₦airaland Forum

Okoya: All my efforts ended with a CGPA 3.49..... what's
my fate in the market? Maybe I should just get a
transcript. This Is so painful. Please I need words
of encouragement.

Quite unfortunate, i have a friend that graduated with 3.49, same as yours.
Why don't schools or even departments round up these figures (you know what i mean)?
Anyway, the best is to indicate it on your resume that you had a 'superior 2.2' as earlier stressed by T22 and maybe you are good to go.

Dat beautiful goal scored by Rooney against manchester city last season(2:1).
#unbelievable#

PrettyCindy: Will have to check wikipedia and compare the nutritional constituents of both to know which is richer.
Personally i prefer brown beans because it taste better than white beans.

Unarguably, the brown/red beans taste better but the main is, which is richer?

Dollynova: Na d tin o,nitrogen. Hope u don dey school to finish una clearance,d tin tough pass wetin i imagine. Am graduating from bch,wot abt u

Mi bro/sis, am almost thru with my clearance. Accounting grad all the way.
#call up no on my mind#

@all, i greet una wel wel o, great work you are doing here.

princebimby: dt is d same for lautech,any ladokite in d haus

Halo

Dollynova: Guys,its nice seeing all dis beautiful stuffs,guess i cant wait for july to come arnd. Mobilizatn nos most likely to be pasted in my skul on fri or mon. By d way,any Ladokite here?

Halo, we (ladokites) rock.

tosank: God will punish you for that staement of yours. Ooniribatise

Sometimes i wonder why its always easy for some humans to not even abuse, bt curse their fellow humans.
Anyway, u cant be blamed cos you are doing this out of fustration. But,to be candid with you, it is uncalled for.
abi na the guy put nysc khaki for ya body ni?
Please nxt time,dont vent your fustrations on people that arent the cause.

Please, Which is richer, nutritionist tells us that white is richer than the other type of beans.

@T22, am sorry for the assymetric nature of the information, actually, the main of this thread is: which is better of the two, work experience(3-5 yrs) first before further studies or further studies immediately after first degree. I just used my second post on this thread to buttress the first. Basically, am talking about real work experience and not that crappy nysc experience.

Btw, you guys have already thrashed it out and it has been insightful.
Anyway, more contributions are welcome.

Dis Guy: if you're above 30 before graduation, if you graduate 30 years ago at the age of 29 dem go ask you for enrol #

Read the post at work, I didn't know it was NYSC work experience you were talking about all along I mean LMAOOOOOO of all things

The work experience i am talking about is the real one and not about nysc experience, that(nysc) is shit. The case of the conversation with my friend stated was just cited, but main thing is this; which is better? Get some work experience before furthering your studies or further your study straight after first degree.
Btw, have got the drift about the nysc stuff. Thanks

AjanleKoko: No, NYSC can't be gotten easily. Lots of returnee colleagues have been fired by MNCs in Nigeria, as a result of 'dud' NYSC certificates.
However, returnees can serve whenever they come back. I believe they even have a choice of location. So, if you got an offer to work in Nigeria, you can do your NYSC while working. I have this senior colleague who just completed NYSC, as a C-level in an MNC. He's been in the Diaspora for 2 decades plus.

i thought if one should be above 30 years, one is not eligible for the nysc program.

@AJ, Denee,yem,t22,
Thanks for those eye opening posts. God help in all your endeavours. Sincerely,these have been stuffs bothering me and i thing am getting it now.

@ all, i had a chat some weeks ago with with a friend that was a set ahead of me in the university, after all the 'long time, no see' stuff, the remaining part of the conversation went this way:
Nitrogen: how service nw, hope u dey enjoy that place?
Friend: nitro, forget, i don ja o( am nt serving again)
Nitro: why? Cos of the insecurity saga in that place or what?
Friend: no, am out of the country doing my masters.
Nitro: what?? You left nysc for masters?
Friend: dnt dull yourself o,,,,,,,

After the conversation, then i got myself into a slight pondering, 'how on earth could a fellow in his late 20s abandone nysc program because he got a chance to further his studies abroad'. But later, i generalized it that everybody has got his or her own way and the level of risk that can be taken by individuals differ.


But seriously, do you share in this wonderful evolving theory?? That even the only programme (nysc) that helps give experience (although sparingly) is neglected by recent graduates in the name of getting a scholarship in an average university abroad for further studies, to me, i think it is crazy.

Different perspectives to these two has may be been part of constituents to many fresh grad's problems (especially nigerian graduates).

A situation whereby when one is through with his/her first degree, the next necessary thing is to go get a job in order to increase one's experience in his or her field. After getting the necessary experience,then you can further your studies.

