INFLATION WATCH – NOVEMBER 2021
Nigeria’s Headline Inflation Figures: Sustained downward Trajectory The National Bureau of Statistics (NBS) confirmed in its monthly report, the nation’s Eighth consecutive month of disinflation, with the Consumer Price Index (CPI), which measures…
FINANCIAL MARKETS TODAY – 17 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity retracted to open with a deficit balance of ca -₦24.36 billion, lower than yesterday’s opening of ca ₦77.59 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 16 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦77.59 billion, a slight improvement from yesterday’s deficit balance of ca -₦65.10 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 15 December 2021
Macroeconomic Update Nigeria’s Consumer Price Index (CPI) for November dropped by 59bps, to settle at 15.40% year-on-year from October figures which were printed at 15.99%, as indicated in the reports released by the National Bureau of Statistics. The…
FINANCIAL MARKETS TODAY – 14 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit with an open balance of -ca ₦51.42billion, lower than yesterday’s opening balance of ca ₦120.38 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 13 December 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦120.38 billion, albeit lower than Friday’s opening balance of ca ₦192.51 billion. However, with no significant funding activity, the Open Buy Back…
FINANCIAL MARKETS TODAY – 10 December 2021
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 09 December 2021
FIXED INCOME MARKET Money Markets …
Monthly Financial Market Update – November 2021
Macroeconomic Review Sustained Growth in the Nigerian Economy, with Q3 2021 GDP at 4.03% year-on-year Nigeria sustained its growth trajectory for the fourth consecutive quarter, as the economy recorded a real growth rate of 4.03% year-on-year in Q3 2021.…
FINANCIAL MARKETS TODAY – 08 December 2021
FIXED INCOME MARKET Money Markets …
