FINANCIAL MARKETS TODAY – 29 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity remains elevated, to open with a credit balance of ca ₦185.14 billion lower than Friday’s balance of ca ₦350.48 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 24 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity improved significantly today, to open with a credit balance of ca ₦350.48 billion higher than yesterday’s balance of ca -₦309.40 billion due to FAAC inflows. However, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 23 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity tapered further today, opening with a deficit balance of ca -₦309.40 billion significantly lower than yesterday’s balance of ca -₦1.25 billion. Nonetheless, the Overnight Policy Rate (OPR) and…
FINANCIAL MARKETS TODAY – 22 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit with an open balance of ca -₦1.25 billion, lower than yesterday’s opening balance of ca ₦55.20 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 20 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦30.57 billion, a slight improvement from Friday’s deficit balance of ca -₦24.36 billion. However, the Overnight Policy Rate (OPR) and Overnight (ON)…
INFLATION WATCH – NOVEMBER 2021
Nigeria’s Headline Inflation Figures: Sustained downward Trajectory The National Bureau of Statistics (NBS) confirmed in its monthly report, the nation’s Eighth consecutive month of disinflation, with the Consumer Price Index (CPI), which measures…
FINANCIAL MARKETS TODAY – 17 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity retracted to open with a deficit balance of ca -₦24.36 billion, lower than yesterday’s opening of ca ₦77.59 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 16 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦77.59 billion, a slight improvement from yesterday’s deficit balance of ca -₦65.10 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 15 December 2021
Macroeconomic Update Nigeria’s Consumer Price Index (CPI) for November dropped by 59bps, to settle at 15.40% year-on-year from October figures which were printed at 15.99%, as indicated in the reports released by the National Bureau of Statistics. The…
FINANCIAL MARKETS TODAY – 14 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit with an open balance of -ca ₦51.42billion, lower than yesterday’s opening balance of ca ₦120.38 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended…
