FINANCIAL MARKETS TODAY – 15 May 2025
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…
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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…
System Liquidity Despite strong liquidity, interbank rates rose as CBN debits and FX settlements pushed OPR to 26.90% and O/N rate to 27.45%. Treasury Bills T-Bills traded quietly with light…
System Liquidity Interbank liquidity remained robust despite ₦756.74 bn OMO settlement, ₦310.35 bn net NTB settlment and FX debits; ₦239.15 bn OMO maturities supported funding. OPR held at 26.50%; O/N…
System Liquidity Market interbank liquidity remained ample despite a ₦598.33 bn NTB settlement, comfortably sustaining rates near 26.5%. OPR held at 26.50%, while the Overnight Rate edged up 5 bps…
System Liquidity Despite a ₦756.74bn OMO settlement, interbank liquidity remained firm. OPR eased 8bps to 26.50%, while O/N dipped 22bps to 26.95%, indicating improved system liquidity. Treasury Bills T-Bills trading…
System Liquidity System liquidity remained bouyant, though the CBN offered ₦500 bn OMO across two long-term tenors, attracting ₦773.74 bn subscriptions and ₦756.74 bn allotments. Maturing ₦239.15 bn OMOs offset…
System Liquidity System liquidity stayed robust above ₦1.2 trillion, maintaining interbank rate stability. Overnight Policy Rate (OPR) held at 26.50%, while Overnight Rate (O/N) rose 13bps to 26.96% due to…