NewStats: 3,264,986 , 8,185,273 topics. Date: Friday, 13 June 2025 at 04:17 AM 4bm

RabiiDOracle:


Talkactive.............. Let sleeping dog lie......................

Are you the messiah, the one we've been waiting for?

Noblefresh:
Hello house,
Hello great gurus in the house,
Had my interview last month and was placed on AP(abj embassy) my interview went well and the VO collected my port. A week after while tracking my port my satus changed from AP to Refused.

Hence,I got my port at Dhl office(VI) a week after, they attached two slips paper:
1. Pink deny paper 214b
2. Section 212(a)(6)(C)(I)-for fraud and misrepresentation of material fact. With a pen indicating FAKE BANK DOCUMENTS


I later confirmed from my uncle the bank statement was not genuine that he paid someone to arrange it,from recent trends here I want to confirm how I will know if am banned already,coz the slips they gave me didn’t indicate the years I duration for my ban,how will I get to know if I am ban and how soon can I reapply ?

Please great gurus in the house,kindly assist with legit info ?

GboyegaD:
I am concerned at the rate of istrative Processing in recent times. Is it that we are so fraudulent they have to check every of our statements/documents now? Soon we all will be quick to abuse the government and forget to ask how we have also added to the pains of those who are genuine. We abuse privileges too much in my opinion.

Oga Gboyega, you see why cases of AP would continue and getting Visas would only get tough right. We are cheats, it is our nature. I had a meeting with a lawyer here last month and she told me that the US doesn't trust documents from Nigeria because it has higher chances of being fake. The reputation is already damaged and it is getting worse.

I was chatting with two of my course mates the other day, a Chinese and an Indian, they were both issued visas for five years while I was issued for two years and stamped in as D/S. We are all pursuing a STEM MBA, meaning that we can be in the US for five years potentially.

Yayira:



Hahahaha which one is this again! Lol babe your keyboard dey malfunction ? Or you really type all this ?

Hahahahaha

Ko ye mi rara.

Agbalowomeri:


She is on top something

Or something is inside her.

Deepsuk, I sight you!

Anything buy recommendation for your boys?

Mpeace:
You dat just ed May 19, know oracle and pa emma. No problem sha. I don stop to dey spot multiple monikers.

Ha, Chairman of Diamond Bank and the Chief Risk Officer of Diamond and FBNH. You no know say you draw my attention to FBN back then and I bought because of the potential write backs. It is for the same reason that I have FBN on my list of buys.

I have like 4 monikers but have lost the details of the others

veecovee:
Thanks a lot.

I really pity one man here who should have learnt from what just happened to him, that's not good
to rejoice in another man's pains or blame him so much for his mistakes. Why should a man keep
spending his days after days talking arrogantly, and has ended chasing out those that used to discuss
good stocks with sound numbers that one should possibly buy at the right time.

I wonder how the market will be to him if there was no buying and selling at all for one month.

Oga, you just did what the guy is preaching against.

Bros, you no dey forgive?

Mcy56:


Sir/Ma, while I understand your angle, I think it's just better to take some comments lightly and also find a way to pick important points from it. Money woman mentioned not listening to market noise; if you are sure of the strategy you are using, I think there should not be any cause for alarm.
However, I observed that you are overly optimistic, which to me still falls within the 'too much of everything' you mentioned. Understand that some people rely on info here sometimes and may be misguided by those comments of yours too, thereby losing money should the stock you hyped shed price instead, especially this bearish period.
I see no harm in warning people about buying at higher prices cos any investor's aim is to make profit.
Just my humble opinion sha.

Babes, all these energies you are sharing here, do work with power horse?

You're the real MVP and the GOAT.

stcool:


Maybe I should clarify myself. I bought Diamond bank at an average price of N1.22 while doing this I wanted to also buy Zenith at a comfortable price so I can hold long term. When I saw Zenith below N20 i felt it was time to buy which I did without looking back. I have been in the Nigerian stockmarket for too long, so I paid my dues. What I'm saying is that it would be wrong of me to put others in pressure by quoting too many prices like Zenith would hit 18, 15, 10, or 8 Naira.

