₦airaland Forum

Did you change your passport that have the Visa due to the name change? If yes just travel with the old passport with Visa and new one along with any affidavit/newspaper change of name documents

Deronke1:
Hi guys,, please i have a valid canada visitors visa until 2026,, but i changed my surname on nin due to marriage,,,,

Will it affect my current visa being that my surname is now different??

Your 100% accurate information is based on what you have seen. You don't know all the situation even if you have been in Canada for donkey years. Theres no rule of thumbs.....situation differs

affoncad:
I want to assure you that I am providing 100% accurate information, whether you choose to believe it or not, that does not alter the facts. I have lived long enough in Canada to see many situation, and the idea that your friend paid $5,000 for a job seems suspicious. It is not customary to pay for job in Canada, and with the current demand for Labour Market Impact Assessments (LMIA), if someone tells you they are being sold for $5,000, then that smaller price alone is a bigger red flag but under normal situation You should not need to pay anyone for a job, and it's important that we convey the truth to our community. Some nigerians will arrive in Canada on visit visa and claim asylum to receive a work permit, but then falsely tell their friends back home that they changed their status to a work permit. Unfortunately, 98% of nigerian who come to Canada on visit visa hoping to obtain an LMIA and switch to a work permit either get scammed or end up claiming asylum ..with the current job situation in canada if any company throw advert for 20 health care job ,l can assure you that they will see over 100 applicant with full work permit tomorrow at their office doorstep so i leave the gambling to you to accept the fact or see it as discouragement on your lmia chase as others do and later get stranded on the asylum route.

Thank you so much

Freespirit89:
You simply need to complete the E-Dividend mandate form for the registrars of the companies you owned shares in and the dividend will be processed and paid into your account.

Good afternoon house.
Please how do I make application for my stock dividends to be paid directly into my bank account?
I need a guide from someone that did his/hers recently.

Thanks

Please who has recently submit a application for dividends on his/her stock and received dividends? Can you share the process. I made an application through my registrar and did not receive any response.
Thanks

computerglobal:
We have responded by mail

Pls kindly check your mail

Thanks for the prompt reply. I have received the email and it's clarified.

Thanks once again for taking out time to explain and clarify what my concerns are.

computerglobal:


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I did contact them, but the Carfax report sent to me did not sort it based by the numbers of owner, and I did not the the numbers of previous owners on the Carfax report.

Thanks for the assistance you are providing.

Please help me to check this VIN.

1FTPW14V58FB52437

Thanks in advance

Thanks for the good job and assistance you are doing.
Please kindly help me check this VIN

1FTPW14V58FB52437

Thanks in advance

sherif4owo:
I always send my TB instructions by mail to all the banks.

Including STANBIC IBTC??

naijaobi:
This is not a good yardstick to measure since MMF prices varies daily whereas, the price you entered at the onset of a TB is what you will get until the end of it.

ajeleomo:
so one should accept 10% or even 11%? what will be your best rate entry?

Personally when I'm buying TB, its min of 182 days and the rate must be higher that what MMF offer. So my entry rate for 182 days TB is usually higher that of the MMF, if not I still keep my funds in MMF.

dotcomnamename:
Are you now saying Mutual Funds is risk or Capital is not not guarantee?

As you already know, Mutual Funds Capital is guarantee 100% so far they invest in Money markets (TB etc)

Good Morning ladies and gentlemen.

Trust we had a great weekend?

Just my little advice (again) on MMF and TB investment and please let all the newbie did a little read up form previous pages the answers you needed are already here....but me I love to answer same question anytime sha...it keeps this thread alive

1. TB investment is straight forward if you know you wont have a need for cash urgently, go for minimum of 182 days

2. Invest in 1st tier banks: my picks are FBN, STANBIC and GTB (I use STANBIC & GTB)...they usually have good rates...please when you hear ZENITH ruuuunnnn!!! (except they are better now sha, i divorced Zenith TB long time ago)

3. Use the interest you get in TB above to invest MMF: actually i dont really have picks in MMF but my current MMF funds manager are STANBIC, IONE and AXA

3. Currently I'm saving between 30% to 60% of my monthly salary. Once I have up to withdraw-able 100K in my MMF, I withdraw and invest in TB and interest again in MMF.

