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Investment / Re: Treasury Bills In Nigeria by Cyberknight: 5:58pm On Sep 11, 2020 |
Lazyyouth4u: The current government is generally economically illiterate with its policies, but its removal of electricity subsidies is the right thing to do in these circumstances with the caveats that they ensure the DISCOS roll out meters so people are only charged for what they actually consume and that the DISCOs make the required investments in their networks so they stop rejecting what little power the country is able to generate. 6 Likes |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 10:29am On Sep 11, 2020 |
Lazyyouth4u: Need I? You made an assertion here and I'm trying to learn. I assumed you had the information. Or don't you? 3 Likes |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 10:19am On Sep 11, 2020 |
Lazyyouth4u: Such as whom, pray tell? 3 Likes |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 9:59am On Sep 11, 2020 |
DexterousOne: No government official in Nigeria is independent o, no matter what the law says. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 7:56am On Sep 11, 2020 |
Lazyyouth4u: Oh, there very well might be. Like I said, with the blockheads at Goldman Sachs busy talking down the naira exchange rate in the near term (12 month outlook) and fanning the flames of devaluation, with the proven difficulty Nigeria might have in funding forex obligations as external reserves drop and with Moody's having changed its rating to negative for long-term debt and other rating agencies threatening to follow suit, it would take a foreign portfolio investor with nerves of steel to take a one year bet on Nigeria. 1 Like 1 Share |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 8:22pm On Sep 10, 2020 |
ahiboilandgas: At 17%, the risk involved in investing in a frontier market like Nigeria was worth it. At 3. whatever% it is now, and with CBN's last 5-month delay in providing FPIs foreign exchange, no sane investor from abroad would consider investing any significant amount, let alone the equivalent of 1 billion naira. Their shareholders/investees would have them shot. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 7:48pm On Sep 10, 2020 |
emmanuelewumi: No matter how lazy one is, if you give them a bill of 20k USD for such a service, they will discover the virtues of hard work by force. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 7:47pm On Sep 10, 2020 |
emmanuelewumi: Of course. I'm just agreeing with the previous poster that any transaction wherein "fees" of such an amount are sought to "arrange" a scholarship is objectively unlikely to be legit. 2 Likes |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 7:43pm On Sep 10, 2020 |
emmanuelewumi: How much then is the value of the scholarship? If these are "fees", then I am the president of Nigeria. 13 Likes |
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 4 by Cyberknight: 6:46am On Sep 10, 2020 |
justwise: It could have been an honest mistake, not understanding how to fill the form when it came to information concerning dependants, especially if she wasn't intending to travel with them at the time. If I remember clearly (I stand to be corrected) the form is not quite straightforward when it comes to that part, it doesn't ask outrightly if you have children, it asks if you have dependants for whom you are financially responsible. The term "dependant" is confusing as used in UK Tier 4 visas, because many people are used to its normal definition of "someone who is financially dependent on you" while the UK visa system uses it to mean nuclear family member such as partner or children, irrespective of whether they are strictly financially dependent on you or not. It's a common mistake, my cousin was very confused on this issue and called me for clarification, because she'd left her job at the time she was applying for a Tier 4 visa as the main applicant, and was officially a housewife not earning money so not strictly financially responsible for her children (her husband sponsored the course and provided the account statements used for the children when they all eventually applied) and didn't understand how to truthfully fill in that section. In a previous visit visa application for the UK, which was successful, she had stated her financial circumstances, so she was wondering whether she would be misrepresenting the situation if she then stated she had "financially-dependent dependants" in her Tier 4 visa application. If the form had directly asked if one has children, the issue would naturally not have arisen. The OP could have fallen into the same error. 8 Likes |
Travel / Re: General UK Visa Enquiries - Part 4 by Cyberknight: 6:26am On Sep 09, 2020 |
HRprof: Travel insurance isn't required for UK visa applications, the way it is for Schengen visa applications. |
Travel / Re: General UK Visa Enquiries - Part 4 by Cyberknight: 11:54am On Sep 08, 2020 |
kcfastshooter: Surely the appropriate source to provide such information would be the airline itself? |
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 4 by Cyberknight: 9:58am On Sep 08, 2020 |
Hubbysluv: You will have stated your previous travel where the form asked for it, so omitting to upload previous visas won't count against you. In any event, there's nothing you can do about it now, so just remain positive. |
