Monthly Financial Market Update – September 2026
Global Macroeconomic Review Global central banks leaned towards tightening in September as growth and inflation data stayed firm. The U.S. Fed raised rates by 25bps to 3.75%–4.00%, its first hike since 2023, after August payrolls rose by 162,000 and…
AIICO BALANCED FUND NEWSLETTER – OCTOBER 2026
OVERVIEW AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments and both Quoted and Unquoted equities. INVESTMENT OBJECTIVE The investment objective of the Fund is to create medium to long term…
WEEKLY FINANCIAL MARKETS – 06 November 2026
System Liquidity: Financial system liquidity expanded significantly by +15.36% week-on-week to ₦8,505.19 billion, while interbank funding costs eased as the overnight rate edged down 18 bps to 20.20%. Treasury Bills Market: Primary NTB yields saw…
FINANCIAL MARKETS TODAY – 05 November 2026
System Liquidity: Banking system liquidity expanded significantly by 9.33% to ₦8,285.48 billion (YTD +117.08%), with interbank lending rates easing as the overnight rate edged down 2 bps to 20.18%. Treasury Bills Market: Directional trading saw yield…
FINANCIAL MARKETS TODAY – 04 November 2026
System Liquidity: Banking system liquidity contracted sharply by 23.97% to close at ₦7,578.43 billion (YTD +98.56%), while interbank borrowing costs held resilient with the Overnight Rate flat at 20.20%. Treasury Bills Market: The secondary market traded…
FINANCIAL MARKETS TODAY – 03 November 2026
System Liquidity: Banking system liquidity surged by 36.06% to close at ₦9,967.04 billion, driven by a substantial liquidity injection that expanded YTD growth to 161.14%, while the overnight rate softened by 5 bps to 20.20%. Treasury Bills Market: The…
FINANCIAL MARKETS TODAY – 02 November 2026
System Liquidity: Banking system liquidity recorded a slight contraction of 0.64% to close at ₦7,325.38 billion, while interbank borrowing costs eased as the Overnight Rate fell by 13 bps to 20.25% with policy benchmarks holding steady at 20.00%.…
WEEKLY FINANCIAL MARKETS – 30 October 2026
System Liquidity: Up 6.30% to ₦7.37 trillion, with the overnight rate holding near the 20.00% OPR. Treasury Bills: The market was mixed with a slight selling bias. The CBN’s OMO sale made investors cautious, and the average yield rose 5bps to 17.97%. FGN…
FINANCIAL MARKETS TODAY – 28 October 2026
System Liquidity: Liquidity stayed in surplus at ₦8.59 trillion, down ₦760 billion, with no OMO or primary market inflows. The OPR stayed at 20.00% and the overnight rate stayed near 20.4%. Treasury Bills: The market was little changed, and the average…
FINANCIAL MARKETS TODAY – 27 October 2026
System Liquidity: Liquidity surged 28% (₦2.05 trillion) to ₦9.35 trillion, helped by a ₦2.13 trillion OMO repayment. The overnight rate fell 45bps to 20.36%, close to the 20.00% OPR. Treasury Bills: The NTB market was little changed. The average rate…