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

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punch-ngMostly Factual2h 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/

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Nigerian Central Bank Introduces New Overnight Financing Rate

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CBN introduces overnight rate to deepen money market

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