FINANCIAL MARKETS TODAY – 22 May 2025
System Liquidity Interbank liquidity improved, remaining positive despite NTB auction settlement. This stability kept the Overnight Policy Rate at 26.50%, while the Overnight (O/N) rate rose slightly by 6bps to…
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System Liquidity Interbank liquidity improved, remaining positive despite NTB auction settlement. This stability kept the Overnight Policy Rate at 26.50%, while the Overnight (O/N) rate rose slightly by 6bps to…
System Liquidity Liquidity remained positive despite OMO settlement pressure, keeping interbank rates stable. The Overnight Policy Rate held at 26.50%, while the Overnight (O/N) rate dipped slightly by 5bps to…
System Liquidity The MPC held all policy rates unchanged. Liquidity improved via ₦1.14 trillion OMO maturities, prompting a ₦500 billion OMO auction, which saw strong demand. Interbank rates stayed stable…
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 300th meeting on May 19–20, 2025, and unanimously decided to retain all monetary policy parameters unchanged.…
System Liquidity Interbank liquidity remained ample with no major funding pressures. Consequently, the OPR and O/N rates held steady at 26.50% and 26.96%, respectively. Treasury Bills Activity was muted in…
System Liquidity System liquidity opened strong but tightened midweek due to CRR and FX settlements. Bond coupon inflows later boosted liquidity, pulling OPR and O/N rates down to 26.50% and…
System Liquidity Liquidity improved after ₦175bn FGN coupon and CBN inflows. OPR dropped 165bps to 26.85%, and O/N rate fell 202bps to 27.40%. Treasury Bills The market was mixed; 07-May…
Inflation Watch – Base Effect, Lower Food Costs Pull Nigeria’s Inflation Down to 23.71% Nigeria’s headline inflation rate fell to 23.71% in April 2025, down from 24.23% in March, according…
System Liquidity Interbank liquidity tightened after CBN’s FX settlement, pushing OPR up 100bps to 28.50% and O/N rate up 92bps to 29.42%. Treasury Bills The market saw strong demand across…
System Liquidity Liquidity was stable with subdued funding flows. OPR rose 60bps to 27.50%, while O/N rate climbed 110bps to 28.50%. Treasury Bills Bullish demand focused on mid-to-long tenors, especially…