FINANCIAL MARKETS TODAY –19 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly lower at ca ₦25.50 billion long ( due to last week’s Retail FX auction and CRR debits), compared to ca…
FINANCIAL MARKETS TODAY –16 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦236.67 billion, slightly lower than the previous day’s opening of c.₦297.92 billion. Thus, the Overnight…
INFLATION WATCH – AUGUST 2022
Headline Inflation rose to 20.52% in August 2022 Nigeria’s Consumer Price Index (CPI) for the month of August 2022 hit a fresh 17-year high as it accelerated to 20.52% Y-o-Y…
FINANCIAL MARKETS TODAY –15 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity remained buoyant, with a balance of c.₦297.92 billion, up from yesterday’s position of c.₦269.25 billion. Thus, the Overnight Policy Rate (OPR) stayed…
FINANCIAL MARKETS TODAY –14 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher today with a balance of ca ₦269.25 billion, compared to yesterday’s opening balance of ca ₦225.87 billion. Thus, the Overnight…
FINANCIAL MARKETS TODAY –13 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened higher today with a balance of ca ₦225.87 billion (buoyed by OMO maturity of ₦35billion), compared to yesterday’s opening balance of…
FINANCIAL MARKETS TODAY –12 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity began the week with a credit balance of ca ₦33.01 billion, a decline from Friday’s balance of ca ₦101.68 billion. Thus, the…
FINANCIAL MARKETS TODAY – 9 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ca ₦101.68 billion, significantly higher than yesterday’s opening balance of ca ₦58.82 billion. Thus, the Overnight Policy…
FINANCIAL MARKETS TODAY – 8 September 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened c.₦66.19billion long amid today’s NTB Auction settlement, compared to c.₦54.40 billion reported the previous day. Consequently, the Overnight Policy Rate (OPR)…
Monthly Financial Market Update – September 2022
Macroeconomic Review CBN hikes benchmark interest rate to 15.50% as inflation accelerates to 20.52% in August At the penultimate Monetary Policy Committee (MPC) meeting for 2022, the Committee voted unanimously…
