MPC HIGHLIGHT – SEPTEMBER 2025
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 302nd meeting on September 22–23, 2025, and unanimously decided to cut the Monetary Policy Rate (MPR)…
AIICO Capital is a multi-asset manager, duly licensed by the Securities and Exchange Commission (“SEC”) to provide portfolio and fund management services.
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) held its 302nd meeting on September 22–23, 2025, and unanimously decided to cut the Monetary Policy Rate (MPR)…
System Liquidity The interbank market opened the week firm, as liquidity improved from SDF and coupon inflows, keeping OPR and OVN steady at 26.5% and 26.95%. Treasury Bills The T-bills…
Nigeria’s Economy Accelerates on Oil Boost, Expands 4.23% in Q2-2025 Nigeria’s economy grew by 4.23% YoY in Q2 2025, higher than the 3.48% growth in Q2 2024 and 3.13% in…
System Liquidity Interbank liquidity remained strong despite ₦660bn CCS repayment and ₦267bn NTB settlement. Inflows from OMO maturities, bond coupons, and CBN allocations supported stability. Rates stayed firm at 26.5%…
System Liquidity Ample liquidity persisted despite ₦660bn CCS repayment and ₦267bn net NTB settlement. Rates held steady at 26.5%. FAAC approved ₦2.225trn distribution, with ₦1.415trn expected in markets. Treasury Bills…
System Liquidity Interbank liquidity stayed strong with CBN inflows; OPR held at 26.50% while ON rate eased slightly to 26.88%. Treasury Bills NTB auction attracted ₦1.59trn bids, with ₦345.10bn allotted.…
System Liquidity OMO maturities of ₦204.87bn sustained ample liquidity. Rates stayed firm at 26.5%, with OPR and Overnight rate holding at 26.50% and 26.92%. Treasury Bills T-bills traded actively but…
System Liquidity Liquidity remained strong, keeping rates stable at 26.5%. OPR stayed at 26.50%, while the Overnight rate eased 4bps to 26.92%. Treasury Bills T-bills traded quietly with mild bullish…
Inflation Watch – Nigeria’s Inflation Cools Further, Down to 20.12% in August For the fifth consecutive month, Nigeria’s inflation rate declined in August 2025, settling at 20.12% y/y, down from…
System Liquidity System liquidity rose ₦446.13bn w/w to ₦2.085trn, supported by NTB and OMO maturities despite CRR debits. Interbank rates stayed stable near 26.5%, with OPR flat at 26.50% and…