Category: Daily Market Reports


  • Daily Market Update – 10th September 2026

    An 8.6% decline in system liquidity to N2.89 trillion from N3.16 trillion followed yesterdayโ€™s NTB auction settlement. Consequently, the overnight rate inched up by 6bps to 22.31%, while the OPR remained unchanged at 22.00%.

  • Daily Market Update – 9th September 2026

    A modest recovery was recorded in system liquidity, which increased by 7.1% to N3.16 trillion from N2.95 trillion following yesterdayโ€™s OMO auction settlement. Consequently, the overnight rate inched up by 10bps to 22.25%, while the open repo (OPR) remained at 22.00%.

  • Daily Market Update – 8th September 2026

    System liquidity increased by 69.7% to N7.35 trillion following the inflow of N3.70 trillion in OMO maturities. However, an unscheduled OMO auction offset the inflow, bringing liquidity to N2.95 trillion. Meanwhile, the overnight rate eased by 3bps to 22.15%, while the open repo (OPR) remained unchanged at 22.00%.

  • Daily Market Update- 7th September 2026

    System liquidity opened the week at โ‚ฆ4.33 trillion, down 7% from the previous level, amid the absence of significant inflows or outflows. Consequently, the overnight rate increased marginally by 5bps to 22.18%, while the Open Repo Rate (OPR) remained unchanged at 22.00%.

  • Daily Market Update- 3rd September 2026

    System liquidity declined by 20% following the settlement of yesterdayโ€™s NTB primary market auction. Consequently, the overnight rate inched up by 2bps to 22.20%, while the OPR held steady at 22.00%.

  • Daily Market Update- 2nd September 2026

    System liquidity improved by 7.63% to โ‚ฆ4.61 trillion from โ‚ฆ4.28 trillion, supported by the complete decline in Standing Lending Facility (SLF) usage relative to the previous session. Consequently, the overnight rate eased by 2bps to 22.18%, while the Open Repo Rate (OPR) remained unchanged at 22.00%.

  • Daily Market Update- 1st September 2026

    โ‚ฆ2.49 trillion in OMO maturities provided liquidity support, but an unscheduled โ‚ฆ2.88 trillion OMO mop-up more than offset the inflow, dragging system liquidity to โ‚ฆ4.29 trillion from a potential โ‚ฆ7.17 trillion. Consequently, the Overnight Rate rose to 22.20%, while the Open Repo Rate held at 22.00%.

  • Daily Market Update- 31st August 2026

    System liquidity opened the week 28.7% higher at โ‚ฆ4.65tn, up from โ‚ฆ3.61tn, driven by a 29% increase in placements at the SDF window. Consequently, the overnight rate eased by 8bps to 22.13%, while the OPR remained unchanged at 22.00%.

  • Daily Market Update- 27th August 2026

    A 28.7% decline was recorded in system liquidity following the settlement of yesterdayโ€™s OMO and NTB auctions. Consequently, the overnight rate eased by 5bps to 22.07%, while the OPR remained unchanged at 22.00%.

  • Daily Market Update- 26th August 2026

    Following the โ‚ฆ2.32tn inflow from OMO maturities, system liquidity increased by 35.5% to โ‚ฆ7.40tn from โ‚ฆ5.46tn. Consequently, the overnight rate eased by 2bps to 22.12%, while the OPR held steady at 22.00%.