Compression Trade
As 2025 faded, Nigeria tightened its sails against thinning global liquidity. The CBN moved firmly, pulling ₦1.27 trillion from the system to steady the Naira and quiet excess cash.
The equities market told a different tale of strength, rising 51.19% for the year and lifting market value to ₦99.4 trillion, placing Nigeria among the world’s top performers.
Globally, geopolitics rippled through commodities. Oil closed mixed, WTI at $56.7, Brent at $60.1 while gold held its shine above $4,300, ending at $4,320.
By year-end, Nigeria stood on firmer ground: clearer policy, $45.5 billion in reserves, and improving visibility. As 2026 opens, the economy shifts from firefighting to formation, with projected growth at 4.49% and inflation easing toward 12.94%.
Liquidity eased into the close at ₦3.36 trillion, and the Naira found balance, ending the week at ₦1,430.84 per dollar.
Compression Trade
Market Pulse: A Gentle Climb
2026 Dawns: Steady, Strong, and Ready.