₦airaland Forum

geoeast:
@EquityM
For the first ally HYIS Premium, is it subject to 10% withholding tax on the interest earned or how is it calculated

EquityM:
Of course, and monthly compounding.

Niiade:
What’s the current rate with them?

oiganji09:
Thank you very much! .. any info on Gt bank mmf

Gratefulme:
For stanbic users. Is 1m the daily limit I can redeem?

EquityM:
Of course, and monthly compounding.

Gokoyer0:
Hi bro,

Pls which one is this that is compounding monthly?

Coolis:
I got my interest for yesterday 4th, it's only today's interest which can
still come before noon or tomorrow that's outstanding. I don't know what you saying trustbanc hasn't paid interest for 2days. Get your fact right and stop misleading people



quote author=Dondav post=138366535]Trustbanc MMF on cowrywise hasn't paid out interest for 2 days now ... 🤷🏽‍♂️... What's happening

Gratefulme:
For stanbic users. Is 1m the daily limit I can redeem?

tempest12:
I'm a lover of fintech, all my banking and investment activities are all fintech for a long time now. I'm actually using Trustbanc via COWRYWISE. I just wanted to test the app and know it's flexibility. The only advantage is that you get your withdrawal same day and no charges when investing and withdrawing anytime you wish. COWRYWISE main advantage is weekend withdrawal after 24hours boring count down. Ren Money flexible 17percent which is stable is also good compare to most MMF rate.
For fix deposit, I used fairmoney they have the best rate for fintech so far.
Just for information please..

Creditalerts:
No pls anyone using Gt bank MMF should share pls

squad1:
Those using norrenberg how una dey take do am? The service is poor. I am just testing the waters with them but it is not encouraging.

I funded my acct since tuesday morning. Up till now, it has not reflected. For them to update my acct balance na wahala. Cant keep up.

Dondav:
Trustbanc MMF on cowrywise hasn't paid out interest for 2 days now ... 🤷🏽‍♂️... What's happening

squad1:
Those using norrenberg how una dey take do am? The service is poor. I am just testing the waters with them but it is not encouraging.

I funded my acct since tuesday morning. Up till now, it has not reflected. For them to update my acct balance na wahala. Cant keep up.

Dondav:
Well, I am 💯 not misleading anyone... Get your head out your a... I check the thing same time everyday and never had any issues.. but it hasn't been updated for ME .. yesterday and today so far ... Misleading Refree of the people, Do you understand

ogoo4real:
Just be patient, it will be updated and all your accrued interest added up. Thanks

AncestralPowers:
Nigerians nor get patience for money matter ohh, we understand sha..

Apart from updating our daily interest or booking our newly deposited funds, fund managers also have other jobs they engage in, like scouting for the best channels to invest our funds..

Norrenberger is very okay... They could even be updating rates every two or three days, no wahala... But they must ensure rates are competitive in the industry, that's the major concern for most investors.

We will definitely get to our financial destination.

Batman2412:
Guess you mean posted. I just checked mine now. They've posted. They post interest as early as 6am. Its primepro that posts by 9am. Check cowrywise via chrome. If your network is weak, the app may show balance of previous day but that does not mean they have not posted

squad1:
Hehe... Na money matter oo. Actually i am not really enjoying their service maybe it is because i am used to using StanbicMMF. With this norrenberg, i cant even do autiinvest. I complained and was told of additional charges. Haba.

AncestralPowers:
Okay... It is well, maybe @emmasoft could be of help...

I personally don't care when they're posting daily rates, I just want a good and competitive rate from them..

Dondav:
I just checked now again via web like you suggested... But it's still not yet posted. Other ones have already posted theirs except trustbanc.... Had no problem seeing the other ones yesterday as well, same time ... But trustbanc still hasn't posted since yesterday...

squad1:
Hehe... Na money matter oo. Actually i am not really enjoying their service maybe it is because i am used to using StanbicMMF. With this norrenberg, i cant even do autiinvest. I complained and was told of additional charges. Haba.

Jayce242:
Every investor needs to monitor rate & move to any fund manager with higher rate if need be in this our economy. Seems most of u are forgetting the naira is a very weak currency, I personally think 15% is still low. Year on year inflation rate as at December 2025 was 15.15% & interest rate on your weak naira is 15%, are u really investing or just protecting your funds? Investment should come with growth.

EquityM:
Your interest is added to your capital monthly, and it becomes a new capital earning interest.

Gokoyer0:
Which platform is this bro?

bassdow:
there's a stage in one's life when what's more important is growing and improving their value.

for me, I use MMF and the likes just to earn much more than my savings account can pay me. I focus my time + energy into improving on those things I did that fetched me that money.

Plus with MMF and the likes, I kinda have become more stingy to people than before which to me is good enough.

Make more money, invest in offline and online routes. No percentage of MMF beats running a business especially if your portfolio balance is less than 50-million naira.

My method is, I start with you, the day your interest drops so low, I continue with others while keeping with you what's already invested. And except you no longer worthy to be entrusted with my funds, I leave them with you.