INFLATION WATCH – APRIL 2022
Rising global commodity prices steered Nigeria’s inflation to 16.82% in April 2022 Nigeria’s Consumer Price Index (CPI) for April 2022 printed significantly higher at 16.82% Y-on-Y (an 8-month high), up from 15.82% Y-o-Y in March (Bloomberg Consensus…
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 money market securities,…
FINANCIAL MARKETS TODAY – 13 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a credit balance of ca ₦299.98 billion, an increase from yesterday’s balance of ca ₦271.40 billion. However, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended higher…
FINANCIAL MARKETS TODAY – 12 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity improved today, to open with a credit balance of ca ₦271.40 billion compared to yesterday’s balance of ca ₦251.64 billion. Thus, the Overnight Policy Rate (OPR) and Overnight (ON) rates trended…
FINANCIAL MARKETS TODAY – 11 May 2022
FIXED INCOME MARKET Money Markets Interbank system liquidity opened with a balance of ₦251.64 billion, lower than yesterday’s opening balance of ca ₦336.12 billion. Overall, liquidity levels remained robust with no significant funding needs. However, the…
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 Rate (OPR) and Overnight (ON) rates trended…
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 Policy Rate (OPR) and Overnight (ON) rates…
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 Policy Rate (OPR) remained unchanged at 4.75%,…
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 money market securities,…
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 Fund is to create medium to long term…
