Bank of England

Bank of England Eyes High Interest Rate Amidst Falling Inflation: Analysts Suggest June For Cut

Inflation: Bank of England Eyes High Interest Rate As Analysts Suggest June For Cut

Analysts are eyeing June for a potential interest rate cut by the Bank of England as inflation dips to 3.4% annually, its lowest since September 2021. The latest data has triggered speculations

Emmanuel Ochayi

8 months ago

Business·World News

Bank Of England Keeps 15-Year High Interest Rate At 5.25% Amid Israel-Hamas War Concerns

The Bank of England announced its decision to keep the main interest rate at 5.25%, citing concerns related to the Israel-Hamas war's impact on oil and gas prices.

Emmanuel Ochayi

1 year ago

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business

Old Naira: Expert, Muda Yusuf, Compares UK, CBN’s Currency Transition, Obstacles

The former Director-General of the Lagos Chamber of Commerce and Industry (LCCI), Muda Yusuf, said on Monday, 30, January 2023, that the two months timeframe for the old Naira to cease being

Fakoyejo Olalekan

2 years ago

Business·World News

UK Inflation Trails Nigeria’s Rate As Food Prices Worsen Cost Of Living

The Office for National Statistics in the United Kingdom revealed that UK inflation rate hit 10.1% in July, the same month Nigeria recorded 19.64% rate, with food prices rising in both countries.

Fakoyejo Olalekan

2 years ago

Business·World News

UK Economy To Enter Recession, As Inflation Set To Hit 13 percent

Bank of England has announced that the country will enter recession by the end of the year, as it projects inflation rate will rise to 13% before it start reversing to a

Fakoyejo Olalekan

2 years ago

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Inflation: Bank of England Eyes High Interest Rate As Analysts Suggest June For Cut

Bank Of England Keeps 15-Year High Interest Rate At 5.25% Amid Israel-Hamas War Concerns

Old Naira: Expert, Muda Yusuf, Compares UK, CBN’s Currency Transition, Obstacles

UK Inflation Trails Nigeria’s Rate As Food Prices Worsen Cost Of Living

UK Economy To Enter Recession, As Inflation Set To Hit 13 percent

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