February 18, 2025/Coronation Research Summary Market liquidity remained tight throughout the week, closing negative for the second consecutive week at -N3.10trn (14th February ’25), from -N315.94bn in the prior week. The Open Repo Rate (OPR) and Overnight Rate (O/N) closed higher at 32.45% and 32.80% respectively, as outflows from OMO […]
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CBN Expectation Survey Depicts Optimistic Business Outlook
February 18, 2025/CSL Research The Central Bank of Nigeria (CBN) has released the Business Expectation Survey (BES) for January 2025, covering three key sectors: Industry, Services, and Agriculture. The survey indicates an overall optimistic outlook for the macroeconomy, with a confidence index of 18.9 points in January 2025. Looking ahead, […]
MPC Likely to Retain MPR at 27.50%
February 18, 2025/Cordros Report The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) is scheduled to hold its first meeting of the year on February 19th and 20th. In line with previous meetings, the Committee is expected to assess both global and domestic economic developments. Despite persistent […]
