Monthly Financial Market Update – August 2022
Macroeconomic Review Nigerian Economy Grew Faster than expected in Q2 2022 while CPI Soared to a high of 19.64% in July Nigeria’s Real Gross Domestic Product (GDP) reportedly grew by…
AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
Macroeconomic Review Nigerian Economy Grew Faster than expected in Q2 2022 while CPI Soared to a high of 19.64% in July Nigeria’s Real Gross Domestic Product (GDP) reportedly grew by…
Macroeconomic Review Heated Interest Rate Environment as Global Central Banks tackle Inflationary Pressures. The start of H2 2022 has seen no respite in global macroeconomic conditions, as the world economy…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened significantly higher today at ca ₦74.93 billion long buoyed by late retail FX refunds on Thursday, compared with yesterday’s negative opening…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened ca ₦19.59 billion short, lower than yesterday’s opening balance of ca ₦56.50 billion. Thus, the Overnight Policy Rate (OPR) printed higher…
FIXED INCOME MARKET Money Markets Interbank system liquidity declined further today, opening with a balance of ₦56.50 billion, lower than the previous day’s opening balance of ca ₦103.27 billion. Thus,…
OVERVIEW AIICO Money Market fund is an open-ended collective investment vehicles that pools investment monies from various individuals, Corporate organizations and High Net-worth Clients (HNC) for the purpose of investing…
FIXED INCOME MARKET Money Markets Interbank system liquidity declined today, opening with a balance of ₦103.27 billion, lower than the previous day’s opening balance of ca ₦247.13 billion. Thus, the…
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…
FIXED INCOME MARKET Money Markets Interbank system liquidity opened at ca ₦247.13 billion today, significantly higher than Friday’s opening of a ca ₦89.99 billion deficit, due to late FAAC inflows.…