FINANCIAL MARKETS TODAY – 8 October 2025
System Liquidity The interbank market stayed liquid at ₦3.79trn, keeping the OPR steady at 24.50% while the O/N rate eased slightly to 24.85%. Treasury Bills The Treasury bills market was quiet ahead of the ₦570bn NTB auction, which drew ₦1.06trn bids…
FINANCIAL MARKETS TODAY – 7 October 2025
System Liquidity Interbank liquidity fell by ₦732.2bn to ₦5.39tn on heavy OMO settlements and lower DMB deposits, though OPR stayed flat at 24.50% while ON inched down to 24.87%. Treasury Bills The NTB market was quiet with a mild bullish tone ahead of…
FINANCIAL MARKETS TODAY – 6 October 2025
System Liquidity Market liquidity rose to ₦6.12 trillion, keeping OPR stable at 24.50% and OVN slightly lower at 24.88%. Treasury Bills The NTB market opened the week bullish, with strong demand driving rates down across maturities and the average yield…
FINANCIAL MARKETS WEEKLY – 03 OCTOBER 2025
System Liquidity Liquidity stayed strong, peaking at ₦7.1trn before closing near ₦5.7trn, supported by inflows despite auction outflows. Funding costs remained high, with the O/N at 24.89% and OPR at 24.50%. Treasury Bills The T-bills market opened mixed…
Monthly Financial Market Update – September 2025
Global Macroeconomic Review The U.S. saw soft labor growth but strong GDP, prompting a 25bps Fed cut as inflation stayed above target. The U.K. faces sticky inflation and weak labor demand, keeping the Bank Rate at 4.0%. The ECB paused rates, upgraded…
FINANCIAL MARKETS TODAY – 2 October 2025
System Liquidity Market liquidity remained strong at ₦7.11 trillion, keeping the OPR at 24.50% and the Overnight Rate at 24.88%. Treasury Bills The Treasury bill market remained bullish on strong liquidity, with long-tenor bills in high demand, pushing…
FINANCIAL MARKETS TODAY – 30 September 2025
System Liquidity Liquidity rose to ₦6.57trn on OMO inflows and higher DMB deposits, keeping the OPR steady at 24.50% while the OVN rate slipped to 24.92%. Treasury Bills The NTB market rallied on strong liquidity and bond PMA sentiment, with the 03 Sept…
FINANCIAL MARKETS TODAY – 29 September 2025
System Liquidity The week opened with robust system liquidity of ₦5.73trn from strong DMB placements at the CBN’s SDF window, while money market rates were mixed as the OPR held at 24.50% and the OVN inched up 12bps to 25.00%. Treasury Bills The NTB…
FINANCIAL MARKETS WEEKLY – 26 SEPTEMBER 2025
System Liquidity The interbank market enjoyed robust liquidity from coupon, FAAC, OMO, and NTB inflows, driving DMB placements at the CBN’s SDF window and pushing average funding costs down 204bps w/w to 24.69% following the MPC’s rate cut. Treasury…
FINANCIAL MARKETS TODAY – 25 September 2025
System Liquidity Ample system liquidity from a ₦201.38bn coupon inflow kept the interbank market robust, with OPR and OVN steady at 24.50% and 24.88%, respectively. Treasury Bills The NTB market traded quietly with selective demand, as the 3-Sep-2026…
