FINANCIAL MARKETS TODAY – 16 September 2026
System Liquidity Liquidity jumped 6.36% to ₦5.89trn from ₦5.54trn, with the OPR steady at 22.00% and the overnight rate easing to 22.19%; direction this week hinges on the size of the next OMO offer. Treasury Bills Secondary market rates eased slightly,…
FINANCIAL MARKETS TODAY – 14 September 2026
System Liquidity Liquidity rose 3.84% d/d to ₦2.56trn despite the ₦1.05trn NTB settlement, with funding rates pinned at 22.00%; ₦2.94trn of OMO maturities set direction this week. Treasury Bills The average benchmark yield eased 2bps to 19.03%…
A Data Breach Doesn’t Have to Steal Your Money to Put You at Risk
When we hear “data breach,” the first thought is often: Was any money stolen? But money doesn’t have to disappear for a data breach to affect you. In August 2026, Zenith Bank disclosed that it was investigating unauthorized access to some customer…
FINANCIAL MARKETS TODAY – 28 August 2026
System Liquidity System liquidity closed the week in surplus at ₦3.61 trillion following heavy OMO and NTB auction settlements, pushing average funding costs up slightly to 22.11%. Treasury Bills he Treasury Bills secondary market closed with…
FINANCIAL MARKETS TODAY – 27 August 2026
System Liquidity Liquidity moderated on settlement outflows from the prior day’s auctions, though a bond coupon and steady SDF participation cushioned the decline. Funding costs should stay moderated, though fresh pressure looms as OMO settlement…
FINANCIAL MARKETS TODAY – 26 August 2026
System Liquidity Liquidity remained in surplus, supported by coupon inflows on a maturing FGN bond and stronger DMB participation at the SDF window, with no recourse to the SLF. Funding rates held stable and should moderate further next session on…
FINANCIAL MARKETS TODAY – 24 August 2026
System Liquidity System liquidity opened the week in surplus, supported by coupon inflows and strong participation at the SDF window. Funding rates should moderate next session, supported by expected liquidity inflows. Treasury Bills The NTB market…
FINANCIAL MARKETS TODAY – 20 August 2026
System Liquidity System liquidity stayed in surplus despite a slight pullback, as funding costs eased on continued strong participation at the SDF window. Rates should stay anchored near current levels next session, supported by expected coupon inflows.…
FINANCIAL MARKETS TODAY – 19 August 2026
System Liquidity System liquidity tightened as funding pressures from the August FGN Bond PMA settlement drained the system, even as funding costs held steady. Rates should stay anchored near current levels next session as the bulk of the auction-related…
FINANCIAL MARKETS TODAY – 18 August 2026
System Liquidity System liquidity swung sharply into a wider surplus as a large OMO maturity inflow more than offset prior tightness, even as DMBs stayed active at the SDF window. Funding costs held steady as a result but are expected to face renewed…
