₦airaland Forum

Charity begins at home.

freeman67:
Unlike other Asset Managers where the daily accrued interest is separated from your principal and you can clearly see the distinction, Stanbic IBTC Asset Managers does not separate them. The only thing you will notice is that your principal grows daily if you keep tab on it. Then the interest space/column below the principal is just for you to know how much has accrued/has been added to you principal so far in that month. By the end of the month, if you chose reinvestment of interest, the interest space would be wiped off and whatever is added to your principal is documented there again for next month.


However, if you chose for your interest to be paid to you, that money that grew on your principal for that quarter would be - minus from the principal and sent to your account. Yours remains the same because you chose reinvestment which means it has already been reinvest.

For others like FBN Quest and UCap there is a clear distinction between your principal and interest. If you keep tab on it you will notice that the principal never grows unless you top-up your investment or interest is renovated. It's only the interest that grows. Hope you can understand this...

I had to call them to get clarification.

50k was mistaken credited to my account and later removed thereby showing a higher total Inflow. When I add Inflow and interest together, it doesn't add up.

FBNQuest does it better. Interest should be separated from Net Asset Value.

emmasoft:
I hope you opted for interest reinvestment. Stanbic always reinvests/compounds interest on the last day of the month. The one for June was done on the 30th of June. It's only those who opted for interest payout that get credit in their bank accounts between the 1st and 7th of the new quarter.

I use reinvestment.

The Net Asset Value should be Inflow + Total Gain.

From my dashboard, the net asset value remains the same as it was last month before 30th.

The interest gained is showing on the transaction history, but haven't been carried over the the net asset value (principal.

It's showing on earned amount, but the last

0ubenji:
Cowrywise own na instanta.. those ppl dey try.. it's just this Fintech phobia.

I have issues trusting fintech with my money.

I prefer the biggest two fund managers in the country, this way I feel relaxed because there's enough liquidity.

It takes Stanbic IBTC forever to compound interest.

Till now they haven't added last month interest to the principal.

This is something FBNQuest did on the 1st day of the month.

Stanbic IBTC is cheating us.

upson89:
Please, I’m really tired.

These pimples just won’t let me rest. I’ve tried different soaps, cleansers, and creams – some expensive, some cheap – and still, no major difference. One will go, and before I even smile small, three more will show face. 😩

I’ve cut down on oily food, tried drinking more water, even stopped using certain products… but nothing seems to be working long-term.

Is it stress? Hormones? Witchcraft? I don’t even know again. 😭

Please, if you’ve struggled with bad acne and actually found something that worked, kindly share. I don’t mind natural or over-the-counter options, I just need honest advice.

Let’s help each other abeg. What’s your skincare routine like? What finally worked for you?

Note: File photo used for illustration

You don't need pills, you need a lifestyle change to heal permanently.

Fix your gut.

Say NO to processed foods

Say NO to bread, instant noodles, pasta and spaghetti.

Embrace intermittent fasting (Eating window 11:00AM - 7:00 PM) Outside the eating window, drink only water.

Liver therapy - Cook beef liver with ugu (fluted pumpkin) twice weekly.

Avoid the use of seed oils. Use palm, olive, coconut oils, butter, ghee and beef tallow in cooking. Kuli Kuli oil from a trusted seller may fill the gap for now if you're looking at cost.

Follow the teachings of this Dietician >> https://www.facebook.com/doctorfthefuture


Embrace real foods and see the best version of yourself.

twinskenny:
any idea?

kindly help


nigeria food easily accessible food

Avoid wheat and it's derivatives (semi, bread, spaghetti, noodles, etc) as a plague.

Avoid processed foods.

Contact DOF >> https://www.facebook.com/doctorfthefuture for a meal plan and follow his teachings on social media.

You only need a lifestyle change to reverse it. Popping pills isn't the solution.

Contact that man, he will tell you what to do.

Don't let the big pharma put you on subscription base life.

Streetinvestor2:
You can not be serious. I hope we know when some of the people start selling to get out after pumping

The bulls make money, the bears make money, and the pigs get slaughtered.

Streetinvestor2:
How did they come about directors loan when they whr not generating revenue. How much is the loan and at what rate this time.Abi you are missing it with the old conversion that they said had already happened to some creditors they could not pay.

There are more loans to be converted to equity.

Unfortunately, I do not have the figure.

Ellah Lakes will convert directors' loans to equity, and they will be raising funds via equity.

They will commission the Edo 3-ton mill at the end of the month.

Fingers crossed

GeeKudi:
Are you sure you posted the right link? The video in the comment section of the X post isn't showing anything worthy of note. Maybe you didn't post the correct link you intended?

