₦airaland Forum

Agbalowomeri:
This one has not generated revenue for 15 years. I wonder why it is still trading on NGX

Zooposki:
Wire Transfers but I think you can also do bank transfers from your Naira account.

I tried the bank transfer but it was reversed yesterday

Zooposki:
Vest.

How do you fund your vest account for international/US trading?

Efetobore1980:
■■


YOU
VO: Good morning and why are you going to the US?
Me: Good morning, I'm going to my cousin's graduation at Uni of MD.

If this visa transcript is real, then the failure starts from here. When you are not the biological or adopted parent , or the authorized ward or direct sibling with convincing reason of attendance, there is no way any U.S. consular will issue the visa.


YOU
VO: What do you do for a living?
Me: I'm a senior data analyst at ...

U.S. visa officers are conversant with Nigeria salary level/scales. I am not disputing your salary here, but the consular may dispute it based on your highest qualification as indicated in your ds-160. Therefore, your 1.3m NGN might be funny.


YOU
VO: Have you been outside Nigeria before?
Me: Yes, I've been to Moz, ..., and
...
VO: And all these were in the last 5 years?
Me: Yes, Moz in 2022 ... and ... in 2023

The visa officer was indirectly saying, " Why are you traveling all about unnecessarily? Okay, you were doing this in order to come and claim travel history points ?


YOU
VO: You said you visited Moz, why did you go there?
Me: I'm a lover of African culture and nature. Plus, they speak Portuguese, which is closely related to Spanish, and I speak Spanish.

Here, the visa officer is justified by your flimsy or unreasonable reasons. ? because you love African culture and nature......


YOU
VO: Habla portugués?
Me: No, hablo español (we both laughed)

Unfortunately for you, the visa officer is a master in spanish, and he or she was laughing at you because you failed the verbal test woefully. If you can speak spanish averagely (which is very related to portugués) and you went to Mozambique because they speak Portuguese, so you can not reply the visa officer with " Bom dia ", (Good morning in Portuguese ) ? So you dont know any Portuguese word at all, and you traveled to Mozambique for the love of the language perhaps more than once ?


YOU
VO: Are you married?
Me: No, I'm engaged

VO: The house you stay, is it rented or you own it?

When did the visa officer start asking this kind of question (the house you stay, 👆?

Me: It's a rented apartment
VO: Who do you live with?
Me: Oh, I live with my fiancée.

Anyways , you have zero ties to Nigeria.


YOU
Them just dey share blue paper anyhow 🤣 Didn't ask me or anyone else to see any documents, except for i20 for the F1 visas. Not even DS160s, I believe they have attached our ds160 to our passport, so the VO only ask for passport.


They will share blue papers to those who are not qualified. U.S. visa is not a piece of cake. Besides, it seems you get it wrong on the DS-160. If they have attached your DS-160 to your passport, did you not see it inside your passport? The most important information to the visa officer the moment both of you meet is your DS-160 slip. Or they have stopped collecting ds160 confirmation slip. 👍

Chaii

LaMujer:
Got denied this morning.
Lagos consulate, 7am


_{Probably only 1 person got approved before me} but who cares?


Transcript

VO: Good morning and why are you going to the US?
Me: Good morning, I'm going to my cousin's graduation at Uni of MD.
VO: Where does your cousin live?
Me: He lives in TX
VO: How long are you going to stay?
Me: 2 weeks
VO: What do you do for a living?
Me: I'm a senior data analyst at ...
VO: Have you been outside Nigeria before?
Me: Yes, I've been to Moz, ..., and
...
VO: And all these were in the last 5 years?
Me: Yes, Moz in 2022 ... and ... in 2023
VO: You said you visited Moz, why did you go there?
Me: I'm a lover of African culture and nature. Plus, they speak Portuguese which is closely related to Spanish, and I speak Spanish.
VO: Habla portugués?
Me: No, hablo español (we both laughed)
VO: How much do you earn?
Me: 1.3m, (he didn't hear, so I repeated it)
VO: Are you married?
Me: No, I'm engaged
VO: The house you stay, is it rented or you own it?
Me: It's a rented apartment
VO: Who do you live with?
Me: Oh, I live with my fiancée.


