Category: Weekly Market Report

January Inflation Rate to Rise to over 18% Amid Base Year Effect In the week ahead, the National Bureau of Statistics (NBS will publish the Consumer Price Index (CPI) for…

Strong Liquidity, Bullish Fixed Income, Equities Rally System liquidity rebounded strongly during the week, shifting from a prior deficit to a sustained surplus that closed at ₦2.57 trillion. This improvement…

System Liquidity: Liquidity Volatile as CBN Mop-Up Drives Midweek Deficit System liquidity fluctuated during the week, briefly turning negative midweek due to aggressive OMO sales, before closing in surplus on…

NBS Readjust Base Year Methodology to Global Standard as Inflation Ease To 15.15% In Dec’25 This week, we took a look at a major economic data published by the National…

Base-Year Effect Festive Spending to Halt Disinflationary Trend in December; Headline CPI expected at a range of 31.4– 32.4%y/y In the week ahead, the National Bureau of Statistics (NBS will…

System Liquidity: Liquidity Swings Amid Holiday Crunch Liquidity was volatile during the shortened holiday week, boosted midweek by OMO maturities but easing toward week-end as SDF placements declined. Funding conditions…

System Liquidity: Improvement in System Liquidity Pushes Funding Cost Lower by 4bps w/w Interbank system liquidity remained robust throughout the week, supported by sustained DMB placements at the CBN’s SDF…

Headline Inflation Moderates to 14.45%, Below FG 2025 Target According to the data released by the National Bureau of Statistics, the Nigeria’s Headline inflation rate (the measure of the average…

Mixed Foreign Trade Performance as Imported Refined Oil Dip During the week, the National Bureau of Statistics published the Nigeria Foreign Trade data for Q3-2025. According to the data, the…

Service Sector Led Nigeria Q3’25 Economic Expansion During the week, the National Bureau of Statistics (NBS) published one of the major economic indication data, Gross Domestic Product (GDP) for the…