AIICO BALANCED FUND NEWSLETTER – JUNE 2021
The fund's net yield increased month on month to -4.89% at the end of June 2021 an improvement from -6.38% in May. This improvement was closely tied to the bullish…
AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
The fund's net yield increased month on month to -4.89% at the end of June 2021 an improvement from -6.38% in May. This improvement was closely tied to the bullish…
System Liquidity opened the week with a balance of ca ₦28.63 billion, lower than the previous day’s opening of ca ₦149.26 billion ensued by the CRR debits and funding for…
System Liquidity improved significantly today, opening with a balance of ca ₦149.26 billion, higher than previous day’s opening of ca ₦24.15 billion. Nevertheless, Open Buy Back (OBB) and Overnight (ON)…
Headline Consumer Price Index (CPI) figures for May settled at 17.93% Y-o-Y vs 18.12% recorded in April 2021. The reduction in headline inflation was largely due to...
System Liquidity eased further today, opening with a balance of ca ₦24.15 billion today, lower than previous day’s opening of ca ₦53.53 billion. As a result, the Open Buy Back…
System Liquidity opened with a balance of ca ₦53.53 billion today, lower than previous day’s opening of ca ₦205.76 billion. As a result, the Open Buy Back (OBB) and Overnight…
The Debt Management Office (DMO) released the Federal Government of Nigeria (FGN) bond issuance calendar for third quarter of 2021, with total amount on offer of ca ₦540billion, ca +20%…
The Nigerian Senate on 07 July 2021, approved the Federal Government’s request to borrow ca $6.1 billion (₦2.343 trillion) from Multilateral and Bilateral tenders as well as the international Capital…
System Liquidity opened with a balance of ca ₦205.76 billion today, higher than previous day’s opening of ca ₦170.94 billion, as inflows from OMO maturities impacted the system. As a…
Banking system Liquidity Improved significantly, to open with ca ₦170.94 billion today, higher than Friday’s opening of ca -₦36.09 billion. As a result, the Open Buy Back (OBB) and Overnight…