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Nigerians be warned as NAFDAC declares popular market hub of fake drinks
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Nigerians be warned as – Nigerians be warned as…
Nigerians be warned as – The National Agency for…
The National Agency for Food and Drug Administration and Control (NAFDAC) has declared Eziukwu Market, popularly known as Cemetery Market in Aba, Abia State, a hub for the production and distribution of fake and substandard drinks and beverages.
During a raid on Tuesday, December 17, Mr Martins Iluyomade, Director of NAFDAC’s South-East Zone, described the illegal activities in the market as “weapons of mass destruction.”
He lamented the persistence of these operations despite a major crackdown in December 2023.
“It is baffling that individuals remain recalcitrant and determined to make money at the expense of the lives of their fellow citizens,” Iluyomade stated.
He added that market leaders, who previously signed an undertaking with NAFDAC to identify and expose perpetrators, “now have serious questions to answer.”
The raid uncovered a shocking variety of fake and adulterated products, including wines, whiskey, yogurt, carbonated drinks, dry gin, chips, and other beverages. These items were either produced in unsanitary conditions or re-labelled with new dates after expiration.
Iluyomade expressed deep concern over the volume of expired products being re-validated and warned consumers to be vigilant about the items they purchase.
“Consumers must remain cautious to avoid endangering their health,” he advised.
The agency affirmed its commitment to revisiting agreements with the market’s leadership to curb the illegal trade and protect public health.
This operation highlights NAFDAC’s ongoing fight against counterfeit products and serves as a warning to those engaging in such activities.
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The rise of powerful AI is reshaping the landscape of digital organizations, bringing unprecedented prospects for efficiency, innovation, and profitability. Businesses looking to prosper in this cutthroat market must grasp how to make the most of AI bots as more and more industries adopt these technologies.
Specifically, AI trading bots are a game-changing innovation in the finance industry that allows businesses to maximize profits and optimize trading methods. This essay looks at how companies might use AI trading bots, in particular, to take advantage of breakthrough AI technology to increase revenue and spur expansion.
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AI bots like Atom Capital are particularly good at handling and evaluating big datasets. They can spot patterns and irregularities that human analysts would miss. By using these insights, companies may more rapidly and effectively respond to client requests and market changes by making data-driven decisions. Retail companies, for instance, can use AI bots to better manage inventory and study customer behavior, which will save costs and boost sales.
An Introduction to AI Trading Bots
As a direct result of advances in AI technology, the financial sector has seen the rise of AI trading bots. These bots autonomously manage portfolios, conduct trades, and analyze market data. AI trading bots like Atom Capital can optimize trading tactics based on past data and adjust to market volatility by utilizing machine learning algorithms.
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Data-Based Decision Making
Complex algorithms that examine current market circumstances, past trends, and other pertinent data are used to create AI trading bots. Businesses can increase their chances of success by making well-informed trading decisions by utilizing this information. Reducing emotional biases that might impair judgment through the use of AI in trading also results in better logical investment methods.
Maximizing Profits with AI Trading Bots
Businesses need to implement particular tactics that increase their profitability if they want to fully utilize the potential of AI trading bots like Atom Capital. Here are some essential strategies to use these cutting-edge instruments to optimize profitability.
Improve Your Trading Methods
Based on the information produced by AI trading bots, businesses should constantly improve their trading tactics. They can enhance trading results by looking at historical performance and making adjustments to algorithms. Conducting routine backtests of methods using historical data can yield important insights regarding possible modifications.
Investment Portfolio Diversification
AI trading bots like Atom Capital can efficiently diversify investment portfolios for corporations by managing many assets at once. Businesses can lessen the impact of market volatility on their overall performance by diversifying their risk across a range of assets. This diversification approach raises the probability of yielding steady-state returns.
Put Risk Management Procedures into Practice
With AI trading bots, maximizing earnings requires effective risk management. To reduce possible losses, businesses should use stop-loss orders and clearly defined risk boundaries. Artificial intelligence (AI) bots can constantly analyze market circumstances and modify trading tactics to keep risks within reasonable bounds.
How to Register on an AI Trading Bot System?
With AI trading bots, getting started is a simple procedure. Here’s how to sign up for an AI trading bot platform step-by-step.
1. Select a Reputable Source
Investigate other AI trading bot systems first. To choose a reliable supplier, check customer reviews, performance data, and ratings. Popular platforms frequently contain features like intuitive user interfaces, solid safety features, and advanced analytical capabilities.
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After deciding on a platform, go to its website and register for an account. Giving basic personal information like your name, phone number, and email address is usually required for this. To safeguard your account, choose a strong password.
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To abide by regulations, the majority of trading platforms demand identification verification. Get ready to upload proof of identity documents, like a driver’s license or passport, and maybe a utility bill to confirm your address.
