FINANCIAL MARKETS TODAY – 30 July 2026
System Liquidity System liquidity fell sharply by 36.82% to ₦2.55 trillion from ₦4.04 trillion, largely due to a ₦1.25 trillion NTB auction settlement outflow. As liquidity tightened, the Overnight Rate (OVN) rose by 12bps to 22.35%, while the NOFR and…
FINANCIAL MARKETS TODAY – 29 July 2026
System Liquidity System liquidity declined by 38.0% to ₦4.04 trillion from ₦6.52 trillion, driven by a ₦211.62 billion OMO auction settlement outflow and a ₦640.64 billion reduction in SDF placements. Despite the lower liquidity, the Overnight Rate (OVN)…
FINANCIAL MARKETS TODAY – 28 July 2026
System Liquidity System liquidity rose sharply by 44.33% to ₦6.52 trillion from ₦4.51 trillion, driven by a ₦2.19 trillion OMO maturity inflow. As liquidity improved, the Overnight Rate declined by 6bps (-6.00%) to 22.19%, while the OPR and NOFR remained…
FINANCIAL MARKETS TODAY – 27 July 2026
System Liquidity Banking system liquidity improved significantly to a ₦2.24 trillion surplus, supported by ₦1.03 trillion in OMO maturities, although average funding cost edged up 10bps to 22.90% ahead of the NTB auction. FGN Bonds The FGN bond market…
FINANCIAL MARKETS TODAY – 23 July 2026
System Liquidity System liquidity remained healthy, supported by ₦29.34bn coupon inflows, leading to a slight moderation in funding rates, while liquidity conditions are expected to keep interbank rates broadly stable in the near term. FGN Bonds Domestic…
FINANCIAL MARKETS TODAY – 22 July 2026
System Liquidity System liquidity improved to ₦3.23tn following Tuesday’s ₦1.46tn OMO maturity, while funding rates remained elevated around 22%, with mild upward pressure expected as the ₦931.82bn July FGN Bond PMA settlement temporarily moderates…
FINANCIAL MARKETS TODAY – 21 July 2026
System Liquidity System liquidity rose to ₦3.11tn from ₦1.81tn, supported by a ₦1.46tn inflow from the 21-Apr-2026 OMO maturity, although funding rates are expected to face moderate upward pressure as the July FGN Bond PMA settlement temporarily reduces…
FINANCIAL MARKETS TODAY – 16 July 2026
System Liquidity System liquidity declined to ₦4.71tn after settlement of the ₦1.19tn NTB auction outweighed the ₦600.54bn FGN coupon payment, although funding rates are expected to ease in the near term. FGN Bonds Trading was subdued as investors…
FINANCIAL MARKETS TODAY – 15 July 2026
System Liquidity Liquidity improved following an FGN bond coupon payment, but the large NTB auction settlement is expected to exert mild upward pressure on funding rates in the near term. FGN Bonds Trading was subdued as investors shifted focus to the…
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Let’s talk about a phishing technique that doesn’t ask for your password—but can still give attackers access to your account. Many of us are familiar with verification codes used to confirm our identity when signing in or accessing online…