₦airaland Forum

Donbrig:
Hmm So people still dey invest with FBNQuest, those guys show me SHEGE PRO MAX.

ogoo4real:
Only 1 day interest @17.69% reflected today @Norrenberger which is for 1/1/26. How come

Blacklaurel:
I haven't received stanbic MMF payout for 4th quarter, does it usually take this long?

ogawisdom:
Please how do I get daily secondary market FGN bond rates.

EquityM:
Equity mission accomplished this week. Baba God, I thank you.

Keith05cool:
Bro abeg teach me this equity investment, I’m interested

EquityM:
CardinalStone is doing well for now; despite the market being sluggish this week, I'm still making gains. Nevertheless, the decision is in your hand.

Rico1278:
What of wealth buddy,I'm using it or do I switch to cardinalstone

bassdow:
wait till end of the day especially around midNight so long it's on business day, it would reflect

Iamblessed88:
Will be updated by COB

bassdow:
Let me check and send you link though my bank sends that to me on monthly basis so you might contact your bank but the moment they know you interested, they start sending you notification emails on monthly basis.

Also have you tried fixed-income funds

Creditalerts:
Stanbic 15.63 😆 I'm no longer a lazy investor 🏃🏾🏃🏿

EquityM:
Diversify your portfolio, bro. I currently invest in equity, fixed income, balanced funds, and MMF. Equity and fixed income have been giving tremendous gains.

emmasoft:
@EquityM, you are doing well. Keep learning as you are earning. Get in touch if you don't mind.

Retro9090:
Stanbic MMF at 15.63% is not encouraging at all. I currently have 176M naira in it. I am contemplating moving to a different asset manager.

emmasoft:
Don't move everything.
Move a larger sum to Norrenberger for now while we wait the out come of the MPC meeting holding in February.

Click the second link on my signature to open Norrenberger MMF account.

Retro9090:
Stanbic MMF at 15.63% is not encouraging at all. I currently have 176M naira in it. I am contemplating moving to a different asset manager.

LordPherule:
What's the annual yield % of Norrenberger?
NDIC insured?

EquityM:
Diversify your portfolio, bro. I currently invest in equity, fixed income, balanced funds, and MMF. Equity and fixed income have been giving tremendous gains.

Retro9090:
Stanbic MMF at 15.63% is not encouraging at all. I currently have 176M naira in it. I am contemplating moving to a different asset manager.

Keith05cool:
Bro abeg teach me this equity investment, I’m interested

EquityM:
https://mobile-web.cardinalstone.com/
Register on this website or download the app "CS Alpha" on the Play Store or Apple Store.

Beeron:
To be frank, 2 million plus monthly returns isn't bad at 15.63% percent, at that rate of returns, you earn more than 80% of Nigerians working 9-5 jobs.

I know your fear, which is — what happens if Stanbic rate falls lower, that your 2 million plus returns monthly can't be guaranteed. That's your fear.

First, let me calm you down, by telling you that; Don't get too worked up about MMF rates, rather, see the good in it, which is easing inflation. The less of inflation which CBN is trying to get under control, the more purchasing power your money will have or would you rather rates gets increased every month and your millions and accrued interests becomes worthless like Zimbabwe type inflation — lol — your millions will be worth trillions but can't buy bread.


Secondly, Don't get too worried about falling rates because, MPC knows what they are doing when they converge. I know they also know one undeniable fact which is: They can cut rate but they can NEVER cut rate below basis points that will stop making Nigeria fixed income investment less attractive to foreign investors. (I can bet my last Naira on this fact), If they try that... A lot will go wrong and FX will take the fall, so CBN can't risk that, this is why you should relax your mind.


Thirdly — sorry, running out of time, I will come back to complete this third point. Need to attend to something else now.

Danyl:
I just applied for FBN Quest and senf in some funds to put something on the MMF going for 4 days and I kept receiving the same canned message from FBN quest:

Compliments of the season!

This is to acknowledge your email and evidence of payment.

Please be informed that your funds will be booked accordingly upon confirmation.

