CBN Launches Nigeria Overnight Financing Rate: Governor Cardoso introduces NOFR, a secured overnight interbank financing rate, to align Nigeria with global best practices in benchmark rate reform.
Naira Holds Steady at ₦1,363/$: Official market stability in the ₦1,360 range, supported by reforms and improved forex supply, with parallel market rates at ₦1,400-₦1,405.
