Markets at a Crossroads: Liquidity, Policy Signals and Earnings Shape Investor Sentiment
Financial markets navigated global central bank decisions and mixed equity performance. Locally, abundant system liquidity and selective central bank sterilisation shaped primary auctions. The Naira appreciated, external reserves rose, and diaspora remittances surged. Meanwhile, the NGX All-Share Index reached a record 254,299.29 points, driven by strong nine-month corporate earnings results.