FINANCIAL MARKETS TODAY – 24 September 2026
System Liquidity Liquidity fell for the first time in five days, down 4.02% to ₦7.15trn from ₦7.45trn. The OPR eased 20bps to 20.80% and the overnight rate 78bps to 20.98%. Treasury Bills Lower auction stop rates pulled rates down, led by the 365-day,…
FINANCIAL MARKETS TODAY – 23 September 2026
System Liquidity Liquidity built for a fourth day, up 7.92% to ₦7.45trn from ₦6.91trn. The new corridor took effect: the OPR fell 100bps to 21.00% and the overnight rate eased 51bps to 21.76%. Treasury Bills The rate cut pulled rates lower, led by the…
FINANCIAL MARKETS TODAY – 22 September 2026
System Liquidity Liquidity built for a third day, up 73.15% to ₦6.91trn from ₦3.99trn. The MPC cut the policy rate 350bps to 23.00%, the OPR and NOFR held at 22.00% and the overnight rate was 22.27%. Treasury Bills Rates edged down 1bp across the curve…
MPC HIGHLIGHT – SEPTEMBER 2026
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 307th meeting on September 21 and 22, 2026, where it reviewed key developments in the domestic and global economic environment.
FINANCIAL MARKETS TODAY – 21 September 2026
System Liquidity Liquidity built for a second day, up 39.62% to ₦3.99trn from ₦2.86trn as the tail of the CBN’s ₦3.81trn mid-September repayments kept feeding through with no FAAC and no OMO auction to absorb it, with the OPR and NOFR both steady…
That Official-Looking SMS Could Be a Trap – Verify Before You Act on It
You receive a text message saying you have committed a traffic offence and need to pay a fine. It mentions the Federal Road Safety Corps (FRSC) and provides a link to review the offence. Your first reaction may be to click the link and find out what…
FINANCIAL MARKETS TODAY – 18 September 2026
System Liquidity Liquidity rebounded 40.74% to ₦2.86trn from ₦2.03trn as the tail of the CBN’s ₦3.81trn mid-week repayments fed back with no auction to absorb it, with the OPR and NOFR both steady at 22.00%; direction next week hinges on the size…
FINANCIAL MARKETS TODAY – 17 September 2026
System Liquidity Liquidity fell 65.53% to ₦2.03trn from ₦5.89trn as the CBN drained cash via OMO, with the OPR steady at 22.00% and the overnight rate up to 22.30%; direction this week hinges on the size of the next OMO offer against maturities. Treasury…
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%…
