₦airaland Forum

lol y’all though .
You realise that an opinion cannot be “forced” down your throat? You can only do that yourself.

Someone that’s 100% determined for this September intake wether under rain or sunshine, will not even bother reading all these “forceful” suggestions. It’s only an indecisive person that has not started any serious process (eg visa), that will bother to ponder on the opinions here.

No one has said you shouldn’t continue with your plans.
It was only a mere suggestion from different monikers and nothing more. It shouldn’t change anything if you already got your way figured.

Let’s not be easily offended please

Donracy:
My dear, it's a shame seeing how Ghana cedis is gaining international dominance in exchange rate than the so called Giant of Africa.. I marvelled the last time I checked the exchange rates of Ghana cedis against British Pounds, UAE Dirhams, Dollar etc.

I wept for my country.

If only the politicians in Nigeria could bring out the dollars they piled up in suckerways and abandoned buildings naira could gain more grounds and save us the stress.

There’s a good chance of a vaccine or cure before Christmas. So many pharmaceutical companies are working really hard to ensure it happens.

Some have even passed their second, heading to third phase. This corona era will surely end in this 2020.
2021 is going to be a new start and year of prosperity all through .

olaypappy:
I agree with the things u have said however some medical experts believe covid 19 may be worse during winter. January and February are the coldest winter months in the UK so anyone planning to defer till Jan should consider it carefully b4 deciding unless you want to wait till Sep 2021.

However if a vaccine or an effective cure comes out before then it changes the whole situation.

You’re right @the bolded.
Imagine saving 5m towards £10k tuition to leave by September 2019. Then by September 2019, that £10k is now equivalent to 7m/8m . Then you say okay let me see if I can manage to get the balance by April 2020. Before April reach, the same £10k will now be equivalent to 10m . That’s how you will find yourself staying in Nigeria longer than planned. Meanwhile people over there are cashing out & even praying that the exchange continues to rise in their favour

Nigeria will frustrate you honestly
You can only love Nigeria from outside

Anon123:
Honestly you are right but we all have our reasons for wanting out of Nigeria, I personally made my mind up that am tired of staying in Nigeria, you graduate, you get paid peenuts and we take it, you turn to business and it struggles cos the nigerian government don't offer policies that makes the business strive coupled with the excessive corruption ,one man pockets billions of naira to himself. So-called pallaitives nonexistent. Because of all this ,by next year April, the naira keeps loosing value, making it near impossible to dream of studying abroad which is why You in the UK seeing the exchange rate and seeing how muxh millions of naira it is, you made the bolded. You are not in other persons shoes to know their own difficulty.

lol nice wise words Donracy! I concur with you.

Donracy:
Well said. But what if the ££ didn't crash by then, instead gains more power over other currencies?

What if UK immigration policies gets more difficult for foreign students, tuition fees increased, maintenance fees increased?

I believe that UK must have a motive to make more money through the introduction of PSW, as a way of attracting people thereby putting some means to make money off them.

Well, as you said it's not for everybody honourable sir.

One thing I know is that, In every CRISIS there is always an OPPORTUNITY by either sides of the COIN. For instance you are gaining with the exchange rate, so do I too from the country I am resident in. Many people people lost their jobs this period, many became poor and at the same time some became billionaires during this period while some got mouth watering jobs too. Life has always not being fair at all... There is always no best time. When one wakes is their own morning.

My one cent, if your mind and morale no go fit carry you and if you can't cope better stay put until you are rest assured.

I came in peace ✌️ not in pieces.

Let love lead.

Yes, I believe that next year September is way too long to be in Nigeria. That’s why I suggested Jan 2021 for people that have that option. It’s just 4 months apart from September.

But honestly wouldn’t suggest anyone to wait until September 2021 to clear things up. Nigeria is heading for doom!!!

From Twitter —->

Ruling Parties - Useless.

Opposition Parties - Useless.

Citizens - Unbothered.

Nigeria - Heading Down the Drain.

It’s just the truth!! Leave ASAP but be cautious & thread carefully. Have CLEAR intentions & plans before you cross border. You should know exactly what your goal is & how soon you can start achieving it once you arrive.

