latest
New AI Tool Promises Transparent And Reliable Financial Forecasts
According to IREPORTERONLINE, a recent academic study has unveiled an innovative machine learning tool designed to simplify stock market analysis and forecasting for traders. The research, published in the International Journal of Advanced Artificial Intelligence Research by scholars Olabayoji Oluwatofunmi Oladepo and Opeyemi Eebru Alao of Swansea University, introduces an explainable artificial intelligence (AI) system that addresses long-standing challenges in technical trading.....KINDLY READ THE FULL STORY HERE▶
For decades, market participants have relied heavily on complex charts and indicators to identify trading patterns—a process often overwhelming for beginners and non-specialists. Existing digital trading platforms, while widespread, either lack predictive power or function as opaque “black-box” systems that obscure the reasoning behind their forecasts.
The new tool changes this narrative. Built around a Random Forest machine learning model, it not only delivers robust predictions but also provides clarity by highlighting which financial indicators influence market outcomes most. The researchers incorporated a wide range of financial metrics into the model and employed advanced techniques such as SMOTE to balance uneven market data.
In practical terms, the system’s predictions are complemented by clear visual representations of feature importance, enabling traders to understand the precise factors driving results. To validate the innovation, a virtual workshop involving 14 participants with diverse levels of trading experience was conducted, and feedback underscored the model’s accessibility and reliability.
Analysts suggest this breakthrough represents a major leap toward making financial trading more transparent, approachable, and trustworthy—ushering in a future where artificial intelligence becomes an indispensable ally for both novice and experienced investors.
Chief of Staff to President Bola Tinubu, Femi Gbajabiamila, has advised the House of Representatives member of the African Democratic Congress (ADC), Leke Abejide, to remain in his party.....KINDLY READ THE FULL STORY HERE▶
Gbajabiamila made the remark during a birthday celebration organised in honour of Abejide, according to reports.
He noted that the All Progressives Congress (APC) was pleased with the lawmaker’s activities within the ADC, adding that his presence was creating internal tensions in the opposition party.
The Chief of Staff also urged Abejide to disregard calls from APC members, including former Kogi State Governor, Yahaya Bello, who had reportedly encouraged him to defect to the ruling party.
“Don’t come to APC. Stay in ADC and scatter them. We like what you’re doing. Don’t mind former governor Yahaya Bello, who said you should join APC. No, no, no, stay in ADC and win your election. Also, bring Bala Gombe, and we’ll support him. Good luck in court,” he was quoted as saying.
Meanwhile, fresh tension has emerged within the African Democratic Congress as factional leader Nafiu Bala accused former national chairman Ralph Nwosu of misrepresenting the purpose of a recent party event.
Bala, speaking in an interview on AIT on Monday, said he was invited to what he believed was a routine meeting to welcome new members but later discovered it was used to announce a new leadership structure led by David Mark.
He explained that he only realised the full agenda after proceedings had begun, adding that the event also featured Nwosu stepping down while unveiling new party executives.
According to him, the development has deepened existing internal disputes within the party, especially with the appointment of David Mark and others into key leadership positions during the gathering.
Leaders of the All Progressives Congress (APC) in Ogun East Senatorial District have reportedly endorsed Governor Dapo Abiodun as their preferred candidate for the 2027 senatorial election.....KINDLY READ THE FULL STORY HERE▶
According to reports, the decision was taken on Monday during a large political gathering held at Adeola Odutola Hall in Ijebu-Ode, which attracted party stakeholders and grassroots representatives from across the district.
A statement from the governor’s media office indicated that the meeting was widely attended by key APC figures, including members of the Governor’s Advisory Council, former and serving local government chairmen, councillors from all wards, as well as current and former lawmakers at both state and national levels. Women leaders, youth groups, and other stakeholders were also present.
Party leaders at the event expressed confidence in Abiodun’s capacity to represent Ogun East effectively at the National Assembly, describing his leadership record as a key factor in their decision.
They also resolved to formally communicate the endorsement to the governor and begin mobilisation efforts ahead of the 2027 electoral cycle.
The Secretary to the State Government, Tokunbo Talabi, noted that the governor’s performance in office and his role in fostering unity within the party were central to the decision to support his senatorial ambition.
The Presidency has criticised former presidential candidate, Peter Obi, questioning his leadership ability and accusing him of failing to manage internal crises within the Labour Party (LP).....KINDLY READ THE FULL STORY HERE▶
According to reports, the Special Adviser to President Bola Tinubu on Media and Public Communication, Sunday Dare, made the remarks during an interview on African Independent Television (AIT) on Monday.
Dare argued that Obi did not found the Labour Party and does not have full control over its structure, adding that his handling of party disputes raises concerns about his leadership capacity.
He further alleged that Obi has shown a pattern of moving between political platforms rather than resolving internal challenges, insisting that he “cannot fix” his own party.
Dare said the Labour Party’s internal crisis had been visible for years and questioned Obi’s level of involvement in resolving it, suggesting that he instead left the party amid the turmoil.
He stated that such leadership qualities should be scrutinised given national responsibilities, adding, “You cannot fix your party.”
The presidential aide also addressed claims linking the Presidency to the crisis within the African Democratic Congress (ADC), rejecting any involvement and insisting the party’s internal issues were not influenced by the federal government.
He maintained that the ADC situation is already before the courts and should be resolved through judicial processes rather than public agitation or political pressure.
Dare urged all parties involved to respect ongoing legal proceedings, stressing that court decisions would ultimately determine the outcome of the disputes.
He added that the government remains committed to respecting the judiciary and warned against attempts to influence public opinion while cases are still being decided.
-
latest8 months ago“Social Media Erupts As Jim Iyke Declares Rita Dominic Nollywood’s Most Beautiful”
-
latest2 years agoEdo Political Showdown: Oshiomhole Appears At Presidential Villa As Tinubu Hands APC Gubernatorial Flag To Okpebholo (Photos & Video)
-
entertainment2 years agoLove Knows No Age American Woman Defends Marriage To Young Nigerian Man “I’m Not 70”
-
latest2 years agoOlumide Akpata Strikes Again: Drops Killer Track, Sends Edo State Into Frenzy!(Video)
-
Politics2 years agoNigerians React As Pastor Adeboye Foresees Passing Away On A Sunday After Enjoying A Satisfying Meal Of Pounded Yam
-
latest2 years agoFG Identifies 31 States At Risk Of Heavy Flooding In 2024: See Full List
-
latest2 years ago5 NYSC Corpers Perish In Fatal Road Accident Returning From Camp
-
Politics2 years agoBREAKING: Inspector-General Of Police Summons Top Police Commanders For Crucial-Security Challenges