@all,

Isn't 120 pounds outrageous though?

I need to obtain the police clearance too but 120 quid is a little steep.

Any other way I could go about this?

therealchase:



I got it at alagbon in ikoyi. It was #5,500 actually.

@therealchase, Did you just go there with the documents (forms and passport) and applied for it? Also, how long did it take from application to issuance? Thanks.

Investnow2017:


Oh thanks. I mean your computation of True Yield. In a case where you invest in Tbills principal+interest for 364 days. In this case you intend to get the yields at maturoty. How is it computed?

This has already been answered by awesomeJ. See this part of his post:

awesomeJ:


for this reinvesting upfront interest calculation, you get the value of your returns by using the true yield. if d is the prorated discount rate in %, then %yield y=(100d)/(100-d). so a discount rate of 18.5% has true yield as 1850/81.5=22.7%

Pretty simple. y= true yield (that is the total percent you earn on your capital if you choose to reinvest the upfront interests as well) and d=the initial (in technical term, discounted) rate. Substitute in the above equation and there you go.

Investnow2017:


Thanks so much for your analysis. Please can you break it down more, perhaps in a simpler form.

Pretty simple. As a simple example:

Let's assume you got USD 30,000 as a loan. When you convert it at the current exchange rate of 360 you get 10.8 million naira. You now invest the 11 million in T-Bills at 18%. (0.18*10,800,000) this will give you 12.98 million upon maturity (including your initial capital). Now assume the exchange rate is 500 naira to a dollar at maturity (which was the lowest naira value a while back). Divide 12.74 by 500 and you get about USD 25,500 which means in effect you have lost over USD 4000 due to the fluctuating FX.

This of course a simplified explanation but you get the gist I hope.

BraniacX:

I have, it shows dragonstone as an island at the entrance to the straits we call the sea of dorne and in the war amongst the living, how can it be more important than harrenhall in the bid to win control over westeros militarily?

Not accurate. Dragonstone is the island that connects the Blackwater Bay to the Narrow Sea.

HyDef:

Harrenhal is much more vital. Dragonstone is detached, that's why Stannis was chilling there while people were fighting on the mainland. I don't see how holding Dragonstone gives anyone a military advantage over someone holding Harrenhal.

Because during peace and war, a deep sea port confers enormous advantage to Dragonstone. Since it is the primary link to Kings Landing via the Blackwater. You can imagine its importance to the trade and logistics of the capital. Even Ser Jaime said as much in the last episode that Dragonstone is the only logical place for Dany's armada to land because of the port (and not because it's Dany's ancestral home as someone purported here)

BraniacX:

What in the seven hells makes dragonstone more important than harrenhall?

Look at the map of Westeros again. Therein lies your answer.

Gbola5:


For Stannis's memory till someone else comes to claim it, by force or by reasoning. The reason for this arguement is that Dany just strolls into Dragonstone. Dragonstone is a strong castle, and shouldn't be left unmanned. They could atleast show us people in Dragonstone ushering Dany in, since Stannis is dead.

I have tried, albeit unsuccessfully, to make the same point. Perhaps, you'll be luckier.

A case in point is Harrenhal. In season 2, we saw that when Gregor Clegane arrived, he was putting the people that held the castle (including the household staff and bandits the rounded up on the road) to the sword until Lord Tywin arrived and asked him to put the able bodied men to use not to the sword. Now the question is: If a sh*thole like Harrenhal was being guarded (and we don't for whom, like everyone is asking in case of Dragonstone), then it makes no sense that a more important Dragonstone would be left fallow.

kay9:


Yeah.... i actually think we know something you don't.

Teach me Oh wise one.

Actually, just to play the devil's advocate here. We all take it as a given that Rhaegar is Jon's dad but the show hasn't explicitly stated it to be so. All we know with certainty is that Lyanna is Jon's mum.

