Tuesday, January 23, 2024

How the StanbicIBTC Imaan Fund Can Help You Achieve Your Halal Investment Goals

Are you a Muslim who wants to invest your money in a way that is compliant with the Shariah principles? Do you want to earn competitive returns without compromising your values? If yes, then you might be interested in the StanbicIBTC Imaan Fund, a mutual fund that offers you a halal investment option in Nigeria.

What is the StanbicIBTC Imaan Fund?

The StanbicIBTC Imaan Fund is a mutual fund that invests in Shariah compliant equities and other assets such as Sukuks, which are Islamic bonds. The fund is managed by StanbicIBTC Asset Management Limited, a leading asset management company in Nigeria, and supervised by an Advisory Committee of Experts, who ensure that the fund adheres to the Shariah guidelines.

The objective of the fund is to achieve long-term capital appreciation by investing in a diversified portfolio of companies that are screened for their ethical, social, and environmental impact, as well as their financial performance. The fund avoids investing in companies that are involved in activities such as gambling, alcohol, tobacco, pork, interest-based finance, weapons, and entertainment that are contrary to the Islamic values.

What are the benefits of investing in the StanbicIBTC Imaan Fund?

By investing in the StanbicIBTC Imaan Fund, you can enjoy the following benefits:

  • Halal investment: You can invest your money in a way that is in line with your faith and beliefs, and avoid earning income from prohibited sources.
  • Professional fund management: You can benefit from the expertise and experience of the fund managers, who have a track record of delivering consistent returns and managing risks.
  • Diversification: You can reduce your exposure to market volatility and enhance your returns by investing in a variety of Shariah compliant assets across different sectors and markets.
  • Convenience: You can easily subscribe and redeem your units online or through the StanbicIBTC mobile app, and access your account statements and performance reports anytime, anywhere.
  • Flexibility: You can start investing with as low as N5,000, and make additional investments or withdrawals at any time, subject to the minimum holding period of 90 days.
  • Security: You can invest with confidence, knowing that your money is safe and regulated by the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE).

How can you invest in the StanbicIBTC Imaan Fund?

To invest in the StanbicIBTC Imaan Fund, you need to follow these simple steps:

  • Open an instant account online or fill out a subscription form and submit it at any branch of StanbicIBTC nationwide, along with your passport photograph, government-issued identity card, and proof of address.
  • Receive your e-account number via email and transfer the amount you want to invest to the designated bank account, using your e-account number as reference.
  • Receive confirmation of your investment and start enjoying the returns.

You can also top up your investment, monitor your portfolio, and redeem your units online or through the StanbicIBTC mobile app.


The StanbicIBTC Imaan Fund is a great opportunity for Muslims who want to invest their money in a halal way and earn competitive returns. The fund offers you a diversified portfolio of Shariah compliant equities and other assets, managed by professional fund managers and supervised by an Advisory Committee of Experts. You can also enjoy the convenience, flexibility, and security of investing online or through the StanbicIBTC mobile app.

If you are interested in investing in the StanbicIBTC Imaan Fund, you can visit their website or contact them for more information. You can also check out other halal investment options in Nigeria, such as Lotus Capital LimitedCowrywise, and Government Sukuk Bond.

Disclaimer: This blog post is for informational purposes only and does not constitute investment advice. You should consult a financial advisor before making any investment decisions. The performance of the StanbicIBTC Imaan Fund is not guaranteed and may vary over time. Past performance is not indicative of future results. You may lose some or all of your investment. Terms and conditions apply.

Saturday, December 9, 2023

Top 5 Must-Try Nigerian Street Foods You Won't Regret

Nigeria is a land of vibrant culture, rich history, and of course, incredible cuisine. Beyond the traditional dishes you might find in restaurants, lies a whole world of street food waiting to be explored. Packed with flavor and often surprisingly affordable, these culinary creations are a true taste of Nigerian life.

If you're looking to experience the best of Nigerian street food, here are five must-try options you won't regret:

1. Suya: This skewered meat dish is a ubiquitous sight on Nigerian streets. Typically made with beef, ram, or chicken, the meat is marinated in a blend of spices and then grilled to perfection. The result is a flavorful, smoky treat that's perfect for snacking.

