Nigeria’s financial system is expected to record N10.53 trillion in inflows in May 2026.
The Financial Markets Dealers Association (FMDA), stated this in its April monthly report, where it pointed out that the projected inflow represents a 16 per cent increase from the N9.08 trillion recorded in April.
The FMDA said Open Market Operations (OMO) maturities will drive the bulk of inflows, accounting for about 68 percent of the total.
A breakdown showed that OMO maturities are projected at N7.17 trillion in May, up from N5.88 trillion in April, making them the largest contributor to system liquidity.
“Treasury bills redemptions are expected to rise to N1.05 trillion from N722.72 billion, while inflows from the Federation Account Allocation Committee (FAAC) are estimated at N1.8 trillion, slightly lower than April’s N2.04 trillion,” the report said.
The association further said FGN bond coupon payments are projected at N346.14 billion, compared to N357.61 billion in April, with no bond maturities scheduled for the month.
The report, however, noted that system liquidity weakened in April, with average liquidity dropping by 25.22 percent to N4.84 trillion.
