FINANCIAL MARKETS TODAY – 03 April 2025
Money Market Interbank liquidity stayed strong, pushing both the Overnight Policy Rate (OPR) and Overnight Rate (O/N) down by 8 bps to 26.42% and 26.88%, respectively. Outlook: Interbank rates are…
FINANCIAL MARKETS TODAY – 02 April 2025
Money Market Interbank liquidity remained robust, supported by ₦651 billion in OMO maturities, keeping rates stable—the Overnight Policy Rate (OPR) held at 26.50% and the Overnight Rate (O/N) at 26.96%.…
FINANCIAL MARKETS WEEKLY – 28 MARCH 2025
Money Markets The interbank market experienced notable liquidity fluctuations throughout the week. Early on, liquidity remained negative despite FAAC inflows, FGN bond maturities (₦562bn), and coupon payments (₦38bn), keeping the…
FINANCIAL MARKETS TODAY – 27 March 2025
Money Market Interbank liquidity surged into positive territory today, boosted by FGN bond coupon payments (₦164 billion) and NTB maturities (₦1.18 trillion), outweighing the ₦808.73 billion NTB auction settlement. This…
FINANCIAL MARKETS TODAY – 26 March 2025
Money Market Interbank liquidity deteriorated further today as the FGN bond auction settlement drained c.₦271 billion from the system. This pushed rates higher, with the Overnight Policy Rate (OPR) rising…
FINANCIAL MARKETS TODAY – 25 March 2025
Money Market Interbank liquidity improved notably today as yesterday’s FAAC inflows eased—but did not eliminate—the market’s prolonged liquidity crunch. With reduced funding pressure, rates declined: the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 24 March 2025
Money Market Interbank liquidity saw some improvement today but stayed in negative territory, even with inflows from FAAC disbursements, FGN bond maturities (~₦562 billion), and coupon payments (~₦38 billion). Despite…
FINANCIAL MARKETS WEEKLY – 21 MARCH 2025
Money Markets Interbank liquidity remained tight throughout the week, despite periodic inflows from FGN bond coupon payments. The market stayed in negative territory, keeping funding rates elevated. The week began…
FINANCIAL MARKETS TODAY – 20 March 2025
Money Market Interbank liquidity deteriorated further today, even with FGN coupon inflows of c.₦254.8 billion, as the NTB auction settlement drained liquidity from the system. This kept interbank rates elevated,…
FINANCIAL MARKETS TODAY – 19 March 2025
Money Market Interbank liquidity worsened today due to a lack of significant inflows, keeping rates elevated. The Overnight Policy Rate (OPR) and Overnight Rate (O/N) closed at 32.40% and 32.90%,…