2. Akara: These savory bean fritters are a popular breakfast and snack food in Nigeria. Made from mashed black-eyed peas, onions, and spices, they are then deep-fried until golden brown. Crispy on the outside and soft on the inside, akara are often served with bread or pap (a porridge made from corn).

3. Boli and Eja: This classic street food combo features roasted plantain (boli) and grilled fish (eja). The plantain is usually sold by street vendors who grill it over charcoal until it's soft and sweet. The fish is typically grilled whole and served with a spicy pepper sauce.

4. Puff Puff: These golden brown donut holes are a popular snack throughout Nigeria. Made from a simple dough of flour, yeast, sugar, and nutmeg, they are deep-fried until fluffy and light. Puff puffs are often enjoyed plain, but can also be dusted with powdered sugar or dipped in honey.

5. Agege Bread: This slightly sweet bread is a staple in Nigerian households. It's typically baked in a wood-fired oven, giving it a unique flavor and texture. Agege bread is perfect for making sandwiches, toast, or simply enjoying on its own.

Beyond the Food:

While the food itself is a major draw, the experience of enjoying Nigerian street food is equally important. The vibrant atmosphere, the friendly faces you'll meet, and the feeling of being part of something truly authentic are all part of what makes it so special.

So next time you find yourself in Nigeria, be sure to venture out and explore the world of street food. You might just discover your new favorite dish!

Wednesday, November 29, 2023

How to Earn Extra Income and Enjoy Flexible Work Hours as an Uber Bicycle Delivery Partner in Lagos

Are you looking for a way to earn extra income while enjoying the freedom of working on your own schedule? If you have a bicycle and a smartphone, you might be interested in joining Uber as a delivery partner in Lagos.

Uber is a global company that connects people who need rides or deliveries with drivers and riders who offer these services. Uber has recently launched its delivery service in Lagos, , which allows customers to

send and receive packages via bicycle delivery including food, parcels and other personal items.

To meet this demand, Uber is looking for bicycle owners who want to become delivery partners and  deliver items for customers. As a delivery partner, you will use the Uber app to receive delivery requests, pick up the item from the pick-up location, and deliver it to the delivery location. You will get paid for each delivery you complete, and you can keep 100% of your tips.

Benefits of becoming an Uber Bicycle Delivery Partner:

You can work whenever you want, as much or as little as you want. You are your own boss and you set your own schedule.

You can earn extra income by delivering orders to customers. You will get paid weekly and you can track your earnings on the app.

You can explore the city and discover new places and while delivering orders.

Requirements to become an Uber Bicycle Delivery Partner:

You must have a bicycle that is in good condition and meets the safety standards.

You must have a smartphone that can run the Uber app and has GPS and internet access.

You must have National Identity Number (NIN) and a bank account.

How to apply to become an Uber Bicycle Delivery Partner

If you are interested in becoming an Uber Bicycle Delivery Partner in Lagos, please contact me on WhatsApp via 08085404500. I will be happy to assist you being an Uber Hero and guide you through the process for free. I look forward to hearing from you soon.

Thursday, September 7, 2023

Brand New Terrace House for Rent in Ajah




Newly built 3 bedroom Terrace House

Harmony Estate, Langbasa, Ajah, Lagos

Rent N2m

Agency N100k

Agreement N100k

Caution N100k 

Annual charge (security & compound cleaners) N300k 

Total package: N2.6m

Call or WhatsApp- 08085404500 if interested.

Thursday, May 4, 2023

Get the Car You Need with Hire Purchase in Nigeria: A Guide to Financing Your Ride

Hire Purchase options in Nigeria

Are you in need of a car but don't have the funds to buy one outright? Hire purchase may be a great option for you. This type of financing agreement allows you to pay for a car in installments over a period of time, making it easier to afford the car you need. I often get calls from drivers looking to work on Uber, Bolt, Indrive (formerly Indriver), Rida and others asking about how to get a car to start work. Hire purchase agreement is a great way to enter the business at a lower cost and you have the ambition of ensuring the car becomes yours after completing all your installments. If you are hardworking and focused, this is totally achievable.

