₦airaland Forum

Iscoflexxman:
Make sure you have a friend you can trust or a family member you can trust,

Struck a deal with him, he will buy usdt in cidis, which will be cheap, yes, cheap, he will transfer you the usdt, you will then pay him, it's like you are buying it from him at a cheap rate.


You then sell at a higher rate on binance, higher the usdt, higher your income...

Usdt dey rise in naira every day.

Ok.. two things?

How will I send the cedi back to him?
Also, if say I start with 8,300 cedi = 1000 usdt, how much gain is one looking at?

Iamicekid:
A lot of people do, the only thing is there is law that protect everyone but people ain’t just aware or conscious enough of it, so to those that ain’t conscious of it falls victims, and also to some they will categorically tell you that they don’t need it cause to them planning prenup before wedding is like, they already have it at the back of there mind that is going to fail, so they don’t want it , so when divorce now happen they start blaming the law, where has the law give you the right to protect yourself but you are saying you want your own way, which the law also support but if your own way fails that doesn’t mean the law won’t take it course

There are basic laws that superseed prenup. If your prenup is not intune with the law, it can even be seen as slavery.
If the woman has custody of the kids, she gets the house. No prenup will stop that.
Now ask yourself, how many Nigerians in diaspora can boast of more than a house at time of marriage?

Point is, if you have just the basics, don't waste your tjme on prenup

Iamicekid:
Bro try read about prenup well, it doesn’t work like that, prenup covers you totally, with ur current and future properties you might acquire along the line, the cases you are talking about is if you tell ur lawyer or agreement between ur spouse to add a clause there stating what u have during the marriage doesn’t count… for example what do you think is giving Kanye west liver till now, the clause in there prenup is that Kanye only owes Kim 1million dollars for each year she spent in the marriage, so if she spend 10yrs na 10million she go collect from the billion Kanye has not forgetting Kanye was in debt when he married Kim then ooo, but now he is a billionaire, so unless you agree or go loose guard sign another document after the prenup then u will land ur self in trouble, that’s what dr Dre ex wife did to him, they already had a prenup in place, but when he was sick one time during there marriage she, cajoled him into signing another document, if not that his lawyer was good and told d court that they don’t expect him to think well during his sickness, that why the judge had to agree on the prenup but he still had to loose a bit more cause of what he signed when he was sick but not much cause he wasn’t okay then

The issue is that you base your assumption on the lives of celebrities.
If all you have is one house (which many can't even boast of), then your prenup is not worth the paper on which it's written.

Ask yourself how many everyday/middle-class folks avroad sign prenups?

Iscoflexxman:
Are you familiar with binanz?

You have any idea of crypt0currency?
Let's start here.

Yeah... How does one get usdt from Ghana or Kenya?

Iamicekid:
Contested guy try dey reason now, oh I forgot maybe cause all the woman in your family are breed to be leeching off a man so it rob off on you, why would a woman that has a clean mind and not a mission not want to sign a prenup and a guy wey get sense wey no be simp like u and ur papa not know that she has an agenda and not call the wedding off, if them Beyoncé, Kim wey get status and money fit dey sign prenup cause they know they are here for love and not what they can gain if things go wrong.. no forget to tell ur papa se I talk se he wasted money on you sha, love and light muah

Dude, that kind of agreement written here would put you in more harm than good.

The question is what property do you have first before looking for prenup? If it's one house, then it's the person who has custody that keeps the house. There's no sense looking for prenup if you're not rich which very few are. Those who craft these lats are not f0ols

Any update on this adventure?

Iscoflexxman:
Sports Arbitration

Crypto Arbitration




Buy cheap usdt from Kenya, Ghana or any other country at a very cheap rate and sell on binance nigeria,


U go chop money tire.

How is this done?

Iscoflexxman:
Sports Arbitration

Crypto Arbitration




Buy cheap usdt from Kenya, Ghana or any other country at a very cheap rate and sell on binance nigeria,


U go chop money tire.

How does one do this?

qmd24:
Please, I need info on how to liquidate Sukuk?

Bonds (moreso locally denominated) are not my forte

The cycle of devaluation has become quite typical.

Last 2 weeks I got an email from my bank updating me on some new restrictions on PTA/BTA- this is usually the first sign and so I eased off the naira...

Unsurprisingly, after a week, the rates started pushing up... typical!

