NGXASI Advance +0.29% on Bellwether Gains

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September 7, 2026/InvestmentOne Report

The NGXASI advanced by 0.29% to close at 247,699.78pts, as the gains recorded in MTNN (+2.45%), INTBREW (+3.02%) and MBENEFIT (+0.97%) drove the local equities market into the positive region.
 
In the fixed income space, the Treasury Bills secondary market traded on a positive note, driven by the buying sentiment observed across the benchmark curve. As a result, the Average T-Bills yield declined by 5bps to close at 18.81%. Similarly, the FGN Bond secondary market traded on a mild positive note as the Average FGN Bond yield fell by 1bp to close at 16.67%.
 
At the NFEM window, the Naira advanced marginally by 0.05% to close at NGN1,320.56/USD. Crude oil price (Brent) rose by 1.08% to close at USD97.32pb.
                                                                                                                
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