FINANCIAL MARKETS TODAY – 16 June 2025
System Liquidity CBN’s CRR debits and OMO auction significantly tightened liquidity. Despite oversubscription, interbank rates spiked, with OPR and O/N rising to 28.33% and 28.83% respectively. Treasury Bills Activity was muted as focus shifted to OMO…
INFLATION WATCH – May 2025
Inflation Watch – Nigeria’s Inflation Dips to 22.97% in May Nigeria’s inflation cooled further in May 2025, with the headline inflation rate falling to 22.97%, down from 23.71% in April. This marks the second consecutive month of…
FINANCIAL MARKETS WEEKLY – 13 JUNE 2025
System Liquidity Robust liquidity was driven by ₦363bn inflows from OMO, NTB maturities, and derivation funds. These offset CRR debits, stabilizing interbank rates. OPR held at 26.50%, while O/N rate inched up to 26.99%. Treasury Bills Trading was…
FINANCIAL MARKETS TODAY – 11 June 2025
System Liquidity Liquidity stayed healthy, with minimal funding stress keeping interbank rates steady. OPR held at 26.50% and O/N at 26.95%. Treasury Bills Bullish sentiment persisted, driven by demand for mid-to-long tenors. Trades focused on 4-Jun and…
Monthly Financial Market Update – May 2025
Global Macroeconomic Review United States:The US Federal Reserve maintained a cautious monetary stance throughout the period, holding its benchmark interest rate steady at 4.25%-4.50% as policymakers navigated complex economic crosscurrents. This…
FINANCIAL MARKETS TODAY – 10 June 2025
System Liquidity Interbank liquidity stayed stable, aided by ₦264bn OMO maturities despite CRR debits. Rates remained around 26.5%; OPR was flat at 26.50%, and O/N rate dipped 1bp to 26.95%. Treasury Bills T-Bills market activity was subdued, with few…
FINANCIAL MARKETS WEEKLY – 05 JUNE 2025
System Liquidity The CBN’s ₦1.51 trillion OMO allotment caused a ₦1.14 trillion liquidity withdrawal, reducing system liquidity to ₦706.49 billion. However, infrastructure inflows and bond coupon payments offered relief. OPR and O/N rates were stable,…
FINANCIAL MARKETS TODAY – 04 June 2025
System Liquidity Liquidity remained strong despite today’s ₦450bn NTB auction. OPR rose 8bps to 26.50%, while O/N dipped 4bps to 26.88%. Treasury Bills Trading was quiet as focus shifted to the ₦450bn NTB auction. Activity was limited, especially…
FINANCIAL MARKETS TODAY – 03 June 2025
System Liquidity Liquidity improved from OMO maturities, keeping interbank rates stable. The OPR eased 8bps to 26.42%, while the O/N rate dipped 2bps to 26.92%. Treasury Bills Trading remained muted with selective interest in mid-to-long tenors (Nov,…
FINANCIAL MARKETS TODAY – 02 June 2025
System Liquidity Liquidity improved from state infrastructure disbursements, supporting stable interbank rates. Despite a ₦600bn OMO auction, bids reached ₦1.53trn, with ₦1.51trn allotted. The OPR held at 26.50%, and the O/N rate closed at 26.94%.…
