FINANCIAL MARKETS TODAY – 06 May 2025
System Liquidity System liquidity remained bouyant, though the CBN offered ₦500 bn OMO across two long-term tenors, attracting ₦773.74 bn subscriptions and ₦756.74 bn allotments. Maturing ₦239.15 bn OMOs offset drains. OPR rose 8 bps to 26.58%; O/N…
FINANCIAL MARKETS TODAY – 05 May 2025
System Liquidity System liquidity stayed robust above ₦1.2 trillion, maintaining interbank rate stability. Overnight Policy Rate (OPR) held at 26.50%, while Overnight Rate (O/N) rose 13bps to 26.96% due to moderate liquidity pressures. Treasury Bills The…
Monthly Financial Market Update – April 2025
Global Macroeconomic Review United States:The U.S. economy presented a paradox in April 2025. A rare month-on-month CPI decline of 0.1% for March was observed—the first drop since May 2020—driven by a 6.3% fall in gasoline prices and a 5.3% drop in…
FINANCIAL MARKETS WEEKLY – 02 MAY 2025
System Liquidity Interbank liquidity stayed robust, opening at ₦1.365 trn and closing at ₦1.248 trn, buoyed by ₦259 bn bond coupons and CBN inflows, offsetting ₦804.85 bn OMO auctions. OPR 26.50%, O/N 26.83%. Treasury Bills Trading began subdued, then…
AIICO EUROBOND FUND NEWSLETTER – APRIL 2025
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…