Thank you for choosing First Asset Management

Kind Regards,

Please has anyone experienced tbis before?
I paid into the CITI Bank account but this canned message is making it look like scam already.

ogawisdom:
Yes I do MMF, may be I will contact my bank Stanbic IBTC bank to put me on their mailing list for secondary market FGN bond offers.

Actually I am thinking of FGN bond because it's easy to get loan with it as collateral. Will fixed income fund investment quality as collateral for loan.

It's not like I need any loan now but positioning myself to be qualified for one in future as opportunities come up.

Beeron:
To be frank, 2 million plus monthly returns isn't bad at 15.63% percent, at that rate of returns, you earn more than 80% of Nigerians working 9-5 jobs.

I know your fear, which is — what happens if Stanbic rate falls lower, that your 2 million plus returns monthly can't be guaranteed. That's your fear.

First, let me calm you down, by telling you that; Don't get too worked up about MMF rates, rather, see the good in it, which is easing inflation. The less of inflation which CBN is trying to get under control, the more purchasing power your money will have or would you rather rates gets increased every month and your millions and accrued interests becomes worthless like Zimbabwe type inflation — lol — your millions will be worth trillions but can't buy bread.


Secondly, Don't get too worried about falling rates because, MPC knows what they are doing when they converge. I know they also know one undeniable fact which is: They can cut rate but they can NEVER cut rate below basis points that will stop making Nigeria fixed income investment less attractive to foreign investors. (I can bet my last Naira on this fact), If they try that... A lot will go wrong and FX will take the fall, so CBN can't risk that, this is why you should relax your mind.


Thirdly — sorry, running out of time, I will come back to complete this third point. Need to attend to something else now.

Beeron:
To be frank, 2 million plus monthly returns isn't bad at 15.63% percent, at that rate of returns, you earn more than 80% of Nigerians working 9-5 jobs.

I know your fear, which is — what happens if Stanbic rate falls lower, that your 2 million plus returns monthly can't be guaranteed. That's your fear.

First, let me calm you down, by telling you that; Don't get too worked up about MMF rates, rather, see the good in it, which is easing inflation. The less of inflation which CBN is trying to get under control, the more purchasing power your money will have or would you rather rates gets increased every month and your millions and accrued interests becomes worthless like Zimbabwe type inflation — lol — your millions will be worth trillions but can't buy bread.


Secondly, Don't get too worried about falling rates because, MPC knows what they are doing when they converge. I know they also know one undeniable fact which is: They can cut rate but they can NEVER cut rate below basis points that will stop making Nigeria fixed income investment less attractive to foreign investors. (I can bet my last Naira on this fact), If they try that... A lot will go wrong and FX will take the fall, so CBN can't risk that, this is why you should relax your mind.


Thirdly — sorry, running out of time, I will come back to complete this third point. Need to attend to something else now.

bassdow:
I don talk tire, even suggested rather than moving fund, just open 1 or 2 more accounts with other providers and move some into there or make future deposits into them while their rates are friendly enough.
But if you talk, dem go say you loyal to brand or after referal money.

I also said it here few weeks ago a lot of people are using these things like it's MMM / HYIP but dem tackle me like say I no know wetin I talk

bassdow:
shouldn't at least basic education + enlightment come first before the above ?

EquityM:
Sorry, bro. Equity is like buying stocks. However, the stocks are bought on your behalf by CardinalStone. E.g., Gtco, Aradel, Seplat, Buafood, and high-yield dividend stocks. When these stocks rise, you earn money everyday, when the stocks go down, you lose some money. However, some stocks do better than others, so it is unlikely to lose your capital. The interesting part is that you get dividends from these stocks annually apart from the capital gains. To make a profit, you need to invest at least 50 to 100k to fight off losses. At present my capital is 8m, so my weekly profit can fight off few losses. In a week (trading is 5days) you might earn profit in 3 days and losses in 2 days, a little dip. However, the profit usually beats the losses. This week I only lost 12,000 naira and made 200,000 naira. You can withdraw your money at anytime if the market goes south.