FINANCIAL MARKETS TODAY – 22 September 2025
System Liquidity The interbank market opened the week firm, as liquidity improved from SDF and coupon inflows, keeping OPR and OVN steady at 26.5% and 26.95%. Treasury Bills The T-bills market traded bullish, led by strong demand in the 4-Dec and 6-Aug…
Q2 2025 GDP Highlights
Nigeria’s Economy Accelerates on Oil Boost, Expands 4.23% in Q2-2025 Nigeria’s economy grew by 4.23% YoY in Q2 2025, higher than the 3.48% growth in Q2 2024 and 3.13% in Q1 2025. The economy continued to show positive performance, driven largely by…
FINANCIAL MARKETS WEEKLY – 19 SEPTEMBER 2025
System Liquidity Interbank liquidity remained strong despite ₦660bn CCS repayment and ₦267bn NTB settlement. Inflows from OMO maturities, bond coupons, and CBN allocations supported stability. Rates stayed firm at 26.5% as liquidity eased w/w to ₦1.67trn…
FINANCIAL MARKETS TODAY – 18 September 2025
System Liquidity Ample liquidity persisted despite ₦660bn CCS repayment and ₦267bn net NTB settlement. Rates held steady at 26.5%. FAAC approved ₦2.225trn distribution, with ₦1.415trn expected in markets. Treasury Bills Bills traded bullish; strong…
FINANCIAL MARKETS TODAY – 17 September 2025
System Liquidity Interbank liquidity stayed strong with CBN inflows; OPR held at 26.50% while ON rate eased slightly to 26.88%. Treasury Bills NTB auction attracted ₦1.59trn bids, with ₦345.10bn allotted. Stop rates dropped across tenors; average…
FINANCIAL MARKETS TODAY – 16 September 2025
System Liquidity OMO maturities of ₦204.87bn sustained ample liquidity. Rates stayed firm at 26.5%, with OPR and Overnight rate holding at 26.50% and 26.92%. Treasury Bills T-bills traded actively but bearish ahead of NTB auction. 3-Sep bill drew most…
FINANCIAL MARKETS TODAY – 15 September 2025
System Liquidity Liquidity remained strong, keeping rates stable at 26.5%. OPR stayed at 26.50%, while the Overnight rate eased 4bps to 26.92%. Treasury Bills T-bills traded quietly with mild bullish tone. Interest focused on Jan–Apr OMO bills, though…
INFLATION WATCH – August 2025
Inflation Watch – Nigeria’s Inflation Cools Further, Down to 20.12% in August For the fifth consecutive month, Nigeria’s inflation rate declined in August 2025, settling at 20.12% y/y, down from 21.88% in July, according to the latest data from the…
FINANCIAL MARKETS WEEKLY – 12 SEPTEMBER 2025
System Liquidity System liquidity rose ₦446.13bn w/w to ₦2.085trn, supported by NTB and OMO maturities despite CRR debits. Interbank rates stayed stable near 26.5%, with OPR flat at 26.50% and O/N easing 4bps to 26.96%. Treasury Bills The NTB market was…
FINANCIAL MARKETS TODAY – 11 September 2025
System Liquidity ₦184.75bn NTB maturities boosted interbank liquidity; rates stayed stable at 26.5%, with OPR at 26.50% and ON rate unchanged at 26.96%. Treasury Bills T-bills market was quiet with low activity; selective demand for Mar and Apr OMO bills…