₦airaland Forum

40manlappy:
Thanks boss, you were right on the suggestion to go with last auction's rate.

I played too safe and specified 18% for Stanbic

mavverick:
18.3 for 364 days

mavverick:
Is this the rates that banks got with CBN direct or secondary, so if i bid 18.3 with GTB, should I have won ? Anyone dealt with Access bank with T-Bills ?

unite4real:
the savings bond is 2-3 years not up to 5 years. again, it will always be traded on the floor of the NSE, so no wahala

unite4real:
No response yet but from all indications, we have to resort to buying from secondary market henceforth. This will be lower than the primary auction unless banks are desperate to mop naira to buy dollars, this is when we are likely to get TB at par with primary auction or even more than that. For now, the savings bond is what we look up to.

bmdflo:
I went with bank rate, stanbic ibtc, I've been debited, though the guy in charge told me 17.1 for 182 days tenure, I'm yet to confirm the rate.

zamirikpo:
lets not jump into conclusion so fast, from what i understand about NTB...individuals ordinarily cannot apply directly unless they have a minimum of 150m......thats y we go through the banks or financial houses , and what the banks do is to compile a list of applicants.....then apply to the CBN......on our behalf, minimum investments varied with the different banks. So now if this new policy is stating 50m minimum.....how does that affect us when ordinarily we dont apply individually or r u guys saying that the banks would require u to have 50m before u can put in an application at the bank level.

fidelity securities and other finance houses could as well collect peoples money and invest in d NTB primary market.......without any wahala just like they have always done . or r we saying that the finance houses would no longer offer such services unless we apply with 50m.

as individuals we dont subscribe directly to CBN.....and from what i read above ,minimum subscription to the CBN on NTB is 50m.

i would like answers and clarifications on my observations.

Obeseke:
Today is Wednesday, March 1, 2017 and yet, the update that was promised for Monday, February 27 has not come in. Business men in Nigeria have contributed in no small measure to the near collapse of the Nigerian economy with their insincerity, greed and self-centredness. When prices are on the increase, they are quick to effect and report. Now that $1=415, everybody is silent as if the reason justifying the upward review still exists. Our patriotism as a people will forever be in doubt as long as we refuse to change our mindset. Fellow Nairalanders, let us all walk the talk as we await the update from Chekitaut. God bless Nigeria.

airminem:
I have 10months toddler and I just found out I'm pregnant again! To be honest I am scared because I had a c-section and I am a little embarrassed. It was a total accident, but I do admit I was not on any bc. I'm afraid I will have people judging me because our son and this baby will only be months apart. Not that it matters, but since I'm already uneasy about the whole thing it just bothers me more. Economically or financially we are working or as.ses out but aren't their yet! The one thing i notice is that no one is ever really ready to bring another child in the world!, it just happens but to me kids are a blessing from God!! My husband and I haven't told anybody because I told him not too yet, I am really embarrassed and don't know what to do. I just returned to work a month-plus ago since my job gave me few more months after c-section birth. How do I tell my work colleagues and family member i am having another baby. I really don't know what to do. I am happy about having another one but just embarrassed. Advice from those of you who can give useful idea.
Hold it! You better don't say congrats okay.

Thanks!

hoyo:
and where did he apologise? offline? you were the one complaining about jephtalene just now for doing proxy messages now you doing same for muyeski? wehdone sir

olawale100:
I am writing this review not to cast aspersion on anybody's character but to guide and inform would be (future) clients on the likely quality of service they may get when you engage Engr Osaz – real name Osazuwa Enobakhare
I wanted to do pile foundation for a property at Ikate Elegushi, Lekki area of Lagos.
I got three quotes from nairalanders and after careful analysis and comparison, I decided to go with Engr. Osaz. I must confess my decision to go with Engr. Osaz was after reading the nice review written by one of his client, a medical doctor about the good job Engr. Osaz did for him at Isheri and also because he repeatedly stated that he is a structural engineer and will ensure the project will be properly & personally supervised.