I wish everyone well in their aspirations.
It will end in praise at last

Mobilipia:
well said! Before Sept 2021 , we are all finished by boko Haram ana corrupt nigerian politicians.I'd rather queue to collect food from food bank than to remain in Nigeria till next year. You don't know what we are going through in Nigeria. Peace

No p

arhyur:
Resist the urge...

Calm down, she didn’t mean any harm.
It’s really up to someone to decide either way.
I know someone that got CAS last Friday & decided to defer to January yesterday. I also know about someone that is going for this September intake no matter what, bc he wants his wife to deliver their child in U.K. this October.

So it really depends on different individual circumstances.
She was only sharing her opinion

arhyur:
Personally I think this your advice is unsolicited and insensitive, a lot of people have gotten their CAS, paid visa fees and IHS even, some schools don’t have some peoples course for January intake, you can’t just screenshot news and give unsolicited advice, it’s not cool, everyone has their reasons for doing whatever and no kids here. Don’t make people panic unnecessarily.
READ THE ROOM.

Nice Analysis.
Thank you

lafuria1:
Honestly, there is no financial advantage or difference in buying before or after the split, just a normal trading

The entire value remain the same.

BUT

There is a psychological advantage buying before the split

1 you get more shares, you have 10 and you now have 40 shares, nice to look at

2. When the share price is adjusted , as for the case of apple will be divided by 4, it will make apple 'cheaper', thereby leading to more people buying, which will lead to increase in value.

Example, apple is currently at 425, you divide by 4, you get 106.25, so going forward apple share will be 106.25, at this price, you know very well more people will buy because they now see it affordable (this was the reason Tim cook gave for spliting).
Since it's apple, some people won't mind buying at 120.

If people buy at 120, you that bought before the split will gain.

Congrats to everyone getting their CAS.
Go and conquer

Do you think it’s wise to buy Apple before or after the stock split?

lafuria1:
Team bear are not finding what is happening with apple stock funny. Logically, given the shutdown of all apple store in US and with the believe people won't be buying phones, how did apple beat estimate.

Apple stock is mental right now, lot of people are excited about the 4:1 stock split

Fun fact, apple was trading above 600 dollars per share in 2014 when it did a 7:1 stock split.

I agree. This year has just been a mess with so many uncertainties. Universities are indecisive because of impromptu notices from the government.

Not just Uk, other countries as well.
Most Estonian Universities have cancelled this years intake completely. You either get a refund or defer. Scholarship holders have to reapply again next year.

Swedish Universities are going online & people are losing their stays in Sweden bc 50% of their classes are now online. My friend has been rejected her student permit extension & has been given 3 weeks notice to leave Sweden.

We can see what’s happening in the US too.
This year is just insane. If you’re not in a hurry for anything, just defer till next year and save yourself unnecessary hassle/expenses.

Stay safe until the road is clear

STENON:
For those applying for student visa... Please if you are tired of staying in Nigeria, abeg make una defer till January. I won't encourage my enemy to consider study plan for September/October.

Yes correct.

DexterousOne:
My goodness

However

If the flat rate is $45

Sending $20k usd for example will be better routed to a dorm acct than sent to a naira account where you will be short changed exchange rate wise

They can pay into USD Dom account but they will charge you $45 transfer fee.

DexterousOne:
So they cant pay into a dormiciliary account in Nigeria

So from what you posted...
Its only a naira account
Or an account opened in the United States?
Damn

Money can only be paid to a Naira account or US account currently.

So if you move to a country, you can only continue with your naira account unfortunately. Maybe they will offer other options in the future

DexterousOne:
Good afternoon house
I have a question to ask

Assuming one opens a bamboo account and starts with the investment journey
And along the line
You move abroad

Could the gains be routed to the foreign bank account?
Or must the money be sent to the Nigerian bank account?

Yeah that’s better.
I thought of that.
But it’s still the same buying black market rate to fund the acc & transfer to T212

InaNla:
I fund my T213 in USD and should be paid back in USD. (DOM)

Bamboo is completely different because you’re paying from your naira account direct to their own naira account.

Only thing is that Bamboo charges at higher rate and gives you back at lower rate.

