System Liquidity
Interbank liquidity improved with CRR inflows, pushing OPR and O/N lower to 26.50% and 26.92%. Rates remained anchored around 26.5%.
Treasury Bills
The T-bills market stayed quiet as investors awaited auction results, with slight OMO demand. Few trades executed, nudging benchmark mid-rate 20bps higher to 17.17%.
FGN Bonds
Bonds traded calmly as focus shifted to auction. DMO sold ₦136.16bn of 2030 and Jan 2032 papers at ~18%. Secondary market mid-yield remained steady at 17.15%.
Eurobonds
Nigerian Eurobonds were quiet amid UK holiday-thinned trading. Average mid-yield held unchanged at 7.86%.
Nigerian Equities
The ASI rose 31bps to 141,439.77, lifting YTD gains to 37.42%. Breadth was positive with 39 gainers, led by JBERGER. Tier-1 bank demand offset weaker overall activity.
Foreign Exchange
The naira traded steady, closing slightly weaker at ₦1,536.42/$. FX reserves improved to $41.10bn, up $28.71m, supporting market stability.
Commodities
Oil rose ~2% on geopolitical risks, with Brent at $68.80 and WTI $64.80. Gold stayed flat around $3,373/oz as markets awaited U.S. PCE data.
