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Cardoso launches Nigerian overnight financing rate

By Emma Ujah, Abuja Bureau Chief The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has launched the Nigerian Overnight Financing Rate (NOFR), saying financial systems must continue to evolve to meet changing economic realities. The NOFR is a daily benchmark interest rate introduced by the CBN in collaboration with the Financial Markets […]

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Cardoso launches Nigerian overnight financing rate

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Cardoso Launches Nigeria Overnight Financing Rate to Boost Confidence, Price Discovery, Market Stability

• Says global financial markets moving away from subjective, judgment-based benchmarks towards transaction-based reference rates that reflect actual market activity

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Cardoso launches Nigerian overnight financing rate

Confronto fonti

Cardoso launches Nigerian overnight financing rate

Cardoso Launches Nigeria Overnight Financing Rate to Boost Confidence, Price Discovery, Market Stability

Timeline cronologica

Cardoso launches Nigerian overnight financing rate

CBN unveils new benchmark rate to boost financial market credibility

CBN unveils new benchmark rate to boost financial market credibility

Cardoso Launches Nigeria Overnight Financing Rate to Boost Confidence, Price Discovery, Market Stability

Cardoso launches Nigerian Overnight Financing Rate