AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
FIXED INCOME MARKETS Money Markets Opening system liquidity was estimated to be c.-₦300 billion in the absence of official figures, compared to yesterday’s opening balance of c.-₦200.24 billion. Consequently, the…
FIXED INCOME MARKETS Money Markets System liquidity improved slightly today, albeit still in the negative territory, following inflows from retail FX refund, as opening balance settled at c.-₦345.71 billion, compared…
FIXED INCOME MARKETS Money Markets System liquidity dipped further at c.-₦617.51 billion, compared to yesterday’s opening balance of c.-₦482.43 billion. As a result, Overnight Policy Rate (OPR) and Overnight Rate…
FIXED INCOME MARKETS Money Markets System liquidity opened lower at c.-₦482.43 billion, compared to yesterday’s opening balance of c.-₦458.62 billion, despite the inflows from FGN bond coupons, OMO maturity and…
FIXED INCOME MARKETS Money Markets System liquidity opened lower at c.-₦458.62 billion, compared to last week Friday’s opening balance of c.-₦404.58billion. However, the Overnight Policy Rate (OPR) and Overnight Rate…
FIXED INCOME MARKETS Money Markets System liquidity declined further with an opening balance of c.-₦404.58 billion, compared to yesterday’s opening balance of c.-₦280.23billion. However, the Overnight Policy Rate (OPR) and…
The Monetary Policy Committee (MPC) concluded its 2-day meeting on March 21, 2023, and raised the benchmark interest rate by 50bps, from 17.50% to 18.00%. Please see below, a summary…
FIXED INCOME MARKETS Money Markets Opening system liquidity slipped into the negative territory (c.-₦280.23 billion, compared to yesterday’s opening balance of c.₦197.27billion long), following yesterday’s FGN bond auction settlement which…
FIXED INCOME MARKETS Money Markets Opening system liquidity declined to c.₦197.27 billion, compared to yesterday’s opening balance of c.₦224.13billion. Consequently, the Overnight Policy Rate (OPR) and Overnight Rate (O/N) increased…
A slower pace for February’s Valentine Nigeria’s inflation for February 2023 rose to 21.91% Y-o-Y (Est. +21.80%), an increase of c.0.09% from 21.82% Y-o-Y recorded in January 2023. However, the…
