For those using stanbic ibtc MMF: using your card to top up will now attract 0.75% fee subject to a max fee of #2000. I.e topping up #100k will cost #750. But topping up #1,000,000 will cost #2,000.

Hi guys, is the account below for fbn money market ? I Want to fund my account today but trying to be careful.

BANK: FIRST BANK
ACCOUNT NAME: FBN MONEY MARKET FUND/INVESTMENT ONE FINANCIAL SERVICES
ACCOUNT NUMBER: 2027499421

igbizen:
For those using stanbic ibtc MMF: using your card to top up will now attract 0.75% fee subject to a max fee of #2000. I.e topping up #100k will cost #750. But topping up #1,000,000 will cost #2,000.

From 1 January 2020

I love StanbicIBTC MMF. Made a withdrawal at 8:19Am today. Got alert 1:39pm. Simply the best!

Akin3891:
Hi guys, is the account below for fbn money market ? I Want to fund my account today but trying to be careful.

BANK: FIRST BANK
ACCOUNT NAME: FBN MONEY MARKET FUND/INVESTMENT ONE FINANCIAL SERVICES
ACCOUNT NUMBER: 2027499421

That's correct

Franky826:
Am I the only one that got this ridiculous interest accrued over the weekend?

It's almost x10 of my normal average daily rates

I'm scared o cos nothing is free in this country

I don't want to wake up and discover my account is wiped or even flagged.

Anybody on this table?

Emmasoft and everyone come o. I'm not understanding

i noticed that too, over 20k added to my accrued interest.

Any reason as to why the inflated rates on FBN MMF over the weekend yet?

Umarzy:
I love StanbicIBTC MMF. Made a withdrawal at 8:19Am today. Got alert 1:39pm. Simply the best!

Great, with this speedy processing of Redemption request, stanbic MMF is becoming flexible like a Saving Account.

NicoKator:


Great, with this speedy processing of Redemption request, stanbic MMF is becoming flexible like a Saving Account.

Yes oo

Franky826:
Any reason as to why the inflated rates on FBN MMF over the weekend yet?

You guys are probably enjoying some bonuses or windfalls. Don't be panicked; grab the full benefits!!!

It may be a system glitch, probably their software is acting funny. Am sure it will be adjusted to normal once its resolved .

sentoms:
It may be a system glitch, probably their software is acting funny. Am sure it will be adjusted to normal once its resolved .

FSDH was 15% two days ago. I think rate was high due to new inflation figure by nbs

sentoms:
It may be a system glitch, probably their software is acting funny. Am sure it will be adjusted to normal once its resolved .

You might be right, the rate was too big to believe.

Franky826:
Any reason as to why the inflated rates on FBN MMF over the weekend yet?

Confirmed. It was just normal distribution for Friday to Sunday. No course for alarm. enjoy your loot while it last.

Hi guys, trying to set up my fbn edge,got to the OTP page,but not receiving any sms via phone nor email,even when it show on the page that the sms has been sent already. How do I go from here?thanks

Akin3891:
Hi guys, trying to set up my fbn edge,got to the OTP page,but not receiving any sms via phone nor email,even when it show on the page that the sms has been sent already. How do I go from here?thanks

That FBN Edge seem to be the most difficult app I have encountered of recent. Been trying to set one up since last week but couldn't get past the page it request for e-mail address and phone number.

emmasoft:


Confirmed. It was just normal distribution for Friday to Sunday. No course for alarm. enjoy your loot while it last.

Okay sir

Mutual funds are also falling

AXA is 8.4

DBestDoc:


quote me and leave your email address so i can forward the account opening form for FBNQuest to you.

You fill out the form and forward to them via email and your account will be set up.

For Stanbic IBTC, you can set up an account using their mobile APP.

funmiakin89@gmail.com

Alternative?

Nigsrdumb:
Mutual funds are also falling

seyisanya:
Alternative?

Open VGIF and MMF with investment one. Check my signature for online form

I'm a former employee of axa mansard. The money market is good cos it's a low risk investment for little risk takers like us but as at today, the rate is 8.4%, don't know why it's dropping that much from 12% down to 8. It's crazy. Anyone with info of other providers?

kingzsoul:
I'm a former employee of axa mansard. The money market is good cos it's a low risk investment for little risk takers like us but as at today, the rate is 8.4%, don't know why it's dropping that much from 12% down to 8. It's crazy. Anyone with info of other providers?

Economic policies which affected Tbills which in turn affects MMF is the cause. Effects of economic policies is usually with chain reactions.

How does one transfer money to invest one .
What is their procedure for transferring money to them

debostar:
How does one transfer money to invest one .
What is their procedure for transferring money to them

Depending on the fund you are investing into. You can get the account number and do a direct transfer or you can as well deposit cash whichever is convenient.

kingzsoul:
I'm a former employee of axa mansard. The money market is good cos it's a low risk investment for little risk takers like us but as at today, the rate is 8.4%, don't know why it's dropping that much from 12% down to 8. It's crazy. Anyone with info of other providers?

Stanbic 9.42%

ARM -10.3%

The drop in Tbills rate affected the money market mutual fund . Tbills now at 4%- 5.4% at yesterday's auction . Most fund managers a large % of their money market fund in Tbills and little in commercial paper and co


T

emmasoft:


Open VGIF and MMF with investment one. Check my signature for online form

I have opened a VGIF account but not yet funded. I asked my account officer how I could access my account in order to monitor my investment - this is a month now and still no reply. Any idea ? Can one monitor his VGIF account like we do with MMF app?

igbizen:

I have opened a VGIF account but not yet funded. I asked my account officer how I could access my account in order to monitor my investment - this is a month now and still no reply. Any idea ? Can one monitor his VGIF account like we do with MMF app?

You can monitor your VGIF account and all other funds account. To have your details, you have to first fund your account. Once your account is funded they will send the details to you. There is no need to request. It's automatic. By the way did you open with the link I posted or the one on my signature?

WHY NOW

Nigsrdumb:
Mutual funds are also falling

8.17 AXA

Bbbwings:
AXA is 8.4

ANY OTHER LEGIT INVESTMENT PLATFORM ASIDE MMMF, MBA FOREX AND TBILLS?