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 4 by Cyberknight: 9:07pm On Sep 07, 2020 |
damilarez: You can, and in your shoes that's what I would do instead of going to deal with that madhouse on Northumberland Avenue. It's easier to renew the passport in Nigeria. |
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 4 by Cyberknight: 6:39pm On Sep 07, 2020 |
SamUchechi4: https://nigeria.blsspainvisa.com/ |
Travel / Re: General UK Visa Enquiries - Part 4 by Cyberknight: 6:11pm On Sep 07, 2020 |
ashieduplus: If you come in through the border posts, yes. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 4:11pm On Sep 07, 2020 |
DInkMan: And inflation is at over 12%. 3 Likes |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 3:36pm On Sep 07, 2020 |
ATPx: Lol. I don't necessarily believe the guy's story, sounds a bit fantastic to me, but in Nigeria what is officially stated, on websites or elsewhere, and what actually happens are sometimes two different things. 9 Likes |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 8:53am On Sep 07, 2020 |
Stocktrader: Lol. Na the CBN dey set MPR, which is now high because of its anti-inflation stance. The banks take their cue therefrom. It's all basically rubbish because at such lousy interest rates, lending is bound to be depressed. It's the lousy charges the banks stuff into their loans that are truly mind-boggling. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 8:41am On Sep 07, 2020 |
Stocktrader: In Nigeria, its not a bad business per se, but inflation at above 12% has eaten up the profit, is what the previous poster was trying to say. If the funds were borrowed from a bank at current interest rates, it's a loss. 4 Likes |
Travel / Re: General UK Visa Enquiries - Part 4 by Cyberknight: 8:36am On Sep 07, 2020 |
Elevation77: No they don't need that. You will have to provide clear colour A4 copies of the documents you want them to upload for you if they are not already in that format. |
Travel / Re: General UK Visa Enquiries - Part 4 by Cyberknight: 8:35am On Sep 07, 2020 |
Ibyfaith: If you're traveling to the UK for less than 14 days, you will have to self-isolate for the whole of your stay. So you will have to plan a 22 day trip in your case. Remember you will have to justify that length of time as always (work commitments, possible leave duration, accommodation costs, etc.) |
Travel / Re: General UK Visa Enquiries - Part 4 by Cyberknight: 8:30am On Sep 07, 2020 |
famzynet: Turkish Airlines does not require a Covid certificate, according to their website. https://www.turkishairlines.com/en-int/announcements/coronavirus-outbreak/what-you-should-know-during-the-pandemic/ |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 7:47am On Sep 07, 2020 |
emmanuelewumi: African airlines are generally not profitable true, but many foreign ones are, or rather were pre-pandemic. Delta, Ryanair, Easyjet included. Of course the pandemic has affected their businesses, just like it has affected hospitality, tourism and other sectors, but it will bounce back, the question is just when. That's why Buffet sold his airline stock. He was previously heavily invested in airlines. Not all of them live off government subsidies. The really subsidised entities are actually the major aircraft manufacturers, Boeing and Airbus. Secondly, Nigerian banks are not really profitable entities, they just deduct charges from customers accounts and recycle the whole thing and do very little actual banking. 2 Likes |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 2:45pm On Sep 06, 2020 |
emmanuelewumi: Titling, titling, titling. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 1:38pm On Sep 06, 2020 |
emmanuelewumi: Same old sad and heartbreaking problem of the near-impossible leveragability of land due to our policymakers' incompetence. 1 Like |
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 4 by Cyberknight: 8:10pm On Sep 05, 2020 |
mattfeuter: A lot of Brits would disagree very strongly and very profanely with you there. 2 Likes |
Travel / Re: Uk Student Visa/tier 4 Pbs - Your Questions Answered Part 4 by Cyberknight: 6:39pm On Sep 05, 2020 |
The ferry to Dublin goes from somewhere in Wales. 3 hours or so. There's a combined train and ferry ticket you can buy. Or could. Dublin is a lovely place, but quite expensive. And you definitely need an Irish visa, the Common Travel Area is only for UK and Irish citizens and a few citizens of other countries holding visas- China and India, I think. As always, anytime any exemption is given to anything Nigeria no follow. 1 Like |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 6:32pm On Sep 05, 2020 |
ahiboilandgas: Exactly. I think their number should be slashed. They're too many. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 6:29pm On Sep 05, 2020 |
SamReinvented: I don't think it will take another 4 to 5 years for the naira to feel more heat. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 6:23pm On Sep 05, 2020 |
ahiboilandgas: Lol, this number is crazy. Which forex are they exchanging? Kenya has about 80 forex bureaus, Nigeria 5,000. For retail customers o. |
Investment / Re: Treasury Bills In Nigeria by Cyberknight: 6:13pm On Sep 05, 2020 |
Of course CBN sees high-profile cash movements. And CBN also sees what it wants to see. This is Nigeria and many are above the law. Also 2 elections are coming. Forex is needed. 1 Like |
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