FINANCIAL MARKETS TODAY – 07 April 2026
System Liquidity System liquidity opened the week in a strong surplus position of ₦6.16 trillion, largely driven by OMO maturities and continued placements at the CBN’s SLF window. This excess liquidity pushed funding costs slightly lower, with overnight and repo rates easing. Looking ahead, funding rates are expected to decline modestly as liquidity remains buoyant. […]
FINANCIAL MARKETS TODAY – 23 March 2026
System Liquidity System liquidity opened with a surplus of ₦8.15 trillion, a decline of ₦91.12 billion due mainly to net outflows from primary market activities. Despite this, SDF balances increased by ₦113.78 billion to ₦8.18 trillion, while the average funding cost inched up to 22.14%. Treasury Bills The NTB secondary market traded mixed, with notable […]
Overexposure in Meetings – Are You Sharing Too Much?
Let us take a moment to talk about something that happens often during virtual and in-person meetings, unintended information exposure. Screen sharing has become a normal part of daily work. However, without proper attention, it can easily expose sensitive information that was never meant to be seen. This is not a technical issue. It is […]
FINANCIAL MARKETS TODAY – 05 March 2026
System Liquidity System liquidity rose to ₦5.84 trillion, up ₦622.34 billion, supported by ₦799.13 billion NTB maturity and higher SDF placements at ₦5.94 trillion. Funding costs increased to 22.14%, with OPR at 22.00% and OVN at 22.29%. Treasury Bills The NTB market traded cautiously after the ₦1.01 trillion PMA, where the 364-day bill cleared at […]
FINANCIAL MARKETS TODAY – 04 March 2026
System Liquidity System liquidity opened at a surplus of ₦5.21 trillion, down ₦461.94 billion due to ₦235.60 billion OMO settlement. Banks’ placements at the CBN SDF rose to ₦5.35 trillion. Funding conditions eased slightly as the average funding rate declined 5bps to 22.11%, with OPR at 22.00% and OVN at 22.21%. Treasury Bills The NTB […]
FINANCIAL MARKETS TODAY – 02 March 2026
System Liquidity System liquidity opened with a surplus of ₦4.39 trillion, an increase of ₦682.39 billion from the previous session, driven by higher DMB placements at the CBN’s SDF window rising from ₦3.62 trillion to ₦4.32 trillion. Average funding cost inched up to 22.18%, with OPR at 22.00% and OVN at 22.35%. Treasury Bills The […]
FINANCIAL MARKETS TODAY – 26 February 2026
System Liquidity System liquidity opened with a surplus of ₦2.68 trillion, a decline of ₦850.64 billion from the previous session due to reduced DMB placements at the SDF window and a ₦1.11 trillion OMO settlement. Average funding cost inched up to 22.13%, with OPR at 22.00% and OVN at 22.25%. Treasury Bills The NTB secondary […]
FINANCIAL MARKETS TODAY – 25 February 2026
System Liquidity System liquidity opened with a surplus of ₦3.53 trillion, increasing by ₦416 billion due to higher DMB placements at the SDF window despite bond auction settlements. The CBN conducted an OMO auction, offering ₦600 billion but allotting ₦1.11 trillion, while average funding costs eased slightly to 22.08%. Treasury Bills The NTB secondary market […]
FINANCIAL MARKETS TODAY – 24 February 2026
System Liquidity System liquidity opened with a surplus of ₦3.11 trillion, boosted by ₦730.70 billion in OMO maturities and ₦4.47 billion in PMA repayments. Average funding cost eased to 22.13%, with OPR at 22.00% and OVN at 22.25%. Treasury Bills The NTB market traded bullish as demand caused rate declines across most maturities. Mid tenor […]
FINANCIAL MARKETS TODAY – 23 February 2026
System Liquidity System liquidity opened with a surplus of ₦2.65 trillion, boosted by ₦614.61 billion in coupon inflows despite reduced SDF placements at the CBN. Average funding costs eased slightly to 22.59%, with OPR at 22.50% and OVN at 22.68%. Treasury Bills The NTB secondary market traded quietly and remained stable, with benchmark rates unchanged […]


