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, down 60bps to 18.52%. The 91-day and 180-day eased 1bp each to […]

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 180-day, down 126bps to 17.93%. The 365-day eased 60bps to 19.12% […]

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 ahead of the MPC: the 91-day at 18.07%, the 180-day […]

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 at 22.00% and the overnight rate at 22.24%. Treasury Bills Secondary trading […]

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 happened. But that is exactly what the scammers […]

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 of the next OMO offer against maturities. Treasury Bills Secondary market rates were […]

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 Bills Secondary market rates were mixed, 91-day easing to 18.11%, 180-day […]

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, 91-day to 18.42%, 180-day to 18.88%, 365-day to 19.70%, with the 1-year bill likely […]

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% after the CBN allotted ₦1.05trn and cut the 364-day stop rate 22bps to 16.62%; strong primary demand should cap any […]

When we hear “data breach,” the first thought is often: Was any money stolen? But money doesn’t have to disappear for a data breach to affect you. In August 2026, Zenith Bank disclosed that it was investigating unauthorized access to some customer data. The bank stated that financial information, banking services and digital channels were […]