FINANCIAL MARKETS TODAY – 21 September 2026
System Liquidity Liquidity built for a second day, up 39.62% to ₦3.99trn from ₦2.86trn as the tail of the CBN’s ₦3.81trn mid-September repayments kept feeding through with no FAAC and no OMO auction to absorb it, with the OPR and NOFR both steady…
That Official-Looking SMS Could Be a Trap – Verify Before You Act on It
You receive a text message saying you have committed a traffic offence and need to pay a fine. It mentions the Federal Road Safety Corps (FRSC) and provides a link to review the offence. Your first reaction may be to click the link and find out what…
FINANCIAL MARKETS TODAY – 18 September 2026
System Liquidity Liquidity rebounded 40.74% to ₦2.86trn from ₦2.03trn as the tail of the CBN’s ₦3.81trn mid-week repayments fed back with no auction to absorb it, with the OPR and NOFR both steady at 22.00%; direction next week hinges on the size…
FINANCIAL MARKETS TODAY – 17 September 2026
System Liquidity Liquidity fell 65.53% to ₦2.03trn from ₦5.89trn as the CBN drained cash via OMO, with the OPR steady at 22.00% and the overnight rate up to 22.30%; direction this week hinges on the size of the next OMO offer against maturities. Treasury…
FINANCIAL MARKETS TODAY – 16 September 2026
System Liquidity Liquidity jumped 6.36% to ₦5.89trn from ₦5.54trn, with the OPR steady at 22.00% and the overnight rate easing to 22.19%; direction this week hinges on the size of the next OMO offer. Treasury Bills Secondary market rates eased slightly,…
FINANCIAL MARKETS TODAY – 14 September 2026
System Liquidity Liquidity rose 3.84% d/d to ₦2.56trn despite the ₦1.05trn NTB settlement, with funding rates pinned at 22.00%; ₦2.94trn of OMO maturities set direction this week. Treasury Bills The average benchmark yield eased 2bps to 19.03%…
A Data Breach Doesn’t Have to Steal Your Money to Put You at Risk
When we hear “data breach,” the first thought is often: Was any money stolen? But money doesn’t have to disappear for a data breach to affect you. In August 2026, Zenith Bank disclosed that it was investigating unauthorized access to some customer…
Monthly Financial Market Update – August 2026
Global Macroeconomic Review August saw global economic conditions diverge, with weaker U.S. labour data strengthening expectations of a September rate cut. July non-farm payrolls fell by 23,000, against expectations of an 80,000 increase, while headline…
A Deadline Is Not a Reason to Skip the Process
We all work with deadlines. Sometimes a task is urgent, a customer is waiting, or something needs to be completed before the end of the day. But urgency should never become a reason to bypass an established process or security control. When Urgency…
AIICO MONEY MARKET FUND NEWSLETTER – AUGUST 2026
OVERVIEW AIICO Money Market fund is an open-ended collective investment vehicles that pools investment monies from various individuals, Corporate organizations and High Net-worth Clients (HNC) for the purpose of investing in money market securities,…
