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Senate invokes constitution to remove CCT Chairman over fight with lady
Senate invokes constitution to – The Senate on Wednesday…
The Senate on Wednesday invoked the provisions of Section 157 (1) of the Constitution of the Federal Republic of Nigeria 1999, as amended for the removal of Chairman of Code of Conduct Tribunal (CCT) Danladi Umar.This followed the adoption of a motion on “Invocation of Provision of Section 157(1) of the Constitution of the Federal Republic as amended for removal of the Chairman of CCT” at plenary on Wednesday. The motion was sponsored by Sen. Bamidele Opeyemi (APC- Ekiti) leader of the Senate. Opeyemi in the motion said that the CCT was saddled with the sacred statutory responsibilities of maintaining a high standard of morality in government business.This, he said was to ensure that the actions and behaviours of public officers conform to the highest standards of public morality and accountability. He said a statutory institution of such magnitude was expected to be an epitome of moral rectitude and should be seen to uphold virtues of integrity, probity and accountability.He, however, said the conduct of Danladi Umar, who is the Chairman of the Tribunal has fallen short of the requisite standard of a public officer to conduct the affairs of such tribunal. He said it was worrisome that the Senate has been inundated with a series of petitions and allegations of corruption, and misconduct against the Chairman through the Senate Committee on Ethics Code of Conduct and Public Petition.This, he said had necessitated the 9th Senate to invite him to series of its investigative hearings in order to unravel circumstances surrounding those allegations. According to him, Umar appeared before the committee only once and thereafter avoided subsequent invitations. He expressed concern over the alleged Umar’s absenteeism from office for more than one month, without permission and recuse from his position.He also expressed worry over the preponderance of corruption allegations, misappropriation and physical street brawl with a security man in the FCT vis-a-vis his current investigation by the EFCC, ICPC and the DSS.“All these are tantamount to acts of negligence and gross misconduct, unbecoming of a Chairman of such a Reputable Tribunal.“Aware of the series of overwhelming allegations against the Chairman, President, Tinubu forwarded the name of Abdullahi Usman Bello to the Senate for confirmation as the new Chairman of the Tribunal. “And at the plenary sitting of the Senate on July, 4, his appointment was duly confirmed, hence the need for the erstwhile chairman to vacate the office for the substantive chairman to officially resume officer.“Recalls that by virtue of the provisions of section 157 (1) of the Constitution of the Federal Republic of Nigeria 1999, as amended,”Mr President and Commander-In-Chief of the Armed Forces, acting on an address supported by two-thirds majority of the Senate praying that he be so removed for inability to discharge the functions of the office whether arising from infirmity of mind or body or any other cause or for misconduct.” Opeyemi said the invocation of the afore-mentioned constitutional provision in this circumstance, seems to be the only way out to safeguard the sacred image of the Code of Conduct Tribunal.This, he said was in line with the resolve of the 10th Senate to uphold the rule of law and sustain the ideals of corporate governance structure in Nigeria. He said the eventual removal of Umar from office would pave the way for the official resumption of Bello as the new substantive Chairman of the Tribunal. This, he said was in line with the resolve of the 10th Senate to uphold the rule of law and sustain the ideals of corporate governance structure in Nigeria. He said the eventual removal of Umar from office would pave the way for the official resumption of Bello as the new substantive Chairman of the Tribunal.Contributing, Deputy President of the Senate, Sen. Barau Jibrin (APC-Kano) said the decision to invoke section 157 (1) to remove the CCT Chairman from office was a unanimous decision of the senate, adding that 84 senators endorsed his removal. Chief Whip of the Senate, Sen. Mohammed Monguno (APC-Borno) collaborated with the Deputy President of the Senate, saying that the Senate had met the constitutional requirements to effect the removal of the CCT Chairman.President of the Senate, Godswill Akpabio in his remarks said the senate had formed the quorum to effect the removal. He said opportunities had been presented to Umar to defend himself but he never showed up. Akpabio said his activities were unbecoming of a public servant having fought with a lady at the plaza. Akpabio mandated the Clerk of the Senate, Ben Akabueze to communicate to President Bola Tinubu the resolution of the Senate for necessary action.
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Is Atom Capital the – Is Atom Capital the…
Is Atom Capital the – The rise of powerful…
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.
The Role of AI Bots in Maximizing Advanced AI Usage
Artificial intelligence (AI) bots like the-atom-capital.com/id are specialized software programs created to automate processes, analyze data, and carry out trades or other operations with the least amount of human involvement. By utilizing cutting-edge AI, these bots can learn from enormous volumes of data, spot trends, and make deft decisions instantly. Businesses may greatly increase their productivity and decision-making processes by implementing AI bots.
Automating Repeated Operations
Artificial intelligence bots like Atom Capital automate tedious jobs, allowing human workers to concentrate on strategic projects. For example, AI chatbots in customer care answer standard questions, freeing up employees to deal with more complicated client requests. Businesses can distribute resources more efficiently as a result of this automation, which also improves customer happiness and operational efficiency.
Enhanced Data Analysis
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.
Enhanced Rapidity and Effectiveness
AI trading bots are capable of operating at speeds much faster than humans. They can take advantage of momentary market opportunities by executing deals in milliseconds. Businesses may refine their trading tactics thanks to this speed, which helps them stay competitive in the quick-changing financial landscape.
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.
2. Register for an Account
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.
3. Confirm Your Identity
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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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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Nigeria 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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