FINANCIAL MARKETS TODAY – 03 December 2024
Money Market System liquidity improved further today due to additional inflows. Consequently, interbank rates eased further, with the Overnight Policy Rate (OPR) decreasing by 62 bps to 26.56% and the Overnight Rate (O/N) falling by 78 bps to 27.11%.…
FINANCIAL MARKETS TODAY – 02 December 2024
Money Market System liquidity improved significantly, supported by outstanding FAAC disbursements, remita inflows, and other inflows credited into the market. As a result, the interbank rates eased; specifically, the Overnight Policy Rate (OPR) decreased…
FINANCIAL MARKETS WEEKLY – 29 NOVEMBER 2024
Money Markets System liquidity started on a low note with a deficit of c.₦ 269 billion. It stayed in a deficit for most of the week, even with substantial inflows from FAAC. However, this was insufficient to enhance market liquidity significantly due to…