There's nothing new.

It's loking like an exit pump.

Mpeace:
Chai see the man face. This man no dey chop Una company money. You pple should pls help him.
From his suit and tie you will notice that he is going through alot to make this company great.

Make Ellah Lakes great again

SonofElElyonRet:
I believe he generates his own power for Dangote refinery

The same for all his businesses.

He once said that power is the first thing he fixes.

What Alhaji is listing.

Dangote’s $2 billion Petrochemical Plant located in Ibeju-Lekki, Lagos State, is designed to produce 77 different high-performance grades of polypropylene in the country.

With a turnover of $1.2 billion, the 900,000 metric tonnes per annum capacity Dangote Petrochemical plant, situated alongside the Dangote Refinery, has been strategically positioned to cater to the demands of the growing plastic processing downstream industries; not only in Africa but also in other parts of the world.
https://www.dangote.com/dangotes-2-billion-petrochemical-plant-to-produce-77-grades-of-polypropylene/


We wait for the fertiliser plant.

SonofElElyonRet:
He just likes being self dependent

100%

moneymanager:
Will you get more than 20% returns annually?

Yes, via compound interest if you are compounding quarterly instead of cashing out.

Note: The rate isn't static; it changes depending on market conditions and the MPR.

Chuksido:
Good day everyone please i need some form of advice from the gurus, i have 2m and i want to plan towards my moms retirement! I want to buy 2m worth of nidf stock for her cause of the quarterly dividend yield and its low volatility, please is this sound enough and if yes, whats the best price to get it at, as it last traded 111.70 l

Invest in FBNQuest Money Market Funds and leave stock alone.

Select quarterly payout.

orriyomi33:
Good afternoon house.

I made a purchase of some units of PZ cussons stock on Bamboo app since the 16th of May, but the the order was not filled neither was my capital returned.

I have sent mails to their support team but they said they are working on it since.

How do I recover my capital pls?
Thanks in anticipation

I don't know why people are using all these apps to trade when they can simply do it on web platforms with reliable stock brokers like Morgancapital.

Go drag them on X.

"The first biofortified, zinc-enriched rice varieties".


Avoid GMO foods like a plague.

debeey87:
Only Gen z do stuffs like that. Even when they had network glitches that made transaction impossible, I still maintained my 18yr old account with them.

There are more Gen Z than Gen X.

GTBank arrested VDM.

https://www.nairaland.com/8414959/verydarkman-arrested-over-gtbank-loan#135211733


Who is advising these people? There are many ways to handle such an issue.

Now, it's operation close your GTBank account next week.

Their social media pages are on fire. Massive reporting and protest.

After the audio rebasing, we are going higher.

2008 vibe.

A federal high court in Lagos has fixed April 15 for the hearing of the suit filed by Ecobank Plc against Obafemi Otudeko over 6.31 billion shares purchased by Barbican Capital Limited, an affiliate of Honeywell Group Limited, in First Bank of Nigeria (FBN) Holdings.

Obafemi Otudeko is the son of Oba Otudeko, former chairman of FBN Holdings.


https://www.thecable.ng/ecobank-seeks-court-order-to-stop-otudekos-son-from-selling-shares-in-fbn-holdings/


He wan dump on us, him dey craze?

Ades1:
At this point, it looks like you're buying based on hope. Even if Oando does 100% you'll most likely still be in the red because you were buying when the price was high.

When there are other better opportunities out there.

designking:
I am just waiting for the first batch of the bonus Oando to be credited to holders account which will fuel a round of selloffs. I intend restocking at that point.

Oando at N30+ is a sure 100% ROI for 2025.

Sunk-cost fallacy is at play here.

Agbalowomeri:
Next support is N12

Dem go swear you

A bloody market.

Agbalowomeri:
It's a N5 stock at best

Last year, I agree, but now that we are experiencing a bit of economic recovery? NAY!

Hehehe, my unit cost was 5.23 last year Sept, and I pull out my capital @ 100% this Jan.

Now I wanna grab some more. I will leverage down from starting at 8.60.

essentialone1:
https://doclib.ngxgroup.com/Financial_NewsDocs/43689_GUINNESS_NIG_PLC-EXTENSION_OF_MANDATORY_TAKE_OVER_OFFER_BY_N_SEVEN_NIGERIA_LIMITED_CORPORATE_ACTIONS_APRIL_2025.pdf

GUINNESS

Anything below 120 is a FUD

Agbalowomeri:
They are seriously defending this one @9. Maybe they plan to raise funds @10

It should go below 8.

I need to load more.