Hello guys,

I'm not very knowledgeable in these things so, I will appreciate clarification to my question.

It would appear to me that it's better to invest a good amount of money for shorter terms and re-invest it at the end of the term.

Eg, If I invest 3m for 87 days at 17.3%, and re-invest it for another 87 days at the end of the tenure, won't I be getting a total of 36.4% in less than 185 days as against 17.3% that I'd have gotten if I'd done a straight 185 days?

Investnow2017:

TREASURY BILLS

FIRST BANK (SECONDARY MARKET)

Available Rates:

185 days 18.4%
87 days 17.3%
24 days 16%

Rush and see if you can catch the 18.4%, it seems to me a good one.

Regards

Thanks.

It would appear then that it's better to invest a good amount of money for shorter terms and re-invest it at the end of the term.

Eg, If I put 3m for 3 months, and re-invest it for another 3 months at the end of the tenure, I'll be getting a total of 27% in 6 months as against 17.2% that I'd have gotten if I'd done a straight 6 months.

Please clarify, I'm not very good with all these financial stuff.

Kontagious:

1.) from my research thus far, t-bills is acceptable. I actually intend using t-bills.
2.) yes, longer tenors guarantee higher return. But the tenors are 91days, 182days, 365days... So apart from 91days (3 months) being the least, next you can opt for is 182days (6 months). Remember you cannot terminate like FD, so if you go for the 6 months, your money is locked and unaccessible for the entire 6 months.
Presently, 91days is at about 13.5%, 182day at 17.2%, 365days at 18.8%. These rates are at per annum so remember to prorate just like FD.
3.)the interest is paid into your account on day one. It's automated, you get the interest credited just after you are debited for the t-bills.
For FD, you get principal and interest creditted on day 91 (assuming you did 3 months tenor), but for t-bills, you get interest on day 1 and principal on day 91. You have full access to your interest as it is paid.

The whole essence of t-bills is citizens borrowing FG money, in effect, it's actually FG mopping up money in circulation as you do not have access to that money (your invested amount) for the period of your investment, but the interest is good (and you have access to this from day one)

Thanks a lot! You're too much!!!

miella:


1. Yes

2. Yes. The last primary market auction rate was 13.4% for 91 days, 17.1390% for 182 days and 18.65% for 364 days. So Mr A that invested N100,000 in treasury bills for 364 days will get a higher interest than Mr B that invested the same N100,000 for 91 days. However, it is still better to invest large amounts because the interest will be yummy than investing little amount

3. Yes. The interest will be paid into your account but if you wish, you can still reinvest the interest to buy more treasury bills

This is so informative. Thanks for taking your time to break it down the way you have. Please I will appreciate your response to the questions below:

1. Is TBill acceptable as PoF?
2. Does fixing it for longer guarantee more interest?
3. Is the interest paid into my account from day one or is it added to the capital?

Kontagious:

Hello bigbroda, let me make an attempt at your questions.

1.) it depends on your bank, I think some have minimum amount as low as N100,000. But any amount you wish to invest must be in multiple of N10,000.

2.) you can request at anytime but bids for treasury bills are done every two weeks, so if you request say some days after the last bid, you'd have to wait for the next one that comes two weeks after the last. You can however place your request at any point. Your account would only be debited I think a day to when the treasury bill will be booked.

3.) go to your bank and tell their customer service representative you want to invest in treasury bills, you'd be given a form and advised on rate and the next bid date (usually within two weeks). Rate is usually higher than FD rates. In the past months, it's been around 13.5% (for 91days)

4.) minimum duration is 91days, not sure of maximum

5.) it cannot be terminated. (but I think it's transferable)

6.) it works like FD with a set return rate, but unlike FD that you get paid your principal and interest at the last day, for T-bills you actually get paid your interest on the 1st day. That is, say you invest N1m for 91days. You'd be debited N1m on the day of bid and credited your interest same day, then on maturity, you get your N1m credited.

