
CBN Launches NOFR as Nigeria’s New Money Market Benchmark, Phasing Out OBB and OVN Rates
The Central Bank of Nigeria, in collaboration with the Financial Markets Dealers Association, has introduced the Nigerian Overnight Financing Rate

The Central Bank of Nigeria, in collaboration with the Financial Markets Dealers Association, has introduced the Nigerian Overnight Financing Rate

Recent slides in the official exchange rate of the Naira and the dramatic widening of the parallel market premium signaled

While domestic debt remains a large share of Nigeria’s rising debt, there has been a growing reliance on external loans

The Central Bank of Nigeria (CBN) this week approved the release of banks’ excess Cash Reserve Ratio (CRR) as part

International rating organisation, Fitch Ratings has said that foreign exchange liquidity and dollar shortage pose significant risks to the ratings

There are growing concerns about Nigeria’s fiscal situation. Key sources of concern are the country’s dwindling revenues, soaring deficits, growing






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