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Benedictuyi's Posts

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Travel / Re: Canadian Student Visa Thread Part 22 by benedictuyi(m): 4:50pm On Nov 02, 2022
tenderjunkie:
Please what's the best bank to use in applying for FormA?

I used Stanbic IBTC in applying since August and till now no show.

A friend told me he saw someone in fidelity bank who applied last month and has his fees paid
Business / Re: Upwork Thread (Questions/Help/Advice) by benedictuyi(m): 2:21pm On Oct 26, 2022
Zhirinovsky:
Can you recommend a trusted payoneer exchanger here please?

I want to sell some payoneer funds.

Cc @codedboy95
I have some spare cash to exchange for dollar.

Let me hit you up via dm
Phones / Huawei Nova 9 by benedictuyi(m): 11:52pm On Oct 25, 2022
Hello y'all,

I am considering getting the Huawei Nova 9. However, I'm being put off by the lack of Google service.

Does anyone currently use any Huawei device, and how have you managed to navigate the Google restrictions?
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 2:59pm On Oct 23, 2022
yok:
MY OPINION ON SPOUTFI AND SOME ONE MENTIONING TROVE
Since our accounts are going to SPOUTFI under special arrangement, we will be treated fairly, at least whatever we have in our account, we can be trading with it till we get a better idea on the need to move or not.

The Nigerian APPS are not the best at this moment, the platforms are not prepared for trading Global stocks: it is either there are not enough stocks or they hang nearly everyday.
To confirm my openion on Nigeria APPs you can transfer about NGN14, OOO to Trove and come and tell the forum your experience!!! .

On SPROUFI, have they rejected your account? Many big Stockbrokers accepting people from Togo, Niger Republic etc are rejecting Nigeria residence, (Fidelity, welbull etc). So if SPOUTFI is rejecting Nigeria residence no surprise it is the norm (I don't know why, but when you mention you are from Nigeria in an International Airport outside West Africa you know what comes to mind).

[b]Cool down, if SPROUFI is accepting us on this special occasion (drive wealth is the Godfather for many medium size Stockbrokers [/b]and they may have told SPROUFI to accept all accounts from Passfolio, they have no option). Remember the Nigerians that opened account early at 212 are still using their account, therefore we should take it as a privilege that SPOUTFI is accepting us due probable to the influence of drivewealth. unfortunately drivewealth do no accept individuals as clients, they only deal with Stockbrokers (stockbroker to other Stockbrokers). If you need your peace of mind just calm down, stay with SPOUTFI as one of the few Nigerians that will have accoubt there. Trove may be okay, if you trade with $10 and you don't care with what may happen to your money if you have a trade on and the platforms hangs for 2 days. On a general note, if you can afford to trade with $200 and above, you are not a poor person and no global stockbroker will treat you shabily (except Nigeria APPs, as they believe the average person will open account WITH NGN7000 and then lose it or forget it). To be frank, Passfolio level of service was 100% better than the local APPs, the trading plaform never broke down for 2hrs continuously, for the Nigeria APPs. Plaform not working for 3 days at a stretch is a normal thing (which a good investor will never accept).

I will not comment on this matter again. Let us look to take our trading to the next level. Finally, for whoever is making a recommendation to you, go and check that person's profile and see what that person is involved in, is the person investing actively in Global stocks, than take your decision. We need to protect our money, "RETURN OF CAPITAL" MAY BE BETTER THAN EXPECTED RETURN ON CAPITAL
. Wishing everybody the best, I love every member of this forum, it is like a different set of mostly well cultured people compared with NSEMPA (I belong to the too sides.so no harm meant)
I agree with you.

Only loss I have to deal with is my crypto

1 Like

Jobs/Vacancies / Re: People Having Remote Job - How Are You Getting Paid? (pics) by benedictuyi(m): 7:52pm On Oct 06, 2022
hartson:
2%(0.02)of the fund will certainly be above compare to 30usd of wire transfer.
Depending on how much.

Anything above 1500usd, wire transfer it is

1 Like

Jobs/Vacancies / Re: People Having Remote Job - How Are You Getting Paid? (pics) by benedictuyi(m): 12:32am On Oct 06, 2022
bot101:


If you have a valid driver's license, national ID (not NIN) or international passport, create a payoneer account, and generate a checking account from payoneer for free if the people you work with are in the us, UK or Canada. Give them the bank account number, and get paid to payoneer. You can link your payoneer to your nigerian naira account and withdraw at cbn rate, or if you have a DOM account, link to it and withdraw dollars to your account, then sell to BDCs at black market rate. Alternatively, there are people on nairaland who buy payoneer and will buy it at rates slightly lesser than black market rate.
OP take this advice.

Payoneer is a well known brand recognized by reputable companies such as Fiverr and Upwork.

