FINANCIAL MARKETS TODAY – 30 January 2023
FIXED INCOME MARKETS Money Markets System liquidity opened lower today at c.₦ 581.26 billion long, compared to c.₦ 1.22 trillion recorded last week Friday, due to CRR debits. Nevertheless, the…
FINANCIAL MARKETS TODAY – 27 January 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity remained significantly buoyant at c.₦ 1.22 trillion, compared to yesterday’s balance of c.₦ 956.95 billion. Nevertheless, the Overnight Policy Rate (OPR) and…
Monthly Financial Market Update – December 2022
Macroeconomic Review Inflation continues to blow hot in the Nigerian Economy, dampens yuletide celebrations Nigeria’s inflation for November 2022 quickened to 21.47% Y-o-Y (Est. +21.30%), an increase of c.0.38% from…
FINANCIAL MARKETS TODAY – 26 January 2023
FIXED INCOME MARKETS Money Markets System liquidity declined slightly today to c.₦ 956.95 billion, compared to yesterday’s balance of c.₦ 1.06 trillion. Consequently, the Overnight Rate (O/N) rose slightly to…
FINANCIAL MARKETS TODAY – 25 January 2023
FIXED INCOME MARKETS Money Markets The Interbank market remained buoyant, as system liquidity opened c.₦ 1.06 trillion, compared to yesterday’s opening balance of c.₦ 886.11 billion. Nevertheless, the Overnight Policy…
FINANCIAL MARKETS TODAY – 24 January 2023
FIXED INCOME MARKETS Money Markets System liquidity opened significantly higher at c.₦886.11 billion, bolstered by FAAC inflows, compared to yesterday’s opening balance of c.₦71.64 billion. Consequently, the Overnight Policy Rate…
FINANCIAL MARKETS TODAY – 23 January 2023
FIXED INCOME MARKETS Money Markets System liquidity opened the week significantly lower at c.₦71.64 billion, compared to last week Friday’s opening balance of c.₦ 492.50 billion, due to CRR debits.…
FINANCIAL MARKETS TODAY – 20 January 2023
FIXED INCOME MARKETS Money Markets System liquidity closed the week with an opening balance at c.₦ 492.50 billion, compared to c.₦ 399.80 billion recorded the previous day. Nevertheless, the Overnight…
FINANCIAL MARKETS TODAY – 19 January 2023
FIXED INCOME MARKETS Money Markets System liquidity remained elevated today at c.₦399.80 billion vs c.₦384.54 billion recorded the previous day. Thus, the Overnight Policy Rate (OPR) and Overnight Rate (O/N)…
INFLATION WATCH – December 2022
Headline Inflation rose to 21.34% in December 2022 Nigeria’s inflation for December 2022 slowed down to 21.34% Y-o-Y (Est. +21.80%), a decline of c.0.13% from 21.47% Y-o-Y recorded in November…
