MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 20 FEBRUARY 2026
Markets Surge as Liquidity Swings and Risk Assets Rally System liquidity moved sharply during the week, starting with a strong surplus of ₦4.68 trillion on Monday and peaking at ₦5.26 trillion on Tuesday before tightening mid week due to NTB and OMO…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 13 FEBRUARY 2026
January Inflation Rate to Rise to over 18% Amid Base Year Effect In the week ahead, the National Bureau of Statistics (NBS will publish the Consumer Price Index (CPI) for the month of January 2026. The expected CPI data will show how Nigeria has dealt…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 6 FEBRUARY 2026
Strong Liquidity, Bullish Fixed Income, Equities Rally System liquidity rebounded strongly during the week, shifting from a prior deficit to a sustained surplus that closed at ₦2.57 trillion. This improvement was driven by heavy placements at the CBN’s…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 23 JANUARY 2026
System Liquidity: Liquidity Volatile as CBN Mop-Up Drives Midweek Deficit System liquidity fluctuated during the week, briefly turning negative midweek due to aggressive OMO sales, before closing in surplus on maturities and strong SDF placements.…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 16 JANUARY 2026
NBS Readjust Base Year Methodology to Global Standard as Inflation Ease To 15.15% In Dec’25 This week, we took a look at a major economic data published by the National Bureau of Statistic (NBS)- the Nigeria Consumer Price Index (CPI), for the month of…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 9 JANUARY 2026
Base-Year Effect Festive Spending to Halt Disinflationary Trend in December; Headline CPI expected at a range of 31.4– 32.4%y/y In the week ahead, the National Bureau of Statistics (NBS will publish the Consumer Price Index (CPI) for the month of…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 2 JANUARY 2026
System Liquidity: Liquidity Swings Amid Holiday Crunch Liquidity was volatile during the shortened holiday week, boosted midweek by OMO maturities but easing toward week-end as SDF placements declined. Funding conditions remained relatively favourable,…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 25 DECEMBER 2025
System Liquidity: Improvement in System Liquidity Pushes Funding Cost Lower by 4bps w/w Interbank system liquidity remained robust throughout the week, supported by sustained DMB placements at the CBN’s SDF window, alongside OMO maturities and bond…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 19 DECEMBER 2025
Headline Inflation Moderates to 14.45%, Below FG 2025 Target According to the data released by the National Bureau of Statistics, the Nigeria’s Headline inflation rate (the measure of the average change in the general price level of goods and services in…
MACRO ECONOMIC AND FINANCIAL MARKETS WEEKLY UPDATE – 12 DECEMBER 2025
Mixed Foreign Trade Performance as Imported Refined Oil Dip During the week, the National Bureau of Statistics published the Nigeria Foreign Trade data for Q3-2025. According to the data, the Nigeria balance of trade in Q3-2025 fell by 10.4%q/q but rose…
