₦airaland Forum

Yolarhh:
I quoted you here cause I was not given the chance to reply the post. I pm you cause I wanted to chat with you concerning france process as I am planning to study abroad.

Sorry to say, myself I have never been to France. I have traveled to other countries but France is still on my bucket list and that's why I follow those thread to read/learn from experiences of others who have been there before.

Yolarhh you PM ed me thats why I am quoting you here. We can talk on this thread, it's ok

THE FIVE LAWS OF GOLD
1. Gold cometh gladly and in increasing quantity to any man who will put by not less than onetenth of his earnings to create an estate for his future and that of his family.
2. Gold laboureth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
3. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.
4. Gold slip peth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.
5. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.
-richest man in babylon-

Sicilyjoe:
In a normal day 1.2 to 1.3m will land this car

Well, today is not a normal day

ahiboilandgas:
sorry I mean he think the manpower required to earn 1000 usd is same with 1000 naira ..

You have succeeded in confusing me.

Tabuse2024:
Exactly! Good that you mentioned the Japanese Yen. The average person living in Japan has no business with monitoring Dollar/Yen exchange rate even though it is as you said about 120yen to a dollar....it makes no difference to him or her.

The Yen provides a very strong purchasing power to them, they have access to top class education, healthcare, security, good food, rent....you see what I am trying to point out. I think we are reaching an agreement on this discussion. Japan produces major of what they consume up to technology.

Economic policies in Nigeria should align, recognizing all the failures of building a vibrant economy and how much this has cost us, and find ways to do better. All these kangaroo policies that CBN has been messing with lately,...I'm not sure wherne we are headed to.

God bless you

Franky826:
It's not looking good with MMF either.
Massive drop of 4.16% today from 4.38% yesterday
FBN MMF

Where do you get the rates from?? Their site has not been updated since 10th Sept.
https://fbnquest.com/asset-management/historical-funds/

muykem:
You are making a big mistake, no northerners include Atiku and Tambowa want restructuring. Restructuring is not a party issue but ethnic issue.

Is good governance too an ethnic issue? Atiku and tambowal won't want restructuring because it will stop the national cake from coming to their pockets and not because it will make their ethnicity inferior on the contrary restructuring will make every ethnic group stand out, put their best to build their region except if you are telling me that there are more parasite than productive ethnic groups.

Leezah:
Pls thank the author of this piece for me. I like it raw as it is�

THE VALUE OF THE NAIRA: A REVELATION THE VALUES OF NIGERIANS!

A currency's value is what is can fetch those who use it as a means of exchange!

In other words the value of a currency is it's purchasing power in the market right??

Those in America use dollars and those in the UK use pounds sterling. Emiratis use Dirhams and Indians Rupees. Nigerians therefore use the Naira.

The Naira today, is equivalent to 600 units to the GB£ and 500 units to the US$.

Though we are quick to lampoon the Naira as worthless, but let us compare how much value each of these currencies equivalents fetch their owners/holders, within their borders?

I totally agree with you on this as such there is no need to compare currencies of different countries except for the purpose of traveling there or for a business that needs forex

In the US, a dollar ($) may not buy you more than a small bottle of water, while N500 will buy you a pack of 12 of the same bottles of water in Nigeria!

A pound (GB£) may not buy you even a small loaf of bread in London, but in Lagos, N600 will buy you and your partner, breakfast for 2, consisting of one N250 big loaf of bread, 4 fried eggs and 2 bottles of water!

Days ago, I bought 50 pcs of medium size oranges from the Ketu fruit market for N1,000, that's just $2! I bought 3 pineapples for N500 ($1)!

A litre of fuel costs N160 in Lagos, but cost $0.86 (N430) in New York! While I know people who pay cad1,700 (N500,000) per month for their glorified room and parlour self-contained in Ottawa, that is what a friend pays in 6 months, for a 2 bedroom apartment, with separate toilet, bathroom and proper kitchen, in Dolphin Estate, Ikoyi!

