FINANCIAL MARKETS TODAY – 3 December 2025
System Liquidity System liquidity improved to a ₦3.0 trillion surplus driven by higher SDF placements, resulting in easing funding rates with average rates down to 22.63% Treasury Bills The T-bills market traded quiet/neutral ahead of the NTB auction,…
FINANCIAL MARKETS TODAY – 2 December 2025
System Liquidity System liquidity improved sharply to ₦3.0 trillion, driven by ₦772.9 billion OMO maturity and ₦10.2 billion bond coupon inflows, causing the average funding rate to ease to 22.65% as the OPR held steady at 22.50% and the O/N rate…
Monthly Financial Market Update – November 2025
Global Macroeconomic Review The U.S. economy in November 2025 operated under heightened uncertainty due to missing official data following the 43-day federal government shutdown. The disruption delayed the release of key indicators—including the full…
FINANCIAL MARKETS TODAY – 1 December 2025
System Liquidity System liquidity improved to ₦2.2 trillion on higher SDF placements, though funding rates edged up to an average of 22.68%. Treasury Bills The NTB market traded quietly with a bearish bias as thinning demand—especially at the mid-to-long…
Q3 2025 GDP Highlights
Nigeria’s Economy Expands by 3.98% in Q3-2025 Nigeria’s economy grew by 3.98%y/y in Q3 2025, higher than the 3.86% growth in Q3 2024 but lower than 4.23% in Q2 2025. Overall, the economy continued to show positive momentum, supported by solid…
FINANCIAL MARKETS WEEKLY – 28 NOVEMBER 2025
System Liquidity System liquidity stayed strong, supported by ₦1.11tn OMO maturity inflow and sustained SDF placements, despite ₦583.5bn bond auction outflow. Funding rates declined sharply as OPR fell to 22.50% and OVN to 22.71%. Treasury Bills The NTB…
FINANCIAL MARKETS TODAY – 27 November 2025
System Liquidity System liquidity declined by ₦267.8bn to ₦2.0tn due to reduced SDF placements following the MPC corridor adjustment, while funding rates were steady as the OPR held at 22.50% and the OVN dipped slightly to 22.71%. Treasury Bills The NTB…
FINANCIAL MARKETS TODAY – 26 November 2025
System Liquidity System liquidity improved slightly to ₦2.3 trillion due to higher DMB placements at the SDF window, while OPR and O/N rates held steady at 22.50% and 22.75%. Treasury Bills The NTB market traded calmly with ample liquidity as investors…
FINANCIAL MARKETS TODAY – 25 November 2025
System Liquidity Market liquidity surged to ₦2.3 trillion following a large OMO maturity inflow, allowing funding costs to drop sharply as the OPR and O/N rates declined to 22.50% and 22.75%, respectively, despite mild adjustments in SDF and SLF usage.…
MPC HIGHLIGHT – NOVEMBER 2025
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 303rd meeting on November 24–25, 2025, and unanimously decided to hold the Monetary Policy Rate (MPR) following a rate cut in its previous meeting.
