Category: Daily Market Report

Money Market Increased inflows improved interbank liquidity further today. As a result, interbank rates relaxed further, with the Overnight Policy Rate (OPR) dropping by 20 bps to 26.36% and the…

Money Market System liquidity improved further today due to additional inflows. Consequently, interbank rates eased further, with the Overnight Policy Rate (OPR) decreasing by 62 bps to 26.56% and the…

Money Market System liquidity improved significantly, supported by outstanding FAAC disbursements, remita inflows, and other inflows credited into the market. As a result, the interbank rates eased; specifically, the Overnight…

Money Market System liquidity improved significantly today, supported by FAAC inflows. However, the illiquidity in the interbank market continued, as it remained in the deficit region. Overall, interbank rates experienced…

Money Market System liquidity improved slightly but continued to be negative. As a result, interbank rates remained elevated, with the Overnight Policy Rate (OPR) falling by 22 bps to 31.78%…

Money Market System liquidity fell deeper into negative territory. Consequently, interbank rates stayed high, with the Overnight Policy Rate (OPR) settling at 32.00%, while the Overnight Rate (O/N) rose by…

Money Market System liquidity remained weak and continued to be negative, although there was a slight improvement compared to the closing figures from the previous week. As a result, the…

Money Market Liquidity in the system weakened due to the settlement of the NTB auction which resulted in a net debit of ₦83.04 billion. As a result, interbank rates rose…

Money Market System liquidity declined significantly today due to the settlement of the FGN bond auction winnings, which amounted to c.₦346 billion, and the CBN’s FX intervention settlement. As a…

Money Market Today, system liquidity decreased but maintained a fairly liquid position, bolstered slightly by Swap maturities and OMO maturities of c.₦6.38 billion, despite the settlement of CBN’s FX interventions.…