September 22, 2025/InvestmentOne Report

The NGXASI declined by 0.24% today to close at 141,498.44pts, as the price decreased in NB (-7.64%), UBA (+2.71%) and OANDO (-5.76%) drove the local equities market to the negative region.
 
In the fixed income space, the Treasury Bills secondary market traded on positive note across the short and long tenors of the benchmark curve. Consequently, the Average T-Bills yield decreased by 7bps to close at 18.41%. Likewise, the FGN Bond secondary market traded on a flat to positive note as the Average FGN Bond yield fell by 10bp to close at 16.49%.
 
At the NFEM window, the Naira depreciated by 0.05% to close at NGN1,488.60/USD. Crude oil price (Brent) fell by 0.30% to close at USD66.48pb.
           
Kindly find below the full Financial Market Report.