FINANCIAL MARKETS WEEKLY – 06 DECEMBER 2024
Money Markets System liquidity improved significantly this week, driven by FAAC disbursements, remita inflows, and other market credits. This led to a decline in interbank rates, with the Overnight Policy…
FINANCIAL MARKETS TODAY – 05 December 2024
Money Market System liquidity remained strong but experienced a slight decline due to the settlement of the NTB auction (net debit of ₦173.44 billion). Consequently, interbank rates increased, with the…
Monthly Financial Market Update – November 2024
Global Macroeconomic Review United States: In the third quarter of 2024, the U.S. economy demonstrated notable resilience, growing by 2.8% thanks to strong consumer spending and increased business investment in…
FINANCIAL MARKETS TODAY – 04 December 2024
Money Market Increased inflows improved interbank liquidity further today. As a result, interbank rates relaxed further, with the Overnight Policy Rate (OPR) dropping by 20 bps to 26.36% and the…
FINANCIAL MARKETS TODAY – 03 December 2024
Money Market System liquidity improved further today due to additional inflows. Consequently, interbank rates eased further, with the Overnight Policy Rate (OPR) decreasing by 62 bps to 26.56% and the…
FINANCIAL MARKETS TODAY – 02 December 2024
Money Market System liquidity improved significantly, supported by outstanding FAAC disbursements, remita inflows, and other inflows credited into the market. As a result, the interbank rates eased; specifically, the Overnight…
FINANCIAL MARKETS WEEKLY – 29 NOVEMBER 2024
Money Markets System liquidity started on a low note with a deficit of c.₦ 269 billion. It stayed in a deficit for most of the week, even with substantial inflows…
FINANCIAL MARKETS TODAY – 28 November 2024
Money Market System liquidity improved significantly today, supported by FAAC inflows. However, the illiquidity in the interbank market continued, as it remained in the deficit region. Overall, interbank rates experienced…
FINANCIAL MARKETS TODAY – 27 November 2024
Money Market System liquidity improved slightly but continued to be negative. As a result, interbank rates remained elevated, with the Overnight Policy Rate (OPR) falling by 22 bps to 31.78%…
FINANCIAL MARKETS TODAY – 26 November 2024
Money Market System liquidity fell deeper into negative territory. Consequently, interbank rates stayed high, with the Overnight Policy Rate (OPR) settling at 32.00%, while the Overnight Rate (O/N) rose by…
