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Why Nigerian Banks Ask for Proof of Address

Major fintechs, particularly Kuda, have been in the news recently for their address verification campaigns - basically asking their customers to upload their proof of address so that their address can be verified by verification agents. Reactions have been, well, varied, but if you’re one of the people wondering why Nigerian banks ask for proof of address when you’re opening an account or trying to make bigger transactions with your account, here’s what you need to know: 1. Following the Rules All banks (yes, all of them) in Nigeria have to follow the Central Bank of Nigeria’s regulations to make sure that bank accounts are not being used for illegal things like money laundering or funding terrorism. By asking for your proof of...

AI and Education: Transforming the Writing Process with Automated Essay Generation

In the realm of learning, the integration of Artificial Intelligence (AI) has led to transformative changes, revolutionizing traditional teaching methodologies. One area where AI has made significant strides is in the writing process, particularly with automated essay generation. This innovative technology has not only streamlined the writing process for students but has also provided educators with powerful tools to enhance learning outcomes. In this article, we delve into the impact of AI on learning and explore how automated essay generation is reshaping the writing landscape. The Role of AI in Learning AI has emerged as a game-changer in learning, offering personalized experiences, adaptive assessments, and intelligent tutoring systems. By harnessing machine learning algorithms and natural language processing capabilities, AI has the potential...
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Is Costway an Excellent Place to Buy Indoor Play Products for Kids?

The best thing about kids' indoor play equipment is that it may be delighted every season. When kids are outside, it doesn't take long for them to become fretful; now and again, it tends to be sensitive to keep the little kids engaged. What Is Costway? You might have caught wind of Costway during your search if you're hoping to purchase different items at a reasonable cost. Costway is an internet-based retailer that gladly promotes itself to be an organization that offers the product at a discounted cost. Costway reviews have a rating of 3 stars, showing that most customers are somewhat unhappy with...

How to Advertise your Side Hustle Professionally

There are many side hustles, for example, health coach, personal driver, writing, etc. It can be tough to balance your profession and the side hustle, especially in marketing a side gig. In the recent past, individuals who had a side hustle have had a rough time as they didn't know the better way to market their hustles. In this post are ways one can professionally advertise their side hustles. Come Up with a Website A website is one of the places you can market your side hustle and make it grow successfully. Today clients tend to look for products and services online;...

What Principles Underlie Trading?

Due to the large volume of transactions on the Forex market, many investors have decided to invest their personal funds in trading. There is no need to hope that in the first days, trading will be able to bring impressive amounts. It all depends on training, understanding the market, the ability to analyze the situation, and observing the news agenda of the world's major economies. However, forex trade in Nigeria can give novice investors the opportunity to multiply their savings and not think about employment. Trading Basics The trader earns on the price difference. It sounds simple, but the financial market includes...

What Exactly is Cloud? How Cloud Services Work?

Cloud services allow users not to think about the fact that they do not have enough disk space on a computer, smartphone, or tablet to store thousands of photos, or hundreds of videos. You do not have to store all this locally, but you can easily redirect everything to labs cloud. Moreover, it is easy to retrieve your data and files from the cloud. The latter is always available if the network is connected and accessible from anywhere in the world with the same speed. How does the Cloud Service Work? The essence of the cloud is not to install unnecessary programs...

IT Outsourcing Costs

Every company wants to save money in any way they can. IT outsourcing services to a Managed Service Provider (MSP) can significantly reduce the cost and time required for a large project for some. Others benefit from strategic technology expertise that their in-house team does not have access to. In some cases, it is simply because the internal IT team is overburdened and requires additional assistance. However, you should be aware that many factors influence IT outsourcing costs, which you should consider before deciding whether or not to outsource. Today, hundreds, if not thousands, of businesses around the world outsource software...

FreshForex Invites you to Become a Local Depositor and Start Earning right now

Local depositor service was introduced in FreshForex in 2020 and has been quite successful ever since. Having traders in countries such as RSA, Nigeria, Botswana, Malaysia, Indonesia and many others, this type of cooperation has become more than just an ordinary payment method, but a type of partnership with various possibilities and career prospects. Who is a Local depositor? Why do clients prefer Local depositor service? How do Local depositors earn in FreshForex? What’s the advantage of being a Local depositor of FreshForex? Who can become a Local depositor? How to become a...

A Step-by-Step Guide to Planning Your Startup’s First Explainer Video

So, you've recently launched a new company, and you're looking to overcome the two main challenges faced by most startups at the outset: generating brand awareness and engaging new consumers. Now, chances are that you know the answer to those challenges lies in top-notch content marketing, but marketing strategies are not all created equal! Fledgling companies need long-lived content that communicates crucial info while also getting people on board and excited about your new venture, and that’s exactly what animated explainer videos are for! The problem, though, is that startups have some specific content needs that should shape the way you develop...

Our Work-from-Anywhere Future

It's no secret that the pandemic has changed the way we work. With so many people now working remotely, we have started to see a future where people can work from anywhere they want. This is known as the work-from-anywhere future. There are many benefits to this future for both companies and individuals. This is the beginning of a new era in which work is no longer tied to a physical location. The future of work is now work-from-anywhere. Work-from-anywhere means workers can work from anywhere that has an internet connection. Personal technology and digital connectivity have advanced to the point...

How To Start and Run an Efficient Handyman Business

If you’re handy with tools and know a thing or two about fixing items around the house, you might consider starting a handyman business. “Handyman” is a term used to describe home improvement contractors who offer services to fix homes or other structures. The tips below (presented to you by NaijaTechGuide) can help you start and run your handyman business efficiently. How To Start a Handyman Business The first thing you should do is learn the legalities of doing handyman work. Search your state and local laws to see if you need a license. Find out which type of work needs a permit and...

