Nigerian Central Bank Introduces New Overnight Financing Rate

The Central Bank of Nigeria (CBN) has launched the Nigerian Overnight Financing Rate (NOFR), a new benchmark aimed at deepening the money market and enhancing transparency in financial operations.

17 Apr, 18:53 — 17 Apr, 18:53

Post Share

Sources

Showing 1 of 1 sources

punch-ngMostly Factual1h ago

CBN introduces overnight rate to deepen money market

The Central Bank of Nigeria introduces the Nigerian Overnight Financing Rate (NOFR), a new benchmark to deepen the money market and improve transparency. Read More: https://punchng.com/cbn-introduces-overnight-rate-to-deepen-money-market/

By Punch Newspapers

Read full article →

PERSPECTA

PERSPECTA

Nigerian Central Bank Introduces New Overnight Financing Rate

Sources

CBN introduces overnight rate to deepen money market

Related Stories

Oil Jumps Above $100 After US-Iran Talks Fail

Banks Weather Iran War's Financial Storm, Analysts Assess Resilience

Tariff Refunds Imminent Following Supreme Court Decision

Serbian 'Vista Rica' Fund Advertised on Belgrade Billboards

PERSPECTA