Navigating the ₦603bn Wave
₦603bn flows into the system this week,
A tide of cash swelling the banks of liquidity.
If the CBN casts OMO nets, the waters may steady,
But if not, yields could slip beneath 16%,
Pulled lower by the flood.
The NTB auction offers a slimmer harvest,
₦290bn spread thin across eager hands.
Investors circle like birds in the dry season,
Too many wings for too few grains,
Their hunger is certain to oversubscribe the field.
Inflation whispers of softness,
A gentler print than the month before,
Stirring hopes of easing policy ahead.
And far across the ocean,
The Fed leans dovish,
Its softer winds reach Nigerian shores,
steadying Eurobond seas
and lightening the sails of borrowing.
So the market drifts between flood and breeze,
Between risk and promise,
With eyes fixed on the horizon,
Waiting to see
What lies ahead.
Navigating the ₦603bn Wave
“Shadows in the Blockchain: Surviving the New Wave of Crypto Scams”
When London Trembles, Lagos Listens