FINANCIAL MARKETS TODAY – 03 June 2026
System Liquidity System liquidity improved significantly, rising 26.5% to ₦5.33tn from ₦4.21tn, driven by strong placements at the CBN’s SDF window. Despite the liquidity surplus, the NOFR remained unchanged at 22.0%. Treasury Bills The NTB secondary market traded on a mildly bullish but subdued note as investors focused on the NTB PMA. Strong auction demand […]
FINANCIAL MARKETS TODAY – 26 May 2026
System Liquidity System liquidity opened on a stronger surplus position of ₦5.92 trillion, supported by significant inflows from OMO maturities and primary market repayments, alongside sustained placements at the CBN’s SDF window. Despite improved liquidity conditions, the NOFR remained stable at 22.00%, indicating balanced short-term funding pressures. Treasury Bills The NTB secondary market remained subdued, […]
FINANCIAL MARKETS TODAY – 21 May 2026
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 […]
FINANCIAL MARKETS TODAY – 20 May 2026
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 […]
FINANCIAL MARKETS TODAY – 19 May 2026
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 […]
FINANCIAL MARKETS TODAY – 18 May 2026
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 […]
PASSWORD SHARING: A SMALL ACTION WITH MAJOR SECURITY RISKS
Many people believe sharing passwords with trusted colleagues is harmless. Some employees also believe there is nothing wrong with sharing their password because they feel their account does not contain sensitive information or is not important enough to be targeted. THIS IS A DANGEROUS ASSUMPTION. Every user account within the organization is part of the […]
FINANCIAL MARKETS TODAY – 14 May 2026
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 […]
FINANCIAL MARKETS TODAY – 13 May 2026
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 […]
FINANCIAL MARKETS TODAY – 12 May 2026
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 […]