Then he really typed some stuffs for almost 2 minutes(no kidding), then he gave the blue paper with the generic statement that I can reapply again



Them just dey share blue paper anyhow 🤣 Didn't ask me or anyone else to see any documents, except for i20 for the F1 visas. Not even DS160s, I believe they have attached our ds160 to our passport, so the VO only ask for passport.


Until next time...

Chaii

NJV:
They all be looking the same after applying heavy makeup. Honestly I can't place who she is right now cos about 5 different actresses have this same face.

advanceDNA:
If u are tasked with the responsibility to catch the tiger attacking the neighborhood....and it's difficult, just catch any pvssy cat, paint it the color of a tiger and present it to the people

40 more characters needed.
40 more characters needed

Streetinvestor2:
How do dey even do the calculations for the ASI.
I think wayo dey the thing. How can few positive movement in big stock be dragging it up any how

If few mega caps is dragging the ASI up, that signals caution in the market because it is topping and a reversal may happen sooner.
The market breadth is diverging from the ASI price.
The numbers of stocks reaching new highs and supporting the upward movement is declining compared to the ones dragging it down

newreality:
Please is there any here trading stocks through Norrenberger securities limited?

If there is , how is their customer care service & relationship with their clients?
I just want someone with experience with them to share his/her experience, because I want to be sure my own experience is not abnormal?

And please, is there a way I can move my stock from from stock broker to another stock broker without selling??

I would appreciate a shared knowledge on this.
Thank you in advance

For now, i do dollar MMF with them and they are also good in buying bonds in secondary market.
Customer care is very good.

Gerrard59:
Then there's no cultural obligation from you because the argument might be if your dad isn't financially stable, his children should assist the children of his (your dad) siblings.


Fair enough.


Yes, that's of the effects of marrying a White woman. So, hopefully they in Nigeria are mentally ready. Bar them from viewing your social media updates.

Maybe it's because I've a soft spot for high academic achievers and know how financially tasking job hunting can be, especially for those outside Lagos and Abuja, I would suggest support those who are serious. But please, verify o. Ask questions and seek evidence. Hard evidence.

Gerrard59:
As usual, the problem is too many children. It's bad that your dad didn't contribute to your education or leave a legacy for you and your siblings. It's also bad that your distant cousins are disturbing you every now and then. In your dad's defence about him sending money home. In some cultures and families, one child is supported by the rest of the family to exit Nigeria. So, it's expected that the child remembers others in Nigeria. If that was the case of your dad, it's only fair he supports those at home. However, this should be to a limit as his children (you and your siblings) now come first.

As for your cousins, the best you can do would be to support any or those (as you can support) who are doing something useful with their lives. So, if one is prepping for say the GRE or applying to jobs and needs a bit of financial support, fair enough to lend a helping hand. But for those with endless rent, school fees, everyday sickness, say no. Mind you, even the job hunters and postgraduate applicants, always verify the authenticity of their demands. Our people are innately dishonest.

For those with children, before you lend help, ask them how many children do you have? Those with three and above? Don't help them. The best you can do is to pay for the man's vasectomy.

Best regards.

You to get bad mouth bro

jonnysessy:
Like play like play, this NASCON had reached N80, right from the time i was monitoring from sub 40. This is now double the price. Well, since it still have prospect I may enter with some afolabi unit to enjoy small gain too.