So why do Nigerians make so much noise over the value of their currency, when it still fetches them more value than the other currencies that they pitch the Naira against? The answer is simple: the "values" of Nigerians!

This is where I totally and completely disagree with you. If the value of a currency is it's purchasing power in the market then NO, naira doesn't fetch more value than other currency with which it is been pitched against. Though we should not be comparing in the first place because they live in US, earn in $ and spend in dollars while we live in Nigeria, earn in naira and spend in naira but the truth is that their dollars gives them more value than our naira gives us if you are talking purchasing power, you shouldn't be putting $1 or £1 side by side 500naira or 600naira respectively. The value their $1 will give them in the market place, our 1naira will NEVER give us same value. Apparently you will need more naira to buy what a dollar will buy.
Less money, more goods it can purchase= more value.
More money, less goods it can purchase= less value.
As you said 86 cents can buy you a litter of fuel in New York, can 86kobo buy you a litter of fuel in Lagos? Is that more or less value?
Yes £1 can not get you a loaf of bread but £600 will get you way more than just a breakfast for 2, consisting of one N250 big loaf of bread, 4 fried eggs and 2 bottles of water! Which is the best a 600 Naira can offer.
For Nigerians earning in Nigeria and spending in Nigeria, the naira is increasingly becoming more value less day by day because if I could buy 5 oranges yesterday with just 50naira and today same 50naira can offer me only but 3 oranges it shows that my 50naira is giving me less value than it should but if I can get a clean hair cut with$10 yesterday and I still get the same hair cut at same amount or even less, it means my $10 is giving me value. As such, you can't and shouldn't say naira will give me more value (purchasing power) in Nigeria than the dollar will give in the US.

While Nigerians reacted with consternation at Dino Melaye's obnoxious display of his stolen wealth, the average Nigerian behaves exactly like Dino Melaye! From the man on the streets to the Churchpreneurs who claim to represent God!

They produce nothing, but want to flaunt everything!

Someone lamented to me about his wife's tenant, who has failed to pay N120,000 rent, for nearly a year, but slaughtered a ram and made festivities, worth N150,000, during the last Moslem "Ileya" festival!

Ask me what the idiot produces? Zilch!

Had this same debtor taken the N150,000, wasted on the one day feasting to the market, it will be more than enough to set up a fried Yam, sweet potatoes, Akara business, that can net him N300,000 monthly, and take him out of poverty and debt forever!

So, because Nigerians are unproductive at home, but consume from used clothes, to fake hair and eye lashes, to even PMS, from the abroad, they keep whining about the value of the dollar/pound-sterling against their currency.

There are universities in Nigeria, and I had my education entirely in Nigeria! So, if I chose to send my children abroad, what is the headache of the government in my personal decision, should the currency in their country of choice proves unaffordable to me? Who send me?

My personal definition of the problem with Nigeria is that, the policies of the State are manipulated to suit the indulgences of certain classes of Nigerians, who feed fat on the miseries of the masses.

Government resorted to importing fuel because some privileged Nigerians criminally destroyed our refining capacities. Rather than punish them, we put the punishment on Nigerians.

Government "subsidized" the same imported fuel, to create artificial opportunities for some privileged people to loot our treasury, under the artificially created system of "subsidies".

These Nigerians and their fraudulent economists should stop fooling themselves about the poor exchange rates of the nation's currency. 95% of the citizens of this country need food, water, Medicare, etc, obtainable in Naira!

If some useless, lecherous and unproductive, yet entitled, vanity flaunting elements like Dino Melaye, need foreign currencies to feed their insanity, what has that got to do with Nigeria?

If you want to indulge in the zero nutrition Orange, imported from wherever and sold at times ten that of super tasting Oranges from Benue, must Nigeria care about your price plight? Who send you?

