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Fred2020's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 9:30pm On Jul 27, 2025
US & EU trade deal publicly announced today - any expected impact on the Nigerian stock market?

TravelRe: Living In The Uk-life Of An Immigrant (part 3) by Fred2020: 8:43pm On Jul 19, 2025
Hkana:
It's a sad reality for some families. Some watch their kids go astray before their very eyes and are unable to do anything about it because the only sure way they know that will set such kids straight will get them (the parents) in trouble with "the authority" here. Really sad.
One thing I learnt quickly here is to completely forbid words like hit, beat, knock, hurt being said in the house.

It's one thing to avoid discipline as a contact-sport at home, but it's another to ensure that even mild forms of discipline are correctly worded by the kids. I think the latter is actually what gets more parents in trouble—not necessarily the severity of the action.

I have a 2-year-old who actively copies what his older brother (who's 5) says.

The kids are often completely unaware of the implication of what they say and how it might be interpreted in the environment they're in. Better to forbid those words at home so they dont by a slip-of-tongue use them outside to describe their experience at home.
TravelRe: Living In The UK: Property,Mortgage And Related by Fred2020: 1:04pm On Jul 19, 2025
ehizario2012:
This is a very key information. I lost 11 points on my credit score last month simply because I didn't use my credit card at all... Now I'm wondering if I can draw the credit line while expecting decision from the mortgage lender? Barclays too, seems Barclays love immigrants.
When you use your card as you would normally, pay up the balance monthly leaving no unpaid balance.

The bank is less concerned about your credit card debt if it is fully paid monthly.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by Fred2020: 10:59am On Jul 18, 2025
giselle237:
Speaking from a place of knowledge as I have handled some of these. If you need the father’s consent then that’s no more sole custody/responsibility and therein nullifies the court order for sole custody.
That also means father must be contacted concerning everything for the child.
In child custody stuff, sole custody means one parent gets to make all the important decisions about the kid’s life and the kid mostly lives with that parent. The other parent might still get to visit or stay in touch, but they usually can’t make big calls about things like school or healthcare.
Sole responsibility further streamlines this. Only the one parent is RESPONSIBLE for the child and makes ALL the decisions.
Sadly, your information is GROSSLY incorrect and should be disregarded. Child’s father’s consent will damage this application 1000% more. Cheers.
I’m not suggesting the decision has to be a joint one, and I’m not fully aware of how the law interprets sole custody and the associated rights.

However, the relationship between a parent and a child is a lifelong one — whether the other parent likes it or not. It is fundamentally wrong for one parent to make significant decisions that could materially hinder the other parent’s ability to maintain a meaningful relationship with the child, without involving or informing them in the process.

The key word here is inform/involve the other parent, not necessarily to seek their consent. This is the morally right thing to do, and it is also the right thing to do in the best interest of the child.

If op had done this, the visa application would likely have been successful.

One parent should never weaponise child custody rights against the other.

They are meant to protect the well-being of the child — not to serve as a tool for punishment, control, or revenge between parents.

Regardless, I wish op success in her appeal
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by Fred2020: 10:26am On Jul 17, 2025
Lincoln4u:
You don’t know the level of the father involvement in her life, the child in question is 9 years old, she is able to know her right and left. I can boldly tell you she doesn’t recognize her father, that's because he doesn’t care and he has never bn involve in her life
I left Nigeria 2years ago he never went to her to visit her Knowles fully well I’m not around, so how is my move affect a relationship that wasn’t there
He may be a bad father, but he is still a father—even if only in name. Sadly, that’s not something you can undo or rewrite at this stage.

If you are taking a major decision that could affect his ability to meaningfully interact with his child now or in the future, he needs to be carried along or at least informed.

The ECO is right here.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 10:20am On Jul 17, 2025
Streetinvestor2:
Na why una move the thing sharp sharp to #50.
Corruption everywhere you go in naija
UBA is currently trading at N50, what is the benefit of a rights issued at N50? Am I missing something?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 10:12am On Jul 17, 2025
Streetinvestor2:
Just reach out to your broker and tell them you wish to trade ur RI
They will send you necessary documents to fill and sign.Then they trade it for u when it opens. You can't trade it yourself on the floor.
I use Morgan capital. Do I just need to send them an email asking to be allow to exercise the right issue?
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 9:10am On Jul 17, 2025
Sunrisepebble:
Below:
How can one apply for the rights issue?
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by Fred2020: 8:40am On Jul 17, 2025
giselle237:
Maybe the grandparents have to die on official papers or the father has to die for this visa to be granted .
There was no reason why this visa had to be denied as you provided everything possible but looks like you must still do more unfortunately. You are the child’s mom and have primary responsibility. I don’t know why they want you to be comfortable with your child been brought up by parents. Maybe if the grandparents die then they’ll budge or they both become medically, physically, mentally unfit to care for her…then this could be provided as additional infomation to sway your case.

