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CBN Introduces Nigerian Overnight Financing Rate as New Benchmark

The Central Bank of Nigeria (CBN), in partnership with the Financial Markets Dealers Association (FMDA), has unveiled the Nigerian Overnight Financing Rate (NOFR) as the country’s new money market benchmark.

Iran Closes Strait of Hormuz Again, Accuses US of Violations

Tensions in the Middle East escalated on Saturday as Iran announced the closure of the Strait of Hormuz, accusing the United States of violating prior agreements amid a continuing naval blockade.  

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CBN Introduces Nigerian Overnight Financing Rate as New Benchmark

The Central Bank of Nigeria (CBN), in partnership with the Financial Markets Dealers Association (FMDA), has unveiled the Nigerian Overnight Financing Rate (NOFR) as the country’s new money market benchmark.

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Fuel Prices vs Fares: Abuja’s Daily Battle for Survival, by Obamodi Oluwadamilola Faith

The worsening transport crisis in Abuja has turned the routine act of commuting into a daily struggle for survival.

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Renewed US-Iran Negotiations Push Oil Prices Higher

Renewed US-Iran Negotiations Push Oil Prices Higher Crude oil prices moved higher on Thursday, with WTI trading near $92 per...

Afreximbank Posts $1.15bn Profit as Assets Hit N56.7trn

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NGX Market Cap Increases by N1.66trn

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IMF Warns Nigeria Over Rising Debt Burden

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