₦airaland Forum

Na wa oh

Oyibopepe2000:
Honestly I thought I was the only one going gaga over this deducting WHT from matured investments of interests that one has long spent. Tampering with people's capital.
It's like a sadistic attempt to pull people down
Financially.
I mean it's bad enough that they're taxing us from the money borrowed from us, it's worse that the WHT rate is that high and worst that it has to be deducted at maturity from one's capital.
Or could it be a lame strategy of trying to trick people into reinvesting their interest till maturity?
Honestly this country is crazy

Please everyone complete this 2-minute electricity research survey: https://tally.so/r/waqpvb

Exam season is on the horizon! Countless papers to turn in! Peeps are gonna be scarce in a short while, and then back with reckless abandon afterwards.

Toyinmade:
Hi everyone. Please a friend of mine is bin given conditional admission due to low toefl score and she was asked to attend els language center in USA for one year, also her I-20 was sent by the center due. What is her chance of getting a visa? Please has anyone been given such admission here before? How would she answer if the vo ask her why did she not re write toefl instead?

It is better she does TOEFL again. She should study hard for it and practice as well. I say this because it is more economical, and she saves herself the stress of doing 2 ESOL classes in 2 semesters when she gets here. While in Nigeria, there's a tendency to be desperate and jump at the offer. But I say, when she gets here, the slightest pre-requisite will seem like an additional burden. Moreover, She may be billed for the ESOL classes, and when she sees the tuition cost, she'll wish she had re-taken it in Nigeria for a "give-away" price.

OluDare01:
Where were you when someone wanna sell $ last weekend

Chai! Dem no PM me naaa. I was busy with studies. Na since Feb 22 my offer dey o.

ImpeccableOne:
I have Naira for sale, I need Dollars @ Form A rate. N375 per $. Naira will be transferred to your account from mine via Online banking.

Still on offer o...lest I change to N320

ImpeccableOne:
I have Naira for sale, I need Dollars @ Form A rate. N375 per $. Naira will be transferred to your account from mine via Online banking.

Feb 22 - Mar 21.

jeffery23:
hello great gurus in the house, i have a bsc in
accounting 3.48/5 cgpa to be precise, am so confused
at the moment, don't knw the schools to choose that
is still affordable for masters in management or
business management, kindly tell me your
suggestions, and please am I to write only Gmat
exam or toelf too?
thanks and God bless you all

For business or management graduate programs, the GMAT exam is preferred by schools than GRE. Many top business schools accept only the GMAT. You need to know however that the GMAT and GRE cannot be compared when it comes to difficulty level. The GMAT is on another level. One could get above 315 in GRE and not be able to score over 600 in the GMAT. The GRE is much easier. However, some schools will accept the GRE. Also, some schools have a scale on equivalent scores ie. what specific score a 600 in GMAT translates to in the GRE.
The easier route is to find a school that will accept GRE. If you know yourself and believe you can break the GMAT, please go ahead and take it over the GRE.
As regards TOEFL, take it! I'm not sure if management/business schools give assistantships to international students, but if they do, I bet they'd have good TOEFL scores as a criteria for eligibility.

thacokeboy:
can someone now use GTBANK card for international transactions? like paying for app fee?

Yes it's still working. $100 per month limit.

signature2012:
Use your brain wisely.....Back to my question,read it again,but do it slowly this time.

See this one...kettle calling pot black. Don't worry, your extra hard earned Dollar would become N1000 soon eh, then you ask those still in Nigeria that want to pay sevis fee of $200 to send you N200,000. As if by your own effort or power, you increased the value of the Dollar you earn. Are you working much harder this year than you did last year? Your Dollar has appreciated in value in Nigeria by your effort abi!...by your working hard...
*Yimu*

signature2012:
Why?I ask you an upper cut question.

He has conscience,he wont want to lie.

Why don't you think before asking invalid questions? If I say I have Naira in my bank account now, why do I need to do any conversion or send money home? I have money at home! I can simply send Naira to whoever from my Naira account.
Naira is now soft earned and Dollar hard earned. Smh.

signature2012:
You want to exchange $1 for N375,keep dreaming.Good you said you work in US,so let me ask you this question.

When last did you send money home using western union or money gram?

*Yawns*

Scholastica16:
Cynic alert!

I have a feeling you want the exchange rate to keep getting bad. Perhaps, you benefit from round-tripping it. This is most certainly the reason even good policies fail in Nigeria- because someone somewhere is devising means to circumvent it.

I saw a subsequent post where you stated you are an ex-banker. If that is true, you should know that the FG had been pumping in FX (as much as they could) but the exchange rate kept getting worse because they prioritized manufacturers who in turn were re-selling said FX back through the BMs in order to make outrageous profits.