If you're considering getting a car on hire purchase in Nigeria, there are a few things to keep in mind. First, you'll need to decide on the type of car you want and the budget you have available. It's important to choose a car that meets your needs and fits your budget to ensure that you can afford the monthly payments.

Once you've decided on the car and the terms of the hire purchase agreement, it's time to find a lender. There are many lenders in Nigeria that offer hire purchase agreements, including banks, car dealerships, and independent financing companies. It's important to shop around and compare the different options to find the best deal for your needs.

Some reputable companies providing Hire Purchase services in Nigeria include:

Jaiz Bank Plc: Jaiz Bank is a bank that offers ethical financing and they offers hire purchase agreements for cars, trucks, and other vehicles. They offer flexible repayment terms of up to four years and financing is based on the concept of cost plus mark-up. The Bank purchases the vehicle and sells to the customer with reasonable markup (otherwise called profit) on a deferred payment basis.

Lotus Bank Plc: Lotus Bank is another bank that offers ethical financing and they offers hire purchase agreements for cars. They offer flexible repayment terms of up to five years and financing is available for buying a brand-new car or a fairly used car. You must be between 24-50 years old to be considered. 

based on the concept of cost plus mark-up. The Bank purchases the vehicle and sells to the customer with reasonable markup (otherwise called profit) on a deferred payment basis.

Cars45: Cars45 is a popular car dealership in Nigeria that offers hire purchase agreements for both new and used cars. They offer quick approval and flexible repayment terms.

Sterling Alternative Finance (SAF): SAF is the ethical banking subsidiary of Sterling Bank and they have quite a flexible approach to car financing. They add a mark-up to the purchase price. Currently, the mark-up is at 27% and the time of repayment for the car financed depends on the kind of car your purchase:

  • Brand new vehicle – Pay over 5 years.
  • Foreign used vehicle – Pay over 4 years.
  • Locally used vehicle – Pay over 3 years

Once you've found a lender and agreed on the terms of the hire purchase agreement, you'll need to provide the necessary documents, including proof of income, proof of address, and proof of identity. You'll also need to provide the lender with the details of the car you're purchasing.

Once your hire purchase agreement is approved, you'll be able to take delivery of the car and start making your monthly payments. It's important to make sure that you make your payments on time and in full to avoid any additional charges or penalties.

In conclusion, getting a car on hire purchase in Nigeria can be a great option for those who need a car but don't have the funds to buy one outright. By choosing the right car, lender, and terms, you can get the car you need and spread the cost over a longer period. With the variety of lenders available in Nigeria, you can find the best hire purchase agreement for your needs and budget.

Thursday, April 27, 2023

How to Solve the Problem of Failed Transfers in Nigeria

Nigeria's economy has been experiencing challenges in the financial sector, particularly with failed transfers. Failed transfers have become a major issue for Nigerians, causing frustration and inconvenience, and leading to economic losses. However, with the advent of Opay, the solution to this problem is within reach. Opay is a financial technology company that has been making waves in the Nigerian market, offering innovative solutions to financial challenges. In this post, we will explore the problem of failed transfers in Nigeria, the role of Opay in solving this problem, and the impact of Opay's solution on Nigeria's economy.

The problem of failed transfers in Nigeria is a complex issue that has had significant impacts on the country's economy and social fabric. One major reason for failed transfers is the lack of reliable and secure payment systems, which often results in money being lost or stolen during transactions. Additionally, corruption and bribery are widespread in Nigeria, and this has resulted in many transfers being diverted to unauthorized recipients or simply disappearing altogether. Furthermore, bureaucratic inefficiencies and delays in processing transfer requests have also contributed to the problem, as individuals and businesses may have to wait for weeks or even months before their transfers are completed.

To address these issues, the Nigerian government has made efforts to improve its payment systems and crack down on corruption, but progress has been slow. Ultimately, the problem of failed transfers in Nigeria is a symptom of deeper structural issues that will require a concerted effort from both the government and private sector to resolve.

Opay is a mobile payment platform that has revolutionized the way Nigerians conduct financial transactions. One of the key challenges faced by users of traditional banking systems is the issue of failed transfers. Failed transfers occur when funds are debited from the sender's account but are not credited to the receiver's account. This can be particularly frustrating for both parties involved, and can lead to a loss of trust in the banking system.

