FINANCIAL MARKETS TODAY – 24 March 2022
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 23 March 2022
FIXED INCOME MARKET Money Markets …
CBN MAINTAINS STATUS QUO ON KEY POLICY RATES, DESPITE RISING INFLATION – 21 MARCH 2022
Nigeria’s Monetary Policy Committee (MPC) concluded its second meeting of 2022 today, maintaining all key rates. Please see below, a summary of the committee’s decisions: – Retain MPR at…
FINANCIAL MARKETS TODAY – 22 March 2022
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 21 March 2022
FIXED INCOME MARKET Money Markets …
FINANCIAL MARKETS TODAY – 18 March 2022
FIXED INCOME MARKET Money Markets Although Interbank system liquidity slightly improved with a credit balance of ca ₦380.78 billion as against the previous day’s opening balance of ca ₦326.39 billion, the Overnight Policy Rate (OPR) and Overnight (ON)…
FINANCIAL MARKETS TODAY – 17 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity tapered today, opening with a balance of ca ₦326.39 billion, lower than the previous day’s opening balance of ca ₦464.16 billion. The money market rates moved in opposite directions as the…
FINANCIAL MARKETS TODAY – 16 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, with a credit balance of ca ₦464.16 billion, compared to the previous day’s opening balance of ca ₦298.42 billion. Nonetheless, the Overnight Policy Rate (OPR) and Overnight…
INFLATION WATCH – FEBRUARY 2022
Surge in Energy prices drives Nigeria’s headline inflation rate to 15.70% Nigeria’s Consumer Price Index (CPI) for February 2022 expanded by 15.70% year-on-year, 10bps higher than January 2022 figures at 15.60% (matching the Bloomberg Consensus…
FINANCIAL MARKETS TODAY – 15 March 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ca ₦298.42 billion, higher than the previous day’s opening balance of ca ₦222.37 billion as coupon payments impacted the system. However, the overnight (ON) rate…
