System Liquidity

OMO maturities injected ₦459bn; CBN mopped up with ₦600bn auction, allotting ₦620.65bn. Interbank rates steady; OPR and O/N rose slightly to 26.50% and 26.96%.

Treasury Bills

T-bills market stayed muted post-OMO auction; light interest in select papers. Benchmark NTB mid-rate slipped 3bps to 17.64%.

FGN Bonds

Quiet trading with modest demand in 2031s, 2033s, 2053s. Average mid-yield fell 5bps to 17.01%.

Eurobonds

African Eurobonds weakened on global risk-off sentiment, legal tariff disputes, and weak U.S. data. Nigerian yields spiked 13bps to 8.10%.

Nigerian Equities

ASI dropped 70bps to 138,737.64, breadth weak (11 gainers, 47 losers). Heavy sector losses; turnover surged 170% to $26.06m on large crosses.

Foreign Exchange

Naira firmed to ₦1,526.06/$ within ₦1,523–₦1,528.5 range. Reserves rose $154.39m to $41.42bn.

Commodities

Oil rose on new U.S. Iran sanctions and OPEC+ expectations; Brent hit $69.14. Gold soared above $3,500/oz to record highs on Fed cut bets, geopolitical risks.

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