Sultan5:


I believe Stannis wanted to set up shop north so there wasn't really any reason to leave a garrison at dragonstone since he needed every man he could spare. He didn't plan on returning there for a while so I see no reason to protect it and it didn't seem anyone else was particularly interested in taking it.

Well, there is a thing in war they call "tactical retreat" and Dragonstone was the place for Stannis. He also went into Battle of the Blackwater almost certain of victory but when he lost where did he retreated to to re-strategise? As I already mentioned, Stannis is one of the finest commanders in the Kingdom. If he didn't make that mistake during the battle of blackwater (which he was more confident of winning), why would he later (when he was even less confident)?

@Gbola5, thanks for the correction. No horn whatsoever (either Dragonbinder or Joramun's) was mentioned on the show. We only know that there was a horn along with the dragonglass found at the Frostfangs.

dubylhover:


that's the thing about people like him with that kind of character...they always seem unserious and dumb,but its why people underestimate them thinking they are no threats...
see how from exile,he picked the perfect time to come back,even when Jamie criticised him for running away,he retorted by using humour and saying its what ser in motion for his exile and return...

just don't underestimate euron..
and yes I fvcking hope is that dragon horn
I'm certainly not a fan of daenerys

Nicolars:
Not really feeling this euron character though as a bad guy


But I'm honestly scared about his gift to cercie..... Don't wonna believe the rumour about the dragon horn

Forgive my ignorance but do you guys know something we don't? As far as I'm aware, there is no "Dragon horn". If you are talking about the horn of Joramun (the one Mance Rayder had), There is no connection between that horn (which admittedly has magical properties) and dragons.

gj22:


Which one of stannis men? The ones that deserted him?

Have you been following GOT subtleties at all? Just to recap. Most of loyal Stannis' soldiers perished at the Blackwater. Majority of the forces he went up north with are sellswords (bought after Ser Davos got that loan from the Iron Bank of Braavos). You've been saying his men deserted him which is not 'totally' true. The sellsword part of his force deserted him (surprised? not really. That what sellswords do). To further illustrate the point. Go and watch the scene of the fight between Stannis and Ramsey again, you'd see clearly he had more than a thousand men in that fight (which happened after the desertion).

So yes. I still believe a war strategist like Stannis (reputed to be one of the finest commanders in Westeros) wouldn't have left Dragonstone unammned.

Gbola5:


No Castle is ever vacant though, unless in ruins. Stannis would have had to leave a garrison behind, in case he had to fall back.

Exactly my thought. It would have made more sense to show a handful of men Stannis left to man the castle (captured and imprisoned by Dany's soldiers prior to her arrival). Considering the importance of Dragonstone to Kings landing (via the Blackwater), it makes no sense that it was empty.

Fair enough. But you should be aware that banks aren't set up to live on fixed deposit. The primary function of commercial banks is to be lenders to real sectors (such as manufacturing) and in the process stimulating economic growth and development. However, Nigerian banks over the years have lost sight of the goals and are interested in easy money without doing any creative thinking. Well, the problem is not making easy money but they want to make the money at the expense of the Nigerian public who themselves also want easy money.

I have no pity for any Nigerian bank. They got themselves there.

alezzy13:


Fixed deposit have been condemned and demonized on this thread, and I dont think its fair. Banks need money to survive and pay their workers.

If everyone stopped maintaining fixed deposits what would happen to banks? I'm not sure we want to see another round of retrenchment into the already supersaturated labour market.

My sister used to work for one these banks, and I know the kind of intense pressure they face to meet their targets.

BTW wouldn't consider myself a guru, just an opinion based on my understanding.

ahibshaf:
Good day folks. Please I'd need the help of someone residing in Switzerland to help process my application to study Energy Systems Engineering (BSc) at Lucern University of Applie Sciences. You can email me at ahmad.shaff10@gmail.com
Your help will be much appreciated

What do you need help with? I don't get the e-mail contact thing, I thought the idea of the thread is to guide people through a "do-it-yourself" process so everyone can benefit.

