OMO Maturities Rise 31% to N2.94 Trillion This Week

OMO maturities in Nigeria are projected to surge 30.67% to N2.94 trillion this week, up from N2.25 trillion the previous week, as total estimated financial system inflows remain above N3 trillion for the second consecutive week, according to the Financial Markets Dealers Association (FMDA). This week’s total inflows are estimated at N3.02 trillion, slightly higher than the N3.01 trillion projected the previous week.

The rise in system liquidity follows the Central Bank of Nigeria's (CBN) execution of a Primary Market Repayment of N2.49 trillion on September 1, leading to a significant mop-up of N3.745 trillion through Bonds and Treasury Bills sales on September 1 and 3. OMO maturities account for approximately 97.5% of this week’s total estimated inflow, indicating aggressive liquidity sterilization by the CBN.

The CBN is scheduled to conduct a N500 billion Treasury bills auction this week, marking the lowest single-auction issuance size in the Q3 2026 NTB Issuance Programme.