System Liquidity
Liquidity rose by ₦930.6bn to ₦4.8trn due to ₦1.1trn OMO maturities, keeping funding costs stable.
Treasury Bills
The NTB market was positive amid ample liquidity and selective buying interest, with average rates dipping 5bps to 16.00% on sustained demand.
FGN Bonds
The bond market traded bullish as strong demand for short- and mid-term papers pushed average yields down by 5bps to 15.71%.
Eurobonds
The African Eurobond market traded mixed to bullish, with Nigerian Eurobond yields falling by 4bps to 7.53% as investor optimism improved.
Nigerian Equities
The ASI fell 5.01% amid broad sell-offs across all sectors, led by sharp declines in major banking and industrial stocks.
Foreign Exchange
The naira weakened slightly by ₦1.42 to close at ₦1,438.71/$ as strong dollar demand outpaced supply despite higher reserves.
Commodities
Oil and gold prices rose modestly on U.S. sanction effects and rate-cut optimism, though oversupply concerns limited overall gains.
