WEEKLY FINANCIAL MARKETS – 30 October 2026
System Liquidity: Up 6.30% to ₦7.37 trillion, with the overnight rate holding near the 20.00% OPR.
Treasury Bills: The market was mixed with a slight selling bias. The CBN’s OMO sale made investors cautious, and the average yield rose 5bps to 17.97%.
FGN Bonds: Yields were mixed, and the DMO sold just ₦71 billion of ₦800 billion on offer.
Foreign Exchange: The naira gained 1.14% officially but lost 1.09% in the parallel market, widening the gap to 2.88%.
Nigerian Equities: The ASI rose 2.86%, led by Dangote Cement (+27.81%), while banks fell.
Eurobonds: Yields fell across the Nigerian curve by about 13bps on average.
Commodities: Gold fell 2.42% to US$3,915.02/oz, and Brent fell 2.12% to US$113.38/bbl.