System Liquidity

Interbank market was quiet, keeping rates steady; OPR fell 7bps to 26.43%, and O/N dropped 6bps to 26.89%.

Treasury Bills

T-bills trading was muted; focus stayed on 7-Apr OMO at 22.30/22.00%. Benchmark NTB mid-rate closed at 17.66%.

FGN Bonds

Bonds traded quietly with light activity in 2029s, 2031s, and 2033s. Average mid-yield edged up 2bps to 17.06%.

Eurobonds

Eurobonds saw subdued activity on U.S. holiday. Mild Nigerian and Angolan demand pushed Nigerian yields down 1bp to 7.98%.

Nigerian Equities

ASI fell 41bps to 139,722.19; breadth weak with 15 gainers versus 32 losers. Banks, Industrials, Oil & Gas led declines despite higher trading value.

Foreign Exchange

Naira appreciated 0.36% to ₦1,526.09/$ on stronger dollar supply. Reserves rose $23.42m to $41.26bn.

Commodities

Brent crude gained 1% to $68.15 on geopolitical tensions. Gold surged to $3,477/oz, near record highs, supported by Fed cut bets and softer dollar.

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