If you chose Pizza over Aboki freshly cooked spicy bread and eggs, please find enough Naira to indulge in your borrowed Italian taste. #KokanAye!

This argument over our poor currency is a lie of the elite to pass their problems as everyone's!

Days ago, I made a 4 litre bowl of cooked beans (enough to feed at least 8 adults) from a N200 ($0:40) measure of beans! Add another N500 ($1) worth of sweet potatoes, and you have a super nutritious meal for 8 adults!

That's less than $3 in total, N1,500 (including the costs of other stuff like onions, peppers and oil), to feed 8 adults?

Before you complain that the Naira is weak, tell me what you need the foreign currencies for, and #Eruobodo will show you how you and Dino Melaye are related!

Copied!

On this, you spoke my mind.

muykem:
Do you actually think before this comment? How many times PDP government hold national conference and how many billions they spent on each them? Are they just wasting money since many of you didn't see reason for restructuring then. The truth is that northerners doesn't want restructuring.

They don't want restructuring yet they campaigned with it
They don't want restructuring yet they set up the el-rufai committee
Is there any other definition of hypocrisy apart from this?

radautoworks:
He's not going to hire a Canadian.

Then he should hire from what ever nationality you recommend for him.. the bottom line is that if the business is overwhelming him he should get an assistant.

radautoworks:
And when that assistant starts siphoning his client base?

If amdman use the WhatsApp web for instance connected to a laptop, the assistant uses the laptop while amdman himself uses the mobile device, amdman sees (instantaneously) every chat message/response the assistant makes to a customer .. how then will the assistant do anything fishy without amdman bursting it??

ojesymsym:
Na wa. Human resource problem in Nigeria.

But amdman is not in Nigeria he is in Canada

Lazyyouth4u:
It is 200k per deposit that is guaranteed insured by the NDIC for micro finance banks. MFBs are very risky institutions to keep money at so one has to be very careful and carry out thorough due diligence before keeping money with them. In 2018, CBN revoked the licenses of over 150 failed MFBs. I personally wouldn’t keep money in an MFB.

You have been using the word guaranteed in place of insurance or interchangeably in your previous comments and at times it doesn't go with the context thus distorting the message you are trying to pass

29Ade07:
@MrPhysics,
I heard that France is not accepting international students this year. I mean students from outside EU.
Is this true?

I don't think it's true, check this topic
https://www.nairaland.com/1106291/securing-visa-france-applying-nigeria/147
Nigeria students are already getting their visa to France and Nigeria is not an EU country I know for sure.

reservd:
Customer service is whack? That's very very untrue

Depends on which side you are looking, you could be seeing an M while he is seeing a W. Personally, I have experienced cool customer services with them (that I could give them five star rating), but some other time I feel frustrated to an extent that I will want to close my account with them. Don't just completely write off his statement just because you have not experienced it yet.

Bicle:
A question for anyone that has done the VISALE process and can explain what is in this doc.

Since I'm not yet residing in France, The doc states to put postal code as 99999 and France, so which address do I actually put in place of the address (Nigerian address/accommodation in France?) because from the example in the doc, it was the person's home address and not the one in france that is there but still followed the other instruction of using 99999 as postal code and France as country

No the person used Gabon as country. The France there can't be modified that's why it was left that way.

So it's a bit confusing.

If you understand, please help. Thank you

Read the last instructions very well it's clearly says if you do not residence in France yet, use 99999 as the postal code and put the city and country you currently reside thats why the example on the form filled his city/country which is city Libreville and country Gabon
The instructions says the FRANCE cannot be edited so you have to leave it that way.

singletech:
Guys, I want to make Redemption today Sunday with stanbic ibtc mutual fund, will I be paid tomorrow morning? Cus I need it done fast.

You will be paid tomorrow upon approval but NOT at the supersonic speed you will want.. just make up your mind for eventualities, say, your redeemed money may drop in the late afternoon or evening or at worst Tuesday so you don't get disappointed if the speed of light you were expecting turns speed of snail.

mrphysics:
Great.You are welcome to France and Nantes in particular.

