INFLATION WATCH – December 2024
Inflation Watch – Nigeria’s Inflation Peaks at 34.80% in December 2024 Amid Festive Demand Surge In December 2024, Nigeria’s inflation rate rose to 34.80% y/y, an increase from 34.60% in…
FINANCIAL MARKETS TODAY – 14 January 2025
Money Market System liquidity improved due to OMO maturities and substantial Remita inflows, although it remained in negative territory. Despite this, interbank rates stayed elevated. Specifically, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 13 January 2025
Money Market System liquidity significantly declined into negative territory today, starting the week on a lower note due to outflows from net CRR debit activities and swap rollovers last Friday.…
FINANCIAL MARKETS WEEKLY – 10 JANUARY 2025
Money Markets System liquidity oscillated throughout the week, beginning with a dip due to a late CRR event, followed by a rise from CRR refunds and OMO maturities inflow (₦300…
FINANCIAL MARKETS TODAY – 09 January 2025
Money Market System liquidity opened lower today, entering negative territory due to the net settlement of the NTB auction winnings. As a result, interbank rates rose significantly. Specifically, the Overnight…
FINANCIAL MARKETS TODAY – 08 January 2025
Money Market System liquidity opened lower following the settlement of the OMO auction winnings. However, interbank rates decreased due to a lack of funding pressure. The Overnight Policy Rate (OPR)…
Monthly Financial Market Update – December 2024
Global Macroeconomic Review United States: In November 2024, the U.S. economy demonstrated remarkable resilience by adding 227,000 jobs, a substantial recovery from October’s revised figure of 36,000. The previous month’s…
FINANCIAL MARKETS TODAY – 07 January 2025
Money Market System liquidity opened notably higher due to inflows from CRR refunds and OMO maturities (c.₦300 billion) today. To regulate the money supply, the CBN offered and sold a…
FINANCIAL MARKETS TODAY – 06 January 2025
Money Market System liquidity opened lower but remained in positive territory. This decrease was due to the late CRR event that occurred last Friday. Nevertheless, in the absence of any…
FINANCIAL MARKETS WEEKLY – 03 JANUARY 2025
Money Markets This week, system liquidity experienced fluctuations. It began with significant inflows from Remita, which helped drive interbank rates lower, with the Overnight Policy Rate (OPR) falling to 26.50%…
