NewStats: 3,261,660 , 8,174,684 topics. Date: Friday, 30 May 2025 at 01:27 AM 1v1i6e

MelaninGemstone:
Hello sir Emmasoft, my uncle transferred some money to the around 5PM yesterday. How long will it be posted ? Will he have to call them ? Or it’s automatically done

He sure put his e- number on the Narration/Remarks/Reference

It's automatically, since his e- number was used as narration, it will reflect today.

Please note that any deposit made after noon will have value and reflect the next business day. Check the by the close of business today; it will be reflected. Before then, he will get an email to indicate his subscription.

MMF is a well-structured investment and very safe—no need to be afraid or panic. Your uncle's money is in safe hands.

Gvstavo:


Could you please comment on the Ghana debt restructuring and Eurobond defaults. What does this even mean for individual investors like you and I? I hope Nigeria will not suffer a similar fate in the near future? Your thoughts

@Gvstavo, in summary to what @emmaodot explained, what happened in Ghana simply means investors will suffer some loss ie get less than what is expected. It can happen anywhere, hence Bonds are classified as medium risk. Sincerely, no investment is risk-free.

MelaninGemstone:
Hello sir Emmasoft, my uncle transferred some money to the around 5PM yesterday. How long will it be posted ? Will he have to call them ? Or it’s automatically done

He sure put his e- number on the Narration/Remarks/Reference

Transfers made before 12noon on a business day reflects same business day while transfers made after 12noon reflects on the next business day. So your uncle's money should reflect later today.

Norrenberger Dollar Fund

Hedge your naira against inflation and devaluation plus earn a return of 10.67% by investing in the Norrenberger Dollar fund.

Unique features:

Accepts naira deposit
Cash (dollar) deposit

Complete the attached form and get in touch.

emmasoft:


It's automatically, since his e- number was used as narration, it will reflect today.

Please note that any deposit made after noon will have value and reflect the next business day. Check the by the close of business today; it will be reflected. Before then, he will get an email to indicate his subscription.

MMF is a well-structured investment and very safe—no need to be afraid or panic. Your uncle's money is in safe hands.

Hello sir, so the money has reflected in his stanbic money market but no email confirmation of subscription was sent though

Also, when would the interest payments start coming in?

MelaninGemstone:
Hello sir, so the money has reflected in his stanbic money market but no email confirmation of subscription was sent though

Also, when would the interest payments start coming in?

The email is secondary confirmation, there could be network issues but the fact that the money is reflected settles it.

Interest will be accrued in your . The interest for the day will be posted the next business day, however, if it's not posted it doesn't mean you have lost the interest, the arrears will be posted.

Just watch out by the 30th of Sept, the accrued interest will be reinvested if that is your option or will be credited to the ed bank .
Interest is reinvested at the end of each month or paid to investors' s at the end of each quarter depending on your option regarding your interest during registration or your instruction to the fund manager at any particular time.

You can always monitor how your interest accrues by checking the on the web portal or using the app.

Money market fund has been performing well so far

If you have Stanbic IBTC MMF ,can you open another and please,how it's done online without going to the office.

Good morning,have gotten the , if I pay with a card will I be able to input my e details

kemshade:
Good morning,have gotten the , if I pay with a card will I be able to input my e details

It's better to use a normal bank transfer and write your e- number as narration. If you pay with a card it will take two working days for your money to reflect.

Bababull:
If you have Stanbic IBTC MMF ,can you open another and please,how it's done online without going to the office.

Yes, you can open another online. Click the first link on my signature, scroll to money market fund, and click buy now, respond to the form as a new subscriber, and complete the form. A new e- will be sent to you.

emmasoft:


It's better to use a normal bank transfer and write your e- number as narration. If you pay with a card it will take two working days for your money to reflect.

Thank you

Thanks for your response Mr Emma.I will do as you have instructed

Another Quarter ends in 10 days

Don't let those eating their fruits make you eat your seed.
Be wise!
Plant your seed now. (Invest no matter how small)
You will get your fruits (interest/dividends) in due season

emmasoft:
Another Quarter ends in 10 days

Don't let those eating their fruits make you eat your seed.
Be wise!
Plant your seed now. (Invest no matter how small)
You will get your fruits (interest/dividends) in due season

Why is FBNQUEST MMF yield historically higher than that of Stanbic IBTC?

Polchiz:

Why is FBNQUEST MMF yield historically higher than that of Stanbic IBTC?

Rates of MMFs are valued daily and depend on the valuation of the current underlying assets. They all vary and are always in the same range with about 1 to 1.5% difference in most cases, which could be more or less. It's not always a case of one higher than the other. The one that seems higher now can get lower in another period.
Basically, MMF rates are always in a range across the industry.

