System Liquidity

Market liquidity stayed steady with no major flows; OPR fixed at 26.50% while O/N rose 8bps to 26.96%.

Treasury Bills

T-bills traded quietly with limited deals; demand centered on select OMO papers. Benchmark NTB mid-rate closed at 17.46%.

FGN Bonds

Bond trading was subdued with light demand in mid-to-long tenors; average mid-yield settled at 17.05%.

Eurobonds

African Eurobonds gained on firmer oil prices; Nigerian yields dipped 5bps to 7.94%.

Nigerian Equities

Equities fell as ASI lost 49bps to 140,557.24, pressured by GTCO, WAPCO, and DANGSUGAR. Value traded rose 27% to $18.36m.

Foreign Exchange

The naira appreciated 0.10% to ₦1,535.47/$ amid stronger dollar supply. Reserves rose to $41.24bn.

Commodities

Oil rebounded on renewed Ukraine-Russia tensions; Brent closed at $68.62. Gold hit a five-week high at $3,416/oz on safe-haven demand.