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Travel / Re: Thread for South Korea prospective students by Rizin: 11:47pm On Apr 22 |
If you have 1. 6.5+ IELTs 2. Second class upper+ 3. Notorized doc (MOE, MOFA, Embassy) 4. 10m+ naira as POF 5. Money for flight ticket. 6. Studied MEch, Elect or Electronic 7. Willing to accept Prof scholarship. Message me Note: The scholarship is based on research and you will be given one semester tuition waiver. Your performance will determine if it's going to continue. Also if you have money as a Nigerian, there is no need for the scholarship because, you will spend most of your time in the lab while others are working. |
Autos / Re: Total Cost Of Clearing A Vehicle In Nigeria by Rizin: 8:01am On Apr 15 |
kaysy:Okay |
Autos / Re: Total Cost Of Clearing A Vehicle In Nigeria by Rizin: 6:20am On Apr 14 |
kaysy: I want to know if there is any reduction in cost of clearing a car that you own abroad, if you send it to nigeria. |
Investment / Re: Treasury Bills In Nigeria by Rizin: 3:57am On Apr 04 |
Are they on twitter. Share prove of your inverstment and also comment on their handle. share the link so that we will drag them to get the truth or reasons behind the delay. money is hard these days so no one should hold anothers money. Owon: |
Investment / Re: Treasury Bills In Nigeria by Rizin: 3:37am On Apr 04 |
To me, its the rate of inflation that will determine. The truth is that most developed countries will give you between 3-7% but the inflation is not like what you will get here. yemioke: |
Investment / Re: Treasury Bills In Nigeria by Rizin: 6:22am On Feb 29 |
My dear look at it as a business.. 1. You require a capital base of n2b or n500m, 2. You are given $20k/ n20m +/- which comes whenever. 3. My question is, at what price, how long and how often will you sell 2 to reclaim your 1. I will tell you that one bdc can not sponsor the importation of one container into the country. It can not pay for one person travel expenses to study in UK. ogawisdom: 2 Likes |
Investment / Re: Treasury Bills In Nigeria by Rizin: 7:00pm On Feb 27 |
It is not recovering. It took less than 1 weeks to move from 1300 to 1900+. It is actually cooling to take off again. ogawisdom: 2 Likes |
Investment / Re: Treasury Bills In Nigeria by Rizin: 7:27pm On Feb 24 |
My dear it's not only that. 1. How can you tell that government is charging you import duty in dollar equivalent. Even if you want to export goods, you pay your charges in dollar equivalent. 2. Many government contractors are paid in dollar including some locals. 3. We heard what happened in the last elections primaries as well. 4. People pay highly to get naira notes. Last month, those that earn 100k naira ended up receiving 90k cash or less. Banks will pay you 5k after traveling from God knows where. Pos will charge you 1k for every 10k. The list is on and on. I can tell you that the only thing that is traded in naira is just seevices of salary earners, every other things adjust when naira loses value against dollar. narite: 1 Like |
Travel / Re: Thread for South Korea prospective students by Rizin: 10:16pm On Feb 08 |
K |
Jobs/Vacancies / Re: Mp-infrastructure Aptitude Test by Rizin: 3:23pm On Jan 13 |
desmond12345678:No |
Car Talk / Re: 2011 Toyota Camry XLE 4cylinder Or V6? by Rizin: 3:29am On Oct 15, 2023 |
Born2conquer:What are you waiting for |
Car Talk / Re: Help With Brain Box Number by Rizin: 8:25pm On Oct 09, 2023 |
aieromon: Thanks 1 Like |
Car Talk / Re: Help With Brain Box Number by Rizin: 5:29pm On Oct 09, 2023 |
Car Talk / Re: Help With Brain Box Number by Rizin: 4:16pm On Oct 09, 2023 |
aieromon: Thanks immensely but which one exactly and also does it have generic name. I called some one who was talking about D1, F2, F5, M7 ETC |
Car Talk / Re: Help With Brain Box Number by Rizin: 3:41pm On Oct 09, 2023 |
Please help with the part number for brainbox for corolla 2004. Original one stollen VI= 1NXBR32EE14Z324173 |
Investment / Re: Treasury Bills In Nigeria by Rizin: 7:15pm On Sep 18, 2023 |
