FINANCIAL MARKETS TODAY – 09 April 2025
Money Market Interbank liquidity opened lower at ~₦341 billion but maintained a positive balance. Rates showed no material movement, as the Overnight Policy Rate (OPR) stabilized at 26.50% while the Overnight Rate (O/N) closed at 26.96%. Outlook:…
FINANCIAL MARKETS TODAY – 08 April 2025
Money Market Interbank liquidity stayed strong despite a modest decline to ~₦757 billion, keeping rates steady—the Overnight Policy Rate (OPR) at 26.50% and Overnight Rate (O/N) at 26.94%. Outlook: Interbank rates are likely to rise slightly tomorrow as…
FINANCIAL MARKETS TODAY – 07 April 2025
Money Market Interbank liquidity remained robust, exceeding ₦900 billion in surplus, keeping rates stable—the Overnight Policy Rate (OPR) held at 26.50% and the Overnight Rate (O/N) at 26.95%. Outlook: Interbank rates should hold steady unless unforeseen…
Monthly Financial Market Update – March 2025
Global Macroeconomic Review United States: The U.S. economy exhibited signs of cooling inflation in February 2025, with the Consumer Price Index (CPI) rising 0.2% m/m (2.80% y/y) and core CPI slowing to 3.1% annually—the lowest since April 2021. While…
FINANCIAL MARKETS WEEKLY – 04 APRIL 2025
Money Markets The interbank market sustained robust liquidity throughout the week, largely driven by ₦651 billion in OMO maturities, which helped keep short-term rates stable despite CBN’s CRR debits. Early in the week, both the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 03 April 2025
Money Market Interbank liquidity stayed strong, pushing both the Overnight Policy Rate (OPR) and Overnight Rate (O/N) down by 8 bps to 26.42% and 26.88%, respectively. Outlook: Interbank rates are likely to remain stable barring unexpected liquidity…
FINANCIAL MARKETS TODAY – 02 April 2025
Money Market Interbank liquidity remained robust, supported by ₦651 billion in OMO maturities, keeping rates stable—the Overnight Policy Rate (OPR) held at 26.50% and the Overnight Rate (O/N) at 26.96%. Outlook: : Interbank rates should hold steady…
FINANCIAL MARKETS WEEKLY – 28 MARCH 2025
Money Markets The interbank market experienced notable liquidity fluctuations throughout the week. Early on, liquidity remained negative despite FAAC inflows, FGN bond maturities (₦562bn), and coupon payments (₦38bn), keeping the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 27 March 2025
Money Market Interbank liquidity surged into positive territory today, boosted by FGN bond coupon payments (₦164 billion) and NTB maturities (₦1.18 trillion), outweighing the ₦808.73 billion NTB auction settlement. This drove a sharp decline in rates:…
FINANCIAL MARKETS TODAY – 26 March 2025
Money Market Interbank liquidity deteriorated further today as the FGN bond auction settlement drained c.₦271 billion from the system. This pushed rates higher, with the Overnight Policy Rate (OPR) rising 492bps to 32.42% and the Overnight Rate (O/N)…
