FINANCIAL MARKETS TODAY – 05 October 2026
System Liquidity: Liquidity rose 3.89% to ₦5.05trn from ₦4.86trn, as banks placed c. ₦4.86trn at the SDF window with no recourse to the SLF. The OPR fell 40bps to 20.00% and the overnight rate fell 26bps to 20.54%, pulling the average funding cost down…
Security Is a Daily Habit – Not Something You Think About Only When There’s a Threat
Security is often something we pay attention to after something has gone wrong; a suspicious email, compromised account, lost device, or security incident. But good security doesn’t start with an incident. It starts with everyday habits. Every day,…
FINANCIAL MARKETS TODAY – 02 October 2026
System Liquidity: The ₦4.69trn OMO sale settled and cut liquidity to ₦4.70trn from ₦8.84trn. Liquidity then rose 3.32% to ₦4.86trn. The OPR rose 40bps to 20.40% and the overnight rate rose 41bps to 20.80%. NOFR held at the 20.00% floor and the average…
FINANCIAL MARKETS TODAY – 29 September 2026
System Liquidity: Liquidity rose 37.01% to ₦8.84trn from ₦6.45trn. The overnight rate rose 28bps to 20.86%, NOFR held at the 20.00% floor, and the average T-bill rate was flat at 17.84%. Treasury Bills: The CBN sold ₦4.69trn of OMO bills against ₦2.5trn…
FINANCIAL MARKETS TODAY – 28 September 2026
System Liquidity Liquidity rose 7.92% to ₦6.45trn from ₦5.98trn. NOFR held at the 20.00% floor, and the average T-bill rate eased 5bps to 17.84%. Treasury Bills Trading quietened after last week’s rally. The 91-day and 365-day each eased 3bps, to…
That “Free Data and Airtime” Offer Looks Tempting – But Is It Genuine?
Free data, airtime, cash rewards and giveaways can easily get our attention. The Nigerian Communications Commission – Computer Security Incident Response Team (NCC-CSIRT) recently identified a phishing campaign falsely promising Nigerians 10GB of free…
FINANCIAL MARKETS TODAY – 25 September 2026
System Liquidity Liquidity fell 16.40% to ₦5.98trn from ₦7.15trn as ₦6.09trn in bids chased ₦1trn of OMO bills. The OPR eased 40bps to 20.40% and the overnight rate 21bps to 20.77%. Treasury Bills Record-low auction stop rates pulled rates down, led by…
FINANCIAL MARKETS TODAY – 24 September 2026
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,…
FINANCIAL MARKETS TODAY – 23 September 2026
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…
FINANCIAL MARKETS TODAY – 22 September 2026
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…
