Tag: OVERNIGHT RATE

WED, 01 JUNE, 2022-theGBJournal| The overnight lending rate contracted by 333bps to 7.0%, in the absence of any significant inflow into the system. The Treasury...

SAT 02 APRIL, 2022-theGBJournal| The overnight (OVN) rate expanded by 450bps, w/w, to 10.7%. During the week, the OVN remained depressed as system liquidity...

SAT 12 MARCH, 2022-theGBJournal- Trading in the Treasury bills secondary market reversed recent demand trend and closed on a bearish note this week, largely...

SAT 05 MARCH, 2022-theGBJournal |The Treasury bills secondary market continued its bullish run for the fourth consecutive week, following the significant improvement in system...

MON 07 FEB, 2022-theGBJournal- The Nigerian equities market started the week’s trading on a negative note as profit-taking witnessed in MTN (-0.7%) caused a...

THUR 03 FEB, 2022-theGBJournal- The overnight lending rate contracted by 25bps to 1.0%, in the absence of any significant funding pressures on the system. The...

SAT 15 JAN, 2022-theGBJournal- For the third consecutive week, mixed trading persisted in the Treasury bills secondary following the uncertainty in the direction of...

SAT 08 JAN, 2022-theGBJournal- The overnight (OVN) rate expanded by 425bps w/w to 14.8% this week, as funding pressures for Central Bank of Nigeria’s...

SAT 01 JAN, 2022-theGBJournal- The overnight (OVN) rate contracted by 200bps w/w to 10.5%, following inflows from OMO maturities (N60.00 billion) which offset funding...

SAT 11 DEC, 2021-theGBJournal- The overnight (OVN) rate expanded by 200bps w/w to 17.8%. The increase in the funding rate was due to outflows...