Tag: OVERNIGHT RATE

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...

THUR 09 DEC, 2021-theGBJournal- The equities market reversed yesterday's gains following selloffs of DANGCEM (-10.0%). Precisely, the All-Share Index declined by 1.8% to 41,685.22...

TUE 07 DEC, 2021-theGBJournal- Trading in the local bourse edged a positive performance in today’s session, as the All-Share Index notched a 2bps gain...

SAT 04 DEC, 2021-theGBJournal- The overnight (OVN) rate expanded slightly by 8bps w/w to 15.8% this week, in light of the funding pressures for...

SAT 23 OCT, 2021-theGBJournal- Trading in the Treasury bills secondary market turned bearish as most local banks sold off instruments to fund their bids...

THUR 21 OCT, 2021-theGBJournal- The overnight lending rate expanded by 50bps to 15.5% in the absence of significant inflows into the system. The NTB secondary...

SAT 16 OCT, 2021-theGBJournal- The Treasury bills secondary market ended the week on a bullish note following (1) the improved system liquidity in the...

SAT 09 OCT, 2021-theGBJournal- The Treasury bills secondary market closed the week on a bearish note as the average yield across all instruments expanded...