"MY HUSBAND HAS SACRIFICED HIS ENTIRE LIFE FOR CAMEROON. IF A NATION CANNOT SHOW PATIENCE IN ITS LEADER'S MOST DIFFICULT MOMENT, THEN WHAT HAS ALL THOSE YEARS OF SERVICE BEEN FOR?"- FIRST LADY OF CAMEROON. (PHOTO).

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  "MY HUSBAND HAS SACRIFICED HIS ENTIRE LIFE FOR CAMEROON. IF A NATION CANNOT SHOW PATIENCE IN ITS LEADER'S MOST DIFFICULT MOMENT, THEN WHAT HAS ALL THOSE YEARS OF SERVICE BEEN FOR?" "As vast and influential as Nigeria is, its people stood by the family of their late President, Umaru Musa Yar'Adua, for months while he received medical treatment in Saudi Arabia. They remained hopeful and patient, believing he would recover. My husband has been away for barely 50 days, yet so many voices have already turned to doubt, criticism, and impatience. It saddens me deeply. After decades of dedicating his life to serving Cameroon, strengthening its institutions, and striving for stability, is this the gratitude he deserves? Leadership comes with sacrifice, and our family has made many sacrifices for this nation. In difficult moments, understanding and compassion matter just as much as questions. I believe Cameroon can rise above division and choose patience over speculation...
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INFLATION: CBN INCREASES MONITARY POLICY RATE TO 27.25.(PHOTO).

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 INFLATION: CBN INCREASES MONITARY POLICY RATE TO 27.25


The Central Bank of Nigeria's Monetary Policy Committee has decided to raise the benchmark interest rate, known as the monetary policy rate, to 27.25 percent. This decision was made at the committee's fifth meeting of the year at the CBN headquarters in Abuja.


The monetary policy rate serves as the baseline interest rate in the economy, and all other interest rates within the economy are based on it. The increase from the previous rate of 26.75 percent reflects an 8.5 percent rise in interest rates under the current leadership, which began a year ago.


In addition to raising the monetary policy rate, the committee also decided to maintain the asymmetric corridor around the MPR at +500 to -100 basis points. Furthermore, the Cash Reserve Ratio for deposit money banks was increased by 500 basis points to 50 percent, and for merchant banks by 200 basis points to 16 percent. The liquidity ratio was retained at 30 percent.


Despite expectations for the Central Bank of Nigeria to either maintain or lower interest rates due to two consecutive months of declining headline inflation, the decision was made to tighten monetary policy.

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