FINANCIAL MARKETS TODAY – 30 September 2025
System Liquidity Liquidity rose to ₦6.57trn on OMO inflows and higher DMB deposits, keeping the OPR steady at 24.50% while the OVN rate slipped to 24.92%. Treasury Bills The NTB market rallied on strong liquidity and bond PMA sentiment, with the 03 Sept…
FINANCIAL MARKETS TODAY – 29 September 2025
System Liquidity The week opened with robust system liquidity of ₦5.73trn from strong DMB placements at the CBN’s SDF window, while money market rates were mixed as the OPR held at 24.50% and the OVN inched up 12bps to 25.00%. Treasury Bills The NTB…
FINANCIAL MARKETS WEEKLY – 26 SEPTEMBER 2025
System Liquidity The interbank market enjoyed robust liquidity from coupon, FAAC, OMO, and NTB inflows, driving DMB placements at the CBN’s SDF window and pushing average funding costs down 204bps w/w to 24.69% following the MPC’s rate cut. Treasury…
FINANCIAL MARKETS TODAY – 25 September 2025
System Liquidity Ample system liquidity from a ₦201.38bn coupon inflow kept the interbank market robust, with OPR and OVN steady at 24.50% and 24.88%, respectively. Treasury Bills The NTB market traded quietly with selective demand, as the 3-Sep-2026…
FINANCIAL MARKETS TODAY – 24 September 2025
System Liquidity The interbank market strengthened on a ₦978.6bn SDF inflow from the MPC’s corridor adjustment, pushing the OPR and OVN down by 100bps and 104bps to 24.50% and 24.88%, respectively. Treasury Bills The Treasury bills market remained quiet…
FINANCIAL MARKETS TODAY – 23 September 2025
System Liquidity The interbank market opened stronger on robust liquidity from SDF and OMO inflows, pushing OPR and OVN lower to 25.50% and 25.92% after the MPC’s 50bps rate cut. Treasury Bills The T-bills market traded bullish on strong liquidity and…
MPC HIGHLIGHT – SEPTEMBER 2025
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 302nd meeting on September 22–23, 2025, and unanimously decided to cut the Monetary Policy Rate (MPR) after three consecutive holds earlier in the year.
FINANCIAL MARKETS TODAY – 22 September 2025
System Liquidity The interbank market opened the week firm, as liquidity improved from SDF and coupon inflows, keeping OPR and OVN steady at 26.5% and 26.95%. Treasury Bills The T-bills market traded bullish, led by strong demand in the 4-Dec and 6-Aug…
Q2 2025 GDP Highlights
Nigeria’s Economy Accelerates on Oil Boost, Expands 4.23% in Q2-2025 Nigeria’s economy grew by 4.23% YoY in Q2 2025, higher than the 3.48% growth in Q2 2024 and 3.13% in Q1 2025. The economy continued to show positive performance, driven largely by…
FINANCIAL MARKETS WEEKLY – 19 SEPTEMBER 2025
System Liquidity Interbank liquidity remained strong despite ₦660bn CCS repayment and ₦267bn NTB settlement. Inflows from OMO maturities, bond coupons, and CBN allocations supported stability. Rates stayed firm at 26.5% as liquidity eased w/w to ₦1.67trn…