CBN threatening folks shows they're panicking. In the past, they'd have blamed crypt0 traders for their ineptitude. Also, some of the news filtering thru about the economy (debt servicing more than revenue) doesn't inspire confidence.

Thirdly, CBN rapidly increasing interest rates for the first time in years looks like they've sensed rapid inflation is beckoning.

I've always held that with rapid devaluation, around the 700-750 mark lies the point where the average Nigerian losses hope in the naira. This is usually where things begin to spiral out. If the gallop we saw this week continues into next, then that number is not far away.

What's worse is the inflation that follows any major devaluation. There's usually a 2-3 month lag for this. Inflation currently at 19% would easily reach 25-30% should the exchange rate reach 700. When handling a building project I usually like to be in usd preceeding this kind of devaluation and buy items in naira once things stabilise. If caught in naira, I buy up items quite quick cos prices would soar in the coming months..

Finally, over the last decade and half, the naira has averagely lost 10- 15% of its value against the usd every year (i.e 50% is lost every 6 years). This year (just like 2015) was going to be tough mainly due to the general elections and the money politics we play which is sadly now done in usd. All said, it's my duty to protect my wealth. Our leaders (and populace) do not care.

skydiver01:
Yes rates wise but it was not oversubscribed which is unusual.

Except folks are taking their money elsewhere.....

With CBN now issuing threats, likely folks are pulling liquidity. It'd be interesting to see how the interest rate increase by CBN would affect things locally


https://thenationonlineng.net/cbn-to-sanction-customers-converting-naira-to-dollar/

ositadima1:
I hope u read my initial post. Investing in bitc0in is ok, but the bulk of ur money shouldn't be in it(most gurus advice 5 to 15% of ur assets). I was responding to @jedisco who was implying that moving ur assets to crypt0 was a good way to edge against naira devaluation.

Like I said before, crypt0s are purely speculative in nature.

I still see bitc0in as a good hedge against devaluation of the naira. Over the last 10 years, it's proven to generally trend up with time. Buying and selling at the right time have generally brought good returns. The naira OTOH has lost at least 10% of its value yearly against the USD. This year alone it's lost about 13% and we're just halfway.

As regards diversification, that's common sense.

skydiver01:
Kindly find below the NTB auction results.

Demand is finally merging with supply... Took a while....

aaking:
Make her sign a written document that
1. If she purpose to leave you in UK you are entitled to the Children on the said document write that " I am not fit enough to withstand the problems of the Children and don't need them around me"

2. Every of your assets and finance wouldn't be shared between both that "am ready to go for free"

Noted !!! Don't tell her about this info but give her to sign that is part of the document she'll needs to get there.

Another method for her to sign without she noticing what she is signing.

Type the following agreement document with all the wordings in it and the signatures both of you right and left side. Then input two witnesses from both families.

Then start this method.

After typing the following headings leave it blank without any inputs then go down to put the signatories . Same pattern
The headline should be in your own surname e.g your name is John book while she is ciara don. Your headings MOST be AGREEMENT BETWEEN JOHN AND CIARA BOOK.

I am giving you the experience of what my cousin went through.

And who told you such agreements mean anything in the event of a divorce?
If the man presents such, it'd even count against him

KingOfTheDamned:
When UK threw it's borders open to Nigerian doctors during COVID what did they think would happen?

All manner of quacks and nitwits have entered UK as so called doctors . Even those who failed their residency have gone to the UK to claim being a medical professional

If they are really quacks, how then do they pass qualifying exams?
Do you know how long the said doc has worked in the UK?

The governor has put out an advert for private refuse collectors all around the state..
He should be fast about it.

EFCC is becoming SARs... what is the basis for this arrest?
How are game consoles, phones and laptops now exhibits?

If there is relevant information on those devices, they should take the chaps to court else they should be released. EFCC should let us know when they are in court and not this illegality. This habit of rounding up young people, taking their pictures and extorting them is criminal.

