FINANCIAL MARKETS TODAY – 07 January 2025
Money Market System liquidity opened notably higher due to inflows from CRR refunds and OMO maturities (c.₦300 billion) today. To regulate the money supply, the CBN offered and sold a…
FINANCIAL MARKETS TODAY – 06 January 2025
Money Market System liquidity opened lower but remained in positive territory. This decrease was due to the late CRR event that occurred last Friday. Nevertheless, in the absence of any…
FINANCIAL MARKETS WEEKLY – 03 JANUARY 2025
Money Markets This week, system liquidity experienced fluctuations. It began with significant inflows from Remita, which helped drive interbank rates lower, with the Overnight Policy Rate (OPR) falling to 26.50%…
FINANCIAL MARKETS TODAY – 02 January 2025
Money Market System liquidity opened the year on a positive note, and in the absence of any major funding need, interbank rates remained relatively stable. Specifically, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 31 DECEMBER 2024
Money Markets System liquidity started off negative after the OMO auction settlement and net CRR debit activities from yesterday. As a result, interbank rates increased, with the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 30 DECEMBER 2024
Money Markets Liquidity in the system started much higher today, driven by significant Remita inflows from Friday. Consequently, interbank rates saw a slight decline, with the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS WEEKLY – 27 DECEMBER 2024
Money Markets System liquidity fluctuated during the week, initially bolstered by derivatives inflows, the signature bonus, and other disbursements from the CBN. This led to a significant easing of interbank…
FINANCIAL MARKETS TODAY – 24 December 2024
Money Market System liquidity declined despite the FAAC disbursements, as the CBN conducted CRR debit activities yesterday, which reduced liquidity. However, interbank rates eased. The Overnight Policy Rate (OPR) fell…
FINANCIAL MARKETS TODAY – 23 December 2024
Money Market System liquidity experienced a notable improvement, driven by inflows from derivatives, the signature Bonus, and other disbursements from the CBN. Consequently, interbank rates eased significantly, with the Overnight…
FINANCIAL MARKETS WEEKLY – 20 DECEMBER 2024
Money Markets System liquidity remained negative throughout the week despite inflows from statutory revenue, FAAC, and the signature bonus. Elevated liquidity outflows kept interbank rates high, including the FGN bond…