Thanks naptu. Can't believe the great Arthur Ashe once played in Lagos. I wish Nigeria has at least an ATP 250 event but unfortunately tennis is practically non-existent in the country.

zamirikpo:
The only risk involved with this treasury bills is that of the Dis-integration of NIGERIA, today's sit -at-home order by IPOB and MASSOB was so successful, i then begin to wonder........how much longer does Nigeria have.


pls my investor friends,lets shade more light on this issue, to me Nigeria is a company i have vested interest in, i wouldnt want it to dis-integrate for any reason. I have heard talks on referendum, restructuring etc...........lets keep ourselves informed about the health of this entity called Nigeria.
As of today, i dont have a kobo in any bank.......once i can save up to a million,it goes into TB, come to think of it, am sure having money in any commercial bank isnt safe either, because u cant access it if anything happens to Nigeria.


So for those who have privileged info. pls enlighten us.

If Nigeria should cease to exist (which will be violently judging by the Biafra development), your treasury bill investment will be the very least of your worries.

Gbola5:


Well I guess so. Well just have to wait to see. If you could place a number on the Lannister army though, what would it be ?

Working solely on the numbers mentioned on the show (whether explicitly or implied), Here is my best recollection and attempt at putting a number on the Lannister force:

Tywin took inventory after he arrived at Harrenhal (after the scene he berated the mountain for hanging people for amusement instead of putting them to work, which is by the way how Arya got to be serving in the kitchen, way back in season 2) and estimated his army to be 20k strong. Since he didn't incur any loss before his arrival at Kings landing. I'd say he arrived Kings landing with 20k strong army.

Tywin's role in the battle of the Blackwater was mostly a mop up exercise considering wildfire already did most of the damage to Stannis' army and Tyrion depleted it even further with King's guard and Kings Landing soldiers. So I'm estimating Tywin lost 1-2k max leaving the strangth at 18k.

Jaime took 8k to Riverrun and since he took Riverrun without bloodshed I'm estimating he returns with the same.

Thus, I'll say Cersei has 18-20k strong Lannister army at her disposal plus whatever is left of the Kings (or Queens) guard now.

What's your own estimate?

kay9:


Exactly.

One thing the books have taught me is that no one is all good or all bad... everything and everyone is in shades of grey. Ser Barristan's account paints Rhaegar in a very positive light but I always take that story with a pinch of salt, because I feel GRRM (the author) was deliberately mocking the fantasy trope of "the wonderful, charming prince". If Rhaegar was such a wonderful and considerate man, why would he publicly scorn his wife, shame and insult the combined Houses of Baratheon, Martell, and Stark, and crown another man's betrothed as Queen of Love and beauty? Whatever reasons he had, was that the best place and way to show it? And please no one should gimme that lame excuse of love - only dewey-eyed little girls believe that.

Well..... That escalated quickly.

Gbola5:


Then why did Olenna decide to support Dany.

That has nothing to do with the strength or otherwise of the Lannister forces. As the Queen of thorns remarked herself "Cersei took the future from me". It is not survival she seeks but vengeance (S06E9&10). A clear case of "the enemy of my enemy is my friend"

There are no Lannister forces or little enough to desert Cersei.

Like I mentioned earlier, she has the remnant of the force that took the Riverrun for the Freys plus the Kings guard. That's not nothing.

Cersei's army 'shouldn't' stand a chance against Dany's.

On this we agree and the show hasn't proven au contraire yet.

^^I get your point (but that's because I have also read the books).

As per the show, Only Cersei and Qyburn (plus the audience of course) know what really happened at the Sept of Baelor. The rest of the noble lords and citizens can only guess without any shred of evidence. Thus, I see no reason why the Lannister forces should dessert Cersei at this point.

Also, while I agree with you that the Lannister forces must have been very depleted owing to several losses the suffered (Robb, BWB, Riverlands and so on) the show massively downplayed these losses and I recall Tywin remarking that only the Tyrell forces could rival the Lannisters. So I believe Cersei having the Lannister forces doesn't sound so outrageous (and is perhaps even more consistent with show so far).

