FINANCIAL MARKETS TODAY – 04 March 2025
Money Market Interbank liquidity stayed positive and stable, keeping interbank rates unchanged. The Overnight Policy Rate (OPR) and the Overnight Rate (O/N) held steady at 26.42% and 26.83%, respectively. Outlook: We anticipate interbank rates will hold…
FINANCIAL MARKETS TODAY – 03 March 2025
Money Market Interbank liquidity started the month positively, boosted by OMO maturities. As a result, interbank rates fell, with the Overnight Policy Rate (OPR) down 33 bps to 26.42% and the Overnight Rate (O/N) dropping 50 bps to 26.83%. Outlook: We…
FINANCIAL MARKETS TODAY – 27 February 2025
Money Market Interbank liquidity saw some improvement today but stayed in negative territory. However, interbank rates rose, with the Overnight Policy Rate (OPR) increasing by 62 bps to 32.33% and the Overnight Rate (O/N) rising by 54 bps to 32.75%.…
FINANCIAL MARKETS TODAY – 26 February 2025
Money Market Interbank liquidity dropped sharply today after the FGN bond auction settlement of approximately ₦910.30 billion. As a result, interbank rates surged, with the Overnight Policy Rate (OPR) climbing by 1.71% to 31.71% and the Overnight Rate…
FINANCIAL MARKETS TODAY – 25 February 2025
Money Market Interbank liquidity improved sharply today, turning positive after the credit of c.₦813.25 billion OMO maturities. Consequently, interbank rates eased, with the Overnight Policy Rate (OPR) dropping by 2.40% to 30.00% and the Overnight Rate…
FINANCIAL MARKETS TODAY – 24 February 2025
Money Market Interbank liquidity showed slight improvement at the opening but remained in negative territory, even after the net credit from the NTB auction settlement. Consequently, interbank rates remained elevated, with the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 20 February 2025
Money Market Interbank liquidity showed slight improvement at the opening but remained in negative territory, even after the net credit from the NTB auction settlement. Consequently, interbank rates remained elevated, with the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 19 February 2025
Money Market Interbank liquidity worsened further, sinking deeper into negative territory, highlighting the ongoing liquidity crunch in the financial system. As a result, interbank rates stayed high, with the Overnight Policy Rate (OPR) and the Overnight…
FINANCIAL MARKETS TODAY – 18 February 2025
Money Market Interbank liquidity deteriorated further, deepening into negative territory, which underscores the persistent illiquidity in the financial system. Nonetheless, interbank rates experienced a marginal decline, with the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 17 February 2025
Money Market Interbank liquidity remained negative, reflecting ongoing illiquidity within the financial system. Consequently, interbank rates remained high. The Overnight Policy Rate (OPR) and the Overnight Rate (O/N) were recorded at 32.45% and 32.80%,…
