The Republican National Convention opened Monday, July 15, in Milwaukee, Wisconsin, where the Republican Party is set to formally nominate former President Donald Trump and his vice presidential pick, Ohio Sen. J.D. Vance, to their 2024 ticket. The four-day event is expected to feature speeches from politicians, celebrities, and party stars, including Sen. Marco Rubio […]
Former President Donald Trump tapped J.D. Vance as his running mate, elevating to the Republican presidential ticket a venture capitalist-turned-senator whose embrace of populist politics garnered national attention and made him a rising star in the party.
The Republican National Convention opened Monday, July 15, in Milwaukee, Wisconsin, where the Republican Party is set to formally nominate former President Donald Trump and his vice presidential pick, Ohio Sen. J.D. Vance, to their 2024 ticket.
The four-day event is expected to feature speeches from politicians, celebrities, and party stars, including Sen. Marco Rubio of Florida, TV host Tucker Carlson, and UFC CEO Dana White. Trump’s sons, Don Jr. and Eric, are also set to speak, as well as Eric’s wife and RNC co-chair Lara Trump.
The convention opened just two days after Trump was targeted in an assassination attempt at a campaign rally in Butler, Pennsylvania. The RNC will be available to stream live. Follow here for the latest news and updates.
<img src="https://www.mtlblog.com/media-library/a-hand-holding-canadian-money.jpg?id=59803048&width=1200&height=800&coordinates=132%2C0%2C132%2C0"/><br/><br/><p>If you're 65 or older and receiving retirement benefits from the Canadian government, your next <a href="https://www.mtlblog.com/tag/old-age-security" target="_blank">Old Age Security (OAS)</a> payment is just around the corner — and it's slightly higher than before.</p><p><span></span>OAS is one of the main federal programs helping seniors cover everyday costs in retirement. Payments are adjusted four times a year to account for inflation, and the latest increase kicked in for the July-to-September 2025 quarter.</p><p>Here's everything to know about this month's OAS deposit.</p><h3>What is OAS and who qualifies?</h3><br/><p>OAS is a monthly federal pension available to most Canadians aged 65 and up, regardless of work history. To qualify, you must:</p><ul><li>Be 65 or older</li><li>Have lived in Canada for at least 10 years after turning 18</li><li>Be a Canadian citizen or legal resident</li></ul><p>If you now live abroad, you may still qualify if you lived in Canada for at least 20 years as an adult.</p><p>Note: Higher-income seniors may see a partial repayment (known as a clawback) if their net annual income exceeds $148,541 (ages 65–74) or $154,196 (75+).</p><p><a href="https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/eligibility.html" target="_blank">More about OAS eligibility</a></p><h3>When will July's OAS deposit land?</h3><br/><p>Your OAS should arrive on <strong>Tuesday, July 29, 2025</strong> — a date that falls within Service Canada's typical end-of-month window. If you've signed up for direct deposit, the funds will show up in your bank account that day. </p><p>If you receive payments by cheque, it should arrive in the mail by then, though delays are always possible. Direct deposit is the safest and fastest option.</p><h3>How much are seniors getting now?</h3><br/><p>With the new rates in effect, the maximum OAS payments are:</p><ul><li><strong>$734.95/month</strong> for those aged <strong>65 to 74</strong></li><li><strong>$808.45/month</strong> for those aged <strong>75 and over</strong></li></ul><p>That’s a modest increase from the spring. OAS rates are reviewed quarterly — in January, April, July and October — and while they can rise with inflation, they never decrease.</p><p>If you also qualify for the Guaranteed Income Supplement (GIS) or Allowance programs, your total monthly benefit could surpass $1,800, depending on your income and household status.</p><p><a href="https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/benefit-amount.html" rel="noopener noreferrer" target="_blank">More about OAS payment amounts</a></p><h3>How do you sign up?</h3><br/><p>Many people are automatically enrolled and receive a letter from Service Canada around their 64th birthday. If you don't get one, or if you need to apply manually, you can:</p><ul> <li>Apply online through your My Service Canada Account</li><li>Submit a paper form by mail</li><li>Visit a Service Canada office in person</li></ul><p> You can choose to start OAS any time after you turn 65, up to age 70. Delaying increases your monthly payment permanently.</p><p><a href="https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/apply.html" target="_blank">More about applying for OAS</a></p><h3>Is OAS taxable?