NewStats: 3,261,855 , 8,175,378 topics. Date: Friday, 30 May 2025 at 07:33 PM 5r503d

hias2012:


I advise you stay with stanbic. You don't need to liquidate your holding in stanbic for AXA. The difference doesn't worth it. Secondly the rates fluctuate. It cld be stanbic higher than AXA tmrrow. You can run both by splitting your subsequent stakes or inflows. I have both hence my advice. Hope you find this useful.

For over a month i have monitored these MMf s.... Stanbic is the poorest and has never gone above Axa, IONE nor ARM

ajeleomo:


Are you sure about this? i have ARm and Axa also but i have monitored this week and observed that i get about 22% on ARM while i get 11.8% averagely on Axa. IONE gave 12% averagely

22%? Are you sure? That 22% might be for 2 days

I don't believe it.

ajeleomo:


Are you sure about this? i have ARm and Axa also but i have monitored this week and observed that i get about 22% on ARM while i get 11.8% averagely on Axa. IONE gave 12% averagely

Please I will like to know how I can get started with either AXA or ARM, will love to make some investment. Thanks in anticipation

ajeleomo:


Are you sure about this? i have ARm and Axa also but i have monitored this week and observed that i get about 22% on ARM while i get 11.8% averagely on Axa. IONE gave 12% averagely

It appears that ARM's rate for this week is high, but don't know what %.

Maybe cause I threatened to close my lol, interest jumped from N470 TO N776, in matter of days.

So I cancelled my liquidation process to enjoy the small profits.

Yem0350:

22%? Are you sure? That 22% might be for 2 days

Please do the Maths with a capital of N20083.42. Those are my daily report amount for this week so far on ARM

20,127.42
20,139.82
20,152.38
20,164.93
20,177.48
20,189.97

elothaddi:
I don't believe it.

Please do the Maths with a capital of N20083.42. Those are my daily report amount for this week so far on ARM

20,127.42
20,139.82
20,152.38
20,164.93
20,177.48
20,189.97

Segunade10:
Please I will like to know how I can get started with either AXA or ARM, will love to make some investment. Thanks in anticipation

I did mine through their website it was quite easy

zubixlen:
@philips, what is the implications of this on the mutual funds?

I think that is the rate mutual funds operators make while they serve us peanuts.

If you put the dates for the various figures in the daily report then it will be a clear a little bit. Also note that the differences between all these (20,127.42, 20,139.82, 20,152.38, 20,164.93, 20,177.48) are almost same, meaning same interest rate.

ajeleomo:


Please do the Maths with a capital of N20083.42. Those are my daily report amount for this week so far on ARM

20,127.42
20,139.82
20,152.38
20,164.93
20,177.48
20,189.97

Etimocracy:
How do I liquidate my funds from stanbic ibtc. Getting a response that the minimum of 5000 naira would be retained as I tried redeeming online, I wanna finally settle for AXA Mansard. Any helpful response would be greatly appreciated.

One thing you must know is that these guys dont really compete, they operate like a cartel, one gains this month, the other next and so on, on an annual average, they are just the same, dont waste your time.

Good evening guys, Is it possible for one's interest to reduce in the StanbicIBTC mmf app.

ajeleomo:


Please do the Maths with a capital of N20083.42. Those are my daily report amount for this week so far on ARM

20,127.42
20,139.82
20,152.38
20,164.93
20,177.48
20,189.97

Lmao ...if you claim you are earning N44 a day on your mutual fund, It means in 365 days, you'd get N16,060 . An annual interest rate of 80%. Does my calculator have a glitch or is this beans not done?

AbbyE:


Lmao ...if you claim you are earning N44 a day on your mutual fund, It means in 365 days, you'd get N16,060 . An annual interest rate of 80%. Does my calculator have a glitch or is this beans not done?

Your calculator is surely faulty, cos the earnings are averagely 12.4 or there about. Calculate again

AbbyE:


Lmao ...if you claim you are earning N44 a day on your mutual fund, It means in 365 days, you'd get N16,060 . An annual interest rate of 80%. Does my calculator have a glitch or is this beans not done?

He said his earnings for this week alone...
He makes about 12 naira everyday which means he gets about 22%p.a.
I'm tempted to move already. But the website shows 12.3xx%

Adayoung:
Good evening guys, Is it possible for one's interest to reduce in the StanbicIBTC mmf app.

After reading your question, I logged in to check mine and it surely was so confusing. Now I'm ing you to ask the experienced guys if interest reduces cos I don't understand these guys

Ifelove1:


He said his earnings for this week alone...
He makes about 12 naira everyday which means he gets about 22%p.a.
I'm tempted to move already. But the website shows 12.3xx%

Still better that Stanbic that has not moved 11.54 since I subscribed. Can't wait for one month to elapse so I can get moving.