Opay has been able to address this challenge through its innovative technology and customer-centric approach.  An important factor in the success of mobile payment platforms is the ability to provide a seamless and reliable user experience. Opay has been able to achieve this by investing in state-of-the-art technology and by providing round-the-clock customer support to its users. Additionally, Opay has been able to leverage its vast network of agents to provide on-the-ground support to customers, particularly in areas with limited access to traditional banking services.

By providing a reliable and convenient alternative to traditional banking systems, Opay has played a critical role in solving the challenge of failed transfers and has helped to build trust in the Nigerian financial system.

The emergence of mobile money solutions in Nigeria has had a significant impact on the economy. Opay, a mobile money platform, has provided a solution to the challenges of financial inclusion and banking inaccessibility in the country. The adoption of mobile money solutions by firms such as Opay has led to the democratization of banking services, enabling more people to access financial services, which has resulted in increased economic growth. Increased access to financial services has also led to an increase in financial literacy, which has contributed to the growth of small and medium-sized enterprises (SMEs) in the country. Additionally, the use of mobile money solutions has led to increased transparency and accountability in financial transactions, reducing the risk of fraud and corruption.

Opay's solution has also provided employment opportunities for Nigerians, as the platform requires a significant workforce to operate efficiently. Overall, the impact of Opay's solution on Nigeria's economy has been significant, as it has provided a solution to the challenges of financial inclusion and has contributed to economic growth, financial literacy, transparency, accountability, and job creation.

In conclusion, the problem of failed transfers in Nigeria has been a major issue for Nigerians, causing frustration and inconvenience, and leading to economic losses. However, companies such as Opay have been able to address these challenges through their innovative technologies and customer-centric approaches. Opay's solution has had a significant impact on Nigeria's economy, contributing to financial inclusion, growth, and job creation. With continued innovation and investment, it is likely that mobile payment platforms such as Opay will play an increasingly important role in Nigeria's economic development.

You can register on Opay in Nigeria and start enjoying fast and convenient transfers by clicking here.


Tuesday, April 4, 2023

Get the Electronic Salat Teaching Mat for Muslims in Nigeria

Sajadah Electronic Prayer Mat

Are you looking to improve your Salat experience? The Sajadah electronic salat teaching prayer mat is here to make the process of learning and perfecting Salat easier and more efficient for Muslims - young or old, revert or raised as a believer.

This prayer mat comes equipped with advanced technology that allows you to learn and recite prayers accurately, at your own pace, and in the comfort of your own home. It is designed to help Muslims perform their daily prayers in the best possible way and is perfect for those who want to learn to pray or those who want to perfect their prayer techniques. The electronic salat teaching prayer mat has a built-in speaker that plays a recording of the prayers as you move through the different positions. This way, you can easily follow along and focus on your prayer without worrying about missing a step. The process is intuitive and easy to follow, making it perfect for beginners. The electronic salat teaching prayer mat is designed to improve your overall prayer experience and make maintaining a regular prayer schedule more manageable. It is made from high-quality materials that are durable and long-lasting, so it is an investment that will continue to benefit you for years to come.

Key Features

-This is a prayer mat designed to educate Adult, teens, kids and Muslim reverts/converts on how to perform the Muslim prayer in a fun and enjoyable way.

- It can teach about the different times of salah, and the various bodily movements and positions, and what to say during them.

-This prayer Mat accurately records the contents of worship and standard movement tips, so that user can learn how to pray anytime and anywhere.

-The interactive prayer mat is touch sensitive and has pre-recorded keys that can be touched to reveal the sound, such as prayer times, how to do wudu, recite surahs, say duas, and much more.

Key Features

-Easy to use

-High quality and Inexpensive

-Exquisite Workmanship

-Durable in use

-Well Made

The Sajadah electronic salat teaching prayer mat is a valuable tool for any Muslim. With its innovative features and ease of use, it is sure to enhance your prayer experience and allow you to connect with your faith in a more meaningful way.

To purchase the Sajadah Electronic Salat Mat in Nigeria, please contact Nigerian Muslim Wears via Whatsapp on 07069373886.
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