CBN introduces NOFR as Nigeria’s new money market benchmark
By BizWatch Nigeria Finance Desk | April 17, 2026 Key Points Main Story The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), has introduced the Nigerian Overnight Financing Rate (NOFR) as the country’s new benchmark for the money market. The benchmark, announced in an official statement, is designed to … Continue reading CBN introduces NOFR as Nigeria’s new money market benchmark
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