Monthly Financial Market Update – May 2023
Macroeconomic Review Nigeria’s Gross Domestic Product – Lower than expected growth numbers Nigeria’s Q1 2023 Gross Domestic Product (GDP) grew by 2.31% Y-o-Y, lower than the 2.85% estimate. Although, the…
FINANCIAL MARKETS TODAY –06 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c.₦381.08 billion long, , compared with the opening balance of ₦200 billion long, recorded yesterday Consequently, the Open Repo Rate…
AIICO MONEY MARKET FUND NEWSLETTER – May 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…
FINANCIAL MARKETS TODAY –05 June 2023
FIXED INCOME MARKETS Money Markets In the absence of official figures, opening system liquidity was estimated to hover around c.₦200 billion long. Consequently, the Open Repo Rate (OPR) and the…
FINANCIAL MARKETS WEEKLY – 02 June 2023
FIXED INCOME MARKETS Money Markets Due to the absence of significant flows, opening system liquidity swung at close-range levels this week, as we recorded only 17bps decline to ₦230.13 billion,…
FINANCIAL MARKETS TODAY –02 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c. ₦230.13 billion long, compared with the opening balance of ₦162.63 billion long, recorded yesterday. Consequently, the Open Repo Rate…
FINANCIAL MARKETS TODAY –01 June 2023
FIXED INCOME MARKETS Money Markets Opening System liquidity improved to c. ₦162.63 billion long, compared with the opening balance of ₦114.79 billion long, recorded yesterday. Consequently, the Open Repo Rate…
