FINANCIAL MARKETS TODAY – 29 September 2026
System Liquidity: Liquidity rose 37.01% to ₦8.84trn from ₦6.45trn. The overnight rate rose 28bps to 20.86%, NOFR held at the 20.00% floor, and the average T-bill rate was flat at 17.84%. Treasury Bills: The CBN sold ₦4.69trn of OMO bills against ₦2.5trn…
FINANCIAL MARKETS TODAY – 28 September 2026
System Liquidity Liquidity rose 7.92% to ₦6.45trn from ₦5.98trn. NOFR held at the 20.00% floor, and the average T-bill rate eased 5bps to 17.84%. Treasury Bills Trading quietened after last week’s rally. The 91-day and 365-day each eased 3bps, to…
FINANCIAL MARKETS TODAY – 25 September 2026
System Liquidity Liquidity fell 16.40% to ₦5.98trn from ₦7.15trn as ₦6.09trn in bids chased ₦1trn of OMO bills. The OPR eased 40bps to 20.40% and the overnight rate 21bps to 20.77%. Treasury Bills Record-low auction stop rates pulled rates down, led by…
FINANCIAL MARKETS TODAY – 24 September 2026
System Liquidity Liquidity fell for the first time in five days, down 4.02% to ₦7.15trn from ₦7.45trn. The OPR eased 20bps to 20.80% and the overnight rate 78bps to 20.98%. Treasury Bills Lower auction stop rates pulled rates down, led by the 365-day,…
FINANCIAL MARKETS TODAY – 23 September 2026
System Liquidity Liquidity built for a fourth day, up 7.92% to ₦7.45trn from ₦6.91trn. The new corridor took effect: the OPR fell 100bps to 21.00% and the overnight rate eased 51bps to 21.76%. Treasury Bills The rate cut pulled rates lower, led by the…
FINANCIAL MARKETS TODAY – 22 September 2026
System Liquidity Liquidity built for a third day, up 73.15% to ₦6.91trn from ₦3.99trn. The MPC cut the policy rate 350bps to 23.00%, the OPR and NOFR held at 22.00% and the overnight rate was 22.27%. Treasury Bills Rates edged down 1bp across the curve…
FINANCIAL MARKETS TODAY – 21 September 2026
System Liquidity Liquidity built for a second day, up 39.62% to ₦3.99trn from ₦2.86trn as the tail of the CBN’s ₦3.81trn mid-September repayments kept feeding through with no FAAC and no OMO auction to absorb it, with the OPR and NOFR both steady…
That Official-Looking SMS Could Be a Trap – Verify Before You Act on It
You receive a text message saying you have committed a traffic offence and need to pay a fine. It mentions the Federal Road Safety Corps (FRSC) and provides a link to review the offence. Your first reaction may be to click the link and find out what…
FINANCIAL MARKETS TODAY – 18 September 2026
System Liquidity Liquidity rebounded 40.74% to ₦2.86trn from ₦2.03trn as the tail of the CBN’s ₦3.81trn mid-week repayments fed back with no auction to absorb it, with the OPR and NOFR both steady at 22.00%; direction next week hinges on the size…
FINANCIAL MARKETS TODAY – 17 September 2026
System Liquidity Liquidity fell 65.53% to ₦2.03trn from ₦5.89trn as the CBN drained cash via OMO, with the OPR steady at 22.00% and the overnight rate up to 22.30%; direction this week hinges on the size of the next OMO offer against maturities. Treasury…
