Category: Daily Market Report

Money Market Interbank liquidity started lower today after pending CRR debits were settled. Despite inflows for oil-producing states, market illiquidity persisted, keeping rates elevated. The Overnight Policy Rate (OPR) climbed…

Money Market Interbank liquidity improved slightly today but remained in negative territory due to last Friday’s CRR activity. However, interbank rates edged higher, with the Overnight Policy Rate (OPR) rising…

Money Market Interbank liquidity significantly improved today, but the market tightened following the CBN’s OMO auction. The CBN offered ₦600 billion across two long-dated papers, with subscriptions reaching ₦1.877 trillion…

Money Market Interbank liquidity saw a notable improvement and remained positive. However, the Overnight Policy Rate (OPR) rose by 8 bps to 26.50%, and the Overnight Rate (O/N) increased by…

Money Market Interbank liquidity stayed positive and stable, keeping interbank rates unchanged. The Overnight Policy Rate (OPR) and the Overnight Rate (O/N) held steady at 26.42% and 26.83%, respectively. Outlook:…

Money Market Interbank liquidity started the month positively, boosted by OMO maturities. As a result, interbank rates fell, with the Overnight Policy Rate (OPR) down 33 bps to 26.42% and…

Money Market Interbank liquidity saw some improvement today but stayed in negative territory. However, interbank rates rose, with the Overnight Policy Rate (OPR) increasing by 62 bps to 32.33% and…

Money Market Interbank liquidity dropped sharply today after the FGN bond auction settlement of approximately ₦910.30 billion. As a result, interbank rates surged, with the Overnight Policy Rate (OPR) climbing…

Money Market Interbank liquidity improved sharply today, turning positive after the credit of c.₦813.25 billion OMO maturities. Consequently, interbank rates eased, with the Overnight Policy Rate (OPR) dropping by 2.40%…

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,…