FINANCIAL MARKETS TODAY – 22 December 2025
System Liquidity System liquidity opened stronger at ₦3.88tn (+₦595bn), supported by higher DMB placements at the SDF and PMA inflows, despite a sizable OMO allotment; funding costs eased with OPR at 22.50% and O/N down to 22.68%. Treasury Bills NTB…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 19 DECEMBER 2025
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 change in the general price level of goods and services in…
FINANCIAL MARKETS TODAY – 18 December 2025
System Liquidity Liquidity opened stronger at ₦3.06tn, driven by higher SDF placements and PMA inflows of ₦109.42bn. Net system balance rose ₦480.52bn. Funding conditions stayed tight, with average funding cost flat at 22.63% as OPR and O/N closed at…
FINANCIAL MARKETS TODAY – 17 December 2025
System Liquidity System liquidity remained in surplus at ₦2.58 trillion, though lower than the previous day, as bond auction settlement and SLF usage moderated balances, while heavy DMB placements at the SDF kept liquidity ample; funding rates edged…
FINANCIAL MARKETS TODAY – 16 December 2025
System Liquidity System liquidity improved to a surplus of ₦3.06 trillion, supported by OMO maturities and coupon inflows, which helped ease funding conditions slightly as O/N and OPR rates moderated marginally. Treasury Bills The NTB secondary market…
FINANCIAL MARKETS TODAY – 15 December 2025
System Liquidity System liquidity opened the week with a surplus of ₦2.59 trillion, reflecting a ₦135.2 billion moderation from the prior week due to reduced placements at the CBN’s SDF despite bond coupon inflows. Funding conditions remained stable,…
INFLATION WATCH – November 2025
Inflation Watch – Headline Inflation Moderates to 14.45%, Below FG 2025 Target For the eighth consecutive months, the Nigeria’s headline inflation sustained deceleration, easing to 14.45%y/y in November 2025, down from 16.05% in October, according to the…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 12 DECEMBER 2025
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 Nigeria balance of trade in Q3-2025 fell by 10.4%q/q but rose…
FINANCIAL MARKETS TODAY – 11 December 2025
System Liquidity Market liquidity opened with a ₦3.5 trillion surplus after a ₦521.3 billion moderation driven by reduced CBN SDF placements and net outflows from NTB settlements, while funding rates held around OPR 22.50% and O/N 22.79%. Treasury Bills…
FINANCIAL MARKETS TODAY – 10 December 2025
System Liquidity System liquidity moderated to ₦3.97 trillion as increased placements at the CBN’s SDF window tightened conditions slightly, pushing funding rates higher with OPR at 22.50% and O/N at 22.80%. Treasury Bills The NTB market held a calm…