Example; today is N479 per dollar.
So if you buy $1000, that’s N479k.
If you want to withdraw that same $1000, you will get N469k. It’s only an advantage if you buy to trade, and when you want to sell, exchange rate is now higher than what you paid at. Like I bought $1k @ N424 then. Now it’s N469 withdrawal rate. It’s now my advantage because I’m getting more money on top my trade profit.

Note; Bamboo charges 1.5% buying and selling rate.
So if you still compare with T212 in terms of your actual profit, it’s the same thing.

T212 doesn’t charge you a dime & exchange rate is from your bank not them.

Example: If you use ZenithBank, Gtbank, Ecobank to fund your account (today), the rate is between N390-N400 which is good as compared to Bamboo rate. But when you withdraw your profit to your account, you might get at N370 or N360. It’s not T212 fault, so I’m still sticking with them.

Basically the difference between Bamboo & T212 within the Nigerian geographical location is not much.

OvaSabi1:
@ fidelity bank charge. So unfair and will eat into your capital gains. Does Bamboo do the same thing?

you’re not alone

mattfeuter:
I had that same look when my friend told me he bought his one way Lagos to Toronto ticket for 700k. That’s just encouraging those thieves to keep doing whatever they are doing.

On the flip side, some people need to travel urgently thereby having no choice than to pay high fares.

I’m inclined to believe this country is cursed.

Nigerians are also the problem if you think about it.
This sort of rubbish cannot happen in a reasonable country. Nigerians are the ones paying the huge sum, instead of coming to speak out. If no one is paying for those huge sums, airlines won’t fly or pay high fees again & the government will be forced to open regular international travel.

Even Europe that had high death cases have opened up for most countries & flights are even cheaper than ever. You will be seeing £19.99 one way to Spain. Even BA is doing £1 for executive members.

Why must Nigeria always be different?
We have adopted this “all man on his own” kind of mentality & it’s killing us all indirectly. Ah me I can afford it o, don’t know about you. Ah I don’t mind paying oh, as long as I can travel. Ah e no concern me o, I can pay for it.

Although unrelated, but this is why I left most Nigerian study abroad groups because the average Nigerian mentality is “let me not talk o, before dey go put bad luck for my matter”. Somebody will write “I have been approved for visa” and everyone will wish him/her congratulations o. When you now start asking how he/she got it or certain steps/documents they used, you will start getting one word replies. Before you know they’re completely quiet or left the group.

I don’t mean to derail the thread, but we need to stop all this mentality & fight together. The government will not open international travels because people are still willing to pay the high price.

God help us

mattfeuter:
Always felt this. The rate at which flights are coming in and going out of the country is alarming.

It’s really sad that people are using this pandemic to cash out. No wonder they don’t want to open the airport yet.

Yes getting a receipt is your best bet now.

afroxyz:
Naija matter tire me. I use Stanbic. I would contact trading 212 for a receipt. They already offered to send me one if i have difficulties with my bank.

Yes @aprokodaughter, it actually happened.

But it’s very sad that the government is messing with the people just to keep benefiting from airlines that pay massively for them to run flights here.

That’s why this airlines charge as high as 750k, 1m for just one way to either Canada, UK etc. They’re trying to recover the huge fees they’ve paid to the government for the flights. So basically the citizens are the ones bearing the cost and the government is cashing out. I asked a friend that recently traveled out, she said economy was completely filled up. But you know what surprised me most? She said its not longer an evacuation flight or for people with residency. It’s now a normal commercial airline transporting people even the ones going for holiday. She said most people were using just visas and not resident permit.

This is totally unfair honestly.
Not everyone can afford such flights.
Okay this MEA that collided with Turkish, is it also an evacuation flight? How many people or students are going to Lebanon in this period please? Or how many people are residents in the countries where MEA flies to? It is just a regular commercial flight, nothing more.

Truly sad

sonofakin:
It is all over Twitter. Currently trending. Pictorial evidence and all.

It depends on your bank.
You have to keep bugging them in some cases.
Ask T212 to send you transaction receipt, so you can give your bank to track it.

It takes 3-4 working days but can be longer depending on your bank.

I’ve used ZenithBank (2 working days).
FidelityBank (3 working days).
I sent them transaction receipt and they credited me almost immediately.

