The NGXASI advanced today by 0.23% to close at 97,685.64pts as investors buy interest in GEREGU (+5.00.%), FBNH (+10.00%) and GTCO (+1.96%) drove the local equities market into the green zone.

In the fixed income space, the Treasury Bills secondary market closed downwards driven by selloffs observed within the mid and long tenor instruments. Consequently, Average T-Bills yield rose by 8bps to close at 20.36%. Elsewhere, the FGN Bond market traded on a flattish note as the Average FGN Bond yield remained unchanged to close at 18.84%.

At the NAFEM window, the Naira depreciated by 7.12% to close at NGN1,656.49/USD. Crude oil price (Brent) increased by 2.08% to USD74.26pb.

Kindly find below the full Financial Market Report.