Payoneer has really decent rates compared to direct wire transfer to your Dom account.

Wire transfer takes a charge of not less than 30usd per transaction.

Payoneer takes 2% of the fund.

So do the maths.

People talking about grey.co, I have never heard of it until today

2 Likes

Business / Re: "No More International Transactions!" Did You Receive This? by benedictuyi(m): 12:52pm On Sep 21, 2022
Kasssandra:
Yeah, we are not earning enough dollars due to

1.Subsidy payments going up, due to higher oil prices, which means higher fuel prices...and more money being spent to keep it low...which eats into our budget

2.Falling oil production due to theft, robbery, and government doing nothing about security.

3.From 2014 till 7-8 months ago, oil prices were too low to sustain us. Now that they are high, we have to still pay off the debt we took on during the lean years...(and yes, we had to borrow, otherwise we would have ended up with salaries not being paid for 2 years .)...and even during those years, we were still paying up debts.

4.Lack of a diversified economy. We did not diversify our economy.

5.Poor tax uptake. Our tax to gdp raito is 8.1%....too low to get us enough revenue. 30% of the economically active populaiton pays income tax to the government at federal and state level. Tax leakages and corruption are a thing.

6.Corruption and stealing. Especially at contracts, subsidy level and so forth. And yes, APC hasn't changed a thing.


That's why we are in this mess.

If we removed subsidies on petrol and power, and raised our tax to gdp ratio, and really focused on fighting corruption....we might get somwhere.

Campaigning begins next week, let's see what the candidates have in the tank. I'm not optimisitic.
You hit the nail on the head

6 Likes 1 Share

Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 3:21pm On Sep 02, 2022
yok:
TODAY WE BOUGHT 2 STOCKS- THESE STOCK WERE GIVEN TO US BY THE MARKET

And for a gift like this, we will just bow and say thank you to the market: we will give the name tomorrow. But to avoid doubt that maybe we changed the names, will give the the third letter of the names today and the full name of only one tomorrow: _ _ X _, _ _ L _.

Market today not too bad,
What are the aforementioned stocks
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 12:51pm On Aug 17, 2022
OakPearl:


Though I recommended under or around $25, that wouldn’t matter again as it closed yesterday at $20.65.

But I hope you have not sold yet, because this stock showed great signs of high volatility that tells me there is more to it in the coming days beginning from today. In fact, I had free funds, I would buy at current price.

Resist the temptation of leaving too early at a loss.
I can still see some profit before the week runs out.

But be quick to jump out when you see green.
It’s looking like a roller coaster ride is setting up.
Thanks baba cheesy
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 5:53pm On Aug 16, 2022
OakPearl:

I will advice you don’t chase.
But under or around $25 is a good entry.
It’s back to $25.72 now but may not stay long before going past it today or within the week.
Got in at 26.22
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 5:07pm On Aug 16, 2022
OakPearl:


BBBY has flown to $27!!!
Over 72% gain today alone!
Blood!
Wow.
is it still ok to enter?
Investment / Re: Mutual Funds by benedictuyi(m): 11:35am On Aug 11, 2022
RayRay06677:
Good evening house, please if one has 100 shares of MTN, at the current dividend of N5.60 kobo per 2 kobo share , how much will the person be expecting? thanks

This your question nr clear.

Do you mean ₦5.60 per share OR ₦5.60 per 2 shares?
Investment / Re: Mutual Funds by benedictuyi(m): 4:59pm On Jul 21, 2022
SamNeds:


Hello people, i recently came across an advert shared by GOD is Good motors about a Stellas Digital Bank offering 15% per annum on savings....
I thought it wise to come Nairalanders to seek advise from the gurus.
Please has anyone used them for investments??
(Modify) (Quote) (Report) (Share)
You better run
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 10:41am On Jun 03, 2022
sophy17:


Skrill is rubbish!
Bank transfer is too costly.

Use gpay option on trading212 website on your laptop. Charges is 0.70% once you exceed $2000 deposit.
To be able to use gpay, you need to use a vpn. I use a paid one. I use Nord vpn. I subscribed to 2yrs at the cost of over $100. I have been enjoying it. Use your local atm card to pay converting to dollar equivalent. You need to create ac with user id and password on the Nord vpn app that you will download.
grin grin
This worked.

Only disadvantage is the dollar limit placed on our dollar card.