4. Currently I have only 2 month that I don't have a matured TB investment, other remaining 10 month, alert must drop ni and I reinvest ASAP.

The key is to know what your investment plans are.

I'm open to any questions, feel free to ask there are gurus in the house to answer you

NB: I am not a staff of any banks or financial institutions.

May God Almighty bless our hustle and grant us all our financial goals.

hardeydhoying:
Is Capital guaranteed for Treasury Bills?

100% guaranteed...so far Nigeria as a country still exist

It's time to Port again ooo

A very good morning.

Guys I have learnt a lot from this group and it would be beneficial to share some of the tips i am adopting.

If you know you don't need your cash in 6 month or 1 year time, now is the time to invest in TB (some MMF rates are not juicy again) You can go to your banks and ask for rates GTB, FBN & STANBIC are my picks.

Work out some % of your money and invest bit by bit as the rates might increase over the coming weeks/months.

So if you wanna follow the train...port oooooo

According to wiktionary.com "What's good for the goose is good for the gander" is from earlier "what's sauce for the goose is sauce for the gander" (1670s). Other early forms include “as deep drinketh the goose as the gander” (1562) which literary translates to "What is good for a woman is equally good for a man; or, what a woman can have or do, so can a man have or do" "if something is good or acceptable for one person it is therefore good or acceptable for another person"

Apologies in advance to the ladies men that might read this, its not ALL about Sexism but just some experimental truth.

I have experienced so much in life and established that life does not treat us equally. If each and every one of us, no matter which society we grew up have considered every phase of our growing up, we would have noticed that life has not treated us equally.

When a Lady sleeps around its termed negative, when a man does its termed positive.
When a Lady is sexually assaulted by opposite sex its big issue, when a man is sexually assaulted by opposite sex its no big deal.
When a First class graduate fails to get a job, and a Pass class graduate gets a job easily the society is not fair.
Its normal for a man to walk his ways to the top, but if a ladies does its an exceptional ability.

The list can go on and on, but its the reality we have to deal with.

What's good for the goose should also be good for the gander, but in the world we are today that's not always true.

We just need to deal with how life treated us and hope "fairness" will always play it's role.

musty00:
Is 80% not too much for first tranch? It's almost like full entry. The remaining 20% will not have much effect.

I already had my 1st tranch at N23 (30%) so na the rem 50% dey wait for N18....the rem 20% just incase (Zenith dey work make this N13 no materialized)

I don sell my papa and mama lands so the digits make sense

Agbalowomeri:
2nd legover ongoing
Part 3 coming soon
November, grab your copy

Agba, we dey follow calculatively sir...abeg publish it soon ooooo

stcool:
kai, u wicked oh! N9 people go get high blood pressure for here. I just started buying today would add as things unfold. I think below 20 is good for me.

I think so too...I'm waiting at N18 to go 80% of my planned investment amount for Zenith and the remaining 20% at around N13

DeRuggedProf:
Waiting @N9.00.
Zenith!Zenith!!Zenith!!! You can do it, you did it before.
Na Zenith dey rush us...

eniba wo iseju Akan, yio pe leti omi

Gavrelino123:
TB is King anyday,anytime..!!
How can one compare TB to MMF .? What a joke..
In TB,you get your interest UPFRONT while in MMF your interest is compounded daily.....Don't be deceived by the higher interest rate because if we apply the time value of money,MMF will be boxed down the ring utterly..
Remember in TB you sleep with your two eyes closed once you are credited with the UPFRONT INTEREST, while in MMF you have to be monitoring your investment daily.......My brother,"Peace of mind" should come first.
Also,MMF have more bank charges compared to TB.
MMF is just an attached investment..
Fund managers,....lol........I agree they are experts to a reasonable extent...but don't be surprised that some Fund Mangers don't even do MMF but TB.
Even the best investors in MMF have their "Main funds" in T.B...ask them well,and they will tell you.
You can just use your attached interest and invest it in MMF...
MMF is in the same league with "Fixed Deposit" but a better upgrade.....but never compare it to T.B.

Quite Right,

But both TB and MMF are kings anytime any day.

