FINANCIAL MARKETS TODAY – 10 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, opening with a credit balance of ₦336.12 billion, compared to yesterday’s balance of ca ₦165.47 billion. Thus, the Overnight Policy…
FINANCIAL MARKETS TODAY – 09 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity tapered today, opening with a balance of ₦165.47 billion, significantly lower than Friday’s opening balance of ca ₦520.10 billion. Thus, the Overnight…
FINANCIAL MARKETS TODAY – 06 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity remained buoyant with a balance of ₦520.10 billion, compared to the previous day’s opening balance of ca ₦591.31 billion. Overall, the Overnight…
AIICO MONEY MARKET FUND NEWSLETTER -APRIL 2022
Overview AIICO Money Market fund is an open-ended collective investment vehicles that pools investment monies from various individuals, Corporate organizations and High Net-worth Clients(HNC) for the purpose of investing in…
AIICO BALANCED FUND NEWSLETTER – APRIL 2022
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 – 05 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ₦591.31 billion, compared to previous day’s opening balance of ca ₦309.08billion. Consequently, the Overnight Policy Rate (OPR)…
FINANCIAL MARKETS TODAY – 04 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, opening with a balance of ₦309.08 billion, compared to Friday’s opening deficit of ca ₦18.71 billion. Consequently, the Overnight Policy…
Monthly Financial Market Update – April 2022
Macroeconomic Review Inflationary Pressures Mount as Nigeria’s CPI Hits 15.92% Y-o-Y Nigeria’s inflation rate accelerated to 15.92% in March 2022 (12bps higher than Bloomberg’s consensus estimate), representing a 22bps increase…
FINANCIAL MARKETS TODAY – 29 April 2022
FIXED INCOME MARKET Money Markets The Overnight Policy Rate (OPR) and Overnight (ON) rate trended higher due to the bi-weekly retail FX auction, to settle at 12.25% and 12.50% from…
FINANCIAL MARKETS TODAY – 28 April 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a deficit of ca ₦235.78 billion today, compared to the previous day’s opening balance of ca ₦97.53billion. Nonetheless, the Overnight…