7.) rate slightly varies across banks say +/- 0.05 percent. So, bank A might offer you 13.5% while bank B might offer at 13.45% while another offers 13.53%. Slight variation across bank as there is a set rate from FG, the variation is where the banks makes their spread.

However, from personal experience, I have realized FCMB as better rates compared to FBN and GTB per time (for same range of amount) even for FD. You'd be shocked to find 8% at FCMB and 5% at GTB, 5.5% at FBN for FD.

Disclaimer: please choose bank at your discretion!

I hope this helps, others can weigh in for better response

It would appear that the visa officers are over-worked and no longer as detailed as they used to be.

Someone had this same complaint in another forum that I visited today. The application was cancelled for not submitted the marriage certificate that she had already submitted.

You may want to send them a letter of explanation with evidence that the required document as uploaded.

Aka2003:
Gurus in the house please assist ooo, I just got a notification that my PR application was canceled as incomplete due to a missing police certificate from Nigeria. I submitted this police certificate along with other police certificates. What can I do about this? I do not know how they can cancel the application even when the police certificate was present there.

Na wao, $2000 just to fill forms and $1500 just to submit, abi, did they write IELTS for you? Yet they didn't even give you updated information and didn't recreate your profile before it expired.

Sorry about your baby, I know one never really moves on from such tragedy but I hope you've been able to accept it and looking out for the rainbow. Your story is an inspiration.

Jalzy29:
Dear Family,

I just want to drop a few points to encourage someone this hour especially people with IELTS scores that didn't come out as expected.
So i started this journey since Aug 2015..i rushed to do IELTS Without much practice and i scored: LSRW: 7.5,6,8,7 and i hired David Cohen Law Firm paid 2000 USD but nowhere was i advised that my score is bad and i need to retake the IELTS. I figured that out on a thread like this that was closed. So Practically, i read the previous thread and have been reading this thread since it started from Page 0.

Dont be in a hurry, every step is a major step: Practice, pray and Plan, and Read....
I Retook the exam in April 2016, when i figured out the CRS draw kept going higher: Behold: it was the hardest test i ever came across this was after so many practice sessions on Youtube, my hubby scaled thru because he listens to rap music... the listening was terrible..so i understand if the exam is tough..the result was: LSRW: 7.5,7.5,7.5,6.5.... it was a terrible try i must say coupled with the fact that i was heavily pregnant.
I eventually lost the baby at delivery in May and i was devastated and numb for weeks...
But Guess what i bought a book in church: JOYCE Meyer: NEVER GIVE UP...That book quickened the fire within me in this terrible times and i made up my mind to re-write IELTS exam, my hubby felt it was the wrongest time to write an exam because of the situation surrounding but my spirit man was lit and on fire..I paid for another IELTS AND Practiced, rehearsed, like my life depended on it..Prayed like my life was going to end..JESUS Did it: AUG 2016 Result: LSRW: 9,7,7.5,7...My score went up to 465.. but the subsequent draws were high..
I kept faith alive...till Jan 4 when i saw dat the draw came down and i didn't get an ITA after contacting DAVID COhen law firm they said my profile expired a day before and my contract had expired that the contract was for a year, remember i contacted them in July 2015 because a family friend relocated his whole family to Canada some years back and advised me they were the best and anytime i plan to take such a step i should contact them.
I was furious sent a mail to the whole high ranking officials in the firm and how they were joking with my relocation plan.. apparently we were not on the same page .. They decided to give me a waiver to renew my profile in the POOL...
Jan 11th draw i got ITA.. They informed me..and said they will collect 1500USD to assist in compiling my documents and submit my application to avoid mis-representation. I had already had enough of the firm and their shit.. so i told them i wont be continuing my application with them.
With the help of this amazing thread i was armed with information to submit a successful application.. which i did with my spouse.. We keep reading...Never GIVE UP.. Guys..see you all in Canada..

No, you're not doing anything wrong.

There's a new request under work history. Fill out the survey and check again. The points whould be automatically updated.

raymege:
Hello Peeps, Pls I have a sibling in Canada and I filled that out when creating my profile. However, my CRS score has not been updated with additional 15 points by IRCC to reflect that. Is there something I am not doing?

