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Travel / Re: Man Allegedly Denied Visa For Owing Loan App N5K by Surelay: 10:09pm On Jun 16 |
I know of someone that borrowed money from different lenders and he is paying back as at when due when he reached UK. |
Politics / Re: Labour Shuts NSITF Headquarters Over Staff Salary ‘Cut’ by Surelay: 8:18pm On Apr 26 |
How much was your total package before? How much is it now ? 1 Like |
Politics / Re: Port Harcourt Refinery To Begin Operation Before December 2024– Senate Committee by Surelay: 3:57pm On Apr 20 |
Baba OBJ has been vindicated |
Phones / Re: Airtel Vs Glo Which Has A Better, More Reliable Internet Network? (Photo) by Surelay: 8:47am On Apr 19 |
It depends on individual locations Most people in remote area in some state is GLO. Cheap data = GLO Recharge #1000 to get #4000 extral to call any network with your #1000 still remains to sub data = GLO So, GLO is the best. Although no permanent friend in All network 6 Likes 2 Shares |
Career / Re: Since I Slept With My Staff She No Longer Respects Me Pls Advise Me by Surelay: 9:49pm On Apr 15 |
Hope you used condom before she will be collecting money for preg 1 Like |
Career / Re: What Are Your Experience Working With Indian Managers by Surelay: 1:34pm On Dec 04, 2023 |
Well, very correct, but; I have been working with olam for years and never regret for one second,,One of the best place to work as a staff. Though, olam groups is multinational . 2 Likes |
Politics / Re: Cost Of Living In Nigeria Is Cheaper Than UK Or US by Surelay: 10:23pm On Dec 03, 2023 |
You did not get yesterday trend very well. The 10 pounds is for 1 hour work £10 × 8 hrs =£80 = #80,000 plus in Nigeria So a day job in uk =2 months job in Nigeria And for 10 pouds to buy those things is great and you can still have a lot to save after tax |
Business / Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Surelay: 11:32pm On Jun 14, 2023 |
[quote author=pkota post=123802913] I tried to check for simplier meaning. This is what it means below Foreign Exchange Market Changes User Please explain the below to a ten year old. OPERATIONAL CHANGES TO THE FOREIGN EXCHANGE MARKET The Central Bank of Nigeria (CBN) wishes to inform all authorized dealers and the general public of the following immediate changes to operations in the Nigerian Foreign Exchange (FX) Market: • Abolishment of segmentation_ All segments are now collapsed into the Investors and Exporters (I&E) window Applications for medicals. school fees. BTA/PTA, and SMEs would continue to be processed through deposit money banks • Re-introduction of the "Willing Buyer, Willing Seller model at the I&E Window. Operations in this window shall be guided by the extant circular on the establishment of the window, dated 21 April 2017 and referenced FMD/DIR/CIR/GEN/08/007. All eligible transactions are permitted to access foreign exchange at this window • The operational rate for all government-related transactions shall be the weighted average rate of the preceding day's executed transactions at the I&E window, calculated to two (2) decimal places • Proscription of trading limits on oversold FX positions with permission to hedge short positions with OTC futures. Limits on overbought positions shall be zero. • Re-introduction of order-based two-way quotes, with bid-ask spread of Ni. All transactions shall be cleared by a Central Counter Party (CCP). • Reintroduction of Order Book to ensure transparency of orders and seamless execution of trades. • The operational hours of trades shall be from 9am to 4pm, Nigeria time • Cessation of RT200 Rebate Scheme and the Naira4Dollar Remittance Scheme, with effect from 30 June 2023. Further guidance on these matters shall be communicated in due course All market participants and the general public are kindly enjoined to abide by these rules. Ange a re-Ejernbi, PhD Director, Financial Markets ChatGPT Imagine you have a collection of different toys, and you want to exchange some of your toys with other kids who have toys you like. The Central Bank of Nigeria is like the organizer of this toy exchange. They have made some changes to how this toy exchange works, and I'll explain them to you. First, they used to have different sections or groups for trading toys, but now they have combined everything into one big group called the Investors and Exporters (I&E) window. This means that everyone who wants to trade toys will do it in this one place. Second, they have a new way of deciding how much one toy is worth compared to another. It's called the "Willing Buyer, Willing Seller" model. This means that the price of toys will be determined by how much someone is willing to pay for a toy and how much someone else is willing to sell it for. This helps to make sure that the prices are fair. Third, when the government needs to exchange their toys, they will use the average price from the previous day's trades in the I&E window. They will calculate this average to two decimal places, which means they will be very precise. Fourth, they have some new rules about how much toys people can have if they have too many or too few. If someone has too many toys and it's causing a problem, they won't be allowed to have any more. If someone doesn't have enough toys, they can use a special contract called OTC futures to protect themselves from