Thanks you

BabaRamota1980:
Go and find some work to do. Im looking at girl twist waist and yansh and you are bringing up some rubbish. Dont vex me o

And how does that concern me Why did you have to mention me??

BabaRamota1980:
That is a grown man but he is still trapped in his boyhood. See nice waist like that, walk up and complement her catwalk and nice glowing skin. Act like Trump, reach to hold hands
The mumu dey run after slapping yansh.

What does that have to do with my mention?

Na them

Copied
*Money Mistake 1*
Never borrow money that accrues interest to start a business . That is to say, never borrow money to start a business expecting that the business will generate income to pay back the borrowed money plus the interest.

*Money Mistake 2*
Never spend money you haven't received. Don't even promise someone money based on a promise you have from someone else. If someone tells you: "Ezra, come to my office tomorrow at 9am and pick #30K"don't go out to buy items on credit based on this promise, with the hope that you will pay off your creditor when the promised money comes; it may not come as promised and this will leave you in problems with your creditors.

*Money Mistakes 3*
If you want to save, whenever you receive money, don’t start spending hoping that you’ll save what remains. Normally what remains is zero because as long as money to spend is available, the numerous things you can spend it on are also available. And things to spend on even incite their 'relatives' so that you spend even more than you had planned. When money to spend is not available, we naturally find a way of doing without it. That's why I've learnt to save with an INVESTMENT CLUB. Once I send money there I assume I no longer have it. Before you spend any money, put your savings aside then spend what is left after saving.

*Money Mistake 4*
When you get an opportunity to meet a very wealthy person, never ask for money. Ask for ideas on how to make money. They may even choose to give you money on their own after seeing that your ideas are great, but let getting money from them never be your objective.

*Money Mistake 5*
Keeping your seed instead of planting it. Many people stop at saving. It's very, very difficult to save and have all you need to maintain your lifestyle especially after retirement. When you save, your savings are seed; plant it. When you just keep the seed (saving money) some seeds begin to die (eaten by inflation and the like). That's why I recommend that you read about the different types of investment vehicles you can use to grow your savings. I am not necessarily talking about putting the money in a business, because you can easily lose money in business. I am talking about putting it in an investment.

*Money Mistake 6*
Never lend someone money you are not willing to lose. By the time you lend someone money, be contented in your heart that should the person fail to pay, you will not die. You should not even lose that person's friendship if they fail to repay the money you lent them. If you feel the person might fail to pay you and this will not affect your relationship with them, then lend them money. If their failure to pay would make you hate this person’s entire clan, please advise the person to go to the bank.

*Money Mistake 7*
Never append your signature to guarantee someone on a financial matter if you are not willing or able to pay the money on their behalf. Do I have to explain that one? No, it's self explanatory.

*Money Mistake 8*
Avoid keeping money you don't intend to use in the short-term within easy reach. For instance, don’t walk with #100K in your pocket when all you plan to do in a day costs #20K. Like I mentioned in Money Mistake 3, there are always expenses available to gobble any money that is within reach, so if you don't want to lose it, put it away in a safe place.

*Money Mistake 9*
Avoid keeping money in inappropriate places e.g. in socks, under the pillow, in a pit, in the sitting room, in the bra, in a travel bag that you will place somewhere in a bus ... impulse buying is a devil that will keep you busy!

*Money Mistake 10*
Spending money on an item that you can do without (at least for the time being). These days when I pick money from my pocket or wallet, before paying for something I ask myself: What would happen if I didn’t buy this? If I find I can live with the consequences of not having that thing, I smile and walk away.

*Money Mistake 11*
Paying an amount for something that's not the minimum you can get that same value for. In other words, if you usually visit the Supermarket and you pay #5K for a shoe or any commodity that you can get at #3K at Your local market, that's a money mistake except for those who have achieved financial freedom.

