AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
Money Market Interbank liquidity improved substantially at today’s opening, boosted by inflows from Remita and other state-related credits. This liquidity injection prompted a modest easing in interbank rates: the Overnight…
OVERVIEW AIICO Eurobond Fund is an open-ended Dollar denominated mutual fund, strategically investing in high-quality Nigeria sovereign & non-sovereign Eurobonds and in investment-grade money market instruments. INVESTMENT OBJECTIVES The investment…
Money Market Interbank liquidity tightened at market open today, despite ₦28.11 billion in FGN Bond coupon inflows and CBN FX settlements. Interbank rates showed modest upward movement, with the Overnight…
Money Markets The interbank market opened the week with a robust liquidity surplus of ₦906.85 billion, supporting stable short-term rates. However, liquidity declined significantly by ₦603.81 billion to close at…
Money Market Interbank liquidity tightened sharply today after NTB auction settlements and substantial CBN FX outflows, pushing the Overnight Policy Rate (OPR) up 33bps to 26.83% and Overnight Rate (O/N)…
Money Market Interbank liquidity opened lower at ~₦341 billion but maintained a positive balance. Rates showed no material movement, as the Overnight Policy Rate (OPR) stabilized at 26.50% while the…
Money Market Interbank liquidity stayed strong despite a modest decline to ~₦757 billion, keeping rates steady—the Overnight Policy Rate (OPR) at 26.50% and Overnight Rate (O/N) at 26.94%. Outlook: Interbank…
Money Market Interbank liquidity remained robust, exceeding ₦900 billion in surplus, keeping rates stable—the Overnight Policy Rate (OPR) held at 26.50% and the Overnight Rate (O/N) at 26.95%. Outlook: Interbank…
Global Macroeconomic Review United States: The U.S. economy exhibited signs of cooling inflation in February 2025, with the Consumer Price Index (CPI) rising 0.2% m/m (2.80% y/y) and core CPI…
Money Markets The interbank market sustained robust liquidity throughout the week, largely driven by ₦651 billion in OMO maturities, which helped keep short-term rates stable despite CBN’s CRR debits. Early…