losing more toys. Fifth, they are bringing back a way to show how much people are willing to buy or sell their toys for. It's called the Order Book, and it helps everyone see the prices people are asking for their toys. Also, all the trades will be cleared by a special group called the Central Counter Party (CCP), which makes sure everything is done correctly. Sixth, they have specific hours when people can trade toys. It will be from 9 in the morning to 4 in the afternoon, based on Nigeria's time. Seventh, there are two programs that are going to stop. One is called the RT200 Rebate Scheme, which gave some benefits to people who exchanged toys. The other is called the Naira4Dollar Remittance Scheme, which had some special rules for exchanging toys when people sent money from other countries. These changes are important for everyone who wants to trade toys, and it's essential for them to follow these new rules. The Central Bank of Nigeria will give more information about these changes later on. User Please upgrade it for a 15 year old ChatGPT Sure! Let's upgrade the explanation for a 15-year-old: Imagine you're part of a big marketplace where people trade different currencies, just like in a market where you can exchange money from one country to another. The Central Bank of Nigeria is like the manager of this marketplace, and they've made some changes to how things work. I'll explain it to you in simpler terms. First, they used to have different sections for trading different types of currencies, but now they have combined everything into one main section called the Investors and Exporters (I&E) window. So, all the currency trading will happen in this one place. Second, they have a new way of determining the exchange rate between currencies. It's called the "Willing Buyer, Willing Seller" model. This means that the value of one currency compared to another will be based on what someone is willing to pay to buy that currency and what someone else is willing to sell it for. This helps to ensure fairness in the exchange rates. Third, when the government needs to exchange currencies, they will use the average exchange rate from the previous day's trades in the I&E window. They will calculate this average with two decimal places to be more precise. Fourth, they have some new rules regarding how much currency people can have if they have too much or too little. If someone has too much currency and it's causing a problem, they won't be allowed to have any more. On the other hand, if someone doesn't have enough currency, they can use a special contract called OTC futures to protect themselves from losing more currency. Fifth, they are reintroducing a system that shows how much people are willing to buy or sell currencies for. It's called the Order Book, which displays the prices people are asking for their currencies. Additionally, all trades will be verified and cleared by a special group called the Central Counter Party (CCP) to ensure proper execution. Sixth, they have specific trading hours when people can exchange currencies. It will be from 9 in the morning to 4 in the afternoon, based on Nigeria's local time. Seventh, two programs will be discontinued. The first is the RT200 Rebate Scheme, which provided certain benefits to individuals exchanging currencies. The second is the Naira4Dollar Remittance Scheme, which had specific rules for currency exchange when people sent money from other countries. These changes are important for everyone involved in currency trading, and it's crucial to follow these new rules. The Central Bank of Nigeria will provide further guidance on these changes in the Can i purchase from Alibaba directly with naira card? |
Business / Re: CBN announces unification of FX windows, stops Naira4Dollar scheme by Surelay: 11:10pm On Jun 14, 2023 |
What is the benefit for those who want to purchase from Alliexpress. Whould i be able to purchase directly by using my naira Master card ? 2 Likes |
Car Talk / Re: Buying My First Car by Surelay: 5:51pm On Mar 15, 2023 |
Go for 2006 honda civic, am using it since 2019 and never given problems with small fuel consumption. But price is above 2.5 now for grafe one. 2 Likes 1 Share |
Career / Re: Which Is More Important, The Course You Studied Or The Result You Came Out With? by Surelay: 5:23pm On Jan 25, 2023 |
WHICH COURSE followed by WHICH SCHOOL? On a normal level, if you are looking for job, 90% of people who want to help will ask you WHICH COURSE did you study. It happened in my office yesterday when someone is looking for job , first thing MD ask is which course follows by WHICH SCHOOL HND lower credit stably working in the bank as permanent staff without knowing anyone. |
Crime / Re: 4 Secondary School Students Remanded For Sexual Assault on female colleague by Surelay: 9:12pm On Apr 07, 2022 |
Crime / Re: 4 Secondary School Students Remanded For Sexual Assault on female colleague by Surelay: 9:11pm On Apr 07, 2022 |
It was reported that the serial assault occured on four occassions at different locations. How come ? |
Crime / Re: 4 Secondary School Students Remanded For Sexual Assault on female colleague by Surelay: 9:11pm On Apr 07, 2022 |
It was reported that the serial assault occured on four occassions at different locations. How come ? |
Celebrities / Re: Fela, King Sunny Ade, Others Inducted Into Afrobeats Hall Of Fame by Surelay: 10:34pm On Mar 03, 2022 |
