Month: October 2024

Money Market System liquidity remained positive and improved despite today’s foreign exchange (FX) settlement. As a result, funding rates eased significantly. Specifically, the Overnight Policy Rate (OPR) decreased by 3.71%…

Money Market The financial system maintained relatively stable liquidity levels, leading to a reduction in funding rates due to the lack of significant funding pressure. Consequently, both the Overnight Policy…

Money Market System liquidity remained strong, although it saw a slight decline. This stability was mainly supported by inflows from the maturity of OMO totaling ₦325 billion, which offset the…

Money Market System liquidity improved today, bolstered by inflows from the FGN Bond coupon amounting to ₦259.35 billion. However, rates are still hovering around 27% due to the settlement related…

Money Market System liquidity improved slightly as FAAC credits have begun to come in gradually. However, the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) increased by 1.28% and…

Money Market System liquidity declined today due to the FGN bond auction debit. However, the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) fell by 1.95% and 1.83%, settling…

Money Market System liquidity showed a slight improvement but remained negative. Nonetheless, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) increased by 11 bps, closing at 32.36% and 32.61%,…

Money Market Opening system liquidity improved today, with fewer players exposed to CBN’s SLF window. As a result, funding rates experienced a slight decline. Specifically, the Open Repo Rate (OPR)…