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…
FINANCIAL MARKETS TODAY – 21 July 2025
System Liquidity Despite a ₦90.59 billion bond coupon inflow, interbank liquidity remained tight. OPR rose 9bps to 32.42%, and O/N climbed 16bps to 32.83%. Treasury Bills Market activity was subdued ahead of Wednesday’s NTB auction and MPC meeting,…
FINANCIAL MARKETS WEEKLY – 18 JULY 2025
System Liquidity System liquidity remained tight due to AMCON and CBN FX settlements, deepening the market into a ₦724.74 billion debit. Despite a ₦65.36 billion bond coupon inflow, rates stayed high. OPR rose 83 bps to 32.33%, while O/N increased 50 bps…
FINANCIAL MARKETS TODAY – 17 July 2025
System Liquidity Tight interbank liquidity persisted following CBN FX settlements and bank obligations. Rates stayed elevated with OPR and O/N rates climbing to 32.42% and 32.75%. Treasury Bills T-Bills traded quietly but with bearish sentiment, driven…
FINANCIAL MARKETS TODAY – 16 July 2025
System Liquidity Liquidity remained tight, keeping interbank rates elevated. The Overnight Policy Rate (OPR) edged up by 8bps to 32.25%, while the Overnight (O/N) rate dipped slightly by 9bps to 32.58%. Treasury Bills T-bills market was quiet with low…
INFLATION WATCH – June 2025
Inflation Watch – Nigeria’s Inflation Falls to 22.22% in June, Third Monthly Drop Nigeria’s inflation rate declined for the third consecutive month in June 2025, settling at 22.22% y/y. This represents a drop from 22.97% recorded in May, according…
FINANCIAL MARKETS TODAY – 14 July 2025
System Liquidity Liquidity tightened as banks settled AMCON obligations, deepening the market’s debit position. Interbank rates remained elevated, with OPR rising by 67bps to 32.17% and O/N increasing by 50bps to 32.67%. Treasury Bills T-bills…
FINANCIAL MARKETS WEEKLY – 11 JULY 2025
System Liquidity Liquidity conditions worsened due to CRR debits, a massive ₦1.25tn OMO auction, and CBN FX settlements. Despite temporary relief from NTB redemptions and FPI inflows, interbank rates rose sharply. OPR surged 467bps w/w to 31.50%, while…
FINANCIAL MARKETS TODAY – 10 July 2025
System Liquidity FPI inflows and NTB maturities eased tight liquidity from the ₦1.2tn OMO settlement. OPR dropped 25bps to 29.50%, O/N dipped 34bps to 30.08%, keeping rates within the 29–30% range. Treasury Bills Trading was active, focused on…
