Markets in Transition: Liquidity Expansion, Yield Compression and Cautious Risk Repricing
Financial markets concluded July 2026 amid expanding domestic liquidity and resilient investor demand, despite global policy uncertainty. In Nigeria, fixed-income yields compressed following robust oversubscriptions at OMO and Treasury bill auctions. Equities posted mixed results despite strong H1 corporate earnings, while the Naira depreciated mildly. Globally, central banks held rates steady amid volatile commodity prices.