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…
Q1 2026 GDP Highlights
Nigeria’s Economy Expands by 3.89% in Q1-2026 Nigeria’s economy grew by 3.89% y/y in Q1 2026, higher than the 3.13% growth recorded in Q1 2025 and 2.27% in Q1 2024. Thus, reflecting positive momentum in economic growth.… …
MACROECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 22 MAY 2026
System liquidity remained firmly in surplus throughout the week, supported by OMO maturities and PMA repayments, peaking midweek before moderating towards Friday due to auction settlements and CBN liquidity mop-up activities. Despite fluctuations in…
FINANCIAL MARKETS TODAY – 20 May 2026
System Liquidity System liquidity remained strong, opening at a surplus of ₦6.21tn, supported mainly by CBN SDF placements and PMA repayments. Despite the MPC retaining the MPR at 26.5%, the NOFR stayed stable at 22.0%. Market expects rates to remain…
MPC HIGHLIGHT – MAY 2026
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 305th meeting on May 19 and 20, 2026, where it reviewed key developments in the domestic and global economic environment.
FINANCIAL MARKETS TODAY – 19 May 2026
System Liquidity Liquidity opened significantly higher at ₦5.97tn, driven mainly by large SDF placements and minor OMO maturities. Despite the surplus, the NOFR held steady at 22.00%. Liquidity is expected to remain elevated in the next session barring…
INFLATION WATCH – April 2026
Inflation Accelerate Year-on-Year Despite Ongoing Month-on-Month Disinflation Nigeria’s headline inflation rose to 15.69% (YoY) in April 2026, compared to 15.38% in March 2026, representing an increase of 0.31 percentage points…
FINANCIAL MARKETS TODAY – 14 May 2026
System Liquidity Liquidity opened slightly lower at ₦5.29tn, down ₦42.54bn from the previous day, supported mainly by ₦5.06tn in CBN SDF placements. Funding conditions stayed stable as the NOFR held at 22.0%. Looking ahead, funding rates may ease…
FINANCIAL MARKETS TODAY – 04 May 2026
System Liquidity System liquidity opened the week stronger at ₦5.56 trillion, rising by ₦601.73 billion due mainly to heavy deposit money bank placements at the CBN’s Standing Deposit Facility. Despite this surplus, the Nigerian Overnight Financing Rate…
