FINANCIAL MARKETS TODAY – 29 January 2026
System Liquidity System liquidity opened with a surplus balance of ₦560.22 billion, a significant decline of ₦4.07 trillion due mainly to OMO sales despite notable SDF placements and bond coupon inflows. Funding costs inched up slightly as the Overnight…
FINANCIAL MARKETS TODAY – 28 January 2026
System Liquidity System liquidity opened at ₦4.63 trillion, reflecting a decline of ₦1.49 trillion due to the settlement of ₦1.54 trillion in bond sales outweighing higher placements in the SDF window. Funding costs were stable, with the OPR at 22.50%…
FINANCIAL MARKETS TODAY – 27 January 2026
System Liquidity System liquidity expanded sharply to a ₦6.13 trillion surplus on the back of ₦2.14 trillion OMO maturities and higher SDF placements. Funding conditions stayed stable, with average funding cost 22.65%, OPR 22.50%, and OVN 22.79%.…
FINANCIAL MARKETS TODAY – 26 January 2026
System Liquidity System liquidity strengthened to a ₦3.91 trillion surplus, driven by heavy SDF placements and bond coupon inflows. Funding conditions were stable, with average funding cost at 22.65%, OPR 22.50%, and OVN 22.79%. Treasury Bills NTB…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 23 JANUARY 2026
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 maturities and strong SDF placements.…
FINANCIAL MARKETS TODAY – 22 January 2026
System Liquidity System liquidity improved significantly, opening with a surplus of ₦2.58 trillion due to large inflows from bond and NTB maturities. This eased funding pressures, leading to a slight decline in average funding rates. Overnight and repo…
FINANCIAL MARKETS TODAY – 21 January 2026
System Liquidity System liquidity swung into a sharp deficit of ₦973.9bn, driven mainly by sizable OMO sales and SLF borrowings, despite SDF placements and bond coupon inflows. As a result, funding conditions tightened, with average funding cost rising…
FINANCIAL MARKETS TODAY – 20 January 2026
System Liquidity System liquidity opened in a strong surplus of ₦3.77tn, buoyed by a sizeable OMO repayment despite CBN liquidity sterilisation via OMO and SDF. Funding conditions remained stable, with OPR and OVN rates flat at elevated levels. Treasury…
FINANCIAL MARKETS TODAY – 19 January 2026
System Liquidity System liquidity improved, opening with a surplus of ₦2.24 trillion, supported by higher DMB placements at the CBN’s SDF and primary market repayments. Despite ample liquidity, average funding costs edged higher as overnight rates spiked…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 16 JANUARY 2026
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 Bureau of Statistic (NBS)- the Nigeria Consumer Price Index (CPI), for the month of…
