System Liquidity
Ample liquidity kept funding rates stable at 26.5%. OPR held at 26.50%, while O/N eased slightly by 5bps to 26.95%.
Treasury Bills
Muted trading with light demand in Jan–Apr OMO bills. Benchmark NTB mid-rate closed steady at 17.23%.
FGN Bonds
Bullish activity on 2031s and 2033s drove yields lower. Average mid-yield dropped 37bps to 16.63%.
Eurobonds
African Eurobonds traded mixed-to-bullish on Fed cut expectations after weak payrolls. Nigerian yields averaged 7.88%.
Nigerian Equities
ASI gained 30bps to 139,394.75 points. Strong rallies in PZ, DANGSUGAR, and NASCON boosted Consumer Goods. Market breadth positive with 40 advancers.
Foreign Exchange
Naira strengthened 0.53% to ₦1,506.84/$ on better dollar supply. Reserves rose $38m to $41.53bn.
Commodities
Oil rose modestly after OPEC+’s smaller output hike. Brent closed at $66.02. Gold hit record above $3,600/oz on Fed cut bets.
