INFLATION WATCH – January 2023
Inflation still on the rise, no end in sight. Nigeria’s inflation for January 2023 nudged upward to 21.82% Y-o-Y (Est. +21.30%), an increase of c.0.48% from 21.34% Y-o-Y recorded in…
Monthly Financial Market Update – January 2023
Macroeconomic Review Nigeria’s inflation – About time for “law of gravity”? After the sustained increase in Nigeria’s inflation for the most part of 2022, Dec’2022 inflation turned out to be…
FINANCIAL MARKETS TODAY – 14 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity improved to c.₦566.5 billion compared to yesterday’s opening balance of c.₦ 456.9 billion. However, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 13 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased to c.₦456.9 billion compared to last week Friday’s opening balance of c.₦ 400.5 billion. Consequently, the Overnight Policy Rate (OPR) and…
FINANCIAL MARKETS TODAY – 10 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity declined to c.₦400.5 billion compared to yesterday’s opening balance of c.₦ 459.3 billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate…
FINANCIAL MARKETS TODAY – 9 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity declined to c.₦459.3billion because of the NTB auction settlement, compared to yesterday’s opening balance of c.₦ 650.3 billion. Nonetheless, the Overnight Policy…
FINANCIAL MARKETS TODAY – 8 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased today to c.₦ 650.3 billion compared to yesterday’s c.₦ 472.3 billion. Nonetheless, the Overnight Policy Rate (OPR) and the Overnight Rate…
FINANCIAL MARKETS TODAY – 7 February 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity increased today to c.₦ 472.3 billion compared to yesterday’s c.₦ 280.1 billion. Nonetheless, the Overnight Policy Rate (OPR) and the Overnight Rate…
FINANCIAL MARKETS TODAY – 6 February 2023
FIXED INCOME MARKETS Money Markets Estimated opening system liquidity was c.₦300 billion long, in the absence of official figures by the CBN. Thus, the Overnight Policy Rate (OPR) remained unchanged…
AIICO MONEY MARKET FUND NEWSLETTER – January 2023
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…
