System Liquidity System liquidity remained strongly in surplus but declined to ₦3.84trn (from ₦3.95trn), driven mainly by ₦894.16bn auction settlement outflows, which outweighed inflows from NTB maturities. Despite the drop in liquidity, funding rates eased slightly, with NOFR flat and OVN lower. Treasury Bills The NTB market traded quiet and stable post-auction, with yields largely […]

System Liquidity System liquidity opened in surplus at ₦3.95trn slightly lower day on day with strong SDF placements at ₦3.86trn, while funding costs eased as OVN declined 4bps to 22.25%; OMO auction saw heavy demand with ₦2.22trn subscription vs ₦600bn offered, signalling still-robust liquidity despite expected near-term tightening. Treasury Bills The NTB secondary market was […]

System Liquidity System liquidity opened Tuesday with a stronger surplus of ₦5.87 trillion, rising by ₦2.31 trillion day‑on‑day, driven by ₦2.16 trillion in OMO maturities and strong SDF placements of ₦3.62 trillion. Despite ample liquidity, average funding cost increased by 3bps to 22.15%, with the overnight rate rising to 22.29% while the OPR remained at […]

Let’s talk about something important — and very real. Recent reports circulating within the cybersecurity community describe a major cyber incident affecting key digital platforms within Nigeria’s financial and corporate ecosystem. While investigations are still ongoing and full validation is yet to be publicly confirmed, the details being discussed are serious enough to pay attention […]

System Liquidity System liquidity opened the week at ₦3.56 trillion, lower than the previous session, reflecting a day‑on‑day decline of ₦275.08 billion, although conditions remained supported by ₦3.46 trillion in DMB placements at the CBN’s Standing Deposit Facility. Average funding cost rose by 4bps to 22.12%, with the overnight rate climbing to 22.23% while the […]

System Liquidity System liquidity opened with a surplus of ₦3.82 trillion, supported by ₦3.75 trillion in DMB placements at the CBN’s SDF and ₦535.61 million in primary market repayments, partly offset by ₦28.00 billion SLF borrowing. Despite the surplus, average funding cost rose by 5bps to 22.16%, with the overnight rate at 22.31% and the […]

System Liquidity System liquidity opened positively at ₦3.79 trillion, supported by ₦341.64 million inflows from primary market repayments, while DMB placements at the CBN’s SDF stood at ₦3.69 trillion. Average funding cost eased by 4bps to 22.10%, with the overnight rate declining to 22.20% and the OPR unchanged at 22.00%. Treasury Bills The NTB market […]

System Liquidity System liquidity opened the week in a strong surplus position of ₦4.97 trillion, reflecting a ₦181.77 million increase supported by inflows from repayments and placements at the CBN’s SDF and SLF windows. Despite ample liquidity, average funding cost eased by 8bps to 22.09%, with the overnight rate declining to 22.19% while the OPR […]

System Liquidity System liquidity remained in surplus at ₦6.62 trillion but declined due to NTB auction settlements. Despite this, funding rates were unchanged, indicating stable money market conditions. Outlook suggests possible CBN mop-up, though rates may hold steady. Treasury Bills The NTB market traded quietly with selective buying interest in mid-tenors. Yields declined slightly, leading […]

System Liquidity System liquidity opened the week in a strong surplus position of ₦6.16 trillion as at 7 April 2026, reflecting a ₦706.69 billion increase week-on-week, driven mainly by ₦2.12 trillion OMO maturities. Despite the ample liquidity, average funding cost rose to 22.16%, with the overnight rate increasing to 22.31% while the OPR held steady […]