System Liquidity
Market liquidity rose to ₦4.6 trillion, boosted by OMO maturities, though funding costs stayed elevated with OPR at 24.50% and O/N at 24.92%.
Treasury Bills
he NTB market traded bullishly on strong liquidity, with broad-based demand compressing yields ahead of a ₦650 billion auction, while the CBN allotted ₦273.60 billion in OMO bills at stop rates of 21.69% and 21.84%.
FGN Bonds
The bond market was quiet with limited trades, as mid-tenor yields dipped slightly while short-term papers saw mild sell pressure, leaving the average yield stable at 15.87%.
Eurobonds
The African Eurobond market remained bearish amid investor risk aversion driven by U.S. political uncertainty and weaker oil prices, pushing Nigerian Eurobond yields up by 7bps to 7.51%
Nigerian Equities
The NGX closed negative as the ASI fell 0.72% due to broad selloffs in banking and consumer goods stocks, trimming YTD gains to 48.29%.
Foreign Exchange
The Naira weakened by 103bps to ₦1,436.34/$, trading between ₦1,430.60/$ and ₦1,444.00/$, while Nigeria’s gross external reserves rose $24.7 million to $43.2 billion as of October 31, 2025.
Commodities
Oil and gold prices declined by around 1% as investors reacted to OPEC+ output plans, weak economic data, and a stronger U.S. dollar.
