CBN LIKELY TO RAISE INTEREST RATE TO HALT INFLATION. (PHOTO).

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 CBN likely to raise interest rate to halt inflation ....Experts predict MPC tightening of monetary policy The Central Bank of Nigeria (CBN) is set to tighten further its monetary control in a renewed bid to moderate resurgent inflationary pressure. The Monetary Policy Committee (MPC), the highest policy-making organ of the apex bank, begins a two-day meeting today with policy response to mounting inflationary pressure as the main agenda. Analysts’ consensus and sources close to the apex bank were unanimous that the apex bank would increase the benchmark interest rate, the Monetary Policy Rate (MPR), in line with the bank’s avowed focus on curbing inflation and creating a stable investment environment. The MPC, headed by the Governor of the CBN, provides monetary policies and benchmarks, which determine the direction of the financial services sector, and the economy to a large extent. Headline inflation rate broke a two-month breather to record two consecutive monthly increases, raisin
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GOLD RING WORK BY 2PAC 3 DAYS BEFIRE HIS SHOOTING GOES ON SALE FOR $327,000 (N257M).(PHOTO).

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WILL YOU BUY IT ? 😊
Gold Ring Worn By 2pac 3 Days Before His Shooting Goes On Sale For ₦‎257million 

A ring designed and worn by Tupac Shakur is set to go on auction – and could sell for nearly £250,000 ($327,000; N257m)

The sovereign ring will sell as part of auction house Sotheby's sale marking the 50th anniversary of hip-hop.

It features a jewel-encrusted "crown" with gold, ruby and diamond.

Tupac was classed as rap royalty but was gunned down in 1996 in a drive-by shooting in Las Vegas, US, aged just 25.

The murder came three days after wearing the ring at his final public appearance at the MTV Video Music Awards.

This ring marked a new phase in his life, in which he abandoned his "Thug Life" persona.

The piece of hip-hop history is expected to sell for £152,719 and £229,079 at auction in New York this week.

Following a stint in prison, Tupac launched media conglomerate Euphanasia Incorporated and began transitioning into a more executive role in the music industry.

And to celebrate the new era of his career, he marked the occasion by commissioning two new pieces of extravagant jewellery.

He told his godmother Yaasmyn Fula, a friend of his mum's who also served as his "advisor, auntie, money manager, caretaker, and lifelong supporter", that he wanted a piece of jewellery to serve as an act of 'self-coronation'.

The finished gold crown ring boasts 10 carats of cabochon rubies and pavé diamonds and an inscription reading "Pac & Dada 1996".

 

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