*Daily Market Summary, Thursday, 05 June, 2025* EQUITIES SUMMARY The Nigerian equities market extended its bullish run on Thursday as the NGX ASI rose 1.63% to 114,616.75 points, adding ₦1.16 trillion to market capitalization. Market breadth was positive with 40 gainers, led by Champion, NGX, and MTN, while 22 stocks declined. All sectoral indices closed in the green, with strong performances in Oil & Gas (+2.73%) and Commodities (+2.96%). Trading activity surged as volume, value, and deals rose by 144.40%, 104.78%, and 21.72%, respectively. NIBOR NIBOR rose across all tenors amid tighter liquidity, while OPR held at 26.50% and OVN inched up 8bps to 26.96%. NITTY The NITTY curve fell across all tenors as the Nigerian Treasury Bills secondary market stayed bullish, pushing the average yield down 2 basis points to 20.69%. FGN BOND The FGN bond market saw bullish activity with stable yields, leading to a slight 0.02% drop in average sovereign bond yields to 18.85%. EUROBOND The Nigerian sovereign Eurobond market saw strong sell-offs across maturities, pushing the average yield up 7 basis points to 9.25%. FX MARKET At the Nigerian Autonomous Foreign Exchange Market (NAFEM), the naira appreciated by 0.79% to close at ₦1,553 per US dollar, while in the parallel market, it ended at ₦1,585 per dollar.