FINANCIAL MARKETS TODAY – 30 January 2025
Money Market Interbank liquidity increased today due to the inflow of pending FAAC credits into the system. As a result, interbank rates decreased. Specifically, the Overnight Policy Rate (OPR) fell…
FINANCIAL MARKETS TODAY – 29 January 2025
Money Market Interbank liquidity decreased today due to the settlement of the FGN bond auction winnings, which totaled c.₦606 billion. As a result, interbank rates rose. Specifically, the Overnight Policy…
FINANCIAL MARKETS TODAY – 28 January 2025
Money Market Interbank liquidity continued to improve today, bolstered by inflows via CRR credits and OMO maturities, thus leading to a further easing in interbank rates. Specifically, the Overnight Policy…
FINANCIAL MARKETS TODAY – 27 January 2025
Money Market Interbank liquidity continued to improve today, leading to a further easing in interbank rates. Specifically, the Overnight Policy Rate (OPR) fell by 0.42% to 26.58%, while the Overnight…
FINANCIAL MARKETS TODAY – 23 January 2025
Money Market Interbank liquidity showed a marginal improvement but continued to operate at a deficit, affected by the net NTB settlement debit of around ₦518.93 billion, which constrained market liquidity…
FINANCIAL MARKETS TODAY – 22 January 2025
Money Market Interbank liquidity started off lower, dipping into negative territory. However, as the day progressed, liquidity improved significantly due to the deposit of some FAAC payments and bond coupons.…
FINANCIAL MARKETS TODAY – 21 January 2025
Money Market Interbank liquidity experienced a significant recovery due to inflows from Remita, Net Cash Reserve Ratio (CRR) credits, and FGN bond coupons. Consequently, interbank rates decreased. Specifically, the Overnight…
FINANCIAL MARKETS TODAY – 20 January 2025
Money Market Interbank liquidity improved slightly due to inflows from the FGN bond coupon amounting to c.₦66 billion. However, this was not enough to shift liquidity into positive territory, as…
FINANCIAL MARKETS TODAY – 16 January 2025
Money Market The liquidity within the interbank system showed some improvement, although it continues to be negative. Consequently, in the absence of any significant catalysts, interbank rates remained elevated. Specifically,…
FINANCIAL MARKETS TODAY – 15 January 2025
Money Market Opening system liquidity experienced a decline today, moving further into negative territory, as outflows related to foreign exchange settlements and remita transactions contributed to further depletion of liquidity.…