You pay an Indian 300m, house in VI, cook, Gardner, security men, Driver and a car and Genset also. Now you pay a graduate working under him 300k and nothing else. 300k for one month is 3.6m in a year. Expensis, 1. House rent 2m. 2. Transport to and from the company 2k daily by 5days a week by 52 weeks = 520k 3. Energy bills, compound cleaning, sanitation levy and cost of pumping water 40k monthly = 480k. 4. If you have worked with indians, you will know that you will also work from home, so u will buy like 2 litres daily ie 1200 by 365 days= 450k. Total 2m+ 520k+ 480k + 450k = 3.450m Not you have to dress corperately and it comes at a cost. Where is your feeding money? Where is your savings? Where is money to support your family? Where is the money to pay children school fees? Are you ever think of going to buy car? How can you support your family members? This is the problem. Most state governors pay civil servant 20k per month when they know that transport alone is like 2k daily. One governor once said that the salary of a graduate can not buy a bag of rice. When ever you see an Indian barking at other staff. just know that his condition is better. 4 Likes |
Investment / Re: Treasury Bills In Nigeria by Rizin: 6:33am On Sep 09, 2023 |
Godspeed0: It's necessary considering the fact that is some fraudster, even u, might go chatting with him privately. He may fall because he has no experience. He might have come here with the intention to invest 2m and get 500k every yr without knowing that it revolves around 10%. But if you are here to guide him, keep it public, do not go private. 3 Likes |
Investment / Re: Treasury Bills In Nigeria by Rizin: 9:51pm On Sep 07, 2023 |
Godspeed0: You have 2m? Untill you invest in mmm, your eye no go clear. Take your time, go through the thread, understand what it's all about and ask relevant question. 1 Like |
Investment / Re: Treasury Bills In Nigeria by Rizin: 7:01pm On Sep 07, 2023 |
I know that with the judgement yesterday,dollar will get to 1k before the end of this year. It's already on the move. |
Investment / Re: Treasury Bills In Nigeria by Rizin: 4:23pm On Aug 26, 2023 |
ahiboilandgas: Why are u using phone that was not made in Nigeria when in actual sense u should have waited for Nigeria to start producing phone by 2070? Why? Why? Why? And how long are u going to wait for Nigeria to start manufacturing? Nigeria borrowed south Korea sk money for them to pay salary, today they are far ahead of Nigeria and in the world, it's only apple that can compete with their Samsung phone. They do not have oil yet electricity is one of the cheapest thing in the country. Until government intervene, we will be speaking English on nairaland 1 Like |
Investment / Re: Treasury Bills In Nigeria by Rizin: 3:41pm On Aug 26, 2023 |
ahiboilandgas: Trust me, the ibo traders u are referring to, no de look for dollar. They know where to get it when they need it. 1 Like |
Investment / Re: Treasury Bills In Nigeria by Rizin: 7:58pm On Aug 23, 2023 |
Acidosis:My dear allow him to be using English anyhow. 4 yrs is not far. Tinubu met dollar at 450 and 720 respectively. He failed to understand that he has no control over naira and dollar. Even in Nigeria, people bought naira at 30%extra. What have we not seen,? When. This administration entered, they removed fuel subsidy and claimed that the consumption dropped from 66million litres to 13million litres daily. This means that Nigeria should have $55m everyday from the sale of remnants from subsidy but dollar continue to be scarce. We have not talked about money generated from the sale of other barrels per day. One thing is sure. Dollar. Naira, patriotism and unpatriotism no be my mate, I respect them 5 Likes |
Investment / Re: Treasury Bills In Nigeria by Rizin: 10:22pm On Aug 22, 2023 |
Nigeria Plans Dollar Asset Listings to Ease Forex Woes for Firms This is euro bond. Please who knows how this will affect financial investment? https://www.bloomberg.com/news/articles/2023-08-22/nigeria-plans-dollar-asset-listings-to-ease-forex-woes-for-firms?utm_source=twitter&utm_medium=social&utm_campaign=socialflow-organic&utm_content=africa&cmpid%3D=socialflow-twitter-africa |
