₦airaland Forum

chigo4u:
What is the current interest rate for the stanbic dollar fund with this new memo

It's still at 5.8%... It should increase slightly now tho because the indicative Net Assets value increased from 1.17 to 1.18 yesterday.

dejiotus:
Stanbic IBTC account number to fund the Stanbic IBTC Dollar Fund is 0034131849. There is a charge of about 20 dollars if someone makes the transfer via the Standard Chartered account

I finally got through the whole process and invested the in the dollar fund but i was sent a purchase certificate which i do not understand.
How do you check your funds daily?

mymadam:
It is NOT difficult at all. Here is the simplest method, IMHO...

1. Open a domiciliary account at StanbicIBTC.
2. Change Naira to Dollar at parallel market.
3. Fund your domiciliary account with over USD1000... (Minimum for initial deposit into your dollar fund account)
4. Go to your domiciliary account and transfer AT LEAST USD1000 to your dollar fund account.

NOTE:

(a) Use the Stanbic account number sent to you via pdf attachment when you opened the account... NOT the Standard Bank account but the Stanbic one.
(b) You MUST enter the account code sent to you on registering (for both sender AND receiver notes). If you fail to do this, sorry o!

5. To fund the account later, simply follow the same process by transferring a minimum of USD500 each time.

I use this method all the time without stress. You may check for your interest... in USD, EVERY WORKING DAY! Hope this helps

I finally got through the whole process and invested the in the dollar fund but i was sent a purchase certificate which i do not understand.
How do you check your funds daily?

Nigsrdumb:
I'll tell you what I've gone through so far, my account abroad was shut down because I sent dollars to naija, I also almost lost 1 thousand dollars that got stuck in a corresponding bank.

I really don't know, nothing seems to work properly in naija .

Sorry about that.. It's well.

ojesymsym:
Only a transfer from a dorm account seems to work.

Ok i get it now.

mymadam:
It is NOT difficult at all. Here is the simplest method, IMHO...

1. Open a domiciliary account at StanbicIBTC.
2. Change Naira to Dollar at parallel market.
3. Fund your domiciliary account with over USD1000... (Minimum for initial deposit into your dollar fund account)
4. Go to your domiciliary account and transfer AT LEAST USD1000 to your dollar fund account.

NOTE:

(a) Use the Stanbic account number sent to you via pdf attachment when you opened the account... NOT the Standard Bank account but the Stanbic one.
(b) You MUST enter the account code sent to you on registering (for both sender AND receiver notes). If you fail to do this, sorry o!

5. To fund the account later, simply follow the same process by transferring a minimum of USD500 each time.

I use this method all the time without stress. You may check for your interest... in USD, EVERY WORKING DAY! Hope this helps

Thank you very much for this!

Nigsrdumb:
Current rates 7.83% , holding period 180 days.

They pay interest daily, but it's extremely extremely difficult to put funds into it.

http://www.stanbicibtcassetmanagement.com/standimg/NigeriaAssetManagers/Documents/downloads/ACCOUNTOPENINGINDIVIDUALS_JOINT2019.pdf

Please how does one fund his stanbic dollar funds? ... My account officer also kind of discouraged me that it's difficult to fund it.. but people find a way out

Compliments of the season.
Land still available.

Still Available. Price slightly negotiable.

Happy Sunday!

A land measuring 350sqm around Sango Toll Gate, not too far from mokland hotel and fenced with a gate is up for sale.
The Land has an uncompleted 2 bedroom flat built on half plot of land up to a Lintel stage. Space still available in front for a new structure.
Each room has its own bathrooms.
Land size is 30 by 120
Documents:
1. Deed of Assignment
2. Omoonile receipt
3. Purchase receipt from the owner
4. Bank payment receipt.
Price: 3.5 Million Naira.

Benefits:
5 Minutes drive to Shoprite Otta
1 Minute drive to Abeokuta expressway way
Electricity, Fast-growing community
Call: 0 8 0 2 3 3 9 3 4 6 1

This is no scam.
It's purely leveraging on BVN database which I think all banks have access to. Your BVN record contains your Names, phone number, Bank accounts, and Picture. The only thing that may be wrong was creating bank accounts without the knowledge of the person and as an IT guy, I know your account can be created on request via the USSD code.
They were just trying to be "Technologically" Smart and proactive such that with the use of a USSD code, you can have an account created without stepping into the halls of the bank.

