Collector
CBN, financial markets dealers introduce new money market benchmark | Collector
CBN, financial markets dealers introduce new money market benchmark
Daily Trust

CBN, financial markets dealers introduce new money market benchmark

The Central Bank of Nigeria and Financial Markets Dealers Associations have introduced the Nigerian Overnight Financing Rate (NFOR), as the new money market benchmark to ensure consistent pricing of money market instruments. The apex bank disclosed this Friday in a circular signed by its Acting Director, Corporate Communication, Mrs. Hakama Ali. “The Central Bank of […]

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