Opeyemi Quadri Foreign currency inward transfer commonly referred to as FX inflow is foreign currencies sent from another country to the other e.g. money sent from the United Kingdom to the United States. For an individual, it is a currency sent from another country to the domiciliary account of a recipient in another country. The most popular currencies … Read more
Takeaways: USD/NGN exchange on GTB FX sales was $/N1,130 on Tuesday, April 16, 2024, as the Naira continued to rebound both at the parallel market and on NFEM. The bank uses the prevailing exchange rate on the Nigerian Foreign Exchange Market (NFEM). This means dom account holders can sell their foreign earnings to the bank … Read more
Imagine you have a son named Johnson who is just 4 years old and you want to start saving money for his future college education. That’s where a 529 Plan comes in. What is 529 Plan? 529 plan is a ‘start-early’ type of savings investment account that is specifically designed to be used for college … Read more
UPDATE: The Central Bank of Nigeria has cancelled I & E window after the unification of all the exchange rate windows. It is now known as Nigerian Foreign Exchange Market (NFEM). The latest development followed the decision of Nigeria’s apex bank to abolish multiple exchange rates into the I&E FX Window on Wednesday, June 14, 2023. … Read more
Domiciliary account holders can now convert their dollars to Naira instantly on GTBank internet banking platform. In a message sent to infomediang.com Monday, June 26, 2023, Guaranty Trust Holding Company Plc (GTCO Plc) said: “You can now convert US dollars in your GTbank domiciliary account to naira directly on our platform. It’s instant as a regular … Read more
Enugu State has no uranium as claimed by one Uchenna S Osuchukwu on Twitter on March 19, 2022, about the discovery of uranium in the “Coal City State”. Although, there are many other mineral resources that are in commercial quantities spread across the state. Tweeting at @Uchez2 without providing evidence like the name of the … Read more
Different sources including the former governor Sam Egwu confirmed that there is a large deposit of crude oil in Ebonyi state, but it has not gotten the attention of the NNPC. Specifically, crude oil can be found in Edda in Afikpo South Local Government Area of Ebonyi State. Where can crude oil be found in … Read more
There are 31 NIN registration centres spread across major Canadian cities for Nigerians in the diaspora to enrol for National Identification Number. The centres are located in 15 cities across the country. These centres can also handle issues that are related to the correction of name, phone number or any other modifications to your NIN data. … Read more
The Nigerian National Petroleum Corporation (NNPC), now known as Nigerian National Petroleum Company (NNPC) Limited, has had 20 Group Managing Directors (GMD) since its formation in 1977. The formation of NNPC is linked to the discovery of oil in commercial quantity in 1956 at Oloibiri, present-day Bayelsa State. The head of NNPC Limited is now … Read more
ChatGPT can be used to perform a wide range of tasks. The chatbot is an AI-powered assistant and its output isn’t error-free, but its ingenuity has been praised across all sectors and has made life easier for content creators. About ChatGPT After its launch in November 2022, the OpenAI-powered chatbot ChatGPT has become popular among content … Read more
Profits from cryptocurrency trading are now taxable in Nigeria following the enactment of the 2023 Finance Act on May 28, 2023, signed into law by former President Muhammadu Buhari. Although the law was signed later, it became effective on May 1, 2023. How Much Is Taxable on Crypto Gains in Nigeria? Under the 2023 Finance … Read more
If you’re an aspiring business owner and all you’ve been reading about ChatGPT is how content creators are using it as a writing assist, the tool isn’t only designed for content writers. If you don’t have the financial capacity to subscribe to the premium version, don’t worry, you can use the free version to generate … Read more
ChatGPT is a combination of the word, chat and the acronym GPT which means Generative Pre-trained Transformer. In this case, chat refers to chatbot while GPT is a type of large language model (LLM). It is powered by an Artificial Intelligence (AI) tool that was developed by OpenAI. Combining the power of chatbots and language … Read more
The capacity of artificial intelligence is not overrated, it is real, going by the increasing number of businesses that have deployed the use of AI to improve productivity. According to a report, 61% of firms use AI to optimize emails while at least 55% use the same tool for personalized services. Additionally, a Forbes Advisor … Read more
Do you know that you can use ChatGPT to start a blog? I mean using the AI tool to plan a blog from scratch. You can use prompts (instructions) to get the best suggestions from the OpenAI-powered tool. Not only that, you can command it to go micro in the niche you’re planning to start, … Read more