CBN Launches Overnight Financing Rate To Boost Market Integrity

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…

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Biden-Era Gun Rule Bites The Dust In Federal Court

A federal court formally struck down a Biden administration regulation targeting private sales of firearms Friday after the Department of Justice (DOJ) dropped its appeal. Acting Attorney General Todd Blanche revealed during an April 30 press conference that at least 34 rule changes would be published by the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF),…

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Kwara ADC condemns deregistration verdict, alleges plot to cripple opposition ahead of 2027

Kwara ADC condemns deregistration verdict, alleges plot to cripple opposition ahead of 2027

The Kwara State chapter of the African Democratic Congress (ADC) has strongly rejected the Federal High Court judgment ordering its deregistration alongside four other political parties, describing the ruling as a threat to democratic plurality and an attempt to weaken opposition voices ahead of the 2027 general elections. Justice Peter Lifu of the Federal High…

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