Economy
CBN AND FINANCIAL MARKET DEALERS’ ASSOCIATION ANNOUNCE THE NIGERIAN OVERNIGHT FINANCING RATE (NOFR) AS NEW MONEY MARKET BENCHMARK
The Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), have announced the introduction of the Nigerian Overnight Financing Rate (NOFR), a standardized benchmark aimed at enhancing transparency, strengthening monetary policy transmission, and deepening Nigeria’s
17/04/2026
