System Liquidity System liquidity opened with a moderate surplus of ₦5.69 trillion, down ₦519.93 billion from the previous session due largely to NTB settlement debits of about ₦829.33 billion. Despite the decline, liquidity remained robust as banks maintained sizeable SDF placements of roughly ₦5.80 trillion, while SLF usage stayed minimal at about ₦221 million. The […]

System Liquidity System liquidity remained strong, opening at a surplus of ₦6.21tn, supported mainly by CBN SDF placements and PMA repayments. Despite the MPC retaining the MPR at 26.5%, the NOFR stayed stable at 22.0%. Market expects rates to remain largely stable despite the ₦334bn bond auction settlement. Treasury Bills The Treasury Bills market traded […]

System Liquidity Liquidity opened significantly higher at ₦5.97tn, driven mainly by large SDF placements and minor OMO maturities. Despite the surplus, the NOFR held steady at 22.00%. Liquidity is expected to remain elevated in the next session barring shocks. Treasury Bills The NTB market traded quietly with a mild bearish bias as investors took profits […]

System Liquidity System liquidity opened the session with a moderate surplus of ₦3.56 trillion, down from ₦5.86 trillion previously, reflecting a ₦2.30 trillion decline. The position was supported mainly by ₦3.46 trillion in DMB placements at the CBN’s SDF and a ₦28.11 million primary market repayment, while ₦14 billion was placed at the SLF. Funding […]

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System Liquidity Liquidity opened slightly lower at ₦5.29tn, down ₦42.54bn from the previous day, supported mainly by ₦5.06tn in CBN SDF placements. Funding conditions stayed stable as the NOFR held at 22.0%. Looking ahead, funding rates may ease further, supported by an expected ₦249.88bn coupon inflow from the FGN May 2033 bond. Treasury Bills The […]

System Liquidity System liquidity opened with a moderate surplus of ₦5.32 trillion, slightly lower than the previous session, largely supported by ₦5.09 trillion in DMB placements at the CBN’s SDF window and a ₦271.13 million primary market repayment. Despite the surplus, funding conditions were stable, with the Nigerian Overnight Financing Rate (NOFR) holding steady at […]

System Liquidity System liquidity opened with a surplus of ₦6.90 trillion, up from ₦4.92 trillion in the previous session, supported mainly by ₦4.57 trillion in DMB placements at the CBN SDF and ₦2.07 trillion in OMO maturities. Despite the ample liquidity, the Nigerian Overnight Financing Rate (NOFR) remained unchanged at 22.00%. Treasury Bills The NTB […]

System Liquidity System liquidity opened with a surplus of ₦6.96 trillion, improving by ₦344.63 billion from the previous day, largely supported by ₦6.92 trillion in DMB placements at the CBN’s SDF and ₦556.02 billion from NTB maturities. This was partly offset by a ₦731.75 billion PMA settlement and ₦20.00 billion SLF borrowing, while the Nigerian […]

System Liquidity System liquidity opened with a surplus of ₦6.62 trillion, slightly higher than the previous day, largely supported by ₦6.19 trillion in DMB placements at the CBN’s Standing Deposit Facility. Despite the ample liquidity, the Nigerian Overnight Financing Rate (NOFR) remained unchanged at 22.00%. Treasury Bills The NTB secondary market traded flat as investors […]