50 Cent has at least 21 questions for Jay-Z.
After the "Run This Town" rapper—real name Shawn Carter—was accused in a civil suit of raping a 13-year-old girl alongside Sean "Diddy" Combs in 2000,…
Controversial American rapper 50 Cent has broken his silence on the sex trafficking and rape allegations against his embattled colleague Sean Diddy.
This comes as Diddy is hit with a second batch of sexual assault lawsuits including allegation that he raped a 13-year-old girl.
DAILY POST reports that Diddy who is currently facing multiple sexual assault and rape charges was arrested in a Manhattan hotel by the federal agents, following a grand jury indictment.
However, in an exclusive interview with People, 50 Cent said: “Look, it seems like I’m doing some extremely outrageous things, but I have not. It’s really me just saying what I have been saying for 10 years.
“Now it’s becoming more full-facing in the news with Diddy’s stuff, but away from that. I’m like, Yo, it is just my perspective because I stayed away from that stuff the entire time, because it is not my style.”
Recall that the duo’s feud started since their first meeting in the 1990s, after 50 Cent failed to consider Diddy as a friend.
In 2006, 50 Cent released his diss track, ‘The Bomb’, where he accused Diddy of being involved in the 1997 murder of fellow artist Biggie Smalls.
The Monetary Policy Committee of the Central Bank of Nigeria has voted to increase the monetary policy rate, which measures the benchmark interest rate, to 27.25 per cent.
The monetary policy rate is the baseline interest rate in an economy.
Every other interest rate used within an economy is built on the MPR.
Addressing journalists at an ongoing press briefing after the committee’s fifth meeting for the year at the CBN headquarters on Tuesday in Abuja, the governor of the apex bank, Olayemi Cardoso, said the committee members unanimously decided to further tighten monetary policy.
This new rate is an increase of 50 basis points from 26.75 per cent announced by the apex bank in July 2024.
The new rate reflects an 8.5 per cent increase in interest rates under the current leadership, which took office a year ago.
Cardoso said, “The committee was unanimous in its decision to further tighten policy and thus decided as follows, one: raise the MPR to 27.25 per cent.”
However, the MPC retained the asymmetric corridor around the MPR at +500 to -100 basis points and raised the Cash Reserve Ratio of deposit money banks by 500 basis points to 50 per cent and merchant banks by 200 basis points to 16 per cent from 14 per cent and retain the liquidity ratio at 30 per cent.
He added, “The MPC decided to retain the asymmetric corridor around the MPR at plus 500 to minus 100 basis points. It also raised the Cash Reserve Ratio of deposit Money banks by 500 basis points to 50 per cent from 45 per cent and merchant banks by 200 basis points to 16 per cent from 14 per cent and retain the liquidity ratio at 30 per cent.”
Financial experts had anticipated that the CBN would either hold or lower interest rates following two consecutive months of declining headline inflation.
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The Independent National Electoral Commission, INEC, has uploaded 86.55% of the results from the Edo governorship election, totaling 3,911 out of 4,519 to the INEC IReV portal.
As at 6:22 pm, the results were already uploaded for Nigerians to view at their comfort.
With these results, every party’s situation room is aware of which candidate is currently in the lead.
DAILY POST also reports that Anugbum Onuoha, the Resident Electoral Commissioner (REC) in Edo, had assured that the governorship election results will be transmitted electronically.
Onuoha spoke in an interview with Arise Television on Saturday, stressing that only poor network could hinder the transmission of results to the viewing portal (IReV).
“We have trained the operators for the BVAS. They are set. BVAS is to accredit the voters, to know the total number of voters that will vote at that level, that polling unit.
“After that, then the voters will now start voting. At the end of the day, they will count the results, and it will be uploaded to our IReV.,” he assured.
The Independent National Electoral Commission has uploaded over 73.67 per cent of the results from the Edo governorship election onto its Result Viewing Portal.
According to report 3329 results out of 4,519 polling units where elections held in the state have been uploaded.
DAILY POST also reports that Anugbum Onuoha, the resident electoral commissioner (REC) in Edo, had assured that the governorship election results will be transmitted electronically.
Onuoha spoke in an interview with Arise Television on Saturday, stressing that only poor network could hinder the transmission of results to the viewing portal (IReV).
“We have trained the operators for the BVAS. They are set. BVAS is to accredit the voters, to know the total number of voters that will vote at that level, that polling unit.
“After that, then the voters will now start voting. At the end of the day, they will count the results, and it will be uploaded to our IReV.,” he assured.
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