I just waited for price to approach my range and I entered. Fx and some others would just tell you what the chat says and that is it. He could tell you price could break lower so wait to buy and you see the chart . But posting all sorts of prices without even a chart to back it up is gambling. Forex traders would know better. When you say a currency would fall to a certain price, you either have your chart to back it or remain silent, cos you are just gambling. So if you say a stock would hit N5 show me chart or proof else....

Oga, you care for some late night happy hour tomorrow at 7:30pm?

What is said here does not stop the market from going up or down, just do your thing. If you are trapped, you only lose when you sell. All of us are gamblers na, even Warren Buffet.

Next time, don't just have price range and then start loading once price gets there, check the mood of the market. There is still 4 months before elections, the activities of foreigners have materially reduced, your dummy PFA PMs are sitting and watching until the market charges up strongly before they start buying...

Please where is Pa Emma?

Please where is rabbidoracle, he should come out hiding o

Chibuking81:

Hahaha including EFCC and DSS are Skye bank stakeholders. People distance themselves, because once one invested a huge amount of money there, you will be noticed, the less will be history.
;

Minus that, Skye bank would have gone the way of intercontinental and oceanic bank.

Chiboy, how far with JB, does it still have the midas touch?

Thank you.

212(a)(6)(C)(i) Material Misrepresentation / Fraud
Material, willful misrepresentation or fraud is the second most “popular” grounds for inissibility among consular officers — and one of the most complicated areas of immigration law. The consequences for making such a misrepresentation are draconian: a lifetime bar from the United States. This is why consular officers are cautioned to be careful in making such a decision, with such decisions subject to “strict scrutiny” and requiring “substantial evidence” to them.

This section of the Immigration and Nationality Act, 212(a)(6)(C)(i), requires three elements: a finding that the

visa applicant made a misrepresentation;
did so willfully; and the
misrepresentation was material.
A misrepresentation is a statement not in accord with the truth — made by either the visa applicant or his agent on his behalf. It must be a statement or a submitted document; silence is not considered a misrepresentation. So the fact that a tour agency or visa consultant erroneously completed a visa application does not “save” the applicant. Similarly, an applicant who does not know English is not “saved” because he misunderstood a question; the inaccurate information is still considered a misrepresentation.

PETERiCHY:
London bridge is falling DOWN.

Our LONG TERM investors rightnow

PETERiCHY:
BONANZA Hunters rightnow

Peter, just like you did to your master Jesus, you are shifting grounds again.

hyness:
https://www.yahoo.com/news/mtn-affair-casts-shadow-over-nigeria-economy-analysts-044145983.html
One of the comments on this article was: Corruption, no rule of law, no justice- who would want to do business there?

If people in power allows transactions to run legally with all protocols observed, potential investors won't get bad rap/perception about our dear country. Enough said jor!

The risk is already factored in. That is why they are not considering exiting Naija, the return outweighs the risk.

I'll be pitching Naija to some IM firms next month and the story is simple "you don't get the returns anywhere over the long term".

With the many negative stories on the EM space recently and political risk in Naija, good money can still be made.

If any of the global IM firms commits $100m to Naija equties, the market will stabilize. All you need to do is to sell back once the coast is clear and the mkt is risk on or you hold for the log haul

wanaj0:


Please, don't say this outside! Buffet was lucky? Lucky for how many years? when will the luck end You attribute years of implementing a strategy with tremendous result to luck? Ok ooo

Outside where? Search for "Warren Buffett with Jay Z 2 from 5 (Warren Buffett)" on YouTube and watch Buffet himself say so. In fact, he said a lot of luck.

When you say there is a strategy, it should always yield the same result, if it does not, then there is an element of chance.

The other thing is selection bias, others would have definitely done more than Buffet at the same time but failed. The world don't get to hear their stories because no one is interested in a failure and a failure won't tell his story because of shame

TLAX:


This comment is too sweeping and general. How do you know this for sure?

There are 196 active firms on the NSE and non is in profit YTD. The same is true for the inactive ones.


You wanna mention your Firm?

baoto:


My dear, surviving stockbroking houses have been on proprietary trading, not necessarily on brokerage fees. The minimum operating standards have improved efficiency in the industry, but also balloon expenses for these houses in the faces of market cycles. Large transaction tickets do not just occurred regularly because of market depth and shareholders structures... If you set up one today, within 6 years you must have hired about 7 MDs given your current dispositions!!!

Proprietary trading in which market?

There is no firm that is in profit year to date from prop trading.

