Nigerian Senate approves supplementary budget – 07 July 2021
The Nigerian Senate on 07 July 2021, approved the Federal Government’s request to borrow ca $6.1 billion (₦2.343 trillion) from Multilateral and Bilateral tenders as well as the international Capital Market. This borrowing, which was already approved in…
FINANCIAL MARKETS TODAY – 06 July 2021
System Liquidity opened with a balance of ca ₦205.76 billion today, higher than previous day’s opening of ca ₦170.94 billion, as inflows from OMO maturities impacted the system. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended lower…
FINANCIAL MARKETS TODAY – 05 July 2021
Banking system Liquidity Improved significantly, to open with ca ₦170.94 billion today, higher than Friday’s opening of ca -₦36.09 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to settle at 10.25% and 10.75% from…
FINANCIAL MARKETS TODAY – 02 July 2021
Liquidity in the banking system opened in a deficit of ca -₦36.09 billion today, lower than the previous day’s opening of ca ₦26.59 billion. As a result, the Open Buy Back (OBB) and Overnight (ON) rates trended slightly higher to settle at 12.00% and…
FINANCIAL MARKETS TODAY – 01 July 2021
Liquidity in the banking system opened at ca ₦26.59 billion, lower than previous day’s opening of ca ₦201.25 billion. However, with no significant funding activity the Open Buy Back (OBB) and Overnight (ON) rates remained unchanged at 11.50% and 12.00%,…
FINANCIAL MARKETS TODAY – 30 June 2021
Liquidity in the banking system opened at ca ₦201.25 billion, higher than previous day’s opening deficit balance of ca -₦1.57 billion.
FINANCIAL MARKETS TODAY – 29 June 2021
System liquidity opened in a deficit of ca -₦1.57 billion today, lower than the previous day’s opening of ca ₦44.89 billion.
