₦airaland Forum

floss:
One thing with portable is that he will retire from the industry very soon by himself, sometimes being in the news for the wrong reason makes you predictable… you lose relevance slowly without knowing, it , but I pray he doesn’t continue allowing it . Only him can bring himself down, just as he’s doing now. Ika of Africa be careful please.

The guy is just damaging his brand. With the kind of brand he has, he should be able to sort this issue without acting all ghetto

Tareq1105:
I don't think Tinubu is a failure. His assignment is for 4 years and he's just about to end his first year.

And 2ndly, your preferred candidate couldn't have done better. Yes, he can go about criticizing, it's the beauty of democracy. It's very easy to talk from outside, but the heat is actually inside the kitchen.

You don't need 4 years to know when a car is moving forward. The moment you board a vehicle, the direction is clear.

That is the same the same thrash Buhari said for 8 years. After 8 years APC said they need 16 years before they can be compared to PDP

ForValour:
Nothing can make Buhari look like a star, Buhari is a massive failure.

Mention one way Nigerians have had it better under Tinubu than Buhari?

overdrive:
Stupidity! What stops them from reporting to the police that a tenant died in their place of abode?

Pennywise, pounds foolish.

Probably the deceased family did not show up and they were not able/willing to financially foot the bill of burying her or keeping her in a mortuary

mightyhazel:
Haa

So soon?


Agbadorian stay one place o... I thought bat was the best thing since slice bread . Why using alternative monikers to cap shit?

What you should do now is write another epistle castigating peter obi, obidients and that ethnic group u always love to hate.. that's what time it is now,not this wailing...e too early abeg

Your hand writes faster than your brain processes information. What do you know about me or my political view....dunce like you are the people that make people believe Obi was supported by fanatics

stuffs2002:
Nigeria is going through a challenging time and OBIDIENTS are happy.

I have never voted in Nigeria but that is going to change with the way OBIDIENTS have been attacking Nigeria, I will vigorously campaign against Peter Obi in any elections he presents himself. You can not be enemy of Nigeria and still want to rule Nigeria.


That Is a promise I have made

Nigeria's bigger problem is people have failed to hold who they should accountable and I am delighted obi is doing just that. That is what pdp should have been doing but alas apc is turning nigeria to a one party state where there is no one to hold them accountable.

Nigeria woes is largely down to the disastrous poilicies of apc (tinubu and buhari). Nigeria will only get better when you learn to hold these guys accountable.

When an applicant gets a job claiming competence but fails miserably at it, you dont blame other applicants eyeing his job, that would be stupidity.

You hold the employee responsible and let him know he needs to deliver on results if he wants to remain in that role

PepeXKermit:
So aldi and kroger will save naira from falling? How? Male una explain this magic to me

They'll bring a lot of fdi, create many inirect and direct jobs, stimulate sectoral activity.

Nigeria in it's currently state is unlikely to attract them. Tinubu should stay home and work on stabilizing security, power, introducing incentives to support companies in the country who are bleeding heavily from the current economic situation.

Itsrm:
The ROR over 25 years is 14,000%+. That's an average of 560% pa. It's too juicy to ignore. I'll take my chances.

No government will give you 18% pa bond for 25 years. You need to adjust your forecast


At the end of 2-3 years, the new subscription will have new rates that reflect what the government thinks will be the prevailing rates for the next 3 years.

The current rates are set high to be able to compete for funds in the current high-inflation economy

Itsrm:
Good points.

The ROR over the course of 3 years is an average of 24% which is truly less than the rate of inflation as you have noted. However, there is hardly any passive investment that guarantees you a return above inflation especially in the short term.

What we can do is try our best to invest in assets with returns not too far from inflation rate. My current investment portfolio is a mixture of Tbills, eurobonds and cryptocurrency so I'm staying as close to inflation as possible.

I'm also hoping the DMO come up with those 15-25 year bonds at current rates so I can lock in. Over the course of 25 years, my ROR is guaranteed to beat inflation

It is a good buy for someone who is risk-averse. And as you have mentioned , the uncertainty in the economy, there are not many investments that can give you that return without sizeable risk in the current nigeria.

However, you are unlikely to have a windfall at the end of the tenure of those bonds when you take the money into the market to buy things and you see how much prices have changed in 2-3 years

Itsrm:
This is the current rate for three year savings bond.

