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Prologue The recent shift in the Debt Management Office’s (DMO) strategy, evidenced by the undersubscription of Nigerian Treasury Bills (NTBs)

Prologue Last week, the Nigerian Naira consistently closed below the $/N1,600 benchmark at the end of each business day. The

Prologue In the week under review, the global markets – from crypto to stocks – witnessed extreme challenges at the

Prologue Nationwide protests were the focal point for Nigerian markets albeit from a foreign perspective as pricing of assets largely

Prologue Interbank liquidity has been consistently short throughout the third quarter of 2024. Last week, however, the position shifted from

Prologue The interbank market liquidity average in the last month was a deficit of over N390 billion. Last week, the

Prologue The interbank money market had a liquidity deficit throughout the week as OPR and O/N closed at 31.61% and

Prologue In a season where Central Banks worldwide have begun to signal easing after an elongated period of tightening to

Prologue The past week saw market liquidity open long at ₦951.5 billion, with bonds auction, T-bills auction and OMO auction

Prologue Interbank money market liquidity opened ₦768 billion long, with the CBN conducting two (2) OMO auctions during the week.