FINANCIAL MARKETS TODAY – 30TH December 2022
FIXED INCOME MARKETS Money Markets Interbank system liquidity opened lower with a credit balance of c.₦ 584.67billion, compared to yesterday’s opening balance of c.₦ 701.38 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 29th December 2022
FIXED INCOME MARKETS Money Markets Interbank system liquidity improved significantly to open at c.₦701.38 billion long, compared to yesterday’s opening balance of c.₦364.39 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 28 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of c. ₦ 364.39 billion, significantly lower compared to c. ₦ 679.93 billion recorded on Friday. Nonetheless, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 23 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦679.93 billion, compared to yesterday’s opening balance of ca ₦747.90 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) inched up to…
FINANCIAL MARKETS TODAY – 22 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦747.90 billion, significantly higher than yesterday’s opening balance of ca ₦163.77 billion, buoyed by FAAC inflows. Thus, the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 21 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦163.77 billion, compared to yesterday’s opening balance of ca ₦168.96 billion. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) inched up to…
FINANCIAL MARKETS TODAY – 20 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity further improved to open with a balance of ca ₦173.96 billion, compared to yesterday’s opening balance of ca ₦152.98 billion. Thus, the Overnight Policy Rate (OPR) declined to 7.50% from 9.50%…
FINANCIAL MARKETS TODAY – 19 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦152.98 billion, compared to Friday’s opening balance of ca ₦106.89 billion. Thus, the Open Buy Back (OBB) and Overnight (ON) rates trended lower to…
FINANCIAL MARKETS TODAY – 16 December 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened lower with a credit balance of ₦106.89 billion, compared to yesterday’s opening balance of ca ₦136.81 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight (ON) rate closed…
INFLATION WATCH – NOVEMBER 2022
Headline Inflation rose to 21.47% in November 2022 Nigeria’s inflation for November 2022 quickened to 21.47% Y-o-Y (Est. +21.30%), an increase of c.0.38% from 21.09% Y-o-Y recorded in October 2022. In addition, the headline inflation grew at 1.39% M-o-M…