*Money Mistake 12:*
Consistently spending all you earn or more than you earn. It's like having a drum where you have an inlet that's smaller than the outlet. It will never get full. And should the inlet ever reduce significantly the drum will run dry. If you do it the other way round and the inlet is bigger, it will get full and even overflow. Hence, we have to always ensure we are widening the inlet while narrowing the outlet – all the time. Your side hustle comes in handy!

*Money Mistake 13:*
Thinking about short-term only and forgetting about long-term or thinking about the long-term and forgetting about the short-term. For instance, Lydia was told that there's money in land. She saved money over a long period of time and bought 30 acres of land. Now she has the land but she is always broke. She is always complaining. She's disgruntled and she doesn't seem to see herself earning from the land in the near future. Now, let's ask ourselves: Having 30 acres of land and no money to feed your family or take a child to hospital, is that wealth or poverty? I think Lydia only looked at long-term needs and forgot that she has short-term needs that require money. What of those who find they are one paycheck away from salary? Are they thinking about the long-term needs?

Let’s take stock of our finances. How many mistakes are you guilty of? Do you now feel Better reequipped to do better with these tips? Good luck, savers! Share this knowledge with your friends because it will not benefit you if you are selfish with it.

God bless you as you work on your financial prudence and objectivity.

.-Spend Wisely
God be with you.
Copied

Copied
*Money Mistake 1*
Never borrow money that accrues interest to start a business . That is to say, never borrow money to start a business expecting that the business will generate income to pay back the borrowed money plus the interest.

*Money Mistake 2*
Never spend money you haven't received. Don't even promise someone money based on a promise you have from someone else. If someone tells you: "Ezra, come to my office tomorrow at 9am and pick #30K"don't go out to buy items on credit based on this promise, with the hope that you will pay off your creditor when the promised money comes; it may not come as promised and this will leave you in problems with your creditors.

*Money Mistakes 3*
If you want to save, whenever you receive money, don’t start spending hoping that you’ll save what remains. Normally what remains is zero because as long as money to spend is available, the numerous things you can spend it on are also available. And things to spend on even incite their 'relatives' so that you spend even more than you had planned. When money to spend is not available, we naturally find a way of doing without it. That's why I've learnt to save with an INVESTMENT CLUB. Once I send money there I assume I no longer have it. Before you spend any money, put your savings aside then spend what is left after saving.

*Money Mistake 4*
When you get an opportunity to meet a very wealthy person, never ask for money. Ask for ideas on how to make money. They may even choose to give you money on their own after seeing that your ideas are great, but let getting money from them never be your objective.

*Money Mistake 5*
Keeping your seed instead of planting it. Many people stop at saving. It's very, very difficult to save and have all you need to maintain your lifestyle especially after retirement. When you save, your savings are seed; plant it. When you just keep the seed (saving money) some seeds begin to die (eaten by inflation and the like). That's why I recommend that you read about the different types of investment vehicles you can use to grow your savings. I am not necessarily talking about putting the money in a business, because you can easily lose money in business. I am talking about putting it in an investment.

*Money Mistake 6*
Never lend someone money you are not willing to lose. By the time you lend someone money, be contented in your heart that should the person fail to pay, you will not die. You should not even lose that person's friendship if they fail to repay the money you lent them. If you feel the person might fail to pay you and this will not affect your relationship with them, then lend them money. If their failure to pay would make you hate this person’s entire clan, please advise the person to go to the bank.

*Money Mistake 7*
Never append your signature to guarantee someone on a financial matter if you are not willing or able to pay the money on their behalf. Do I have to explain that one? No, it's self explanatory.

*Money Mistake 8*
Avoid keeping money you don't intend to use in the short-term within easy reach. For instance, don’t walk with #100K in your pocket when all you plan to do in a day costs #20K. Like I mentioned in Money Mistake 3, there are always expenses available to gobble any money that is within reach, so if you don't want to lose it, put it away in a safe place.

