Category: Daily Market Report

Money Market Liquidity in the financial system remained very tight as it further plunged into negative territory today. Funding costs across banks also increased as a result. Specifically, the Open…

Money Market System liquidity improved, although it remained negative, with over ₦1.5 trillion exposed to the CBN’s SLF window. Despite this, the Open Repo Rate (OPR) increased by 11 bps…

Money Market Opening system liquidity plunged further into negative territory, bolstered by Friday’s OMO sale of over ₦900 billion. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N)…

Money Market Opening system liquidity plunged into negative territory, with over ₦1 trillion borrowed from the CBN’s SLF window. As a result, the Open Repo Rate (OPR) and the Overnight…

Money Market Opening system liquidity improved significantly, supported by OMO maturities. As a result, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 49bps and 56bps to…

Money Market System liquidity decreased further, with around ₦910 billion exposed to the CBN’s SLF window. As a result, the Open Repo Rate (OPR) rose by 11 bps to 32.39%,…

Money Market Opening system liquidity improved to start the week but remained in negative territory, keeping the interbank rates elevated. Specifically, the Open Repo Rate (OPR) and the Overnight Rate…

Money Market System liquidity opened significantly lower today, with most participants relying on the SLF window to fund their operations. Interbank rates closed higher due to the OMO auction conducted…

Money Market System liquidity opened lower today compared to the previous day. As a result, the Open Repo Rate (OPR) and the Overnight Rate (O/N) increased by 94 bps and…

Money Market Opening system liquidity remained buoyant to end the month. Thus, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 140 bps and 130 bps to…