In the meantime, try to secure a document from the courts saying you have sole responsibility even though they claim it can not be granted by courts— still get it from them.
Are you on a student visa because it looks like the visa officer is trying to force you to leave the UK to go meet with your child rather than for them to come here? They claim you knew there was a possibility your child would not be able to join you.
Even if she has sole custody, I don’t believe it’s appropriate to relocate a child far away from the father without demonstrating that he was at least informed or notified. Sole responsibility for financial support and upbringing doesn’t automatically justify excluding the father from such a significant decision. A move that greatly affects the father’s ability to maintain a relationship with the child shouldn’t happen unilaterally.

If I were the ECO, I would probably also take the same decision.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 7:27pm On Jul 16, 2025
Mpeace:
If Una allow Ote$ he will move FBNH price beyond our darling GTCO.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 1:41pm On Jul 16, 2025
jonnysessy:
You better keep your gem (Nestle), any share with a full bid has something brewing. Though, i am not aware of any news, i think is better you watch and wait. Or if you want to say by all means just add 10% to the opening price and watch your trade executed. grin grin grin
One of the reasons I took a step back from investing early on was the sheer volume of what appeared to be insider trading on the Nigerian Stock Exchange.

It's hard to ignore how often certain stocks begin moving aggressively days before any price-sensitive information is made public.

Why aren't these patterns investigated more thoroughly by the NSE or SEC?

I noticed this recently with Airtel, but it's definitely not an isolated case.

While some people grow grey hair performing technical analysis of stocks before they buy, others are just riding on insider information.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 12:19pm On Jul 16, 2025
Just when I decided to offload Nestle for being sluggish over the past month, it turns full bid.

Is there something happening with Nestle?

I know many buses have already left, but is there any bus I can still join for a short-term trip?

TravelRe: Living In The Uk-life Of An Immigrant (part 3) by Fred2020: 9:24am On Jul 16, 2025
Lincoln4u:
I submitted sole custody/responsibilty
Probably try getting parental consent from the dad when you appeal.
Foreign AffairsRe: Ukraine Says It Killed Russian Agents Suspected Of Assassinating Intel Officer by Fred2020: 8:04pm On Jul 14, 2025
Quelme:
That's why I said make una dey reason well. Not everywhere swallow those gibberish from the lamestream media. Ukraine is a battlefield between NATO Vs Russia. EOD
Ukraine is a battle field between Russia and Ukraine with both sides having allies who supply weapons.

Russia obtaina weapons and significant industrial support from china, north korea, india, iran....

China alone controls about 80% of global small drone market which is used extensively by russia in the war.

What exactly is your point?
Foreign AffairsRe: Ukraine Says It Killed Russian Agents Suspected Of Assassinating Intel Officer by Fred2020: 2:19pm On Jul 14, 2025
Quelme:
Is it the same reason the US is asking Australia to commit to a possible war with China. Make una dey deceive una self
Are you thinking hat - is a war between USA & China supposed to be compared to one between Russia and a country like Ukraine?
Foreign AffairsRe: Ukraine Says It Killed Russian Agents Suspected Of Assassinating Intel Officer by Fred2020: 12:00pm On Jul 14, 2025
BodyCount:
If Ukraine was capable, it would not need the entire NATO of many countries and USA to support and defend it.
The fact that you are comparing the Russian and Ukrainian capabilities shows how russia has been exposed as a paper tiger.

Prior to the war russia was considered the 2nd best miltary force in the world.

Currently, they are trying not to be second best in the battlefields in Ukraine.

And tell me china which is the world's industrial power house pumping massive amount of machinery and ammunition to russia is not massive help.
Foreign AffairsRe: Ukraine Says It Killed Russian Agents Suspected Of Assassinating Intel Officer by Fred2020: 10:17am On Jul 14, 2025
BodyCount:
And you want to compare that to what Russia is capable of or what they've done?
Dey play grin
If Russia were that capable, it would not need North Korea and Iran to help with the conflict.
TravelRe: Living In The UK: Property,Mortgage And Related by Fred2020: 7:15am On Jul 13, 2025
Meogom:
Hello guys. Please I need your input.
So we've agreed 25th July for completion, and solicitor say contracts would be exchanged this coming week, no chains.
We went ahead to buy some household stuff from curry's on finance (£1640 @0% interest for 12 months). Now estate agent asked that hope we've not gone buying stuff, told her we bought some stuff, she said she was going to get in touch with Barclays to ask if it's a problem, but that we should tell the solicitor to hold on the exchange till we get feedback.
Abeg what should we do in this instance, cos I don't want to tell the solicitor to hold on.
Whats the implications and the worst case scenario, Could Barclays withdraw the mortgage offer cos of this?
We have some funds available for setting up the house, do we just use this to pay the credit?
There is usually a condition on your mortgage offer from barclays asking you not to take any additional loan and pay off any outstanding loan within a number of days. But I think it applies after completion and I dont think Barclays has much control over that once completion is done. However, taking on new loan during the process could be a red flag to your willingness to comply but in this case its not material.

