Category: Daily Market Report

Money Market Interbank liquidity jumped significantly after yesterday’s triple inflow injection – FAAC allocations to local governments, FGN bond coupon payments, and substantial CBN Remita receipts – which more than…

Money Market Ample system liquidity persisted as ₦145 billion in bond coupon payments balanced out CBN’s FX settlement outflows. This kept money market rates anchored near 26.5%, with the Overnight…

Money Market Interbank market liquidity tightened at today’s opening as funds were allocated to CBN FX settlements. This reduction in available liquidity prompted a modest upward adjustment in benchmark rates,…

Money Market Interbank liquidity improved substantially at today’s opening, boosted by inflows from Remita and other state-related credits. This liquidity injection prompted a modest easing in interbank rates: the Overnight…

Money Market Interbank liquidity tightened at market open today, despite ₦28.11 billion in FGN Bond coupon inflows and CBN FX settlements. Interbank rates showed modest upward movement, with the Overnight…

Money Market Interbank liquidity tightened sharply today after NTB auction settlements and substantial CBN FX outflows, pushing the Overnight Policy Rate (OPR) up 33bps to 26.83% and Overnight Rate (O/N)…

Money Market Interbank liquidity opened lower at ~₦341 billion but maintained a positive balance. Rates showed no material movement, as the Overnight Policy Rate (OPR) stabilized at 26.50% while the…

Money Market Interbank liquidity stayed strong despite a modest decline to ~₦757 billion, keeping rates steady—the Overnight Policy Rate (OPR) at 26.50% and Overnight Rate (O/N) at 26.94%. Outlook: Interbank…

Money Market Interbank liquidity remained robust, exceeding ₦900 billion in surplus, keeping rates stable—the Overnight Policy Rate (OPR) held at 26.50% and the Overnight Rate (O/N) at 26.95%. Outlook: Interbank…

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…