FINANCIAL MARKETS TODAY – 09 October 2026
System Liquidity: Liquidity rose 3.35% to c. ₦3.71trn. The Overnight rate edged up to 20.85%, and the Open Repo rate was flat at 20.40%. Liquidity should stay in surplus. Treasury Bills: The market was mixed. The 91-day yield fell 31bps to 17.25%, the…
FINANCIAL MARKETS TODAY – 08 October 2026
System Liquidity: Liquidity fell 9.30% to c. ₦3.59trn. The Open Repo and Overnight rates were not updated when the report was done, so they are held at 20.00% and 20.65%. Liquidity should stay in surplus. Treasury Bills: Yields fell 1bp across the curve…
FINANCIAL MARKETS TODAY – 07 October 2026
System Liquidity: Liquidity fell to c. ₦3.96trn after a late OMO settlement, but the average funding cost eased 27bps to 20.33%. Banks placed c. ₦3.76trn at the SDF window. Liquidity should stay in surplus. Treasury Bills: The DMO sold c. ₦968.47bn at…
FINANCIAL MARKETS TODAY – 06 October 2026
System Liquidity: Liquidity rose 40.52% to c. ₦7.09trn, but the CBN’s OMO sale pushed the average funding cost up 32bps to 20.59%. Treasury Bills: Sentiment was soft ahead of the NTB auction. The average yield fell 1bp to 17.85%. FGN Bonds: Trading…
AIICO BALANCED FUND NEWSLETTER – SEPTEMBER 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 – 05 October 2026
System Liquidity: Liquidity rose 3.89% to ₦5.05trn from ₦4.86trn, as banks placed c. ₦4.86trn at the SDF window with no recourse to the SLF. The OPR fell 40bps to 20.00% and the overnight rate fell 26bps to 20.54%, pulling the average funding cost down…
FINANCIAL MARKETS TODAY – 02 October 2026
System Liquidity: The ₦4.69trn OMO sale settled and cut liquidity to ₦4.70trn from ₦8.84trn. Liquidity then rose 3.32% to ₦4.86trn. The OPR rose 40bps to 20.40% and the overnight rate rose 41bps to 20.80%. NOFR held at the 20.00% floor and the average…
FINANCIAL MARKETS TODAY – 29 September 2026
System Liquidity: Liquidity rose 37.01% to ₦8.84trn from ₦6.45trn. The overnight rate rose 28bps to 20.86%, NOFR held at the 20.00% floor, and the average T-bill rate was flat at 17.84%. Treasury Bills: The CBN sold ₦4.69trn of OMO bills against ₦2.5trn…
FINANCIAL MARKETS TODAY – 28 September 2026
System Liquidity Liquidity rose 7.92% to ₦6.45trn from ₦5.98trn. NOFR held at the 20.00% floor, and the average T-bill rate eased 5bps to 17.84%. Treasury Bills Trading quietened after last week’s rally. The 91-day and 365-day each eased 3bps, to…
FINANCIAL MARKETS TODAY – 25 September 2026
System Liquidity Liquidity fell 16.40% to ₦5.98trn from ₦7.15trn as ₦6.09trn in bids chased ₦1trn of OMO bills. The OPR eased 40bps to 20.40% and the overnight rate 21bps to 20.77%. Treasury Bills Record-low auction stop rates pulled rates down, led by…
