Interest Rates
4 LAS News stories tagged “Interest Rates”, newest first. Every story links its sources.
Bank of England raises interest rates to 4% as inflation climbs
The Bank of England has increased the base rate to 4% for the first time in over three years, a move driven by rising fuel costs and inflation linked to the conflict between the US, Israel, and Iran.
LAS News Desk · 5 Nov 2026, 15:19 WAT · 2 sources
Pound reaches strongest level since 2016 ahead of first Bank of England rate hike in three years
Sterling has hit its highest value against a basket of currencies since the Brexit vote, coinciding with the UK government's first interest rate increase in over three years.
LAS News Desk · 5 Nov 2026, 11:16 WAT · 1 source
APM vice‑presidential candidate backs Seyi Makinde as top contender for 2027 Nigerian election
Alhaji Lawal Daura, the APM’s vice‑presidential candidate, praised Governor Seyi Makinde’s record and pledged a four‑year inclusive transitional government, while Makinde also pledged to curb high interest rates and boost manufacturing in the Southeast.
LAS News Desk · 31 Oct 2026, 22:17 WAT · 5 sources
Nigeria targets single-digit inflation by 2027 despite rising lending rates
Finance Minister Taiwo Oyedele announced a goal to bring inflation below 10 percent by late 2027, aiming to lower borrowing costs, even as average lending rates increased to 32.62 percent in September.
LAS News Desk · 27 Oct 2026, 04:46 WAT · 2 sources