FINANCIAL MARKETS TODAY –08 May 2023
FIXED INCOOME MARKETS Money Markets Opening System liquidity increased to c.₦534.78 billion long, compared with the opening balance of ₦343.84 billion recorded last week Friday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) both…
AIICO MONEY MARKET FUND NEWSLETTER – April 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 in money market securities,…
FINANCIAL MARKETS TODAY –05 May 2023
FIXED INCOME MARKET Money Markets Opening System liquidity increased to c.₦343.84 billion long, compared with the opening balance of ₦297.75 billion recorded yesterday. However, the Open Repo Rate (OPR) and the Overnight Rate (O/N) remained unchanged at…
Monthly Financial Market Update – April 2023
Macroeconomic Review Nigeria’s Inflation-Reflecting the known reality Nigeria’s inflation for March 2023 rose to 22.04% Y-o-Y (Est. +21.80%), an increase of c.0.13% from 21.91% Y-o-Y recorded in February 2023. Moreso, headline inflation printed higher at…
FINANCIAL MARKETS TODAY –04 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity declined to c. ₦ 297.75 billion long, compared with the opening balance of ₦320.88 billion recorded yesterday. However, the Open Repo Rate (OPR) remained unchanged at 11.00% while the Overnight…
FINANCIAL MARKETS TODAY –03 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity increased to c. ₦ 320.88 billion long, compared with the opening balance of ₦293.02 billion recorded yesterday. However, the Open Repo Rate (OPR) remained unchanged at 11.00% while the Overnight…
FINANCIAL MARKETS TODAY –02 May 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity declined to at c. ₦293.02 billion long, compared with the opening balance of ₦1.11 trillion recorded last week Friday. This was due to the Retail FX SMIS and CRR debits that took place.…