After initial discussion and a quote was sent, I requested for a contract, he mentioned it won’t be necessary because the job is not that “big and serious”.
He sent his quote and I did not negotiate at all because I believe I am getting a value added service after Engr. Osaz assured me that he being a structural engineer will ensure the project is properly supervised and handled.
After mobilizing him with about 25% of the project cost, he came to site with some equipment, I enquired from him where the drilling machine is, I was shocked when he said he will use hand drilling option. I informed him I am not comfortable with this option because the piles are 10 meters deep, and 450mm diameter for 45 pile points. At no time did he specified that hand drilling will be used. Lesson learnt is that when dealing with people, there should be no assumption at all.
He reviewed the cost upward. At that time I was not willing to go ahead with him again. He had dug a borehole (I agreed to provide the submersible pump). I informed him that he should deduct the cost of the borehole and transport for the hand drills. I stated categorically that I will only use mechanical drilling machine, he said he review the cost and get back to me. He reviewed the cost upward by 300k. I perused and informed him he should just refund me less borehole and transport cost, he later sent another email that he has reverted to the original quote.
At this point, I sensed it may be difficult and hectic to retrieve money from Engr. Osaz without it getting ugly or resulting to waste of time, I decided to go ahead with him. He requested for additional funds. I was not willing to part with more funds without seeing the drilling machine on site. He persuaded me that once I move the funds to him, he will bring the machine and move to site and ensure there is good progress on the project. After paying him, it took about two days for him to bring the machine to site. I lost my cool and reached out to him. I practically called him about 2o times within a period of 5 hours, his phone did not go through, always going to voicemail.
Eventually, the next day, they started drilling, I got to site, I could not see any casting machine, I asked Osaz, Osaz said they will use dry mix. I have a supervising engineer on site who at this time became so furious and refused to allow work to proceed until a casting machine is brought to site. Osaz refused to provide a casting machine, stating the cost will be borne by me. I made arrangement for 6 days for casting machine and operator. I paid from my pocket for this. At this point, Osaz had been paid about 78% of the project cost.
My supervising engineer is always on site and was not happy with the handling and execution of the project. Osaz apparently subcontracted the drilling job to someone else and was not there to supervise as he had promised. About the 4th day, 26 pile points had been drilled and casted.
On day 5, Osaz came late in the evening to site and was having challenges paying the caster 10,000. Nobody was supervising the casting process. He charged me over 3 times of what he was paying them. My engineer informed me about this and I was really upset.
I came to site the next morning, the caster informed me that the casting crew are not happy with the rate Osaz is paying them, they had casted 5 points the day before and each of them got 1,000 each. I arranged 6 workers, promised to pay them 2,200 per point, bought shovels and decided to take over the casting as I was really disappointed with the way Osaz was going about the project.
In the Afternoon, I got the greatest shock on this project, the drillers down tooled, Osaz had only paid them for 20 points and they were supposed to be paid for another 20 points before they can proceed. I had to breach protocol, I engaged the drillers because I cannot afford my project to be stalled. (I am also paying for the casting machine on a daily basis) I enquired how much is being owed for the remaining 25 pile points. They told me it is 375,000. I moved 300,000 to the owner of the drilling machine and he immediately directed his boys to commence work. Osaz was no where to be found, he was incommunicado. He had the effrontery to call me and tell me cock and bull stories. I told him I have left him to God but I just had to let people know the type of person this guy is.
AT the end, I paid for the concrete job for the last 12 points, I paid the drillers a sum of N375,000
Net, I lost some money but not so much, Osaz abandoned the job after he had collected a huge chunk of money from me for the project.
He stopped coming to site altogether and most painful is when you call him and his phone does not go through. His is the most irresponsible behavior I have seen in a “professional”. I told him that most of my artisans that are not educated are more reliable and protect their reputation better.
Osaz is not a man of his words, as a feedback, I will never engage Engr Osaz again and if I know anyone that is interested in engaging him, I will advise the party accordingly.
That is my personal experience with this man

Qc1:


I could have had 8 room duplex but I decided on the void to make the space useless for now. Instead, I have 3 living rooms and a ante room. Why? Because the more empty rooms you have, the more you have a relation somewhere to give you an excuse to move in with you.

lastpage:
Ask if it is "Stamped", original stainless steel they are going to use.
If it is, that price is fair enough as of today.

Average, current price of the original, stainless steel is 26K - 28K per SqMeter. (with the "design parts" included)



Lastpage!

mufutau55:
Hah! Oga mi.... My original void was eliminated and added to the livingroom upstairs and now it's huge... I don't want to see anyone downstairs.

