FINANCIAL MARKETS TODAY – 24 February 2025
Money Market Interbank liquidity showed slight improvement at the opening but remained in negative territory, even after the net credit from the NTB auction settlement. Consequently, interbank rates remained elevated, with the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS WEEKLY – 21 FEBRUARY 2025
Money Markets Interbank liquidity remained negative throughout the week, reflecting persistent illiquidity in the financial system. Despite some marginal fluctuations, interbank rates stayed elevated, with the Overnight Policy Rate (OPR) and Overnight…
FINANCIAL MARKETS TODAY – 20 February 2025
Money Market Interbank liquidity showed slight improvement at the opening but remained in negative territory, even after the net credit from the NTB auction settlement. Consequently, interbank rates remained elevated, with the Overnight Policy Rate (OPR)…
MPC HIGHLIGHT – FEBRUARY 2025
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its first meeting for 2025 on February 19–20, 2025 and unanimously voted to retain all monetary policy parameters unchanged. This decision reflects a cautious approach amid…
FINANCIAL MARKETS TODAY – 19 February 2025
Money Market Interbank liquidity worsened further, sinking deeper into negative territory, highlighting the ongoing liquidity crunch in the financial system. As a result, interbank rates stayed high, with the Overnight Policy Rate (OPR) and the Overnight…
FINANCIAL MARKETS TODAY – 18 February 2025
Money Market Interbank liquidity deteriorated further, deepening into negative territory, which underscores the persistent illiquidity in the financial system. Nonetheless, interbank rates experienced a marginal decline, with the Overnight Policy Rate…
INFLATION WATCH – January 2025
Inflation Watch – Rebased CPI Drives Nigeria’s Inflation Down to 24.48% in January 2025 In January 2025, Nigeria’s headline inflation rate fell to 24.48% year-on-year (y/y), a notable decrease from the 34.80% recorded in December 2024. This…
FINANCIAL MARKETS TODAY – 17 February 2025
Money Market Interbank liquidity remained negative, reflecting ongoing illiquidity within the financial system. Consequently, interbank rates remained high. The Overnight Policy Rate (OPR) and the Overnight Rate (O/N) were recorded at 32.45% and 32.80%,…
FINANCIAL MARKETS WEEKLY – 14 FEBRUARY 2025
Money Markets The interbank market remained deeply negative throughout the week due to persistent illiquidity. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) hovered above 32.0%, reflecting the tight liquidity conditions. Midweek,…
FINANCIAL MARKETS TODAY – 13 February 2025
Money Market Interbank liquidity improved at the start of the day but remained in a deep deficit. Conditions worsened after the settlement of the OMO auction, which withdrew approximately ₦1.39 trillion from the system, keeping rates above 32.0%. By the…