Well, the CBN Governor has changed methods and now FX is released to benefit school tuitions and PTA amongst other school related things so I am optimistic it will work and LAST. One reason I feel so is because the FX for the tuition will not be handed to the customer but will be wired directly to the respective schools who will have a hard time re-wiring money to the customer (if they wanted to be disingenuous) seeing that they could face money-laundering crimes in their country.

Please preach on! They'd be attacking me as if I wished Nigeria and Nigerians bad. Citizens of other countries, even though they live in the US, will never hope their country's currency continues to fall in value.
Someone came to the US in 2014 when the rate was 180 or less, and expects students who want to come now to pay N520. They would only be looking from one perspective. To be fair, one must consider all views. See iCool said he had been calculating how he'd get Dollars for over N600. Come on!
We here in the US know that the Naira is not that of little value compared to the Dollar. In Walmart, one flimsy set of toothpicks costs over $1. In Nigeria, you could buy ten of that same quality with N500. N500 to $1 is a lie, big lie. Even though Dollar is so scarce, why should it get above N500? There's no rationale to it.
I work here in the US, the people in Nigeria also work as well to earn Naira, so no one should say the Dollar they are earning was earned through hard work. Is the Naira Nigerians earning earned via soft work??

Walspring:
The truth of the matter is that it will be very hard to see someone who will give it to you at that rate unless the person just wish to do it because even in Texas a friend told me the current rate of $1 to #480 two or three weeks ago when I helped him with some cash and I was like BDC office don dey Texas be that and he transfer it back to me within 2-3 days..

Anyone can come here tomorrow to give you that amount maybe his spirit wanted him to give it that amount but you posting the above I don't think you will see because in this country where you and i can see higher amount that where we will run after same way I and others went after MMM just because we wanted registration bonus and 30%

Lol. You know, I read your posts then last year when MMM was reigning. You were so confident in the scheme and were ready to defend it as though you owned the company. You have a good sense of humor to be talking cheerfully about the defunct scheme. Anyway, I'm not sure it has packed up, could you confirm to me? I have family that invested in the scheme (over a million Naira), and when they told me about how sustainable it was last year, and how they wished they had joined the scheme from day one, I immediately told them to tread with caution. After a few hours of research, I told them to start taking their funds out of the scheme ASAP because of one simple fault - there was no one you could hold accountable when all fails.
Today, I don't even have the heart to ask them if they were able to recover their funds.

femi321:
Lmaooo..You talk as if Naira has more value than Dollar, the owner of the dollar has the final say and i dont think you will ever find someone that will do this for you except he/she just wants to do charity for you. Instead of buying your dolar i am sure he//she will use boxypay for #460. I wish you all the best in finding that charity organization

Glad akin3102 has corrected you that $ is N375.
Most people are subconsciously happy about the falling Naira. I have cousins here in the US who are now citizens hoping that the Dollar gets to N1000. Because you no longer live in Nigeria does not mean you should hope the Dollar you earn here continues to increase in value back home. The N500 you sent in 2014 and the N1200 you send now both likely have the same purchasing power.
See, even the Dollar that we think is high and mighty is likely to fall in the not-so-distant future, but not as that of the Naira. The confidence it currently has worldwide will reduce, because governments around the world would begin to question it's current value as there are certain indicators blinking at the moment. Americans abroad will certainly not hope their currency loses value.
I earn Dollars here too, and send back home so don't think my perception of the matter is incomprehensible.

femi321:
Lmaooo..You talk as if Naira has more value than Dollar, the owner of the dollar has the final say and i dont think you will ever find someone that will do this for you except he/she just wants to do charity for you. Instead of buying your dolar i am sure he//she will use boxypay for #460. I wish you all the best in finding that charity organization

Glad akin3102 has corrected you that $ is N375.
Most people are subconsciously happy about the falling Naira. I have cousins here in the US who are now citizens hoping that the Dollar gets to N1000. Because you no longer live in Nigeria does not mean you should hope the Dollar you earn here continues to increase in value back home. The N500 you sent in 2014 and the N1200 you send now both likely have the same purchasing power.
See, even the Dollar that we think is high and mighty is likely to fall in the not-so-distant future, but not as that of the Naira. The confidence it currently has worldwide will reduce, because governments around the world would begin to question it's current value as there are certain indicators blinking at the moment. Americans abroad will certainly not hope their currency loses value.
I earn Dollars here too, and send back home so don't think my perception of the matter is incomprehensible.

femi321:
Its obvious you are just doing comedy here please dont derail the thread and lets be serious abeg

I am more serious than you.

imperiouxx:
Instead of blaming this on innocent people, you could have channeled the same energy to blame the government for stealing and hoarding money. This is about inflation, market crashing, economy going downward in spiral. People sending money home work their asses.off to get that dollar. These people have families in Nigeria who are also affected by this inflation, spending twice as much. So expecting them to accept your N375 per $1 offer is like a scene in movie 'Alice in wonderland'.