Thinktwicemybro:
Though am not a tinubu fan, it disgust me to see the attempt by buhari and his cabal to betray him. Tinubu cleaned buhari tears after he cried foul on television and made him president. Why did he not become president with his CPC? One good turn deserves another. Within the APC tinubu should be the undisputed person to give the ticket,he has paid his dues . He stayed away from buhari presidency and never distracted him. It's a pity osibanjo who was picked from the gutters of political relegation still have the guts to pick form in the same contest with his benefactor. As a Christian the Bible encourage loyalty. Spit on osibanjo! His action may cost tinubu the ticket. However, I only pity APC although am happy at the same time because if they did not give tinubu the ticket he will support atiku or obi and that will be the end of APC. Let's see how buhari anointed candidate will win without tinubu. His anointed candidate will loose just as he lost 3 times before tinubu rescued him. I love the fact that tinubu is talking out now because if he close his mouth they will push him out.

Push tinubu out let's see if APC won't enter political coma forever.

Keep shut! The number 1 sit of 250 million people is not something to be handed around like a bowl of soup with no recourse to competence.

Hdanny:
It’s not even about how cheap it is to live in Nigeria, the problem is no where the money is coming from for a layman in the country.

Partly true. All said, money is just a piece of paper. A loaf of bread used to cost thousands of Zimbabwean dollars while in the U.S, it cost few dollars

richidinho:
The amount you see there is for a month not yearly

Yes I know.
Even if it's daily, the question you should ask is how are people there ae to afford it and other luxuries while folks in 'cheap' nations can bearly feed

thebosstrevor1:
Most cheap places are in average or poor countries but your money will be well spent.
most low tax places are in average or poor countries, i could still have money left to save.

Cheap is relative...

Bobmarie:
Nigeria is not cheap but expensive to Nigerians according to our earning power. It only cheap to outsiders with ten times our purchasing power.

Nigeria is more expensive to live in to an Average Nigerian, than America is to an average American.

Exactly... folks who have never stepped out of the country fail to understand that cheap is relative... They convert stuff in absolute terms and fail to factor in purchasing power and living standards which are more important.
The sticker price on an item is just a number. It means nothing until you put it in context.

thebosstrevor1:
Someone is paying 800k per year for a 1 bedroom flat here in a good area in Nigeria.

A 2 bedroom goes for 650k to 700k per year in a not so good area.

A 3 bedroom goes for 1.2 to 1.5m per year in a not so good area here in Nigeria.

Nigeria is cheap

If Nigeria is cheap, why do we have a huge chunk of people classed as poor.
The sticker price paid for an item means little. Relative affordability is important.

I like the simplicity of the table and what was served

If true, likely so courts wouldn't hold and distort any sharp moves

Legendoo:
This is some bullshit. Really in this same abroad where we are like second class citizens.

When did you arrive in the uk cos I know you used to trade bitc0ins.

Don't make the mistake of using your circle to judge the majority of Nigerians in the UK. I can easily count over 10 Nigerian folks/families in the UK, all less than 6 years in, quickly rising up the economic ladder. All have taken up good mortgages and a number have even moved to their second homes while the rent from the first services its mortgage. I know well paid folks in the UK who moved on to Canada and the U.S for much better pay without even waiting for their ILR. Some are only being delayed by their ILR before thay move.

And all that is not surprising. Generally, Indians seem to have done even better. I know alot of first generation Asians in the UK doing very well legally.

Like I said, this thread is not about me. But since you know I trade bitc0in, then you should have come across my trade volume on a single exchange over a 1yr period.

Talking about second class citizen i.e discrimination. The discrimination I experienced in the UK is miniscule compared to what I saw in my own country. Try rising up the ladder in any federal agency outside your region and tell the story. The UK/US is much more likely to reward the hardwork of a 'nobody' than Nigeria.

All said, outside your personal attacks, you were unable to outline what made my post bvllshit.

sukkot:
i hear ya bro but it is not my business how other people live their lives. everybody with his or her own cross and karmic debts. i plan to carve my own little heaven in hell. there are many places in nigeria with better standards of living than the UK. better soup na money kill am. make your money and go move to a gated estate in lekki phase 1. they have swimming pools 24 7 electricity, gym, shopping complex, restaurant etc inside them. and you dont have to deal with racism. or beng second class citizen

No wahala, to each his own. For many voluntary retunees, experiences and finances gained abroad does help give them a higher pedestal to launch from on return. I also may retire in Nigeria, but I hope the nation doesn't continue in it's current downtrend. Eitherway, leaving early for ne has been worth it.
But seriously, going to a gated estate i.e boxing yourself up is not the longterm solution in 9ja. Things are much better if the nation is in an upward trend. You could ask rich nothern folks. The heat is slowly closing in.

