FINANCIAL MARKETS WEEKLY – 02 June 2023
FIXED INCOME MARKETS Money Markets Due to the absence of significant flows, opening system liquidity swung at close-range levels this week, as we recorded only 17bps decline to ₦230.13 billion,…
FINANCIAL MARKETS TODAY –02 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c. ₦230.13 billion long, compared with the opening balance of ₦162.63 billion long, recorded yesterday. Consequently, the Open Repo Rate…
FINANCIAL MARKETS TODAY –01 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c. ₦162.63 billion long, compared with the opening balance of ₦114.79 billion long, recorded yesterday. Consequently, the Open Repo Rate…
FINANCIAL MARKETS TODAY –31 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦114.79 billion long, compared with the opening balance of ₦229.11 billion long, recorded yesterday. Nonetheless, the Open Repo Rate…
FINANCIAL MARKETS TODAY –30 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦229.11 billion long, compared with the opening balance of ₦278.44 billion long, recorded last week Friday. Consequently, both the…
FINANCIAL MARKETS WEEKLY –26 May 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased this week following the influx of FAAC monthly disbursement at the early part of the week. For context, system liquidity increased…
FINANCIAL MARKETS TODAY –26 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦278.44 billion long, compared with the opening balance of ₦489.03 billion long, recorded yesterday. Consequently, both the Open Repo…
MPC HIGHLIGHT – MAY 2023
The Monetary Policy Committee (MPC) concluded its 2-day meeting today and raised the benchmark interest rate by 50bps to 18.50%. Please see below, a summary of the committee’s decisions: –…
FINANCIAL MARKETS TODAY –25 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity decreased to c. ₦489.03 billion long, compared with the opening balance of ₦531.32 billion long, recorded yesterday. Consequently, the Open Repo Rate…
Q1 2023 GDP Highlights
NIGERIA’S GDP GREW BY 2.31% IN Q1’2023 Nigeria’s Q1 2023 Gross Domestic Product (GDP) grew by 2.31% Y-o-Y, lower than the 2.85% estimate. Although, the growth rate was lower than…
