FINANCIAL MARKETS TODAY – 18 September 2026
System Liquidity Liquidity rebounded 40.74% to ₦2.86trn from ₦2.03trn as the tail of the CBN’s ₦3.81trn mid-week repayments fed back with no auction to absorb it, with the OPR and NOFR both steady at 22.00%; direction next week hinges on the size…
FINANCIAL MARKETS TODAY – 17 September 2026
System Liquidity Liquidity fell 65.53% to ₦2.03trn from ₦5.89trn as the CBN drained cash via OMO, with the OPR steady at 22.00% and the overnight rate up to 22.30%; direction this week hinges on the size of the next OMO offer against maturities. Treasury…
FINANCIAL MARKETS TODAY – 16 September 2026
System Liquidity Liquidity jumped 6.36% to ₦5.89trn from ₦5.54trn, with the OPR steady at 22.00% and the overnight rate easing to 22.19%; direction this week hinges on the size of the next OMO offer. Treasury Bills Secondary market rates eased slightly,…
FINANCIAL MARKETS TODAY – 14 September 2026
System Liquidity Liquidity rose 3.84% d/d to ₦2.56trn despite the ₦1.05trn NTB settlement, with funding rates pinned at 22.00%; ₦2.94trn of OMO maturities set direction this week. Treasury Bills The average benchmark yield eased 2bps to 19.03%…
Monthly Financial Market Update – August 2026
Global Macroeconomic Review August saw global economic conditions diverge, with weaker U.S. labour data strengthening expectations of a September rate cut. July non-farm payrolls fell by 23,000, against expectations of an 80,000 increase, while headline…
AIICO MONEY MARKET FUND NEWSLETTER – AUGUST 2026
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 money market securities,…
AIICO BALANCED FUND NEWSLETTER – AUGUST 2026
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 Fund is to create medium to long term…
FINANCIAL MARKETS TODAY – 27 August 2026
System Liquidity Liquidity moderated on settlement outflows from the prior day’s auctions, though a bond coupon and steady SDF participation cushioned the decline. Funding costs should stay moderated, though fresh pressure looms as OMO settlement…
FINANCIAL MARKETS TODAY – 26 August 2026
System Liquidity Liquidity remained in surplus, supported by coupon inflows on a maturing FGN bond and stronger DMB participation at the SDF window, with no recourse to the SLF. Funding rates held stable and should moderate further next session on…
FINANCIAL MARKETS TODAY – 24 August 2026
System Liquidity System liquidity opened the week in surplus, supported by coupon inflows and strong participation at the SDF window. Funding rates should moderate next session, supported by expected liquidity inflows. Treasury Bills The NTB market…
