FINANCIAL MARKETS TODAY – 18 March 2022
FIXED INCOME MARKET Money Markets Although Interbank system liquidity slightly improved with a credit balance of ca ₦380.78 billion as against the previous day’s opening balance of ca ₦326.39 billion, the Overnight Policy Rate (OPR) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 17 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity tapered today, opening with a balance of ca ₦326.39 billion, lower than the previous day’s opening balance of ca ₦464.16 billion. The money market rates moved in opposite directions as the…
FINANCIAL MARKETS TODAY – 16 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, with a credit balance of ca ₦464.16 billion, compared to the previous day’s opening balance of ca ₦298.42 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight…
INFLATION WATCH – FEBRUARY 2022
Surge in Energy prices drives Nigeria’s headline inflation rate to 15.70% Nigeria’s Consumer Price Index (CPI) for February 2022 expanded by 15.70% year-on-year, 10bps higher than January 2022 figures at 15.60% (matching the Bloomberg Consensus…
FINANCIAL MARKETS TODAY – 15 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ca ₦298.42 billion, higher than the previous day’s opening balance of ca ₦222.37 billion as coupon payments impacted the system. However, the overnight (ON) rate…
Monthly Financial Market Update – February 2022
Macroeconomic Review Sustained Growth in the Nigerian Economy, with Q4 2021 GDP at 3.98% year-on-year The Nigerian economy sustained its positive growth trajectory for the fifth consecutive quarter since the recession in 2020 as the economy recorded a…
FINANCIAL MARKETS TODAY – 14 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, opening with a credit balance of ₦222.37 billion, compared to Friday’s opening balance of ca ₦112.98 billion. However, the overnight (ON) rate remained unchanged at 5.00%, while…
FINANCIAL MARKETS TODAY – 11 March 2022
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 10 March 2022
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 09 March 2022
FIXED INCOME MARKET Money Markets …