Hajji M.

Qc1:
Really? And I thought dude was too expensive. BTW, that also includes 3 balconies rails. I will upload pictures when he install the glass tomorrow by God's grace.

mufutau55:
Thank God I dont have a void. How much per meter on those stairs handrails? Good things always cone expensive o. Even if it is expensive kobo-kobo materials.

Hajji M.

HanXolo:
Lol u are ryt sir...saying maths has no application in life is like saying we should go back to the stone age..he doesn't know engineering and tech are all centered around mathematics...hey kratoss since ur grandma is so good with phones why don't you tell her to make u a new model...?

HanXolo:
Eyah...ure making tins worse for urself...smh..when building electrical machines there are so many equations used to determine the various parameters..
E.g AC Motors

In AC motors the speed is proportional to the frequency of the applied voltage and inversely proportional to the number of magnetic poles.

N = K3 f /P

Output power

The motor output power is directly proportional to its speed.
The output power P in Watts is given by:

P = ωT

Where ω is the speed in radians per second and T is the torque in Newton metres

OR

P = 2π NT/ 60= NT/9.55

Where N is the speed in revolutions per minute (RPM)

And these are just the basics..so u saying u don't apply maths in real life makes me question everything about you..what did u study?..or is bbn giving u a brain drain

krattoss:
shut up and sponsor ur own mathematics show without making fuss..

all these Pythagoras and rubbish equations, how do they apply in real life..not even those bankers or cashiers apply all those nonsense and good for nothing simultaneous eqn..

like.. what's the practical use of mathematics in this world..huh?

krattoss:
so mathematicians now build bridges and not engineers kum architects.. do you know an illiterate of mathematics can single handedly construct bridges with help of acquired practical knowledge..


do u know my grandma can perfectly load credit cards,check balance and decipher every damn thing in her phone..all these were taught to him via practice and not some shenanigans and bla bla bla been taught on the board..

yeah maths is important for calculations in our day to day activities, but making it sound as if if u know the equations,theorems,calculations In maths...viola, u can build bridges, produce tech gadgets ..
my brother I don't agree with that..

krattoss:
hey u mean cars and tech gadgets are made from knowledge of 2x-1x..find x?

tell me more..

krattoss:
shut up and sponsor ur own mathematics show without making fuss..

all these Pythagoras and rubbish equations, how do they apply in real life..not even those bankers or cashiers apply all those nonsense and good for nothing simultaneous eqn..

like.. what's the practical use of mathematics in this world..huh?

lastpage:
Please dont include me on that list! I cant afford it.

I did not loot when l was young, did not at middle-age and wont/cant start now that l am looking at retirement around the corner!

All these "over-the-top" things do not fit into my life-style.
I dont want nor pray to be very rich ........l just want to be comfortable enough such that l can afford whatever my heart desires, and my heart does not desire anything glamorous that three square meals and a Volkswagen Beetle to boot!
Lastpage!

back2sender:
Does gmail has this ability /functions?

back2sender:
Oga last page please i need your help here, IT related question.

Can i send free bulk sms through my email account? We have a meeting of our Landlords association and the names plenty to send sms to. We are trying to start up the association. The sms is to share the date n time , venue and agenda in advance.

Secondly i suggested a power Point presentation for the meeting, so that we can do something different from the norms in the area. Make it look professional and not a town market stuff.

Others in the house with informations can please help out

Aventures:
pics update as promised, more to come.

Team16:
@feelamong. Please I need your help. I sent my bid for 364 days at my rate of 18.39% with Gtbank and my account officer told me that my bid failed at that rate. Please what do you think about this. Stop rate yesterday was 18.449%. He was saying crab about bank having to make profit and all those stuffs. From all I could get is that, GTB bids at a higher rate and sell to its customers at a lower rate in order to make their own profit off your money. So anything higher than their rate won't be submitted because they don't make money off it. Please any Gtbank debit higher than 17.9% should comment. Thanks

AmeLonRo:
For the auction of the 15th, I gave my bank instruction on the 14th and was told they concluded all auction on the 13th. Its first bank. Is that how it goes/works Please?

Team16:
Any Gtbank debit yet. Thanks

mufutau55:
Thank you for the detailed story. The OP did not explain this. I just thought thieves cut out the burglary proof.
Thank you.

Hajji M.