FINANCIAL MARKETS TODAY – 21 January 2022
FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight (ON) rates trended higher to settle at 15.00% and 15.25% from 11.00% and 11.50%, on the back of…
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FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight (ON) rates trended higher to settle at 15.00% and 15.25% from 11.00% and 11.50%, on the back of…
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit, opening with a balance of ca -₦5.77 billion, lower than yesterday’s balance of ca ₦37.29 billion. Nonetheless, the…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the day with a credit balance of ca ₦37.29 billion, albeit lower than yesterday’s balance of ₦60.78 billion. Thus, the Overnight…
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today (buoyed by OMO maturities worth ca ₦130 billion and coupon inflows – ca ₦65 billion), opening with a credit balance…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a negative balance of ca -₦34.01 billion, lower than Friday’s balance of ca ₦39.81 billion. Thus, the Overnight…
Nigeria’s Headline Inflation Figures: A change in trajectory Nigeria’s Consumer Price Index (CPI) for December 2021 expanded by 15.63% year-on-year, up from 15.40% recorded in November 2021, following 8 consecutive…
FIXED INCOME MARKET Money Markets Interbank system liquidity improved slightly today, opening with a deficit balance of ca ₦39.82 billion, higher than previous day’s opening deficit balance of ca ₦76.41…
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into negative territory for the second time this week, opening with a deficit balance of ca ₦76.41 billion, lower than previous…
FIXED INCOME MARKET Money Markets Interbank system liquidity recovered slightly today, opening with a balance of ca ₦47.41 billion, higher than previous day’s opening deficit balance of ca ₦74.98 billion.…
FIXED INCOME MARKET Money Markets Interbank system liquidity nosedived to negative territory, opening with a deficit balance of ca ₦74.98 billion, lower than previous day’s balance of ca ₦30.06 billion.…