FINANCIAL MARKETS TODAY – 22 October 2021
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit, opening with a balance of ca -₦281.85 billion, significantly lower than yesterday’s balance of ca ₦67.51 billion. This…
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FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit, opening with a balance of ca -₦281.85 billion, significantly lower than yesterday’s balance of ca ₦67.51 billion. This…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦67.51 billion, a slight improvement from yesterday’s deficit balance of ca -₦77.17 billion. Nonetheless, the…
FIXED INCOME MARKET Money Markets Interbank system liquidity slipped into a deficit, opening with a balance of ca -₦77.17 billion, lower than the Monday’s opening balance of ca ₦55.56 billion.…
Macroeconomic Review Foreign Reserve rise to 18-Month High Nigeria’s foreign reserves rose to its highest in 19 months, growing by ca US$2.58bn in September to US$36.60bn. The expansion can closely…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened the week with a credit balance of ca ₦55.56 billion, lower than the Friday’s opening balance of ca ₦118.91 billion. Nonetheless,…
Nigeria’s Headline Inflation Figures: Trickles Further to 16.63% The annual inflation rate for September printed at 16.63% year-on-year (down 38bps from 17.01% recorded in August 2021), on the back of…
The National Bureau of Statistics (NBS) confirmed in its monthly report, the nation’s sixth consecutive month of disinflation, with the Consumer Price Index (CPI), which measures inflation settling at 16.63%…
Interbank system liquidity opened with a balance of ca ₦5.59 billion, lower than the previous day’s opening balance of ca ₦75.14 billion. Thus, the Open Buy Back (OBB) and Overnight…
Interbank system liquidity opened with a balance of ca ₦75.14 billion, lower than the previous day’s opening balance of ca ₦190.61 billion. Thus, the Open Buy Back (OBB) and Overnight…
Interbank system liquidity opened with a balance of ca ₦190.61 billion, higher than previous day’s opening balance of ca ₦91.98 billion as inflows of ca ₦110.00 billion from Open Market…