AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
Inflation Watch – Nigeria’s Inflation Surges to 32.70%, Reversing Two-Month Decline Streak In September 2024, Nigeria experienced a significant rise in headline inflation to 32.70% y/y, surpassing the estimated 32.34%…
Money Market Opening system liquidity plunged further into negative territory, bolstered by Friday’s OMO sale of over ₦900 billion. Nonetheless, the Open Repo Rate (OPR) and the Overnight Rate (O/N)…
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…
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 Markets This week, system liquidity ended in a deficit due to various factors, such as CBN FX interventions, net CRR debits, CBN SWAP rollovers, and OMO auction settlements. The…
Money Market Opening system liquidity plunged into negative territory, with over ₦1 trillion borrowed from the CBN’s SLF window. As a result, the Open Repo Rate (OPR) and the Overnight…
Money Market Opening system liquidity improved significantly, supported by OMO maturities. As a result, the Open Repo Rate (OPR) and the Overnight Rate (O/N) declined by 49bps and 56bps to…
Money Market System liquidity decreased further, with around ₦910 billion exposed to the CBN’s SLF window. As a result, the Open Repo Rate (OPR) rose by 11 bps to 32.39%,…
Global Macroeconomic Review United States: The US Federal Reserve made a significant decision to cut its interest rates for the first time in over four years. The key lending rate…
Money Market Opening system liquidity improved to start the week but remained in negative territory, keeping the interbank rates elevated. Specifically, the Open Repo Rate (OPR) and the Overnight Rate…