The Job : Fundraising Officer

Location: Nigeria
Job Profile: Your primary role is to raise funds for the NGO. You will also be central to bringing ideas in relation to the NGO's effort to solving some particular national problems.

Our Objectives: Our objective is to promote education and ensure that all children in Nigeria get basic education and also support orphanages/care homes with their daily needs.

Please note that this is not a role for someone looking for a normal daily routine work.
There are no specific hours of work in this role. Innovation, creativity, surprise, agility and an ear to the ground are the norm. There are no desks and no walls or work environment. Must reside in Lagos

Job Requirements:
Who you are: You are passionate about helping others. You are an energetic, friendly, honest.
You are willing to talk to people across various backgrounds and culture.
You are able to prepare funding proposals and get donors for the NGO. You have previous experience in this capacity.
You are hardworking, self-motivated, self-managed, independent but a team player.

Requisites: past experience in fund raising activities, social media management, marketing, sales.

Qualification: Diploma
Skilled in use of Microsoft office suites
Excellent communication skills
Excellent interpersonal skills
Ability to work with minimum supervision
Reside in Lagos
Our Offerings: Basic allowance plus performance related commission from funds raised

How To Apply
Interested and qualified candidates should send their Curriculum Vitae to jennyluck93@gmail.com

Experienced Taxify/Uber driver needed, driver should reside within surulere.

Contact 07032360368 if interested or know someone.

shayhune:
Unfortunately, I can't access the account I used for this NL account at the moment, hence my inability to respond to PMs. I'm glad you found this forum. There's a wealth of information here for free. Just keep following and reading past/present posts. In no time, your aspirations would be fulfilled.

Also, I can deduce from your previous question that you intend to fund your studying here in the US. Please don't. I've seen guys live miserable lives here all in the name of hustling to pay bills and tuition. Try to get some scholarship, even if it's just tuition waiver. That will go a long way in settling in easily when you eventually come over. I wish you all the best.

Wow! Thanks a lot for this advise.

I wanted to know your name. Since you said you recognize me.

shayhune:
If that fund would be needed as a proof of funding for whatever school you're admitted to, then you would need to liquidate it.

However, if you need it as a proof/source of funding when going for your visa interview, then you need to liquidate it few months (1 -2) before your interview.

By the way, this name sounds familiar. Did you attend Unilag (class of 2013/2014)?

Yes, I did. Let me PM u.
Thanks for the info.

Hello house, please do I need to liquidate my Stanbic mutual funds before using it as a POF OR I can just get a letter from the bank stating i have access to the funds anytime i need it...

If it happens I have to liquidate, does that have to be 6 months before I apply for the visa?

Thanks in advance.

Originalsly:
Everything about your 'analysis' is wrong.

Tell us how long he will take to build a house in the US vs how long the OP will take to build a house in Nigeria.......what can he do in the US with money earned in the US vs what OP can do in Nigeria with his Nigerian earnings.

Though a serious minded IT expert can start building his house earlier than the USA guy. Cos The USA guy needs some years to adjust and stabilize. But in the long run, the US guy is a winner.

eosigwe:
guy, check well o. Your village people have tied you to this country. Pray hard. That analysis is over the bar

Lol, I need to pray against ‘enemies of progress’

So I had this long discussion with my parents regarding my recent desperation to travel despite my comfortable life here. So they were of the opinion that the guy with a good Job in Nigeria is better off, will save more money, do better things than the guy over there.

So my bro and I came up with this analysis after some research.

So I want the house to please verify this.

Statistically,
The average IT guy in USA earns around $5000 a month, spends $2,000 out of it on his monthly expenses and saves $3,000 Which is X 1.5 his monthly expenses

Whereas, the Average skilled IT guy in Nigeria earns around $400 a month but commensurately spends $100 on his monthly expenses and saves $300 which is X3 his monthly expenses

If they both stop working after a year, the US guy can only fend for 18months without pay while the guy in Nigeria can fend for 36 months without pay

Also, the Nigerian guy can easily start a life and build his career than his US counterpart.

