Current Affairs Global - 10 July 2014

1. The Bank of England has held UK interest rates at a record low of 0.5% during its monetary policy announcement today. Size if its economic stimulus programme, popularly known as Quantitative Easing, was also kept unchanged at 375 billion pound.

2. Argentina defeated the Netherlands 4-2 on penalties yesterday to set up a third World Cup final against Germany. Argentinian goalkeeper Sergio Romero saved two penalty shoot outs to help his country reach World Cup final after 24 years. It was the first World Cup semi-final ever to end 0-0 after 120 minutes.

It will be a record third World Cup final between the two countries, with Argentina winning the title 3-2 in 1986 and the Germans 1-0 in 1990. Germany also eliminated Argentina in the quarter-finals of the last two World Cups.

3. World Football Federation, FIFA has suspended Nigeria from all international football amid allegations of government interference in its football federation. The ban means no Nigerian team including club sides can play internationally. Nigeria reached the second round of the World Cup 2014 in Brazil

FIFA had given the Nigerian government until Tuesday to reinstate the sacked Nigeria Football Federation, NFF executive committee. The NFF was dissolved by the government last week and replaced by a sole administrator.