Dr Sikiru Ayinde Barrister rest on,,truly original even after death 3 Likes |
Education / Re: How did the B.sc Become So Useless In Nigeria? by Surelay: 10:32am On Jan 27, 2022 |
Our factory manager is a HND older in a company of more than 1200 staff and workers. Although have series of experience from other companies before joining us. |
Education / Re: How did the B.sc Become So Useless In Nigeria? by Surelay: 10:24am On Jan 27, 2022 |
Yes,,am working with a private company well paid with OND & BSC, though enter with OND . Most of BSC HOLDER doesn't have anything to contribute to the company yet demanding higher pay.Bsc hold have ego deu to HND/BCS dichotomy in Nigeria which makes them less productive. Again,company preferred OND/NCE/HND because no matter how good you are you will still bs trained in some aspects with less paid. Most of BSC Came for IT in our company only few from one private company could vibrate. During the Bsc program i though we are on top of the situation on till i got to the field before i realized HND holder performed better . Most HND will want to prove to you that we are better hence make them more productive on the field. Meanwhile,not all HND Were good nor all BSC were bad. |
Romance / Re: Lady Blocks Her Boyfriend & Disappears After He Sent Her ₦2M Instead Of ₦200k by Surelay: 6:01am On Nov 24, 2021 |
Look like joke. But if real, not a big deal. Reports to police to track down the her number Also Reports to your bank for blockage of her account from withdrawal. Happen to me before and i got my money back. |
Car Talk / Re: Toyota Corolla 2004 Vs Honda Civic 2004 Which Is Better Overall? by Surelay: 3:43pm On Nov 22, 2021 |
Staru1: Civic don't pull legs ,only common to accord 3 Likes 1 Share |
Car Talk / Re: Toyota Corolla 2004 Vs Honda Civic 2004 Which Is Better Overall? by Surelay: 3:41pm On Nov 22, 2021 |
[quote author=airsaylongcome post=107861573]None. Honda in Nigeria are notorious for their faulty "legs" 2004 Corolla are notorious for being a ready target, a sitting duck, for thieves. [/quote Civic doesn't have leg issues only accord 2010 below 2 Likes 1 Share |
Business / Re: Flour Mills to Acquire 76.8% stake in rival Honeywell Group at N80 Billion by Surelay: 1:06pm On Nov 22, 2021 |
Rexymania: dangote no more in flour, noodles, semolina etc he has sold everything years back |
Career / Re: B.sc In Economics Or Accounting.please Advice by Surelay: 11:05pm On Jul 07, 2021 |
Why not PGD accounting then MSC Economic .You would finished at same time with your BSc with 4 cert.,,,OND,HND,PGD,MSC. Maybe someone promised you job after Bsc |
Career / Re: Your Experiences With Chinese Bosses As Nigerians by Surelay: 9:38pm On Apr 12, 2021 |
I am working with Indian company, I have never regret for a second. I always thank God for working with them. Better than British, American and Nigerian. I even went to overseas training....Indian God bless your company ooooo 3 Likes |
Car Talk / Re: What Do I Need To Know Before Buying A Nigerian Used Honda Car? by Surelay: 9:53pm On Mar 25, 2021 |
Most people that said Honda is bad were talking because of perspective of Nigerian especially we in southern parts towards Honda, in the Northern parts they value Honda than Toyota. Anyway, in america HONDA beats Toyota . Top 10 Most Popular Cars in America (2020) 1. Nissan Altima 2. Honda Accord 3. Chevrolet Malibu 4. Honda Civic 5. Chevrolet Impala 6. Ford Focus 7. Toyota Corolla 8. Ford Explorer 9. Subaru Impreza 10. Toyota RAV4 |
Car Talk / Re: What Do I Need To Know Before Buying A Nigerian Used Honda Car? by Surelay: 9:39pm On Mar 25, 2021 |
Honda civic is the best in terms of fuel economy and no leg pulling out Also Honda accord 2010 upwards no leg issues. Am using 2006 civic, thanks God never give me problems whatsoever. I do ,,,,,,,, Leg maintenance every 3 months Oil every 6 months |
NYSC / Re: Lies About Sex During NYSC Camp & After Camp by Surelay: 12:38pm On Dec 04, 2020 |
You are wrong,,, people furck well well for nysc programs 8 Likes |
TV/Movies / Re: Which Brand Of Plasma TV Is The Most Durable And Strongest? by Surelay: 8:37pm On Jul 31, 2020 |
Sony ,, though expensive |
Celebrities / Re: Which Celebrity's Death Pained You The Most? by Surelay: 10:16pm On May 03, 2020 |
My mother May your soul rest in peace And Sikiru ayinde Barry |
Car Talk / Re: 4 Common Problems Honda Users In Nigeria Complain About by Surelay: 10:01pm On Aug 20, 2019 |
Honda civic don't have ball joint problems Honda have more better interior I Google search the comparison between Honda civic with Toyota corolla Honda civic won in most aspects Even Honda civic is expensive than Toyota corolla 1 Like |
Education / Re: Commissioning Of Moses Orimolade University (omu Aran)kwara by Surelay: 3:14pm On Jun 02, 2019 |
Unlimitk:I disagreed with you. Corrently we have up to 9 higher institutions in offa apart from offa university under construction |
Autos / How Much Will Cost To Clear Car From Overseas by Surelay: 8:52am On Mar 02, 2019 |
Please I need help on the amount it will cost to clear 2003 lexus es300 from overseas at A papa port lagos including agents fees |
Business / Re: How much Will Take To Clear A Car From Overseas by Surelay: 8:46am On Mar 02, 2019 |
Thanks |
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