January 23, 2026/InvestmentOne Report

The NGXASI advanced by 0.07% to close at 165,512.18pts, as the gains recorded in WAPCO (+4.00%), GTCO (+3.03%) and ZENITHBANK (+2.08%) pushed the domestic bourse into the positive terrain.
 
In the fixed income space, the Treasury Bills secondary market traded on a negative note amidst the selloffs seen at the short end of the benchmark curve. Consequently, the Average T-Bills yield rose by 7bps to close at 18.50%. However, the FGN Bond secondary market traded on a slightly positive note as the Average FGN Bond yield moderated by 1bp to close at 16.90%.
 
At the NFEM window, the Naira appreciated marginally by 0.03% to close at NGN 1,421.63/USD. Crude oil price (Brent) jumped by 2.44% to close at USD65.62pb.
 
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