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.
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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
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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.
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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
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