Economy
CBN Borrows N343b to Mop up N375b Inflows From Maturing Bills
By Dipo Olowookere
The sum of N343 billion was raised from the local debt market on Thursday by the Central Bank of Nigeria (CBN) to mop up most of the N375 billion worth of treasury bills that matured today.
The apex bank sold the debt instrument to investors, who subscribed to the exercise, though most interests were seen in the long-dated tenors.
Business Post reports that of the N50 billion worth of the 91-day bills offered, the apex bank sold N1.19 billion at 11.90 percent, of the N100 billion worth of the 189-day paper, it raised N12.68 billion at 13.50 percent, and of the N250 billion worth of the 364-day note, it sold N329.32 billion at 15.00 percent.
At the close of transactions at the secondary market for T-bills, yields trended higher to close at 15.47 percent.
The one-month yield rose by 0.05 percent to finish at 15.23 percent, the 6-month paper appreciated by 0.18 percent to end at 14.64 percent, the 9-month note went up by 0.12 percent to close ar 16.74 percent, while the 12-month bill increased by 0.01 percent to finish at 17.30 percent.
However, the 3-month paper suffered a 0.03 percent loss to settle at 13.46 percent.
According to analysts at Zedcrest Research, “We expect yields to remain elevated as the current tight system liquidity levels are expected to constrain buying interests in the market, whilst a further OMO auction would cause yields to trend higher.”
At the money market today, the average rate declined marginally by 3 percent, with the Open Buy Back (OBB) and Overnight (OVN) rates closing the day at 22.67 percent and 24.67 percent.
This was as the N375 billion inflows from OMO T-bills maturities were mopped up by a N343 billion OMO sale by the CBN.
System liquidity consequently improved marginally to N66 billion negative and the rates are expected to remain elevated as system liquidity remains in negative territory, with the possibility for a further OMO sale by the CBN.
By Aduragbemi Omiyale
The pre-registration training and examination for capital market operators (CMOs) for the second quarter of 2026 has been postponed.
Business Post gathered that the new date for the exercise is now Monday, June 15, 2026.
This information was disclosed by the Securities and Exchange Commission (SEC) through a circular on Monday, June 8, 2026.
The Nigerian capital market regulator stated that this postponement has also resulted in the extension of the deadline for registration to Friday, June 12, 2026.
In the notice today, the SEC expressed its regret for the inconvenience this action may cause operators, who had prepared for the initial date of the training and examination.
“Further to the recent circular on Q2 2026 Pre-registration Training and Examination, the Securities and Exchange Commission (SEC) hereby informs all eligible applicants for the Q2 2026 Pre-registration Training and Examination that the commencement date has been postponed to Monday, June 15, 2026.
“Registration on the designated portal has also been extended to Friday, June 12, 2026. All other conditions contained in the circular remain unchanged.
“The commission regrets any inconvenience this postponement may cause and appreciates the understanding of all applicants,” the disclosure noted.
By Aduragbemi Omiyale
One of the leading healthcare firms in Nigeria, Fidson Healthcare Plc, has listed additional shares on the Nigerian Exchange (NGX) Limited.
The new stocks absorbed into the stock market were 600 million units, raising the total issued and fully paid-up shares of Fidson to 3,000,000,000 ordinary shares of 50 Kobo each from 2,400,000,000 ordinary shares of 50 Kobo each.
The fresh equities came from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share.
They were issued to existing investors on the basis of one new ordinary share for every existing four ordinary shares held as of the close of business on Wednesday, November 12, 2025.
Confirming the development, the regulator in a notice said, “Trading licence holders are hereby notified that an additional 600,000,000 ordinary shares of 50 Kobo each of Fidson Healthcare Plc were on Tuesday, June 2, 2026, listed on the daily official list of Nigerian Exchange Limited.
“The additional shares arose from the company’s rights issue of 600,000,000 ordinary shares of 50 Kobo each at N35.00 per share on the basis of one new ordinary share for every existing four ordinary shares held as at the close of business on Wednesday, November 12, 2025.
“With the listing of the additional 600,000,000 ordinary shares, the total issued and fully paid-up shares of Fidson Healthcare Plc have now increased from 2,400,000,000 to 3,000,000,000 ordinary shares of 50 Kobo each.”
By Modupe Gbadeyanka
This news will surely excite local contractors with verified claims of N100 million or less, as the federal government has approved their payments.
This approval for the disbursement was given by the Minister of Finance and Coordinating Minister of the Economy, Mr Taiwo Oyedele.
This followed a verification and reconciliation exercise designed to ensure only validated claims qualify for payment.
The beneficiaries cover contractors across multiple ministries, departments and agencies. The release of the funds is expected to enable contractors to return to project sites, pay workers, settle suppliers and meet outstanding financial commitments.
In an announcement on Monday, the Federal Ministry of Finance also said this latest batch of payments would ease liquidity pressure on small businesses and accelerate economic activity nationwide.
It was noted that the payments for verified claims of N100 million below were strategically done to spread economic impact broadly rather than concentrate disbursements among a handful of large firms.
The payments form part of a broader push to clear inherited contractor obligations, with over N700 billion verified in recent months.
“For many beneficiaries, the release of funds represents more than a financial transaction. It provides the certainty needed to sustain operations, preserve jobs, complete ongoing projects, and contribute to economic recovery and growth,” the ministry said in a statement.
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