Your 50m with interests reinvested and compounded will give you 91m+ after three years.

And it is "risk free".

looks impressive until you realise MPR is 24.75% while inflation was 33% in April.

Real rate of return is significantly negative and may never be positive till the maturity of those bonds. Nigeria has had inflation above 18% since mid 2022 and it has progressively risen since then.

If you invested in those bonds with the mindset of buying an asset in Nigeria, based on the inflation data , you are likely to be out of pocket when the bonds mature two- three years later.

The high rate could tickle foreign investors though, as inflation in Nigeria does not affect them. For them the main fear is the FX rate which this administration has not demonstrated an ability to manage.

OboOlora:
Dear Fubara,

If you are reading this, a lot of us like your guts & are with you all the way.

But know this:

Wike is a non-card carrying member of APC and a formidable force at Federal level. If push comes to shove, Tinubu will malign with him.

I will advise you thread softly if not, the CSO of the country has the constitutional right to invoke a state of emergency on Rivers. And when they do, they will have the opportunity to appoint a selected (not elected) military administrator who will be loyal to them.

stability of the oil supply is more important to Tinubu than Wike. Worst he will do is withhold allocation to Rivers which will make him a hypocrite

DeOTR:
The money goes to the office of the NSA, not Banks.
Your legislators approved this nonsense.

Is there anywhere I said I said the money goes to the banks ?

I simply posited that banks are in a better position to bare these levies given the windfall they have been making

Houseontherock1:
You keep burdening people who are already over taxed, underpaid, underfed and barely surviving

very insensitive, particularly at a time when banks are declaring record profits and people are being squeezed with high inflation....GTB declared ₦609.3billion, Access N619.32bn. FBN almost N400 billion. If funds are required for cybersecurity, the banks definitely can make some room to cover these costs

KEMINIE500:
Good day house,

I was ask to submit additional documents last week about Genuine and subsisting relationship,so after gathering the documents such as WhatsApp chats,call logs pictures,bank transactions, Statement letter from me and my spouse,payslips,letter from employer,letter from landlord,birth certificate,NIN certificate,flight receipts etc...I tried to submit them via the Worksponsoreddocumentrequests@homeoffice.gov.uk and it refused to go I got a spam message,so I had to compressed them all and tried the 3rd time and it went,i got the mail confirming that it has delivered,I did this lastweek Thursday,I received a mail twice today,could be an automated message stating the last 2 delivery that fail,note the 3rd conpressed mail went and i got a reply...

What should I do?
Advice please

- compress further
Or
- send in tranches

MMempire:
Who be this OP? Na same minimum wage we dey earn? Bia, be careful there!

The programmes on DSTV are mainly foreign. DSTV pays for the air rights those programmes in USD not NGN.

So even without considering the cost pressure due to inflation, DSTV is under pressure protect their margin each time the naira is devalued.

achorladey:
Igba yii ni aaro Chelsea. Na now morning start for Chelsea season. Players don't want to be sold. Na lie, they will be sold for their nonsense this season.

As in, someone on the pitch has to get the stick for this deeply embarrassing season. Especially the defenders

TINTINABULATION:
Pure aggrandization. Nothing special or spectacular in him. The honour is only in death. If he had completed his term like others, we will be hurling insults on him today too. May his soul continue to rest in peace.

Obj was the real don to have accomplished the level of economic development and social welfare he did.

He was also detribalised. GEJ and Yardua simply rode on the tail wind of economic stability and reforms he started. Credit to them for at least steadying the ship.

With APC, it became clear that even a leader keeping the status quo is a big deal

Lexusgs430:
After this massive conservative bloodbath, Rishi would wants this flight off to Rwanda, much sooner....... This seems to be the only straw, he got left to clutch.......🤔

I doubt anything can save this party from its impending loss. Not the culture wars, not the class wars.

EPEAKS:
I just want to encourage someone. My husband had half school fees, but because of a sudden development in the church we were running we had to divert the funds for a long term lease. So that the church can continue to run while we were away, and there was no other alternative. We ended up coming in with zero kobo and the school is a Russel Group, and students who are self paying can come in without school fees deposit.

