System Liquidity: Banking system liquidity surged by 36.06% to close at ₦9,967.04 billion, driven by a substantial liquidity injection that expanded YTD growth to 161.14%, while the overnight rate softened by 5 bps to 20.20%.
Treasury Bills Market: The secondary market traded bullishly with yield compression across all benchmark tenors, led by a 5 bps drop in the 91-day rate to 17.50% and minor 1 bps dips in the 180-day and 365-day papers.
FGN Bonds Market: Secondary trading remained largely quiet and flat, with the 3-year bond acting as the sole mover by dropping 5 bps to 16.30% while all other benchmark tenors held steady.
Equities Market: The NGX-ASI edged up 0.02% to 254,289.35 points (+63.41% YTD) in a flat-to-positive session, with modest gains across Consumer Goods, Banking, and Oil & Gas outweighed by sell-offs in Insurance.
Foreign Exchange Market: Official NAFEM rates strengthened slightly, with USDNGN down 0.07% to ₦1,346.93/$, while parallel market rates remained completely flat across all currency channels.
Eurobonds Market: The secondary market traded bullishly with yield contractions led by the long end, where the FGN Euro 20 tenor dropped 20 bps to 8.44% alongside steady demand across short-to-mid tenors.
Commodities Market: Global commodities traded bearishly as crude oil dropped 2.48% to $103.46/bbl and gold fell 0.71% to $3,940.47/oz
