FINANCIAL MARKETS TODAY –23 January 2024
FIXED INCOME MARKETS Money Market System liquidity started the day with a shortfall of ₦338.34 billion, an increase from the previous day’s deficit of c.₦131.62 billion. Despite the heightened liquidity…
FINANCIAL MARKETS TODAY –22 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity stayed negative today at -₦131.62 billion, from -c.₦527.96 billion recorded last Friday. Nevertheless, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS WEEKLY – 19 January 2024
FIXED INCOME MARKETS Money Markets This week, system liquidity declined, primarily attributed to OMO bills auction debit. Liquidity dropped from c.₦186.43 billion last Friday to -₦527.96 billion today. As a…
FINANCIAL MARKETS TODAY –18 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity improved today to a positive balance at ₦44.52 billion long, compared with -c.₦24.78 billion recorded yesterday. Nevertheless, the Open Repo Rate (OPR)…
FINANCIAL MARKETS TODAY –17 January 2024
FIXED INCOME MARKETS Money Market System liquidity slipped into the negative territory as it opened at -₦24.78 billion, compared with c.₦206.85 billion recorded yesterday. Consequently, the Open Repo Rate (OPR)…
FINANCIAL MARKETS TODAY –16 January 2024
FIXED INCOME MARKETS Money Market Opening system liquidity fell short at -₦93.15 billion, from ₦229.82 billion recorded yesterday. However, the Open Repo Rate (OPR) and Overnight Rate (O/N) declined by…
FINANCIAL MARKETS TODAY –15 January 2024
FIXED INCOME MARKETS Money Market System liquidity opened relatively higher at ₦229.82 billion, increasing by 23.27% from ₦186.43 billion recorded last Friday. Although, the Open Repo Rate (OPR) and Overnight…
INFLATION WATCH – DECEMBER 2023
Inflation Watch – Final Inflation print for 2023 remains elevated Nigeria’s headline inflation increased at 28.92% y/y in December, adding 0.72 percentage points from 28.20% y/y in November 2023, and…
FINANCIAL MARKETS WEEKLY – 12 January 2024
FIXED INCOME MARKETS Money Markets System liquidity opened the week at c. ₦812.76 billion. However, system liquidity fell by 78.39% week-on-week to ₦186.43 billion, compared to last week Friday, due…
FINANCIAL MARKETS TODAY –11 January 2024
FIXED INCOME MARKETS Money Market System liquidity opened significantly lower than yesterday’s balance, and from ₦46.67 billion long to ₦709.36 billion short. Accordingly, the Open Repo Rate (OPR) and Overnight…
