FINANCIAL MARKETS WEEKLY – 28 JUNE 2024
FIXED INCOME MARKETS MONEY MARKETS Despite the multiple auctions held throughout the week, system liquidity remained in surplus. This was primarily due to the minimal size allotted at the auctions,…
FINANCIAL MARKETS TODAY – 27 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity declined by 5.63% to ₦535.58 billion from ₦567.50 billion recorded yesterday. Overall, the Open Repo Rate (OPR) remained unchanged at 23.68%, while…
FINANCIAL MARKETS TODAY – 26 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity eased to ₦567.50 billion from ₦921.73 billion recorded yesterday. Overall, the Open Repo Rate (OPR) increased by 23 bps to 23.68%, while…
FINANCIAL MARKETS TODAY – 25 June 2024
FIXED INCOME MARKETS MONEY MARKETS Opening system liquidity moderated by 3.13% to ₦921.73 billion from ₦951.51 billion reported yesterday. Overall, the Open Repo Rate (OPR) declined by 5 bps to…
FINANCIAL MARKETS TODAY – 24 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity improved further today to ₦951.51 billion, up from ₦712.07 billion reported last week Friday. Consequently, the Open Repo Rate (OPR) declined by 175…
FINANCIAL MARKETS WEEKLY – 21 JUNE 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity started the week with a surplus balance on Wednesday, mainly due to the early FAAC inflows. However, liquidity decreased to a negative balance…
FINANCIAL MARKETS TODAY – 20 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened short at -₦532.03 billion, down from ₦768.39 billion reported yesterday. Nevertheless, the Open Repo Rate (OPR) declined by 265 bps to 23.71%,…
FINANCIAL MARKETS TODAY – 19 June 2024
FIXED INCOME MARKETS MONEY MARKETS System liquidity opened positive today at ₦768.39 billion, up from ₦132.75 billion reported last week Friday. Nevertheless, the Open Repo Rate (OPR) rose by 73…
INFLATION WATCH – MAY 2024
Inflation Watch – Consumer Prices in Nigeria Bites Harder. In May, Nigeria’s headline inflation reached a new high at 33.95% year-on-year, up from 33.69% in April 2024 (Bloomberg’s estimate: 34.10%),…
FINANCIAL MARKETS WEEKLY – 14 JUNE 2024
FIXED INCOME MARKETS MONEY MARKETS Throughout the week, system liquidity remained negative, except for today, Friday. System liquidity opened at ₦132.75 billion, compared to -₦90.43 billion last week. The Open…
