January 21, 2026/InvestmentOne Report

The NGXASI inched up by 0.01% to close at 166,267.60pts, as the gains seen in JAIZBANK (+9.99%), JBERGER (+8.33%) and WAPCO (+0.57%) drove the Nigerian equities market into the positive zone.
 
In the fixed income space, the Treasury Bills secondary market traded on a slightly negative note due to the mild selloffs noticed at the long end of the benchmark curve. Thus, the Average T-Bills yield inched up by 1bp to close at 18.15%. Similarly, the FGN Bond secondary market traded on a negative note as the Average FGN Bond yield increased by 4bps to close at 16.92%.
 
At the NFEM window, the Naira depreciated by 0.09% to close at NGN 1,420.69/USD. Crude oil price (Brent) rose by 0.12% to close at USD65.00pb.
 
Kindly find below the full Financial Market Report.