FINANCIAL MARKETS TODAY – 31 July 2025
System Liquidity System liquidity improved by ₦242.1bn to ₦1.5tn, barring significant funding activities. Funding rates were mixed, as the OPR fell 10bps to 26.4% while the Overnight rate inched up 10bps to 26.98%. Treasury Bills The NTB secondary market…
FINANCIAL MARKETS TODAY – 30 July 2025
System Liquidity Despite the ₦185.9bn bond settlement, the system liquidity increased by ₦155.7bn to ₦1.3tn, largely driven by ₦459.0bn increase in SDF. As such, the Overnight Policy Rate (OPR) sustained 26.5% level, while the Overnight (O/N) rate dipped…
FINANCIAL MARKETS TODAY – 29 July 2025
System Liquidity System liquidity dipped by ₦874.3bn to ₦1.1tn, largely driven by the settlement of the previous session’s OMO auction despite a coupon inflow of ₦41.3bn. However, the Overnight Policy Rate (OPR) closed flat at 26.50%, while the Overnight…
FINANCIAL MARKETS TODAY – 28 July 2025
System Liquidity System liquidity opened the day stronger, rising by ₦648.7bn to ₦1.99tn. However, the Overnight Policy Rate (OPR) closed flat at 26.50%, while the Overnight (O/N) rate inched up by 8bps to 27.00%. Treasury Bills The Treasury bills…
FINANCIAL MARKETS WEEKLY – 25 JULY 2025
System Liquidity Following FAAC inflow of about ₦850 billion and reduction in DMBs use of CBN’s SLF window, system liquidity improved significantly to ₦1.35 trillion at the end of the week. OPR dipped 583 bps to 26.50%, while O/N declined by 575bps…
FINANCIAL MARKETS TODAY – 24 July 2025
System Liquidity FAAC inflows and coupon payments improved the system liquidity significantly by ₦1.18 trillion. Funding rates dropped significantly, with the Overnight Policy Rate (OPR) falling by 475bps to 26.5%, and the Overnight (O/N) rate declining…
FINANCIAL MARKETS TODAY – 23 July 2025
System Liquidity System liquidity remains in deficit but improved by reduced SLF funding and coupon inflow. Funding rates funding rates moderated, with the OPR falling by 125bps to 31.25%, and O/N rate declining by 108bps to 31.67% Treasury Bills The…
FINANCIAL MARKETS TODAY – 22 July 2025
System Liquidity System liquidity remains in deficit despite the coupon inflow of about ₦74.34 billion. Funding rates were mixed, with OPR rosing 8bps to 32.50%, while the O/N shed 8bps to 32.75%. Treasury Bills The Treasury Bills secondary market…
MPC HIGHLIGHT – JULY 2025
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 301st meeting on July 21–22, 2025 and unanimously decided to retain all monetary policy parameters unchanged. This marks the third consecutive hold on the Monetary Policy…
Q1 2025 GDP Highlights
Rebased GDP Data: Nigeria Economy Kick-Start 2025 on Promising Note Amidst Mixed Sector Performance Nigeria’s economy grew by 3.13% YoY in Q1 2025, higher than the 2.27%growth recorded in Q1 2024 but slower than the 3.76% posted in Q4 2024.The economy…