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Innoson Vehicles Launches Nigeria’s First Electric Car

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Innoson  Vehicles  has  successfully  produced  the first  made-in-Nigeria  electric  car  at  their manufacturing  plant  in  Nnewi, Anambra State. This  groundbreaking  achievement  marks  a significant  milestone  for  the  country’s  automotive industry,  showcasing  Nigeria’s  growing  capacity for  innovation.  An  amateur  video  capturing  a test  drive  of  the  electric  vehicle  has  surfaced, generating  excitement  and  interest  in  the  future of  locally  produced  sustainable  transportation. Innoson’s  accomplishment  positions  Nigeria  on the  map  in  the  global  shift  towards  eco-friendly vehicles.

 


 

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Business

Bitcoin and Dollar Rise Again With Donald Trump’s Win In Election

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The US Dollar and Bitcoin rise again as Trump reportedly wins the presidential election with 279 Electoral College votes against Kamala Harris’s 22. Major investors have now returned and do no longer need to be cautious.

Investors now anticipate Trump’s policies economically, Dollar has now strengthen again and is now against Euro and Pound which were gaining benefits over Dollar being weak. With Trump’s win, crypto and Bitcoin have strongly risen and are set with expectations higher prices and a boost in U.S savings returns.


 

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USD Weakens Amid The Upcoming US Presidential Election

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The Upcoming United State Presidential has caused USD to be weak due to the investors being cautious of the outcome. Meanwhile other countries are gaining strength in their currency and benefitting from this weakness. Euro and GBP keeps rising and gaining against USD.

Gold prices still remain stables despite the recent deadline and the Australian inflation keeps rising. Markets are now watching the political movement to serve as guidance.


 

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Business

Dr. Aguoru States The Use Of Card Pins Online Has A High Security Risk

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Security Expert, Dr. Kingsley Aguoru has advised the Central Bank of Nigerian (CBN) and Economic and Financial Crimes Commission (EFCC) to stop the use of online transactions through Card Pins as it results to a security risk.

He emphasized the risks we can be exposed to, phishing and cyber threats, he states that the use of one-time passwords can serve as an aid in this to better the security.

The expert shares that pins are only safe when in use for ATM and Pos but not online, due to cyber risks. He expressed that information can be leaked from the continuous use of sharing pins online.


 

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