</h3><br/><p>Yes. OAS is considered taxable income. Unless you ask for tax to be withheld, nothing will be deducted at source, which could leave you with a tax bill later. To avoid surprises, you can set up voluntary deductions through your online account or by sending in a request form.</p><p><a href="https://www.canada.ca/en/services/benefits/publicpensions/cpp/old-age-security/while-receiving.html#h2.3" rel="noopener noreferrer" target="_blank">More about OAS and your taxes</a></p><h2>Remaining 2025 OAS payment dates</h2> <ul> <li> August 27</li> <li> September 25</li> <li> October 29</li> <li> November 26</li> <li> December 22</li> </ul> <p>If you receive payments by mail, keep an eye out around those dates. Direct deposit remains the most reliable way to avoid delays.</p><p><em>Love this? Check out our <a href="https://www.mtlblog.com/notices/" target="_blank">MTL Blog noticeboard</a> for details on jobs, benefits, travel info and more!</em></p><p><em>AI tools may have been used to support the creation or distribution of this content; however, it has been carefully edited and fact-checked by a member of MTL Blog's Editorial team. For more information on our use of AI, please visit our <a href="https://www.mtlblog.com/editorial-standards" target="_blank">Editorial Standards page</a>.</em></p>
<p><img width="680" height="436" src="https://www.naijanews.com/wp-content/uploads/2024/02/Bola-Tinubu-1.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Why Tinubu Refused To Delay Fuel Subsidy Removal - Presidency" decoding="async" fetchpriority="high" srcset="https://www.naijanews.com/wp-content/uploads/2024/02/Bola-Tinubu-1.jpg 680w, https://www.naijanews.com/wp-content/uploads/2024/02/Bola-Tinubu-1-300x192.jpg 300w" sizes="(max-width: 680px) 100vw, 680px" /></p>
<h2>The Federal Government of Nigeria has announced its plans to issue a Eurobond, marking its return to the international bond market since its last issuance in March 2022.</h2>
<p>For this venture, the government has enlisted the services of leading global investment banks, including Citibank NA, JPMorgan Chase & Co, and Goldman Sachs Group Inc., along with Standard Chartered Bank and the Lagos-based Chapel Hill Denham, as advisors.</p>
<p>According to Punch, the upcoming Eurobond issuance, expected to occur before June, represents a pivotal moment for Africa's largest oil-producing nation as it seeks to re-engage with global financial markets.</p>
<p>This initiative is part of a broader strategy to finance the significant budget deficit outlined in President <a href="https://www.naijanews.com/topic/bola-tinubu/"><strong>Bola Tinubu</strong></a>'s N28.8 trillion ($18 billion) spending plan for 2024, which projects a fiscal shortfall of N9.8 trillion, or 3.8 percent of the GDP.</p>
<p>The exact size of the Eurobond offer has yet to be determined.</p>
<p>However, sources close to the transaction, who preferred to remain anonymous, told the platform that Nigeria could aim to secure up to $1 billion in international loans throughout 2024.</p>
<p>This external financing is deemed critical for the country to manage its ambitious fiscal deficit. The shortfall is expected to be covered through a mix of local and international borrowings, alongside support from global financial institutions.</p>
<p>In a related development, Minister of Finance and Coordinating Minister of the Economy, Wale Edun, revealed that the decision to issue Eurobonds was influenced by the potential for lower interest rates and ongoing economic reforms.</p>
<p>Since taking office in May 2023, President Tinubu has introduced several policies to attract foreign investment and revitalise the economy.</p>
<p>These include two devaluations of the naira to establish a more flexible exchange rate regime and the controversial removal of fuel subsidies.</p>
<p>Furthermore, the Federal Government has disclosed plans to borrow N450 billion from its third FGN bond auction of 2024, a significant reduction from the N2.5 trillion target of the previous month.</p>
<p>According to the Debt Management Office (DMO), this auction will feature a new 3-year bond and the reopening of existing bonds, with the collective aim of financing the 2024 budget deficit.</p>
<p>With the DMO's recent circular announcing the auction details, including the offer of three different bonds, each with an allocation of N150 billion, the government's N450 billion borrowing target for March 2024 is set.</p>
<p>The post <a href="https://www.naijanews.com/2024/03/14/fg-plans-fresh-borrowing-through-eurobond/">FG Plans Fresh Borrowing Through Eurobond</a> appeared first on <a href="https://www.naijanews.com">Naija News</a>.</p>
