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…
Before You Enter That Verification Code, Stop and Verify
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…
FINANCIAL MARKETS TODAY – 08 July 2026
System Liquidity Liquidity remained strong, supported by the recent OMO maturity, although the upcoming NTB auction settlement is expected to moderate liquidity despite partial support from an NTB maturity. FGN Bonds FGN bond yields were broadly steady…
FINANCIAL MARKETS TODAY – 16 June 2026
System Liquidity System liquidity remained elevated but volatile, with balances around ₦3.74tn recently after fluctuating significantly above ₦4tn in prior sessions, reflecting intermittent funding pressures. Overnight rates stayed broadly stable near…
Pause Before You Respond; Familiar Names Don’t Always Mean Safe Messages
Let’s talk about something that can easily look like normal workplace communication, but is actually a common method used to trick employees into engaging with the wrong person. A recent incident involved a Microsoft Teams message that appeared to come…
FINANCIAL MARKETS TODAY – 03 June 2026
System Liquidity System liquidity improved significantly, rising 26.5% to ₦5.33tn from ₦4.21tn, driven by strong placements at the CBN’s SDF window. Despite the liquidity surplus, the NOFR remained unchanged at 22.0%. Treasury Bills The NTB…