Note : you would be credited at a lower exchange rate than what you paid. CBN also takes some charges for International Transactions apparently.

Eg; FidelityBank charged me at almost N530 for Euro.
I was paid back with N491. You see the massive difference?

Being a Nigerian in Nigeria is like having a death warrant. The country will frustrate the living daylight out of you! If you’re using a U.K. account, the same amount you withdrew is exactly what you will be credited. No deductions, nothing!

Anyway just keep calling your bank.
If you’re banking with FCMB or WEMA or all this smaller banks, it could take 10 days or more (according to some folks in one of my telegram groups).

All the best

afroxyz:
Please who has withdrawn successfully from Trading 212. Since Monday that order was successfully executed funds are yet to hit my account. It's been back and forth with my bank? Any suggestions?

I doubt this will ever happen or get approved.
Almost impossible but let’s see......

omopapa:
Proposed changes from January 2021

But this is a good initiative, CAS will carry more weight than usual giving the universities the power to “decide”.

Going by these, we might see more of English language exam requirements.

Those who will be in the U.K. when the changes start, it means u wouldn’t need to show proof of fund when reapplying from within UK and the maintenance finds looks fair

Let’s learn to read do understand guys, it’s just a proposal to boost interest from international students wanting to study in the U.K.

It hasn’t been approved yet.
@ Rotimi89, I would suggest that you remove the post, to avoid confusion or people doing something else or ignoring a mandatory requirement eg English Test. You can always repost when it’s been approved.

Only a suggestion.
Thank you

onecoder:
That means English test is compulsory for everyone?

Nadheer15:
I don't get bro, I'm resuming by this Sept, does it apply to me?

Yes usually, but can still take a day or two.

gracedforever:
Good morning

Please does anyone know how soon my school gets credited after payment using form A? Is it as soon as I get debited?

Check Turkish

KingMayne:
Please can anyone help with flight reservation? I can't seem to find any flight dates between now and September. I have checked Ethiopian Airlines, Air France and KLM, they are all showing me flights from October..thanks for your assistance

This makes no sense at all. Btw @op I’m referring to the government in context with the information in the email.

The government is trying to control the high exchange rate and money hoarding (bc they don’t want people to withdraw at less rate abroad & sell high to black market or people). But limiting or stopping online payment transactions is just absurd. Now what happens? People go to black market to buy at high exchange rate just to fund their domiciliary accounts for common online payments.
How will the exchange rate fall when there’s higher demand of foreign currency than supply?

This is just insane man.

Yimi4real:
Has anyone seen this? A BCIE contact sent this to me. This is not funny o. I just want to confirm if this is true or not.

Any is fine

OTgenesis:
Will the Embassy accept a Booked Open or One-Way Flight Ticket?

How long was he told the decision process will take?

realking:
yes. My brother submitted yesterday

Campus France books the appointment for you (after the interview)

flyway1:
Great. Do you know when he sent the email to the embassy for the appointment?

@mimilyrics already addressed this few days ago.
Kindly check few pages back or her profile

Ologtheo:
Good evening

Please can a fixed deposit bank certificate be submitted instead of account bank statement at the school and embassy.

Thanks for your responses.

Okay that’s sorted then

Zeecos:
He can apply for a visa without his BSc Certificate. I applied for my previous masters with only my statement of result. I got an offer and proceeded to apply for my visa with the same statement of result and I got it. What matters is that it was accepted by the school and listed on your CAS.

I don’t think it’s about the bank.
It’s just a general requirement to show Bsc Certificate for Msc. Same as Bsc, you need to show your Waec certificate or Foundation Certificate.

I maybe wrong but at least from experience or others that I know, it’s mandatory. I don’t know why those rules are strict but I guess it’s to prevent money laundering or something similar idk.

In this case, the best is to negotiate with someone in the U.K. to help him with the payment.

But most important question is, CAN HE GO FOR VISA WITHOUT HIS BSC CERTIFICATE? I doubt they accept statement of result.

toyclicks:
Your banks?

How long does it take to open a savings account with stanbic? At least that has been the bank that most ppl here have had it expressly and issue-free with