It is no longer news that the London Interbank Offered Rate is being phased out and replaced by the Secured Overnight Financing Rate as the preferred benchmark rate for US dollar-denominated financial transactions.
In this article, our Senior Associate, Amarachi Oji, explores the implications of this transition for Nigerian corporates.
Read here - https://lnkd.in/gJYcvV4b
#GElias #LIBOR #SOFR #Dollar #Naira #Coprorate #Finance
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