Monthly Financial Market Update – January 2025
Global Macroeconomic Review United States: The U.S. economy entered 2025 with strong momentum, reflected in the surging U.S. dollar, robust labor market performance, and persistent inflation concerns. The dollar soared to a two-year high as the Federal…
FINANCIAL MARKETS TODAY – 05 February 2025
Money Market Interbank liquidity opened significantly lower today, plunging into negative territory, which led to a notable rise in interbank rates. The Overnight Policy Rate (OPR) increased by 3.50%, settling at 31.50%, while the Overnight Rate (O/N)…
FINANCIAL MARKETS TODAY – 04 February 2025
Money Market Interbank liquidity opened significantly higher today, driven by increased inflows into the system. As a result, interbank rates eased notably. The Overnight Policy Rate (OPR) declined by 4.07% to settle at 28.00%, while the Overnight Rate…
FINANCIAL MARKETS TODAY – 03 February 2025
Money Market Today, opening interbank liquidity fell into negative territory, primarily due to the settlement of ₦1 trillion OMO auction allotment last Friday, along with some CRR deductions. This situation resulted in an increase in interbank rates. In…