Total school fees was 27,100 and even though we had housing challenges. I ended up with a good job in 4 weeks.

Long story cut short, in December we got a house with 4 months advance rent. We started paying school fees in January after the first 2000 deposit we made in October I.e. after so much pressure from the School.

Please note that we came in September 2023, and by end of May we will be having about 2300 left to pay as school fees.

My advice is, if you are sure that relocating is God's divine plan. Please relocate.

Congrats on this.

Once you are done with tuition, open a LISA account for you and your partner and start saving towards your first home.

Jonjam269:
From stable of obirodent miscreants. Funny and phony website

https://www.lloydslist.com/ is a phony website? You must be high on some strong stuff

Basicend:
Shebi you guys are happy now that naira has lost value abi?

You think it is happiness or sadness that moves the naira ?

When Nigerians learn to hold their leaders accountable, only then will they see result.

No more binance to blame.

Government still trying to pick a new scapegoat

lavida001:
Ukrainian are being slaughtered like cows. Millions have lost their lives yet they keep encouraging them by giving them weapon. All zilensky needs to do is find a way to resolve things diplomatically to save his people.

The only reason why Ukraine still exists is because the president was brave enough to stay and fight, risking his own personal safety.

Putin intention was to literally kill or destroy everything prowestern in that country if he had his way.

Chidolalar:
What do u mean by his current equity will still buy him a decent house in Nigeria.

The bank typically will not give 100% mortgage. They will require that you make at least a 10% deposit at the get go and repay their 90% over the mortgage tenure.

His 10% stake if he decides to sell it will get him a good house in Nigeria particularly with the current exchange rate

miidae:
Good day everyone Please I need your honest advice My husband is on a student visa which will expire Sept 2025, he came in sept 2023 and I joined him 27th of March, 2024.
When I got here hubby said I shouldn’t bother looking for my job here because I won’t get sponsorship that he already has a care job for me (got my brp on Wednesday and awaiting NI)
I have over 7yrs of experience in QA/QC in pharma, my last roles was QAM, I got the offer fews weeks before traveling which I rejected.
I edited my CV to UK format and applied on job sites like indeed and LinkedIn. I got interviewed by some agencies and companies (I have one interview next Monday with a big pharm coy).
Each time I get interviewed the last question is do I need sponsorship my answer is always yes as suggested by hubby.
I’m just tired, he said sponsorship is the real deal
Is it possible to get sponsorship in my career line?
Do I take the care job as suggested by hubby?
Do I stop applying?

Not my intention to be rude but about everyone I have met in the UK that talk this way dont do so well themselves.

He needs to change his mentality for his own good

muyico:
mortgage loan!

Even as a mortgage, his current equity in the property will likely buy him a decent house in Nigeria outright. Still tells you that a good system rewards effort

Jogs1900:
How?
If you are in the UK, I don't think you can get a mortgage if you haven't lived there for up to 2 years.

You can but will need more than a 10% deposit

Kyng1:
Good morning Nairalanders, I will try to make this as brief as possible.

It ...

Bro, probably not the solution you seek but:

Never shave before you have sex with an "unknown" person.

Shaving creates microscopic wounds on you skin that makes the likelihood of being infected when exposed very high.

It is also probably worse that you contacted blood with "broken skin".

Even the almost 1hour thrusting is enough to break the skin and cause infection. The fact that you didn't realise she was on her period suggest you are those that act like it is a competition.

Please, take it slow and steady next time. Not just for infection, also for your heart

yusfaith78:
Hello Everyone,

Please mortgage expert in the house should kindly advice on the following:

Can I get a mortgage in the UK with work visa?
If yes, what percentage will I need as deposit?

Yes, minimum 10%

Lexusgs430:
Look out of area and a reason exists, why they are more expensive........

How expensive are they in comparison......

by my calculations, at least X1.7 than "clean" old builds.

Besides the risk that old builds could have underlying issues not detected during the survey and a cleaner look is there something else that drives the high asking price?

many over religious people.

What is wrong with the message

Lexusgs430:
After reading contributions on this thread....... I don't think anyone would buy a shared ownership property.......😜😁

I am not sure there a lot of new builds that are not shared ownership or leases in my area. Very rare to find a full freehold for a new build in my area and they are very very expensive.