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FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a positive balance of c.₦269.80 billion, compared to yesterday’s opening balance of c.₦ 195.5 billion. Consequently, the Overnight Policy Rate (OPR)…
NIGERIA’S GDP GREW BY 3.10% IN 2022 •Nigeria’s Q4 2022 and full year 2022 Gross Domestic Product (GDP) performance reflected a rare silver lining amid the soaring inflationary pressures and…
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a positive balance of c.₦195.5 billion, compared to yesterday’s negative opening balance of c.₦ 22.1billion. Consequently, the Overnight Policy Rate (OPR)…
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a negative balance of c.₦ 22.1 billion, slightly improved when compared to yesterday’s negative balance of c.₦ 57.8 billion. Consequently, the…
FIXED INCOME MARKETS Money Markets Opening system liquidity recorded a negative balance of c.₦ 57.8 billion compared to yesterday’s opening balance of c.₦ 156.6 billion. Consequently, the Overnight Policy Rate…
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to c.₦156.6 billion compared to yesterday’s opening balance of c.₦88.6 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to c.₦88.6 billion compared to yesterday’s opening balance of c.₦-176.6 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
FIXED INCOME MARKETS Money Markets Opening system liquidity fell to c.₦-176.6 billion compared to yesterday’s opening balance of c.₦ 566.5 billion, due to the FGN bond auction settlement. Consequently, the…
Inflation still on the rise, no end in sight. Nigeria’s inflation for January 2023 nudged upward to 21.82% Y-o-Y (Est. +21.30%), an increase of c.0.48% from 21.34% Y-o-Y recorded in…
Macroeconomic Review Nigeria’s inflation – About time for “law of gravity”? After the sustained increase in Nigeria’s inflation for the most part of 2022, Dec’2022 inflation turned out to be…