Sibling points have been automatically updated in my profile. I noticed it when I updated my husband's IELTSand the new survey under work.

It was practically the hard (original) copy of the soft that was sent to me.

petemail2all:
Ok. Thanks alot.
But what is inside the package and what will they be used for?

Sorry, I do not have the answer to your question but I'm curious to know whether you were asked to provide evidence to show that she's actually your sister.

omesanni:
Hi,
Just woke up to see that the document checklist for me has being updated following the two day maintenance cic was doing. One new checklist for me is proof that my sister resides in canada and an example of the document to show is a copy of bank statement or utility bill showing the relative's address. Now previous to them updating the checklist, I tried collecting my sister's bank statement and she said that it has her old address and that she cannot give me because she doesn't want her sensitive information out there like that. She then gave me her cell phone bills which has her current address on it and a letter from her employer saying she's employed by the company and works out of their vancouver office.

Now, I don't know if I can use these two documents as my proof that she resides in canada given that its not one of the example documents stated in checklist. I also don't know if cell phone bills count as utility bills in canada because I know generally utility bills are normally gas and electric. I also tried to get gas or electric bill from her but she lives with a friend and the gas/electric bills as well as the lease are all in her friend's name since she's the renter of the house.

Am curious to know from anyone who has gone through this process and has a relative who is permanently residing in canada, what documents they sent as proof of their relative residing in canada and whether or not the documents i currently have for this is okay.

I have. It was delivered in about 2 weeks...to my house in Lagos.

eddycross:


I used standard, sent it to an address in the US and it was scanned to me. I did not want to waste time with posting to Nigeria, and also risk loosing the mail.

Some people here have used international courier. Then you can have it sent to your address here in Nigeria.

I chose 'standard' and received the hard copy in Lagos about 2 weeks after I received the soft copy.

I hear you can use the soft copy for post ITA, so, I don't see any reason why you should choose the more expensive option.

petemail2all:
Please which ECA payment method is to be used

Hello,

My apologies, been a busy period.

Per the NOC,I chose NOC 4423 (by-law enforcement and other regulatory officers) I am a regulatory compliance specialist in telco, so, it might be very different from yours.

For the CRS tie, it simply means that if 5 people have 422 and the cut off point is 422, meanwhile, CIC wants only 4 people, the order of first come first serve will be deployed. Which means, the guys that entered the pool first will get ITA while the last person will not get.

ysmd:


What Crs tie?

@Yimiton I have been trying to reach you on my NOC issue?

Yes, it does.

Nony1:
Please does CIC accept IQAS evaluation?

For people waiting for the profiles to be updated with siblings' point, your profiles will be updated automatically but it might take days. See below extract from CIC website.

DEPARTMENT OF CITIZENSHIP AND IMMIGRATION
Current instructions last amended on June 6, 2017.

Notice: Amendments have been made to the Ministerial Instructions for the Express Entry Application Management System and came into force on June 6, 2017. The Ministerial Instructions were modified to:

Add Comprehensive Ranking System points for at least one sibling in Canada:
15 points for at least one sibling in Canada who is a permanent resident or Canadian citizen, residing in Canada and 18 or over.
Add Comprehensive Ranking System points for good French-language proficiency:
15 points for test results of the Niveaux de compétence linguistique canadiens (NCLC) at level 7 or higher in all four language skills in French (listening, speaking, reading and writing); and,
Another 15 points for test results of the Canadian Language Benchmark (CLB) at level 5 or higher in all four language skills in English, in addition of test results of NCLC at level 7 or more in all four language skills in French.
Add a new approach to rank candidates with the same Comprehensive Ranking System score:
The Express Entry system will continue to rank candidates by their CRS score, but where a CRS tie exists, all tied candidates will then be ranked based on the date and time they submitted their Express Entry profile.
For consistency and clarity, the Ministerial Instructions were also modified as follows:

Note: All changes are in place since June 6, 2017. Some foreign nationals might not see their Comprehensive Ranking System score change for several days.
All scores will be updated before the next round of invitations to apply where the Express Entry system detects that points are changed. There are no new questions to answer in the Express Entry profile. Foreign nationals do not need to update their profile unless they wish to provide new information related to these changes.
Applications for permanent residence for foreign nationals invited to apply before June 6, 2017 will be assessed based on the previous Ministerial Instructions.