Investment / Re: Treasury Bills In Nigeria by Rizin: 4:31am On Aug 18, 2023 |
phoinix: This is not even upto the money that a politician in Nigeria will spend if he choose to buy private he jet. 6 Likes |
Investment / Re: Treasury Bills In Nigeria by Rizin: 8:18am On Aug 12, 2023 |
RayRay06677: My dear both patriotic and unpatriotic are not my mate. I respect them very well. That is why I choose to live in reality. Have u ever ask yourself why civil servant will not want to retire even after reaching 30 yrs of service and even the ones that retire will still be looking for work instead of acting like elder statesman? The reason is in the chart attached. Imagine that in 1985, u saved 10naira which equals $10. Going by TB rate of 9%, it will double every 9 years if u compound it. From 1985 till now, it must have doubled 4 times ie 10naira x2x2x2x2= 160 naira. From 1985 till now, your 10naira after compounding will be 160naira now. Now u know what people that started saving in naira will have after working for 35yrs. Imagine u used the 10naira then to buy to 10 dollars then At the current rate, you will have 10x950= 9500 this is without interest. If u have invested in a dollar bond at 4%, you will have the money doubled in about 20yrs giving you 38000 naira now. Away from dollar and naira. Let's go to popcorn or purchasing power. In 1985, the popcorn we currently buy at 100naira was sold at 1kobo. So with 10naira in 1985, u can buy 1000 units of popcorn. After about 38years, you now have 160 naira which can only buy you less than 2. Also the 38000naira if you hard dollar can only buy you 380units which is not also good but fair. 2 Likes 2 Shares
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Investment / Re: Treasury Bills In Nigeria by Rizin: 7:20am On Aug 12, 2023 |
Grupo: U no go leave Wike alone? I remember early this year when senator sat over depreciation of naira to 812. They collected allowance and other sitting entitlement. In less than one yr, naira is 950 and nothing happens. If Nigeria goes into this war, expect 1500 before December |
Travel / Re: Thread for South Korea prospective students by Rizin: 5:34pm On May 12, 2023 |
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Investment / Re: Treasury Bills In Nigeria by Rizin: 9:20am On Apr 18, 2023 |
ahiboilandgas: You are right but like in Anambra where motorist are taxed 26k per month regardless of whether you go to work on the month or not, I kept saying that if it were possibly done, why is the state government commercial vehicle not on the road? Yes subsidy is a scam but I will tell u that so many things are scam in this country. Even to pay government level, you will pay the 'scam' fee before you will be attended to. Yes there is cry from the government on fuel subsidy because may the masses are benefiting from it. The same story is also told on the money generated from the sale of crude oil and else where. Government should have built functional electric train that will connect many states. Government should take control of transportation especially between states and also allow the use of electric vehicles that can be used for short distance like going to work and coming back home. For TBs, expect dollar to hit 1k soon. |
Investment / Re: Treasury Bills In Nigeria by Rizin: 5:56am On Apr 05, 2023 |
unite4real: Unfortunately I don't work with projected rate. I normally will want to check the daily rate. The rate fluctuates but by the end of the yr, you will find out that everything is less than 8%. Can you confirm that from 1st to 4th Stanbic paid less than 6%. |
Investment / Re: Treasury Bills In Nigeria by Rizin: 8:51pm On Mar 31, 2023 |
mymadam: The world will be very dull if you maintain 100% peace. Sometimes you create violence and run away. 1 Like |
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