sukkot:
and come to lagos the whole streets is full of 2 or 3 year old northerner chldren in traffic begging for money . you will see millions of tiny cute 2 year old hausa kids dangerously chasing traffic trying to wipe your windshield for money. so i dont understand what point you were trying to make with that comparison

as for the other thing you said i dont doubt that you have a better basic livng standard in the uk but this is for people who want basic living standards. me while i am a minimalist but yet i dont want a basic livng standard. i dont need much in life but i dont want to live my life tied to bills and work

My point is that the reason why the UK is less than that in Nigeria is not down to cost of raising kids. As nations become more developed, their birth rates drop. Even the well off in the UK are not birthing kids anyhow. Infact, the richer folks have less kids

What's the future of these kids tomorrow? We're here blaming a country that has been able to take care of that. Due do my area of work, I have seen how devastating poverty and income inequalities can be in developing nations. I remember Sanusi once broke down in tears because of the number of kids that were dying as their parents could not raise ridiculously small sums (<500 naira) to transport their children to the hospital.

In Nigeria, you could get a 8yr old, maltreat her, make her a house slave to your kids and even a sex slave as she grows older with no repercussions. Not same elsewhere. That's the reason why I value the social care system/child safeguarding system elsewhere and I dont see the tax paid in maintaining those as a waste. A good society is one everybody benefits from.

It's good to have luxury in life (I also do) but it's more important when majority around are also comfortable

GloriousGbola:
And you think Nigerians in the UK will go for used clothes? Maybe you dress your kids with clothes from oxfam

This is the same problem highlighted in every immigrant conversation. People assume that they can somehow replicate their exact situation and expenses in Nigeria in the UK.

Do you also buy your electronics as 'tested'?
Do you buy your cars as 'first body'?
Do you casually pirate movies and other media over your isp?

This is the kind of nonsense thinking where we will hear I am earning 2 million naira in uk

You miss my point.
My point is that you don't readily have used clothes in the UK because there is no market for them. Clothes are clothes. You can decide to buy Gucci shoes for £1k per pair.
For heaven sake, kids clothes are extremely cheap in the UK and always on a discount. You could easily get discounted Clarks shoes for about £10. Those shoes would would be used by two kids at least and still be in good condition.
Like I said earlier, if you are working in the UK and what your kids wear is your problem, you should be asking yourself serious questions.

My significant expenditure when I come to kids are these:
Childcare
Private schools (if you want to)
Enjoyable holidays
What support I'd give to those kids as they launch into life- houses e.t.c.

Things like food, clothing are extremely negligible

sukkot:
i did. am in naija as i speak to you

am in lagos though

Lol... why you no pursue cheap state.
I'm sure even in Lagos, you would not be in cheap Ajegunle

sukkot:
tell me the percentage of peoplein the UK who have 4 children ? less than .00001 percent which is why it is an aging population. my pont being the poverty in the UK is not so obvious because people dont have children to complicate their own circumstances. however if you have 4 children, to be above poverty level you are on a higher threshold of what you need to earn than the average brit because the average brit does not have 4 kids. and so for 4 kids you need to earn at least 6000 pounds a month or you are finshed

You misunderstand how populations develop. In Nigeria for example, the birth rate in the south is much less than that of the north even for monogamous homes. It's not because northerners are very rich or southerners are scared of the cost of raising kids.
That is also thesame reason why most families in the UK have less kids. Look over Europe, Japan e.t.c. it's thesame story.

A family in the UK saying they're poor is much different from same in Nigeria. I know a number of families living on council homes freely with extra financial support and the kids attending good public schools. After schooling, those kids can apply for student loans if they want to go to uni. In the end, the society bankrolls them thru it all just because their mum said she has mental health problems and hence can't work. Now compare that to Nigeria...

I can go on but it seems a waste of time comparing poverty levels in Nigeria to the UK. Very soon, you'd compare electricity supply.

GloriousGbola:
Well, growing kids will go through clothes so fast your head will spin. My son is going through a growth spurt and within 3 months his trousers are jumping.

Hehe... sometimes, some statements surprise me.
Seems it's only in the uk that children grow up. Kids in Nigeria are all stunted right?

May I remind you that most Nigerias rely on used clothes from the west. Almost all those clothes imported to Nigeria are clothes that were thrownaway or donated after use. If clothes are your problem, you'd get same used clothes people buy in Nigeria for free in the UK