The basic is to know what your appetites are, we don't all want to put our eggs in one basket, neither want to be cash strapped.

If you are sure you wont need your cash in 3, 6 or 12 months, you can go for TB (yes you can sell in secondary market anytime, but if you have attempted to do that you will know that the rates are not juicy at all).

If you are the type that have the probability of needing emergency cash, then go for MMF.

I do both TB and MMF (in calculated proportions) and I'm having rest of mind....not until I decided to stake in high risk MMF

Agbalowomeri:
Cp taking bull account Lol
Me na bear account I wan take when;

Diamond enter 50kobo
Zenith enter N13
Guaranty N18
Fidelity 70kobo
Fcmb 70kobo
Ucap N1.80k
Afriprud N2.50kobo
Honeywell 80kobo
Dangote Flour N4
Flourmills N12
Conoil N10
Uba N4
FBNH N4
Access N4
Aiico 20kobo
Nem N80kobo
Continsure N1
Constodyn N3
ASI 25k

#I dey my village, come beat me

Prof. Agba's,

A very good morning to you sir.

Is there any update to your prophecy or the statusquo still remain? LOL

Current price /Me to enter
Diamond enter 50kobo -- N1.25 /80k
Zenith enter N13 -- N21.9 /N18
Guaranty N18 -- N37.05 /N25
Fidelity 70kobo -- N1.7 /N1
Fcmb 70kobo -- N1.82 /N1
Ucap N1.80k -- N3.0 /N1.8
Afriprud N2.50kobo -- N4 /N3
Honeywell 80kobo -- ***
Dangote Flour N4 -- N7.95 /N5
Flourmills N12 -- N22 /N15
Conoil N10 -- N24.3 /N18
Uba N4 -- N8.05 /N5
FBNH N4 -- N9.15 /N5
Access N4 -- N9.35 /N6
Aiico 20kobo -- 99kobo /50Kobo
Nem N80kobo -- N3.31 /N1
Continsure N1 -- N1.5 N1
Constodyn N3 -- N5.41 /N3.5
ASI 25k ***

Abeg make you prophesy with mercy abeg...and please advice

lgboks:
How do I calculate daily interest for stanbic ibtc mmf. I know their daily score is about 11%. But I still don't get how to calculate their daily added interest.
I was calculating 11% of 40000 = 4400
Then realized am greedy

Lolllz....once calculated it like that too..how we wish..

you need to further divide the 4400 by 365 (nos of days in a year) so it will be around N12 per day.

Hope this helps

Dear Followers of this thread.

I think this might help those that are not aware.

You can follow this thread to learn more and for information on Stock Markets:

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/3878

It will help those that invest in EQUITIES Based MMF know why the unit share price is reducing.

But PLEASE! PLEASE!! AND PLEASE!!! be careful so that you will not be lured to buy shares, Yes some monikers are experts in luring people to buy shares in some companies on that thread.

Hoping we will all learn something beneficial there

Moses247:
Na waooo So no one can guide me on secondary market bidding! I want to know if I can go for d secondary market tomorrow??

Yes you can to your bank for secondary market tomorrow (Monday 3rd). Ask the customer care officer that you want to invest in TB and will guide you accordingly. Its that simple.

Feel free to ask any other specific question, we are here for you.

Hope this helps

Buffalowings3:
Useless Axamansard, ARM..

These funds are tied to the stock market


The amount wey I put there dey reduce.

Thieves everywhere.

I was hoping that at least the money will stay the same.
Invest in TB for now

Bros,

Just to gear you up, you are not alone in this. some peoples portfolios in stock has reduced drastically and in negative as we speak.

I also have EQUITIES based MMFs and are currently in loss. So keep the hopes high, we are in this together

But I will like you to learn from this, its your personal experience that you will share to others to learn from.

All is well

4601CE:
The thing just dy give me unnecessary headache jare .
I no calculate again .

That is one of my issues with STANBIC MMF...they are not transparent with their charges.

Eg Yesterday my interest was 11.21% and i think their website shows 11.63%, so don't give yourself unnecessary headache like you said

Tales of corruption in Nigeria are legion. And like many analysts of the country, Matthew Page has his favorites. There's the case of the clerk at the state examinations board who was called to account for the disappearance of $100,000 in exam fees. While news accounts of her explanations varied, according to some reports, "she claimed that a magical snake had slithered into the safe and eaten the money," chuckles Page, who spent more than a decade studying Nigeria as an intelligence officer for various U.S. agencies.

