in naira & it will be converted to dollar? I thought they said payment must be through dollars?

EquityM:
Yes, they are lagging behind the big boys. I think they just started the fund last year in Feb. I was told dividend is also distributed annually apart from the capital gains.

EquityM:
Got this email from CardinalStone.

emmasoft:
Even people who actually make the noise, as you said, are the ones the government is fighting for. Imagine people shouting CGT, all their portfolio is not up to 10m, not to mention the 150m threshold.

EquityM:
Got this email from CardinalStone.

yusfatedeeprof:
They aren't lagging. Cardinal Stone Equity Fund is benchmarked against the NGX30, other fund managers utilize different strategies too for portfolio composition. Cardinal Stone’s equity fund tracks the NGX30, whereas another fund manager can use different benchmarks.

So it's more of like different approaches/strategies to equity fund.

Jayce242:
You know their interest rate for dollar fund?

Iamblessed88:
So in essence, Cardinal Stone Equity Fund is more like an ETF. One thing though, what’s the liquidity? How easy would it be to sell as i hear ETFs aren’t so liquid in the Nigerian Market

yusfatedeeprof:
No, Cardinal Stone equity fund is a mutual fund and not an ETF. It's actively managed and they don't just copy/mirror market index, they research and pick specific stocks they think will outperform, But using NGX30 as the benchmark.

yusfatedeeprof:
No, Cardinal Stone equity fund is a mutual fund and not an ETF. It's actively managed and they don't just copy/mirror market index, they research and pick specific stocks they think will outperform, But using NGX30 as the benchmark.

emmasoft:
However, a soft landing is that you can pay your cash (dollars) into their Stanbic dollar collection account. So investors are not restricted to only transferring to fund their dollar fund account, which will remove the charges involved in transferring funds from a dom account. This is still a better method compared to what is obtainable with other fund managers.

Kabawhat:
Abegi house when is legacy fund (FCMB) Planing to pay out its dividend any info please. Abegi

Harddiskng:
Good info.

Looks like i’d finally go with norrenberger dollar fund, I’d open Stanbic dollar account in the coming week.

Standard chartered is asking for too much, just for me to maintain Stanbic dollar fund and offering me too little.

It would be in Stanbic Asset Managers’’ best interest to look for a way to influence StanChart, so that their clients can keep their StanChart dollar accounts without the N7.5 million minimum investment requirement.

yusfatedeeprof:
They aren't lagging. Cardinal Stone Equity Fund is benchmarked against the NGX30, other fund managers utilize different strategies too for portfolio composition. Cardinal Stone’s equity fund tracks the NGX30, whereas another fund manager can use different benchmarks.

So it's more like different approaches/strategies to equity fund.

Harddiskng:
Thank you for this review.

I am considering Norrenberger with all this Standard Chartered wahala.

Then again, to be fair reflecting on my experience with FBNQ App, your inability to login might have to do with your network. Before i always struggle to log-in it was later I realized if the network isn’t strong enough, it won’t log me in.

talk2yommex2000:
How do I get FBNQ App, and is the app stable please? Thank you

talk2yommex2000:
How do I get FBNQ App, and is the app stable please? Thank you

t33why:
That'd be your best bet, I thought of reaching out to Norrenberger too when the issues started but then I had just started using their platform less than 2weeks sef and all of a sudden no access on app and web. It was too early for that kind of stress

EquityM:
On January 2nd, I topped up my MMF account using Norrenberger's app. It still hasn't shown up. As soon as my dividend is credited, I'm done with them.

EquityM:
On January 2nd, I topped up my MMF account using Norrenberger's app. It still hasn't shown up. As soon as my dividend is credited, I'm done with them.