Daily Market Summary, 15 May, 2025 EQUITIES MARKET The local bourse closed positive on Thursday as the ASI rose 0.37% to 109,467.64 points and market cap gained ₦257bn to ₦68.8tn. Sector performance was mostly upbeat, led by Consumer Goods (+1.16%), while Oil & Gas dipped 0.18% and Insurance remained flat. Market breadth was strong with 36 gainers vs. 23 losers; HONYFLOUR and NESTLE led with 10% gains, while MULTIVERSE lost 9.64%. Despite a 2.09% drop in deals and 30.88% in value, volume surged 34.78% to 716.08m shares worth ₦13.69bn in 14,559 trades. NIBOR NIBOR rose across all tenors except overnight, while key rates like the Open Repo and Overnight Lending declined to 26.85% and 27.40%, respectively. NITTY NITTY declined across all maturities, with the average T-bill yield flat at 20.93%. FGN BOND Negative investor sentiment caused FGN bond yields to rise slightly to 19.04% EUROBOND Investor selloffs drove bearish sentiment across Nigeria’s sovereign Eurobond curve, notably lowering yields—especiespecially for Nov-2025 and Sep-2028 bonds—causing the average yield to drop 0.16% to 9.98%. FX MARKET In the foreign exchange market, the Naira appreciated by 0.25% in the official window, closing at ₦1,596.00 per dollar. Similarly, the Naira ended the day at ₦1,620 per dollar in the parallel market.