Damitimo:


Please how do you check the daily interest?

you would have to note the present day's interest, and the following day's own. then you'll subtract from each other e.g subtract today's interest (N10) from yesterday's (N9), the answer you get would be divided by the principal or capital (N10000), multiplied by 100%. the answer would then be multiplied by 365.


10-9 =1
1/10000 x 100 = 0.01
0.01 x 365 = 3.65%
for the above sample 3.65% is your interest rate

qizick:
Please is this how u get ur interest in stanbic? I don't get mine daily

Those figures are part of your interest being reinvested not necessarily your interest.
It is done weekly or thereabouts

To get your interest, take your available balance each day and deduct previous day's balance

folushorex:
Sterling Assets Mgt. Is another good one, to place ur fund . I HV been investing with them for a while now, I HV no complains,with good rate, entry & exit anytime i.e i top up & collect my funds, with no issues. They are offering good rate even at the moment. You can call my contact person, to ask for more info. 08023654347

what's there current rate?

Please am new here
I opened a stanbic money market fund and credited it. Then downloaded the a but till now I can't login into the app do I need to visit the bank

civilserva:
To investors of MMF
1.Rate is low but your money is secured, so do not follow the bandwagon to invest in products where your principal is not even guaranteed. The low rate can still be reversed in the future.

2. Beware of Digital agriculture, their rates are good but you don't even know the characters behind the scheme. Absence of proper regulations ensure the proliferation of many schemes geared towards fleecing the unsuspecting investors. Few could have good intentions and founded on strong business principles, your part is to carryout due diligence.

3. Is stock market for you? Stock is good if only you can thread on the dangerous water of the market. Do not jump into based on the present uprise of the stock prices, the gain can reverse within short time. Trade on stocks with sound knowledge. The entry point price matters alot. For novice in stock trading, enter when the prices are relatively low and buy only stocks with strong fundamental with annual dividend payouts. Do not become cheap meat for Big dogs.

Nice summary of the way to go in challenging moments like this. My people, embrace the wisdom in this....

FBNQuest people, have they paid your interest for yesterday?

Do you check yours everyday??
I check mine like once a week or in two weeks

IyawoToBe:
FBNQuest people, have they paid your interest for yesterday?

Diogo2019:
Do you check yours everyday??
I check mine like once a week or in two weeks

I don't o. Until they started swindling me They didn't pay me yesterday.

Diogo2019:
Do you check yours everyday??
I check mine like once a week or in two weeks

I check mine everyday but they don't add it everyday. Sometimes they add for two, three days at once.

And the next time I check they have reduced it.

Its supposed to be done daily but its not so with FBNQuest.

FBN deducted about 11,000 naira from my account this morning. Called Customer care and sent e-mail,no concrete explanation has been given yet. Guess it's time to port. Enough of the loyalty.

Apus:
FBN deducted about 11,000 naira from my account this morning. Called Customer care and sent e-mail,no concrete explanation has been given yet. Guess it's time to port. Enough of the loyalty.

Now you'll are getting the memo

faoogoke:


I check mine everyday but they don't add it everyday. Sometimes they add for two, three days at once.

And the next time I check they have reduced it.

Its supposed to be done daily but its not so with FBNQuest.

Please what do you mean by the bolded?

Kereokwu:
Good day narialanders,
I went to FBNquets office in Maitama since Monday morning to fill out the necessary form for MMF, till date now response. I called the rep that attended to me, she promised that at the end of today 15/01/2020 it will be processed and it has not be processed.
My questions is can I move to stanbic or even something else?
Also with these NEWLY advertised fg bond, what is the lowest amount and can I get it in commercial bank, if no where can I get it?

IyawoTobe warned me oooo, though it can late.

Yes you can try stanbic, ARM, investmentone or any other that will serve you. It's better you do your due diligence and have confidence in whoever you want to manage your funds. This life is to short to waste it regretting ..
There is a thread for bonds here on NL, you can find it and learn from experience people there.
Nevertheless, you can get it from commercial banks minimum of 2years tenure and a minimum amount of 5k maximum 50million
Note that FG bond is different from FG savings bond.

Do you know that bond funds(bond mutual funds) are still doing above inflation rate?

ernie4life:
Do you know that bond funds(bond mutual funds) are still doing above inflation rate?

