FMDA’s Monthly Report-May 2026
FMDA’s Monthly report-May 2026: Highlights Average system liquidity increased by 7.76% in May to N5.22 trillion, despite the CBN withdrawing an estimated N12.06 trillion through liquidity management operations during the period. Looking ahead, an estimated N10.90 trillion in inflows is projected for June, about 3.51% higher than May levels. OMO maturities are expected to account […]
FMDA’s Weekly Market Report May 25, 2026
Weekly Market Insights: Global Trends and Local Implications Average system liquidity declined by 17.68% to ₦4.40 trillion, as the CBN mopped up about N4.55 trillion through liquidity management operations during the week. Looking ahead, an estimated N2.04 trillion is expected from maturing securities this week, largely driven by OMO maturities, which account for about 97% […]
What the MPC hold means for your portfolio
The Central Bank of Nigeria’s decision to retain the Monetary Policy Rate (MPR) at 26.5 percent signals a cautiousmonetary policy stance amid rising global uncertainty and geopolitical tensions linked to the Middle East crisis. Although investors initially expected the February rate cut to trigger strong bond market gains, rising yields have weakened that outlook. An […]
FMDA’s Weekly Market Report May 18, 2026
Weekly Market Insights: Global Trends and Local Implications System liquidity remained elevated at N6.29 trillion, supported by sizeable inflows from maturing securities. Looking ahead, an estimated N3.03 trillion is expected to flow into the system this week, largely driven by OMO maturities, which account for about 74% of projected inflows. Oil prices edged higher by […]
Nigeria’s Inflation Rate – April 2026
Key Highlights on Inflation figure in April 2026 Nigeria’s headline inflation increased to 15.69% year-on-year in April 2026, from 15.38% in March, marking the second consecutive monthly increase in the annual inflation rate. Month-on-month inflation, however, declined in line with our expectation to 2.13%, from 4.18% in March, suggesting that while inflationary pressures remained elevated, […]
Nigeria Inflation Forecast – April 2026
Global & regional inflation backdrop Inflation pressures strengthened further across major economies in April 2026, reflecting higher global energy and production costs linked to lingering geopolitical tensions in the Middle East. In the United States, inflation increased to 3.8 percent from 3.3 percent, while the Euro Area rose to 3.0 percent from 2.6 percent, driven […]
Nigeria’s FX Market Update 2025
The Nigeria’s FX Market Update 2025 Summary Key Highlights CBN FX sales rebounded by 126.37 percent to $8.94 billion in 2025 after declining sharply in 2024, reflecting stronger market intervention and improved liquidity conditions. Total FX inflows into the Nigerian economy also increased to $112.27 billion in 2025, compared to $99.44 billion in 2024 and […]
FMDA’s Weekly Market Report May 11, 2026
Weekly Market Insights: Global Trends and Local Implications System liquidity improved last week, supported by sizeable maturities that pushed average liquidity to N6.29 trillion. Looking ahead, about N1.13 trillion is expected from maturing securities this week, largely driven by OMO maturities (89%). Oil prices declined by 5.85% on average to $105.39, supported by optimism around […]
FMDA’s Monthly Report-April 2026
FMDA’s Monthly report-April 2026: Highlights Average system liquidity declined by 25.22% in April to N4.84 trillion, driven by sustained CBN liquidity mop-up operations, although slightly lower than March levels. Looking ahead, an estimated N10.53 trillion in inflows is projected for May, about 16% higher than April levels. OMO maturities are expected to account for about […]