FINANCIAL MARKETS TODAY – 20 May 2026
System Liquidity System liquidity remained strong, opening at a surplus of ₦6.21tn, supported mainly by CBN SDF placements and PMA repayments. Despite the MPC retaining the MPR at 26.5%, the NOFR stayed stable at 22.0%. Market expects rates to remain…
MPC HIGHLIGHT – MAY 2026
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 305th meeting on May 19 and 20, 2026, where it reviewed key developments in the domestic and global economic environment.
FINANCIAL MARKETS TODAY – 19 May 2026
System Liquidity Liquidity opened significantly higher at ₦5.97tn, driven mainly by large SDF placements and minor OMO maturities. Despite the surplus, the NOFR held steady at 22.00%. Liquidity is expected to remain elevated in the next session barring…
INFLATION WATCH – April 2026
Inflation Accelerate Year-on-Year Despite Ongoing Month-on-Month Disinflation Nigeria’s headline inflation rose to 15.69% (YoY) in April 2026, compared to 15.38% in March 2026, representing an increase of 0.31 percentage points…
FINANCIAL MARKETS TODAY – 18 May 2026
System Liquidity System liquidity opened the session with a moderate surplus of ₦3.56 trillion, down from ₦5.86 trillion previously, reflecting a ₦2.30 trillion decline. The position was supported mainly by ₦3.46 trillion in DMB placements at the CBN’s…
PASSWORD SHARING: A SMALL ACTION WITH MAJOR SECURITY RISKS
Many people believe sharing passwords with trusted colleagues is harmless. Some employees also believe there is nothing wrong with sharing their password because they feel their account does not contain sensitive information or is not important enough to…
FINANCIAL MARKETS TODAY – 14 May 2026
System Liquidity Liquidity opened slightly lower at ₦5.29tn, down ₦42.54bn from the previous day, supported mainly by ₦5.06tn in CBN SDF placements. Funding conditions stayed stable as the NOFR held at 22.0%. Looking ahead, funding rates may ease…
FINANCIAL MARKETS TODAY – 13 May 2026
System Liquidity System liquidity opened with a moderate surplus of ₦5.32 trillion, slightly lower than the previous session, largely supported by ₦5.09 trillion in DMB placements at the CBN’s SDF window and a ₦271.13 million primary market repayment.…
FINANCIAL MARKETS TODAY – 12 May 2026
System Liquidity System liquidity opened with a surplus of ₦6.90 trillion, up from ₦4.92 trillion in the previous session, supported mainly by ₦4.57 trillion in DMB placements at the CBN SDF and ₦2.07 trillion in OMO maturities. Despite the ample…
AIICO EUROBOND FUND NEWSLETTER – MARCH 2026
OVERVIEW AIICO Eurobond Fund is an open-ended Dollar denominated mutual fund, strategically investing in high-quality Nigeria sovereign & non-sovereign Eurobonds and in investment-grade money market instruments. INVESTMENT OBJECTIVES The investment…