Ifelove1:


He said his earnings for this week alone...
He makes about 12 naira everyday which means he gets about 22%p.a.
I'm tempted to move already. But the website shows 12.3xx%

oh I see

I did capital 20,127.42 for day 1 less capital of N20083.42.

I don’t think it is high but it is reconcialiation. Some of your money were not calculated before. I notice this more in the first month after dividends payment. If you really want to confirm this better. Use the average rate for the month and calculate for the 19 days that have ed this month you will realize that the interest is not double.

It appears that ARM's rate for this week is high, but don't know what %.

Maybe cause I threatened to close my lol, interest jumped from N470 TO N776, in matter of days.

So I cancelled my liquidation process to enjoy the small profits. [/quote]

hias2012:


I advise you stay with stanbic. You don't need to liquidate your holding in stanbic for AXA. The difference doesn't worth it. Secondly the rates fluctuate. It cld be stanbic higher than AXA tmrrow. You can run both by splitting your subsequent stakes or inflows. I have both hence my advice. Hope you find this useful.

If only people would understand.

ajeleomo:


I did mine through their website it was quite easy

Thanks so much, I did check the website and I ed the form but I didn't see where to fill the duration of my investment.
Also about the duration of investment, can I make it monthly, quarterly or yearly because I currently have one with GTBank which is for 6months with interest rate of 10%

Please anyone that is knowledgeable about AXA OR ARM, Please drop your number and I will give you a call to know about the interest rate, security of my investment and how to get started fully. Thanks

Apitch:

After reading your question, I logged in to check mine and it surely was so confusing. Now I'm ing you to ask the experienced guys if interest reduces cos I don't understand these guys

I also notice the decrease but i guess the amount decreased is usually added to your principal and reinvested..... Just a guess though, wait for update from those with much experience shaa.....

Fan01 here u go

Segunade10:



Thanks so much, I did check the website and I ed the form but I didn't see where to fill the duration of my investment.
Also about the duration of investment, can I make it monthly, quarterly or yearly because I currently have one with GTBank which is for 6months with interest rate of 10%

I did not form
i Just ed online and did bank transfer to the details provided by them
Then submitted documents online for KYC

kayrukky:
I don’t think it is high but it is reconcialiation. Some of your money were not calculated before. I notice this more in the first month after dividends payment. If you really want to confirm this better. Use the average rate for the month and calculate for the 19 days that have ed this month you will realize that the interest is not double.

It appears that ARM's rate for this week is high, but don't know what %.

Maybe cause I threatened to close my lol, interest jumped from N470 TO N776, in matter of days.

So I cancelled my liquidation process to enjoy the small profits.

well i cant really say this is the case for me but i will continue to monitor to see when the 22% will stop
I will also notify the house when this happens

ajeleomo:


well i cant really say this is the case for me but i will continue to monitor to see when the 22% will stop
I will also notify the house when this happens

Just checked against yesterday and i got 20,196.05 which gave me 11.05% on ARM

alezzy13:


If only people would understand.

Understand what sir?
Other MMF are still giving interest above 11% but for the parst two days Stanbic have even gone below 11%
I got 10.56 and 10.98% pls tell me what i need to understand?

Segunade10:



Thanks so much, I did check the website and I ed the form but I didn't see where to fill the duration of my investment.
Also about the duration of investment, can I make it monthly, quarterly or yearly because I currently have one with GTBank which is for 6months with interest rate of 10%

There is no fixed rate and you can liquidate anytime you want

emmas2k570:


I also notice the decrease but i guess the amount decreased is usually added to your principal and reinvested..... Just a guess though, wait for update from those with much experience shaa.....

Yes! You are very correct! Once in a week or in 8days Stanbic mmf removes part of your interest and adds it to your principal amount compounding the money.... This is reinvested giving you better profits

Most MMF wait for 3months before doing this

ajeleomo:


I did not form
i Just ed online and did bank transfer to the details provided by them
Then submitted documents online for KYC

I will like to also, how do i go about it cause I don't even know the website..

Would like to know more about fbm mmf

Urgent please

Good Day All,

I'm having this thought, I will appreciate if someone can throw more light on this.

Aside from the profit which is paid on a daily basis, On the 16th,17th and 18th of this month, I got interests of 22k, 2k and 25k which was automatically reinvested to my capital without my available balance been increased . This I guess is standard for everyone who opted for their profit to be reinvested.

However, what if my interest was paid to my bank and I reinvested to MF on my own? My capital will be increased and so will my available balance.

Please if the aforementioned is not inline, I would really appreciate further clarification.

Thanks.