System Liquidity: Liquidity stayed in surplus at ₦8.59 trillion, down ₦760 billion, with no OMO or primary market inflows. The OPR stayed at 20.00% and the overnight rate stayed near 20.4%.

Treasury Bills: The market was little changed, and the average rate eased 1bp to 17.91%. At the auction, investors bid ₦1.91 trillion but only ₦71.16 billion was sold, and stop rates fell on all three bills.

FGN Bonds: The market was mostly flat. Yields fell 8bps on the 3-year and 5bps on the 5-year, helped by demand left over from the T-bill auction.

Foreign Exchange: The naira gained 0.40% at the NFEM to ₦1,347.53/$ but weakened 0.36% in the parallel market to ₦1,390/$. The gap widened to 3.15%.

Nigerian Equities: The market fell 0.44% to 252,882.78 points after three days of gains. Selling in big stocks, led by FirstHoldCo (-10.00%), outweighed the better breadth of 30 gainers against 25 decliners.

Eurobonds: Yields fell on most bonds, with the 3-year down 6bps and the 7-year down 5bps. The 5-year rose 3bps.

Commodities: GGold fell 0.26% to US$4,053.25/oz. Brent rose 1.63% to US$111.92/bbl after an attack on a Saudi refinery.