EncephalonPikin:




I would love to retake the SAT but since finance seems to be an issue at the moment. I'll focus on my studies here so as not to lose on both sides.

Thank you Sir �

Oga, if you are confident of acing the SAT this time around, shoot me a PM.

I am confident for you because I believe your undergraduate experience has enhanced your knowledge since the last time you took the test.

Thank you.

sellydion:


See comrade, in this market you need to get a system, and practicalize the system some use back testing to be successful.

Read books on technical and fundamental and choose your approach. People telling you sell are right those telling hold are also right.

You are the one to make your choice based on books you have read , your rigorous thinking and your experience in the market.

I belong to the school of thought of Warren Buffet( Fundamental) having done my own analysis , rigorous thinking and read good books

You have actually miss the boat on FO the fundamental are not right again, you supposed to have sold long time ago.

So the best is to sell.And move on.

I differ greatly to the school of thought of sell on Stop Loss. I have been there. My brother I know not a small thing on technical analysis,

However there are systems to manage your stop loss instead of killing your money while the [b]GOOD [/b]company is still alive and well. Mind the

word in bold. Fundamentalist only cut losses when the edges are going, and they usually bought at GRAVE ROBBER PRICES. Undervalue that is the

why I always ask our resource person ( )

When stock Market are moving together in one direction. If you sell in one and put your money in another. Same scenario will still play out. exceptions are very few like AIICO untill the market bottom out.

Many are trading movement of stock price using ( stop loss )while we trade underline securities based on the company edges. Different approaches.

Stop loss only apply at the sign of danger to the security underline edge which permanently may affect the price no more. Fundamentalist stop profit and in few cases lose at the changes of edges. Most time if you do it right in buying with good marging of safety you should come out on top. Think about it. However some can not put emotion at bay they must sell because one bank director slap another Director?

Friend it is well.

Story story, hindsight bias.

There is no system that works.

When was the fundamentals of FO ever right?

Warren Buffet was only lucky that what he loved doing became a banger.

And the fact that serendipity smiled his way. For example, if Harvard had accepted him, there was no way he would have met Graham at Columbia to learn under his tutelage.

Experience is the best teacher. You'll learn the ropes by doing it.

Mcy56:

Okay. The appointed first lady was the former first lady of Ekiti State, Mrs. Angela ADEBAYO. Her choice of selection may have political undertone afterall.

Political undertone ko, she is the chairman if Afriland Properties

Yayira:


If you be student, I be weytin ?

Student as in student. I am working on Tim Calkins' Zimmer case at the moment.

As per the stock market, you're my leader na, you have hands'on asset management experience in several Sub-Saharan African markets.

You lead, I follow.

Yayira:


I that vetiva rating on diamond bank like yesterday but go and check all those brokers that placed 4 naira on diamond bank then, they are all rating it bad now despite their heavy losses and some are still trapped. If this ain’t fairness to you, I don’t know what is.
Poo happens.. they did not see that bomb of a result coming.

Anyway the stocks my broker placed a buy on are stock that are are good stocks and are trading at a discount! Weytin again you dey find ? Mr.
Hmmm make awof no go kill you lol
All I know is anybody buying now won’t buying dog meat.. y’all are waiting for a fall in price that you not 100% will happen!
Almost all the good stocks are trading at a discount which is a guarantee! But you choose to wait for prices that are not guaranteed..
A bird at hand my dear is far better than millions in the forest.

BTW tell me, aside 2015 election which other past elections has sent NSE on its knees ? I really want to know.

I have those stocks on my radar before they sent me their own anyway.. acting on my own

Madam, no time, na student I be. But as a general matter, PMs, analysts and most investors see elections in EMs as risk events, so it is a herd thing.
And for your info, diamond sits atop my list. When the time comes, the market will forget about its woes and price it around its peers. I also believe that they'll soon return to profit.

Yayira:


Hi, take a look at the picture below that’s my broker’s valuation summary (pick for this quarter ) but out of all I have my eyes on only 3. You can choose from the list.. just look for those with good upside potentials %%%% but like you know na, I can not tell you when to buy.

Sorry that I am quoting you again.

Valuation ain't a thing.

An understanding of the times, market sentiment or momentum and having a few stocks on your watch list is what matters.