I saved a copy of the form when I applied for mine.

I have attached it for your use. Read the instructions on the form properly and follow it. Their numbers don't go through.

philip3:
Hello house.
Please I need advise on getting masters transcripts from Unilag for WES evaluation.
It seems the application is done online strictly but the website has been giving errors and the numbers to call have not been connecting.
Can anyone provide assistance on this?

Also what are the chances in British Columbia for job offers in the procurement field?

Cheers.

jelmusboy:
Married

29 years

IELTS LRWS - 7.5,7.5,7.5,8

Education - Masters

5 years work experience in Nigeria only and not Canada

NOC - Medical Laboratory Technologist

People, what can I do to get ITA. Need advice pls

Change your score in listening to 8 and your overall score will be over 440.

Ok, thanks.

Ehrnie:


Hi -

I opened it Friday and then this morning again. It allowed me login but I noticed things have changed on their site e.g. they now inform you you've been placed on a queue and the captcha system in place to make sure you aren't a robot.

Keep trying.

Guys, please has anyone been able to open the Ontario immigration website? I've been trying it for the past 3 days and I've been getting this error message

This site can’t be reached

The webpage at w w w.ontarioimmigration. ca/en/pnp/OI_PNPUPDATES_FEB21.html might be temporarily down or it may have moved permanently to a new web address.
ERR_SOCKET_NOT_CONNECTED

I had to put spaces on the website address to enable it get posted.

Congrats. This is a fantastic timeline.

Dapt16:
Hello everyone, I have been stalking this thread since late February and I just decided to thank everyone for the wealth of information provided here. Here is my timeline:

IELTS (My hubby and I) - 25th March 2017
Applied for ECA using WES - 18th March 2017
ECA report - 28th April 2017
Express Entry pool - 30th April 2017
ITA - 3rd May 2017

We hope to do medicals and PCC this week and hopefully submit the application by next week God willing.

WES usually sends transcript back to the issuing institution to verify the authenticity of the transcript. You need to follow up with Uniport to get them to reply. Unilag usually replies by email and it doesn't cost a kobo but it's possible Uniport will rather use courier, in which case you'll have to pay for the courier services.

bigbroda:
Any Uniport graduate dat did WES evaluation in d house? 0

Honestly these WES guyz are giving me headache abi na UNIPORT ni.

I already paid WES and also sorted out my Uniport transcript sending. About 2 weeks ago, my status on WES website changed to 'documents recieved, review in progress'. I knew they use about 20 business days to complete review, I just decided to mail them yesterday complaining dat I was yet to hear from them on my credentials evaluation and I got d mail below from them:

Dear Applicant,


University of Port Harcourt has sent the attached form requesting a fee in order to verify the authenticity of your credentials.

PLEASE SEND YOUR PAYMENT DIRECTLY TO University of Port Harcourt.

Your evaluation is on hold until WES receives a written response from University of Port Harcourt.



What's dis crap about? Does anyone understand dis? Still wondering why they didn't even tell me dis until I mailed them yesterday.

Ehrnie:


Sorry to burst your bubble....but you REALLY need to confirm this OINP 40 days or 14 days deadline. This question has been asked previously on this thread and while some said 14 days, others said 40 days...and this is irrespective of whether you have registered for one-key system or not.

Please confirm...please. Check other Canada threads....use google and all means to confirm this grey area.

thanks. I'll check.

Fantastic response! Thanks so much. I was actually wondering how long I have to accept or decline the nomination. Hopefully, we'll be able to sort everything out in less than 40 days.

