June 10,2025/InvestmentOne Report The financial system liquidity was optimal in May 2025 as liquidity catalysts from various sources kept interbank lending rates relatively stable. Specifically, inflows from FGN bond coupon payments, substantial OMO maturities and FAAC disbursements offset funding pressure from primary market auction settlements, CRR debits, and FX settlements. […]
Updates
Fiscal Borrowings to Remain High in the Medium Term
June 10, 2025/Cordros Report On May 27, the President formally requested the National Assembly’s approval for the 2024–2026 external borrowing plan for a total amount of USD24.10 billion, comprising USD21.5 billion, EUR2.20 billion, and JPY15.00 billion. The Minister of Finance noted that the plan, a statutory component of the Medium-Term […]
NGXASI Advance +0.18% on Gains in Bellwether Counters
June 10, 2025/InvestmentOne Report The NGXASI advanced by 0.18% today to close at 114,820.86pts, as the gains recorded in BUAFOODS (+4.32%), GTCO (+1.64%) and PRESCO (+3.40%) drove the local bourse into the green. In the fixed income space, the Treasury Bills secondary market traded on a negative note as yields increased […]
