Tag: OVERNIGHT RATE

SAT, 05 NOV, 2022-theGBJournal| This week, Nigeria’s FX reserves maintained its decline for the ninth consecutive week, falling by US$101.78 million w/w to US$37.37...

SAT, 10 SEPT, 2022-theGBJournal| Nigeria’s FX reserves dipped after three consecutive weeks of accretion, falling by US$81.74 million w/w to US$38.92 billion (as of...

SAT, 20 AUG, 2022-theGBJournal| Nigeria’s FX reserves increased after four weeks of decline, rising by USD22.35 million w/w to USD38.91 billion (17 August). Across...

SAT, 30 JULY, 2022-theGBJournal| Bearish sentiments continued to dominate the Treasury bills secondary market this week as illiquidity in the financial system drove sell-offs...

WED, 27 JULY, 2022-theGBJournal| The naira appreciated by 0.2% to N430.00/USD at the I&E window but skidded down to as low as N710/US$ at...

SAT, 16 JULY, 2022-theGBJournal| This week, the overnight (OVN) rate was flat at 14.0% as the funding conditions in the system remained tepid, averaging...

SAT, 09 JULY, 2022-theGBJournal| The overnight (OVN) rate was unchanged at 14.0%, as the funding conditions in the system deteriorated further, with system liquidity...

TUE, 14 JUNE, 2022-theGBJournal| The overnight lending rate was unchanged at 14.0% Tuesday, despite the inflow from OMO maturities (N20 billion). Trading in the Treasury...

TUE, 07 JUNE, 2022-theGBJournal| The naira depreciated by 0.1% to NGN420.75/USD at the I&E window. The overnight lending rate expanded by 42bps to 7.5%, in...

SAT, 04 JUNE, 2022-theGBJournal| The overnight (OVN) rate dipped significantly by 700bps w/w to close at 7.0% on the back of higher system liquidity....