CBN Launches Overnight Financing Rate To Boost Market Integrity
[mc4wp_form id=33047] Nigeria’s financial market recorded a major milestone on Monday as the Central Bank of Nigeria (CBN) formally launched the Nigeria Overnight Financing Rate (NOFR), a new benchmark designed to strengthen market integrity and deepen financial system efficiency. The initiative, unveiled by CBN Governor Mr. Olayemi Cardoso in Abuja, was described as a “fundamental…