The other is depicted this way: 'Now, i have a degree(first), since the resources are available, am going for further studies, i dont need related experience to break into the job market because when am through with my studies( maybe to a MBA level), i will break in easily'.

These two stated above has been generating a lot of debates, where different opinions are put forward by different individuals. Please, elaborate on these because it has been a concern to many 'soon to be graduates' and graduates.

The docs, Zap them all.

Greedy and inconsiderate fellas.

Oga, the old man must wake up o. Hundred million naira no be small money.

chuks49: All Hail the First Lady!
She has done it again. Directives has been given and its been announced over the Radio and TV station that all shops and businesses on Warri Sapele road be shut down simply because the Queen of Nigeria (Dame Patience Jonah) is coming to open a shop most probably, belonging to one of her friends. Not a shopping mall, but just one shop. Forgetting that Warri Sapele is a strong business part of the town with about 20 banks on its way.

This is not right, this madness should be stopped. Please re-broadcast to let the world know we are not happy with this actions coming from the Office of the First Lady each time she goes out.

God Bless Warri,
God Bless Delta,
God Bless Nigeria.

Hahaha, she wants fresh air during the visit.

Going for service by july and i hope to get a good ppa any where (east and west) so as to make use of efficiently that 'one year'.

BeingAkorede: @Deandavid, sir, what would you have suggested for the graduate with holding a 3rd degree

Though this wasnt directed to all but david, but i think i can still make some contributions.

A grad with 3rd class can still be considered in maybe just one or two universities in ninja, and also it depends on the course u read in school and what you want to go for in your postgraduate study.

Seriously, the norm is this: go for pgd programme, then you can go for your masters straightaway. Its hard to go for masters with your third class degree in most institutions unless through the pgd route.

Btw, you can go through the websites of these unis in nigeria to access their requirements, who knows, u might be lucky.

Sir pc: Pls house, am so confused on the Aoption to choose. Am i to choose Electronics and Telecommunication OR Power and Machine? Which one is better? Which one should i go for? Please as u give your contribution(s) also back it Awith some reasons. THANK U AS U ADD MORE VALUE TO MY FUTURE AND CAREER! GREATER SEEES!!

Maybe you should go through all the posts on this thread.

yamakuza: ^ Well, book isnt for everyone na?

Even Kanu now has a masters degree.

Of course, there are a lot of enterpreneurs that never had good level of education at first, but they did later, and bros, believe me, such enterprenuers are one in a million.

Na book dey reign now o with a bit of luck.

mZ sleeq: am a university student in my finals and i kip hearin ''there are no jobs, even 4rm pple dat did masters''
i av dis great busines plan i want to implement in say 5yrs time, and the course am studyin in the university has absolutely nothin 2 do wiv my plan. when i graduate, am just goin to nid a job to finance my plan, until it can stand on its own.so why go through the pain of a masters degree that wil end up very useless.
plus, am tire of skul nd reading.nid ur replies.tnx.

Madam, abeg dont be tired of reading o, the best presently is to keep reading, get the highest level of education (if possible) and believe me, the sky will be the beginning.

Hmmmmmm, oyel money

yommyismine: Am in a cafe yesterday,when a man is having a conversation with someone that Nairaland is the best website, but the opponent disagree, they take is very serious that. To me nairaland is very educative,so i need your suggestion.[b][/b]

@yommy, when u wanna write something like this next time, u start this way
'I was at a cafe yestday,,,,,,,,,,,,,,,,,,'



Nb: No offence.

Babzilla: PLEASE SHUT UR PIEHOLE U FILTHY CUNT!IT ALWAYS HAS 2 B DEEPER LIFE. WHAT HAS DEEPER LIFE DONE 2 YOU?! IM NO DEEPER LIFE MEMBER AND IVE NEVER BEEN TO THEIR CHURCH BUT THE WAY U MAGGOTS ATTACK THAT CHURCH SICKENS ME. BECAUSE THEY DONT BELIEVE WHAT YOU DO DOES THAT MEAN YOU ALWAYS HAVE TO ATTACK THEM? ANIMAL.

I tire o, pls tell them o, deeper life is always the center of gravity for their discuss.
The world hates where truth is always told so, no wonder.


@op, dont judge, but what is happening nowadays attracts judgement,where we have pastors emphasizin more on prosperity more than salvation, seriously these pastors has completely deviated from their comission and all they can do is to amass wealth, make themselves gods and others, its uncalled for.
From slapping a poor gurl to all sorts of ridiculous things done by these so called men of God calls for judgement, just that we arent to judge.

For me, i prefer baptist church to even all these penticostal churches, cos at least these baptist pastors even dey try, salvation is the main of their preachings.

