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A selloff in chipmakers sent stocks lower, with the market also falling as inflation angst and rising government debt kept bond yields elevated. John Mowrey, CIO at NFJ Investment Group, discusses AI capex spending and equities reaching all-time highs. (Source: Bloomberg)
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Meta’s social media addiction trial could result in financial penalties and changes to the way it operates its flagship platforms, including Facebook and Instagram.
Igbawase Ukumba in Lafia As the naira continues to strengthen, with the spread between official and Bureau de Change rates now narrowing to below 2%, Nigeria’s foreign reserves remained above
Nigeria’s foreign reserves have surged past $52.5bn, reaching a 17-year high. This growth is attributed to CBN reforms and increased investor confidence.