Eyin omo Aye..... The last time i checked the price for the valuation, it was #74.9....now it is almost #83... just 17% upside my valuation which is really not encouraging anymore.
Too many fast fingers they Ngx

I don't know how Nascon has been moving below my radar all this while without noticing.
The company is been run well.
Good income statement, Balance sheet is impressive and cash flow statement very nice.
Some observations -
DIO = 67 - Inventory sits in warehouse on an average 67 days before been sold. That is a bit on the high side. Should be less than a month. Signals not so much demand or high competition from other players in the market.
DSO = 28 days - average days to get back receivables which is good.
DPO = 12 days - Takes 12 days to pay suppliers.
Overall - Cash get used up faster, tied up compared to the time taken to generate cash.
In the mean time, the FCF and OCF are positive and increasing.
CCC = 82 - it takes on average 82 days to buy(use up cash) inventory, process it, sell and get back cash (generate).
Capex/Dep is 0.6 - 60% of depreciation is capital expenditure. The machines are depreciating faster than the money invested back into them to avoid breakdowns and increase production on the long run.
Current Price #74.9. At P/E of 10, my implied FY price should be around #100. roughly a 25% upside

I can't just imagine the number of soldiers dying there everyday.
It would be emotionally draining fighting for Isreal honestly.
From been posted to Gaza for 4 months, then 1 month at home provided i didn't die there to west bank, then lebanon and now they need to draft the brigade from Gaza to Syria ...Kilodeeeee

WritterNg:
People wey don crase finish.

The worst thing to be in isreal is a male child... like, how do you keep fighting virtually everyday. Everyday.
From Gaza to west bank to iran to syria to lebanon to yemen etc and we believe others are the problem and not you?
What is Isreal's problem with what is happening in Syria to warrant bombing their presidential area.
Can you imagine the level of brutality? blowing up Syria's Aso rock and defence head quarter ... for a country not attacking you for goodness sake.. yet you will turn back crying you can't sleep with your 2 eyes close around your neighbors.
How will you sleep with your 2 eyes close in such condition.
Just imagine Nigeria invading Cameroun because Cameroun is attacking and killing the english speaking part (which were formerly part of Nigeria/Calabar/Akwa Ibom people) and then blowing Cameroun's defence headquarter in Yaounde and their presidential villa.. Please make it make sense to me.
With all the issues we are having in Nigeria, it is bombing Cameroun, Benin, Togo regularly that should be my problem. How can you have such a safe neighbor when you are a constant nuisance to them.
Invading Cameroun, creating a buffer zone by snatching the western part because they are killing Ibaka people, then go ahead bombing Niger republic and invading her south to snatch more lands because Boko Haram has been using it to come to Nigeria to attack and go back.
Snatch Chan Land and Niger because the fulanis their are been killed everyday by Bokoharam and we need to protect them in a bigger Nigeria map... just make it make sense to me.

WritterNg:
⚡Syrian President Ahmad al-Sharaa:

Since the fall of the regime, Israel has been seeking to dismantle Syria.

Ofcourse, what do you think?

You all were used to achieve their greater plan and aim.
You are/were the pawns in the game.
It was what Osama bin Ladin saw before turning. He felt used by the US/Allies and when not needed again, what spat out like a bitter sour grape in the mouth.

Klass99:
Lol , Emmaodet how have you been? God bless you for pointing out the fact that they are miraculously able to solve their problems when they don't get help from you.

I have nothing against a man helping out his siblings but when you do it repeatedly, one too many times (like my father did), it creates a sickening enablement and dependency in them where they become lazy, entitled and unwilling to seek solutions by themselves and stand on their own feet.

I am fine Klass and you?
Ofcourse, they will somehow find a way to solve their problems in your absence or when dead.
I have so so so many examples but will pick one.. my uncle (my mummy's immediate younger brother) always disturb me for money.
His children are starving at Unilag..he needs help and money, school fees for 4 kids is 2m, feeding etc i should help.
I do occasionally but noticed it has become a trend and norm.
An example...i gave him 100k in december for his wife's father's burial all for him to come again in january for the kids school fees.
Then feb, march until i declined totally. He has been keeping malice with me since then but somehow, somehow the kids are stll in school.
If you see the way this man was acting when asking me money, you will think by now those kids would be out of school.
They African family set-up is financially, emotionally and psychologically draining.
You can't even enjoy you handwork a little bit without family breathing down on you to be solving unending problems.
How dare you buy a new car, go on vacation when there are endless list of family members you can use that money to train...how dare you.
It is not a culture designed for good life, vacations/tourism etc is is designed for endlessly picking up baggages to solve in the family.
Ohhh...thank God for Blessing you...God did it so that you can uplift others in the family...Others who just want to sit by and live the kind of life you are living without them involving in the kind of stress you are putting to live the life.