*Money Mistake 9*
Avoid keeping money in inappropriate places e.g. in socks, under the pillow, in a pit, in the sitting room, in the bra, in a travel bag that you will place somewhere in a bus ... impulse buying is a devil that will keep you busy!

*Money Mistake 10*
Spending money on an item that you can do without (at least for the time being). These days when I pick money from my pocket or wallet, before paying for something I ask myself: What would happen if I didn’t buy this? If I find I can live with the consequences of not having that thing, I smile and walk away.

*Money Mistake 11*
Paying an amount for something that's not the minimum you can get that same value for. In other words, if you usually visit the Supermarket and you pay #5K for a shoe or any commodity that you can get at #3K at Your local market, that's a money mistake except for those who have achieved financial freedom.

*Money Mistake 12:*
Consistently spending all you earn or more than you earn. It's like having a drum where you have an inlet that's smaller than the outlet. It will never get full. And should the inlet ever reduce significantly the drum will run dry. If you do it the other way round and the inlet is bigger, it will get full and even overflow. Hence, we have to always ensure we are widening the inlet while narrowing the outlet – all the time. Your side hustle comes in handy!

*Money Mistake 13:*
Thinking about short-term only and forgetting about long-term or thinking about the long-term and forgetting about the short-term. For instance, Lydia was told that there's money in land. She saved money over a long period of time and bought 30 acres of land. Now she has the land but she is always broke. She is always complaining. She's disgruntled and she doesn't seem to see herself earning from the land in the near future. Now, let's ask ourselves: Having 30 acres of land and no money to feed your family or take a child to hospital, is that wealth or poverty? I think Lydia only looked at long-term needs and forgot that she has short-term needs that require money. What of those who find they are one paycheck away from salary? Are they thinking about the long-term needs?

Let’s take stock of our finances. How many mistakes are you guilty of? Do you now feel Better reequipped to do better with these tips? Good luck, savers! Share this knowledge with your friends because it will not benefit you if you are selfish with it.

God bless you as you work on your financial prudence and objectivity.

.-Spend Wisely
God be with you.
Copied

Aquilapriscilla:
Sir you belief law of attraction?
I don't think that thing works oh
Work hard and shun evil is the way

The law of attraction works more or less like faith (in religious front). And you know faith is the assurance/hope of things not seen, but faith must go with "works" otherwise it's useless similarly, laws of attraction needs to be accompanied with works for success to be achieved.

nurain150:
Somebody please remind me the next tutorial from our course outline

Since you are skipping wifi hacking,
* Man in the middle attack

nurain150:
I WILL BE GIVEN GUILDLINES ON HOW TO GO AROUND BELOW ARE THINGS I WILL TALK ABOUT:
* Annonimizing your self from the internet
*.Command line usage
* Hacking a WEP/WPA2 wifi password
*.man in the middle attack
* Password cracking and bruteforcing
* Clonning website and SQL hack and database
* Finally making your work proffesIonal with metaexploit framework
* Tips to protect your self
AM I COMMUNICATING , SHOULD I GO ON AM NOT GETTING MORE PEOPLE COMMENT ON THIS THREAD

Here is the outline

[quote author=FA13 post=85665555][/quote]Hope you are good and safe amidst the COVID-19 pandemic

reservd:
Better make direct transfer

FemiSolar:
Hello house,

I want to invest in MMF through FBN Quest, but the lady says everything is online. She sent me a form to fill and account number to pay into. Pls is this safe? I would have preferred if they debited me without me having to transfer it. Can anyone help verify FBN QUEST account?

THANKS.

@reservd Yes, transfer is better and that is what I usually do, but then read Femi question/post again if he/she is filling a form sent to him it's obvious he has not yet gotten an account with FBNQUEST so if he does a transfer now, what will he write in the narration? Again he said he will prefer a way other than transfer in that case what other way/option does he have aside using the app??