This market is not hard to play. All stocks move at the same time. Na who be that your broker, just mention their name make I tell you the level of their loss. Who re that Vetiva's valuation that puts diamond at around 4 naira. All these broker dealers are sitting on heavy losses, they are all waiting to leverage their portfolios and return to profit earlier than an unlevered portfolio would.

There is still September, October... and February. you think there is a sustainable bull run in between? Global sentiment on emerging markets is risk off, you have political and currency risk in Nigeria, the foreign funds would rather buy when the market is up and the outlook is positive than bet a dime in the face of this uncertainties.

Before dem come next year, we go don buy push prices go up and offload to them when dem show.

Yayira:


What you are actually suffering from not me.
What general warning will make me sell a stock I know got good potentials ? Some comical projections here ?
No, not a enough reason, I’d rather average down if price fall.

Hi babes, you care for some beef jerky.

I hold no stock, everything is in TBills and dollar.

The thing is you'll learn with experience, so worry not you'll be fine.

Yayira:


Hi, did you end up selling your zenith at 21 ?
If Yes, then this should be a very good lesson to always have a mind of your own..
You bought at a good price but because of the many noise here on how zenith will head back to 13, you freaked! You want to sell at loss so you can buy more units at 13.
SMH Lord please guide our steps oo. Make greed no kill us before our time in this market.

You know exactly what you were buying, you know its worth but you forgot your noise filter at home before coming to this blog..

I bought mine at 28+ but still very galant because I’ve seen this stock trade as high as 34 naira and also worth more than that on a good day, so if it ever fll to 13, my only revenge will be to load more like craze because I know the reason for the fall is the political hubbub in the country and not because of a bad performance in quarterly reports.

I hope It falls to 13 naira sha.. my prayer too. Both sides na win for me.
Go up or come down Yayira on both sides waiting.

Madam you are contradicting yourself.

He should learn a lesson for selling at 20+ and you are waiting to buy at 13 to average down. What you are suffering from is loss aversion bias. You also demonstrated the anchoring bias by mentioning that you saw Zenith trading at 34.

The thing about this market is that you learn from experience and that is the unfortunate truth. Next time when you buy a stock and there is a general warning about a fall, you would not waste time but bail. You are better off selling at 26+ than waiting for 13+ for a revenge.

The market will still fall and that is the plain truth, so brace up for the uncertainties ahead.

Phatkayconcept:
This is how informative this platform can be! I'm so thankful for all your contributions, sincerely I have gotten more than enough to ponder on.

Following the contributions thus provided.. It seems my first hurdle is to SIT FOR GRE and possibly English test.

If this contributions has been exhausted in relation to my circumstance, that means NO ISSION to US Universities without these TESTS?

You can be itted, however, not to a highly ranked school and don't expect to get funding. Also, no test is a sign of no serious student on the part of the VO.

So uncle, go get the grind going on GRE and TOEFL. You'll be saving yourself tens of millions of naira.

Phatkayconcept:
Hello wonderful people, I have been a non committed follower of this trend but I don't just know how to get started with my own stories, however difficult; I start today!

Please help me with your experience and guidance. I'm a serving corp member billed to out later this year and I am highly determined to start my application for masters study in the USA unfortunately, I have no experience or idea on how to get started but I so much believe this tread will help greatly.

I'm a first class graduate in statistics and I am open to studying related courses in statistics, mathematics, data science and business.
What do I need you to help with?

Sincerely, I need all the details to get started.
I'm so lost and confused and I need someone to just help me with how to start the process.
Cheapest school to choose, requirements to put together, necessary documentation for visa processing, fund requirement information etc.

I look forward to an helpful contribution.
Thank you and I wish everyone great success.

Congratulations on you first and thank you for being proactive.

While the ission session for fall 2019 just commenced or is about to commence for some schools, I think you are still in good shape to beat the general financial aid deadline of December 15th for most US schools.

The following components are considered for your application

1. Your undergraduate GPA
2. Your test scores
3. Your Letters of recommendation
4. Your essay or statement of purpose
5. Your work experience or research work
And six, your interview if you are invited for one.

So the only thing that stands in your way now is the test scores of which you need the GRE. Go to this thread and get all you need to ace the test https://nairaland.macsoftware.info/1832477/how-achieve-high-scores-gre

Once you are done. You can now face the application for ission in earnest. Before other contributors come, please make sure you get full scholarship as your first has already put you in good staed. Also, do not shy away from applying for a Phd as plenty money comes with most phd issions.

