Monthly Financial Market Update – June 2023
Global Macroeconomic Review In the early period of June, the World Bank revised global GDP growth rate for 2023 from 1.7% predicted in January, to 2.10%. The World Bank expects…
FINANCIAL MARKETS TODAY –10 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦822.74 million long, compared with ₦818.00 million recorded last Friday. Thus, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
AIICO BALANCED FUND NEWSLETTER – June 2023
OVERVIEW AIICO Balanced Fund is an open-ended mutual fund, investing in Fixed income instruments, Money market instruments and both Quoted and Unquoted equities. INVESTMENT OBJECTIVE The investment objective of the…
FINANCIAL MARKETS TODAY –07 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity today decreased to ₦818.00 million long, compared with ₦896.33 million recorded yesterday. However, the Open Repo Rate (OPR) and Overnight Rate (O/N)…
FINANCIAL MARKETS WEEKLY – 07 July 2023
FIXED INCOME MARKETS Money Markets In the absence of any significant outflows, system liquidity remained positive this week. Liquidity declined by 28.85% to ₦818.00 billion from ₦1.15 trillion recorded at…
FINANCIAL MARKETS TODAY –03 July 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity decreased to ₦600.98 million long, compared with last week Friday’s opening balance of ₦1.15 billion. Nonetheless, both the Open Repo Rate (OPR)…
FINANCIAL MARKETS WEEKLY – 30 June 2023
FIXED INCOME MARKETS Money Markets System liquidity remained firmly positive this week, with FAAC inflows bolstering liquidity by 87.44% to ₦1.15 trillion from ₦613.33 billion recorded last week. Consequently, the…
FINANCIAL MARKETS TODAY –27 June 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦898.90 billion long, compared with yesterday’s opening balance of ₦574.64 billion. Nonetheless, the Open Repo Rate (OPR) and the Overnight…
FINANCIAL MARKETS WEEKLY – 26 June 2023
FIXED INCOME MARKETS Money Markets Opening system liquidity settled at ₦574.64 billion long, compared with last Friday’s opening balance of ₦668.52 billion. Nonetheless, the Open Repo Rate (OPR) and the…
FINANCIAL MARKETS WEEKLY – 23 June 2023
FIXED INCOME MARKETS Money Markets System liquidity stayed elevated this week, even as additional inflows propped up liquidity. To quantify, system liquidity increased by 292.18% from ₦156.39 billion last week…
