FINANCIAL MARKETS TODAY – 29 July 2025
System Liquidity System liquidity dipped by ₦874.3bn to ₦1.1tn, largely driven by the settlement of the previous session’s OMO auction despite a coupon inflow of ₦41.3bn. However, the Overnight Policy Rate (OPR) closed flat at 26.50%, while the Overnight…
FINANCIAL MARKETS TODAY – 28 July 2025
System Liquidity System liquidity opened the day stronger, rising by ₦648.7bn to ₦1.99tn. However, the Overnight Policy Rate (OPR) closed flat at 26.50%, while the Overnight (O/N) rate inched up by 8bps to 27.00%. Treasury Bills The Treasury bills…
FINANCIAL MARKETS TODAY – 24 July 2025
System Liquidity FAAC inflows and coupon payments improved the system liquidity significantly by ₦1.18 trillion. Funding rates dropped significantly, with the Overnight Policy Rate (OPR) falling by 475bps to 26.5%, and the Overnight (O/N) rate declining…
FINANCIAL MARKETS TODAY – 23 July 2025
System Liquidity System liquidity remains in deficit but improved by reduced SLF funding and coupon inflow. Funding rates funding rates moderated, with the OPR falling by 125bps to 31.25%, and O/N rate declining by 108bps to 31.67% Treasury Bills The…
FINANCIAL MARKETS TODAY – 22 July 2025
System Liquidity System liquidity remains in deficit despite the coupon inflow of about ₦74.34 billion. Funding rates were mixed, with OPR rosing 8bps to 32.50%, while the O/N shed 8bps to 32.75%. Treasury Bills The Treasury Bills secondary market…
FINANCIAL MARKETS TODAY – 21 July 2025
System Liquidity Despite a ₦90.59 billion bond coupon inflow, interbank liquidity remained tight. OPR rose 9bps to 32.42%, and O/N climbed 16bps to 32.83%. Treasury Bills Market activity was subdued ahead of Wednesday’s NTB auction and MPC meeting,…
FINANCIAL MARKETS TODAY – 17 July 2025
System Liquidity Tight interbank liquidity persisted following CBN FX settlements and bank obligations. Rates stayed elevated with OPR and O/N rates climbing to 32.42% and 32.75%. Treasury Bills T-Bills traded quietly but with bearish sentiment, driven…
FINANCIAL MARKETS TODAY – 16 July 2025
System Liquidity Liquidity remained tight, keeping interbank rates elevated. The Overnight Policy Rate (OPR) edged up by 8bps to 32.25%, while the Overnight (O/N) rate dipped slightly by 9bps to 32.58%. Treasury Bills T-bills market was quiet with low…
FINANCIAL MARKETS TODAY – 14 July 2025
System Liquidity Liquidity tightened as banks settled AMCON obligations, deepening the market’s debit position. Interbank rates remained elevated, with OPR rising by 67bps to 32.17% and O/N increasing by 50bps to 32.67%. Treasury Bills T-bills…
FINANCIAL MARKETS TODAY – 10 July 2025
System Liquidity FPI inflows and NTB maturities eased tight liquidity from the ₦1.2tn OMO settlement. OPR dropped 25bps to 29.50%, O/N dipped 34bps to 30.08%, keeping rates within the 29–30% range. Treasury Bills Trading was active, focused on…