Then there's the mile-long "monorail to nowhere" in the city of Port Harcourt. A state governor poured $400 million into building it, says Page. Then, shortly before completion, his successor halted construction. "So, it's never run a single train."

Page's amusement at such stories is tempered by concern over the larger implications – a concern widely held among Nigerians themselves. Nigeria consistently scores near the top of an annual "Corruption Perception Index" put together by the watchdog group Transparency International. And Oluseun Onigbinde — the founder of a Nigerian nonprofit that tracks his government's spending — considers corruption "an existential threat" to his country. Nigeria, says Onigbinde, "has a huge treasure chest of oil wealth. And yet we have some of the worst socioeconomic indicators – things like maternal mortality rates – in the world."

Onigbinde is among the Nigerians trying to tackle the issue: His organization, called BudgIT, simplifies budgeting information on public projects so that citizens can monitor whether officials are spending the money as intended – and call them out if they don't.

But such reform efforts are complicated by the sheer pervasiveness of corruption in Nigeria, says Page, who is now a fellow at several think tanks including the London-based Chatham House. The practice takes so many forms and pervades so many aspects of life in Nigeria, he explains, it's hard to put together a full picture.

Now Page has proposed a way to do just that: A "taxonomy" tool that classifies each type of corruption according to the tactic employed (bribery, extortion, etc.) and the sector it's used in (agriculture, electoral politics, etc.). The result, arrived at in consultation with Nigerian experts and ordinary citizens and first published by the Carnegie Endowment for International Peace, is a compendium of more than 500 distinct species of corruption in Nigeria.

NPR spoke with Page about what his taxonomy reveals and why it could be useful beyond Nigeria. (This conversation has been edited for length and clarity.)

Why he's doing this for Nigeria specifically

There is certainly no shortage of countries struggling with corruption, notes Page. "What I would love to see is if someone who worked in say, Uzbekistan or Brazil, saw this tool and adapted it," so other countries can be compared to Nigeria.

That said, says Page, among experts on corruption it's a widely held view that "Nigeria is definitely in the premiership league of corrupt countries."

"This is not because there is anything unique about Nigerians that make them more corrupt," he adds, but because of a "perfect storm" of circumstances. Nigeria's petroleum reserves mean "there's an enormous amount of money flowing into public coffers." Years of military rule prior to the return to democracy in 1999 "resulted in a hollowing out of public institutions." And there are more than 360 different ethnic groups in a nation where "the identity of being a Nigerian sometimes isn't as strong as your local identity."

The result, Page says: "There's this perception among officials in Nigeria] that national government is there to divide up the booty of oil wealth." And that political culture then filters through to layers below, to the point where even local police or school teachers or receptionists at public hospitals may consider it their right to demand bribes. "It's about people monetizing their position in society so that even people with the lowest amount of authority will use that to extract a small amount."

What he learned by putting this taxonomy

One benefit, says Page, is that the taxonomy has pointed up a number of significant areas of potential corruption that had been largely overlooked.

For instance, there's been a recent explosion in programs to help small businesses – essentially micro-grants and loans to help people in poverty launch or expand very small enterprises – selling phone cards in a market, say, or opening a hair-styling stall. "One thing that surprised me was the extent to which this has become a real black hole into which politicians can push money and really not have accountability in terms of how it's spent," says Page.

This doesn't mean that microfinance isn't helping people, he adds. But in a country like Nigeria the potential for theft is enormous. "You have politicians giving these small amounts – say $5,000 [divided up among] their constituents," he says. "No one really monitors the impact. It becomes just another form of patronage. So for me it's interesting that this trend in international development has been Nigeria-ized by local politicians — turned into something that fits into their usual bad habits and undermines the point of the aid."

Over the next year, says Page, he plans to hone in on small business grant programs to get a better sense of the extent of waste and corruption involved. "This has given me a road map for looking at the problem in greater depth."

