System Liquidity

Market liquidity improved to ₦5.0tn on positive NTB net flows, while funding costs stayed broadly stable.

Treasury Bills

The NTB market was calm as mixed activity across short to mid- tenor maturities left the average yield slightly higher by 1bp to 16.08%.

FGN Bonds

The FGN bond market traded positive, supported by strong liquidity and post-NTB auction demand, with average yield easing 3bps to 15.79%.

Eurobonds

Nigerian Eurobonds traded mixed with a bearish bias, as profit-taking lifted the average yield 20bps to 7.79%.

Nigerian Equities

The NGX closed negative, with the ASI down 0.36% on broad-based sector losses led by banking stocks.

Foreign Exchange

The naira appreciated 12bps to ₦1,436.74/$, supported by FPI inflows and local dollar supply.

Commodities

Oil prices were flat on supply glut concerns, while gold weakened slightly amid safe-haven demand and a softer dollar.

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