FINANCIAL MARKETS TODAY – 05 May 2025
System Liquidity System liquidity stayed robust above ₦1.2 trillion, maintaining interbank rate stability. Overnight Policy Rate (OPR) held at 26.50%, while Overnight Rate (O/N) rose 13bps to 26.96% due to moderate liquidity pressures. Treasury Bills The…
FINANCIAL MARKETS TODAY – 30 April 2025
System Liquidity Ample system liquidity around ₦1 trillion kept short-term rates steady. OPR remained flat at 26.50%, while the O/N rate eased slightly by 12bps to 26.83%. Treasury Bills The NTB market was slightly bullish, driven by strong liquidity.…
FINANCIAL MARKETS TODAY – 29 April 2025
System Liquidity Despite a ₦500bn OMO settlement, liquidity stayed strong. Interbank rates remained elevated, with OPR flat at 26.50% and O/N rate edging up to 26.95%, reflecting resilient system liquidity. Treasury Bills Bullish short-mid tenor demand…
FINANCIAL MARKETS TODAY – 28 April 2025
System Liquidity Interbank liquidity stayed strong, supported by ₦259.7 billion FGN bond coupon inflows. The OPR and O/N rates remained steady at 26.50% and 26.88%, respectively, reflecting stable market conditions. Treasury Bills The treasury bills…
FINANCIAL MARKETS TODAY – 24 April 2025
Despite a significant ₦714.38 billion outflow for NTB auction settlement, Nigeria’s interbank market maintained strong liquidity. This supported stable short-term interest rates, with the Overnight Policy Rate (OPR) holding at 26.50% and the Overnight…
FINANCIAL MARKETS TODAY – 23 April 2025
Money Market Interbank liquidity jumped significantly after yesterday’s triple inflow injection – FAAC allocations to local governments, FGN bond coupon payments, and substantial CBN Remita receipts – which more than offset FX…
FINANCIAL MARKETS TODAY – 22 April 2025
Money Market Ample system liquidity persisted as ₦145 billion in bond coupon payments balanced out CBN’s FX settlement outflows. This kept money market rates anchored near 26.5%, with the Overnight Policy Rate (OPR) easing to 26.50% (-5.10%) and…
FINANCIAL MARKETS TODAY – 16 April 2025
Money Market Interbank market liquidity tightened at today’s opening as funds were allocated to CBN FX settlements. This reduction in available liquidity prompted a modest upward adjustment in benchmark rates, with the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 15 April 2025
Money Market Interbank liquidity improved substantially at today’s opening, boosted by inflows from Remita and other state-related credits. This liquidity injection prompted a modest easing in interbank rates: the Overnight Policy Rate (OPR) fell 9…
FINANCIAL MARKETS TODAY – 14 April 2025
Money Market Interbank liquidity tightened at market open today, despite ₦28.11 billion in FGN Bond coupon inflows and CBN FX settlements. Interbank rates showed modest upward movement, with the Overnight Policy Rate (OPR) rising 9bps to 26.67% and the…