The probable worst is a hit on your affordability calculation which means the bank reduces the max amount they can borrow you.

Based on that number, the bank may consider the impact of an additional £136 monthly outgoing to your affordability calculation.

Are you borrowing the maximum amount Barclays can offer? If not, you may be able to preceed without any impact.

You may be better off paying it outright and letting the mortgage broker know that you have settled it.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by Fred2020: 7:06am On Jul 13, 2025
jedisco:
The ill-thought interventions by the last government in the name of protecting the naira created alot of market distortions and inefficiencies which helped no one aside those round-tripping the naira. I was singing this on another thread years back.

...
Yes, issues still persist but the economy may be turning the corner and there are many early movers in the capital market reaping unreal gains right now.

Interest rate will fall and is falling as interest rate falls.

There is a lot of negative impact to the socio-economic and security condition in Nigeria due to rapid removal of subsidies and devaluation. This area would likely take much longer to fix.

The important thing right now is that there are some green shoots in the Nigerian economy that can blossom into something good if carefully nutured.

God bless Nigeria.
TravelRe: Living In The Uk-life Of An Immigrant (part 3) by Fred2020: 8:53am On Jul 12, 2025
On LemFi, the rate has only moved slightly — from around ₦2130 to ₦2070 per pound over the past two months & between 2,000 to 2,200 year to date. That’s quite steady, especially considering Nigeria’s usual FX volatility.

What’s odd is that this is happening even though oil prices are sitting below $70, while Nigeria’s 2025 budget is based on $75/barrel. So technically, the country is already running a budget deficit, yet the naira hasn’t nosedived as one might expect.

On top of that:

The stock market is booming — several equities are hitting the daily 10% limit multiple days in a row.

The debt market is hot — I locked in a 28% interest note on Fairmoney, which is wild. Rates are lower now but over 20% can still be found.

Overall, investor sentiment looks surprisingly bullish for the economy & Trump may just be giving him a boost by continually rattling otherwise safehaven western markets.

I’ve been a tough critic of Tinubu — and I still am — but if this level of relative stability holds, and the financial markets keep performing this way, he might actually be pulling off something significant.

CrimeRe: Maid Refuses To Give 10 Years Old Girl Food As She Did Not Wash Plates by Fred2020: 7:18pm On Jul 11, 2025
The maid herself is a child likely subjected to the same treatment
TravelRe: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Fred2020: 8:39am On Jul 10, 2025
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TravelRe: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Fred2020: 8:39am On Jul 10, 2025
004gist:
Cos most ask if u know this softwares.
No, I have used neither. However, they are very commonly used ERPs.

That should not be a deal breaker in most cases.

Ideally, when you have experience using any widely respected ERP, they believe you can quickly and easily catch up on how to use a different one. You may draw their attentionnto this, if they havent considered this.
TravelRe: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Fred2020: 1:10pm On Jul 09, 2025
004gist:
Am particularly interested in the accounting aspects.

Did u learn any tool like sage or xero?
No, never used either
TravelRe: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Fred2020:
Pleat:
What do you think about MSc in Artificial Intelligence
Would you advice one to go on with the course.
What drives visa sponsorship is more often how skilled employers perceive you to be. The course you had your masters in ia often not the driving factor.

So you'll find a lot of nigerians who did their masters in a field many consider very strong in the labour market but due to the perceived lack of experience or weak experience, they couldnt break into their preferred sector and instead went into the care where experience is often not required for the job and sponsorship.

Also take note the skilled worker visa implies you have certain skill, which is what the homeoffice scrutinises when they issue the SW visa. An employer is unlikely to offer you a sponsored job when you have no experience or skill in that sector.

For instance, I am sponsored in a niche sector of financial services as a finance professional. Not many immigrants get sponsored here, because the UK has a lot of labour and expertise in this area and it is not an occupation short on candidates.

However, I was quite fortunate to have worked on certain projects while in Nigeria that was very close to projects my employer was embarking on back then. So, they were keen on having me on board. Note, I have no degree in accountancy or any related finance field - neither from the UK ot Nigeria.

So, I'll advise you to focus on a masters that complements your sellable experience or skill.

As the salary threshold keeps rising, so also will exployers expect more in terms of the skills or experience candidates seeking to be sponsored should bring to the table.
TravelRe: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Fred2020: 11:16am On Jul 05, 2025
frank2zee:
Please don’t pass the wrong information…you can still get a care worker role with your graduate visa…also “care worker visa” would still be open for skilled worker visa just that it will be time-bound.
Dont argue around what you arent sure of

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 1:51pm On Jul 04, 2025
How/Why is Daarcomm on full bid?

