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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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vanguardngr.com
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…
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punchng.com
CBN unveils new benchmark rate to boost financial market credibility
The Central Bank of Nigeria launches the Nigerian Overnight Financing Rate (NOFR) to boost financial market credibility, transparency, and monetary policy