System Liquidity: Financial system liquidity contracted by -7.82% to ₦4,490.16 billion, while interbank funding rates edged down marginally with the Open Repo Rate (OPR) easing to 20.00%.
Treasury Bills Market: Primary Nigerian Treasury Bill yields recorded a uniform, marginal downward adjustment across all benchmark tenors, with the 91-day, 180-day, and 365-day bills compressing by 1 bp each to settle at 17.49%, 17.71%, and 18.69%, respectively.
FGN Bonds Market: Activity across the FGN secondary bond market remained predominantly stable, featuring mild buying interest on the FGN 7 paper which saw its yield compress by 7 bps to 16.62%.
Equities Market: The Nigerian equities market staged a recovery as the benchmark NGX All-Share Index (NGX-ASI) advanced +0.18% to close at 252,318.55 points (YTD +62.14%), led by robust gains in Oil & Gas (+1.90%).
Foreign Exchange Market: In the official NAFEM window, the Naira appreciated against the US Dollar (-0.18% to ₦1,355.88/$), while parallel market rates moved higher across all tracked pairs, with USD/NGN climbing to ₦1,435.00/$.
Eurobonds Market: Bearish sentiment dominated the Nigerian sovereign Eurobond market, driving yield expansions across all tenors led by the FGN EURO 10 paper climbing 11 bps to 7.78%.
Commodities Market: Global commodities posted mixed performance as gold experienced a sharp pullback, declining -3.46% to $3,870.65 per ounce, while crude oil closed virtually unchanged, edging up +0.01% to $94.10 per barrel.