Since I have ever known the stock exchange Daar has been making losses and only managed to avoid negative equity by revaluing their assets.

TravelRe: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Fred2020: 6:50am On Jul 04, 2025
jintex:
Nice one bro!! Please how will these laws affect dependent ( for those going from Mres and dependent)?
It depends on the specific provision.

Generally, the provisions typically affects dependant only to the extend they are seeking a skill worker visa. If they are dependant on the other applicant's visa, they are not usually affected.
PoliticsRe: I Inherited A Country Near Bankruptcy - Tinubu by Fred2020: 10:23am On Jul 03, 2025
Inherited from your best buddy who he vigorously campaigned for 8 years
CrimeRe: Kirikiri Inmates Finally Regain Freedom Over Generator Case After 25 Years by Fred2020: 9:26pm On Jul 02, 2025
ExudeLoveToAll:
Didn't watch video to know the exact issue, but generator matter won't be ordinary if it involves anything that has to do with theft using arms aka armed robbery, so it depends on the tissue..
You dont know anything - I know someone who spent 7 years on trial for theft. Even without being found guilty, they wasted 7 years of his life and were only released based on the intervention of someone influential.
TravelRe: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Fred2020: 9:19pm On Jul 02, 2025
Kaykaychizzy:
Chief thank you for the understanding and recognising I wasn't attacking you for updating us. I was just wondering if there's any good thing again left in the UK, as all I've been seeing lately is one sad news to another here. I'm certain some people over there still had ways they made or gained something tangible for themselves, as there will always be good and bad news as long as we live on earth.

A mixture of both would help alot of people come to a reasonable conclusion on which path to follow.

God will see us all through ✌️
There’s a lot of good in the UK — if you can find your feet in the labour market.
Forget the stories people post about the UK being all about bills and struggle. Yes, the cost of living is real, but with a good job and some discipline, you can achieve a lot here.

People actually buy houses (yes, on mortgage) within just two years — there’s even a mortgage thread on Nairaland that proves this. If I decided to focus purely on saving, I could probably buy a decent house in Lagos with just a year or two’s savings from here.

What’s worth noting, though, is that the UK job market isn’t as buoyant as it was just a short while ago.
Even more concerning is the government's clear agenda: a sharp reduction in net migration.

They’re not necessarily targeting student visas themselves — they understand and value the revenue international students bring into the economy. But the real strategy lies in what comes after the degree.

Instead of reducing student numbers, they’re making it significantly harder for students to stay and transition into work or residency. New policies are being designed to place serious hurdles in the path of those hoping to remain after their studies.

In essence: “Come, study, spend — but don’t expect to stay.”

Another thing to keep in mind is that it now costs at least twice as much — if not more — to move to the UK compared to just 3 or 4 years ago.
But despite the higher cost associated with the move now, the chances of settling in successfully have dropped due to stricter immigration policies and the current economic and political climate.

In short: higher investment, lower certainty. That’s the reality for many trying to move now.

For example, this week. The government announces its intention to raise the minimum skilled worker pay from 38K to £41K. That additional 3K would be the reason some job opportunities would go off the table for migrants seeking job sponsorship. To put this in perspective, median pay in the UK is just about £31K. Such moves have real implications for migrants seeking sponsored jobs.

& more hurdles are expected to be announced in the coming weeks.

The bottom line is that there are still positives in the UK, but access to assessing them is now restricted.
TravelRe: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 9 by Fred2020: 5:28pm On Jul 02, 2025
KingQ:
Just keep quiet if you don’t have something nice to say to people that have paid school fee and willing to leave home and try new things abroad .

Is it hard? Yes .
Are people working it out even with the new rules ? Yes .

In as much as the immigration rules is strict there is still much chance to survive here than in Nigeria .

Stop putting panic on people minds let everyone do what works for them and leave this depression and sad stories alone .

As it stands today I’m sure you aren’t willing to go back to Nigeria ,let them take the risk ..share good news about people that have done it and be able to settle and not just panic and sad stories


It’s hard enough relocating and hearing people that live there that won’t come back home saying bad things about it is not the motivation this people need when they get in .

For myself I don’t get it easy ,I know how many weeks I spend for hotel before I was able to get one crazy apartment ,crazy impromptu agency shift and all join with sch classes and assignments. It’s not easy .

It get better the more you live and understand how the system works . If someone as already paid over 6k£ in deposit or over 20m in relocation I can bet they know what’s at risk and negative news is the least of the things they want to hear .

Have a great evening brother .
The truth is, opportunities are thinner on the ground right now—and that’s not fearmongering, it’s backed by the data. It's important we give people the heads-up. Better to be prepared than blindsided.

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