For VPN, kapersky offers a free plan which allows you VPN access of 200MB daily
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 5:48am On Jun 02, 2022
Willie2015:


Dont mind them....
Some of us are still have...
Trading212 as back up...
How do you manage to fund your Trading212?
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 8:40pm On Jun 01, 2022
Zero commission trading stopped on passfolio from July 1st
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 7:36am On May 19, 2022
supereagle:

Is Passfollio a stock broker that one can use to buy foreign stocks?
Yes
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 3:37pm On May 13, 2022
Thinkthegame:
Please how can I fund my trading212 account since they are no longer accepting Nigerian cards.
Just forget about it
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 2:23pm On May 12, 2022
CircleOfWilis:
That feature is not on basic Passfolio application......

it is available on passfolio. However, it does not work for fractional shares.
You will need to own complete shares
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 5:50pm On May 10, 2022
Plus10:

Ok thanks ,how long does it normally take for the fund to reflect in one's account?
Almost immediately if you funding after 12noon on business days
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 4:13pm On May 10, 2022
Plus10:
Greetings house,
Please can I fund my Passfolio account through local bank transfer?

cc yok,OakPearl,benedictuyi
Yes, you can.

Passfolio gives you a unique account number to fund your account. Just ensure you're funding it from your own account
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 9:38am On May 05, 2022
[quote author=yok post=112537534][/quote]
Thanks for your update.

Oakpearl suggested $VERU for swing trade
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 8:41am On May 04, 2022
Is it advisable to still hold on to $VERU or one should count his losses and move on?

oakPearl
posty56
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 2:39pm On Apr 30, 2022
Stan2330:

Pls I want to open an account with passfolio. it says my email address is already in use that I should sign in but to sign in has been difficult.
The truth is that I once opened an account with this particular email in passfolio but I deleted the account. So why is it difficult for me to sign up or sign in?
If you already have an account, I'll suggest you login and use the 'forgot my password' option.

Better still you can send a mail to them
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 1:02pm On Apr 30, 2022
Bluntprof:
pls sir are you on trove?
No sir.

I use passfolio
Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 4:08pm On Apr 29, 2022
moyin2009:
Please, I need help. I want to withdraw from Passfolio. Since yesterday that I sold the charge the money is not yet available for withdrawal. How long does it take. Thanks
After selling a stock, it takes 2 working days for the funds to settle in your account before you can withdraw
Politics / Re: Femi Fani-Kayode: We Must Never Rely On America To Defend Our Nation by benedictuyi(m): 7:32am On Apr 15, 2022
usmanethical:
Are you ready to discover how ₦8, 500 can change your life for better forever in Nigeria? Do you know that ₦8, 500 can open the door to owning a 3-bedroom bungalow for free for life? Can you believe that you can own a farm land with the same ₦8, 500 only? Do you want to know how to receive bonuses in cash and organic foodstuffs for free every month? How about having access to healthy foodstuffs free from chemicals? If you want to know the secrets, I’m also ready to provide information on how to get all the aforementioned mouth-watering benefits with ₦8, 500 now. This is a mega post. Let’s go!

Read more: https://starthustlenow.com/business-ideas/xtralarge-food-network-discover-how-n8-500-can-change-your-life-for-better-forever/
What's happening with xtralarge farms?
Investment / Re: Adama J: Investors Call Out CEO Of Ceepass, Viable X, Farm4me by benedictuyi(m): 5:32pm On Apr 14, 2022
Nairaland is also to blame for the fraud perpetrated by Viable X.

Nairaland actively advertised ViableX, Ceepass, and Farm4me on their platform even when it was clear as daylight that these aforementioned companies were operating a Ponzi scheme

35 Likes 2 Shares

Investment / Re: Us Stocks Pick Alert by benedictuyi(m): 4:16pm On Mar 08, 2022
OakPearl:


My sincere and heartfelt apologies to you all for my unforced, then “forced” absence due to my change of phone, loss of naira land password and emails log in details and so on!

A lot is happening that we can’t afford to miss.
The current war in Ukraine has brought about crazy jump in some oil stocks and crude oil commodity itself.
I bought INDO for $28.50 last Thursday, it has fetched me 117%. It closed at $63 yesterday.
HUSA $11.04 gave me a whopping 202% gain just yesterday alone and is looking to gain some more today before I will decide to sell. I bought it yesterday at $3.49.
Today NINE $3.59 will be making a great lip for anyone who cares to benefit.
Just jump in there, take your share, and jump out.
I have taken position in OceanPal at $1.58 yesterday. This one is on Trove. It closed at $1.26 yesterday. It should power up today for a few quid hopefully.
Good luck!
Welcome back
Crime / Re: Oyelowo Fawas: “American Prostitute” Bags 12 months Imprisonment In Ilorin by benedictuyi(m): 9:01pm On Feb 04, 2022
If the EFCC can arrest someone for posing as a prostitute to defraud victims, why can't they arrest criminals posing as 'men of God' to fleece their members?

1 Like

Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 7 by benedictuyi(m): 7:12pm On Jan 30, 2022
pete3000:


What of the cost of living for your spouse and the balance of your tuition fee?
All the above needs to be included in your pof.
Ohh. I'll include the cost of living for my spose. Thanks

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