What makes trading so incredibly difficult.
@daytrading
📈 𝐍𝐓𝐁 𝐀𝐮𝐜𝐭𝐢𝐨𝐧 𝐈𝐧𝐬𝐢𝐠𝐡𝐭: 𝐓𝐡𝐞 𝐇𝐮𝐧𝐭 𝐟𝐨𝐫 𝐃𝐮𝐫𝐚𝐭𝐢𝐨𝐧 𝐁𝐞𝐠𝐢𝐧𝐬
The results from the 𝐅𝐞𝐛𝐫𝐮𝐚𝐫𝐲 𝟏𝟖, 𝟐𝟎𝟐𝟔, 𝐍𝐓𝐁 𝐀𝐮𝐜𝐭𝐢𝐨𝐧 are in, and the message from the market is clear: 𝐈𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬 𝐚𝐫𝐞 𝐥𝐨𝐜𝐤𝐢𝐧𝐠 𝐢𝐧 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 𝐲𝐢𝐞𝐥𝐝𝐬 𝐰𝐡𝐢𝐥𝐞 𝐭𝐡𝐞𝐲 𝐬𝐭𝐢𝐥𝐥 𝐜𝐚𝐧. Despite a significant compression in stop rates, demand for the 1-year paper was overwhelming, signaling a potential shift in the interest rate cycle.
📊 𝐓𝐡𝐞 𝐍𝐮𝐦𝐛𝐞𝐫𝐬 𝐚𝐭 𝐚 𝐆𝐥𝐚𝐧𝐜𝐞 (𝐒𝐭𝐨𝐩 𝐑𝐚𝐭𝐞𝐬 𝐯𝐬. 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐘𝐢𝐞𝐥𝐝𝐬):
- 91-Day: 15.80% (▼ 4bps) | Effective Yield: 16.45% (Unchanged)
- 182-Day: 16.65% (Unchanged) | Effective Yield: 18.15% (Unchanged)
- 364-Day: 15.90% (▼ 108.7bps) | Effective Yield: 18.89% (▼ 156bps)
🔍 Takeaways:
1. 𝐋𝐨𝐧𝐠-𝐃𝐚𝐲 𝐃𝐨𝐦𝐢𝐧𝐚𝐧𝐜𝐞: The 364-day bill saw massive oversubscription (5.09x bid-to-cover), allowing the DMO to aggressively pull back rates. While the stop rate sits at 15.90%, the 𝐞𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐲𝐢𝐞𝐥𝐝 𝐨𝐟 𝟏𝟖.𝟖𝟗% remains the “sweet spot” for institutional capital.
2. 𝐈𝐧𝐯𝐞𝐫𝐭𝐞𝐝 𝐋𝐨𝐠𝐢𝐜: Interestingly, the mid-day (182-day) bill now carries the highest stop rate (𝟏𝟔.𝟔𝟓%), yet saw the least demand. This suggests investors are bypassing the “middle” to either stay liquid in the short end or fully commit to the long end.
3. 𝐒𝐞𝐜𝐨𝐧𝐝𝐚𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐦𝐩𝐚𝐜𝐭: With the DMO establishing a pattern of selling above offer volumes to compress rates, expect the 𝟏𝟓.𝟔𝟎% 𝐥𝐞𝐯𝐞𝐥 to be the new battleground in the secondary market.
4. 𝐅𝐨𝐫𝐰𝐚𝐫𝐝 𝐋𝐨𝐨𝐤𝐢𝐧𝐠: The alignment of short-day rates with long-duration stop rates provides a significant signal for the upcoming 𝐅𝐆𝐍 𝐁𝐨𝐧𝐝 𝐀𝐮𝐜𝐭𝐢𝐨𝐧 (𝐅𝐞𝐛 𝟐𝟑).
Yields are trending lower. For those waiting on the sidelines, the window to capture 18%+ effective yields on risk-free sovereign paper is narrowing.
#nigeriaeconomy #fixedincome #treasurybills
Renewed Momentum! The Nigerian market roared back yesterday, closing at 190,427.96 points with a solid +0.56% gain. 💹
Massive volume alert: FCMB stole the show with a whopping 2.94 billion shares traded, over 58% of the day’s total turnover! 📈
Get more update from our website, link in bio.
#growingnaija #ngx #stockmarket #oilandgasindustry
As of mid-February 2026, the cryptocurrency market appears to be transitioning from a leverage-driven speculative regime into a filtered environment, resulting in a decidedly bearish short-term reality.
The narrative is currently dictated by a 24% collapse in ETF assets under management, falling from $125 billion to $95 billion within 30 days, has stripped away the buy-side support that previously protected the $70,000 psychological floor.
Read more on our website, link in bio.
40% of the entire world youth will be in Africa by 2050. -Boris
@one54africa
Feb 16 – 22, 2026: Your essential guide to the global and local data points moving your money.
#nigeriaeconomy #inflation #marinatimesng #marketwatch
The market breadth remains overwhelmingly positive with 59 gainers. As the Naira hits a new high of $/₦1,347 in the official market, the “Nigeria Story” is becoming a magnet for both domestic and foreign capital.
Stay informed, disciplined, and positioned.
#ngx #nigerianstockmarket #bullrun #investing #marinatimesng
Nigeria’s markets are quietly repricing risk.
From PenCom’s equity shift to Dangote’s FX impact, the system is starting to price durability, not distress.
Read more on our website, link in bio.
#nigeriamarket #dangoterefinery
If the leaders we admire most are those who balance ambition with humility, why do we often celebrate arrogance?
Full article on our website, link in bio 👆
@sancathaku
#nelsonmandela #leadership
Nigeria’s journey toward responsible AI regulation is both urgent and inevitable.
She should embrace a principled regulatory structure that safeguards constitutional rights, ensures ethical deployment, and builds trust in AI systems.
By harmonizing existing laws with emerging frameworks, strengthening institutional capacity, and aligning with international best practices, Nigeria can position itself as a continental trailblazer in AI governance. The proposed National Digital Economy and E-Governance Bill represents a critical turning point and signals her readiness to regulate AI proactively.
#artificialintelligence #nigeria
Between February 4 and 11, 2026, cryptocurrency markets remained under significant pressure as prices retraced sharply from early-month levels and regulatory clarity continued to elude investors…
Read more on our website, link in bio 👆
We don’t talk enough about the positive impact of running a successful business in Africa and how it has liberated citizens from poverty.
@vusithembekwayo
#business
