System Liquidity
Interbank liquidity tightened after CBN’s FX settlement, pushing OPR up 100bps to 28.50% and O/N rate up 92bps to 29.42%.
Treasury Bills
The market saw strong demand across the curve, especially in long-dated OMO bills like Aug 2025, Dec 2025, and Jan 2026. NTB benchmark rate closed slightly higher at 19.45%.
FGN Bonds
Bond market was quiet with selective interest in Apr 2029s, Feb 2031s, May 2033s, and Jan 2035s. Benchmark yield rose marginally by 8bps to 18.82%.
Eurobonds
Profit-taking hit African Eurobonds, especially Nigeria and Angola, due to weaker oil prices. Nigeria’s average yields rose 6bps to 9.73%, as sell orders dominated market flows.
Nigerian Equities
Equities extended gains; ASI rose 27bps to 109,059.33, with YTD return at 5.96%. Strong performance in Consumer Goods, Banking, and Oil & Gas; GTCO and MTNN led trades.
Foreign Exchange
FX market stayed calm with adequate liquidity. The Naira appreciated 21bps to close at ₦1,596.70/$, trading within a tight band of ₦1,595–₦1,600.
Commodities
Oil prices dipped slightly on rising U.S. crude inventories. Brent fell 0.6% to $66.23. Gold slumped 2.1% to $3,180.29 amid waning demand for safe-haven assets.