Investnow2017:
Interesting. Stanbic IBTC gave what I would call an impressive 17.7% on a 364day tenor on Treasury Bill. I think one other interesting dimension is that once discounted, the rate holds true for the bargain. Another reason why TB is safe and predictable

Considering the last CBN stop rate for that tenor was 18.7%, it is not that impressive.

kay9:


Nope! Not in the least. I'll be the first to sing what an outstanding job the show producers have done - casting, production sets, effects - best I've seen on the small screen. But look what happened as soon as the source material got exhausted, huge plot holes started yawning everywhere. Mind you, all that still doesn't even slightly diminish my excitement for season 7, plot holes and all... but i honestly hate to imagine what will happen with a spin-off.

While I share most of your sentiments, I'd be interested in getting deeper insights into Aegon's conquest of the seven kingdoms, old Valyria, Aerys (mad kings) rule, and the most important of all what Podrick Payne did to Littlefingers whores that made him a sexual legend in Kings Landing (for educational purpose of course ).

Gbola5:


-Dragonstone is a lot different than when Stannis was there though. They didn't need to change it.
-See that's the problem, Cersei shouldn't have any forces.
-A theory in the books is that Euron will bring about a battle of blood (there's the battle of ice, and the battle of slaver's bay), he will raise kraken's from the sea by luring them out with blood, he plans to dye the sea red. Have you read The Forsaken chapter ?

How so? Jaime completed his Riverun Expedition and has returned to Kings Landing. At the very least, Cersei should have the Lannister force behind her (plus the Kings guard or "queens guard" seeing she now sits the iron throne).

RealityShot:

lol.. The 13% in primary market is per annum thats 3.25% in 90days

the 17% in MMF is also per annum thats 4.25% in 90days..

see the difference now?

Your initial post that I responded to made it sound like TB bills tenor is rated annually while MMF is given at the indicated value (i.e. you get 17% after 3 months) hence my comment that "MMF is also calculated per annum".

RealityShot:

most mutual funds are paying 17% rates and they pay every 3months

so if you put 200k in an MMF it will pay at 17% rates after 91days not 13% as in primary market.

Wrong. MMF is also rated per annum

Luce:
Good day, please I have a friend that wants to apply to USI but they want to him to pay an application fee via transfer.. please does anybody have any idea how to do this? First bank said they can't transfer Swiss francs via western union or something. Please help out thanks.

Your alternative option would be to transfer the dollar/euro equivalent to someone you know in Switzerland and he/she would pay the fee via the Swiss post.

What do you need to know?

Frakata01:
Am also considering University of Lugano, Switzerland. How is life there as a student and the chances of survival in the street after school

I don't know much about USI so I can't offer any perpesctive on that. One thing I'll tell you though is that Switzerland is quite expensive whether Zurich or Bellinzona, better keep that in mind.

Frakata01:
I want to sponsor myself Zurich or Geneva university. Please how do i need to have in my account after paying for tuition

To obtain a student visa, you must show that you have at least CHF 21,000 in your account. Honestly, you have a long way to go yet. When you get to that stage, the University will send you all the requisite information.

Good luck.

Frakata01:
Please how is life in Zurich as a student

Well, Zurich is a very expensive city with rents going for at least CHF 600 in the central zone. However, you might get one of the students apartments if you are lucky ( but first you have to be admitted to a programme to qualify). Also, your chance of "hustling" (in the Nigerian sense) is very limited except of course you speak German which boosts your chances tremendously. On the flip side, Zurich is a very clean and efficient city so you'll be getting your money's worth. I'm assuming you are looking at ETH Zurich. It's an excellent school which is consistently ranked in the top 10 in the world and I recommend it.

Good luck with your application.

And I'm here wondering what the heck is an "oil magnet"

I'm not particularly aware of any CGPA criterion for gaining admission to any Swiss university. I guess you should check the website of the school of your choice.

Good luck