Beem4cupid:
I will say since the Ontario has 45 days validity, then still hold on but pls don't create the one key account yet oo cos once you do,u have to submit an application within 14days or lose the nomination. That's what I heard though. I might be wrong

I just received an LOE from Ontario and wondering whether I should accept it or wait to see if I'll get ITA.

My points presently is 405 but that's without my spouse's IELTS. He intends to apply for and write IELTS as soon as he gets his passport, which he's hoping to get next week.

He has also started his ECA and it's still pending with WES. With his ECA and IELTS, we should end up with about 430 but we don't know how long it will take to get ECA and we're not even 100% sure that he'll get his passport next week. We fear that points might just keep increasing. We also have siblings in Canada and by June , we'll get the extra 15 points, which will further increase our points.

So, my question is: should we accept LOE from Ontario or wait for IELTS and WES and pray that we get ITA subsequently?

Seniors in the house, abeg lend your voices oh.

No, you can't because you will be required to provide the date on your ECA result and your reference number.

prospecthomes:
Can I enter the pool while waiting for ECA

They would have communicated the time and date by now if they were having a draw today. From all indication, the draw will not hold today.
My take is that they're stalling to see if they can get more people with high points so that they don't have to go below a certain point.

HTC2017:
what time does it normally drop? 6pm WAT?

True. You'll hit that mark if you get a job offer from Canada but I hear it's very hard for foreigners in other countries to get confirmed job offers.

olugere:
@ yimiton

Let say one can get job offer from Canada, you will be able to hit it

emmsana:
Hello house
What is the best way to get above 450 I the scores.
Am the only one sitting for the IELTS exam excluding my wife
I have a bachelor degree and NCE certificate
Married
Over 10 years professional practice
Wife is a teacher with over 10 years of experience as well
She has degree in education also with NCE certificate
Both are 34 and 33 accordingly

I have tried the CRS several times I have never hit 400

Best advice please
Thanks

From the information you have provided, it is almost impossible to get up to 450 even if both you and your wife take IELTS and get the maximum possible scores.

Nevertheless, the ways you can get your desired points are:
Option 1. Get a provincial nomination. Maybe Sasks, Manitoba, Nova Scotia etc.

Option 2. Wait will June 6th 2017, both you and your wife ace IELTS, you also write the French language test and pass it well and you have a close family member in Canada. Close family is like parents, siblings.

The English and French will give you an extra 30 points and your relation in Canada will give you an additional 15 points. But this will become effective from 6th of June 2017. So, if you can fulfill these options, you'll get even more than your desired scores.

Beem4cupid:
Answers @bolded

Thanks a lot!

Seriously, why isn't anyone answering my questions? Is it that there are no answers or have I asked questions that have been dealt with?

Please I seriously need answers to these questions to avoid misrepresenting or keeping serious information without even knowing it.

I have filled and submitted my Expression of Interest and received an acknowledgement email but I'll like to make changes where necessary before it becomes too late. My questions once again:

1. I only assessed my Master's degree and filled only my master's degree. Do I also include my BSC which I didn't assess?

2. I have spent more than the required 3 years in my present job and my previous job has closed up. Do I still include the previous job or just list only my present job?

I beg, experienced members, I need your assistance here.

yimiton:
Guys, please I need some clarification.

I have just received my ECA from WES and currently filling my EOI application/profile form.

I only assessed my Master's degree. Do I fill only my Master's degree there or do I include my BSC even though I didn't assess it?

My spouse' ECA is not out yet, do I leave his pages blank?

Since his experience will not add any points, should I list them or just leave it blank?

Your assistance will be highly appreciated.

Dear Good People, pls I'm still waiting for your responses to my questions oh. Thanks in advance.

Guys, please I need some clarification.

I have just received my ECA from WES and currently filling my application/profile form.

I only assessed my Master's degree. Do I fill only my Master's degree there or do I include my BSC even though I didn't assess it?

My spouse' ECA is not out yet, do I leave his pages blank?

Your assistance will be highly appreciated.