You better cut it.

What sentence up denotes that I'm blaming anyone? I said we should not be excited about the falling Naira. Of course I also work my ass off to send Dollars home. Do you think I don't work here and send money home as well?
Let my post be a fairy tale...and ignore it if you're not interested.

Even though we are in the US, let us not glory in the fact that the Naira has depreciated to such a ridiculous level. We all have family and friends back at home, and we know how the situation is affecting them. Inflation is going unchecked and I feel pained as though I'm still in Nigeria. I don't desire that the Naira continues falling. I hope it appreciates. You too should hope same as well. If you are desiring that it should get worse, you are wrong...so wrong.
You have family and friends back home...besides not everyone in Nigeria can immigrate abroad.

For those interested, I've got as much Naira as you want at N375 per $. Not limited to $200 or $500 or $1000 equivalent value.

LagosismyHome:
let be honest , why will someone exchange at this rate for you ......... What is the gain to the other person ,especially when the person can easily get a naira exchange from at least 480 and above . .............think , if it was you on the other-side you go exchange? .

Well, everyone is free to give their own quote. Do you know some people travel back to Nigeria with Dollars and exchange it at those BDCs at the airport even today? Some even do that at the bank...though very few, but I know it still happens.
Not everyone is seeking a gain in that way...some will be satisfied with N375.

worry357:
Ha Ha!

The person who sets the rate is the one with dollars to sell!
You want charity at that rate, be prepared to pay black market rate IF you can find someone selling.

My dear, don't discredit the Naira just yet. It has appreciated from N520 to N505 from 20th to 22nd Feb. The person who needs Naira will buy when they need it. Naira is still on offer guys! N375 to $1.
If you have GTB or FBN acct, you'll get the Naira in your account as I hit the submit button on my internet banking. No NEFT delays.

ganiyuadeoye:
The Surface mail/NIPOST is 2000 but is there any assurance that the document will get to its destination?

Yes, it will get there. I did so for the school in which I'm in now, and it got to them like 5 weeks later after sending it.

I have Naira for sale, I need Dollars @ Form A rate. N375 per $. Naira will be transferred to your account from mine via Online banking.

Still on offer o...I may soon change to N320.

Ah! It has finally happened! I thought as much...516! Access will definitely follow suit. So that means everyone will head to the black market now which could raise the price further. If you have done your application fees online payments already, good for you!

Gtbank Suspends Use Of GT Mastercard For Online Payment
February 19, 2017 EZEKIEL ENEJETA BANKING
http://www.financialwatchngr.com/2017/02/19/gtbank-suspends-use-of-mastercard-for-online-payment

fbtowner:
No b today.


This thing really affected me and my friends in my days in uni


only for us to find out that it's the lecturers girlfriend in our class that marks our exam script and also record CA for us

like say that one no do

in my dept u dear not call for ur script only if you don't want to graduate and u would put all your course mates in trouble too


there was a time I lead a team to investigate why me and my friends failed a course. A particular lecturer warned us to drop it and accept faith but we didn't.

it's the major reason i give zero value to B.Sc expecially in my school.

Dear or Dare?
Leaded, Lead or Led?
Faith or Fate?

TWoods:
Apologies, but all these low ranking schools people are rushing to. I hope you're aware that the strength of your program goes a long way in determining your value in the job market?

!

OGreene:
Form A rate for school fees is way less than 375/$ na.

Form A should be 305-315 per dollar or so

Really? What part of the planet are you on? After you pay charges, it'll be like N380 sef.

ahahnow:
Good evening. I want to apply to UC Berkeley. Is anyone applying there too? Also, how do I get funding for the school? Thanks PS. What GRE score should I be aiming for if I want to gain admission? One love

I hope you've looked up its ranking. It's like top 5 in the world. So aim for 339 out of 340 for GRE, or hit the nail on the head. Once you do that, we can talk about funding. Hope your CGPA is like 4.80-5.00.

strictlynaija:
Hello All,

I wrote my IELTS test late last year. I need help on how to forward official copies of my result to schools in US; I checked British Council website but nothing seems to talk about this.

Urgent response pleaseeeeeeeeeeeee.

Cheers


#Team2017Fall

If the deadline for receipt of your IELTS scores is still far, like six weeks away, you can send via surface mail/NIPOST. Ask them at British Council for this option. Usually, by default, they'd inform you of the courier option first which is one ridiculous amount. I think the NIPOST option is N500 or so.