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Dollar and bitcoin soar as Trump wins presidency

The dollar, bitcoin and yields on US government bonds have risen sharply and equity markets jumped from the opening bell on Wednesday heading for record highs after Donald Trump was elected president. Buoyed by Trump’s inflationary tariffs, tax cuts and…

Tech experts educate on role of AI in banking

Partner and Banking & Capital Markets Sector Leader, Y, Abiodun Akinnusi, educated participants from Nigeria and Ghana on the pivotal role of Artificial Intelligence in the banking and capital markets sectors. The discussion, titled, ‘Placing humans at the centre AI…

Weak chip shares continue to drag down Tokyo stocks

TOKYO, Oct. 17 (Xinhua) — Tokyo stocks continued to decline on Thursday as selling pressure on semiconductor-related stocks persisted due to concerns of sluggish demand. Japan’s benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, fell 0.69 percent, or 269.11…

Toads need the love too, finds UAE study

RAS AL KHAIMAH // It is not only cuddly creatures like pandas that need protection, wildlife experts say – at times, it is the slimy toads that need it most. UAE researchers recently concluded the Middle East’s largest disease survey…

CBN reassures Nigerians on bank stability

The Central Bank of Nigeria has emphasised its commitment to the stability of the country’s financial system, highlighting that regular stress tests are conducted to identify potential vulnerabilities in banks. This is according to a press release by CBN’s Acting…

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