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Large OMO maturities are set to hit the system as liquidity remains elevated and CBN manages absorption.

Firms raised N1.3trn via commercial paper in 9M 2026 as banks tighten and rates stay high.

Net asset value of pooled investment schemes rose N43.76 billion to N9.885 trillion in the week to October 9, with money market funds holding 67.96 per cent of assets and dollar funds shrinking even as the naira firmed, a signal that the pool is growing as savings rather than as investment.

Coronation Merchant Bank has been named Nigeria's Best Sales and Trading Team at the Euromoney Markets Awards 2026, recognising its client franchise and execution across fixed income, currencies and equities.

Nigerian Exchange Group has been named Africa's Best Exchange at the Euromoney Markets Awards 2026, recognising its role in market infrastructure, digital innovation and capital formation during a period of strong equities growth.

Banks are holding more than N6 trillion in deposits at the Central Bank of Nigeria after a N2.4 trillion Open Market Operation repayment injected a surge of liquidity into the banking system.

Nigeria's banking system is expected to absorb about N13.25 trillion in liquidity inflows in October, the FMDA estimates, as the CBN manages excess cash.

The secured overnight reference rate is intended to improve pricing transparency and give financial contracts a more reliable base rate.