FINANCIAL MARKETS TODAY – 28 August 2026
System Liquidity System liquidity closed the week in surplus at ₦3.61 trillion following heavy OMO and NTB auction settlements, pushing average funding costs up slightly to 22.11%. Treasury Bills he Treasury Bills secondary market closed with…
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.
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…
FINANCIAL MARKETS TODAY – 08 July 2026
System Liquidity Liquidity remained strong, supported by the recent OMO maturity, although the upcoming NTB auction settlement is expected to moderate liquidity despite partial support from an NTB maturity. FGN Bonds FGN bond yields were broadly steady…
MACROECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 26 JUNE 2026
Caution Dominates Markets Amid Rising Yields and Global Uncertainty SYSTEM LIQUIDITY System liquidity remained strong, supported by bond coupon payments and OMO maturities. Overnight rates were broadly unchanged, while funding costs are expected to ease…
INFLATION WATCH – May 2026
Inflation Extends its Marginal Year-on-Year Uptick Nigeria’s headline inflation rose to 15.93% (YoY) in May 2026, compared to 15.69% in April 2026, representing an increase of 0.24 percentage points…
FINANCIAL MARKETS TODAY – 03 June 2026
System Liquidity System liquidity improved significantly, rising 26.5% to ₦5.33tn from ₦4.21tn, driven by strong placements at the CBN’s SDF window. Despite the liquidity surplus, the NOFR remained unchanged at 22.0%. Treasury Bills The NTB…
FINANCIAL MARKETS TODAY – 26 May 2026
System Liquidity System liquidity opened on a stronger surplus position of ₦5.92 trillion, supported by significant inflows from OMO maturities and primary market repayments, alongside sustained placements at the CBN’s SDF window. Despite improved…
