The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, launched the Nigerian Overnight Financing Rate (NOFR), to guarantee greater transparency in the financial market.
June 16, 2026
Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Cardoso
•Provides benchmark for pricing loans, deposits
By Emma Ujah, Abuja Bureau Chief
The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, yesterday, launched the Nigerian Overnight Financing Rate (NOFR), to guarantee greater transparency in the financial market.
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