God will sha help us.

ace4luv69: Hi my fellow nairalanders. Please I have been hearing about shell company internship but i don't know what it is all about (like how to apply, qualifications needed and so on) please i need an insight on what it is about, thanks a million in advance.

Please check this link www.shell.com.ng/home/content/nga/aboutshell/careers/careers_franchise_pkg/students_and_graduates/internships/ , it should help.

cityofsin: Hedge funds will not be introduced in Nigeria anytime soon. There is no liquidity in the capital markets, no accountability, no transparency nothing. No sane individual will run a hedge fund focused on the NSE and Mr. Onyema cant change that. The capital market is way too undeveloped

So sad, i hope things get better soon.

I hope hf is introduced soon(2-3 yrs) for naija guys in the Ib world to explore.

@T22,
the direction of covariance determines the direction of correlation through the determination of the relationship between the performances of the securities.
Thus, we have coefficient of correlation which is the covariance of the securities divided by the product of all the standard deviations of the securities.
Portfolio theory, huh, i did a bit of it in school and thats an aspect of finance management that i really like.

Nb: not tryn to prove anything o, have not gotten to that level.
Btw,did u see my mail.

Haha, quite funny

deenee: Definition of 'Short Selling'

The selling of a security that the seller does not own, or any sale that is completed by the delivery of a security borrowed by the seller. Short sellers assume that they will be able to buy the stock at a lower amount than the price at which they sold short.



Selling short is the opposite of going long. That is, short sellers make money if the stock goes down in price.

This is an advanced trading strategy with many unique risks and pitfalls. Novice investors are advised to avoid short sales.

Definition of 'Hedge Fund'

An aggressively managed portfolio of investments that uses advanced investment strategies such as leveraged, long, short and derivative positions in both domestic and international markets with the goal of generating high returns (either in an absolute sense or over a specified market benchmark).

Legally, hedge funds are most often set up as private investment partnerships that are open to a limited number of investors and require a very large initial minimum investment. Investments in hedge funds are illiquid as they often require investors keep their money in the fund for at least one year.



For the most part, hedge funds (unlike mutual funds) are unregulated because they cater to sophisticated investors. In the U.S., laws require that the majority of investors in the fund be accredited. That is, they must earn a minimum amount of money annually and have a net worth of more than $1 million, along with a significant amount of investment knowledge. You can think of hedge funds as mutual funds for the super rich. They are similar to mutual funds in that investments are pooled and professionally managed, but differ in that the fund has far more flexibility in its investment strategies.   

It is important to note that hedging is actually the practice of attempting to reduce risk, but the goal of most hedge funds is to maximize return on investment. The name is mostly historical, as the first hedge funds tried to hedge against the downside risk of a bear market by shorting the market (mutual funds generally can't enter into short positions as one of their primary goals). Nowadays, hedge funds use dozens of different strategies, so it isn't accurate to say that hedge funds just "hedge risk". In fact, because hedge fund managers make speculative investments, these funds can carry more risk than the overall market.

(Culled from Investopedia)

Thanks for this.

Do we have firms that do this hedge fund of a thing in nigeria, and if there are, what is the minimum net worth for investors? ( that of U.S is 1 million dollars as stated in the quoted post)

Anurugwo: In their bid to end the ceaseless attacks being unleashed on some parts of the country by the Islamic sect, Boko Haram, security chiefs have prepared a list of the sect’s backers. The list is said to contain names of suspected backers of the sect and other terror groups.

A security source told our correspondent on Friday that the list was compiled by top security chiefs at a meeting held to strategise on how to end the spiralling violence.

The official said the decision to compile the list was born out of the belief of the security chiefs that the anti-terrorism battle could be won sooner than expected if people linked with violence were exposed.

The security chiefs were said to have worked on the intelligence report that some top politicians had been giving financial backing to terror groups with the aim of destabilising the present administration.

The official said the security officials had resolved to formally inform the office of the National Security Adviser about the alleged involvement of such politicians supporting terror groups.

Apparently supporting the claims of the NSA, Gen. Owoye Azazi, that some undemocratic practices within the ruling Peoples Democratic Party in the build-up to the 2011 general elections fuelled the violence, they heaped the blame on those they called greedy politicians.

http://www.punchng.com/news/fg-to-release-list-of-boko-haram-sponsors/

Hahaha, pdp and goodluck dey scope us, all these(gen azazi statement, boko haram group recent statemt, and the federal govt's response) are plots of pdp, dont forget, 'live with terrorism, terrorism will be over by june and others'.
Also,remember henry's confessions about the independence day bombings.
Nigerians, sit down and watch this film, be attentive cos it can only be enjoyed by through that.
Politics at the highest level.

@all, please explain these two terms, short-selling and hedge fund. I dont quite get the concept.

Thanks.