Tag: Investor Confidence
CBN Launches NOFAR to Boost Transparency
Nigeria’s Central Bank has unveiled a new benchmark interest rate, the Nigerian Overnight Financing Rate (NOFAR), in a move officials say will deepen financial...
Naira Appreciates in Parallel Market, Weakens in Official Trading
LAGOS, Nigeria (FN), The naira showed mixed fortunes on Monday, appreciating slightly in the parallel market but weakening in official trading. Dealers said the...
