FINANCIAL MARKETS WEEKLY – 24 OCTOBER 2025
System Liquidity The money market remained largely stable this week, with system liquidity rising from ₦810.33 billion to ₦3.12 trillion, supporting lower short-term rates as the OPR fell to 24.50% and the Overnight Rate to 24.83% despite brief outflows…
FINANCIAL MARKETS TODAY – 20 October 2025
System Liquidity Market liquidity rose to a ₦956.7 billion surplus from a ₦317.8 billion deficit, boosted by a ₦146.4 billion NTB maturity, leading to a 13bps drop in funding costs; OPR fell 4bps to 24.50%, and the Overnight rate dropped 21bps to 24.86%.…
FINANCIAL MARKETS WEEKLY – 17 OCTOBER 2025
System Liquidity System liquidity remained broadly stable but ended slightly lower at ₦1.80 trillion compared to the previous week, despite inflows from FGN bond coupons and OMO repayments, while funding rates inched up modestly, with the average rate…
FINANCIAL MARKETS TODAY – 16 October 2025
System Liquidity Market liquidity improved to a ₦1.8 trillion surplus, easing funding costs slightly as OPR held at 24.50% and O/N dipped to 24.84%. Treasury Bills The NTB market traded quietly with a bullish tone, as stronger demand led to a 38bps drop…
FINANCIAL MARKETS TODAY – 15 October 2025
System Liquidity Market liquidity declined to ₦1.6 trillion, lifting funding costs slightly as OPR and O/N closed at 24.50% and 24.90%, respectively. Treasury Bills The NTB market traded quietly ahead of the CPI release, with mixed movements leaving the…
INFLATION WATCH – September 2025
Inflation Watch – Nigeria Inflation Sustains Moderation Amid Stable FX and Energy Prices For the sixth consecutive month, Nigeria’s inflation rate declined in September 2025, settling at 18.02% y/y, down from 20.12% in August, according to the latest…
FINANCIAL MARKETS TODAY – 14 October 2025
System Liquidity Market liquidity improved to ₦2.2 trillion on OMO maturities, slightly easing funding rates, with the OPR steady at 24.50% and the O/N rate closing at 24.87%. Treasury Bills The NTB market traded mixed, with the 8-Oct-2026 bill driving a…
FINANCIAL MARKETS TODAY – 13 October 2025
System Liquidity Market liquidity stood at ₦2.03 trillion, easing funding costs as the OPR held at 24.50% and the overnight rate fell to 24.90%. Treasury Bills The Treasury bill market started the week mildly bearish due to declining system liquidity,…
FINANCIAL MARKETS WEEKLY – 10 OCTOBER 2025
System Liquidity The interbank market remained stable during the week, supported by strong system liquidity despite large OMO outflows, with funding rates largely unchanged as the OPR held at 24.50% and the O/N rate inched up to 24.97% w/w. Treasury…
FINANCIAL MARKETS TODAY – 9 October 2025
System Liquidity Market liquidity held at ₦3.47 trillion despite ₦339.34 billion outflow, with stable funding costs (OPR 24.50%, O/N 24.85%). Treasury Bills The T-bill market traded bullish as strong post-auction demand followed the ₦570 bn DMO…