Barcodes – Streamline your Inventory and Sales

Barcodes have become indispensable for any business, small or large. There are so many ways that they streamline inventory and sales and ensure that businesses run as smoothly and successfully as possible. Many new business owners are daunted by the prospect of taking a risk investing in codes. However, this initial investment will pay off in the long run.  Codes revolutionize how businesses are run and enhance a business’s professional reputation. Investing in barcodes is one of the best strategic decisions you can make to ensure that your business thrives in the competitive world of today. Get a barcode and see...

Registration is On for 9mobile’s Business Mentorship Program, The Hack

Leading innovative and youth-centric telecommunications company, 9mobile, invites entrepreneurs and Small and Medium Enterprises (SMEs) to participate in its newly launched enterprise mentorship program, 'The Hack'. This maiden edition is a one-day physical event that will be held in Lagos. on Friday, June 17th, at The Zone Tech, Gbagada, Lagos, by 10 am. The Hack is a business and networking mentorship program where seasoned mentors will share business ideas with participants and groom them to scale their businesses. The Hack aims to solve specific challenges that entrepreneurs face, with a broad focus on the limitless possibilities in the SME sector. The one-day boot camp...

What is the Future of IT Operations?

Organizations worldwide are focusing more on digital transformation.  But as we talk about digital transformation, it brings hybrid and multi-cloud infrastructure, which creates complexity for the organization. When discussing traditional IT management, it failed due to a lack of innovation and scope. As a result, artificial intelligence in IT operations (AIOps) steps in. AI has gained significant momentum in restructuring the whole IT ecosystem, and the results are pretty promising in transforming IT operations. Whether you need enhanced visibility or exceptional performance in your organization, AI helps achieve it with the perfect combination of algorithms and human intelligence. To integrate AI...

How Digital Lending has Changed over the Last Ten Years

Since the inception of technology all over the world, with the introduction of the internet, a lot of things have changed. Some years ago, the introduction of the internet also brought about the inception of digital lending. New techs have made it easier for people to borrow money and get loans, and the old way of borrowing was not so good for borrowers. In the last ten years, several lending institutions have introduced digital lending. However, what is digital lending all about? Digital lending is a form of lending that is done over the internet. It is a process where you...

5 Ways to Stand Out in the Workplace

If you’re new in the workplace, creating a place for yourself will help you to find your feet and progress. Every year, 11 million young people graduate from higher institutions of learning and only 3 million jobs are created, according to Junior Achievement Africa. As a new employee, aside from building your network, there are other factors that can distinguish you at the workplace. Here are five ways to strengthen your chances in the workplace and in a new job: 1. Build Up Your Confidence Having a good measure of confidence in your abilities can set you apart from others. When the...

Everything you Should Know About Lean Manufacturing

Lean manufacturing is an ideology-based production process that maximizes productivity while lowering waste in manufacturing operations. The lean principle states that waste does not add value to the final product. Lean manufacturing has many benefits, including reduced operation costs, lead times, and enhanced product quality. This production is based on a certain manufacturing principle that influences production systems globally. The main purpose of Lean production is to get rid of the waste while continually improving the process, delivering sustainable value to the client. Let us dive right into all you should know about the Lean Manufacturing Process. Why Lean Production is Essential Waste...

How Does BVN Work in Nigeria?

Protecting your finances is a real deal. Many people are out there to reap in places they haven't sown and steal your money. Even though many techniques exist to secure online deals, fraudsters still find a way to tamper with your transactions. To combat this problem, the Central Bank of Nigeria in conjunction with the Banker's Committee came up with a system called Bank Verification Number (BVN) in 2014. In this article, we would be discussing the meaning and importance of BVN, how the BVN works, how to register for BVN, common issues associated with BVN and their solutions, and frequently...

Choosing a Smartphone for Traders – Key Considerations

Different online brokers have different apps with varying degrees of sophistication and features. A reliable smartphone for online trading will be the one that can handle charts, your trading orders, allow you to view reports, without hanging or freezing, and has security features. Nigerian Stockbrokers such as Meristem Securities, Cardinalstone Securities, etc. all have their mobile first online trading platforms. Also popular forex brokers offer trading Apps like MetaTrader 4 & 5, which need a good smartphone to function well. If you have already bought a smartphone, and want to find out its specifications, check the settings to understand the specs of...

8 Best Indices Trading Strategies

If you are a novice trader, you may be wondering what indices are and how to trade them. Indices trading can be a great way to diversify your portfolio and potentially earn profits in any market condition. Indices trading reduces your risks by spreading your investments across many different securities. In this article, we will introduce you to the world of indices trading and share some of the best strategies for success. What is Indices Trading? Index trading is a very popular way to invest in the stock market. In index investing, you will buy and sell on an entire group of stocks...

What Exactly is Cloud?

Today, more and more technologies are moving to the cloud. After all, a cloud service like the labs cloud is not just a useful tool for storing data and computing, it helps companies adapt to changing, growing and dynamic changes. What is the difference between Cloud and Traditional Software? Software installed on a personal computer performs all operations on a personal computer. With cloud software, such as G-Core Labs, a data center outside of your organization does most of the work. You just see the results on your screen. Cloud computing is an online alternative to the processes that organizations typically perform on...

Top 3 Automotive Dividend Paying Stocks in 2022

Europe is the global leader in the automotive sector, owing primarily to major automakers in the region. Furthermore, the presence of significant auto components and solution providers in the region contributes to the industry's growth. Government grants, subsidies, incentives, and new technological options are all beneficial to the automobile sector in this region. Germany, the United Kingdom, France, and Italy are among the countries that have had a significant impact on the growth of the automobile sector in the region. The increasing purchasing power of consumers and increased expenditure on luxury automobiles are driving the rise of the regional market. Also...

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