FINANCIAL MARKETS TODAY – 21 January 2026
System Liquidity System liquidity swung into a sharp deficit of ₦973.9bn, driven mainly by sizable OMO sales and SLF borrowings, despite SDF placements and bond coupon inflows. As a result,…
FINANCIAL MARKETS TODAY – 20 January 2026
System Liquidity System liquidity opened in a strong surplus of ₦3.77tn, buoyed by a sizeable OMO repayment despite CBN liquidity sterilisation via OMO and SDF. Funding conditions remained stable, with…
FINANCIAL MARKETS TODAY – 19 January 2026
System Liquidity System liquidity improved, opening with a surplus of ₦2.24 trillion, supported by higher DMB placements at the CBN’s SDF and primary market repayments. Despite ample liquidity, average funding…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 16 JANUARY 2026
NBS Readjust Base Year Methodology to Global Standard as Inflation Ease To 15.15% In Dec’25 This week, we took a look at a major economic data published by the National…
FINANCIAL MARKETS TODAY – 15 January 2026
System Liquidity System liquidity improved to ₦2.13tn, supported by strong SDF placements and primary market repayments. Funding costs rose, with the OPR unchanged at 22.50% and the OVN increasing to…
INFLATION WATCH – December 2025
Headline Inflation Moderates to 15.15%, Amid Readjustment to 12-Month Average Nigeria’s headline inflation eased to 15.15% y/y in December 2025, down from 17.33% in November, according to the rebased data…
FINANCIAL MARKETS TODAY – 14 January 2026
System Liquidity Banking system liquidity moderated to ₦2.07tn, reflecting a decline from the prior session despite higher SDF placements. Funding conditions tightened slightly, with the OPR steady at 22.50% and…
FINANCIAL MARKETS TODAY – 13 January 2026
System Liquidity System liquidity improved sharply to ₦2.21tn, driven by sizeable OMO maturities inflows despite SLF borrowings. Funding costs edged higher, with the OPR closing at 22.50% and the OVN…
FINANCIAL MARKETS TODAY – 12 January 2026
System Liquidity System liquidity opened at ₦1.47tn, supported by primary market inflows despite lower SDF placements. Funding conditions eased, with the OPR closing at 22.50% and the OVN rate declining…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 9 JANUARY 2026
Base-Year Effect Festive Spending to Halt Disinflationary Trend in December; Headline CPI expected at a range of 31.4– 32.4%y/y In the week ahead, the National Bureau of Statistics (NBS will…