4. Add Money to Your Account
You will need to deposit into your trading account after verification. The majority of platforms include a range of payment methods, such as credit cards and bank transfers. To fund your account, make sure you are aware of the minimum deposit requirements.
5. Configure Your Bot for Trading
Once the account is funded, go to the trading bot part of the platform. The majority of platforms offer simple-to-follow setup instructions for your bot. Depending on your investing objectives and risk tolerance, you can select from pre-built methods or create your own.
6. Examine and Modify
You should always keep an eye on your AI trading bot’s performance after it has been launched. Examine trading performance and tweak your tactics as necessary to maximize your gains. You can easily monitor your bot’s performance thanks to the real-time reporting and analytics options that many platforms offer.
Real Benefits of Advanced AI for Bigger Revenues
Advanced AI has several advantages for tech companies beyond trading. Businesses that incorporate AI into their operations stand to gain significantly from increased income in several ways.
Improved Client Relationship
AI-powered technologies can analyze client data and offer individualized services. AI can be used by businesses to enhance customer service, optimize marketing efforts, and make product recommendations. Through customized experiences, businesses may boost consumer happiness and encourage recurring business.
Enhanced Efficiency in Operations
AI automation lowers operating expenses by optimizing workflows and reducing mistakes. Companies can improve resource allocation, cut down on production downtime, and optimize supply chain management. Higher profit margins and cost reductions are the results of this efficiency.
Analytics for Predictive
New Product Development and Innovation
Conclusion
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Nigeria becomes first African nation to resume diplomatic presence in North Korea
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13 hours agoon
December 17, 2024By
JohnNigeria becomes first African – Nigeria becomes first African…
Nigeria becomes first African – Nigeria is set to…
Nigeria is set to reopen its embassy in North Korea, four years after its closure during the COVID-19 outbreak, becoming the first African nation to resume diplomatic activities in the reclusive country.
The announcement was made by Nigeria’s Charge d’Affaires to North Korea, Patrick Imologhome, during a meeting with Russian Ambassador to North Korea, Alexandr Matsegora, last Wednesday in Pyongyang. The Russian Embassy in Pyongyang confirmed the development on its official Facebook account.
“Patrick Imologhome, who recently arrived in North Korea, shared his plans to reopen the Nigerian Embassy in Pyongyang after years of suspended operations,” the Russian Embassy’s statement read.
Nigeria’s embassy was shut down during the early stages of the pandemic in 2019, along with many other diplomatic missions worldwide. However, with North Korea reopening its borders in August 2023, Nigeria is now the first African country to reestablish its diplomatic footing in the country.
The Russian Embassy further noted that Nigeria and Egypt remain the only African nations maintaining a diplomatic presence in North Korea. Both countries have enjoyed diplomatic relations with Pyongyang since 1976.
Notably, a previous UN panel of experts highlighted that Nigeria and Egypt have conducted trade and business dealings with North Korea, allegedly in violation of UN sanctions.
The reopening of Nigeria’s embassy signals a renewed commitment to strengthening ties with North Korea amid evolving post-pandemic diplomacy. It also marks a significant move for African diplomatic relations in the region, particularly as other nations are yet to resume their operations in the East Asian country.
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2027: Wike offered APC gateway to foster plot against Fubara – details emerge
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19 hours agoon
December 17, 2024By
John2027: Wike offered APC – 2027: Wike offered APC…
2027: Wike offered APC – Yusuf Ata, the Minister…
Yusuf Ata, the Minister of State for Housing and Urban Development, has proposed that Nyesom Wike, the current Minister of the Federal Capital Territory (FCT), consider joining the All Progressives Congress (APC) ahead of the 2027 elections.
Ata, in a statement celebrating Wike’s 57th birthday, lauded the FCT Minister’s leadership qualities and his significant impact since assuming office in August 2023.
Ata praised Wike for his ability to tackle the longstanding challenges facing Abuja, particularly in infrastructure and real estate.
He highlighted Wike’s proactive approach to constructing neglected roads and bridges, noting that his efforts had improved the capital’s development and expansion.
“Barr. Wike’s fearless confrontation of entrenched interests in the FCT’s real estate sector deserves particular commendation.
“His efforts to tackle land grabbers and speculators have brought discipline and accountability to the sector, making it more accessible to Nigerians,” Ata said.
The Minister also commended Wike for revitalising the Federal Capital Development Authority (FCDA), transforming it into a high-performing agency. He emphasised Wike’s commitment to transparency and his ability to navigate powerful opposition without compromising his principles.
Ata further noted that Wike’s establishment of the FCT Civil Service Commission was a significant achievement, positioning the civil service as an attractive and structured career path.
“Wike’s leadership in Abuja has mirrored his success as Governor of Rivers State, where he was recognized as one of Nigeria’s most accomplished governors,” Ata added.
With the 2027 elections fast approaching, Ata’s remarks suggest that Wike’s political trajectory could play a pivotal role in the APC’s prospects in Rivers State.
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