I figured online redemption of Stanbic MMF has limit of 2.5m? is that monthly or daily?

adilimudassir:
I figured online redemption of Stanbic MMF has limit of 2.5m? is that monthly or daily?

Redemption limit should be per withdrawal
Abi no be so? @emmasoft

Am having issues trying to someone online. At the end of it won't let me submit the final stage. Something pops up at the right saying, Eror [Object Object]

Any idea will help

enque:


Redemption limit should be per withdrawal
Abi no be so? @emmasoft

This is how it works:

For the app, the withdrawal limit is 1m
On the web portal, it's also 1m by default but you can increase the withdrawal limit to 5m max.

Using the redemption form, it's unlimited. With the form you can liquidate your investment even if it's in hundreds of millions.

So, the amount involved often determines the channel to use for the redemption.

Susantice:
Am having issues trying to someone online. At the end of it won't let me submit the final stage. Something pops up at the right saying, Eror [Object Object]

Any idea will help

This has to do with javascript and display issues. You can use a different browser or wait, by Monday give them a call to ask if they received your application because your application may have been submitted, it's just a display issue.

emmasoft:


This is how it works:

For the app, the withdrawal limit is 1m
On the web portal, it's also 1m by default but you can increase the withdrawal limit to 5m max.

Using the redemption form, it's unlimited. With the form you can liquidate your investment even if it's in hundreds of millions.

So, the amount involved often determines the channel to use for the redemption.

Noted. This redemption form can only be gotten in Stanbic bank? Or can it be accessed online?

coolestDre:


Noted. This redemption form can only be gotten in Stanbic bank? Or can it be accessed online?

You can it from the Stanbic Asset Management website or send a mail to customer care asking for the form.

Regarding mutual funds, don't always equate Stanbic bank with the Asset management arm of the Holdco. They will indeed tell you to go to any Stanbic bank branch to get the services you need, sincerely if you want to get prompt and good service deal with the Asset management arm directly. Some of the bank staff may not even understand what you mean sometimes when you decide to go through the bank for anything relating to mutual funds. Most times you can even get what you need faster on this thread than going to a Stanbic bank branch.

emmasoft:


You can it from the Stanbic Asset Management website or send a mail to customer care asking for the form.

Regarding mutual funds, don't always equate Stanbic bank with the Asset management arm of the Holdco. They will indeed tell you to go to any Stanbic bank branch to get the services you need, sincerely if you want to get prompt and good service deal with the Asset management arm directly. Some of the bank staff may not even understand what you mean sometimes when you decide to go through the bank for anything relating to mutual funds. Most times you can even get what you need faster on this thread than going to a Stanbic bank branch.

Thank you sir

Okey thank you

emmasoft:


This has to do with javascript and display issues. You can use a different browser or wait, by Monday give them a call to ask if they received your application because your application may have been submitted, it's just a display issue.

To stay on a safe lane without panic stay with Stanbic MMF. Thank me later 🔥👍😎. Click on my signature to .

How come people I referred on stanbic mmf, are not showing on my referrals dashboard. What is happening, I have sent email and make calls, yet they are unable to rectify the problem. Does it mean the referrals program in stanbic mmf is a scam?

Susantice:
How come people I referred on stanbic mmf, are not showing on my referrals dashboard. What is happening, I have sent email and make calls, yet they are unable to rectify the problem. Does it mean the referrals program in stanbic mmf is a scam?

Same here

Susantice:
How come people I referred on stanbic mmf, are not showing on my referrals dashboard. What is happening, I have sent email and make calls, yet they are unable to rectify the problem. Does it mean the referrals program in stanbic mmf is a scam?

I have told people here that the referral programme is a sham because the staff ing/documenting them would just add them to his or her own and get the benefits but you guys won't listen.

Do referrals only if you feel they have done well for and you can recommend them for others not because you will get any benefits. Except you are a staff with them or related to them in a way, they'll never reward you for referrals.

Now I have learnt alot about thisreferral program,
its a total waste of time. They are not truthful about this aspect, and it doesn't make sense, this isn't fair

freeman67:


I have told people here that the referral programme is a sham because the staff ing/documenting them would just add them to his or her own and get the benefits but you guys won't listen.

Do referrals only if you feel they have done well for and you can recommend them for others not because you will get any benefits. Except you are a staff with them or related to them in a way, they'll never reward you for referrals.

Use All in one medium to earn more

Click the third link on my signature to start.

dear emmasoft, Please what is the current rate for Norrenberger dollar fund?