FINANCIAL MARKETS TODAY – 19 November 2025
System Liquidity System liquidity rose to ₦2.71trn (+₦220.2bn) as banks placed ₦1.5trn at the SDF window, while OPR fell to 24.50% (-10bps) and O/N to 24.92% (-18bps) after CBN mopped ₦3.0trn via OMO auction. Treasury Bills The NTB market traded quietly…
FINANCIAL MARKETS TODAY – 18 November 2025
System Liquidity System liquidity jumped to ₦5.5tn due to ₦1.4tn OMO maturities, while funding rates increased with the OPR rising to 24.60% and the O/N rate to 25.10%. Treasury Bills The NTB market remained muted as investors focused on the upcoming…
FINANCIAL MARKETS TODAY – 17 November 2025
System Liquidity System liquidity fell sharply from ₦6.17tn to ₦3.90tn despite coupon inflows, while funding rates stayed broadly stable with O/N at 24.86%. Treasury Bills The NTB market traded quietly with ample liquidity as investors awaits the ₦700bn…
INFLATION WATCH – October 2025
Inflation Watch – Nigeria Inflation Sustains Moderation Amid Stable FX And Food Prices Nigeria’s inflation rate recorded its seventh consecutive monthly decline, easing to 16.05% y/y in October 2025, down from 18.02% in September, according to the…
FINANCIAL MARKETS WEEKLY – 14 NOVEMBER 2025
System Liquidity System liquidity remained robust, rising from ₦3.8 trillion to a mid-week peak of ₦5.90 trillion. Despite, average funding costs went slightly higher by 7bps with OPR at 24.50% and overnight at 24.92%. Treasury Bills The NTB market…
FINANCIAL MARKETS TODAY – 13 November 2025
System Liquidity Market liquidity surged to ₦5.9 trillion due to higher SDF placements and coupon inflows, though OPR rose 7bps to 24.57%. Treasury Bills The NTB market traded mildly bullish amid ample liquidity, with the average rate dipping 1bp to…
FINANCIAL MARKETS TODAY – 12 November 2025
System Liquidity Market liquidity improved slightly to ₦4.8 trillion as CBN’s SDF window increased, while funding costs remained stable at OPR 24.50% and O/N 24.86%. Treasury Bills The NTB market traded positively amid ample liquidity, with notable rate…
FINANCIAL MARKETS TODAY – 11 November 2025
System Liquidity Liquidity rose by ₦930.6bn to ₦4.8trn due to ₦1.1trn OMO maturities, keeping funding costs stable. Treasury Bills The NTB market was positive amid ample liquidity and selective buying interest, with average rates dipping 5bps to 16.00%…
FINANCIAL MARKETS TODAY – 10 November 2025
System Liquidity Market liquidity eased slightly to ₦3.8 trillion, leading to a 4bps rise in funding costs as the OPR held at 24.50% and the O/N rate inched up to 24.86%. Treasury Bills The NTB market traded calmly with strong demand on the long end,…
FINANCIAL MARKETS WEEKLY – 7 NOVEMBER 2025
System Liquidity System liquidity strengthened from ₦3.1 trillion to ₦5.0 trillion before closing at ₦3.9 trillion, supported by ₦1.4 trillion OMO maturities and steady DMB placements, with the OPR flat at 24.50% and O/N rate easing 7bps to 24.79%.…