Why he's included practices that are technically legal, such as high salaries for public officials and "white elephant" wasteful spending projects

Outside of Nigeria it may seem odd – and even controversial – to label such practices "corruption" says Page. But among both scholars of Nigeria and ordinary Nigerian citizens these practices "really resonate as a form of corruption."

"When so many Nigerians live on less than $2 a day, having legislators who are among the highest paid in the world – we're talking around $500,000 per year in salary and allowances [for many]– stands out as being excessive and essentially a form of corruption. It really jumps out at people as an abuse of office and a mechanism for self-enrichment."

Similarly, government projects whose financial benefit seems dubious are often simply avenues for the politicians controlling them to funnel jobs to cronies and arrange for kickbacks. "They're like gateway drugs into more recognizable forms of illicit corruption like contract fraud."

It's no accident, Page adds wryly, that Nigeria has no less than three separate space agencies. "Given Nigeria's many needs and challenges these agencies are obviously unwise and improper," he says. At best they are wasting public funds on civil servants without delivering much in the way of public goods. But at worse space programs are particularly ripe for corruption scams. "Because at the end of the day, unlike health or law enforcement or defense where there's a visible purpose to the spending, [spending on space projects] is out of sight and out of mind of most people."

Journalists share some of the blame.

"What's called 'brown envelope' journalism is a real problem," says Page. It refers to the practice of officials paying journalists or publications to run a story that is favorable to the official – or to give the journalists hush money in exchange for withholding an unfavorable piece.

"It's almost a form of entrepreneurialism among journalists who are poorly paid and operating in a media landscape that is crowded and very competitive," he says.

Page adds that the situation is nuanced. "I do know many of these journalists on a personal level and some are incredibly scrupulous." But he adds, it can be hard for them too. "If you're a journalist and you uncover embarrassing dirt on a politician – and it's a very target rich environment so there's a lot of dirt to be found on people in public life! – you could ... send it up to your editor. But then he could turn around and take money in exchange for quashing it."

In a similar vein, says Page, there are also corrupt civil society groups that take money in exchange for organizing public demonstrations that serve the payer's interest – say supporting a politician's plan, or protesting their opponent. "There's a lot of rent-a-crowd going on in Nigeria driven by politicians. They'll basically try to co-opt non-governmental organizations."

The solution to all this corruption — and how the taxonomy helps

There is no easy fix, says Page. And the solution to each specific corruption must be tailored to the situation. But he says identifying all the forms in detail is an important start. "I don't want to make exaggerated claims about how this can be the magic wand to solve things. But I felt that what was really holding us back was a sophisticated understanding of the problem. So this is about creating a road map for those tasked with coming up with solutions."

© https://www.npr.org/sections/goatsandsoda/2018/08/28/641245377/a-new-taxonomy-of-corruption-in-nigeria-finds-500-different-kinds

4601CE:
You don sight bonanza period
My Oga o
Oya check this out.

aremso:
i no sight bonanza period o ooo i need the money sharpaly that is why ooo and none of my ogas don answer me ooo

Out of curiosity guys, abeg wetin be bonanza period

Psychodavidovic:
Thank you very much. Opening an account via the app immediately.

Any idea where i can see the rates ? Tried fman but couldn't see it there.

you can see the rates on:

http://www.stanbicibtcassetmanagement.com/

http://fman.com.ng/mutual-fund-price-list/

Psychodavidovic:
How much is the minimum one can invest in stanbic mmf ?

Can i open new mutual fund account with the app and invest online then upgrade the account to accommodate more funds later ?

The minimum amount you can invest is 5K (based on thier website and application form)

and yes you can open new account and fund with the app/online and upgrade later after submitting your KYC documents.

Ikmontana1:
hi bosses in d haus,
pls am a novice in d mmf investment stuff,
I intend investing 1 million in maybe FBN mmf, wat is d current interest rate, n wat will b ma interest on 1million after a year ??
wat are d risks associated wit mmf ??
thanks

The interest rate (per year) varies and you can get interest rate from here or your fund manager website:

http://fman.com.ng/mutual-fund-price-list/

with this you should be able to calculate your approximate interest after a year.

the risk i deduced from MMF is if my Fund manager or the instruments they invested my money in collapse or if they run away with my money (the risks with MMF are significantly low)