System Liquidity: Liquidity rose 5.36% to ₦7.31 trillion. The OPR stayed at 20.00%, while the overnight rate rose 45bps to 20.81%.

Treasury Bills: The 91-day yield fell 3bps to 17.61% and the 365-day fell 2bps to 18.30%, while the 180-day rose 68bps to 17.76%.

FGN Bonds: Flat. All benchmark yields were unchanged: 3-year 16.43%, 5-year 16.85%, 7-year 16.88%, 10-year 16.90% and 20-year 14.30%.

Foreign Exchange: The Naira weakened 0.42% to ₦1,367.61/$ at NAFEM and closed at ₦1,374.00/$ in the parallel market, from ₦1,370.00. The pound rose to ₦1,825.75 and the euro to ₦1,530.35 at NAFEM.

Nigerian Equities: The NGX-ASI gained 1.65% to 251,290.54 points, taking YTD return to 61.48%. Four of five sectors rose, led by Industrial Goods (+5.37%) and Banking (+2.22%). Dangote Cement rose 10.00%.

Eurobonds: Yields rose across most of the curve. The 3-year rose 6bps to 6.44%, the 5-year 7bps to 7.18%, the 7-year 2bps to 7.70% and the 10-year 6bps to 7.99%. The 20-year fell 1bp to 8.57%.

Commodities: Gold rose 0.33% to US$4,025.45/oz. Oil fell 3.93% to US$111.29/bbl but is still up 82.89% YTD.