Monthly Financial Market Update – April 2022
Macroeconomic Review Inflationary Pressures Mount as Nigeria’s CPI Hits 15.92% Y-o-Y Nigeria’s inflation rate accelerated to 15.92% in March 2022 (12bps higher than Bloomberg’s consensus estimate), representing a 22bps increase from 15.70% recorded in…
FINANCIAL MARKETS TODAY – 29 April 2022
FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight (ON) rate trended higher due to the bi-weekly retail FX auction, to settle at 12.25% and 12.50% from 11.00% and 11.75%, recorded the previous day. Treasury Bills The NTB…
FINANCIAL MARKETS TODAY – 28 April 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit of ca ₦235.78 billion today, compared to the previous day’s opening balance of ca ₦97.53billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 27 April 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ₦97.53 billion, compared to the previous day’s opening balance of ca ₦58.10 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight (ON) rates…
FINANCIAL MARKETS TODAY – 26 April 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ₦58.10 billion, lower than the previous day’s opening balance of ca ₦193.97 billion. However, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended lower to…
FINANCIAL MARKETS TODAY – 25 April 2022
FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight (ON) rates trended significantly higher to settle at 10.67% and 11.25% from 5.00% and 5.67%, recorded on Friday. Treasury Bills Sentiments in the NTB secondary market were…
FINANCIAL MARKETS TODAY – 22 April 2022
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FINANCIAL MARKETS TODAY – 21 April 2022
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FINANCIAL MARKETS TODAY – 20 April 2022
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FINANCIAL MARKETS TODAY – 19 April 2022
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