You must ace your GRE. PLEASE YOU DON'T HAVE TO PAY TO SCHOOL HERE IF YOU SUBMIT A STELLAR APPLICATION. We had our orientation today and I just noticed that almost all the international students got a GA and that is for an MBA with a STEM designation.
See this link for funding https://www.profellow.com/tips/fully-funded-phd-programs-in-mathematics/

See this one: https://www.baylor.edu/math/index.php?id=53575 Baylor will give you $22,500 per year after waiving your tuition with the promise to even earn more.

I have said it before, going to school for free should be your least worries if you can settle down and read. Many people are not aware of the power of the internet of information.

jmanity:


Why pay so much to write ICAN exams if you don't want the privileges that come with being a member? You should have gone for other professional exams since you know from the onset that you don't want to pay induction fee.

Oga, you're not getting my point.

There is no benefit that comes with an induction, it is all scam.

I only did ICAN because I am a graduate of ing. And no serious recruiter will turn you back because you have not done induction.

I guess you're just starting out, ICAN is only good for starters to show you're serious. Anything after that is what you can do.

What has ICAN helped you achieve that you wouldn't have achieved ordinarily.

Nigerian professional bodies are all fraud. If you're a candidate in the CFA program for example, you will not be required to pay annual dues like your professional bodies do in Nigeria.

You'll not understand what I'm saying because the system you have now is all that you know. I would argue the same way back in the day.

jmanity:


Just say you don't have the money because without induction you can't add the ACA title after your name, you don't have a hip number and you can't certify financial documents...you are still in the same status as a student member.

What does having the ACA title and a hip number add to your abilities.

And on certifying financial documents, Jim Obaze and his cronies ed the FRCN bill for the money. It is part of the fraud in the system in Nigeria. I was in charge of ing the bank I work for in 2012 and once I got to the FRCN, Jim was only interested in the cheque I brought and not the other requirements. And for your Info, I can certify documents because it is not only ICAN holders that can do that. By the FRCN bill, of other professional bodies that with can certify documents. My point is, FRCN itself is a fraud. There was absolutely no need for it and I wonder what the big four audit firms were doing to allow Jim Obaze get away with that fraud.

karferguso:

“However, note that you are not yet a member of the Institute until you go through the induction process.”

What benefits does being a member of the institute offer.

The toughest part of becoming a member of ICAN is ing the exam and after ing you are told you are not a member. You know why? They want to collect your money for induction.

I ed since November 2009 and have not and will not participate in any induction. Induction is a ceremony, it does not add any knowledge to you. I write graduate member on my CV and that is it. I once went for and interview at Financial derivatives and one those ICAN worshippers asked why I have not done induction, I told him straight up that industion is a ceremony and does not affect my capabilities and what I can deliver on the job.

What are the benefits of induction.
Just another way to rip you guys off.
The guys at ICAN are in it for the money and not professional development.

Ubah1:


There is no issues at POE. Just have your document (i20) handby and answer any questions asked. Most people don't spend more than one minute at POE

You don't mean it

The initial check or scanning of you port that is then transmitted to generate you I - 94, the let me see your I - 20, the do you have any meat item, the capturing of the face and then the stamping. All in one minute?

Don't forget that the CBP official would scrutinise your details to make sure you're stamped in appropriately, i.e a timeframe for visitors and D/S for students.

mayd16:


Non was a lie bro, i was close to been issued if i had told the vo i had a sis

How can you apply for a B1/B2 last year and still go ahead to say you don't have a sister in the US? When you tell them not to go close to the embassy or even fill out the DS160 without a strong reason they'll tell you you don't want them to progress.

You hired an agent and the application did not go through and you want to prove to him that you can do without him, now that you have failed you want to go back. Do you know that you're done? I am very sure the salary information on both DS160 would be different and many other things. You failed when you refused to work with the agent to get your previous details before filling the second DS160.

You have materially impaired your chances and it is now a tall order to get a US Visa.

Way forward: call the agent and have a meeting with him to compare both applications. Look at the discrepancies and evaluate your chances. Whatever the outcome of the meeting, be aware that you yourself have dealt your chances of securing a US Visa a great blow by that singular act of misrepresentation. It is has been recorded on your file.