Tuesday, 3rd October 2023
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Bank of England

3 Aug
The interest rate was increased to an anticipated 5.25%, the bank's 14th hike in a row. The bank is expected to continue with its policy of hiking the interest rate in the next months to combat inflation.
16 Oct 2022
The Bank of England has expanded its emergency purchases of government bonds to calm financial markets riled by a government plan to cut taxes. As a crucial deadline looms, everyone is asking: will it work?
12 Oct 2022
The UK's central bank says it is widening a debt purchase scheme to stem a collapse in the government bond market. Britain's central bank said its aim was to ward off a "material risk to UK financial stability."

Latest

43 mins ago
Sam Bankman-Fried, also known by the initials SBF, has tumbled from crypto king to courtroom defendant. The trial of the founder of the FTX cryptocurrency exchange is due to start on Tuesday 3 October. The fraud charges against him - which he denies - stem from the November 2022 collapse of his now-bankrupt business.
43 mins ago
Nigerian reform drive falters, threatening Africa's biggest economy
43 mins ago
Niger says 29 soldiers killed in attack near Mali border
2 hours ago
A UN mission said it was struck by the "sudden manner" more than 100,000 people left the separatist region over the past week. Meanwhile, Armenia called for on the European Union to sanction Azerbaijan.
2 hours ago
The Asian Champions League match between Al-Ittihad and Iran’s Sepahan was called off after the Saudi side refused to leave their dressing room. Al-Ittihad, who are managed by former Tottenham and Wolves boss Nuno Espirito Santo, were opposed to a statue being placed pitchside.
3 hours ago
Behind every chart-topping hit and sold-out concert live stories of artists and labels locked in disputes that can be as dramatic as any chart-topping song. Recently, the unfortunate passing of Singer Mobhad has opened discussions about battles between labels and their artists. Here are a few Nigerian artists who have experienced clashes with their record labels.