NGXASI Gains +0.07%, Buoyed by Blue Chips

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August 21, 2026/InvestmentOne Report

The NGXASI advanced by 0.07% to close at 240,196.64pts, as the gains recorded in NESTLE (+1.43%), OANDO (+3.53%) and CADBURY (+4.68%) drove the local equities market into the green.
 
In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the buying interest observed across the mid and long end of the benchmark curve. Consequently, the Average T-Bills yield declined by 2bps to close at 18.57%. Similarly, the FGN Bond secondary market traded on a mildly positive note as the Average FGN Bond yield declined by 1bp to close at 16.78%
 
At the NFEM window, the Naira strengthened marginally by 0.08% to close at NGN1,346.49/USD. Crude oil price (Brent) rose by 0.38% to close at USD94.14pb.
 
Kindly find below the full Financial Market Report.

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