Category: Daily Market Report

Money Market System liquidity opened the year on a positive note, and in the absence of any major funding need, interbank rates remained relatively stable. Specifically, the Overnight Policy Rate…

Money Markets System liquidity started off negative after the OMO auction settlement and net CRR debit activities from yesterday. As a result, interbank rates increased, with the Overnight Policy Rate…

Money Markets Liquidity in the system started much higher today, driven by significant Remita inflows from Friday. Consequently, interbank rates saw a slight decline, with the Overnight Policy Rate (OPR)…

Money Market System liquidity declined despite the FAAC disbursements, as the CBN conducted CRR debit activities yesterday, which reduced liquidity. However, interbank rates eased. The Overnight Policy Rate (OPR) fell…

Money Market System liquidity experienced a notable improvement, driven by inflows from derivatives, the signature Bonus, and other disbursements from the CBN. Consequently, interbank rates eased significantly, with the Overnight…

Money Market System liquidity improved as additional FAAC inflows were credited to the system. However, the system remained in a deficit. As a result, interbank rates remained elevated, with the…

Money Market System liquidity continued to be negative but experienced some relief as statutory revenue inflows helped alleviate the illiquidity. However, interbank rates stayed high due to the FGN bond…

Money Market Liquidity in the system showed some improvement but was still negative. Consequently, interbank rates remained high, with the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) settling…

Money Market System liquidity remained negative despite some inflows, including the signature bonus. Consequently, interbank rates continued to be elevated, with the Overnight Policy Rate (OPR) and the Overnight Rate…

Money Market System liquidity deteriorated today following the net NTB auction settlement of ₦252.17 billion today. As a result, interbank rates remained elevated. Specifically, the Overnight Policy Rate (OPR) and…