Samantha125:
How would you know your cousins when you never visited them in Nigeria and not even interested in knowing them? The problem here is your father who keeps prioritising his family back home in Nigeria over you guys, not your cousins.

As for some of us, no, we don't have any family members in diaspora and my cousins have never disturbed my parents for any financial assistance before, we die here in Africa...

@ we die here in Africa

Klass99:
I have experienced something similar not in the diaspora but right here in Naija with my own father and his relatives. However, in our case (my siblings and I) our father did right, did good and did well by us. He 100% supported us but I've always thought he could have done more and better, if his money wasn't being split in so many ways and different directions towards his siblings and their children.

I know he had a plan to send all of us overseas for further education after secondary school in Naija and had gotten international passports for the first three siblings who had rounded up college or were about to but the plans were shelved for reasons I don't know. I've always suspected it had to do with his relatives and their never ending demands on his finances. Which is why I said he could have done more and better if....

He is the first born child with 8 siblings who gave birth to kids they could not adequately cater for, so picture that. Please by all means put your wife, hubby and kids first, in old age it is your wife and kids who will truly care for you and be there. All the relatives my dad helped rarely visit now that his health and wealth have declined, his house was always buzzing with human beings like bees to a hive but that's no longer the case. I bet you if his wealth was still intact they will show in spite of his health issues.

These men never learn and they don't listen! When you talk they accuse you of not liking their relatives, meanwhile you can often see what they are unable or unwilling to see, which is the parasitic and extremely selfish nature of their people.

Oh and you have my blessing to continue ignoring those cousins who reached out to you because your gut feeling about them is not wrong. They'll build rapport only to start billing you, I have a relative like that whom I haven't seen or heard from in years. The day he called me and identified himself I promptly ended the call and blocked him because I know what's coming next......my sister and female cousins on my mom's side had already told me what he is like. And guess what? He's a relative on my dad's side

I think this message is for me.
The unending billing, extremely selfish relatives/siblings and somehow, somehow.... If someone goes broke today, they will miraculously be able to solve their own problems.
Problems they always act as if they can't solve and will kill them when you have/had if you don't give them.

leparj:
U can trade FGN Bonds on the NSE.

Alright, thanks.
I will ask my broker

emmanuelewumi:
You send mandate to your Stockbroker to trade for you

Alright, no problem

emmanuelewumi:
Over N310 billion or about $200 million.

He can't get into any stock on the floor except through cross deal.

Cross deal will require a big investor exiting his position for another big investor to buy.

Outside of this he is okay getting about 18% or about N54 billion from Federal Government bond

Hello bro,

Please do you know any paltform or exchange for trading secondary bonds by retail investors?

WritterNg:
⚡Israel strikes General Staff headquarters in Syria capital Damascus.

Aftermath of the Israeli attacks in Damascus.

BREAKING: Israel strikes General Staff headquarters in Syria capital Damascus pic.twitter.com/AHgVDafCmn

— Insider Paper (@TheInsiderPaper) July 16, 2025

This is what they want to be doing to Iran.
A country they can be bombing at will.
This is what Putin encouraged.
Cutting backdoor deals with his allies enemies... E. g Syria.
He won't mind seeing Iran in that shit too

Once every year, you pass your funeral anniversary without realizing

A man can die of hunger and food would still be served at his funeral

Every answer found, begs another question. The further you go, the less you know.

Don't feed a horse that you don't ride

Just you know, on your birthday it's not +1 it's actually -1

Sorry means nothing until you hear it from a doctor

You are loved at birth
You are loved at death.

In between birth and death,you just have to manage as a man.