System Liquidity
The interbank market stayed liquid at ₦3.79trn, keeping the OPR steady at 24.50% while the O/N rate eased slightly to 24.85%.
Treasury Bills
The Treasury bills market was quiet ahead of the ₦570bn NTB auction, which drew ₦1.06trn bids with stop rates at 15.00% (91d), 15.25% (182d, -5bps), and 15.77% (364d, +101bps), while the average mid-rate closed at 16.34%.
FGN Bonds
The FGN bonds market traded mixed to mildly bullish, with limited activity amid wide bid-ask spreads, as the benchmark yield curve inched down 1bp to 16.05%.
Eurobonds
African Eurobonds traded mildly bullish, with selective buy interest in NIG 2025, 2030, 2047, and 2051, while most others saw slight repricing; overall, Nigerian Eurobond yields edged down 1bp to 7.79%.
Nigerian Equities
The Nigerian bourse gained 50bps to 145,719.09 points (+41.6% YTD), driven by MTNN, ARADEL, and select banks, though breadth was negative; sectoral performance was mixed, and turnover fell 43.95% to ₦525.73bn despite block trades in key stocks.
Foreign Exchange
The naira firmed 3bps to ₦1,470.62/$ on improved FX supply, while CBN reserves rose $29.57m to $42.57bn as of 7 October 2025.
Commodities
Oil prices climbed to a one-week high on stronger U.S. demand and persistent sanctions risks, with Brent at $66.25 (+2.02%) and WTI at $62.16 (+1.37%), while gold broke above $4,000/oz, settling at $4,026.94 amid safe-haven demand and rate-cut expectations.
