FINANCIAL MARKETS TODAY – 23 July 2026
System Liquidity System liquidity remained healthy, supported by ₦29.34bn coupon inflows, leading to a slight moderation in funding rates, while liquidity conditions are expected to keep interbank rates broadly stable in the near term. FGN Bonds Domestic…
FINANCIAL MARKETS TODAY – 22 July 2026
System Liquidity System liquidity improved to ₦3.23tn following Tuesday’s ₦1.46tn OMO maturity, while funding rates remained elevated around 22%, with mild upward pressure expected as the ₦931.82bn July FGN Bond PMA settlement temporarily moderates…
FINANCIAL MARKETS TODAY – 21 July 2026
System Liquidity System liquidity rose to ₦3.11tn from ₦1.81tn, supported by a ₦1.46tn inflow from the 21-Apr-2026 OMO maturity, although funding rates are expected to face moderate upward pressure as the July FGN Bond PMA settlement temporarily reduces…
MPC HIGHLIGHT – JULY 2026
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 306th meeting on July 20 and 21, 2026, where it reviewed key developments in the domestic and global economic environment.
Not Every Caller Is Who They Claim to Be—Verify First
Let’s talk about a scam that reminds us why it’s important to verify unexpected requests even when they appear to come from a trusted source. A recent victim shared how they received a phone call from someone claiming to be from their bank.…
FINANCIAL MARKETS TODAY – 16 July 2026
System Liquidity System liquidity declined to ₦4.71tn after settlement of the ₦1.19tn NTB auction outweighed the ₦600.54bn FGN coupon payment, although funding rates are expected to ease in the near term. FGN Bonds Trading was subdued as investors…
FINANCIAL MARKETS TODAY – 15 July 2026
System Liquidity Liquidity improved following an FGN bond coupon payment, but the large NTB auction settlement is expected to exert mild upward pressure on funding rates in the near term. FGN Bonds Trading was subdued as investors shifted focus to the…
INFLATION WATCH – June 2026
Inflation Eases Marginally in June Nigeria’s headline inflation eased marginally to 15.91% y/y in June 2026, down from 15.93% in May 2026, representing a decrease of 0.02 percentage points…
Monthly Financial Market Update – June 2026
Global Macroeconomic Review June opened with the U.S. economy still growing, though on a narrower base than the broad-based growth seen previously. The final Q1 2026 GDP estimate was revised up to 2.1% (Q1 2025: -0.5%), reflecting a pickup in activity…
Before You Enter That Verification Code, Stop and Verify
Let’s talk about a phishing technique that doesn’t ask for your password—but can still give attackers access to your account. Many of us are familiar with verification codes used to confirm our identity when signing in or accessing online…