I thought the current inflation rate is 11%

Good day narialanders,
I went to FBNquets office in Maitama since Monday morning to fill out the necessary form for MMF, till date now response. I called the rep that attended to me, she promised that at the end of today 15/01/2020 it will be processed and it has not be processed.
My questions is can I move to stanbic or even something else?
Also with these NEWLY advertised fg bond, what is the lowest amount and can I get it in commercial bank, if no where can I get it?

IyawoTobe warned me oooo, though it can late.

Kereokwu:
Good day narialanders,
I went to FBNquets office in Maitama since Monday morning to fill out the necessary form for MMF, till date now response. I called the rep that attended to me, she promised that at the end of today 15/01/2020 it will be processed and it has not be processed.
My questions is can I move to stanbic or even something else?
Also with these NEWLY advertised fg bond, what is the lowest amount and can I get it in commercial bank, if no where can I get it?

IyawoTobe warned me oooo, though it can late.

If you don't mind, you can open account online with investment one. Check my signature for the link and phone contact.

I won't even notice if they didn't pay interest for the day or not

IyawoToBe:
I don't o. Until they started swindling me They didn't pay me yesterday.

Nawa ooh!!........think I need to withdraw my funds and look into something else, maybe digital agriculture

faoogoke:


I check mine everyday but they don't add it everyday. Sometimes they add for two, three days at once.

And the next time I check they have reduced it.

Its supposed to be done daily but its not so with FBNQuest.

qizick:
Please is this how u get ur interest in stanbic? I don't get mine daily

I don't get mine daily too. What's happening?

Thanks

quote author=Boyhood post=85845760]
Yes you can try stanbic, ARM, investmentone or any other that will serve you. It's better you do your due diligence and have confidence in whoever you want to manage your funds. This life is to short to waste it regretting ..
There is a thread for bonds here on NL, you can find it and learn from experience people there.
Nevertheless, you can get it from commercial banks minimum of 2years tenure and a minimum amount of 5k maximum 50million
Note that FG bond is different from FG savings bond.
[/quote]

Thanks
quote author=emmasoft post=85849711]

If you don't mind, you can open account online with investment one. Check my signature for the link and phone contact.[/quote]

Hello house,

Please help with the maximum daily limit of fbn mutual fund. And does weekend redemption work?

[quote author=ernie4life post=85846714]Do you know that bond funds(BOND MUTUAL FUNDS)are still doing above inflation rate?

Please, can you recommend any Bond Mutual Fund with rate above inflation rate?

SAMTL(Sterling Asset Mgt & Trustees Ltd). Is still doing well at this time, good rate & ur interest paid, no story. You can call 08023654347

Your choice bro. Do your checks.

odontoid1:


I hope this is not another form of MMM in disguise. I checked their site out and saw the design like MMM. For instance, you sponsor a farm(more like providing help), you wait for a period of time during which the sponsored farm grows(similar to mavro of MMM growing), then the interest with the capital is paid(just like GHing). After which you recycle or walk away. There is also a referral bonus. I spoke with one of the agents and demanded that I see the farm before I can sponsor but he said because of security reasons, they don't show sponsors the farm. This makes me wonder if they really have a farm somewhere or not.

Please does anyone have more information about the Farm Funds Africa and similar platforms? Do they really have farm somewhere? If yes has anyone seen those farms in existence?

Kindly enlighten me more. Thank you

You can still get rate at 8.06% for Abacus money market fund- AMMF and 11.43% for Vantage Guaranteed income fund - VGIF both funds managed by Investment One. Check my signature for the link to open account online and my phone number.

emmasoft:
You can still get rate at 8.06% for Abacus money market fund- AMMF and 11.43% for Vantage Guaranteed income fund - VGIF both funds managed by Investment One. Check my signature for the link to open account online and my phone number.

Who is doing investment one here? I need testimonials, I want to change from stanbic ibtc, which bank is investment one attached to?

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singletech:

Who is doing investment one here? I need testimonials, I want to change from stanbic ibtc, which bank is investment one attached to?

investment one is cool, no complains so far

faoogoke:
I just opened a Money Market Fund and Stock Trading account with United Capital

The process was smooth in that you must submit all required document and you dont need to step into their office to do all that.

I did it all online

My account dash board is impressive.

The rates are displayed for each of the products. I can make all kind of requests

I am impressed. I hope I will continue to be impressed.

They're really good, had some issues with açcount opening but they fixed it when I contacted them.

I wonder why everyone is not talking about them., they have stock trading, eurobond, mmf , trustee accounts , wills, bond fund.

Their rates are transparent, the bond fund is over 10 percent and mutual fund is around 8 .

Are they a trustworthy company though?