An 8.6% decline in system liquidity to N2.89 trillion from N3.16 trillion followed yesterdayโs NTB auction settlement. Consequently, the overnight rate inched up by 6bps to 22.31%, while the OPR remained unchanged at 22.00%.
A modest recovery was recorded in system liquidity, which increased by 7.1% to N3.16 trillion from N2.95 trillion following yesterdayโs OMO auction settlement. Consequently, the overnight rate inched up by 10bps to 22.25%, while the open repo (OPR) remained at 22.00%.
System liquidity increased by 69.7% to N7.35 trillion following the inflow of N3.70 trillion in OMO maturities. However, an unscheduled OMO auction offset the inflow, bringing liquidity to N2.95 trillion. Meanwhile, the overnight rate eased by 3bps to 22.15%, while the open repo (OPR) remained unchanged at 22.00%.
System liquidity opened the week at โฆ4.33 trillion, down 7% from the previous level, amid the absence of significant inflows or outflows. Consequently, the overnight rate increased marginally by 5bps to 22.18%, while the Open Repo Rate (OPR) remained unchanged at 22.00%.
A stronger weekly recovery saw the NGX All-Share Index climb 2.36% to 246,992.44 points, while market capitalization rose 2.39% to โฆ159.56 trillion, underscoring both improved market fundamentals and renewed investor confidence during the period.
System liquidity declined by 20% following the settlement of yesterdayโs NTB primary market auction. Consequently, the overnight rate inched up by 2bps to 22.20%, while the OPR held steady at 22.00%.
System liquidity improved by 7.63% to โฆ4.61 trillion from โฆ4.28 trillion, supported by the complete decline in Standing Lending Facility (SLF) usage relative to the previous session. Consequently, the overnight rate eased by 2bps to 22.18%, while the Open Repo Rate (OPR) remained unchanged at 22.00%.
โฆ2.49 trillion in OMO maturities provided liquidity support, but an unscheduled โฆ2.88 trillion OMO mop-up more than offset the inflow, dragging system liquidity to โฆ4.29 trillion from a potential โฆ7.17 trillion. Consequently, the Overnight Rate rose to 22.20%, while the Open Repo Rate held at 22.00%.
System liquidity opened the week 28.7% higher at โฆ4.65tn, up from โฆ3.61tn, driven by a 29% increase in placements at the SDF window. Consequently, the overnight rate eased by 8bps to 22.13%, while the OPR remained unchanged at 22.00%.
A modest week-on-week recovery lifted the NGX All-Share Index by 0.81% to 241,298.47 points and market capitalization by 0.83% to โฆ155.83 trillion, though the positive headline performance was tempered by continued lethargy in trading activity.