₦airaland Forum

Damolux01:
If you can lend it from someone close to you, do...knowing fully well that you'll def pay up on Thursday. I do this alot to have a round figure investment.

I used to do that too.

Meaning, we are all trapped.

One would not know the value of giving until one gives to ingrates (South Africans).

blacknp:
VAT returns.

Thanks for the clarification.

SenseiVoyles:
Just look at Delta state. Nothing to show despite this huge allocation.
Cc lalasticlala

Come to Bayelsa and see.

SenseiVoyles:
https://twitter.com/nigeriandata/status/1175521753101217792?s=21

Cc lalasticlala, mynd_44

Am I missing something, what is Lagos doing on that list? Lagos get oyel?

Eteka1:
Can you please shed more light on how you think we are loosing 2 billion Naira daily as a result of the border closure?

Don't take every post on Nairaland too serious. Note that we have over 1 million statistician-generals on Nairaland.

nairalandposter:
Is it really possible citizens of every country are lazy apart from Nigerians?

Just wondering.

I wonder! That statement is laced with pride.

hisexcellency34:
And a serial killer is on the loose in PH

Kidnappers and One chance have taken over Abuja.

lancee:
My opinion is there will be one ..but may not be up to 500 naira ..when ?? I don't know

Maybe you are right, time will tell, but 500 naira will kill us. Apart from crude oil, is there any serious export from Nigeria? I am glad you shared that link here. Anyway, to be forewarned is to be forearmed.

This woman sha.

lancee:
https://punchng.com/open-letter-to-buhari-over-planned-naira-devaluation/

I am not sure Buhari will succumb to the devaluation of Naira. His body language has not suggested anything close that. I stand to be corrected.

Starmish:
Lol

I don't remember mentioning you specifically.

I just knew you would crawl out of your shell to come pontificate here.

When I made the post 3 years ago, did I tag you or invited you to come here and prove your "holier than thou" status, or did I not own up to my fault, mr "I am better than you"

Abeg stay on your lane, Yeye somebody. You don't even know about Schengen VISAs and you come here to say I am here thanking God for the wrong thing and that "I don't believe that non of those countries asked in their visa application form if you have been denied visa or entry to any country in the past." - something you know nothing about!

Olodo!

Can't you make your points without insulting him? Please let's choose our words carefully. Congratulations! Next good news is your entry into USA again. All the best.

Ok

Does it worth it?

FSU:
Banks to start charging fees for deposit above 500k?

Very simple,get to the bank with 500k, fill 2 deposit slips with 250k each.

Say bye to the bank charge

Apparently, the Nigerian government policy designers don't think beyond their noses. Clueless people

I think it is 500k per day. I would rather withdraw or deposit 499k to avoid the charges.

FarahAideed:
Well let be realistic the economy under Buhari in the last 4 years has been in tatters and if Osinbanjo was in charge of the economic team it meant he wasn't doing the good job so the sack of his team is in order

10000 likes for this post.

ok

DaBogu:
BREAKING: Nigeria’s inflation rate drops to 11.02% in August 2019, slowest in over three years

Inflation dropped by 0.06% points year-on-year

Food inflation dropped to 13.17% from 13.39%,

Core inflation dropped to 8.68% from 8.80% recorded in July.

Source:Nairametrics.

Hmmnn!

ernie4life:
yes, its secondary market, so its always on sale

Thank you.

ernie4life, any available Eurobond one can buy?

feelamong:
I actually bought from AXA Mansard..

am also aware that UBA, FBN Quest and Stanbic all offer Eurobond products too

Thank you.

feelamong:
I was faced with this dilemma sometime last year when i did some research and saw how much i lost holding Tbills when I should have switched to Eurobonds shortly before the last devaluation of Naira.

However we all need to understand some things, we might never see another major devaluation of up to 100% like we saw the last time, but over time stats have shown that we are all far better off holding dollars.

What i did was to move 40% of my Liquid assets to Eurobonds, while keeping the remaining 40% in Treasury Bills and 20% in Mutual funds.

In the short term, you will be lucky to get up to 10% return in Eurobond..(I was lucky to buy Fidelity bank Eurobond at 10.5% yield) from what i see now its about 8% now. However you can sleep well knowing that the fear of Devaluation will not affect you that badly if and when it comes...however, you will not get up to the 18% we got from Treasury Bills sometime ago.

So my advise is that, it is good for everyone to have some of his liquid assets in Dollars Investments and Eurobonds is the place to be.

If you are also like me that enjoy taking risk....buying Bitcoins is another way to diversify away from Naira (This is a risky bet though)

Do you know any investment house or bank that we can buy Eurobonds or that offer dollar investment?

Great pictures!

pointednose:
Sorry about that.

When did he apply and when did he get the response?

He applied in June, got response last week Monday.

FYsol:
Sorry about your brother's refusal @IamR , From what i could gather, it is apparent your brother is a high networth individual. DM me so that I can guide you how I changed my purpose of visit from just a vacation that earned me a refusal to exploratory visit where I stated boldly I am interested in becoming a Permanent Residence but needed to come around to explore business opportunities.

Ok, thanks. Yes, he is.

NothingDoMe:
What does he do? Did the conference align with his current occupation?

He was going for a geoscience conference and he has a PhD in geoscience. He works in a land management firm.

pufframmy:
Application Denied 2nd Application fed-up already

My brother got second refusal too.

Reasons for first refusal:

Travel history
Purpose of visit

Reasons for second refusal:

Travel history: he has only being to east African countries.

Purpose of visit: the conference was postponed till next year. We are not sure if the consular knew that the conference would be postponed during the visa processing. The conference organizers sent a letter to him that the conference has been postponed a week after visa refusal.

Finance: he submitted statement of account of 10 million naira and treasury bills certificate of 25 million naira.

Asset: he submitted 8 landed properties worth 80 million naira.

amdman:
It is automatic transmission.

You can reach us via whatsapp on +14372215476

OK

amdman:
It’s still available

How can we talk about it and is it automatic transmission?