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Money Markets The interbank market remained deeply negative throughout the week due to persistent illiquidity. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) hovered above 32.0%, reflecting the…
Money Market Interbank liquidity improved at the start of the day but remained in a deep deficit. Conditions worsened after the settlement of the OMO auction, which withdrew approximately ₦1.39…
Money Market Interbank liquidity worsened further, sinking deeper into negative territory as the liquidity crunch intensified. Consequently, interbank rates stayed elevated, with the Overnight Policy Rate (OPR) at 32.38% and…
Money Market Interbank liquidity continued to be deeply negative due to ongoing market illiquidity. As a result, interbank rates remained high, with the Overnight Policy Rate (OPR) at 32.36% and…
Money Market Interbank liquidity remained firmly negative as market illiquidity persisted. Consequently, interbank rates stayed elevated, with the Overnight Policy Rate (OPR) and the Overnight Rate (O/N) at 32.29% and…
Money Markets The interbank market experienced heightened volatility this week, primarily driven by liquidity fluctuations. The week opened with a liquidity shortfall due to the ₦1 trillion OMO auction settlement…
Money Market Interbank liquidity fell deeper into negative territory, even with the infusion of ₦285.37 billion from treasury bills redemption. As a result, interbank rates saw a significant increase. The…
Global Macroeconomic Review United States: The U.S. economy entered 2025 with strong momentum, reflected in the surging U.S. dollar, robust labor market performance, and persistent inflation concerns. The dollar soared…
Money Market Interbank liquidity opened significantly lower today, plunging into negative territory, which led to a notable rise in interbank rates. The Overnight Policy Rate (OPR) increased by 3.50%, settling…
Money Market Interbank liquidity opened significantly higher today, driven by increased inflows into the system. As a result, interbank rates eased notably. The Overnight Policy Rate (OPR) declined by 4.07%…
