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“I’m Ready to Get Pregnant Out of Wedlock, I Can Take Care of My Kids” – Mercy Eke Opens Up

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Popular Nigerian reality TV star and entrepreneur, Mercy Eke , has once again set social media buzzing after boldly declaring that she is ready to become a mother even without marriage . The Big Brother Naija Pepper Dem winner made this revelation during a recent conversation where she spoke candidly about her personal desires, societal pressure, and the realities of modern womanhood. According to Mercy, she has reached a point in her life where motherhood is a top priority , and she is no longer willing to let societal expectations dictate the timing or circumstances of when she should start a family. Describing herself as emotionally, mentally, and financially ready, the influencer stated that she can comfortably raise a child on her own . Breaking the Cultural Norms In a society like Nigeria —where marriage is often seen as the “right” pathway to motherhood—Mercy’s statement has sparked heated debates. Many fans praised her honesty, saying it reflects the changing social landsc...
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CBN Revises Lending Rate to Curb Inflation and Stabilize Economy

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The Central Bank of Nigeria (CBN) has once again revised its benchmark lending rate, raising the Monetary Policy Rate (MPR) as part of efforts to combat rising inflation and stabilize the nation's fragile economy. This latest adjustment signals the apex bank's commitment to tightening monetary policy in response to persistent inflationary pressures and currency volatility.

At the conclusion of its recent Monetary Policy Committee (MPC) meeting, the CBN announced an increase in the MPR by 150 basis points, bringing it to 26.25%. This decision marks the third rate hike in 2025, following earlier adjustments in response to inflation, which currently hovers above 33%.

CBN Governor, Mr. Olayemi Cardoso, explained that the rate revision is aimed at taming inflation, stabilizing the naira, and restoring investor confidence in the Nigerian economy. According to him, “Inflation has become a major threat to our economy, eroding purchasing power and increasing the cost of living. The MPC believes this hike will help reduce excess liquidity and strengthen monetary stability.”

The revised rate will impact commercial banks, as it directly influences lending costs and interest rates across the financial sector. As borrowing becomes more expensive, individuals and businesses may find it more difficult to access credit. While this may slow down economic activities in the short term, the CBN believes the long-term benefits will outweigh the drawbacks.

Economic analysts have reacted with mixed feelings. Some argue that the hike may burden small businesses and increase loan default risks. Others support the move, noting that tightening monetary policy is necessary to stabilize prices and restore confidence in the economy.

As Nigerians continue to grapple with high prices and a weakened currency, all eyes are on the CBN to ensure that these policy shifts translate into real economic relief. Whether this latest rate hike will yield the desired outcomes remains to be seen.

— Luchiinter News
luchiinter.blogger.com

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