The CBN, in its effort to combat inflation, has decided to hold the Monetary Policy Rate (MPR) at 27.50%, the Cash Reserve Ratio (CRR) for Deposit Money Banks at 50%, and for Merchant Banks at 16%, ...

Gold revaluation to $2,000 per ounce would be modestly bullish. A reset to $3,000 would be significantly bullish, likely ...

Testing the limits of presidential power, Donald Trump this week tightened his grip on U.S. government agencies that for ...

Nearly two dozen states and the District of Columbia are asking a federal judge to issue an injunction blocking the Trump ...

First report in six-part Future of Finance series highlights emerging trends, shifting capital flows and high-growth ...

As global momentum appears to be building for the development of central bank digital currencies (CBDCs) – bringing with it the potential to ...

St. Louis Fed President Alberto G. Musalem said on Thursday he'll be "patient" with monetary policy as the Federal Reserve ...

In a parallel development, the RBI did not accept bids for the 91-day and 182-day treasury bills at an auction held on ...

Meanwhile, the US dollar index, which gauges the greenback's strength against a basket of six currencies, was trading 0.04 ...

The idea is to advance US interests by merging policies on trade, international finance and national security – at the ...

Federal Reserve officials are taking note of what they see as rising inflation risks and the uncertain impact of President ...

U.S. stocks dropped Thursday, with the S&P 500 retreating from a record high, in part as investors were taken aback by ...