Post by Proshare (@Proshare)
The Central Bank of Nigeria (CBN) and FMDA have officially launched the Nigerian Overnight Financing Rate (NOFR), a new standardised benchmark for the money market.
NOFR joins global benchmarks like SOFR, SONIA, and €STR, positioning Nigeria at the forefront of transparent and modern financial markets.
Read more: https://proshare.co/articles/cbn-and-fmda-introduce-the-nigerian-overnight-financing-rate-nofr?menu=Regulators&classification=Read&category=CBN
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