How true?

vibrant99:
Computer science ?

One of the most sought after Courses in the whole wide world?

Your SOP, YOUR REcommendation....

work on then next time.

Hmmmn. Ok thanks for the advice.

Kriff:
I think you should write them. It's a free world. No harm in doing so and they always reply me anytime I write them. Just look for the email address of your faculty coordinator (Undergraduate or Graduate depending on which level you're applying for). You should be able to get a tangible response.

University of Ottawa finally updated my file.

Master of Computer Science (Fall 2019)
Status: Refused
Last update: 2018-10-31
We unfortunately cannot offer you admission in the program you requested.

So sad � After applying so early with a 2:1 Bsc Computer Science from one of the best Uni in Nigeria.

Kriff:
I got my offer letter from University of Ottawa after 11 weeks of submission. According to the mail I got from them, it was stated as follows "Please keep in mind that the evaluation process takes an average of 10-12 weeks from the time a file is considered complete; you will be notified via e-mail if there are any changes or updates regarding your file." I'm not sure if this is for all faculties or just Engineering.

Mine is 21 weeks already. My file was completed June 5 for fall 2019. Do I write to them or I wait till November ending as you have explained?

042viber12:
I believe fall is September 2019....they can't take a decision yet...u should have tried winter which is April period..thats the one am sure dy are taking decisions on ryt now

Okay thanks for this!

University of Ottawa peeps, please when is uottawa likely to start admission decision for fall 2019. I applied since June but my file is still under evaluation. Going to 4 months now.

Canadian universities and their number of post graduate students. This might be a guide as the higher the number of students enrolled per time the higher the chances of being admitted. (Descending order)

University of Toronto 14100
McGill University 8756
University of British Columbia 8630
University of Alberta 7598
University of Ottawa 6545
University of Calgary 6540
Concordia University 6462
York University 5650
Simon Fraser University 5507
University of Waterloo 5100
University of Western Ontario 4600
Dalhousie University 3931
Queen's University 3850
University of Victoria 3542
Memorial University of Newfoundland 3495
Athabasca University 3460
Royal Roads University 3385
Carleton University 3300
University of Manitoba 3160
McMaster University 3130
HEC Montréal 2590
Ryerson University 2360
University of Guelph 2280
University of Saskatchewan 2190
Wilfrid Laurier University 1610
University of New Brunswick 1577
University of Regina. 1480
University of Windsor 1480

Ah na wa o.. me that I was thinking that when I m financially stable and ready for marriage I will just go to Unilag and find one young girl to marry. I just have this detest for girls who have seen life.. likely Abortions and all

umulobi:
It is too late bro...decisions have been taken.I am a very experienced investor and can't tolerate such financial recklessness when there are many healthy alternatives and competitors. They should learn through the hard way.I have already pushed the exit button!

Healthy alternatives and competititors like ?

seunnuga:
Same here, I hope they have not started thieving.
I decided to take record just this week
Monday 600489
Tuesday 600669
Wednesday 600848
Today 600250
I have sent a mail. I hope it’s an error

P:S They have effected the correct increment

Please any uottawa science student here? The 7819 CAD tuition on their website, is it per semester or per year?

umulobi:
I have noticed that my interest in stanbic MMF has reduced on two occasions instead of increase. I have sent a mail to then and they acknowledged my mails but no explanations. My question is,can one experience decrease after a day's transaction on MMF ?This is happening to my interest twice since after the sanction from CBN....

Same here, I hope they have not started thieving.
I decided to take record just this week
Monday 600489
Tuesday 600669
Wednesday 600848
Today 600250
I have sent a mail. I hope it’s an error

haibe:
Where exactly do u see the rates? I only see a price history which i dont understand

http://www.stanbicibtcfundsmanagement.com/mfprices

Open with google chrome on your phone and scroll to the bottom, u will see the rates there.