Category: Daily Market Report

Money Market System liquidity experienced a notable improvement, driven by inflows from derivatives, the signature Bonus, and other disbursements from the CBN. Consequently, interbank rates eased significantly, with the Overnight…

Money Market System liquidity improved as additional FAAC inflows were credited to the system. However, the system remained in a deficit. As a result, interbank rates remained elevated, with the…

Money Market System liquidity continued to be negative but experienced some relief as statutory revenue inflows helped alleviate the illiquidity. However, interbank rates stayed high due to the FGN bond…

Money Market Liquidity in the system showed some improvement but was still negative. Consequently, interbank rates remained high, with the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) settling…

Money Market System liquidity remained negative despite some inflows, including the signature bonus. Consequently, interbank rates continued to be elevated, with the Overnight Policy Rate (OPR) and the Overnight Rate…

Money Market System liquidity deteriorated today following the net NTB auction settlement of ₦252.17 billion today. As a result, interbank rates remained elevated. Specifically, the Overnight Policy Rate (OPR) and…

Money Market System liquidity remained negative as more deposit money banks (DMBs) continued to rely heavily on the Central Bank of Nigeria’s (CBN’s) standing lending facility (SLF) window to fund…

Money Market System liquidity fell deeper into negative territory, primarily due to yesterday’s OMO auction settlement debit of ₦1.559 trillion. As a result, interbank rates rose further, with the Overnight…

Money Market The week began with a deficit in system liquidity, attributed to the debit of ₦772.93 billion from the OMO auction settlement and CBN’s CRR operations last Friday. This…

Money Market System liquidity remained strong but experienced a slight decline due to the settlement of the NTB auction (net debit of ₦173.44 billion). Consequently, interbank rates increased, with the…