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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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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
