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Regina Daniels’ Valentine Surprise: Nollywood Star Gifts Her Mother Two Luxury Cars

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Valentine’s Day is often associated with romantic gestures, but this year, Nollywood actress Regina Daniels reminded Nigerians that love begins at home. The young film star made headlines after reportedly surprising her mother, Rita Daniels , with two luxury cars as a Valentine’s Day gift — a gesture that has warmed hearts across social media. A Valentine’s Gift Rooted in Gratitude Rather than focusing on the usual romantic celebrations, Regina chose to honor the woman who has played a pivotal role in her life and career. Rita Daniels is not only her mother but also a Nollywood veteran and a guiding force behind Regina’s rise in the film industry. By presenting her with two vehicles, Regina demonstrated deep appreciation for years of sacrifice, mentorship, and unwavering support. Fans have described the gesture as thoughtful, symbolic, and a reminder of the importance of family bonds. Social Media Reactions As news of the gift spread, Nigerians took to social media platforms ...
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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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